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News from 19th April, 2023

*Disclaimer

ASX Briefs · Battery Metals News for April 19, 2023

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IOU: Trading Update

IOUPAY LIMITED 🔗 📄 📈

IOUpay provides a trading update for IDSB, Mobile Banking, and BNPL business segments.
IDSB renewal process well advanced, strong recent trading, and potential Bursa Malaysia listing candidate.
Mobile Banking division continues to grow, with increasing transaction volumes in recent months.

2023-04-19 14:30:00

GBE: Variation of Loan Facility with Director Bo Tan

GLOBE METALS & MINING LIMITED 🔗 📄 📈

Globe Metals & Mining Limited has agreed to extend the loan facility repayment due date with Director Bo Tan by six months, to 18 October 2023.
The facility limit is reduced to A$400,000 (previously A$500,000), and all other loan terms remain the same.
Resolution 2 in the Company's Notice of General Meeting dated 6 March 2023 will be withdrawn from the agenda.

2023-04-19 14:20:00

VML: Market Update - Strategic Review of Saskatoon Plant

VITAL METALS LIMITED 🔗 📄 📈

Vital Metals pauses construction-related activities at the Saskatoon processing facility due to the inability to secure intermediate product sales on commercially satisfactory terms.
The strategic review of the Saskatoon Project is expected to be completed in three months, with a focus on conserving cash and seeking alternative funding sources and partnerships.
Construction of the Saskatoon processing facility is currently approximately 50% complete, and the company plans to retain its Saskatoon-based workforce for a potential quick re-start of construction.

2023-04-19 11:35:00

HNR: Hannans - Market Development Agreement for UK

HANNANS LTD 🔗 📄 📈

Hannans Ltd signs binding market development agreement with G&P Battery Recycling for lithium-ion battery supply in the UK.
Agreement includes a four-year undertaking by GPBR to deliver 16,800 tonnes of qualifying LiB feedstock for a proposed battery-recycling operation.
GPBR granted the right to earn up to 20% total participating interest in the proposed UK entity that will operate the Hannans Shredding Spoke.

2023-04-19 11:10:00

FIJ: Completion of Capital Raise and Planned Rights Issue

FIJI KAVA LIMITED 🔗 📄 📈

Fiji Kava Limited completes a $500,000 capital raising and plans a $500,000 rights issue.
Funds will be used for inventory, marketing expenses, brand development, and working capital.
Options, fees, and shares to be issued are subject to shareholder approval presented in a Notice of Meeting.

2023-04-19 11:07:00

NVU: Nanoshield Tested for Marine Antifouling Applications

NANOVEU LIMITED 🔗 📄 📈

Nanoshield™ W Series successfully tested for marine antifouling applications, to be referred to as Nanoshield™ Marine.
Global antifouling coatings market projected to grow to US$3.9 billion by 2030, with a CAGR of 4.95%.
Further testing underway in Australia and Singapore, and Nanoveu is preparing a worldwide patent for the unique antifouling/antimicrobial activity of the W Series coating.

2023-04-19 10:38:00

RHY: Executive Management Change

RHYTHM BIOSCIENCES LIMITED 🔗 📄 📈

Chief Executive Officer and Managing Director, Glenn Gilbert, resigns from Rhythm Biosciences effective 21 April 2023.
Executive Chairman, Otto Buttula, to take on additional executive duties in the interim.
Board expresses gratitude for Glenn's contributions since his appointment as CEO in late 2018 and wishes him well for the future.

2023-04-19 10:35:00

PAM: Reung Kiet Lithium Project Mining Zones Declared

PAN ASIA METALS LIMITED 🔗 📄 📈

Pan Asia Metals Limited announces the approval of Mineral Management Master Plan No.2 in Thailand, granting legal rights to submit Mining Lease applications for its projects.
Mining Zones have been declared, covering the entire Reung Kiet and Bang I Tum mineralized trends, and will remain in effect until December 31, 2027.
Pan Asia is conducting environmental studies and community information programs in preparation for submitting its mining lease applications.

