Public Company News

White Cliff Minerals has received further encouraging gold hits from its maiden RC drilling campaign at its historic Reedy South project near Cue in WA’s Murchison Goldfields. The latest set of notable drill intersections were 11m at 3.19 g/t from 51m including 3m at 8.87 g/t, 6m at 2.96 g/t from 18m, and 7m at 1.60 g/t from 48m including 3m at 2.86 g/t.

Venus Metals continues to uncover fresh precious metal targets across the Youanmi terrane in WA. A detailed evaluation of the company’s comprehensive geophysical and geochemical datasets has highlighted a trio of Julimar-style nickel-copper-PGE targets in the southern Youanmi tenement area, with historical drilling returning assays of up to 2.18 grams per tonne platinum and palladium.

Software as a service provider, K2fly continues to set the pace in the mining software space adding another global name to its client list. The company has signed a lucrative contract with alumina giant Alcoa USA Corp. which will see the K2fly’s innovative RCubed software implemented across six key sites globally delivering more than $570,000 into its coffers over its initial 5-year period.

Podium Minerals continues to extend its Park Reef discovery in WA, with its maiden drilling program across the eastern extensions of the deposit returning a wealth of PGM mineralisation. Systematic drilling has delivered a bounty of precious metal intercepts including 12 metres at 2.56 grams per tonne 3PGMs from 33m and 21m at 1.47 g/t 3PGMs from 103m down-hole.

ASX-listed Antilles Gold says arbitration proceedings for the settlement of contractual disputes with the Dominican Republic Government are moving ahead with the company having lodged a formal statement of claim and witness statements to the World Bank’s International Centre for Settlement of Investment Disputes.

ASX-listed Vietnam base metals player, Blackstone Minerals has taken a significant initial step in its quest to produce downstream nickel, receiving a non-binding letter of interest from global commodity trading giant, Trafigura. Perth-based Blackstone hopes to upscale its proposed downstream refining operation and become a significant global supplier of downstream nickel products for the lithium-ion battery industry.

ASX-listed K2fly’s timing in buying the SATEVA software service business, which caters for iron ore producers, when the iron ore price is flying high has been exquisite with the expanded group already having snared $850,000 worth of new purchase orders from major iron ore mining houses.

Dampier Gold has backed up previous exploration success at its Credo project, revealing the results of a comprehensive soil sampling program which has delineated a “high-grade”, north-west trending gold corridor cross-cutting the company’s tenure and already hosting two high-grade gold resources. The company looks well placed to continue its run of success in the Eastern Goldfields of WA when drilling kicks off again in the coming weeks.

Native Mineral Resources says it has confirmed the presence of a deeper porphyry system at its Leane’s copper-gold discovery, further bolstering the company’s exploration model as it looks to nail down the next big copper discovery in North Queensland as the copper price reaches for 10-year high placing copper explorers firmly in the market spotlight.

Impact Minerals has rung in the new year with an intriguing drill hit of 138m grading 0.3 g/t 3PGM from surface at its Broken Hill nickel-copper-3PGM project in NSW. The drill hit along the southern margin of its Red Hill prospect included 12m at 1.5 g/t 3PGM, 0.3 per cent nickel and 0.2 per cent copper from 103m down-hole.

Oar Resources has lit up more than twenty targets at its Crown nickel project, just ten kilometres west of WA’s prominent Julimar nickel-PGE discovery. A detailed evaluation of the regional geophysical datasets at Crown has revealed a wealth of structural and geological targets, which stretch along more than 15km of strike in a terrane that has developed into one of Australia’s most sought-after exploration addresses.

ASX-listed West Africa gold explorer, Mako Gold has expanded its footprint in the fertile auriferous terrane in Côte d’lvoire receiving approval from the country’s Ministry of Mines for the Ouangolodougou permit area. The newly granted permit together with the company’s existing Korhogo Nord permit will now constitute its Korhogo gold project.