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!

<	December 2023					>
Mon	Tue	Wed	Thu	Fri	Sat	Sun
				1	2	3
4	5	6	7	8	9	10
11	12	13	14	15	16	17
18	19	20	21	22	23	24
25	26	27	28	29	30	31

News from 15th March, 2023

*Disclaimer

ASX Briefs · Battery Metals News for March 15, 2023

If you find this site of use, please make a donation to Sock it to Sarcoma! in support of sarcoma research 😊🙏

KLS: Acquisition of All Aboard America! Holding and Capital Raise

KELSIAN GROUP LIMITED 🔗 📄 📈

Kelsian acquires AAAHI for US$325 million, providing an entry into the large USA market.
The acquisition is expected to be upper single digit EPSA accretive in pro forma CY22.
Kelsian funds the acquisition through equity raising and AAAHI management team will be retained.

2023-03-15 19:19:00

NWE: Spudding of Lockyer-2

NORWEST ENERGY NL 🔗 📄 📈

Lockyer-2 gas appraisal well spudded on 15 March 2023.
Lockyer-2 is an appraisal well to Lockyer Deep-1 discovery, confirming the extension of the discovery to the northeast.
The well is aimed at extending the northern segment of the greater Lockyer structure.

2023-03-15 15:50:00

PIQ: PromarkerD application for Australian MBS to be resubmitted

PROTEOMICS INTERNATIONAL LABORATORIES LTD 🔗 📄 📈

Australia's Medical Services Advisory Committee denied initial application for PromarkerD test for diabetic kidney disease to be included in the Medicare Benefits Schedule
MSAC acknowledged the test could save healthcare system money in the long term but had concerns about cost and insufficient data on how use of PromarkerD would change clinical practice
Proteomics International Laboratories will resubmit their application for PromarkerD to be covered under the MBS and believes the test can improve patient quality of life and deliver significant savings for healthcare systems

2023-03-15 15:05:00

ADC: ADC Completes Drilling at Goschen Central

ACDC METALS LTD 🔗 📄 📈

ACDC Metals has completed aircore drilling at Goschen Central project in Victoria.
56 holes spanning 3,162 metres were drilled to target JORC resources in H2 2023.
Metallurgical testing indicates a conventional flowsheet for mineral sands processing is likely.

2023-03-15 13:04:00

SES: Placement Completion

SECOS GROUP LTD 🔗 📄 📈

SECOS Group settles $3.02 million Placement
Strong support from existing and new investors
Placement shares issued using existing capacity under ASX Listing Rules

2023-03-15 12:39:00

ID8: Monoova Signs Identitii Licence Agreement

IDENTITII LIMITED 🔗 📄 📈

Monoova has signed a Software Licence Agreement (SLA) with Identitii.
The SLA is to further automate Monoova’s reporting to AUSTRAC.
Monoova will use Identitii’s cloud-hosted SaaS platform.

2023-03-15 12:18:00

FHE: WA Govt Media Release on Support for Project

FRONTIER ENERGY LIMITED 🔗 📄 📈

Frontier Energy has secured a water supply agreement with Water Corporation for its Bristol Springs Solar green hydrogen production Project.
The Western Australian Government has recognized the landmark nature of this agreement and the importance of the project.
The project is expected to create around 300 new jobs during construction and around 50 additional positions during production in the South-West WA region.

2023-03-15 11:59:00

KAR: First production achieved from Patola

KAROON ENERGY LTD 🔗 📄 📈

Karoon announces new production wells in Brazil
PAT-2 well started producing 12,000-14,000 bopd following completion of infrastructure commissioning
Total production from BM-S-40 expected to reach 30,000 bopd before natural decline

2023-03-15 11:40:00

PYR: PYR raising $10.07 million by underwritten entitlement offer

PAYRIGHT LIMITED 🔗 📄 📈

Payright is raising approximately $10.07 million via an entitlement offer at a fixed price of $0.015 per share.
MST Financial Services is the lead manager and sole underwriter to the offer.
Funds raised will be used to support the financing of the company's existing loan portfolio, new loan origination, and other working capital requirements.

