ASX Briefs
ASX Briefs
×

Thank you for your interest. As of July 21, 2023, this project will be suspended.

You may wish to subscribe to our FREE weekly newsletter - with highlights from the lithium sector during the week.

If you wish to discuss continuation or a variation of this project, contact me on LinkedIn. Thank you.

Subscribe to our FREE weekly newsletter!

<June 2024>
MonTueWedThuFriSatSun
12
3456789
10111213141516
17181920212223
24252627282930

News from 9th January, 2023

*Disclaimer

If you find this site of use, please make a donation to Sock it to Sarcoma! in support of sarcoma research ๐Ÿ˜Š๐Ÿ™

SBR: Retraction Of Statements In Announcement

SABRE RESOURCES LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Sabre Resources Ltd has retracted certain statements in their 9th January 2023 ASX release on โ€œMajor New EM Conductor Extends Massive Sulphide Potentialโ€.
  2. The retracted statements referred to cash-flow potential and the economics of the Sherlock Bay nickel-copper-cobalt project being enhanced.
  3. Estimations of cashflow and economics of the Sherlock Bay nickel-copper-cobalt project remain subject to the results of a Pre-Feasibility Study.

2023-01-09 13:53:00

WBE: Rex 4 Status Update - Wizard Lake Production At 180 Boe/D

WHITEBARK ENERGY LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Wizard Lake Field production has increased to ~ 180 barrels of oil equivalent per day (boe/d) from ~ 50 boe/d prior to bringing Rex -4 online.
  2. Oil-cut in the recovered โ€œload fluidโ€ is steadily increasing and is now at ~ 15% in line with expectations.
  3. Preparations continue for additional Wizard Lake wells (Rex -5 through Rex -8) to address existing Proved (โ€œ1Pโ€) Reserves calculated at 2.3 million barrels of oil equivalent (MMboe).

2023-01-09 13:18:00

THL: THL Completes Sale And Leaseback Of Canadian Properties

TOURISM HOLDINGS RENTALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. THL has completed the sale and leaseback of Apolloโ€™s properties in Canada for a total purchase price of CAD$51 million.
  2. The sale generates pre-tax net cash proceeds (after the repayment of associated debt and closing costs) of approximately CAD$25.6 million.
  3. The lease terms provide THL with rights to the properties for up to 20 years (inclusive of rights of renewal) at a starting annual base rent of approximately CAD$3 million.

2023-01-09 12:47:00

CYP: Notice Of Acceptance For Cynata Australian Patent

CYNATA THERAPEUTICS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Cynata Therapeutics Limited has received a Notice of Acceptance from IP Australia for a patent application covering its proprietary Cymerus โ„ข mesenchymal stem cell (MSC) platform technology.
  2. The patent application entitled โ€œMethod for Treating Allergic Airways Disease (AAD)/Asthmaโ€ is wholly owned by Cynata and describes a novel method of use of Cynataโ€™s proprietary Cymerus MSC products in treating diseases of the lungs and airways.
  3. The patent adds to the existing broad and comprehensive IP protection of the Cymerus platform and its unique ability to yield highly consistent MSC s at scale, from a single donation, to create therapeutic stem cell products.

2023-01-09 12:41:00

CYL: Corporate Update

CATALYST METALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Catalyst Metals Limited is in confidential discussions with Vango Mining Limited regarding a potential combination transaction where Catalyst is the acquirer.
  2. No transaction has been agreed and the discussions are ongoing, so Catalyst is not yet in a position to provide further details.
  3. Catalyst will keep the market informed in accordance with its continuous disclosure obligations.

2023-01-09 11:43:00

ATH: ATH434 Clinical Trial Launched In The US

ALTERITY THERAPEUTICS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Alterity Therapeutics has launched a Phase 2 clinical trial of ATH434 for the treatment of individuals with Multiple System Atrophy (MSA).
  2. "The opening of enrol lment in the U.S. is a major milestone for this trial and we are now actively recruiting patients in three regions: Europe, Asia-Pacific, and the U.S."
  3. Vanderbilt University Medical Center in Nashville, Tennessee is the first U.S. trial site.

