Kavango Resources PLC (LSE:KAV) announces major gold discovery at Nara Project - 293,000 tonnes Indicated & 11,900 tonnes inferred, paving the way for early commercialisation🇧🇼📈 "This Maiden Resource Estimate for gold for the Nara tailings dumps is the first Mineral Resource Estimate Kavango has delivered. It's a milestone moment for our company and reflects the speed at which we are growing in Zimbabwe" "Given that this is a tailings dump, all material has already been mined and there are no further mining costs. The Resource Estimate and high resource category achieved underline the commercial potential at Nara" "While our primary objective is to discover larger-scale, bulk mineable gold deposits, the 6,000 ounces of gold in the main tailings dump present an early opportunity for commercialising this project" "The free cash flow we could generate from processing the gold in the Nara tailings can help fund both our development of this project and our wider exploration across Zimbabwe's highly prospective, under-explored greenstone belts. We will now commence metallurgical test work to optimise plant design to enable future gold production," - Kavango Resources Chief Executive Officer Ben Turney #LON #Mining #Investing #Copper #Gold #Botswana Subscribe to the weekly Stock Market Newsletter www.themarketbull.com.au https://lnkd.in/guuBK6hx
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Cyprium Metals Limited (ASX: CYM) has made a shallow high-grade copper discovery near Cue at the Heeler prospect, around 10 kilometres southwest of its Hollandaire copper-gold deposit in Western Australia's Murchison Province. Sitting within Cyprium’s portfolio of exploration assets, the Heeler prospect is on tenements at the Cue joint venture with Ramelius Resources Ltd (ASX:RMS. The project is operated by Cyprium, who owns 80% of the rights to base metals with 20% owned by Ramelius. Cyprium is encouraged by a drill intercept of 15 metres at 3.26% copper, 0.70 g/t gold, 7.4 g/t silver and 151ppm cobalt from 70 metres downhole in drill hole 24CURC004. This included a 7-metre intercept at 5.04% copper, 0.81 g/t gold, 11.4 g/t silver, 197ppm cobalt and 0.11% nickel from a depth of 71 metres. More at #Proactive #ProactiveInvestors #ASX #OTC #CYM #CYPMF http://ow.ly/yb9F105ipRA
Cyprium Metals makes shallow high-grade copper discovery at Cue JV’s Heeler prospect
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Nagambie Resources Limited has booked a much-anticipated resource at its namesake project and unfurled 415,000 tonnes at 3.6 grams per tonne gold and 4.23 per cent antimony from northern Victoria. Maiden in-ground metals represent 153,000 ounces of gold-equivalent with an average resource grade sitting 230 per cent above the mineable 5g/t cutoff, and Nagambie is confident continued drilling can increase the resource in both size and quality. “The announcement of this maiden JORC Resource for the high-grade discovery is a watershed moment for the Company. It comes in the context of recent all-time record-high gold prices and strong prices for antimony, an essential metal for military uses and high-performance solar panel manufacture." - Nagambie Chairman Tom Quinn #Exploration #Antimony #Gold
Nagambie (ASX:NAG) ascends on maiden Victorian gold-antimony resource
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Viking Mines has completed an updated JORC (2012) Mineral Resource Estimate (MRE) report for the Canegrass Battery Minerals Project in Western Australia. The MRE has proven highly successful, with a 103% increase in the contained V2O5 to 2.2 Billion Pounds within the total MRE (>0.5% V2O5) of 146Mt at 0.70% V2O5, 31.8% Fe & 6.6% TiO2. Significantly, a high-grade subset of the MRE contains 27.5Mt at 0.87% V2O5, providing the basis to move forward and commence with a Scoping Study on the Project. The opportunity to produce a direct ship Iron Ore concentrate from the Project with credits for #Vanadium content to be investigated by the Company. Discover more: https://loom.ly/cbWlUCA #VKA #VikingMines #ASX
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Our Managing Director Joe David provides a breakdown of the recent drilling results we announced at the Cleveland Project. Highlights from the announcement include: Drill assays confirm large #tungsten mineralisation over 465.9m (above a cut-off grade of 0.1%) including a single continuous zone of 319.5m @ 0.18% WO3 from 772.4m (downhole) Multiple higher-grade zones of tungsten (~0.24-1.6% WO3) identified throughout the broader tungsten mineralisation within the Foleys Zone. Significant co-mineralisation of Critical Minerals intersected within the tungsten mineralisation, including high-value minerals; #rubidium, #molybdenum, fluorspar/fluorite and #bismuth. Rubidium, as Rubidium Carbonate, currently trades in the range of ~US$1,100/kg (~US$1.1M/t). Read the recent announcement here https://lnkd.in/gTN4wqhb #Elementos #ELT #TinMining #Fluorite #ClevelandProject #MineralExploration #Drilling #MiningNews #CriticalMinerals #Tasmania #ASX #Tin #Copper
