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News from 17th January, 2023

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ASB: Earnings guidance update

AUSTAL LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Austal USA recognized a provision of $7 million for onerous contracts in relation to T-ATS 11 and 12 in its FY2022 annual report and the provision was later adjusted to $11.6 million due to changes in specification and material quantities and cost inflation.
  2. The company has submitted requests for equitable adjustment for these underlying factors, but the extent of forecast loss remains uncertain as it depends on the determination of these requests.
  3. This means earnings guidance for FY2023 is reduced from approximately AU$100 million to approximately AU$58 million.

2023-01-17 15:34:00

EAX: CBA Waiver Facility agreement amendment & Investment update

ENERGY ACTION LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. The Commonwealth Bank of Australia (CBA) has agreed to waive the Facility Agreement (Agreement) financial covenants as at 31 Dec 2022 and to extend the term of the Agreement from 31 October 2023 to 31 December 2024.
  2. The Company has secured an investment of $0.5 million from Mr. Derek Myers.
  3. Mr. Myers has an extensive career in the energy market business, most recently as the founder of Beond Energy.

2023-01-17 14:51:00

CGN: Priority EM Target Identified in EPM 26749

CRATER GOLD MINING LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Results have been received for the Electromagnetic Survey (EM) flown over Croydon Polymetallic EPMโ€™s 13775 & 26749.
  2. Anomaly W_4, located in EPM 26749 has been identified as a priority target.
  3. Three other discrete lower priority anomalies were also identified, one of these (W_3) being located in the centre of EPM 26749, with the other two located in the adjacent EPM 13775.

2023-01-17 14:35:00

AMD: Iron Potential Confirmed (Revised Announcement)

ARROW MINERALS LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Arrow Minerals Limited (ASX: AMD) ( Arrow , or the Company ) is pleased to share the results of the Companyโ€™s initial mapping program conducted over the Simandou North Iron Project, Guinea.
  2. Iron bearing formations spatially related to aeromagnetic geophysical survey highs identified
  3. Preparation underway for first phase drill testing

2023-01-17 13:05:00

ARN: Drilling & IP exploration progressing well at Narndee

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

  1. All four diamond holes drilled with in IP anomalies have successfully intersected disseminated sulphides at depth, providing valuable information to the IP modelling.
  2. Initial assay results are encouraging, with IP downhole sounding bolstering confidence and refining target areas for further drilling.
  3. Surface high powered IP sounding has been conducted over a broad area encompassing Targets 1 and 2 with down hole sounding providing depth control resolution and interpretation of a number of anomalous structures.

2023-01-17 12:46:00

BCN: Jaurdi Gold Project December Quarter Production Update

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

  1. 6,418 ounces of gold produced in the December 2022 quarter
  2. 209,948 dry tonnes milled in the December 2022 quarter
  3. Mill Recovery 92.66%

2023-01-17 12:08:00

BRB: Bonanza gold results from Bombora

BREAKER RESOURCES NL ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Five holes targeted the Northern Flats lode structures with every hole delivering substantial (>10 grams x metre) results.
  2. 0.78 m @ 199.1 g/t gold from 659.37 m in BBDD15 8 (est. true width = 0.54m )
  3. 1.18m @ 8.63 g/t gold from 460.0 m in BBDD15 8 (est. true width = 0.82m )

2023-01-17 11:29:00

OAU: Further High - Grade Gold Intercercepts at Crown Prince

ORA GOLD LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. 23m @ 8.5g/t Au from 22m in OGGAC457
  2. 3m @ 6.76g/t Au from 47m in OGGAC456
  3. 5m @ 3.80g/t Au from surface in OGGAC446

2023-01-17 11:09:00

NNL: BHP Selects NNL to Participate in Inaugural Xplor Program

NORDIC NICKEL LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Nordic Nickel Limited has been selected to participate in the 2023 BHP Xplor cohort.
  2. BHP will provide Nordic with US$500,000 in non-dilutive funding to support and accelerate its exploration plans during the Xplor Program period.
  3. The Xplor Program provides participants not only with funding, but also with full access to BHPโ€™s deep expertise and global partnerships.

2023-01-17 11:04:00

KIN: Strong Results Confirm HG Potential Along Eastern Corridor

KIN MINING NL ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Assays from recent deeper drilling highlight potential for high-grade lode-style mineralisation over a significant strike extent along both the Helens-Rangoon and Helens East Faults.
  2. Helens East Fault โ€“ new assay results: 2m at 24.0 g/t Au from 204m in HE22RC 039; 3m at 2.30g/t Au from 153m in HE22RC042; 7m at 2.42g/t Au from 93m in HE22RC043.
  3. Reinforces previous high-grade intersections along Helens East Fault position including: 4m at 8.2 g/t Au from 97m in HE21RC020; 4m at 6.3 g/t Au from 97m in HE21RC022.