2023-01-09 11:40:00

WC1: Drilling Recommences At The Salazar REE Project

WEST COBAR METALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. West Cobar Metals has recommenced its 9,000- meter air core drilling program at the Salazar REE Project in the Esperance region of Western Australia.
  2. 83 air core drill holes for 2,781 meters completed before Christmas break.
  3. First batch of samples have arrived at Bureau Veritas and are being prepared for analysis, with assays expected during Q1 2023.

2023-01-09 11:13:00

PEN: Peninsula End Of Year Update

PENINSULA ENERGY LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Strong End of Year Cash and Inventory Balances
  2. Lance Projects phased approach to production restart implemented
  3. Production operations at Lance on track to commence in Q1 2023

2023-01-09 10:45:00

TMR: Tempus Elizabeth Assays Up To 28.1 G/T Gold Over 28.5M

TEMPUS RESOURCES LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. No. 9 Vein intersections show โ€˜bonanzaโ€™ grade gold mineralisation over wide zones.
  2. Strike continuity of the wide high-grade gold zone associated with the No. 9 Vein has been extended to approximately 150m with open target areas to the south and south-west of the current drilling.
  3. Multiple bonanza grade zones reported in both EZ-22-20 and EZ-22-22.

2023-01-09 10:27:00

TMR: Tempus Elizabeth Assays Up To 28.1g/t Gold Over 28.5m

Tempus Resources Ltd ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Multiple bonanza grade zones of gold mineralisation have been discovered in two No. 9 Vein drill-holes.
  2. The strike continuity of the wide high-grade gold zone associated with the No. 9 Vein has been extended to approximately 150m.
  3. Open target areas to the south and south-west of the current drilling.

2023-01-09 10:27:00

SRN: Victory Bore Vanadium - Assays Boost Deposit Potential

SUREFIRE RESOURCES NL ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. 67% of assays from recently completed drilling now received
  2. Intersections of up to 70m @ 0.43% vanadium pentoxide (V2O5)
  3. Combined true width of all three lodes up to 154m

2023-01-09 10:22:00

E25: Signs Offtake and Project Financing Agree With Global Mobility

ELEMENT 25 LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Element 25 Ltd (E25) and Stellantis N.V. sign definitive agreements for the supply of battery-grade high-purity manganese sulphate (HPMSM) for Stellantisโ€™ EV battery requirements.
  2. E25 to supply HPMSM for a minimum of five years, with opportunities to extend.
  3. E25 to supply up to 10,000tpa HPMSM for five years with provisions to increase volumes.

2023-01-09 10:22:00

MNB: Signing Of Aipex Contract Paves Way For Cabinda Development

MINBOS RESOURCES LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Minbos Resources Limited has executed its Private Investment Contract with Angola's Agency for Private Investment and Promotion of Angolan Exports (AIPEX).
  2. Securing an AIPEX Private Investment Contract is the final step for foreign entities intending to invest in Angola.
  3. The contract formalises months of negotiations on the Company's level of investment commitment in Angola and paves the way for the construction of the Cabinda Phosphate Fertilizer Project.

2023-01-09 10:12:00

RSH: Nth Carolina Hospital Commence Wheezo RPM Patient Onboarding

RESPIRI LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Respiri and Access Telehealth RPM, under the supervision of a Major North Carolina Healthcare Organisation, will commence enrolment of patients with Chronic Obstructive Pulmonary Disease (COPD) on the wheezoยฎ RPM program.
  2. Remote Patient Monitoring (RPM) Current Procedural Terminology (CPT) reimbursement claims and revenues to be processed and received within the next few months.
  3. Respiri to receive recurring revenues per patient per month in addition to device sales.

2023-01-09 10:10:00

ICL: Goose Well Target Area Discovered

ICENI GOLD LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. A new target area has been identified at Goose Well
  2. Metal detecting has discovered a surface gold nugget anomaly
  3. Surface sampling has identified gold and multi -element anomalism in rock chip samples

2023-01-09 10:10:00

EDE: Record Quarterly Indian Optiblend Sales

EDEN INNOVATIONS LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. A$1.59 million in Indian OptiBlendยฎ sales for quarter
  2. 51 dual fuel systems sold in quarter
  3. 54% more than the total annual OptiBlendยฎ sales in India for 2021

2023-01-09 10:05:00

BNL: Helium Development Well Permits Awarded - Galactica/Pegasus

BLUE STAR HELIUM LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. COGCC awards final approval for drilling of four development wells at Galactica/Pegasus.
  2. These four wells are to be drilled as offset development wells to the JXSN#1 and JXSN#2 helium discoveries and are expected to be production wells.
  3. The Colorado Oil and Gas Conservation Commission (COGCC) has approved the Forms 2 relating to each of the State 09, State 16, State 35 and State 36 development wells.

