Bulls N' Bears (Commercial Content)

American West Metals has delivered more shallow and high-grade copper results from its Storm project in the Canadian province of Nunavut, with peak assays including a 1.5m hit at 7.6 per cent copper from 77.7m. The impressive hit came from a drillhole sunk at the company’s Lightning Ridge prospect, which also recorded a 15.2m segment grading 2.3 per cent copper from 30.5m.

Prominent investor and prospector Mark Creasy’s Yandal Investments has entered into a subscription agreement with Zuleika Gold worth $3 million. While still subject to shareholder approval, the deal could see Yandal increase its voting power in Zuleika from 19.12 per cent up to 42.53 per cent after Mr Creasy’s company purchased 100 million shares in the explorer back in March last year.

Askari Metals has captured a battery metals-prospective permit via a corporate takeover to add to its growing flagship Uis lithium project that sits within Namibia’s Uis-Cape Cross pegmatite belt. The permit, which Askari gained through its full acquisition of Green Lithium, is along strike and juxtaposed next to Andrada Mining’s operating tin mine and Spodumene Hill discovery.

Strickland Metals has officially kicked off a heritage survey that is focused on large-scale prospects at its Yandal and Earaheedy projects in WA, where the company has identified two priority drill targets. Management believes successful clearance of the survey will allow it to expand on an ongoing air-core drilling program at its Horse Well prospect, with both new targets offering tier-one discovery potential.

Estrella Resources has earned pre-qualification in the Timor-Leste Government’s inaugural minerals tender process, opening up a potential pathway for the company to acquire tenure in a region known to host more than 200 mineral occurrences including gold, copper, manganese, silver and chromite. The process appears set to end the region’s dearth of exploration due to a succession of long-standing geopolitical factors.

Brightstar Resources says an independent $60.9 million valuation of its gold plant and infrastructure in WA’s far northern Goldfields represents significant development advantages ahead of a mining restart at its Menzies and Laverton gold projects. Management says the estimation outlines expenditure the company will not have to pay and the time it will save during the building process because it already has the existing infrastructure.

Auric Mining has produced an additional 4300 gold ounces from its second campaign at its Jeffreys Find gold mine near Norseman and expects to rake in $28 million in gross revenue from stage-one production. A maiden parcel of 36,180 tonnes has been milled at the Greenfields mill in Coolgardie at 93.04 per cent recovery, yielding 1721 gold ounces from a head grade of 1.58g/t.

The Human Research Ethics Committee has given Radiopharm Theranostics its stamp of approval to begin first-in-human phase-one dose escalation trials in Australia on patients living with non-small cell lung cancer. The company says the vital approval will allow it to pursue greater hope for patients dealing with a devastating condition that currently has a “poor prognosis” in terms of life expectancy.

Buru Energy has moved to fast-track the phase-one small LNG plant development at its Rafael gas-condensate project in Western Australia’s Kimberley region by launching a pre-front end engineering design (FEED) study. Part of a multi-pronged strategy to monetise the asset, it is expected to be completed in the first half of next year, with the final FEED to follow soon after.

Emu NL has tabled anomalous rare earths results in 33 of 34 air-core holes sunk at the company’s Condingup project near Esperance, with assays as high as 2513 parts per million total rare earth oxides (TREO).

Triangle Energy has casing and wellheads lined up for two of three high-value wells it will drill at its onshore Perth Basin areas in the first half of next year. The company has received regulator approval to farm out a 50 per cent interest in its permits, which will see some $20 million enter the company’s coffers to offset drilling and seismic processing costs.

ASX-listed junior GreenTech Metals is leaps and bounds into a project-scale field program targeting historic lithium and recently-identified soil geochemical anomalies in Western Australia. The company today revealed it had identified nine broad lithium soil anomalous zones across its West Pilbara licence package, which covers a total area of 32 square kilometres and has more than 60sq km that are still to be mapped.

Buru Energy has started the hunt for an ally to help develop its Rafael conventional gas and condensate resource in Western Australia’s Canning Basin after appointing Miro Capital as a key advisor for its strategic partner selection process. With the Canning Basin’s first significant gas discovery, Buru believes the scope of its project will hep create a long line of suitors for Miro to assess.

Infinity Lithium’s bold plans for its San José project in Spain have been buoyed after the Regional Government of Extremadura revealed key stimulus measures stemming from changes to its “Lithium Decree Law”. In a further boost to the operation, management says the Federal Constitutional Court has declared exploitation of lithium resources in Extremadura as projects of “general and regional interest”.

Horizon Minerals has managed to get its foot on two lithium prospect areas with exquisite proximity to Greenbushes – the biggest hard-rock lithium mine in the world. The company says it paid just $225,000 in cash and shares to a private operator to get within about 10km of and along strike from Greenbushes, which has long been revered as the best lithium mine in the world.

Lindian Resources has unveiled a massive exploration target for its Kangankunde rare earths project in Malawi, with the upper echelon of the figure more than three times its already-significant mineral resource. The company recently revealed its maiden mineral resource estimate for Kangankunde, outlining 261 million tonnes at an impressive grade of 2.19 per cent total rare earth oxides (TREO).

