Public Company News

Great Southern Mining has kicked off its maiden exploration drill program at the prospective looking northern Goldfields based Cox’s Find project, with high grade gold hits close to surface starting to roll in. Initial results include 2 metres grading 9 grams per tonne gold from 76 meters downhole and 3 meters grading 16 grams per tonne gold from 74 meters downhole.

Infinity Lithium has received strong support for its Spanish lithium project from the EU Commission and has been invited to present its investment case to the European Battery Alliance’s recently launched, Business Investment Platform, where funding opportunities will be made available for select projects. The EU is keen to capture some of the forecast €250b lithium market value and said that €20b would be made available for European developments.

Lithium Australia has increased its equity in strategic partner, Envirostream Australia, from 23.9% to 73.7%. Envirostream is on its way towards becoming potentially the largest recycler of lithium battery minerals in Australia. It is looking to develop a national lithium battery recycling program from spent lithium-ion batteries that would ordinarily have been sent to landfill, providing a further market-leading niche for Lithium Australia.

ASX-listed Tyranna Resources has conducted a full review of its Knight nickel project in WA, which the company says may have significant exploration upside that requires further investigation. Tyranna has teamed up with independent geological consultant, Xplore Resources to conduct a full review of the project that sits on geological structures linking directly along strike to St George Mining’s successful nickel play next door at Mt Alexander.

A robust RC drilling program has seen Calidus Resources continue its rapid transition from explorer to producer as it underpins the open pit resource upgrade for its million-plus ounce Warrawoona gold project in WA’s East Pilbara. RC drilling inside the planned Klondike pit has returned a number of scintillating intersections, including 15 metres at 3.7 grams/tonne gold from 30m and 12m at 3.93g/t gold from 19m.

Coziron is on the hunt for rare and critical metals at its Shepherds Well project near Karratha, with four multi-commodity prospects demarcated for follow up work and drilling. The project is located about 60km south-west of Karratha and the Perth-based ASX listed company has collected some 325 soil samples to firm up targets across a one to two-km-wide shear zone. The shear zone is prospective for rare earths, nickel, zinc, base metals and even detrital gold.

MGC Pharmaceuticals has taken a major step towards capturing the growing Latin American medicinal cannabis market by joining forces with Brazil’s leading merchant bank in a ground breaking sales and distribution deal. The joint venture will see MGC and BrasilInvest not only sell and distribute MGC’s phytocannabinoid-derived medicines in Brazil, but also in neighbouring countries where the use of medical marijuana has been approved.

Impact Minerals has worked up a number of interesting looking copper-gold targets just south of Alkane’s serious Boda copper-gold find in NSW. The company has four multi-minerals projects across Australia, ranging from the grassroots exploration stage to advanced trial mining. At the Commonwealth project in NSW, company Geologists stumbled across surface rocks containing copper sulphides just 20km south of Alkane’s Boda.

Strategic minerals developer, Neometals, has hit the hydrometallurgical jackpot at its Barrambie project in WA, with recent test work recovering a whopping plus-99% titanium from its current processing flowsheet. The uber-successful WA minerals developer has now confirmed that it can successfully recover high purity hydrated titanium dioxide, or titanium hydrolysate, from Barrambie’s ores, potentially exposing it to both the titanium pigment and metals markets.

Venus Metals and Rox Resources have struck gold again at their Currans Find JV project in the Youanmi region of WA. Headline results from an RC drilling campaign at the Red White and Blue prospect include 9 meters grading 3.27 grams per tonne gold from 35m that also contains a higher grade 8g/t intercept over 2m. Gold numbers from the Currans North prospect continue to impress with 2m grading 5.6g/t from 163m downhole.

Heavy rare earths developer and miner, Northern Minerals, has been making good headway with a scoping study into the commercial properties of its rare earths deposit at the Brown’s Range project in the East Kimberly region of WA. Consistent with recent radical advancements in science, rare earth’s are becoming increasingly valuable sources of materials that are used in electronic, optical, magnetic and catalytic technologies.

Aurora Labs is bringing its futuristic 3D printing technology to the fore through the development of its market-leading “Rapid Manufacturing Printer One”, or “RMP1”. The RMP1 3D printer uses a process called “direct metal laser melting”, that can print more than a single layer at a time, which the company has trademarked as “Multi-layer Concurrent Printing”. This printer is the stuff of the future – it literally melts metal powder and builds a product or part from the ground up.