2023-03-15 11:15:00

SDR: Update on SiteMinder's Exposure to SVB

SITEMINDER LIMITED 🔗 📄 📈

SiteMinder no longer expects any adverse impact to its cash holdings related to its exposures to SVB and SVBUK.
SVB will honour SiteMinder's US$20m revolving credit facility.
SiteMinder is working with other banks to broaden its banking arrangements.

2023-03-15 11:12:00

ADD: Financing Secured to Progress Kabanga Jirani Nickel Project

ADAVALE RESOURCES LIMITED 🔗 📄 📈

Adavale Resources Limited is raising $2 million through the issuance of unsecured convertible notes to new and existing groups of sophisticated and professional investors.
The funds will be used to progress drilling testing for priority nickel sulphide targets at the Kabanga Jirani Nickel Project in Tanzania, with drilling expected to resume in April.
The convertible notes will be issued in two tranches, with Tranche 1 comprising $990,000 and Tranche 2 subject to shareholder approval.

2023-03-15 10:34:00

OPA: Expected cost savings

OPTIMA TECHNOLOGY GROUP LTD 🔗 📄 📈

Optima Technology Group Limited expects annualised cost savings of around A$4 million, representing approximately 21% of its fixed cost base.
The savings are a result of the company's strategic initiatives, including a platform migration to the cloud, the addition of parsing and collection capability, and global billing capability.
The company is exploring further strategic options while remaining focused on growing the UK-based Optima platform through partner opportunities.

2023-03-15 10:30:00

IGN: Resignation of CEO and Appointment of Mr Cameron Judson as E

IGNITE LIMITED 🔗 📄 📈

Tim Moran has resigned as CEO of Ignite Limited, effective March 31, 2023.
Cameron Judson has been appointed as Executive Director and will assume all CEO responsibilities from March 15, 2023.
Cameron is highly experienced in the recruitment industry and his appointment provides strong and highly experienced leadership designed to support profitable growth into the future.

2023-03-15 10:14:00

IHL: Interim phase 2 PsiGAD psilocybin results

INCANNEX HEALTHCARE LIMITED 🔗 📄 📈

Incannex's Phase 2 clinical trial on psilocybin-assisted psychotherapy for Generalised Anxiety Disorder (GAD) shows strong results.
There is a high probability (>85%) of statistically significant benefits for psilocybin treatment versus placebo treatment.
An independent Data Safety Monitoring Board (DSMB) found no safety concerns and recommended no adjustments to the study design or sample size.

2023-03-15 10:04:00

PRS: Lithium-REE Projects in Finland and Expansion of Kolba

PROSPECH LIMITED. 🔗 📄 📈

Prospech is focusing on European critical minerals preparation for Kolba drilling
Agreement reached to earn up to 100% of Finnish company Bambra Oy with lithium and rare earth element exploration projects
Prospech has submitted applications to extend Kolba exploration licence area and identified drill targets

2023-03-15 10:04:00

OEL: GC 21 Recompletion Successfully Finalised

OTTO ENERGY LIMITED 🔗 📄 📈

Recompletion activities for GC 21 at DTR-10 sands completed and rig released
Work completed within previously advised cost estimate
Production expected to begin in second quarter with sustained rate

2023-03-15 09:59:00

OLI: Two new stores Pheasants Nest NSW

OLIVER'S REAL FOOD LIMITED 🔗 📄 📈

Oliver's Real Food has signed a Heads-of-Agreement to secure two Quick Service Restaurants in Pheasants Nest NSW.
The stores will have drive through capability and are expected to commence trading during the September quarter of 2023.
The business plan was confirmed by principal lenders and the latest store configuration will be implemented.

