Public Company News

Ahead of an inaugural drill campaign Askari Metals has extended its copper mineralised footprint and defined extensive gold mineralisation after sifting through soils at the company’s Horry copper and gold project in WA’s Kimberley region. The recent soil sampling work picked up results of up to 655 parts per billion gold and up to 152 parts per million copper.

The Dusty nickel project in WA’s north-eastern Goldfields continues to deliver for Toro Energy after follow-up drilling at its recently discovered Dimma deposit hit massive and semi-massive nickel sulphides. The company says exploration intersected a zone of intermittent nickel-sulphide mineralisation that extends for more than 20m and includes 2.5m of continuous massive nickel sulphide from 314.7m downhole.

Assays from the central ore zone of Podium Minerals’ Parks Reef platinum group metals project continue to deliver high-grade results as the company assesses its mining potential near Meekatharra in WA. Highlights include a 16m intersection at 2.51 grams per tonne 3E PGM from 76m that recorded 1.69 g/t platinum, 0.80 g/t palladium and 0.01 g/t gold.

Infinity Lithium’s plans to develop its 75 per cent owned San José lithium project in Spain appear to be gaining political support after local and regional government representatives have called for a technical presentation of the proposed underground mine and integrated lithium processing plant. The continued revival of the project follows the regional government’s declaration last week that lithium extraction and processing are of regional and general interest.

Venus Metals Corporation has lit up multiple priority targets using remote sensed data at the company’s Mangaroon rare earths project in one of the country’s fastest emerging rare earths districts. The company’s four tenement package on the edge of WA’s Gascoyne region borders significant rare earth ventures held by ASX-listed Hastings Technology Metals, Dreadnought Resources and Lanthanein Resources.

Diamond drilling at Buru Energy and Sipa Resources' jointly held Barbwire Terrace project south-east of Broome in WA has turned up a smorgasbord of high-grade base metal mineralisation. The joint venture says portable XRF readings on samples from one of the two recently plunged holes delivered grades as high as 19.8 per cent lead plus zinc from 413.5 metres.

ASX-listed 88 Energy is locking onto a new exploitation target at its Icewine East oil project on Alaska’s North Slope after examining a batch of newly acquired seismic data. The company is now gearing up to drill test the “Hickory-1” well next year with planning and permission work underway.

Aurumin’s winning run has continued with impressive results from the third hole of an RC drill campaign at its Central Sandstone gold project in WA including a 352.8m intersection at 1.5 g/t gold from 267.2m. The company says mineralisation continued down the hole with another 145.2m section going 0.5 g/t gold from 620m as the explorer aims to further define its resource at the Two Mile Hill deposit 130km west of Leinster.

WA-focused mineral explorer Tambourah Metals has added two new exploration licences to its Russian Jack lithium project in WA’s Pilbara region. The new zones are already producing results with rock chips going as high as 1420ppm lithium. The new licences have more than doubled Tambourah’s project size to over 500 square kilometres.

ASX-listed Asra Minerals has delivered a solid 23 per cent lift to its precious metal inventory at its flagship Mt Stirling project in Western Australia. The total updated mineral resource estimate at the operation has risen to 152,000 gold ounces from a previously tabled 118,384. The company’s MS Viserion deposit saw its resources swell 34 per cent for 2.55 million tonnes going 1.7 grams per tonne gold for 137,000 ounces.

Mineral explorer EMU has secured the right to earn up to 80 per cent in a trio of exploration permits covering 850 square kilometres in Queensland’s Georgetown mining district under a Heads of Agreement with TSXV-listed Rugby Resources. Whilst gold has been the traditional focus for the region the tenements are also prospective for base and battery metals including lithium, silver, lead, zinc, copper, tin and uranium.

WA-based explorer Surefire Resources has appointed geologist and mineral economist Cain Fogarty as CEO. The company says Fogarty brings to the role a varied skill set accumulated over a career spanning more than two decades in the mining industry across Australia, Asia and Africa, including exploration, resource growth, feasibility studies and executive management.