Iron ore continues to be a significant part of Tasmania’s mineral landscape, with the state’s leading operation undergoing some expansion works to ensure it maintains its annual production of two million-plus tonnes of magnetite concentrate. Meanwhile, a short-lived project to the south is ready to recommence mining once economic conditions improve. Located 60 kilometres southwest of Burnie, Grange Resources Ltd’s (ASX:GRR) Savage River has been subjected to a definitive feasibility study (DFS) into underground extraction below the north pit and its integration with the company’s current open-cut operation. According to the miner this document has revealed some robust financial outcomes.…
Ardea Resources Limited has partnered with Sumitomo Metal Mining Co., Ltd (SMM) and Mitsubishi Corporation (MC) to form a 50:50 incorporated joint venture named Kalgoorlie Nickel Pty Ltd (KNPL) for the development of the Kalgoorlie Nickel Project (KNP) - Goongarrie Hub in Western Australia. Under the terms of the Cooperation Agreement, the Consortium, Ardea, and KNPL will jointly fund and conduct the Definitive Feasibility Study (DFS), with the Consortium funding 100 per cent of the DFS costs up to the agreed budget of approximately $98.5 million. Additionally, the Consortium will assist KNPL in optimising debt financing to earn an ultimate…
Northern Minerals Limited (NTU), a key player in heavy rare earth (HRE) exploration and development, has announced the reception of high-grade assay results from ongoing mineral resource definition drilling at the Wolverine deposit within the Browns Range Project in Western Australia. The latest assay results validate the presence of wide and high-grade mineralised intervals across the Wolverine deposit, which remains open at depth. Notable new intercepts include 15.6 metres at 9.99 per cent Total Rare Earth Oxides (TREO) from a depth of 428.20 metres, alongside other substantial intercepts that highlight consistent mineralisation throughout the targeted areas. The primary objective of…
Aurumin Limited (AUN) has expanded its flagship Sandstone Gold Operations with the acquisition of five new exploration tenements. This addition reinforces Aurumin’s presence in the prolific Youanmi Terrane, located 520 kilometres northeast of Perth, as part of the company's 100 per cent owned 946 koz Au Central Sandstone Project. The newly acquired tenements, spanning an additional 60 square kilometres, include historical workings and well-defined mineralisation trends, which are key to Aurumin's ongoing development strategy. These tenements are poised to enhance the company's exploration capabilities and drive significant value for stakeholders. Aurumin Managing Director Brad Valiukas stated: “After repositioning the company…
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…
WA Regional Development Minister Don Punch recently revealed a cutting-edge robotic welding assistant at MAS Equipment's West Kalgoorlie workshop. The innovative 'Cobot,' supported by the Regional Economic Development (RED) Grant program, is set to revolutionise the business's capacity to service the mining industry in the Goldfields while enhancing safety, productivity, and job opportunities. The 'Cobot' is designed to perform a variety of welding tasks with precision and efficiency, ensuring high-quality manufacturing and production for clients. This new technology will not only increase MAS Equipment's competitiveness in the industry but also contribute to the upskilling of workers, making the mining sector…
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…
Mont Royal Resources Limited has unveiled its initial exploration findings from the first phase of the lithium exploration program at the renowned Northern Lights Projects, located in the prolific Upper Eastmain Greenstone Belt in Quebec, Canada. Exploration achievements have been realised by the company across two distinct territories for both the Boheir and Léran projects. Boheir project discoveries include the identification of outcropping Spodumene-bearing pegmatitesin the South-West corner of the property, specifically in two outcrops — 30 square metres and 45 square metres, spaced 16 metres apart. These are situated in a substantial 500 metres-wide greenstone unit that stretches 15…
Resource exploration company Loyal Lithium Limited announced the company’s plans to commence an initial drilling program at its Trieste Lithium Project towards the end of September 2023. The drilling will target Dyke #01, a large, prominent weather-resistant outcrop ridge with a mapped surface expression of 4,000 square metres with an approximate length of 200 metres and an apparent maximum width up to 35 metres. Dyke #01 is the largest outcrop by surface area and topographic prominence of the five spodumene-bearing pegmatite dykes discovered during the recent field mapping and sits within a 400 metres long zone of interest. The drill…
Exploration and development company Toubani Resources has announced the appointment of Lycopodium Minerals as the engineering lead for the Definitive Feasibility Study Update (DFS Update) of the company’s Koboda Gold Project in southern Mali. Lycopodium’s primary role will be to optimise the processing flowsheet, plant design and both capital and operating estimates for the DFS Update. The company will work closely with Toubani’s team to manage the study update and together both companies aim to optimise an initial oxide phase, evaluating the potential for an increased processing rate, which could later lead to a boost in annual gold production. The…
Field mapping activities at Loyal Lithium’s Hidden Lake Lithium Project in Canada has resulted in the discovery of an additional six spodumene bearing pegmatite zones. The team stationed at the Yellowknife Lithium Belt in the Northwest Territories have collected samples for urgent assay analysis to help identify high priority targets and inclusion for the company's upcoming Canadian winter drill program. The new Hidden Lake Lithium Project update combined with the recently announced pegmatite findings at the Trieste Lithium Project has further enhanced the strength of the company’s portfolio as Loyal Lithium currently has two potentially world-class spodumene assets in North…
