Bulls N' Bears (Commercial Content)

Quantify Technology will supply its smart home power-points, light switches and other smart devices via distributor, Fokused, for ten new apartments in Cannington within the Velocity development that is being built under the Australian Government’s National Disability Insurance Scheme. Fokused and the design company have chosen to fit several devices to the new apartments that will effectively automate each apartment.

Private equity backed Barton Gold has emerged with WPG Resources’ South Australian assets after WPG fell over in 2018. They include the Challenger underground gold mine and plant, the Tarcoola Project containing the Perseverance open pit and the Tunkillia gold deposit. Barton says the Challenger underground mine, that was so central to WPG’s story, is not a current focus and the real prize is Tarcoola and Tunkillia.

Middle Island Resources continues to return outstanding results with the drill bit as it aggressively pursues a pathway to production at its Sandstone gold project in WA. The company’s extensive drilling program has uncovered three new discoveries in as many weeks and the Perth-based ASX-listed company has now laid out a strategy to fire up the old mothballed Sandstone plant.

ASX-listed mineral sands miner, Image Resources, is not resting on its laurels, having successfully commissioned its Boonanarring mine north of Perth in December 2018. The ASX-listed company has been systematically banking more ore horizons within a 10km radius on the mine with a view to underpinning and turbo-charging its longevity. 15,825 drill metres have now confirmed northerly and southerly extensions.

ASX-listed agricultural investment and management company, Alterra, has placed a major piece of its strategic puzzle into place after the Perth-based company inked a deal with Sydney-based family office investment platform, CapRaise, to source capital for its ongoing agricultural projects from a pool of up to 114 family offices that CapRaise provides investment opportunities for.

With an estimated A$600m a year in annual EBITDA, the economics at AVZ Minerals’ giant Manono lithium project in the DRC don’t need much turbo-charging, but that is exactly what the Perth-based, ASX-listed company is planning to do after it managed to produce separate, very high grade tin and tantalum concentrates in test work using traditional low cost processing equipment.

Middle Island Resources looks to be onto a third new gold discovery in as many weeks at its Sandstone gold project in Western Australia with the new “Old Town Well” deposit igniting interest following a phase one RC drilling program. The company is looking to translate good results from ongoing drilling into further resource expansions that will eventually support the recommissioning of its mothballed Sandstone mill.

ASX-listed tech player, Aurora Labs’ new board has wasted no time in implementing a cost saving program that is set to reduce annual expenditures by a whopping $6M a year. The cuts, which also include a paring back of executive pays and a lower overall head count, will see monthly overheads at the Perth based 3D metal printing specialist cut by 65 per cent.

Australian Potash has identified a large number of gold anomalies from a regional air core drilling program at its Lake Wells joint venture gold project located approximately 130km north-east of Laverton in WA. Drill intercepts of up to 6m at 0.327 grams per tonne gold have included anomalous levels of pathfinder elements often associated with gold mineralisation.

Norwest Energy has A$3M cash in the bank to help it lock in a rig for the highly anticipated Lockyer Deep-1 exploration well that is only 15kms north of Strike Resources’ huge West Erregulla gas discovery. Norwest said it was working with the operator, Mineral Resources to secure a rig contract after locking in site access with the local landowner east of Dongara in WA.

Perth listed oil company, 88 Energy, has made an off-market, all-scrip offer for fellow ASX-listed Alaskan oil chaser, XCD Energy, with a view to expanding its gross lease foot print on Alaska’s oil-rich North Slope by forty per cent. The offer is subject to a formal bidders statement and 90 per cent acceptances from both XCD Energy shareholders and listed option holders.

Calidus Resources is pulling out all stops to get its Warrawoona gold project into production in the Pilbara after it signed a deal to co-fund an airport upgrade at Marble Bar this week in partnership with the Shire of East Pilbara. The upgrade will enable Calidus to seamlessly deliver its workforce in and out of Warrawoona when it gets going.

