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News from 22nd May, 2023

*Disclaimer

ASX Briefs · Battery Metals News for May 22, 2023

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RTG: Memorandum of Agreement Signed with TVIRD

RTG MINING INC. 🔗 📄 📈

RTG Mining Inc. has signed a binding Memorandum of Agreement, settling outstanding issues with Sage Capital and TVI Resource Development (Phils.) Inc., and restructuring the Mabilo Project.
RTG will retain a 40% interest in Mt. Labo Exploration and Development Corporation, have a 2% net smelter royalty, and be entitled to approximately 57% of the proceeds of Stage 1 of the project.
The funding arrangements for the project have been successfully renegotiated, relieving RTG of a sole funding obligation, and establishing a pro-rata funding obligation with Sage Capital.

2023-05-22 18:11:00

RMS: Breaker offer status and compulsory acquisition notice

RAMELIUS RESOURCES LIMITED 🔗 📄 📈

Ramelius Resources Limited announces the closure of its takeover offer for Breaker Resources NL on 15 May 2023, with a relevant interest in 93.94% of Breaker shares.
The Company is proceeding with the compulsory acquisition of the remaining Breaker shares, with notices dispatched to non-accepting shareholders.
ASX is expected to suspend the quotation of Breaker shares 5 business days after the announcement.

2023-05-22 17:57:00

WML: Resignation of Managing Director

WOOMERA MINING LIMITED 🔗 📄 📈

Woomera Mining Limited announces the resignation of Managing Director Jason Livingstone for personal reasons, effective immediately.
Company's Chairman, Ian Gordon, will continue to manage corporate activities until a new Managing Director is appointed.
Woomera Mining Limited focuses on exploring battery metals and gold in various regions across Western and South Australia.

2023-05-22 17:42:00

EQR: Strong BFS Update Delivers 47% Increase In NPV

EQ RESOURCES LIMITED 🔗 📄 📈

BFS Update results in a 47% increase in NPV, reaching $307.1 million, and an IRR of 477%.
Project consists of a 10-year production schedule with a 25% higher tungsten concentrate output.
Initial capital cost optimized to $18.5 million, with a total Capex over Project life of $26.3 million.

2023-05-22 15:10:00

IVZ: Invictus Share Purchase Plan Receives Strong Supprt

INVICTUS ENERGY LTD 🔗 📄 📈

Invictus Energy exceeded its initial $5 million target in Share Purchase Plan (SPP), with commitments for the initial amount already received and oversubscriptions up to an additional $5 million accepted.
Funds raised will be used for high-impact exploration and appraisal programs at the 80% owned and operated Cabora Bassa Project in Zimbabwe.
The SPP offer will remain open until 5:00 pm (WST) on 25 May 2023, with eligible shareholders able to subscribe for a maximum of $30,000 worth of new shares at $0.12 per share, and receive attaching options on a one-for-two basis at A$0.20 with a three-year term.

2023-05-22 14:12:00

OSM: Osmond to Acquire U.S. Lithium-Borate Project

OSMOND RESOURCES LIMITED 🔗 📄 📈

Osmond Resources has entered into an agreement to acquire the Salt Wells lithium-borate project in Nevada, US, a strategic move for clean energy economies.
The acquisition complements Osmond's existing projects, with plans to quickly define an exploration program and commence maiden drilling in 2H CY2023.
Osmond aims to raise approximately $2.3 million through a non-renounceable rights issue to fund the exploration of the Salt Wells Project.

2023-05-22 10:37:00

CXM: First Shipment of Ardmore Phosphate to Asian Market

CENTREX LIMITED 🔗 📄 📈

First shipment of high-grade phosphate rock from Centrex Limited's Ardmore Phosphate Rock Mine shipped to South Korea via Samsung C&T.
Centrex targeting further sales and shipments to Asian customers utilizing Samsung's extensive customer network.
Ardmore's phosphate rock is of high quality and low in toxic chemical Cadmium, opening doors for more opportunities in the Asian market.

2023-05-22 10:29:00

NAG: Antimony-Gold Mineable Intersections Increased to 29

NAGAMBIE RESOURCES LIMITED 🔗 📄 📈

Seven new mineable intersections added to the volume of Sb-Au mineralization in the C1 & C2 vein systems, increasing it by around 25%.
Potential confirmation of the predicted C3 Sb-Au vein system with assays pending, which could lead to the announcement of a major orebody at the Nagambie Mine.
A second diamond rig has been contracted to accelerate the drill-out of the Nagambie orebody and bring forward Nagambie's maiden JORC Resource.