2023-01-17 10:09:00

PTR: Board and Senior Manager Appointments

PETRATHERM LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Petratherm Limited has appointed three new members to strengthen their technical and corporate management team.
  2. Joining PTR's board as a non-executive Director will be Mr Simon Taylor.
  3. The appointments aim to significantly bolster PTR's technical and corporate capacity as the Company strives to become one of Australia's best and most dynamic critical mineral explorers.

2023-01-17 10:05:00

CNJ: Metervig Drill Results and High-Grade Rock Chip Assays

CONICO LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Assays for core samples from the 100% owned Mestersvig project drilled during the 2022 field season have been received and confirm the presence of high-grade lead and zinc at both the Blyklippen and Sortebjerg prospects.
  2. The style and grade of mineralisation intercepted during the 2022 drilling is analogous to the Blyklippen mine where historical production between 1956-1962 extracted 545,000 tons at 9.3% lead and 9.9% zinc
  3. The 2022 drilling , which targeted a fault structure running for 9 km between the Blyklippen and Sortebjerg prospects , confirms the potential for additional discoveries along this fault and on other identified sub-parallel fault structures in the project area

2023-01-17 10:05:00

HXG: Hexagon to Commence WAH2 Preliminary Feasibility Study

HEXAGON ENERGY MATERIALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Preliminary Feasibility Study ( PFS ) anticipated to be completed in Q2 2023
  2. Targeting FEED entry Q4 2023 and FID Q4 2024, subject to results of the PFS
  3. Key questions around availability of input gas and CO2 sequestration capacity from already planned providers have been addressed, clearing a major hurdle to the viability of the project.

2023-01-17 09:58:00

HXG: Retraction of Scoping Study Production Target Statements

HEXAGON ENERGY MATERIALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. The Company refers to and retracts the ASX announcement titled โ€œHexagon Completes WAH 2 Scoping Studyโ€ released on 11 January 2023.
  2. The Announcement contains forward looking statements in the form of production targets and forecast financial information, however, did not present any reasonable bases for those forward-looking statements.
  3. The Company warns investors that due to the absence of a reasonable basis for the statements, they should not rely on the 11 January 2023 announcement as a basis for investment decisions.

2023-01-17 09:58:00

IPT: Impact Selected to Participate in BHP Xplor Program

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

  1. Impact Minerals Limited has been selected to participate in the inaugural BHP Xplor program.
  2. Impact will receive up to US$500,000 in cash payments from BHP over the next six months.
  3. Impact will gain access to a network of internal and external experts to help guide development.

2023-01-17 09:53:00

SRR: Sarama Discovers New Mineralised Trend at Sanutura Project

SARAMA RESOURCES LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. New, nearโ€surface mineralisation intersected in the north of the Tankoro Mineralised Corridor
  2. New mineralised trend has strike length of 700m and remains open in all directions
  3. Intersections of new mineralisation are in shallow, oxide material with high potential to add to the oxide andtransition component of the Mineral Resource, currently standing at 0.2Moz Au (Indicated) plus 0.8Moz Au(Inferred)

2023-01-17 09:52:00

FME: Farm-In Agreement Over East Kimberley Ni-Cu-PGE Prospects

FUTURE METALS NL ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Future Metals has more than doubled its exploration position at Panton by securing the right to farm-in to the adjoining and highly prospective Panton North exploration ground, along with the Copernicus North project.
  2. Right to earn a 70% interest in both tenements.
  3. Panton North contains an extension of the prospective Panton keel position with anomalous nickel, copper and PGE grades confirmed by historic drilling and soil sampling.

2023-01-17 09:51:00

WWI: Significant Maiden Gold Intercept at Mt Cecelia

WEST WITS MINING LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Program comprised of four Reverse Circulation (โ€œRCโ€) holes, drilling 1,036m.
  2. Assay results for two holes received which confirm significant intervals with gold mineralisation.
  3. Assay results from ALS Laboratories for the two remaining holes are expected in the coming weeks.

2023-01-17 09:48:00

LDR: 54m High grade Silver Eq Intercept

LODE RESOURCES LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Drill hole WCS044 at Webbs Consol Silver Projectโ€™s Tangoa West Lode has returned significant results.
  2. WCS 044 drill intercept is the best intercept to date at the Webbs Consol Silver Project.
  3. Follow up drill hole WCS045 has been drilled below WCS044, to a down hole depth of 242.6m with assay results due imminently.

