St George Mining (ASX: SGQ) has unveiled promising new targets at its wholly-owned Destiny project in Western Australia's Eastern Goldfields region. The exploration efforts have identified potential carbonatites and mafic intrusions, raising the prospect of hosting niobium (Nb), rare earth elements (REE), or nickel-copper-PGE mineralisation. A gravity survey program conducted by St George over six prominent magnetic features at the Destiny project has yielded significant results. Four of the six magnetic features have shown a high-gravity signature, suggesting they could be intrusions such as carbonatites or mafic intrusions, both known globally for hosting valuable mineralisation. These features, ranging from 0.9km…
The Queensland government has granted mining leases for a significant phosphate mine in northwest Queensland, marking a major step forward for the region's economy. North West Phosphate's Paradise South complex, located 130 kilometres northwest of Mount Isa, has been given approval, with expectations to create substantial employment opportunities and boost the local economy. The project is anticipated to generate 200 jobs during the construction phase and employ 245 workers once operational. North West Phosphate has committed to utilising local services, providing a further economic boost to northwest Queensland. Phosphorous, a key product of the mine, is essential for fertiliser production…
Rincon Resources Limited (ASX: RCR) has reported a significant breakthrough in its exploration activities at the West Arunta Project, with recent diamond drilling confirming the presence of Iron Oxide Copper Gold (IOCG)-style mineralisation. The company's second diamond drill hole at the Pokali prospect, labelled '24WADD002,' has intersected multiple zones with moderate to intense magnetite alteration, along with quartz and sulphide veining containing copper sulphides such as chalcopyrite, bornite, and traces of native copper and rare visible gold. These findings suggest the potential for a major IOCG deposit within the Pokali area. The drill core is currently being transported to Perth…
Iron ore continues to be a significant part of Tasmania’s mineral landscape, with the state’s leading operation undergoing some expansion works to ensure it maintains its annual production of two million-plus tonnes of magnetite concentrate. Meanwhile, a short-lived project to the south is ready to recommence mining once economic conditions improve. Located 60 kilometres southwest of Burnie, Grange Resources Ltd’s (ASX:GRR) Savage River has been subjected to a definitive feasibility study (DFS) into underground extraction below the north pit and its integration with the company’s current open-cut operation. According to the miner this document has revealed some robust financial outcomes.…
Ardea Resources Limited has partnered with Sumitomo Metal Mining Co., Ltd (SMM) and Mitsubishi Corporation (MC) to form a 50:50 incorporated joint venture named Kalgoorlie Nickel Pty Ltd (KNPL) for the development of the Kalgoorlie Nickel Project (KNP) - Goongarrie Hub in Western Australia. Under the terms of the Cooperation Agreement, the Consortium, Ardea, and KNPL will jointly fund and conduct the Definitive Feasibility Study (DFS), with the Consortium funding 100 per cent of the DFS costs up to the agreed budget of approximately $98.5 million. Additionally, the Consortium will assist KNPL in optimising debt financing to earn an ultimate…
Northern Minerals Limited (NTU), a key player in heavy rare earth (HRE) exploration and development, has announced the reception of high-grade assay results from ongoing mineral resource definition drilling at the Wolverine deposit within the Browns Range Project in Western Australia. The latest assay results validate the presence of wide and high-grade mineralised intervals across the Wolverine deposit, which remains open at depth. Notable new intercepts include 15.6 metres at 9.99 per cent Total Rare Earth Oxides (TREO) from a depth of 428.20 metres, alongside other substantial intercepts that highlight consistent mineralisation throughout the targeted areas. The primary objective of…
Aurumin Limited (AUN) has expanded its flagship Sandstone Gold Operations with the acquisition of five new exploration tenements. This addition reinforces Aurumin’s presence in the prolific Youanmi Terrane, located 520 kilometres northeast of Perth, as part of the company's 100 per cent owned 946 koz Au Central Sandstone Project. The newly acquired tenements, spanning an additional 60 square kilometres, include historical workings and well-defined mineralisation trends, which are key to Aurumin's ongoing development strategy. These tenements are poised to enhance the company's exploration capabilities and drive significant value for stakeholders. Aurumin Managing Director Brad Valiukas stated: “After repositioning the company…
