The company's acquisitions cover 1828 square kilometres, 47.6sqm of which sit within the Erongo Uranium District – one of the world's foremost uranium producing areas.
This week's Bulls N' Bears Runner of the Week is … Strategic Energy Resources. Its share price jumped more than 170 per cent to join fellow movers and shakers Gibb River Diamonds, Sierra Nevada Gold and Charger Metals.
Gibb River Diamonds looks once-step closer to restarting the abandoned Ellendale diamond mine in the Kimberley after being granted three mining leases at the heart of the development.
The cost of fixing up the failed Ellendale diamond mine in the Kimberley has risen to $70 million after the state government awarded a major contract for rehabilitation earthworks.
Coincident copper, lead and zinc soil anomalies have defined a new set of targets for mineral explorer Strickland Metals at the company's Iroquois zinc-lead project in WA's Earaheedy Basin 100km north-west of Wiluna. The new targets lie west of the company's 2021 Iroquois discovery and Malecite prospect and come from a large soil geochemical program of 2510 samples.
Strickland Metals has raised funds to support a resource expansion at its Yandal project in the Goldfields, with drilling scheduled to start in January.
Gibb River Diamonds is set to acquire its first gold asset after securing the option to buy Nexus Minerals' high-grade Edjudina gold project in the Eastern Goldfields.
Plans are in motion to restart mining at the Ellendale diamond mine, with Gibb River Diamonds accepting a state government offer to apply for new tenements at the Kimberley operation.
POZ Minerals, which operates the Blina diamond project in the Kimberley, has announced it will bid in the state government's tender to reopen the neighbouring Ellendale mine.
Emerging Western Australian nickel company St George Mining is pleased to announce it has successfully raised $4.0 million from institutional and sophisticated investors via a placement at an issue
