ASX News Perth - World-class: Experts laud TMK gas project in Mongolia
EDITION #351
Perth, Western Australia - Wednesday February 28, 2024
Auric on cusp of second operating gold mine
Just weeks after celebrating its third-year anniversary as a listed company, Auric Mining is aiming to hold a unique role in the Australian resources sector as a relative junior with two operating gold mines.
World-class: Experts laud TMK gas project in Mongolia
An independent technical review of TMK Energy’s massive Gurvantes XXXV pilot well program in Mongolia’s South Gobi Desert has given the coal seam gas project a resounding “world-class” rating.
Galan kicks off lithium brine evaporation phase in Argentina
Galan Lithium says it has set the evaporation process in motion at its Hombre Muerto West lithium brine project in Argentina, with the earthworks and lining of its first pond officially complete.
OD6 Metals has recovered up to 90 per cent rare earths from its sampling program conducted across multiple targets at its Splinter Rock project, about 150km north-east of the port town of Esperance in WA.
Hot Chili delivers boost to Chilean copper-gold resources
Hot Chili has unveiled a six per cent boost to the indicated copper-gold resource at its Costa Fuego project in Chile’s Atacama region, giving it an enhanced total of 3.62 million tonnes of copper-equivalent.
Everest locks in Edith Cowan for Mt Edon rubidium project
Everest Metals is scaling up its Mt Edon critical mineral project in WA’s Mid West region after securing Edith Cowan University’s mineral research arm to help develop an innovative rubidium extraction process.
ADX spuds well in bid to supply Europe with Austrian gas
ADX Energy has launched the drilling of its much-publicised Welchau-1 gas well in Austria in a bid to help secure gas energy supply independence for the European country. The well was spudded just two days ago.
White Cliff to hit Canadian skies for copper search
White Cliff Minerals has contracted Expert Geophysics to complete an airborne geophysical survey over its entire Coppermine project in the Canadian province of Nunavut as soon as next quarter.
Mount Ridley nabs $1m rebate for rare earths research
Mount Ridley Mines says its coffers have been given a $1 million top-up after it pocketed a research-and-development tax rebate for work done on its rare earths project near Esperance on WA’s south coast.
Infini microgravity survey jags 40 new lithium targets
Infini Resources says it has added 40 new potentially lithium-bearing pegmatite targets to its books after running geophysical surveys at the company’s 100 per cent-owned Paterson Lake project in Canada.
Uranium price highs boost Toro plans for Wiluna play
With uranium prices soaring globally, Toro Energy has reconfirmed its commitment to constructing its Lake Maitland pilot plant to test ores from three uranium-vanadium deposits south-west of Wiluna in WA.
American West primed for drill attack on Canadian copper
American West Metals is set to plunge the drill bit into its Storm copper play in Canada where it will smash into an exploration and resource expansion program after boosting its cash holdings by $10 million.
Classic makes official bid to mine Forrestania gold
Classic Minerals has its sights set on production at its Lady Ada and Lady Magdalene gold deposits in WA after tabling a mining lease application for the Forrestania tenements that contain the two projects.
