Bulls N' Bears (Commercial Content)

Minerals explorer Auric Mining has uncovered significant enrichment of rare earth elements along a 7km-long strike at its Chalice West project near Norseman with a swag of assay results indicating the widespread rare earths mineralisation including valuable magnet rare earths critical for high-tech products. Auric says a prominent magnetic feature in the project’s centre is also promising and needs drilling.

DiscovEx Resources has lit up a geophysical target on a freshly granted patch of dirt along strike from Capricorn Metals 2.2-million-ounce Karlawinda gold project in WA’s Pilbara goldfields. Complementing the company’s extensive Sylvania land package near Newman, the company has wasted no time in getting boots-on-ground to complete a ground gravity geophysical survey in its hunt for the precious yellow metal.

With all assay results from its recent air-core drill program at its Chalice West project now back from the laboratory, Auric Mining says widespread gold and nickel mineralisation can be added to its rare earth elements discovery. The latest results include another five holes returning anomalous gold values and anomalous nickel intercepts were also returned in a further five drill holes.

Okapi Resources has engaged BRS Engineering to spearhead a technical study into its Maybell uranium project in Colorado which historically produced 5.3 million pounds of uranium. The company’s recent land grab at the project comes laden with key geological data and technical reports. Okapi has entrusted the US-based consultancy to sift through the valuable data as it looks to unlock the potential of the Maybell uranium project.

Panther Metals has been buoyed by initial testing results of samples from its Coglia nickel-cobalt project in the WA Goldfields that returned final nickel extraction levels of 92.6 per cent. The test work was based on a blended sample obtained from the company’s maiden drilling program. Panther says the high-pressure acid leach testing indicated the potential to further upgrade the nickel grade through beneficiation.

Ultrafine soil sampling results have revealed gold in soil anomalism generating several fresh targets on a recently acquired tenement along a 1.4km zone on the Sandstone Greenstone belt. The site, that sits in Aurumin’s Central Sandstone project and near its Two Mile Hill deposit lies about 520km north-east of Perth where the company says the newly generated targets will help inform planning for the next drill program.

Asra Minerals is putting the finishing touches on its 2023 exploration assault at its multi-commodity Mt Stirling project near Leonora in WA following extensive data compilation and a comprehensive technical review. The company’s vast land holding, in the shadow of Red 5’s King of the Hill gold operations, houses multiple gold resources along with multiple intriguing rare earths and critical metals discoveries at Yttria and Wishbone.

West Perth-based Zuleika Gold is itching to get the drill bit back in the ground after discovering a 3km-long gold-in-soil anomaly at one of the company’s prospects along the prolific Zuleika Shear zone in the WA Goldfields. Zuleika says geochemical results from 1100 soil samples at its Zuleika project are “very encouraging” and hopes to launch a drill campaign in March.

ASX-listed oil producer Triangle Energy has closed the book on a solid December quarter, tabling a host of milestones including its second oil delivery to a refinery in Thailand via an all-new shipping route, farming out two gas prospective permits to Talon Energy and raking in $6.6 million courtesy of oil sales associated with its Cliff Head joint venture partnership with Pilot Energy.

Neometals has forged links with a subsidiary of Australian Vanadium Limited to potentially establish a shared vanadium- titanium processing hub in West Australia’s Mid West region. The non-binding term sheet also allows the affiliate company the option to purchase and treat concentrate derived from Neometals’ massive Barrambie titanium-vanadium project near Sandstone in WA.

Altech Chemicals has finalised the design of a 100MWh battery plant capable of producing 60KWh battery packs that utilise table salt instead of lithium and other metals normally found in a lithium-ion battery after two workshops in Germany. The company says its devices offer safer, longer-term power solutions without the threat of price hikes and supply chain issues that plague the production of critical metal-infused products.

Kairos Minerals has landed a slew of anomalous lithium-in-soil results nestled within an emerging pegmatite province 100km east of Kalgoorlie and in the shadow of Global Lithium’s 32.7Mt Manna lithium deposit. The freshly minted “Crystal Palace” prospect has been etched out from the first batch of specimens from an extensive 6000-sample soil program the company is conducting over its Roe Hills tenure.

Meeka Metals has begun infill drilling at its Circle Valley rare earths project near Esperance as the company looks toward delivering an initial mineral resource for the site in the June quarter of this year. Last year the explorer produced some impressive results from its maiden drill program at the operation with highlights including one assay that went 12m at 2690 parts per million total rare earth oxides from 20m including 4m at a mammoth 6894ppm TREO from 24m.

Battery metal explorer Askari Metals has uncovered a mixed bag of anomalous rare earths whilst hunting for lithium at its Barrow Creek project in NT’s coveted Arunta Block, home to WA1 Resources major rare earths and niobium discovery. Recent rock chip sampling over a prospective lithium-caesium-tantalum pegmatite swarm returned the eye-catching results peaking at 4553 ppm total rare earth oxide.

Okapi Resources is set to become the single largest shareholder of a private Australian company developing and commercialising a bleeding-edge uranium enrichment technology after entering into a binding agreement with Ubaryon. Okapi currently has its foot on a suite of uranium assets in North America and says the investment will help it manufacture a processed form of uranium that is typically imported from Russia.

A roadside geochemical sampling campaign at White Cliff Minerals’ Hines Hill rare earths project about 200km from Perth in WA has lit up a host of priority target areas over its roughly 570 square kilometre ground position. The campaign was headlined by a specimen running a maximum value of 930 parts per million total rare earth oxides and the company is now eyeing 10 key areas for immediate follow-up.

