Public Company News

Askari Metals’ soil sampling at its Callawa project near Marble Bar in Western Australia's Pilbara region has yielded significant nickel-copper-cobalt mineralisation, with a top value of 1808ppm nickel. It also threw up a a strong nickel-chromium correlation to a high of 2349ppm chromium, a high magnesium- chromium content and a typical nickel-copper ratio – all indicating a strong potential for peridotite-dunite-associated nickel mineralisation.

American West Metals has hit high-grade, sediment-hosted copper in three diamond drill holes sunk at its Storm project in Canada’s Nunavut province, with the intercepts below the site’s near-surface copper deposits. Highlights show a 76m hit at 2 per cent copper from 32.4m, which included a headline grade of 49.6 per cent copper in a 0.5m slice.

Lycaon Resources has intersected more than 45m of 1 to 5 per cent visual nickel-copper sulphides from 330m after thrusting a second diamond drillhole into its Bow River project near Argyle in Western Australia’s Kimberley region. The company says the sulphides show a strong correlation with the upper limit of a gravity anomaly that is open along strike in excess of 1km.

It was a delight recently for Dollar Bill (sometimes known as Bill McConnell) to sit down and pore over the latest BDO Australia Explorer Quarterly Cash Update. For Dollar Bill, the report presented as a natural pairing with a fruity Chateau Latour and led to a wonderfully delicious and contemplative evening on the chaise lounge by the fire.

Independent testing by Novonix Battery Technology Solutions has found Lithium Australia’s lithium ferro phosphate (LFP) cathode material to be of high quality – either matching or exceeding competitor products across the key parameters of capacity, stability and high temperature performance. Tests suggest the company’s product is an attractive alternative in the existing LFP supply chain, which is heavily concentrated in China.

Galan Lithium has firmed-up the geological pegmatite model at its Greenbushes South project in Western Australia, with Fry’s Block assays suggesting a similarity to the globally-renowned Greenbushes deposit. It says Greenbushes, one of the world’s biggest and highest-grade hard-rock lithium operations, is about 5km north and on the same regional geological structure. More drilling is planned to test new pegmatite targets.

The Australian Patent Office has granted Neometals’ recycling subsidiary Primobius timely protection for the key hydrometallurgical separation “hub” of its lithium-ion battery (LiB) recycling process – the downstream component of its mechanical battery disassembly “spoke” plant. The company recently revealed it had received an order from Mercedes-Benz for a 10-tonne per day lithium-ion battery shredding plant for its new recycling operation in Germany.

Alma Metals has achieved the stage one earn-in requirements to reach an initial 30 per cent interest in Canterbury Resources Briggs, Mannersley and Fig Tree Hill joint venture copper project in Queensland. Alma has placed an exploration target of between 480m and 880m tonnes on Briggs alone, grading between .20 and .30 per cent copper and between 25 and 40ppm moly – and that’s in addition to the existing resource.

88 Energy has boosted its Phoenix project in Alaska by mapping the Upper Slope Fan System reservoir an additional 7km further south than had previously been modelled. The Upper SFS reservoir boasted abundant oil shows and fifteen times background gas levels when drilled by the Hickory-1 well in March this year, causing the mud tanks to bubble. The Upper SFS represents a new resource addition for the project.

Meeka Metals has revealed it has completed a gravity survey over its St Anne’s and Turnberry resource areas to better define their principal mafic gold hosts. It has also begun drilling to extend the Turnberry resource and to probe surrounding thinly tested areas for additional ounces to bolster existing resource numbers.

Askari Metals is charging ahead with exploration at its Uis Lithium Project in the Erongo Region of central-west Namibia with multiple pegmatites in sight begging to be drill tested. The lack of vegetation on its ground has allowed Askari to image all outcropping pegmatites with high-resolution aerial data as it eagerly awaits the return of phase one drilling assays in the next two weeks.

Everest Metals Corporation will keep the drillbit spinning after delivering more high-grade rubidium and lithium results at its Mt Edon project near Paynes Find in Western Australia’s Mid West region. New drill results show up to 0.51 per cent rubidium oxide and 0.94 per cent lithium oxide, with an 80m hit at 0.32 per cent rubidium oxide and 0.11 per cent lithium oxide from 25m.