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News from 10th January, 2023

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BM8: Public Offer Update

BATTERY AGE MINERALS LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. The Company has received subscriptions in excess of the Public Offerโ€™s $6,500,000 minimum subscription condition.
  2. The allocation of securities under the Public Offer will be determined by the Company in consultation with Kaai Capital, Lead Manager to the Public Offer.
  3. The closing date for the Public Offer, as extended, is now 5:00pm (Perth time) on Friday 20 January 2021.

2023-01-10 16:07:00

LKE: Lake and Lilac Announce Achievement of Milestones at Kachi

LAKE RESOURCES N.L. ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Demonstration plant has operated continuously for over 1,000 hours to date, fulfilling 1,000-hour requirement
  2. 40,000 litres of Lithium Chloride concentrate have been produced within specified concentration limits, confirming previous test results
  3. Output sent to Saltworks for conversion to Lithium Carbonate

2023-01-10 12:11:00

CYL: Recommended bid to acquire Vango Mining

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

2023-01-10 11:44:00

EDE: EdenCrete Products - US Market Growth in 2022

EDEN INNOVATIONS LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Sales of EdenCreteยฎ in 2022 took place in 16 US states, and in Canada.
  2. 16 new customers over last 6 months of 2022 from 8 US States plus 1 in Canada.
  3. 125,532 litres (33,000 gallons) of EdenCreteยฎ were sold in 2022 to US customers in 16 US States.

2023-01-10 11:37:00

LRV: Larvotto to Commence Drilling at Ohakuri Gold Project in NZ

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

  1. Drill testing known large epithermal gold system
  2. Diamond rig due to mobilise on 16th January
  3. 3000m of core drilling planned

2023-01-10 10:13:00

PNN: Power appoints MD & strengthens technical team

POWER MINERALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Mena Habib appointed Managing Director
  2. Dr Nicholas Lindsay appointed Technical Advisor
  3. Appointments set to ensure Power has the right mix of skills to support its rapidly developing lithium strategy in Argentina, and its Australian critical mineral projects

2023-01-10 10:09:00

RCE: Australian Patent to be Granted for RECCE Anti-Infectives

RECCE PHARMACEUTICALS LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. The Australian Patent Office issued notification of intent to grant Recceโ€™s Patent Family 3 โ€œAnti -Virus Agent and Method for Treatment of Viral Infectionโ€
  2. The Australian Patent claims relating to RECCEยฎ 327 (R327) and Anti -Viral formulation RECCEยฎ 529 (R529)
  3. This is the final patent of Family 3 (expiry, November 2037), following those already granted in the biggest pharmaceutical markets in the world such as China, Japan, Europe and Hong Kong

2023-01-10 10:05:00

GT1: High Grade Lithium Assays Returned from McCombe

GREEN TECHNOLOGY METALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Assays received for a further 11 diamond holes at McCombe, Root including high grade lithium assays.
  2. Phase 2 McCombe extensional drilling continuing to explore the lithium bearing pegmatites along strike and down dip.
  3. All weather camps operational with full complement of staff, all weather roads connecting camps to airports and Thunder Bay.

2023-01-10 09:57:00

HMX: Mount Hope Boundary Dispute Update

HAMMER METALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Hammer Metals Ltd received correspondence from the Queensland Department of Resources' Mineral Assessment Hub in relation to the dispute on the location of the Mining Lease at the Mount Hope prospect.
  2. The correspondence set out the Department's recommended position to slightly adjust the existing boundary of ML90240, currently owned by Carnaby Resources.
  3. A final decision by the Department is still pending.

2023-01-10 09:44:00

KSS: KSS Observer Mission Update 2-Way Communication Achieved

KLEOS SPACE S.A ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Bi-directional communication has been achieved with all four Observer Mission satellites.
  2. The satellitesโ€™ systems are confirmed healthy.
  3. ISISPACE will assist with the Launch and Early Operation Phase (LEOP).

2023-01-10 09:43:00

G1A: Abra Construction Complete - First Ore Feed to Plant

GALENA MINING LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Construction at Galena Mining Ltd's Abra Base Metals Mine is now complete.
  2. Ore commissioning has commenced with first ore feed into the plant.
  3. First concentrate production is expected in January 2023 followed by the first product shipment in Q1 CY2023.