2023-01-17 09:45:00

LNK: Legal proceedings served on Link Fund Solutions Limited

LINK ADMINISTRATION HOLDINGS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Link Group Administration Holdings Limited (ASX:LNK) has become aware that law firm Leigh Day has served a group action in England against Link Fund Solutions Limited (LFSL).
  2. An application for a Group Litigation Order in respect of both the Leigh Day and Harcus Parker claims was dismissed on 21 December 2022.
  3. As previously disclosed, LFSL is aware that three claims have been issued against it by Leigh Day and one claim has been issued against it by Harcus Parker.

2023-01-17 09:44:00

SUV: Muchea Silica Sand Project Acquisition Completed

SUVO STRATEGIC MINERALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Tenement purchase completed for 100% of exploration license application E70/4981, located in the Muchea region of Western Australia
  2. Highly prospective for high purity silica sand
  3. Strategically located next to the Brand Highway, with existing rail cart logistics in place and direct access to Kwinana bulk terminal

2023-01-17 09:42:00

DVR: Acquisition of technology business Priority Networking PL

DIVERGER LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Diverger Limited has acquired a 100% equity interest in Priority Networking Pty Ltd.
  2. Priority Networking Pty Ltd provides technology support services, including cyber protection, to around 130 businesses.
  3. The acquisition will enable Diverger to expand the technology services it already provides to its network of 3,500 advice & accounting firms.

2023-01-17 09:42:00

MCP: 1H23 Trading Update

MCPHERSON'S LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. McPherson's Limited anticipates 1H23 sales revenue to be approximately $112m and underlying profit before tax to be approximately $5m.
  2. The decline in 1H23 PBT was largely due to a reduction in sales and margin of the Multix brand in the grocery channel, and an increase in marketing investment to support the growth in sales of key pharmacy channel brands.
  3. McPherson's Limited will report its 1H23 financial result on 28 February 2023.

2023-01-17 09:41:00

GGE: Well Pad Constuction Begins at Jesse-2

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

  1. Well pad construction has commenced at the Jesse -2 well site in Utah.
  2. The works are expected to take approximately three weeks to complete.
  3. The Company received both the Jesse -2 permit to drill and the expansion of the Gas Sales & Processing Agreement (GSPA) with Paradox Resources LLC (Paradox).

2023-01-17 09:41:00

HZN: Completion of WZ12-8E Phase 2 drilling programme

HORIZON OIL LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. The completion of WZ12-8E Phase 2 drilling campaign marks the end of a 10-month Block 22/12 campaign that has successfully drilled and completed ten WZ12-8E development wells, one WZ12-8E water disposal well, two WZ6-12 development/appraisal wells, one exploration/appraisal well, in addition to workovers in five WZ6-12 wells.
  2. Total Block 22/12 oil production averaged over 19,000 bopd gross (Horizon net over 5,100 bopd) during December 2022 and on 9 January 2023 was 19,803 bopd gross (Horizon net 5,337 bopd) made up of 10,002 bopd gross from the original Beibu fields and 9,801 bopd gross from the WZ12-8E Phase 1 and Phase 2 wells.
  3. Strike drilling rig has completed a highly efficient drilling operation for the Block 22/12 Joint Venture and has now been released.

2023-01-17 09:37:00

MEG: Newly Acquired Historical Data North Fork REE Project

MEGADO MINERALS LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Megado Minerals Limited (ASX: MEG) has recently acquired previously unpublished data relating to its North Fork Rare Earth Elements (REE) Project, located in Idaho, USA.
  2. The data set includes several rock samples collected around Lower Lee Buck and Upper Lee Buck, revealing a corridor that looks highly prospective.
  3. The data and high TREE results over Silver King further strengthens the case for a potential REE discovery at North Fork.

2023-01-17 09:36:00

LRS: Mineral Resource Expansion Drilling Commenced

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

  1. Six small footprint diamond drilling rigs have arrived on site and commenced drilling at the Companyโ€™s flagship Salinas Lithium Project in Brazil.
  2. 65,000m mineral resource infill and expansion program will focus on fast-tracking the growth of the Colina Indicated and Inferred Mineral Resource, and mineral resource definition for the Colina West Prospect.
  3. Targeted large diameter PQ diamond core drilling program to commence in February.

2023-01-17 09:33:00

SMX: trueGold using SMX tech received Accreditation from LBMA

SECURITY MATTERS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. trueGold using SMX's tech received Accreditation from LBMA.
  2. trueGold Consortium is a subsidiary of Security Matters Limited.
  3. trueGold is the only company that can invisibly โ€˜markโ€™ the gold with a durable marker.

