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News from 30th March, 2023

*Disclaimer

ASX Briefs · Battery Metals News for March 30, 2023

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AQD: New Porphyry Copper System Discovered in Peru including JORC

AUSQUEST LIMITED 🔗 📄 📈

Exposed porphyry copper system discovered on newly acquired tenements in southern Peru.
Highly anomalous copper, molybdenum, and scattered gold values found in sericite altered surface samples.
Project located near infrastructure, 10 km from the coast and 25 km east of the town of Chala.

2023-03-30 17:45:00

A2B: A2B agrees to sale of O'Riordan Street, Alexandria

A2B AUSTRALIA LIMITED 🔗 📄 📈

A2B Australia Limited has agreed to sell its O'Riordan Street, Alexandria property to Double Space Pty Ltd for $78 million as part of its 'BETTER BEFORE BIGGER' strategy.
The net proceeds from the sale, after costs and debt repayment, are expected to be approximately $73 million, with plans to return these proceeds to shareholders as a fully franked dividend by the end of 2023.
A2B will enter a 3-year lease back on the O'Riordan Street premises while it considers its long-term property requirements.

2023-03-30 17:07:00

MAH: Macmahon Secures Contract Extension at Byerwen

MACMAHON HOLDINGS LIMITED 🔗 📄 📈

Macmahon Holdings has secured a 20-month extension of its work at Byerwen coking coal mine in Queensland's Bowen Basin.
The contract extension commences on 1 November 2023 and runs through to 30 June 2025, generating approximately $440 million in revenue.
Macmahon has been providing open cut mining services at Byerwen since 2017, employing over 520 people on site.

2023-03-30 15:27:00

IMA: Bidaminna Project Pre-Feasibility Study Update

IMAGE RESOURCES NL 🔗 📄 📈

The Bidaminna pre-feasibility study is nearing completion, indicating positive economics and considering the addition of a mineral separation plant (MSP).
An MSP could improve overall project economics, offer lower logistics costs, and provide operational and strategic advantages, such as selling individual products to multiple buyers.
Image Resources plans to test SR production in CY2023, using hydrogen instead of coal to reduce greenhouse gas emissions and produce 'green' SR for international markets.

2023-03-30 15:15:00

WRK: Appointment of Permanent CEO and Managing Director

WRKR LTD 🔗 📄 📈

Wrkr Ltd appoints Trent Lund as permanent CEO and Managing Director, starting April 1, 2023.
Trent has contributed to the company's growth, launching the Wrkr brand and increasing revenue by over 50%.
Trent's remuneration includes a base salary of $365,000, superannuation contributions, and potential discretionary bonuses.

2023-03-30 13:03:00

RRL: McPhillamys Gold Project Receives Development Consent

REGIS RESOURCES LIMITED 🔗 📄 📈

McPhillamys Gold Project receives final approval from the Independent Planning Commission of New South Wales (IPC).
The project is located in Central Western NSW, approximately 250 km west of Sydney.
Regis Resources will incorporate approval conditions into the finalised feasibility study and announce further developments in late 2023.

2023-03-30 12:34:00

IHR: IHR Board Responds to Humanforce 22 Cent Bid

INTELLIHR LIMITED 🔗 📄 📈

The Independent Board Committee considers Humanforce's 22 Cent Bid as a Superior Proposal compared to the TAG offer.
intelliHR is invoking the matching right procedure from the Transaction Implementation Deed with TAG.
Shareholders are advised to take no action in relation to the Humanforce bid until a response from TAG is received.

2023-03-30 11:27:00

SHO: Shanghai Fumin Agreement, esports provider of Netease

SPORTSHERO LIMITED 🔗 📄 📈

Shanghai Fumin Sports and Culture Co Ltd (FMWH) partners with SportsHero to utilize Sports Hero's proprietary esports prediction and tournament management platform for marketing and promoting Netease's game titles.
FMWH will promote the app to its current user base and activate its social media assets for marketing purposes.
The agreement is for 3 years, with equal revenue sharing between SportsHero and FMWH, benefiting from the rapid revenue growth of the Chinese gaming sector.

