Trinex Minerals Limited’s Post

#ASXNews Widespread High-Grade Lithium Assays Received From Halo-Yuri Trinex Minerals Limited is excited to announce that results from the first two of three batches of surface samples taken from the Halo-Yuri Lithium Project in the Northwest Territories, Canada have been received. • Assay results from the first two batches of pegmatite outcrops and boulder samples taken in the northern half of the Halo-Yuri Project have confirmed the presence of widespread high grade #lithium mineralisation. • The third and final batch of assay results is expected in the coming weeks. • The widespread mineralisation confirms the potential of the Halo-Yuri Project to host a significant Lithium resource. • The highest-grade assay received returned a value of 5.1% Li₂O with #spodumene confirmed in 94 out of 96 samples. • Preparation of a Land Use Permit Application is continuing which will be submitted as soon as it is completed. Will D., Managing Director of #TX3, commented: “This is an outstanding result for Trinex and we are delighted that the hard work the team has put in on the Canadian projects is starting to pay off. We have a number of robust targets that have the potential to be world class discoveries in an emerging lithium province and this absolutely vindicates our decision to acquire these properties.” View the full announcement: https://bit.ly/4dqWCYH #TrinexMinerals #Explorations #MiningNews #ASX

#Spodumene, a vital #mineral for its #lithium content, is primarily found in its host rock, pegmatite. #Pegmatite is a coarse-grained igneous rock composed of minerals such as quartz, feldspar, and mica, alongside spodumene. Mined in countries like Australia, China, Bolivia and Argentina, spodumene is crucial for lithium-ion #battery production, essential for electronic devices, electric vehicles, and energy storage systems. New discoveries of spodumene bearing pegmatites are coming from many countries. The extraction process involves #mining, crushing, and processing pegmatite ore to obtain lithium concentrates. Sustainable practices, including efficient extraction technologies, responsible mining, and recycling initiatives, are vital to meet this demand. The spodumene market is poised for growth, driven by the transition to clean energy and the electrification of transportation, necessitating a focus on pegmatite exploration, extraction methods and sustainability practices.

Global Lithium Resources have now completed the ore sorting variability trials for their Manna #Lithium Project in Western Australia 🌏 GL's Project Director Dr Tony Chamberlain said: “This final round of trials confirms ore sorting is highly amenable to the Manna Lithium deposit. The technology has demonstrated impressive spodumene recoveries, while rejecting a large percentage of associated waste material across a range of #ore samples throughout the deposit. "Ore sorting will provide greater flexibility to our mining operations and will allow lower cut-off grades to be economically mined and processed at Manna. With #oresorting now being incorporated into the main flowsheet, this will enable the project to potentially deliver a higher annual production quantity of #spodumene concentrate. These positive outcomes will be incorporated into the #MannaLithium Project DFS which is due for completion in H2 CY24.” Go to Global Lithium's full report to find out more 👉 https://loom.ly/lroTZQI #sensorbasedsorting #mineralprocessing #GlobalLithium #sortingtechnology #STEINERT

🎉 Canada has announced a new addition to its Critical Minerals List! 🎉 🥁 Drum roll please… 🥁 👏🏻Everyone, please give a warm welcome to phosphorous as it finally makes the cut, alongside high-purity iron and silicon metal! 👏🏻 An analysis was undertaken to review all minerals included in the 2021 Critical Minerals List and consider potential candidates for addition. These analyses resulted in an updated Critical Minerals List that retains all 31 minerals from the 2021 list and an additional three minerals. Read the full story below 👇 #Canada #CriticalMinerals #phosphorous #fertilizer

Lithium Plus Minerals (ASX:LPM) declares maiden high-grade lithium resource at Lei https://lnkd.in/dM7D36mm

