Proactive’s Post

Initial assays at QMines' Develin Creek have shown shallow high-grade copper and zinc mineralisation, leading to potential mine life extension at Mt Chalmers. QMines Limited (ASX:QML) https://buff.ly/3THSITa #ASX

Viking Mines has successfully completed a Pit Optimisation Study on the Canegrass Battery Minerals Project Mineral Resource Estimate with; 61Mt at 0.81% V2O5, 35.9% Fe, 7.6% TiO2, 714ppm Cu, 687ppm Ni & 177ppm Co Inferred (JORC 2012) Pit constrained MRE. #VKA has selected the Base Case scenario at a 0.7% V2O5 processing cut-off as it considers revenue from both the #Vanadium and #Iron from the Project, which is supported by the current level of metallurgical testwork completed and the results achieved. Learn more: https://loom.ly/REWrxVE #VikingMines #ASX

#ASXNews Black Canyon Limited is pleased to provide its 2024 Annual Report to shareholders. Some highlights from the Report include: ➖Completed a 7,000m RC drilling program across 100% owned tenements in the BMF. ➖Achieved a Global Mineral Resource Estimate (MRE) of 314Mt at 10.5% Mn, containing 33.1Mt of manganese. This MRE is the largest by contained manganese in Western Australia and the second largest in Australia. ➖Conducted an Exploration Target Estimate (ETE) for Pickering and Balfour East, estimating 160-215Mt at 11-12% Mn (18-23Mt of contained manganese). ➖Completed HPMSM feedstock variability studies on material from multiple sites. ➖Successfully crystallized battery-grade HPMSM from a KR1 sample after leaching. ➖Initial metallurgical preparations produced consistent 31-32% Mn concentrates with high recoveries using dense media separation. VIEW the full Annual Report https://loom.ly/ikHI-ZE #BlackCanyon #ASX #AnnualReport #Shareholders

We are pleased to announce outstanding results from the maiden metallurgical testwork program at Kangaroo Hills. These results have confirmed spodumene is the predominant #Lithium mineral in the Big Red pegmatite. The results of this testwork further demonstrates that Big Red material can produce high-grade, marketable spodumene concentrate with low impurity levels at robust recoveries. The next stage of metallurgical testing is set to commence after completion of the upcoming Phase 4 drilling program at the KHLP, which is designed to test the interpreted extension of the Big Red mineralisation, as well as other high-potential resistivity targets in the northern part of the project. Read more here ➡ https://lnkd.in/gUJ5PYtP #FBM #FutureBatteryMinerals #ASXNews #Exploration #BatteryMetals

#ASXNews Widgie Nickel Limited is pleased to announce the updated MRE for the Widgie 3 #nickel deposit, reported in accordance with the 2012 JORC Code. Cube Consulting Pty Ltd completed the MRE which has been reported above a cut-off grade of 0.7% Ni. • Mineral Resource Estimate (MRE) now stands at 734Kt @ 1.53% Ni for 11,200 nickel tonnes. • 70% of the MRE classified as Indicated for 6,880t of contained nickel. 2018 MRE was classified as Inferred only. • 14% increase in nickel grade with a significant 32% reduction in contained arsenic versus the 2018 MRE (above a cut-off of 0.7% Ni). • 2024 MRE now includes #Palladium + #Platinum + #Gold (3PGE). With Au (0.14g/t), Pt (0.19g/t) and Pd (0.45g/t) for 0.78g/t 3PGE (equating to 3,370oz Au, 4,550oz Pt and 10,520oz Pd). • 2024 MRE contains 222kt of high grade 1.95% Ni Inferred Resources at depth. Mineralisation remains open at depth with increasing grade potential. • 63% of the 91,270t of nickel MRE at Widgie South Project Area is now classified as Indicated Resources. • Total Mt Edwards Nickel Resource grows to 191,340t of contained nickel. #WIN’s Managing Director and CEO, Mr Steve Norregaard, commented: "The third of 6 resource revisions represents a resounding success with what was previously an inferred resource we now have 70% in the indicated category, this greatly improves our confidence as it feeds into the scoping study. Importantly we have also seen an improvement in nickel grade, a reduction in arsenic grade and inclusion of notable by-product credits.” Full announcement: https://loom.ly/nXc4HKg #WidgieNickel #ASX