2023-03-30 11:03:00

MRD: Resource Drilling Commences at Mount Ridley REE Project

MOUNT RIDLEY MINES LIMITED 🔗 📄 📈

Mount Ridley Mines Limited provides an update on its 100% owned Mount Ridley REE Project in Western Australia.
Assay results from 87 aircore drill holes indicate 62 have significant TREO mineralization, extending the size of previously identified prospects.
The highest-grade TREO intersection to date was found at the Mia Prospect, with 1m at 2.88% TREO in fresh granitic rock.

2023-03-30 11:02:00

SPN: First Commercial Production of Graphene Additive ecosparc

SPARC TECHNOLOGIES LIMITED 🔗 📄 📈

ecosparc® graphene additive production facility fully commissioned, allowing commercial production of ecosparc® for coatings and composite materials.
Multiple coating companies are evaluating the product for potential use in their coatings and other graphene additive applications.
Managing Director Mike Bartels has resigned from his position.

2023-03-30 11:01:00

MME: MONEYME Announces Capital Raise and Trading Update

MONEYME LIMITED 🔗 📄 📈

MONEYME announces a fully underwritten $37m Conditional Equity Placement at $0.08 per share with majority support from existing and long-term shareholders.
Placement proceeds will be used to pay down $32m of corporate debt, support balance sheet growth, and cover transaction costs.
A non-underwritten Share Purchase Plan (SPP) for up to $5m at $0.08 per share will follow the successful completion of the Placement and is subject to shareholder approval.

2023-03-30 11:00:00

PGM: Maiden drilling starts at Brimstone Gold Project, WA

PLATINA RESOURCES LIMITED 🔗 📄 📈

Platina Resources Limited has commenced a maiden 5,500m aircore drilling program at its Brimstone Gold Project in Western Australia.
The drilling program will focus on priority targets including Brandy, Old Camp, and Billabong North prospects, with an expected duration of 20 days.
Old Camp features a 500m interpreted shear zone with a strong gold in soil anomaly, while Brandy is located near Horizon Minerals' high-grade Penny's Find gold deposit.

2023-03-30 10:54:00

SPD: Resource Estimate for Far East Block Discovery Underway

SOUTHERN PALLADIUM LIMITED 🔗 📄 📈

All assay results for drilling at the Bengwenyama project have been received, indicating an average 3PGE+Au grade of 7.67g/t and 6PGE+Au of 9.28g/t over 72cm.
A resource estimate is underway for the new UG2 discovery, the Far East Block (FEB), with an average depth below surface of 217m.
Drilling has recommenced following a temporary suspension, with plans to upgrade a portion of the existing Inferred 18.8Moz (4E) resource to Indicated status ahead of a Pre-Feasibility Study.

2023-03-30 10:54:00

CUP: CountPlus acquires Richard Hill

COUNTPLUS LIMITED 🔗 📄 📈

CountPlus Limited's subsidiary, CountPlus One, has acquired the accounting business of RHA Associates (Richard Hill).
The maximum purchase consideration for the transaction is $1,261,216, with payments staggered over 24 months post-completion.
The acquisition marks the eighth deal set to complete this financial year, bolstering CountPlus' growth strategy.

2023-03-30 10:54:00

CYC: Technegas Enters Final Six Month USFDA Review Cycle

CYCLOPHARM LIMITED 🔗 📄 📈

USFDA Complete Response Letter Reply submitted, initiating a six-month review process.
Initial addressable market of US$180 million per annum for Technegas in the diagnosis of Pulmonary Embolism.
Cyclopharm building initial inventory of Technegas generators required for US launch.

2023-03-30 10:52:00

PRM: PRM preferred bidder for two high potential blocks GoM

PROMINENCE ENERGY LIMITED 🔗 📄 📈

Prominence Energy Ltd (PRM) has been selected as the "High Bidder" for two lease blocks in the Gulf of Mexico, covering 11,520 acres and showing a high potential gas prospect.
The company plans to purchase additional seismic data, perform detailed mapping, and have an independent reserves auditor review its Prospective Resources assessment.
PRM intends to seek a farm-in partner to participate in and fund the drilling of an exploration well, with the possibility of providing material gas supply to US-based LNG liquification plants.

