Public Company News

Altech Chemicals has unveiled a 60KWh battery that uses garden variety table salt instead of lithium and other critical metals typically found in a lithium battery. The company is looking to muscle into the multi-billion-dollar renewable energy and grid storage market that is currently dominated by the lithium players. The battery is designed to fill the need for middle and long-duration power sources that provide sustained power over long periods.

Preliminary data from a magnetotelluric survey across key targets north of Perth has identified a suite of conductors for Tambourah Metals at its Bolgart East, Yerecoin and Wongan Hill South projects. Early imaging shows the presence of multiple conductors at each project where the company is targeting nickel, copper and platinum group elements amongst other resources about 120km north of Perth in WA.

White Cliff Minerals’ WA projects have thrown up rare earth rock chip results up to 924 parts per million TREO at Yinnetharra in the Gascoyne region of WA and drilling of magnetic and other anomalies is now imminent at the company’s Hines Hill project in search of buried carbonatite hosted rare earths mineralisation.

ASX-listed Carnaby Resources and its joint venture partner DiscovEx Resources have achieved excellent results during metallurgical test work from the JV’s Nil Desperandum prospect within its Greater Duchess copper-gold project at Mt Isa in Queensland. Copper recoveries of up to 99 per cent and high gold recoveries between 80 per cent and 87 per cent were achieved from the prospect.

Strickland Metals has locked onto further gold mineralisation with a round of diamond drilling at a recently discovered lode within the company’s 603,000-ounce Yandal gold project in WA. With a standout intersection of 7.7m at 6.6 grams per tonne gold from 179m, Strickland’s diamond work has confirmed its ‘Wanamaker’ lode as a 300m long high-grade deposit that remains open at depth.

Aruma Resources has wrapped up a 48 RC hole, 4,784m maiden drilling program at its Melrose Gold Project in the Pilbara targeting historic soil and drilling anomalies along trend from the 1.2-million-ounce Paulsens gold deposit which lies some 5km to the south. The first two holes have been submitted to the assay laboratory with results pending.

Fresh assays from phase two diamond drilling at Godolphin Resources and joint venture partner Orange Minerals’ Calarie gold project in New South Wales have validated a suite of compelling hits from a historical probe. The feature strike from the five-hole, 1170m program was a 2.4m intersection at 15.69 grams per tonne gold from 45m, inside of a larger 10.6 section grading 5.63 g/t from 39m.

On-site analysis of assays from St George Mining’s RC drill program at its Mt Alexander project near Leonora has identified visible lithium mineralisation from pegmatites at the company’s Jailbreak prospect. The explorer has struck multiple pegmatite intervals up to 13m thick from surface with lithium-bearing minerals visually identified in drill chips from the current campaign.

ASX-listed Neometals is one step closer to negotiating a binding offtake agreement with potential Chinese partner Jiuxing Titanium Materials after the success of an industrial-scale smelting trial in Western Australia. The emerging battery metal producer received encouraging results from its production of titanium dioxide chloride slag at a grade of more than 90 per cent using mixed gravity concentrate from its Barrambie titanium and vanadium project near Sandstone.

The final batch of assays from a maiden diamond drilling program at American West Metals’ Storm project in Canada has once again highlighted the shallow, high-grade nature of a prospective zone coined “2750N”. Banner results include a 2m section going almost 16 per cent copper from 70m inside a larger 19m parcel at 2.08 per cent from 58m downhole.

Meeka Metals has continued its run of solid hits at its Murchison gold project including a 4m intercept returning high-grade results of more than two ounces to the tonne at the company’s St Anne’s prospect. The 4m section recorded an outstanding 87.5 grams per tonne from 172m and was intercepted 100m below gold oxide results that Meeka reported in August this year.

ASX-listed biotech company Chimeric Therapeutics has signed a sponsored research deal with Case Western Reserve University in the United States to develop the company’s NK cell therapy portfolio to assist in its fight against cancer. One of Chimeric’s key missions is to cure cancer, not simply slow its progress, by developing cutting-edge cell therapy treatments aimed at killing the molecules that drive cancer cells and promote metastases.