Bulls N' Bears (Commercial Content)

Godolphin Resources has unveiled a suite of previously overlooked mixed metals and significant gold from a re-interpretation of soil samples pulled from its Lewis Ponds gold project in NSW. The company says its latest venture has led to the identification of more gold with coincident copper, barium, bismuth, molybdenum, tellurium and lead south of its main mineral resource.

Great Southern Mining is ploughing nearly 8,000 metres of aircore drilling into the Amy Clarke gold prospect within its Duketon tenements in Western Australia. Drilling is aimed at seeking out the source of a 4km long gold in soil anomaly that the company says exhibits uncanny similarities in size and tenor to Regis Resources nearby 2.1 million ounce Garden Well gold mine.

Bardoc Gold has nailed down a tranche of high-grade gold hits at depth that sit outside of the current underground resource at its Zoroastrian gold deposit near Kalgoorlie in Western Australia. Significant hits from recent drilling include a 7.22m section grading 3.45 grams per tonne gold from 214.9m downhole with a 0.2m super high-grade parcel grading a bonanza 166g/t gold, or over 5 ounces to the tonne.

Mineral explorer, Estrella Resources continues to hit nickel and copper sulphides at its enthralling T5 discovery located at its Carr Boyd project near Kalgoorlie in WA. A step-out diamond drill hole below the T5 discovery has intercepted three separate zones of nickel and copper sulphides, including a new mineralised zone where a 3m interval grading 1.76 per cent nickel and 0.66 per cent copper was returned.

Metal Hawk has mustered up a flock of high-grade gold strikes from its maiden RC drill campaign at its Kanowna East project just 8 kilometres from Northern Star’s 5 million-ounce plus Kanowna Belle gold mine. Amongst the assay results revealed were a 4m section grading a formidable 17.8 grams per tonne gold from 75m including a 1m parcel going a stellar 42.7g/t gold from 76m downhole.

88 Energy is gearing up to tap its Merlin-2 well at Project Peregrine in Alaska’s North Slope after pinpointing a spot from a trio of initially permitted locations. The Merlin-2 appraisal well is targeting 652 million barrels of oil with an independent geological evaluation giving it a better-than-even chance of success. The project stretches across almost 200,000 acres of land and is proximal to some bumper historic oil finds.

ASX-listed Aldoro Resources has the drill rig at the ready having received encouraging assay results from its recent sampling program over the Niobe East, Niobe Southeast and Breakaway pegmatites in WA. Almost 50 rock chips were collected with assay results confirming rubidium and lithium prospectivity beyond the Niobe main pit. Aldoro says it is now geared up and ready to unleash the drill rig once a heritage survey is completed.

Horizon Minerals is clearing a path towards a potential spin-off of its Richmond-Julia Creek Vanadium oxide project 400km east of Mt Isa in northwest Queensland having signed a process deed with JV partner, unlisted-Richmond Vanadium Technology. Under the terms of the potential deal Horizon’s 25 per cent interest in the Richmond-Julia Creek vanadium project will be demerged into a dedicated vanadium focussed IPO.

ASX-listed Okapi Resources has boots on the ground at its high-grade Rattler uranium project in Utah, USA with the Perth-based company’s first-pass exploration checklist at Rattler to include a detailed review of historical workings, geological mapping and rock chip sampling. Okapi anticipates wrapping up field work by the end of the year ahead of a drill campaign earmarked for early in the new year.

Junior explorer, Torian Resources has commenced a major 17,500m drilling blitz at its Mt Stirling gold project near Leonora in WA. The campaign will test multiple regional gold targets, including recent discoveries, whilst also looking to lift the company’s existing 100,000 ounce plus Mt Stirling inferred resource to the higher confidence indicated category. An updated mineral resource estimate is anticipated to follow early in the new year.

ASX-listed White Cliff Minerals looks set to bludgeon its way into the white-hot critical metals industry after completing the acquisition of two separate projects whilst advancing the pending acquisition of two junior explorers. As a result, the company may soon find itself with 10 additional lithium and REE projects on its books with its landholding poised to balloon by over 4000 square kilometres.

Indonesian-focused explorer, Sihayo Gold is off to a flyer from regional exploration drilling at its Sihorbo South epithermal vein gold and silver prospect on the island of North Sumatra. Results from the first three holes sunk into the prospect have returned bumper grade gold and silver, including a tasty one metre strike going 198 grams per tonne gold from 89m.

ABx Group has struck more success with best yet high grade rare earths intercepted in the first drill results from step-out drilling at its Deep Leads prospect in Northern Tasmania. The company has tabled multiple elevated rare earth hits including 493 parts per million neodymium and 1,878ppm total rare earth oxides over a three-metre mineralised section.

Askari Metals has completed a maiden lithium sampling program across its pegmatite targets at its Red Peak Lithium project approximately 130 kilometres northwest of Meekatharra in WA. 35 samples were collected across four different mapped pegmatites for assay in addition to a petrographic analysis that was undertaken to assist in understanding the zonation and fractionation grade of the pegmatites.

Market punters pushed Buru Energy’s share price up 25 per cent in intraday trading following news that the company’s Rafael 1 exploration well in the Canning Basin is set for production testing. Only last week Buru completed the drilling of Rafael and the company put a spring in its step after early indicators pointed to wet gas rich in LPG and condensate in the hole.

Mineral exploration company, Kairos Minerals has wrapped up a 15,000 metre drilling blitz with a bang at its 873,000 ounce Mt York gold project in the Pilbara region of WA. Latest drilling has unveiled new gold lodes in areas with minimal past drilling that have delivered wide and shallow intercepts including 20m at 1.58 grams per tonne gold from just 28m depth.

