Proactive’s Post

via The Market Herald Trinex Minerals Limited has received the final assays from a surface geochemical sampling program at its Ross Lake and MAC lithium projects in the Northwest Territories, Canada. Samples were collected over two weeks at the end of the Canadian Summer 2023 field season just north of Yellowknife, an emerging region of critical mineral exploration. #TX3 reported high-grade #lithium interceptions with a notable presence of spodumene crystals in lithium-#caesium-#tantalum (LCT) pegmatites at Ross Lake. Results included 3.31 per cent lithium oxide, 2.27 per cent lithium oxide, and 1.84 per cent lithium oxide from Trinex’s Dyke 75 area, prompting the prospect to become the company’s prime focus for #drilling in 2024. Learn more: https://loom.ly/MVONsdQ #TrinexMinerals #ASX

Lithium Plus Minerals (ASX:LPM) is delighted to declare a maiden 4.1Mt at 1.43% Li2O Mineral Resource Estimate (MRE) at the 100% owned Bynoe Lithium Project near Darwin in the Northern Territory, Australia. Highlights ➕Maiden MRE of 4.1Mt @ 1.43% Li2O at 0.5% cutoff including Indicated and Inferred material. ➕Includes assay results from the recently completed drilling program comprising seventeen (17) drill holes for ~7,332 metres. Significant intersections include: - 50m at 1.83 % Li2O from 613m (BYLDD034) - 39m at 1.55 % Li2O from 204m (BYLDD023); and - 33m at 1.65 % Li2O from 642m (BYLDD035) ➕Primary Lei pegmatite contributed solely to current MRE, with the open zone beneath the extent of current drilling to remain a potential target for future work. ➕Secondary Lei pegmatite not currently included in Resource modelling and is expected to be followed up in future potential drilling programs. ➕Further drilling focus now shifts to Perseverance and Jenny’s prospect areas in line with multiple discovery strategy and expected hub and spoke model for future development. ➕Up to five (5) diamond tails and diamond tail extension holes to be completed at Perseverance in the field season 2024. ➕Lei Deposit advancement to continue in parallel with preliminary metallurgical test results expected to be available Q1 2024. Executive Chairman: Bin Guo lithiumplus.com.au

via Proactive Torque Metals Limited continues to strengthen the critical minerals potential of the New Dawn Lithium Project in Western Australia with all 17 holes from a reverse circulation (RC) #drilling campaign intersecting vertically stacked pegmatites. Thick, continuous pegmatite lodes were intersected in the completed campaign of about 5,000 metres which aimed to test and extend the company’s maiden exploration target that was announced last week for New Dawn, which is 600 metres west of the active Bald Hill #Lithium #Tantalum mine of MinRes. The conceptual exploration target is 8-14 million tonnes grading 1.0-1.2% lithium oxide, which highlights the potential for continued mineralisation along the New Dawn trend and guides Torque toward an initial mineral resource estimate. Learn more: https://loom.ly/KJ5CA9A #TorqueMetals #ASX

UK equity research house Edison Group initiated coverage of Cobra today. Analyst Andrew Keen writes: “Cobra has several upcoming catalysts that could provide positive newsflow. It has already de-risked its discovery by identifying ionic REE mineralisation with good metallurgical recovery rates to date. It is continuing to prove up ISR as a recovery method and initial indications for scale are positive. Cobra’s market valuation is well below the peers mentioned above and, if it successfully achieves its goals this year (notably defining high recoveries in column leach tests, a maiden resource based on ionic mineralisation and a processing pathway with low reagent usage), this could lead to share price appreciation.” Full note available below. #mining #rareearths #gold #uranium #Australia #SouthAustralia #COBR

Accelerate Resources Limited (ASX:AX8) has confirmed extended #lithium mineralisation at Prinsep Lithium Project in Western Australia's West Pilbara region, setting the stage for imminent drilling activities. Prinsep, conveniently situated near Karratha and in the same region as Azure Minerals' Andover discovery, has turned up some promising assay results from recent rock chip sampling, which point to potential within the burgeoning Karratha-Roebourne lithium belt. The latest sampling efforts have expanded the known lithium mineralisation trend to 1.5 kilometres along the northern pegmatite zone, with assays peaking at 1.51% lithium oxide (Li2O). More at #Proactive #ProactiveInvestors #ASX #AX8 #LithiumMining #BatteryMetals #CriticalMinerals http://ow.ly/AgT4105gYU7

