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What to know about Mount Burgess’ (ASX: MTB) plan for Nxuu polymetallic deposit
December 04, 2023 11:15 AM AEDT| By Sonal GoyalHighlights,MTB is committed to developing the Kihabe and Nxuu zinc/lead/silver/germanium/gallium/vanadium deposits in Botswana.,To date, 70 holes have been drilled at the Nxuu deposit.,Estimated mineral resource of Nxuu deposit is 6 million tonnes.,T...
Jindalee Lithium (ASX: JLL): The new name and ASX code for Jindalee Resources (ASX: JRL)
December 01, 2023 05:58 PM AEDT| By Sonal GoyalHighlights,Jindalee Resources has officially changed its name to Jindalee Lithium Limited.,New ticker code for JRL is ‘JLL’, and the company has started trading under the new ASX ticker.,The new name reflects the company’s focus on lithium developmen...
Rig 202 to remain at Invictus Energy’s (ASX: IVZ) Cabora Bassa acreage for 2 more years
December 01, 2023 04:03 PM AEDT| By ManishaHighlights,IVZ has extended Exalo Rig 202 stacking period for up to 2 years at the Cabora Bassa Basin.,Exalo will undertake maintenance on the rig to prep up for future drilling and testing activity.,Independent upstream oil & gas company,Invictus En...
Seven West (ASX: SWM) aims to reduce costs by leveraging technology
December 01, 2023 01:44 PM AEDT| By Team Kalkine MediaHighlights,Seven west Media is an ASX-listed media group which operates multiple brands,In 1QFY24, the company recorded an increase its TV share to 42.2%, compared to 38.5% in FY23,Seven Group Holdings Limited has nearly 39.83% shareholding in the co...
First Au (ASX: FAU) completes AU$300k private placement to assess new opportunities
December 01, 2023 12:46 PM AEDT| By Sonal GoyalHighlights,FAU has raised AU$300,000 through a private placement.,Under the placement, 200 million shares are planned to be issued at 0.15 cents per share.,Funds would be directed towards general working capital and evaluating new project opportuniti...
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OFX Group (ASX: OFX) expects 2FHY24 to be better than 1HFY24
November 30, 2023 03:49 PM AEDT| By Team Kalkine MediaHighlights,OFX Group is an international payment service provides with presence in nine countries,The company had bought back 117,224 shares from the market on 29 November 2023,Today, OFX shares closed 1.41% up at AUD 1.435 apiece,OFX Group Limited (...
Jindalee Resources (ASX: JRL) to be rebranded as Jindalee Lithium Limited (ASX: JLL)
November 30, 2023 01:14 PM AEDT| By ManishaJindalee Resources Limited has secured shareholder approval for its name change to Jindalee Lithium Limited.,The new name highlights the company’s focus on lithium exploration and development.,The company is expected to start trading under the ...
Cooper Metals (ASX: CPM) confirms ‘significant’ copper discovery at Brumby Ridge, shares soar
November 30, 2023 12:16 PM AEDT| By Sonal GoyalHighlights,Assay results for 23MERC028 confirmed bonanza copper grades with 71m at 2.8% Cu including 24m at 5.4% Cu.,Three out of five drill holes at Brumby Ridge have hit significant mineralisation and finished in mineralisation.,DHEM survey is adva...
Australasian Metals (ASX: A8G) strengthens cash position with R&D Tax refund & NT Grant
November 29, 2023 06:53 PM AEDT| By Team Kalkine MediaAustralasian Metals has secured a tax refund of AU$218,442, as a refundable tax offset for its R&D expenses at Mt Peake Project in FY23.,A8G has been granted a co-financing of AU$43,299 from the Northern Territory government under the Resource ...
88 Energy (ASX: 88E) announces $9.9mn placement to fuel Alaskan and Namibian projects
November 29, 2023 03:04 PM AEDT| By Team Kalkine MediaHighlights,88E has successfully completed a bookbuild to raise AU$9.9 million.,The company had cash reserves of AU$9.4 million, as of 31 October 2023.,Focus is on delivering successful flow testing of multiple reservoirs at the Hickory-1 well in 1Q24...
