Former De Grey Mining chair Simon Lill will lead the board of a gold-focused spin-off from Gina Rinehart-backed Delta Lithium, to be listed as Ballard Mining.
Reach Resources has identified new high-priority targets rich in niobium and rare earths after nailing down a comprehensive mapping and sampling campaign at its Wabli Creek project in Western Australia's Gascoyne region. The company plans to use the results gleaned from its latest work to plan a drilling program that it expects to roll out towards the end of this year.
Tradition and history are strong motivators driving the state's WAFL clubs, which are exploring new revenue streams and shoring up supporter engagement.
Reach Resources has stepped closer to unlocking the exploration potential of its Wabli Creek rare earths project in Western Australia's Gascoyne region after scheduling a crucial Aboriginal heritage survey. The company today confirmed it would be meeting next month with the local Burringurrah Aboriginal Corporation in a bid to gain clearance for its long-awaited maiden drilling program that could launch as soon as next quarter.
A project-wide lithium sweep of St George Mining's Mt Alexander operation near the historic Western Australian town of Menzies has isolated multiple new drill targets for a campaign slated to launch in the second half of this year. The company's soil sampling and lithium pegmatite fertility review also identified geochemical analogues and a relationship between local gold mineralisation and pegmatites.
With the till topped up to the tune of $3.2 million, courtesy of a sweet, new JV deal with budding producer Delta Lithium, Reach Resources has landed boots on ground at its Wabli Creek niobium-rare earths project in Western Australia's Gascoyne region. The company has at least 16 compelling anomalies to ground-truth, with recent soil geochemical surveys indicating niobium, rare earths and lithium mineral systems.
Reach Resources has linked up with emerging developer Delta Lithium, signing an earn-in and JV agreement on its Morrissey Hill and Camel Hill projects in Western Australia's prospective Gascoyne region. Delta will pay Reach a non-refundable $3.2 million and can earn an initial 51 per cent interest by spending $3 million on exploration within the first two years.
Delta Lithium has signed farm-in deals with junior miners Voltaic Strategic Resources and Reach Resources over tenements near its Yinnetharra lithium project.
Chris Ellison-chaired Delta Lithium has provided updates on its Yinnetharra and Mt Ida lithium projects, located in the Gascoyne and Goldfields regions.
Delta Lithium boss James Croser says there's some friendly tension in the lithium aspirant's boardroom, as its major shareholders “keep each other in check”.
Prominent mining executive David Flanagan will become managing director of Arrow Minerals in what will be his first board move since being ousted as chairman of Delta Lithium.
Reach Resources says it has seen multiple thick, stacked pegmatites in reverse-circulation (RC) cuttings within the same rock package that hosts Delta Lithium's Malinda and Jamesons projects to the east and west. The company says it has now completed 57 RC holes for 5282m at its Morrissey Hill lithium project in Western Australia's Gascoyne region, with the majority intersecting pegmatites.
St George Mining has delivered what it says are “groundbreaking” clay-hosted rare earths grading up to a huge 5125ppm TREO in the company's first drilling foray into its Destiny project in Western Australia's Goldfields region. Highlights from the company's maiden 61-hole AC program at Destiny include 30m at 1885ppm TREO and 399ppm magnetic rare earth oxides (MREO) from 20m.
Chris Ellison-chaired Delta Lithium has struck a deal to buy lithium rights in the Gascoyne, while Mineral Resources has contracted Develop Global for work in the Goldfields.
Chris Ellison-led Mineral Resources has continued its acquisitive streak of lithium interests, securing more shares in Develop Global and Delta Lithium.
Reach Resources has sprung back into drilling action at its Morrissey Hill lithium project in Western Australia's emerging Gascoyne region to double down on the area's pegmatite potential following phase-one drill results. Its 9000m RC program will test the extension of multiple thick, stacked lithium-bearing pegmatites at its Bonzer prospect, in addition to six of 50 undrilled pegmatite targets mapped during fieldwork.
Mineral Resources boss Chris Ellison has labelled SQM's takeover of Azure Minerals as “dead in the water” while also shedding light on his lithium acquisition strategy.
Reach Resources has mobilised Strike Drilling to start a 9000m phase-two reverse-circulation drill program at its Morrissey Hill lithium project in Western Australia's Gascoyne region – right next door to the notable Delta Lithium discovery. The campaign is designed to follow up results from previous drilling at the Bonzer prospect where all phase-one drillholes hit pegmatites, with some individual intercepts up to 30m long.
