Announcements

Podium Minerals has unveiled a substantial increase in the inferred mineral resource estimate for its flagship Parks Reef multi-metals project in WA following a recently completed reverse circulation drilling campaign. The revised resource for Parks Reef’s platinum group metals horizon now stands at 40.2 million tonnes weighing in at 1.54 grams per tonne 3E PGM for 1.98 million ounces of contained platinum, palladium and gold.

Mineral exploration company, Twenty Seven Co has launched a geochemical sampling program to follow up on recently identified high-grade lithium occurrences at its 100 per cent owned Trident project near Broken Hill in New South Wales. A review of historical geochemical and sample data recently returned multiple lithium pegmatite showings at the project, including a cracking 7.63 per cent lithium oxide sample.

A maiden diamond drilling campaign by junior gold explorer, Native Mineral Resources has intercepted a new quartz vein below a gold rich outcropping vein at its 100 per cent owned Music Well project, north of Leonora in WA. Recent sampling of the outcropping vein returned an average 3.16 g/t gold from 128 samples, with one sample delivering an eye-catching 147 g/t gold.

Hot Chili has wrapped up a deal to acquire 100 per cent interest in the company’s world-class Cortadera copper-gold discovery in Chile. Hot Chili and the original project owner, SCM Carola, have now consummated to transfer 100 per cent ownership in the project to Hot Chili after the final instalment of US$15 million was paid by Hot Chili to SCM.

Sihayo Gold has produced encouraging metallurgical test work results that point to a potential increase in the all-important gold recovery rates at its developing namesake Sihayo “starter” gold project in North Sumatra in Indonesia. The company says average recoveries in its latest test work show an improvement of up to 25 per cent via the use of caustic pre-leaching on various refractory ore types from the project.

Okapi Resources has pressed ahead with its acquisition of the Enmore gold project about 30km south-east of Armidale in the New England fold belt in NSW after satisfying minimum expenditure and drilling requirements under the terms of the original purchase agreement. The company has elected to make the first milestone payment of $300,000 to the Enmore vendor through the issue of Okapi shares, subject to shareholder approval.

ASX-listed junior explorer Impact Minerals has unveiled a number of high priority targets following recently completed soil geochemical sampling work at its Arkun multi-metals project in Western Australia. The Perth-based company says it now has almost a dozen priority targets for nickel-copper-PGM mineralisation to follow up on and the same number of targets that are potentially prospective for lithium-caesium-tantalum pegmatites.

WA-focused exploration company, Aldoro Resources has delivered a thick 35.95m interval of disseminated magmatic sulphides, including 2.95m of massive to semi-massive sulphides at its flagship Narndee nickel, copper and PGE project. The new hit marks the seventh hole of seven to have intercepted sulphides at the VC1 prospect, with assays from the first two holes returning grades up to 1.05 per cent nickel and 2 per cent copper.

Manufacturer and distributor of well-known consumer goods, Pental Limited has pocketed nearly $4.5 million, more than double the amount intended, from a heavily oversubscribed share purchase plan related to its acquisition of e-commerce business, Hampers With Bite. The acquisition could transform Pental’s sales networks for many of its iconic brands that include Huggie, White King, Jiffy and Velvet to name just a few.

Aldoro Resources has completed a site visit to its newly acquired Niobe project area in WA and has defined the extent of the anticipated rubidium footprint over several pegmatite prospects. Rock chip samples collected were analysed with a portable XRF gun which confirmed elevated rubidium values associated with zinnwaldite mica. Sixty-six planned drill holes have been pegged for a reverse circulation drill programme scheduled to kick off in October pending access clearances.

ASX-listed Si6 Metals is neck deep in a ground geophysical survey at its Dibete, Airstrip and Maibele North prospects in eastern Botswana. Previous similar surveys have successfully mapped and extended existing nickel-copper sulphide mineralisation at Maibele North which boasts a 2.38 million tonne resource grading 0.72 per cent nickel and 0.21 per cent copper. Si6 is preparing a drill campaign to test the new targets.

Specialist test work on natural flake graphite sourced from Comet Resources’ 100 per cent owned Springdale graphite project in the south of Western Australia has demonstrated its suitability to produce a precursor material for use in the manufacture of lithium-ion battery anodes. Comet says the results enhance the prospects for future development of the project.

ASX-listed K2fly Ltd has clinched a five-year contract with leading platinum, palladium and gold producer Sibanye-Stillwater, who has signed on for the implementation of the resources software-as-a-service provider’s Decipher mining tailings management solution. K2fly says the South African-headquartered Sibanye-Stillwater intends rolling out K2fly’s software at all of the miner’s more than three dozen tailing storage facilities it operates in southern Africa and the United States.

ASX-listed junior gold explorer Torian Resources says it has encountered gold mineralisation at high priority prospects at its flagship Mt Stirling project about 40 kilometres north-west of Leonora in WA following a round of auger vacuum drilling. The company has also dipped its toes into the cryptocurrency space via an equity swap arrangement with blockchain outfit BullionFX.

Legend Mining continues to reap the rewards of its highly targeted exploration efforts at its Rockford Project in WA’s emerging Fraser Range base metal province. A maiden diamond drilling program at the Octagonal prospect has hit a broad zone of blebby and semi-massive nickel-copper sulphides. Drilling has also confirmed the presence of a large layered mafic-ultramafic intrusion that looks to be analogous to the nearby Nova-Bollinger and Silver Knight deposits.

Manganese producer, Element 25 has scored an eight-year “innovation patent” for its cutting-edge extraction technology used to separate manganese from concentrate produced at its 100 per cent owned Butcherbird mining and beneficiation operation north of Meekatharra in WA. The company is looking to manufacture a high-purity manganese sulphate monohydrate product for use in the thriving lithium-ion battery industry.

