Announcements

Estrella Resources says it is sizing up Great Boulder Resources’ high-grade gold discovery along trend from and immediately to the south of its Carr Boyd nickel discovery north of Kalgoorlie. Estrella says its field team is weighing up the latent potential of its project area around Carr Boyd for gold after Great Boulder’s stock quadrupled in the last month based on its gold discovery.

PolarX has been quick to get more samples to the lab after previous samples from its Humboldt Range project in Nevada threw up some crazy grades including 3,384 g/t gold and 2,837 g/t silver. The company says it is now eagerly awaiting assays from the new samples which it says are progressing well through the system.

Western Australia gold producer, Wiluna Mining Corporation continues to demonstrate powerful exploration upside at the historic Wiluna gold centre east of Leonora with results of a 2D seismic survey highlighting large prospective structures outside the existing central 4.26-million-ounce resource envelope. Ongoing drilling has meanwhile added to the immediate enticing production picture, with more high-grade hits to be fed into a new 2021 resource update.

More shallow high-grade drill hits continue to highlight the resource extension potential at emerging WA gold developer Bardoc Gold’s 1.7-million-ounce Aphrodite gold deposit north of Kalgoorlie that cornerstones the 3.07m ounce Bardoc project the company is moving towards a 2022 production start. The drilling underlines the latent prospectivity of Bardoc Gold’s large land position in the middle of the prolific Kalgoorlie-Menzies area.

Altech Chemicals continues to power through its pre-feasibility study in Germany that is looking to firm up the economics of building a plant that can make use of Altech’s high purity alumina coating technology. The company has now secured space for a research and development facility adjacent to a 14-hectare site in Saxony where it has extended an option over the site as it completes engineering and marketing studies for the plant.

Indiana Resources has signed a native title mining agreement that paves the way for an expansion of its exploration activities across a major mineralised shear structure at its Central Gawler Craton gold project in SA’s venerated Gawler Craton region. The company will now be able to test a bevy of “high-priority” prospects within its massive project landholdings, one of which has already returned bonanza gold drill intersections.

Impact Minerals has secured a shot at what it sees as a “walk-up drill target” at Doonia in Western Australia’s Eastern Goldfields after being granted tenure over an area covering an impressive 3km-long porphyry target near Lefroy’s promising Burns copper-gold discovery. The company is now planning first-pass exploration at the project and expects to kick off drilling in the second half of 2021.

Surefire Resources has returned another impressive batch of wide, high-grade gold intersections from a follow-up reverse circulation drilling program at its exciting Yidby Road gold discovery in Western Australia. The stand-out drill hit from five holes assayed so far is 44m at 2.77 g/t gold from 149m including 3m at 26.47 g/t from 150m and 5m at 6.27 g/t from 177m.

Things just got interesting for Podium Minerals at its Parks Reef platinum group metals project in WA. Five prior drill holes have been re-assayed for a full suite of PGMs and delivered materially higher grades of rhodium and iridium than previously reported Some assays went as high as 1.35 grams per tonne rhodium and 0.70 g/t iridium. Follow-up drilling is now underway.

Active junior gold and copper explorer Native Mineral Resources will move forward with diamond drilling to test for depth extensions of high-grade surface quartz vein gold at Music Well, north of Leonora, after securing a $68,000 Western Australia government grant. Recent sampling has returned some bonanza grade results including one going over 100 grams per tonne gold.

ASX-listed King River Resources has confirmed previously reported output of high-purity alumina at purity levels greater than 99.99 per cent from its Speewah Dome project in WA’s Kimberley region via recently conducted assay tests. The Perth-based company says the high-purity alumina batches were produced by calcining high-purity precursor materials purified by its refining process from an industrial chemical feed stock material.

Neometals has tabled an impressive pre-feasibility study on the proposed production of high-purity vanadium pentoxide from high-grade vanadium-bearing steel making by-products or slag in Finland. The company says its vanadium recovery project is tipped to generate total free cash flows before tax of $US764 million or almost $A1 billion at an average of about $US72.7 million a year across an estimated plant operating life of 10.5 years.

Development of ASX-listed Calidus Resources’ Warrawoona gold operation in WA has been progressing at “a rapid rate” as it looks to kick off preliminary mining in the middle of this year with an eye on pouring first gold in the first half of next year. The Perth-based company says construction at Warrawoona, which has an estimated CAPEX of $120 million, remains in line with budget and schedule.

Estrella Resources is getting close to joining the dots at its revived Carr Boyd nickel project after it hit 16.35m of disseminated to highly disseminated nickel-copper sulphides 75m below one discovery and 65m above another. The upper discovery previously returned 20.1m at 1 per cent nickel and 0.7 per cent copper and the lower discovery came in at 8.05m @ 0.8 per cent nickel & 0.5 per cent copper – assays are pending.

Aruma Resources continues to kick goals in its endeavours to grow its Australian project portfolio. Two new licences have been awarded at the Melrose project in the Pilbara, growing the prospective stratigraphic trend to 13 kilometres in the gold rich region. Other gold exploration licences at the Scotia South project in WA and the Capital gold project in NSW have also been secured.

Classic Minerals has ticked the last box on the pathway to production at its high-grade Kat Gap project after the Department of Mines, Industry Regulation and Safety granted its mining lease application. Kat Gap threw up some spectacular high-grade results last year which prompted the company to purchase a mobile plant to mine the near-surface gold.

