THE CONFERENCE CALLER: The Resources Roadhouse is returning to Kalgoorlie to mount a new production of its annual Steak Sandwich Showdown.
The Roadhouse has put together a solid program of junior companies that are chomping at the bit to present to our loyal audience.
Terrain Minerals (ASX: TMX)
Terrain Minerals has developed a taste for gallium, not the Sméagol of Lord of the Rings fame, but a relatively unknown though much sought after soft, silvery metal that lends itself to use in optics, electronics, and nuclear engineering due to its non-toxicity and resistance to neutron radiation and beta decay.
Gallium also provides a critical component in multiple steps of the manufacturing process for computer chips and other electronic devices including photovoltaics.
At the company’s 100 per cent-owned Larin’s Lane project in Western Australia, recent drilling encountered intersections of gallium up to 64m wide and with multiple higher-grade zones across a strike of six kilometres that remains open.
Terrain has indicated it intends to continue to advance the gallium potential at Larin’s Lane while undertaking parallel REE exploration at its Lort River projects.
Lincoln Minerals (ASX: LML)
Lincoln Minerals shines its spotlight on development of the company’s Kookaburra graphite project in South Australia.
The company claims Kookaburra to b the second largest known graphite resource on South Australia’s Eyre Peninsula and considers it to have potential to contribute graphite products to the growing demand for batteries and battery storage facilities.
Kookaburra hosts Measured, Indicated and Inferred Resources of 12.8 million tonnes at 7.6 per cent total graphitic carbon (TGC).
An independent review of previous metallurgical test work confirmed graphite from Kookaburra to be ideal for use as a feedstock for high quality battery anode material to serve the fast-growing global EV markets.
Lincoln read the study results to confirm existing data being sufficient to commence a Pre-Feasibility Study for the project targeting production of graphite concentrate.
Westar Resources (ASX: WSR)
Westar Resources’ mantra is straight forward: a mineral exploration company focused on discovery of high-quality gold and critical metals deposits.
The company’s portfolio is spread far and wide throughout Western Australia with a recently acquired graphite project in South Australia added to the mix.
The company’s stated exploration strategy is to explore projects systematically and intelligently using innovation, technology, and best-practice with a clear focus on optimising opportunities for success and generating material discoveries.
Warriedar Resources (ASX: WA8)
Warriedar Resources is making progress with reverse circulation (RC) and diamond drilling activities at the company’s Golden Range project in the Murchison region of Western Australia.
Warriedar Resources’ diamond drilling is the first undertaken at the 2.3km-long Ricciardo deposit, and the nearby M1 deposit, by any operator in ten years.
Recent drilling at M1 produced results better than what the company expected raising the company’s expectations for the deposit, which is in the gun for further drilling in H2 2024.
Warriedar’s war chest received a boost with the company signing a binding agreement for the sale of its residual Golden Range camp assets to Fenix Resources for cash consideration of $2 million.
Red Metals (ASX: RDM)
All the noise emanating from Red Metal in recent times has centred around the company’s Sybella rare earth project near Mt Isa.
Red Metal recently announced results of a proof-of-concept impurity removal trial on the Sybella rare earth ore that resulted in precipitation of a potentially saleable mixed rare earth carbonate (MREC) product.
Tests revealed 48.7 per cent of the MREC product is comprised of total rare earth oxides (TREO).
The point of difference for the Sybella ore is the magnet rare earth oxide (MREO) proportion of the TRE0 at 39.5 per cent.
This high proportion holds some significance because MREOs represent 92.5 per cent of the value of TREO elements in the product.
Drilling, metallurgical and comminution studies to date have raised Red Metal’s confidence that a low-cost, low-capital, heap leach processing option may prove feasible.
Mt Malcolm Mines (ASX: M2M)
Mt Malcolm Mines recently conducted a program of grade control reverse circulation (RC) drilling leading to the commencement of bulk sampling as well as an ore processing study at the company’s Golden Crown prospect in Western Australia.
The company received a boost in confidence form the grade control drilling results for bulk sampling and the overall mineralisation at Golden Crown.
Besides confirming high-grade mineralisation within the sampling area, the drilling campaign also provided valuable insights into grade distribution delivering results mt Malcolm considers crucial for delineating the bulk sampling grade and assisting in planning for future drilling.
Cazaly Resources (ASX: CAZ)
Cazaly Resources holds a diverse portfolio of projects spread across the globe in Australia, Namibia, and Canada.
Most news of late has come from its Canadian division where it has the Sundown lithium project sitting in a sought-after neighbourhood of the world-class James Bay lithium province.
Its other Canadian foray is the Carb Lake rare earth element (REE) project in the Red Lake District of Ontario, Canada, another well-known mining province.
Cazaly has received government approval, which included consultation with First Nations, for a proposed drill program to test niobium and REE mineralisation at the large-scale Carb Lake carbonatite complex.
Burley Minerals (ASX: BUR)
Burley Minerals has a portfolio of Western Australia iron projects.
The first of these is the 100 per cent-owned Broad Flat Well CID (Channel Iron Deposit) project.
The company is working with the Yindjibarndi Aboriginal Corporation to complete heritage surveys at Broad Flat Well as well as the Yindjibarndi Nation’s majority owned construction contractor, Yurra Pty Ltd, to facilitate earthworks for the heritage surveys and ensuing drilling program anticipated to be carried out in Q3 2024.
Elsewhere the company has the Cane Bore CID project near Onslow and the Yerecoin iron project not far to the north of Perth that hosts a JORC 2012-compliant Inferred and Indicated Mineral Resource of 246.7 million tonnes capable of producing a concentrate at greater than 68 per cent iron.
Burley Minerals also has lithium projects in Canada.