2023-05-22 10:24:00

GLN: Galan Completes Strongly Supported A$31.5 million Placement

GALAN LITHIUM LIMITED 🔗 📄 📈

Galan Lithium Limited raises A$31.5 million through an over-subscribed institutional placement.
Funds will be used to accelerate development of lithium projects, including purchasing long lead items, exploration, and drilling.
A Share Purchase Plan of up to A$5 million will be undertaken for existing eligible shareholders, making Galan well-funded with a pro-forma cash position of approximately A$50 million.

2023-05-22 10:03:00

AVR: FIH Results Presented at EuroPCR & Simultaneous Publication

ANTERIS TECHNOLOGIES LTD 🔗 📄 📈

DurAVR™ Transcatheter Heart Valve (THV) First-in-Human Study showed promising haemodynamic performance and safety profile, with no mortality or major complications reported.
Interim results indicate successful implantation in 100% of cases and favorable haemodynamic results sustained at 1-year follow-up for participating patients.
Encouraging preliminary data will be further validated in an FDA-approved Early Feasibility Study (EFS) commencing soon.

2023-05-22 10:00:00

BBX: Significant REE levels at Ema and new tenements applications

BBX MINERALS LIMITED 🔗 📄 📈

BBX Minerals announces significant REE assay results from 13 drill holes at Ema Project in Brazil.
Seven of the 13 drill holes reported significant Total Rare Oxide (TREO) values, indicating potential economic grades of REE enrichment.
Company has submitted applications for three new exploration tenements within the Apuí region in Brazil.

2023-05-22 09:59:00

PAM: Reung Kiet Lithium Project Drilling Results

PAN ASIA METALS LIMITED 🔗 📄 📈

Assay results received for eight more holes, extending the project depth and supporting the existing Mineral Resource interpretation.
Drilling completed at Reung Kiet, with an updated Mineral Resource estimate expected in June.
Drilling underway at the Bang I Tum lithium prospect, where an Exploration Target of 8-14Mt @ 0.5-0.8% Li2O is being evaluated.

2023-05-22 09:59:00

ZNC: New Lithium Project - Yilmia

ZENITH MINERALS LIMITED 🔗 📄 📈

Zenith Minerals Limited has secured a binding option agreement to obtain up to a 100% interest in lithium rights near Coolgardie, Western Australia.
The Yilmia Lithium Project contains an 8km long greenstone rock sequence, considered prospective for lithium pegmatites and is in a similar geological setting to the recent Kangaroo Hills discovery.
Zenith plans to conduct an initial aircore drilling program to assess the lithium potential of the 8km long corridor in the project area.

2023-05-22 09:59:00

ACL: Response to Healius' Target's Statement

AUSTRALIAN CLINICAL LABS LIMITED 🔗 📄 📈

ACL addresses Healius' Target's Statement and encourages shareholders to carefully read the Second Supplementary Bidder's Statement.
Healius' Target's Statement is fundamentally flawed, and ACL believes the Healius Board is failing its shareholders by not acting in their best interests.
ACL criticizes the Healius Board for not fully assessing the Offer, failing to disclose alternative value creation opportunities, and refusing to engage with ACL on expected cost synergies.

2023-05-22 09:55:00

WIN: Widgie Completes Strongly Supported A$12 Million Placement

WIDGIE NICKEL LIMITED 🔗 📄 📈

Widgie Nickel Limited successfully raised A$12 million through a placement at A$0.26 per share, with strong demand from investors.
Virtue Investments Corporation, a subsidiary of Ascend Global Investment Fund SPC, invested A$7.66m and will hold a 9.9% interest in the company.
Funds raised will primarily be used for exploration, evaluation, project development, and working capital at the Mt Edwards Project.

2023-05-22 09:53:00

CAE: Hole 19 pXRF results show 110m of copper bearing breccia

CANNINDAH RESOURCES LIMITED 🔗 📄 📈

110m of mineralised copper breccia intersected in Hole 19 at the southern extension of Mt Cannindah, with visual estimates of 2%-4% chalcopyrite and expected copper values in the range of 0.8%-1.2% Cu.
Copper bearing breccia continues further downhole in CAE #19, with lower zone expected to report in the 0.25% to 0.4% Cu range over 150m downhole (291m to 450m).
High grade chalcopyrite infill found in hydrothermal breccia, with final Cu, Ag, Au grades to be reported upon receipt of lab results.

