Public Company News

Buru Energy has acquired some 200 square kilometres of high-resolution 3D seismic data within and around its 100 per cent-owned prodigious Rafael gas-condensate project in Western Australia’s Kimberley region. Once the data, which also includes several 2D lines in an adjoining permit, is processed and interpreted by year’s end, it will provide enhanced clarity on the subsurface structure and will drive appraisal drilling for next year.

Twigger's Tales (aka Argonaut’s Liam Twigger) tackles the big issues around the green energy and critical minerals revolution and the paltry sum of money committed by the Australian Government when compared to the USA’s big, bold cheque. It is time for Australia to have its own “Oppenheimer moment” to cement its place in the vanguard of the critical minerals charge.

Strickland Metals is galloping along at its Horse Well prospect in the Warburton mineral field, near Wiluna in Western Australia, with more solid gold hits from drilling. Management has today revealed new intercepts of 4m at 1.7g/t gold from 2m in near-surface laterite and an impressive 58m at 1.7g/t gold from 17m, including 10m at 4.2g/t gold, largely in the weathered oxide zone.

ChemX Materials has confirmed the significant 4N (99.99 per cent) purity results from its 100 per cent-owned high-purity alumina “micro-plant” in Perth’s southern suburbs in Western Australia. The results were determined across an impressive spectrum of 66 elements and represent a key milestone for the company – achieved within just a year of commissioning its HPA facility ¬– on its pathway to 5N purity.

Lithium Universe is one step closer to establishing its proposed Quebec lithium processing hub after appointing Primero Group as the lead manager to design its multi-purpose, stand-alone concentrator in Canada. Management says the appointment follows an extensive process to procure a contractor with suitable experience and capabilities to undertake the design of a stand-alone concentrator to process one million tonnes per year of spodumene ore.

Earlier this year, the US State of Nevada overtook Western Australia as the world’s No.1 mining jurisdiction, according to the Fraser Institute’s latest annual survey of mining companies. But just down the road, Arizona – a long-time mining frontier ¬– has also been attracting significant interest from several ASX-listed exploration companies such as Riedel Resources, Eagle Mountain Mining and Patriot Lithium.

ABx Group has unearthed rare earths grades it believes are “unrivalled” for clay-hosted mineralisation in Australia at its Deep Leads-Rubble Mound prospect in Tasmania, with an eye-watering result of 17,333 parts per million total rare earth oxides (TREO). The results came from a program 2km west of a hole that yielded the company’s previous best assay result with a top value of 4444ppm TREO.

Strickland Metals continues to deliver from drilling at its Horse Well project after recording a 39m hit at 6.1 grams per tonne gold from 25m at its Palomino prospect, including 7m going 22.2g/t gold from 45m. The latest drilling is targeting southern extensions to the Marwari target discovery hole that recorded a 31m intercept grading 5.6g/t gold from 72m.

Estrella Resources is evaluating its Carr Boyd project in Western Australia’s Goldfields region for lithium-pegmatite potential associated with a granitic or monzonitic body that intrudes the northern flanks of the mafic-ultramafic nickel host. New interpretations and a recent nickel discovery have highlighted areas of nickel potential and also indicate possible pegmatite-hosted lithium and related mineralisation within the project.

Middle Island Resources has prioritised exploration targets for iron oxide-copper-gold mineralisation and sediment-hosted base metals of copper-zinc-lead-silver at its Barkly project near Tennant Creek in the Northern Territory. The company says one of its company’s application areas has two high-priority shallow targets based on historic data that reveal a pathway copper-gold indicator of silver showing 87 grams per tonne.

ABx Group has strengthened its grip on a significant area of Tasmanian rare earths potential with the granting of two new exploration licences covering 483 square kilometres for an initial five-year term, extending its recent Portrush discovery. The company also has an application in train to secure intervening ground between its established Deep Leads and Wind Break prospects.

Aurum Resources has launched its maiden 74-hole, 3500m air-core drilling campaign at its Ryans Find gold project, north-east of Koolyanobbing in Westerm Australia, to follow up on some alluring gold and base metals soil anomalies. The holes will be oriented in multiple transects perpendicular to the strike of a prospective north/north-westerly-trending greenstone belt, with the aim of netting some trophy catches.