Public Companies

This week’s Bulls N’ Bears ASX Runner of the Week is… Latrobe Magnesium.

BULLS N’ BEARSASX Runners of the Week: Latrobe, CurveBeam, Arrow & Sultan

The Bulls N’ Bears ASX Runner of the Week is... Latrobe Magnesium, which soared after unveiling a US$15 million letter of support for its planned magnesium metal plant in South Carolina, USA.

Andrew Todd

The Edna May 2.9 million tonne per annum gold processing plant forms the centrepiece of Forrestania’s hub-and-spoke strategy.

BULLS N’ BEARSForrestania monster newsflow lands four WA gold project prefeasibility studies

Forrestania Resources has tabled a stunning raft of news, dropping four prefeasibility studies for its Edna May, Johnson Range, Tycho and British Hill projects in WA, alongside maiden ore reserves at each.

Murray Ward

Mount Ridley Mines says its latest “Selectro” test work has delivered its best scandium and rare earths recoveries to date.

BULLS N’ BEARSMount Ridley squeezes out record scandium recovery with half the juice

Mount Ridley Mines has cranked scandium recovery at its WA Grass Patch project to 91.8 per cent while lifting rare earth recoveries and remarkably using just half the reagent dose of earlier tests.

Andrew Todd

A new Dalaroo Metals IP survey has defined priority drill targets at its Watheroo project 200km north of Perth, in the same geological province as Chalice Mining’s world-class Julimar discovery.

BULLS N’ BEARSDalaroo survey lights up deep WA copper-nickel-PGE targets

Dalaroo Metals has homed in on priority drill targets at its Watheroo copper-nickel-PGE project in Western Australia, after an IP survey picked up anomalies confirming prior mineralisation indicators.

Andrew Todd

Elk Range Mining’s maiden diamond drill hole has returned multiple instances of visible gold at its Friday Gold Project in Idaho, USA.

BULLS N’ BEARSFirst Idaho diamond hole puts visible gold on Elk Range menu

Elk Range has clocked visible gold seven times in its maiden drill hole at its Friday Gold Project in Idaho. The find came in the first hole of an eight-hole campaign, with assays now pending.

Murray Ward

BULLS N’ BEARSWA Jupiter giant repeats 58% rare earths carbonate trick for Critica

Critica has produced a second high-grade 58% total rare earths carbonate from its Jupiter project in WA, boosting valuable magnet and heavy rare earths content and demonstrating repeatable product quality.

Andrew Todd

Augustus Minerals’ Music Well project near Leonora in WA’s Eastern Goldfields.

BULLS N’ BEARSAugustus drill bit set to chase 30g/t WA gold target

Augustus Minerals is set to roll the rig onto a target at its Music Well gold project near Leonora that previously returned high-grade rock chips of up to 30.4g/t gold, once ground conditions improve.

Murray Ward

Estrella Resources is expanding its exploration footprint in Timor-Leste, adding two new licences prospective for copper and gold.

BULLS N’ BEARSEstrella widens Timor copper-gold hunt as manganese export gets nod

Estrella Resources has expanded its Timor-Leste foothold by securing two new copper-gold licences. The company has also received conditional approval for a maiden export of manganese to Indonesia.

Andrew Todd

Kalamazoo Resources’ Mt Piper project sits in the highly endowed gold-antimony region of central Victoria.

BULLS N’ BEARSKalamazoo stitches up 15km-long Victorian gold-antimony play

Kalamazoo has secured tenure over a new 15km corridor at its Mt Piper gold-antimony project in Victoria, with first-pass drilling confirming mineralisation near major deposits like Fosterville and Costerfield.

Murray Ward

Non-executive chairman Warwick Grigor (centre) in front of the underground gold-bearing veins at Aguia Resources’ Santa Barbara mine in Colombia.

BULLS N’ BEARSRecord gold grades for Aguia at Colombian mining play

Aguia Resources has delivered record gold production and grade from its Santa Barbara project in Colombia, doubling its previous best and generating about $171,000 in revenue for August from its high-grade ore.

Andrew Todd

Auric Mining has acquired a significant package of second-hand processing infrastructure (pictured), including crushing and processing components, mill structure, conveyors and screening circuit for its Burbanks gold project.

BULLS N’ BEARSAuric pockets bargain hardware to fast-track WA Burbanks plant

Auric Mining has picked up a bargain, locking in key infrastructure for its planned 600ktpa WA Burbanks gold plant rebuild for just $1.2M, a fraction of the estimated $15M-$20M replacement cost.

Murray Ward

Terrain Minerals’ Lightning gold project, within the active Murchison gold corridor in Western Australia.

BULLS N’ BEARSTerrain unlocks free-milling gold at flagship Murchison play

Terrain Minerals has locked in high gold recoveries of up to 93.7 per cent from its Lightning gold project in WA, using conventional processing that could fast-track the project’s development.

Andrew Todd

Visual copper (chalcocite, dark grey) and zinc (sphalerite, brownish) mineralisation with magnetite in drill core from American West Metals’ 350m western step-out at its West Desert project in Utah.

BULLS N’ BEARSBig copper hit pushes American West beyond Utah deposit

American West Metals has hit thick visual copper, zinc and molybdenum mineralisation in three new holes at West Desert in Utah, with the standout hole stepping out 350m west of the deposit’s existing footprint.

Penny Taylor

Broken Hill Gold’s induced polarisation geophysics survey is underway at its White Dam gold-copper project in South Australia.

BULLS N’ BEARSBroken Hill Gold turns up heat on deeper SA gold-copper hunt

Broken Hill Gold has stepped up the hunt for sulphides at White Dam in SA with major geophysics and a second rig, widening the search for deeper gold-copper mineralisation after its high-grade Icebreaker find.

Penny Taylor

TMK Energy’s LF-07 gas flare at its Gurvantes XXXV coal seam gas project in Mongolia, where rising gas flows are building the case for broader field development.

BULLS N’ BEARSMongolian gas flows surge as TMK Energy field comes alive

TMK Energy has hit a new gas production high at its Mongolian project, with flows surging 11% on August’s numbers. Crucially, production is now spreading across multiple wells, lifting commercialisation hopes.

Penny Taylor

Critica Limited’s tungsten mineralisation in scheelite fluorescing under ultraviolet light at Mt Lindsay in Tasmania, where drill core returned 147m at 1 per cent tin and 0.2 per cent tungsten trioxide.

BULLS N’ BEARSCritica unveils 19Mt Tassie tin-tungsten heavyweight

Critica Limited has put a JORC 2012 resource on its Mt Lindsay tin-tungsten play in Tasmania, defining 19 million tonnes at 1.09 per cent tin equivalent for 49,000 tonnes of tin and 28,000 tonnes of tungsten.

Penny Taylor

Coarse visible gold observed at approximately 137m downhole within the 5.3m at 26.54g/t interval in historical drill core from Elk Range Mining’s Friday gold project in Idaho, USA.

BULLS N’ BEARSOld core flashes gold as Elk Range drill bit chases Idaho prize

Elk Range Mining has found coarse visible gold while re-logging historical drill core from its Friday gold project in USA. The core is from a hole that previously hit a stunning 5.3m section at 26.54g/t gold.

Murray Ward

Ongoing testing at ADX Energy’s HOCH-1 shallow gas discovery in Upper Austria as a new partner comes aboard ahead of drilling at nearby GOLD-1.

BULLS N’ BEARSADX bags funding partner to build on Austrian shallow gas success

ADX Energy has lined up Empyrean Energy to fund 20 per cent of its GOLD-1 Austrian gas well for a 10 per cent interest, ahead of a planned Q4 spud, following the nearby HOCH-1 discovery and production tests.

Penny Taylor

Forrestania is building a regional processing hub strategy in Western Australia, with the Taipan open pit (pictured), operated by MEGA, set to provide the first ore under a new agreement.

BULLS N’ BEARSForrestania doubles down with second 2Mt WA gold ore deal

Forrestania Resources has inked a key deal to purchase up to 2 million tonnes of ore from MEGA Resources for its WA gold processing hubs, underpinning its restart readiness and regional consolidation strategy.

Murray Ward

PLC Resources has started follow-up RC drilling at its Rochefort gold prospect in Western Australia’s Murchison region.

BULLS N’ BEARSGeological smoke leads PLC Resources to bigger WA gold target

PLC Resources has started follow-up drilling at Rochefort in WA’s Murchison, chasing a geological trail northwest and deeper after maiden drilling may have clipped the edge of a bigger gold system.

Penny Taylor

Bulls N’ Bears Big Hits looks at notable drill intercepts reported last week to the ASX.

BULLS N’ BEARSBig Hits: PolarX, Sunstone Metals and Manuka Resources

Bulls N’ Bears Big Hits looks at notable drill intercepts reported to the ASX last week, led by PolarX Ltd, Sunstone Metals and Manuka Resources.

Doug Bright

This week’s Bulls N’ Bears ASX Runner of the Week is… Iondrive Limited.

BULLS N’ BEARSASX Runners of the Week: Iondrive, Australasian, Aruma & Neurizon

The Bulls N’ Bears ASX Runner of the Week is... Iondrive, after an economic evaluation of its IONSolv technology showed a US$243 million (A$338 million) net present value for just a single proprietary module.

Andrew Todd

Maritana Minerals hit visible high grade gold (circled) in quartz veining in phase one diamond drill core from Burbanks, for an intercept of 4.20m at 42.43g/t gold from 289.63m, including 1.37m at 126.93 g/t gold from 290.84m.

BULLS N’ BEARSMaritana busts through 2Moz resource for growing WA gold hub

Maritana Minerals has cracked the 2 million ounce gold mark after a 62 per cent resource upgrade at its Burbanks deposit took it to 755,000 ounces. The company is fully funded for its WA gold production plans.

Doug Bright

This edition of Cap Raise Crucible dives into the ASX mining cash stampede as fat cheque books remain open for the exploration end of town.

BULLS N’ BEARSCap Raise Crucible: Canaccord leads big mining dash for cash

The Cap Raise Crucible saw ASX cheque books well and truly remain open as over 35 raisings chased $687.5M, led by big mining books. Canaccord was at the pointy end with nine mandates worth $380M.

Murray Ward