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…
Australian precious metals mining exploration company, Prospech Limited, has received 18 rock chip samples taken from outcrop and spoil heaps, located within the company’s Pukanec exploration licence, which is part of its 100 per cent owned Nova Bana project in Slovakia. Prospech’s Nova Bana project is a package of three licences totalling 45 square kilometres situated on the western flank of the Hodrusa caldera. Of the 18 rock chip samples assayed, the company outlined that eight returned gold grades over 1 grams per tonne (g/t) of gold (Au) and of these, the average was 12.1 g/t Au. 10 of the…
Rafaella Resources Limited has contracted Geotech Limited to conduct a helicopter-borne survey over the recently acquired Midrim and Laforce claims in the Belleterre-Angliers Greenstone Belt in Quebec, Canada. The survey is anticipated to commence early next month and, subject to weather conditions, should take two weeks to complete. Rafaella states that the Versatile Time-Domain Electromagnetic (VTEM™ Max) combined with Groundfloor EM is excellent for locating discrete conductive anomalies as well as mapping lateral and vertical variations in resistivity. The VTEM™ Max provides the industry’s highest signal/noise ratio and spatial resolution of conductors, offering excellent depth of penetration and high resolution.…
In December 2020, Syrah Resources Limited announced a Memorandum of Understanding (MoU) with global solar power company, Solar Century Africa Limited, to progress a solar and battery storage hybrid power system at the Balama Graphite Project in Mozambique. The solar and battery storage system aims to reduce CO2 emissions and operating costs at Balama, which is the largest integrated natural graphite mine and processing plant globally as measured by annual flake concentrate production capacity. Syrah Managing Director and CEO, Shaun Verner, said: “Progression of a large-scale solar and battery installation will reduce the operating cost base at Balama and further…
Eagle Mountain Mining Limited has announced further assay results from its recent drilling program at the company’s 80 per cent owned Oracle Ridge Mine Project in Arizona, USA. Assay results from selected zones within drill holes WT-20-06, WT-20-07, WT-20-09, WT-20-11 have been received and were reported in an announcement on 18 December 2020. Initial observations from hole WT-20-10 were also provided. Notably, WT-20-06 lead to the discovery of quartz-breccia grading 6.67 per cent copper (Cu), 63.5 grams per tonne (g/t) silver (Ag) and 0.87 g/t of gold (Au) over 2.95 metres at 210 metres downhole. The company advised that a wide…
This week the Innu communities of Uashat mak Mani-utenam and Matimekush-Lac John signed a Reconciliation and Collaboration Agreement with the Iron Ore Company of Canada (IOC). The agreement was named 'Ussiniun', which means 'renewal' in the Innu language. The Iron Ore Company of Canada (IOC) is a joint venture between Rio Tinto (58.7 per cent), Mitsubishi (26.2 per cent) and the Labrador Iron Ore Royalty Income Corporation (15.1 per cent). The IOC’s operations are integrated across a mine and processing plant in Labrador City, Newfoundland and Labrador; a port and stockpile in Sept-Iles, Quebec; and a 418-kilometre railway that joins…
The Pebble Limited Partnership (PLP) is proposing to develop the Pebble copper-gold-molybdenum porphyry deposit (Pebble Deposit) in southwest Alaska as an open-pit mine, with associated infrastructure. On 25 November 2020, Pebble Partnership CEO, John Shively, issued a statement regarding the decision by the U.S. Army Corps of Engineers (USACE) to deny the Clean Water Act 404 permit for the project. The proposed mine would have been located 100 air miles and 230 river miles from Bristol Bay, the world’s most productive salmon fishery, which generates US$1.5 billion in annual revenue and 14,000 jobs. Salmon have also sustained the subsistence culture…
Specialty metals explorer and developer Pan Asia Metals Limited has provided an update on the drilling program at the Khao Soon Tungsten Project (KSTP) located in southern Thailand. KSTP is one of PAM’s key assets and a significant historical producer. Modern exploration has discovered potentially world-class, district-scale tungsten mineralisation across numerous prospects. PAM outlines that reconnaissance diamond drilling conducted by the company has intersected robust widths and grades associated with strong surface anomalies, from which Exploration Targets have been estimated. PAM has completed 11 holes for a total of 880m over both prospects. At the Target 2 Prospect, nine holes…
