Public Company News

Surefire has used a historical data review to light up 15 priority gold and nickel targets at its newly granted Perenjori West tenure, 300km northeast of Perth. The under explored tenure lies within the West Yilgarn nickel-copper-PGE province that has been the recent focus of intense exploration following the discovery of Chalice Mining’s world-class Julimar PGE deposit.

Wiluna Mining’s foray into drill-testing the down-plunge extensions of high-grade gold mineralisation at the historically-significant East Lode has come up trumps, returning an impressive 9.4 metres at 4.87 grams per tonne gold that included 1.8m delivering 9.74g/t of the precious yellow metal. The mineralisation was reportedly intercepted 200m below historical workings and the current mineral resource envelope.

King River Resources says salt roast test work with Murdoch University has delivered exceptional first-pass extraction results of up to 92 per cent vanadium concentrate using ore from its Speewah deposit in the Kimberley region of WA. The company is currently hammering away on a new green process flowsheet to produce high-purity vanadium pentoxide, vanadium electrolyte, titanium dioxide and metallic iron from the deposit.

Mineral explorer Aurumin has completed a lithium-focused drilling program into its Mt Palmer gold project in WA, coinciding with the return of positive soil sample results. The 12-hole program drilled 1212m into target B of the Vickers Find South prospect and intersected pegmatites ranging from one to 40m in thickness in 11 of the 12 holes. Assays to reveal the lithium content are currently pending.

88 Energy’s hunch reservoirs charging an adjacent oil discovery might continue into its Icewine project acreage on the Alaskan North Slope looks to have paid off with third-party mapping interpreting three target reservoir units extending into the company’s permit areas. An in-depth petrophysical re-evaluation of Icewine-1 and the broader area has been carried out by independent petrophysical consultants.

Mining software developer K2fly has sealed a one-year deal worth $2.12 million with BHP to roll out its ground disturbance solution data management system to the mega-miner’s iron ore operations in the Pilbara region of Western Australia. The company now provides its ground disturbance solution to the three biggest iron ore players in WA, with Rio Tinto and Fortescue Metals Group also on the roll call.

Junior explorer Twenty Seven Co has unveiled a slew of gold-in-soil geochemical anomalies at its Yarbu gold project, 160km northeast of Southern Cross in Western Australia. The latest round of auger drilling has confirmed three previous anomalies etched out from last year’s program along with highlighting a new target area with samples grading up to 92.7 parts per billion gold.

Shares in DiscovEx Resources soared more than 20 per cent on intraday trading after its JV partner Carnaby Resources seized another stunning set of drill results from ongoing work at its Greater Duchess copper-gold project near Mt Isa in Queensland. Amongst the most recent figures was a 42m section going 3.6 per cent copper and 0.5 grams per tonne gold from 63m.

Five years ago Calidus Resources pulled off what many thought was an impossible task – the bringing together of multiple disparate parties who owned gold leases in the Pilbara within cooee of each other. Since then, Calidus has exquisitely executed a strategy of drilling out those leases, pulling together a resource and a reserve and this week, the company managed to achieve what many others could not – a maiden gold pour.

DiscovEx Resources has revealed a highly-encouraging gold in soil anomaly through geochemical sampling at its Edjudina project 250km northeast of Kalgoorlie, WA. The delineated zone exhibits more than 50ppb gold continuously for 1.3km with some results going as high as 100ppb. The company’s newly-defined zone has been coined the Spartan prospect and sits within a broader 1.8km anomaly of 25ppb gold.

Terrain Minerals has been granted three new exploration tenements covering 320 square kilometres of the highly prospective ‘rare earths province’ near Esperance. The largest new tenement is surrounded on three sides by Meeka Gold Limited that recently released results showing large areas of regolith hosted rare earths, including a strong and extensive anomaly adjoining Terrain’s ground to the south.

Multi-element explorer Askari Metals has wrapped up a project-wide exploration campaign at its Yarrie lithium project in WA, 50km northeast of Marble Bar. Viewing the project through a geological lens, the company previously revealed several significant and high-priority targets that have now all been inspected and sampled in the field. In total 129 rock and 238 stream sediment samples were collected.