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Mineral explorer Valor Resources has lit up an interesting geophysical anomaly at its Picha project in Peru. The 2km by 2km induced polarisation anomaly is believed to reflect potential copper-bearing sulphide mineralisation at depth related to a large porphyry body. The company has kicked up a clutch of compelling copper-silver targets from its combined geophysical and geochemical surveys that are begging to feel the drill bit.

Junior explorer Valor Resources has met its first-year expenditure and cash payment commitments under a farm-in agreement where it is looking to take an 80 per cent stake in the Hook Lake uranium project located 60 kilometres east of the Key Lake uranium mine in northern Saskatchewan in Canada. Expenditure by Valor has now exceeded the C$750,000 requirement set out in the farm-in agreement.

Valor Resources has kicked off a 2,500 metre diamond drilling program at its Hook Lake uranium project in the world class, uranium endowed Athabasca basin in Canada. Drilling is aimed at testing the extent of mineralisation after identifying surface anomalism that included rock chips grading up to 59.2 per cent uranium. It will also target a geochemical and structural target called the V-Grid.

Valor Resources says it is encouraged by results from ongoing geochemical and geophysical surveys in its hunt for Peruvian copper and silver at its Picha project after the company nailed a 1.2km by 2km open geophysical anomaly. It said the anomaly identified by the Induced Polarisation survey potentially represents a large porphyry copper system, which remains open to the south.

Valor Resources has unveiled a clutch of copper drill targets at its Picha copper and silver project in southern Peru courtesy of an ongoing ground geophysics program. According to the company, the geophysical anomalies correlate with surface mineralisation at the project and potentially point to mineralisation at depth. Valor is now planning a drilling campaign that will look to test the newly identified targets.

Valor Resources has extracted a handy $5.4m from the market to throw at its Canadian uranium projects as it ramps up exploration activities amid strengthening uranium prices. The Perth-based explorer is knee deep in a flurry of exploration activities as the uranium price is spurred on by increased global demand for yellow cake.

Mineral explorer Valor Resources continues to deliver the goods at its Picha copper and silver project in southern Peru. Recent channel sampling by the company at two separate areas has returned a 40.5 metre long surface channel grading 0.49 per cent copper at its Cumbre Coya prospect, with a 17.6m channel going 1.95 per cent copper also unearthed at the Maricate prospect some 500m away.

Mineral exploration company Valor Resources is onto a grab bag of significant grade copper samples, with some going as high as 13.4 per cent, arising from a geochemical sampling program at its Picha copper and silver project in southern Peru. At the Cobremani prospect, sampling of historical works delivered a continuous 35.6m long channel with an average 1.3 per cent copper and 22.85 g/t silver.

Valor Resources is on a roll in Canada with the budding explorer identifying new high-grade uranium mineralisation from rock chips at the company's Hook Lake project in Canada's famed Athabasca uranium basin. Additional silver, lead and high-grade rare-earths mineralisation with key rare earth elements neodymium, praseodymium and dysprosium have added some unexpected value to the project.

Valor Resources looks to be on a roll in Canada with the budding explorer identifying a wealth of new uranium anomalies across the company's burgeoning ground holdings in Canada's famed Athabasca Basin. A recent radiometric survey at Hook Lake has highlighted several target zones in the northwest of the company's tenure, alongside various new targets outside the recognised historical prospects.

ASX-listed junior explorer Valor Resources says a recently completed airborne geophysical survey has exceeded its expectations, pointing to historical uranium occurrences and new targets across its Hook Lake project in northern Saskatchewan, Canada. Follow-up field exploration work has been earmarked to kick off this month and the Perth-based company hopes to be drilling priority prospects in the venerated Athabasca Basin region later in the year.

Valor Resources has bumped up its uranium exploration acreage in the mighty Athabasca Basin region in central Canada to 986 square kilometres by acquiring five new projects, including one along strike from Rio Tinto's Janice Lake property. The Athabasca Basin has historically produced about 20 per cent of global primary uranium supply and hosts the world's highest-grade uranium mine at Cigar Lake.

Valor Resources has continued to build its portfolio in the Americas, pegging 14 new mining concessions around its Picha copper-silver project in southern Peru. The staking spree comes in the wake of recent channel sampling that produced grades up to 6.04 per cent copper and 18 ounces to the tonne silver, pointing to the potential of the underlying mineral system.

Local heavy rare earths producer, Northern Minerals has upgraded the mineral resource estimate for its Dazzler deposit in north-eastern WA by 50 per cent to 214,000 tonnes and delivered a small uplift in grade to 2.33 per cent total rare earth oxides. The company said Dazzler is now the second largest deposit at its Browns Range heavy rare earths project, behind the Wolverine resource.

