Raiden Resources Limited (ASX:RDN) has secured 100% of Mt Sholl Project's mineral rights, including LCT and Ni-Cu-PGE, after acquiring Welcome Exploration's 20% stake in 12 tenements ⛏️🤝 "This transaction not only provides the Company with 100% exposure to the potential LCT mineralisation on the project, in what has become an emerging LCT district and where the Company has recently demonstrated the potential for lithium mineralisation by defining multi-kilometre lithium in soil anomalies, but also provides the Company with 100% exposure to the Mt Sholl Ni-Cu-PGE deposit" "While management has recently focused on lithium exploration throughout its portfolio in the Pilbara, we believe that the Mt Sholl Ni-Cu-PGE deposit represents significant potential to unlocking a district scale Nickel-Copper camp" "Having also secured a 100% position in the base metal rights, the Company is in a position to also consider strategic options and partnerships as a means for advancing the Mt Sholl Ni-Cu-PGE deposit," - Raiden Resources Managing Director Dusko Ljubojevic #ASX #Investing #Lithium #Mining #LCT Subscribe to the weekly Stock Market Newsletter www.themarketbull.com.au https://lnkd.in/eR5ED5qj
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We are pleased to announce we have entered an option agreement to purchase up to 80% of two additional exploration licenses at the Lake Johnston pegmatite field in Western Australia’s southern Goldfield’s region. Asra has a 6 month exclusive option period to evaluate the two license areas and if proceeding, will own 51% and commence a JV with the vendor with the rights to increase to 80% ownership. Asra's Managing Director Rob Longley said "recent lithium bearing pegmatite discoveries, and investment by Rio Tinto into the Lake Johnston area, validates the districts enormous critical mineral potential, and its vastly under-explored status." Read the full announcement below 👇 https://lnkd.in/gnajKJRa #exploration #mining #lithium #westernaustralia #goldfields
ASRA ADDS HIGHLY PROSPECTIVE LITHIUM GROUND TO ITS SOUTHERN HUB IN WA
wcsecure.weblink.com.au
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Pan Asia Metals secures options in Chile’s Tama Atacama lithium project Pan Asia Metals (ASX:PAM) announced last week that it has secured the option to buy Chile’s Tama Atacama lithium project. Tama Atacama project is a lithium brine project that is considered to be one of the largest South American lithium resources. The project which covers around 1200 km2 is over three salt flats and consists of Dolores North, Dolores South, Pozon and Pink project. In addition to this Pan Asia is also acquiring the north half of the Ramatidas project. In the next 5 years, multiple structure payments will be involved in this acquisition, as well as it is expected that this deal will catalase several strategic moves at the Chilean lithium stage. Such moves involve the recent purchase of early-stage Li brine assets by Eramet SA, CODELCO – Corporación Nacional del Cobre de Chile’s acquisition of Lithium Power International Ltd (ASX: LPI). and its Maricunga Li brine assets, moves by Australian and Chinese processors to build lithium conversion plants in the South American country, and recent indications from BASF, BYD, and tsingshan holding group that they plan to build lithium conversion plants in Chile. Tama Atacama is considered a high lithium concentration deposit with a strategic positioning that has been indicated by Paul Lock: “The Tama Atacama Lithium Project has the potential to be one of the largest lithium brine projects in the global peer group. Surface assays for lithium are extremely high and the project has enviable strategic positioning, with all infrastructure requirements satisfied.” Geophysics and drilling is expected to start in the early 2024. The company currently holds talks with potential strategic partners and expects to establish communication with the Chilean government which recently formed a new state-controlled lithium partnership. The Partnership combines assets of CODELCO – Corporación Nacional del Cobre de Chile and SQM. The partnership is the idea of Chile’s President Gabriel Boric for greater public control over the lithium deposit. At this point, we would like to inform and invite everyone to the CESCO Week which will be held 15-19.04.2024 in Santiago de Chile. CESCO it is one of the leading copper mining events globally, which brings together the highest authorities and leaders of the industry each year. Morover the WMC/IOC meeting will take place on 14.04.2024 in Santiago de Chile. #mining, #miningindustry , #lithium, #chile
