Centrex Limited’s Post

#ASXNews Maiden Resource to underpin Nullagine Restart Calidus Resources Limited is pleased to announce a maiden JORC 2012 Mineral Resource at the Nullagine #Gold Project of 6.9Mt at 2.15g/t Au for 475,114 ounces. This includes Measured and Indicated Resources of 4.1Mt at 2.33g/t Au for 307koz, representing 65% of the total Resource. • Competent Person review underway on additional 16 deposits (including the main Golden Eagle deposit) with historic resources to allow further increase in Mineral resources when complete • Resources are all free-milling and were targeted in strategy to establish an initial two years of campaign milling at Nullagine • Campaign milling at Nullagine’s 1.8Mtpa Golden Eagle mill envisaged to be on a two week on two week off basis commencing no later than Q1 CY25 • Targeting Bartons underground as base feed. Previous production from Bartons Underground averaged 25kt/month @ 2.4g/t with 20,000oz mined • Beatons Creek and Genie targeted to fill remaining campaign milling capacity. Beatons Creek averaged 1.17g/t with 94,000oz recovered in previous mining • All potential production from Nullagine will be unhedged and fully leveraged to the gold price; This would be in addition to Calidus’ previously released FY25 production guidance of ~60 to 65,000oz, rising to 90,000oz in FY26, via its Warrawoona mill, meaning the Company would have two production sources • Calidus anticipates releasing a Feasibility Study for the Nullagine campaign milling operations, including Maiden Reserves, in the September Quarter • Studies commenced on how to also treat sulphide ores at Nullagine #CAI’s Managing Director Dave Reeves said: “We are excited to release an initial Maiden Resources at Nullagine which forms the basis for a Study on the restart of the Golden Eagle mill, which has a nameplate capacity of 1.8Mtpa, on a campaign basis.” See the full announcement: https://loom.ly/XUUV8oY #CalidusResources #MiningNews #ASX

Trigg Minerals Limited (ASX:TMG) has acquired the globally significant high-grade Achilles Antimony project. The WCC deposit is Australia's highest grade undeveloped Antimony deposit with a resource of 610 kt @ 2.56% Sb. 🤝 "Acquiring the Achilles Project, including the Wild Cattle Creek antimony deposit, is a significant bolstering of our existing portfolio and provides Trigg Minerals with an advanced project with a JORC resource and plenty of exploration upside in and around the resource. "Adding to our recent acquisitions of the Taylors Arms and Spartan antimony projects, we expect Achilles to be our flagship, given its advanced state. This acquisition positions Trigg as a globally significant player in the rush to secure Antinomy supply." - Trigg Minerals Executive Chair Timothy Morrison #ASX #ASXNews #Investing #Mining #Antimony Subscribe to the weekly Stock Market Newsletter www.themarketbull.com.au https://lnkd.in/gWdF9rYJ

We've successfully raised $1.225 million through a Share Placement, exceeding our initial target of $1 million due to strong demand from sophisticated and professional investors. The funds will be allocated to mining at our Fernie deposits once the mining permit is granted, as well as for permitting, maintenance at our Wapiti project, and general working capital. We are assessing the suitability of our high-grade, low impurity rock phosphate assets for use in the Canadian agricultural market and the lithium iron phosphate (LFP) battery market. We are preparing to test existing Wapiti rock phosphate core samples for suitability as inclusion into a LFP cathode material for EV batteries and LFP storage batteries, which will also provide liquid phosphorous for the conventional fertilizer market. Managing Director and CEO Daniel Gleeson said: “We thank shareholders for their support in this Placement as funds will allow Fertoz to continue to assess development options for our high-grade rock phosphate projects in Canada. Canada has designated phosphate as a critical mineral for the first time in 2024, and we hold some of the largest high-grade and low impurity deposits of rock phosphate that Canada is known to host. We want to ensure we can develop them in a way that creates value for our Company and Shareholders, as well as local stakeholders, and continuing our assessment will allow us to create the best path forward.” Read the full ASX Announcement here: https://lnkd.in/gNQRwGmc #FTZ #Fertoz #ASX #ASXNews #MiningNews #Canada

