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News from 12th April, 2023

*Disclaimer

ASX Briefs · Battery Metals News for April 12, 2023

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TVN: TVN Announces Tivan Technology Pathway & Project Roadmap

TIVAN LIMITED 🔗 📄 📈

Tivan Limited announces the TIVAN+ technology pathway for its vanadiferous titanomagnetite (VTM) projects and collaboration with CSIRO on it.
Indicative delivery timeline for Speewah Vanadium-Titanium-Iron Project and TIVAN Processing Facility is outlined; a large-scale Pilot Plant in Darwin will be developed to validate the TIVAN+ technology.
A hybridized TIVAN+ process route is seen as an optimal path for project facilitation with potential reductions in costs and environmental impacts, as well as commercial advantage in producing intermediate products.

2023-04-12 16:33:00

TBA: True North Tenement Acquisition Restructure

TOMBOLA GOLD LTD 🔗 📄 📈

Asset Sale Agreement with True North Copper Pty Ltd terminated mutually; replaced by an Option Agreement for the purchase of Wynberg project.
Restructured transaction provides settlement flexibility and better alignment with the Company's existing projects.
Tombola Gold Ltd might acquire a 100% interest in EPM12409 and ML100111 (Wynberg Tenements) for $2,000,000 plus GST, if the option is exercised before 28 March 2025.

2023-04-12 15:54:00

ELE: H1F23 Results & Market Update

ELMORE LTD 🔗 📄 📈

Practical completion of the Peko Sale and Purchase Agreement has occurred, allowing Elmore to consolidate 100% of Peko Iron Project Pty Ltd for the half year ending 31 December 2023.
Elmore successfully entered into a magnetite offtake agreement with Royal Advance and sent its first shipment of high-grade magnetite to China in December.
The company's ship is set to arrive at the port of Darwin with product pricing confirmed at circa AU$202 per dry tonne, and loading is expected to take 5 working days.

2023-04-12 14:52:00

HPR: Northern Territory Royalties Update

HIGH PEAK ROYALTIES LIMITED 🔗 📄 📈

High Peak holds a 1% royalty interest over EP 112, EP 125, EP(A) 111, and EP(A) 124, which have seen positive developments.
Peak Helium's farmout transaction with Central Petroleum Limited was completed on 31 March 2023, with Peak funding exploration wells and activity on EP 112 and EP 125.
Upcoming activities include drilling at Mt Kitty/Jack Bore (EP 125) and Dukas (EP 112) and seismic acquisition at Zevon (EP 115), targeting gas, helium, and hydrogen deposits.

2023-04-12 14:29:00

ELE: Practical Completion of Peko Acquisition

ELMORE LTD 🔗 📄 📈

Practical completion of the Peko Share Sale Agreement (SPA) between Elmore Limited and Oz Professionals Pty Ltd has been achieved.
Elmore has paid the first two Principal Payments totalling $400,000.
Receipt of Stamp Duty Assessment from the Northern Territory Government remains the final condition precedent for completion.

2023-04-12 14:27:00

OMH: OM Sarawak Production Update

OM HOLDINGS LIMITED 🔗 📄 📈

OM Holdings temporarily suspends production at first silicon metal furnace due to operational issues.
Company conducting a comprehensive examination and aims to fix and commission the furnace within 12 months.
Suspension not expected to significantly impact the financial results for FY2023.

2023-04-12 14:23:00

FG1: Additional Gold Intersections at Trafalgar Prospect, NE Tas

FLYNN GOLD LIMITED 🔗 📄 📈

Additional gold mineralisation found in holes TFDD004 and TFDD005B at Trafalgar Prospect in NE Tasmania.
Results highlight the growing scale and potential of the multi-vein system at Trafalgar, with gold veins hosted in granodiorite and hornfelsed sediments.
Phase 2 drilling underway to test for strike and dip/plunge extensions of the high-grade gold zones, and additional samples from Phase 1 submitted for laboratory analysis.

