ASX News Perth - Horizon merger to build on gold production dream
EDITION #347
Perth, Western Australia - Wednesday February 14, 2024
Horizon merger to build on gold production dream
Horizon Minerals has moved to build further on its mission to become a mid-tier gold producer in Western Australia’s renowned Goldfields region through a proposed merger with Greenstone Resources.
International Graphite unveils “Australian-first” plant
ASX-listed International Graphite has successfully commissioned its new graphite micronising plant in the South West town of Collie in what it says is a first for the Australian battery minerals industry.
GreenTech Metals has produced grades of up to 2.36 per cent lithium oxide from drilling and sampling of its pegmatites in WA’s West Pilbara region – along strike from Azure Minerals’ Andover lithium discovery.
Novo Resources’ earn-in partner De Grey Mining has recorded significant gold hits from an ongoing air-core and reverse-circulation drill campaign at their shared Becher gold project in WA’s Pilbara region.
Arafura locks in gas supply for NT rare earths project
Arafura Rare Earths has secured the gas supply for its proposed Nolans rare earth project in the Northern Territory after signing an agreement with the joint venture partners of the Mereenie onshore gas field.
Valor Resources has secured the rights to acquire the 83-square-kilometre Frazer Lake lithium project in Canada’s Ontario province where pegmatite sampling has yielded 44m at 0.54 per cent lithium oxide.
Riedel Resources has returned high recoveries from initial metallurgical testing using both carbon-in-pulp and flotation processes on samples from its Kingman gold project based in the US State of Arizona.
Buxton eyes “exciting” porphyry targets in Arizona
Buxton Resources has identified at least two new and untested porphyry copper-molybdenum drill targets at its Sun Devil and Aztecs prospects that form part of its Copper Wolf project in the US State of Arizona.
Alto runs rule over 6km high-grade Sandstone gold anomaly
Alto Metals plans to infill fine-fraction soil sampling at its Sandstone gold project in Western Australia’s Mid West region to better resolve a 6km-long gold-arsenic soil anomaly defined by its first program.
Si6, Foxfire kick off Brazilian rare earths, lithium hunt
Si6 Metals and Foxfire Metals are poised to launch their joint venture search for rare earths and lithium at their Caldera project in Brazil that sits near Meteoric Resources’ colossus Caldeira play.
ADX Energy has committed to start drilling its Welchau gas prospect in eight days as it chases 807Bcf of gas in Upper Austria. All regulatory requirements are in place and drilling will take about 39 days.
Lithium Universe scours globe for refinery spodumene
Lithium Universe has initiated key metallurgical testwork on different spodumene types from all around the globe, with a view to creating feedstock for its proposed lithium refinery project in Quebec.
