Public Company News

ASX-listed gold hopeful, Coziron Resources, has followed up a high-grade discovery drill hole at the Top Camp prospect at its Croydon project with an encouraging gold hit in what is fast becoming one of WA’s hottest gold exploration districts. The Perth-based gold explorer’s Top Camp discovery sits about 75km west-south-west of the distending Hemi gold deposit discovered by De Grey Mining in the Mallina region in the Pilbara.

ASX-listed gold explorer, Great Southern Mining, has taken a giant stride towards developing its historic Cox’s Find gold project about 65km north of Laverton in WA, appointing seasoned mining industry geologist and executive Sean Gregory as its new Chief Executive Officer.

PharmAust subsidiary Epichem has entered into a joint venture deal to develop a “disruptive” waste-to-fuels technology using biomass and feedstock. Under the 50:50 agreement, medicinal and synthetic chemistry group Epichem and new JV partner Obsidian Minerals will set up the Perren company with the aim of developing and commercialising the biomass/feedstock oxidative hydrothermal dissolution chemical process that can turn waste into fuels.

Adriatic Metals continues to rattle the cage in the Balkans, posting a 32 per cent increase in the tonnage of its emerging world-class Rupice silver deposit in Bosnia and Herzegovina. The resource for Rupice weighs in at an impressive 12 million tonnes with 149 g/t silver, 1.4 g/t gold, 4.1 per cent zinc, 2.6 per cent lead, 0.5 per cent copper and 25 per cent barite.

Ardiden has launched into drilling at the Kasagiminnis gold deposit in Canada. The company has dispatched internationally renowned contractor Major Drilling to the site with the rods now spinning under the watchful eye of Ardiden’s exploration manager, Dan Grabiec. The company is set to drill into the Canadian winter as it goes about drilling out a new resource for the deposit.

Venus Metals and Rox Resources have struck high-grade gold again in granite rock at the exciting Grace discovery at their historic joint-ventured Youanmi project in WA. The latest bonanza gold hits add to mounting evidence that a style of gold mineralisation not recognised at Youanmi previously has been discovered by the dynamic duo. The spectacular drill intercepts included 13m at 60.49 g/t gold from 177m including 4m at a cracking 191.56 g/t.

Eclipse Metals is off and racing at the Mary Valley manganese project in Queensland as it gears up for diamond drilling later in the month. The company’s geophysical survey team on the ground in the area of the historical mine has commenced a detailed ground magnetic survey across the Amamoor workings in the south of its tenure.

Heavy rare earth explorer and developer Northern Minerals is gearing up to hunt for Dazzler lookalikes having set aside $5 million for exploration and development drilling at the company’s Browns Range project in the Kimberley. Drill rigs are expected onsite in October and results will feed into an updated feasibility study. The resulting document could well be the precursor to Northern Minerals emerging as the first supplier of heavy rare earths outside China.

Lithium Australia could be near to closing another loop in the battery economy, producing a slow release micronutrient fertiliser from recycling alkaline batteries. The fertiliser is tailor-made for broad-acre farming in WA and early indications suggest the crops have responded well to the treatment.

ASX-listed Lithium Australia has just received formal accreditation for its three-phase lithium battery-based solar energy storage devices from the Clean Energy Council. The devices will be marketed by Soluna Australia, which is 50 per cent owned by Lithium Australia and 50 per cent owned by manufacturer DLG Energy (Shanghai) Co. Soluna’s three-phase 15K Pack HV will now be added to the CEC’s Battery Assurance Program guide.

ASX-listed gold explorer, Anglo Australian Resources, has bought out a couple of legacy third-party royalties that had been hanging over its historic Mandilla gold project 20km south-east of Kambalda in WA. The Perth-based company has now cleared the decks for a potential mine development as it advances towards a maiden resource estimate for Mandilla in the December quarter.

Element 25 continues to pick off mine development milestones as the company fast-tracks its way towards first manganese concentrate production at its incredibly low proposed CAPEX Butcherbird operation in the Pilbara. The company has set itself a rapid project development schedule, which it says is tracking on time and on budget, with first manganese concentrate production expected in the first quarter of calendar 2021.