2023-05-22 09:46:00

PTR: SQUID EM Survey - Significant Copper-Gold Target

PETRATHERM LTD 🔗 📄 📈

SQUID EM survey identified a significant conductive plate in the Olympus Target area within the Mabel Creek Project.
The conductive plate starts at around 600 meters depth, extends to at least 2 kilometers, and is along the Olympic Copper-Gold trend.
Drilling plans are underway to test the Olympus Target in the second half of 2023.

2023-05-22 09:43:00

AVE: Avecho licenses TPM for use in cancer drugs

AVECHO BIOTECHNOLOGY LIMITED 🔗 📄 📈

Avecho has signed a licensing and development agreement with Arthur Group to develop a series of cancer drugs using TPM® to replace adverse solvents or surfactants.
The agreement includes rights to five oncology products, representing a combined US market of US $2.92 billion.
Arthur Group will fund all formulation, non-clinical, and clinical development, and Avecho will receive 30% of revenue from licensing and 30% of net profit from commercialization.

2023-05-22 09:39:00

AUC: Ausgold moves to a Larger 5Mtpa Gold Operation at KGP

AUSGOLD LIMITED 🔗 📄 📈

Scoping Study completed for a larger 5 Mtpa operation at Katanning Gold Project, projecting average gold production of 155,000 oz pa over the first six years and an average of 136,000 oz pa over the 10-year evaluation period at an average head grade of 1.05 g/t Au.
Increased pre-tax project NPV 5 to $819M, a 20-month payback period, post-tax IRR of 46%, and 10-year life of mine, with a pre-production capital cost of $297M, including 7% contingency.
Scoping Study based on updated prices and costs with DFS completion expected in Q4 CY2023, positioning Katanning Gold Project as the largest undeveloped, free-milling, open-cut gold project in Western Australia.

2023-05-22 09:33:00

GNM: Completion of Acquisition of Finland Lithium Projects

GREAT NORTHERN MINERALS LIMITED 🔗 📄 📈

GNM completes acquisition of Sukula and Kuusisuo lithium projects in Finland.
The company will pay AUD$25,000 cash and issue AUD$275,000 worth of shares as consideration for the acquisition.
Initial work programs will include purchasing, compiling, and processing of geophysical and geochemical datasets for further evaluation and target identification.

2023-05-22 09:32:00

ICL: New High-Grade Gold Results at Guyer Target Area

ICENI GOLD LIMITED 🔗 📄 📈

New high-grade gold results discovered in the Guyer target area provide evidence of deeper buried mineralization.
Gold-bearing rock chips and significant numbers of gold nuggets found in key areas support existing targeting work.
Exploration drilling is being prepared for Guyer North target to further investigate significant targets.

2023-05-22 09:30:00

PAA: Motor Neurone Disease Clinical Trial Update

PHARMAUST LIMITED 🔗 📄 📈

Monepantel (MPL) was well tolerated by all MND patients in the first two dosing levels, with no reported safety issues or Serious Adverse Events (SAEs).
The Phase 1/2 MND trial is on track to be completed in Q3 of 2023, with interim analysis results to be announced as they are received.
MPL has the potential to activate molecular pathways relevant to the treatment of MND and reduce the rate of degeneration and loss of motor neurons.

2023-05-22 09:29:00

TG1: John Bull Gold Drilling Commences

TECHGEN METALS LTD 🔗 📄 📈

Stage two RC and maiden diamond drilling program has commenced at John Bull Gold Project.
The drilling program aims to step out 100m and 200m north and 100m to the south of stage one maiden RC drilling.
Drilling is targeting gold mineralization defined by high-grade soil geochemistry.

2023-05-22 09:26:00

BIM: Exploration Commenced and Drill Targets Refined in Magnetics

BINDI METALS LIMITED 🔗 📄 📈

Reprocessing of historic magnetic data refines targets and indicates excellent potential of Schryburt Lake REE-Nb Project.
Several geological similarities found between Schryburt and Niobec deposit, with four new large undrilled magnetic low features discovered.
Exploration and maiden drill program planned to commence in the coming months, focusing on critical metals for the green energy transition in tier-1 mining jurisdictions.