Vertex Minerals (ASX: VTX) gears up for soil sampling over Lake Johnston tenement
November 29, 2023 02:16 PM AEDT| By ManishaHighlights,Vertex Minerals is set to conduct a soils program across its 100% owned Lake Johnston, Taylor Rock tenement E63/2058.,Recent lithium discoveries in the area by other companies prompted VTX to undertake a soil sampling program at the teneme...
Baby Bunting Group (ASX: BBN) plans five new store openings in FY24
November 29, 2023 10:44 AM AEDT| By Team Kalkine MediaHighlights,Baby bunting is a specialty retailer of baby products with stores throughout New Zealand and Australia,In FY23, the company witnessed 1.7% YoY rise in revenue to AUD 515.80 million,AustralianSuper has the highest stake in BBN with a shareh...
Prescient Therapeutics (ASX: PTX) receives R&D Tax Rebate of $2.4M
November 28, 2023 04:01 PM AEDT| By ManishaHighlights,Prescient Therapeutics has received AU$2.4 million as R&D Tax Incentive rebate for FY23.,R&D Tax Incentive is given under a government program providing firms cash refunds of up to 43.5% of eligible R&D expenses.,PTX is engaged in developi...
Lithium Universe (ASX: LU7) thrilled as QLPH concentrator engineering study is advancing at ‘exceptional pace’
November 28, 2023 02:49 PM AEDT| By ManishaQLPH concentrator engineering study is advancing at an impressive pace.,The concentrator is rated at a 1 Mtpa processing rate with an assumed feed grade of 1.1% Li,2,The study is being conducted by Primero Group Limited following a 4-stage desi...
Chimeric Therapeutics (ASX: CHM) shares welcome additional positive preclinical data for CHM 1301
November 28, 2023 11:30 AM AEDT| By Team Kalkine MediaHighlights,Chimeric is advancing CHM 1301 program to the next stage of preclinical development.,CHM 1301 is a next generation chlorotoxin (CLTX) chimeric antigen receptor (CAR) NK cell therapy.,The therapy demonstrated highly promising efficacy in pr...
Imugene’s (ASX: IMU) VAXINIA trial receives FDA Fast Track designation, shares up
November 28, 2023 11:12 AM AEDT| By Team Kalkine MediaHighlights,The US FDA awarded Fast Track designation to clinical program studying VAXINIA in bile duct cancer.,This designation enables enhanced collaboration with the FDA, facilitating the expedited progress of the MAST clinical program and potentia...
Invictus Energy (ASX: IVZ) kickstarts Mukuyu-2 sidetrack drilling, shares up
November 27, 2023 02:30 PM AEDT| By ManishaHighlights,Invictus Energy has initiated Mukuyu-2 vertical sidetrack successfully.,Mud system has been displaced to the planned lower weight drilling fluid.,At present, the company is drilling 8½ inch hole to section total depth at ~3,400mMD through...
Bounty Oil & Gas (ASX: BUY) exploration plans receive boost on rejection of NSW Offshore Drilling Ban Bill
November 27, 2023 01:04 PM AEDT| By ManishaASX-listed independent oil & gas company, Bounty Oil & Gas NL (,ASX: BUY,) today revealed that the Offshore Drilling and Associated Infrastructure Prohibition Bill 2023 has been dismissed. The Bill was drafted to introduce amendments in three Acts to...
Viking Mines (ASX: VKA) boosts lithium exploration landholding; kickstarts auger drilling at First Hit
November 27, 2023 11:32 AM AEDT| By Team Kalkine MediaViking has increased its land position to ~291km,2,with the acquisition of a strategic tenement on the Mt Ida Fault zone.,The Ida Fault hosts significant lithium deposits, including the Mt Ida Lithium Project 60km to the north.,Auger drilling a...
Black Canyon’s (ASX: BCA) maiden 103Mt KR1 and KR2 resource estimate boosts Balfour value
November 27, 2023 11:11 AM AEDT| By Team Kalkine MediaA Maiden Mineral Resource estimate (MRE) at the KR1 and KR2 deposits has recognised a total of 103Mt at 10.4% Mn.,Previously, the company announced Flanagan Bore MRE of 171 Mt at 10.3% Mn.,The combined Global Mineral Resources discovered across...
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