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🚨Asian Battery Metals PLC (ASX: AZ9) Confirms Massive Sulphide Mineralisation in Phase 1 Drilling 🚨 📢 Asian Battery Metals PLC (ASX: AZ9) has confirmed massive sulphide mineralisation at the Yambat Project in Mongolia, marking a significant milestone in the Phase 1 drilling program. With over 2,896 metres drilled, this discovery is a major advancement in the exploration of high-grade Cu-Ni mineralisation! 🛠️🌍 Key Highlights: 🔹 OVD021 encountered a massive sulphide interval of 8.8 metres from 107.2 metres! (Assays pending) 🔹 Mineralisation confirmed across multiple intervals at the Oval Cu-Ni Prospect 🧲 🔹 The strike length now exceeds 800 metres, demonstrating the project’s robust potential 🔹 High-resolution magnetics and ongoing DHEM surveys are further refining the next drilling targets 🎯 Industry Insight: The Global copper-nickel alloys market is projected to reach US$5,989.37 million by 2028, growing at a CAGR of 5.7% from 2022 to 2028. This positions discoveries like Yambat as crucial contributors to the evolving demand in the Cu-Ni market, especially with the increasing focus on the energy transition. What’s Next? Exploration efforts are set to continue into Q4 2024, with Phase 2 already in planning, targeting deeper, high-grade mineralisation zones. 💬 “The massive sulphide intercept at OVD021 confirms the potential for high-grade ores. This is a major breakthrough, and further data will support future stages of exploration,” says Managing Director Gan-Ochir Zunduisuren. Read Announcement Here: https://bit.ly/3XtENRR 🔗 Stay tuned for more updates at www.asianbatterymetals.com! #AZ9 #ASX #AsianBatteryMetals #CuNiMineralisation #YambatProject #SulphideMineralisation #MiningExploration #Phase1Drilling #MassiveSulphides #CopperNickel #BatteryMetals #EnergyTransition #MiningIndustry #MineralDiscovery #MongoliaMining #ResourceExploration #HighGradeOres #MiningInvestment #SustainableMining #MetalsMarket #MiningUpdates #DrillingResults
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Exciting Times at Litchfield Minerals Litchfield Minerals is set to unlock the potential of the Oonagalabi Cu-Zn-Au deposit! Historical drilling has defined a mineralised system stretching 1.5 km, but the real opportunity lies in what’s been overlooked. In 2008, induced polarisation (IP) surveys identified large anomalies that were never drilled, leaving significant areas untested. With known targets and new IP anomalies, we’re ready to expand the mineralised zone and possibly uncover substantial new deposits. With a potential strike of over 3km, The scale of the opportunity could be far greater than previously realised, setting us up for potential major discoveries and growth. Best Historical Drills •36.6m @ 1.0% Cu and 1.7% Zn (PDH-L, from 1.5m) •20m @ 1.71% Zn, 0.24% Cu (ONT79-2, from 200m) •24m @ 1.5% Zn and 0.64% Cu (RPO-2, from 138m) •12.2m @ 2.19% Zn (PDH-B, from 4.6m) •5m @ 1.26% Cu, 1.22% Zn (ONT79-1, from 70m) Read full announcement here https://lnkd.in/gv7gNgnK Join us as we continue our journey in developing these high-potential assets! #Mining #Exploration #Copper #Zinc #Gold #Growth #Opportunities #MineralDiscovery #LitchfieldMinerals
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Tennant Minerals has released its March 2024 Quarterly Report. #TMS has maintained its primary focus on the high-grade Bluebird #Copper #Gold discovery at its 100%-owned Barkly Project in the Northern Territory. The Bluebird discovery is one of the most significant discoveries of Tennant Creek style iron-oxide hosted Cu-Au mineralisation in over 20 years. During the Quarter, the Company released exceptional results from drilling conducted late in 2023, further demonstrating the continuity of high copper and gold grades at Bluebird. The Company also released highly promising results from early metallurgical test work, which indicate that high-grade copper and gold concentrates can be extracted from the mineralisation at Bluebird with high recoveries using industry-standard flotation and gravity techniques. Read full report: https://bit.ly/3QnHYb0. #exploration #ASX #TMS