2023-01-09 10:00:00

GMR: Drilling Targets Multiple High-Grade Gold Zones At Kada

GOLDEN RIM RESOURCES LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. 2,233m of RC drilling (17 holes) completed at Massan Prospect, including all Priority 1 holes.
  2. RC rig has moved to Bereko Prospect, following up on multiple zones of high-grade mineralisation along a 5.5km-long bedrock gold anomaly.
  3. Trenching has commenced at Massan to enhance understanding on geometry and structural controls of mineralisation in the 930,000oz gold Mineral Resource area.

2023-01-09 09:57:00

ADN: Andromeda Strengthens Executive Leadership

ANDROMEDA METALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. James Marsh will transition to Executive Director, Sales and Marketing.
  2. Robert (Bob) Katsiouleris has been appointed as Managing Director and Chief Executive Officer (CEO).
  3. Changes strengthen and broaden leadership capability, enabling increased focus on marketing of Great White products internationally.

2023-01-09 09:45:00

GGE: Helium Offtake Agreement Secured For Jesse-2

GRAND GULF ENERGY LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Paradox owns the advanced Lisbon helium processing plant located 20 miles north of the Red Helium Project, and connected to existing pipelines proximal to the Jesse2 well allowing potential near-term monetisation of a commercial well.
  2. Lisbon facility includes a liquefaction train capable of producing 99.9995% (โ€œ5ยฝ ninesโ€) purity helium suitable for the lucrative and premium-pricing semi-conductor, defence and space industries.
  3. The facility is one of only 8 helium liquefiers in the US and represents 7% of North American helium liquefaction capacity.

2023-01-09 09:37:00

CZR: Key Mining Licences Granted For Robe Mesa Iron Ore Project

CZR RESOURCES LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. The Department of Mines, Industry Regulation and Safety (DMIRS) has granted Mining Licences M08/ 533 (Robe Mesa Deposit) and M08/519 (P529 Deposit) to CZR Resources
  2. This represents a key milestone for CZR to mine its primary Robe Mesa iron ore project
  3. The granting of M08/533 and M08/519 follows the signing of the Mining Agreement between CZR and the Robe River Kuruma Aboriginal Corporation (RRKAC)

2023-01-09 09:37:00

CNB: Mount Hope Mining Lease Boundary Resolution

CARNABY RESOURCES LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. The Queensland Government Department of Resources Mineral Assessment Hub final view and recommendation regarding the location of the Mount Hope Mining Lease is in support of Carnabyโ€™s submission as to the actual boundary location of the 100% owned granted mining lease ML90240.
  2. The boundary of the Mount Hope Mining Lease ML90240 will move the small excision of a historical Mining Lease approximately 90m further south to the โ€œpegs in groundโ€ location of the former mining lease boundary.
  3. The confirmation of the Mining Lease boundary location removes any uncertainty and risk associated with the disputed boundary location.

2023-01-09 09:34:00

PAT: Lithium Project Acquired In Tier 1 District In Ontario

PATRIOT LITHIUM LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Patriot Lithium Limited has acquired 100% ownership of three lithium prospective land packages in greenstone belts of the Archean Superior Craton of Ontario.
  2. The Gorman Project is located in an emerging lithium district along strike from Frontier Lithiumโ€™s tier-one PAK lithium project.
  3. The Forester Project is situated south-east of the Musselwhite gold mine where drilling identified a spodumene-bearing pegmatite swarm within an area of at least 6 x 4km.

2023-01-09 09:34:00

IMU: Imugene Receives Vaxinia Ethics Approval In Australia

IMUGENE LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Tasman Oncology Research, a comprehensive cancer hospital, receives Human Research Ethics Committee approval for Phase I human trial of anti-cancer oncolytic virotherapy VAXINIA.
  2. Patient screening scheduled to commence in January.
  3. Ethics approval process represents first independent review of VAXINIA pre-clinical safety and efficacy data in Australia.

