< 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 News from 22nd June, 2023
Mining and Exploration
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BATTERY AGE MINERALS LTD
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Battery Age Minerals Ltd has executed an Early Exploration Agreement with Whitesand First Nation, enabling drilling activities at the Falcon Lake Lithium Project in Ontario, Canada. The Company will work closely with Whitesand throughout all stages of the project, ensuring sustainable development of local communities and economic opportunities. Drilling activities have commenced at the Falcon Lake Lithium Project, with updates to be provided as the program progresses.
SOUTHERN GOLD LIMITED
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IDT has licensed three next-generation battery material technologies from the University of Adelaide, including water-based batteries, safe lithium metal batteries, and a deep eutectic solvent for battery recycling. IDT has appointed Dr. JC Tan as General Manager to commence commercialization activities immediately following the completion of SAU's proposed acquisition of IDT. The exclusive IP licenses and appointment of a General Manager position IDT to pursue engagement with battery manufacturers and battery precursor material manufacturers for technology trials and potential revenue generation opportunities.
WEST COBAR METALS LIMITED
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Matt Szwedzicki has been appointed as the Managing Director of West Cobar Metals Limited, taking over from David Pascoe. David Pascoe will change his role to Head of Exploration and Technical Services, focusing on advancing the company's rare earth, lithium, and copper assets. Kevin Das will revert to a Non-Executive Director position and continue supporting the company as a consultant.
AMERICAN WEST METALS LIMITED
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Thick and high-grade copper intervals over 5% Cu and a peak value of 8% Cu continue at the 4100N Zone in the Storm Copper Project, Canada. Copper mineralization remains open in all directions, showing the consistency and scale of high-grade near-surface copper mineralization. Drilling success at the 4100N Zone provides further encouragement for the potential of recently defined and exceptional exploration targets at depth.
LEGACY MINERALS HOLDINGS LIMITED
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For the first time, pentlandite (nickel-iron sulphide) has been identified at Fontenoy, along with associated copper sulphides and Platinum Group Elements. These findings highlight the prospectivity of the Fontenoy Project for Ni-Fe sulphide deposits, which are easier and cheaper to process than laterite-hosted nickel. Earth AI's artificial intelligence-driven exploration program will continue groundwork before planning drill testing for the identified Ni-Cu-PGE and Au-Cu targets.
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Norwegian Government launches Fast Track Mining Initiative for Critical Minerals to enhance security, sustainability, and reduce reliance on non-European supply chains. Strategy includes expedited extraction, geophysical mapping, environmental considerations, and a potential Norwegian state mineral fund for investment. Initiative aligns with and supports the European Commission's Critical Raw Materials Act and aims to strengthen cooperation with the EU and European countries.
ASKARI METALS LIMITED
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Recent exploration at Hillside Lithium Project identified potentially spodumene-bearing lithium hosted pegmatites Soil sampling and reconnaissance campaigns completed on all Australian-based lithium, gold and REE projects Field exploration and geophysical programs underway at Barrow Creek project targeting significant REE mineralization
WILDCAT RESOURCES LIMITED
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Wildcat secures 100% ownership of Pilgangoora North (E45/6155). Pilgangoora North is lithium prospective with historic tantalum workings and pegmatites. Wildcat plans to map and sample the entire tenement after receiving the license grant.
COHIBA MINERALS LIMITED
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51 additional samples were assayed following detailed re-logging of the drill core at Horse Well Prospect, but no anomalous copper metal values were identified despite visual chalcopyrite presence. The area remains a high prospectivity target with several components supporting proximity to an IOCG (Iron Oxide Copper Gold) system. Cohiba Minerals will continue to prioritize this area for future exploration, as the presence of disseminated copper mineralization suggests IOCG potential.
FUTURE BATTERY MINERALS LIMITED
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Remaining assay results from Phase 2 RC drilling at the Kangaroo Hills Lithium Project confirm the high-grade lithium potential at the Big Red Prospect, with new intercepts of fresh rock. New assay results uncover a lithium-bearing pegmatite at the Rocky Prospect, which remains open to the south and east, indicating further exploration potential. Funded Phase 3 drilling, with 4,000m of RC and diamond drilling, is set to commence, focusing on infilling the Big Red Prospect and testing regional targets at Rocky, Eastern Grey, Wallaroo, and Pademelon.
AVECHO BIOTECHNOLOGY LIMITED
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Avecho's TPM®-enhanced CBD soft-gel capsule reached a significant two-year stability milestone in ongoing trials, with CBD remaining at 99.5% of the original label claim. Two-year stability is crucial for future pharmaceutical TGA/FDA registration and supports a future two-year shelf life. No degradation of CBD was observed over time, and no additional cannabinoids were detected above the limit of quantitation.
ESTRELLA RESOURCES LIMITED
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Next-generation Target EM system to be deployed at Carr Boyd by Expert Geophysics, offering significant technology and sensitivity upgrades. World-first Audio-Frequency-Magnetic (AFMAG) time-domain data will improve depth and quality of investigation, potentially detecting drill targets over previous systems. 253km2 survey targets entire Carr Boyd internal and basal contacts and nearby Colreavy Komatiite, with Estrella hosting the first fully commercial deployment in July 2023.
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Echo IQ secures maiden sale of EchoSolvTM AI-backed SaaS technology in Gold Coast Private Hospital, its first sale in an Australian hospital. The deployment of EchoSolvTM follows a successful clinical study where it achieved higher detection rates of severe aortic stenosis than human-only diagnosis. Echo IQ's sales pipeline is building strongly in the US and Australia, with their AI technology expected to help drive better clinical decision-making across various healthcare settings.
ARGENICA THERAPEUTICS LIMITED
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ARG-007 significantly reduces brain cell damage, inflammation marker levels, and improves functional outcomes in a preclinical rat model of moderate traumatic brain injury. Protein levels and inflammation in treated animals were equivalent to non-injured animals, indicating protection against injury and inflammation. This study supports the potential of ARG-007 for further development in protecting brain cells and related behaviors after brain injury.
DART MINING NL
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First assay results from Phase 1 drilling confirm lithium mineralisation in the Dorchap Dyke Swarm under the A$12 million SQM earn-in agreement with Dart Mining. Initial data from 3 holes show peak results up to 0.81m @ 1.2% Li2O and 0.62m @ 1.6% Li2O, supporting the potential of multiple dykes in the region. Spodumene mineralisation identified in drill core samples is considered promising, with further assay results expected as they become available.
TALGA GROUP LTD
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Talga Group has received an environmental permit for its commercial battery anode plant in Luleå, Sweden. The granted execution order allows for the commencement of Refinery construction groundworks in Q3 2023. The permit approval follows the granting of building permits by Luleå Municipality earlier in the year.