2023-03-15 09:57:00

IEC: Payment for Tanzania Asset Sale Received

INTRA ENERGY CORPORATION LIMITED 🔗 📄 📈

IEC receives balance of sale price from Mirambo Mining Limited of US$1,000,000 (A$1,511,000)
Funds received will be used for exploration of IEC’s existing licenses and identification of new assets
IEC assessing new opportunities that will drive shareholder value

2023-03-15 09:57:00

BTR: Brightstar and Kingwest agree to revised Scheme terms

BRIGHTSTAR RESOURCES LIMITED 🔗 📄 📈

Brightstar Resources and Kingwest Resources have agreed to revised consideration for the proposed merger.
Kingwest shareholders will now receive 1 Brightstar share for every 0.38 shares held, compared to the previous offer of 1 Brightstar share for every 0.44 shares held.
The merger will result in Brightstar shareholders holding approximately 53% of the Merged Group, while Kingwest shareholders will hold approximately 47%.

2023-03-15 09:53:00

AAR: Feysville Exploration Results

ASTRAL RESOURCES NL 🔗 📄 📈

Results received for 6 diamond drill and 26 reverse circulation holes at the Feysville Gold Project
Best results include high-grade gold intersections at Hyperno, Ethereal, Rogan Josh, Rosina and Think Big prospects
Assays from 3 DD holes at the Kamperman, Michelangelo and Rosina prospects at Feysville remain outstanding while drilling continues at the Mandilla Gold Project

2023-03-15 09:52:00

GGE: Jesse-2 Pure Helium Well Spudded

GRAND GULF ENERGY LIMITED 🔗 📄 📈

Grand Gulf Energy has begun drilling on the Jesse-2 helium well in SE Utah.
The drilling rig spudded the well on March 14, 2023.
The well is expected to take roughly a month to reach a total depth of 8150 feet in the Leadville Dolomite formation.

2023-03-15 09:51:00

OLY: High Grade Rare Earth Elements Confirmed at Eurelia

OLYMPIO METALS LIMITED 🔗 📄 📈

High-grade rare earth elements and niobium confirmed in Eurelia project samples
Drilling planned for May 2023 pending approval
Walloway project showing potential for carbonatite-hosted rare earth mineralization and niobium

2023-03-15 09:49:00

ORN: Equity Funding to Accelerate Development of Orions Projects

ORION MINERALS LTD 🔗 📄 📈

South African mining group Clover Alloys (SA) to cornerstone A$13m Placement
Attaching options package provides pathway to secure additional equity funding of up to A$60m
Firm commitments received for the Placement from sophisticated and professional investors

2023-03-15 09:49:00

MQR: West Spargoville Exploration Update

MARQUEE RESOURCES LIMITED 🔗 📄 📈

Marquee completed a maiden lithium-focused drilling program at the West Spargoville Project
Significant assay results (>2,000ppm Li2O) have been received from some reverse-circulation drill holes and aircore drill holes
Aircore drilling is targeting blind pegmatites and has discovered multiple pegmatites with significant geochemical anomalies.

2023-03-15 09:45:00

AVL: Vanadium Electrolyte Manufacturing Facility Update

AUSTRALIAN VANADIUM LIMITED 🔗 📄 📈

AVL has secured a site in Western Australia for its vanadium electrolyte manufacturing facility
AVL has completed detailed design and ordered long lead items
The facility will produce up to 33MWh per year of high purity vanadium electrolyte for the Australian VRFB market

2023-03-15 09:44:00

BAS: Worrior 11 Workover Confirms McKinlay Attic Oil

BASS OIL LIMITED 🔗 📄 📈

Successful workover operations completed at Worrior 11.
Commencement of oil production from McKinlay zone confirming presence of undrained attic.
Expected increase in productivity and total field production to reach 300 bopd.

