Public Company News

Infinity Lithium has pivoted to an underground mining plan in a bid to win local support for its proposed San José lithium project near the city of Cáceres in the Extremadura region of Spain. The company has been formally invited to present its redesigned development proposal to the Extremadura Regional Government and the Cáceres City Council.

Indonesia-focused explorer Sihayo Gold has followed up its recent high- grade surface samples with strong diamond drilling assays from a 30-hole exploration program that has extended its Sihorbo South target and firmed up the modelling for its maiden mineral resource estimate. Sihorbo South is now shaping up as a satellite operation to the company’s main Sihayo Starter project.

In what is likely to quicken pulses around the ASX floors, Galan Lithium has drawn first blood at its Greenbushes South project in WA, with recent airborne radiometric, magnetic and digital elevation modelling survey data unveiling the first pegmatite lens at the operation. The discovery has the added allure in that it is a mere 15km from the Greenbushes mine, the world’s largest hard-rock lithium deposit.

Meeka Gold looks to be riding a winner after recent RC drilling at its Circle Valley project unveiled another thick zone of shallow gold that continues to highlight the precious metal potential of the site about 85km south of Norseman in Western Australia. The probe was aimed at testing the prospectivity of a patch of dirt below a 1.2km by 400m zone of regolith gold.

Gold and critical minerals explorer Tambourah Metals has confirmed gold-bearing quartz veins at its Tambourah King prospect in the Pilbara after receiving early assay results from drilling completed in March. Results include one hole going 22m at 2.83 grams per tonne gold from 22m, containing 9m at 6.46 g/t from 35m and 1m at 9.86 g/t from 39m.

Okapi Resources is set to dive into a maiden exploration program across a range of projects at its Athabasca Basin uranium tenements in Canada. The company has recently completed a comprehensive analysis of satellite image data from its Newnham Lake and Perch projects showing a bevy of attractive targets that call for a closer look.

Chimeric Therapeutics has cut out significant global supply chain problems facing the cell therapy industry by developing its own viral vector system to deliver its patented treatment for killing brain tumours. Viral vectors are tools commonly used by molecular biologists to deliver genetic material into cells.

Strickland Metals has received higher-than-expected assay results from recent diamond drilling at its Millrose gold project about 85km north-east of Wiluna in WA that suggest it is part of a very large gold system. Mineralisation at Millrose North is now defined over 300m whilst remaining open at depth and along strike.

ASX-listed Radiopharm Theranostics is moving quickly to add another cancer-fighting weapon to its diagnostic armoury after penning a sub-licensing agreement for a promising radiopharmaceutical agent with a US company. The Melbourne-based biotech company believes the agent can target several tumour types, including gynaecological cancers however the company is focusing first on its possibilities for detecting and treatment of aggressive brain tumours.

Lithium Australia’s joint venture partner Charger Metals is poised to fire up the drill rig at its Medcalf prospect, part of the larger Lake Johnston project about 450km east of Perth in WA after confirming a significant lithium system at the site. The looming campaign will follow work at its nearby Coates and Bynoe projects where an imminent delivery of drilling approvals is expected.

Australian reproductive biotechnology company Memphasys is taking advantage of the worldwide easing of travel rules to turbocharge its trademarked Felix System into global in-vitro fertilisation markets. Memphasys has announced a targeted sales push, with the first pitch aimed at India, where Felix late last year scored its breakthrough commercial sales deal.

Mineral explorer Aurumin has intersected visible gold in its first diamond drill hole at the company’s 784,000-ounce Central Sandstone gold project 130km west of Leinster in WA. With the RC portion of its program completed, the diamond drilling aims to extend and better define the project’s premier underground resource, Two Mile Hill, of 14.2Mt grading 1.1 g/t and containing 500,000 ounces of gold.