Calima currently has acquired approximately 98% of TMK and 91 percent of TSV and expects to complete the twin offers before the end of July.
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Middle Island ends drilling campaign with discovery of fifth new gold deposit
Middle Island ends drilling campaign with discovery of fifth new gold deposit
Middle Island Resources Limited (ASX: MDI) has completed the first phase of its 2020 drilling campaign at the Sandstone gold project in the central gol ...
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Xantippe ready to step up to the next level with Phase 2 programme at Southern Cross
Xantippe ready to step up to the next level with Phase 2 programme at Southern Cross
Xantippe Resources Limited (ASX: XTC) is planning to use exploration techniques never before used at Southern Cross as it prepares to commence Phase 2 ...
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Metalicity commences high-grade Kookynie Gold drilling campaign
Metalicity commences high-grade Kookynie Gold drilling campaign
Metalicity Limited (ASX: MCT) has commenced a new drilling campaign at the Kookynie Gold Project near Leonora in Western Australia. The staged programm ...
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Matador increases Cape Ray Shear position by 50 per cent in Newfoundland
Matador increases Cape Ray Shear position by 50 per cent in Newfoundland
Matador Mining Limited (ASX: MZZ) has significantly expanded its Newfoundland exploration portfolio by staking an additional five mineral licenses at t ...
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Titan ready to test multiple porphyry targets at Copper Duke in Ecuador
Titan ready to test multiple porphyry targets at Copper Duke in Ecuador
Titan Minerals Limited (ASX: TTM) is preparing to undertake a significant exploration campaign activity including geophysics, trenching and drilling pr ...
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Red 5 expands Darlot Gold Mine position in WA
Red 5 expands Darlot Gold Mine position in WA
Red 5 Limited (ASX: RED) has exercised an Option to complete the acquisition of the Cables and Mission gold deposits, located approximately 10km north ...
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Artemis gets 1st Government Approval for Radio Hill
Artemis Resources’ Radio Hill processing plant continues to ramp up towards production with the first of three key approvals necessary to begin installation of the new 70-100 tph gold circuit being received. The company has now received DMIRS Project Management Plan (Safety approval) but is still waiting on DMIRS Mining Proposal (Environmental approval) – required […]
Artemis encouraged by super-deep hole results
ASD-1 has now been drilled to a depth of 943.5 metres as at 6am Western Standard Time this morning, progressing from a depth of 595 metres Tuesday last week.
Investor interest intensifies in Metalicity’s spin-out Kimberley Mining
Investors in Europe, Asia and Australia can now take part in Kimberley Mining’s seed capital raising with the upcoming Canadian-listed vehicle opening the doors to investors in these jurisdictions for subscriptions for up to a further C$1 million (A$1 million) in seed capital. The offer – for a total of C$3 million – has now […]
WestStar wins more BHP work
WestStar Industrial continues to secure work with tier 1 companies with its engineering and mining services contractor subsidiary SIMPEC awarded a second order with BHP Billiton Iron Ore. The contract covers work at its South Flank Iron Ore Mine, 130km northwest of Newman in Western Australia. Under the scope of the current order, SIMPEC will […]
Calima gains as engineers appointed for Montney drilling
Today’s news comes after Calima announced it was anticipating a A$72 billion uplift in infrastructure spending in the Montney Formation, tipped to dramatically increase local gas prices.
Calima to ride $72 billion infrastructure wave in the Montney
Calima Energy (ASX:CE1), one of Australia’s only companies to have a stake in Canada’s hottest energy province, The Montney Formation, is anticipating a A$72 billion uplift in infrastructure spending, tipped to dramatically increase local gas prices. Infrastructure spending on pipeline upgrades, expansions and new infrastructure, are expected to deliver more than 8 bcf per day […]
Interview with Artemis Resources Executive Director, Ed Mead
The Pick sits down with Artemis Resources (ASX:ARV) Executive Director, Ed Mead, to provide an update on ASD-1, the West Pilbara super-deep diamond drill hole.
WestStar gains on $1.8 million SIMPEC contracts
WestStar Industrial (ASX:WSI) has shot over 12 per cent higher today on the Australian bourse after its engineering contractor business SIMPEC won a $1.5 million contract extension at the Talison lithium mine – the world’s biggest lithium mine – in Greenbushes, Western Australia. SIMPEC received a significant contract scope extension from MSP Engineering – the […]
Maiden drilling underway for Galileo Mining
The Norseman project is highly prospective for the in-demand battery mineral and is located at the southern end of the prolific Norseman-Wiluna greenstone belt.
Artemis super-deep hole hits ~600m depth
Drilling of Artemis Resources (ASX: ARV) super-deep diamond drill hole is progressing with the diversified minerals explorer recently hitting a depth of around 600 metres at the hole. The +3.3km “super-deep” diamond drill hole (ASD-1) – which has a price tag of around A$1.4 million – is designed to test rock sequences in the Pilbara […]
Metalicity targets further Pilbara lithium discoveries
The lithium targets are a result of rock chip sampling and geological reconnaissance mapping of pegmatites, conducted during a recent field visit.