Australian Bauxite has just uncovered the highest level of rare earth elements to date from its DL130 bauxite project in north-east Tasmania. The company says near-surface results returned from its ongoing drilling campaign at DL130 reveal strong enrichment of the super-magnet rare earth element, neodymium. Assays from the stand-out drill hole include 1m grading 145.8ppm neodymium, 34.55ppm dysprosium, 34.52ppm praseodymium and 5.55ppm terbium.

Native Mineral Resources has upped the ante at its Palmerville project in north Queensland. A recently completed sampling program has delivered two new bumper grade copper samples going as high as 19.99 per cent copper at the Glenroy prospect and 7.99 per cent copper at the Fairlight prospect. Extensive follow-up exploration is now planned for the next quarter.

AVZ Minerals hopes to have a key precursor to the planned development of its Manono hard-rock lithium and tin mining and processing operation in the Democratic Republic of the Congo ratified by the end of May. The new DRC Government will shortly consider applying a proposed tax and fiscal incentive arrangement called the “Manono Special Economic Zone” to the project following AVZ’s presentation to a government delegation last month.

Torian Resources is set to dip its toe into the mining contracting business with the gold explorer exercising an option to buy both Carhill Contracting and the massive Tarmoola pastoral station where the business is operated from. The company’s purchase also delivers a ready-made logistical base to fast-track exploration across its flagship Mt Stirling gold project, north of Leonora in WA.

Lithium Australia’s advancing suite of lithium-related projects has prompted the company to beef up its board and senior management. The company has appointed veteran resources industry player and lithium specialist, Phil Thick as a Non-Executive Director and Stuart Tarrant as its Chief Financial Officer. Thick was previously General Manager of the part owner of the largest hard-rock lithium mining operation in the world at Greenbushes in WA.

WA focused nickel explorer St George Mining continues to intercept nickel sulphides beneath the high-grade deposits at the Mt Alexander project in the Goldfields. Step-out drilling from a recent discovery hole has commenced with the company now well-funded for future works via an oversubscribed $7 million capital raise. A maiden drilling campaign at the Paterson project is also due to begin in May.

Novo Resources’ commissioning of its Beatons Creek conglomerate gold mine at Nullagine in WA’s East Pilbara has been gathering a head of steam as the operation ramps up to steady state gold production over the coming months. The company says the Golden Eagle gold processing plant 10km south-east of Beatons Creek has produced a total of 7,375 ounces of gold since the first gold pour on February 16.

Troy Resources has delivered more impressive high-grade gold hits as it looks to grow the ounces beneath its operating Smarts open pit gold mine in Guyana, South America. One recent 3 metre drill intercept graded 17.35 grams per tonne gold from 176 metres and the company managed to grow its gold production for the March by a whopping 75 per cent from 4,195 ounces in the December quarter to 7,333 ounces.

ASX-listed Image Resources has chalked up record quarterly production numbers at its mineral sands mine about 80km north of Perth. The company says it churned out 85,200 tonnes of product for the March quarter at its zircon-rich Boonanarring mineral sands operation. The Perth-based company says the all-in sustaining costs of Boonanarring product sold also came in below the lower end of its guidance range for this year.

InteliCare Holdings has posted a lovely set of numbers as part of its latest financial update. The company recently announced an incredible 911 per cent increase in customer receipts for the March quarter when compared to the previous quarter and a significant 55 per cent hike in revenues for the year to date as its artificially intelligent, in-home monitoring systems for the disabled and elderly start to gain market acceptance.

Wiluna Mining Corporation’s expansion program in WA looks to be on-track, with the new sulphide processing circuit now under construction whilst new mine development and exploration continues apace. The company has completed a frenetic quarter that saw it push the button on the Stage 1 development program, which will likely see Wiluna double its gold production in the year ahead.

ASX-listed mining software-as-a-service provider, K2fly has wasted no time picking up contracts since its acquisition of the Decipher for Mining business from Wesfarmers subsidiary, CSBP earlier this year. Decipher recently secured a three-year, $250,000 contract with Evolution Mining for the implementation of a tailings storage software system at its Lake Cowal open-cut gold mine in NSW.

Kairos Minerals has kicked its exploration efforts into high gear with a drilling blitz across two projects in WA. A 3,000-metre campaign at Roe Hills targeting gold and nickel in the Goldfields has already begun, with a 20,000-metre program looking to grow the gold resources at Mt York in the Pilbara to follow.

Altech Chemicals has joined forces with Germany’s SGL Carbon to explore the production of an alumina coated graphite product for use in the budding lithium-ion battery sector. The company will contribute its high purity alumina, or “HPA” product and proprietary coating technology to the project whilst SGL will deliver ongoing engineering support and treatment systems for the production of HPA powders.

ASX-listed health care company, InteliCare is topping up its coffers to the tune of $2.5 million through a recent placement with the funds set to be put to work to accelerate the roll out of its range of innovative healthcare products across the country. The company has received firm commitments from a slew of investors and will boast an enviable cash balance of more than $4.3 million once its placement is completed.

ASX-listed explorer, Si6 Metals has its field team going full tilt now in Botswana as the company looks to identify deeper sulphide targets. The company is about to deploy a round of Geophysics and a 27 -line AMT Survey to map existing mineralisation with the ultimate goal of eking out some deeper targets to chase with the drill rig.