2023-03-30 10:34:00

AOA: Field exploration sampling results at EL8954 and EL9252, NSW

AUSMON RESOURCES LIMITED 🔗 📄 📈

Results announced from the December 2022 surficial geochemistry program at Brungle Creek EL8954 and McAlpine EL9252, with significant gold findings at Target 7 and Target 2.
Six out of seven Targets were geochemically sampled, while access to Target 6 was denied by the landholder.
Historical McAlpine Copper Mine and Campbells Chromite mine were geologically mapped to scope the aerial extent of surface mineralization.

2023-03-30 10:06:00

GTE: $2.8 Million Capital Raising

GREAT WESTERN EXPLORATION LIMITED. 🔗 📄 📈

Great Western Exploration Limited to raise $2.8 million through a placement of 70 million new fully paid ordinary shares.
The raised funds will be used for the company's upcoming high-impact exploration programs at the Firebird Gold Project, Fairbairn Nickel-Copper Project, and Atley North Gold Project.
Euroz Hartleys Limited and Peleton Capital acted as Joint Lead Managers for the placement.

2023-03-30 09:59:00

AAU: Financial Results from Revised Scoping Study

ANTILLES GOLD LIMITED 🔗 📄 📈

Antilles Gold has completed a revised Scoping Study for the La Demajagua open pit mine, indicating potential for increased profitability and a shorter mine life.
La Demajagua mine is expected to be developed in a joint venture with the Cuban government to produce gold arsenopyrite and silver-antimony concentrates for international sales.
Definitive Feasibility Study (DFS) is nearing completion which will update both Mineral Resource Estimate and Financial Modelling for the project.

2023-03-30 09:59:00

IMM: Expansion of INSIGHT-003 trial for Efti in 1st Line NSCLC

IMMUTEP LIMITED 🔗 📄 📈

Immutep expands INSIGHT-003 trial to 50 patients, evaluating efti with standard-of-care combination of anti-PD-1 therapy and chemotherapy in 1st line non-small cell lung cancer (1L NSCLC).
Expansion based on favorable safety and strong initial efficacy results, with data updates expected throughout CY 2023.
Efti shows potential for addressing the entire NSCLC patient population through both chemo-free IO-IO and IO-IO-chemo triple combinations.

2023-03-30 09:57:00

HRZ: Placement to Advance Cannon & Drilling at Penny's Find

HORIZON MINERALS LIMITED 🔗 📄 📈

Horizon Minerals Limited announces a $3.34 million placement with strong support from existing and new investors.
Funds will be used for development work on the Cannon underground gold mine, extension drilling at the Cannon and Penny's Find gold projects, and more.
Drilling at Penny's Find to begin in June Quarter 2023 with increased news flow on mining developments, drilling results, and updated resources and reserves expected in the coming months.

2023-03-30 09:57:00

ZIP: Strategic review outcomes to deliver cash inflows

ZIP CO LIMITED.. 🔗 📄 📈

Zip Co Limited announces agreements to divest its businesses in Central and Eastern Europe (Twisto) and South Africa (Payflex), along with the wind-down of its Middle East operations.
Aggregate net cash inflows of approximately $20 million are expected to be received during H2 FY23.
Zip remains confident in having sufficient cash and liquidity to achieve positive group cash EBTDA during H1 FY24.

2023-03-30 09:50:00

MRR: Marble Bar Drilling Update

MINREX RESOURCES LIMITED 🔗 📄 📈

MinRex Resources Limited completed and announced assay results from stage 1 reconnaissance RC drilling programs at Sisters, Talga-Moolyella, and Tambourah North Lithium Projects.
Lithium mineralization at low, sub-economic grades was intersected at all three projects, with notable results requiring further investigation on pegmatites at surface and undercover.
MinRex will deploy new geophysical technology and high-level structural mapping over anomalous drilling results to identify mineralization at depth and pegmatites undercover to determine new targets within and outside of the reconnaissance drilling areas.

2023-03-30 09:49:00

REE: Substantial increase in Cummins Range Mineral Resource

RAREX LIMITED 🔗 📄 📈

Updated MRE for Cummins Range Rare Earths-Phosphate Project reveals 397Mt at 0.33% TREO and 4.2% P2O5, with a total of 1.3 million tonnes of contained TREO and 16.7 million tonnes of contained P2O5.
500% increase in contained TREO and 800% increase in P2O5 compared to the 2021 MRE, establishing Cummins Range as the second-largest undeveloped Australian rare earths project.
High NdPr content and favourable phosphate characteristics for organic phosphate production and potential use in lithium iron phosphate (LFP) batteries.

