Matt Birney

Infinity Mining is set to hit the go button on a maiden drilling program at its Tambourah South lithium project in the east Pilbara region of WA after ASX-listed Riversgold completed a heritage survey over a contiguous tenement. The company required Riversgold to complete the work to mobilise earth moving equipment to its tenement and is now set to follow up on a suite of solid rock chip results which graded up to 2.6 per cent lithium oxide.

Askari Metals has unearthed a suite of minerals from reconnaissance field work at its Springdale project in NSW including rock samples showing grades of up to an ounce to the tonne gold. The company has also identified the potential for rare earths and base metals mineralisation in addition to significant levels of cobalt and manganese near historical workings at the site.

ASX-listed explorer Valor Resources has snared a suite of uber-impressive grade rock chips grading up to 6.13 per cent uranium oxide and an eye-catching 61.7 per cent copper at its Surprise Creek project in Canada. Legacy drilling at the tenure returned several compelling uranium intercepts, including 2.1m at 4.37 per cent from 57m, indicating the surface results could be just the tip of the iceberg.

ASX-listed Empire Energy has commenced drilling of its highly anticipated Carpentaria-3H well in the Northern Territory's revered Beetaloo Sub-basin. Recent figures suggest the region could contain up to a staggering 500 trillion cubic feet of gas and the company is planning to target the onshore resource through a 2000m horizontal probe.

Okapi Resources has wrapped up its maiden field exploration program at its Newnham Lake and Perch projects in Canada, returning anomalous uranium in over half its 69-piece rock chip samples and highlighting several compelling drill targets. According to the company, the best result graded 265 parts per million triuranium octoxide prompting the explorer to up the ante with a pair of new year drill campaigns.

Diversified metals company ABx Group is again spinning the drill bit in a 6.5km corridor between two deposits of rare earth elements in northern Tasmania, aiming to merge and expand the mineralised areas. This latest campaign is the third to test the mineralised corridor between the company’s Deep Leads and Rubble Mound deposits in the north of the Apple Isle.

St George Mining’s share price leapt over 50 per cent in intraday trading today following news the typically nickel explorer had snared a raft of high-grade lithium bearing rock chips at its Mt Alexander project near Leonora in WA. Analysis of its first batch of 10 samples returned grades as high as 2.72 per cent lithium oxide and the boundary of the site’s outcropping pegmatites has now grown by up to 1.7km.

ASX-listed Triangle Energy could soon have $6.72 million to inject into its portfolio of WA-based oil and gas operations after selling off a slice of its interests in NSW oil and gas developer State Gas. Despite offloading 24 million shares, Triangle retains a strategic holding in State Gas of more than 10 per cent and says it is now well positioned to navigate an increasingly evolving energy sector.

Askari Metals has unveiled further multi-element potential at the company’s Callawa copper project in WA’s Pilbara region after a recent magnetic survey lit up an area coinciding with samples reading highly anomalous for three additional elements. The high definition drone survey identified magnetic structures correlating well with the company’s previously collected samples going 1610ppm nickel, 119ppm cobalt and 1820ppm chromium.