Announcements

Having locked away its iron ore resource in the Pilbara, Coziron Resources has now shifted gear to focus on the systematic exploration of its impressive W.A. gold and vanadium projects. The company intends to concentrate on its large Buddadoo vanadium project in the Midwest and it will also look to prove up the highly prospective Croyden Top-Camp gold project, an advanced exploration play in the western Pilbara.

Blackham Resources has estimated a free milling mineral resource of 33.6Mt @ 0.57g/t, for 620,000oz of contained gold, within the tailings at its Wiluna Project in W.A. Work is underway to potentially enhance gold recovery along with confirming potential mining and processing options that may be integrated into Blackham’s future operations.

King River Copper has announced outstanding results from hydrometallurgical test work completed on its flagship Speewah vanadium/titanium deposit, south of Kununurra in W.A. The company reported that it had managed to produce the coveted grade of 99.51% pure vanadium pentoxide. The test work is examining a new direct leaching-precipitation method to make premium vanadium, titanium and iron products from the Speewah deposit ores.

Classic Minerals has produced more high grade drilling results from exploration at its Kat Gap and Lady Magdalene gold prospects, near Southern Cross in W.A. A new zone of gold hosted in granite was outlined at Kat Gap and returned results up to 8m @ 7.14g/t gold from 82m down-hole and it is open along strike. The company also reported a result of 0.23% lithium oxide from pegmatite sampling.

Coolgardie Minerals has reported strong investor support for its IPO that closed last week after the company easily raised in excess of the $4m it needed to get its flagship Geko gold project underway near Bullabulling in the Goldfields. The company will now further explore the project and look to create an early cashflow from it by investigating what toll treating options might be available.

Move over RCF and Orion Mine Finance, there’s a new kid on the block with $100m to plough into mining investments. Ibaera Capital is applying a new paradigm to its private equity offering, combining the $100m it has available with its top-notch team of geologists to turn undervalued exploration plays into bonafide mines. Its first investment is into ASX listed Azumah Resources’ Wa Project in Ghana.

DroneShield will help create a new version of Intelligent Security Integration’s flagship Rapid Scout HQ vehicle that could be the first non-military vehicle with a suite of counter-drone multisensory detect and defeat solutions. Rapid Scout HQ vehicles and their associated Rapid Scout surveillance sensors are designed for use where traditional CCTV has limited or no coverage.

St George Mining has successfully drill targeted high grade nickel-copper sulphide ores at the Investigators prospect, 100km west of Leonora in the northern Goldfields region of Western Australia. A 7.55m intersection of disseminated and massive sulphide mineralisation was intersected after a strong off-hole EM conductor suggested it was there. Preliminary XRF assays average an exceptional 8% nickel and 7% copper in the massive sulphides.

Ironbark Zinc has chartered the world’s largest icebreaking ship to demonstrate its proposed logistical solution and validate the shipping route for its giant Citronen zinc project in Greenland. It has also received an encouraging level of interest from a broad range of potential investors and is arranging site visits as part of the due diligence process.

Tyranna Resources has been steadily increasing its equity in the Western Gawler Craton JV with partner WPG Resources who owns the nearby Challenger gold mine. The parties are now in discussions about toll treating ore from their Jumbuck project at Challenger, creating a possible fast track to production for the junior explorer Tyranna. Drilling will commence at the Campfire Bore prospect soon ahead of a feasibility study.

Western Australia’s proposed Lithium Valley concept that could see Western Australia grab a larger share of the $213bn lithium-based battery value chain is under threat from the Federal Government’s proposed moves to limit R&D funding. Limiting the annual R&D rebates to $4m could make Australia noncompetitive with other parts of the world, according to Lithium Australia.

BlackEarth Minerals has reported consistently high grade assays and wide ore thicknesses from a resource definition drilling program at its Razafy graphite prospect in southern Madagascar. Results of up to 42m @ 7.1% total graphitic carbon from 4m down-hole, included 7m @ 10.7% TGC from just 18m. Geological data and results are being collated ahead of a maiden resource estimate due in August.

Venus Metals has announced exceptional upgrades from preliminary metallurgical test work on vanadium ore samples taken from its Youanmi project in the Murchison region of W.A. Results show that vanadium pentoxide grades effectively double from about 0.7% in-situ to 1.4% with simple crushing and magnetic separation of ore composites into concentrates. The company reports that ongoing test work is underway to increase recoveries of vanadium, titanium and iron.

ASX listed security surveillance company Spectur has started to receive sales orders for its unique thermal, solar powered security cameras. The company said this week that it had received its first thermal camera order from an international logistics company based in Victoria. Significant interest has also been flooding in from other Tier 1 companies and Spectur has now started commercial manufacturing of the cameras.

Southern Gold has been granted two interesting looking exploration tenements over the large Beopseongpo gold-silver epithermal target in South Korea’s Jeolla Province, which hosts the operating Eunsan-Moisan gold mine. Recent rock chip sampling at Beopseongpo, which has a strike length of 4km, returned grades of up to 21.8g/t gold and 19g/t silver from float material and 3g/t gold and 1g/t silver from outcrop.

Lithium Australia has commenced production of lithium-iron-phosphate battery cathode material after commissioning its innovative pilot production plant in Brisbane, with commercial samples to be delivered to international battery makers in the fourth quarter. The production of battery cathode materials closes the loop for Lithium Australia who is also a lithium explorer and mineral processing technologist.