2023-04-19 10:03:00

ZNC: Maiden Mineral Resource - Earaheedy (Zn-Pb-Ag) Joint Venture

ZENITH MINERALS LIMITED 🔗 📄 📈

Maiden open-pit constrained Inferred Mineral Resource Estimate (MRE) announced for Chinook, Tonka, and Navajoh zinc deposits within the Earaheedy Joint Venture Project.
Zenith holds a 25% non-contributing equity and is free-carried by Rumble Resources Limited through to the completion of a Bankable Feasibility Study (BFS).
Executive Chairman David Ledger praises Rumble team's discovery and progress, with plans to commence a scoping study later in the year.

2023-04-19 09:58:00

RTR: Maiden Resource Confirms Earaheedy's World Class Potential

RUMBLE RESOURCES LIMITED 🔗 📄 📈

Maiden Inferred Mineral Resource Estimate (MRE) reveals 94Mt @ 3.1% Zn+Pb and 4.1g/t Ag, marking one of the largest zinc sulphide discoveries globally in the last decade.
Significant resource growth potential, with less than 35% of the targeted mineralized Unconformity Unit effectively drill tested, and numerous high-grade feeder structure targets defined.
Excellent metallurgical results showcasing potential for a clean, highly marketable bulk concentrate with up to 90% Zn recoveries and low capital/operational cost process flowsheet.

2023-04-19 09:54:00

AHF: Update on Private Placement

AUSTRALIAN DAIRY NUTRITIONALS LIMITED 🔗 📄 📈

Australian Dairy Nutritionals Group provides an update on the private placement to raise $1,000,000 through the issue of 33,333,333 new fully paid ordinary shares.
Partial funds have been received from Mr. Xin Yang, and the timeline for the balance payment has been extended until Friday, 28th April 2023.
For additional information or media enquiries, contact Australian Dairy Nutritionals Limited at +61 3 8692 7284 or email: shareholders@adnl.com.au.

2023-04-19 09:51:00

LRS: A$37.1M Capital Raising to Accelerate Resource Growth

LATIN RESOURCES LIMITED 🔗 📄 📈

Latin Resources Limited has received firm commitments for a A$37.1 million placement to accelerate exploration activity and development approvals at its Salinas Lithium Project in Brazil.
The placement was supported by North American battery metals funds, Integra Lithium, BTG Pactual, and JPG.
Upon settlement, Latin will have a cash balance of approximately A$57 million before costs.

2023-04-19 09:47:00

GRL: Maiden Narraburra Mineral Resource Announcement

GODOLPHIN RESOURCES LIMITED 🔗 📄 📈

Maiden JORC 2012 Mineral Resource Estimate completed for Narraburra Rare Earth Element Project: 94.9 Mt @ 739ppm TREO, including a high-grade core of 20Mt @ 1,079ppm TREO within the Indicated Resource.
Significant improvements to the Narraburra Mineral Resource Estimate: 126% uplift to TREO grade, 50% Indicated Resource, 30% increase to tonnage from previous JORC 2004 MRE.
Mineralisation open in multiple directions providing excellent exploration potential, with mineralogical characterisation results expected in Q2 CY2023 and expedited metallurgical test work program to commence in Q3.

2023-04-19 09:46:00

BUX: Graphite Bull - Drilling Assays

BUXTON RESOURCES LIMITED 🔗 📄 📈

Recent drilling at Graphite Bull project delivers high-grade graphite intersections over considerable widths.
Confirmed minimum 2.0 km strike of high-grade, thick graphite mineralization which remains open.
Baseline biological surveys have commenced to support environmental assessments and approvals.

2023-04-19 09:41:00

DCG: Trading Update

DECMIL GROUP LIMITED 🔗 📄 📈

Earnings margins consistently growing and strong revenue growth anticipated for FY23.
All legacy disputes resolved, contributing to improved profitability.
Robust project pipeline with $205 million in late/final-stage contract negotiations.

