Distributions No dividends have been paid or declared by the group for the current financial year. No dividends were paid for the previous financial year. Explanation of results The group reported a loss for the year ended 30 June 2024 of $47,949,119 (30 June 2023: $34,611,195). This increased loss compared to the comparative period is...
Category: investingnews
Chariot and Mustang Lithium LLC Repossess Horizon and Halo Lithium Projects
HIGHLIGHTS: The Horizon Lithium Project maiden Mineral Resource estimate comprises an Indicated category of 1.3 Mt LCE (373 Mt @ 669 ppm Li) and an Inferred category of 8.8 Mt LCE (2,454 Mt @ 680 ppm Li), with an effective date of 15 November 2023. Chariot holds a 24.1% equity interest in Mustang and will...
White Cliff Minerals Reports Bonanza-grade Silver Discovery at Great Bear Lake
The asset is located in Canada’s Northwest Territories, and is one of White Cliff’s two properties in the country. According to White Cliff, “truly outstanding” results from the Slider area signify a high-grade discovery. The company has expanded the region to a newly defined point of interest that spans at least 1.5 by 1.5 kilometres....
2024 Lithium Market Outlook
One factor that could strongly affect the lithium industry is the result of the US election. What are the other factors? If you are a lithium investor, this is the one report you can’t miss. Our journalists have reached out to the insiders to get exclusive forecasts and tips to enable you to stay one...
Exploring Canada’s Rich Niobium Resource
It’s only mined in Brazil and Canada, with three mines producing 90 percent of the world’s niobium. There’s significant potential for growth in Canada, offering an opportunity for investors to help expand the availability of an in-demand mineral. Supply chain resilience, plus the geopolitical stability and favourable environmental and labour conditions in Canada, make it...
Sun Silver Boosts Maverick Springs' Inferred Resource by 45 Percent
The inferred resource for the Nevada-based property now stands at 423.2 million silver equivalent ounces at 67.25 grams per tonne (g/t) silver equivalent with a cut-off grade of 30.86 g/t silver equivalent. Maverick Springs’ silver-only resource now stands at 253 million ounces at 40.25 g/t silver. According to Sun Silver, this makes the project “the...
Turaco Gold Reports 2.52 Million Ounce Maiden Resource for Afema
The resource of 2.52 million ounces of gold covers the Woulo Woulo, Jonction and Anuiri deposits, with 60 percent being in the indicated category. The company said the report is an interim estimate as work is ongoing. Respectively the deposits hold 1.25 million ounces, 660,000 ounces and 660,000 ounces of gold. Other deposits at the...
Lithium Outlook for Australia
When can we expect lithium prices to rise? The Investing News Network spoke with analysts and market insiders to get their tips and predictions for Australian investors. “(Benchmark expects) to see more offtake agreements snapped up, even at projects that are still under construction as project developers try to derisk their projects and buyers try...
Appendix 4E – Preliminary Final Report
Dividends No dividends have been declared or are payable for the year ended 30 June 2024. Net Tangible Asset Information *Derived by dividing the net assets less intangible assets attributable to equity holders of the Company by the total ordinary shares at 30 June 2024 (553,139,337) and 30 June 2023 (446,346,595) respectively. Please note that...
Significant High-Grade Lithium Achieved at Drill Hole 2 at Rio Grande Sur
HIGHLIGHTS In relation to the progress of DDH-2 at the RGS Project, Pursuit Managing Director & CEO, Aaron Revelle, said: “The initial results from DDH-2 are especially exciting as we progress our initial exploration phase of the Rio Grande Sur Project. With these initial intercepts at DDH-2, we are continuing the significant advancements we have...