EDITION #377
Perth, Western Australia - Sunday June 2, 2024 |
Latin confirms “global-scale” lithium at Brazilian behemoth |
Latin Resources says a new resource upgrade at its already hulking Salinas lithium project in Brazil places it among the global giants as the company takes aim at producing a definitive feasibility study. |
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OD6 doubles huge Splinter Rock rare earths resource |
OD6 Metals has hailed its Splinter Rock rare earths play in WA as one of the world’s “largest and highest-grade projects” after doubling its mineral resource estimate to 682 million tonnes at 1338ppm TREO. |
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Kula eyes more Goldfields gold with Mt Palmer purchase |
Kula Gold has snared a 51 per cent interest in the historic Mt Palmer gold mine in WA’s Goldfields region following a deal with ASX-listed Aurumin that will partly be funded through a $1.21 million placement. |
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Aurumin sets full focus on Sandstone gold prize |
ASX-listed Aurumin will focus its attention on its flagship Sandstone gold project in WA’s Mid West region after completing the last of its strategic divestments near Southern Cross in a deal with Kula Gold. |
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Gold price triggers $4.46 million gross revenue for Auric |
Hot on the heels of a profitable 2023, Auric Mining has generated nearly $4.46 million in gross revenue from its first mining campaign of the year at its Jeffreys Find project in WA’s Goldfields region. |
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DY6 Metals learns from history and looks to repeat it
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This week’s Bulls N’ Bears Runner of the Week goes to … DY6 Metals, which hiked more than 505 per cent after assessing historic assays to join fellow runners Forrestania Resources, Nanoveu and DeSoto Resources. |
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Thunderbird says go on uranium, no to lithium |
Thunderbird Resources has levelled its sole focus on its prospective portfolio of uranium projects in Canada’s world-class Athabasca Basin after turning its back on a pair of lithium projects in Ontario. |
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Westgold tops up with a quarter of a million gold ounces |
Westgold Resources has topped up its coffers with 240,000 ounces of gold by entering a binding agreement with Ora Gold to purchase the ore at the Crown Prince deposit near Meekatharra in WA for $6 million. |
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Palomino prospect runs out more Strickland high-grade gold |
Strickland Metals’ Palomino prospect has produced more strong results, with a top new hit of 10.6m at 7.5g/t gold from 161.4m including 3m going 21.2g/t at the project that sits within WA’s Yandal gold belt. |
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Timorese riverbed throws up manganese cobbles for Estrella |
Estrella Resources’ hunt for manganese in Timor-Leste is heating up, with recent grab samples from riverbeds going as high as 58.4 per cent manganese at the company’s newly-coined Dasidara prospect. |
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ENRG set to renew Agadez uranium permits after Niger visit |
ENRG Elements is soon expecting exploration permit renewals for its Agadez uranium project in Niger after receiving assurances of continued Government support for the mining industry during a recent visit. |
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Western Mines dives deeper to deliver more nickel hits |
Western Mines Group appears to be increasing the size of its Mulga Tank nickel project in WA with every drillhole after delivering an impressive new spot reading of 57.3 per cent nickel at a depth of 1600m. |
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High-grade Pilbara lithium in Liatam, Novo sights |
Liatam Mining has today confirmed it will spend $6 million this year in a new hunt for lithium at the Quartz Hill joint venture project it shares with Novo Resources in Western Australia’s Pilbara region. |
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Si6 hits 3km pegmatite corridor in Brazilian lithium hunt |
Si6 Metals has discovered a 3km-by-800m pegmatite corridor at its Padre Paraiso project in the State of Minas Gerais in Brazil, with assays returning anomalous lithium from auger drilling and rock chip samples. |
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