Projects
Victory Metals Limited has today announced the results of its recent metallurgical test work conducted on the North Stanmore Rare Earth Element (REE)Project — situated 10 kilometres north of Cue, Western Australia. The optimised mixed rare earth carbonate metallurgy concentrate from North Stanmore has shown great proportions of dysprosium (Dy) and terbium (Tb), with Dy constituting 73.6 per cent and Tb 10 per cent of the concentrate. This composition contrasts with the figures from the commissioning Serra Verde, Pela Ema Project mixed REE concentrate product — which contains 9.4 per cent Dy and 1.6 per cent Tb. Victory Metals said…
Intra Energy acquires prospective WA lithium project
Intra Energy Corporation Limited has acquired an 80 per cent interest in the Maggie Hays Hill lithium project (MHH Project) in the prolific Lake Johnston region of Western Australia. Intra Energy Corporation Chairman Graeme Robertson stated: “The acquisition of the MHH Project opens the exciting opportunity to IEC for advanced exploration for lithium, gold, and nickel in the well-known Maggie Hays Hill area of southern Western Australia. “Initial work done by IEC and historical exploration has identified visible outcropping pegmatites with recently discovered spodumene deposits to the south providing potential for lithium. ”As this is a more advanced area than…
Progress made on Lake Maitland Uranium Project extension study
Toro Energy Limited has issued an update that its extension study to the proposed Lake Maitland Uranium-Vanadium operation — located approximately 105 kilometres southeast of the Wiluna township in Western Australia and 730 kilometres northeast of Perth. The study involves the evaluation of the incorporation of material from Toro’s 100 per cent owned Lake Way and Centipede-Millipede uranium deposits into a proposed processing operation at Lake Maitland. Toro Energy Executive Chairman Richard Homsany said: “The uranium resources at Lake Way and Centipede-Millipede are strategically located and considerable, and need to be thoroughly evaluated for viability. “The inclusion of additional material…
Operations to cease at Savannah Nickel Project
Panoramic Resources Limited appointed administrators have determined that operations at the company’s Savannah Nickel Project in the Kimberley region of Western Australia are to be suspended after in-depth discussions with major creditors, key suppliers and other stakeholders. This decision comes after a recent shipment of approximately 10,000 tonnes of nickel concentrate on 3 January 2024 — however, nickel prices have continued to decrease. As a consequence of this decision, the majority of the c.140 Panoramic staff on-site at the Savannah Nickel Project will face redundancy. Employees with unpaid accrued entitlements are creditors in a voluntary administration of a company with…
Zenith regains full ownership of WA lithium assets
Zenith Minerals Limited has resumed 100 per cent ownership over its two significant lithium projects — the Split Rocks Lithium Project and the Waratah Well Lithium Project — in Western Australia. Zenith Managing Director Michael Clifford said: “Regaining full control of our key lithium assets in Western Australia is a crucial step forward. “Our technical team has made significant progress at both Split Rocks and Waratah Well without drilling this past year, highlighting the untapped potential of these projects. “As we move into an extensive exploration campaign for 2024, our focus remains on strategic growth and the continuous enhancement of…
Junior miner strengthens its Pilbara holdings
There is no doubt the West Australian-based GreenTech Metals Ltd (ASX: GRE) will generate excitement amongst lithium investors at Vertical Events’ approaching 2024 RIU Explorers Conference in Fremantle. This interest will not just come from the recent results of the diamond drilling the company conducted at its wholly-owned Ruth Well project, but also on the work it has carried out at its Osborne joint venture with Artemis Resources Ltd (ASX: ARV), both of which are located in the iron ore hub of WA’s Pilbara. Late last year GRE announced the Northern LCT pegmatite (Kobe), which sits within both Ruth Well…
Mining operations commence at 5E Boron Americas Complex
Boron and lithium company — 5E Advanced Materials, Inc. — has officially begun mining operations at its 5E Boron Americas Complex with the startup of the wellfield injection process. The company is now working under its EPA UIC permit to extract valuable minerals from its wholly-owned project at Fort Cady. Following the recent announcement of its operational plan, the company has now begun wellfield operations to complete outstanding operational items at the facility in parallel. 5E expects to begin lab production in the short term and production of boric acid and lithium carbonate from the small-scale facility by the end…
Halleck Creek Project shows strong potential
American Rare Earths (ASX: ARR | OTCQX: ARRNF and AMRRY) has released the findings of the Halleck Creek Scoping Study Technical Report by Stantec Consulting Services Inc., highlighting the project's potential as a low-cost, scalable, and world-class rare earth elements (REE) venture in Wyoming, USA. The study projects an attractive NPV8 of US$673.9 million and NPV10 of US$505.1 million (pre-tax), with an IRR of 22.5 per cent and a 2.9-year payback period based on a three million tonnes per annum (Mtpa) operating scenario. Initial capital expenditure is estimated at US$456.1 million, including a US$76 million contingency. The life of mine…
ARR files exploration licence for Halleck Creek project
In a move to accelerate the Halleck Creek project, American Rare Earths (ARR) has successfully filed a Licence to Explore for Minerals by Dozing with the Wyoming Department of Environmental Quality in the US. This application is a critical step towards initiating test mining operations, as the company seeks approval for two test pits at the Cowboy State Mine site. The test mining is aimed at securing the necessary ore volumes for processing at a pilot facility, setting the stage for the future scaling of an operable mine and processing unit at Halleck Creek. American Rare Earths CEO Donald Swartz…
Drilling contractor appointed for Prairie Lithium Project
Arizona Lithium Limited has selected Rhythm Engineering Inc. to oversee the drilling and completion engineering and supervision services for its Prairie Lithium Project's upcoming drilling program in Canada. It follows a comprehensive proposal review from the company and marks a pivotal milestone in Arizona Lithium Limited’s project located in Saskatchewan, Canada; which is one of Arizona Lithium's key ventures alongside the Big Sandy Lithium Project. The exploration initiative will focus on drilling into the Dawson Bay and Souris River Formations, two deeper zones identified as prospective for enriched lithium brine. These formations, lying below the Duperow formation, have not been…
Pond 1 maiden filling begins at Hombre Muerto West
ASX-listed lithium exploration and development company — Galan Lithium Limited — has provided an updated on the progress of its Hombre Muerto West (HMW) Phase 1 lithium brine project in Argentina. The company is now on track to commence lithium chloride production in the first half of 2025. Galan Lithium Limited Managing Director Juan Pablo (JP) Vargas de la Vega stated: “We are taking advantage of the summer season whereby a buffer wall has been installed at the one third mark of Pond 1. “The initial partial evaporation process will commence in approximately 14 days with the full fill of…
American Rare Earths shares latest metallurgical results
American Rare Earths has revealed significant breakthroughs in metallurgical technology as part of the SynBREE project. The project, a consortium led by Lawrence Livermore National Laboratory (LLNL), is part of the Environmental Microbes as a BioEngineering Resource (EMBER) program within the Defense Advanced Research Projects Agency (DARPA), a U.S. Department of Defense agency. The groundbreaking results include the successful preconcentration of Halleck Creek ore to 3.5% Total Rare Earth Oxide (TREO) at a 12:1 upgrade ratio. This achievement represents a remarkable approximately 200 per cent increase from the existing flowsheet design, utilising cost-effective and conventional Dense Medium Separation (DMS) techniques.…
Pathway to doré for Hualilan gold-silver deposit
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…
High grade assays found at Colina Deposit in Brazil
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…