Metinvest Group is committed to providing Europe with environmentally friendly iron ore to support the transition to green steel production. The company has all the prerequisites for investing in capacity and is implementing a number of modernization projects. This was discussed at the International Conference on Ukraine’s Recovery (URC2024) in Berlin, according to Dmytro Nikolayenko, Metinvest’s Chief Commercial Officer. «The Ukrainian Recovery Conference in Berlin has put forward many innovative ideas for the future of the Ukrainian economy. “Metinvest is committed to bringing these ideas to life by leading the initiative to ensure Europe’s transition to green steel production using environmentally friendly iron ore,” he said. The key prerequisites for investing in the group’s assets are large reserves of magnetite ore, which ensure sustainable DRI/HBI production, long-standing expertise in iron ore production, green transformation, strategic positioning, and proximity to Europe. The company is currently focused on the following current and future projects: •Modernization of the enrichment facilities of the Northern Mining and Processing Plant (Northern GOK). Focus: production of high-quality iron ore concentrate for DR pellets. •Modernization of the pelletizing plant at Northern GOK. Focus: improving pellet quality and equipment productivity. •Construction of DR pelletizing facilities. Focus: expanding capacity to meet the growing demand for high-quality iron ore. •Construction of DRI/HBI production facilities. Focus: construction of up to 3 new units with a total capacity of 7.5 million tons per year. Initially, the units will operate on natural gas, and in the future they will switch to hydrogen. «As Metinvest implements these ambitious initiatives, we are seeking support from international financial institutions and welcome partnerships in supply agreements. Together, we can pave the way for a greener and more sustainable future,” summarizes Dmytro Nikolayenko. Read more here🔽 #GMKCenter #Ukraine #steelmakers #steel #mining #iron #ore #concentrate #projects #modernization #investments #Metinvest #EU #Europe #pellets #DRI #HBI #naturalgas #hydrogen #greensteel #industry Метинвест

In an interview with Proactive's Stephen Gunnion (SG), Adriatic Metals Plc' chief executive Paul Cronin (PC) discusses milestones at its soon-to-open Vares silver project SG: Let's start with your upcoming milestones. When do you anticipate the first concentrate production at Vares? PC: We're on track to produce our first concentrate by the second half of February.  It's a significant milestone for us, especially after overcoming some logistical hurdles, including delays in the Suez Canal. Despite these challenges, our processing plant is now fully commissioned, and we're ready to begin production. SG: Moving on to the production guidance, can you share the expectations for this year and beyond? PC: Absolutely. For this year, which is our ramp-up phase, we're aiming to produce between 240,000 and 300,000 tonnes. We're stockpiling ore and are pleased with the grades we're seeing. More at #Proactive #ProactiveInvestors #LSE #ASX #OTCQX #ADT1 #ADT #ADMLF #adriaticmetals http://ow.ly/Ixu7105cOtK

Western Exploration (TSXV: WEX; OTCQX: WEXPF) reported positive results from 2024 metallurgical testing of the Gravel Creek deposit, specifically from the Jarbidge District of Elko County, Nevada, USA. Highlights: * A 94.8% gold and 89.8% silver recovery achieved through combined gravity and flotation methods. * The gravity and flotation concentrate represented 10.9% of the feed weight, with high grades of 57.1 g/t gold and 1,725 g/t silver. * Gravity concentration recovered 22.4% of the gold and 4.4% of the silver with high-grade concentrates. CEO Darcy Marud emphasized the promising metallurgical outcomes, affirming the potential for the recovery of precious metals. Good. But is it enough for the market? Want to Learn More? #TheNextBigRush https://lnkd.in/d6UepchF

Pan Global Resources Inc. (TSX.V: PGZ I OTCQX: PGZFF)) reports on variability metallurgy testwork results from the La Romana copper-tin-silver deposit in southern Spain.   The results:   ·        confirm saleable concentrate grades are achievable across the deposit: high-value, high-quality, and clean copper concentrate at potentially lower cost than the average within the pyrite belt ·        simple conventional flotation process flowsheet ·        excellent recoveries up to 88% copper ·        concentrate grades up to 32.5% copper, with payable silver content and low in deleterious elements   Conclusion: These positive results are highly desirable for smelters and potentially attractive for blending with lesser quality concentrates to increase the value and reduce penalty costs. The results advance La Romana to the preliminary design phase of the metallurgical process.   The comment from Minepro Solutions SL (who are coordinating and managing the metallurgical test program) speaks to the unique (and positive) nature of the La Romana deposit in the context of the geologic region.   Compared to the average of deposits in the Iberian Pyrite Belt, the La Romana mineral deposit testwork demonstrated 1.      lower energy requirements for both crushing and grinding; 2.      coarser liberation sizes; and 3.      superior performance in the flotation process for copper.    #copper #metallurgy #Andalusia #IPB #EscacenaProject

Surge Battery Metals Boosts Highest-Grade Lithium Clay Resource in USA to 11.24 Mt LCE at 3,010 PPM Li: Including 10.08 Mt LCE at 3,334 PPM Li and 7.43Mt LCE at 3,843 PPM “We are very pleased with today’s resource update, which further cements the NNLP as a significant lithium deposit and a key source of high-quality domestic lithium. Our 2024 drilling program has delivered the highest average grades within our lithium clay mineralization to date, as clearly demonstrated by today’s results. Our team successfully added over 650,000 tonnes of inferred LCE resources per drill hole within the Surge and private land claim block. All of this has been accomplished within the limited 5-acre disturbance of our current permit. Metallurgical testing, technical and economic studies, and permitting efforts are underway, with our Inaugural PEA scheduled for Q1 2025”. - Mr. Greg Reimer, CEO and Director. 🔗 Full News Release: https://bit.ly/3ZA3cYw ( 🇨🇦 $NILI | 🇺🇸 $NILIF | 🇩🇪 DJ5C) #EVs #Lithium #BatteryTech #Nevada #Energy