Surefire Resources has confirmed the presence of rare earths and kaolin at its Perenjori iron ore project following positive results from a reconnaissance rock chip campaign near recently discovered pegmatites. The anomalous rare earths mineralisation occurs close to the eastern boundary of the tenement hosting the Perenjori iron deposit prompting the explorer to apply for an additional exploration licence contiguous with the site to the east.

American West Metals will roll in a third drill rig to ramp up exploration at its Storm project in Canada with ground geophysical surveys also set to kick off in March. A combination of diamond and RC drilling is looking to etch out multiple shallow high-grade copper deposits suitable for low-cost open-pit mining, along with expanding the company’s recent discovery of a potentially large sediment-hosted copper system.

Venus Metals has received encouraging assays from ongoing geochemical surveys at its Youanmi lithium project in WA’s Murchison region including highlighting a new target at the company’s Manindi North prospect. The explorer says it received assays of rock chip samples from sub-cropping pegmatites in the area with results of up to 2.11 per cent lithium oxide.

Lindian Resources’ Kangankunde project in Malawi continues to produce incredible assay results from its maiden drill campaign including a 1m hit at an outstanding 9.49 per cent total rare earth oxides from 19m. The explorer says the latest results include the highest grading hole to date at the operation with a mammoth 186m intercept going 2.97 per cent total rare earth oxides from surface.

ABx is looking to make the most of the warmer weather as it kicks off its latest drilling program ahead of schedule. The campaign will aim to expand the mineralised zone at two of its Tasmanian rare earths discoveries. The 120-hole program at the company’s Deep Leads and Rubble Mound rare earths prospects is set down for three months and the first results could start flowing in just a couple of weeks.

Conico’s 50:50 joint venture with Greenstone Resources at the Mt Thirsty project in WA is proving a successful collaboration with the recent Phase 1 drill campaign returning the sixth best cobalt intercept in Australia for 2022 that included previously unreported scandium. Drilling has revealed three discrete mineralised zones; an upper nickel-cobalt-manganese-scandium horizon, a middle platinum group enriched horizon and a lower nickel horizon.

ASX-listed Javelin Minerals has commenced air-core drilling at its Husky project near Fifield in New South Wales where the company is on the hunt for rare earths in addition to precious and battery metals. The explorer has received the necessary approvals to complete up to 23 drill holes at the site that is considered prospective for gold and platinum group elements.

A string of major contract wins with mining heavyweights Rio Tinto, Mineral Resources, Anglo America and ArcelorMittal Mining UK has seen mining software provider K2fly achieve record highs for the December quarter in its core financial metrics. Sales of $2.8 million for the quarter were up 33 per cent from the same period last year and the company also hit historic highs in the all important “annual recurring revenue” metric.

Venus Metals has highlighted a raft of high-priority rare earth targets at its Mangaroon North project in the Gascoyne region of WA following positive results from a recent reconnaissance field sampling program. The explorer collected 299 soil samples and 84 rock chip samples in addition to re-analysing 66 previous soil samples with results showing up to 2136 parts-per-million total rare earth oxides and 232ppm neodymium oxide.

ASX-listed explorer Godolphin Resources has launched detailed ground magnetic survey works at its wholly owned Cyclops, Yeoval East and Goodrich copper-gold prospects near the Yeoval township in central west NSW. The assets have yet to be tested using modern exploration methods and data from the campaigns will flow into a host of upcoming drill campaigns.

Chimeric Therapeutics says all patients in a third cohort of its phase 1A CHM 1101 cell therapy clinical trial have advanced past the 28-day follow-up period without experiencing dose-limiting toxicities. In December the company completed the planned medicating of its third dose cohort as part of its study evaluating the safety of its CHM 1101 cell therapy to treat glioblastoma.

Buru Energy’s wholly owned, natural hydrogen-focussed subsidiary 2H Resources could soon evaluate a roughly 30,000 square kilometre ground position in South Australia after an independent assessment by RISC Advisory deemed the zone prospective for a best estimate resource of 343 million kilograms of hydrogen. The company says the site is geologically on trend with historical natural hydrogen discoveries within Adelaide’s Geosyncline.

Infinity Lithium’s San José lithium project near the city of Cáceres in Spain has been given a boost after a local court ruling confirmed extraction activity and industrial development is allowed in key project areas. The company says the Contentious Administrative Court of Cáceres has ratified the correct granting of an Investigation Permit Ampliación Valdeflórez to Infinity subsidiary Extremadura New Energies.

ASX-listed Aruma Resources has appointed Glenn Grayson as the company’s new Managing Director where he will be responsible for its ongoing exploration strategy effective from today. Grayson replaces Aruma stalwart Peter Schwann who has led the company since it listed in 2010 and will continue to work in a capacity of a Non-Executive Director.

DiscovEx Resources has closed the book on busy December quarter headlined by an intersection of bedrock and paleochannel gold at its Spartan prospect, part of its larger Edjudina project about 250km north-east of Kalgoorlie in WA. The project sits in the southern slice of the Laverton district and is close to several major gold deposits including AngloGold Ashanti’s 10 million ounce plus Sunrise Dam mine.

Kalgoorlie Gold Mining has extended the gold mineralisation of its La Mascotte prospect near Kalgoorlie in the Goldfields region of WA at depth following positive results from its latest RC drilling campaign. The fresh assays from the company’s phase 4 drill program at the site will be used to table a maiden resource estimate that is expected to be released this quarter.