St George Mining Limited (ASX:SGQ) has announced significant developments in its exploration efforts at the Myuna Rocks Project in Western Australia's Ravensthorpe region. The project, owned by Lithium Star Pty Ltd (a joint venture between St George Mining and Amperex Technology Limited), has seen its tenure double in scale, now spanning 546 square kilometres. The newly granted Exploration Licences E74/789 and E74/790 have expanded the project's area, with the land package extending over 50 kilometres north-west along a regional greenstone corridor, starting just five kilometres north of the Mt Cattlin Lithium Mine. This corridor hosts active explorers such as Fortescue,…
The Australian government has recently announced a significant investment of up to $840 million in the Arafura rare earths project and a $230 million loan for Liontown Resources. These investments are part of the government's efforts to boost critical minerals projects and strengthen Australia's position in ethical and sustainable manufacturing of rare earths. The investment in the Arafura rare earths project aims to support the development of the Nolans Project, a rare earth mine located north of Alice Springs. The funding package includes $495 million from the Critical Minerals Facility, $200 million from the Northern Australia Infrastructure Facility (NAIF), $115…
It’s possible that a domestically-listed gold explorer, which boasts a not-too-shabby evolving flagship project in Western Australia’s Wheatbelt, may be looking to lithium to help boost its languishing market valuation. No doubt the WA-based junior is also hoping that a farm-in agreement it made back in 2022 with a fellow exploration house will garner some much-needed shareholder interest sometime in the future. When Austgold Ltd (ASX: AUC) presented at Vertical Events’ RIU Explorers Conference in February last year, its share price was around the 0.05 cents mark, giving it a market capitalisation of $105 million. By the same time this…
A West Australian junior involved in a number of exploration projects is confident it has come across an iron oxide-gold-copper (IOCG) deposit in its home state. Late last year, Miramar Resources Ltd (ASX:M2R) said that a review of historical drilling data had “potentially” revealed very significant magnetite iron opportunities at its wholly-owned Whaleshark project, which sits within the Carnarvon Basin in WA’s Ashburton region. Field work conducted in the area by Western Mining Corporation (WMC) in the 1990s whilst exploring for an IOCG intersected significant widths of magnetite-rich banded iron formation (BIF) averaging above 25 per cent iron beneath younger…
Joint venture partners Covalent Lithium, Wesfarmers and Sociedad Química y Minera de Chile (SQM) have opened of the Mt Holland lithium mine and concentrator project. The Mt Holland lithium project consists of an open-cut mine and concentrator, located 110km southeast of Southern Cross in the Wheatbelt region, and a refinery currently being constructed in the Kwinana Industrial Area. With an expected cost of $2.6 billion, the project is supporting 1,000 jobs during construction and 350 jobs during operations. Mt Holland will produce 380,000 tonnes of spodumene concentrate per year, which will be refined into 50,000 tonnes of battery-quality lithium hydroxide.…
BMG Resources Limited has announced promising results from its ongoing exploration review of the Dragon project neighbouring WA1 Resources’ site in the West Arunta region of Western Australia. Multiple targets showing structural and magnetic features have been identified at the Dragon Project — features similar to those that represent mineralised carbonatites at WA1 Resources’ ground and the nearby Aileron Project of Encounter Resources. BMG’s Dragon Niobium-REE Project is immediately adjacent to and shares a 30-kilometre-long border with the West Arunta Project of WA1 Resources. BMG Non-Executive Chairman John Prineas said: “Our ongoing review of exploration data for the West Arunta…
Pantera Minerals Limited has announced a substantial expansion of its Smackover Brine Project in North America, with the acquisition of 3,553 acres, representing a 26 per cent increase in leased acreage. The company's total net leased acreage now surpasses 17,000 acres. The bulk of the new acreage comes from a key lease with a mineral owner covering 2,194 acres, placing Pantera in a unique position of strength. This expansion not only enhances the project's scalability but also consolidates Pantera's control, with 100 per cent ownership of the project now under its purview. Pantera, the sole junior company listed in the…
