Public Company News

Godolphin Resources has completed four large diameter diamond drill holes for 285.6m as it hunts rare earths and rare metals at its Narraburra project in NSW. Whilst all samples are bound for the lab, portable XRF testing indicated mineralisation in all cores. The company says the maiden test of the underlying bedrock and preliminary results are very encouraging.

The hits keep coming for Podium Minerals as the company continues its 100 per cent strike rate from a drilling campaign aimed at extending mineralisation at its Parks Reef platinum group metals project in WA. The company recently added rhodium and iridium to its mineral resource estimate at Parks Reef and is busy creating what it says is Australia’s first defined 5E PGM resource.

DiscovEx Resources and Carnaby Resources have turned up a trio of new exploration targets at their Greater Duchess copper-gold project near Mt Isa in Queensland. First phase RC drilling at the duo’s Mount Hope prospect visually defined a 75m copper sulphide vein whilst geophysical programs at its nearby Lady Fanny North and Lady Don prospects turned up a pair of compelling induced polarised anomalies.

Classic Minerals has delivered more high-grade gold intercepts from infill RC drilling at the company’s flagship Kat Gap gold project, 170km south of Southern Cross in WA. Significant results include a 1m hit going 40.1 g/t gold from 33m within a 2m intercept at 21.07 g/t also from 33m. The results come from another 14 holes that have been completed from Classic’s 109-hole infill program.

ASX-listed Si6 Metals is one step closer to exploration at its Maibele joint venture project in Botswana after receiving consent from the liquidators for partner BCL. The company says it can now finalise exploration discussions with the relevant governing bodies including the mining and environmental departments that were awaiting liquidator approvals.

There’s a quiet rumbling at Talisman Mining that the next major copper-gold discovery in NSW may not be far away. A recently refocused exploration drive initiated by the ASX-listed explorer has unveiled more than a dozen targets hidden under cover at the company’s wholly owned Lachlan copper-gold project.

Ahead of a first phase of RC drilling, mineral explorer Aruma Resources has completed a heritage survey at the company’s Melrose gold project in WA’s Pilbara region. The survey kicks off its initial exploration campaign at the project’s Gossan Hill prospect, 5km north of the revered Paulsens gold mine near Pannawonica. The explorer plans to drill up to 50 of the permitted 200 RC holes in its maiden program, with drilling expected to reach depths of about 100m.

Battery metals and gold explorer Askari Metals has revealed a 600m strike extension of potential gold mineralisation with an auger drilling campaign at the company’s Burracoppin gold project in WA’s Wheatbelt region. Results running up to 619 parts per billion gold were returned with the surficial drilling work in addition to successfully mapping gold mineralisation at Burracoppin along a strike length of more than 4km.

Triangle Energy has notched up a second milestone for its Cliff Head joint venture in as many months, sending another oil shipment from the joint venture’s Arrowsmith stabilisation plant onto a chartered tanker at the Port of Geraldton. The 26,500 barrels joined oil from its maiden lift with the 51,000 barrels now en route to a refinery in Thailand. Triangle holds an almost 79 per cent interest in the partnership with Pilot Energy holding the remainder.

Legend Mining will conduct a new 3D seismic survey at its Octagonal prospect in WA’s Fraser Range following the success of a similar survey at the company’s Mawson nickel, copper and cobalt discovery. The new 3D seismic survey will cover 24.5 square kilometres of Octagonal that forms part of the company’s flagship Rockford project.

Horizon Minerals has scored a swag of encouraging drill hits after a phase 1 RC drilling campaign at its Monument gold prospect, part of the developer’s larger Boorara-Cannon project near Kalgoorlie in WA. Results from its 14-hole, 2156m program include 1m at 16.13 grams per tonne gold from 99m inside a larger 5m parcel running 4.09 g/t gold from 99m.

Metal Hawk will drill test a strong downhole electromagnetic conductor that may be harbouring disseminated nickel sulphide mineralisation at its Torana prospect. The target is a mere 200m from a recently plunged hole that returned 10m at 0.55 per cent nickel from 130m and is part of the company’s larger Berehaven project near Kalgoorlie in WA.