2023-05-22 09:23:00

OSL: First patient treatment in Italy

ONCOSIL MEDICAL LTD 🔗 📄 📈

OncoSil Medical Ltd announces the first patient treatment with the OncoSil device in Italy.
The treatment was undertaken at the San Camillo-Forlanini Hospital in Rome, Italy.
OncoSil aims to improve the recognition of the OncoSil device as a treatment option for patients with pancreatic cancer in Italy and across Europe.

2023-05-22 09:11:00

OAU: High Grade Primary Gold Intercepts at Crown Prince Extension

ORA GOLD LIMITED 🔗 📄 📈

High-grade gold results were obtained from the South-Eastern Ore Body (SEB) at the Garden Gully Gold Project.
New zones of gold mineralization are indicated in the footwall to previously drilled lodes.
Results will be used in an upcoming resource estimation, with diamond drilling set to target deeper zones soon.

2023-05-22 09:10:00

AHC: Austco awarded $3.9M contract

AUSTCO HEALTHCARE LIMITED 🔗 📄 📈

Austco Healthcare's subsidiary secures a $3.9M contract to supply and install its Tacera platform and low-voltage solutions at Maple View aged-care facility in Athens, Ontario.
The 192-bed facility, owned by the Municipality of Leeds and Grenville, is set to open in 2025 as one of Ontario's most advanced aged care facilities.
Revenue recognition for the project is expected to begin this financial year, with construction already underway and completion expected in 2025.

2023-05-22 09:07:00

CDT: Castle Commences Geophysical Survey at Kambale

CASTLE MINERALS LIMITED 🔗 📄 📈

Castle has commenced a 200-line km geophysical survey using Loupe EM equipment to locate additional graphite occurrences on the Kambale license.
The survey aims to identify strong EM conductors for immediate testing using the RC drill rig currently performing infill and extensional drilling at the Kambale deposit.
The field-based component of the EM survey is expected to be completed by mid-June, and it runs alongside a 35-hole, 4,100m RC drilling campaign.

2023-05-22 09:00:00

SHN: Work Commences on 3865m Liontown Diamond Core

SUNSHINE GOLD LIMITED 🔗 📄 📈

Work has begun on 3,865m of diamond drill core from the Liontown deposit at the Ravenswood Consolidated Project in north Queensland.
3,083m (12 holes) of diamond core transported to Townsville head office for logging, cutting, and assaying, with results expected in July 2023.
410m (2 holes) assayed with results pending, while 372m (2 holes) are delivered to the laboratory for analysis, with results expected in June 2023.

2023-05-22 08:53:00

PXX: IP surveys commenced for large-scale targets at Humboldt

POLARX LIMITED 🔗 📄 📈

Induced Polarisation (IP) surveys have commenced at PolarX's Humboldt Range Project in Nevada, focusing on identifying large-scale disseminated sulphide mineral concentrations.
Recent drilling revealed a close relationship between disseminated sulphides and gold/silver mineralisation, with IP surveys helping to prioritize large-scale drilling targets.
IP surveys are underway at Fourth of July and will start at Black Canyon in early June, aiming to identify the best targets for drilling based on high chargeability and strong resistivity anomalies.

2023-05-22 08:43:00

RMI: RMC continues Lithium Exploration in Finland

RESOURCE MINING CORPORATION LIMITED 🔗 📄 📈

Field exploration work at RMC's 100% owned Hirvikallio and Kola Lithium projects in Finland will resume this week.
The objective of the field work is to identify drilling targets at Kola and Hirvikallio, following promising lithium results from the 2022 field work.
RMC will also progress its Ruossakero Nickel Project, with field work planned in Q3 2023 after processing historical VTEM data.

2023-05-22 08:41:00

TMX: 600m-long chargeability anomaly identified Smokebush Project

TERRAIN MINERALS LIMITED 🔗 📄 📈

600-meter-long chargeability anomaly identified parallel to Monza Gold prospect at Smokebush Project.
Previous drilling by Terrain intersected gold mineralization but missed the main mineralization zone.
Drill testing of the main mineralization zone scheduled for June/July 2023.