2023-03-15 09:38:00

TSL: Updated Resource Estimate - Mannar Heavy Mineral Project

TITANIUM SANDS LIMITED 🔗 📄 📈

An updated Mineral Resource Estimate (MRE) has been completed for the Mannar Heavy Mineral Project in Sri Lanka.
The high-grade zone's Indicated resource percentage increased 2.4 times, and the total MRE increased by 20% overall.
The updated MRE will provide sufficient basis for the forthcoming scoping study.

2023-03-15 09:34:00

CTM: Strong Results from Jaguar Pilot Plant Testwork

CENTAURUS METALS LIMITED 🔗 📄 📈

Successful pilot program completed until April 2021 resulting in revised schedule for DFS completion.
Extensive mineralogical testing and analysis showed high recovery rates for nickel and zinc, with potential for battery-grade nickel sulphate product.
New key personnel appointments made and $34 million in cash available at the end of December Quarter.

2023-03-15 09:34:00

SCT: Windstream E-commerce Launch

SCOUT SECURITY LIMITED 🔗 📄 📈

Scout Security has expanded its addressable market by partnering with Windstream.
Windstream customers with internet connections as low as 10 Mbps are now eligible for Scout products.
The e-commerce sales to existing Windstream customers are set to launch in May 2023.

2023-03-15 09:31:00

AML: Substantial Growth in Walford Creek Mineral Resources

AEON METALS LIMITED. 🔗 📄 📈

Global Mineral Resource at Walford Creek increased by 65% to 72.6Mt at 1.6% CuEq.
Global Copper Rich resource now has the potential to be Australia's highest grade.
Contained metal increases across all key metals range from 67% up to 117%.

2023-03-15 09:27:00

G88: Significant High-Grade Scandium at Quicksilver

GOLDEN MILE RESOURCES LTD 🔗 📄 📈

Significant intersections of scandium mineralisation (> 50 ppm Sc) confirmed at Quicksilver
The mineralisation is near surface and widespread, occupying the same area as the nickel-cobalt resource
The scandium discovery could potentially add significant value to the Quicksilver project

2023-03-15 09:25:00

GRE: Broad Copper Mineralised Zone Intersected at Yannery

GREENTECH METALS LIMITED 🔗 📄 📈

Copper mineralisation confirmed in all 15 RC holes
Preliminary evidence of a second mineralised zone potentially extending to depth
Yannery adds potential for further expansion of the current Whundo project mineral resource

2023-03-15 09:23:00

REC: Acquisition Express Lithium Project James Bay Quebec Canada

RECHARGE METALS LIMITED 🔗 📄 📈

Recharge Metals has acquired the Express Lithium Project in the James Bay Region of Quebec, Canada.
The project comprises of 139 mineral claims over 73.5km² and is in close proximity to several significant lithium deposits.
Recharge Metals will undertake a conditional share placement to raise $2.5 million to fund acquisition and exploration activities over the next 12 months.

2023-03-15 09:23:00

CBH: Exploration Update and Acquisition of 2 Strategic Licences

COOLABAH METALS LIMITED 🔗 📄 📈

Coolabah Metals acquired two exploration licenses near the Cannington Mine with promising copper and gold intercepts.
Several geophysical anomalies have been identified in the Dywat and Coolabah licenses.
Ground magnetic survey completed over the Pluto prospect at the Nymagee license.

2023-03-15 09:22:00

MEK: Circle Valley Drilling Expands Gold Zone

MEEKA METALS LIMITED 🔗 📄 📈

Further gold assays at Circle Valley reveal primary gold at Anomaly A and Fenceline targets.
Anomaly A has a large regolith gold zone with primary gold hosted in high-grade granulite facies quartz dominant migmatite gneiss.
Drilling will recommence in the second half of 2023 following crop harvesting, with mineral potential mapping to refine drill targets.