2023-04-19 09:38:00

SRZ: Third Quarter Activities and Cash Flow Reports

STELLAR RESOURCES LIMITED 🔗 📄 📈

Heemskirk Tin Project drilling program progresses with outstanding intercepts, extending the high-grade zone and expecting results to support a Pre-Feasibility Study in H2 2023.
No new results announced for the Northeast Tasmania Exploration Project during the quarter, but fieldwork has been ongoing.
Upcoming plans include drilling an exploration hole at North Scamander and ongoing surface geochemistry programs targeting gold mineralisation in northeast Tasmania.

2023-04-19 09:36:00

CHZ: Kassassoko demonstrates resource potential at Diamba Sud

CHESSER RESOURCES LIMITED 🔗 📄 📈

Kassassoko drilling returned multiple wide, shallow mineralized intervals, indicating potential for significant mineralization at the Diamba Sud.
Geological model shows a granite-hosted mineralized system with recoveries of between 90% and 96% at Kassassoko.
Phase 10 drilling program completed with results from additional holes at Kassassoko and Gamba Gamba Nord awaited.

2023-04-19 09:32:00

WR1: Lithium portfolio expands with acquisition of Tilly Project

WINSOME RESOURCES LIMITED 🔗 📄 📈

Winsome Resources has signed an agreement to acquire the prospective Tilly Project, located 20kms from Adina Project.
The acquisition increases Winsome's landholding in the James Bay lithium region to over 850km2.
Tilly Project shares several geological similarities to Adina and has little historical exploration.

2023-04-19 09:28:00

SKY: Exploration Update

SKY METALS LIMITED 🔗 📄 📈

SKY Metals intercepted wide, high-grade tin mineralisation at Tallebung, with results indicating potential for deposit expansion.
Rare earths drilling commenced at Doradilla to test the mineralising Midway Granite for REE mineralisation.
New tenement granted over multiple historic tin mines at the Narriah Project, with plans for geological mapping, surface geochemistry, and geophysical surveys to develop drill targets.

2023-04-19 09:26:00

PIM: Elevated Rare Earth Oxides Returned from Downhole Rock Chips

PINNACLE MINERALS LIMITED 🔗 📄 📈

Elevated rare earth oxides found in rock chips during Tambellup East drilling campaign, resulting in the Disruptor Prospect being prioritized for immediate drilling.
Follow-up reverse circulation (RC) drilling program approved to further test the Disruptor Prospect, with potential for both hard rock and clay hosted rare earth deposits.
Pinnacle Minerals' Great Southern Project flanked by Chalice Mining and Fortescue Metals Group, with additional 182.2 km2 of tenure under application.

2023-04-19 09:25:00

A4N: HPA First Project Update

ALPHA HPA LIMITED 🔗 📄 📈

Alpha HPA Limited provides an update on its HPA First Project, focusing on commercialization and production of high purity aluminium products for de-carbonisation.
Stage 1, the Precursor Production Facility in Gladstone, is producing 5N purity aluminium nitrate and expanding its product offerings.
Company is working towards satisfying conditions for the full-scale Project Final Investment Decision, emphasizing product sales, offtakes, and project financing.

2023-04-19 09:23:00

SGR: Trading Update, Cost Initiatives & Sydney Strategic Review

THE STAR ENTERTAINMENT GROUP LIMITED 🔗 📄 📈

The Star Entertainment Group provides an update on FY23 earnings outlook, citing significant and rapid deterioration in operating conditions, especially at The Star Sydney and The Star Gold Coast.
Announces cost and restructuring initiatives to respond to the worsening operating environment, mainly due to regulatory restrictions and weak consumer spending.
Initiates a strategic review of The Star Sydney, with FY23 underlying EBITDA expected to be between $280 million to $310 million, excluding significant items.

2023-04-19 09:23:00

CMM: MGGP PFS Confirms 1.45Moz Maiden Ore Reserve

CAPRICORN METALS LTD 🔗 📄 📈

Pre-feasibility study confirms a 1.45 million ounce Ore Reserve at Mt Gibson Gold Project.
Average annual gold production of 152,000 ounces for the first 7.5 years at an AISC of A$1,420 per ounce.
Potential to lift Capricorn to circa 270,000 ounces per annum production, ranking in the 10 largest ASX listed gold producers.

