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New World Resources has been granted a permit to undertake a maiden drilling program at one of the company’s highest priority exploration targets, 75km from its 11.4Mt Antler copper project (reports Stockhead).

High-grade gold and silver surface sampling has helped Sunstone Metals (ASX: STM) identify a large target to follow-up at its El Palmar project in northern Ecuador (reports Small Caps).

Centaurus Metals (ASX: CTM) has intersected high-grade nickel 300 metres below the current mineral resource estimate (MRE) limits in a new program to test the deeper upside at its 100%-owned Jaguar project in Brazil (reports Small Caps).

It has been a horror year for Chalice Mining. Its market cap has been smashed from its April high of A$3 billion to $620 million (reports Barry FitzGerald on MiningNews).

James Bay Minerals: Ticking boxes just eight weeks after listing

As one of the ASX’s newest explorers, James Bay Minerals (ASX: JBY) is wasting no time in its aim to create a multi-asset Canadian lithium business.

By Kristie Batten, Mining Commentator

The Steve Parsons-led group and fellow copper company Caravel among those set to ride energy transition wave. Plus, Ken Brinsden ponders valuation disconnect between WA and Canadian lithium companies, UBS tips sharp rise in gold price and big iron ore price puts little CZR in takeover spotlight.

By Barry FitzGerald.

It’s a bold prediction but this might be the week when financial markets passed an inflection point as positive news, such as peaking U.S. interest rates, overpowered negative events, laying the foundation for a strong recovery next year.

By Tim Treadgold.

RareX could grow already significant resources at its Cummins Range phosphate and rare earths project in WA’s Kimberley region after magnetic and gravity surveys identified potential new ultramafic pipes (reports Stockhead).

Initial rock sampling at New World Resources’ Javelin Volcanogenic Massive Sulphide (VMS) project in Arizona, USA, has returned high grade assays up to 15% copper (reports Stockhead).