Public Company News

Artemis Resources has outlined a development drilling program for its flagship Carlow Castle gold-copper-cobalt project in the Pilbara of WA that is aimed at upgrading the current inferred mineral resource to the higher confidence indicated status. The drilling will close up the drill spacing over higher-grade sections of the existing mineral resources and allow the company to derive a maiden ore reserve for the project.

Aurora Labs has successfully printed a series of 10mm high, titanium parts in just 20 minutes, proving the ability of its proprietary multi-level 3D printing technology to manufacture complex shapes at high speed. This outcome is another step towards its goal of using additive manufacturing to produce parts in a whole range of application. The company has also successfully printed an aluminium part with a high density of around 99%.

Hammer Metals has delineated a number of prospective looking copper-gold and gold only anomalies from a soil geochemical survey program at its early-stage, Mt Philp breccia iron oxide-copper-gold project, near Mount Isa in Queensland. The company said that it is now field checking the new copper-gold anomalies and that a ground gravity survey is planned to investigate possible blind exploration targets.

Buru Energy has completed the acquisition of a further 22.5% interest in two exploration permits in the Canning hydrocarbon Basin in WA’s Kimberley from Mitsubishi Corporation for $720,000, taking its operating stake up to 60%. Permits EP 457 and EP 458 are considered to be prospective for conventional oil in a number of formations with the 2015 Victory-1 well recovering oil from the Laurel Formation.

Spectrum Metals has drilled a bonanza grade intercept at its new Penny North gold prospect near Youanmi in WA, returning a 4 metre wide intersection of mineralisation grading 105.2g/t gold from 151m down-hole. The company has expanded its drilling campaign to follow up the new find, which is along strike from a historical open pit that produced 85,000 ounces at 21.8g/t gold in the 1990s.

Terrain Minerals has generated a high-grade grab sample of 4.67g/t gold from its new 382-shear prospect, located just south of its flagship Great Western gold resource, near Leonora, WA. The target is interpreted over more than 2.5km of strike and the company is planning a follow-up field program of shallow trenching, geological mapping and surface sampling to delineate potential drill targets along the prospective structure.

Greenland Minerals has reached a key milestone for its giant Kvanefjeld rare earth project in Greenland with its social impact assessment now ready for public consultation. This offers stakeholders the opportunity to provide feedback on the assessment, which will be incorporated into a final document forming part of the package of material required for the mining licence application process.

Anglo Australian Resources has started a 52 hole infill drilling campaign at the Mandilla South target of its Mandilla gold project located 20km southwest of Kambalda and along strike from the East Mandilla resource. This campaign will define initial bedrock drilling targets for a future reverse circulation drilling campaign within the extensive supergene-enriched gold blanket.

TNG Ltd has applied to trade mark its high-quality, low iron titania pigment produced via hydrometallurgical processing of ore feedstock from the Mount Peake multi-commodity mine near Alice Springs in the NT. The product’s main use is in paint additives and coatings applications, so the minuscule iron content is a bonus, as it enhances the “brightness” of the tint and inhibits corrosion.

PharmAust continues to tick off the milestones at its ongoing Phase I clinical trials for its anti-cancer drug Monepantel in dogs with the escalation study showing no adverse safety issues. Beagles treated with up to 10 Monepantel tablets displayed no adverse effects or signs of toxicity after being monitored over three days. The company will now start dosing tests to determine how best to maintain long term monepantel blood levels.

Vonex is continuing to build its sales momentum with a 34% year-on-year growth in new customer orders for February as it continues to sign up new channel partners and users for its cloud-based PABX telephony business. The company passed the 27,500 PABX users mark in March and processed more than 500 new customer orders through its channel partner-focused sales software, Sign on Glass.

Hawkstone Mining has estimated that its Big Sandy lithium clay project could hold between 242.1 million tonnes and 417.6 million tonnes grading from 1,000 ppm to 2,000 ppm of lithium, in an Exploration Target unveiled this week. The company is completing a follow-up diamond drilling program over the Northern Mineralised Zone at Big Sandy, with the aim of generating a maiden JORC-compliant mineral resource.