Viking Mines’ Post

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

Viking Mines (ASX: VKA) hits key milestone in Canegrass metallurgical testwork with vanadium recovery of 93.2% Viking Mines #Canegrass #vanadium #ASX #VKA

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

via Stockhead Latest assay results are in at Torque Metals’ New Dawn lithium project and they reveal and confirm intersection of high-grade #spodumene lodes, which is a pleasing outcome for all involved. It’s talking peak grade of 3.99% Li2O. The major highlight here is an intersection at 35m (cumulative) of #lithium mineralised pegmatites in hole 23NDRC016. This includes 10m at 1.51% Li2O, from 51m, with 1m at 3.99% Li2O, from 52m,15m at 1.17% Li2O, from 220m including 7m at 2.12% Li2O, from 221m and 10m at 1.15% Li2O, from 265m including 6m at 1.76% Li2O, from 267m. Learn more: https://loom.ly/GW7yqqE #TOR #TorqueMetals #ASX

via StockHound PolarX Limited today unveiled its 2024 Scoping Study results for the Alaska Range #Copper-#Gold Project. This study, building upon previous assessments, highlights a notable uptick in projected returns, primarily attributed to advancements in copper flotation recovery. The PolarX Scoping Study focuses on the Caribou Dome VMS Copper deposit and the adjacent Zackly Copper-Gold- #Silver skarn deposit. Key improvements include an impressive 87.9% recovery of copper to a marketable concentrate, grading 21.7% copper. This metallurgical enhancement is a leap forward, doubling the project’s Pre-Tax NPV7 from A$310M to A$625M and elevating the Pre-Tax IRR from 38.6% to 73.9%. Learn more: https://loom.ly/BaJNlDA #PXX #PolarX #ASX

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

Learn how the Mae Moh coal mine in Northern Thailand significantly extended wear life by four times by switching to our DuroFlux M70, redefining efficiency and durability in mining. Dive into our blog for the full story.

Surefire Resources NL (ASX:SRN) is advancing discussions with key stakeholders to develop the Victory Bore Vanadium and Iron Ore Project in Western Australia while also identifying new opportunities for #magnetite exploitation at Unaly Hill. The company says it has identified several key stakeholders who may assist in fast-tracking Victory Bore’s development and continues to engage in discussions. “The continued discussions with all the key stakeholders are positive and are essential to progress critical work that’s needed to progress towards completing a definitive feasibility study (DFS) which will allow the board to make a final investment decision (FID) for this remarkable critical mineral opportunity,” Surefire Resources CEO Jan De Jager said. More at #Proactive #ProactiveInvestors #Vanadium #IronOre #BatteryMetals #CriticalMinerals http://ow.ly/5SWU105ykMo

OD6 Metals Ltd (ASX:OD6) made important progress on its #CriticalMinerals strategy during the June quarter with the highlights being a doubling of the mineral resource estimate (MRE) at the Splinter Rock Rare Earths Project in Western Australia and continuing success with metallurgical tests. The Splinter Rock MRE now stands at 682 million tonnes at 1,338ppm total rare earth oxides (TREO) in the indicated and inferred resource categories at a 1,000ppm cut-off grade including a high-grade indicated MRE at the Inside Centre deposit of 119 million tonnes at 1,632ppm TREO. This equates to approximately 910,000 tonnes of contained TREO and, importantly, 205,000 tonnes of higher value contained magnet rare earth oxides (MagREO), which represents an average of about 23% of the TREO grade. More at #Proactive #ProactiveInvestors #BatteryMetals #RareEarthElements #MagnetRareEarths http://ow.ly/gENj105CsQ4

#ASXNews Black Canyon Limited is pleased to present its quarterly activities report for the three months to 30 June 2024. Balfour Manganese Field (BMF) • Subsequent to the reporting period, the Company released a positive Scoping Study for the KR1 and KR2 Mineral Resources, confirming that the development of the deposits could generate attractive financial returns. • Project pre-tax NPV of A$340m (8% discount rate) and pre-tax IRR of 70% • LOM revenue of A$2,781m and EBITDA of A$654m with an average annual operating cashflow of A$46.1m over the 16 year mine life. Positive Metallurgical Testwork • Dense Media Separation (DMS) produced #manganese (Mn) concentrates grades of 31.8% Mn and 31.3% Mn from the KR1 and KR2 test samples respectively. • The KR1 & KR2 samples were processed using larger scale DMS equipment that simulate beneficiation processing used across #mining operations to upgrade manganese and iron ores in the Pilbara region. View the full report: https://loom.ly/kgH6ats #BCA #BlackCanyon #ASX