Announcements

TSX-V-listed aspiring Pilbara gold producer, Novo Resources, has unearthed a new gold-bearing conglomerate reef discovery at its developing Beatons Creek gold project adjacent to Nullagine in the East Pilbara following a mapping and surface rock chip sampling program. The Vancouver-based company says the Skyfall prospect is situated about 2km south-west of the existing 900,000-ounce Beatons Creek conglomerate-hosted gold resource.

Barton Gold is planning a rapid return to drilling at Tarcoola in South Australia with recent exploration delivering a bounty of high-grade intercepts begging to be followed up. The company’s ongoing drilling program has begun to delineate the western extensions of the Perseverance orebody, whilst drilling below the open pit has been returning intervals grading at more than an ounce per tonne gold.

ASX-listed Canada-focused gold explorer, Ardiden, has sniffed out encouraging high-grade gold hits from a diamond drill program designed to probe deeper into the Kasagiminnis deposit at its Pickle Lake gold project in north-west Ontario. According to the Perth-based company, drilling results continue to demonstrate extensions to gold mineralisation and gold grades strengthening at depth.

ASX-listed Australian Bauxite has taken a significant step towards the eventual shipping of “metallurgical-grade” bauxite having lodged a mining lease application for its Sunrise bauxite project 115km south-west of the Port of Bundaberg in Queensland. The application covers the proposed $15 million development of Sunrise that incorporates the high-quality gibbsite-rich trihydrate Binjour bauxite deposit.

Wiluna Mining Corporation has posted a bumper resource upgrade with the company’s ongoing drilling campaign having now defined a colossal global resource of more than 8 million ounces of gold. This wealth of mineralisation extends over the entire Wiluna field, from the Matilda deposits in the south through to Galaxy in the north and also hosts a higher-grade core of mineralisation that tips the scales at an impressive 4.24 million ounces, averaging 4.89 g/t gold.

Terrain Minerals has the ball rolling again with a rig on the ground drilling at its Wild-viper project in Western Australia. The company has locked in plans for more than 2,500m of aircore at the gold project, which is designed to follow up on results from its August 2020 drilling program and to test several new zones of mineralisation.

Oakdale Resources has revealed some tantalising results from its maiden drill program in Nevada with the first diamond drill hole at its Lambarson Canyon gold project intersecting primary epithermal gold mineralisation below 243.54m down-hole.

Barton Gold has upped the ante in South Australia as it charges towards a listing on the ASX, this week appointing both brokers and advisors to oversee its Initial Public Offering. The company is also moving its gold focused exploration program across the Gawler Craton into high gear, working across its three project areas in SA and expanding its resource inventory as it tightens up development plans for 2021.

King River Resources is vectoring in on high-grade gold prospects in the Northern Territory after uncovering buried ironstone host bodies in two drill holes on its ground. The holding, east of Tennant Creek, has produced anomalous assay results pointing to iron oxide-copper-gold indicators. The discoveries are coincident with gravity and magnetic anomalies which typically signal copper-gold-rich mineralisation in the region.

Great Southern Mining is eyeing an RC drilling program next year over newly-applied-for tenements near Laverton in WA immediately adjacent to its Cox’s Find gold project. It says the 47.5sqkm tenement package covers more than 12km of “highly prospective” identifiable mineralised trends hosting both the Garden Well and Rosemont gold deposits currently owned and operated by gold producer Regis Resources.

Estrella Resources looks to have hit paydirt at the T5 nickel discovery near Carr Boyd Rocks in WA posting an assay intercept of 2.5m at an eye-catching 3.66 per cent nickel. This strike confirms the presence of high-grade nickel at the prospect and clears the way for an extended program across the emerging discovery north of Kalgoorlie.

Barton Gold has locked away a permit-wide heritage agreement allowing the company to chase after gold in its ‘game-changing’ channel prospect, covering a 3.5-kilometre strike length of the Tarcoola Ranges in SA. The mega-rich Gawler Craton mineral field contains numerous geological, geophysical and geochemical targets with multiple historical, high-grade gold workings including Barton’s own Perseverance open pit.

Neometals has successfully demonstrated its proprietary vanadium recovery flowsheet in a continuous mini-pilot test program, yielding exceptional product purity better than 99.5 per cent vanadium oxide and vanadium recoveries of more than 75 per cent. The company said its ‘leach residence’ times were 50 per cent below its scoping study design parameters, providing a positive future impact on capital costs.

Budding gold producer, ASX-listed Horizon Minerals, reported further high-grade gold hits at the Crake and Coote projects within its 100 per cent-owned Binduli project, located west of Kalgoorlie. The strikes included a shallow high-grade hit at Crake of 3m at 14.85 g/t gold from only 9m below surface, within a thick 12m interval going 6.68 g/t gold from just 6m.

ASX-listed Blue Star Helium continues to build out its strategic land bank in the USA that surrounds the historic Model Dome helium gas field which once produced helium at good rates with awesome yields. Blue Star has increased its net acreage holding to 120,000 acres, recently adding 12,557 net acres, mostly within its highly ranked Galileo prospect, due west of Model Dome.

Calidus Resources has stepped up its exploration program in the Pilbara, completing first pass drilling over the Otways copper prospect near Nullagine in WA. Reconnaissance drilling has confirmed the results of previous work, delineating wide intercepts of near-surface copper mineralisation including an impressive 40m at 0.70 per cent copper, hosting 10m at 1.64 per cent copper, from surface.