Superior Resources has wrangled a stampede of significant gold intercepts from 15 RC drill holes returned from the latest round of assays at its Steam Engine prospect in Queensland. Stellar assay results received include a 21m wide hit grading at 2.2 grams per tonne gold from 160m downhole and an 8m intercept that came in at 2.8g/t gold from 154m downhole.

Novo Resources has launched into a 15,000 metre drill program at its Nullagine gold project where it will focus on the company’s Parnell-Vulture prospect located a meagre 45 kilometres from its Golden Eagle processing plant in the Pilbara. The Parnell-Vulture prospect has an assortment of historical high-grade, near surface drill intercepts including a 9m hit going a commendable 8.4 grams per tonne gold.

Blackstone Minerals has secured a strategic investment in Flying Nickel Mining Corporation’s massive 44Mt Minago nickel sulphide project southwest of Thompson in Manitoba, Canada. Blackstone has pumped C$2.98m into Flying Nickel in return for a 6.85 per cent interest in the company. A Memorandum Of Understanding has also been signed with Flying Nickel to collaborate on upstream and downstream processing and opportunities around offtakes.

Okapi Resources has appointed highly experienced mining executive Andrew Ferrier as the company’s new Managing Director. Ferrier brings with him over 15 years’ experience in corporate finance, management and principal investment roles in the global mining sector. He previously spent over a decade at Pacific Road Capital - a mining and metals-focused private equity investment firm with interests across Australia, Canada and the US.

Venture Minerals’ Tasmanian tin pursuit looks to be heating up with drilling at its Mount Lindsay Tin-Tungsten project intersecting 93 metres of mineralisation in its opening hole of a freshly launched campaign. The intersection included a high-grade zone of 12m grading 1.7 per cent tin equivalent from 107m. The company says its recent work is aimed at completing an updated feasibility study for an underground mine.

Aldoro Resources is powering through a rock chip sampling program targeting high-interest lithium and rubidium pegmatites, following up some exciting previous rock chip samples at its Wyemandoo project approximately 80 kilometres southeast of Mount Magnet in WA. To date, 275 samples have been collected and of the 80 samples already analysed by portable XRF the overwhelming majority have returned highly anomalous rubidium values.

ASX-listed Quantum Graphite has delivered a solid lift to its graphite resources on the Eyre Peninsula in SA. Recent drilling near its hefty 6.3Mt Uley 2 resource grading 11.1 per cent total graphitic content has now defined an additional 0.9Mt going 6.6 per cent TGC at its newly delineated Uley 3 deposit. Mineralisation at Uley 3 remains open along strike and at depth, according to the company.

Venus Metals Corporation together with joint venture partner, Rox Resources, has struck several high-grade gold intersections at Youanmi in WA including a 3.87m hit grading a solid 9.9 grams per tonne gold from 328.33m downhole and a 3.62m hit going 6.49g/t from 315.42m downhole. The new parallel lode remains open in all directions and is on track to increase estimated gold resources at the Youanmi gold project.

ASX-listed Infinity Lithium looks to be systematically progressing its battery production expertise at its San José lithium project in Spain with the company’s freshly incorporated, Infinity GreenTech outfit lodging a provisional patent application for a cutting-edge lithium hydrometallurgical conversion process. The company says its latest venture will focus on commercialising low carbon footprint lithium hard rock processing technologies.

Kalgoorlie Gold Mining commenced trading on the ASX yesterday after raising $7.5 million through its initial public offering. Drilling is already well underway at its flagship Bulong Taurus gold project near Kalgoorlie with a total of six holes completed to date targeting some bonanza historical grades, including a 5m hit grading a whopping 52.1 grams per tonne gold from 15m downhole.

An intriguing listing is set to hit the ASX in December with the company, 8 Au Limited, offering a handful of impressively diverse Western Australia tenements prospective for gold, nickel, lithium and platinum group elements. All of the company’s projects are located in tier one jurisdictions and all have returned either significant drill intersections or anomalous sampling results that would seem to demand follow up work.

Zuleika Gold has consummated a mineral rights acquisition deal with Wingstar Investments that will allow the junior explorer to gain the gold rights of two highly prospective mining leases in the revered Menzies district of Western Australia. The company says the acquisition is consistent with its broader strategic objective of consolidating its landholding at Menzies along the highly prospective greenstone contact and proximal to extensive gold deposits.

Kula Gold continues to plumb the depths of the Crayfish gold target at its 100 per cent owned Marvel Loch project in the prolific Southern Cross goldfields in Western Australia. Diamond drilling has just commenced at the newly discovered prospect, extending recently drilled RC holes aimed at unravelling the geological secrets of gold-bearing rocks and structures.

Junior explorer, Torian Resources has unearthed more high-grade gold from a regional drilling push at its Mt Stirling gold project near Leonora in Western Australia. New intercepts from only two holes drilled at the recently discovered Unexpected prospect include a 4m strike going 4.86 grams per tonne gold from 52m and a 1m hit grading 7.41 g/t gold from 64m.

Wiluna Mining Corporation has posted an impressive 28 per cent increase in its measured and indicated resource to now stand at a healthy 2.73 million ounces grading 4.46 grams per tonne gold at its namesake WA gold operation. The company’s total mineral resource at the project now clocks in at 36 million tonnes grading 3.9g/t gold for 4.51 million ounces of the previous yellow metal.

Following a strategic review of existing pegmatite fields in Western Australia, ASX-listed junior explorer, Askari Metals has swooped on two compelling exploration projects, Red Peak and Mt Deverell, both prospective for lithium-hosted pegmatites to the north of Meekatharra. No less than 11 significant pegmatite fields have already been mapped at Red Peak, with strike lengths of some stretching for more than three kilometres.