Announcements

Mineral explorer Aurumin’s winning run continues from diamond drilling at its Central Sandstone project 130km west of Leinster in WA as the company aims to extend the mineral resource at the site. The final assay from the program returned a 242.7m intersection going 1.2 grams per tonne gold from 203.1m including an 8.3m at 4.82 g/t gold from 214.2m. The campaign sought to test the northern section of the project’s Two Mile Hill deposit.

Silica sand explorer Allup Silica has applied for two new exploration projects, Blue Vein in WA and Trigger Fish in the NT. The company is also looking to beef up its Dune Buggy project lodging an application to expand its tenement just 15km from the port of Esperance in WA. Since listing in May, Allup’s strategy has been focused on projects, purity and ports.

Classic Minerals’ share price skyrocketed over 290 per cent during intraday trading after news the company had secured a cash injection worth up to $10 million to take its flagship Kat Gap gold project in WA to production. The deal saw over 200 million securities exchange hands, representing nearly all of its shares on offer as punters clamoured to get in on the action.

Battery metal explorer Askari Metals has completed another round of field mapping and sampling at the company’s Barrow Creek lithium project located in the NT’s Arunta pegmatite province. The field program was designed to identify and sample outcropping pegmatites in the previously unexplored south-central portion of the project.

A bone cancer treatment technology licenced by ASX-listed Radiopharm Theranostics has been granted orphan drug designation by the United States Food and Drug Administration. The approval is for a tumour-killing antibody known as DUNP19 that targets LRRC15, a substance produced by aggressive cancer cells in the surrounding micro-environment, but not healthy normal tissue.

Mineral sands producer Image Resources has executed a land access agreement that will allow it to extend mining operations at its wholly-owned Boonanarring project near Perth in WA. The deal enables the miner to access raw material from the operation’s south thereby curtailing a production gap brought on by relocating processing equipment to its Atlas deposit that is next in line to be brought into production.

West Cobar Metals has inked binding agreements to acquire private company Salazar Minerals and its clay-based rare earth elements project located 120km north-east of Esperance in WA. The Salazar project is hailed as one of Australia’s most advanced rare earths assets of the clay variety and boasts an inferred resource of 43.5Mt at 1192ppm total rare earths oxide with low levels of uranium and thorium.

Kairos Minerals is set to begin drilling at its Lucky Stump prospect where spodumene pegmatite samples grading up to 1.9 per cent lithium oxide were discovered near the company’s Mt York project in the Pilbara. The 16-hole RC drilling campaign is planned to cover 2400m and target multiple spodumene pegmatites that form part of a larger swarm at Mt York only 4km south of Pilbara Minerals’ Pilgangoora lithium-tantalum mine.

New assay results from diamond drilling at American West Metals’ Storm project in Canada have confirmed the continuity of shallow, high-grade copper at a highly prospective zone dubbed “2750N”. Headline results include a 57m parcel grading 2.5 per cent copper from 8m embracing a 1m intercept running an eye-catching 21.9 per cent copper from 14m downhole.

Soil samples taken from Si6 Metals’ Maibele East and Mashambe prospects in Botswana have revealed elevated levels of copper, zinc and nickel suggesting the possibility of nickel-sulphide deposits lurking beneath. Identified by X-ray fluorescence analysis, Si6 says the samples show evidence of ultramafic lithology across the Maibele-Mashambe trend whilst exploration at its Gobajango prospect has also revealed highly prospective mineralisation.

As extensional drilling at Strickland Metals’ cornerstone Millrose deposit continues to deliver shallow high-grade gold the company is gearing up for further work at its gold and base metal projects 70km east of Wiluna in WA’s Mid West region. The latest oxide gold drill results coming out of Millrose include 28m at 3.7 grams per tonne gold from 54m containing a high-grade hit of 6m at 12.1 g/t.

Lithium Australia’s wholly owned subsidiary Envirostream has bolstered a partnership with an arm of consumer electronics dynamo LG to recycle over 250 tonnes of lithium-ion batteries. Under the agreement the company will deliver spent cells to the recycler’s facilities in Melbourne where the devices will be stripped, processed and treated before being repurposed into new energy storage solutions.

A first phase of exploration drilling has yielded Horizon Minerals high-grade results from its Pinner prospect at the company’s Cannon gold project 30km south-east of Kalgoorlie in WA’s Goldfields. Notably, new and shallow mineralisation was encountered with intercepts including 1m at 35.39 grams per tonne gold from 36m within a broader 6m hit going 6.94 g/t from 35m.

Diamond drilling at JV partners DiscovEx and Carnaby Resources’ Nil Desperandum prospect near Mt Isa in Queensland has unveiled another patch of copper-gold mineralisation that has extended the zone's prospectivity. The joint venture says the mineralisation remains open at depth and plans are plan place to continue chasing it through additional drilling and downhole electromagnetic surveys.

St George Mining shares shot up nearly 40 per cent at one point during intraday trading on news of significant lithium potential at the company’s Mt Alexander project 95km west of Leonora in WA. Initial field mapping and rock chip sampling at the project has confirmed numerous outcropping pegmatite dykes occurring in swarms that extend over 15km within its ground.

TSX-listed Novo Resources is ramping up its exploration blitz across the company’s highly prospective 11,000 square kilometre Pilbara portfolio with a significant focus on gold prospects at its Purdy’s North project. An RC drilling program is currently underway at the Morto Lago copper-gold target in addition to the Milburn nickel-copper-gold prospect at the company’s project near Karratha in Western Australia.