2023-04-19 09:22:00

GTG: Publication Validates geneType Prostate Cancer Risk Test

GENETIC TECHNOLOGIES LIMITED 🔗 📄 📈

geneType Prostate Cancer Risk Assessment Test identified 23% more men at high risk of developing prostate cancer than family history alone.
The study demonstrated that geneType could enable a more targeted approach to Prostate Specific Antigen (PSA) screening of high-risk men.
The research paper validates the utilization of geneType Prostate Cancer Risk Assessment Test in the identification of men who are at an increased risk of prostate cancer.

2023-04-19 09:22:00

PCG: Pengana WHSP Global Private Credit Joint Venture

PENGANA CAPITAL GROUP LIMITED 🔗 📄 📈

Pengana Capital Group and Washington H. Soul Pattinson have executed a Shareholders Agreement to jointly own and operate Pengana Credit.
WHSP has provided Pengana Credit with $200 million seed funding to establish a diversified portfolio of institutional-grade global private credit investments.
In the coming months, Pengana expects to announce details of global private credit vehicles to be managed by Pengana Credit for offer to Australian investors.

2023-04-19 09:21:00

AVR: Agreement to Develop New Heart Valve Repair Device

ANTERIS TECHNOLOGIES LTD 🔗 📄 📈

Anteris Technologies Ltd has entered an agreement with v2vmedtech to develop an innovative heart valve repair device for minimally invasive treatment of mitral and tricuspid valve regurgitation.
The technology complements Anteris' DurAVR™ TAVR system and aims to address unmet needs in the mitral and tricuspid valve repair market, which is expected to be worth $A4.1 Bn by 2028.
Anteris will initially acquire a 30% interest in v2vmedtech, which holds an exclusive license to technology developed by Dr. Vinayak Bapat from Columbia University.

2023-04-19 09:20:00

BYE: Lease Sale 259 Results Update

BYRON ENERGY LIMITED 🔗 📄 📈

Byron has been awarded blocks Grand Isle 63 and 72 and South Marsh Island Block 57 at the Gulf of Mexico OCS Lease Sale 259 on 29 March 2023.
Grand Isle 63/72 represent a new RTM-based project area, targeting shallow oil sands and deeper gas reservoirs, and utilizing Byron's previously purchased four-pile platform.
South Marsh Island Block 57 is considered highly prospective for oil and gas in multiple fault blocks, with the drill-ready Silver Trout prospect accessible from the SM58 G platform.

2023-04-19 09:19:00

PGY: MoU with Svante for Carbon Capture and Storage Solutions

PILOT ENERGY LIMITED 🔗 📄 📈

Pilot Energy Limited and Svante Technologies Inc have signed an MoU to collaborate on providing full-service carbon capture, transportation, and storage solutions for industrial emitters.
Initially, they will target the decarbonization of approximately 8 million tonnes of CO2 emissions annually from the Western Australian Kwinana Industrial Area.
Svante's novel solid sorbent carbon capture and removal filter technology will be integrated with Pilot's Cliff Head CO2 storage project, targeting Australia's top greenhouse gas emitters.

2023-04-19 09:19:00

SVY: New Gold and Silver Hits from Air-core Drilling

STAVELY MINERALS LIMITED 🔗 📄 📈

Significant gold, copper, and silver assays with elevated base metals and pathfinder elements returned from follow-up air-core drilling at the S41 prospect.
A large hydrothermal alteration system approximately 2km long has been defined, with widespread sericite-silica-pyrite alteration and associated geochemical anomalism.
Diamond drilling is planned to test ~300m below the gold-silver intercept, and air-core drilling results show promising silver intercepts at the Northern Flexure prospect and REE intercepts at the Narrapumelap REE prospect.

