Aurumin Limited (ASX: AUN) has completed drilling at its 100 per cent owned Central Sandstone Project, located 520 kilometres northeast of Perth. The project is part of Aurumin's Sandstone Operations, which also include the Birrigrin and Johnson Range Projects, boasting a total resource of 946koz Au. The drilling campaign, conducted with Reverse Circulation (RC) methods, comprised 38 holes and 3888 metres drilled. The primary objectives of the drilling were to test seven new open pit targets and to investigate extensions at two existing open pit resources. The drilling targeted multiple depositional models and styles, including porphyry/intrusive hosted vein style, banded…
Intra Energy Corporation Limited (IEC), an environmentally responsible mining and energy group, has announced compelling lithium, tantalum, niobium, caesium, and tin assays from rock chip sampling at the Maggie Hays Hill (MHH) project. These results significantly enhance the project's lithium prospectivity and validate IEC's exploration strategy. The latest round of sampling, conducted over the most prospective section of outcropping pegmatites, revealed averaged lithium assays of 503 ppm, indicating the presence of lithium-rich pegmatites. Additionally, encouraging caesium and tantalum values, with average assays of 139 ppm and 107 ppm respectively, suggest the potential for multiple mineralisation targets. These findings, along with…
Aurumin Limited (ASX: AUN) has initiated a significant drilling campaign at its Central Sandstone Project in Western Australia. This project, which is wholly owned by Aurumin, represents a crucial step forward in the exploration and development of its Sandstone Operations. The Central Sandstone Project is located 520 kilometres northeast of Perth and boasts an impressive 881,000 ounces of gold (Au), contributing to the company's total resource of 946,000 ounces of gold across its Sandstone Operations, which also include the Birrigrin and Johnson Range projects. The ambitious drilling program aims to test up to nine new open pit targets, with plans to…
Gold Road Resources Limited (ASX: GOR), a gold production and exploration company, has issued a production update in response to significant rainfall affecting operations at the Gruyere gold mine — located in Western Australia's north-eastern Goldfields. The Gruyere gold mine is a joint venture (JV) between Gold Road Resources and Gold Fields (JSE: GFI), with each holding a 50 per cent interest. Gold Fields manages and operates the mine, while Gold Road Resources maintains a significant investment portfolio. Following substantial and prolonged rainfall in early March, the region experienced further significant and atypical rainfall in the second half of the…
Litchfield Minerals Limited (ASX: LMS), a critical mineral explorer, has discovered new copper-tungsten targets at its Wolfram Hill Prospect within the Mount Doreen Exploration Licence (EL 31305) in the Northern Territory. This discovery, resulting from comprehensive Induced Polarisation (IP) surveys conducted in March 2024, marks a major milestone in the exploration of this site. The recent IP survey has identified two large and highly promising chargeability targets located to the north and south of the existing mineralised zones. These findings suggest the potential for substantial extensions of the known mineralised reef at depth and along the strike to both the…
Intra Energy Corporation Limited (ASX: IEC) has announced the discovery of significant lithium anomalies at its Maggie Hays Hill (MHH) project in Western Australia's Lake Johnston Greenstone Belt. This discovery places the company at the forefront of lithium exploration, with the potential to impact the global lithium supply chain. A recent soil sampling program revealed two major lithium anomalies, with the primary anomaly stretching over 2,500 metres in length and 300 metres in width. The secondary anomaly measures 1,300 metres by 300 metres. These anomalies are notable for their high lithium values, reaching up to 248ppm Li2O, and are associated with tantalum and caesium, elements indicative of highly prospective…
Ora Gold Limited (ASX: OAU) has announced promising initial assay results from its 2024 RC drilling program at the Crown Prince Prospect within the Garden Gully Gold Project in Western Australia. The results, particularly from the Southeastern Zone (SEZ), highlight significant high-grade gold mineralisation, marking a significant step forward in the exploration of this key growth area. The drilling campaign, initiated in early February 2024, has yielded encouraging results, including an exceptional intercept from drill hole OGGRC662 — 15 metres at 9.91g/t Au from 88 metres, with a higher-grade section of two metres at 54.17g/t Au from 100 metres. Other…