2023-01-17 09:25:00

TSL: Final Results from 2022 Resource Infill & Extension Drilling

TITANIUM SANDS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Final results from the resource infill and extension drilling program completed in August have been received.
  2. These represent analyses of Total Heavy Mineral (THM%) from 1,659 samples from 165 RC aircore drill holes.
  3. The primary objective of the drilling was to convert more of the resource in the high-grade areas to the Indicated category.

2023-01-17 09:24:00

CKA: Shipping of Coal from Krajan Jetty to Market to Commence

COKAL LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Loading of coal at the Krajan Jetty for transport to market to commence within days
  2. Overburden Removal and Coal getting activities ongoing in Pit 3
  3. Hauling operations from Pit 3 to Krajan Jetty Stockpile ongoing

2023-01-17 09:23:00

SRL: December 2022 Quarterly Activities and Cash Flow

SUNRISE ENERGY METALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. The Company continues to progress discussions with potential equity funding and offtake partners for the Sunrise Project.
  2. Award by the Department of Regional NSW of a $500,000 grant towards the Sunrise Project Oversize Transportation Corridor Study.
  3. Conditional approval by the Department of Regional NSW of the Companyโ€™s application for a further $10 million grant to support the development of the Sunrise Project electrical transmission line (ETL).

2023-01-17 09:23:00

AUQ: High-grade copper ore encountered in Wash-hi pit

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

  1. Development of Wash-hi mine progressing well with stripping of overburden and oxide/gossan ore continuing in Wash-hi pit, at a current depth of 25 meters below surface.
  2. High-grade copper sulphide ore exposed at 430 SRL in the pit.
  3. LME spot copper returns to above USD 9000 per tonne, increasing the net present value ( NPV) of Alaraโ€™s interest in the project to USD 61.71 million (AUD 88.24 million)1.

2023-01-17 09:21:00

ARU: KfW Appointed Additional Mandated Lead Arranger

ARAFURA RARE EARTHS LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Arafura Rare Earths Limited has appointed KfW IPEX-Bank as an additional Mandated Lead Arranger and Bookrunner to arrange and syndicate the debt financing facility and provide Export Credit Agency structuring advice.
  2. KfW will work in conjunction with Sociรฉtรฉ Gรฉnรฉrale and National Australia Bank who were appointed as initial MLAs to arrange the debt financing facility for the Project.
  3. The debt financing facility is for the development of ARAFURA's wholly owned Neodymium Praseodymium Nolans rare earth project located 135km north of Alice Springs in the Northern Territory, Australia.

2023-01-17 09:14:00

OAR: OAR targets Denchi Lithium Project expansion

OAR RESOURCES LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. OAR has submitted applications for five additional prospective tenements at the Denchi Lithium Project.
  2. Follows field reconnaissance that identified potential lithium bearing pegmatite outcrops within previously mapped granites.
  3. Expands project area to more than 1000km2, an increase of over 350%.

2023-01-17 09:13:00

OCT: Exploration JV with Future Metals on East Kimberley Project

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

  1. Octava Minerals and Future Metals have entered into an agreement providing Future Metals with a right to earn up to 70% interest in the Panton North and Copernicus North tenements, with Octava free-carried through to a decision to mine, by sole funding a minimum of A$2m of exploration and development over the next four years.
  2. Octava will also receive approximately $600,000 in Future Metals shares.
  3. Future Metals are advancing their 100% owned flagship Panton Ni-Cu-PGM Project immediately to the south which has a current JORC Mineral Resource of 5.0Moz palladium, platinum and gold (โ€œPGM3Eโ€) and 238kt Ni.

2023-01-17 09:11:00

PRS: High Grade Copper-Cobalt-Silver Results from Kolba

PROSPECH LIMITED. ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Maximum results are 4.5% copper, 1,785 ppm cobalt and 796 g/t silver
  2. Average results are 1.9% copper, 622 ppm cobalt and 106 g/t silver
  3. Exploration potential open along strike

2023-01-17 09:10:00

TSO: Large at Surface Gold Zone at El Zorro

TESORO GOLD LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Assay results received for detailed channel sampling at the Toro Blanco and Kitsune targets has defined a large 3.2km by 1.5km anomalous gold zone.
  2. Results highlight potential for the Ternera Gold Deposit (Ternera) to extend north with wide zones of anomalous gold results returned in prospective host rocks from Ternera to >3km north.
  3. Drilling has commenced at Ternera to expand the existing 1.1Moz Ternera Gold Deposit (see Table 2 and ASX Announcement 23 May 2022) with a focus on the recently identified anomalous gold zone to the north.