Interview with Calima Energy Managing Director, Alan Stein
The company boasts an impressive management team with the same core group of geologists that built Fusion Oil and Gas, as well as major producer Ophir Energy.
Dempsey wraps up Argentinian lithium acquisition
Dempsey Minerals has finalised its purchase of Hombre Muerto lithium project in Argentina and welcomed two new directors to the board. The company has acquired all the issued shares in the capital of Blue Sky Lithium which owns the Hombre Muerto project located in Catamarca Province, Argentina. The project lies within the South American Lithium […]
Artemis appoints CEO as it shifts to producer
Artemis’s Executive Chairman David Lenigas said Mr Bramwell had demonstrated abilities to both develop and manage projects as well as to communicate effectively with the wider market.
DDH1 wins “super deep” drill hole contract
Artemis Resources (ASX: ARV) is drilling a +3.3km “super-deep” diamond drill hole (ASD-1) – which has a price tag of around A$1.4 million – to test rock sequences in the Pilbara Basin from surface and deep into the basement’s geology.
Dempsey sees high potential for lithium brine in Argentina
The results from the gravity survey conducted by independent geophysical consultant Quantec Geoscience highlight the area contains materials of lower density compatible with a basin filled with sediments and a high proportion of fluids.
Metalicity charges into lithium
The company has identified two lithium target areas and a number of anomalies through geochemical sampling and geological evaluation at its wholly owned Greenbushes Northproject, located in Western Australia’s South West.
Artemis gets drilling super-deep hole
The +3.3km “super-deep” diamond drill hole (ASD-1) – which has a price tag of around A$1.4 million – is designed to test rock sequences in the Pilbara Basin from surface and deep into the basement’s geology.
Another contract win for innovative Indigenous JV NPJV
The highly successful joint venture between Njamal Services Pty Ltd and the Pilbara Resource Group Pty Ltd has won a competitive tender to supply and construct permanent onsite facilities for integrated services contractor, M ACA.
Interview with Galileo Mining Ltd MD Brad Underwood
Mark Creasy-backed, Galileo Mining is cashed up after its recent ASX listing and ready to hit the ground running at its cobalt projects in Western Australia.
Galileo Mining ramps up Norseman exploration work
A minimum 500 metres of diamond core will be drilled within the Norseman cobalt-nickel resource to provide over two tonnes of samples for metallurgical test work.
Metalicity forges ahead with battery metals hunt
After agreeing to offload its base metal projects into new TSX-V listing Kimberley Mining, Metalicity has now turned its focus to ramping up exploration for battery metals over its extensive and highly prospective landholding in WA.
Force offloads non-core base metal assets
Option agreements have been signed for the sale of the two Halls Peak zinc-lead-copper-silver tenements to private company XS Resources Ltd which is planning to list on the ASX.
Triton gives Ancuabe Graphite green light
The approved Final Investment Decision (FID) seeks to bring the project online which, according to a previously released Definitive Feasibility Study (DFS), is expected to produce 24.9 million tonnes of graphite at 6.2% Total Graphitic Carbon (TGC).
Artemis bolsters war chest with Novo share sale
The sale, announced earlier this month, is for the 4 million common shares Artemis holds in Novo at a price of C$5 per share to mid-tier Canadian gold producer Kirkland Lake Gold (ASX:KLA).
Barra awards contracts for Mt Thirsty PFS
AMEC Foster Wheeler Australia – a subsidiary of global leader in delivery of project, engineering and technical services Wood Group – has been awarded overall study engineer for the PFS while Snowden Mining Industry Consultants has been selected to consult the mining aspects of the study.
Pacton Gold bulks up Pilbara presence
Pacton will move to wholly own Friendly Creek – which is prospective for conglomerate-style gold – entering into a binding letter of intent with the vendors, private prospector Darren White and Gardner Mining, an Australian unlisted exploration company.
Mark Creasy-founded Galileo Mining debuts at a 90% premium
The cobalt explorer (ASX: GAL) began trading at 38c in morning trade, a 90% premium to its 20c issue price with 2.7 million shares changing hands by 12:30 pm AEST.
Metalicity’s zinc projects sale into TSX-V vehicle gets go-ahead
Metalicity’s plan to sell its portfolio of zinc projects into upcoming Canadian-listed vehicle Kimberley Mining has taken a step forward after the explorer agreed to the terms for the sale with investors welcoming the news. The ASX-listed explorer (ASX: MCT) is vending its Admiral Bay, Napier Range and Emanuel Range zinc projects into Kimberley Mining […]
Comet Well West paying dividends for Artemis
The stock climbed 1.5c, or 8%, to an intraday high of 21c after the explorer (ASX:ARV) reported gold extended from its Purdy’s Reward conglomerate gold project through Novo’s Comet Well project in to Artemis’ wholly-owned Comet West Well tenements.
Ausdrill and Barminco JV nets USD$211 million contract
The Siou development is owned by Canadian mining company SEMAFO, with underground mining expected to commence at site in the third quarter this year.
