Antimony is the latest critical metal to send the hearts of ASX punters aflutter, but with new "must-have" metals constantly emerging, investors may be feeling just a little confused by the ever-changing landscape. Bulls N' Bears takes a look into the rise and rise of the metal also sometimes referred to as stibnite and the companies jumping on the increasingly raucous bandwagon.
Newly merged Westgold Resources and Karora Resources have lauded the timing of their deal to create a consolidated gold miner, after tying a ribbon on their transaction today.
ASX-listed De Grey Mining has been given an option to acquire the Ashburton gold project, located in Western Australia's Pilbara region, from Kalamazoo Resources.
Our weekly appointments wrap includes Luke Mortimer, Luke Reinehr, Paul Hughes, Clinton Booth, Alex Hewlett, Ajanth Saverimutto, Samuel Ekins, Bill Parker, Ashleigh Shelton and Cat Sulicich.
Newly appointed Kalamazoo Resources chief executive officer Luke Mortimer said he was committed to forwarding the company's exploration and project acquisition interests.
Kali Metals has listed on the Australian Securities Exchange and is set to start trading next week after raising $15 million through an initial public offering.
Our board moves wrap includes Michael Anderson, John Hannaford, Scott Patrizi, Carly Terzanidis, Bilyana Smith, Marco da Silva, Kerry Wilson, Roger Lee, Mark Hancock, Didier Murcia, Peter Watson, Alexandra Atkins, Belinda Murray, Jenelle Goddard, and Flavio Garofalo.
DiscovEx Resources can tick heritage surveys off its to-do list ahead of planned drilling at the Contact prospect within its Sylvania project in Western Australia's Pilbara region. Drilling at the 2.5km-long target area is due to begin in August, in addition to geophysics targeting copper-gold and lead-zinc mineralisation at the project's Prairie Downs fault zone.
Multicommodity explorer CZR Resources is ramping up its gold hunt in the Mallina Basin, home to DeGrey's 8.5-million-ounce gold discovery, in Western Australia's Pilbara goldfields. The company has commenced a ground gravity survey at its Croydon project targeting intrusion-related gold mineralisation where previous drilling has unearthed 8m running at 10.2 g/t from 135m.
Newly listed explorer Octava Minerals has shot out of the blocks and commenced a battery metals hunt at its Talga lithium project in the Pilbara region of WA - just weeks after listing on the local bourse. The company will use the campaign to seek out lithium-bearing pegmatites with a ground-based exploration program, including mapping and sampling within earshot of Global Lithium's 10.5 million tonne Archer deposit.
After a hyperspectral survey, Askari Metals has lit up multiple lithium targets at the company's newly acquired Myrnas Hill lithium project in WA's Pilbara region. The targets — including one high-priority structure with a strike length of 1.2km — will be the focus of an upcoming field expedition as the company looks to get its boots on the ground as soon as possible.
Askari Metals has acquired ASX-listed Raiden Resources' Myrnas Hill lithium project in WA's highly prospective Pilbara region for a total of $200,000 in cash and shares, adding another lithium site to its portfolio. The company says its newly acquired project covers about 50 square kilometres and exhibits a geological setting strongly analogous to the nearby world-class Pilgangoora and Wodgina lithium mines.
Octava Minerals is preparing for its ASX debut next month as it seeks to exploit some early lithium shows just 10kms from Global Lithium's revered Pilbara lithium discovery. Octava has also pulled together a package of Kimberley and Mid West tenements in solidly mineralised terranes that are already jostling with battery metals big hitters and the company's Pilbara ground also has some intriguing historical gold drill holes that are begging for follow up.
Multi-element explorer Askari Metals has wrapped up a project-wide exploration campaign at its Yarrie lithium project in WA, 50km northeast of Marble Bar. Viewing the project through a geological lens, the company previously revealed several significant and high-priority targets that have now all been inspected and sampled in the field. In total 129 rock and 238 stream sediment samples were collected.
WA-based explorer Askari Metals has kicked off a project-wide lithium exploration campaign at its Yarrie project in Western Australia's East Pilbara region. The program is designed to field test high-priority zones including a major target area measuring 32km by 13km. The company will start by mapping in addition to collecting stream sediment and rock chip samples.
Battery metals explorer Askari Metals is scoping several significant lithium exploration zones after project-wide targeting and modelling at its Yarrie Lithium project in Western Australia. The company says it plans to put its model to the test with an upcoming foray into the field as early as mid-April.
During the program, Askari will sample in a variety of ways, including stream sediments and rock chips in addition to mapping.
Multi-element junior explorer Askari Metals has completed an expansive airborne reconnaissance site visit across its Yarrie lithium project in an escalation of its hunt for the highly sought-after white gold that sits at the heart of the EV minerals revolution. Located in Western Australia's Eastern Pilbara, the project spans more than 1,700 square kilometres and is surrounded by some of the most significant hard rock lithium deposits in the world.
ASX-listed junior explorer Askari Metals has unveiled some sizeable lithium targets with a hyperspectral survey at its Yarrie project in the eastern Pilbara hotspot. Seven high priority targets were identified including one measuring a staggering 88 square kilometres and another with a potential strike length of 24km. The company is aiming for on-ground exploration to commence as soon as possible.
Kalamazoo Resources was trading 10 per cent higher this morning, after announcing significant lithium potential identified at its DOM's Hill gold and base metals project in the Pilbara.
ASX-listed junior explorer, Kalamazoo Resources has consummated a deal with C$740 million market-capped Pilbara gold producer, Novo Resources. TSX-listed Novo will issue A$2 million worth of its stock to Kalamazoo to take on 50 per cent of Kalamazoo's Queens gold project in Victoria and Novo then has the right to move to 70 per cent by ploughing a further $5 million into the project.
Kalamazoo Resources was trading up to 55 per cent higher on the ASX today after announcing the completed purchase of Northern Star Resources' Ashburton gold project in the Pilbara.
Novo Resources is continuing to execute on its strategy of picking up nuggety gold projects and has increased its presence in the goldfields of Victoria, famed for its long and rich mining history. Novo has entered into a deal that could see it land up to 75% of GBM Resources' Malmsbury gold project and just over 4% of the ASX-listed company.
Junior gold miner Kalamazoo Resources has announced an $8 million placement to billionaire investor Eric Sprott and his Canada-listed company, Novo Resources Corporation.
Our daily board moves wrap includes Alexander Grant, Trevor O'Connor, Scott Funston, Luke Reinehr, Paul Price, Ted van Heemst, Matthew Syme, Nico van der Hoven, Jurie Wessels, Jeremy King, and Luigi Matteucci.
Mining contractor Adaman Resources has agreed to purchase the Snake Well gold project, 170 kilometres northeast of Geraldton, from Perth-based Kalamazoo Resources for $7 million.
Gold-aspirant Capricorn Metals has announced a board restructure, which includes the retirement of managing director Heath Hellewell and founding director Peter Langworthy.
Helix Resources is pleased to announce the completion of a placement to raise $0.9m via the issue of 30,000,000 at the last market close price of 3 cents.
SPECIAL REPORT: Western Australian stockbrokers and companies raised nearly $1.1 billion in 104 transactions in the March quarter, with gold deals being a major driver of activity, according to new data compiled for the BNiQ Search Engine.
SPECIAL REPORT: Nearly 70 WA-connected companies listed on the ASX in 2016, but current prospects indicate there will be substantially fewer this year.
A local gold company founded by prominent prospector Denis O'Meara hopes to begin trading on the ASX by the end of next month after completing a $10 million initial public offering.
