Public Company News

Junior explorer Strickland Metals says its recently acquired 346,000-ounce Millrose gold project on the north-eastern flank of the prolific gold-bearing Yandal-Millrose greenstone belt in WA provides an outstanding drill-ready opportunity to potentially grow its gold resource base in pursuit of possible early production in the region. The Perth-based company snapped up the project for $10 million from previous owners Millrose Gold Mines and Golden Eagle Mining.

Godolphin Resources says it has encountered sulphides in all RC holes drilled into the Quarry lode prospect at its high-priority Lewis Ponds mixed metals project 15km east of Orange in the Lachlan Fold Belt of NSW. The aim of the quartet of RC holes vectoring in on the upper levels of Quarry lode was to extend the lode mineralisation near surface and to the north of the current Lewis Ponds mineral resource.

Junior exploration company, Twenty Seven Co has uncovered numerous high-grade lithium and tin showings in the northern part of its 100 per cent owned Trident project near Broken Hill in New South Wales. A review of historical geochemical and sample data has returned lithium occurrences going as high as a dazzling 7.63 per cent lithium oxide.

Resource drilling by specialty metals company, Technology Metals Australia has identified a thickening of its Yarrabubba magnetite iron and vanadium deposit south of Meekatharra in WA. Drilling in the south-east of the existing 27.7Mt resource going 38.7 per cent iron and 0.9 per cent vanadium pentoxide has returned broad high-grade zones including 24m at 50.2 per cent iron and 1.13 per cent vanadium pentoxide.

Galan Lithium has partnered with leading sustainable supply chain traceability provider, London-headquartered international group Circulor Ltd as the ASX-listed lithium development hopeful seeks to become a preferred source of lithium carbonate supply to global markets. It says the collaborative partnership with Circulor will look to establish full lithium traceability and carbon dioxide and environmental, social and governance tracking for its lithium brine assets in Argentina’s “lithium triangle”.

Junior exploration company, Zuleika Gold has potentially unveiled a broad gold system at its Breakaway Dam prospect near Kalgoorlie in WA with 21 air-core drill holes intersecting gold including a peak 4m at 4.3 g/t gold. A second potential new gold zone may also have been intersected at its Credo Well gold project some 25km to the west.

WA-focused explorer, Kairos Minerals has returned the best high-grade gold hit in the history of its Mt York project in the Pilbara after striking a cracking 32m at 3.79 g/t gold. Described by the company as an exceptional intercept, it comes as part of an ongoing 20,000m drilling campaign seeking to add more gold to the 873,500-ounce resource base at the project.

Horizon Minerals has tabled an updated mineral resource estimate for one of the key satellite gold deposits that underpins its proposed flagship Boorara gold production hub about 15km east of Kalgoorlie. The revised resource for the company’s Jacques Find-Peyes Farm deposit, located at the Teal project area 10km north-west of Kalgoorlie, weighs in at 1.74 million tonnes grading 2.32 g/t for 130,000 ounces of contained gold.

Innovative project developer, Neometals and its partner, SMS Group, have moved a step closer to testing their lithium-ion battery recycling technology after successfully managing to integrate the first two stages of its showcase recycling demonstration plant in Germany. The duo, via their 50-50 Primobius joint venture, is looking to recover valuable materials such as lithium, nickel and cobalt from end-of-life batteries.

Perth-based junior explorer Aruma Resources is set to get boots on the ground after receiving the green light to kick off drilling at its Salmon Gums gold project in WAs prolific Norseman goldfields. The company plans to undertake a maiden 3,000m RC program at the project, located 30km south and along strike from the recent Scotia gold discovery.

Perth-based gold-miner Wiluna Mining is frantically ticking boxes as it gains momentum on the downhill run towards commissioning its 750,000 tonne-per-annum flotation plant as part of its major production ramp-up plan at its namesake project in WA. The company expects the plant to be in operation in December and is targeting increased production to 120,000 ounces per annum by the end of the 2022 financial year.

ASX-listed Quantum Graphite says the first two holes of an eight-hole diamond drilling campaign along the ‘Eastern Conductor’ near its Uley 2 resource on the Eyre Peninsula in South Australia appear to have successfully intercepted multiple graphitic zones. Uley 2 already takes in a hefty 6.3 million tonne resource going 11.1 per cent total graphitic content.