EDITION #357
Perth, Western Australia - Wednesday March 20, 2024 |
The curious case of AVZ, the Congo and the biggest lithium deposit on the planet |
The fight over AVZ Minerals’ mega-lithium deposit in the DRC conjures up images of the whacky Cantina bar scene in Star Wars. A recent court ruling, however, may have reset the playing field in AVZ’s favour. |
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Welchau-1 gas hit scorches market with ADX price hike
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ADX Energy says it had plunged 1733m into its Welchau-1 gas well in Austria by yesterday, recording 115m of liquids-rich gas between 1452m and 1567m and triggering an ASX share price hike of 100 per cent. |
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Galan splashes into second Argentine lithium pool
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Galan Lithium has continued to ramp up its Hombre Muerto West lithium chloride project in Argentina, with evaporation in its first pond continuing, a second filling up and construction of a third well underway. |
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ANSTO ratifies Sybella rare earths testing for Red Metal |
Tests conducted by rare earths metallurgical specialists ANSTO Minerals have validated Red Metal’s breakthrough leach results using chip samples from its new Sybella discovery near Mt Isa in North Queensland. |
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Surefire testwork triggers Murchison gold upgrade |
Metallurgical testwork on samples from Surefire Resources’ Yidby gold project in WA’s Murchison region alludes to almost 70 per cent more gold than previously reported as the gold price continues to glitter. |
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International Graphite battery tests boost WA play |
International Graphite has reported “exceptional” battery testwork results on its Springdale graphite concentrate, with studies in Germany showing purity levels above that expected for use in EV batteries. |
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Reach lands boots on ground for WA niobium hunt |
With the till topped up to the tune of $3.2 million, courtesy of a sweet, new JV deal with Delta Lithium, Reach Resources has landed boots on ground at its Wabli Creek niobium project in WA’s Gascoyne region. |
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Buxton in heritage talks to expand WA graphite project |
Buxton Resources is engaged in a fourth Aboriginal heritage survey at its Graphite Bull project in WA’s Gascoyne region in a bid to further expand the area covered by its previous agreements to about 3sq km. |
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Toro primes drill bit for Wiluna uranium project |
Toro Energy is poised to launch drilling at its Wiluna uranium-vanadium play in WA to provide sufficient ore samples to feed its upcoming pilot plant that is expected to begin operating in the next quarter. |
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Canadian cash grant to fuel ENRG lithium hunt |
ENRG Elements’ plans to ramp up exploration at its lithium project in Canada have been boosted by a C$180,000 cash injection after it secured a timely co-funded grant from the Manitoba Mineral Development Fund. |
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