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M&EC - Edition #583
Bulls N' Bears Mining & Exploration Chronicle 583 has been unearthed Bulls N' Bears Mining & Exploration Chronicle 583 has been unearthed! Read it here: https://tinyurl.com/drv4k53e Subscribe to get it emailed directly to your inbox. https://bit.ly/46LCixx #MiningNews #ASX #BullsNBearsWA #TheWestAustralian #BullsNBearsChronicle Today's edition features: $CDT #CastleMinerals $OBM #OraBandaMining $TMK #TMKEnergy $AUG #AugustusMinerals $AWJ #AuricMining $FRS #ForrestaniaResource
Azi Capuno
May 20


Amplia Therapeutics takes aim at billion-dollar pancreatic cancer drug market
Amplea Therapeutics managing director and chief executive officer Dr Chris Burns. For everyday punters looking at medical technology companies, the best opportunities often come from identifying a drug that makes other multi-billion-dollar treatments work better. That is the main idea behind Melbourne-based medical company Amplia Therapeutics (ASX: ATX). While most cancer companies spend billions trying to make stronger, more toxic chemotherapies, Amplia is taking a dif

Murray Ward
May 19


Corazon Mining snaps up Westgold’s high-grade WA Chalice gold project
Corazon Mining has snapped up the high-grade Chalice gold project 50 kilometres northwest of Norseman in WA from Westgold Resources. In a savvy move, Corazon Mining (ASX: CZN) has locked in a deal to snap up 100 per cent ownership of the high-grade Chalice gold project, 50 kilometres northwest of Norseman, from Westgold Resources. The transformational acquisition hands the company an established, high-grade gold system sitting on a single granted mining lease within Wes

Murray Ward
May 19


Terrain Minerals kicks off metallurgical testwork in Mid West gold push
Terrain has kicked off metallurgical testwork at its Lightning gold project in WA’s Mid West as it closes in on a maiden resource estimate, due in July. Terrain Minerals (ASX: TMX) has launched preliminary metallurgical test work at its Lightning gold project in Western Australia’s Mid West region, ticking off another key de-risking step. Management says early signs point to a likely non-refractory feed, implying conventional gravity coarse gold separation and carbon-in

Doug Bright
May 19


Viridis Mining locks in major permitting step for Brazilian rare earths giant
Viridis Mining and Minerals' drilling at its Colossus rare earth project in Brazil Viridis Mining and Minerals (ASX: VMM) has shoved its giant Colossus rare earths project in Brazil another big step towards construction after lodging the crucial Installation Licence application, a pivotal permitting milestone that swings the project closer to full-scale development and execution. The company says the submission has reset Colossus as a near-construction rare earths proje

Penny Taylor
May 19


Maritana Minerals swaps non-core ground for Kalgoorlie gold growth
Maritana Minerals drilling near Black Swan where the company has recently secured additional extensive tenure while offloading non-core ground. Maritana Minerals (ASX: MRT) has tightened its grip on the Kalgoorlie goldfields after striking a strategic tenement swap with ASX-listed Accelerate Resources that brings in the extensive Kanowna East package while offloading the company’s non-core Balagundi ground. The deal fits Maritana’s push to consolidate ground around its

Doug Bright
May 19


Neometals adds copper firepower to Barrambie gold hunt in WA
High-grade copper oxide mineralisation hosted within the Barrambie sill intrusive complex from Neometals’ rock chip sampling campaign at Rinaldi earlier this year. Neometals (ASX: NMT) has doubled down on the copper chase at its Barrambie project after a fresh induced polarisation (IP) survey lit up multiple drill-ready targets around the historic Rinaldi copper workings. The results were headlined by a powerful anomaly stretching more than 300m vertically and 200m latera

Penny Taylor
May 19


ClearVue clears key hurdle for global solar tech rollout
ClearVue’s newly-certified thermal management junction box is designed to improve heat control, durability and long-term reliability in the company’s building-integrated solar panels. ClearVue Technologies (ASX: CPV) has landed another certification milestone, with global testing and certification group TÜV SÜD signing off on its thermal management junction box for solar panels under international standard IEC 62790. The IEC sets the global benchmark for electrical and