2023-03-15 09:20:00

AGC: South Cobar Project - Regional Technical Update

AUSTRALIAN GOLD AND COPPER LTD 🔗 📄 📈

Extensive prospective target horizons for gold and base metals over 115km at the South Cobar Project
Geophysical and field-based confirmation of target horizons along strike from major mineral deposits
IP geophysics survey underway at three prospects including Achilles, Hilltop and Planet

2023-03-15 09:15:00

SOP: Commercial Order for Powerhouse Technology

SYNERTEC CORPORATION LIMITED 🔗 📄 📈

Synertec's Powerhouse technology allows for 100% renewable energy to power industrial-scale applications in remote locations.
Santos has issued a commercial Purchase Order for the Powerhouse unit installed at the Myalla commercial-scale field trial site after successful testing.
Synertec continues to work towards a large-scale commercial rollout of Powerhouse units across various sectors in Australia and the USA.

2023-03-15 09:14:00

KSN: Pearse Open Pit - Ore Reserve Update

KINGSTON RESOURCES LIMITED 🔗 📄 📈

Updated Ore Reserve estimated at 260kt @ 3.7 g/t Au and 57 g/t Ag for 31,000 oz of gold and 470,000 oz of silver.
Both Pearse North and Pearse South pits are fully permitted and generate significant cash flow for Mineral Hill.
Comprehensive technical studies in geotechnical engineering, metallurgy, and mining evaluations support Kingston's transition back to hard rock mining at Mineral Hill.

2023-03-15 09:11:00

STN: Solid Extensional Intersections - Apollo Hill

SATURN METALS LIMITED 🔗 📄 📈

Targeted drilling under Saturn's Mineral Resource Pit Shell suggests potential for resource growth
Promising intersections include up to 16m @ 0.97 g/t Au
Results will be used to upgrade Apollo Hill's current Mineral Resource estimate (due mid-2023)

2023-03-15 09:11:00

AZS: Spodumene-Rich Pegmatite Drilled at Andover

AZURE MINERALS LIMITED 🔗 📄 📈

Pegmatites with visible spodumene intersected in first two lithium-focused drill holes
Mapping confirms extensive visible spodumene mineralisation in nearby outcropping pegmatites
Heritage and environmental approvals pending to drill other outcropping, lithium-rich pegmatites

2023-03-15 09:09:00

GHY: Ramsay Project Update

GOLD HYDROGEN LIMITED 🔗 📄 📈

Additional drilling leads identified, with plans to convert to prospects
First exploration well on track for spud in September 2023
Natural hydrogen gas fluid inclusion lab analysis underway

2023-03-15 09:08:00

IMI: Lithium exploration recommences at South Tambourah

INFINITY MINING LIMITED 🔗 📄 📈

Programme to identify further lithium and rare earth elements through field mapping and sampling of pegmatite outcrop
High grade lithium mineralisation up to 3.86% Li2O, 338.5 ppm Cs, 174ppm Nb, 3013.5ppm Rb, 233.7ppm Ta in both previously defined and new pegmatites
Ambient Noise Tomography imaging to commence in March to identify pegmatite development below surface and new pegmatites with no surface expression

2023-03-15 09:00:00

IG6: DFS Supports Graphite Micronising at Collie

INTERNATIONAL GRAPHITE LIMITED 🔗 📄 📈

International Graphite plans to build a graphite micronising plant in Collie, Australia
The plant will be operational by Q3 2024
Micronised graphite is a critical first step in the production of battery anode material (BAM)

2023-03-15 08:57:00

MGT: Magnetite Mines Signs MoU With Flinders Ports

MAGNETITE MINES LIMITED. 🔗 📄 📈

Magnetite Mines and Flinders Ports have signed an agreement to investigate potential port facilities for exporting high-grade magnetite concentrate.
The parties aim to identify suitable existing and proposed port locations for the staged development of the Razorback Iron Ore Project in South Australia.
The potential export scenarios to be investigated range from 5 to 15 million tonnes per annum.

