Public Company News

Meeka Gold says an 85-hole probe of the western block portion of its Cascade rare earths project near Esperance in Western Australia has highlighted shallow, high-grade mineralisation in saprolitic clays. According to the company, the program defined thick rare earths accumulations running up to 29m wide across a large area that has demonstrated the project’s remarkable scale.

In its bulk sample mining operation, gold developer Classic Minerals mined 1011 ounces of gold from its Kat Gap deposit, 170km south of Southern Cross in WA. The precious metal is currently sitting in its stockpile of 6504 tonnes of ore grading 4.82 g/t gold and will be used to dial in the company’s mobile gecko gold plant once it is assembled.

Si6 Metals has kicked off a regional exploration program across its 100 per cent owned Botswanan base and precious metals assets. The program will include rock and soil sampling in addition to geological mapping and aims to define targets for further exploration. The regional exploration will start at prospects along strike from an existing advanced resource of 2.36Mt at 0.72 per cent nickel and 0.21 per cent copper.

Aldoro Resources has broken ground at its Wyemandoo rubidium-lithium project about 60km southeast of Mt Magnet in WA after launching a maiden RC drill campaign at the venture. A number of key targets have been identified through earlier rock chip sampling and Aldoro is targeting a brace of pegmatites that previously delivered impressive grades of up to 2.06 per cent lithium oxide.

Neometals has executed a conditional binding agreement with a subsidiary of luxury vehicle manufacturer Mercedes-Benz that will see the duo team up to develop lithium-ion battery recycling technology. The collaboration will see Primobius, a joint venture partner of Neometals, team up with the car manufacturer’s subsidiary, LICULAR GmbH.

Estrella Resources has rallied a second rig to accelerate exploration at its Carr Boyd nickel and copper sulphide project, 80km northeast of Kalgoorlie in WA. The company is wheeling the new diamond drill rig to its T5 prospect where it will target expansions to the mineralisation along strike and at depth. The holes will initially test an array of downhole electromagnetic plates generated from earlier drilling.

Torian Resources’ Mt Stirling project in the Eastern Goldfields region of WA is scrubbing well and looks set to be a formidable multi-commodity play after the company identified an extensive suite of cobalt and scandium mineralisation that could lead to a significant rebrand for the gold miner. The operation already boasts heavy rare earths potential and a set of gold deposits.

After setting out in search of lithium and gold, Kula Gold fired a second volley of auger holes into its Rankin Dome project in WA’s Southern Cross region and struck a welcome cluster of rare earth elements. The program uncovered some impressive results across the tenure with 70 per cent of the 375 samples registering more than 115ppm total rare earth elements with two samples peaking at 1080ppm.

The succession baton is being readied at Buru Energy who has appointed Beach Energy executive Thomas Nador as CEO. Founder and Executive Chairman Eric Streitberg flagged an orderly transition to the role of Non-Executive Chair. Streitberg says he is looking to focus on overseeing the monetisation of the company’s expansion opportunities.

Perth-based Surefire Resources is gearing up for 4000m of RC drilling at its Yidby gold project in WA’s Mid West region. The program is expected to kick off as early as next week and will build on the legion of wide gold hits produced at the project since its acquisition in August 2020.

Infinity Lithium Corporation's wholly-owned subsidiary, Extremadura New Energies has sealed a collaborative agreement with Asemtraex – the Association of Transport Entrepreneurs of Extremadura – that will see the duo team up to encourage economic development in the freight sector of Cáceres, Spain. According to the company, the work could foster economic growth, drive down unemployment and generate career opportunities for the township.

With the backlog at the labs clearing up, the assays are now flowing for Estrella Resources as the explorer continues its methodical drilling across various targets at its Carr Boyd nickel and copper sulphide project, 80km northeast of Kalgoorlie. Most assays from the phase 4 RC drilling campaign have now been received and the company says the results confirm nickel-copper enriched sulphide plume along most of the T5-Broonhill pyroxenite.