Public Company News

The historic Wiluna gold project never fails to surprise the market with the latest drilling by Blackham Resources uncovering multiple extensions of high-grade shallow mineralisation right on the doorstep of the rejuvenated mill. The company said it was working on another upgrade of resources and reserves after a string of gold hits, including 16m at 4.41 g/t from just 2m below the surface.

The election of a new pro-mining Government in Greenland might just be the enabler required for Greenland Minerals to fast track its massive rare earths and uranium project into production. The incoming Government has specifically expressed its support for developing Greenland’s rare earths and uranium riches, the largest and most advanced owner of which is Perth based Greenland Minerals.

Shares in Azumah Resources have jumped by more than 50% on spectacular gold hits from its Wa project in Ghana, including 44m at 5.37 g/t gold. The West African-focused explorer believes a new geological model has led it to a high-grade oreshoot that could plunge to extensive depths and may lead to a material upgrade in resources. The company has enough funding to find out too.

Neometals has announced it has mined a bulk sample of high grade titanium-vanadium ore from its Barrambie project for dispatch to metallurgy research institutes in China. The material selected is potential ore feed for a future direct shipping operation and samples will undergo extensive beneficiation and pyrometallurgical test work to confirm the optimal processing pathway ahead of offtake pricing negotiations with the Chinese.

Australian Potash has announced the appointment of Jay Hussey to the position of Chief Commercial Officer to take charge of the company’s DFS for its Lake Wells potash project near Laverton. Mr Hussey is a fertiliser industry executive, having served 10 years as VP of China’s Migao Corporation. He has an extensive background in potash marketing, supply contracting, off-take and JV negotiations.

Galena Mining has commenced deep exploration drilling at its Woodlands copper prospect, 200km north of Meekatharra. The company is targeting two high priority electromagnetic targets delineated last year from heliborne geophysical surveys. The targets coincide with historical drill intersections that include 60m @ 0.3% copper from 505m and 3m @ 1.6% copper from 188m down-hole.

Security surveillance company Spectur will roll out state-of-the-art artificial intelligence technology on its suite of security camera systems, enabling its remotely monitored solar-powered cameras to learn and recognize peoples’ faces, vehicle number plates and even specific objects. Perth-based Spectur expects field trials of the new smart camera technology to commence in the next two months.

Emu NL says it might be on the cusp of an exciting gold-silver discovery at the Vidalita project, within the strongly mineralised Maricunga belt in Chile. The company has completed a drill campaign that identified wide intervals of rock types, textures and alterations that could represent the top of a high value, epithermal gold system. Visible sulphides were intersected beneath anomalous surface sampling.

With the wet season out of the way, King River has finally begun follow up drilling at Mt Remarkable in the East Kimberley, where drilling in November produced one of the year’s most exciting gold hits. One rig is already on site, and another is on its way to the high-grade epithermal gold discovery that produced 11m at 27.9 g/t gold, including 1m at 90.7 g/t.

Terrain Minerals is about to kick off its maiden drill program at the Red Mulga project, 100km east of Kalbari. The company believes that a large mafic-ultramafic geological complex may exist at the project, based on anomalous nickel, copper and chromium assays returned from surface sampling. Drilling will also target elevated gold, copper, silver and lead assays returned from extensive quartz veining.

Legend Mining has announced anomalous nickel-copper assays from an aircore drill program at its Rockford project in the Fraser Range of W.A. The work returned results up to 37m @ 0.34% nickel and 0.22% copper from 56m depth, extending the mineralisation at the Area D prospect to over 300 metres. The company also reported that end-of-hole drill chips contained nickel-copper sulphide minerals.

Blackham Resources suddenly has more gold reserves available for processing through its existing Carbon in Leach plant at the Matilda-Wiluna project thanks to positive results from recent metallurgical testwork. The testing found that transitional ore between oxides at the surface and the bedrock sulphides is suited to CIL treatment, and can be processed at a 30% lower cost than previously thought.