Local heavy rare earths developer, Northern Minerals, has sold its second shipment of the year to trading company, Thyssenkrupp, with 114 tonnes exported from Darwin and bound for separation facilities in China. Northern also sold 22 tonnes of heavy rare earth carbonate back in January this year from its pilot plant in north-eastern WA, signalling an increase in output from its Browns Range project.

Heavy rare earths developer, Northern Minerals has hit more solid heavy rare earths intersections at its Dazzler deposit in WA, with one hole returning 15m grading 2.72 per cent TREO from 20m at its Browns Range Project in the East Kimberley region. The ASX listed company continues to build the case for a full-scale plant with its ongoing success with the drill bit.

In a stunning turnaround, AusIndustry has reversed its decision to deny Northern Minerals' $24.16m research and development tax offset grant relating to its Browns Range heavy rare earths plant in the Kimberley. The ATO will now review the claim and it looks likely that the outcome will be so profound that it will allow Northern Minerals to thrive and possibly even submit a further multi-million dollar claim for FY19.

ASX-listed rare earth's producer, Northern Minerals, looks to be potentially onto something in the East Kimberly with some solid results from rock chip sampling, grading up to 2.92% copper at its John Galt Project, located 200 kilometres south of Kununurra in WA. The rock chip sampling program covered an area of 2 kilometres by 500 metres with half of all samples returning high copper grades of 1% or greater.

Heavy rare earths developer and miner, Northern Minerals, has been making good headway with a scoping study into the commercial properties of its rare earths deposit at the Brown's Range project in the East Kimberly region of WA. Consistent with recent radical advancements in science, rare earth's are becoming increasingly valuable sources of materials that are used in electronic, optical, magnetic and catalytic technologies.

Northern Minerals has kicked off an RC drill campaign in search of rare earths at its Brown's Range project in the East Kimberly of Western Australia. The company is confident that its new targets are underpinned by strong predictive science and will sink approximately 4000 meters of RC into the Gambit West and Cyclops deposits whilst undertaking more regional drilling at the Rouge target, located about six kilometres along strike from Dazzler-Iceman

Northern Minerals has hit more high-grade dysprosium at its Dazzler prospect just 15km from its Browns Range mine. Assays received by the company following an RC infill and step-out drilling program at Dazzler returned some impressive, near surface intercepts including 7.71% total rare earths oxide, including 7,502 parts per million dysprosium. Dysprosium is typically only mined in China and is in demand from the EV sector.

Heavy rare earths producer, Northern Minerals, has started exploration drilling at its Browns Range project in the Kimberley region of WA to follow up recent successes at the emerging Dazzler prospect. The company will carry out 3,000m of reverse circulation drilling at the Dazzler and Iceman prospects and a further 1,500m at the Banshee South, Cyclops, Longshot and Rogue prospects.

Northern Minerals has delivered its best-ever drilling result at the Browns Range project near Halls Creek, WA, with an exceptional 52-metre wide intercept grading 4.15% TREO recorded at the emerging Dazzler prospect. The company also discovered a new ore position just 350m to the southeast of Dazzler and will kick off further drilling in the region starting early next month.

Northern Minerals has delivered high grades of rare earth element mineralisation from drilling its regional prospects at the Browns Range operation near Halls Creek in WA. Results include 16.59m @ 7.53% TREO from 27m at the Dazzler deposit and 4.43m @ 8.07% TREO from 21m at Iceman, up to 10 times the total mineral resource grade currently being mined from the operation 15km to the north.

The Australian and US Governments both recognise the strategic importance of rare earths to technological advances. The recent escalation of the trade dispute between China, the largest producer of rare earths, and the US, one of the largest consumers, has seen China threaten to restrict exports as a form of tariff retaliation. Despite previous threats nearly a decade ago, it is only now that both Governments are seeing the strategic value in supporting and developing a rare earths sector that is not dependent on China. What you drive, how your energy is produced and how you are defended are all on the line in this escalating dispute.

Northern Minerals has signed an offtake agreement with German raw material distributor thyssenkrupp Materials Trading for the purchase of all heavy rare earth carbonate produced from its Browns Range pilot plant project near Halls Creek, WA. The offtake agreement will commence immediately, with all current stockpiled product and future production included in the agreement.

Northern Minerals is ramping up the development of its Browns Range heavy rare earths project near Halls Creek, WA, by purchasing an ore sorting module to upgrade mill feed, potentially doubling the ore grade and reducing operating costs. The company recently obtained commitments for a $30 million placement split into three roughly equal tranches, the first of which totalled $11.9m and was received last week.

