Operational Update: Copper and Lithium Exploration, Botswana Aterian plc (LSE: ATN), the critical metal-focused exploration and development company, is pleased to provide an update on activities since the conclusion of the Share Purchase Agreement ("SPA") to acquire a 90 % interest in Atlantis Metals (Pty) Ltd ("Atlantis") in the Republic of Botswana ("Botswana"), as announced on 8 April 2024. Atlantis is a private Bostwana registered entity holding seven prospecting licences in the world-renowned Kalahari Copper Belt ("KCB") and three licences prospective for lithium brine in the Makgadigadi Region of Botswana. Highlights: 👉 Atlantis holds a portfolio of ten strategically located licences for #copper-#silver ("Cu-Ag") and #lithium brine (''Li'') projects in Botswana, covering 4,486.11 km2. 👉 Three licences are held, covering a combined 2,516.93 km2 within the Makgadikgadi Pans, considered highly prospective for lithium brine. 👉 Initial target generation has been completed using available airborne geophysical data and remote sensing. 👉 Three licences are prioritised for initial fieldwork for the KCB licences. 👉 Two areas of interest have been identified on the lithium brine project for field follow-up. Source: Vox Markets https://lnkd.in/eVqYsv_Q
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New Licences Awarded in Botswana. Atlantis Metals Acquisition Completed. Aterian plc (LSE: ATN), the critical metal-focused exploration and development company, is pleased to announce that it has received the 'Change of Control' approval from the Ministry of Minerals and Energy in the Republic of #Botswana ("Botswana") to formally complete the acquisition of the controlling 90% interest in Atlantis Metals (Pty) Ltd ("Atlantis"), a private Bostwana registered entity holding mineral prospecting licences in of Botswana. The Company also announces the award of six new prospecting licences in the world-renowned Kalahari Copperbelt. Highlights: 👉 The acquisition of a 90 % interest in Atlantis, which holds prospecting licences in Botswana, has been completed. 👉 Six new copper-silver prospecting licences, totaling 970.08 km2, recently awarded in the world-renowned Kalahari Copperbelt ("KCB"). 👉 Atlantis hold a portfolio of ten strategically located copper-silver ("Cu-Ag") and lithium (''Li'') projects in Botswana, covering 4,486.11 km2. 👉 The original Atlantis-awarded KCB licence, announced on 8 January 2024, is 50 km east of MMG's Zone 5 deposit (92.9 million tonnes grading 2.00 % Cu and 21 g/t Ag). 👉 Three licences held, covering a combined 2,516.93 km2 within the Makgadikgadi Pans, considered highly prospective for Lithium brine. 👉 Target generation is underway, with independent consultants acquiring and reprocessing airborne geophysical data for the Kalahari Copperbelt project. Vox Markets: https://lnkd.in/ech-rjPW #RNS #VoxMarkets #ATN
Aterian PLC - New Licences and Atlantis Metals Acquisition - Vox Markets
voxmarkets.co.uk
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GoviEx Uranium Inc (TSX-V:GXU, OTCQX:GVXXF) has secured an option to acquire a 51% interest in the Lundazi exploration license in Zambia. The Lundazi License spans 817.9 square kilometers and is recognized for its uranium-rich formations. It is part of a strategy to increase the exploration footprint within Zambia, particularly in regions known for Karoo Supergroup sandstone deposits. The Lundazi area is said to have geological similarities to GoviEx's Muntanga project, where the company is progressing with a feasibility study expected later this year. The study is crucial for moving forward with project financing and could lead to production within two... http://ow.ly/K6si105I7kQ
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#Kazakhstan Positions Itself as Battery Components Supplier Continuing the trend of expanding its strategic minerals standing, Kazakhstan's Ministry of Industry and Construction is issuing "hundreds" of new exploration licenses. These focus on several previously untapped mineral resources in the country, such as #lithium and #nickel. Already, some countries are striking agreements to get access to the mineral resources. The South Korea Institute of Geoscience and Mineral Resources (KIGAM) began talks the week of September 23 to develop a substantial lithium deposit in East Kazakhstan. https://lnkd.in/e9V5X8iu
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FQM EXPANDS CENTRAL AFRICA COPPERBELT LICENCES Canada-based First Quantum Minerals (FQM) has exercised its option to acquire the remaining two licences in the Central Africa Copperbelt from an agreement with London-listed African Pioneer’s 80%-owned subsidiary, African Pioneer Zambia. The option agreement, initially announced on January 22, saw FQM sign an addendum on February 15 confirming its decision to exercise the option over the two licences, which had not been previously exercised. These licences are identified as exploration licences 27770-HQ-LEL and 27768-HQ-LEL. In addition, FQM had already exercised its option over licences 27767-HQ-LEL and 27771-HQ-LEL, as announced…READ MORE HERE https://lnkd.in/deBdx9Qe
FQM Expands Central Africa Copperbelt Licences
