Omaruru Lithium Project phase 2 drilling commences Prospect Resources Limited (Prospect) says it commenced Phase 2 drilling at the Omaruru Lithium Project in Namibia alongside Osino Resources Corp., in line with their earn-in agreement for a 50% stake in the project. According to the agreement, if Prospect completes Phase 2 of the earn-in agreement, it will earn an additional 10% interest in the project. Prospect CEO and Managing Director Sam Hosack said the completion of Phase 2 drilling is also expected to see the company advance its next earn-in stage at Omaruru, which will result in Prospect’s ownership stake in Omaruru increasing to 51%. https://lnkd.in/ddgjbsTH #namibia #mining #lithium Chamber of Mines Namibia
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Global Lithium Resources Kicks Off 6,000m Drilling Program at Manna Lithium Project (ASX: GL1) Global Lithium General Manager – Geology, Logan Barber, commented on the drilling program, stating, “It is great the GL1 exploration team is back on ground at the Manna Lithium Project after a period of data consolidation, interpretation, and target generation. This drill campaign is testing extensional areas under cover with any intersection of spodumene bearing pegmatite potentially leading to significant resource growth. (continues)" Read our article below: https://lnkd.in/gEBqShip #lithium #mining #exploration #asx
Global Lithium Kicks Off 6,000m Drilling Program at Manna Lithium Project
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Tirupati Graphite Plc said it has completed the latest exploration and resource drilling programme at its two Madagascan flake graphite projects. An updated Competent Persons Report (CPR) is now being prepared by SRK Consulting and is expected to be published in the near term. As part of the programme, Tirupati carried out 5,000 metres of diamond core drilling, 26,000 metres of auger drilling and 360 running metres of six to eight metres depth trenching across the two projects. At present, Tirupati’s two projects in Madagascar, Vatomina and Sahamamy have resources of 18.4Mt and 7.1Mt at grades of 4.6% and 4.2% respectively. Shishir Poddar, Executive Chairman, said: “We expect the updated CPR to show a material increase in our resource numbers underlining the long-term potential of our currently operating and expanded projects in Madagascar. More at #Proactive #ProactiveInvestors #mining #graphite #tirupatigraphite http://ow.ly/JcaJ105lq6w
Tirupati Graphite completes exploration programme in Madagascar
proactiveinvestors.co.uk
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Helix Exploration PLC has passed another important milestone on the road to its first helium well, with drilling expected to get underway in the third quarter. It did so by sharing with the market the results of an independent analysis, or scoping study, of its assets along Montana Helium Fairway. The study indicates a net present value (NPV8) of $303.1 million using a helium price of $550 per thousand cubic feet (Mcf) and a helium grade of 1.5%. It highlights an initial capital expenditure (CAPEX) requirement of $19.7 million - bang in line with estimates. The project is expected to generate net revenue of $605.6 million after CAPEX, operational expenses (OPEX), taxes, and royalties over a 29-year life of the mine (LOM). More at #Proactive #ProactiveInvestors #mining #helium #drilling #helixexploration http://ow.ly/cl7I105wl4Q
Helix Exploration: Scoping study makes strong economic case for Montana helium assets
proactiveinvestors.co.uk
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Namibia’s Orange basin offers optimism despite declining high impact exploration drilling, report finds - WorldOil: Namibia’s Orange basin offers optimism despite declining high impact exploration drilling, report finds WorldOil
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Elevate Uranium accelerates Koppies project in Namibia with triple-rig drilling campaign - Small Caps: Elevate Uranium accelerates Koppies project in Namibia with triple-rig drilling campaign Small Caps
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smallcaps.com.au
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Touchstone Exploration Inc. (AIM:TXP, TSX:TXP, OTC:PBEGF) told investors it has made a "great start" to the year, as it reported the successful drilling of the Cascadura-2 well, which promises to significantly increase production volumes at the field in Trinidad. Drilled to a depth of 7,132 feet, Cascadura-2 was cut short of its intended 8,300 feet target depth as the company opted to preserve a significant pay section after encountering a high-pressure gas zone. Analysis of drilling data revealed a total sand thickness of around 525 feet within the targeted Herrera formation. The well, now being prepared for casing, is scheduled for production testing directly into the Cascadura natural gas facility in the third quarter. The company also noted the imminent start of drilling for the Cascadura-3 development well. More at #Proactive #ProactiveInvestors #AIM #OTC #SEE #SEEMF #mining #touchstonewexploration http://ow.ly/mYJZ105fXIC
Touchstone Exploration's new Cascadura well marks a 'great start' to 2024
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Exciting News in the Exploration Front! Chalice's Recent Announcement in Our Region We are thrilled to share some fantastic news in the world of mineral exploration. Chalice has recently announced their exploration efforts in the same region as Advanced Metals Technology Group, and the area is really heating up! At Advanced Metals Technology Group (AMTG), we're eagerly looking forward to assisting AMTG during their Pre-IPO stages and funding requirements to carry out their drilling endeavours in the new year. Our goal is to align ourselves with the momentum created by Chalice, NickelX, and Cauldron Energy's drilling campaigns. To learn more about this exciting development, please refer to the article below: https://lnkd.in/gkJQPKxd Stay tuned for further updates as we continue our journey in this dynamic industry. If you have any questions or would like more information, feel free to reach out. #MineralExploration #Chalice #AdvancedMetals #Nickelx #CauldronEnergy #ExplorationEfforts #MineralResources #InvestmentOpportunities #PreIPO #DrillingCampaigns #NaturalResources #GeologicalDiscovery #ResourceInvestment #MineralIndustry #MiningNews #InvestmentPotential #ExplorationProjects #MiningInvestment #ChaliceExploration #MiningSector #MineralExplorationNews
Chalice Mining recieves green light for extensive exploration drilling at Julimar, WA
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GTI Energy Ltd (ASX:GTR) (OTC:GTRIF) has had a positive start to drilling at the 100%-owned Lo Herma ISR #Uranium Project in Wyoming’s prolific Powder River Basin with mineralisation intersected meeting expectations for economic ISR mining methods. The first 10 drill holes of a 76-hole campaign were completed for 1,908 metres (6,260 feet) in the first three days of drilling with eight holes intercepting on-trend mineralisation. Best mineralised intercepts include 14.5ft at 0.0640% (640ppm) eU308 in drill hole LH-24-002 and 16.5 ft at 0.054% (540ppm) eU308 in drill hole LH-24-001. More at #Proactive #ProactiveInvestors #Energy #UraniumMining #InSituRecoveryUranium #ISRUranium http://ow.ly/FgQw105CHLI
GTI Energy encouraged by positive start to drilling at Lo Herma ISR Uranium Project
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Namibia's Orange basin offers optimism despite declining high impact exploration drilling, report finds - WorldOil: Namibia's Orange basin offers optimism despite declining high impact exploration drilling, report finds WorldOil
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worldoil.com
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📈Canadian 🇨🇦 Mining ⛏️ News 🗞️ Delta Resources Limited (TSXV: DLTA) Starts 2024 Drilling Program at Delta-1 in #ThunderBay, #Ontario Starting with 5,000 metres, the program will be two-pronged with a number of drill holes aimed at increasing the gold inventory at the Eureka Gold Zone, while other drill holes will test new exploration targets defined at the end of 2023. 📈 TSXV: DLTA - OTC: DTARF - FSE: 6GO1 📈 #Gold #Mining #Exploration #Canada #Goldmining #Preciousmetals #Miningstocks #Goldstocks #Stockstowatch #Smallcapstocks #Investors #Stockmarketinvesting #Investments #Gold #Goldinvestment #TSXV #Stocks #Resource #Investing Follow the link below for today's news ⬇️ https://lnkd.in/gupDBc3R
Delta Resources Starts 2024 Drilling Program at Delta-1 in Thunder Bay, Ontario
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