2023-01-10 09:42:00

TCG: Satama Drilling Delivers 26m @ 4.82g/t Gold From 35m

TURACO GOLD LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Reverse circulation drilling at the 100% owned Satama gold discovery has delivered excellent results, confirming good continuity with high-grade plunging shoots along the 2kms of drilled strike.
  2. Hole STRC0095 returned the best intersection drilled to date at Satama.
  3. Assays pending from recently completed auger traverses testing western parallel structures with strong IP chargeability over 4 kilometres in strike.

2023-01-10 09:38:00

LLI: Exploration Advances at Large Scale Trieste Lithium Project

LOYAL LITHIUM LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Completion of successful trial has confirmed that historical high resolution satellite data correlates with known mapped pegmatites at the 100% owned Trieste Lithium Project.
  2. Geospatial Intelligence Ltd engaged to conduct more complex derivations of satellite borne data as a cost-effective tool for refining targets for the inaugural field program in the Canadian spring 2023.
  3. Loyal Lithium is the largest land holder in the highly prospective Trieste Greenstone Belt with the Trieste Lithium Project covering an area of approximately 251km2.

2023-01-10 09:36:00

ELT: Oropesa Infill Drilling Update

ELEMENTOS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Drill hole ADD_28 returns three significant zones of tin mineralisation, mostly outside previously modelled Mineral Resource wireframes.
  2. 10-hole infill drilling is completed, with further assays to be received and at least three additional exploration holes to follow.
  3. Drilling aims to upgrade the remaining Inferred Mineral Resources that sit within the 2022 Optimisation Study US$30,000/t pit shell.

2023-01-10 09:35:00

LER: Offtake LOI with Formosa and Strategic Investment

LEAF RESOURCES LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Leaf Resources Limited (ASX:LER) receives a signed non-binding Letter of Intent from Formosa Plastics Group for offtake of 300,000 tonnes per annum of premium wood pellets
  2. Private placement to Formosa Group Australia Pty Ltd and Formosa Technologies Pty Ltd to raise ~$5.35 million from the issue of ~445.5 million new shares at $0.012 per share, subject to shareholder approval
  3. Construction of the initial pine chemicals plant to be located at Rotorua, New Zealand is expected to commence in Q1 2023 and targeted to be operational by Q4 2023

2023-01-10 09:27:00

FGR: Joint development agreement signed with Suvo

FIRST GRAPHENE LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. First Graphene and Suvo Strategic Minerals sign joint development agreement to produce graphene-enhanced metakaolin solutions for cement and concrete products.
  2. Aim to develop superior performing, low CO2 emission solutions.
  3. Addresses green cement market estimated to be worth U$56bn by 2027.

2023-01-10 09:22:00

SUV: FGR:Joint development agreement signed with Suvo

First Graphene Limited ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. First Graphene and Suvo Strategic Minerals sign joint development agreement to produce graphene-enhanced metakaolin solutions for cement and concrete products.
  2. Aim to develop superior performing, low CO2 emission solutions.
  3. Addresses green cement market estimated to be worth U$56bn by 2027.

2023-01-10 09:22:00

AL8: AL8 executes Option with Rio Tinto for Corbin Wickes Project

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

  1. Alderan Resources Limited (ASX: AL8) has signed an option agreement with Kennecott Exploration Company (KEX), a Rio Tinto group company, covering the Corbin Wickes copper-gold project in Montana, USA.
  2. The Corbin Wickes property is 100% owned by KEX and covers 14.3km2 consisting of 163 unpatented federal mining claims and options on three groups of patented claims and two groups of unpatented claims.
  3. The Project area lies approximately 50km northeast of Butte which has a long mining history dating back to the 1800s.

2023-01-10 09:19:00

M24: Drilling and Gravity Survey Underway at Hyden REE Project

MAMBA EXPLORATION LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Drilling has commenced around the historical high-grade clay hosted REE mineralisation
  2. Detailed gravity survey has commenced over the regional gravity anomaly
  3. Mamba has entered into an option agreement over the Hyden project

2023-01-10 09:18:00

RCR: Rincon Acquires New Ground at Laverton

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

  1. Rincon has entered into an agreement to acquire 100% of six (6) new granted exploration tenements (โ€œTenementsโ€) in the heart of the Tier 1 Laverton Gold District.
  2. Laverton Project footprint to expand from 49km2 to 81km2, an increase of 65%.
  3. Project prospectivity and potential increased with the addition of several new target areas along known gold mineralised trends.