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#ASXNews 56% INCREASE IN GLOBAL RESOURCE SALINAS LITHIUM PROJECT JORC MRE NOW - 70.3Mt @1.27% Li2O Latin Resources Limited is pleased to provide an update on the Colina Deposit Mineral Resource Estimate and Fog’s Block Mineral Resource Estimate at the Company’s 100% owned Salinas Lithium Project in Brazil. • 41% increase to the Colina Deposit Mineral Resource Estimate to 63.5Mt @ 1.3% Li2O, placing it amongst one of the largest scale Tier-One undeveloped #lithium resources globally. • Colina MRE now at 63.5Mt @ 1.3% Li2O above a cut-off of 0.5% Li2O (including 1.7Mt @ 1.5% Li2O Measured + 39.3Mt @ 1.4% Li2O Indicated + approximately 22.5Mt @ 1.2% Li2O Inferred) • Maiden Inferred Resource Estimate defined at Fog’s Block for approximately 6.8Mt @ 0.9% Li2O. • Global MRE (Colina and Fog’s Block) provides for 70.3Mt @ 1.27% of Li2O. • Close spaced infill drilling at Colina has resulted in a significant uplift of grade in both Measured and Indicated JORC resource categories. • Significant upside growth potential identified at Fog’s Block, with SGS confirming an independently estimated JORC Exploration Target Range of 7.0 to 18.0 Mt at grade ranging from 0.8% to 1.1% Li2O1 displaying Salinas’ potential target of over 80Mt with further #drilling. • The substantial increase of the MRE will have a significant positive effect on the economics within the Definitive Feasibility Study due for completion in mid-2024. The initial Preliminary Economic Assessment mining plan allowed for a Phase 1 production commencing in 2026 with Phase 2 average production of 525,000 tpa SC5.5 and 159,000 tpa SC3 commencing 2029. The increase of MRE will now include a phase 3 extension and expansion to production which will be evaluated in the DFS. #LRS’ Managing Director, Christopher Gale, commented: "What a great effort from our exploration team. Another significant milestone met with our upgraded MRE to over 70Mt. This Project is fast becoming a Tier One lithium resource as we predicted. We are also very encouraged by the consistent uplift in grade as we infill drill. This is a great sign of a quality mineral resource. “The increase in size of the JORC resource will have an extremely positive impact on our DFS economics as the resource increase allows us to evaluate building phase 3 of the project lifting output significantly.” Full announcement: https://loom.ly/819qMNU #LatinResources #ASX
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Kenorland Minerals Ltd. (KLD-V) Kenorland Minerals receives UL 2723 ECOLOGO certification for mineral exploration companies Kenorland, on February 26, 2024, announced that is has received UL 2723 ECOLOGO® Certification for Mineral Exploration Companies ("UL ECOLOGO®"). The certification confirms Kenorland’s ability to have better relationships with its stakeholders, contributing to the social acceptability of its portfolio of projects. The UL ECOLOGO® is a comprehensive certification for mineral exploration companies and its service providers to ensure the highest standard of responsible environmental and social practices. Kenorland's exploration strategy is to diligently advance greenfields projects through systematic, project-wide, phased exploration surveys financed primarily through exploration partnerships including option to joint venture agreements. Kenorland holds, among other, a 4% NSR royalty on the Frotet Project in Québec which is owned by Sumitomo. The Frotet Project hosts the Regnault gold system, a greenfields discovery made by Kenorland and Sumitomo Metal Mining Canada Ltd. in 2020 (see: https://lnkd.in/eu4ef73H and https://lnkd.in/ekVAA5Je). See end of: https://lnkd.in/eCMrpXbS https://lnkd.in/eJq92GY2 #ecologo #exploration #discovery
