Torque Metals’ Post

via StockHound Torque Metals has today revealed an exciting maiden Exploration Target for its wholly owned New Dawn Lithium Project, located merely 600m east of the Bald Hill #Lithium mine. With an estimated 8-14 million tonnes grading at 1.0-1.2% Li2O, this update highlights the projects potential and sets the stage for an initial Mineral Resource Estimate. The Exploration Target, covering only 40% of two key mining licenses, hints at significant expansion possibilities, reinforcing #TOR’s commitment to advancing its lithium prospects in Western Australia’s mineral-rich gold fields. Learn more: https://loom.ly/1fH4L4s #TorqueMetals #ASX

The Northern Territory (NT) Government has announced its mineral exploration spending for 2023 increased by 14 per cent compared to the 2022 total spend. According to new data, mineral exploration expenditure in the NT for 2023 equalled $228.1 million compared to $199.9 million spent in 2022, making 2023 the largest year for exploration the NT has seen in over a decade. Read more here > https://ow.ly/KAnc50R2UKr #Mining #MiningNews #Exploration

Dive into the dynamic mining landscape of the Central Andes, a key player in the global copper and gold markets. Explore how Sendero Resources' Peñas Negras Project in the Vicuna District is setting the stage for a major exploration program in 2024, leveraging rich historical data and expert leadership. Discover how this project could reshape the mining industry's future. #Mining #CentralAndes #Exploration #GoldCopper Sendero Resources https://bit.ly/4aBXTLi

Drilling for Koula underground mining potential has resulted in several high-grade intersections. This includes 68.0 g/t Au over an estimated true width of 2.1 m in SGRD1783, as part of a larger interval of 22.5 g/t Au over an estimated true width of 9.8 m, highlighting the opportunity for underground mining.

The AMEC (Association of Mining and Exploration Companies) is urging the mining industry to keep its exploration momentum going. #AustralianMining #mining #resources #minerals #greenfield #brownfield #exploration #expenditure #spend #abs #statistics #figures #amec

via The Market Bull - Daily Stock News Torque Metals Limited have identified a maiden Exploration Target at its New Dawn Lithium Project, strategically located 600 metres west of the active Bald Hill #Lithium #Tantalum mine operated by Mineral Resources Limited, demonstrating the potential of the area for lithium mineralisation. The identification of the Exploration Target highlights the potential for continued lithium mineralisation along the New Dawn trend, and is beneficial in guiding #TOR towards an initial Mineral Resource Estimate. The Exploration Target additionally only covers 40% of two development-ready Mining Licences, demonstrating the underlying expansion potential after more #drilling. The estimated range of the Exploration Target, in accordance with JORC 2012, is 8 – 14 million tonnes grading at 1.0 – 1.2% Li2O. Learn more: https://loom.ly/dcUrOeI #TorqueMetals #ASX

🌟 Jordan's mining sector is booming! 💎 With over 8,600 workers contributing to the industry, Jordan's Ministry of Energy and Mineral Resources spearheads efforts to position the country prominently on the global mining map. Are you excited about the potential opportunities this growth in mineral exploration could bring to the region? Share your thoughts below and let's discuss how this could shape Jordan's future! 🤔 #Mining #JordanMining #GlobalExploration #MiningJobs

Resource investors new to the market might see quite a few unfamiliar phrases in news releases. Prefeasibility and feasibility studies are definitely two key mining terms to know. Prefeasibility and feasibility studies are inherently linked to each other — understanding their differences creates a clearer idea of what they are and how they’re used. Their key similarity is that they represent milestones for mining and exploration companies.

Debswana Diamond Company, the mining joint venture between the Government of the Republic of Botswana and De Beers Group, today announced that its Board has approved the commencement of the Jwaneng Underground Project’s crucial phase, which is the Exploration Access Development. The Jwaneng Underground Project is implemented in four phases; being, Early Works (which started in 2022); Exploration Access Development, Phase 1 Mining and Phase 2 Mining. The Board’s approval for the second phase marks a significant milestone, initiating the journey towards underground mining at Jwaneng Mine, with this Exploration Access Development phase scheduled to commence in May 2024 at a cost of BWP 13.6 Billion. The entire project is estimated to cost tens of billions of pulas , to build the biggest underground diamond mine ever, the likes of which the world has never seen before. https://lnkd.in/gFfNf3mT

The Association of Mining and Exploration Companies (AMEC) reveals statistics on Australia’s mineral exploration expenditure showing it is costing more to do less. https://lnkd.in/gbxqxKH7 #exploration #expenditure #minerals #australia #mining