Gold exploration company Challenger Gold has announced that the company’s recent metallurgical testwork program at the Hualilan Gold Project in Argentina, conducted in November 2023, has opened new avenues for the processing and profitability of the project. The initial scoping study for the project outlined a process path yielding three primary product streams: an Au-Ag concentrate from bulk flotation, a Zn-Au-Ag concentrate from sequential flotation, and Au-Ag doré from leaching of the flotation tailings-leach (FTL). A significant enhancement was identified late in the study's preparation phase, proposing the conversion of the Au-Ag concentrate into doré through a fine-grind and high-intensity…
The latest drilling results recently released by Australian-based mineral exploration company — Latin Resources Ltd — from the Colina Deposit and Fog’s Block in Brazil have yielded high-grade lithium, enforcing the project’s Tier One status. Following the previous mineral resource estimate (MRE) in June 2023, an additional 53 holes (23,617 metres) were drilled at the Colina Deposit, and 13 diamond drill holes (4,575.7 metres) at Fog’s Block. Latin Resources Vice President of Operations - Americas Tony Greenaway said: “This latest update represents a solid five months of drilling which was focused on extending the Colina Deposit to the southwest along…
Australia-based mineral exploration company, Mont Royal Resources, has made significant progress in the Phase Two lithium exploration program at the Bohier Lithium Project, situated in the prolific Upper Eastmain Greenstone Belt in Quebec, Canada. The Bohier Lithium Project footprint has expanded through its second lithium exploration phase. The company reported high-grade results from the trenching and channel sampling program, including: 6.05 metres at 1.78 per cent lithium oxide 7 metres at 1.71 per cent lithium oxide 1 metre at 1.97 per cent lithium oxide 18 samples are currently pending results at the Actlabs laboratory facility in Val d’or, Quebec. Preparations…
Mineral exploration company Rincon Resources has made significant progress at its wholly-owned West Arunta project — in Western Australia — as the company has obtained the necessary heritage clearance. This sets the stage for imminent site works and the initiation of a groundbreaking 1,000 metre diamond drilling program at the Pokali IOCG Prospect. With the clearance in place, the team is diligently preparing for the site works, which is scheduled to commence soon, followed closely by the drilling activities. The upcoming drilling program is meticulously designed to include two diamond holes, each extending to a minimum depth of 500 metres.…
ASX-listed technology minerals company Pinnacle Minerals Ltd has mobilised the field team from Quebec-based geological consultants, IOS, to Mirage Outfitters for the execution of fieldwork. This move marks the preparation for the inaugural exploration program at the Adina East Project located in James Bay, Quebec. Pinnacle Minerals Managing Director Nic Matich said: “Pinnacle has secured the services of respected Geological Group IOS Services Géoscientifiques to conduct first pass exploration at the recently acquired Adina East Lithium Project. Having the crew mobilised on site one day after announcing the acquisition highlights the company’s intent to maximise shareholder value through prompt and…
Producer of high-performance titanium products Iperion X Limited has received a Letter of Interest (LOI) from the Export-Import Bank of the United States (EXIM Bank) — offering a provisional equipment finance of US$11.5 million. This finance is intended for the development of IperionX’s Titanium Production Facility located in Halifax County, Virginia, and is repayable over a tenure of seven years. This promising development follows EXIM’s evaluation of IperionX’s project for eligibility under both its ‘China and Transformational Exports Program’ and the ‘Make More in America Initiative’. These schemes are crafted to diminish Chinese dominance in critical sectors while amplifying export-focused…
Intra Energy Corporation Limited has completed the first phase of exploration on its Llama Lithium Project located in the prolific James Bay region in Québec, Canada. Multiple large-scale pegmatite dykes have been identified with Lithium-Cesium-Tantalum (LCT) affinities including the presence of the minerals beryl and columbite. The first stage program was undertaken by Dahrouge Geological Consulting (DGC) who has mapped approximately 52 kilometres of ground traverses and collected a total of 83 rock samples with the objective of identifying drill targets. [caption id="" align="aligncenter" width="922"] Map of the Llama project, illustrating the location of the 83 rock samples collected, including…