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Acquisition of a 50% interest in a portfolio of exploration licenses in Brazil from Foxfire Metals has been completed. The portfolio of projects includes 10 exploration licenses in locations hosting world-class REE Ionic Adsorption Clay deposits and significant lithium spodumene resources. The first phase exploration program will commence at Caldera REE Project this month with initial activities in the Lithium Valley to follow later in 2024. Managing Director, Jim Malone commented, “This is a great milestone for Si6 and its shareholders, which now include Foxfire Metals, who we welcome and look forward to working with. The Company is excited about commencing the initial exploration program at the highly prospective Caldera REE Project located close to significant REE discoveries by ASX-listed companies, Meteoric Resources (ASX:MEI) and Viridis Mining and Minerals (ASX: VMM). This program will be closely followed by a program in the Lithium Valley which is host to Latin Resources (ASX: LRS) and Sigma Lithium Corporation (NASDAQ: SGML), to name a few success stories. The Lithium Valley program will take place close to S-Type G4 supersuite granites that are typically known to host lithium in spodumene bearing pegmatites. We look forward to emulating the success of our peers in both the Caldera area and the Lithium Valley.” Read: https://lnkd.in/g2R5rzfe $SI6 #SI6 #REE #lithium #exploration #asxnews #Brazil
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🇨🇦 ⛏️ Noble Mineral Exploration (TSX-V: NOB) and Canada Nickel Company (TSX-V: CNC) Announce Spin-out of Mann Twp JV and Acquisition of Eastern Exploration Properties Highlights 🔸Noble has exercised all underlying options with Optionors on the Mann Twp properties 🔸Consolidation of the Canada Nickel-Noble joint venture in Mann Township into a single private company for a future public listing 🔸Transfer by Canada Nickel of several exploration properties east of Timmins 🔸Transfer by Noble of several mining claims and patented mineral properties to Canada Nickel, as well as the right acquire surface rights that could be used within and around the Crawford Project 🔸Provision of certain non-dilutive exploration funding requirements to be provided to the private company by Canada Nickel 🔸Both Canada Nickel and Noble will retain their respective NSR’s and NSR buy back rights where applicable Vance White, CEO of Noble said, “We felt that consolidating the eastern properties into a separate exploration company would maximize the value of the Mann Twp properties without incurring significant upfront dilution to Noble, and at the same time gain exposure to additional identified nickel sulphide targets in the Timmins camp in which Noble currently has no interest. ExploreCo will control ~1,989 mining claims totaling over 42,000 ha and will include Reaume, Mann and Newmarket Townships as well as McCool, Moody, Galna and other properties currently held by Canada Nickel. Noble will vend its interest in Project 81, together with the right to acquire surface rights over Project 81. For properties transferred from Noble to Canada Nickel, Noble will retain a 5-year exploration right to any non-nickel exploration target therein. This 5-year exploration right will be subject to an annual exploration right thereafter upon both parties’ consent. Noble intends to use its best efforts so that -upon ExploreCo going public, a portion of Noble’s holdings in ExploreCo will be distributed to Noble shareholders in order that they may have a direct benefit as ExploreCo advances all underlying properties to the development stage, although that is a future event and we cannot provide any assurances that this will be done”. 📈TSX-V 🇨🇦 NOB - OTCQX 🇺🇸 NLPXF - FRA 🇩🇪 NB7📈 #Nickel #Mining #Exploration #Canada #Basemetals #CriticalMinerals #BatteryMetals #Miningstocks #Stockstowatch #Smallcapstocks #Stockmarketinvesting #Investments #Investors #TSXV #Stocks #Resource #Investing #Juniormining For more information visit https://lnkd.in/gF9i8Z95
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Head of Growth @ Empire Wealth Management - Hiring A* cold calling and DMing appointment setting specialists to help us launch new global projects in finance/asset management! DM me for the job spec.
