Public Company News

ASX-listed White Cliff Minerals has topped up the piggy bank with the sale of its Merolia gold project near Laverton for $274,000 to UK-based Panther Metals. The sale was flagged in November as part of a strategic review of White Cliff’s gold and base metals exploration portfolio, as it focuses on developing the highly prospective Reedy South and Midas projects, both located in Western Australia.

ASX-listed explorer, Impact Minerals looks to be on the money with its first reconnaissance drill program at its Rockwell prospect encountering widespread occurrences of copper-nickel-PGE anomalies over about 1.5 kilometres. The drilling included an RC hole the Perth-based company described as a breakthrough hole that intersected elevated copper over a 25m-wide sulphide zone.

Hot Chili’s ongoing drilling program has identified a second high-grade copper-gold core to its Cortadera porphyry in southern Chile. The latest results from the discovery include an extensive 248m intercept grading 0.4 per cent copper and 0.1 grams per tonne gold, hosting 32m at 0.6 per cent copper and 0.3 grams per tonne gold, from 446 metres down-hole.

Novo Resources, in conjunction with Sumitomo Corporation of Tokyo, has completed its earn-in obligations acquiring a 70 per cent interest in the precious metal rights on Essential Minerals’ Kangan project leases on the eastern side of the company’s Egina gold project tenements, in WA’s Pilbara gold region. Sumitomo joined Novo on Egina back in September 2018 via a $30m farm-in deal.

ASX-listed gold explorer, Okapi Resources, has picked up an “underexplored” historic gold project 30 kilometres south-east of Armidale near the historic Hillgrove antimony-gold mine in north-eastern NSW in a cash-and-scrip deal. The company says the Enmore gold project already boasts a couple of walk-up drill targets brimming with high-grade gold values from drilling and rock chip sampling work done by previous owners.

Western Australia-based InteliCare has continued its east coast expansion booking a significant order with Eremea Home Care Services in New South Wales. Eremea will initially take delivery of more than $150,000 of home care monitoring systems for use across its 1000 aged care and disability client base, including InteliLiving hardware and software and a 12-month subscription to the commercial InteliCare Pro platform.

Dampier Gold is set to hit the ground running in 2021 with planning underway for 30,000 metres of drilling across its Eastern Goldfields projects in WA. The aspiring miner has enjoyed a feast of success through 2020 and having recently topped up its coffers to the tune of $6 million, is champing at the bit to get back on the ground and kick up some dust.

ASX-listed Lithium Australia continues to kick goals with its unique approach to lithium-ion battery innovation with its latest modelling demonstrating improved cost efficiencies from its proprietary lithium-ferro-phosphate technology. The company now believes it has overcome all the significant cost, safety and performance hurdles it needs to produce a better product than its competitors in the expanding global electric vehicle battery market.

ASX-listed smart home technology provider, Quantify Technology, has completed an exciting merger with like-minded GSM Innovations while successfully raising $4 million. Adelaide-based GSM-I, a subsidiary of unlisted electrical specialists Gerard Private Holdings, manufactures the segment-leading Zimi integrated home technology products. The deal also sees Gerard Private take a 40 per cent major shareholder position in Quantify.

Estrella Resources has gone back-to-back at its Carr Boyd nickel discovery following up previous stellar numbers with a 20-metre thick nickel sulphide intercept from recent diamond drilling grading 1.02 per cent nickel and 0.65 per cent copper from 368.5 metres down-hole. The results also included a higher-grade core of 2.45m at 1.64 per cent nickel and 1.97 per cent copper.

TSX-listed Novo Resources has identified multiple highly prospective oxide gold targets within its newly consolidated and 100 per cent-owned Nullagine Gold Project, stretching south and east of its developing Beatons Creek project in WA’s emerging Northern Pilbara gold region. Several prospects are clustered into three separate trends which stretch across Novo’s Millennium Minerals ground for up to 50km, east from Beatons Creek.

Comet Resources says drilling is expected to commence in the new year at its 50 per cent-owned Santa Teresa Gold Project in the Baja California region of Mexico where Comet has already booked a maiden high-grade resource of 369,000 tonnes at a solid 7.47 g/t gold. The company said local contractors were already on the ground in preparation for the start-up of fresh drilling around the historical workings.