Steve Butler

Askari Metals has tabled a maiden resource of 1.32 million tonnes running at 1.52 grams per tonne gold at its flagship Burracoppin project in Western Australia’s Wheatbelt region, some 20km to the east of Merredin. The defined resource includes mineralised zones across multiple deposits and Askari notes that there is potential for significant resource expansion between the lodes, with additional possible down-dip extension.

Aurumin is primed and ready to get back to the drill rig at its Sandstone gold project in Western Australia’s Mid West region after closing out on the final $1.07 million owing on a convertible note. The company says it will immediately exploit its financial freedom with a firm commitment to getting its Sandstone project back to “pouring gold bars”.

Lithium Universe has initiated key metallurgical testwork on different spodumene types from all around the globe, with a view to creating a robust stream of feedstock for its proposed lithium refinery project in Quebec. The battery-grade lithium carbonate refinery has been designed to mirror the Jiangsu Lithium Carbonate Plant and will be able to process spodumene from any part of the world.

In an exclusive interview with Bulls N’ Bears, international stock-trading entrepreneur Jim Mellon has opened up on a remarkable business life that now includes a major shareholding in Australia’s Dart Mining. From the university halls at Oxford to buying $2 million worth of share vouchers on the streets of Russia in just one day, Mellon has an extraordinary tale to tell.

ASX-listed junior GreenTech Metals is leaps and bounds into a project-scale field program targeting historic lithium and recently-identified soil geochemical anomalies in Western Australia. The company today revealed it had identified nine broad lithium soil anomalous zones across its West Pilbara licence package, which covers a total area of 32 square kilometres and has more than 60sq km that are still to be mapped.

Aruma Resources has completed the latest phase of drilling at its wholly-owned Salmon Gums gold project in Western Australia’s Eastern Goldfields region, with an initial assessment of drill core showing mineralised quartz veins at the company’s high-grade Thistle prospect. Assays from seven competed drilllholes have been sent for laboratory assessment and management is now eagerly awaiting the results.

Radiopharm Theranostics has negotiated an expanded agreement with TerThera for the supply of the terbium-161 isotope to continue its fight against prostate cancer. The crucial isotope will be joined with a proprietary monoclonal antibody to form “RAD 402”, a radiotherapeutic being developed to target KLK3, a clinical cancer biomarker. Radiopharm says it could become the first KLK-based theranostic option for patients with advanced prostate cancer.

Lindian Resources has successfully filled its coffers with $35 million in fundraising, enabling it to make the third and final payment of $14.95 million as part of its full acquisition of the Kangankunde rare earths project in Malawi. Cash has come from new and existing institutional and sophisticated investors, who subscribed for more than 106 million fully-paid ordinary shares at 33 cents each.