Pinnacle Minerals Ltd (ASX: PIM) has announced the approval and scheduling of a significant drilling program at the Capel Mineral Sands Project in Western Australia. The program, comprising 93 air core drilling holes over approximately 2,000 metres, is set to begin on 20 May 2024. The Capel project, a brownfield heavy mineral (HM) exploration site, has already shown promising shallow mineralisation in previous drilling efforts by Iluka Resources. Noteworthy results include a mineralisation of 21 metres at 3.3 per cent HM from the surface, including 9 metres at 6.1 per cent HM from 11 metres depth. The project is strategically…
Alliance Nickel Limited (ASX:AXN) has announced that its NiWest Nickel Cobalt Project has been granted Major Project Status (MPS) by the Australian federal government. The project, located near Leonora, WA, is 100 per cent owned by Alliance and is considered strategically significant, with the potential to significantly contribute to Australia's economic growth and employment opportunities. The NiWest Project, boasting one of Australia's highest-grade undeveloped nickel laterite mineral resources, is targeting annual production of 90,000 tonnes of nickel sulphate and 7,000 tonnes of cobalt sulphate. The project is expected to create approximately 600 jobs during the construction phase and an additional…
Victory Metals Limited (ASX: VTM) has announced a significant milestone in Australia's mining sector with groundbreaking metallurgical recoveries of critical magnet metals at its North Stanmore Project in Western Australia. Achieving an exceptional recovery rate of 93 per cent, the results set a new benchmark in the rare earth sector and position North Stanmore as a leader in Australia’s critical minerals landscape. The recent leach tests conducted on beneficiated samples showcased remarkable recoveries of Praseodymium (Pr), Neodymium (Nd), Terbium (Tb), and Dysprosium (Dy). These high-purity elements are integral to advanced technological applications, including renewable energy solutions and electronic devices. Utilising…
St George Mining (ASX: SGQ) has unveiled promising new targets at its wholly-owned Destiny project in Western Australia's Eastern Goldfields region. The exploration efforts have identified potential carbonatites and mafic intrusions, raising the prospect of hosting niobium (Nb), rare earth elements (REE), or nickel-copper-PGE mineralisation. A gravity survey program conducted by St George over six prominent magnetic features at the Destiny project has yielded significant results. Four of the six magnetic features have shown a high-gravity signature, suggesting they could be intrusions such as carbonatites or mafic intrusions, both known globally for hosting valuable mineralisation. These features, ranging from 0.9km…
The Queensland government has granted mining leases for a significant phosphate mine in northwest Queensland, marking a major step forward for the region's economy. North West Phosphate's Paradise South complex, located 130 kilometres northwest of Mount Isa, has been given approval, with expectations to create substantial employment opportunities and boost the local economy. The project is anticipated to generate 200 jobs during the construction phase and employ 245 workers once operational. North West Phosphate has committed to utilising local services, providing a further economic boost to northwest Queensland. Phosphorous, a key product of the mine, is essential for fertiliser production…
Rincon Resources Limited (ASX: RCR) has reported a significant breakthrough in its exploration activities at the West Arunta Project, with recent diamond drilling confirming the presence of Iron Oxide Copper Gold (IOCG)-style mineralisation. The company's second diamond drill hole at the Pokali prospect, labelled '24WADD002,' has intersected multiple zones with moderate to intense magnetite alteration, along with quartz and sulphide veining containing copper sulphides such as chalcopyrite, bornite, and traces of native copper and rare visible gold. These findings suggest the potential for a major IOCG deposit within the Pokali area. The drill core is currently being transported to Perth…
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.…
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…