Challenger Gold Limited (ASX: CEL) has announced significant advancements from ongoing metallurgical testwork at its Hualilan Gold Project in San Juan, Argentina. The results have improved the project's economic prospects and efficiencies in mineral processing. Recent tests have successfully increased the viability of extracting zinc with head grades as low as 0.4% Zn, a substantial enhancement compared to the 1.5% Zn cut-off used in the previous scoping study. This breakthrough enables access to an additional 211.5 kt of zinc within the Hualilan Mineral Resource Estimate, compared to the 62 kt initially accounted for in the scoping study mine plan. Key…
Latin Resources Limited (ASX: LRS), a major Australian mineral exploration company, has announced the successful completion of its drilling program at the Colina Resource, a key part of its Cloud Nine Halloysite-Kaolin Project in Western Australia. The drilling program, totalling 5,000 metres of reverse circulation (RC) drilling, was completed on schedule and within budget. Initial assay results from the first phase of drilling have confirmed the presence of high-grade halloysite and kaolin mineralisation, with detailed analysis and further assays underway. The company expects to release these results in the coming weeks. The primary aim of the drilling program was to…
Summit Minerals (ASX: SUM) has completed a successful multispectral analysis at its Equador project, identifying 30 priority targets prospective for niobium mineralisation. Led by Dr Neil Pendock of Dirt Exploration, the analysis used Sentinel-2 satellite imagery to map spectral signatures indicative of niobium mineralisation. The targets, strategically located across the project area, correlate closely with historical data, marking a significant step in Summit Minerals' exploration efforts. The analysis revealed multiple high-priority targets, with ground-truthing confirming a strong correlation between spectral data and tourmaline pegmatite occurrences. An upcoming drone magnetic survey will further refine these targets, supporting an efficient drilling campaign…
Titan Minerals Limited (ASX: TTM) has announced significant discoveries of high-grade gold and silver mineralisation at its Dynasty Gold Project in southern Ecuador. Recent exploration efforts have expanded the project's footprint, with rock chip sampling indicating extensive gold and silver mineralisation beyond the existing resources. Recent sampling has revealed impressive rock chip results, with assays showing 8.71 g/t gold and 197 g/t silver at the Papayal prospect, and 8.73 g/t gold at Trapichillo. These findings mark substantial extensions of known mineral zones. The project's 3D geological model has undergone significant expansion and updating, reflecting an improved understanding of the geology.…
Island Passage Development Canada Limited (IPDC) has announced the commencement of a mineral exploration program by its PNG subsidiary, Island Passage Development Limited (IPD), on the EL02 exploration licence in Bougainville, Papua New Guinea. The program, conducted in partnership with Isina Resource Holdings Limited (IRHL), a customary landowner company, marks the first large-scale mineral exploration program on Bougainville outside the special mining lease held by Bougainville Copper Ltd (Rio Tinto – CRA) since 1965. Located in south-central Bougainville in the Crown Prince Range, nine kilometres southeast of the historic Panguna copper-gold mine, the 261 square km EL02 exploration licence is…
American Rare Earths Limited (ASX: ARR) has announced significant progress in the extraction of Rare Earth Elements (REE) from its Halleck Creek project. Collaborative research with the U.S. Department of Energy and Virginia Tech has resulted in innovative metallurgical studies that could revolutionise the economic viability and sustainability of rare earth element mining. Key findings from the studies include: Two peer-reviewed studies confirm the potential for high-grade, economically viable extraction of REEs from the Halleck Creek ore using low-temperature, direct acid leaching techniques. A remarkable recovery rate of 80 per cent of REEs within the first 10 minutes using low-temperature…
Oar Resources Limited (ASX: OAR), an exploration and development company focused on battery and critical minerals, has reported significant progress in its global expansion and financial performance for the first quarter ending 31 March 2024. The company has signed a binding agreement to acquire 100 per cent interest in two Exclusive Prospecting Licences (EPL) located in Namibia's Erongo Region, a well-known uranium mining jurisdiction. This move positions Oar in a major uranium-producing region, enhancing its portfolio with valuable uranium prospects. In Brazil, Oar has expanded its presence by securing pegging applications for uranium and rare earth element (REE) prospects in…
