Public Company News

ASX-listed explorer, Impact Minerals, has discovered zones of visual copper-nickel sulphides at the Plat Central prospect within its Broken Hill project in NSW. The company was again guided by its proprietary geochemical ratio exploration tool that it says can vector in on higher-grade base and platinum group metals mineralisation.

St George Mining has come up trumps again at Mt Alexander in WA with two fresh downhole EM conductors turning up in the latest diamond drill hole at its aptly named West End prospect. Less than 1km north-west of known massive sulphides, the prospect presents a tantalising target for the John Prineas-led explorer in an area where there has been no previous drilling.

PolarX has laid out a schedule for when the company expects to be receiving further copper and gold results from its Alaskan discovery at Zackly. It would appear that on top of the challenges posed by exploration in the wilds of the arctic, the current surge in exploration activity across the globe has caught many laboratories by surprise, with delays in reporting being experienced by most mining and exploration companies.

CZR Resources is marching towards completion of a pre-feasibility study on a proposed development of the Robe Mesa iron ore deposit at its 85 per cent-owned Yarraloola project in WA’s Pilbara. The study that is set to be wound up by year’s end will assess a low-CAPEX iron ore mine predicated on using existing road transport infrastructure to truck the Robe Mesa ore to port.

Caeneus Minerals has nailed down a bevy of drill targets across its Mallina tenure in WA’s gold-rich Pilbara region.

Middle Island Resources has increased the global gold resource based on multiple satellite deposits at its historic Sandstone gold project in WA as its massive drilling effort this year continues to pay dividends. A maiden resource estimate for the McIntyre deposit and updated estimates for the Twin Shafts and Goat Farm deposits pushed up the project’s overall contained gold figure by 40,100 ounces to above 732,100 ounces.

Legend Mining continues to light up new nickel sulphide targets at the Mawson nickel discovery in WA’s Fraser Range, with down-hole electromagnetics identifying two new off-hole conductors adjacent to recent drilling. The larger of these two targets appears to extend the Mawson west prospect to the north and demonstrates the nickel mineralisation at the discovery remains unconstrained by the current drill pattern.

Wiluna Mining Corporation is ramping up production and pushing its unit operating costs down at the Wiluna Gold project. The company poured 13,360 ounces of gold during the September quarter, delivering monthly operating cash flows of around $4m. The production figures represent an 18 per cent uplift on the June quarter gold production and a welcome upwards trajectory for the once troubled project.

ASX-listed 3D metal printing developer, Aurora Labs, has successfully completed the first phase print parameter testing of its RMP-1 printer with plans on track to have commercial applications in place by mid next year. Aurora said its latest high power, high density printing results will enable its Rapid Manufacturing Technology to outperform its competitor’s laser bed fusion printers.

Eclipse Metals has discovered previously unknown near-surface high-grade manganese mineralisation at its Amamoor manganese prospect in Queensland. Assay results from the company’s diamond drill samples included some stellar grades as high at 42.14 per cent manganese oxide with every drill hole of this year’s program having hit mineralisation.

Classic Minerals has peeled off a string of high-grade gold hits from a major infill RC drilling campaign at its advanced Kat Gap project about 170km south of Southern Cross in WA. Better results were 15m at 2.97 g/t gold including 1m at 23.20 g/t, 10m at 3.24 g/t including 1m at 18.40 g/t, 4m at 8.97 g/t including 1m at 23.40 g/t, and 2m at 16.57 g/t including 1m at 30.30 g/t.

Godolphin Resources says it has discovered a new copper-gold porphyry-style mineralised system at its Copper Hill East project 35km north of Orange, NSW, in the revered Lachlan Fold Belt following an initial round of deep RC drilling. The most notable intercept from the recent RC holes was 32m at 0.29 g/t gold and 0.13 per cent copper from 210m including 12m going 0.45 g/t gold and 0.22 per cent copper.