2023-04-12 11:37:00

BCN: Jaurdi Gold Project March Quarter Production Update

BEACON MINERALS LIMITED 🔗 📄 📈

Jaurdi Gold Project produced 7,540 ounces of gold in the March 2023 quarter.
Gold sales for the quarter were 8,045 ounces at an average sale price of $2,766/oz, totaling $22.26 million.
Beacon to acquire the Lady Ida Gold Project and four additional Exploration Licences, and issue $20 million in debentures to fund the acquisition and development.

2023-04-12 11:29:00

NST: NST Closes US$600M Senior Guaranteed Notes Offering

NORTHERN STAR RESOURCES LTD 🔗 📄 📈

Northern Star Resources Limited has closed its offering of US$600 million of senior guaranteed notes due in April 2033.
The notes will be guaranteed by certain wholly owned subsidiaries of Northern Star.
The cash proceeds from the offering will be used for general corporate purposes, including capital expenditures.

2023-04-12 11:25:00

GRE: Whundo Copper-Zinc Project Increases Resource Tonnes by 72%

GREENTECH METALS LIMITED 🔗 📄 📈

72% increase in resource tonnes, 63% increase in Cu metal tonnes, and 24% increase in Zn metal tonnes at Whundo Copper-Zinc Project.
Combined Whundo – Ayshia JORC 2012 compliant Inferred + Indicated Mineral Resource Estimate now at 6.19 Mt @ 1.12% Cu, 1.04% Zn.
GreenTech Metals to proceed with preliminary development investigations, including mine modeling, metallurgical studies, and processing options.

2023-04-12 11:25:00

IG6: Fourth high grade graphite discovery at Springdale

INTERNATIONAL GRAPHITE LIMITED 🔗 📄 📈

Fourth high-grade graphite discovery, Mason Bay, made at Springdale Graphite Project, 2km east of existing Springdale Mineral Resource.
Initial flotation tests show 95%+ graphite concentrate and recoveries exceeding 93% from Mason Bay samples.
Total of 12 diamond and 261 RC infill and exploration holes drilled since June 2022, with more graphite discoveries expected in the future.

2023-04-12 10:34:00

29M: Exploration Update - Capricorn Copper

29METALS LIMITED 🔗 📄 📈

29Metals announces successful March quarter 2023 drilling program results at Capricorn Copper, showing potential extensions and new mineralized trends.
Key results include substantial copper mineralisation in drill holes east of Mammoth orebody and down plunge of existing ESS mineral resources estimates.
The positive drilling results demonstrate the growth potential and medium to long-term prospects at Capricorn Copper.

2023-04-12 10:20:00

MIN: Lockyer-2 gas appraisal well results

MINERAL RESOURCES LIMITED 🔗 📄 📈

Lockyer-2 gas appraisal well results show the Kingia Sandstone reservoir is water saturated and at a higher pressure than previously interpreted.
Drilling operations of the Lockyer-2 well have been completed and the well has been suspended for future potential use.
The Ensign Rig 970 is set to mobilize for drilling the North Erregulla Deep-1 exploration well.

2023-04-12 10:02:00

NWE: Lockyer-2 Well Results

NORWEST ENERGY NL 🔗 📄 📈

Low levels of background gas found in primary Kingia Sandstone target at 4,142 meters in Lockyer-2 gas appraisal well.
Reservoir encountered is water saturated, with higher aquifer pressure and reduced gas column, impacting resource potential of Lockyer Deep-1 discovery.
Lockyer-2 will be suspended and rig moved to North Erregulla Deep-1 exploration well; result expected to downgrade resource potential of Greater Lockyer structure.

2023-04-12 10:02:00

E25: HPMSM Feasibility Study Delivers Outstanding Economics

ELEMENT 25 LIMITED 🔗 📄 📈

Element 25 Limited has completed a feasibility study for a high purity manganese sulphate facility in Louisiana, USA, producing monohydrate manganese sulphate for electric vehicle battery manufacturing.
The study confirms the project's technical and economic viability and highlights its lower environmental impact compared to incumbent producers to supply the growing electric vehicle market in the US.
The project benefits from its location, with excellent infrastructure, a skilled local workforce, low-cost energy, and proximity to markets for repurposing by-product industrial materials for circular resource use.

