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ASX-listed gold explorer and producer Calidus Resources has enjoyed success with the drill bit in a maiden RC program at Spear Hill in the Pilbara – for lithium, not gold. The discovery was made by Calidus' part-owned Pirra Lithium. Significant intercepts included 2 metres at 1.11 per cent lithium oxide from 19m and 2m at 1.09 per cent from 5m.

Calidus Resources has identified strong gold-in-soil anomalies in samples taken across a 3km strike length in historically mined sections of its Blue Spec project near Nullagine in WA's Pilbara region. The program targeted the untested western end of the Blue Spec fault zone associated with gold mineralisation. Preliminary fieldwork is underway to identify drill targets in addition to areas for program of work applications and heritage surveys.

Strong lithium grades up to 2.35 per cent and an extension of the Spear Hill lithium pegmatites to over 4.3km strike length have convinced the owners of Pirra Lithium to spin the company out into an IPO by the end of this year. Calidus owns 50 per cent of Pirra Lithium, the joint venture controls tenements and lithium rights covering over 1000 square kms where recent assaying has doubled the known size of lithium mineralised zones.

Only one month after its first gold pour at the company's Warrawoona gold operation, Calidus Resources is looking at its Blue Spec East prospect as an open pit operation following strong drilling results. The move could boost throughput at its nearby plant in the Pilbara. The company produced first gold last month with a 33kg pour and aims to ramp up to 90,000 ounces per year.

Pirra Lithium, one of Australia's newest lithium explorers, has started drilling at its Spear Hill project in WA's Pilbara Craton region, testing a 1.2km stretch of outcropping lithium pegmatites where rock chips previously returned assays grading up to 2.34 per cent lithium oxide. Pirra is a 50-50 JV between Calidus Resources and Haoma Mining.

New gold producer Calidus Resources has poured the first gold bar from its carbon in leach circuit, marking the successful commissioning of a full processing circuit at its Warrawoona gold project in WA. A total of 33kg of gold was poured with the company's gold production now scheduled to ramp up to about 90,000 ounces per year in stage one.

Calidus Resources' recent spin-off Pirra Lithium has produced another grab bag of high-grade results from its latest rock-chip sampling and mapping program at the company's Spear Hill discovery in WA's emerging East Pilbara lithium field. The recently identified pegmatite has been mapped out over 2.5km in strike with assays yielding up to an impressive 2.75 per cent lithium oxide.

Five years ago Calidus Resources pulled off what many thought was an impossible task – the bringing together of multiple disparate parties who owned gold leases in the Pilbara within cooee of each other. Since then, Calidus has exquisitely executed a strategy of drilling out those leases, pulling together a resource and a reserve and this week, the company managed to achieve what many others could not – a maiden gold pour.

Calidus Resources has ticked off a major milestone in its quest to becoming Australia's next gold producer with the commencement of continuous ore processing at its Warrawoona gold project in WA's emerging Pilbara goldfields ahead of the first gold pour expected in the coming weeks. Under the multi-stage development plan, production is scheduled to ramp up initially to about 90,000 ounces a year.

First ore should be pushed through Calidus Resources' Warrawoona gold plant in the Pilbara by month's end, with the company tipping its maiden gold pour to follow in mid-May. It said the SAG mill is now ready for commissioning by EPC contractor GR Engineering Services. Mining contractor Macmahon Holdings has also ramped up activities with the main mining fleet now onsite and in operation.

Calidus Resources has etched out a plethora of promising new gold targets at its Blue Spec project in the heart of the Pilbara. Stream sediment sampling has lit up three prospective targets returning values up to 326 parts per billion gold along strike from the high-grade Blue Spec project where the company is set to deliver the results of a definitive feasibility study in the coming months.

Calidus Resources appears to be making inroads into the new energy space after its recently spun-out company, Pirra Lithium identified pegmatite across an over 1-kilometre strike range at its Spear Hill project in WA's prolific East Pilbara region. According to the company, it has since bagged up over 30 rock chips samples with assay results yielding grades of up to 2.3 per cent lithium oxide.

Calidus Resources has cleared its final construction hurdle on time and on budget, with commissioning now underway of its 100 per cent owned Warrawoona gold project in the Pilbara region of WA. The company says it expects crushing and milling operations to start within the next eight weeks with first gold set to be poured approximately two weeks later.

