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…
St George Mining Limited (ASX:SGQ) has announced significant developments in its exploration efforts at the Myuna Rocks Project in Western Australia's Ravensthorpe region. The project, owned by Lithium Star Pty Ltd (a joint venture between St George Mining and Amperex Technology Limited), has seen its tenure double in scale, now spanning 546 square kilometres. The newly granted Exploration Licences E74/789 and E74/790 have expanded the project's area, with the land package extending over 50 kilometres north-west along a regional greenstone corridor, starting just five kilometres north of the Mt Cattlin Lithium Mine. This corridor hosts active explorers such as Fortescue,…
The Australian government has recently announced a significant investment of up to $840 million in the Arafura rare earths project and a $230 million loan for Liontown Resources. These investments are part of the government's efforts to boost critical minerals projects and strengthen Australia's position in ethical and sustainable manufacturing of rare earths. The investment in the Arafura rare earths project aims to support the development of the Nolans Project, a rare earth mine located north of Alice Springs. The funding package includes $495 million from the Critical Minerals Facility, $200 million from the Northern Australia Infrastructure Facility (NAIF), $115…
It’s possible that a domestically-listed gold explorer, which boasts a not-too-shabby evolving flagship project in Western Australia’s Wheatbelt, may be looking to lithium to help boost its languishing market valuation. No doubt the WA-based junior is also hoping that a farm-in agreement it made back in 2022 with a fellow exploration house will garner some much-needed shareholder interest sometime in the future. When Austgold Ltd (ASX: AUC) presented at Vertical Events’ RIU Explorers Conference in February last year, its share price was around the 0.05 cents mark, giving it a market capitalisation of $105 million. By the same time this…
A West Australian junior involved in a number of exploration projects is confident it has come across an iron oxide-gold-copper (IOCG) deposit in its home state. Late last year, Miramar Resources Ltd (ASX:M2R) said that a review of historical drilling data had “potentially” revealed very significant magnetite iron opportunities at its wholly-owned Whaleshark project, which sits within the Carnarvon Basin in WA’s Ashburton region. Field work conducted in the area by Western Mining Corporation (WMC) in the 1990s whilst exploring for an IOCG intersected significant widths of magnetite-rich banded iron formation (BIF) averaging above 25 per cent iron beneath younger…
Intra Energy Corporation Limited has completed the first phase of exploration on its Llama Lithium Project located in the prolific James Bay region in Québec, Canada. Multiple large-scale pegmatite dykes have been identified with Lithium-Cesium-Tantalum (LCT) affinities including the presence of the minerals beryl and columbite. The first stage program was undertaken by Dahrouge Geological Consulting (DGC) who has mapped approximately 52 kilometres of ground traverses and collected a total of 83 rock samples with the objective of identifying drill targets. [caption id="" align="aligncenter" width="922"] Map of the Llama project, illustrating the location of the 83 rock samples collected, including…
Argentinian high-grade lithium brine developer, Galan Lithium Limited has announced the results of the Phase 2 definitive feasibility study (DFS) for its Hombre Muerto West (HMW) Project in Catamarca Province, Argentina. The initial phase DFS was based on a production level of 5.37 ktpa lithium carbonate equivalent (LCE) in the form of lithium chloride concentrate. The second phase has increased the overall annual production rate to 20,851 recoverable tonnes LCE, contained in a concentrated lithium chloride product for a period of 40 years. The results and analysis confirm Galan’s belief that the HMW Project is a tier one project in…
Blue Star Helium Limited’s on-site preparation for the Voyager development processing facility is making progress, with the company’s earth works contractor currently working on the site preparation necessary for the IACX helium recovery unit to be deployed at Voyager in Colorado. The site requires a substantial pad and part of the site will also serve as a base of operations for ongoing helium exploration and development. We are pleased to have partnered with a nearby mineral leaseholder and surface owner for the needed base gravel. Additionally, road access work including heavy vehicle upgrades is progressing well. In November 2021, the…
Fortune Minerals Limited and Rio Tinto are collaborating to develop technology that will improve recovery of the critical minerals cobalt and bismuth. Under a Memorandum of Understanding signed between the companies, testing will be done at Rio Tinto Kennecott’s integrated copper mining and smelting operations in Utah and at Fortune’s planned Alberta Refinery. The partnership aims to maximise the value of critical mineral supply chain investments and increase Fortune’s planned cobalt and bismuth refining operations to process co-product streams of the minerals recovered from the Kennecott smelter. In 2020, the Canadian and U.S. governments signed a Joint Action Plan on…
Basin Energy Limited successfully completed a 3D inversion of historical geophysical datasets at its Marshall Uranium Project, situated in the southeastern region of the globally renowned Athabasca Basin in Canada. The analysis has led to the identification of multiple priority anomalies, located both above and below the Athabasca unconformity, present in both the sandstone and basement stratigraphy at Marshall. The company says the recent geophysical analysis has been particularly enlightening, especially considering the limited exploration previously conducted on these tenements. Basin’s Managing Director, Pete Moorhouse, commented: “Basin has continued advancing the Marshall Project through the reprocessing of historic geophysical data…
Loyal Lithium Limited has signed a Memorandum of Understanding (MOU) with Winsome Resources to foster collaboration aimed at minimising the environmental and local footprint of exploration and mining activities in the Trieste greenstone region of Québec, Canada. Loyal Lithium Managing Director Adam Ritchie said: “This collaboration MOU with Winsome Resources simply formalises the cooperative spirit within the mining industry. As Loyal progresses with more advanced exploration at the Trieste Lithium Project our commitment to minimise environment and stakeholder impacts is critical. “With many alternative lithium sources available globally, collaboration is essential to ensure a cost-effective domestic lithium supply is realised.…
Alderan Resources Limited has executed a binding share sale agreement to acquire 100 per cent of the issued capital in Parabolic Lithium Pty Ltd. Parabolic has the right to acquire a 100 per cent interest in seven lithium exploration projects in the mineral resource rich state of Minas Gerais, Brazil. The seven projects cover 472 square kilometres and consist of 24 granted exploration licences in seven project areas — Curral de Dentro, Minas Novas, Carai, Catuji, Itaipe, Itambacuri and Governador Valadares. All projects are located in and immediately to the south of the area known as ‘Lithium Valley’ in the…