2023-05-22 08:36:00

AGC: Hilltop IP Survey Defines Third Compelling Drill Target

AUSTRALIAN GOLD AND COPPER LTD 🔗 📄 📈

An IP survey confirmed a strong chargeability anomaly at the Hilltop target in the South Cobar Project, indicating potential for base metal and gold mineralization.
A 700-meter-long zone of strong chargeability is associated with gold in rock chips, and the IP anomaly is an addition to the recently announced Achilles IP targets.
The Hilltop anomaly presents a compelling third drill target for Australian Gold and Copper Ltd in their pursuit of valuable resources.

2023-05-22 08:35:00

AVW: BROAD ZONE OF NI-CU-CO MINERALISATION CONFIRMED

AVIRA RESOURCES LTD 🔗 📄 📈

Assay results confirm Ni-Cu-Co mineralization in drillhole PUO 23002 with an intercept of 36m @ 0.63% Ni, 0.57% Cu, 952ppm Co from 16.7m to 52.7m at Puolalaki Project in Sweden.
Results indicate potential for higher-grade zones within the wider envelope with intervals of 0.71-0.75% Ni, 0.60-0.97% Cu, and 1063-1112ppm Co.
Avira Resources is well-positioned to capitalize on European demand for ethically sourced critical raw materials for batteries, including nickel, copper, and cobalt.

2023-05-22 08:26:00

KNI: KNI Commences Exploration at 3 James Bay Lithium Projects

KUNIKO LIMITED 🔗 📄 📈

Kuniko commences field exploration activities at three promising lithium projects in the globally desirable and rapidly emerging lithium district of James Bay, Quebec, Canada.
The projects consist of the Fraser, Mia North, and Nemaska South Lithium Projects, all situated within a prolific lithium-rich region known for its potential to host significant mineral resources.
A two-stage exploration program is now underway, with reputable Canadian exploration services provider, Axiom Exploration Group Ltd., undertaking field exploration activities across Kuniko's projects.

2023-05-22 08:26:00

NHE: North Rukwa Project Operational Update

NOBLE HELIUM LIMITED 🔗 📄 📈

Completion of Farmout for North Rukwa Project targeted by end of May
Sofori contract prepared for signature, with rig mobilisation to Tanzania in mid-June
New 3D seismic data increases confidence in helium discoveries

2023-05-22 08:25:00

EV1: Second new discovery at Chilalo

EVOLUTION ENERGY MINERALS LIMITED 🔗 📄 📈

Assay results from drilling at Chilalo Graphite Project identified a second new discovery, Chilalo E2, located east of Chilalo and north of Chilalo East.
Chilalo E2's shallow depth, width, grade, and close proximity to the existing Chilalo mineral resource and Chilalo East deposit demonstrate the potential to grow the Chilalo mineral resource.
The discovery potentially enables a production expansion, extension to mine life, and reduction in mining costs.

2023-05-22 08:25:00

MRC: Tormin Secures MSP Funding and Finished Garnet Offtake

MINERAL COMMODITIES LTD 🔗 📄 📈

Mineral Commodities Limited has entered formal agreements with GMA Group for Offtake and Funding.
MSR agrees to supply GMA Group with finished garnet product and GMA Group will provide MSR with US$10,000,000 in loan funding for MSP's design and construction.
This agreement aligns with MRC's Strategic Plan to transition into higher value finished products.

2023-05-22 08:25:00

CY5: 67 pegmatites identified plus spodumene confirmed at Auclair

CYGNUS GOLD LIMITED 🔗 📄 📈

Initial desktop studies identified 67 pegmatites and spodumene grading up to 1.2% Li2O at Cygnus Metals' Auclair Lithium Project in James Bay, Canada.
Exploration, including geophysics, mapping, and rock chip sampling, is set to commence in June, with diamond drilling scheduled for July.
Auclair is located within the same greenstone belt as Critical Elements Resource Corp’s Rose Deposit and Nemaska Lithium's Whabouchi project.

2023-05-22 08:25:00

MAN: Wells secured for re-entry Lithium sampling at Utah Lithium

MANDRAKE RESOURCES LIMITED 🔗 📄 📈

Mandrake Resources Limited has secured a Well Access Agreement for re-entry lithium sampling at its Utah Lithium Project in the Paradox Basin.
The agreement allows Mandrake to sample lithium brines in multiple existing wells, accelerating the exploration program and saving on drilling costs.
Preparations for sampling activities are well advanced, with the company fully funded at $18.3 million as of March 2023.