2023-03-30 09:44:00

GCY: Retail Entitlement Offer Results

GASCOYNE RESOURCES LIMITED 🔗 📄 📈

Gascoyne Resources announces successful completion of the retail component of its Entitlement Offer at A$0.10 per share, raising approximately $2.8 million.
The Entitlement Offer is part of a $26.3 million fully-underwritten Equity Raising comprising an issue of approximately 263 million new shares.
New Shares from the Retail Entitlement Offer are expected to be allotted on April 3, 2023, and commence trading on ASX on April 4, 2023.

2023-03-30 09:42:00

AW1: Exploration Set to Commence at Storm Copper

AMERICAN WEST METALS LIMITED 🔗 📄 📈

Up to 10,000m of RC and Diamond drilling planned for the 2023 field season at the Storm Copper Project, Canada.
Drilling and geophysical activities to commence in April, focusing on resource definition and exploration of high-grade copper mineralisation.
Exploration will include ground gravity, electromagnetics and diamond drilling to follow up on the major 2022 discovery of stratabound sedimentary copper sulphides at depth.

2023-03-30 09:35:00

CNB: Stunning Results At Mount Hope Central - 36m @ 4.2% Cu

CARNABY RESOURCES LIMITED 🔗 📄 📈

Stunning assay results and pXRF readings announced from the Greater Duchess Copper Gold Project in Mt Isa, Queensland.
Mount Hope Central Prospect: MHDD083 assay results show a grade increase of 100% from previously reported pXRF readings.
Drilling continues with a 40,000m program in progress to define a Maiden Mineral Resource Estimate at the Greater Duchess Project.

2023-03-30 09:35:00

CUL: Exploration Update - Wongan Hills

CULLEN RESOURCES LIMITED 🔗 📄 📈

Significant historical geochemical anomalies in various elements remain largely unexplained.
Drill intersections and data compilation suggest possible structurally-controlled hydrothermal alteration and mineralisation related to felsic intrusions at depth.
IP surveying and deeper drilling proposed to test major structures and VTEM targets for intrusion-related Cu-Au-(Ag-Zn) mineralisation.

2023-03-30 09:33:00

CGN: Four New Graphite Discoveries from RC Drilling Results

CRATER GOLD MINING LIMITED 🔗 📄 📈

Four new areas of graphite mineralisation discovered at Crater Gold Mining's Croydon Project.
Graphite intersections range up to 6.02% over 21m and 8.87% over 5m.
Follow-up exploration drilling program scheduled for late April/early May.

2023-03-30 09:32:00

PVT: Cancellation of Santa Comba mining concessions

PIVOTAL METALS LIMITED 🔗 📄 📈

The Santa Comba concessions, held by Pivotal Metals Limited, have been cancelled by the Department of Mines in Galicia.
Pivotal Metals believes it has complied with the terms of the underground mining permit and is considering challenging the decision.
The company's San Finx tin and tungsten project remains unaffected by this decision.

2023-03-30 09:28:00

AGN: Significant Non-Dilutive Funding For Preclinical HIE Studies

ARGENICA THERAPEUTICS LIMITED 🔗 📄 📈

Argenica Therapeutics received non-dilutive funding from the Stan Perron Charitable Foundation for preclinical studies of ARG-007 in neonatal Hypoxic Ischaemic Encephalopathy (HIE).
The funding will cover preclinical animal efficacy studies in rats and large animal models of HIE, with Argenica covering the costs of the juvenile toxicology study.
Completion of these studies will help Argenica progress ARG-007 into clinical trials for infants suffering from HIE.

2023-03-30 09:28:00

MCR: Operations and Guidance Update

MINCOR RESOURCES NL 🔗 📄 📈

Mincor Resources withdraws its guidance due to uncertainty regarding future acceptance of off-specification product by BHP.
Both Mincor and BHP have been working together to manage off-specification product, but potential solutions remain incomplete.
Mincor will continue to deliver on-specification ore to BHP and stockpile any ore that doesn't meet the requirements for future blending.