Doug Bright
May 19


Estrella Resources deploys drone tech to hunt deeper Timor-Leste manganese
FlyCart30 heavy lift quadcopter being used by Estrella Resources at its Ira Miri manganese project in Timor-Leste. Estrella Resources (ASX: ESR) has taken to the skies at its Ira Miri project in Timor-Leste, launching an advanced drone-deployed passive electromagnetic survey to hunt for hidden, deep-seated mineralisation. Developed by world-leading airborne geophysics outfit Expert Geophysics, the next-gen MobileMTd system has been called in to test structural extension

Murray Ward
May 19


Fresh geophysics fuels growing True North Copper Qld copper target
True North Copper’s Aquila copper, silver and cobalt discovery sits four kilometres northeast of the company’s Vero resource in Queensland. True North Copper (ASX: TNC) has continued to turn up the heat at the company’s Mt Oxide project in northwest Queensland, extending the strike of its Aquila copper-cobalt-silver discovery after a fresh round of geophysics lit up new targets along the prolific Mt Gordon Fault Zone. The company’s latest induced polarisation (IP) surve

Rowena Duckworth
May 19


Greenland approvals supercharge Dalaroo Metals rare earths hunt
Dalaroo Metals’ onshore-to-offshore footprint at its Blue Lagoon project in Greenland. Dalaroo Metals (ASX: DAL) has pulled off a major coup in Greenland after securing government approval for two new exploration licences at its Blue Lagoon project. The regulatory nod has tightened the company’s hold over what is fast emerging as a district-scale critical minerals province in the country’s mineral-rich south. The newly granted licences materially expand the company’s

Penny Taylor
May 19


Castle Minerals snaps up bonanza-grade West African gold play
Castle Minerals’ geologists conducting reconnaissance across the highly prospective Niellé gold project, highlighting ease of access to the prospective site. Castle Minerals (ASX: CDT) has pounced on a transformational West African deal, securing a binding agreement to snap up a 90 per cent interest in the high-grade Nielle gold project in northern Côte d’Ivoire. The savvy acquisition hands the explorer a demonstrated high-grade discovery in a tier-one gold district, inst

Murray Ward
May 19


Ora Banda Mining lifts Kalgoorlie gold resources to 3.57 million ounces
Ora Banda Mining’s Riverina underground mine is a significant contributor to the company’s resource base, with a total resource of 724,000 ounces of gold. Ora Banda Mining (ASX: OBM) has delivered a major hike in its gold inventory near Kalgoorlie in Western Australia, boosting resources and more than doubling reserves as it sets up the next stage of growth at Davyhurst. The company’s latest update shows total mineral resources have climbed to 54.8 million tonnes at two

Doug Bright
May 19


PLC Resources kicks off drilling at Murchison gold target
Site works completed at PLC Resources’ Rochefort prospect, part of the company’s Abbotts North project near Meekatharra. Freshly cashed-up with a new $1.8 million war chest, PLC Resources (ASX: PLC) has wasted no time putting the drill bit to work, kicking off a maiden reverse circulation drilling program at its Rochefort gold prospect in Western Australia’s prolific Murchison region. The move comes on the same day the company announced it had received firm commitments

Murray Ward
May 19


Augustus Minerals raises $2.5M for WA gold drilling
A drill rig in action at Augustus Minerals’ Music Well project near Leonora in WA. Augustus Minerals (ASX: AUG) has topped up its war chest with a $2.5 million placement to fast-track a second round of drilling at its Music Well gold project near Leonora in WA, after a stunning maiden drill campaign recently hit wide zones of gold mineralisation. The company says it received firm commitments from a suite of institutional, professional and sophisticated backers, with the

Bill McConnell
May 19


Aguia Resources gets green light, kicks off Brazilian phosphate mine
Rotary dryer at Aguia Resources’ phosphate processing plant in Caçapava do Sul, equipped with all lifting blades, ready for the start of operations. Aguia Resources (ASX: AGR) has just kicked a major goal in South America, securing the final and all-important operating licence for its Tres Estradas phosphate project in southern Brazil and immediately kicking off mining operations. The ASX-listed multi-commodity explorer has now officially made the leap from developer to

