Public Company News

Galan Lithium is adding the final touches to an optimised two-phase definitive feasibility study at its one of its two lithium brines projects in Argentina. The company is also considering its third and fourth phases that will ramp up production to as much as 60 kilotonnes per annum of lithium chloride concentrate equivalent in the South American region known as the “Lithium Triangle”.

Askari Metals is continuing to accelerate its lithium exploration efforts in Namibia with the appointment of seasoned African specialist, Cliff Fitzhenry to the new role of Chief Exploration and Project Manager (Africa). A veteran geologist, Mr Fitzhenry will lead in-country exploration with a diamond drill program due to commence shortly at the company’s flagship Uis project which has revealed multiple lithium bearing pegmatites more than 100m wide.

ASX-listed Neometals’ joint venture (JV) with Primobius is a step closer to bridging the lithium-ion battery circular economy. Improvements to the partnership’s refining process in its patent-pending battery recycling technology have increased metal recoveries to more than 95 per cent of nickel, cobalt and copper – far exceeding the recovery requirements in the European Union’s pending battery regulations.

Infinity Mining will ramp up drilling at the most prospective targets across five of its projects in Western Australia’s Central Goldfields after results from a recent 37-hole reverse-circulation (RC) program returned grades of up to 21.86 grams per tonne of gold. The company is now planning its follow-up drilling campaign for late this year or early next year.

Horizon Minerals is charging towards a resource estimate upgrade after completing an eight-hole drill program at its Penny’s Find gold mine, 50km north-east of Kalgoorlie. Results show its high-grade lode is open at depth, with intercepts including 3.2m at 4.19g/t gold from 318.3m, 1m grading 7.49g/t from 363.9m and 0.78m going 12.85g/t gold from 331.48m. Underground mining is planned.

Geochemical sampling has confirmed massive nickel-sulphides at ASX-listed Toro Energy’s Jumping Jack discovery, which is part of its wholly-owned Dusty nickel project in Western Australia’s northern Goldfields. Toro’s 10,000m drilling program has continued this year at Dusty, which now boasts four massive nickel-sulphides discoveries and sits just 50km east of BHP’s world-class Mt Keith open-pit nickel operation.

Latest assay results from St George Mining’s lithium hunt at its Mt Alexander project in Western Australia have returned intersections going as high as 1.77 per cent as the company chases a bigger fractionated pegmatite system. Management says its headline hit was 1m going 1.77 per cent lithium from 96m, while another 2m intersection graded 1.49 percent from 109m.

WA-based mineral explorer Lindian Resources has released the highest assay grades to date from its Kangankunde rare earths project in Malawi, with headline figures including 293.4m at 3.66 per cent TREO from 4m to end of hole. The company says the “spectacular” results mean Kangankunde is emerging “as one of the world’s greatest rare earths assets”.

A positive meeting with the United States Food and Drug Administration has boosted Radiopharm Theranostics' approval prospects for an investigational new drug clinical trial for its brain cancer treatment. The company’s F18-Pivalate is a novel radiotracer that combines a molecule and a radioisotope for the detection, characterisation and monitoring of brain metastases and glioblastoma – an aggressive form of brain cancer.

Aruma Resources is hunting for unconformity-related rare earths at its Saltwater project in WA’s emerging Pilbara province. Fieldwork will consist of detailed mapping and extensive surface sampling through an 80km prospective strike, with work to start at a 15km-long priority radiometric target. Previous results of up to 11 per cent rare earths at the project will give Aruma confidence it could have the real deal.

Empire Energy Group says it has a “nationally significant resource” on its hands after an independent review of its EP187 site boosted its estimated 2C contingent resource by 270 per cent to 1739 petajoules (PJ). It says the analysis increases its conservative 1C contingent resource by 217 per cent to 304 PJ and the best-case 3C contingent resource by 129 per cent to 3507 PJ.

Conico Limited has revealed more shallow high-grade nickel-cobalt-manganese-scandium results from its Mt Thirsty JV near Norseman. Results include 29m grading 0.09 per cent cobalt, 0.62 per cent nickel, 0.73 per cent manganese and 33.2g/t scandium from surface. The resource is 66.2 million tonnes grading 0.06 per cent cobalt, 0.43 per cent nickel and 0.45 per cent manganese, with the project’s scoping study due in July.