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News from 15th June, 2023

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S2R: Koonenberry Licences to be granted, work to commence soon

S2 RESOURCES LTD 🔗 📄 📈

S2 has been granted three large exploration licenses for a 2,712 square kilometer area in Koonenberry, northwestern NSW, covering Ni-Cu-PGE prospective stratigraphy.
The Koonenberry Belt, similar to the Pechenga (Russia) and Fraser Range (Western Australia) nickel districts, is largely unexplored and has known Ni-Cu sulphide occurrences.
Regional geophysics has been completed over a significant area, with the project located near the Silver City Highway and covering 140 kilometers of the prospective stratigraphy's strike.

2023-06-15 14:26:00

GT1: Settlement of $20m Strategic Investment & Cleansing Notice

GREEN TECHNOLOGY METALS LIMITED 🔗 📄 📈

Green Technology Metals Limited has issued 21,739,130 new shares at A$0.92 per share to LG Energy Solution, settling the A$20M Strategic Investment under the Subscription Agreement.
The company has complied with provisions of the Corporations Act 2001 and will continue to update the market on its progress in accordance with its disclosure obligations.
Due to recent successes in the Root Bay drill program, the Preliminary Economic Assessment release will be delayed to incorporate the Root Bay Mineral Resource, with a revised timetable provided in due course.

2023-06-15 12:06:00

ERW: Errawarra - Lithium Exploration Continues at Andover West

ERRAWARRA RESOURCES LTD 🔗 📄 📈

Ground reconnaissance and sampling of pegmatites at Andover West project is ongoing, with results from initial samples pending.
Potential for lithium-bearing pegmatites across the Andover project tenement, with a focus on field inspection and sampling of priority targets.
FLEM survey work completed, aimed at uncovering additional drill targets for Ni/Cu mineralisation, with results pending.

2023-06-15 11:08:00

PCK: Ethos Laboratories Distribution Agreement

PAINCHEK LTD 🔗 📄 📈

PainChek signed a distribution agreement with Ethos Laboratories to bring its smartphone-based pain assessment app to the US market, targeting aged care and long-term care facilities.
Ethos will sell and market the PainChek Adult App alongside its existing pain biomarkers, with FDA clearance for PainChek targeted for Q1 2024.
This agreement is strategically material as PainChek seeks to rapidly expand its presence in the US market, which includes over 2 million aged care beds.

2023-06-15 10:52:00

ARL: Kalgoorlie Nickel Project Mineralised Neutraliser Patent Lod

ARDEA RESOURCES LIMITED 🔗 📄 📈

Ardea Resources has filed an international patent application for the Mineralised Neutraliser (MN) at its Kalgoorlie Nickel Project's Goongarrie Hub.
MN contributes additional nickel-cobalt production, replaces imported limestone, and reduces costs and carbon emissions in the process.
The MN technology is a significant R&D breakthrough and will be incorporated into the updated Mineral Resource Estimate and prefeasibility study's ore reserve.

2023-06-15 10:14:00

LKE: Lake Res Provides JORC Update on its Flagship Kachi Project

LAKE RESOURCES N.L. 🔗 📄 📈

Lake Resources NL announces an updated resource estimate for Kachi Project, with M&I lithium resources increasing to 2.93 million tonnes and 5.18 million tonnes of Inferred Resource.
Recent activities and studies have significantly improved the understanding of lithium brine extent and increased exploration potential.
Properties are 100% owned by Lake Resources, and ongoing drilling aims to further define the deeper resource beyond 400 m depth.

2023-06-15 10:11:00

GRE: Appointment of Expert Lithium Advisors to Drive Exploration

GREENTECH METALS LIMITED 🔗 📄 📈

GreenTech enters into agreement with Obsidian Metals Group (OMG) for lithium exploration and development.
OMG and its investors will invest $1m in GreenTech, demonstrating strong support for its West Pilbara assets.
The new capital will fast-track GreenTech's lithium exploration strategy, managed by a founding director of Galaxy Resources.

