Public Company News

ASX-listed Aldoro Resources has substantially increased its exposure to the battery metals sector after it successfully completed due diligence on and settled the acquisition of two lithium-rich projects in Western Australia’s Mt Magnet region adjacent to its Narndee-Windimurra project. Aldoro will now pick up Meridian 120 Mining’s 100 per cent interest in tenements located in the Mt Magnet area of Western Australia.

Coda Minerals has backed up its high-profile Emmie Bluff IOCG discovery in South Australia’s revered Gawler Craton with recent drilling returning copper mineralisation over more than 35 metres width including an impressive 28.14m at 1.21 per cent copper, 0.37 grams per tonne gold and 2.3 g/t silver from 810.79m down-hole. The company says individual assays kick as high as 5.39 per cent copper within the sulphide zone.

Aurora Labs appears to have scored a major coup by entering into a collaboration agreement with Australian defence contractor, BAE Systems Maritime Australia to test its specialist 3D metal printing technology’s ability to “print” stainless steel components for the construction of Australian Navy frigates. The components to be tested are currently sourced via traditional manufacturing and wholesale channels.

ASX-listed gold miner Ora Banda Mining has chalked up a solid quarter of gold production at its recently revived flagship Davyhurst mining and processing operation in WA. The company achieved total gold output of 10,356 ounces for the three-month period ended June 30 from 201,817 tonnes of ore treated that went at an average head grade of 1.81 grams per tonne.

Aldoro Resources has added to its exploration target list in Western Australia, with recent geophysical surveying over its tenure on the Narndee Intrusion, east of Paynes Find, lighting up new drill targets. Moving loop electromagnetic surveys over the ground to the east of its VC1 prospect has highlighted two prospective sulphide conductors, with three-dimensional modelling providing additional targets for current drilling programs.

ASX-listed Ardiden Limited has secured a $500,000 improvement in the terms of its divestment of up to 80 per cent of its hard-rock lithium projects in north-west Ontario, Canada, to ASX hopeful Green Technology Metals. The duo will form a joint venture partnership that will see Green Technology buy the stake under a staged-payment structure for $9.2 million.

Perth-based explorer Venture Minerals has increased its footprint in Western Australia’s emerging western Yilgarn nickel-copper-PGE province, through the strategic earn-in acquisition of highly prospective tenure south of the company’s Kulin project. Kulin sits along strike of the Jimperding metamorphic belt that hosts Chalice Mining’s high-profile Julimar nickel-copper-PGE discovery.

ASX-listed Si6 Metals expects to wrap up its acquisition of the Monument gold project in Western Australia’s Laverton district before the end of next month after exercising a long-held option with DiscovEx Resources to purchase the large land package in one of the world’s most prolific gold producing areas.

Western Australia explorer Zuleika Gold has delivered a bevy of high-grade gold intercepts from its recent round of drilling at the Paradigm East discovery, north-west of Kalgoorlie. Deeper reverse circulation drilling has returned 10 metres at 2.53 grams per tonne gold from 51m and 4m at 4.93 g/t which includes an impressive 1m at 18.48 g/t from 72m down-hole.

Kairos Minerals could be set for some significant milestones with results pending from about 15,000m of gold drilling at its Mt York and Kangan projects in the Pilbara region of Western Australia. The company is looking to grow Mt York’s existing 873,000-ounce resource base, whilst at Kangan it is seeking to uncover an intrusion-hosted gold deposit similar to the nearby 6.8-million-ounce Hemi gold discovery.

ASX-listed junior explorer Aruma Resources says it is finally “locked and loaded” and ready to set off an avalanche of drilling starting in August at its pipeline of key projects in Western Australia after securing a series of state regulatory approvals for its planned programs. The company plans to punch out an impressive total of about 9,000m of reverse circulation drilling across its quartet of assets.

King River Resources has delivered several batches of a 5N high-purity precursor compound used to produce 4N high-purity alumina through its innovative and proprietary ARC process. The company plans to become a producer of 4N high-purity alumina and has launched a definitive feasibility study into its proposed operation at Kwinana in Western Australia after tabling some stellar numbers in a recent pre-feasibility study.