New gold and silver hits from aircore drilling at the Stavely copper-gold project in western Victoria have highlighted emerging regional discovery opportunities for Stavely Minerals.

By Small Caps

The trigger for gold’s big move higher remains a pause in US interest rate hikes – something that could happen in the second half of the year, ANZ commodity strategists Daniel Hynes and Soni Kumari say in a research note (reports Stockhead).

Kin Mining (ASX: KIN) has reported significant assays from drilling at its wholly-owned Cardinia gold project in Western Australia, targeting a newly-identified high-grade opportunity along the Eastern Corridor (reports Stockhead).

Drilling at Sunstone Metals’ Limon target, within the Bramaderos Project in Southern Ecuador, has intersected further visible gold in an epithermal vein system at 600m below surface (reports Stockhead). 

BHP’s takeover of OZ Minerals has cleared the way for emerging producer Bellevue Gold to join the ASX200 index (reports The West Australian).

Reverse circulation drilling at the Hestia prospect within Astral Resources’ (ASX: AAR) wholly-owned Mandilla gold project has confirmed a high-grade gold zone extending over 300 metres outside of the current mineral resource

(reports Small Caps)

RareX has updated its development strategy for the Cummins Range rare earths and phosphate project in northern Western Australia, under the leadership of new CEO James Durrant (reports MiningNews).

Caravel Minerals has delivered a raft of improvements to the PFS (prefeasibility study) on its copper development of the same name just 150km from Perth in WA’s Wheatbelt, taking the net present value of Australia’s next major copper mine to more than $2 billion (reports Stockhead).

Caravel Minerals will examine a slightly larger scope for its namesake copper project in Western Australia’s Wheatbelt after a review showed enhanced returns from minor changes are likely (reports MiningNews).

Explorer Stavely Minerals (ASX: SVY) has designed an alternate drill hole to test a pivotal target within its Thursday’s Gossan copper-gold project in western Victoria after encountering problems in its initial attempts (reports Small Caps).

Emerging gold producer Calidus Resources says it is on track to achieve its production guidance at its Warrawoona operation in Western Australia’s Pilbara after record sales for the March quarter (reports MiningNews).

A second takeover attempt for Australia’s biggest gold mining company, Newcrest, means only one thing: gold insiders believe the yellow metal is on the way up (reports The Australian).

Clean energy company entX has been granted a gas storage exploration licence in South Australia’s Far West, as it seeks to develop a major hydrogen project which will store the gas underground for later use (reports The Australian).

Over Easter, the global electric vehicle and wind turbine enterprises were celebrating the major expansion of an Australian rare earths discovery that now has the potential to rank with China and Myanmar’s ionic clay mines (reports Robert Gottliebsen in The Australian).

Australian Rare Earths has just delivered a significant boost in scale to what is arguably the most advanced clay-hosted ionic rare earths resource in Australia.

Kin Mining (ASX: KIN) has confirmed strong results from a reverse circulation drilling campaign completed in February at the Cardinia gold project in Western Australia (reports Small Caps).

Investors have demonstrated their support for Evion’s plan to become a significant and vertically integrated graphite business by making firm commitments for a $3.4m placement (reports Stockhead).

Bill Beament’s Develop will release an updated mine plan for the restart of its Woodlawn mine in New South Wales as the diamond drilling program at the project exceeds expectations (reports MiningNews).

Platinum and palladium usually circle each other with one’s price rising as the other falls due to their close chemistry and interchangeability in industrial applications (reports Tim Treadgold on Small Caps).

Canadian uranium explorer 92 Energy (92E) has made a major breakthrough in its bid to grow the rich Gemini discovery, hitting bonanza-grade mineralisation in its latest drilling program (reports Stockhead).