Mineral explorer Emu NL has kicked up a collection of intriguing rocks during a maiden foray into to its Georgetown project in Queensland, returning a staggering 18 per cent copper, 35.4 ounces silver and 26 per cent lead – while also mapping out a 2km-long pegmatite. Emu has secured the right to earn up to 80 per cent in the trio of exploration permits.

Everest Metals has a nice problem – there is too much visible nuggetty gold in the reefs at its Revere gold project and it will turn to a bulk sampling program to get a better handle on tonnes and grade. Everest says it might be able to mine Revere courtesy of a simple mobile “Gekko” mining plant and has wrapped an exploration target around the project.

Si6 Metals has kicked off a combined reverse-circulation and diamond drill campaign at its Airstrip copper-silver project – one of its three flagship operations in the African nation of Botswana. Historic drill results from Airstrip show some incredibly high-grade figures including up to 60.98 per cent copper and 2833 grams per tonne silver, which management says is associated with massive copper sulphides.

Estrella Resources has utilised a next-generation helicopter-borne electromagnetic geophysical system to identify several new conductor anomalies at its Carr Boyd project in Western Australia’s Goldfields region. Multiple anomalies through a 5km strike length along the Colreavy komatiite have been recognised and, importantly, the “Target EM” system has also identified a new 3km linear zone under cover to the south of the Carr Boyd intrusion.

The dust has settled and the rods have been pulled on Aurum Resources’ maiden 74-hole air-core drilling campaign at its Ryans Find gold project, north-east of Koolyanobbing in WA’s illustrious goldfields. Drilling was designed to test the source of a suite of alluring gold and base metal anomalies etched out over a prospective – and under-explored – greenstone sequence.

Galan Lithium and ASX-listed joint venture partner Redstone Resources have snatched up a pair of exclusive projects in two of Canada’s premier lithium provinces – a 5400-hectare patch in the rapidly-emerging James Bay region that is home to Patriot Battery Metals’ gigantic Corvette deposit, and a 1400ha lot in Ontario’s evolving “Electric Avenue”, which houses Frontier Metals’ massive PAK lithium discovery.

Xanadu Mines has wrapped up a massive 48,000m infill drilling campaign at its Kharmagtai copper-gold project in Mongolia and has unveiled some impressive early results from the company’s White Hill prospect. The program is aiming to provide an updated mineral resource before year’s end as Xanadu continues exploration with four diamond rigs investigating shallow targets and one drill rig targeting deep mineralisation.

Aruma Resources has completed the latest phase of drilling at its wholly-owned Salmon Gums gold project in Western Australia’s Eastern Goldfields region, with an initial assessment of drill core showing mineralised quartz veins at the company’s high-grade Thistle prospect. Assays from seven competed drilllholes have been sent for laboratory assessment and management is now eagerly awaiting the results.

Early boots on ground at Reach Resources’ White Castle manganese project in WA’s Gascoyne region have been handsomely rewarded with high-grade manganese readings up to an eye-catching peak of 48 per cent. The company has amassed an impressive foothold in the emerging critical metals province after acquiring an additional exploration licence from Firebird Metals and extending its tenure to 70km at the prospective Edmund Basin.

ASX-listed Neometals has achieved lithium recoveries of greater than 93 per cent from trials of a new process at its Primobius hub plant, in a move expected to offer savings in both operating and capital costs. Primobius is a joint venture (JV) company owned equally by Neometals and SMS group, which has installed plants in nearly every country in the world.

Classic Minerals appears set to fully own its Forrestania gold project, south of Southern Cross in Western Australia, after it entered into an agreement with Hannans subsidiary Reed Exploration to purchase the final 20 per cent of the operation. Combined with its Kat Gap project, the company’s total resource around Forrestania comes to 8.41 million tonnes at 1.45g/t gold for 391,417 ounces.

Lithium Universe is another step closer to establishing its proposed Quebec lithium processing hub after securing global consulting heavyweight Hatch to undertake the engineering study for its downstream lithium carbonate refinery in Canada. The first part of the study will be to determine the ideal location for the 16,000 tonnes per annum lithium carbonate refinery and the estimated capital and operating costs.

Toro Energy has kicked off its Lake Maitland extension study, which will also include uranium-vanadium ore from its Lake Way and Centipede-Millipede deposits that sit some 30km south-east of Wiluna in Western Australia. The company’s new assessment is aimed at adding considerable value to its original scoping study that forecast an annual EBITDA of $101 million during a 17.5-year mine life.

Altech Batteries has notched up a win that will see permitting for its 100MWh battery project in Germany go through State approval, bypassing the more complex Federal process and expediting its mission. The company is in joint venture with Fraunhofer IKTS to commercialise the battery plant, which is designed to meet the demands of the stationary energy storage market.

Legend Mining has launched a high-power fixed loop electromagnetics survey to identify conductors below 600m at its Octagonal prospect that forms part of its greater Rockford project in Western Aus

Galan Lithium has upped the ante, with its phase-two DFS into its Hombre Muerto West project in Argentina projecting an annual average EBITDA of US$374 million (AU$588 million) for an astounding 40 years. Hot off the heels of its phase-one DFS, the company is looking to boost production at its flagship project, which is estimated to deliver a whopping US$2 billion (AU$3.1 billion) NPV.