2023-04-12 10:01:00

LLI: Transformational Acquisition of Advanced Lithium Project

LOYAL LITHIUM LIMITED 🔗 📄 📈

Loyal Lithium acquires a controlling majority stake in the advanced, high-grade Hidden Lake Lithium Project in Yellowknife, Northwest Territories, Canada.
Acquisition formalizes a Joint Venture between Loyal Lithium and Patriot Battery Metals and provides significant scope to expand known mineralization.
The company is fully-funded to complete the proposed acquisition and undertake exploration and feasibility workstreams into CY2025 with existing cash reserves of A$6.573 million.

2023-04-12 09:48:00

ARD: Completed Diamond Drilling Program over Kempfield

ARGENT MINERALS LIMITED 🔗 📄 📈

Argent Minerals completed a 2nd phase Diamond drilling program at Kempfield, with seven drillholes totaling 1,102m.
The drilling aimed to extend high-grade mineralization and investigate potential new mineralized zones NW and NE of the main Resource area.
All samples have been submitted for analysis, with assay results to be announced once received.

2023-04-12 09:46:00

TOE: Further Massive Nickel Sulphides at Dimma

TORO ENERGY LIMITED 🔗 📄 📈

TED 53 intersects 8.9m zone of visible Ni-sulphides, extending previous findings by approximately 15m to the south at a similar depth.
Hand-held portable XRF suggests Ni grades of 1.4-5.1% within massive Ni-sulphides.
Dimma is one of four Ni-sulphide discoveries in Toro's 100% owned Dusty Nickel Project, with only ~3.5km of the 7.5km magnetic trend tested.

2023-04-12 09:44:00

CDR: Drilling commences at niobium-rich Karloning REE Project

CODRUS MINERALS LIMITED 🔗 📄 📈

Maiden 2,000m RC drilling program commences at the Karloning REE Project, focusing on rare earth elements (REE) and niobium potential.
Drilling aims at understanding the distribution of high-grade rare earths and pegmatite-hosted niobium for various industrial applications.
Karloning Project offers Codrus the opportunity to diversify into the critical minerals sector, complementing its existing gold and copper assets.

2023-04-12 09:40:00

CYP: Ethics Committee Approval for Proposed aGvHD Phase 2 Trial

CYNATA THERAPEUTICS LIMITED 🔗 📄 📈

Cynata Therapeutics received approval from the Australian Human Research Ethics Committee to commence a Phase 2 clinical trial in acute graft-versus-host disease (aGvHD).
The trial aims to investigate the efficacy and safety of CYP-001 in combination with corticosteroids compared to corticosteroids alone, involving approximately 60 patients across the U.S., Europe, and Australia.
Patient recruitment is expected to begin this quarter, with primary evaluation of the trial data to be completed in 2024.

2023-04-12 09:37:00

AAR: Drilling Highlights Resource Growth Potential at Mandilla

ASTRAL RESOURCES NL 🔗 📄 📈

High-grade reverse circulation drill results from Hestia Deposit at Mandilla Gold Project show potential for significant resource growth beyond current Mineral Resource Estimate.
Approximately 6,000 meters of new drilling completed at Theia up to 4 April, with ongoing drilling providing confidence in an increased Mineral Resource Estimate update.
Single diamond drill hole at Feysville Gold Project's Kamperman Prospect intersects a broad high-grade zone of 10m at 4.57g/t Au from 148m in FRCD208, supporting the aim to increase the resource base for a robust standalone mine development at Mandilla.

2023-04-12 09:36:00

LSR: Lodestar Establishes At-the-Market Facility

LODESTAR MINERALS LIMITED 🔗 📄 📈

Lodestar Minerals Limited establishes an At-the-Market Subscription Agreement (ATM) with Acuity Capital, providing up to $2,000,000 of standby equity capital over 40 months.
Lodestar has full discretion in utilizing the ATM, the maximum number of shares to be issued, the minimum issue price, and the timing of each subscription.
This ATM facility aims to provide increased flexibility in funding for Lodestar's exploration activities, benefiting all shareholders of the company.

