Stockhead » Mining
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Stockhead » Mining
2h ago
As a part of its global expansion strategy to address the rapidly growing European demand for critical raw materials, European Lithium Ltd enters into binding agreement with UK-based Technology Metals plc to acquire Leinster Lithium Project using CRML shares for the transaction.
Technology Metals plc owns 100% of LRH Resources, that holds the rights, title, and interest in the Leinster lithium project.
An initial exploration program covering 23 prospecting licenses of ca. 761 km2, highlighted 24 intervals of lithium bearing spodumene pegmatites with grades of up to 2.57% Li2
Special R ..read more
Stockhead » Mining
3h ago
Horseshoe Metals accelerating drive to DSO operations at Horseshoe Lights copper project
Move will bring the company closer to early cash flow
Copper surface material being considered for DSO operations
Special Report: The prospect of early cash flow from its Horseshoe Lights copper project in WA has prompted Horseshoe Metals to accelerate plans to start direct shipping ore sales from existing high-grade stockpiles.
Horseshoe Lights is the original copper-gold VMS discovery in Bryah Basin and sits about 60km west of the third party DeGrussa copper mine.
Notably for Horseshoe Metals (A ..read more
Stockhead » Mining
3h ago
Augustus Minerals rises on news of ~18% copper rock chips at Tiberius target in WA’s Gascoyne
Orion Minerals runs for second straight day on copper magic in South Africa
James Bay Minerals, Rincon Resources, Chilwa Minerals among top ressie performers
Here are the biggest small cap resources winners in early trade, Tuesday April 23.
Augustus Minerals (ASX:AUG)
Floating around last year’s Noosa mining conference on the Sunshine Coast and one relatively obscure name was on the lips of a swag of brokers.
That was helped, of course, by the fact Noosa’s presenting partner Morgans did the c ..read more
Stockhead » Mining
3h ago
Stockhead’s Ashtyn Hiron sits down with Western Yilgarn (ASX:WYX) General Manager Gavin Rutherford to get the short end of the long story on the company’s latest news.
Western Yilgarn recently inked a new Boodanoo exploration licence lease.
Boodanoo Northeast – contains an exciting ~2km long gold in soil target, trending north directly into a nugget field held by others under a prospecting licence.
Tune in to hear Western Yilgarn’s Gavin Rutherford on what comes next for the company.
The post Long Shortz with Western Yilgarn: Hitting the ground running at Boodanoo appeared first on Stockhead ..read more
Stockhead » Mining
3h ago
Field mapping work across the Miriam project has discovered 11 pegmatites which require follow up exploration
Additional sampling of the known spodumene-bearing outcrop has generated a 2% Li2O rock chip assay
Discovery of additional spodumene-bearing pegmatite delivered 1.23% Li2O rock chip assay
Maiden lithium drilling is set to begin in the September quarter, following completion of transaction
Special Report: Recent field mapping across the southern area of Future Battery Minerals’ Miriam project has set the stage for future exploration success with the identification of 11 outcrop ..read more
Stockhead » Mining
3h ago
Leeuwin Metals plans out drilling to test multiple spodumene pegmatites at Cross Lake
Channel sampling had outlined a 4.7km LCT mineralised trend, with assays up to 4.31% Li2O
Review underway with Glencore to assess high-grade nickel and PGE at the William Lake project
In Western Australia, applications have been made for additional tenure in the Gascoyne, Pilbara and other areas
Special Report: Leeuwin Metals is positioning itself to launch a significant drilling campaign to test multiple high-grade spodumene-bearing pegmatites at its Cross Lake project in Canada’s Manitoba province ..read more
Stockhead » Mining
4h ago
Diamond drilling has commenced for 2,000m at Lana Corina
Exploration has mapped out a potential >3km mineralised corridor
High-grade areas of identified copper and molybdenum to be followed up
Special Report: A diamond drill rig is spinning at Culpeo Minerals’ Lana Corina Project within Chile’s renowned coastal copper belt with an aim to extend broad zones of identified high-grade copper and molybdenum mineralisation.
Chile, the world’s largest copper producer, has a vast network of infrastructure, access to global markets and a skilled labour force which makes exploration and deve ..read more
Stockhead » Mining
10h ago
FMG has its fingers scattered in exploration plays all over the world
The company also has interests in projects held by different companies
Most of these are in the critical minerals space such as lithium and nickel
While the old trope of junior explorers following in the footsteps of their larger, more established compatriots is very much a thing, the reverse is also true.
Often, small-cap players are the trailblazers into the frontier, chasing up a hunch or following up on previous exploration that was abandoned because it wasn’t lucrative enough or because the operator had bigger ..read more
Stockhead » Mining
10h ago
Want to know how March quarter reporting season could unfold BEFORE the reports come out? Look no further.
It’s not just the big boys worth watching in this reporting season, with a host of smaller players on the cards over the next week.
With around seven days to go (and the ANZAC Day public holiday wedged in between) which of the more obscure producers are on the radar of Canaccord’s resources analysts?
Metals X (ASX:MLX)
Reporting Date: TBA
Market Cap: $450m
What the experts say
Canaccord Genuity has picked out Metals X as the best performing miner of the March quarter, seeing a 22 ..read more
Stockhead » Mining
22h ago
South32 runs higher as it maintains guidance, but it faces a long and expensive clean up job at GEMCO
Ramelius ups gold guidance, plans to have $500m+ cash pile by June 30
Base pivot on monazite draws premium rare earths takeover
South32 (ASX:S32) shares charged 6% higher despite revealing it will take a year to resume sales from a high grade manganese mine in the Northern Territory hammered by Tropical Cyclone Megan last month.
The wharf outage at the Groote Eylandt manganese operation, known as GEMCO, could take until the March quarter of 2025 to resolve, with S32 pulling its ..read more