2023-04-19 09:18:00

BNL: Voyager Helium Development Wells Approved for Drilling

BLUE STAR HELIUM LIMITED 🔗 📄 📈

Final approval received to drill the first two helium development wells at the high-grade Voyager helium development.
Drilling of the first well is expected to commence in late Q2 or Q3, with additional five-well OGDP submission for Voyager planned in May.
Blue Star on track for first helium production and sales from Voyager during H2 CY2023.

2023-04-19 09:18:00

JRV: Updated RAM resource - opportunity to extend ICO mine life

JERVOIS GLOBAL LIMITED 🔗 📄 📈

Updated 2023 Mineral Resource Estimate for the RAM deposit at Idaho Cobalt Operations shows potential for extended mine life.
Inferred Resources represent a significant opportunity for resource/reserve development, with drilling results providing confidence in the updated RAM resource.
US Department of Defense intends to award Jervois US$15 million under the Defense Production Act Title III program to accelerate drilling and assess construction of a cobalt refinery in the U.S.

2023-04-19 09:17:00

KOB: Geological review generates over 60 pegmatite targets

KOBA RESOURCES LIMITED 🔗 📄 📈

Interpretation of geological and hyperspectral data at the Python Lithium Project generates 28 high-priority pegmatite targets and 36 additional priority targets.
Initial field programs are set to commence for investigating, mapping, and sampling pegmatite targets and completing a project-wide stream sediment sampling program.
Koba Resources is excited about the potential exploration programs underway at its Whitlock Lithium Project in Canada and the upcoming field programs in the Pilbara.

2023-04-19 09:05:00

RRR: VMS POTENTIAL ENHANCED BY ASSAYS AND DOWNHOLE GEOPHYSICS

REVOLVER RESOURCES HOLDINGS LTD 🔗 📄 📈

Discovery hole at C3 Target shows intense VMS stockwork mineralization and pervasive sulphide mineralization in over 260 meters of the 290-meter drill hole.
Assays reveal regular copper and gold mineralization, with downhole EM survey identifying a strong off-hole conductor, making it a priority follow-up drill target.
2,000m diamond drilling program set to commence in late May, targeting follow-up drilling at C3 and testing of broader high-priority EM targets.

2023-04-19 08:54:00

RTE: Market update Statutory Demand Received

RETECH TECHNOLOGY CO. LIMITED 🔗 📄 📈

Retech failed to pay the principle and default interest amount due on 31 March 2023 as per the Payment Plan under the Convertible Note Agreement.
On 6 April 2023, Retech received a statutory demand for payment of the sum of HK$40,224,167.04, which must be paid by 29 April 2023.
If Retech fails to pay the Claimed Amount, City Savvy will proceed with a winding-up petition.

2023-04-19 08:52:00

BGD: Area 51 Prospect Grows to 700m Strike Length

BARTON GOLD HOLDINGS LIMITED 🔗 📄 📈

New drilling results extend Area 51 mineralisation to ~700m strike length, with broad (50-100m) wide mineralisation.
Diamond drilling confirms higher-grade core located around Sep 2022 drill result of 17m @ 3.2 g/t Au from 77m (TBK43).
Key new Area 51 intersections include TKB95D, TKB106, and TKB94D with significant gold values.

2023-04-19 08:52:00

CPM: IP survey confirms strong depth potential at Ardmore South

COOPER METALS LIMITED 🔗 📄 📈

Induced polarisation survey confirms strong depth potential at Ardmore South Cu-Au Prospect.
New rock chip assay results show strong copper-gold mineralisation, up to 20.6% Cu and anomalous gold.
Company focusing on completing logistical and regulatory approvals to drill Ardmore South.

2023-04-19 08:48:00

KLI: Drilling at Rocky gold target commences

KILLI RESOURCES LIMITED 🔗 📄 📈

Drilling has recommenced at the Rocky gold prospect in the Ravenswood North Project, Queensland, targeting intrusive-style gold systems.
The program aims to test geophysical targets similar to gold deposits found 43km along the strike (Mt Wright & Ravenswood Gold Mines).
Five holes are planned for approximately 1,300m to effectively examine the intrusive targets generated from the processing of new geophysical survey data.