Infinity Lithium has ticked off a key milestone with metallurgical testwork producing the first battery-grade lithium hydroxide from its 75 per cent owned San Jose lithium project in Spain. The company’s technical advisory committee has undertaken a parallel review of all technically feasible alternative extractive technologies identifying multiple new processes which could provide opportunities for significant improvements in all parameters of the process flow sheet.

ASX-listed Lithium Australia is seeking to carve out a niche position as one of the only providers of nickel-free and cobalt-free cathode materials outside of China. The company says the reliance on China for the materials is of “great concern” and Lithium Australia’s wholly owned subsidiary is well positioned to establish a strategic stake in the lithium-ion battery market.

ASX-listed resources software provider K2fly Ltd has bedded down a five-year extension to its existing contract with the world’s largest gold company, Newmont Corporation in relation to its resource governance software-as-a-service solution. Perth-based K2fly says the extension deal, which takes the Newmont contract period out to March 2028, has a total contract value of A$1.3 million.

ASX-listed Hot Chilli has unearthed two large geochemical targets, Productora Central and Santiago, considered to be potential “game changers” at its Costa Fuego copper-gold development hub in Chile. Employing the latest advanced 3D geochemistry technology, Hot Chili says both targets come in at over 1km in diameter and look to be larger than the main Cuerpo 3 porphyry at the company’s massive Cortadera copper-gold discovery.

Mineral exploration company, Superior Resources has unleashed the drill rig at its Bottletree copper prospect in northern Queensland to test the core of a large geophysical anomaly where previous drilling on its northern margins hit an eye-catching 292m interval going 0.22 per cent copper. The company says recent 3D geophysical modelling confirms potential for the discovery of a major copper deposit.

Vietnam-focused nickel company, Blackstone Minerals is off to a flyer in a recently launched infill drilling campaign at its King Snake prospect, located at its Ta Khao nickel-copper and PGE project. The new drill campaign has already hit 8.5 metres of sulphides including massive sulphide veins. Assays from previous drilling at the prospect have also delivered multiple nickel, copper, cobalt and PGE hits.

Junior explorer Strickland Metals says its recently acquired 346,000-ounce Millrose gold project on the north-eastern flank of the prolific gold-bearing Yandal-Millrose greenstone belt in WA provides an outstanding drill-ready opportunity to potentially grow its gold resource base in pursuit of possible early production in the region. The Perth-based company snapped up the project for $10 million from previous owners Millrose Gold Mines and Golden Eagle Mining.

Godolphin Resources says it has encountered sulphides in all RC holes drilled into the Quarry lode prospect at its high-priority Lewis Ponds mixed metals project 15km east of Orange in the Lachlan Fold Belt of NSW. The aim of the quartet of RC holes vectoring in on the upper levels of Quarry lode was to extend the lode mineralisation near surface and to the north of the current Lewis Ponds mineral resource.

Junior exploration company, Twenty Seven Co has uncovered numerous high-grade lithium and tin showings in the northern part of its 100 per cent owned Trident project near Broken Hill in New South Wales. A review of historical geochemical and sample data has returned lithium occurrences going as high as a dazzling 7.63 per cent lithium oxide.

Resource drilling by specialty metals company, Technology Metals Australia has identified a thickening of its Yarrabubba magnetite iron and vanadium deposit south of Meekatharra in WA. Drilling in the south-east of the existing 27.7Mt resource going 38.7 per cent iron and 0.9 per cent vanadium pentoxide has returned broad high-grade zones including 24m at 50.2 per cent iron and 1.13 per cent vanadium pentoxide.

Galan Lithium has partnered with leading sustainable supply chain traceability provider, London-headquartered international group Circulor Ltd as the ASX-listed lithium development hopeful seeks to become a preferred source of lithium carbonate supply to global markets. It says the collaborative partnership with Circulor will look to establish full lithium traceability and carbon dioxide and environmental, social and governance tracking for its lithium brine assets in Argentina’s “lithium triangle”.

Junior exploration company, Zuleika Gold has potentially unveiled a broad gold system at its Breakaway Dam prospect near Kalgoorlie in WA with 21 air-core drill holes intersecting gold including a peak 4m at 4.3 g/t gold. A second potential new gold zone may also have been intersected at its Credo Well gold project some 25km to the west.

WA-focused explorer, Kairos Minerals has returned the best high-grade gold hit in the history of its Mt York project in the Pilbara after striking a cracking 32m at 3.79 g/t gold. Described by the company as an exceptional intercept, it comes as part of an ongoing 20,000m drilling campaign seeking to add more gold to the 873,500-ounce resource base at the project.

Horizon Minerals has tabled an updated mineral resource estimate for one of the key satellite gold deposits that underpins its proposed flagship Boorara gold production hub about 15km east of Kalgoorlie. The revised resource for the company’s Jacques Find-Peyes Farm deposit, located at the Teal project area 10km north-west of Kalgoorlie, weighs in at 1.74 million tonnes grading 2.32 g/t for 130,000 ounces of contained gold.

Innovative project developer, Neometals and its partner, SMS Group, have moved a step closer to testing their lithium-ion battery recycling technology after successfully managing to integrate the first two stages of its showcase recycling demonstration plant in Germany. The duo, via their 50-50 Primobius joint venture, is looking to recover valuable materials such as lithium, nickel and cobalt from end-of-life batteries.

Perth-based junior explorer Aruma Resources is set to get boots on the ground after receiving the green light to kick off drilling at its Salmon Gums gold project in WAs prolific Norseman goldfields. The company plans to undertake a maiden 3,000m RC program at the project, located 30km south and along strike from the recent Scotia gold discovery.