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.…
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…
Galan Lithium Limited has today announced the commencement of full Phase 1 pond construction at the Hombre Muerto West (HMV) lithium brine project in Argentina — with the first fleet of earthmoving equipment mobilised and active on-site. This marks the company’s pivotal step towards achieving a production capabity of 5.4 kilo-tonnes per annum lithium carbonate equivalent (LCE) by the first half of 2025. The company aims to complete the construction, lining and filling of the first 205,000 square metre pond by the first quarter of 2024 in order to initiate the evaporation path to production during the summer months. Other…
Summit Minerals Limited’s recently conducted comprehensive satellite and radar survey at the Castor Lithium Project in Canada has identified lithium-bearing minerals at over 100 potential targets for exploration activities. Following this, subsequent field investigations will be conducted through rock fragmentation and mapping at the Quebec, Canada site. Summit Minerals Limited has employed Sentinel and Radar imagery for the analysis in order to accelerate and hone exploration targeting while the company waits for fire restrictions to lift on the site. The new lithium targets showcase the presence of Sentinel and ALOS-1 footprints, historical rock geochemistry and unique geological features at the…
Summit Minerals Limited (ASX:SUM) has begun a maiden field program at the prospective Ahmed Antimony Project in Morocco. The maiden field program includes stream sediment sampling, geological mapping, and rock chip sampling. It is designed to map the primary structural control on, and determine the prospective extents of mineralisation at Ahmed, helping to refine the company’s drill targets and provide the framework within which more expansive exploration will develop. The field teams’ immediate focus is on the known mineralisation identified through the historical trenches and workings within the Project area. The company’s Moroccan partner, Ashgill Morocco, will manage the field…