2023-04-19 08:45:00

NUH: Nuheara Continues US Retail Expansion with CVS Health

NUHEARA LIMITED 🔗 📄 📈

Nuheara's HP Hearing PRO self-fitting OTC hearing aid now available on CVS.com.
HP Hearing PRO is the first FDA-cleared self-fitting OTC hearing aid in earbud style.
Partnership with CVS Health aims to improve accessibility to hearing health for millions of Americans.

2023-04-19 08:42:00

TIE: Tietto Increases Abujar Resource More Than 10% to 3.83Moz

TIETTO MINERALS LIMITED 🔗 📄 📈

Tietto Minerals Ltd increases Abujar resource by 11% to 3.83 million ounces.
Infill drilling confirms resource continuity and measured resources increase to 12.3 million tons @ 1.3 g/t Au for 470,000oz.
Company plans to update the life of mine (LOM) production plan in Q3 2023 using updated mineral resource estimates, increased mill throughput, and higher gold prices.

2023-04-19 08:42:00

GT1: Maiden Mineral Resource Estimate for the Root Project

GREEN TECHNOLOGY METALS LIMITED 🔗 📄 📈

Maiden Mineral Resource Estimate of 4.5 Mt at 1.01% Li 20 and 110 ppm Ta 2O5 in McCombe Deposit, part of Root Lithium Project in Northwest Ontario, Canada.
Total Mineral Resources increased to 14.4 million tonnes across GT1's 100% owned lithium Projects in Ontario.
Further drilling, exploration, and resource development to continue across McCombe, Morrison, and Root Bay projects.

2023-04-19 08:40:00

SLZ: Kulin Hill Nickel - Diamond Hole Confirms Prospectivity

SULTAN RESOURCES LTD 🔗 📄 📈

All assays from diamond drill hole SLGDD001 on Kulin Hill Project confirm the presence of target geology, a layered ultramafic intrusion, from the surface to a depth of at least 256m downhole.
Anomalous platinum group elements (PGEs), copper (Cu), and elevated sulfur (S) in a sheared lens of mafic-ultramafic below the main unit suggest potential sulfides from a proximal ultramafic source.
The confirmation of target geology and presence of PGEs in drill hole SLGDD001, which clips the edge of the main magnetic target at Kulin Hill, is encouraging for the prospectivity of the main target.

2023-04-19 08:30:00

PNM: Major Milestone, Glencore Execute Kolosori Finance Agreement

PACIFIC NICKEL MINES LIMITED 🔗 📄 📈

Pacific Nickel Mines Limited has signed a loan facility agreement with Glencore International AG for up to US$22 million for the Kolosori Nickel Project.
The initial drawdown of US$3 million is subject to conditions precedent, with subsequent drawdowns based on the facility structure.
Pacific Nickel Mines CEO Geoff Hiller anticipates capital payback within 12 months.

2023-04-19 08:26:00

BAT: Removal of escrow provisions on Tirupati investment

BATTERY MINERALS LIMITED 🔗 📄 📈

Battery Minerals has negotiated the removal of escrow provisions on all its consideration shares in Tirupati Graphite plc (TGR).
The removal of escrow provisions provides additional liquidity to the Company's investment in TGR, valued at $7.8m, with exposure to an emerging major producer of flake graphite.
TGR recently achieved a 30,000tpa production capacity with guidance of 84,000tpa by the end of 2024 and a long-term goal of producing around 8% of the global flake graphite market or 400,000tpa by 2030.

2023-04-19 08:23:00

IBX: Results of Non-renounceable Entitlement Offer

IMAGION BIOSYSTEMS LIMITED 🔗 📄 📈

Imagion Biosystems Limited received approximately $412,903 from eligible shareholders for its non-renounceable entitlement offer, amounting to 24,288,420 shares.
The issue of new shares is expected on 21 April 2023, with trading to commence on 24 April 2023.
Approximately $1.97 million, representing 115,878,572 shares, remains as a shortfall, which the company has until 14 July 2023 to place at the board's discretion.

