Matt Birney

Delecta Limited has purchased the high grade Highline cobalt-copper project from a private vendor in the emerging Goodsprings mining district, 50km southwest of Las Vegas in southern Nevada, USA. The historical mine produced cobalt up to an eye-watering 12.45% and an average copper grade of 35%. The claim area has been sitting idle for nearly a century and has seen pretty much no modern exploration.

Babylon Pump & Power has secured a $670,000 contract to supply and install power generation and dewatering pumping equipment for BHP for an initial six month period. Works are scheduled to begin immediately with commissioning scheduled for November 2018. The company is optimistic that the contract will continue on a rolling basis at the end of the initial term.

Tyranna Resources has discovered wide graphite mineralisation at sought after grades at the Yeltana prospect located only 125km from the port of Whyalla in South Australia. Results up to 21.05m @ 9.28% total graphitic carbon from 171.75m down-hole points to the deposit potentially having some scale. The company is planning to undertake mineralogical analyses of core samples for graphite flake size to assess the economic potential of the product.

Calima Energy is poised to benefit from Shell’s decision to proceed with its massive CAD$40bn Canadian LNG project in British Columbia that will source gas from the Montney oil and gas formation to produce an initial 14 million tonnes of LNG per annum. Calima is planning to start drilling one vertical well in the Montney to provide data and two horizontal wells that will be placed on extended production testing before the end of this year.

St George Mining has reported that recent down hole electromagnetic surveying at the Investigators prospect has outlined several strong, new off-hole conductors that it considers highly prospective for defining massive nickel-copper sulphide mineralisation. The new conductors are located down-plunge of a previously intersected mineralised ultramafic rock sequence and may indicate the potential for a significant extension to the narrow, but high-grade mineralisation previously located at Investigators.

ASX listed Blackstone Minerals’ phase two IP survey has identified new large-scale cobalt targets at its Little Gem project in British Columbia that are bigger and stronger than the anomalies found during the first phase. The new targets, which are more than 1km long, are associated with the previously producing “Jewel” gold-silver-copper mine located 1.1km northeast of Little Gem.

Tyranna Resources’ stream sampling has identified two encouraging cobalt-copper-zinc anomalies at its newly acquired Goodsprings cobalt and base metals project in Nevada. The company will carry out a geophysics program later this month before drilling up to five holes at the Whale trend to confirm the oreshoot, intersect potential mineralisation and drill through the postulated east-west fault.

Canadian listed conglomerate gold specialist Novo Resources has completed an $8m acquisition of a prospective looking gold project in the Egina region, located south of Port Hedland in the Pilbara region of Western Australia. The company believes the tenements are prospective for conglomerate, alluvial and shear-hosted gold mineralisation. The transaction comes gift-wrapped with two granted mining licences surrounding the historical Womerina alluvial gold workings.

ASX listed Surefire Resources’ recent reverse circulation drilling at its Unaly Hill project, near Sandstone in the Murchison region of WA, has extended the vanadium mineralisation for several kilometres along strike. All 10 reverse circulation holes in the campaign intersected a number of vanadiferous magnetite bands of varying down-hole widths and assays are currently pending.