📢 Rainbow announces an updated JORC Mineral Reserve Estimate for the flagship Phalaborwa Project in South Africa 📢 Highlights: 📈 Updated MRE confirms a 15% increase in the overall size of the Phalaborwa Resource, adding an additional two years to the project life. 3️⃣ 5️⃣ Total Measured, Indicated and Inferred Resource of 35.0 Mt at 0.44% TREO, with a near doubling in the material now classified as Measured. ⚙ The light rare earth elements neodymium and praseodymium represent 29% and the heavy REEs dysprosium and terbium represent 1% and 0.3% respectively – all four of these REEs are considered critical minerals essential to the green energy transition. ⛏ The MRE now reports the full range of recoverable REEs that may have economic value for Rainbow in the future, being the SEG group (samarium, europium and gadolinium), lanthanum and cerium. 📈 At spot pricing, including Nd/Pr at ca. US$62.5/kg, the MRE has an in-situ metal oxide value of ca. US$3.7 billion REEs, with considerable upside based on the forecast strong demand outlook for permanent magnet REEs. George Bennett, CEO of Rainbow, commented: “The publication of an updated JORC-compliant Resource for Phalaborwa reaffirms the huge value intrinsic to this project, which contains economic quantities of all four of the critical magnet REEs. It also points to the potential for value from other recoverable REEs, which are currently not included in our project economics, and the MRE has an in-situ metal oxide value of ca. US$3.7 billion even at today’s lower spot prices. It’s worth noting that this is a very different type of Resource to that of a hard rock mining project, sitting at surface with a relatively homogenous distribution in the phosphogypsum stacks. Therefore, we intend to process the entirety of the stacks, allowing us to generate value from the full 35 Mt Resource.”     Read the full announcement below #rareearths #criticalmaterials #energytransition #commodities #investment #cleantech #strategicinvestment

moving forwards

Sovereign Metals aims to become the world’s largest, lowest cost and lowest-emissions producer of two critical minerals – #titanium (rutile) and #graphite.  The company is focused on the exploration and development of its flagship Kasiya Rutile-Graphite Project in Malawi along with its strategic investor, Rio Tinto. It is aiming to develop a large-scale, long-life rutile-graphite operation, focusing on developing an environmentally responsible, sustainable and socially uplifting operation. #Kasiya is the largest known #rutile deposit and the second-largest flake graphite resource globally — two commodities in which China currently dominates supply. More at #Proactive #ProactiveInvestors #SVM #SVMLF #SVML #ASXcriticalMinerals http://ow.ly/BU5x105tYZP

Asian Battery Minerals Ltd managing director Gan-Ochir Zunduisuren joins Proactive’s Elisha Newell to discuss the company’s imminent #ASXlisting and vision for Mongolian #batteryminerals. The junior exploration company is based in Ulaanbaatar, Mongolia, where it’s exploring for economically viable deposits of #criticalminerals such as #graphite, #lithium and #nickel #copper #platinumgroupelements (PGE). ABM’s primary focus is the Oval nickel-copper-PGE project, a magmatic mafic sulphide asset which was discovered last year. Zunduisuren heralds the project as strategically important due to its proximity to several large metal deposits in China, which enhances its economic potential. The managing director also highlighted that Mongolia’s Ulaanbaatar region remains largely unexplored for this type of deposit. Watch at #Proactive #ProactiveInvestors https://lnkd.in/eNXtHCMs

$PIM - Pinnacle Minerals (ASX:PIM) is pleased to announce that the Company has entered into an exclusive option agreement to acquire the Manna West Lithium Project. The Project is located 3.5km west of the Global Lithium’s (GL1:ASX) Manna Lithium Project (36.0Mt at 1.13% Li2O) and overlays greenstones prospective for lithium and gold. Furthermore, the project is within 5km from the Cardunia granitoid which has LCT chemistry and is interpreted to be a driver for lithium mineralisation at the Manna deposit. The project’s proximity to the granitoid is considered by Pinnacle to be optimal for the emplacement of fractionated pegmatites containing lithium rich minerals. Pinnacle Minerals Managing Director, Nic Matich, commented: “The Pinnacle team is excited about this project as it provides the Company a flexible and inexpensive opportunity to obtain a foothold in a highly prospective lithium region. Initial exploration will provide the company with an understanding of the prospectivity of the project, allowing Pinnacle to make an informed decision on the acquisition. Given market conditions the board is maintaining a strong balance sheet with which to leverage opportunities complementary to its battery mineral thematic”. Read more: https://lnkd.in/gQ89C7ji $PIM #lithium Robert Hodby William Witham Stephen Ross Jay Stephenson Lincoln Liu Nic Matich