This week's Bulls N' Bears ASX Runner of the Week is… XPON Technologies Group, after the company snapped up a leading Australian digital marketing outfit to supercharge its revenue growth. Locksley Resources enjoyed a run after lodging drilling permits on its US-based Mojave project in prime critical metals country, high-grade gallium hopeful DY6 Metals continued last week's strong run and Arizona Lithium curiously climbed to new highs on no new news.
Subiaco-based Hawkstone Mining will focus on developing its Big Sandy lithium project in Arizona, having announced plans to demerge its metals assets into a new listed entity.
Our daily board moves wrap includes Kim Robinson, Simon Coxhell, Gerard King, Greg Smith, Oonagh Malone, Joseph van den Elsen, John Lynch, Gary Comb, Richard Monti, Cliff Lawrenson, Mark Pensabene, Brett Tucker, Ian Pamensky, and Rachel Kerr.
Alicanto Minerals has exercised its option to acquire Zaffer Australian which owns the Oxberg and Naverberg Volcanogenic Massive Sulphide Projects within the highly endowed Cu-Au-Zn-Pb-Ag Bergslage
Hawkstone Mining has increased the Exploration Target for its Big Sandy lithium clay project in Arizona state USA, by 23% through new geological mapping and surface sampling in the Northern Mineralised Zone. The updated total Exploration Target for Big Sandy now sits at between 271.1 million and 483.1 million tonnes grading from 1,000 ppm lithium to approximately 2,000 ppm lithium.
Hawkstone Mining has produced a maiden mineral resource estimate for its Big Sandy lithium clay project located in Arizona State, USA, totalling 32.5 million tonnes grading 1,850 ppm lithium, for 320,800 tonnes of lithium carbonate equivalent. Lithium Carbonate is currently selling for around AUD$15,500 per tonne. Hawkstone's resources cover just 4% of the project area and the company said there is still excellent potential to expand these with drilling.
Hawkstone Mining has expanded the Exploration Target for its Big Sandy lithium clay project in Arizona state, US, by 15%, with new mapping and sampling in the Southern Mineralised Zone demonstrating similar geology to ore zones recently drilled further north. The updated Exploration Target now stands at between 280.1 million and 492.6 million tonnes grading from 1,000 ppm lithium to just over 2,000 ppm lithium.
Hawkstone Mining will generate a maiden resource estimate for its Big Sandy lithium clay project in the US later this quarter, as it winds up the comprehensive resource definition drilling campaign over the Northern Mineralised Zone at the large deposit. The latest drilling results have extended the ore system over a strike length of 850m, with mineralisation still open to the north, south and west.
Hawkstone Mining has received additional wide, high-grade lithium assays of up to 52m @ 2,042 ppm lithium, from its Big Sandy clay project in the US. The company is finalising its Phase 2 drilling campaign at the Northern Mineralised Zone and is completing a maiden mineral resource estimate for the deposit and definitive metallurgical test work programs for lithium extraction.
Hawkstone Mining has received more high-grade lithium assays showing wide intersections up to 52m @ 1,953 ppm lithium, from its Big Sandy clay project in the US. The company recently accelerated its exploration and development activities at the project, which will assist in the estimation of a maiden JORC mineral resource and the completion of definitive metallurgical test work programs.
Hawkstone Mining has outlined more high-grade lithium assays from the Big Sandy clay project in the US, including 39m @ 2,015 ppm lithium from 23m down-hole. The company is poised to accelerate its exploration and development activities at the project, following a recent oversubscribed placement for $2.4m, which will facilitate the estimation of a mineral resource and the completion of definitive metallurgical test work programs.
Hawkstone Mining has appointed experienced investment banker and corporate advisor, Barnaby Egerton-Warburton, as its Non-Executive Chairman to oversee financing of the emerging Big Sandy lithium clay project in Arizona, US. He previously held executive roles in the resources sector and was most recently a Director of ioneer Limited who is developing the Rhyolite Ridge lithium-boron resource nearby in Nevada state.