ASX-listed Calidus Resources has spun out a new company, Pirra Lithium, together with Haoma Mining with the aim of focusing exploration primarily on the most prospective lithium ground in the Calidus and Haoma portfolios. The lithium rights tenure granted totals 1,063 square kilometres with the two companies each owning an equal share of the newly created venture.

Budding gold developer Calidus Resources is joining forces with Haoma Mining under the guise of new company, Pirra Lithium to unlock the lithium potential of more than 1,000 square kilometres of prime Pilbara real estate. The Pilbara Craton is shaping up to be one of the world's major lithium and tantalum provinces housing the behemoth Wodgina and Pilgangoora lithium projects alongside Global Lithium's evolving Archer deposit.

Gold developer, Calidus Resources is set to unleash the rig for a regional gold search aiming to grow its existing 1.7 million ounce resource base in the Pilbara region of WA. The company will drill-test multiple greenfields targets near its Blue Spec resource and in proximity to its multi-deposit Warrawoona project that is set to churn out 90,000 ounces of gold per annum from next year.

ASX-listed Calidus Resources maiden diamond drilling program at its recently acquired Blue Spec deposit has hit pay dirt returning 4.1m at 33.6 g/t gold including 1.1m at a whopping 100.7 g/t gold. The high-grade satellite gold resource is located 75 km's from Calidus' Warrawoona project in WA's prolific Pilbara goldfield. Geotechnical and metallurgical test work is underway as the company works towards finalising a definitive feasibility study.

ASX-listed Calidus Resources has taken two crucial steps in its journey towards becoming Australia's next gold producer completing installation of the mill at its Warrawoona project in WAs Pilbara region and signing a mining services agreement with Macmahon Holdings. Construction is now more than 60 per cent complete with the company on track to pour first gold in the June quarter next year.

Budding gold producer Calidus Resources has been buoyed by visible gold seen in drill core from a quartet of recent diamond holes aimed at verifying its high-grade Blue Spec satellite underground gold resource in WA's prolific Pilbara goldfield. The company is working towards finalising an updated mineral resource estimate for Blue Spec as part of its continuing definitive feasibility study on mining and processing ore from the deposit.

Perth-based miner Calidus Resources is on track to become Australia's next gold producer. Construction at the company's Warrawoona gold operation in the Pilbara region is now more than 50 per cent complete and Calidus is on target to deliver its first gold pour in the first half of next year, defying the challenges of labour shortages and supply disruptions.

ASX-listed Calidus Resources has kicked off a round of confirmatory diamond drilling at its high-grade Blue Spec satellite underground gold deposit, which has the potential to increase annual production from its under-construction Warrawoona gold mine in WA's East Pilbara region. The company says it will plug the diamond drilling results into a planned definitive feasibility study on Blue Spec, which lies about 75km from Warrawoona.

ASX-listed Calidus Resources' plant construction at its Warrawoona mining and processing operation about 25km south-east of Marble Bar in the East Pilbara region is well advanced as it draws down the first tranche of funds from a Macquarie Bank $110 million debt facility. The company says its new mine remains on budget and on course to pour first gold in the June quarter next year.

Development of ASX-listed Calidus Resources' Warrawoona gold operation in WA has been progressing at “a rapid rate” as it looks to kick off preliminary mining in the middle of this year with an eye on pouring first gold in the first half of next year. The Perth-based company says construction at Warrawoona, which has an estimated CAPEX of $120 million, remains in line with budget and schedule.

Calidus Resources says it has inked final agreements with Macquarie Bank for project loan facilities totalling $110 million in relation to its developing Warrawoona gold mine in WA's East Pilbara. Under the terms of the debt funding package, the company also locked in a mandatory hedging arrangement covering the delivery of 125,000 ounces of forward gold sales from Warrawoona across the 3.25-year tenor of the loan facilities.

ASX-listed budding gold producer, Calidus Resources says its Blue Spec high-grade satellite gold deposit is set to significantly boost annual production at its under-construction Warrawoona gold mine in WA's East Pilbara region, following a Blue Spec “integration” study. According to the study, the company is now looking at forecast gold production averaging 110,000 ounces per annum across the first seven years of production at Warrawoona.

Calidus Resources is barrelling towards gold production at its Warrawoona project in the Pilbara having received approval for its proposed mining operation. The company is now permitted to move into production and has commenced bulk earthworks across the plant site. Calidus has also placed orders for all of the long lead items required for the milling operation and expects to be pouring gold in early 2022.

