Ora Gold Limited has announced a significant update to the mineral resource estimate (MRE) for the Crown Prince Prospect at its flagship Garden Gully Gold Project, located in the heart of the prolific Murchison gold district near Meekatharra, Western Australia. The total resource at Crown Prince has now reached 240,000 ounces of gold at a grade of 4.1g/t Au, a considerable growth from its 2019 estimate. Notably, 68 per cent of these ounces fall within the Indicated JORC category, highlighting the enhanced drill density and improved geological understanding of the prospect. This advancement underscores the prospect's strong open pit mining potential,…
Intra Energy Corporation Limited has begun a comprehensive soil geochemical survey at its Maggie Hays Hill Project in Western Australia's Lake Johnston Province. It marks a significant step in the exploration of historical gold and lithium targets within the project area. Following the acquisition of the Maggie Hays Hill (MHH) lithium and gold project, preliminary rock sampling conducted in December unveiled highly anomalous levels of tantalum, with a maximum of 390 ppm, and niobium, with a maximum of 482 ppm. These findings, reported in an ASX release on 17 January 2024, underscore the potential of the area and necessitate a comprehensive…
Victory Metals Limited has today announced the results of its recent metallurgical test work conducted on the North Stanmore Rare Earth Element (REE)Project — situated 10 kilometres north of Cue, Western Australia. The optimised mixed rare earth carbonate metallurgy concentrate from North Stanmore has shown great proportions of dysprosium (Dy) and terbium (Tb), with Dy constituting 73.6 per cent and Tb 10 per cent of the concentrate. This composition contrasts with the figures from the commissioning Serra Verde, Pela Ema Project mixed REE concentrate product — which contains 9.4 per cent Dy and 1.6 per cent Tb. Victory Metals said…
Intra Energy Corporation Limited has acquired an 80 per cent interest in the Maggie Hays Hill lithium project (MHH Project) in the prolific Lake Johnston region of Western Australia. Intra Energy Corporation Chairman Graeme Robertson stated: “The acquisition of the MHH Project opens the exciting opportunity to IEC for advanced exploration for lithium, gold, and nickel in the well-known Maggie Hays Hill area of southern Western Australia. “Initial work done by IEC and historical exploration has identified visible outcropping pegmatites with recently discovered spodumene deposits to the south providing potential for lithium. ”As this is a more advanced area than…
Toro Energy Limited has issued an update that its extension study to the proposed Lake Maitland Uranium-Vanadium operation — located approximately 105 kilometres southeast of the Wiluna township in Western Australia and 730 kilometres northeast of Perth. The study involves the evaluation of the incorporation of material from Toro’s 100 per cent owned Lake Way and Centipede-Millipede uranium deposits into a proposed processing operation at Lake Maitland. Toro Energy Executive Chairman Richard Homsany said: “The uranium resources at Lake Way and Centipede-Millipede are strategically located and considerable, and need to be thoroughly evaluated for viability. “The inclusion of additional material…
Panoramic Resources Limited appointed administrators have determined that operations at the company’s Savannah Nickel Project in the Kimberley region of Western Australia are to be suspended after in-depth discussions with major creditors, key suppliers and other stakeholders. This decision comes after a recent shipment of approximately 10,000 tonnes of nickel concentrate on 3 January 2024 — however, nickel prices have continued to decrease. As a consequence of this decision, the majority of the c.140 Panoramic staff on-site at the Savannah Nickel Project will face redundancy. Employees with unpaid accrued entitlements are creditors in a voluntary administration of a company with…
Zenith Minerals Limited has resumed 100 per cent ownership over its two significant lithium projects — the Split Rocks Lithium Project and the Waratah Well Lithium Project — in Western Australia. Zenith Managing Director Michael Clifford said: “Regaining full control of our key lithium assets in Western Australia is a crucial step forward. “Our technical team has made significant progress at both Split Rocks and Waratah Well without drilling this past year, highlighting the untapped potential of these projects. “As we move into an extensive exploration campaign for 2024, our focus remains on strategic growth and the continuous enhancement of…
