Public Company News

Tambourah has captured 17 priority targets in its battery metals search after a detailed data analysis of the Wongan Hills South project in the Wheatbelt region of Western Australia. The targets were generated using available geophysics and the project’s database. The Wongan Hills South project is part of Tambourah’s larger Julimar North project in what is fast emerging as Australia’s most exciting PGE-nickel-copper-cobalt mineral field.

Cyclone Metals has acquired six exploration projects in New Zealand covering gold, copper, nickel and platinum group elements. Highlights include the Muirs project containing 222,000 ounces of gold near the 45 million ounce Hauraki goldfield. At the Mareburn project drill hits include 10m at 2.4 g/t gold and it is only 8km from the 10-million-ounce Macraes gold mine.

CZR Resources has received assays from the first 55 holes of a larger drill campaign that indicate the potential for a massive upgrade to direct shipping iron ore resources at Robe Mesa in the Pilbara. Resource increases are anticipated from extensive mineralized hits outside current resource blocks and from the lower ore horizon below existing pit designs.

Trigg Mining is set to directly benefit from $678 million in government funding earmarked to upgrade “The Outback Way” linking Laverton in WA to Winton in Queensland. The funding will be used to seal the road extending from 40km east of Laverton to the WA-NT border, passing through Trigg’s tenure connecting the company’s developing Lake Throssel potash project with key domestic and international export markets.

ASX-listed Metal Hawk has lit up a string of bedrock conductors, potentially pointing to the presence of massive nickel sulphides following a ground electromagnetic survey at its Berehaven project located some 20km southeast of Kalgoorlie in Western Australia. Several of the identified conductors lie along strike from the company’s exciting massive nickel-sulphide Commodore discovery which has returned assays up to 5.89 per cent nickel.

Godolphin Resources has dated the mineralisation at its Turrawonga prospect within its Copper Hill East project in NSW which it says is remarkably similar to the massive Cadia and Boda copper-gold discoveries in the region. The company believes its porphyry intrusions date back to the Ordovician age, the same age as many major discoveries that hug the lucrative Molong Volcanic Belt in NSW.

Strickland Metals is hitting its Millrose gold project in WA hard with three drill rigs to remain on site for much of 2022. Drilling is currently focused on laterite hosted gold near surface and strike and depth extensions are key targets in a big push to add to the existing 603,000-ounce gold resource ahead of the development of a mining plan.

Surefire Resources may be poised to unwrap a parcel of polymetallic treasures after a high−resolution aeromagnetic survey and first-pass exploration work at its Kadji Project in the West Yilgarn region of WA confirmed the presence of nickeliferous ultramafic lithologies. The project is considered highly prospective for nickel, copper and platinum group elements and is in the same province as Chalice Mining’s Julimar Gonneville discovery.

Infill drilling by ASX-listed PolarX at its Caribou Dome copper deposit in Alaska has returned assays hitting an eye-watering 15 per cent copper underscoring the uber high-grade potential at the project. One notable intercept returned 19.09 metres at 7 per cent copper from 45m downhole and contained a high-grade interval of 3.98m going a staggering 14.8 per cent copper.

ASX-listed Okapi Resources has expanded its US uranium portfolio after staking more than 460 claims covering 3,600 hectares to acquire the high-grade Maybell Uranium project in Colorado. According to the company, the tenements boast historical production figures of 5.3 million pounds of uranium trioxide with a cracking average grade of around 1,300 parts per million.

Junior nickel explorer St George Mining has identified a strong off-hole conductor through down hole electromagnetic surveying nearby another at its Mt Alexander nickel-copper project in WA it believes may be a potential 70m long conductive horizon. The company says the off-hole conductivity readings are interpreted to be consistent with massive nickel-copper sulphide mineralisation and could represent an exploration breakthrough at the project.

Empire Energy’s exploration grants, rescinded by the Federal Court of Australia in late 2021, have been reinstated by the Federal Government providing almost $20 million in funding to Beetaloo Basin exploration. The package will cover 25 per cent of the cost of seismic data acquisition in addition to the drilling, fracture stimulation and flow testing of three horizontal appraisal wells.