Neometals says it has discovered visible spodumene, the major hard-rock source of lithium, under ultraviolet light in historic diamond core from its Spargos exploration licence, which straddles the prospective Mt Ida fault, north/north-west of Norseman in Western Australia. No modern or older lithium assays are available, but resampling and verification work is underway on selected old core retained by the company.
Javelin Minerals will acquire high-resolution aeromagnetic and radiometric data covering its Mt Ida-Ida Valley tenure near Leonora to help charge its hunt for precious and base metals, lithium and rare earths. It says much of its ground is proximate to the gold-rich Ballard Fault, Delta Lithium's newly-discovered gold and lithium occurrences and the lithium, precious and base metals activities of St George Mining.
Reach Resources believes it edging closer to proving up a fractionated, lithium-bearing pegmatite system at its Bonzer prospect that sits within its 100 per cent-owned Morrissey Hill lithium project in Western Australia's Gascoyne region. Assays from the first 4500m of phase-one drilling suggest the holes hit a halo of lower-grade mineralisation with encouraging geochemistry and the company will now double down on its lithium search.
Bookbuilds and Banter with Boz (aka Shaw and Partner's WA State manager Davide Bosio) draws on his years of capital-raising experience and deal-making in Perth to talk billionaires and battery metals as he laments the ultimate killer of the deal – time.
Global battery industry giant Shanghai Jayson New Energy Materials has become St George Mining's biggest shareholder after grabbing $3 million worth of the West Perth-based lithium explorer's shares. The company says the significant investment will enable it to better explore its portfolio of hard-rock lithium projects in Western Australia, with a priority focus on the flagship Mt Alexander operation.
Ousted Delta Lithium boss David Flanagan has taken a cheeky swipe at mining billionaires Gina Rinehart and Chris Ellison one month after leaving the junior company.
Reach Resources has identified more than 50 new pegmatites during fieldwork at its Morrissey Hill lithium project in WA's emerging Gascoyne region, as drilling, rock-chip and soil sampling continues. It says it has mapped individual pegmatites extending up to 2km along strike and up to 30m in width in the sequence that hosts Delta Lithium's neighbouring Malinda deposit, which boasts mineralisation from surface to 350m.
Our board moves wrap includes Andrew Kent, Chris Ellison, Joshua Thurlow, David Flanagan, James Croser, Michael Spreadborough, Cameron Dowling, Amanda van Dyke, Michael Bourguignon, Loren King, Colin Loosemore, Steven Tombs, and Paul Harvey.
Delta Lithium's executive chairman David Flanagan has been ousted from the explorer's board and replaced by MinRes boss Chris Ellison after amassing a substantial stake.
St George Mining has jumped into a new critical minerals exploration program for lithium, rare earths and copper at its district-scale Woolgangie project within the fertile Coolgardie Mineral Field in Western Australia. The site sits adjacent to operating lithium mines and where historical drilling previously identified rare earths and copper anomalism. It will be the company's first drilling program at Woolgangie.
Reach Resources' maiden reverse-circulation and deep diamond drilling at its Bonzer prospect at Yinnetharra has intersected multiple thick pegmatites in all holes, including some at depth that do not outcrop at surface. The program was run to follow-up extensive soil and rock-chip sampling results that returned significant lithium, caesium and tantalum values. The discovery highlights the potential for significant lithium mineralisation.
A substantial holder notice lodged with the ASX reveals a Mineral Resources' offshoot as the buyer of more than $65 million worth of stock in David Flanagan's Delta Lithium.
Reach Resources' imminent maiden drill campaign at its Bonzer pegmatite field in Western Australia's Gascoyne region now has new intrigue attached after the company unveiled soil samples going as high as 759ppm lithium oxide. Assays came in at an average of 128ppm lithium oxide, suggesting a strong, coherent lithium anomaly extending more than 1.5km along strike and 700m in width and remaining open.
After a successful $4 million capital raise, Reach Resources is set to test its Morrissey Hill lithium project with a maiden drilling program to target areas that returned high-grade lithium from rock chips. Management says its 4500m campaign will be split between reverse-circulation and diamond drilling at its project in Western Australia's emerging Gascoyne region.
Thick pegmatites, including one stretching more than 120m, have boosted St George Mining's lithium search at its Mt Alexander project in WA, as it attempts to define a bigger lithium system. Management says its project confidence is growing after assay results from its recent drilling program at its Jailbreak prospect also confirmed multiple lithium-bearing pegmatites, with a peak value of 1.28 per cent lithium.