2023-06-15 09:50:00

RIM: Exploration Partner Funding Update

RIMFIRE PACIFIC MINING LIMITED 🔗 📄 📈

Rimfire Pacific Mining (ASX: RIM) has decided to terminate the Binding Heads of Agreement with funding partner Golden Plains Resources Pty Ltd (GPR), as GPR has not met the final corporate payment of $700K.
Rimfire has offered Anton Billis and his related entities the opportunity to pay the $700K prior to the termination taking effect, preventing the termination of the Binding Heads of Agreement.
The Fifield Project Earn In Agreement will still remain on foot, and GPR continues to have funding obligations under that agreement, committed to supporting Rimfire for the mutual benefit of both parties.

2023-06-15 09:49:00

GRE: HIGH-GRADE LITHIUM DISCOVERED AT RUTH WELL PROJECT

GREENTECH METALS LIMITED 🔗 📄 📈

Reconnaissance rock chip sampling at Ruth Well Project in Pilbara, WA confirms multiple lithium-bearing pegmatites with up to 1.65% Li2O.
Ruth Well pegmatite bearing zone is up to 200m wide and traced for 6km strike, remaining open in all directions.
Near-term exploration activities include further rock chip sampling, soil geochemistry, trenching programs, and a pending maiden RC drilling program.

2023-06-15 09:42:00

AZL: Prairie Lithium Brine Project Update

ARIZONA LITHIUM LIMITED 🔗 📄 📈

Arizona Lithium Limited has commenced an upgrade of the JORC Inferred Mineral Resource at the Prairie Project and initiated a Pre-Feasibility Study.
The company has signed a contract with a third-party DLE provider for pilot plant mobilization, with Phase 3 set for November 2023.
AZL is continuing the development of its proprietary Direct Lithium Extraction technology, with the Canadian pilot plant being relocated to the Lithium Research Centre in Phoenix, Arizona.

2023-06-15 09:37:00

HMD: E-Lovu signs first 3 year commercial agreement

HERAMED LIMITED 🔗 📄 📈

E-Lōvu Health signed a three-year commercial agreement with Caduceus Medical Group following a successful pilot, and two more pilots are scheduled with private clinics on the US west coast.
The agreements have a combined total patient volume of 1,000-1,400 pregnancies per year and are set to go live in July 2023.
In July 2022, HeraMED signed a strategic partnership with e-Lōvu, supplying 1,000 HeraBEAT smart fetal heart rate monitors and blood pressure cuffs, along with an unrestricted license for the HeraCARE platform for 1,000 pregnancies.

2023-06-15 09:35:00

TOE: Assays Confirm Further Massive Nickel Sulphides at Dusty

TORO ENERGY LIMITED 🔗 📄 📈

Geochemical assays confirmed massive nickel sulphides in the Dimma discovery drill holes at the Dusty Nickel Project in Western Australia.
Four zones of massive or semi-massive nickel sulphide have been discovered within the 4 km tested area of the 7.5 km long Dusty Komatiite magnetic trend.
Toro's Executive Chairman, Richard Homsany, suggests the Dusty Project has the potential to be a district-scale nickel discovery, with further drilling planned.

2023-06-15 09:31:00

HAW: HAW LCY enter into Lithium Agreement with Hancock

HAWTHORN RESOURCES LIMITED 🔗 📄 📈

Hancock commits to $4 million and may spend around $22 million more to earn 51% in a Joint Venture for minerals, excluding iron ore, at Mt Bevan
Additional payments to Legacy and Hawthorn based on the delineation of lithium JORC compliant resources
Hancock to complete a Pre-Feasibility Study (PFS) upon meeting exploration milestones

2023-06-15 09:21:00

LCY: Hancock Executes Lithium Earn-In and Joint Venture

LEGACY IRON ORE LIMITED 🔗 📄 📈

Hancock to invest $4 million initially for a 7.5% stake in the Mt Bevan Project, focusing on exploration and development of lithium and other critical minerals.
Hancock may fund up to $22 million in additional exploration and development activities to earn a total of 51% interest in the Project, in three stages.
Legacy Iron and Hawthorn to hold 29.4% and 19.6% interest, respectively, in the Project if Hancock meets all earn-in requirements.

2023-06-15 09:19:00

FRS: Lithium drilling commencement at Forrestania Project

FORRESTANIA RESOURCES LIMITED 🔗 📄 📈

Lithium-focused RC drilling to commence at Forrestania project with a drill rig on site.
Initial 3000-4000m drilling program at three high priority targets, including the Calypso prospect.
Forrestania Resources remains confident in the project's potential for a significant lithium discovery.

