Highlights Mineralisation is dominantly tetrahedrite (copper – antimony sulphide) and minor chalcopyrite and stibnite (antimony sulphide). Antimony grades in previously assayed drill hole intercepts are approximately 30% to 35% of the copper grade, reflecting the theoretical composition of tetrahedrite (Cu12Sb4S13). Recently drilled BPD09 (see ASX release of 13 August 2024) was designed to test an...
Author: backoffice
Sale of JWD Iron Ore Mining Rights
(a) 100% of its rights, title and interest in the Iron Ore Rights; (b) the rights and obligations under all associated contracts, authorisations and permits required to operate the JWD mine; (c) the benefit of all contributions made by CuFe and/or WFE to the rehabilitation fund established for the purpose of satisfying the rehabilitation obligations...
Further Validation of Gold Potential at Black Swan and Lake Johnston
CEO, Brendan Shalders, commented, “Ongoing exploration works focused on gold prospectivity at Black Swan and Lake Johnston continue to generate positive results. Rock chip samples collected on a recent site visit to Black Swan have returned anomalous gold from quartz bearing shear zones that are located in the same area as the recovered gold nuggets....
Further Step-Out Gold Success and High-Grade Antimony Discovery
HIGHLIGHTS: Warriedar Managing Director and CEO, Amanda Buckingham, commented: “The results for these holes successfully demonstrate further extensional high-grade gold, and for the first time very high-grade antimony zones below the Ardmore pit area. Given the relative absence of assaying for antimony in historical drilling at Golden Range, we are cautiously optimistic on the potential...
RAD Increases Ownership in Radiopharm Ventures to 75%
The move to an increased ownership percentage comes as the joint venture continues to show promising progress in its cancer therapeutic pipeline, including the advancement of its leading B7H3 candidate and other preclinical assets. B7-H3 is an immune checkpoint protein that is very infrequently seen in the majority of healthy cells but it is consistently...
More Sulphides in Step Out Holes at Bald Hill Cobalt-Copper Prospect
Highlights Commenting on the announcement, Rimfire’s Managing Director Mr David Hutton said: “The Bald Hill prospect continues to grow with broad zones of great – looking sulphides intersected in the latest step out holes. The diamond drilling is helping our geologists build a detailed model for the prospect and we look forward to seeing what...
Tech 5: Aide Says Harris Supports Policies to Expand Crypto Sector, AMD to Buy ZT Systems
Investors proceeded cautiously through the week’s opening days, but the tone shifted on Friday (August 23) afternoon in response to an optimistic announcement from US Federal Reserve Chair Jerome Powell In a Jackson Hole speech, he signaled that the Fed is ready to begin cutting interest rates. Crypto markets also saw a surge, breaking free...
Gold Price Rises as Powell Signals "Time Has Come" for Rate Cuts
“The time has come for policy to adjust. The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook and the balance of risks,” he said. Powell noted that the 2.5 percent rise in inflation over the past 12 months has provided greater confidence...
Top 5 Canadian Mining Stocks This Week: GFG Resources Pops With 73 Percent Gain
The lower rate is credited to a decline in travel related services as accommodation fell 3.7 percent and air transport was down 2.7 percent versus the same time last year. Gold was also down, falling to 17,147 kilograms in June from 18,415 kilograms in May, while shipments saw an increase to 18,219 kilograms from 16,814...
Great Southern Mining Starts Drill Program at Duketon Gold Project
Drilling will commence at the Golden Boulder prospect before newly defined targets at the site are tested. Golden Boulder historically produced 1,915 tonnes at 28.6 grams per tonne of gold. “(Golden Boulder) in particular hosts all three of the main mineralised structures in the Duketon Greenstone Belt and has seen very little drilling since the...