Public Company News

Soil samples taken from Si6 Metals’ Maibele East and Mashambe prospects in Botswana have revealed elevated levels of copper, zinc and nickel suggesting the possibility of nickel-sulphide deposits lurking beneath. Identified by X-ray fluorescence analysis, Si6 says the samples show evidence of ultramafic lithology across the Maibele-Mashambe trend whilst exploration at its Gobajango prospect has also revealed highly prospective mineralisation.

As extensional drilling at Strickland Metals’ cornerstone Millrose deposit continues to deliver shallow high-grade gold the company is gearing up for further work at its gold and base metal projects 70km east of Wiluna in WA’s Mid West region. The latest oxide gold drill results coming out of Millrose include 28m at 3.7 grams per tonne gold from 54m containing a high-grade hit of 6m at 12.1 g/t.

Lithium Australia’s wholly owned subsidiary Envirostream has bolstered a partnership with an arm of consumer electronics dynamo LG to recycle over 250 tonnes of lithium-ion batteries. Under the agreement the company will deliver spent cells to the recycler’s facilities in Melbourne where the devices will be stripped, processed and treated before being repurposed into new energy storage solutions.

A first phase of exploration drilling has yielded Horizon Minerals high-grade results from its Pinner prospect at the company’s Cannon gold project 30km south-east of Kalgoorlie in WA’s Goldfields. Notably, new and shallow mineralisation was encountered with intercepts including 1m at 35.39 grams per tonne gold from 36m within a broader 6m hit going 6.94 g/t from 35m.

Diamond drilling at JV partners DiscovEx and Carnaby Resources’ Nil Desperandum prospect near Mt Isa in Queensland has unveiled another patch of copper-gold mineralisation that has extended the zone's prospectivity. The joint venture says the mineralisation remains open at depth and plans are plan place to continue chasing it through additional drilling and downhole electromagnetic surveys.

St George Mining shares shot up nearly 40 per cent at one point during intraday trading on news of significant lithium potential at the company’s Mt Alexander project 95km west of Leonora in WA. Initial field mapping and rock chip sampling at the project has confirmed numerous outcropping pegmatite dykes occurring in swarms that extend over 15km within its ground.

TSX-listed Novo Resources is ramping up its exploration blitz across the company’s highly prospective 11,000 square kilometre Pilbara portfolio with a significant focus on gold prospects at its Purdy’s North project. An RC drilling program is currently underway at the Morto Lago copper-gold target in addition to the Milburn nickel-copper-gold prospect at the company’s project near Karratha in Western Australia.

A tough winter drilling campaign in northern Tasmania has borne fruit for ABx Group with assays more than tripling the lateral extent of the high-grade rare earth elements mineralisation at its Deep Leads deposit. The company has now kicked off its maiden resource estimation. The market liked the news with its shares closing 32 per cent higher at the end of trading.

Coda Minerals has launched a 30-hole, 3000m RC drill campaign at its Cameron River copper-gold project near Mt Isa in Queensland’s north. The company will use the probe to test a suite of promising geochemical and induced polarised targets at the site and plans to have the program completed in about 3 weeks.

Ahead of an inaugural drill campaign Askari Metals has extended its copper mineralised footprint and defined extensive gold mineralisation after sifting through soils at the company’s Horry copper and gold project in WA’s Kimberley region. The recent soil sampling work picked up results of up to 655 parts per billion gold and up to 152 parts per million copper.

The Dusty nickel project in WA’s north-eastern Goldfields continues to deliver for Toro Energy after follow-up drilling at its recently discovered Dimma deposit hit massive and semi-massive nickel sulphides. The company says exploration intersected a zone of intermittent nickel-sulphide mineralisation that extends for more than 20m and includes 2.5m of continuous massive nickel sulphide from 314.7m downhole.

Assays from the central ore zone of Podium Minerals’ Parks Reef platinum group metals project continue to deliver high-grade results as the company assesses its mining potential near Meekatharra in WA. Highlights include a 16m intersection at 2.51 grams per tonne 3E PGM from 76m that recorded 1.69 g/t platinum, 0.80 g/t palladium and 0.01 g/t gold.