2023-01-17 09:09:00

ADG: Drilling Shows Potential for Major Deposits at Gibraltar

ADELONG GOLD LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Assay results for follow up drilling program at Gibraltar received
  2. Program explored for extensions to discovery made in drill hole 3DGIB003
  3. Results show a strong multiple vein system west of the Gibraltar mine workings that included numerous high grade gold drill intersections

2023-01-17 09:06:00

FRX: Quarterly Update and Appendix 4C - December 2022

FLEXIROAM LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Total revenue increased 21% to A$2.51M compared to the previous quarter (Q2 FY23: A$2.08M) and up 127% on the prior corresponding period (Q3 FY22: A$1.11M).
  2. Gross profit jumped 166% to A$1.25M compared to the previous quarter (Q2 FY23: A$469k) and up 313% on the prior corresponding period (Q3 FY22: A$302k).
  3. Data cost per GB has fallen by 15% in December 2022 from September 2022 and 36% from December 2021.

2023-01-17 09:04:00

FMS: Flinders to acquire Balla Balla Infrastructure Project

FLINDERS MINES LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Completion of the Proposed Transaction will consolidate ownership of the Pilbara Iron Ore Project and Infrastructure Project under the one corporate entity, Flinders Mines.
  2. Flinders has entered into binding agreements with BBIG in relation to the acquisition of FRS, the holder of various assets critical to the development of export infrastructure, including the Balla Balla Port for a total consideration of $3.3 million.
  3. The Proposed Transaction represents a pathway to the development of PIOP, through providing a potential infrastructure solution and access to market.

2023-01-17 09:03:00

ODE: Rare Earth Carbonatite Targets Highlighted at Lockier Range

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

  1. High resolution radiometric geophysical data acquired over Lockier Range Project.
  2. Interpretation of Thorium radiometric signatures show clear comparisons to nearby Yangibana REE development project and Yin REE Project.
  3. Extensive thorium anomalies identified within a 9km by 3km area at Mt Yaragner.

2023-01-17 09:03:00

MPG: MPG Acquires Canadian Rare Earth Element Project

MANY PEAKS GOLD LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. MPG has secured the right to acquire a 100% interest in the Odyssey Rare Earth Element (REE) Project in Labrador, Canada
  2. Odyssey is host to extensive, un-tested high-grade REE occurrences with up to 9.3% total rare earth oxide (TREO) assay results at surface highlighting drill-ready targets defined
  3. Presents MPG with an exciting opportunity to gain exposure to the burgeoning critical minerals sector

2023-01-17 08:58:00

TEG: Triangle Completes 3 Well Farmout of L7 & EP 437

TRIANGLE ENERGY (GLOBAL) LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. New Zealand Oil & Gas to farm into Permits L7 and EP 437 for a 25% interest.
  2. New Zealand Oil & Gas to reimburse 50% of Bookara 3D seismic cost.
  3. New Zealand Oil & Gas to fund 50% of the first well in L7 plus 37.5% of the second well drilled in L7.

2023-01-17 08:55:00

M2M: Constance Lodes Confirm T3 Discovery Zone at Calypso

MT MALCOLM MINES NL ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Further substantial gold mineralisation intersections received from diamond drilling at Calypso.
  2. The most significant primary gold mineralisation intersections (>1.0 g/t Au) returned from the recent assay results included: 0.57m @ 25.81 g/t Au (352.05-352.62m) within a broader mineralised zone returning 16.21m @ 4.01 g/t Au (343.25-359.46m).
  3. Including 0.34m @ 10.54 g/t Au (346.21-346.55m) and 2.37m @ 10.72 g/t Au (351.50-353.87m).

2023-01-17 08:53:00

ITM: Quarterly Activities and Cashflow Report 31 December 2022

ITECH MINERALS LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. iTech Minerals completed an oversubscribed placement, to sophisticated and institutional investors, to raise $4.5 million.
  2. The Company also completed a Share Purchase Plan to raise a further $2 million with total subscriptions in excess of $8.8 million.
  3. With a total of $6.5 million raised the company ended the quarter with a cash balance of $8.5 million.

2023-01-17 08:51:00

CLG: Close the Loop acquires USA recycling company

CLOSE THE LOOP LTD. ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Close the Loop (โ€œCTLโ€) acquired USA recycling company In-Plas Recycling (โ€œIn-Plasโ€)
  2. The acquisition further strengthens CTLโ€™s position in the lucrative recycling market
  3. Expected to be immediately earnings accretive, adding US$1.1 million to CTLโ€™s EBITDA on a trailing 12-month basis

2023-01-17 08:51:00

JBH: Q2 Sales and 2023 Half Year Results

JB HI-FI LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Sales growth was strong throughout the half with total sales up 8.6% to $5.3 billion.
  2. EBIT growth was 14.0% to $479.2 million.
  3. "As always, a key part of our continued success is our over 13,000 team members and their passion and dedication to looking after our customersโ€™ needs."