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Oriole Resources PLC is pleased to report that it has received two-year renewals for each of its five gold exploration licences in the Eastern Central Licence Package (‘Eastern CLP’), located in the Adamawa and North regions of Cameroon. The Licences, held through the Company’s 90%-owned subsidiary Oriole Cameroon SARL, represent a contiguous, district-scale land package covering 2,266km2 of geological terrane which is highly prospective for both gold and lithium. The Eastern CLP includes the flagship, 80%-owned Mbe licence, where BCM International Limited is currently funding up to US$4 million in exploration expenditure to earn up to a 50% interest. A 5500 metre trenching programme is underway over the MB01 area at Mbe, with results anticipated in Q3-2024 and a maiden drilling programme is anticipated in Q4-2024. Oriole retains a 90% interest in the other four Eastern CLP licences (Tenekou, Niambaram, Pokor and Ndom), which share a similar geological setting and exploration potential to Mbe. #westafrica #cameroon #goldexploration #orr https://lnkd.in/eQ-2Bkv8
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Kazakhstan discovers mineral resources worth $2.6 bn The Minister of Industry and Construction, Kanat Sharlapayev, highlighted the successful attraction of private investments totalling $64.2 mn for regional exploration. Details — https://lnkd.in/eDbAj6Zm #KazakhstanMinerals #MineralWealth #PrivateInvestment #IndustryGrowth #KazakhstanEconomy #ExplorationSuccess #ResourceDiscovery
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We've strategically expanded our Waterlander Niobium-Rare Earth Elements Project in the West Arunta province of Western Australia, with new licences secured at E80/6005 (28.65km²) and E80/6045 (22.29km²), growing our regional footprint to more than 105km². Managing Director Mena Habib said, “Having announced our initial position at Waterlander last week, we are pleased to expand our footprint in the West Arunta region of WA to more than 100km² with the addition of exploration licences.E80/6005 and E80/6045. This is a strategic move to expand our exploration potential in the area immediately adjacent to WA1 Resources’ exciting Luni niobium discovery, which provides additional strike length along the structural faulted area and increases our exploration footprint for the targeted Nb-REE hosting carbonatites. Once these licences are granted, we are ready to commence targeted field work designed to rapidly define drill targets to firm up the potential of this niobium and rare earths project.” Read the full ASX Announcement here: https://lnkd.in/gsv-_Rcg #ASX #ASXnews #MiningNews #PNN #PowerMinerals #Niobium #Rareearths #REE #exploration #resources
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Oriole Resources PLC (AIM:ORR) has identified a new mineralised zone within the licence areas at its Bibemi project in Cameroon Sampling at the new prospect, Lawa West, returned 17 rock chips grading over 0.5 grammes per tonne (g/t) gold from quartz vein material, with best results of 54.50g/t Au and 38.40g/t Au. Mapping at Lawa West has also extended the mineralised strike length of to 6 kilometres increasing the total mineralised trend at Bibemi to 17 Km. Partner BCM International is currently funding up to US$4 million in exploration expenditure in return for up to a 50% interest in the project. Martin Rosser, chief executive, added: said: "The results reported for Lawa West are encouraging as they significantly expand the potential mineralised corridor length of the prospect, and the overall system at Bibemi. More at #Proactive #ProactiveInvestors #orioleresources http://ow.ly/L4hG105ECAA
Oriole Resources identifies potential new zone at Bibemi
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Our recent discovery of ore gold by taking the easiest way possible: 1: Research and area selection 2: Analysis and interpretation of images 3: Spectral analysis 4: Sampling and ground truthing 5: Interpretation and integration of data The samples underwent physical separation techniques for analysis.
Are you looking to find new gold assets and maximize your mineral exploration efforts? Look no further! Join us as we explore the incredible story of Gondwana Engineering Enterprises, a junior services firm that recently used remote sensing to discover new gold assets in Sudan and Africa. #GoldProspecting #RemoteSensing #MineralExploration #MiningServices #GeologicalMapping #DataAnalysis #MiningIndustry #GoldAssets #GondwanaEngineeringEnterprises
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Exploration is absolutely crucial to the future success of Qld’s resources sector. These latest CEI grants will help Qld exploration companies uncover our abundant reserves of the minerals needed to create future technologies. The exploration will help unlock the full potential of our growing critical minerals sector. Read more below. #QRC #QEC #Queensland #Qld #Resources #Exploration #Minerals
🎉 Congratulations to the 16 innovative Queensland critical minerals explorers who have secured a Collaborative Exploration Initiative grant from the Geological Survey of Queensland, courtesy of the Department of Resources (Queensland). These companies are leading the charge in Queensland's thriving critical minerals sector, exploring for essential components in the development of cutting-edge technologies for a brighter future. The increasing global demand for critical minerals, such as copper, gold, zinc, cobalt, and molybdenum, all found in the projects of CEI Round 8 recipients, underscores the need for significant discoveries to increase investment to Queensland. Learn more about the 18 CEI-supported critical minerals projects, via the interactive map: https://lnkd.in/g7-auTtS #QueenslandExploration #CriticalMinerals #Innovation
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Charles G. Bray, Chairman of Aterian plc, commented: "I am pleased to provide this update to our shareholders as we have completed the target generation exercise and are preparing to initiate operations on the ground. The highly prospective Kalahari Copperbelt is an excellent mineral destination for the Company, with some well-documented, recent exploration success stories.