Had an awesome chat with Bart Jaworski CEO at Group Eleven Resources a Canadian Listed Mining "Exploration" Company looking for base metals in Ireland! An exploration company searches for; and identifies areas of land which are prospective for natural resources to be mined in the future. They drill exploration holes looking for things like stratigraphy (layering), faulting and if lucky, presence of resources. Bart co-founded Group Eleven 9 years ago and it's showing promising results so far with a big Zinc discovery in Limerick! Companies like Group Eleven have huge potential now due to the commodities bull market and the ever increasing demand for green tech. Whilst exploration companies are not without their risks, they have huge upside potential for investors if you chose the right ones - a great team and a steady stream of drilling results (which Group Eleven has in store in 2024) is a good sign. Check out their investment page here -> https://lnkd.in/eTvWjHYG #investing #mining #metals
Advanced Stage Zinc Exploration in Ireland
groupelevenresources.com
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via StockHound Black Canyon Limited has recently made a significant announcement regarding its Balfour Manganese Field (BMF). #BCA has completed two JORC 2012 Exploration Target Estimates (ETE) for the Pickering and Balfour East prospects. These estimates reveal a total of ETE estimated between 160 and 215 million tonnes, at 11 to 12% manganese content. This discovery places the BMF among the few substantial deposits outside of Africa, situated in a mining-friendly region like Western Australia. The ETE is an addition to the Global Mineral Resources already identified across BMF projects, totalling 314 million tonnes at 10.5% #manganese, containing 33.1 million tonnes of manganese. Learn more: https://loom.ly/aLR2dMA #BlackCanyon #ASX
Black Canyon Unveils Growing Manganese Exploration Target Estimates | StockHound
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Canadian 🇨🇦 Mining ⛏️ News Noble Mineral Exploration (TSXV: NOB) Announces Canada Nickel Company (TSXV: CNC) Exercising its Option on Noble’s Mann Township Property Highlights - Canada Nickel is exercising its option to earn an 80% of the Mann Township mining claims (~11,000 ha) with Noble retaining a 20% interest, - The property Includes Mann Northwest, Central and Southeast properties that cover a combined 25 km strike length of nickel-bearing ultramafic rocks, - Northwest and Central will advance to resource delineation programs while Southeast will be drilled for the first time, all during the 2024 exploration season. The option terms included: (i) Exploration expenditures of $1.7 million on the Property (completed), (ii) Cash payment to Noble of $350,000 (made), (iii) Annual cash payments to Noble of $100,000 (payments are current), (iv) Underlying NSR rights to previous claim optionors and to Noble (to be registered). (See Noble’s news releases of February 24, 2022 for a more in-depth review of the option terms.) Vance White President and CEO of Noble commenting on the exercise of the option said, “We are very pleased for Canada Nickel to be earning the 80% interest in the Mann Project, and also pleased with the exploration results encountered to date. We very much look forward to seeing how the project is to be advanced. ” 📈TSX-V: NOB - OTCQX: NLPXF - FRA: NB7📈 #Nickel #Mining #Exploration #Canada #Basemetals #CriticalMinerals #BatteryMetals #Miningstocks #Stockstowatch #Smallcapstocks #Stockmarketinvesting #Investments #Investors #TSXV #Stocks #Resource #Investing #Juniormining For more information please visit ⬇️ https://lnkd.in/gtWWgq59
Noble Announces Canada Nickel Exercising its Option on Noble’s Mann Township Property
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We are pleased to be advising on forward initiatives around Kincora Copper Limited's very significant copper-gold asset portfolio in the world-class Southern Gobi copper belt, Mongolia. This region is a rapidly emerging source of new copper supply and with an existing 426Kt copper and 437Koz gold resource inventory, plus significant exploration target, on a small portion of one of three underexplored porphyry complexes, this portfolio offers genuine Tier-1 potential. Coupled with a fully operational mining camp, Mongolia based team on the ground and large scale walk up drill targets (both green and brownfield) the portfolio offers unique leverage to the copper price moving forward and it would be hard to find a better in-country entrée than this on a global basis. Key highlights include: • 100% interest and district-scale project portfolio (175sqkm) • Three underexplored, large and near surface porphyry intrusive complexes (smallest > 2.5 x 4.5km) • Maiden 194Mt JORC Mineral Resource Estimate and further 100-300Mt exploration target on a small, and considered less prospective, section of one of these intrusive complexes • Oxide resource on a mining license offering near term development potential • Established in-country team of experienced geologists with supporting infrastructure and Ulaanbaatar office • Year-round field camp • One of, if not the largest, proprietary databases held by a western group for new opportunities in Mongolia A high impact, modest cost 2024 field program is proposed, including resource expansion and new discovery drilling, coupled with gaining a second mining license and advancing desktop studies for an open cut oxide development project. This opportunity presents as a potential ‘company maker’ for the right group. With Kincora’s focus on progressing their core Australian assets there is flexibility for how new groups might be involved in taking the opportunity forward. A comprehensive slide deck is available at https://lnkd.in/gxJ_gfJY
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