Diamond drilling by gold producer in waiting, Calidus Resources, has threaded the eye of the needle, striking gold more than 600 metres below surface at its under-construction Warrawoona gold mine in WA's East Pilbara region. According to the company, the narrow, high-grade gold drill hits provide it with plenty of encouragement for a potential longer-term underground mining proposition at Warrawoona.

Sure-footed East Pilbara gold developer, Calidus Resources has inked a farm-in deal to acquire up to 90 per cent of fresh ground, 20km east of its Blue Spec gold project, by spending up to $800k on exploration over six years. Calidus said the highly promising tenement is littered with soil geochemical anomalies and immediately east of a mineralised corridor identified by Novo Resources.

Calidus Resources has tied up the remaining 30 per cent interest in eight exploration tenements and three application areas surrounding its rapidly developing Warrawoona gold project in a deal with co-owner and fellow Pilbara gold developer, Novo Resources. The final consideration for Calidus to lock up 100 per cent-ownership of the ground was a one per cent net smelter royalty across the tenements payable to Novo upon production.

Set to be one of WA's next gold miners, Calidus Resources has been buoyed by a clutch of solid RC infill drilling results at its under-construction stand-alone Warrawoona gold mining and processing operation in WA's East Pilbara region that have exceeded the project's average ore reserves grade of one gram per tonne gold.

Calidus Resources has bought out another royalty tied to its developing Warrawoona gold project in WA's East Pilbara region that it says will help boost cash flows from the new mining and processing operation. The company sewed up the 1.25 per cent profit royalty over the granted mining leases at Warrawoona, leaving one remaining 1.25 per cent profit royalty attached to the same tenements.

ASX-listed aspiring gold producer, Calidus Resources, has moved to top up its coffers with a heavily oversubscribed $31.8 million share placement to institutional and sophisticated investors and an additional $5 million placement to eligible existing shareholders. The capital raises come hot on the heels of the company securing $110 million in debt funding for its planned Warrawoona gold mining and processing operation currently in the initial development stages.

ASX-listed Calidus Resources is marching towards the start-up at its flagship Warrawoona gold mining project in WA's Pilbara region after ticking a few infrastructure and permitting boxes. The installation of a 65m tall telecommunications tower is complete, 10 per cent of its 240-bed accommodation village is operational and the company has received regulatory sign-off on its project management plan from WA's Department of Mines and Petroleum.

ASX-listed gold developer, Calidus Resources, has struck a farm-in deal allowing it to earn up to 75 per cent of a greenfields gold project, which sits immediately along strike from the high-grade Blue Spec gold project and about 75km from its flagship, under-construction Warrawoona gold mining and processing operation in WA.

ASX-listed aspiring gold producer, Calidus Resources, has extended the strike length of known gold mineralisation at its Coronation satellite deposit only 8km from the company's developing Warrawoona gold project in WA's East Pilbara following encouraging near-surface drill results. Better intersections from its recent 29-hole round of RC drilling at Warrawoona were 14m going 3.77 g/t gold from 52m and 3m at 4.00 g/t from 54m.

Calidus Resources has bought out the royalty attached to the tenements covering most of the ore reserves at its developing Warrawoona gold project in WA's East Pilbara region. The company will issue 4 million Calidus shares to the vendors and says removing the net smelter return royalty tied to the project will free up more cash flow during the early years of gold production at Warrawoona.

ASX-listed gold developer, Calidus Resources, appears to have locked in the final step on its pathway to production securing $110 million debt funding from Macquarie Bank towards the development of its new Warrawoona gold mine. As part of the debt financing package, Calidus also entered into an associated gold hedging facility covering approximately 105,000 ounces of forward gold production from Warrawoona.

ASX-listed Calidus Resources has added one of the richest-grade gold mines in the Pilbara hinterland to its growing arsenal of projects after striking a deal with Canadian miner Novo Resources Corporation for the Blue Spec gold mine near Nullagine in WA. The deal will also see Calidus pick up the smaller Gold Spec mine to the south.

Calidus Resources has stepped up its exploration program in the Pilbara, completing first pass drilling over the Otways copper prospect near Nullagine in WA. Reconnaissance drilling has confirmed the results of previous work, delineating wide intercepts of near-surface copper mineralisation including an impressive 40m at 0.70 per cent copper, hosting 10m at 1.64 per cent copper, from surface.

ASX-listed aspiring gold producer, Calidus Resources, remains on track for the main construction phase of its new $120 million Warrawoona mine development in WA's East Pilbara to kick off in the first quarter next year with steady progress being made in the project's early capital works program. The company says it has also ordered long lead items including a SAG mill.