Develop Global’s all-scrip takeover of Essential Metals has been waved through by shareholders in a deal likely to be valued at about $150 million (reports The West Australian).

Sunstone Metals (ASX: STM) has continued to highlight the substantial potential of
its Limon epithermal discovery in southern Ecuador with the receipt of further high-
grade gold-silver assays (reports Small Caps).

James Bay Minerals (ASX: JBY) has discovered over 20 new pegmatite dykes as part of a maiden exploration campaign at the Aero prospect within its La Grande project in Canada (reports Small Caps).

Canada-focused explorer Pioneer Lithium is enjoying a solid debut on the ASX after raising $5 million in an oversubscribed initial public offering (reports The West Australian).

Develop Global boss Bill Beament has lashed out at an independent expert finding that its takeover offer for lithium hopeful Essential Metals is “not fair but reasonable” (reports The Australian Financial Review).

Chalice Mining founder and former chairman Tim Goyder has boosted his stake in the downtrodden developer (reports MiningNews).

Shares in Ausgold soared after the gold hopeful unveiled an updated resource estimate for its Katanning prospect that it claims supports an extended long-life operation (reports The West Australian).

Green metals from Chalice Mining’s flagship Gonneville deposit at its Julimar discovery could inject around $18 billion into the WA economy over almost two decades (reports The West Australian).