2023-03-30 09:27:00

WFL: TBB and Strategy Update

WELLFULLY LIMITED 🔗 📄 📈

Wellfully Limited (ASX: WFL) has decided to cease negotiations regarding The Brand Base (TBB) due to unacceptable terms.
The company will focus on an in-house solution for Direct-to-Consumer (DTC) market access to manage growth and scale without significant upfront cash outflows.
Wellfully is considering multiple opportunities for the Proposed Placement following Resolution 3 of the General Meeting held on 25 January 2023.

2023-03-30 09:25:00

LNR: Drilling Commenced at Murraydium Rare Earths Project

LANTHANEIN RESOURCES LTD 🔗 📄 📈

Drilling program has commenced at Murraydium Rare Earths Project in South Australia, targeting Rare Earth Elements in the Loxton Parilla Sands.
The project is exploring the same formation as neighboring Australian Rare Earths Ltd's Koppamurra Resource and Frances Prospect.
A total of up to 307 holes are planned for the drilling program, with the aim of outlining significant JORC Resources of REEs.

2023-03-30 09:24:00

GRV: Outstanding Results for Alpha Test Program Two

GREENVALE ENERGY LTD 🔗 📄 📈

Alpha Liquefaction Test Program Two completed, showing improved bitumen production potential from the Alpha deposit with better yields of heavy oil fractions and asphaltenes from cannel coal.
Cannel coal accounts for about 76% of the total Alpha Resource, making the positive results from Alpha Test Program Two strategically significant.
Test Program Three is in progress, building upon the encouraging findings from Test Program Two.

2023-03-30 09:22:00

DCN: Updated Jupiter Mineral Resource Estimate

DACIAN GOLD LIMITED 🔗 📄 📈

Jupiter Mineral Resource estimate increased to 830,000 ounces, up 133% from the previous estimate of 355,000 ounces
Gold mineralization remains open at depth with significant exploration upside at additional targets
Dacian Interim CEO Derek Humphry emphasized the importance of the update for the company's future sustainable business plan and potential resumption of operations at Mt Morgans

2023-03-30 09:19:00

RMI: Exploration begins Liparamba Ni Sulphide Project Tanzania

RESOURCE MINING CORPORATION LIMITED 🔗 📄 📈

Resource Mining Corporation commences exploration at Liparamba Nickel Sulphide Project in Tanzania to test for nickel sulphide mineralization.
A 4.4km2 AMT geophysical survey will cover and confirm previously identified targets, with completion expected by mid-April 2023.
An initial Reverse Circulation drilling campaign is planned for early May, consisting of 12 holes for 2160 meters to test 2 targets.

2023-03-30 09:18:00

PAA: MND Trial Completes Enrolment of Cohort 2

PHARMAUST LIMITED 🔗 📄 📈

PharmAust has completed enrollment of all 12 patients in Cohorts 1 and 2 for the MND clinical trial.
An interim analysis will begin upon the completion of dosing of the last patient in Cohort 2, assessing potential changes in biomarkers and pharmacodynamics.
If favorable efficacy biomarker results are found, PharmAust expects to proceed to Phase 2 of the trial.

2023-03-30 09:17:00

ARR: American Rare Earths - 1.43 Billion Tonne JORC Resource

AMERICAN RARE EARTHS LIMITED 🔗 📄 📈

Total JORC Resource of 1.43 billion tonnes for Halleck Creek Rare Earths Project in Wyoming, USA.
Deposit ideal for large scale, low-cost open pit mining with significant upside potential.
Halleck Creek could be a key asset in reducing the USA's dependence on foreign rare earth supply.

2023-03-30 09:17:00

CMX: ChemX signs MoU with lithium-ion battery leader C4V

CHEMX MATERIALS LIMITED 🔗 📄 📈

ChemX Materials Ltd signs a non-binding Memorandum of Understanding (MoU) with US-based lithium-ion battery leader C4V to advance its High Purity Manganese (HPM) project and work towards an HPM offtake deal.
The MoU aims to ensure ChemX's battery materials meet C4V's technology requirements and qualify for inclusion in C4V's supply chain, leading ChemX closer to becoming a global supplier of high-purity battery materials.
While initially focusing on HPM, the MoU also includes potential collaboration on additional materials needed for C4V's lithium-ion battery cells, such as ChemX's High Purity Alumina (HPA) project.