2023-01-17 08:50:00

HUB: HUB24 Q2 FY23 Market Update

HUB24 LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Platform net inflows of $2.8 billion, broadly flat on Q1
  2. Net inflows for 1H FY23 of $5.8 billion
  3. Total Funds Under Administration (FUA) of $73.0 billion as at 31 December 2022

2023-01-17 08:48:00

VUL: Agreement with Stellantis for phased project agreement

VULCAN ENERGY RESOURCES LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Vulcan and Stellantis have entered into a phased project agreement aimed at developing, building, and operating geothermal renewable energy assets to help decarbonise the Companyโ€™s energy supply in Rรผsselsheim.
  2. Stellantis aims to be the auto industry champion in climate change mitigation, becoming carbon net zero by 2038, with a 50% reduction by 2030.
  3. The first phase of the Project will include a Pre-Feasibility Study for the construction of geothermal assets for Stellantisโ€™ Rรผsselsheim facility, carried out by Vulcan and based on existing data.

2023-01-17 08:42:00

AD1: Continued momentum for Art of Mentoring in North America

AD1 HOLDINGS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Signs a US Federal Government Panel Agreement to be a registered supplier to Federal Government into the future
  2. Signs additional new contract with US Department of Labor for an initial one-year term with a total contract value (TCV) of over $0.13 million and an option to extend annually for a further four years, resulting in a potential LTV of over $0.63 million
  3. AoM's increasing US sales pipeline is now totalling $4.0 million in LTV with further growth expected

2023-01-17 08:42:00

DTL: DTL to report strong 1H FY23 earnings growth

DATA#3 LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Data#3 Limited is expecting to report strong 1H FY23 earnings growth near the top end of the $21 million to $25 million guidance range.
  2. The order backlog at the end of the first half is expected to be similar to the backlog at the start of FY23.
  3. The Board intends to announce the detailed audited first half results and interim dividend on 16 February 2023.

2023-01-17 08:40:00

MTM: Soil Sampling Results Highlight Additional REE Potential

MT MONGER RESOURCES LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Further encouraging rare earth element (REE) results from surface geochemical sampling program at the Pt Kidman prospect
  2. Several large REE anomalous zones identified over area in excess of 100 square kilometres
  3. Next phase of aircore drilling scheduled to commence in January 2023

2023-01-17 08:38:00

GDI: Further leasing at WS2, Perth

GDI PROPERTY GROUP ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. GDI1 is pleased to announce that a second tenant has signed a Heads of Agreement2 at its new development, WS2, in Perth.
  2. This second Heads of Agreement is for three floors comprising approximately 2,600sqm.
  3. GDI has also executed another full floor Heads of Agreement at 197 St Georges Terrace, Perth.

2023-01-17 08:36:00

CRN: Gerry Spindler to retire as Chief Executive Officer

CORONADO GLOBAL RESOURCES INC. ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Gerry Spindler will retire from his role as Chief Executive Officer after the Companyโ€™s Annual General Meeting to be held on or about 25 May 2023.
  2. Douglas Thompson will become Chief Executive Officer in accordance with Coronadoโ€™s planned succession process, with Mr Spindler to be appointed to the position of Executive Chair of the Board.
  3. Group Chief Financial Officer Gerhard Ziems will assume an expanded role post the Annual General Meeting, taking responsibility for all sales and marketing as well as strategic investment activity.

2023-01-17 08:36:00

NOX: DARRT-2 Trial Efficacy Phase to Commence

NOXOPHARM LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Safety Steering Committee finds Veyondaยฎ dose safe at 1600 mg
  2. DARRT -2 efficacy phase (Part 2) to begin in late Q1 / early Q2 2023
  3. The DARRT -2 Phase 2 trial is evaluating Noxopharmโ€™s clinical drug candidate Veyondaยฎ in combination with low-dose external beam radiotherapy with a focus on the treatment of prostate cancer

2023-01-17 08:27:00

HAS: NAIF Increases Financial Support for Yangibana to $220m

HASTINGS TECHNOLOGY METALS LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Northern Australia Infrastructure Facility (NAIF) increases financial support to A$220 million with 12ยฝ-year tenor, subject to pre-completion conditions.
  2. NAIF's support of the Yangibana Rare Earths Project reaffirms the Australian Government's commitment for developing the growing critical minerals sector.
  3. Yangibana Project will supply the critical minerals enabling a lower carbon future and renewable energy solutions.