Creasy-backed Galileo to join ASX
The nickel-cobalt explorer is cashed-up as it joins the boards, recently completing a $15 million IPO which closed heavily oversubscribed.
The company issued 75 million shares at 20 cents per share, giving the miner an approximate market capitalisation of $24 million.
Centrex Metals commences paid pilot mining at Ardmore
Australian diversified explorer Centrex Metals’ (ASX:CXM) has commenced mining and crushing of two 400 tonne run of mine ore samples from its Ardmore Phosphate Rock Project (“Ardmore”), located south of Mt Isa in north-west Queensland, with the samples to be shipped to two customers in the region as paid trials for the production of single […]
Cobalt exploration underway for MetalsTech
As part of the exploration activates MetalsTech will also conduct a field mapping exercise, identifying target areas for further inspection – a critical precursor to a maiden drilling campaign.
Pacton Gold takes big land position in the Pilbara
The TSX-V listed gold explorer has entered into a binding letter of intent to acquire all of the shares in Drummond East which holds seven granted tenement licences comprising a total 1126 square kilometres of strategic conglomerate hosting exploration properties.
Myanmar Metals bulks up mineral resource
The project now contains a sizable Indicated and Inferred Mineral Resource of 82 million tonnes at 4.7% lead, 119 grams per tonne gold, 2.4% zinc and 0.2% Copper – up more than 5.1 million tonnes since its previous estimate disclosed in March this year.
Pacton got the backing to progress Pilbara project: Arrow Minerals
The TSX-V listed gold play has inked definitive agreements with Arrow to buy up to an 80% stake in Arrow’s wholly-owned subsidiary Arrow Pilbara which holds two exploration licences and two exploration licence applications over 609 square kilometres in the Pilbara region.
Cashed-up Artemis sells Novo shares to Kirkland Lake
Canadian mid-tier gold miner and Pilbara conglomerate gold devotee Kirkland Lake Gold has inked a share purchase agreement to acquire the 4 million shares Artemis holds in Novo, upping its stake in fellow Canadian gold play from ~23.1% to ~25.5% on a partially diluted basis.
Exceptional vanadium hits boost Pursuit
Investors welcomed the news with the stock (ASX:PUR) jumping as high as 14c, up 33%, in Thursday’s trade after nine drill holes from the Koitelainen V prospect produced magnetite concentrates with vanadium oxide values ranging from 2 – 3.7 per cent and average 2.3 per cent.
Gold giants pour into Pilbara, TSX-V listed Pacton Gold closes out C$5.5m raising supported by Sprott Capital Partners
As part of the capital injection, Pacton issued approximately 24 million shares at C$0.23 per share, as well as offering share warrants, which effectively act as option agreements with a three year term convertible at C$0.35.
Calima ventures into Namibian oil
The ASX-listed company has been awarded a petroleum agreement – which is for an initial four-year term – for a 56% stake and operatorship of offshore Block 2813B from the Namibian government.
Montezuma maps battery-grade manganese plan
The Butcherbird project, located in Western Australia’s Pilbara region, holds a massive mineral resource of 180.8 million tonnes at 10.8% manganese, which Montezuma believes is ripe for development.
Artemis braces for massive cash injection
The massive cash injection adds to Artemis Resources already hefty war chest, with the company announcing it held approximately $17.4 million in cash at the end of the March quarter.
Talga to spin out cobalt assets into new vehicle
The Sweden-headquartered subsidiary – to be named Talga Battery Metals AB – is part of a company restructure and will control Talga’s four highly prospective cobalt projects in northern Sweden.
Metalicity’s Admiral Bay TSX-V listing gains momentum, adds CEO
Admiral Bay will be vended into Kimberley Mining at a targeted valuation of A$30 million cash and shares after corporate structuring and shareholder approval.
Highly experienced geophysicist teams up with Cohiba Minerals
Mr Anderson – who has 35 years under his belt as a geophysicist in Australia and internationally – has been appointed as a geophysical consultant and brings significant technical expertise and direct working knowledge of specific mineralisation styles in the region.
Timing right for RIU Sydney Resources Roundup – Eastern Australia’s largest resources conference
Now in its 14th year The RIU Sydney Resources Roundup is widely regarded as the largest resources conference on the east coast of Australia, by number of companies presenting, and is only rivalled nationally by the Diggers and Dealers Conference in Kalgoorlie.
Dempsey kicks off geophysics over Argentinian lithium project
The ASX-listed explorer has begun gravity and CSAMT surveys at the project – which lies in the Catamarca Province – with the objective of defining the geometry and depth to basement of the salar and Los Patos channel, as well as map resistivity contrasts to help identify potential lithium-bearing brine aquifers.
Seismic shift for mining services company HiSeis as new major shareholder group comes on board
In a deal that will is hoped to provide a catalyst for the international expansion plans of mining services company HiSeis Pty Ltd, a majority shareholding of the founding shareholders, including Curtin University, has been sold to a syndicate of investors represented by Azure Capital Ltd and Sternship Advisors. The incoming investors include a group […]