2023-04-12 09:21:00

LEX: Burns Project Demonstrates Significant Scale

LEFROY EXPLORATION LIMITED 🔗 📄 📈

Interpretation of drill results at Lefroy's Burns Project in WA's Eastern Goldfields reveals a significant "first-of-a-kind" alkalic gold-copper porphyry discovery and a larger mineralized system.
Focused drilling at Burns Central advances understanding of the mineral system, while additional drilling across multiple targets is planned for nearby gold and copper anomalies.
Lefroy Exploration plans to release the maiden Mineral Resource Estimate for Burns Central in April 2023.

2023-04-12 09:21:00

TG1: Further Outstanding Gold In Soils at John Bull

TECHGEN METALS LTD 🔗 📄 📈

New outstanding peak soil sample result of 10 g/t Au with large extension zone identified.
Northern zone gold soil anomaly now measures +900m x 275m, and Southern zone is 250m x 150m.
Stage two RC and maiden diamond drilling planned and fully permitted for early May 2023.

2023-04-12 09:19:00

NAG: Antimony-Gold Modelling

NAGAMBIE RESOURCES LIMITED 🔗 📄 📈

Mining Plus has commenced modelling the antimony-gold vein systems at the Nagambie Mine, discovering one of the highest-grade antimony orebodies in the western world.
The exploration decline and exploration ore drives have been designed at 105m and 125m vertically below surface, to be part of Nagambie's Work Plan Variation application under its Mining Licence MIN5412.
Nagambie's exploration tenements cover over 3,000 sq km in the Waranga Domain of the Melbourne Zone, which is considered highly prospective for less-geologically-complex antimony-gold orebodies.

2023-04-12 09:10:00

PXS: After FDA Review PXS Accelerates Plans for Combination Study

PHARMAXIS LTD 🔗 📄 📈

Pharmaxis announces plans to add combination treatment arm to the PXS-5505 Phase 2 clinical trial in myelofibrosis (MF) after receiving helpful FDA feedback.
The combination therapy trial will include myelofibrosis patients receiving a JAK inhibitor as standard care with PXS-5505, beginning later this year.
Pharmaxis will focus on hematological malignancies, while not progressing on the previously planned study in hepatocellular carcinoma (HCC) patients.

2023-04-12 09:08:00

AVR: Patent for Transcatheter Heart Valve Replacement Technology

ANTERIS TECHNOLOGIES LTD 🔗 📄 📈

Anteris Technologies receives a utility patent for its novel DurAVR™ transcatheter heart valve (THV).
The patented design offers a biomimetic valve that mimics a healthy human heart valve.
This patent strengthens Anteris Technologies' competitive position in the TAVR field.

2023-04-12 09:08:00

ARX: AROA secures first FDA clearance for ENIVO system

AROA BIOSURGERY LIMITED 🔗 📄 📈

AROA Biosurgery received U.S. FDA 510K clearance for its Enivo™ pump and catheter, part of the Enivo™ Tissue Apposition Platform.
The clearance simplifies initiating future clinical studies and early commercialization activities for the company.
AROA’s management estimates the total addressable U.S. market for the Enivo™ platform to be greater than $1B.

2023-04-12 09:05:00

HRE: Outstanding High-Grade Rare Earth Intersections Continue

HEAVY RARE EARTHS LIMITED 🔗 📄 📈

Drilling in the Western Zone at Cowalinya revealed high-grade intercepts up to 4839 ppm TREO, with potential for increased rare earths resources.
Significant new drill intersections include high ppm TREO values in various samples, showing a rich presence of rare earths in the area.
Assay results from 57 air core holes in the Cowalinya project show valuable and thick rare earth intercepts in the newly-discovered Western Zone.

2023-04-12 09:05:00

SPQ: Discovery of a large porphyry-style system at Bottletree

SUPERIOR RESOURCES LIMITED 🔗 📄 📈

Discovery of a large porphyry-style hydrothermal alteration and copper-molybdenum mineralization system at the Bottletree Prospect, with significant molybdenum content.
Two distinct mineralizing events were recognized, indicating the possibility of a centralized porphyry system and the potential for a large-scale deposit.
Exploration will focus on locating the central potassic core while also assessing the potential for a profitable Wallrock Porphyry style Cu-Mo deposit.