2023-01-09 09:31:00

IAG: 2023 Reinsurance Program And 10% Quota Share Renewals

INSURANCE AUSTRALIA GROUP LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. IAG has successfully placed its catastrophe reinsurance program for the 2023 calendar year.
  2. Main catastrophe cover for two events up to $10 billion, with a retention of $338 million.
  3. Further drop-down cover of $150 million reducing IAG's retention on the two events to $236 million with an additional premium payable if the drop-down cover is utilised on a first event.

2023-01-09 09:23:00

ASM: Hec To Commence The Contract For Dubbo Project Design Work

AUSTRALIAN STRATEGIC MATERIALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. HEC contracted to perform EPCD work for ASM subsidiary ASMH in relation to the Dubbo Project.
  2. Variation to the EPCD allows HEC to commence work in stages.
  3. Overall price of the EPCD remains unchanged at $46.7m.

2023-01-09 09:23:00

PNN: Rincon Update - Resource Drilling And PEA

POWER MINERALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. JORC Mineral Resource definition drilling planned to commence at Rincon salar at Salta Lithium Project in Argentina in Q1, 2023
  2. Drilling designed to increase existing JORC Mineral Resource at Rincon - results will feed into recently commenced Preliminary Economic Assessment (PEA) at Rincon
  3. Rincon Drilling to immediately follow the current JORC Mineral Resource drilling program at Incahuasi salar - drilling will then move to Pocitos salar

2023-01-09 09:12:00

SLB: Expanded Surface Footprint Confirmed At Linda Zinc Project

STELAR METALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Stelar Metals has received multiple new laboratory rock-chip assays confirming a broad area of high-grade zinc mineralisation at its 100%-owned Linda Zinc Project in South Australia.
  2. Stelar announced in November 2022 that its extended soil sampling over the broader Linda region had more than doubled the size of the coherent Linda surface footprint to over 600m x 300m area.
  3. Multiple surface rock-chip samples have now assayed greater than 20% zinc.

2023-01-09 09:06:00

AKM: Progress On Regulatory Approvals

ASPIRE MINING LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Received final written approval in December 2022 from the Professional Committee of the Ministry of Nature, Environmental and Tourism for the Detailed Environmental Impact Assessment (DEIA) prepared in relation to the planned Ovoot coking coal mine.
  2. Approval from the Minerals Resource Council of the Mineral Resources and Petroleum Authority of Mongolia for Feasibility Study prepared on construction and operation of a Coal Handling and Preparation Plant.
  3. Approval from the Science and Technology Council of the Road and Transport Development Centre, a division within the Ministry of Road and Transport Development, for Feasibility Study prepared on paved road proposed to be built to support product coal haulage.

2023-01-09 09:01:00

DRO: Droneshield Receives Another $11 Million Order

DRONESHIELD LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. DroneShield Ltd has received a new purchase order for approximately A$11 million.
  2. The order is expected to be delivered by mid 2023.
  3. It follows another $11 million purchase order received from a different Government in December 2022.

2023-01-09 09:01:00

WNX: Trading Update - Half Year Ended 31 December 2022

WELLNEX LIFE LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Revenue for Half Year FY23 at $13.2 million (unaudited) compared to prior corresponding period of $8.6 million, an increase of 54%.
  2. Launch of Pharmacy Own in the first quarter of CY23 โ€“ with first products to be available by the end of January 2023.
  3. Medicinal cannabis products to be offered under the SAS-B scheme in the first quarter of CY23.

