Public Company News

Emu NL has unearthed a new high-grade gold discovery at the Watertank Hill gold prospect near Yalgoo in WA, representing a potential southern extension to its nearby Monte Cristo prospect. Significant gold hits at Watertank Hill include a 2 metre hit grading 9.94 grams per tonne gold from 51m including 1m grading a stellar 19.35 g/t gold from 51m.

ASX-listed Aldoro Resources says high grade rubidium and lithium has been showing up in rock chips collected from its Wyemandoo pegmatite prospect in Western Australia and rubidium values are comparable with the richest JORC compliant global rubidium deposit in Namibia. The anomalous assay data stretches over an area greater than 9km over four contiguous exploration permits which Aldoro has termed the Wyemandoo project.

DiscovEx Resources is onto some early signs of gold at its Sylvania project, 13 kilometres from Newman in WA after 90 per cent of assays returned from its phase two infill sampling program revealed several “kilometre-scale” gold anomalies with peak results of up to 0.5 grams per tonne. The company says the anomalies are coincident with favourable geology and it is now gearing up to complete additional infill and regional sampling.

Mineral exploration company, Great Southern Mining has commenced a moving loop electromagnetic survey that is looking to generate magmatic nickel sulphide drill targets across some 70 square kilometres of ground at its East Laverton nickel project in WA. The company believes the tenure to be prospective for hosting large nickel sulphide deposits geologically akin to several recent discoveries in WA, including the celebrated Nova-Bollinger discovery in the Fraser Range.

Quantum Graphite has wrapped up a diamond drilling program at its Eastern Conductor prospect near its Uley 2 resource in South Australia that it says is visually showing grades of up to 20 per cent in several drill cores. The program extends mineralisation to the east of the proposed Uley 2 pit that houses a 6.3m tonne resource grading a very respectable 11.1 per cent total graphitic content.

Buru Energy has been quietly weighing into the burgeoning hydrogen industry and has now amassed some 29,000 sq kms of ground in South Australia that it says is prospective for “natural” hydrogen. Better known for its Canning Basin oil and gas tenure, Buru’s hydrogen play in SA is unusual in that it is a naturally occurring energy source rather than a manufactured one.

Novo Resources has tabled several high-grade gold hits at its untested Genie lode-gold prospect, located within cooee of its operating Golden Eagle processing plant in the Pilbara. Best new intercepts include 8m at 4.6 g/t gold from just 26m. The new discovery may give Novo additional mill feed options at its nearby conglomerate gold mine as it awaits approval to mine the fresh rock from its Beatons Creek project.

Aruma Resources has received the tick of approval to drill its Mount Deans lithium-tantalum project after its “program of work” was approved for actioning. A heritage survey is now the final hurdle before Aruma can unleash a rig at the exciting WA lithium project. The project sits within WA’s ‘lithium corridor’ 120 kilometres south of Kalgoorlie that has previously identified spodumene mineralisation along 1.4km strike.

Junior explorer, Native Mineral Resources has put its foot on what looks to be a compelling exploration tenement prospective for copper, gold, zinc, lead and silver, some 100 kilometres west of Cairns in north Queensland. The property is host to a mineralised breccia pipe, curiously named the “Maneater Breccia”, where a single historical drill hole intercepted more than 300 metres of sulphides down-hole.

ASX-listed, Blackstone Minerals has teamed up with leading supply chain “traceability” provider, Circulor to launch a nickel and cathode precursor traceability system for its Ta Khao nickel operations in Vietnam. The collaboration will empower Blackstone to demonstrate its compliance with environmental, social and governance sustainability metrics, stretching from its mining operations through to the refined final products.

ASX-listed Lithium Australia is continuing to carve out an envious position in the white-hot lithium market after its 90 per cent owned subsidiary Envirostream, rubber-stamped a deal with Bunnings to collect spent batteries from its all its Australian stores and selected stores in New Zealand. The company says the agreement was reached in anticipation of the Battery Stewardship Council’s Battery Stewardship Scheme.

ASX-listed Globe Metals & Mining has applied for a novel patent covering its metallurgical technology that could slash operational and capital costs and improve recovery of niobium at its exciting Kanyika niobium project in Malawi. The company recently released jaw-dropping results from a feasibility study on the project where a total EBITDA figure of US$3.74 billion across an initial 23 year mine life was envisaged.