EDITION #376
Perth, Western Australia - Wednesday May 29, 2024 |
Bonanza WA gold hit triggers Aurumin trading frenzy |
Aurumin has smashed its previous ASX trading volume record out of the park after it revealed a bonanza gold grade hit of 1m going 344 grams per tonne from drilling at its Sandstone project in Western Australia. |
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Lindian appoints new boss for African rare earths mission |
Incoming Lindian Resources chief executive officer Alwyn Vorster has vowed to bring the company’s flagship Kangankunde rare earths project in Malawi into construction and operation “as soon as possible”. |
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“Company-changing”: Aruma sets new multi-mineral path |
Aruma Resources is heralding the potentially “company-changing” acquisition of two copper operations in Queensland and a highly-prospective iron oxide-copper-gold and uranium play in South Australia. |
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Bold gold run continues with big Turaco hit |
In this week’s edition of Bulls N’ Bears Big Hits, we unravel some of the more curious drill intersections revealed on the ASX last week, including Turaco Gold’s long 105m hit at 1.61g/t gold from 135m. |
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Reach zeros in on Gascoyne niobium, rare earths |
A geophysical data review at Reach Resources’ Wabli Creek project in WA’s Gascoyne region has identified a magnetic intrusive that may be linked to the source of niobium, yttrium and rare earths mineralisation. |
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Arafura lures new $300m finance pot for NT rare earths play |
Arafura Rare Earths says US$300 million in debt financing from Export Development Canada is conditionally approved as a final investment decision on its Nolans project in the Northern Territory edges closer. |
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White Cliff set for Canadian copper-gold-silver blitz |
White Cliff Minerals is poised for an exploration blitz when it kicks off a maiden fieldwork campaign at its Nunavut copper-gold-silver project in the northern Canadian province of the same name. |
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Infini homes in on Newfoundland uranium potential |
Infini Resources believes it is now hot on the trail of a Canadian uranium deposit at its Portland Creek project in Newfoundland after an initial field program threw up samples assaying as high as 1301ppm. |
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Toubani grabs ex-Tietto boss to bolster African gold bid |
After successfully setting up Tietto Minerals as a $750 million takeover target for China’s Zhaojin Capital, experienced gold operator Matt Wilcox has been lured to the board of Toubani Resources. |
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Venus nabs new ground in Telfer gold-copper elephant country |
Venus Metals has confirmed its acquisition of the Copper Hills exploration licence in the highly-prospective Paterson Orogen, about 165km south-east of Newcrest Mining’s massive Telfer gold mine in WA. |
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Everest hits multiple pegmatites as rubidium hunt heats up |
Everest Metals has hit multiple pegmatites during its completed phase one drilling program as it hunts for rubidium to deliver a maiden resource at its Mt Edon critical minerals project in WA’s Mid West region.
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Alma lines up ducks to kick off new Queensland copper quest |
Alma Metals plans to soon begin a core-drilling program to both upgrade and expand the copper-molybdenum resource at its flagship Briggs project that sits about 60km from the deep-water port of Gladstone. |
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Multi-mineral targets on Buxton radar in West Arunta |
Buxton Resources is dialling in on geophysical anomalies it believes may be iron oxide-copper-gold ore deposits as it prepares for fieldwork at its 100 per cent-owned Centurion play in WA’s West Arunta region. |
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Si6 to explore new nickel-copper-silver ground in Botswana |
Si6 Metals has increased its tenement area in the Limpopo Mobile Belt in Botswana by 45 per cent to a total of 2868 square kilometres after being granted a new 903sq-km prospecting licence. |
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