This week's Bulls N' Bears ASX Runner of the Week is… Oceana Lithium, after a capital raise to fill its coffers ahead of base metals testing in WA's Gascoyne region. Zoono Group signed an exclusive packaging deal with UK majors, MetalsGrove Ltd ran on belated appreciation of its new Côte d'Ivoire gold projects, and Raiden Resources reported eight-from-eight shallow, high-grade gold hits from its emerging Bulgaria project.
Victoria Park-based junior Raiden Resources has announced it will raise $10 million in order to accelerate drilling activities at its Andover South lithium project in the Pilbara.
Victoria Park-based explorer Raiden Resources has entered into an option agreement with Mallina Corporation, as it plans to divest its Pilbara-based Arrow gold project.
Minerals exploration and development company GreenTech Metals has suddenly found itself next to a new power-play among lithium giants right next door to its own developing West Pilbara lithium project in Western Australia. Significant corporate activity is targeting the region, including global lithium giant SQM's joint venture (JV) with Novo Resources and separately, SQM and Hancock Prospecting's $1.7 billion bid for Azure Minerals.
Strickland Metals has emerged as one of the ASX's runners of the year, jumping 400 per cent to an 11-year high of 20 cents on Thursday, on the back of more drilling at its Marwari gold prospect near Wiluna in WA. Led by entrepreneurial boss Andrew Bray, Stickland sits as the lone gold explorer among a sea of lithium hopefuls leading this year's ASX charge.
ASX-listed junior GreenTech Metals is leaps and bounds into a project-scale field program targeting historic lithium and recently-identified soil geochemical anomalies in Western Australia. The company today revealed it had identified nine broad lithium soil anomalous zones across its West Pilbara licence package, which covers a total area of 32 square kilometres and has more than 60sq km that are still to be mapped.
A deep dive into an historical dataset coupled with boots on ground has lit up a 10km lithium trend at GreenTech Metals' West Pilbara projects that sit tantalisingly close to Azure Minerals' Andover lithium discovery. Field mapping and analysis of historical soil sampling has etched out two distinct lithium-caesium-tantalum (LCT) pegmatite trends where recent rock-chip sampling returned assays peaking at 3.6 per cent lithium oxide.
Our board moves wrap includes Andrew Tunks, Ben Talbot, Michael Higginson, Kate Sainty, Dan Robinson, Arron Canicais, Glenn Corrie, Mark Connelly, Lynda Burnett, David Royle, Donald James, Kyla Garic, Martin Pawlitschek, Greg Columbus, Douglas Jendry, Nick Rowley, and Tamara Brown.
Askari Metals has acquired another lithium project in WA's highly prospective Pilbara region from private outfit Mining Equities for a total of $125,000 in cash and shares, bolstering its already brimming battery metals portfolio. In a busy period of activity, the explorer is also reviewing its Red Peak lithium project for rare earth elements potential and has wrapped up its maiden drilling campaign at the company's Horry copper and gold project.
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.
Our board moves wrap includes Pedro Kastellorizos, Luis Azevedo, Simon Mottram, Peretz Schapiro, Leonard Math, David Nour, Rhoderick Grivas, Raymond Liu, Andrew Shearer, and Dale Ginn.
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
Shares in West Perth-based Raiden Resources (previously SubZero Group) enjoyed strong gains today after they started trading on the ASX, following a two-year restructuring of the company and acquisition of a copper-gold project in Serbia.