2023-01-09 08:58:00

DTC: Damstra Signs 3 Year Agreement With Barrick

DAMSTRA HOLDINGS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Signs three -year agreement with Barrick Gold of North American Inc with contract value of USD$ 0.4m
  2. Signifies the formal start of Phase 2 rollout with Barrick after successful implementation of Phase 1
  3. Agreement covers 6 sites in Nevada Gold Mine Region in North America

2023-01-09 08:55:00

LBT: Astrazeneca Partners LBT For Apas Pharma Development

LBT INNOVATIONS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. AstraZeneca engages LBT following successful APASยฎ Pharma proof-of-concept
  2. Supports LBTโ€™s goal to automate pharmaceutical microbial quality control testing globally
  3. Funded development project - ~AUD$1m to be received based on achieving technical milestones

2023-01-09 08:49:00

AR1: Commercial Production And Positive Operational Cashflow

AUSTRAL RESOURCES AUSTRALIA LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Austral meets its target of achieving Commercial Production in December 2022 from the Companyโ€™s Anthill project.
  2. An outstanding December 2022 saw Austral successfully achieve an average production rate of 33.3 tonnes per day of plated copper for a total of 976 tonnes over a 29-day operating period.
  3. Progressively increasing production levels at Anthill are expected through the remainder of CY23 at an average production rate of 33.5 tonnes per day.

2023-01-09 08:41:00

PEX: 20Mt Resource Base For South Cobar Project

PEEL MINING LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. A global Mineral Resource Estimate base of approximately 20Mt containing 216kt copper, 322kt zinc, 151kt lead, 22Moz silver, and 204koz gold.
  2. Approximately 14Mt (or 70%) of the global MRE, including approximately 152kt of contained copper (or 77%) of copper-dominant Resources is classified as Indicated.
  3. โ€œPeel has established a strong resource base at its South Cobar Project with a level of resource confi dence to advance mining studies and permitting for exploration declines, said MD Jim Simpson"

2023-01-09 08:34:00

RZI: December 2022 - Key Metrics

RAIZ INVEST LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Raiz Invest released a new PDS to include 7 new ETF offerings under Custom Portfolios and also launched the Raiz Property Fund.
  2. Market challenges continued in December with increased volatility.
  3. Raiz finalized the Successor Fund Transfer (SFT) for the Super business in December.

2023-01-09 08:31:00

ESS: Essential And TLEA To Enter Into Scheme Of Arrangement

ESSENTIAL METALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Tianqi Lithium Energy Australia Pty Ltd (TLEA) proposes to acquire 100% of Essential Metals Limited (Essential) by way of a Scheme of Arrangement.
  2. TLEA is an incorporated joint venture owned 51% by Tianqi Lithium Corporation and 49% by IGO Limited.
  3. The Scheme Consideration is A$0.50 in cash per ESS share, implying a fully diluted equity value for Essential of ~A$136 million.

2023-01-09 08:28:00

PNI: Market Update

PINNACLE INVESTMENT MANAGEMENT GROUP LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Pinnacle Investment Management Group Limited (Pinnacle) has crystallized performance fees for the six months ended 31 December 2022 totalling approximately $3.0 million.
  2. Several strategies which had the potential to produce performance fees during 1H FY23 outperformed their benchmarks but earned nil or lower performance fees as they entered the period behind the relevant high -water marks.
  3. Performance fees are only payable when the relevant high -water marks are exceeded.

2023-01-09 08:22:00

IGO: Lithium Joint Venture To Acquire Essential Metals Limited

IGO LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. TLEA has entered into a Scheme Implementation Agreement to acquire 100% of Essential Metals Limited for A$0.50/share.
  2. The transaction represents a 36.3% premium to ESS's 30-day VWAP.
  3. ESS owns 100% of the Pioneer Dome Project in Western Australia.

2023-01-09 08:21:00

PAN: Preliminary December Quarter Production Results

PANORAMIC RESOURCES LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Total Recordable Injury Frequency Rate of 2.6, an improvement of 37%
  2. Nickel recovery up 1% to 80.8%
  3. Contained nickel production up 14% to 1,524t

2023-01-09 08:21:00

VHT: Volpara Signs Multiple Contracts, Combined Value Of NZ$12.3M

VOLPARA HEALTH TECHNOLOGIES LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Five, five-year contacts represent over US$7.8M (NZ$12.3M) in Total Contract Value.
  2. New contracts include some of the US's leading healthcare providers.
  3. Five-year renewal secured with Centura Health represents a further US$887K (NZ$1.4M) in TCV.

