Stellar Resources’ Post

We're pleased to confirm that the 2024 Blackbush resource extension and broader exploration #drilling programs have recommenced at the Samphire #Uranium Project, south of Whyalla, South Australia. Highlights: The Company’s drilling contractor is back on site with the following objectives: 🔸Initial focus on further investigation of Blackbush Extension Areas 1 and 2; and 🔸Assess expansion potential within the Project area targeting historical gamma intercepts within the Blackbush North and Blackbush North-eastern palaeochannels. Alligator Energy’s Managing Director and CEO, Greg Hall stated: “Alligator is planning near-continuous Blackbush deposit resource extension drilling through this year, with a target to increase the resource and hence the potential annual production rate in a future feasibility study. We have worked closely with the local pastoralist to ensure that our operations do not impact their important lambing season. Drilling and logging results will feed into a further update to the Blackbush resource estimate at year end.” 🗞️Read the full ASX announcement here:👉https://lnkd.in/g6UDukkk #AGE #AlligatorEnergy #ASX #uranium

#ASXNews Poseidon Nickel Limited is pleased to announce it is undertaking a pro rata non-renounceable rights issue to raise up to $3.7 million. • Pro rata non-renounceable rights issue of one (1) new share (“New Share”) for every three (3) shares held by eligible shareholders at an issue price of $0.003 per share, plus one (1) free-attaching option to acquire a share for every three (3) New Shares applied for, to raise up to $3.7 million (“Entitlement Offer”) • Each of Poseidon’s Directors intend to participate in the Entitlement Offer • Following completion of the Entitlement Offer, the Company intends to apply funds towards: • Undertaking soil sampling programs focusing on the promising gold targets at Windarra, Lake Johnston and Black Swan. It is intended that programs will also cover areas that are prospective for nickel and lithium at Windarra and Lake Johnston respectively; and • Shallow aircore or reverse circulation drilling programs based on further definition of #gold, #lithium and #nickel targets following soil sampling programs #POS CEO, Brendan Shalders, commented: “The funds received from the Entitlement Offer will allow the Company to complete soil sampling programs focussing on numerous high prospective gold exploration targets at Windarra, Lake Johnston and Black Swan. Coincidently these programs will also test for lithium at Lake Johnston and nickel at Windarra, presenting a more efficient use of funds.” View the Entitlement Offer: https://loom.ly/5YXm87U #PoseidonNickel #ASX

Headed ‘Kaiser takes on the World’, Edison Group Investment Research Limited has released updated research on Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) that values the #GoldProducer and explorer at A$1.01 per share and potentially A$2.95/share. The update is based on an increase in resources at the Kaiser deposit within the Northern Molong Porphyry Project (NMPP), the almost doubling of underground ore reserves at the Roswell deposit, which is part of the Tomingley #Gold Extension Project (TGEP), and quarterly production figures from the Tomingley Gold Operations (TGO). More at #Proactive #ProactiveInvestors #ASX #ASXCompanies #ASXMiners #MiningAustralia #InvestmentResearch #MarketResearch http://ow.ly/UKYk105tYKp

Greatland is pleased to provide an update on activities and developments across the Company for the June 2024 quarter, and an outline of Greatland’s planned exploration program for FY2025. 📣View the announcement: https://loom.ly/skdnjG0 Greatland Managing Director, Shaun Day, commented: “At Havieron, good progress was made in the quarter with the EPA’s formal decision to assess the environmental approval application. In respect of Newmont’s announced intention to dispose of its interest in Havieron and nearby Telfer mine, we continue to consider ourselves strongly positioned for any potential opportunity to consolidate ownership of Havieron on accretive terms for our existing shareholders." “Excellent progress is being made across Greatland’s exploration portfolio, and we are pleased to share a detailed review and look-ahead for our high priority exploration projects in this release. FY25 promises to be a busy year for our exploration team and we look forward to providing updates on our activities.” $GGP.L #Greatland #MiningNews #Gold #Quarterly #Exploration

ASX Announcement: Capital raising to fund Arunta West drilling. Norwest’s CEO, Mr. Charles Schaus commented: “The high demand from investors to participate in Norwest’s recent capital raising attests to the quality and prospectivity of the Malibu, Duck and Tamba critical mineral drill targets(1). These exciting geophysical and structural features, underpinned by 2022 soil geochem anomalies, will soon be tested by a 120-hole drilling program. We have secured funding to cover the entire drilling program in the exciting West Arunta district on ground nearby other REE prospectors such as WA1 Limited (ASX: WA1), Encounter Resources Limited (ASX: ENR) and Rincon Resources Limited (ASX: RCR).” 1 ASX: NWM – Announcement 26 June 2024, ‘Copper-gold target added to West Arunta critical mineral drilling program” #NorwestMinerals #copper #rareearths #stocks #asxmarket #ASX $NWM

