An ASX-listed junior is looking to expeditiously dual-track its two lithium projects during the coming year, with the Perth-based Future Battery Minerals Ltd (FBM) targeting deposits in both Western Australia and the US state Nevada. In WA, the prize is its wholly-owned Kangaroo Hills, located just 17 kilometres south of the historic gold town of Coolgardie, where a high grade lithium-caesium-tantalum pegmatite discovery has so far returned an assay of 29 metres at 1.36 per cent lithium. Meanwhile, in southern Nevada, the aptly-named Nevada Lithium Project (NLP), in which the junior has an 80 per cent interest, is a large-scale…
Ora Gold Limited has announced a significant update to the mineral resource estimate (MRE) for the Crown Prince Prospect at its flagship Garden Gully Gold Project, located in the heart of the prolific Murchison gold district near Meekatharra, Western Australia. The total resource at Crown Prince has now reached 240,000 ounces of gold at a grade of 4.1g/t Au, a considerable growth from its 2019 estimate. Notably, 68 per cent of these ounces fall within the Indicated JORC category, highlighting the enhanced drill density and improved geological understanding of the prospect. This advancement underscores the prospect's strong open pit mining potential,…
Intra Energy Corporation Limited has begun a comprehensive soil geochemical survey at its Maggie Hays Hill Project in Western Australia's Lake Johnston Province. It marks a significant step in the exploration of historical gold and lithium targets within the project area. Following the acquisition of the Maggie Hays Hill (MHH) lithium and gold project, preliminary rock sampling conducted in December unveiled highly anomalous levels of tantalum, with a maximum of 390 ppm, and niobium, with a maximum of 482 ppm. These findings, reported in an ASX release on 17 January 2024, underscore the potential of the area and necessitate a comprehensive…
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 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…
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…
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…
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…
Alderan Resources Limited (AL8) is gearing up for a Stage 1 diamond drilling program at the New Years prospect, part of its Frisco copper-gold project in Utah, USA. The program, scheduled to commence in June 2024, will consist of four holes totalling 540 metres, with an additional six holes (1,500 metres) planned for Stage 2 pending the results of the initial drilling. The company has also begun soil sampling over the composite New Years magnetic anomaly to extend coverage from the 1960s, with grades up to 0.31% Cu. The anomaly, double the size of the Cactus anomaly, forms part of…