2023-04-12 09:04:00

NXT: Contracted Utilisation Update

NEXTDC LIMITED 🔗 📄 📈

NEXTDC's contracted utilisation increased by 35.9MW (43%) to 120MW since 31 December 2022 due to recent customer wins.
The company's S3 data centre is now operating at 46% of its total planned capacity.
Revenue from new customer contracts will be progressively recognized from late FY24 to FY29 as additional data halls are commissioned.

2023-04-12 09:00:00

AQD: Balladonia Drilling to Commence

AUSQUEST LIMITED 🔗 📄 📈

~4,800m diamond drilling program set to commence in mid-April at Balladonia, targeting large-scale base metal deposits.
Eight priority gravity/magnetic targets to be tested within the Fraser Range region of Western Australia.
Balladonia project forms part of the Strategic Alliance Agreement with South32.

2023-04-12 08:59:00

MEI: Completion of Caldeira Project REE Acquisition

METEORIC RESOURCES NL 🔗 📄 📈

Acquisition of Tier 1 Ionic Clay Caldeira REE Project completed, including 21 Mining Licenses and 9 Mining Licence Applications.
Historic drilling showed high-grade Total Rare Earth Oxide (TREO) intersections and preliminary metallurgical testwork completed with promising recoveries.
$A25M Capital Raising ensures full funding for 2023 exploration and studies program at Caldeira, including various milestones and ongoing drilling programs.

2023-04-12 08:58:00

PAT: Commencement of Managing Director and CEO

PATRIOT LITHIUM LIMITED 🔗 📄 📈

Nicholas Vickery commences his role as Managing Director and CEO of Patriot Lithium, with an expanded project portfolio across the US and Canada.
Ten highly prospective lithium projects include the Keystone and Tinton Projects (South Dakota), Wickenburg Project (Arizona), and seven new Ontario projects (Canada).
Patriot assembles a significant, 100% owned project portfolio and an experienced exploration team, now focusing on executing exploration activities on the ground.

2023-04-12 08:57:00

WNX: Trading Update

WELLNEX LIFE LIMITED 🔗 📄 📈

Wellnex Life Limited is on track to meet its FY23 guidance of $29 million, a 55% increase from FY22, thanks to growth in its brand offerings and IP licensing.
The company projects a revenue of $47 million for FY24, increasing by 63% compared to FY23, with higher gross margins due to a larger proportion of sales from wholly-owned brands.
Wellnex will continue to grow in sales of wholly-owned brands, IP licensing, and new innovations, with further growth in IP licensing and expansion into new territories in 2023.

2023-04-12 08:55:00

SHM: Shriro to represent American Standard and Grohe in NZ

SHRIRO HOLDINGS LIMITED 🔗 📄 📈

Shriro Holdings Limited appointed by LIXIL Corporation to represent American Standard and GROHE brands in New Zealand and Pacific Island markets exclusively
Initial agreement term is for three years, effective from 1 July 2023
After FY24 transition period, Shriro expects brands to contribute combined revenue of circa A$10M annually

2023-04-12 08:53:00

IRD: Amp Energy Lead Developer for Cape Hardy Green Hydrogen

IRON ROAD LIMITED 🔗 📄 📈

Amp Energy selected as lead developer for Cape Hardy Green Hydrogen Project after a competitive bidding process.
Strategic Framework Agreement includes upfront exclusivity fee, milestone payments, and long-term land lease agreements.
Project aims to facilitate water security, add value to resources, and strengthen multi-commodity export opportunities.

2023-04-12 08:51:00

RLG: RLG Appointed to Sell Fiji Kava in China and Australia

ROOLIFE GROUP LTD 🔗 📄 📈

RLG appointed to market and sell Fiji Kava's range of products in China and Australia, providing digital marketing and e-commerce operations.
Fiji Kava products include relaxant and sleep aid capsules, drinking kava, dietary shots, and new ready-to-drink products.
RLG will generate revenue through multiple channels and has performance rights for sales achievements up to AUD 15 million by 30 June 2028.