2023-01-10 09:16:00

GMN: Sampling at Custodia confirms LCT Pegmatite Prospectivity

GOLD MOUNTAIN LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Soil results from the Custodia soil sampling program (141 samples) confirms the prospectivity of the Custodia project area to host LCT bearing pegmatites
  2. Results show the previously reported rock chip results from Custodia lie within defined lithium anomalies but in a low order portion of the anomaly
  3. Results are encouraging and show continuity of the lithium anomalies over more than 900 metres in the Central Grid at Custodia and over at least 200 metres in the Southeast grid

2023-01-10 09:14:00

BRU: Operations Update - Ungani Oilfield

BURU ENERGY LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Operations at the Ungani Production Facility (UPF) were suspended and personnel evacuated from the field due to flooding.
  2. The UPF and access road sustained minor flooding and no damage to plant or equipment.
  3. The oil transportation road route to the export facility at Wyndham Port is cut off due to widespread damage to roads and infrastructure.

2023-01-10 09:07:00

BUX: Exploration Update - Graphite Bull Project

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

  1. Site Heritage Polygon Survey completed
  2. Graphite specialists Battery Limits and IMO advancing metallurgical studies
  3. Moving Loop EM Resource extensional survey has commenced

2023-01-10 09:07:00

CSX: Appointment of Mr Graham Mclean as Interim CEO

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

  1. Dr Alex Birrell has tendered her resignation as CEO and Executive Director of CleanSpace.
  2. Mr Graham McLean has been appointed by the Board to immediately step in as Interim CEO.
  3. Mr McLean is a very experienced senior executive with a strong track record in the healthcare and technology sectors.

2023-01-10 09:03:00

AIS: HIGH GRADE COPPER AND GOLD INTERSECTED AT AVOCA TANK

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

  1. Underground resource definition drilling commenced at the Avoca Tank Project (Tritton Operations)
  2. The first drillhole (ATEL001) intersected several high-grade copper lenses and a high-grade gold lens
  3. Drill program is targeting the initial (80m vertical) production block

2023-01-10 09:02:00

RNX: Renegade achieves 75% interest in North Isa Project

RENEGADE EXPLORATION LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

2023-01-10 08:57:00

CE1: Production above 4,500 boed & Q1 2022 program commenced

CALIMA ENERGY LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Pisces #6 and #7 are on production and being tested with production peaking above 4,500 boe/d.
  2. The Pisces #8 and #9 drilling program has commenced with Pisces #8 spud on 6 January at Brooks Alberta.
  3. Pisces #8 and #9 are planned to be equal to the longest and most intensively fractured Glauconitic wells drilled by the Company to date.

2023-01-10 08:57:00

MXC: Results of CimetrA bioanalytics pre-clinal trial

MGC PHARMACEUTICALS LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. MGC Pharma has completed the full pre-clinical rodents study panel for Cimetr ATM.
  2. The study results are an important step ahead of the submission to the US Food and Drug Administration (FDA) for Investigational New Drug (IND) approval.
  3. No anomalies were observed in the biopsies, nor were any clinical or behavioural adverse events recorded.

2023-01-10 08:50:00

DCC: Bitcoin and digital asset exposure - December 2022

DIGITALX LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. The DigitalX Bitcoin Fund declined 0.3% for the month and the DigitalX Fund fell 3.7%, while the S&P Cryptocurrency Top 10 Equal Weight Index (โ€œIndexโ€) declined 14.0%.
  2. Over the quarter, the DigitalX Bitcoin Fund declined 18.8% and the DigitalX Fund fell 22.2%, while the Index declined 26.5%.
  3. The active DigitalX Fund strategy outperformed the Index this month and quarter due to our relatively conservative portfolio composition.

2023-01-10 08:36:00

CAN: Appointment of new CEO

CANN GROUP LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Cann Group appoints Peter Koetsier as new CEO - a senior pharma executive, with broad international experience
  2. Established track record of achieving revenue growth
  3. Appointment to take effect from January 16, 2023

2023-01-10 08:26:00

SRK: Works Approval for Ashburton Transhipment Operations

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

  1. Marine-side Works Approval has now been granted for export of iron ore from the Port of Ashburton, Onslow
  2. The Works Approval issued by DWER under the Environmental Protection Act 1986 allows Strike to undertake bulk unloading of iron ore from a Transhipment Vessel to Ocean Going Vessels in a designated anchorage area off the Port of Ashburton
  3. Works Approvals based upon assessed iron ore export capacity of up to 1.8 Mtpa

