Public Company News

Javelin Minerals has completed a detailed aeromagnetic survey of its 900 square kilometre Mt Ida-Ida Valley project near Menzies in WA. The results are set to guide field-based exploration and drill results from the company’s exciting Coogee gold-copper project are also expected soon. Strike and depth extensions were targeted to follow up previous results that include 4m at 9.34 g/t gold and 27m at 1.22 g/t gold.

Novo Resources Corporation has set a high bar for itself this year after ticking off a flurry of 2021 exploration that saw the company further develop its gold, base-metals and battery-metals tenements across WA and Victoria. The company is now gearing up to run a 20,000m drilling blitz across a string of projects and capitalise on the booming precious metals and new energy markets.

ASX-listed Okapi Resources has upped the ante at its North American uranium play after signing an agreement with Canada’s ALX Resources to secure a portfolio of six advanced exploration projects in the Athabasca Basin. Collectively, the projects house 75 granted mineral claims across 55,000 hectares and sit in the world’s premier uranium district according to the company. Okapi will initially probe two projects with superior exploration potential.

Askari Metals has got its hands on a considerable parcel of sought-after lithium ground after acquiring the Barrow Creek Lithium project in the NT on the back of an oversubscribed $2.6 million capital raise. The fertile ground forms part of the Arunta Pegmatite Province and is considered highly prospective for lithium-tin-tantalum mineralisation. The project also borders major lithium players such as Lithium Plus and Core Lithium.

White Cliff Minerals has wrapped up a first pass RC drilling program at the company’s Cracker Jack prospect, part of its larger Reedy South gold project in WA’s Murchison Goldfields, following the completion of seven holes. The milestone earmarks the opening play of an expansive 74-hole probe totalling 4,440 metres that also takes in the nearby McCaskill Hill prospect.

Gold and critical minerals explorer Tambourah Metals has identified multiple airborne gravity anomalies indicative of denser rocks that may host nickel-copper-PGE mineralisation at its Bolgart and Tolarno projects approximately 100 kilometres northeast of Perth. A follow-up ground based moving loop electromagnetic survey has now been planned to test the gravity targets located near Chalice Mining’s monster Julimar PGE-nickel-copper-cobalt project.

Clinical-stage cell therapy group Chimeric Therapeutics has snapped up a US patent for its cancer fighting CLTX CAR therapies. According to the company, the United States represents the single largest global market for biopharmaceutical products and the patent will add further protection to its burgeoning roster of intellectual property. The move follows a recent patent grant for the technology in Europe.

Mining software solutions provider K2fly has released impressive second quarter results for the 2022 financial year showing strong annual recurring revenue and order book growth combined with increasing deal size. K2fly also had its largest ever contract win signing Rio Tinto to a $3.44 million contract whilst Glencore also renewed an existing contract. Invoices were up 58.5 per cent from the same quarter last year.

ASX-listed Trigg Mining has more than doubled the strike length and area of its Lake Throssell sulphate of potash project. Four new areas were granted to Trigg, giving the company the potential to expand resources and the projected mine life of what could be a global top ten producer. Pivotal agreements with traditional owners facilitated the grant of the new tenements.

Aldoro Resources could be onto lithium at its Niobe project in Western Australia after a phase one RC drilling program intersected two thick pegmatite intervals below surface. The company says each of the 17 holes plunged into Niobe struck significant pegmatite bodies, validating and extending historic drilling results. The campaign forms part of a larger 64-hole investigation of the project’s landholdings.

Estrella Resources is zoning in on more nickel-copper targets at its developing T5 discovery near Kalgoorlie in WA after the company spotted a suite of down-hole geophysical anomalies begging to be drilled. The anomalies lie tantalisingly close to the T5 deposit and suggest known mineralisation is open to the north and south, throwing up a plethora of new targets that the company will now target.

Altech Chemicals has launched and registered the product name “Silumina Anodes” for its breakthrough proprietary HPA coating technology that combines silicon particles, treated with its innovative technology and routine battery grade graphite to engineer a lithium-ion battery electrode containing a composite graphite-silicon anode. According to the company, the process produces lithium-ion battery anode materials with a 30 per cent higher retention capacity than existing materials.