Public Company News

Calima Energy has added 2,738 acres of prime Canadian oil and gas real estate to its portfolio in the liquids-rich, sweet spots of the Montney Formation in Northeast British Columbia, following successful bidding in the latest Canadian Government land auction for coveted licences in the North American oil and gas play.

Fresh from news of a big increase in their San Jose lithium deposit, Plymouth Minerals is racing ahead with test work on converting the deposit into high-value Lithium Carbonate by way of an on-site plant. Bulk samples are already on their way to Plymouth’s Chinese processing partner, Shandong Ruifu, who will beneficiate the ore and process it into battery-grade lithium carbonate.

After spectacularly setting the market alight with a share price run from 7.9c to 48c, St George Mining say they are well and truly still in the hunt for a company making nickel-copper discovery near Agnew. Recent drilling expanded the mineralised footprint at the project and provided solid indications that the deposit thickens to the north and west of St George's 17m discovery intersection.

Lithium Australia have snagged their first major Lithium resource thanks to a wholly successful decision to take a close look at the unrecognised lithium potential of an historic tin mine in Saxony, Germany. The company announced a maiden resource at Sadisdorf that is capable of supplying a 25,000 tonne per annum Lithium Carbonate plant for 10 years without even drilling a hole.

Peppermint Innovation is tapping into Australia’s growing immigrant population who are transferring billions of dollars each year ‘back home’ to their countries of origin. Peppermint has established a 100 per cent owned subsidiary that will earn Australian revenue from fees charged for transferring monies around the world and from foreign exchange margins received at the time of transferring those funds.

Recent drilling has increased the size of Plymouth Minerals’ massive San Jose Lithium mica deposit in Spain to more than 1.6 million tonnes of Lithium Carbonate equivalent, paving the way for an impressive feasibility study in 2018. The giant deposit is still open along strike and at depth and is perfectly situated to produce and deliver battery-grade chemicals for Europe’s booming market.

ASX-listed Sky and Space Global has ramped up cyber-security safeguards on its nano-satellites by incorporating market-leading encryption hardware into the miniature orbital devices. Sky and Space says the integration of the encryption technology, carried out in collaboration with global cyber security provider Check Point, validates its ability to offer a premium service to high value tier-one customers.

King River Copper's excellent progress on metallurgical test work should unlock a new pathway for the development of its massive 4.7 billion tonne Vanadium/Titanium/Iron project near Kununurra. The Company is aiming to produce 99.5%+ purity vanadium pentoxide, titanium dioxide and iron whilst at the same time dramatically reducing the capex requirements via a new processing flow sheet.

Australia’s first heavy rare earths mine is taking shape at a rapid pace. Northern Minerals have completed mining and stockpiling of all the ore required for the initial three-year life of the Browns Range heavy rare earths pilot project, while the second of three shipments of the modular processing plant has arrived in Darwin. The project is on track for first production in Q3 2018.

Calidus Resources’ patient efforts to consolidate ground over the Warrawoona greenstone belt in the East Pilbara are paying huge dividends, with new assay results delivering high-grade gold hits at every one of its prospects. The cashed-up explorer will immediately accelerate its aggressive drill campaign and will soon announce a resource upgrade based on its spectacular run of results.

A bold new idea by Terrain Minerals about the location of Cobalt and Nickel on the Yilgarn Craton has been rewarded with positive assay results from the very first reconnaissance visit. The junior explorer, best known for its work to develop the Great Western gold deposit north of Leonora, recently applied for three tenements about 170 km north-northeast of Geraldton.

Underwater drone innovator Aquabotix has taken its business ambition up a few pegs with the appointment of a US-based CEO whilst founding CEO Durval Tavares will move into the role of Chief Technology Officer to focus on product innovation. New CEO David Batista has a 20 year background in small caps and was most recently the Managing Director of financial services firm Viriathus Holdings.