Public Company News

Phase one testing in the United States of one of Chimeric Therapeutics’ latest cancer fighting innovations has yielded exciting final toxicity and anti-rejection testing results as it looks to roll out its ground-breaking cell therapy technology. The company says results were extremely encouraging and demonstrated an optimal safety profile with strong early signs of clinical benefit for patients.

Estrella Resources has hooked onto more nickel sulphides at its flagship Carr Boyd nickel-copper project 80 kilometres northeast of Kalgoorlie in Western Australia. A single diamond drill hole yielded a significant strike of 8.07m grading 4.37 per cent nickel and 0.75 per cent copper within a larger zone of 16.2m running 3.12 per cent nickel and 0.60 per cent copper from 192.35m downhole

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.

DiscovEx Resources’ joint venture partner, Carnaby Resources, has intersected a high-grade 27 metre copper zone in a step out diamond drilling program at the Nil Desperandum prospect, part of the larger Greater Duchess project near Mt Isa in Queensland. According to the company, its latest probe suggests the mineralised system boasts both grade and range given it was sunk over 120m from the initial discovery hole.

Aurum Resources has finished a maiden 18-hole drill program at its prospective Penny South gold project. The company is chasing targets with distinct similarities to its neighbours, the well-endowed Penny West historical mine and the ever-expanding Ramelius Resources’ owned Penny North deposit. Despite some drilling delays Aurum hit numerous prospective shear zones with sulphides and quartz veining that it plans to send for priority assay.

Cell therapy trailblazer Chimeric Therapeutics has struck a deal to outsource the time sensitive collection, transport and delivery of feedstock materials from donors in addition to final clinical drug therapy products to biotech supply chain specialist Be The Match BioTherapies. The 30-year veteran has sourced, collected and delivered cells from more than 100,000 donors around the world for time-critical cellular therapies.

Torian Resources has re-confirmed higher concentrations of Yttrium and associated critical heavy rare earths after further assay work using “fusion digestion” was shown to dissolve the refractory heavy rare earth solution and liberate Yttrium much more effectively. The pulp ore samples analysed were sourced from the company’s newly discovered Yttria rare earth prospect within its Mt Stirling gold project in WA.

Emu NL is narrowing in on nickel targets at its Graceland and Viper projects in WA after EM surveys identified anomalies over previously recognised gravity and soil sample anomalies. The company is now planning for a 2,500-3,000 metre rotary core drilling program in the second quarter of 2022 with the recent events in Europe driving nickel prices to 11-year highs.

Brightstar Resources has picked up a crucial piece of acreage that connects its south and north Cork Tree Well tenure, offering the company an unfettered opportunity to explore the area. The acquisition extends its second prospective exploration trend parallel to historic workings over unbroken ground. Curiously Brightstar picked up the connecting ground within the lucrative Laverton gold belt for just $10,000 cash.

Alaska-focused oil explorer 88 Energy’s Project Icewine has received a boost after light oil was recovered across a brace of separate production tests at Pantheon Resources’ Talitha-A well, about 4.5 kilometres from the Icewine acreage. According to the company, the results at the well are highly encouraging given first pass mapping suggests parallel reservoir sequences sit between the zones.

ASX-listed gold producer Wiluna Mining says it has arrangements in place to sell all its concentrate to alternative destinations after suspending further concentrate shipments to Russia. Following the wake of Russia’s invasion of Ukraine the producer has immediately suspended one shipment of gold concentrate that had set sail to Amursk, Russia and another that had just left its facility in Wiluna.

Aldoro has nailed its nickel targets delivering improved intercepts from the latest drilling at its Narndee project in WA. Significant results include up to 4.26 metres grading 1.22 per cent nickel. The reported intercepts represent a marked improvement in width over the previously encountered single metre grading 1.35 per cent nickel from 192m downhole.