Australian Strategic Materials (ASM) has produced nine kilograms of the key permanent magnet alloy Neodymium Praeseodymium (NdPr) at its commercial pilot plant in South Korea. ASM is now progressing an agreement with the Korea Institute of Industrial Technology (KITECH) to produce a sample 600kg of permanent magnets for Korean industry. ASM’s production of titanium and key permanent magnet metals, using its patented high purity metallisation process, has resulted in 'continued interest' from leading Korean companies and government organisations. This has led to ASM acquiring its joint venture partner, Zirconium Technology Corporation (Ziron Tech), to continue the development of their clean…
Eagle Mountain Mining Limited is about to commence its planned exploration program at its 80 per cent owned Oracle Ridge Project near Tucson, Arizona. An initial diamond drilling program for approximately 2,000 metres is expected to commence in the coming days, with the drilling contract awarded to international drilling company, Boart Longyear. The drill rig is currently undergoing regular servicing and is planned to mobilise to site in the next few days. Site access, services and initial drill pads are in place for drilling. The initial drilling program will target extensions to high-grade portions of the existing Mineral Resource Estimate…
Mayur Resources Limited’s Central Cement and Lime Project (CCL) in Papua New Guinea (PNG) has taken a large step closer to development, with the PNG Government recently granting the project a 20-year mining lease. This grant is the final statutory approval required to allow construction to commence on the vertically integrated manufacturing facility, located 25 kilometres north-west of Port Moresby, which has the potential to meet 100 per cent of PNG’s cement, clinker and quicklime requirements. The project’s co-located quarry, plant site and deep draft wharf are expected to enable low operating costs while providing direct access to both seaborne…
Rio Tinto has approved an additional investment of almost $200 million to progress the next stage of the development of the lithium-borate Jadar project in Serbia. This will primarily fund the feasibility study, including the completion of detailed engineering designs, as well as permitting and land acquisition by the end of 2021, in line with the initial project schedule. Rio Tinto Energy & Minerals Chief Executive Bold Baatar said the project pipeline is an important part of the company’s vision to pursue opportunities which are part of the transition to a low-carbon future. “We look forward to working closely with…
Australian critical minerals company, Lynas Corporation Limited, has advised that Phase 1 work on a heavy rare earth separation facility in Texas has advanced to the contract phase and that Lynas and the U.S. Department of Defense (DoD) have signed a contract for this work. Phase 1 funding provided by the DoD will enable Lynas and its U.S. partner Blue Line to complete a detailed market and strategy study as well as detailed planning and design work for the construction of a heavy rare earth separation facility. In line with DoD Phase 1 milestones, Lynas expects this work to be…
Endeavour Mining has made further success from its ongoing exploration program at the La Plaque discovery, part of its flagship Ity mine in Côte d’Ivoire, West Africa, with a 43 per cent increase in Le Plaque’s Indicated resource and the confirmation of mineralisation for seven additional nearby targets. In the first half of 2020, exploration efforts continued to be focused on the Floleu license, located only 6km south of the processing plant, which hosts the Le Plaque discovery, with a total of 67,195 metres drilled. This amounts to 188,600 metres drilled on the licence since the discovery was made in…
Rio Tinto will soon commence planning for the wind-down of operations and the eventual closure of New Zealand Aluminium Smelters (NZAS) following the conclusion of its strategic review which highlighted that the business is no longer viable given high energy costs and a challenging outlook for the Aluminum industry. As a result, NZAS has given Meridian Energy Limited notice to terminate the power contract, which will end in August 2021, when the wind-down of operations is expected to complete. The strategic review concluded that the smelter, which has made Rio Tinto an underlying loss of NZ$46m in 2019, is not…