James Pearson
May 18


ADX Energy primes pivotal Austrian shallow gas well for testing
ADX Christmas tree and well head installed on the HOCH-1 well in preparation for mid-June testing. ADX Energy (ASX: ADX) has buttoned up its HOCH-1 shallow gas well in Upper Austria and the rig has now been released, teeing up a pivotal mid-June perforation and production test that could unlock a fast-track European gas development. The HOCH-1 well commenced drilling on 16 April within the company’s ADX-AT-I licence in Upper Austria, where it operates the prospect with

Penny Taylor
May 18


Forrestania Resources clocks shallow, rich gold at historic WA mine
Track mounted RC drilling rig at Forrestania Resources Mt Palmer project, close to Southern Cross in Western Australia. Credit: File Forrestania Resources (ASX: FRS) has aggressively spun the drill bit at its Mt Palmer gold project in Western Australia, unlocking a treasure trove of high-grade mineralisation and successfully confirming significant gold lurking just under the topsoil. Forrestania’s campaign at Mt Palmer, 15 kilometres east of Marvel Loch in the gold-rich Shi

Murray Ward
May 18


Critica lifts WA mixed rare earth oxide to 97% purity
Critica Ltd’s latest metallurgical testwork has produced a mixed rare earth oxide grading 97.1 per cent TREO from sample material drawn from its remarkable Jupiter rare earths project near Mt. Magnet in WA’s Mid West. Critica Limited’s (ASX: CRI) latest metallurgical testwork has produced a third mixed rare earth oxide from its Jupiter project in WA’s Mid West, materially improving product quality from previous tests. In a result likely to strengthen the project’s devel

Doug Bright
May 18


King River Resources targets forgotten WA goldfield riches
LiDAR image over King River Resources’ historic Excelsior waste dump and stockpiles with historic grab samples located. King River Resources (ASX: KRR) is breathing new life into one of Western Australia’s forgotten goldfields, lining up drilling and geophysics at its historic Mindoolah project while eyeing a sizeable inventory of potentially gold-bearing stockpiles sitting at surface. The historic Mindoolah goldfield, 70km north-west of Cue in WA's Murchison Province,

Rowena Duckworth
May 18


Kaiser Reef targets untapped reefs beneath old Victorian goldfield
Jumbo working in the Union Hill gold mine decline at Kaiser Reefs Maldon gold project in Victoria. Kaiser Reef (ASX: KAU) has fired up a major multi-pronged exploration and development assault at its Maldon gold project in Victoria. The work is being spearheaded by the official launch of underground decline refurbishment at its fully permitted Union Hill mine, along with a fresh drilling blitz across several high-grade targets. Whilst rehabilitating Union Hill, strippin

Murray Ward
May 18


88 Energy stacks pay as oil resources jump 35% in Alaska
Alaska North Slope wellhead in winter conditions awaiting 88 Energy’s Augusta-1 test of the stacked South Prudhoe oil system in 2027. 88 Energy (ASX: 88E) has supercharged the scale of its South Prudhoe project on Alaska’s North Slope, lifting total gross unrisked prospective resources by 35 per cent to 768.9 million barrels (MMbbls) of oil and natural gas liquids and sharpening the case for its potentially transformational Augusta-1 exploration well. The company says t

Penny Taylor
May 18


TMK taps local LPG giant in new Mongolian gas-to-power deal
TMK CEO Dougal Ferguson and Dashvaanjil Group Vice Director Sarangerel Byamba signing milestone agreement in Ulaanbaatar, Mongolia. TMK Energy (ASX: TMK) has flicked the switch on a new phase of its Mongolian gas push, signing a partnering agreement with the country’s biggest LPG distributor to build its first gas-to-power project and edge closer to commercial gas sales from its sprawling Gurvantes XXXV coal seam gas project. The company’s flagship coal seam gas asset s

Penny Taylor
May 18


Auric Mining gets mine-to-mill firepower with new CEO
Auric Mining’s incoming chief executive officer, Gareth Solly, founded the highly successful gold producer Black Cat Syndicate. ASX-listed gold junior,Auric Mining (ASX: AWJ), has formally welcomed Gareth Solly to the company as chief executive officer and executive director. The seasoned WA gold executive officially assumes the dual role from today to steer the company as it ramps up its ambitions to become a fully integrated mining house. His appointment as CEO also s

Doug Bright
May 18
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