A tough winter drilling campaign in northern Tasmania has borne fruit for ABx Group with assays more than tripling the lateral extent of the high-grade rare earth elements mineralisation at its Deep Leads deposit. The company has now kicked off its maiden resource estimation. The market liked the news with its shares closing 32 per cent higher at the end of trading.

Coda Minerals has launched a 30-hole, 3000m RC drill campaign at its Cameron River copper-gold project near Mt Isa in Queensland’s north. The company will use the probe to test a suite of promising geochemical and induced polarised targets at the site and plans to have the program completed in about 3 weeks.

Ahead of an inaugural drill campaign Askari Metals has extended its copper mineralised footprint and defined extensive gold mineralisation after sifting through soils at the company’s Horry copper and gold project in WA’s Kimberley region. The recent soil sampling work picked up results of up to 655 parts per billion gold and up to 152 parts per million copper.

The Dusty nickel project in WA’s north-eastern Goldfields continues to deliver for Toro Energy after follow-up drilling at its recently discovered Dimma deposit hit massive and semi-massive nickel sulphides. The company says exploration intersected a zone of intermittent nickel-sulphide mineralisation that extends for more than 20m and includes 2.5m of continuous massive nickel sulphide from 314.7m downhole.

Assays from the central ore zone of Podium Minerals’ Parks Reef platinum group metals project continue to deliver high-grade results as the company assesses its mining potential near Meekatharra in WA. Highlights include a 16m intersection at 2.51 grams per tonne 3E PGM from 76m that recorded 1.69 g/t platinum, 0.80 g/t palladium and 0.01 g/t gold.

Infinity Lithium’s plans to develop its 75 per cent owned San José lithium project in Spain appear to be gaining political support after local and regional government representatives have called for a technical presentation of the proposed underground mine and integrated lithium processing plant. The continued revival of the project follows the regional government’s declaration last week that lithium extraction and processing are of regional and general interest.

Venus Metals Corporation has lit up multiple priority targets using remote sensed data at the company’s Mangaroon rare earths project in one of the country’s fastest emerging rare earths districts. The company’s four tenement package on the edge of WA’s Gascoyne region borders significant rare earth ventures held by ASX-listed Hastings Technology Metals, Dreadnought Resources and Lanthanein Resources.

Diamond drilling at Buru Energy and Sipa Resources' jointly held Barbwire Terrace project south-east of Broome in WA has turned up a smorgasbord of high-grade base metal mineralisation. The joint venture says portable XRF readings on samples from one of the two recently plunged holes delivered grades as high as 19.8 per cent lead plus zinc from 413.5 metres.

ASX-listed 88 Energy is locking onto a new exploitation target at its Icewine East oil project on Alaska’s North Slope after examining a batch of newly acquired seismic data. The company is now gearing up to drill test the “Hickory-1” well next year with planning and permission work underway.

Aurumin’s winning run has continued with impressive results from the third hole of an RC drill campaign at its Central Sandstone gold project in WA including a 352.8m intersection at 1.5 g/t gold from 267.2m. The company says mineralisation continued down the hole with another 145.2m section going 0.5 g/t gold from 620m as the explorer aims to further define its resource at the Two Mile Hill deposit 130km west of Leinster.

WA-focused mineral explorer Tambourah Metals has added two new exploration licences to its Russian Jack lithium project in WA’s Pilbara region. The new zones are already producing results with rock chips going as high as 1420ppm lithium. The new licences have more than doubled Tambourah’s project size to over 500 square kilometres.

ASX-listed Asra Minerals has delivered a solid 23 per cent lift to its precious metal inventory at its flagship Mt Stirling project in Western Australia. The total updated mineral resource estimate at the operation has risen to 152,000 gold ounces from a previously tabled 118,384. The company’s MS Viserion deposit saw its resources swell 34 per cent for 2.55 million tonnes going 1.7 grams per tonne gold for 137,000 ounces.

Mineral explorer EMU has secured the right to earn up to 80 per cent in a trio of exploration permits covering 850 square kilometres in Queensland’s Georgetown mining district under a Heads of Agreement with TSXV-listed Rugby Resources. Whilst gold has been the traditional focus for the region the tenements are also prospective for base and battery metals including lithium, silver, lead, zinc, copper, tin and uranium.

WA-based explorer Surefire Resources has appointed geologist and mineral economist Cain Fogarty as CEO. The company says Fogarty brings to the role a varied skill set accumulated over a career spanning more than two decades in the mining industry across Australia, Asia and Africa, including exploration, resource growth, feasibility studies and executive management.

Toro Energy has initiated a scoping study for a standalone Lake Maitland uranium-vanadium mining and processing operation after identifying a beneficiation step to reduce costs at its Wiluna uranium project. The Lake Maitland uranium deposit is just one of four deposits that form part of Toro’s fully owned Wiluna uranium project in WA’s northern Goldfields region 710km north-east of Perth.

Kalgoorlie Gold Mining will soon test down-dip and high-grade gold extensions at its La Mascotte prospect that sits as part of the company’s larger Bulong Taurus gold project in WA. The upcoming 3 hole, 600m campaign follows a review of legacy drill campaigns that delivered a slew of solid results from modest depths.