Ora Banda Mining’s spread of gold deposits across its Davyhurst project, including an impressive 24 separate resources, will soon receive yet another shot in the arm courtesy of a successful drilling program at the rapidly developing Sand King project. Standout numbers at Sand King include 5 metres grading 13.7 grams per tonne gold from 79m, 4.5m at 10.4g/t from 73m and 6.6m grading 6.1g/t from 5.2m.

ASX-listed Coziron Resources has field plans well underway in preparation for a drill campaign to commence on the first phase of diamond holes at its Top Camp prospect in WA’s Pilbara region. Three holes are planned to follow up the company’s maiden discovery at Top Camp that included 8 metres grading 10.2 grams per tonne gold. Coziron will use the data to understand the mineralisation and plan further drilling.

ClearVue Technologies has signed a Letter of Intent with Beijing Jinmao Green Building Technology Co. Ltd, owned by a subsidiary of China’s Sinochem Group Co, Ltd, to market and distribute its smart solar window glass panels in mainland China. The two companies will complete a trial construction project first by deploying ClearVue’s energy generating window panels ahead of negotiating a formal, possibly exclusive, distribution arrangement.

Ramelius Resources’ friendly takeover bid for ASX-listed Spectrum Metals is gathering momentum with Ramelius’ relevant interest in Spectrum now hitting 77.48%. Ramelius has extended its offer to remaining shareholders until the 29th of May whilst at the same time declaring the offer to be fixed and final. Ramelius also said that Spectrum shareholders who choose not to sell may be disadvantaged by a lack of liquidity.

Impact Minerals has added Apsley and Spicers Creek to its inventory of Boda copper-gold porphyry look-alike prospects near Dubbo in NSW. The new targets are contained within Image’s Commonwealth project that lies south of Alkane’s revered Boda and Kaiser porphyry copper-gold discovery in the Lachlan Fold Belt. The company has received assays from its recent reconnaissance rock chip sampling and the results confirm copper-gold mineralisation.

After navigating a plethora of Bosnian statutory approval labyrinths, Adriatic Metals is nearing the end of the maze after receiving a coveted and positive “record of decision”, or “RoD” from the Federal Ministry of Environment and Tourism for its Veovaca Environmental Permit which is one of the key approvals required for an Exploitation Permit to be finally issued. The company said the RoD is final and cannot be challenged, which means that the Exploitation Permit theoretically should be forthcoming soon.

A refining breakthrough by King River Resources’ has converted the aluminium oxide from its Central Vanadium deposit into a high value 99.99% high purity alumina, or “4N HPA” product. The company’s decision to refocus on the aluminium content of the deposit has simplified its processing flowsheet ahead of the completion of its prefeasibility study that is looking to generate early cash flows from the Speewah project in the East Kimberly.

Hammer Metals has doubled the strike length of its North Orelia gold target with the latest drill results identifying significant areas of shallow gold mineralisation. Recent intercepts from air core holes at the Orelia Target 1 include 4m grading 3.88 grams per tonne gold from 24m, 8m at 1.93g/t gold from 36m, which includes 4m at 2.5g/t from 40m and 7m grading 0.9g/t.

Legend Mining is hot on the tail of an emerging nickel-copper-cobalt discovery at its Mawson prospect in the revered Fraser Range in WA, with assay results all-but-confirming the presence of economic metal grades within the visual extravaganza of massive sulphides seen in the company’s first diamond hole of the year. The widest zone came back at 12 metres grading 2.76% nickel, 1.36% copper and 0.14% cobalt from 234 metres down hole.

Great Southern Mining has identified an impressive eight new target areas at its northern Goldfields Cox’s Find project courtesy of a 100 metre by 50 metre grid of shallow RAB holes drilled across most of the company’s ground holding. The drilling has identified multiple gold anomalous zones, some with concentrations exceeding one gram per tonne. A program of 1,150m for 350 holes has given Great Southern a solid base of new targets to drive the next phase of its exploration program.

