MarketOpen

Torque Metals (ASX:TOR) has announced a Mineral Resource Estimate (MRE) of 250,000 ounces at 3.1g/t gold, with 152,000 ounces at 4.3g/t from the Paris deposit. Located in the prolific West Australian Goldfields, this shallow, high-recovery resource shows strong potential for open-pit mining and significant expansion through ongoing exploration. Key Highlights ⛏ 250,000 ounces @ 3.1g/t gold, including 152,000 ounces @ 4.3g/t from the Paris deposit. ⛏ 96% gold recovery rate, supporting low-cost, efficient mining. ⛏ Expansion opportunities across Torque’s 350km² greenstone belt. As Torque Metals Managing Director Cristian Moreno stated, “The Paris MRE — currently focused on only 2.5km² — has significant expansion opportunities, with gold already identified both outside and next to the MRE area.” The Paris Gold Project is positioned to be a game-changer in the gold exploration space. Tony Lofthouse Imants Kins #GoldExploration #Mining #ASX #TorqueMetals #GoldFields #InvestmentOpportunities #OpenPitMining #MineralResources

Invion Limited (ASX:IVX) innovative INV043 therapy has shown promising results in a Phase II clinical trial for prostate cancer, offering a potential alternative to conventional treatments. With a strong safety profile and 40% positive response rate, INV043 could provide a safer path forward for patients. Key highlights: 💊 40% of patients showed a positive response, with 10% achieving complete regression. 💊 44% of patients had negative PSMA-PET results three months post-treatment. 💊 No serious adverse events reported. Thian Chew, Executive Chair and CEO, commented: “These results show that INV043 can be safely administered and activated with light to treat prostate cancer, without the devastating side effects associated with conventional treatments.” Alan Yamashita Alistair Bennallack Melanie Leydin CA FGIA #ProstateCancer #CancerTreatment #Biotech #MedicalInnovation #INV043 #ClinicalTrials #ASX

Sky Metals Limited (ASX:SKY) has achieved outstanding results from the latest TOMRA ore sorting testwork at the Tallebung Tin Project in NSW. Key Highlights: ✅ 44x upgrade in tin concentration, with recovery reaching 83% from only 1.9% of the total mass. ✅ Significant Capex and Opex reductions thanks to the efficiency of the ore sorting process. ✅ Smaller environmental footprint with lower water and power usage, plus reduced waste emplacement. Sky Metals CEO, Oliver Davies, shared, “Tallebung has once again shown that it is an ideal deposit for ore sorting and has exceptional potential for low-cost tin production." With these results, Sky Metals Limited is paving the way for low-cost, high-grade tin production, further optimising the project’s value. #MiningInnovation #TinProject #SustainableMining #ASX #ResourceDevelopment #SkyMetals

Astral Resources (ASX:AAR) has delivered outstanding metallurgical results at the Mandilla Gold Project in WA, further de-risking the project and reaffirming its strong potential. Key Highlights: 💥 Gold recoveries of up to 99.5% across key deposits (Hestia, Eos, and Iris) 💥 Low cyanide consumption and coarse grind size efficiency, promising reduced processing costs 💥 Ongoing exploration at Feysville with early signs of further resource expansion Marc Ducler, Managing Director, said: “The exceptional metallurgical results for Hestia, Eos, and Iris continue to highlight the outstanding metallurgical characteristics of the Mandilla Gold Project. These results will positively impact the metrics and economics of the Mandilla Gold Project Pre-Feasibility Study, expected to be completed in the June quarter of 2025.” Mark Connelly Brendon Morton Peter Stern David Varcoe Justin Osborne #Mining #Gold #AstralResources #MandillaGoldProject #Metallurgy #ResourceExploration #AustralianMining #ASX

Panther Metals Ltd (ASX:PNT) has commenced a 7,000-metre drilling program targeting 10 high-priority gold prospects at the Laverton Gold Project. Key Highlights: ✅ Burtville East identified as the first priority target ✅ Previous results include 1m @ 478g/t gold from the 2022 campaign ✅ Close proximity to multiple processing plants, including Brightstar’s Beta Mill ✅ All drilling targets are on granted tenure, ensuring continuous operations “We are set to embark on a comprehensive drilling campaign targeting ten promising gold prospects,” said Panther Metals Managing Director Daniel Tuffin. Kerim Sener Ranko Matic #GoldExploration #Mining #ASX #PantherMetals #LavertonGold

