Warriedar Resources (ASX: WA8) managing director Amanda Buckingham at RIU Explorers Conference 2024
Wally Graham gets a quick update on Warriedar Resources (ASX: WA8) from managing director Amanda Buckingham at RIU Explorers Conference 2024
Sunshine Metals (ASX: SHN) managing director Damien Keys at RIU Explorers Conference 2024
Sunshine Metals (ASX: SHN) managing director Damien Keys flew across from Queensland to catch up with Wally Graham at the 2024 RIU Explorers Conference in Fremantle
Reach Resources (ASX: RR1) CEO Jeremy Bower at RIU Explorers Conference 2024
Reach Resources (ASX: RR1) CEO Jeremy Bower gets down to rare earth tacks with Wally Graham while at the 2024 RIU Explorers Conference
Josh Conner of Golden Horse Minerals (TSXv: GHML) at RIU Explorers Conference 2024
Josh Conner of Golden Horse Minerals (TSXv: GHML) explains the company’s ASX ambitions to Wally Graham while attending the 2024 RIU Explorers Conference in Fremantle.
Great Southern Mining (ASX: GSN) managing director Matthew Keane at RIU Explorers Conference 2024
Great Southern Mining (ASX: GSN) managing director Matthew Keane keeps the gold faith when speaking with Wally Graham at the 2024 RIU Explorers Conference
Chariot Corporation (ASX: CC9) corporate development manager Nathan Kong at RIU Explorers Conference 2024
Chariot Corporation (ASX: CC9) corporate development manager Nathan Kong conducts the company’s first encounter with Wally Graham at the 2024 RIU Explorers Conference
Petratherm (ASX: PTR) CEO Peter Reid at RIU Explorers Conference 2024
Wally Graham learns the lofty ambitions of Petratherm (ASX: PTR) from CEO Peter Reid at the 2024 RIU Explorers Conference.
iTech Minerals Expands Critical Minerals Portfolio
THE BOURSE WHISPERER: iTech Minerals (ASX: ITM) has inked two binding Tenement sale and Purchase Agreements (SPA) with Prodigy Gold (ASX: PRX).
The deal will result in iTech Minerals acquiring 100 per cent of Prodigy Gold’s interest in three tenements in the Reynolds Range area of the Northern Territory
The tenements will be held by iTech Minerals wholly owned subsidiary iTech Energy Pty Ltd.
The company believes the acquisition fits neatly into its portfolio of critical minerals projects.
Previous exploration on the tenements has focussed on copper, gold and silver, but iTech has signalled its intent to also focus on REE and lithium mineralisation.
“The acquisition of these highly prospective tenements in the mining friendly Northern Territory, boosts iTech’s exposure to copper, gold, REE and lithium prospectivity at a time when the exploration team is handing over the Lacroma Central resource data to our independent consultants in preparation for the maiden mineral resource estimation,” iTech Minerals managing director Mike Schwarz said in the company’s ASX announcement.
“Our exploration team plans to build on the excellent exploration work already undertaken by Prodigy Gold, to quickly generate new critical minerals targets within the Reynolds Range project.”
The Reynolds Range project consists of three Exploration Licenses of which Prodigy Gold holds 100 per cent of two licences and 80 per cent of another, the 20 per ent of this license is owned by Select Resources.
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
American Rare Earths Raises $13.5M to Advance Halleck Creek Project
THE BOURSE WHISPERER: American Rare Earths (ASX: ARR) reported receipt of firm commitments via an institutional placement to raise $13.5 million.
American Rare Earths raised the cash by way of a placement to existing shareholders and new institutional investors of 45 million new fully paid ordinary shares at an issue price of 30 cents per share.
The funds have been earmarked to continue development of the company’s Halleck Creek rare earths project in Wyoming, USA.
Work will entail mineral resource and extensional drilling, PFS, metallurgical test work and process development, heritage / permitting / environmental activities.
“I am thrilled to announce the successful completion of our institutional placement, which has raised $13.5 million,” American Rare Earths CEO Donald Swartz said in the company’s ASX announcement.
“The overwhelming support from both existing shareholders and new institutional investors underscores the confidence in our vision and the potential of our projects in particular the Halleck Creek rare earth project.
“This Placement provides us with the capital to advance our flagship project, Halleck Creek, towards delivering a secure supply of critical minerals to the North American supply chain.
“We are committed to executing on our project development milestones and are grateful for the support that enables us to further our mission.
“With a focus on environmentally friendly and cost-effective extraction methods, we are well set to meet the escalating demand for resources essential to the clean energy transition and US national security.
“This milestone marks a pivotal moment in our journey, and we are excited for the opportunities that lie ahead as we continue to drive value for our shareholders and stakeholders alike.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
Sierra Nevada Gold Hits Shallow High-Grade Gold at Warrior Project
THE DRILL SERGEANT: Sierra Nevada Gold (ASX: SNX) reported results from recent drilling undertaken at the company’s Warrior gold project in central Nevada, USA.
Sierra Nevada Gold completed 12 reverse circulation (RC) holes at the historic Warrior Mine in December 2023, from which it has received positive results.
The company explained the drilling focused on testing the upper portions of the Warrior Mine at both Gold Coin and Discovery Shaft areas as well as testing a southern vein system first encountered in earlier drilling immediately south of the Warrior Mine workings.
Latest results include:
WARC022
20.73 metres at 2.13 grams per tonne gold from 62.2m, including 10.97m at 3.76g/t gold from 63.4m (Warrior South);
WARC013
4.88m at 5.49g/t gold from 8.5m (Gold Coin);
WARC019
10.97m at 1.80g/t gold from 40.2m (Warrior);
WARC014
7.32m at 1.73g/t gold from 25.6m (Gold Coin); and
WARC015
8.53m at 1.64g/t gold from 6.1m (Gold Coin).
“Our results have identified potential for a fully preserved epithermal vein system below the outcropping and previously mined high-grade veins at the Warrior Mine,” Sierra Nevada Gold executive chairman Peter Moore said in the company’s ASX announcement.
“Identifying this well distributed second system beneath the entire Warrior Mine is very encouraging and increases the search space for high-grade epithermal veins within the immediate Warrior Mine area.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE