QLD assets vended with upside and SA gold production underway

The key ingredient in hydrofluoric acid, fluorspar, is used to manufacture uranium conversion chemicals for global nuclear power generation. For the last couple of years, all things in the critical minerals and gold sectors have dominated the ASX greatest hits list, particularly in a post-Donald Trump trade-war world. Aside from the energy transition and the drive to boost defence spending, securing Western supply chains and critical minerals has become the single bigge

High-grade tungsten concentrate has been achieved in simple processing from Viking Mines’ Linka project in Nevada. Viking Mines (ASX: VKA) has kicked another goal at its Linka tungsten project in Nevada, USA, delivering an impressive 76 per cent recovery to produce a high-value 56.9 per cent tungsten oxide concentrate in its latest round of metallurgical testwork. The result represents a major step-change for the project, delivering a 27 per cent uplift in recovery from its

Moonlight Resources’ RC drill rig in action at its Clermont gold project in Queensland. Moonlight Resources (ASX: ML8) has tabled another swag of broad, near-surface gold hits from drilling at its Clermont project in Queensland, with the latest results successfully extending the company's Leo Grande Central prospect towards its Leo Grande South target area. The latest batch of assays came from 22 reverse circulation (RC) drillholes for 2683m as part of an expanded phase

Bulls N' Bears Mining & Exploration Chronicle 589 has been unearthed Bulls N' Bears Mining & Exploration Chronicle - your essential wrap of what's moving on the ASX in mining and exploration. In this edition: American West reveals 4km indium-rich growth corridor in Utah Read more: https://bit.ly/3RP2bu5 Not subscribed yet? Fix that here and get every edition straight to your inbox - https://bit.ly/46LCixx #MiningNews #ASX #BullsNBearsWA #TheWestAustralian #BullsNBearsChronicl

Newly identified concealed pegmatite at Critical Resources’ Corona target at its Mavis Lake project in Ontario, Canada Critical Resources (ASX: CRR) has kicked down the door on a previously underexplored area of its flagship Mavis Lake lithium project in Ontario, Canada, identifying a swarm of 14 separate pegmatite bodies, including six new discoveries during a recently completed field program. The 10-day program at the Corona prospect, 4km north of its existing 8-milli

Drilling at Barkley Rare Earths’ namesake deposit in the Northern Territory. Newly-listed Barkly Rare Earths (ASX: BAK) has pocketed a $100,000 grant from the Northern Territory Government, as it jostles to get a metallurgy at its namesake rare earths project, about 350km northeast of Tennant Creek. The funding, awarded under the government’s Geophysics and Drilling Collaborations Programme (GDCP), will be matched dollar-for-dollar by the company to advance a campaign of

Larvotto Resources has inked an offtake deal with Glencore for the gold concentrate from the company’s Hillgrove mine in NSW. Larvotto Resources (ASX: LRV) has added another heavyweight name to its growing list of project partners, locking in global commodities powerhouse Glencore in a gold purchase agreement from its Hillgrove antimony-gold project in New South Wales. The deal will see the global commodities dealer take all of the company’s gold concentrate produced du

Southern Hemisphere Mining has logged 175m of visible copper mineralisation to 256m in diamond drilling beneath an earlier reverse circulation hole at its 100 per cent-owned Llahuin project in Chile. Southern Hemisphere Mining (ASX: SUH) has logged 175m of visible copper sulphides from 84m to 256m in a diamond tail beneath an earlier reverse circulation hole at its 100 per cent-owned Llahuin copper-gold-molybdenum project in Chile, offering an encouraging look below a kno

Major Drilling's rig at American West Metals' West Desert project in Utah, where hole WD26-01 validated a 4km-long magnetic anomaly and opened a major new indium growth corridor beyond the existing resource. American West Metals (ASX: AW1) may have just thrown open the growth doors at its 100 per cent-owned West Desert project in Utah, 160km southwest of Salt Lake City, after drilling confirmed a new critical minerals corridor beyond America’s largest undeveloped indium r

Terrain Minerals has confirmed gold and silver mineralisation across all three Wildflower targets within its Smokebush project in WA. Credit: File Terrain Minerals (ASX: TMX) has confirmed gold hits up to 6.05 grams per tonne (g/t) and silver to 20.34g/t in first-pass reverse circulation drilling of three key targets at its Wildflower prospect in the company’s Smokebush project, 350km north of Perth in WA. The results have backed up the company’s induced polarisation (IP) tar

A drill rig on site at Novo Resources’ Belltopper project in central Victoria’s Goldfields region. Novo Resources (ASX: NVO) has unveiled a quality-grade gold resource at its Leven Star Reef deposit, part of the company’s Belltopper gold project in central Victoria, 120 kilometres northwest of Melbourne. The inferred mineral resource comprises 760,000 tonnes grading a healthy 3.6 grams per tonne (g/t) gold for 87,000 ounces of the shiny yellow metal. The company says

A drill rig in action at Zenith Minerals’ Consolidated Dulcie gold project in Western Australia Zenith Minerals (ASX: ZNC) has agreed to an off-market scrip takeover by Forrestania Resources in a savvy corporate action that values the company at $93.5 million. The binding transaction will consolidate two Western Australia-focused exploration and development portfolios, centred on Zenith’s 675,000-ounce Dulcie gold project, 70 kilometres south of Southern Cross in the re

Titleline Drilling’s diamond rig conducting phase one drilling at Kuniko Limited’s Commonwealth project in NSW.Credit:File Kuniko (ASX: KNI) is charging back into the field at its high-grade Commonwealth gold-silver-copper project 80 kilometres north of Orange in New South Wales after securing top-tier contractor Titeline Drilling for a significant diamond drilling campaign starting in early July. The exploration program will put down six priority holes for 1340 metres, targe

The Swan and Swift resource areas at Horizon Gold's Gum Creek project near Sandstone in WA, where drilling is adding new ounces around the proposed Gidgee processing hub ahead of a feasibility study. Horizon Gold (ASX: HRN) has been busy stacking up new ounces at its Gum Creek gold project with a raft of high-grade drilling hits emerging from deposits clustered near its planned processing hub south of Sandstone. The lift could potentially set the stage for a resource boos

Maritana Minerals is stepping up work at its Black Swan processing hub near Kalgoorlie after raising its planned plant throughput. Maritana Minerals (ASX: MRT) has stepped up work on its Black Swan gold processing hub near Kalgoorlie, after front-end engineering design (FEED) by GR Engineering Services lifted planned plant capacity from the 2.2 million tonnes per annum (Mtpa) used in its scoping study to 2.5Mtpa as the company moves closer to construction. The revision

Visible gold from the Paquin prospect at Olympio Metals' Bousquet gold project in Quebec, where a 1500m phase-three drilling campaign is targeting extensions to a bonanza-grade gold intercept. Olympio Metals (ASX: OLY) has kicked off phase three diamond drilling program at its Bousquet gold project in Quebec, Canada, as it seeks to determine whether a bonanza-grade hit from March is the first step towards a much larger gold system. The company has mobilised a rig for a

Chariot Resources has nearly doubled its US lithium footprint after staking 573 new claims at its Resurgent project in the prominent McDermitt Caldera, capitalising on a recovery in battery metal prices.

An aerial view of Viking Mines’ Linka tungsten mine in Nevada, showing coarse ore stockpiles in the background that are returning grades equivalent to historical mine grades. Viking Mines (ASX: VKA) has uncovered a potentially valuable source of near-surface tungsten at its Linka project in Nevada, with sampling confirming a historic stockpile left behind by previous operators still carries grades comparable to those mined during the project’s heyday. The company collec

Wide-open Murchison terrain near Meekatharra, where PLC Resources have kicked off a high-resolution magnetic and radiometric survey across the Abbotts North gold project. PLC Resources (ASX: PLC) is looking to keep the exploration momentum rolling at the company’s Abbotts North gold project in Western Australia's Murchison region, launching a high-resolution airborne geophysical survey while market watchers wait for results from the first drilling campaign at its project.

Bulls N' Bears Mining & Exploration Chronicle 588 has been unearthed Bulls N' Bears Mining & Exploration Chronicle - your essential wrap of what's moving on the ASX in mining and exploration. In this edition: Pacgold to spin out QLD gold assets into Emerald Resources-backed IPO Read more: https://tinyurl.com/4p2tjuyn Not subscribed yet? Fix that here and get every edition straight to your inbox - https://bit.ly/46LCixx #MiningNews #ASX #BullsNBearsWA #TheWestAustralian #Bulls

This week’s Bulls N’ Bears ASX Runner of the Week is… DXN Limited. The hype machine for the impending SpaceX initial public offering is now in overdrive, with news spreading that the float is now due to list on June 12th at $135 a share. This would make it the biggest IPO in history with a colossal $1.77 trillion market cap, accompanied by a lazy $125 billion raising. Goldman Sachs reported it expects SpaceX AI revenue – cornerstoned by Grok - to grow 100-fold by 2030 t

A drone and magnetometer on the ground after completing Aureka Limited’s survey across the company’s Irvine project in Victoria. Aureka Limited (ASX: AKA) has hit the ground running at its flagship, 100 per cent owned Irvine gold project in Victoria, locking onto fresh, high-priority targets after sending survey drones skyward. The precision airborne geophysical program has unmasked a network of previously hidden subsurface structures across the project area in the deco

AETC principals welcome Sarytogan managing director Sean Gregory (right) to Chicago, where bulk samples of the company’s graphite concentrate have arrived for purification trials. Sarytogan Graphite (ASX: SGA) has begun bulk graphite purification trials in the United States after shipping concentrate samples from its massive graphite project in Kazakhstan to specialist processor American Energy Technologies Company (AETC) in Chicago for plant scale testing. The program will p