We are excited to have received additional #assay results from our #spodumene and #pollucite mineralised zone extension drilling at Chubb Central in the heart of the world-class #lithium province of #Québec, #Canada. Burley Minerals Managing Director and CEO, Stewart McCallion commented: “Burley Minerals are thrilled to discover this premium pollucite zone in the Main Dyke at Chubb Central, where we have already defined significant and continuous spodumene mineralisation. The pollucite mineralisation confirms a very highly evolved, high value LCT pegmatite system at Chubb Central Mineralised Zone. Significant discoveries of pollucite in LCT pegmatites are very rare and only three pollucite mines have operated in recent times - Tanco Mine (Manitoba), Sinclair Mine (Western Australia) and Bikita Mine (Zimbabwe). Pollucite has only been found in significant amounts in large, highly differentiated and evolved Lithium Caesium Tantalum pegmatite systems which bodes well for the prospectivity of the Chubb Project for further discoveries of LCT-related minerals.” “Burley benefits from having two of the key Sinclair team involved in the Chubb Project including director David Crook who oversaw the discovery through to successful mining. “The high value nature of the pollucite mineralisation can allow for direct shipment of pollucite ore without the need for processing.” Read the full ASX announcement here: 🔗 https://lnkd.in/ghveZr6C #BUR #ASXnews

GBA Capital pleased to act as Lead Manager Trigg Minerals Limited Trigg Minerals Limited (ASX:TMG) is an ASX-listed exploration and development company focused on antimony and gold exploration in Australia. In the New England Oregen of Northern NSW, the company is targeting ultra-high antimony (Sb) at multiple historically significant antimony assets, including the Achilles and Taylors Arm project. TMG has acquired its flagship Achilles, a pure-play antimony project that contains the significant high-grade and high tonnage Wild Cattle Creek (WCC) deposit. The WCC deposit hosts Australia's highest-grade, undeveloped antimony deposit and the second-largest resource after Hillsgrove in NSW at 610kt @ 2.56% Sb, with 15,600 contained tonnes (1% cut-off grade). The deposit remains open down-plunge and includes a sub-parallel high-grade zone, highlighting additional exploration potential. Significant historical grades at the WCC deposit include: - 10.7m at 14.2% Sb - 18.7m at 4.5% Sb, including 5.2m at 9.8% Sb - 10.8m at 9.3% Sb - 51.2m at 1.7% Sb, including 5.5m at 4.8% Sb - 22.5m at 3.9% Sb Timothy Morrison Nick Katris Jonathan King Bishoy Habib

🚀 Big news from United Mining Projects Corporation (UMPC)! 🚀 We are pleased to announce that starting in 2028, we will be producing 10,000 tons of battery-grade lithium at our project located in Catamarca, Argentina. This exciting initiative is led by our subsidiary, Marhen Lithium, and supported by a $550 million investment in the Río Grande Sur project, a 9,000-hectare extension in the Puna region. In a recent interview with Reuters, our CEO, Bradley Pielsticker, shared details about the progress and goals of this project: 🔹 Initial Production: We expect to start production next year, with a goal of 5,000 tons of lithium equivalent by 2027 and reaching 10,000 tons by 2028. 🔹 Permits and Evaluations: We have already received the necessary environmental permits and are analyzing the first promising brine samples. 🔹 Project Future: We plan to have a pilot plant operational next year and estimate an initial project life of 15 years. 🔹 Innovation in Extraction: We are evaluating hybrid methods of direct extraction and evaporation ponds to efficiently manage water resources. Additionally, we are excited about the Incentive Regime for Large Investments (RIGI), a law proposed by President Javier Milei that would offer tax and customs benefits for large projects. We believe this legislation could reduce bureaucracy and further facilitate our operations in Argentina. UMPC is committed to sustainable development and innovation in mining. We are excited about the future and contributing to the economic growth of Argentina, a country with immense potential in mineral resources. Let's move forward with energy and determination! 💪⚡ #UMPC #MarhenLithium #SustainableMining #Lithium #Innovation #Argentina #Investments #Сatamarca #Mining

Burley Minerals has made an auspicious discovery and struck into the prized caesium bearer pollucite alongside high-grade lithium at its Chubb Lithium Project. There are none remaining of the three pollucite mines to ever operate, and Burley happen to have two members on hand from one of them. “The discovery of pollucite at the Main Dyke of Chubb Central, adjacent to spodumene mineralisation, greatly enhances the importance of the Chubb Project to Burley Minerals. To date, deposits of pollucite have not been large, but quality pollucite is a critical mineral of high value, and only three pollucite mines have operated world-wide. One of those mines was the Sinclair Caesium Mine near Norseman, Western Australia, which was profitably mined by Pioneer Resources Limited when I was Managing Director. Burley will benefit from having two of the key Sinclair team involved in the Chubb Project.” – Burley Non-Executive Director David Crook Stewart McCallion Wayne Richards Bryan Dixon #Discovery #Lithium #Caesium #Pollucite 📰 Subscribe to MarketOpen Insights! 🗞 https://lnkd.in/g7qSSk8m