2023-03-30 09:16:00

SYR: Balama Reserve and Resource Update

SYRAH RESOURCES LIMITED 🔗 📄 📈

2022 Balama Ore Reserve estimated at 110.3 Mt at 16.4% total graphitic carbon (TGC), supporting a 50+ year mine life and a 0.5 life of mine average strip ratio.
2022 Balama Mineral Resource estimated at 1,035.7 Mt at 11.6% TGC for 120.0 Mt contained graphite, based on updated pit shells and revised TGC cut-off grade.
Balama's updated Ore Reserve reinforces its position as the premier high-grade natural graphite deposit globally.

2023-03-30 09:13:00

IMI: Seeking clearance to test nickel targets at Hillside

INFINITY MINING LIMITED 🔗 📄 📈

Infinity Mining has started a cultural heritage survey with the Nyamal Native Title Group over its Hillside and Panorama tenements in the East Pilbara.
Panorama's Brisbane Nickel Prospect will be an early drilling target due to positive sample results and the recent VTEM Max survey identifying a prominent conductive target nearby.
Hillside project will be targeted for Infinity's first northern drilling campaign of 2023, following a re-interpretation of 2018 SkyTEM Electromagnetic survey and soil/rock chip programs.

2023-03-30 09:07:00

MXR: Drilling Commences - Misho Nickel Prospect

MAXIMUS RESOURCES LIMITED 🔗 📄 📈

Maximus Resources commences Reverse Circulation (RC) drilling programme at the Misho nickel prospect in Western Australia.
The drilling will test the strike and plunge of shallow intersected nickel, copper, and PGE mineralisation.
The prospect is located 25km from BHP's nickel concentrator in the Kambalda district.

2023-03-30 08:59:00

BYE: Lease Sale 259 Results and 2023 Drilling Schedule Update

BYRON ENERGY LIMITED 🔗 📄 📈

Byron is the high bidder on blocks Grand Isle 63 and 72 and South Marsh Island Block 57 at the Gulf of Mexico OCS Lease Sale 259 held on 29 March 2023.
The EOD 264 jack-up drilling rig has been further delayed and is now expected on location in late June or early July, with Byron planning to first drill the SM58 G4 and G6 development wells when the rig is available.
The SM70 lease is due to expire in July 2023 and will now be relinquished.

2023-03-30 08:58:00

NIS: Significant Upgrade of Nickel Sulphide Indicated Resources

NICKELSEARCH LIMITED 🔗 📄 📈

NickelSearch reports significant upgrade of Carlingup nickel sulphide Indicated Resources to 8.3Mt @ 0.52% Ni, 0.06% Cu, and 0.01% Co.
Global JORC 2012 Resource of 155kt contained nickel achieved.
Focus in CY2023 to deliver high-grade nickel discoveries to complement the existing shallow resource base through testing of high-priority regional targets.

2023-03-30 08:53:00

CPM: Cooper awarded $137,500 CEI grant for detailed VTEM survey

COOPER METALS LIMITED 🔗 📄 📈

Cooper Metals Ltd has been awarded a $137,500 CEI grant for a detailed VTEM survey of their Mt Isa East copper-gold project.
The VTEM survey will cover the whole of newly granted tenement EPM28087, which is highly prospective for Cu-Au mineralization.
A contract has been signed with UTS Geophysics Pty Ltd to fly the survey in early May this year.

2023-03-30 08:51:00

OEC: $2M contract signed with Singapore customer

ORBITAL CORPORATION LIMITED 🔗 📄 📈

Orbital Corporation Ltd signed a $2.08 million contract continuation with a major Singapore customer, keeping the UAV engine development program on track for initial production in 2023.
The multi-fuel UAV engine will incorporate Orbital UAV's patented heavy fuel technology, delivering best-in-class performance for their customer.
Production of the new engine model is set to begin in the first half of FY24, with manufacturing taking place at Orbital UAV's established operations in Australia.