2023-01-10 08:21:00

1AD: Second Japan patent for AD-214

ADALTA LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. AdAlta Limited has been granted a second Japanese patent relating to its lead program, AD-214.
  2. The patent is directed to polypeptides containing the binding loops of the companyโ€™s lead i-body AD-214.
  3. The patent coverage extends to i-bodies that are related to AD-214 for treating CXCR4-related diseases or disorders which includes the lead indication of idiopathic pulmonary fibrosis as well as cancer, viral infections, inflammatory diseases, sclerosis, kidney disease, eye disorders and immune deficiency disorder s and wounds

2023-01-10 08:20:00

CAI: Commercial production declared at Warrawoona Gold Project

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

  1. Calidus Resources (ASX:CAI) is pleased to declare commercial production at the Warrawoona Gold Project.
  2. A total of 191,000t @ 0.85 g/t was processed in December with 5,053 ozs of gold produced.
  3. The operation averaged 235oz recovered per day for the last third of the month.

2023-01-10 08:20:00

HMG: Successful Maiden Exploration Program in the West Tanami

HAMELIN GOLD LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Maiden exploration program successfully completed in the West Tanami with all assays received from drilling on seven gold prospects in 2022
  2. New zones of gold mineralisation intersected at the Sultan, Camel, Bandicoot, Fremlins and Hutchโ€™s Find prospects
  3. Detailed aeromagnetic coverage completed across the ~2,500km2 project

2023-01-10 08:20:00

KFM: Exciting New Carbonatite REE Targets Along 54km Corridor

KINGFISHER MINING LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Numerous potential carbonatite intrusion locations across the entire length of the Companyโ€™s 54km Chalba target corridor identified from tenement-scale airborne geophysics survey.
  2. Significant new large-scale target confirmed at Kingfisher South, where geological mapping has already confirmed the presence of ferrocarbonatite intrusions.
  3. New targets show geophysical responses similar to the Mick Well area, where geological mapping has delineated strike lengths of more than 5km of outcropping high grade Rare Earth Elements (REE) mineralisation and where drilling has returned results of 5m at 3.45% TREO (Total Rare Earth Oxides), including 3m at 5.21% TREO.

2023-01-10 08:20:00

EMR: Record Quarterly Gold Production

EMERALD RESOURCES NL ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. First mover in an emerging gold province in Cambodia
  2. Okvau Deposit: Indicated and Inferred Mineral Resource Estimate of 1.06Moz at 1.91g/t Au
  3. Project built in 2021 on time on budget and now in operation

2023-01-10 08:20:00

CVL: $330m Contract Award

CIVMEC LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Civmec Limited has been awarded a major contract worth more than A$330 million for the Rio Tinto Western Range Project at their Paraburdoo site in the Pilbara region of Western Australia.
  2. The scope of the iron ore project includes Greenfields and Brownfields work, such as the construction of a new Run of Mine (ROM) pad, primary crushing facility, overland conveying circuit and modifications to the Coarse Ore Stockpile (COS) and downstream conveying system.
  3. The Greenfields scope includes a new primary crushing facility, discharge conveyor and transfer station and a 17 km overland conveying system that transfers the ore through to the existing Paraburdoo COS.

2023-01-10 08:19:00

WAF: WAF intercepts 20.5m at 2.98 g/t gold at MV3 East

WEST AFRICAN RESOURCES LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. MV3 East prospect located 6km northwest of Sanbrado, Burkina Faso.
  2. Diamond drilling intercepts high-grade gold at MV3 East including 20.5m at 2.98 g/t gold, 16m at 2.88 g/t gold, 21m at 2.16 g/t gold, and 12m at 2.02 g/t gold
  3. Maiden Mineral Resource for MV3 East will be reported later in Q1 2023

2023-01-10 08:19:00

SNZ: 4Q22 Metrics - Sales of Occupation Rights

SUMMERSET GROUP HOLDINGS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Summerset Group reported 277 settlements for the quarter ending 31 December 2022, comprising 139 new sales and 138 resales.
  2. Total settlements for Q4 were 18% higher than Q4 2021 (234 total settlements).
  3. Summerset achieved 1,007 settlements for the twelve months to 31 December 2022, compared with 978 sales achieved over the same period in 2021.

2023-01-10 07:30:00