Primobius GnbH, a joint venture company owned by ASX-listed urban metals player Neometals and its 50 per cent partner, German industrial giant, SMS Group GmbH, has signed an MoU with European battery producer InoBat j.s.a. The intended JV plans to investigate the business case for sustainable recycling of lithium-ion batteries, InoBat production scrap and other, third-party feedstock in Central/Eastern Europe.

ASX-listed gold and base metals explorer, White Cliff Minerals, has completed an extensive geochemical soil sampling program at its Midas copper-gold project in the coveted Paterson Province of WA. Just over 500 samples were gathered across five of seven priority target areas previously identified by the Perth-based junior, with pending assay results expected to help form the basis of a maiden drilling program at the project.

ASX-listed medical technology company, Proteomics International Laboratories’ coffers have been further boosted by a $1.1 million research and development tax rebate following a recent successful capital raise of $6 million. The Perth-based company, known for its predictive diagnostic tests, now has approximately $8.5 million in cash reserves including the funds from the share placement and the rebate of $1.13 million from the Australian Taxation Office.

Victory Mines has completed the purchase of the Coogee gold project with the company expediting the terms of its farm-in agreement through a share purchase agreement. The company will issue the current holders of the project, Ramelius Resources, $1 million in shares to deliver full ownership to Victory Mines.

A potentially lucrative base metals joint venture project between Classic Minerals and Independence Group in the revered Fraser Range nickel province of WA has been quietly bubbling away at the same time as the ASX-listed junior explorer looks to develop its flagship Kat Gap gold project about 170km south of Southern Cross.

Gawler Craton stalwart and former managing director of neighbour, Marmota Limited, David Williams, has bolstered the Board of Indiana Resources. Williams joins as a non-executive director, just a month after Indiana locked away a deal for around 2,700 square kilometres of fresh gold ground in South Australia from private player, Patron Resources, also led by Williams.

Northern Minerals has launched a major drilling campaign at its Browns Range heavy rare earths project in WA’s East Kimberley region, with 8,000m of the 16,500m RC program planned for the financial year set to be completed before Christmas. It has also recently started building a $5.9 million ore sorter at the front end of the project’s pilot plant that is flagged as a low-cost method of potentially doubling the ore feed grade.

Middle Island Resources’ 50,000m-plus drilling campaign this year has reaped a mind-boggling array of high-grade gold hits from its historic Sandstone gold project in the East Murchison mineral field in WA. The positive results from its drilling blitz aimed at upgrading existing deposits, infilling and extending five new satellite open-pit deposits saw the Sandstone gold resource climb to the latest total of 732,100 ounces.

Novo Resources has completed a battery of test work on the bulk samples from its Karratha gold project, successfully recovering fine nuggety gold from the conglomerate ores found at both the Purdy’s Reward and Comet Well deposits. The recovery of this size fraction, via mechanical sorting, significantly enhances the potential economics of the operation and validates the process flow sheet being designed for the developing operation.

Adriatic Metals has been buoyed by early diamond drill hits from a 10,000m confirmation drilling program at its historic Kizevak silver-lead-zinc deposit, part of the recently acquired Raska project in Serbia. The new asset in the company’s project portfolio, courtesy of an all-scrip acquisition of fellow Balkans precious and base metals play, Tethyan Resource Corp, is located approximately 200km from its advancing flagship Vares silver-lead-zinc project in neighbouring Bosnia and Herzegovina.

ASX-listed Lithium Australia’s 90 per cent-owned subsidiary, Envirostream Australia, has been allocated just over $200,000 in grant funding from the Victorian State Government for the further development of its “electrolyte management in rechargeable battery recycling” project. The battery recycling company’s electrolyte management process safely captures electrolyte components in liquid form from the recycling of spent lithium-ion batteries.

Deep Yellow has completed drilling over its Tumas 3 uranium deposit in Namibia, ticking off yet another box as it charges toward the completion of its pre-feasibility study in south-west Africa. The company has completed 53 drill holes over the target which exceeding expectations returning results of up to 515 eppm uranium oxide.

ASX-listed explorer, Oakdale Resources, has received regulatory approvals for a maiden aircore drilling program at its Gibraltar halloysite-kaolin project on SA’s Eyre Peninsula. The company says a drilling contractor has been locked in and the drill rig and geological crew are expected to be on site early next month.

White Cliff Minerals has wasted no time in releasing a maiden inferred and indicated gold resource at its historic Reedy South gold project 40km north of Cue in WA’s resurgent Murchison goldfields. The company, which only completed the acquisition of the project three weeks ago, has already come out with a resource of 779,000 tonnes going 1.7 grams per tonne for 42,400 ounces of contained gold.

Blackstone Minerals has moved quickly to put a mine-to-market management group in place to develop its Ta Khoa nickel-copper-PGE project in Vietnam. The appointments come just a fortnight after the company tabled a scoping study with a tantalising set of numbers including a A$1 billion present-day valuation and net pre-tax cash flows in excess of US$1.2 billion over the projected 8.5-year life of mine.

ASX-listed 3D metal printing developer, Aurora Labs, is exploring software innovation with US computing giant HP Inc., investigating the potential compatibility of HP software to generate 3D print files with Aurora’s printers. HP said its new Universal Build Manager leverages its software to enable simplified and automated build preparation across multiple additive manufacturing technologies at super-charged speeds.