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…
Zinc exploration and development company, Superior Lake Resources Limited, has announced the results of a Bankable Feasibility Study (BFS) for the Superior Lake Project, located approximately 200 kilometres east of Thunder Bay in the province of Ontario, Canada. The project spans an area of 175 square kilometres and consists of two deposits – Winston Lake and Pick Lake. It is owned by Ophiolite Holdings Pty Ltd, an Australian incorporated entity. Superior Lake owns 70 per cent of Ophiolite and recently announced transactions to acquire an additional interest of 15 per cent in Ophiolite. Since acquiring an interest in the project,…
Chesser Resources Limited has received first assay results from a recently completed Phase 2 Reverse Circulation (RC) drilling program at the Diamba Sud project in Senegal. Covering 53.2 square kilometres over the gold-bearing Kédougou-Kéniéba Inlier, Diamba Sud is the company’s flagship project. It consists of two blocks referred to as DS1 in the north and DS2 in the south. The Phase 1 drilling program completed earlier in 2019 successfully intersected significant gold mineralisation in fresh rock at all four target areas. The Phase 2 Drilling program within DS1 was completed in mid-July, with a total of 26 RC holes drilled for…
Rio Tinto’s Resolution Copper project in the US has achieved a major permitting milestone with the release of an independently prepared Draft Environmental Impact Statement (DEIS) for the project. The rigorous review, conducted by the US Forest Service over a six year period included broad public engagement. Resolution, one of the most significant undeveloped copper deposits in the world, started the US permitting process in 2013 and the US Forest Service has conducted a comprehensive independent review under the National Environmental Policy Act (NEPA). The publication of the DEIS triggers a further public consultation process over a 90 day period,…
Lake Resources NL (Lake) has discovered multiple lithium brines over a zone of 144 metres (from 172 – 316m) at its 100 per cent owned Cauchari Lithium Brine Project in Argentina. Lithium values from 340 to 538 mg/L were returned from multiple high flow brines with low Mg/Li ratios of 2.73.0. The brine zones and target sand horizon were intersected higher in the sequence than expected. The hole was terminated at 460m due to less permeable clay horizons from 326m, although conductive brines were intersected at 356m and 386m. Detailed sampling with a packer instrument has commenced from 387m up…
Rio Tinto will reduce the annual carbon footprint at its Kennecott Utah Copper operation, located southwest of Salt Lake City in Utah, U.S. by as much as 65 per cent by purchasing renewable energy certificates and permanently shutting its coal power plant. Kennecott’s electricity needs will now be paired with 1.5 million megawatt hours of renewable energy certificates supplied by Rocky Mountain Power, primarily sourced from its Utah allocated portfolio including wind power from Wyoming. The change will reduce the annual carbon footprint associated with the operation by over one million tonnes CO2. Rio Tinto chief executive J-S Jacques said…
Western Australian based company AVZ Minerals Limited's (AVZ) 60 per cent owned Manono deposit has been confirmed as the largest measured and indicated lithium resource in the world. The Manono Project is located approximately 500 kilometres north of Lubumbashi in the south of the Democratic Republic of Congo in central Africa. The project covers approximately 88 square kilometres and hosts lithium pegmatites with a strike length of over 13 kilometres. AVZ has announced a 41.7 per cent increase in Manono’s combined Measured and Indicated Resources, up from 189.8 Million tonnes (Mt) to 269.0 Mt. ANZ has stated that overall tonnage…
A second, larger diamond drill rig operated by Foraco Argentina SA has progressed drilling to a depth of 141 metres at Lake Resources NL (Lake)’s 100 per cent owned Cauchari Lithium Brine Project in Jujuy - a province in Argentina’s remote northwest. Located adjacent to world-class brine projects either in production or under development, the new round of drilling aims to unlock further value from the emerging project. The larger diamond drill rig is targeting a sand horizon estimated between 350-450 metres deep and is set drill to 500 metres. Two rigs are now operational at Cauchari and reporting results…