2023-06-15 09:18:00

BMG: RC Drill Assays Confirm LCT Pegmatites at Bullabulling

BMG RESOURCES LIMITED 🔗 📄 📈

BMG exercises option to acquire the Bullabulling Project in Coolgardie, Western Australia, with a combined project area of 185 sq km.
Initial RC drill assays confirm strong prospectivity for lithium and gold, with anomalous intercepts from Poolmans and Ubini prospects.
High-priority targets identified, with follow-up drilling planned and outstanding assays expected in the coming weeks, driving strong newsflow.

2023-06-15 09:17:00

RBX: High-Priority Targets Identified at Wali Lithium Project

RESOURCE BASE LIMITED. 🔗 📄 📈

Results from a detailed airborne magnetic survey at the Wali Lithium Project have identified high-priority targets correlated with significant magnetic breaks and known pegmatite occurrences.
The survey's detailed magnetic data has refined and extended the known lithium prospective greenstone boundary, revealing compelling targets through north-east running structures abutting the greenstone and granite contact.
Resource Base Ltd will use these results as part of the blueprint for the upcoming on-ground exploration campaign, commencing imminently.

2023-06-15 09:16:00

ALM: Drilling Shows Wider Copper Mineralisation at Briggs

ALMA METALS LIMITED 🔗 📄 📈

Assays from the Briggs Copper Project confirm broad zones of copper-molybdenum sulphide mineralisation outside the existing Inferred Resource.
Holes 23BRD0015 and 23BRD0016 extended the known limits of the Briggs deposit to the northwest and northeast with higher-grade molybdenum mineralisation encountered.
A significant resource upgrade is planned in early Q3 2023 after final assays are received, along with further drilling targeting deposit extensions and higher-grade zones.

2023-06-15 09:11:00

NPM: New Peak to acquire 25-30% of Argentina lithium project

NEWPEAK METALS LIMITED 🔗 📄 📈

NewPeak Metals Limited plans to acquire a 25% stake in Southern Cross Britannia Ltd, a mineral exploration company with Lithium, copper, and uranium prospects in Argentina.
The company will transfer its subsidiary Excarb SA and pay US$1,500,000 for the stake, aiming to complete initial drilling programs in Hombre Muerto South lithium project.
The acquisition is part of NewPeak's rejuvenation plan and expected to provide access to the growing lithium market, subject to successful exploration and development.

2023-06-15 09:01:00

EGR: US Patent Allowed

ECOGRAF LIMITED 🔗 📄 📈

EcoGraf has received a 'Notice of Allowance' from the USPTO for its patent application titled "Method of Producing Purified Graphite," which will provide protection in the US until approximately November 2042.
The EcoGraf HFfree™ technology is an environmentally friendly and cost-effective process for producing high-quality battery anode material and supports the transition to clean energy.
Patents and trademarks have been lodged by EcoGraf in all key battery markets, including the EU, Korea, Malaysia, Vietnam, East Africa, South Africa, and Australia.

2023-06-15 08:59:00

FBM: Completion of Nepean Nickel Project Sale

FUTURE BATTERY MINERALS LIMITED 🔗 📄 📈

FBM completes the $10 million sale of the Nepean Nickel Project tenements to Rocktivity Nepean Pty Ltd.
A cash consideration of $2.7 million received, with a remaining deferred amount of $7.2 million to be paid by June 2025.
FBM fully funded for exploration activities at Kangaroo Hills Lithium Project in WA and the Nevada Lithium Project in the US.

2023-06-15 08:56:00

VUL: Zero Carbon Lithium Project Update - 'Endspurt' for LEOP

VULCAN ENERGY RESOURCES LIMITED 🔗 📄 📈

Vulcan Energy Resources' Lithium Extraction Optimisation Plant is in the final sprint to finish, aiming for mechanical completion in August and commissioning in September.
The plant will produce the first tonnes of lithium chloride concentrate in Europe, using renewable heat instead of fossil gas for Direct Lithium Extraction (DLE).
The Optimisation Plant will serve three purposes: supply lithium to automakers and battery customers, provide operational readiness training, and optimize process parameters for commercial production.

