Highlights Recent outcrop samples recorded exceptional grades ranging between 10% and 50% titanium dioxide (TiO2) (Table 1 & 2). The mineralisation occurs from or near surface (<10 metres) and is present as heavy mineral bands forming sheet-like Heavy Mineral Sand (HMS) mineralisation. At Claypan significant Titanium-Vanadium mineralisation has also been identified in the underlying basement...
Author: backoffice
$5.6M Contract Awarded for US Department of Defense Project
CEO of XRG, Wayne Jones said “the strategic importance of this project cannot be understated, representing Operator XR’s first major engagement with the US Department of Defence. Operator XR will be jointly developing a cutting edge capability that has the potential to expand into further global agencies as well as the many operational units within...
BHP Opens Applications for 2025 Xplor Critical Minerals Accelerator Program
“Once again, the program is seeking visionary teams focused on uncovering new sources of critical minerals crucial for a sustainable future,” BHP said about Xplor, which is intended for early stage explorers. Participants receive multiple benefits, such up to US$500,000 in equity-free funding, mentorship and the chance to network with a range of industry experts...
Tale of Two Metals: How Rising Gold, Uranium Price Impacts Supply
Uranium fundamentals remain strong due to tightening supply and growing demand. The uranium space is seeing more M&A activity than exploration. Debates continue over nuclear power policies and the increased influence of China and Russia over the market. At the same time, gold is also experiencing a surge. Because gold is almost indestructible, the 6.7...
Diamond Drilling Assays Return Best Results to Date from Link Zone with Intercepts to 55.8g/t Au
HIGHLIGHTS The program at Link Zone was focused within and adjacent to conceptual $3,000/oz Au pit shells, with holes targeting interpreted ore lode positions to gain mass for metallurgical testwork, along with varying orientations of geotechnical holes to gain information for assessment ahead of a potential small-scale mining campaign. Brightstar’s Managing Director, Alex Rovira, commented...
Acquisition of Grand Codroy Uranium Project in Newfoundland, Canada
HIGHLIGHTS AuKing’s Managing Director, Mr Paul Williams, said that with the strong industry sentiment emerging from last week’s World Nuclear Association symposium in London, there is likely to be renewed levels of interest for uranium projects. The Company already has a significant position with its Mkuju uranium project in Tanzania and that the Company was...
What is the Gold Spot Price? (Updated 2024)
The gold spot price is used globally when the precious metal is traded. Constantly in a state of flux, the gold price is driven by diverse factors, from safe-haven demand to futures market speculation. In modern times, gold is not only recognized as a sign of affluence or a safe place to store value, but...
Where Does Tesla Get its Lithium? (Updated 2024)
In a mid-2023 Tesla earnings call, Musk seemed relieved to see prices for the battery metal had declined. “Lithium prices went absolutely insane there for a while,” he said. Lower battery prices will bring EVs closer to cost parity with internal combustion engines vehicles, leading to wider adoption and increased demand. Read on to learn...
McFarlane Samples 87.4 Grams Per Tonne(Gpt) Gold Containing 0.59% Copper at its Past Producing McMillan Gold Mine; Provides Exploration Update on Upcoming Drill Program
Highlights The McMillan Gold Mine was a past producer of gold and is located within 3 km from major highways and power lines. Located geologically in the Huronian Gold Belt 70 km west of Sudbury (Figure 1), this area of the province has been consistently identified as a top gold and polymetallic exploration opportunity as...
Critical Issues and Opportunities in Australia’s Copper Sector
Nations around the world include copper on their national critical minerals lists. That allows mining companies working with the mineral access to special funds and programs, enabling mining development. The most recent list in Australia, however, omits copper, relegating it to “strategic mineral” status. This is triggering concerns around the possible impact on exploration and...