Hot Chili has reported shallow, high grade copper drilling results from its maiden RC drilling program at the El Fuego project area in central Chile. Assays showed intersections up to 19m @ 2.0% copper from 61m depth and 15m @ 1.7% copper from 80m down-hole at the San Antonio copper mine prospect. The ore system strikes over 700m and has a higher grade plunge component.

Artemis Resources has beaten Rio Tinto to a 600km2 exploration licence application that is located just 40km east of Newcrest Mining’s Telfer copper-gold mine in Western Australia’s Pilbara region. The prospect, which will take Artemis’ Pilbara landholdings up to about 2400km2, also hosts the northern extension of the same geological structure that hosts London listed Greatland Gold’s Haverion copper-gold discovery.

ASX listed explorer Emu NL has found traces of a gold monster in northern Chile after it drilled through a 163m gold mineralised system, albeit at low grades at this stage. The company has discovered a substantial, epithermal precious metal system at its Vidalita prospect in the lucrative Maricunga precious metals belt and the hunt is now on for the mother lode.

Northern Minerals expects to officially open its Browns Range rare earths pilot plant in Western Australia on the 27th of July 2018 and it has already produced a rare earth carbonate as part of the commissioning process. The pilot plant will investigate the technical and economic feasibility of a proposed full scale operation and will run for up to three years.

Classic Minerals has teamed up with CSIRO to study the potential correlation of large tree sizes to major gold deposits at the Forrestania Gold Project in Western Australia’s Goldfields region. The Australian Government’s Innovation Connections grant and CSIRO will fund the majority of the six month project that could allow rapid generation of new targets without ground disturbing exploration in the future.

Draig Resources has discovered high grade gold mineralisation from deep exploratory scout drilling below the historical Bellevue gold mine near Leinster in W.A. Results include 2.5m @ 13.1g/t, 1.4m @ 9.6g/t and 0.3m @ 35.9g/t gold and are strongly supported by down-hole EM surveys showing off-hole conductors. The 800m long shear zone is interpreted to be an overlooked offset position from the original Bellevue ore lode.

ASX listed Legend Mining will pepper the southern part of its promising Rockford project in the Fraser Range with 150 aircore drill holes totalling about 10,000m. The fresh program will target a number of exciting looking electromagnetic conductors and other aeromagnetic/gravity features in the at the Project. Legend is planning to carry out further exploration at the Area D Prospect following geophysical, geological and geochemical data hits.

Artemis Resources has received a key safety approval for the installation of a new gold circuit at its Radio Hill processing plant near Karratha, W.A and it is now only waiting on the environmental and final licence approvals to start installation. The full capital and installation cost of the Gekko circuit and gold room equipment remains on budget at about $3m.

Myanmar Metals has identified distinct zones of unexpected cobalt, nickel and copper mineralisation at its Bawdwin deposit in central Myanmar by reassessing drill sample assay data returned over the past 12 months. Best results include a 27m intersection grading 0.16% cobalt, 0.84% copper and 1.74% lead from 164m. This included 5.5m @ 0.39% cobalt, 3.25% copper, 116g/t silver and 1.03% nickel.

Northern Minerals is carrying out 5000 metres of drilling to test seven interesting looking prospects at its Browns Range heavy rare earths project in W.A. The company’s goal is to increase the expected mine life at Browns Range from 11 years to more than 20 years. The company is on track to bring its pilot plant, the only dysprosium producing operation outside China, into operation this quarter

The super impressive drill results just keep rolling in for newly listed Adriatic Metals in Bosnia including a new 66m intersection going 2.1g/t gold, 158g/t silver, 2.3% copper, 8.6% lead, 12.8% zinc and 37% barite from 210m down-hole. It took a little while but the market is now all over Adriatic with the company’s share price tripling just three months after listing on the ASX.

Tyranna Resources has announced that nine additional zones of mineralisation have been modelled from a large number of gold intercepts found in an historical database at its Weednanna project, near Whyalla in S.A. Results up to 9m @ 25.1g/t gold from 7m depth and 7m @ 21.2g/t from 125m down-hole were identified. The company also said that a maiden resource estimate will be reported soon.

Droneshield has secured an additional patent in the U.S. covering its ground breaking developments in the acoustic detection of drones. The company has four other U.S. patents for its counterdrone technologies. If drones are going to be big then anti-drone technologies will be just as big and Droneshield owns the space currently.

King River Copper is awarding shareholders with one free option with an exercise price of $0.12c and an expiry date of the 31st of July 2020 for every three shares that they hold. More than 412.8m options are expected to be issued and existing option holders are not eligible unless they exercise their current options, which will result in additional options being issued.

ASX listed Sky and Space Global has started discussions with the Caribbean Telecommunications Union to explore the provision of connectivity services following a successful demonstration of its narrowband nano-satellites. The company is planning to provide coverage into the Caribbean via its proposed constellation of up to 200 miniature satellites to be deployed late next year.

St George has commenced drilling across 5 EM conductor targets at its Investigators and Cathedrals prospects, 100km west of Leonora in the northern Goldfields of W.A. The company is seeking extensions of high grade nickel copper mineralisation in the area. The priority target is 120m down plunge of a solid intersection of 5.3 metres @ 4.95% nickel, 2.75% copper, 0.16% cobalt and 4.55 g/t total PGE’s.