2023-04-12 08:51:00

PNR: New High Grade Lode System confirmed in Southern Mainfield

PANTORO LIMITED 🔗 📄 📈

Phase 2 drilling confirms high grade mineralisation in three previously untested NW structures at Norseman Gold Project.
The mineralisation remains open in all directions, with accessible infrastructure from the historic Viking Decline.
The area has potential to be an important high grade ore source in the coming years, according to Pantoro Managing Director Paul Cmrlec.

2023-04-12 08:46:00

CSS: Acquisition of New Automated Feed Barge

CLEAN SEAS SEAFOOD LIMITED 🔗 📄 📈

Clean Seas Seafood Limited announces the purchase of a new automated feed barge to reduce production costs and improve operational efficiency.
The feed barge is expected to be delivered in early 2024 and fully operational by the end of June 2024, costing A$5.7 million in total.
The new feed barge will have a capacity to store 650 tonnes of feed and is expected to drive a payback period of less than 4 years, with an estimated working life of around 20 years.

2023-04-12 08:41:00

MRC: MRC to Increase Ownership Interest in Tormin

MINERAL COMMODITIES LTD 🔗 📄 📈

MRC to increase its ownership interest in Tormin mine from 50% to 69%.
Ownership restructuring in compliance with South Africa's 2018 Mining Charter recommendations.
New ownership structure: 69% MRC, 21% B-BBEE Shareholders, 5% employees, and 5% local community.

2023-04-12 08:40:00

AVW: Diamond Drilling Intersects Massive Sulphide At Puolalaki

AVIRA RESOURCES LTD 🔗 📄 📈

36m interval of massive sulphides within a 76m zone discovered in PUO23002 at Puolalaki Project in Northern Sweden.
Portable XRF analyses indicate the presence of nickel, copper, and cobalt in sulphide intervals; complete assays pending laboratory analysis.
5 diamond drill holes completed in the exploration program, with downhole electromagnetic surveying set to commence next week.

2023-04-12 08:37:00

LRS: More High-Grade Colina Intersections

LATIN RESOURCES LIMITED 🔗 📄 📈

Latest drilling results continue to confirm the expansion of the Colina pegmatite swarm, providing additional confidence in a significant resource upgrade in June.
Systematic resource definition drilling progressing well; high-grade pegmatite swarm extends over an area of approximately one kilometer by one kilometer to a depth of 400m below surface, open in all directions.
Colina JORC Mineral Resource Estimate (MRE) upgrade remains on schedule to be published in June.

2023-04-12 08:36:00

CY5: Auclair sale completed and Osisko becomes shareholder

CYGNUS GOLD LIMITED 🔗 📄 📈

Cygnus completes acquisition of the Auclair lithium project in James Bay, Canada, from Osisko Development, which increases its shareholding in Cygnus.
Co-operative framework arrangement allows Cygnus to leverage Osisko's Canadian exploration expertise and network for future plans.
Significant work program planned for the acquired project, including geophysics and further assessment of the spodumene-bearing pegmatite.

2023-04-12 08:28:00

VMC: Acquisition of NSR Royalty Youanmi Gold Project

VENUS METALS CORPORATION LIMITED 🔗 📄 📈

Venus Metals Corporation Limited acquires an additional 0.3% net smelter royalty (NSR Royalty) in the Youanmi Gold Mining Leases, increasing Redscope's royalty holding to 1%.
Key terms include a $50,000 deposit, $450,000 cash payment, and issuing 3 million fully paid Venus shares at $0.18 per share upon completion.
Acquisition completion is to occur within 30 days, and the additional NSR Royalty has the potential to provide significant value if the Youanmi Gold Project goes into production.

2023-04-12 08:21:00

BTR: High Grade Extensional Results from Cork Tree Well

BRIGHTSTAR RESOURCES LIMITED 🔗 📄 📈

Successfully completed 6,000m RC drilling program at Cork Tree Well with extensions of mineralized lodes confirmed.
To date, assays received for 13 holes, with results for 17 holes pending.
Updated Mineral Resource Estimate to be incorporated into mining feasibility studies once all assay results are received.

