Viking Mines’ Post

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

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

OD6 Metals Ltd (ASX:OD6) is trading higher after fielding an updated mineral resource estimate (MRE) that doubles the previous estimate at the Splinter Rock Rare Earth Element (REE) Project in Western Australia. The total MRE now sits at 682 million tonnes at 1,338 parts per million (ppm) total rare earth oxide (TREO) at a cut-off grade of 1,000 ppm. This includes a higher confidence indicated portion of 119 million tonnes at 1,632 ppm TREO, again at a 1,000-ppm cut-off. Importantly for OD6, the resource contains high-value magnet rare earth oxides (MREO) to the tune of about 23% of TREO, making for about 205,000 tonnes of MREO within the resource and approximately 910,000 tonnes of contained TREO Investors have responded positively with shares have been as much as 50.8% higher in morning ASX trading to $0.095. More at #Proactive #ProactiveInvestors #BatteryMetals #CriticalMinerals #RareEarthElements #MagnetRareEarths http://ow.ly/Pm8o105uMZI

Talon Metals aikoo tuottaa nikkelituotannon sivuvirtana syntyvästä raudasta LFP-akkujen raaka-ainetta, kertoo Mining Magazine (tilaajille): "A new partnership between the U.S. Department of Energy (DOE)'s Argonne National Laboratory and local miner Talon Metals Corp. is looking to extract iron from nickel mine tailings in a bid to increase domestic battery production. Speaking with Mining Magazine, Albert Lipson, group leader, separations and bioprocessing at Argonne said: "Talon is trying to set up a nickel mine in the US. And what they find is that they have alot of iron [waste] that they can use in LFPs, which contain iron and need a high purity source of iron. Essentially, the goal of the project is to figure out how to get that iron instead of it being waste." #kriittisetmateriaalit #sivuvirrat #kaivannaisjäte #kaivosteollisuus #metallinjalostus #nikkeli #rauta #LFP #talonmetals https://lnkd.in/eRgxUkxS

The most recent #criticalminerals list in Australia omits #copper, relegating it to #strategicmineral status; triggering concerns on the possible impact on #exploration and development. Anax Metals Limited #resource #investing https://bit.ly/3MF3SUX

Historical review outlines gold and copper potential at iTech Minerals’ Reynolds Range project https://buff.ly/4bGuejZ #ASX #ASX200 $ITM iTech Minerals

Things are moving quickly for Alma Metals ( #ASX : $ALM ) at its #Briggs #Copper Project in #QLD, adding new tenements around one of the largest deposits in #Australia already containing an inferred resource of more than 1Mt of metal.

Critical Metals ups stake in world’s largest rare earths project to 42%  - Europe-focused Critical Metals Corp (Nasdaq: CRML) said on Tuesday it has completed Stage 1 of its recently announced plan to acquire a controlling interest in the Tanbreez rare earth project in Greenland from Rimbal Pty.  - Tanbreez has been ranked the largest rare earth deposit in the world, hosting 28.2 million tonnes of total rare earth oxides (TREO) in 4.7 billion tonnes of material, according to internal company estimates. The asset is expected to contain more than 27% heavy rare earth elements (HREE) and Critical Metals says efforts to convert the internal resource to US SEC standards are being made.  https://lnkd.in/dqxUbHux

#ASXNews Viking Mines is pleased to provide an update on its First Hit Lithium Gold Project, located west of Menzies in the WA Goldfields, and a progress update on the Canegrass Battery Minerals Project, located in the Murchison Region of WA. First Hit Project • Viking Mines wins two of four ballots held on 31st January 2024, which are associated with tenement application E30/571. • The successful ballot secures >32km2 West of Viking's existing tenure, bringing the total land package in this prospective #lithium and #gold district to ~493km2 (granted & under application). • Assay results from the extensive auger drill programme undertaken over >55km2 of the First Hit Lithium & Gold Project delayed until February due to backlog at the laboratory caused by the holiday break. Canegrass Project • Work continues at the Canegrass Battery Minerals Project with preliminary pit optimisation on the updated MRE expected to be completed before the end of the March quarter. • Stage 2 Metallurgical Testwork continues with results from bulk concentrate expected early February ahead of moving to the next step in the testwork to produce V2O5 flake. #VKA Managing Director & CEO Julian Woodcock said: “I’m pleased to announce that the Company was successful in the two of the four ballots. The tenements are to the West of our existing tenure, and are strategically located on the well-endowed Ida Fault, which is highly prospective for lithium and gold, and is directly South of the Delta Lithium Mt Ida Project. “The additional tenements bring Viking's total landholding in the highly prospective region to ~493km2. The Company will look to commence data consolidation to identify high priority areas of interest ahead of the tenements moving to grant.” Full announcement: https://bit.ly/47VWXPf #VikingMines #Vandium #ASX

Viking Mines has successfully completed a Pit Optimisation Study on the Canegrass Battery Minerals Project Mineral Resource Estimate with; 61Mt at 0.81% V2O5, 35.9% Fe, 7.6% TiO2, 714ppm Cu, 687ppm Ni & 177ppm Co Inferred (JORC 2012) Pit constrained MRE. #VKA has selected the Base Case scenario at a 0.7% V2O5 processing cut-off as it considers revenue from both the #Vanadium and #Iron from the Project, which is supported by the current level of metallurgical testwork completed and the results achieved. Learn more: https://loom.ly/REWrxVE #VikingMines #ASX