Listly by John Smith
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Boab Metals undertook a series of initiatives at its Sorby Hills Project, including the on-ground activities, metallurgical program and discussion with off-takers and financers.
Export Finance Australia has issued a letter of support to the Company. Sorby Hills Joint Venture Partners have agreed to accelerate the finalisation of the Sorby Hills Development and Operations Agreement. Boab Metals will commence Sorby Hills Phase V drilling, designed to expand the minable inventory and maximise the Project value.
Lithium Australia NL (ASX:LIT) has welcomed a green signal from the Clean Energy Council (CEC) for the 10K Pack HV pre-assembled battery systems, developed by Soluna Australia Pty Ltd. Soluna has also concluded a nationwide distributor deal with Legend Corporate Services Ltd.
LIT owns a 50% interest in Soluna Australia, while the remaining 50% in the incorporated joint venture is held by DLG Energy (Shanghai) Co., Ltd. The JV is focused on providing energy storage solutions in Australia and other international markets.
Horizon Minerals Limited (ASX: HRZ) has successfully wrapped up infill as well as extensional drilling at its Peyes Farm gold project. The results from the project, which is a part of Teal gold camp in WA goldfield, confirm excellent width and grade continuity within the supergene zone.
First Au’s shares are now trading on the OTCQB Venture Market in the US under the ticker symbol, FSRAF. First Au has gained the access to one of the largest investment markets with no extra compliance commitments. Easy flow of capital is a critical component for future growth and possible development of the mineral projects.
The ASX-listed mineral explorer Vanadium Resources Limited (ASX:VR8) has shared an important update from the ongoing Pre-Feasibility Study (PFS) on its flagship Steelpoortdrift Project in South Africa.Vanadium Resources has put the medium-grade ore in the waste stripping category. If the medium-grades are brought into the production cycle, the overall stripping ratio will be slashed, lowering the cost of overall stripping significantly.
The shares of mineral explorer Coda Minerals Limited (ASX:COD) surged 9% during Monday’s initial trading hours on the back of excellent assay result from its Phase 2 drilling campaign on its flagship Emmie Bluff prospect.Coda had undertaken 17-hole diamond drilling campaign on Emmie Bluff prospect, part of its Elizabeth Creek Project. The final tranche of the assay results exhibited the highest-grade intercepts obtained so far on the prospect. The explorer fetched up to 4.71% of copper equivalent intercept, demonstrating high potential of Emmie Bluff target and extension of mineralised envelope to the north-east.
With a keen eye for exploration assets in Western Australia, Surefire Resources NL (ASX:SRN) has real and demonstratable experience in project development, right from resource through to operations.The Company acquired two high-grade gold tenements in the Yidby and Perenjori project areas last year. Ever since, developments have been fostering well with a strong pipeline in place.
Emerging oil and gas explorer 88 Energy Limited (ASX:88E) has been dedicated towards exploration activities at its 100% owned Project Peregrine located in the NPR-A region of the North Slope of Alaska.
The Company’s key areas of focus have been the Merlin-1 well at Project Peregrine that was spudded in March 2021, and the Project Icewine. 88E has expedited its exploration work in these areas and has encountered back-to-back success recently.
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