Pantera Minerals Limited (PFE), a key player in the exploration and development of lithium resources, is poised to capitalise on the growing demand for lithium in the United States. The surge in demand, driven by the increasing adoption of electric vehicles (EVs) and renewable energy storage solutions, presents a significant opportunity for Pantera. A recent article by Fastmarkets highlighted the critical role of lithium in the green energy revolution. As the US transitions to a cleaner energy future, lithium-ion batteries are becoming essential for powering EVs, grid-scale energy storage systems, and other applications. Fastmarkets forecasts a substantial growth in US…
Critical mineral explorer, Litchfield Minerals Limited (ASX: LMS), has announced the discovery of several new chargeability targets at the historic Mount Irene Mine in Canada. The findings, revealed after a successful Gradient Array Induced Polarisation (GAIP) survey in March 2024, signify a significant breakthrough in the company's exploration efforts. The GAIP survey, known for its precision and depth, has identified multiple new chargeability targets extending towards the northwest (NW) of Mount Irene. These targets indicate the potential for substantial extensions to the known mineralised reefs, opening new avenues for exploration and development. Among the key highlights of the GAIP survey…
Alderan Resources Limited (ASX: AL8) is making significant progress in its exploration efforts, with updates on its copper exploration project in Utah, USA, and its lithium projects in Minas Gerais, Brazil. Utah Copper Exploration: Preparations for drilling at the New Years copper-gold prospect in Utah's Frisco project are proceeding rapidly. The company is finalising the precise locations and orientation of a planned three-hole diamond drilling program, aiming to commence drilling this quarter. Alderan already has permitted drill sites within the Frisco project area, with the permit expected to be amended for the new locations. Brazil Lithium Exploration: Alderan's stream sediment…
American Rare Earths (ASX: ARR | OTCQX: ARRNF and AMRRY) has released the findings of the Halleck Creek Scoping Study Technical Report by Stantec Consulting Services Inc., highlighting the project's potential as a low-cost, scalable, and world-class rare earth elements (REE) venture in Wyoming, USA. The study projects an attractive NPV8 of US$673.9 million and NPV10 of US$505.1 million (pre-tax), with an IRR of 22.5 per cent and a 2.9-year payback period based on a three million tonnes per annum (Mtpa) operating scenario. Initial capital expenditure is estimated at US$456.1 million, including a US$76 million contingency. The life of mine…
In a move to accelerate the Halleck Creek project, American Rare Earths (ARR) has successfully filed a Licence to Explore for Minerals by Dozing with the Wyoming Department of Environmental Quality in the US. This application is a critical step towards initiating test mining operations, as the company seeks approval for two test pits at the Cowboy State Mine site. The test mining is aimed at securing the necessary ore volumes for processing at a pilot facility, setting the stage for the future scaling of an operable mine and processing unit at Halleck Creek. American Rare Earths CEO Donald Swartz…
Arizona Lithium Limited has selected Rhythm Engineering Inc. to oversee the drilling and completion engineering and supervision services for its Prairie Lithium Project's upcoming drilling program in Canada. It follows a comprehensive proposal review from the company and marks a pivotal milestone in Arizona Lithium Limited’s project located in Saskatchewan, Canada; which is one of Arizona Lithium's key ventures alongside the Big Sandy Lithium Project. The exploration initiative will focus on drilling into the Dawson Bay and Souris River Formations, two deeper zones identified as prospective for enriched lithium brine. These formations, lying below the Duperow formation, have not been…
ASX-listed lithium exploration and development company — Galan Lithium Limited — has provided an updated on the progress of its Hombre Muerto West (HMW) Phase 1 lithium brine project in Argentina. The company is now on track to commence lithium chloride production in the first half of 2025. Galan Lithium Limited Managing Director Juan Pablo (JP) Vargas de la Vega stated: “We are taking advantage of the summer season whereby a buffer wall has been installed at the one third mark of Pond 1. “The initial partial evaporation process will commence in approximately 14 days with the full fill of…
