Public Company News

Infinity Lithium continues to gather local support for its proposed San José lithium project near Cáceres in Spain, partnering with the Cáceres Chamber of Commerce to form an energy sector accelerator program. Through Infinity’s wholly owned Spanish subsidiary Extremadura New Energies, the agreement is designed to help companies starting out in lithium, energy storage and renewable energy sectors.

After a third phase of rock sampling, junior explorer Askari Metals has identified lithium anomalism in a south-eastern zone of the company’s Barrow Creek lithium project in Northern Territory’s highly prospective Arunta pegmatite region. Three areas of anomalism were identified along a 5km long pegmatite corridor with results of up to 456 parts per million lithium oxide.

Perth-based battery technology company Lithium Australia is at the forefront of the lithium-ion battery recycling industry through its wholly owned subsidiary Envirostream. It’s a sector the CSIRO estimates in a recent report could grow to be worth $3.1 billion in Australia alone. The company says lithium waste is growing at 20 per cent per year, potentially exceeding 100,000 tonnes a year by 2036 — enough to fill 42 Olympic-sized swimming pools.

Latest assay results from RC drilling at Strickland Metals’ Millrose project near Wiluna in WA have identified multiple new gold zones in addition to high-grade oxide gold intercepts. Highlights show one 5m intercept going 11.5 grams per tonne gold from 68m whilst a second 65m section from the same hole recorded 4.4 g/t from 95m including 3m at 20.2 g/t and another 3m reading an impressive 33.5 g/t gold.

Despite recent unseasonal WA weather, White Cliff Minerals has showered assay labs with about 1000 soil samples from its Diemals lithium and rare earths play east of Perth and Reedy South gold project in the historic Cue goldfields region. The company plans to keep up the momentum with more than 700 samples expected from its Yinnetharra lithium rare earths project in the coming weeks.

Valor Resources has identified highly prospective copper and uranium targets during a review of historical data from its Surprise Creek project in Canada’s Athabasca Basin. Based on the copper results alone, including rock-chip samples between 0.25 and 5.9 per cent and soil samples up to 3300 parts per million, the company has extended its tenements by 11 square kilometres to the south-west.

Aruma Resources has added almost 300 square kilometres of prospective central WA gold acreage to its exploration portfolio with the pegging of the greenfields Carter Well project, east of the historical Mt Magnet mining town in WA’s Murchison region. The company plans on getting boots on the ground as soon as regulatory approval has been granted.

Toro Energy has recorded its third discovery of massive and semi-massive nickel sulphides at its Dusty nickel project in WA, taking the prospective strike length at the site to at least 7.5km. The latest discovery, named Jumping Jack, was from a 3.4m intersection from 240.3m including a 1.4m- thick lens of massive nickel sulphides. The Dusty project falls within Toro’s wholly owned Yandal gold project in WA’s north-eastern Goldfields.

Meeka Gold could add more scale to its million-ounce-plus resource at the company’s Murchison project in Western Australia. Diamond drilling at its Turnberry deposit has delivered a slew of new high-grade gold intercepts including 1m going 62.8 grams to the tonne gold and a wide 51m strike grading 1.64 g/t gold from 264m. The impressive results are from outside the area of a planned open-pit mine, underlining the project’s growth potential.

Wiluna Mining Corporation’s concurrent discovery, resource development and grade control drilling programs have delivered high-grade sulphide gold intersections around current mining areas and new targets across the company’s mining operation in WA’s Mid West region. The onslaught of drilling is expected to translate into inventory growth and increased confidence in production forecasts for both volume and grade up until the end of next year.

Estrella Resources has recorded a 17m intersection of semi-massive to disseminated nickel-copper sulphides at its Broonhill deposit, part of the company’s Carr Boyd nickel-copper project near Kalgoorlie, in WA. The company says results show Broonhill remains open along strike, is increasing in scale and a separate deposit to the T5 mineralisation 1.5km to the south.

Godolphin Resources’ JV partner, Orange Minerals is poised to fire up the diamond drill rig for 1200m of exploration at its Calarie gold project in the Lachlan Fold Belt of NSW after finalising plans for a phase 2 probe. The campaign follows a December RC campaign that delivered a suite of “outstanding” intercepts, including 1m at 48.77 grams per tonne gold from 42m.