AVZ Minerals Limited today announced an updated Mineral Resource for the Manono Lithium and Tin Project after generating new results from the 2022-2023 drilling program at the Roche Dure pegmatite. Highlights include: 👉 Mineral Resource delineation drilling at Roche Dure has added a further 268 million tonnes (Mt) to the Manono Lithium and Tin Project. 👉 47% increase in Manono Project’s (Roche Dure and Carriere de l’Este) Measured, Indicated and Inferred Mineral Resource tonnage to 842Mt grading 1.61% Li2O, 709ppm Sn and 37ppm Ta containing 13.52Mt of lithium oxide. 👉 67% increase in the Roche Dure Measured, Indicated and Inferred Resource tonnage to 669Mt grading 1.61% Li2O, 690ppm Sn and 33ppm Ta containing 10.79Mt of lithium oxide. 👉 82% increase in the Roche Dure Measured & Indicated Resource to 500Mt at 1.63% Li2O, 755ppm Sn and 34ppm Ta containing 8.14Mt of lithium oxide and 377kt of tin. 👉 An increased confidence level, with 75% of the Roche Dure Mineral Resource now classified as Measured & Indicated. 👉 Mineral Resource update reinforces AVZ's 75% owned Manono Project as one of the world's largest hard rock lithium projects. 👉 The higher confidence tonnages are expected to increase the potential life of mine as will expected decreasing waste to ore stripping ratios resulting from the significant flattening of the deposit in the northern 500 metres of the newly completed geological model. Read the full ASX Announcement 👇 #AVZ #AVZMinerals #ManonoLithiumandTinProject #DRC #Lithium

Tega Industries' 2nd Mineral Processing Conclave in South Africa served as a nexus for mining experts from four continents, fostering a collaborative environment to exchange global insights on optimizing milling circuits. Hosted by Tega Industries, the event showcased papers from experts across four continents, covering a spectrum of topics, including optimization and maintenance, innovations in mill liners, and understanding the influence of design and operating variables on mill performance. During the conclave, South Africa Business Head, Vishal Gautam underscored Tega's enduring 47-year commitment to working closely with clients, aiming to enhance productivity. The event boasted a distinguished lineup of global mining luminaries, including insights from expert speakers like Aubrey Mainza, Professor at the University of Cape Town with 18 years of expertise in comminution and classification research. As the Deputy Director at the Centre for Minerals Research, he employs advanced methods like DEM and CFD. An active contributor to international projects and circuit optimization, Prof. Aubrey serves as the chairperson for the International Comminution Researchers Association African Chapter and is involved in various advisory roles, Mark Sherman of Fluor Canada, Mining & Metals Technical Director and Senior Fellow Communition SME. Mark discussed the next generation of liner designs that enhance efficiency, cost savings, wear-life, and reduce carbon footprints in minerals processing within the mining industry. This collective expertise reinforced a shared dedication to advancing mining technologies. Tega Industries Group Director of Global Sales & PMG yaver Imam & Global Sales Head Vinay Grover, showcased the company's global reach and recent expansion in the OEM space. This collective expertise reinforced a shared dedication to advancing mining technologies. Key announcements during the conclave included Tega's strategic expansion into equipment manufacturing, presenting a comprehensive range featuring crushers, screens, and more. Additionally, the introduction of hand-lining services for advanced equipment marked a transformative leap in operational efficiency.   Explore the in-depth insights in our blog https://lnkd.in/d_hGwncq   #TegaIndustries #PartnershipsInPractice #MineralProcessingConclave #MiningExperts #GlobalResearch #OptimizingMillingCircuits #CollaborativeEnvironment #InnovationInMining #MaintenanceStrategies #MillLiners #ProductivityEnhancement #EquipmentManufacturing #Crushers #Screens #HandLiningServices #AdvancedEquipment #MineralsBeneficiation #TegaInnovation #CustomerSatisfaction #MiningIndustry #TegaAdvancements

Greenstone Resources Limited is pleased to be featured in the Australian Trade and Investment Commission (Austrade)’s Australian Critical Minerals Prospectus 2023, which details the Mt Thirsty Project investment summary. The Mt Thirsty Project, 150km south of Kalgoorlie, is focused on open-pit mining and extraction of #cobalt, #nickel, and #manganese from a large, flat-lying, shallow, and soft orebody. Following a 145% increase in the Mt Thirsty resource in April 2023, the JV commenced a Scoping Study. The Scoping Study is evaluating high-pressure acid leaching (HPAL) as the ore processing method, followed by solvent extraction to produce cathode precursor and sulphate products. This is favoured over atmospheric leaching used in previous studies due to significantly higher metal recovery rates associated with HPAL. HPAL also allows for the recovery of additional metals like #scandium and #manganese, not previously recovered by atmospheric leaching. Full report: https://bit.ly/42Coepb #GSR #GreenstoneResourcesLimited #ASX