EDITION #369
Perth, Western Australia - Sunday May 5, 2024 |
Booming uranium price prompts Toro expansion at WA play |
A surging uranium price has led Toro Energy to re-evaluate the mineral resource of its Dawson Hinkler deposit in Western Australia, leading to a 115 per cent increase in the site’s contained uranium oxide. |
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WA land sale puts sharper Black Dragon focus on Spanish gold |
Black Dragon Gold has narrowed its focus on the development of its Salave gold project in northern Spain after selling off a $150,000, two-tenement package from its Padbury play near Meekatharra in WA. |
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Venture names new chair to guide WA rare earths chase |
Venture Minerals has appointed experienced board director Tim Lindley as its non-executive chair as the company continues to focus on the development of its Jupiter rare earths deposit in WA’s Mid West region. |
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Meekatharra cracker: Krakatoa runs on niobium find |
This week’s Bulls N’ Bears Runner of the Week is … Krakatoa Resources. Its share price jumped 130 per cent on a niobium find to join fellow movers and shakers Adisyn, Canterbury Resources and Pivotal Metals. |
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Lindian confidence grows in massive Malawi rare earths play |
A successful Lindian Resources infill drill campaign has underpinned an indicated resource boost of 61 million tonnes at 2.43 per cent total rare earth oxides at the giant Kangankunde project in Malawi. |
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Novo preps drill rigs to chase high-grade WA gold |
Novo Resources will kick off 4km of RC drilling next week to follow up on high-grade gold hits reaching up to 6m at 6.12g/t at its Nunyerry North prospect, about 150km south-west of Port Hedland in WA. |
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Si6 to take commanding chunk of Brazilian projects |
Si6 Metals will assume a more commanding role in its Brazilian critical minerals joint venture with Foxfire Metals after lifting its stake in the partnership to a 70 per cent interest in any future licences. |
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GWR, Dynamic call in experts to test Tassie magnesite |
The University of Tasmania is testing a 69.9kg composite magnesite sample from GWR Group and Dynamic Metals’ joint venture project in the Apple Isle in a bid to reduce contaminants such as silica. |
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Geochemistry gets Chariot lithium hunt rolling in Wyoming |
Phase one drilling at Chariot Corporation’s Black Mountain hard rock lithium project in Wyoming has wrapped up, with all holes hitting highly-fractionated pegmatites and high grades expected to soon emerge. |
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China visit validates refinery plans for Lithium Universe |
A recent trip to several Chinese lithium producers has reinforced Lithium Universe’s commitment to building its proposed 16,000 tonnes per annum battery-grade lithium carbonate refinery in Canada. |
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Buxton takes to sky to define Arizona copper target cluster |
A recent drone aeromagnetics survey by Buxton Resources has unveiled a north-east-trending cluster of magnetic anomalies in the south-central part of its 100 per cent-owned Wolverine prospect in Arizona. |
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Lycaon collects cash to fuel WA niobium-rare earths hunt |
After getting a long-awaited green light to start exploring in WA’s West Arunta region, Lycaon Resources is now building a war chest to fuel its mission through a new grant and a $2.5 million capital raise. |
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OD6 to hunt more Esperance rare earths with new funds |
OD6 Metals will use new WA Government funding to drill further into its Splinter Rock rare earths project near Esperance. The company’s maximum $180,000 grant has been earmarked for drilling at two prospects. |
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Infini looks to drone to crack Canadian uranium code |
Infini Resources has secured the tick of approval to conduct geophysical surveys, including high resolution drone magnetics, at its 100 per cent-owned Portland Creek uranium project in Newfoundland, Canada. |
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Kula spins drill bit among Marvel Loch gold giants |
The drill bit is turning at Kula Gold’s 100 per cent-owned Marvel Loch project near the Western Australian Wheatbelt town of Southern Cross as the company’s hunt for gold and rare earths intensifies. |
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