2023-05-22 08:25:00

PDI: Multiple High Priority Drill Targets Identified at Argo

PREDICTIVE DISCOVERY LIMITED 🔗 📄 📈

11 drill targets identified at Argo, with initial reverse circulation (RC) drilling program commencing soon.
Drill targets based on recently completed induced polarisation (IP) surveys and other key geological and exploration data.
Regional gravity survey completed, upgrading several Argo target areas and identifying targets for auger drilling in other underexplored areas.

2023-05-22 08:24:00

GBR: RC Drilling extends gold mineralisation at Mulga Bill

GREAT BOULDER RESOURCES LIMITED 🔗 📄 📈

RC drilling at Mulga Bill North has identified broad zones of gold mineralization up to 1.25km north of the currently defined 518koz Au Mineral Resource Estimate.
Recent drilling highlights include multiple intersections with significant gold concentrations at Ironbark and Mulga Bill.
Phase 2 RC drilling is now complete, and diamond drilling at Ironbark and Mulga Bill is underway, with further AC and RC programs planned.

2023-05-22 08:24:00

BNL: Voyager Development Update

BLUE STAR HELIUM LIMITED 🔗 📄 📈

Three well drilling program at the high-grade Voyager development is set to commence in August, including two approved helium development wells and an exploratory well.
New OGDP application submitted for an additional four development wells at Voyager; agreements with mid-stream counterparty for leased helium facility expected to be executed shortly.
Blue Star on track for first helium production and sales from Voyager during Q4 CY2023.

2023-05-22 08:24:00

ATX: Amplia receives grant to collaborate with CSIRO

AMPLIA THERAPEUTICS LIMITED 🔗 📄 📈

Amplia receives grant funding for research collaboration with CSIRO to develop novel topical formulations of FAK inhibitors.
The project aims to develop formulations for wound healing and reduction of scarring by addressing over-activity of Focal Adhesion Kinase (FAK) in fibroblast cells.
Collaboration with CSIRO aims to bring together world-class research and Amplia's proprietary FAK inhibitors to target a multi-billion-dollar global wound healing and scar treatment market.

2023-05-22 08:24:00

RAS: Monte Cristo Gold Project

RAGUSA MINERALS LTD 🔗 📄 📈

Two promising gold prospects identified from recent geochemical sampling at Monte Cristo Gold Project in Alaska, USA.
Peak grades of 17.1ppm Au at Old Man Prospect and 3.1ppm Au at Emerald Prospect.
Strong gold anomalies discovered, indicating potential mineral prospectivity and proximity to multi-million ounce gold projects.

2023-05-22 08:24:00

ADD: Geologically Significant Nickel Sulphide Licence Granted

ADAVALE RESOURCES LIMITED 🔗 📄 📈

Adavale Resources has been granted a key prospecting licence, Luhuma Central, within its Kabanga Jirani Nickel Project.
Luhuma Central covers 3.74km2 and contains a historical 8.4m intersection of massive sulphide grading 1.14% Ni.
Adavale has recently recommenced drilling, making Luhuma Central a high priority target in the current exploration program.

2023-05-22 08:24:00

VMM: Viridis Secures Rare Earth Exploration Properties in Canada

VIRIDIS MINING AND MINERALS LIMITED 🔗 📄 📈

Viridis Mining and Minerals secured two prospects totaling 211km2 in Newfoundland and Labrador, Canada, which are highly prospective for rare earths.
The Ytterby exploration claims are near the Mistastin Batholith, and the Star Lake exploration claims represent a greenfield opportunity for rare earths and uranium.
Viridis plans to conduct UAV radiometric/aeromagnetic surveys followed by field programs over the target areas and is identifying potential acquisition opportunities in the battery and critical minerals sector.

2023-05-22 08:23:00

EBR: EBR Reports Positive Results for its Pivotal SOLVE-CRT Trial

EBR SYSTEMS INC. 🔗 📄 📈

EBR's pivotal SOLVE-CRT trial meets primary efficacy and safety endpoints, demonstrating significant improvement against benchmarks.
Final PMA submission to the FDA targeted for Q1 2024, potentially leading to FDA approval.
Positive results represent a major milestone in addressing a significant unmet need in an annual addressable market worth US$2.5 billion initially.

