Sheffield Resources has announced the discovery of four new mineral sands prospects from first-pass aircore drilling at the company's Eneabba Mineral Sands Project in Western Australia. With High value rutile and zircon mineral grading up to 36%. Sheffield's Managing Director Bruce McQuitty said "We are confident the region will yield further [...]
Thomson Resources is pleased to announce positive results from its ground EM follow up of the Wilga Downs VTEM anomaly on EL 8136 near Byrock, NSW (see TMZ ASX release dated 17 September 2014). Highlights: - Ground EM follow up of an airborne VTEM anomaly generates a robust conductor. - Modelling generates a steeply dipping conductor not tested [...]
Valence Industries is pleased to announce that it has signed a binding three year multi-product graphite sales contract with a new customer. Highlights: - Multi-year, multi-product Sales Contract signed with major customer - Flake graphite sales in excess of US$50M over three years - Key step in meeting conditions for initial syndicated finance [...]
Coventry Resources announced that thick semi-massive to massive sulphide mineralisation, comprising predominantly chalcopyrite (copper-sulphide) and pyrite, has been intersected in all five diamond core drill holes completed to date at the highly prospective high-grade Caribou Dome Copper Project in Alaska, USA, with exceptional drilling results [...]
Pacifico Minerals is pleased to provide its activities report for the June 2015 quarter. Highlights COLOMBIA Berrio Project - Gold - Soil sampling program over mineralised faulted contact identifies +1km long gold in soil anomaly which remains open to the south - Underground channel sampling program completed and demonstrates that mineralisation [...]
Peak Resources advised that drilling operations have commenced at the Ngualla Rare Earth Project in Tanzania. Peak's Managing Director Darren Townsend commented: "Peak is pleased with the solid progress being made with the development work programs that support the Bankable Feasibility Study and work towards establishing Ngualla as a low cost [...]
Rum Jungle Resources is pleased to announce that it has received some outstanding results from visually-selected outcrop samples of its Dingo Hole Silica Project. The project covers approximately 117 hectares of silica outcrop within wholly owned EL 30659, EL 30819 and ELA 30792 tenements. The silica outcrops are located 10 km from the Ammaroo [...]
KBL Mining is pleased to announce that APP Securities Sydney has secured a placement of A$3 million from institutional and high net worth investors. Lanstead Capital, a UK institutional investor, provided a cornerstone investment taking up A$2.5 million of the placement. The funds raised by this issue are for working capital and to advance infill [...]
Australian tungsten developer Vital Metals advises that its strategic partner in the Watershed Tungsten Project in North Queensland, the Japan Oil, Gas and Metals National Corporation (JOGMEC), has formally commenced a tender process to secure a long-term partner for the project. Under its investment mandate, JOGMEC which holds a 30% interest in [...]
Pacifico Minerals is pleased to announce that Argonaut Securities has released an updated research note on the Company. Pacifico Minerals (PMY) intersected copper mineralisation at its Borroloola West Project in the Northern Territory (earning 80% from Sandfire Resources. The program tested a sparsely drilled target, confirming the geological [...]
ABM Resources is pleased to announce an update on the commissioning of the Old Pirate Gold Mine and the associated infrastructure at the Coyote Processing Plant. Progress from the commissioning of the Coyote Processing Plant - 10,000 tonne principally low and medium grade test processing parcel complete. - Plant operational at 600 tonnes per day [...]
Neometals and Mineral Resources have together announced that their jointly owned subsidiary, Reed Industrial Minerals Pty Ltd has entered into a conditional Memorandum of Understanding with China's second largest lithium producer Jiangxi Ganfeng Lithium. The agreement includes Jiangxi taking 100% offtake from the Mt Marion Lithium Project, netting [...]