2023-01-17 08:27:00

OD6: Drilling Commenced at Grass Patch

OD6 METALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Initial Aircore (AC) drilling program commenced at Grass Patch which is considered prospective for clay hosted rare earth element (REE) mineralisation
  2. Drill program targets areas optimised by recently completed Airborne Electromagnetic Survey (AEM)
  3. Assay results anticipated to be available at the end of Q1 2023

2023-01-17 08:27:00

AS2: RC Drilling Program at Horry Delivers High-Grade Results

ASKARI METALS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Inaugural RC drilling campaign completed at the high-grade Horry Copper and Gold Project located in the Kimberley region of Western Australia
  2. High -grade copper and gold mineralisation intersected โ€“ multiple targets identified for Phase II drilling campaign
  3. Multiple mineralised lodes identified and confirmed at the Horry Horse and Mt Dockrell prospects

2023-01-17 08:26:00

VHM: ANSTO Testwork Demonstrates High Extractions of REM

VHM LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Results show extractions of >99% achieved for critical light rare earths Nd/Pr and >98% for critical heavy rare earths Dy/Tb.
  2. Testwork confirms Rare Earth Mineral Concentrate is highly amenable to the conventional Sulphate Bake processing to a Mixed Rare Earth Carbonate product.
  3. ANSTO commissioned to progress Pilot Plant testwork in Q1 2023.

2023-01-17 08:25:00

PLT: Plenti continues to deliver profitable growth

PLENTI GROUP LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Loan portfolio increased to $1.67 billion, 51% above PCP and 8% above prior quarter
  2. Strong quarterly loan originations of $297 million, up 10% on prior quarter
  3. Strong credit performance with annualised net credit losses of 69 basis points and 90+ day arrears of 35 basis points at period end

2023-01-17 08:25:00

M24: Strong Bedrock Conductors Identified at Black Hills

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

  1. Three bedrock conductors identified from fixed loop electromagnetic (FLEM) survey
  2. Modelling now complete and bedrock EM plates interpreted
  3. Drilling has been planned on two conductors with mobilisation scheduled for the 19th of January 2023

2023-01-17 08:25:00

LLL: Goulamina Resource increased by 33.8 Mt to 142.3 Mt

LEO LITHIUM LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Total Goulamina Resource increased by 31% to 142.3 Mt @ 1.38% Li2O
  2. Danaya Domain Resource increased by 33.8 Mt to 56.1 Mt @ 1.24% Li2O, a 152% jump
  3. Revised Danaya resource model reveals new drilling targets and further exploration potential

2023-01-17 08:25:00

VRX: Quarterly Activities/Appendix 5B Cash Flow Report

VRX SILICA LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. VRX is a Western Australian based pure-play silica sand exploration and development company with four high-value, advanced, very long-term silica sand projects in Western Australia.
  2. The Company has multi-decade scale contiguous sand deposits on granted Mining Leases with secure tenure and a combined 1.1Bn tonne Mineral Resource of 99.6% to 99.9% SiO2 high grade silica sand.
  3. The Company and its management team is WA based as are its four large scale, high-grade and low impurity silica sand projects.

2023-01-17 08:24:00

HLX: RC Drilling Starts at Canbelego Copper Project

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

  1. Reverse circulation (RC) drilling commenced today at Canbelego Main Lode
  2. 1000 metre (m) drill program comprising approximately 6-8 holes following up on recent shallow high-grade intercept of 16m at 3.21% copper
  3. Diamond drilling of high-order conductive targets deeper on the Canbel ego Main Lode is in progress and initial results are expected in late January

2023-01-17 08:24:00

AHN: MRE - upgraded JORC classification and increased tonnes

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

  1. Mineral Resource upgraded from Inferred to Indicated.
  2. Whole rock resource increased from 22.8m tonnes (reported in 2012) to 29.3m tonnes.
  3. Contained Fe increased by a total of 24%.

2023-01-17 08:24:00

1MC: Lithium Mineralisation confirmed at North Big Smoky

MORELLA CORPORATION LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Lithium mineralisation confirmed in North Big Smoky soil sampling results.
  2. Results highlight the prospectivity of North Big Smoky from surface.
  3. Follow up seismic surveys commissioned to test depth and extent.

