ASX News Perth - Toro unveils annual $131.6m EBITDA for WA uranium project
EDITION #382
Perth, Western Australia - Wednesday June 19, 2024
Toro unveils annual $131.6m EBITDA for WA uranium project
Surging uranium prices have prompted Toro Energy to release an updated scoping study into its Lake Maitland project in WA, with data showing an EBITDA of more than $2.3 billion during its 17.5-year mine life.
“Best hits yet”: Jupiter keeps producing for Venture
Venture Minerals’ Jupiter rare earths discovery has produced its best intersection to date – a whopping 58m at 2723ppm total rare earth oxides – at the site 80km south-west of Mount Magnet in WA’s Mid West.
A successful drilling campaign at White Cliff Minerals’ Reedy South gold project in WA has produced extensions along strike and at depth to the already-defined 42,400-ounce mineral resource at the site.
Culpeo pulls up whopper copper equivalent hit in Chile
In this week’s edition of Bulls N’ Bears Big Hits, we examine some of the more curious drill intersections revealed on the ASX, including Culpeo Minerals’ 298m at 0.98 per cent copper equivalent from 90m.
High-grade gold hits to boost Toubani resource in Mali
Toubani Resources has revealed more high-grade gold results from its Kobada project in Mali, with the new shallow oxide intersections set to be fed into the company’s impending mineral resource upgrade.
St George survey lights up potential WA rare earths host
St George Mining has defined a promising 2.1km-diameter high-density circular intrusive at its Destiny project in WA’s Eastern Goldfields via a gravity survey designed to identify potential rare earths targets.
Titan builds resource potential for Ecuadorian gold
Titan Minerals says it now has strong potential for resource extension beyond the known gold-silver areas within its Dynasty gold project in Ecuador after recent mapping and soil geochemical exploration.
Whitebark adds renewable energy expertise to board
Whitebark Energy has added tactical renewable energy nous to its board with the appointment of Professor Rosalind Archer as non-executive director to help turbocharge its geothermal and green hydrogen projects.
Reach to run heritage rule over Wabli rare earths play
Reach Resources has stepped closer to unlocking the exploration potential of its Wabli Creek rare earths project in Western Australia’s Gascoyne region after scheduling a crucial Aboriginal heritage survey.
Gold Mountain plants foot in new Brazilian lithium JV
Gold Mountain will keep a foot planted on the Salitre lithium project in Brazil that is now set to become a joint venture operation it will share with Alderan Resources and Mars Mines in a new earn-in deal.