Northern Minerals has returned encouraging preliminary rare earth element results from portable XRF assaying completed on infill, extension and exploratory RC drilling samples at the Dazzler and Iceman prospects near its Browns Range operation in the East Kimberley region of WA. The company said the results also outlined a new target area just to the northwest of Iceman that is anomalous in the pathfinder element yttrium.

The WA Government's plan to carry out $51m in major road upgrades in the Eastern Kimberley region will directly benefit Northern Minerals' Browns Creek heavy rare earths mine, by providing virtually year-round access to the project tenements from Halls Creek. This will also provide greater certainty for the company to ramp future production from Browns Creek, knowing the product can be transported from site on a regular basis.

Northern Minerals has kicked off a program of drilling at the high-grade, heavy rare earth Dazzler and Iceman prospects, located south of its Browns Range mining and pilot processing operations near Halls Creek, WA. The short campaign will target infill and extensional positions at both prospects, which will potentially upgrade the existing Dazzler resource and facilitate the estimation of a maiden mineral resource for Iceman.

Northern Minerals has raised $10m via a placement to ramp up exploration and development activities at its high-grade Dazzler and Iceman prospects on the back of positive sentiment for the emerging rare earth sector. The company points to key commodity price increases and the recent unsolicited $1.5b takeover approach by Wesfarmers to rare earth producer Lynas Corporation, as evidence of an increased interest in the sector.

Northern Minerals has generated a maiden mineral resource estimate for its Dazzler rare earths deposit, located 15km south of the Browns Range mining and pilot processing operations in the Kimberley region of WA. The inferred resource contains 144,000 tonnes grading 2.23% total rare earth oxides, which is the equivalent of about 3,200 tonnes of TREO and includes a significant quantity of the sought-after element dysprosium.

Northern Minerals is ramping up rare earths output at its Browns Range pilot plant in the East Kimberley region of WA to steady state levels to assess the quality of the rare earth carbonate produced. Data collected from the production of 7.2 tonnes of rare earth carbonate to date has provided the company with a better understanding of its ability to produce rare earths at the required specification.

Northern Minerals has produced its first heavy rare earth carbonate product for export from its Browns Range pilot plant project, located near Halls Creek in the East Kimberley region of WA. The near 2.6 tonne ore parcel is being sent to Darwin Port for shipment to customers in China. According to the company, the first product shipment meets the high-quality specifications required by its offtake partners.

ASX listed heavy rare earths producer Northern Minerals has now reached practical completion at its Browns Range pilot plant project, located near Halls Creek in the East Kimberley region of WA. The company said that commissioning of the plant was progressing well and that rare earth carbonate product from ore processing is being stockpiled ahead of the first shipment, which is expected by the end of the year.

Northern Minerals has generated exploration targets for its Dazzler and Iceman heavy rare earth prospects, located near its operating Browns Range mine in the Kimberley region of WA. The company recently discovered wide, rare earth mineralisation, rich in dysprosium at the deposits and is completing maiden mineral resource estimates for both. Management said the valuable high grade deposits could materially impact the longevity of its Browns Range operation.

Northern Minerals has received a $25m investment from China's NRE Industrial Group Limited, which is subscribing for 240.4m shares in the company for between 9c and 11c per share. A new private investor is also subscribing for $2m worth of shares priced at 9c each. The funds will be used to progress development of the Browns Range heavy rare earths pilot plant project in the Kimberley region of WA.

Northern Minerals says that ore sorting tests of stockpiled ore at its Browns Range rare earths mine has the potential to double the mineral grade to about 2% total rare earth oxide. The test work used sensors to sort the rare earth mineralisation from waste rock based on its bulk density and magnetic properties and the company says it could set up ore sorting infrastructure for just $4m.

Northern Minerals has made the leap from explorer to producer after turning out its first rare earth carbonate at the Browns Range project in the Kimberley region of WA. Both the beneficiation and hydrometallurgical circuits are now load commissioned for steady state production. The company is also hunting for additional resources of heavy rare earth mineralisation at Browns Range with a focus on the exciting Dazzler-Iceman discoveries.

Northern Minerals has re-estimated its mineral resources for the 2018 financial year, reporting just over 9 million tonnes grading 0.63% total rare earth oxides, which includes an ore reserve of 3.3 million tonnes grading 0.68% TREO containing more than 13 tonnes of sought-after dysprosium oxide. The company is currently proving up new discoveries of high grade rare earth element mineralisation at the Dazzler and Iceman prospects.