Sunstone Metals says its T3 target at the El Palmar gold-copper project in northern Ecuador is emerging as a ‘significant’ porphyry discovery (reports Stockhead). 

Centaurus Metals has acquired the offtake rights for its flagship Jaguar nickel project in Brazil from Vale (reports MiningNews).

Brazilian nickel developer Centaurus Metals (ASX: CTM) is poised for a substantial re-rating, according to new research notes released by mainstream brokers in Australia and North America (reports Stockhead).

IP surveying has started over strong geochemical anomalies at New World Resources’ Javelin VMS project in Arizona to fine-tune targets ahead of maiden drilling (reports Stockhead).

By Stockhead.

92 Energy (ASX: 92E) has unveiled promising results from new exploration studies at its Clover uranium project in Canada’s world class Athabasca Basin (reports Small Caps).

The NT government has committed $92,500 to co-fund diamond drilling at the Leliyn graphite project as part of the Resources the Territory initiative (reports Stockhead).

Kingsland Minerals’ Leliyn graphite project in the Northern Territory is rapidly emerging as a major graphite discovery following the return of the first assay results (reports Stockhead).

It’s a long way from the dusty wheatbelt of WA to the forests of Canada but there is a small explorer with a plan to connect the two locations through a focus on energy transition, lithium in Canada and rare earths in WA (reports Tim Treadgold on Small Caps).

Junior explorer PolarX expects to see improved results from an in-progress scoping study for its Caribou Dome deposit in Alaska after its improved structural understanding has delivered it a substantially larger resource (reports MiningNews).

Just as silver has been dubbed the poor man’s gold so has graphite been described as poor man’s lithium, though an eye-catching discovery which doubled the money of investors in Kingsland Minerals (ASX: KNG) could put a gloss on graphite’s tarnished reputation (reports Tim Treadgold on Small Caps).

By Tim Treadgold on Small Caps.

Shares in Simon Lil’s Nimy Resources have had a canter on the back of a potentially promising lithium play called Mons north of Southern Cross in Western Australia (reports MiningNews).

RareX’s recasting of its flagship Cummins Range project from a rare earths (REE) play into a hybrid phosphate-REE development with the fertiliser being first off the rank has two advisory firms applauding the decision (reports Stockhead).

New World Resources believes the historical Javelin VMS project could host viable satellite targets for trucking ore to the Antler processing plant nearby (reports Stockhead).

As quickly mobilised spot volumes become scarce, speculators could use the Sprott Physical Uranium Trust (SPUT) to push yellowcake prices sharply higher, say Leigh Goehring and Adam Rozencwajg (reports Stockhead).

Red 5 continues to increase production at King of the Hills near Leonora while accommodating planned mill and crusher maintenance shutdowns (reports The West Australian).

Kingsland has bolstered its confidence in the potential of the Leliyn graphite project in the NT after receiving highly promising results from an EM survey (reports Stockhead).

Cygnus Metals (ASX: CY5) has revealed a significant clay-hosted rare earths discovery in Western Australia today, with initial assays from drilling at the Bencubbin project showing the discovery contains a significant percentage of high-value, potential magnet creation rare earths (reports Small Caps).

Rox Resources is gearing up for a big year of exploration at its Youanmi gold project near Mt Magnet, with the junior explorer hoping high-grade drilling results to the south could turn it into the next Bellevue Gold (reports The West Australian).

Bellevue Gold has received the final regulatory approval required to get into production (reports MiningNews).

Sweden-focused Alicanto Minerals’ work at its Sala project in Sweden has successfully delineated two discoveries within 600m of its Prince lode resource (reports MiningNews).

By Mining News