Public Company News

Meeka Gold has unveiled some strong rare earths numbers grading up to 2,563 parts per million total rare earth oxides after analysing historical drilling that had been testing for three of the 15 rare earth elements at its Cascade rare earth project in WA. 4,426 metres of reconnaissance drilling completed between 2012-2015 has been reviewed with the final metre of each drill hole previously assayed for only 3 of 15 rare earths.

ABx Group has signed a joint venture agreement with Alumin to develop its Sunrise bauxite mine and port project. The mine is expected to have a 20-year life and provide 50 direct local jobs. Situated 115km from Bundaberg Port in Queensland it is anticipated the mine will initially export 500,000 tonnes per year of metallurgical grade bauxite, scaling up to 2 million tonnes per year.

After months of Covid-impacted labour shortages, Buru Energy has begun the process of well testing at its Rafael 1 oil and gas well in WA’s Canning Basin. The company has started the clean up process in anticipation of turning the taps on, opening up the valves and finally ascertaining definitive flow rates from November’s ‘wet gas’ discovery. A robust result could lead to Buru’s second major development in the area.

Canadian listed gold producer Novo Resources Corporation has struck high grade gold up to a serious 91 grams per tonne, or nearly 3 ounces to the tonne, through rock chip sampling at the historic Pilgrims Rest gold mine within the company’s Station peak prospect in Western Australia. Other notable high grade rock chips were 30 g/t gold, 13 g/t gold and 12 g/t gold.

Tambourah has captured 17 priority targets in its battery metals search after a detailed data analysis of the Wongan Hills South project in the Wheatbelt region of Western Australia. The targets were generated using available geophysics and the project’s database. The Wongan Hills South project is part of Tambourah’s larger Julimar North project in what is fast emerging as Australia’s most exciting PGE-nickel-copper-cobalt mineral field.

Cyclone Metals has acquired six exploration projects in New Zealand covering gold, copper, nickel and platinum group elements. Highlights include the Muirs project containing 222,000 ounces of gold near the 45 million ounce Hauraki goldfield. At the Mareburn project drill hits include 10m at 2.4 g/t gold and it is only 8km from the 10-million-ounce Macraes gold mine.

CZR Resources has received assays from the first 55 holes of a larger drill campaign that indicate the potential for a massive upgrade to direct shipping iron ore resources at Robe Mesa in the Pilbara. Resource increases are anticipated from extensive mineralized hits outside current resource blocks and from the lower ore horizon below existing pit designs.

Trigg Mining is set to directly benefit from $678 million in government funding earmarked to upgrade “The Outback Way” linking Laverton in WA to Winton in Queensland. The funding will be used to seal the road extending from 40km east of Laverton to the WA-NT border, passing through Trigg’s tenure connecting the company’s developing Lake Throssel potash project with key domestic and international export markets.

ASX-listed Metal Hawk has lit up a string of bedrock conductors, potentially pointing to the presence of massive nickel sulphides following a ground electromagnetic survey at its Berehaven project located some 20km southeast of Kalgoorlie in Western Australia. Several of the identified conductors lie along strike from the company’s exciting massive nickel-sulphide Commodore discovery which has returned assays up to 5.89 per cent nickel.

Godolphin Resources has dated the mineralisation at its Turrawonga prospect within its Copper Hill East project in NSW which it says is remarkably similar to the massive Cadia and Boda copper-gold discoveries in the region. The company believes its porphyry intrusions date back to the Ordovician age, the same age as many major discoveries that hug the lucrative Molong Volcanic Belt in NSW.

Strickland Metals is hitting its Millrose gold project in WA hard with three drill rigs to remain on site for much of 2022. Drilling is currently focused on laterite hosted gold near surface and strike and depth extensions are key targets in a big push to add to the existing 603,000-ounce gold resource ahead of the development of a mining plan.

Surefire Resources may be poised to unwrap a parcel of polymetallic treasures after a high−resolution aeromagnetic survey and first-pass exploration work at its Kadji Project in the West Yilgarn region of WA confirmed the presence of nickeliferous ultramafic lithologies. The project is considered highly prospective for nickel, copper and platinum group elements and is in the same province as Chalice Mining’s Julimar Gonneville discovery.