Public Company News

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.

Around-the-clock diamond drilling by St George Mining at its evolving Mt Alexander base metals project in WA’s north-eastern Goldfields is starting to pay off, with recent results confirming deeper massive nickel and copper sulphide mineralisation at its exciting Investigators prospect. Two large step out holes, which were completed to test deep electro-magnetic conductors, intersected a range of sulphides at previously unexplored depths.

Legend Mining has revealed that massive sulphide mineralisation has been intersected during diamond drilling at its D5 conductor, located at the Rockford project in the Fraser Range of WA. The company intersected an almost 10m wide zone of significant nickel-copper sulphides from 110.3m down-hole and the diamond rig will now move onto the D1 conductor. The company says that D1 is a very strong, discrete geophysical feature.

PolarX’s suspicions that it might be sitting on a significant porphyry-style copper-gold-molybdenum mineralised system at its Alaska Range project in the US appear to have been confirmed by the first diamond assays returned from the Mars prospect. Whilst still early days, if this proves to be the case, the Perth-based company may one day find itself rubbing shoulders with some of the world’s largest copper miners.

A furious diamond drilling campaign at its namesake gold project near Leinster in WA, could see Bellevue Gold become the newest member of the exclusive two million gold ounce club. At the Tribune prospect, impressive assays include 9.6m at 14.1 g/t gold from 107.9m, 3m at 33g/t from 162m, 1.9m at 29.3g/t from 58m, 5.2m at 5.4g/t from 203m and 0.6m at 273.5g/t gold.

Youanmi Gold Project joint venture partners, Rox Resources and Venus Metals, have hit the ball out of the park with their latest RC drilling results, returning some stunning, near-surface hits – including 5 metres at an amazing 4 ounces to the tonne gold from surface, 1m at an extraordinary 591.89g/t gold from just 3m and 0.5m at a whopping 1058.49g/t , all in the same bonanza hole.

Emerging tech player, K2fly, has inked a lucrative $1.45 million contract with mining heavyweight, Rio Tinto, for its innovative software technology. The small cap listed company will now roll out its specialist “RCubed” mineral resource governance software across 20 Rio sites around the globe. K2Fly’s RCubed software is an innovative peice of mining technology that manages the most valuable of a client’s primary assets – its mineral resources.