KEY POINTS This updated MRE consolidated AVL and TMT’s previous MREs3 and includes additional reverse circulation drilling, diamond core drilling and down hole density data conducted during 2022. The updated MRE also unifies the model domaining and interpretation at the Project, a necessary step to progress the OFS. On the resource update, AVL’s CEO, Graham...
Author: backoffice
Feasibility Study Confirms Potential for Low-Cost, High-Purity Manganese Production
HIGHLIGHTS CHINA-BASED HIGH-PURITY MANGANESE PROJECT FEASIBILITY STUDY RESULTS DEVELOPMENT PROGRESS UPDATE The Feasibility Study referred to in this announcement is a Technical Feasibility of the establishment of the Battery Grade Manganese Sulphate Project Stage 1 Processing Plant in China (the Plant). The Feasibility Study is based on the material assumptions contained in the Feasibility Study...
Dog-Leg Delivers Further High-Grade Intersections Resource Extension Drilling Results Ewoyaa Lithium Project, Ghana, West Africa
Highlights: Commenting on the Company’s latest progress, Neil Herbert, Executive Chairman of Atlantic Lithium, said: “Initial assay results from the drilling completed so far in 2024 have again delivered impressive intersections, providing confidence in the growth potential of the current 35.3Mt @ 1.25% Li2O Resource at the Ewoyaa Lithium Project. “These results are from the...
David Erfle: Gold's 2024 Price Potential, How Silver Gets Above US$30
David Erfle, editor and founder of Junior Miner Junky, shared his thoughts on gold, explaining what factors have pushed it to new levels, why it’s now consolidating and how high it could go in 2024. In his view, the yellow metal started to break out for macroeconomic reasons, and picked up momentum when tensions in...
Ross Norman: Gold's Record Highs Driven by China, What Happens Now?
Gold’s record move above US$2,400 per ounce has sparked much discussion about price drivers. Speaking to the Investing News Network, Ross Norman of MetalsDaily.com explained China’s key role in the metal’s increase. To start, he noted that the buying that took gold to the US$2,050 or US$2,100 level was largely high-quality purchases from central banks,...
Manuka Resources Ltd. (ASX: MKR) – Trading Halt
Description Issued by ASX Compliance source
Excellent Stope Performance as Mining Rates Ramping Up at Second Fortune
HIGHLIGHTS Brightstar’s Managing Director, Alex Rovira, commented “The recommencement of ore haulage activities at Second Fortune is exciting to see as the team builds momentum towards the steady state production rate of 12,000 – 15,000t per month by the September quarter 2024, which was the previous mining rate at Second Fortune. Whilst the operational Linden...
More Outstanding Gold Mineralisation Intersected at Auld Creek
Highlights Siren Managing Director and CEO, Victor Rajasooriar commented: “Drilling at Siren’s Auld Creek target within the Reefton Project continues to exceed geological interpretations with higher widths and grades than initially expected. The current MRE from Auld Creek is defined solely from the initial fraternal shoot drilling. Over the coming months we expect the results...
Boliden Finalizes Agreement to Revive Europe's Largest Zinc Mine
Tara, operated by the Sweden-based mining company, is an underground zinc and lead mine with a production capacity of 2.6 million metric tons (MT) per year, making it the largest zinc mine in the continent. Located in Navan, Ireland, the Tara mine’s reopening follows its closure in July 2023 due to a combination of challenges,...
Trailbreaker Resources Receives Exploration Permit for Swan Target at Atsutla Gold Project
Trailbreaker is currently planning its 2024 exploration activities for Swan, including an induced polarization (IP) survey covering a strong multi element geochemical anomaly coincident with argillic alteration. The survey is designed to identify any chargeability and resistivity features potentially associated with mineralized alteration zones. As porphyry deposits often form in clusters, additional surface exploration will...