THE DRILL SERGEANT: Lithium Energy (ASX: LEL) reported assay results from Reverse Circulation (RC) drilling undertaken on the company’s 100 per cent-owned Burke graphite project in Queensland. Lithium Energy claimed the drilling had confirmed the Burke graphite project as one of the highest-grade graphite deposits globally. The company’s enthusiasm stems from first assay results received […]
COMMODITY CAPERS: Advisory and Accounting Firm, HLB Mann Judd released its annual IPO Watch Report this week, answering many questions while providing plenty of room for more. If we get into the nuts and bolts of the report first up, we learn that 87 companies listed on the Australian Securities Exchange (ASX) in 2022. Not […]
THE DRILL SERGEANT: Miramar Resources (ASX: M2R) has presented an initial gold Exploration Target at the company’s 80 per cent-owned Gidji Joint Venture project in the Eastern Goldfields of Western Australia. Miramar Resources has estimated an initial shallow gold Exploration Target of 1.3 to 3.1 million tonnes, at a grade of 1.2 – 1.5 grams […]
THE DRILL SERGEANT: AuTECO Minerals (ASX: AUT) has received firm commitments from institutional, sophisticated and professional investors to raise approximately $9 million. The cash arrives through a placement of 180 million fully paid ordinary shares at an issue price of five cents. Proceeds will be spent to fast-track seasonal exploration work focused on targeting new […]
THE DRILL SERGEANT: Legend Mining (ASX: LEG) announced a maiden Mineral Resource Estimate (MRE) for the Mawson deposit within the company’s Rockford project in the Fraser Range of Western Australia. The MRE has come in at 1.45 Million tonnes at 1.14 per cent nickel, 0.74 per cent copper, and 0.07 per cent cobalt (1.2% nickel […]
THE DRILL SERGEANT: Killi Resources (ASX: KLI) reported elevated yttrium values from a soil program, claiming they indicate close proximity to a rare earth mineral system at the company’s West Tanami project in the Kimberley region of Western Australia. Killi Resources completed a broad soil program across regional trends it considers potentially prospective for hydrothermal […]
THE DRILL SERGEANT: Elementos (ASX: ELT) has hit further tin mineralisation zones at the company’s Oropesa tin project in Spain. Elementos made the call after receiving assay results from the final infill drill hole from its 2022 Mineral Resource upgrade drilling program that was undertaken to upgrade the remaining Inferred Mineral Resources that sit within […]
THE BOURSE WHISPERER: Dreadnought Resources (ASX: DRE) has raised $20 million to advance the company’s Rare Earth Element (REE) project in Western Australia. Dreadnought Resources said the funds will be spent on accelerating drilling activities at the company’s 100 per cent-owned Mangaroon REE project where the range and scale of minerals have seen Mangaroon emerge […]
THE DRILL SERGENT: Lithium Energy (ASX: LEL) announced an encounter with new intersections of conductive brines at the company’s Solaroz lithium brine project in Argentina. Lithium Energy said reported intersections of highly conductive brines have been encountered at depth in both current diamond drill holes SOZDD002 and SOZDD003 in the northern central section of the […]
THE DRILL SERGEANT: Global Lithium Resources (ASX: GL1) reported receipt of further assay data from the company’s 100 per cent-owned Manna lithium project, located 100km east of Kalgoorlie in Western Australia. Results from the latest RC and Diamond results include: MRC0126 17 metres at 1.6 per cent lithium oxide (Li2O) from 114m; MRC0108 15m at […]