2023-03-30 08:41:00

TYM: Board and Management Changes

TYMLEZ GROUP LIMITED 🔗 📄 📈

Daniel O'Halloran resigned as Acting CEO effective 31 May 2023 and as Executive Chairman effective immediately.
TYMLEZ plans to retain Daniel as an advisor to help with business development initiatives and handover to the new CEO.
Jason Conroy has been appointed Independent Chairman and will stand for re-election at the annual general meeting in May 2023.

2023-03-30 08:40:00

WC1: More High-Grade REE Clay Mineralisation Results

WEST COBAR METALS LIMITED 🔗 📄 📈

Assay results received for 83 additional holes from the maiden aircore drill program at Salazar Rare Earths Clay Project, with significant results found in Newmont deposit and O'Connor area.
A total of 164 out of 283 holes have been analyzed, with sample results for the remaining 119 holes expected in April due to laboratory delays.
An Inferred Newmont Resource update will be produced in June Quarter, integrating assay results with historical data.

2023-03-30 08:38:00

CE1: 37% PDP Growth in Brooks and Thorsby Reserves

CALIMA ENERGY LIMITED 🔗 📄 📈

Calima Energy's PDP reserves increased by 37% to 7.0 million boe, with a reserve replacement ratio of 192%, 145%, and 160% for PDP, TP, and P+P reserves, respectively.
The company invested A$49.7 million in drilling 16 wells, expanding waterflood, upgrading facilities, and other projects, resulting in a 23% increase in corporate production in 2022.
Calima Energy's average production for 2023 is currently around 4,500 boe/d, with two additional wells at Brooks expected to impact primarily in Q2 2023.

2023-03-30 08:37:00

NZS: Key Appointments

NEW ZEALAND COASTAL SEAFOODS LIMITED 🔗 📄 📈

Existing Executive Director Aldo Miccio appointed as Chairman and Peter Chai as Managing Director of NZCS.
Aldo Miccio, a co-founder of NZCS, played a significant role in the company's growth and the acquisition of Nine Ocean Group.
Peter Chai brings over 30 years of experience in corporate management across Australia, South East Asia, and Hong Kong.

2023-03-30 08:31:00

EZZ: EZZ launches Amazon online store and new product releases

EZZ LIFE SCIENCE HOLDINGS LIMITED 🔗 📄 📈

EZZ Life Science Holdings launches its Amazon online store in Australia and announces three new EZZ branded products.
The Amazon store features 29 selected products, 15 of which are EZZ branded and 14 are EAORON branded.
The three new EZZ products have been approved by the Therapeutic Goods Administration and target health supplement market in Australia and Asia.

2023-03-30 08:29:00

SXG: SXG Intersects 249.5 g/t Gold over 0.3m from 691m

SOUTHERN CROSS GOLD LTD 🔗 📄 📈

High-grade gold intersected in drill hole SDDSC061, a large 270 m step out vertically below the Rising Sun Shoot, with multiple points of visible gold.
First near-surface mineralisation drilled 200 m east of the Apollo prospect in drill SDDSC063, extending mineralisation in the main drill area over 1,350 m from Christina to SDDSC063.
Nine holes are being geologically processed and analyzed, with four holes in drill progress; results will be released as they are received.

2023-03-30 08:28:00

PMT: Patriot Drills 83.7m of 3.13% Li2O and Extends Nova Zone

PATRIOT BATTERY METALS INC. 🔗 📄 📈

Patriot Battery Metals Inc. announces the extension of the high-grade Nova Zone eastwardly by 400m, with significant lithium grades found in the zone.
Sixteen holes were completed as part of the 2023 winter drill program at the Corvette Property in Quebec, Canada, leading to successful delineation of the Nova Zone and CV5 Pegmatite.
The results further affirm Corvette as a globally significant hard rock lithium pegmatite project.

2023-03-30 08:28:00

HLF: THM Woolworths Expansion & Trading Update

HALO FOOD CO. LIMITED 🔗 📄 📈

The Healthy Mummy (THM) has successfully increased its product offerings in Woolworths, adding three new items to be available from June 2023.
Despite retail growth, THM's online business faces challenges due to macro-economic factors like high inflation, increased costs of living, and rising interest rates.
Halo has cut costs by around $160,000 per month in response, though increased retail presence has not yet offset weaker sales in THM's online business.

