Australian mining exploration company Zenith Minerals has identified a total of 83 lithium targets at its Split Rocks Lithium Project in Western Australia — following a comprehensive reassessment of both existing and new geochemical data. This is a big increase since the company previously reported 30 targets. The expansion is a result of new surface sample assays, a thorough review of existing soil geochemical data, and a drill data assessment. The targets include the expansive Cielo Lithium Target, measuring over nine kilometres in length and two kilometres in width. This target, previously announced on 9 February 2023, remains untested and has…
Swiss multinational commodity trading and mining company Glencore is currently seeking approval for the company's CTSCo Project, which involves the injection testing of up to 330,000 tonnes of carbon dioxide into a high-flouride, bracking water aquifer at depths of 2.3 kilometres in the Surat Basin over a three-year period. The Surat Basin forms part of the Great Artesian Basin (GAB), which is regarded as Australia’s largest underground water supply. The GAB is an underground water formation which spans a fifth of the nation’s area and is worth $13 billion to the national economy. The project could result in coal waste…
The state government will invest $12.2 million in road upgrades to improve safety, access and efficiency at Southern Ports’ Port of Esperance. Stages 2 and 3 of the Port Roads Improvement Program, a three-year staged program of works to renew essential road infrastructure, will be delivered by this investment. Construction has already begun for Stage 1, which comprises of a $7.4 million upgrade to the sole heavy vehicle access road into the Port of Esperance — Hughes road. WA Ports Minister David Michael said: “Almost all of the Port of Esperance's non-iron ore trade is transported by road, so as…
Australian mineral exploration company — Aurumin Limited — has announced the grant of three significant tenements as part of its esteemed 881koz Au Sandstone project, approximately 520km northeast of Perth. The milestone is a major step forward in the company's Sandstone Operations, which also encompasses the Birrigrin and Johnson Range Projects, collectively amounting to 946koz Au. Aurumin Managing Director Brad Valiukas said: “We are pleased to be solidifying our footprint in the Sandstone region with these tenement grants, these are good, prospective additions to our exploration ground — including directly adjacent to Aurumin’s existing mining tenements. “The company is narrowing…
The new multi-user facility and logistics hub at Lumsden Point in the port of Port Hedland has achieved an early construction milestone, with the completion of the first stage of its seawalls. The WA government is delivering on its commitment to diversify trade in the Pilbara and construction of the second stage is now underway and is expected to reach completion by March 2024. WA Minister for Ports David Michael said the Lumsden Point development is critical to the green transition in Western Australia and around the world, as it will provide import pathways for renewable energy infrastructure and export…
The New South Wales government will commence essential remediation work to improve safety and reduce environmental risks at the historic Lake George Mine site in Captains Flat. Historic mining operations in NSW such as Lake George Mine were not subject to the stringent rehabilitation regulatory requirements in force today. Under contemporary mining regulations, mine operators are required to submit and implement comprehensive rehabilitation plans, lodge security bonds, and progressively remediate sites to limit poor environmental and safety outcomes. NSW Minister for Natural Resources Courtney Houssos said the NSW government is committed to safeguarding the environment and protecting local communities —…
Cauldron Energy’s capital raising initiative has been a resounding success, with applications received for 180,418,788 new shares totalling $1,623,769.09. Following a necessary scale-back, 158,594,777 new shares were allotted, raising a substantial $1.427 million. This figure represents the maximum take-up, with participants also receiving one free attaching option for every three shares subscribed, further bolstering investor engagement and confidence in Cauldron Energy's future. In a significant development, Cauldron Energy has welcomed Parle Investments Pty Ltd as a new substantial shareholder. Parle, known for its savvy investment strategies in the uranium sector, has acquired an 11.55 per cent stake in the company,…
The latest drilling results recently released by Australian-based mineral exploration company — Latin Resources Ltd — from the Colina Deposit and Fog’s Block in Brazil have yielded high-grade lithium, enforcing the project’s Tier One status. Following the previous mineral resource estimate (MRE) in June 2023, an additional 53 holes (23,617 metres) were drilled at the Colina Deposit, and 13 diamond drill holes (4,575.7 metres) at Fog’s Block. Latin Resources Vice President of Operations - Americas Tony Greenaway said: “This latest update represents a solid five months of drilling which was focused on extending the Colina Deposit to the southwest along…
Australia-based mineral exploration company, Mont Royal Resources, has made significant progress in the Phase Two lithium exploration program at the Bohier Lithium Project, situated in the prolific Upper Eastmain Greenstone Belt in Quebec, Canada. The Bohier Lithium Project footprint has expanded through its second lithium exploration phase. The company reported high-grade results from the trenching and channel sampling program, including: 6.05 metres at 1.78 per cent lithium oxide 7 metres at 1.71 per cent lithium oxide 1 metre at 1.97 per cent lithium oxide 18 samples are currently pending results at the Actlabs laboratory facility in Val d’or, Quebec. Preparations…
Mineral exploration company Rincon Resources has made significant progress at its wholly-owned West Arunta project — in Western Australia — as the company has obtained the necessary heritage clearance. This sets the stage for imminent site works and the initiation of a groundbreaking 1,000 metre diamond drilling program at the Pokali IOCG Prospect. With the clearance in place, the team is diligently preparing for the site works, which is scheduled to commence soon, followed closely by the drilling activities. The upcoming drilling program is meticulously designed to include two diamond holes, each extending to a minimum depth of 500 metres.…
ASX-listed technology minerals company Pinnacle Minerals Ltd has mobilised the field team from Quebec-based geological consultants, IOS, to Mirage Outfitters for the execution of fieldwork. This move marks the preparation for the inaugural exploration program at the Adina East Project located in James Bay, Quebec. Pinnacle Minerals Managing Director Nic Matich said: “Pinnacle has secured the services of respected Geological Group IOS Services Géoscientifiques to conduct first pass exploration at the recently acquired Adina East Lithium Project. Having the crew mobilised on site one day after announcing the acquisition highlights the company’s intent to maximise shareholder value through prompt and…
Producer of high-performance titanium products Iperion X Limited has received a Letter of Interest (LOI) from the Export-Import Bank of the United States (EXIM Bank) — offering a provisional equipment finance of US$11.5 million. This finance is intended for the development of IperionX’s Titanium Production Facility located in Halifax County, Virginia, and is repayable over a tenure of seven years. This promising development follows EXIM’s evaluation of IperionX’s project for eligibility under both its ‘China and Transformational Exports Program’ and the ‘Make More in America Initiative’. These schemes are crafted to diminish Chinese dominance in critical sectors while amplifying export-focused…
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…