Maximus Resources Limited (ASX:MXR) has released exciting results from its second-phase drilling program at the Wattle Dam Gold Mine, 25km from Kambalda, Western Australia. The program targeted a potential structural offset of the high-grade gold mineralisation, yielding promising findings that support further exploration. Key highlights include: 🥇 1m @ 8.05 g/t Au within a broader zone of 6m @ 0.12 g/t Au (WDNRC009) 🥇 1m @ 4.57 g/t Au within a broader zone of 6m @ 0.34 g/t Au (WDNRC005) Maximus’ Managing Director, Tim Wither, commented: “These latest results strengthen our geological model, narrowing our search area for future drill programs, and confirm the fertility of the western side of the regional Spargoville shear zone.” Follow-up drilling is planned for late 2024, and with promising results and innovative sampling techniques, the future of Wattle Dam looks bright. Gregor Bennett Brayden Sprigg Dos Santos Rajita Alwis #GoldExploration #MiningNews #ASX #MaximusResources #WattleDam

Altech Batteries Limited (ASX:ATC) has achieved a major milestone, signing its first Offtake Letter of Intent (LOI) with the Zweckverband Industriepark Schwarze Pumpe (ZISP). This partnership marks the beginning of a green energy transformation in Germany's Lusatia region, replacing coal with renewable energy storage solutions. Key Highlights: 🔋 ZISP to purchase 30MWh of 1MWh CERENERGY® GridPacks annually for the first five years 🔋 Transitioning Schwarze Pumpe Industrial Park from coal to renewable energy 🔋 First delivery expected by mid-2027 Altech Batteries Limited Managing Director Iggy Tan said: “This Letter of Intent marks a significant milestone for Altech Batteries as it represents our first offtake agreement for the CERENERGY® GridPack Battery Energy Storage System. The interest shown by ZISP is a clear signal of growing demand for innovative energy storage solutions.” Martin Stein #RenewableEnergy #BatteryStorage #EnergyTransition #CleanTech #ASX

Battery Age Minerals (ASX: BM8) has announced outstanding assay results from its Falcon Lake Lithium Project in Ontario, Canada. The company’s 2024 summer drilling program revealed impressive lithium intercepts, including 28.25 meters at 1.30% Li2O and 18.40 meters at 1.88% Li2O, expanding the mineralised zones across a 5-kilometre corridor. Robert Martin Nigel Broomham Kelly-Jo Fry David Pevcic Paul Hughes Stewart Walters Holly Walters #Lithium #Mining #BatteryMetals #SustainableEnergy #ElectricVehicles #ASX #BM8

GTI Energy Ltd (ASX:GTR) latest drilling at the Lo Herma ISR Uranium Project in Wyoming extends mineralisation by 2km. Key intercepts, including 6ft at 0.123% eU₃O₈, signal strong progress toward upgrading their uranium resource. Bruce Lane James (Jim) Baughman Petar Tomasevic Stewart Walters #Uranium #Mining #Energy #ISR #LoHerma #GTIEnergy #GTR

The team at MarketOpen welcome Australian Oil Company Limited to the stable and look forward to working closely with Kane Marshall on this new exciting journey for the company. Australian Oil is an Australian-based energy company focused on under-explored, recently over-looked, world class oil and gas opportunities near under-supplied markets.  The Company is currently focussed on conventional oil and gas exploration and production in the Sacramento Basin in California. Australian Oil has a portfolio of natural gas and oil producing wells in addition to prospects and discoveries at various exploration and appraisal stages.  #AOK is in the process of evaluating the acquisition of oil and gas producing and exploration assets to enhance the Company’s strategic needs and deliver shareholder value. Stewart Walters Holly Walters Riley Maring #AustralianOilCo #AOK #Oil #Gas #Energy