2023-03-30 08:19:00

LNK: Update on the sale of Fund Solutions

LINK ADMINISTRATION HOLDINGS LIMITED 🔗 📄 📈

Link Group continues exclusive discussions with Waystone Group regarding the sale of the Fund Solutions business, targeting April 2023 for an agreement.
Progress has been made, but no certainty exists until binding agreements are signed with Waystone and the UK Financial Conduct Authority (FCA).
The announcement was authorized by the Link Group CEO and Managing Director.

2023-03-30 08:17:00

GPR: Fully Underwritten $6 million Capital Raising

GEOPACIFIC RESOURCES LTD 🔗 📄 📈

Geopacific Resources Limited launches a fully underwritten $6 million non-renounceable entitlement offer at $0.020 per share
The Entitlement Offer is underwritten by major shareholder Deutsche Balaton AG (Delphi)
Funds raised will be used for phase one study works in 2023, geological exploration, village relocation program, working capital, and offer costs

2023-03-30 08:16:00

CE1: Montney Contingent and Prospective Resource Update

CALIMA ENERGY LIMITED 🔗 📄 📈

Calima Energy's net un-risked Contingent Resources (2C) Development on Hold and Development Pending is 779 MMcfg and 28.8 MMbbl of total liquids (net of royalties).
The total best estimate of net un-risked Prospective Resources (2U) is 502 MMcfg and 18.6 MMbbl of total liquids (net of royalties).
Estimated ultimate technical recovery (EUR) per type curve well is ~8.75 Bcfg and 194 MMbbls of condensate on average between the upper and middle Montney zones.

2023-03-30 08:15:00

SOR: SOR Moisture Energy to Exceed Solar Power Density

STRATEGIC ELEMENTS LIMITED 🔗 📄 📈

Strategic Elements Ltd announces that Energy InkTM technology is on track to exceed the power density of solar technology due to breakthroughs in converting moisture into electrical energy.
Power density is highly desirable in renewable energy technology and exceeding the power density of solar would represent a significant global achievement.
Short-term development for Energy InkTM includes nano-engineering, ink optimization, and fabrication and testing of cells with a power density exceeding solar.

2023-03-30 08:15:00

A1M: Significant increase in Mineral Resources and Ore Reserves

AIC MINES LIMITED 🔗 📄 📈

Mineral Resources and Ore Reserves at Eloise Copper Mine have significantly increased due to exploration and resource definition drilling.
Mineral Resources increased to 137,200 tonnes of contained copper and 118,800 ounces of contained gold, while Ore Reserves increased to 52,600 tonnes of contained copper and 43,100 ounces of contained gold.
This update and the discovery of the Lens 6 high-grade deposit support the potential to extend mine life at Eloise beyond 2030.

2023-03-30 08:14:00

AS2: AS2 Completes Acquisition of Initial 80% interest in EPL8535

ASKARI METALS LIMITED 🔗 📄 📈

Askari Metals has completed the acquisition of an initial 80% interest in EPL 8535, which is part of the Uis Lithium Project in Namibia.
Completion of the acquisition satisfies the first condition precedent from the Subscription Agreement with Zhejiang Huayou Cobalt Co., Ltd.
Askari continues to assess and evaluate other complementary projects surrounding the Uis Lithium Project for potential acquisition.

2023-03-30 08:14:00

GSM: Four Mile Well Air-core Drilling Complete

GOLDEN STATE MINING LIMITED 🔗 📄 📈

Four Mile Well Gold Project completed 12-hole, 982m air-core drilling program near Laverton, Western Australia.
Drilling aimed at assessing gold in soil anomalism and dislocated magnetic feature target.
Assay results are expected within the next 5 weeks.

2023-03-30 08:11:00

DMM: Drill Assay Results Gibb River Cu Project

DMC MINING LIMITED. 🔗 📄 📈

Results from the KCDD19001 drillhole sampled in October 2022 showed local zones of anomalous Copper and Gold.
Anomalous metals were associated with structurally brecciated and hydrothermally altered zones within the Carson Volcanics unit.
The results demonstrate the potential for unexplored Carson Volcanics to host base and precious metal deposits.

2023-03-30 08:11:00

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