Public Company News

WA manganese producer, Element 25 has nailed down a multi-user access agreement with the Pilbara Port Authority that allows the company to ship manganese concentrate from its Butcherbird mining and beneficiation operation through Port Hedland’s Utah Point bulk handling and loading facility. Element 25 has been commissioning a new processing plant at Butcherbird and recently produced its first concentrate.

Surefire Resources will test a potential intrusive-related mineral system near old silver and lead workings at Kooline in the central Pilbara region with deep drilling after securing WA government co-funding and finishing a successful review of previously generated geophysical data. The ASX junior says re-processing and interpretation of VTEM survey results pointed to a large target and series of conductors just west of Kooline.

Venus Metals has jumped into drilling at its Vidure South prospect in Western Australia as it targets a pair of electromagnetic anomalies south-west of the Youanmi gold mine. The Vidure nickel-PGE targets were identified on the back of historical drill results and a recent high-powered, ground electromagnetic survey, which lit up the potential sulphide bodies.

CZR Resources has launched a 5,000m reverse circulation drilling campaign at the Buddadoo gold project in the Mid West region of WA. Seven priority gold targets are set to be tested along the Gullewa Greenstone Belt that hosts the Deflector mine with more than one million ounces in gold resources in an adjacent permit.

Infinity Lithium has cited high-level European Commission and Spanish national government support for ambitious EU electric vehicle and battery supply chain expansion targets that support development of significant domestic raw material sources such as its San Jose lithium project in Spain. Last week’s European Battery Alliance Day spotlight on San Jose followed the recent cancellation of Infinity’s investigation permit by a regional Spanish government.

Godolphin Resources has continued to eke out tantalising polymetallic intersections from an initial round of resource definition drilling at its Lewis Ponds project in the fertile Lachlan Fold Belt province in NSW. The pick of the new assays from Lewis Ponds was 5.2m going 0.36 g/t gold, 38 g/t silver, 2.05 per cent zinc and lead combined or 2.22 g/t gold-equivalent from 466.2m depth.

Australian mining technology company K2fly has wrapped up its second major contract with a leading global iron ore producer this month, closing a A$2.44 million deal that extends its long-term partnership with the expanding Roy Hill operation in WA’s Pilbara region. The new five-year Roy Hill contract follows hard on the heels of last week’s international pact with Fortescue Metals Group.

AVZ Minerals has extended the massive mineral resource for the cornerstone Roche Dure deposit at its proposed Manono hard-rock lithium and tin project in the Democratic Republic of the Congo. The deposit now has an estimated overall resource of 401 million tonnes at average grades of 1.65 per cent lithium oxide, 752ppm tin and 34ppm tantalum for 6.64 million tonnes of contained lithium oxide.

ASX-listed King River Resources has advanced a chain of core pre-feasibility study activities for its Kwinana project in WA as it seeks to carve a niche in the increasingly lucrative global high purity alumina and downstream markets. The company is working to bring to life its immense Speewah Dome vanadium-in-magnetite project in the state’s Kimberley region as a HPA feed source.

Estrella Resources looks to be on target as it continues drilling across its T5 nickel sulphide target in WA. Latest drill results from the discovery include an impressive 12.9m sulphide intercept, which hosts several zones of semi-to-massive nickel-rich mineralisation. The new zone of sulphides forms part of the Upper T5 conductor and is located 40m south of previous drilling, extending the envelope of this exciting nickel discovery.

ASX-listed Okapi Resources has kicked off exploration work at its Holly kaolin project in southern WA as part of technical due diligence relating to the recently announced planned acquisition of the project’s owner. The Perth-based company collected about 15 kaolin samples from Holly this week for assaying at a laboratory in Perth.

Wiluna Mining Corporation is poised to build the production platform that will position it to become one of Australia’s next significant gold mining companies after closing a A$93 million equity and debt funding deal to initially catapult its annual production rate from 60,000 ounces of gold to 120,000 ounces over the next 12 months. The company continues to see strong institutional support for its big-picture Wiluna growth blueprint.