2023-04-12 08:20:00

CBY: Further Drilling Progress at the Briggs Copper Project

CANTERBURY RESOURCES LIMITED 🔗 📄 📈

Further assays from the current core drilling program at the Briggs Copper Project in Central Queensland confirm copper-molybdenum sulphide mineralisation in multiple holes over a significant strike-length.
23BRD0015 is the most significant molybdenum drill intersection on the project to date, with potential to support a resource upgrade after further drilling.
Alma Metals is funding the drill program and has the right to earn up to 70% interest via staged expenditure totaling $15.25M.

2023-04-12 08:20:00

WC1: Salazar REE Project Metallurgical Testwork Update

WEST COBAR METALS LIMITED 🔗 📄 📈

Metallurgical testwork on Salazar REE Project's mineralisation is well advanced and shows potential for acid leach extraction at low temperatures.
Australian Nuclear Science and Technology Organisation (ANSTO) is engaged to optimize leach test results using hydrochloric and organic acid.
West Cobar Metals collaborates with Nagrom and the ARC Centre of Excellence to conduct additional front-end beneficiation trials.

2023-04-12 08:20:00

ALM: Drill Assays Extend Briggs Cu-Mo Mineralisation

ALMA METALS LIMITED 🔗 📄 📈

Assays from the current core drilling program at Briggs Copper Project confirm copper-molybdenum sulphide mineralisation in multiple holes over a significant strike-length.
23BRD0015 is the most significant molybdenum drill intersection on the project, likely to support a significant resource upgrade with further drilling.
Drill intersections with >0.2% Cu have been recorded over more than 1650m strike-length, within the ~2000m long >0.1% Cu surface geochemical anomaly.

2023-04-12 08:20:00

WGX: Production Update - Q3, FY23

WESTGOLD RESOURCES LIMITED. 🔗 📄 📈

Westgold Resources Limited reports strong Q3, FY23 with gold production of 60,512 ounces, making a total of 188,740 ounces for the year so far.
The company is on track to achieve the upper end of its production guidance of 240,000-260,000 ounces for FY23.
At the end of Q3, Westgold's cash, bullion, and liquid assets increased to $168M, up from $159M in the previous quarter.

2023-04-12 08:18:00

CDT: Castles Kambale Project Exceeds 1.4Mt Contained Graphite

CASTLE MINERALS LIMITED 🔗 📄 📈

Castle's Kambale Project now contains over 1.4Mt of graphite, with a 15.6Mt @ 9.0%TGC Inferred and Indicated Mineral Resource.
A new drilling program is planned to upgrade previously unclassified mineralization and explore more opportunities within the 149km2 license area.
Kambale is well-positioned to meet the increasing demand for Battery Anode Material and has excellent infrastructure access, including hydro-generated power and numerous roads.

2023-04-12 08:18:00

FIJ: Fiji Kava Appoints Roolife as China Distributor

FIJI KAVA LIMITED 🔗 📄 📈

Fiji Kava Limited appoints RooLife Group as its exclusive distributor in Australia and China with performance rights to achieve up to AUD$15m in retail sales.
RooLife will manage Fiji Kava's online sales in Australia and co-market the Fiji Kava drinking kava range with their VORA protein range in the sports nutrition channel.
Fiji Kava Limited terminates its distribution contract with PuMate Shanghai.

2023-04-12 08:17:00

MAN: 50% increase in BLM land position at Utah Lithium Project

MANDRAKE RESOURCES LIMITED 🔗 📄 📈

Mandrake increases its acreage at the Utah Lithium Project to 76,850 acres in the Paradox Basin, southeast Utah, USA.
Field visit completed to finalize well access and prepare for lithium-brine sampling.
Mandrake is fully funded with $18.3M and aims to build a world-class lithium project in the United States.

2023-04-12 08:17:00

ERW: Errawarra - Graphite Outcrops Discovered at Errabiddy

ERRAWARRA RESOURCES LTD 🔗 📄 📈

Graphite outcrops discovered at Errabiddy tenement, covering over 500km2 of underexplored ground.
Tenement surrounds Buxton Resources' Graphite Bull project with a resource of 4Mt at 16.2% TGC1.
Errawarra Resources Ltd also exploring potential for rare earths at the site.

2023-04-12 08:15:00

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