2023-06-15 08:46:00

PV1: 270 MW Hydrogen Plant in Norway

PROVARIS ENERGY LTD 🔗 📄 📈

Provaris Energy collaborates with Norwegian Hydrogen AS to develop a large-scale green hydrogen production plant at Ørskog in Ålesund municipality, Norway.
The plant will have a capacity of 270 MW, producing 40,000 tonnes of green hydrogen annually when fully developed.
Provaris' solution for hydrogen storage and transportation will be utilized, allowing for flexible delivery of green energy to Europe.

2023-06-15 08:44:00

LM1: Jenpeg High-Grade Lithium Project Tenure Increased by 130%

LEEUWIN METALS LIMITED 🔗 📄 📈

Expansion of Jenpeg High-Grade Lithium Project by 130%, covering over 1,700 km2 of Mineral Exploration Licences in Manitoba, Canada.
Strategic growth via staking 6 additional MELs and holding over 50 km of prospective greenstone geology under license.
Ongoing work includes government engagement, First Nation community collaboration, remote sensing, and a summer field program for mapping and geochemical sampling.

2023-06-15 08:43:00

PL3: MT Geophysics Defines Significant Prospective Drill Targets

PATAGONIA LITHIUM LTD 🔗 📄 📈

MT Geophysics survey identified two large brine bodies with low resistivity, considered highly prospective drill targets.
10 hole drill program to commence once drill permits are issued for Formentera and Cilon.
Survey results suggest the presence of a large brine body with up to 5km in length and 2km in width.

2023-06-15 08:35:00

CBY: Drilling significantly expands the Briggs copper deposit

CANTERBURY RESOURCES LIMITED 🔗 📄 📈

Recent core drilling program results confirm a significant expansion of the Briggs Copper Project, with extensions of 190m to the north-west and 100m to the north-east.
Drill intersections reveal mineralisation over a 1,650m strike-length, supporting a substantial resource upgrade to be completed in early Q3 2023.
Planning is underway for further drilling in Q3 2023, targeting deposit extensions and evaluating higher-grade geological settings in greater detail.

2023-06-15 08:23:00

MRC: Munglinup Participation and Heritage Engagement Agreement

MINERAL COMMODITIES LTD 🔗 📄 📈

MRC Graphite Pty Ltd signs a Participation and Heritage Engagement Agreement with Esperance Tjaltjraak Native Title Aboriginal Corporation for the Munglinup Graphite Project.
The Agreement is a crucial step to obtain environmental authorization and mining rights for the Project and includes a 0.5% royalty to ETNTAC.
The Agreement will provide economic, social, and environmental benefits to the Kepa Kurl Wudjari people and protect their cultural heritage.

2023-06-15 08:21:00

KGD: Taliah Lithium Prospect - High Order Drill Targets Defined

KULA GOLD LIMITED 🔗 📄 📈

Advancements at the Taliah Prospect include new anomalous lithium, tantalum, and pathfinder results, with up to 214ppm lithium and 144ppm tantalum.
An expanded structure and significant anomalous Li and prospective fractionation K/Rb ratios elevate the prospect to a high-order lithium drill target.
New Sasha Prospect has a prospect size of 1.8km2, with tenement applications filed north of Taliah and Sasha Prospects.

2023-06-15 08:20:00

TYX: Tyranna executes Offtake Agreement with Sinomine

TYRANNA RESOURCES LIMITED 🔗 📄 📈

Execution of binding offtake agreement for 50% of the spodumene and 50% of the pollucite from the Namibe Lithium Project with Sinomine, including a USD$10,000,000 prepayment.
Key Condition Precedent satisfied for Phase 1 funding consisting of investment of AUD $4,500,000 in Tyranna and project-level funding of AUD $10,000,000.
Accelerated drilling program planned with two Sinomine drill rigs available to be mobilized to the site.

2023-06-15 08:19:00

PMT: Patriot Drills 127.7m at 1.78% Li2O at the CV5 Pegmatite

PATRIOT BATTERY METALS INC. 🔗 📄 📈

Additional high-grade intersection at Nova Zone with 95.3 m at 1.62% Li2O, confirming 1.1 km strike length and other significant intercepts.
Core sample assay results for 12 drill holes from the 2023 winter drill program are pending.
Company on target for a July 2023 announcement of initial mineral resource estimate at CV5, including the recently completed winter drill program.

2023-06-15 08:19:00

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