Adavale Resources’ Post

We've expanded our portfolio by acquiring the Waterlander Project (E80/6046) in Western Australia's West Arunta region, adjacent to WA1 Resources Ltd's major Luni #niobium discovery. The region is known for its potential in niobium and rare earth elements. We aim to conduct ground gravity and geophysical surveys to identify drill targets related to magnetic features once the licence is granted. Additionally, detailed magnetic surveys will assist in mapping the concealed basement lithology. While the development of the Salta Lithium Project in Argentina remains our primary focus, the acquisition of Waterlander represents a strategic step in expanding our REE and niobium footprint, which includes the high-grade Dickson Well prospect in South Australia which returned a screened value of 14,152ppm (1.4%) TREO. Managing Director Mena Habib said, “The addition of the Waterlander Project is an exciting opportunity for Power to secure an early entry to an emerging world-class niobium province and complements the excellent REE results achieved from drilling at our Eyre Peninsula Project. Niobium is a key critical metal, and we look forward to commencing exploration and appraisal at the Project to gain a full understanding of the geological setting, so we can unlock its full value proposition.” Read the full ASX Announcement here: https://lnkd.in/gMqjQcEF #PNN #PowerMinerals #REE #rareearths #miningnews

Bluelake Mineral’s Norwegian subsidiary Joma Gruver AS has applied for an exploitation concession (Norwegian utvinningsrett) for the mineralization in Gjersvik, for which the company currently holds an exploration permit. According to an assessment from 1998, Gjersvik contains mineral resources of approx. 21,000 tons of reserves and approx. 931,000 tons of known and indicated mineral resources with grades of 1.51% Cu and 1.21% Zn (estimated under the Australian JORC Code). Gjersvik will thus be able to constitute an important satellite project to the Joma mine with the possibility of extending the life of mine with up to two years. The Joma project is moving ahead. #copper #zinc #cobalt #mineralbatteries

The most significant intersections of lithium mineralisation were achieved by MRC08, MRC11 and MRC15. Map shows Cross-section CD of drill-hole MRC08. #ASX #Lithium #caesium #tantalum #pegmatites #exploration #angola $TYX #TYX

Matthew Gordon from Crux Investor conducts an informative 23-minute interview with Pan Global Resources Inc. (TSX.V: PGZ I OTCQX: PGZFF)) CEO Tim Moody. The video was filmed in the town square of Aznalcóllar, Spain near Pan Global’s office, and as a backdrop reflects some of daily life of the community. Tim provides insight on the Escacena Project opportunity and explains the exploration work that goes into mineralization discovery, including the soil geochemistry work done at the high-potential Bravo target – and what comes next. https://lnkd.in/gZyXQSff The high-priority Bravo target in the Escacena Project, southern Spain, is... - a large, untested gravity anomaly representing potential massive sulphide.  - located 1.5km along-trend east of Pan Global’s La Romana copper-tin-silver discovery and 4.5km southwest of the Grupo México controlled Aznalcóllar and Los Frailes volcanogenic massive sulphide deposits. - an example of a gravity anomaly. Gravity anomalies were found coincident with the La Romana mineralization (discovered by Pan Global in 2019) and both Aznalcóllar-Los Frailes (copper, lead, zinc) and First Quantum’s Las Cruces (copper) deposits. - greenfield, never been drill-tested. The first phase of soil geochemistry work at Bravo is almost complete. Investors are looking forward to seeing the next phase of survey results and geophysics work at this high-priority target! #copper #Spain #Andalusia #Bravo #soilgeochemistry #highprioritytarget #bootsontheground #IberianPyriteBelt #Escacena #Bravo #largeanduntested

DevEx Resources The latest drilling findings at DevEx Resources' Nabarlek Project highlight significant opportunities backed by geological insights and market positioning. Read More https://lnkd.in/gw4hW3zA #DevExResources, #NabarlekUraniumProject, #highGradeUranium, #geologicalInsights, #explorationPotential

IN THE MAGAZINE THIS WEEK Uranium exploration has moved to Opuwo in Kunene, where two companies—Snow Lake Energy and GIBB River Diamonds Ltd —have acquired tenements. The Kunene region covers an area of 115,293 km2 of total Namibian land. Kunene region is the second largest region after //Kharas region. Kunene region has 120,762 inhabitants (Census 2023), representing 4% of the Namibian population. The sparsely populated region is home to several Indigenous people, including the Himba; there is very little economic development in the area. https://lnkd.in/d-iEveMZ #uranium #Namibia #Kunene #Opuwo

Adavale Resources has unlocked large-scale uranium exploration in South Australia after receiving a key license – and a hefty share price jump. The newly granted territory includes a large recognisable alluvial outwash system shedding from the central northern part of the Flinders Ranges and builds up license holdings which now total 1669 square kilometres in one of the world's most prospective regions in the world for uranium discovery. “A thorough interrogation of the comprehensive. publicly accessible dataset available, has assisted Adavale to identify interpreted paleochannel systems and refine priority targets within its tenure. The outwash and paleochannel systems shedding from the Flinders Ranges appear to be the most prospective for uranium.” – Adavale Executive Director David Riekie #Exploration #Uranium #Commodities https://lnkd.in/gNk4HjHQ

Western Metallica Resources Corp.: TSXV-WMS’s bet on Peru’s #copper resources has paid off in the form of a new discovery. The company entered Peru in August 2023 with the acquisition of Consolidated Copper Corp, owners of the Caña Brava and Turmalina copper-molybdenum porphyry assets in the northern part of the country. Now, a field work program at Caña Brava has revealed consistent copper grades up to 700 parts per million copper and 600 ppm molybdenum. Geochemical and drone-borne magnetometry surveys at the Luz Maria prospect confirmed a The 2.7 kilometre by 1.5 kilometre alteration, which the company described as a characteristic feature of Andean copper-molybdenum porphyry mineralisation systems. CEO Gregory Duras emphasized the significance of the discovery, especially considering it was not part of the initial data when the project was acquired. More at #Proactive #ProactiveInvestors #TSXV #WMS http://ow.ly/XUJR105boUn

#ASXNews LIONTOWN PROGRESSES TO STAGE 1 OF MULWARRIE LITHIUM JOINT VENTURE Olympio Metals Ltd is pleased to announce that Liontown Resources Limited has elected to progress to the Stage 1 Earn-In phase of the Two-Stage Farm-In arrangement at the Company’s Mulwarrie #Lithium Project, in the Eastern Goldfields of Western Australia. The Mulwarrie JV project is in the prolific Goldfields region of Western Australia just 120km NW of Kalgoorlie. • Liontown Resources is progressing to Stage 1 of the Farm-in Agreement following promising soil sample results across the Mulwarrie Lithium Project   • A total of 1,201 geochemistry samples were collected and assayed, as per the minimum condition term of the Farm-in Agreement • The lithium soil results highlight several anomalous trends that require follow up assessment • Spectacular #gold results returned from the soil results, including two samples >10g/t Au (11.45g/t, 19.30g/t) #OLY’s Managing Director, Sean Delaney, commented: “We are very pleased that Liontown has decided to progress the Farm-in agreement following the return of promising results from the soil sampling program.  “Olympio still retains significant exposure to any discovery success, as the Company has the ability to contribute to funding and remain at 49% once the Stage 1 farm in is completed.” Full announcement: https://loom.ly/6nwduzc #OlympioMetals #ASX

Exciting surface assay results have returned from initial exploration at Belararox’s Toro targets – part of its Toro-Malambo-Tambo (TMT) copper-gold project in Argentina – strengthening the interpretation the area contains porphyry and/or epithermal mineralisation.