Public Company News

Coda Minerals is finding further potential at its flagship Elizabeth Creek copper project in SA’s world-class Gawler Craton. The latest drill hole intersected a distinct copper-rich zone, indicating a possible southeast expansion of the interpreted IOCG mineralisation. It says a geologically distinct, copper-rich ‘bornite’ dominated zone was intercepted and an independent re-evaluation of the emerging area demonstrates its potential for more.

Infinity Lithium is on the front foot in developing the skills it will need as it pushes forward with developing its San José industrial lithium processing project near the Spanish city of Cáceres. The company has signed a collaboration agreement with the Extremadura Electric Mobility Cluster and the local business association LOABRE to provide training for local members within the framework of renewable energies.

Torian Resources has racked up additional significant gold intercepts that extend the resource boundaries at the company’s flagship Mt Stirling project just 8km from Red 5’s King Of The Hills gold mine in WA that has produced more than one million ounces of gold. Significant drill results recently returned include 33 metres grading 1.78 grams per tonne gold from 196m downhole.

Having just received the keys to its Sandstone project in Western Australia, gold developer Aurumin Limited is gearing up to begin systematically exploring with an initial round of auger drilling. The vehicle-mounted program, due to kick off next week, is designed to build on five near-mill targets handed over from the previous owner – plus test a further 36 targets generated by the company.

Aurum Resources has submitted its samples for assay from a maiden 18-hole drill program at its Penny South gold project located on the same interpreted structure as the Ramelius Resources owned Penny West and Penny North deposits in Sandstone, Western Australia. The company has opted for the fast-track photon assay process that cuts turnaround times from 6-12 weeks to just two.

In a win for minor shareholders of successful mineral sands producer Image Resources, board members have seen off an attempt by large Chinese backed activist shareholder Murray Zircon Pty Ltd to dispense with directors who delivered almost $20m profit for the company last year. Ninety-six per cent of voting shareholders voted against the six spill motions albeit the vote was close given Murray Zircon’s substantial holding.

ASX-listed Meeka Gold appears to be unlocking more rare earths potential at its Circle Valley gold project 95 kilometres north of Esperance in Western Australia. The explorer says it has now defined ionic adsorption clay mineralisation over an area of 7km by 5km, yielding higher than 300 parts per million total rare earths oxides.

Brightstar Resources has amassed a solid drill budget following an oversubscribed capital raising in March that it plans to put to good use in a 10,000m RC and diamond blitz at its flagship Cork Tree Well gold project near Laverton in WA. The company plans to target extensions to known mineralisation to grow its resource base in addition to investigating the prospectivity of other early-stage targets nearby.

Soil sampling has given Aurumin Limited the belief it could have lithium in its Mt Palmer project that straddles Western Australia’s town of Southern Cross. Analysis of elements associated with the battery metal lit up multiple targets, including some coincident with historical pegmatite intercepts of up to 50m that had previously only been tested for gold.

Buoyed by surging demand and market outlook for silver and zinc, Horizon Minerals has completed a data review and concept study at its wholly-owned Nimbus project, 15km from Kalgoorlie-Boulder in W

Galan Lithium could be closing in on the key battery metal at its Greenbushes South project in WA after recent exploration work at the venture highlighted anomalous pathfinder mineralisation in soil samples and rock chips. According to the company, the samples show the trace elements could support pegmatites similar to those found in the nearby Greenbushes mine, the world’s largest hard rock lithium deposit.

Radiopharm has agreed on commercial terms to commence its first phase of lung cancer trials in Australia with renowned global oncology provider GenesisCare. The program aims to start testing Radiopharm’s proprietary nanobodies, part of its Nano-mAbs platform, by targeting non-small cell lung cancer, the most common type of the disease. The project is scheduled to be completed within 18 months.