2023-04-19 08:23:00

ATX: First Patient Recruited to Cohort 3 of ACCENT Trial

AMPLIA THERAPEUTICS LIMITED 🔗 📄 📈

First patient in Cohort 3 of the ACCENT clinical trial for AMP945 in pancreatic cancer has started dosing.
Cohort 3 involves an increased dose of AMP945 after confirming its safety and tolerability in Cohort 2.
ACCENT trial aims to determine the safety, efficacy, and optimal dose of AMP945 in combination with chemotherapy for pancreatic cancer patients.

2023-04-19 08:22:00

WOA: Letter from CEO providing business update

WIDE OPEN AGRICULTURE LTD 🔗 📄 📈

Wide Open Agriculture (WOA) has successfully developed Buntine Protein® for various food applications, with plans to move from pilot to commercial production.
WOA is in advanced negotiations with a strategic production partner for access to an existing brownfield site to expedite Buntine Protein®'s time to market.
Management and the Board have decided to review strategic options to maximize the value of Dirty Clean Food for stakeholders.

2023-04-19 08:22:00

FYI: FYI Achieves 15% Increase in HPA Output in Production Run

FYI RESOURCES LIMITED 🔗 📄 📈

FYI Resources successfully completed an HPA sample production campaign for potential customers, achieving a 15% increase in total product output.
Improvements in process efficiencies and product recovery were demonstrated, and internal testing suggests high product quality and purity.
FYI will now conduct independent purity analysis before moving to various finishing stages and shipping samples for customer assessment and qualification.

2023-04-19 08:21:00

CBL: DROVE - Press Release

CONTROL BIONICS LIMITED 🔗 📄 📈

Control Bionics (ASX:CBL) launches world's first autonomous driving wheelchair module called DROVE in collaboration with Deakin University's Applied AI Institute (A2I2).
The Australian designed and built module can be retrofitted to powered wheelchairs, providing users with joystick-free, precise movement in their homes through the use of neural signals.
DROVE uses a digital camera system, tracking software, and NeuroNode technology, allowing users to navigate tight spaces and detect unexpected obstacles for a safe and independent experience.

2023-04-19 08:21:00

DBI: DBI to proceed with $280m in Major NECAP Projects

DALRYMPLE BAY INFRASTRUCTURE LIMITED 🔗 📄 📈

DBI subsidiary DBIM will proceed with the design and construction of a new Shiploader (SL1A) and a new reclaimer (RL4) under its Non-Expansionary Capital expenditure (NECAP) program.
SL1A and RL4 will cost approximately $165m and $116m respectively, and are planned to be funded through a combination of existing debt capacity and internal funds from operations.
Under the recent 10-year pricing agreements, DBIM is entitled to levy a NECAP Charge, providing an opportunity to grow revenue organically over time.

2023-04-19 08:21:00

PV1: Launch of Compressed H2 Floating Storage Solution

PROVARIS ENERGY LTD 🔗 📄 📈

Provaris launches H2Leo, a compressed hydrogen floating storage solution with a design capacity range of 300 to 600 tonnes, expandable to up to 2,000 tonnes.
American Bureau of Shipping (ABS) provided 'Approval In Principal' for H2Leo, enabling greater flexibility and optimization for Provaris' compressed hydrogen supply chain projects.
The H2Leo will be suitable for various hydrogen supply chains and applications, targeting prototype testing and final class approval later this year, with H2Leo set to become available in 2025.

2023-04-19 08:21:00

MGA: RC DRILLING CONFIRM PRESENCE OF LITHIUM AT UPPER COONDINA

METALSGROVE MINING LTD 🔗 📄 📈

RC drilling confirms the presence of lithium in Upper Coondina with multiple stacked Spodumene Pegmatites.
Assay results include drill hole UCR22033 with 38m @ 0.10%³ Li₂O from 1m (surface) and various intersections of lithium, tantalum, and rubidium mineralisation.
Further exploration and detailed geophysics required to delineate high-grade mineralisation zones and identify new targets.