Hawkstone Mining has generated more wide, high-grade mineralisation in separate ore horizons from diamond drilling at the Northern Mineralised Zone of its Big Sandy lithium clay project in Arizona, US. New results include 47m @ 2,130 ppm lithium from 12m down-hole and the drilling campaign has now defined continuous, thick mineralised zones over more than 600m of strike at the emerging project.
Hawkstone Mining has generated more wide, high-grade mineralisation in separate ore horizons from diamond drilling at the Northern Mineralised Zone of its Big Sandy lithium clay project in Arizona, US. Better results included 26m @ 2,205 ppm lithium from 15m down-hole and 21m @ 2,203 ppm lithium from 10m down-hole from the Upper Zone, within two separate vertical drill holes.
Hawkstone Mining has appointed the former Chief Technical Officer to Lithium Americas Corp, Dr David Deak, as its technical advisor to oversee development of the Big Sandy lithium clay project in Arizona, US. Dr Deak previously led the team that delivered the PFS for the Thacker Pass lithium clay project in Nevada, which will generate 3.135 million tonnes of lithium carbonate equivalent over a 46-year mine life.
Hawkstone Mining has generated further wide, high-grade mineralisation in two separate ore horizons from drilling at the Northern Mineralised Zone of its Big Sandy lithium clay project in Arizona, US. Better results included 17m @ 2,152 ppm lithium from 12m down-hole in the Upper Zone and 36m @ 1,892 ppm lithium from 31m down-hole in the Lower Zone, within the same vertical drill hole.
Hawkstone Mining has generated wide, high-grade mineralisation in two separate ore horizons from drilling at the Northern Mineralised Zone of its Big Sandy lithium clay project in Arizona, US. Better results include 23.3m @ 2,154 ppm lithium from 6.7m down-hole in the Upper Zone and 35m @ 2,078 ppm lithium from 31m down-hole in the Lower Zone, for the same vertical drill hole.
Hawkstone Mining has estimated that its Big Sandy lithium clay project could hold between 242.1 million tonnes and 417.6 million tonnes grading from 1,000 ppm to 2,000 ppm of lithium, in an Exploration Target unveiled this week. The company is completing a follow-up diamond drilling program over the Northern Mineralised Zone at Big Sandy, with the aim of generating a maiden JORC-compliant mineral resource.
Hawkstone Mining has commenced drilling at its Big Sandy lithium clay project in Arizona state, US to follow up last year's encouraging drill intersections and metallurgical test work results from the ore system. Best drill results included 43.8 metres grading 2,089 parts per million lithium from just 8.2m down-hole and the company recovered 95% of the lithium from clays by simple acid leaching techniques over 7 hours.
Aspire Mining is pleased to announce that pre-commitments for the minimum $1.7 million dollar raising condition of the $15m Strategic Funding package have been received.
Baraka Energy & Resources has appointed Jaime Zafra as an independent technical consultant to complete a due diligence review of the Philippines Iron Sands Vanadium-Magnetite Project, its explo
Thred has announced a capital raising by way of a fully-underwritten, non-renounceable pro-rata entitlement offer at an issue price of $0.004 per new share on the basis of one new share for every t
Graphex Mining is pleased to advise that it has received subscriptions to purchase 8,750,000 fully paid ordinary shares at $0.28 cents per share to raise $2.45 million through a placement to profes
Dormant Perth company ZYL entered into voluntary administration today after its creditor Prestige Glory struck a deal with Ascent Capital to buy the collapsed miner's coal assets in South Africa.
ZYL commercial director Phillipe Lalieu and ZYL SA chief operations officer Jan Britz have collectively taken over chief executive duties on an interim basis, following the resignation of Ian Benni
Yuzheng Xie has joined the board of South African coal explorer ZYL as non-executive chairman. Mr Xie is an iron ore trader with a steel material marketing and trading background.
Shares in coal miner ZYL have jumped after it announced an $18 million financing arrangement for its Mbila and Kangwane Central projects in South Africa.
Perth-based coal producer ZYL has announced intentions to prioritise the fast-tracking of development at its newly-acquired Mbila anthracite project ahead of its Kangwane anthracite project.