2023-05-22 08:23:00

ZLD: ZLD secures additional US$3.25M investment in HOPE SPV

ZELIRA THERAPEUTICS LIMITED 🔗 📄 📈

Zelira Therapeutics secures an additional US$3.25 million investment in the HOPE® Special Purpose Vehicle (SPV), bringing the total amount raised to US$11.85 million.
Funding supports FDA clinical trials for Zelira's proprietary and patented protected HOPE® 1 product in autism.
Zelira aims to raise up to an additional US$22 million to complete the total funding goal of approximately US$35 million for the trials.

2023-05-22 08:22:00

BAT: Maiden Diamond Drilling Program Commences in White Rabbit

BATTERY MINERALS LIMITED 🔗 📄 📈

Diamond drilling has begun in the White Rabbit District to test priority gold targets at Coxs Find, Frankfurt, and Cosmopolitan Prospects.
Initial focus will be on the Coxs Find target, with a strong IP chargeability anomaly and gold anomalism in previous drilling and rockchip samples.
Aircore drilling of 59 shallow holes has been completed, with results expected in early June to refine bedrock drill targets in the Frankfurt area.

2023-05-22 08:22:00

GTE: Lake Way Potash Seismic Survey Defines Major Paleochannel

GREAT WESTERN EXPLORATION LIMITED. 🔗 📄 📈

A passive seismic survey at Great Western's Lake Way Potash Project has defined a major paleochannel, traversing 60km through the entire length of Great Western's tenure.
The palaeochannel has a 2.5-kilometre-wide centralised inset paleovalley, infilled with potentially high brine yielding sediment, and is connected to SO4's adjacent potash development project.
Legacy drill results within Great Western tenure recorded high-grade potash brine levels, indicating significant opportunity for Great Western Exploration and allowing the company to start defining a brine resource equivalent to JORC Code 2012 standards.

2023-05-22 08:21:00

LM8: Baker Preliminary Feasibility Study - A Rising Star

LUNNON METALS LIMITED 🔗 📄 📈

Completion of Preliminary Feasibility Study (PFS) for the Baker deposit, confirming it as a commercially robust high-grade nickel sulphide orebody with low pre-production capital cost.
Initial probable Ore Reserve of 612kt averaging 2.86% Ni for 17.5kt contained nickel, with significant future upside potential and the deposit remaining open down plunge.
Pre-tax and post-tax free cash flow generation of $196 million and $145 million, enabling detailed offtake discussions for the high grade nickel sulphide ore of the Baker Project.

2023-05-22 08:21:00

MI6: Further strong copper-gold intersected at Mynt

MINERALS 260 LIMITED 🔗 📄 📈

Latest drilling results at Mynt prospect show continuous sulphide-related copper-gold mineralisation, indicating potential for multiple mineralised shoots.
Results include significant assays such as MRDD0013 (21.8m @ 1.9% Cu and 0.8g/t Au) and MRRC0143 (10m @ 1.3% Cu and 0.6g/t Au).
Minerals 260 maintains strong cash position of approximately $18.6M to continue exploration at Moora and newly acquired Aston Li-REE Project.

2023-05-22 08:20:00

DKM: Nickel Results confirm Rosie Continues

DUKETON MINING LIMITED 🔗 📄 📈

Assays received for the 6-hole diamond program at Bulge Ultramafic Complex show significant nickel intercepts, confirming Rosie's continuation.
Drill results will extend the Rosie resource down dip, with downhole EM indicating mineralization continues at depth.
RC drill rig scheduled to return next week for a 4,000m program at the Bulge.

2023-05-22 08:20:00

AFP: Market release FY2023

AFT PHARMACEUTICALS LIMITED 🔗 📄 📈

Operating revenue for the year ending March 2023 increased by 20% to $156.6 million, with strong growth in all regions and market channels.
AFT declares a maiden dividend of 1.1 cents per share, with near-term revenue target of $200 million supported by product launches and commercialization efforts.
FY24 guidance for operating profit falls between $22 million to $24 million, not including $6 million of expected licensing income from Maxigesic IV's US launch in 2024.

2023-05-22 08:01:00

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				1	2	3
4	5	6	7	8	9	10
11	12	13	14	15	16	17
18	19	20	21	22	23	24
25	26	27	28	29	30	31

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

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