Nimy Resources (ASX: NIM) has hit rare earths and base metals in a newly-identified 4.5km corridor at its Mons project in Western Australia (reports Small Caps).

By Small Caps. 

Kingsland has good reason to believe that it will be able to convert part of the Exploration Target at its Leliyn graphite project into a maiden resource after drilling continued to return extremely wide, high-grade intersections (reports Stockhead).

DevEx has launched a foray into exploring for Kambalda-style nickel sulphide mineralisation after reaching an agreement to earn into the Highway project in Western Australia (reports Stockhead).

After finishing up a winter program of 16 drill holes, 92 Energy (ASX: 92E) is already planning to get the rigs working again next month (reports Small Caps).

With King of the Hills now operating above peak capacity just more than a year after pouring first gold, Red 5 has set guidance of 195,000-215,000 ounces in the 2023-24 year for the mine near Leonora (reports The West Australian).

Bill Beament’s Develop will not move forward in the tender process for the underground mining contract for Liontown Resources’ A$900 million Kathleen Valley lithium development (reports MiningNews).

Chalice Mining has received “strong interest” from partners eager to join it in developing the prospective nickel producer’s promising Gonneville project (reports The West Australian).

JPMorgan Chase sees an opportunity in gold ahead of a likely US recession, predicting prices will push past $US2000 an ounce by year-end and hit fresh records in 2024 as interest rates start to fall (reports The Australian Financial Review).

Boss Energy (ASX: BOE) has reported a “highly productive” quarter which saw it move closer to its target of achieving first uranium production before year end at the re-started Honeymoon project in South Australia (reports Small Caps).

Washington | A group of US Congressmen is urging Australian policymakers to ditch their opposition to nuclear energy, in a change they say would strengthen the security alliance between the countries (reports The Australian Financial Review).

By The Australian Financial Review.

Battery Age Minerals is confident its Falcon Lake lithium project in Canada could potentially be one of the best placed assets to access the North American Electric Vehicle (EV) market (reports Stockhead).

Astral Resources’ rapidly developing Mandilla gold project, 70km south of Kalgoorlie in Western Australia, had no ounces ascribed to it in 2020 but after three years of work it is now unquestionably the centrepiece of the company, and contains what the company says is one of the largest single open-pittable deposits in the Eastern Goldfields (reports MiningNews).

It’s not a fair comparison, strictly speaking, because they are very different metals but over the past four weeks signs have emerged of what might be a significant change in the mining world’s pecking order with gold starting to outperform the speculator’s favourite, lithium (reports Tim Treadgold on Small Caps).

Uranium explorer 92 Energy is rattling the tin for up to A$5.5 million in funding using Canada’s flow-through share scheme (reports MiningNews).

Alicanto Minerals has completed a geological review of data from the historic Falun copper-gold-zinc-silver-lead mine in Sweden which has flagged high-priority brownfields targets for testing in its upcoming diamond drilling program (reports Stockhead).

New drilling results have helped Australian Rare Earths (ASX: AR3) expand its promising Koppamurra ionic clay-hosted rare earths project in South Australia (reports Small Caps).

The G’Day Eh podcast bridges the Pacific focusing on the two countries where most mining exploration companies are listed, Australia and Canada (reports Stockhead).  

Battery Age Minerals has start its baseline fieldwork program at the Falcon Lake lithium project in Canada, engaging Wabadowgang Noopming Management to carry out terrestrial and fisheries field programs (reports Stockhead).

By Stockhead

Australian investors have been slower to invest in gold than their international peers – due in part to a perception the asset is only for those with “mega-bucks” – but they may be missing out on the precious metal’s counter-cyclical qualities (reports The Australian Financial Review).

Various field programs including ground geophysics are being carried out to refine strong targets identified in the highly prospective 3.5km corridor at Falun ahead of a diamond drilling program to commence this quarter (reports Stockhead).