2023-01-09 08:21:00

TLX: JP Morgan Healthcare Conference And Trading Update

TELIX PHARMACEUTICALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Telix Pharmaceuticals Limited presented at the 41st Annual J.P. Morgan Healthcare Conference.
  2. Q4 2022 Illuccix Revenue Update reported revenue of AU$ 76.8M (US$ 50.5M) generated from sales of Illuccixยฎ kit for prostate cancer imaging in the United States.
  3. Revenue increase of 39% on Q3 2022, and a total of AU$ 149.7M (US$100 .4M) revenue since Illuccix launch.

2023-01-09 08:20:00

SBR: Major New EM Conductor Extends Massive Sulphide Potential

SABRE RESOURCES LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. New surface electromagnetic (EM) survey at Sherlock Bay has detected a strong conductor extending for 1km at the western end of the current nickel sulphide resource, representing a major target for the discovery of further massive/matrix breccia sulphide mineralisation.
  2. The strongest EM anomaly extends west of the massive and matrix breccia sulphide zones intersected in drillholes SBDD0021 and SBDD003A2, indicating potential for a major new discovery of massive/matrix breccia sulphides.
  3. The EM anomaly is coincident with a strong magnetic low, suggesting the presence of magnetite and/or pyrrhotite in the mineralisation.

2023-01-09 08:19:00

EQN: Equinox Appoints Experienced Mining Executive As CEO

EQUINOX RESOURCES LIMITED. ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Equinox Resources Limited has appointed Mr Jiahe โ€œGowerโ€ He as Chief Executive Officer.
  2. Gower is a certified CPA with over 20 yearsโ€™ experience in the resources sector.
  3. Gower has held various senior positions at Mitsui overseeing strategic trade and investment plans across a variety of commodities including Iron Ore, Lithium, and other battery related minerals.

2023-01-09 08:18:00

CAY: Mou With Port Authority Of Douala

CANYON RESOURCES LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Canyon Resources Limited signed a Memorandum of Understanding (MOU) with the Port Authority of Douala.
  2. The MOU outlines a declaration of intent to develop infrastructure at the Port of Douala -Bonabรฉri.
  3. The PAD aims to deliver an efficient operation of the port through the implementation of modern technology and infrastructure.

2023-01-09 08:18:00

WIN: Further Assays Reaffirm High-Grade Lithium Discovery

WIDGIE NICKEL LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Balance of assays received from maiden drill program confirm the consistent presence of significant shallow, high-grade lithium bearing pegmatite at the Faraday prospect.
  2. Highlights include 16m @ 0.77% Li 2O from surface (MERC253) including 7m @ 1.17% Li 2O from 1m.
  3. Thick band(s) of shallow lithium bearing pegmatite remain open along strike and down dip.

2023-01-09 08:18:00

AMM: Renewal Of Permit G5-150

ARMADA METALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. The renewal of permit G5 -150 was formally received on 5th January 2023.
  2. The permit is valid for an additional three (3) years from 29th November 2022.
  3. Renewal of Permit G5 -150 has resulted in a reduction in the size of the tenement by approximately 18%.

2023-01-09 08:18:00

KTG: K-TIG Receives A$600,000 Order For Turnkey Welding Cell

K-TIG LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Ireland based Brewery Chemical Company orders turnkey welding cell for A$600,000
  2. K-TIGโ€™s revolutionary Keyhole Welding technology to be used in the project
  3. The order is a strong endorsement of K-TIGโ€™s technology and its potential in large industrial applications

2023-01-09 08:18:00

BMO: Significant Reduction In Corporate Overheads

BASTION MINERALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Capital management initiatives implemented by the BMO board have resulted in significant cost reduction in corporate overheads effective as of 1 January 2023 ;
  2. Board member fees and salaries, Chilean management fees and consultant fees have all been reduced in order to facilitate these cost reductions ;
  3. The reduction in these recurring costs is expected to result in an annualised saving of approximately $700, 000 for Bastion Minerals and its shareholders.

2023-01-09 08:17:00

C6C: Copper Mountain Mining Provides Operational Update

COPPER MOUNTAIN MINING CORPORATION ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Copper Mountain Mining Corporation resumed production after a December 27, 2022 ransomware attack.
  2. The Company has been shipping copper concentrate to the Port of Vancouver from mine inventory and has maintained its planned shipping schedule.
  3. The Company resumed operations of the primary crusher at its Copper Mountain Mine and shortly thereafter, the Company resumed operations at the mill.

2023-01-09 08:16:00