St George Mining’s new geophysical program has experienced some early success after it identified some exciting conductive features at depth along the Cathedrals Belt that are in positions that look geologically interesting for nickel-copper mineralisation. Amongst the most compelling targets from the new survey is a deep conductive feature lying directly underneath St George’s Investigators prospect where the Perth based ASX-listed company has been enjoying ongoing exploration success.

The WA Government’s little-known website, www.iThink.wa.gov.au, is actively encouraging members of the public and businesses to put forward innovative ideas and services that can support and inform the State’s response to COVID19 isolation. The submission that received the highest number of votes to-date is from the private, but soon to be ASX-listed, healthcare technology company, InteliCare, that has an artificial intelligence-powered, in-home monitoring system to help the sick and elderly.

AVZ Minerals has delivered a dazzling DFS for its Manono lithium-tin project in the Democratic Republic of Congo that dwarfs pretty much every lithium project in WA. A DFS tabled this week on the project shows the project pumping out a stunning AUD$600m a year in EBITDA for at least the next 20 years based on today’s USD conversion. The company is now in advanced discussions with international debt providers.

ASX-Listed Middle Island Resources has defined a shallow new gold deposit at the McIntyre prospect, which is just one of fourteen targets within its wholly owned Sandstone gold project, located in central WA. New, consistent shallow drill intercepts from the current RC drill program include 24m grading 1.66 grams per tonne, 23m at 1.40g/t, 11m at 1.39g/t and 18m going 1.35g/t gold have delivered a second deposit in a week.

ASX-listed gold explorer, Ardiden Limited has secured land access rights to continue exploration for extensions to its 110,000-ounce gold resource at the Kasagiminnis gold project after executing a binding MOU with the Mishkeegogamang First Nation of Ontario group in Canada. The Kasagiminnis resource of 790,000 tonnes at an impressive 4.3 grams per tonne gold covers only 600m of the prospective 5.6km strike length of the project.

After another solid field campaign, Classic Minerals has produced a maiden resource at its Kat Gap project near Southern Cross in WA of almost 93,000 ounces grading nearly three grams per tonne gold. The new resource has now laid a solid foundation for the company to go ahead and apply for a mining lease across the deposit and run some initial numbers around getting into early production.

ASX-listed ‘software-as-a-service’ provider, K2fly, said the annual recurrent revenue stream from its software contracts has now surpassed A$2.0M after it signed on yet more customers for its “RCubed” mineral resource governance software. The company said the total contract value for its multi-year contracts, mostly with global mega-mining clients, now tops A$6M after Belgium-based Sibelco signed on for a 3-year term and Kinross Gold Corporation inked a 5-year deal.

ASX-listed oil explorer, 88 Energy, has interpreted oil in a formation above the primary target zone’s confirmed condensate gas find at its “Charlie-1” oil appraisal well on Alaska’s oil-rich North Slope. Detailed analysis of the wireline logs obtained when the well finished drilling have identified an extra 19.5m of additional oil pay zone in the Seabee Formation where live oil shows were recorded while drilling.

ASX-listed PharmAust Limited will shortly commence laboratory testing of the effects of its anti-cancer drug, Monepantel on the Coronavirus after entering into an agreement with the Walter and Eliza Hall Institute of Medical Research in Melbourne, Victoria. The study will be overseen by the Institute’s award-winning, chronic infections researcher, Professor Marc Pellegrini, with feedback expected as early as May this year.

Novo Resources has unearthed an impressive total of three new broad areas of gold-bearing alluvial gravel swales, or shallow channels, at its flagship Egina conglomerate gold project in the Pilbara. The Paradise area, which is host to two of the newly discovered gold-bearing areas, is about 14 kilometres north-northeast of Novo’s Egina mining lease. Another new discovery, known as Clarke, is just 10 kilometres northwest of Egina.