2023-04-19 08:21:00

LEL: Holes 4 and 5 Intersects Conductive Brines at Solaroz

LITHIUM ENERGY LIMITED 🔗 📄 📈

Holes 4 and 5 of the 10-hole drilling program at the Solaroz Lithium Brine Project encountered significant intersections of conductive brines in both the upper and lower aquifers.
The increasing conductivity and density of brines at depth support the potential for widespread lithium occurrence across the project's concessions.
A third drill rig has been engaged to accelerate the drilling program and advance towards defining a maiden JORC mineral resource of lithium at Solaroz.

2023-04-19 08:20:00

TEM: Meleya Update - Geochem anomaly extended with Nickel and REE

TEMPEST MINERALS LIMITED 🔗 📄 📈

2 kilometre Rare Earth Element (REE) anomaly identified at Outlaw Target.
Results show up to 929 ppm cerium (Ce) and 457 ppm lanthanum (La) in soil assays.
Further work for target exploration in progress.

2023-04-19 08:20:00

CY5: Best result from Pontax drilling to date

CYGNUS GOLD LIMITED 🔗 📄 📈

Best results to date: 23.4m @ 1.4% Li2O from 367.8m, indicating high-grade lithium and tantalum present in the Pontax system.
Maiden resource on schedule for mid-2023, with intensive exploration planned for Pontax, Auclair, and Sakami.
Latest assays continue to demonstrate multiple wide zones of stacked pegmatite mineralization, consistent with previously announced results.

2023-04-19 08:19:00

ADV: Appointment of CEO and Managing Director

ARDIDEN LTD 🔗 📄 📈

Gregory Romain has been appointed as CEO and Managing Director of Ardiden Limited, effective 24 April 2023.
Romain has over 30 years of experience in mining, including leadership roles in MacDonald Mines Exploration Limited and Gowest Gold Ltd.
His appointment will help advance the Company's 100% owned Pickle Lake Gold Project in northwest Ontario, Canada.

2023-04-19 08:19:00

VUL: Zero Carbon Lithium Project Financing Update

VULCAN ENERGY RESOURCES LIMITED 🔗 📄 📈

Vulcan Energy Resources receives in-principle support from several Export Credit Agencies (ECAs) for financing its Phase One Zero Carbon Lithium™ Project, subject to certain conditions.
The company is targeting completion of the debt and equity financing process in Q1 2024, with a total CAPEX estimate of 1.496B EUR and a debt to equity ratio of 65:35%.
Vulcan is in active discussions with strategic investors for equity investment at a project level and expects to provide an initial update soon.

2023-04-19 08:18:00

PRU: March Quarter Report

PERSEUS MINING LIMITED 🔗 📄 📈

Perseus Mining reported strong operating performance with 130,275oz gold produced at AISC of US$971/oz in the March 2023 quarter.
Quarterly cashflows strengthened the company's financial position with available cash and bullion of US$471 million, zero debt.
Development activities continued at Meyas Sand Gold Project in Sudan, with organic growth activities progressing on schedule.

2023-04-19 08:17:00

LM8: East Trough Records Massive Nickel Sulphides Near Baker

LUNNON METALS LIMITED 🔗 📄 📈

Drilling at East Trough prospect revealed 0.38m @ 13.83% Ni with significant Cu, Co, Pd, and Pt values.
This discovery opens up a new front for possible future Baker Mineral Resource extensions.
Baker Pre-Feasibility Study (PFS) on schedule for completion and reporting this quarter.

2023-04-19 08:17:00

MEZ: Meridian Energy monthly operating report for March 2023

MERIDIAN ENERGY LIMITED 🔗 📄 📈

National hydro storage increased to 119% of historical average by 13 April 2023.
Electricity demand in March 2023 was 1.8% lower than the same month last year.
Meridian's retail sales volumes in March 2023 were 2.7% lower than March 2022.

2023-04-19 07:30:00

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