LAURION Announces 2024 Field Exploration Plans and Updates on Ishkõday Project  TSX.V : LME OTC : LMEFF LAURION provides an update of its 2024 drilling program and field exploration program which has commenced at the Corporation’s Ishkõday Project. See link - https://lnkd.in/g4bgERXC LAURION continues to strengthen its extensive geoscientific database to unearth new discovery zones exhibiting substantial strike and down-plunge potential. Advancing the Ishkõday project within the framework of our five-part model for foundational growth projects underscores our commitment to resilience and enhances shareholder value. LAURION is a mid-stage junior exploration and development company, focused on maximizing shareholder value through the exploration, development and disposition of its wholly owned 57km2 flagship ‘brownfield’ Ishkõday Gold and Polymetallic Project located 220km North-East of Thunder Bay, Ontario Canada. Cautionary Note: https://lnkd.in/gYRd24X   #privateequity, #miningnews, #drilling, #investing, #goldmining, #mining, #familyoffices, #news, #production, #markets, #team, #ESGinvesting, #ESG, #EV, #Gold, #Silver, #Copper, #Zinc, #stage, #environmental, #development, #Canada, #project, #geology, #prospecting, #teamwork

EXPLORATION POTENTIAL CASTS NO SHADOW OF DOUBT | Maritime Resources Corp.'s (TSX.V: MAE) recently acquired Point Rousse asset offers huge potential as the identification of high-grade gold targets and previously permitted infrastructure creates capital and developmental advantages for this resource. “This strong pipeline of exploration projects will be the foundation of a hub and spoke business model that we plan to implement across the Baie Verte district.” – Garett Macdonald, President & CEO of Maritime Resources. Please read the press release below, or visit https://lnkd.in/gwwRVzbN, for further details on Maritime's 2024 exploration program. https://lnkd.in/gT4wCMcN #juniormining; #explorationandproduction; #investment; #goldmining; #growth

Western Alaska Minerals (TSX-V: WAM) is venturing into new frontiers in both their Waterpump Creek and Illinois Creek properties. For all the details, check out their latest Investor Update!👇

LAURION's Drilling Campaign: Exciting Insights Await from Fresh Drill Core. Sean Hicks and Luc Harnois of LAURION's very competent Technical team, handling the unloading of core boxes, a preliminary task integral to our operations following the previous night's drilling shift. With utmost care, the core, now consistently frozen, undergoes a thawing process that takes a few hours upon placement onto the benches. LAURION Mineral Exploration Inc. stands as a mid-stage junior exploration and development company committed to optimizing shareholder value. Our primary focus lies in the exploration, development, and strategic disposition of our flagship 'brownfield' Ishkoday Gold and Polymetallic Project, spanning 57km². Positioned 220km North-East of Thunder Bay, Ontario, Canada, this project holds potential for growth and profitability. Cautionary Note: https://lnkd.in/gYRd24X   #privateequity, #miningnews, #drilling, #investing, #goldmining, #mining, #familyoffices, #news, production, #markets, #team, #ESGinvesting, #ESG, #EV, #Gold, #Silver, #Copper, #Zinc, #stage, #environmental, #development, #Canada, #project, #geology, #prospecting, #teamwork

Ora Gold Limited (ASX:OAU), a Western Australian gold explorer, is pleased to provide shareholders and investors with an exploration and operations overview to accompany the Appendix 5B for the quarter ending 30 June 2024 Commenting on key outcomes for the Quarter, Ora CEO, Alex Passmore said: “We are very pleased to report on another busy quarter of positive achievements at the Company’s Garden Gully Gold Project. The Westgold Strategic Alliance entered into in May will facilitate the rapid development of the Crown Prince Prospect and will leverage off Westgold’s experience and resources in the region. On the ground activities have been focussed on delineating new ounces to add to the Company’s resource inventory and other drilling to facilitate the technical work required to move Crown Prince into production. Environmental surveys and sterilisation drilling have been completed with site layout design well advanced. Geotechnical and hydrogeological drilling is ongoing. The coming 3 months will see many of the technical work streams for the development of Crown Prince finalised and we look forward to updating the market on the outlook for production as these come together.” Read more: https://lnkd.in/gFQKviwV