Green Technology Metals Ltd (ASX:GT1, OTC:GTMLF) has hit multiple high-grade #lithium intervals of more than 20 metres thick and with grades up to 2.92% at the North Aubry deposit of the Seymour Lithium Project in Ontario, Canada. Strong lithium results from this latest infill drilling program will be used to generate a mineral resource estimate (MRE) upgrade for the project, enabling an upgrade in the confidence category and size of the resource to support an upcoming definitive feasibility study (DFS). The best result from drilling at North Aubury generated 24.2 metres at 2.69% lithium oxide from 235.8 metres and included a higher-grade portion of 22.2 metres at 2.92% from 235.8 metres depth. More at #Proactive #ProactiveInvestors #ASX #OTC #GT1 #GTMLF #LithiumMining #BatteryMetals #CriticalMinerals http://ow.ly/BSkt105jYQe

Juno Minerals appears to be sitting on a fertile lithium-caesium-tantalum (LCT) mineralised system following a geochemical review of the results from its Phase 1 and 2 drilling programs at the Mount Ida lithium prospect. https://buff.ly/4ci0DOJ #ASX $JNO

#ASXNews Trinex Minerals Limited is pleased to present its Quarterly Activities Report for the period ended 30 June 2024. Canadian #Lithium Projects, Northwest Territories • Numerous spodumene-bearing pegmatite outcrops and boulders identified in the northern half of the Halo-Yuri Lithium Project presenting high-priority walk-up drill targets. • Three new Prospects identified, Kick, Jagged and Amber, up to 3 kilometres in strike length and at least 30m wide. • Preparation of a Land Use Permit Application underway. Gibbons Creek #Uranium Project, Athabasca Basin • Definitive Agreement executed with ALX Resources Corporation (TSX-V: AL) (ALX) for an option to acquire up to 75% interest in the highly prospective fully permitted Gibbons Creek Uranium Project in the Athabasca Basin, Northern Saskatchewan, Canada. • Assay results and downhole probe readings confirm the presence of anomalous uranium at the Airstrip Prospect at Gibbons Creek, Saskatchewan. • Comprehensive VTEM survey commenced in June covering Airstrip, Butler Lake and a recently identified new zone Gibbons East. #TX3’s Managing Director Will D. said: https://loom.ly/GFoeV94 “We are very pleased with another solid quarter for Trinex, with the onset of the northern summer during the period allowing us to get on the ground at our exploration projects in Canada.” Read the full report: https://loom.ly/GFoeV94 #TrinexMinerals #ASX

🚀 Exciting Milestone at #Bynoe #lithium Project: Maiden 4.1Mt at 1.43% Li2O Mineral Resource Estimate (MRE) Declared! 🌏 https://lnkd.in/gSUdfciS Lithium Plus Minerals announced a significant development at its 100% owned Bynoe Lithium Project near #Darwin, #Northernterritory , #Australia. 🎯 Key Highlights: ✅ Impressive Drill Results: recent drilling program included seventeen (17) drill holes spanning ~ 7,332 metres. Some notable intersections are: 📍 50m at 1.83 % Li2O from 613m (BYLDD034) 📍 39m at 1.55 % Li2O from 204m (BYLDD023) 📍 33m at 1.65 % Li2O from 642m (BYLDD035) 🔍 Focus on Primary Lei Pegmatite: The current MRE is solely attributed to the primary Lei pegmatite. 🔜 Secondary Lei Pegmatite: Not included in the current Resource modelling but earmarked for future drilling programs. 🌟 What's Next? 🔄 Shifting Focus to Perseverance and Jenny’s Prospects 💎 2024 Field Season Plans: Up to five (5) diamond holes are planned at Perseverance. 🧪 Lei Deposit Advancements: Parallel advancements at Lei Deposit with preliminary metallurgical test results expected in Q1 2024. 💬 CEO Bin Guo's Vision: "This outcome is just the beginning of uncovering numerous, similar style, lithium deposits across our fertile pegmatite fields. Our exploration now intensifies on high priority pegmatite occurrences, starting with Perseverance and Jenny’s prospects." Stay tuned for more updates as Lithium Plus Minerals continues to unlock the potential of its lithium resources! 🔔 view Lili Wu's interview with Simon Kidston https://lnkd.in/gCFKWB24 #LPM #LithiumExploration #MiningIndustry #SustainableMining

Torque Metals Ltd (ASX:TOR) continues to strengthen the critical minerals potential of the New Dawn #Lithium Project in Western Australia with all 17 holes from a reverse circulation (RC) drilling campaign intersecting vertically stacked pegmatites. Thick, continuous pegmatite lodes were intersected in the completed campaign of about 5,000 metres which aimed to test and extend the company’s maiden exploration target that was announced last week for New Dawn, which is 600 metres west of the active Bald Hill Lithium Tantalum mine of MinRes. The conceptual exploration target is 8-14 million tonnes grading 1.0-1.2% lithium oxide, which highlights the potential for continued mineralisation along the New Dawn trend and guides Torque toward an initial mineral resource estimate. More at #Proactive #ProactiveInvestors #ASX #TOR #LithiumMining #BatteryMetals #CriticalMinerals http://ow.ly/AE4Q105gGMg