Public Company News

ASX-listed, Blackstone Minerals has delivered a cracking 73 per cent lift to its nickel resource base at its multi-deposit Ta Khoa nickel, copper and platinum group elements project in northern Vietnam. A global resource base at the project taking in four deposits now clocks in at a hefty 130 million tonnes grading 0.37 per cent nickel for an eye-catching 485,000 tonnes of contained nickel.

Twenty Seven Co has wrapped up a 31 hole RC drill program that intersected a 4m envelope of massive sulphides at its Rover gold project approximately 25 kilometres southeast of Sandstone in WA. The company says Rover has the potential to host volcanogenic massive sulphide targets given its similar geology and location only 30km north of Cobre Limited’s Perrinvale base metals project.

Toronto-listed conglomerate gold miner, Novo Resources has kicked off ‘Phase 2’ mechanical sorter trials of bulk samples taken from its Comet Well, Purdy’s Reward, Egina and Talga Talga gold projects in the Pilbara region of WA. The sorter and its infrastructure are designed for deployment at Novo’s array of projects to produce gold-bearing concentrates on site in a single pass for further upgrading or downstream processing.

Venus Metals Corporation has bolstered its already overflowing suite of high-grade gold hits with a series of solid gold intercepts from recent resource drilling at its Youanmi gold joint venture project in WA. Notable results include 3m grading 7.2 grams per tonne gold from 131m downhole, 2m going 8.16 g/t gold from 183m and 2m at 6.78 g/t gold from 127m downhole.

Mineral exploration company, Coda Minerals has delivered more cracking copper hits at its exciting Emmie Bluff Deeps IOCG-style copper discovery in South Australia. New intercepts from one hole returned two mineralised intervals of 26.9m grading 1.95 per cent copper from 803.5m and 41.8m going 1.21 per cent copper from 911.5m to grow the high-grade bornite zone at the prospect.

Horizon Minerals’ toll milling of stockpiled low-grade ore from its Boorara open pit mine in the historic WA Goldfields has yielded profitable results, with the company banking $770,000 from the initial campaign of 69,700 tonnes milled at a reconciled grade of 0.92 grams per tonne gold for 1,857 ounces. It said its second campaign was underway and due to be completed in January.

Lithium Australia’s battery recycling venture took a critical step forward after its 90 per cent owned subsidiary Envirostream was given the all-clear to open a second battery recycling plant in Laverton, Victoria. According to the company, its latest work puts it ahead of demand for electric vehicles and energy-storage system battery dismantling.

Middle Island has kicked off a detailed magnetics and radiometrics survey over its prospective Barkly copper-gold project area located in the emerging Tennant Creek mineral hub in the Northern Territory. The company is also marching forward with the Crosswinds copper discovery, also in the NT having recently completed a 2 kilometre IP survey following up on initial copper oxide mineralisation identified in October.

St George Mining has brought forward a drilling campaign designed to pierce two recently identified high priority nickel-copper sulphide targets at its Mt Alexander project in the north-eastern Goldfields of WA. According to the company, both deeper seismic targets have a geophysical signature consistent with its Investigators prospect where shallower drilling recently returned a sizzling 8.49m hit grading 5.8 per cent nickel and 2.6 per cent copper.

Superior Resources has intersected sulphide mineralisation in its third consecutive drill hole targeting a large, induced polarisation anomaly at the company’s Bottletree Copper prospect within its Greenvale project in Queensland. The company believes it may be onto a potential porphyry system west of the induced polarisation anomaly indicated by an enormous 1.5km by 1km intense copper and gold soil anomaly coincident with a large magnetic feature.

White Cliff Minerals has wrapped up the heritage survey over its 100 per cent owned McCaskill Hill and Cracker Jack prospects, with further sampling and drilling planned for the wider Reedy South Gold Project. The company is planning to assemble a number of mineable ore bodies in the Reedy’s South Gold Project area, which can collectively underpin commercial operations.

Perth-based gold-miner Wiluna Mining is ringing in the new year with the successful commissioning of the sulphide ore concentrate plant at its namesake project in WA. As part of its major production ramp-up plan the company is looking to treat 750,000tpa through the plant as it targets 90,000-100,000ozpa of gold in concentrate production by the end of the 2022 financial year.