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📌West Cobar Metals Limited (ASX: WC1) - Outstanding Drill Results at #SalazarProject, 120 km north-east of Esperance in southern WA. ✅ 📢West Cobar Metals’ Managing Director, Matt Szwedzicki, commented: “These excellent drill results demonstrate that our #Newmont deposit stands out as a unique high grade critical minerals project. The drilling supports our belief that Newmont deposit extends south beyond the current resource envelope. Our focus now will be to integrate the recent drill data to produce an updated Inferred Mineral Resource for the Newmont deposit. In parallel the Company will utilise the recent results and evaluation of the extensive geophysical database inherited from previous explorers to home in on the exciting copper exploration potential of our Fraser Range tenements.” Highlights: 🔸All results have now been received from the 63-hole aircore drill program at the Salazar Critical Minerals Project 🔸Extensive high grade critical mineral intercepts in near surface saprolite from recent drilling campaign at Salazar include: - 21m of 2,775 ppm TREO, 6.1% TiO2, 59 ppm Sc from 10m in SZA 306 - 13m of 1,455 ppm TREO, 7.5% TiO2, 88 ppm Sc from 12m in SZA 307 - 20m of 1,439 ppm TREO, 3.7% TiO2, 48 ppm Sc from 5m in SZA 299 - 11m of 1,355 ppm TREO, 5.4% TiO2, 58 ppm Sc from 10m in SZA 296 🔸Exceptional intercepts of TiO2 include: - 9m of 9.2% TiO2 from 12m in SZA307 - 14m of 7.4% TiO2 from 10m in SZA306 - 7m of 6.2% TiO2 from 11m in SZA296 High grade Scandium intercepted, including: - 7m of 112 ppm Sc from 1m in SZA307 - 7m of 106 ppm Sc from 12m in SZA297 🔸High grade aluminium intercepts such as 10m of 34.0% Al2O3 (18.0% Al) from 10m in SZA297, support the current Alumina Mineral Resource 🔸These results support potential extensions of existing Mineral Resources to the south of the Newmont deposit. The current Mineral Resources (JORC 2012) at the Newmont deposit are: - Rare earth elements – 83 Mt at 1117 ppm TREO (Indicated + Inferred, 600 ppm TREO cut-off) - Titanium dioxide - 29 Mt of 5.01% TiO2 and 942 ppm TREO (Inferred, 2% Ti cut-off) - Alumina - 4 Mt at 29.6% Al2O3, (Inferred, 15% Al cut-off) potentially suitable to be upgraded to a high purity alumina (HPA) feedstock - Scandium - 12 Mt of 103 ppm Sc (Inferred, 75ppm Sc cut-off) 🔸Preliminary copper reconnaissance AC drilling intercepted anomalous intersections of up to 26m of 601 ppm Cu (in SZA337 from 58m) demonstrating copper mineralisation in the vicinity 📌Read more: https://lnkd.in/gtXVi2jj Robert Klug Matt Szwedzicki David Pascoe Craig McNab #mining #exploration #miningstocks #investment #asx #asxnews #investors #shareholders #stakeholders #DYOR #WC1 Samso - Compelling ASX Stories Noel Ong #SamsoInsights on Patreon: https://hubs.ly/Q02qQLCT0 🎦 #CoffeeWithSamso Ep. 196 https://lnkd.in/gyTyJB8u https://lnkd.in/gyTyJB8u
Salazar Critical Minerals Deposit - A Scandium Story | West Cobar Metals Limited (WC1) | Ep 196
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Talon Metals Corp. (TSX:TLO, OTC:TLOFF) announced assay results from various new drill holes within the 'Raptor Zone' at its majority-owned Tamarack nickel-copper-cobalt project in Minnesota, which included 2.2 metres (m) of 9.31% #nickel equivalent. The base metals company said the Raptor Zone lies to the north of its Resource Area and represents a new area with the potential for significant exploration upside at the Tamarack project. Talon noted that drilling to date suggests 250m of continuous high-grade nickel-copper mineralization in the Raptor Zone. As well, the company stated that the potential for a new resource from the Raptor Zone has increased and further drilling is planned throughout 2024 with the goal of expanding the mineralization in this new and previously untested area. More at #Proactive #ProactiveInvestors #TSX #OTC #TLO #TLOFF http://ow.ly/Pr1n10593Hh
Talon Metals drills high grade nickel equivalent at Tamarack project in Minnesota
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🚨 Pallas Acquires the Bor Sediment-Hosted Copper Project in partnership with Global Copper Major 🚨 ➡️Pallas has been granted a new sediment-hosted copper licence, the Bor Project (89km2). ➡️Bor is located in the Chu-Sarysu basin, one of the largest and best-endowed sediment-hosted copper basins globally. ➡️The project was acquired under exploration partnership with First Quantum Minerals, an alliance formed to target world-class copper systems. ➡️Bor is considered highly prospective, targeting an undercover host horizon which coincides with major structural intersections akin to those found at the basins largest deposit, the Tier 1 Dzhezkazgan Mine (2.0Bt @ 1.1% Cu for 22MtCu, mined for 100+ years). ➡️The acquisition increases Pallas’ total landholding within the Chu-Sarysu basin to 693km2 - a strategic footprint in a globally significant copper basin. For more info visit -> https://cutt.ly/iw4kshab To subscribe to our newsletter ->https://cutt.ly/Rj3J45b
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