2023-01-17 08:24:00

LRV: Larvotto's Lithium and TREO -Target Drill Starts at Eyre WA

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

  1. Heritage Surveys completed allowing Larvotto to commence its initial aircore drill program
  2. Drilling will initially target the Merivale Lithium Prospect with the aim to refine the geochemical anomaly identified by Larvotto in 2022
  3. Drilling will also progress to the Merivale South prospect and target high TREO auger geochemical data

2023-01-17 08:24:00

DRE: Sabre - Y8 Rare Earth Ironstone Discovery Confirmed

DREADNOUGHT RESOURCES LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Assays received for 38 first pass, wide spaced RC holes (4,246 m) confirm the discovery of additional thick, high grade rare-earth element (โ€œREEโ€) mineralisation at the Sabre and Y8 ironstones.
  2. Sabre (3km) and Y8 (12km) extend for a combined total of ~ 15km of strike and are part of the ~30 km of strike along the Yin REE Ironstone Complex.
  3. RC and diamond drilling will recommence in February/March 2023 along the ~30 km of strike at Yin as well as the C1-C7 carbonatites.

2023-01-17 08:24:00

BRK: Juanita Well Operations Update

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

  1. Mobilisation of Dan D Drilling Rig 7 completed, rig set-up and tested
  2. Re-entry of the Juanita Well has commenced, currently drilling at approximately 3,500 feet
  3. Planned activity: continue drilling to target depth and logging of the ten potential reservoirs.

2023-01-17 08:23:00

M2R: Multiple Large REE Targets Identified at Dooley Downs

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

  1. Final magnetic/radiometric survey data from Dooley Downs highlights multiple potential REE intrusions over 35km long target corridor.
  2. Coincident magnetic and Uranium/Thorium anomalies indicate REE potential.
  3. Dooley Downs is located within the Capricorn Orogen, which hosts the Yangibana REE Project and recent REE discoveries.

2023-01-17 08:23:00

WIN: Regional Review Enhances Lithium Potential of Widgies Tenure

WIDGIE NICKEL LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Lithium bearing pegmatite at the Voyager prospect highlighted in project review.
  2. Historical surface samples of the pegmatite sub-crop returned Li2O grades up to 3.40%.
  3. A limited Reverse Circulation (RC) program drilled in 2018 by Neometals Ltd of the Voyager/Atomic 3 area returned positive results.

2023-01-17 08:23:00

SBR: Sherlock Massive Sulphides to 1.18% Nickel Equivalent

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

  1. Latest diamond drilling results from Sherlock Bay include massive and matrix breccia sulphide grades of up to 1.18% Nickel Equivalent *(1.02% Ni, 0.16% Cu, 0.05% Co).
  2. Results are higher-grade than current Mineral Resource and open to the west where EM anomalies show potential for major extensions.
  3. More results pending.

2023-01-17 08:23:00

CZN: Miriam Lithium Assay Results

CORAZON MINING LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. High grade lithium assay results from spodumene-bearing pegmatite within the Miriam Nickel Sulphide Project in the Eastern Goldfields region of Western Australia.
  2. Laboratory analysis has confirmed the presence of lithium and validated the Company's initial findings, including high grade values of between 1.01% and 1.85% Li2O.
  3. The Company plans to undertake detailed exploration to confirm the extent of the l ithium mineralisation within the Project area, in tandem with the aggressive nickel sulphide exploration program previously proposed for the Miriam nickel-sulphide deposit.

2023-01-17 08:22:00

EMC: Applications lodged for prospective tenement package in NT

EVEREST METALS CORPORATION LTD ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Significant application lodged for new tenements in Alice Springs and Central Desert Regions, Northern Territory
  2. Application area includes 15 Exploration Licences, covering 10,200k m2
  3. Tenement package covers 2 areas โ€“ Georgina tenure, 220km northeast and Amadeus tenure, 150km west of Alice Springs

2023-01-17 08:22:00

RIO: Rio Tinto releases fourth quarter production results

RIO TINTO LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. Rio Tinto achieved a number of operational records in the second half across the Pilbara iron ore mine and rail system.
  2. The acquisition of Turquoise Hill Resources strengthens Rio Tinto's copper portfolio.
  3. Rio Tinto is investing in future growth, progressing the Rincon lithium project in Argentina.

2023-01-17 08:20:00

NZO: NEW ZEALAND OIL

NEW ZEALAND OIL & GAS LIMITED ๐Ÿ”— ๐Ÿ“„ ๐Ÿ“ˆ

  1. New Zealand Oil & Gas executes binding Term Sheet with Triangle Energy
  2. Acquiring a 25% interest in Triangleโ€™s L7 and EP 437 northern Perth Basin permits
  3. Low upfront entry cost, with 3 exploration wells aimed to be drilled in 2024

2023-01-17 07:30:00