2023-03-15 08:57:00

29M: Capricorn Copper Operations Update

29METALS LIMITED 🔗 📄 📈

Extreme weather event caused flood and natural disaster declaration
No safety incidents but site and infrastructure damage reported
Operations at Capricorn Copper expected to be significantly impacted

2023-03-15 08:23:00

WIA: Further high-grade intercepts at the Kokoseb Gold Project

WIA GOLD LIMITED 🔗 📄 📈

Significant intercepts from RC drilling at Kokoseb gold project in Namibia
Maiden mineral estimate expected in Q2 2023
Regular news flow anticipated as assay results are received from the laboratory

2023-03-15 08:22:00

BTI: InstantScripts follow-on investment and valuation uplift

BAILADOR TECHNOLOGY INVESTMENTS LIMITED 🔗 📄 📈

Bailador invested $10.0m in InstantScripts, a digital healthcare platform.
The valuation of the investment resulted in a 30% uplift to Bailador's existing investment.
InstantScripts is experiencing over 100% YoY revenue growth and completing over 1 million patient interactions annually.

2023-03-15 08:22:00

ARL: Eastern Goldfields Projects - Exploration Update

ARDEA RESOURCES LIMITED 🔗 📄 📈

Ardea Resources provides an update on exploration activities at Kalgoorlie Nickel Project (KNP) and Perrinvale Project in Western Australia.
The company's tenement portfolio covers over 4,100 km2 and is prospective for nickel, lithium, caesium, tantalum, and rare earth elements.
The ongoing KNP Goongarrie Hub feasibility work streams are a priority and include office studies, metallurgy, environmental and engineering studies, and water exploration drilling at the Siberia prospect.

2023-03-15 08:19:00

TEM: Meleya Update - 4km copper anomaly at Remorse Target

TEMPEST MINERALS LIMITED 🔗 📄 📈

4km base metal anomaly identified at Remorse Target
Results show coherent copper-zinc zone typical of VMS deposits
Newly acquired tenements extend anomaly further

2023-03-15 08:19:00

MRC: High Grade Drilling Results at De Punt Inland Strands

MINERAL COMMODITIES LTD 🔗 📄 📈

6,018m of air core drilling completed at De Punt
52% of 3,041 assays received, the rest expected by end of March
High grade mineralisation intersected in first phase of resource definition drilling

2023-03-15 08:19:00

PR1: LITHIUM & PATHFINDER ELEMENT SAMPLES IDENTIFIED - LAFORGE

PURE RESOURCES LIMITED 🔗 📄 📈

Preliminary results show promising discovery of prospective zones with elevated Lithium, Niobium, and Tantalum concentrations at Laforge Lithium Project in Quebec, Canada.
Successful results were derived from Pure's opportunistic 2022 winter rock sampling program at Laforge Lithium Project, which covered only about 5% of the ~261km Project.
Pure will accelerate exploration over the remaining 95% of unexplored Project area, including surface geochemical sampling program to explore potential LCT pegmatites at Laforge Lithium Project.

2023-03-15 08:17:00

AMD: High Grade Iron Confirmed Simandou North Iron Project

ARROW MINERALS LTD 🔗 📄 📈

Analytical results confirm high-grade iron (>64%) at Simandou North Iron Project
Initial drilling program to commence in April
Potential for high-grade iron mineralisation comparable to known deposits of Simandou Range

2023-03-15 08:12:00

<	December 2023					>
Mon	Tue	Wed	Thu	Fri	Sat	Sun
				1	2	3
4	5	6	7	8	9	10
11	12	13	14	15	16	17
18	19	20	21	22	23	24
25	26	27	28	29	30	31

<	December 2023					>
Mon	Tue	Wed	Thu	Fri	Sat	Sun
				1	2	3
4	5	6	7	8	9	10
11	12	13	14	15	16	17
18	19	20	21	22	23	24
25	26	27	28	29	30	31

<	December 2023					>
Mon	Tue	Wed	Thu	Fri	Sat	Sun
				1	2	3
4	5	6	7	8	9	10
11	12	13	14	15	16	17
18	19	20	21	22	23	24
25	26	27	28	29	30	31