Featured news
Altech (ASX: ATC, FRA: A3Y) to raise AU$15.8M to fuel battery tech projects
July 18, 2023 02:40 PM AEST| By Team Kalkine MediaHighlights,Altech Batteries is eyeing to raise AU$3 million via a placement and AU$12.8 million through an entitlement offer.,The company’s major shareholders have agreed to partially underwrite AU$6.7 million under the entitlement offer.,The funds w...
VRX Silica (ASX: VRX) receives $2M grant for high-grade silica sand production, shares up 10%
July 18, 2023 02:08 PM AEST| By ManishaHighlights,VRX Silica has received approval for its Investment Attraction Fund application for funding grant of AU$2 million by the Western Australian state government.,The proceeds from the grant will be used for testwork and construction of pilot p...
Australasian Metals (ASX: A8G) signs pact with Marquee Resources (ASX: MQR) for sale of Fairview Gold Project
July 17, 2023 03:24 PM AEST| By ManishaAustralasian Metals has executed a Tenement Sale Agreement with Marquee Resources (ASX:MQR) for the sale of the Fairview Gold Project, WA.,As per the agreed terms, Marquee will issue 6.5 million MQR shares as well as 6 million options as consid...
Invictus Energy (ASX: IVZ) shares jump on Cabora Bassa seismic campaign update
July 17, 2023 03:15 PM AEST| By Sonal GoyalInvictus Energy shares jumped 9% a the company reported progress at Cabora Bassa project.
Black Canyon (ASX: BCA) kicks off RC drilling across Balfour Manganese Field Targets
July 17, 2023 02:04 PM AEST| By Team Kalkine MediaBlack Canyon has begun an initial RC drilling program at the Balfour Manganese Field.,The initial program will cover the Balfour and KR1 targets at the strategic Panther and E46/1383 Tenement acquisitions, respectively.,With this program, BCA a...
Black Canyon (ASX: BCA) kicks off RC drilling across Balfour Manganese Field Targets
July 17, 2023 12:56 PM AEST| By ManishaHighlights,Black Canyon has begun an initial RC drilling program at the Balfour Manganese Field.,The initial program will cover the Balfour and KR1 targets at the strategic Panther and E46/1383 Tenement acquisitions, respectively.,With this program,...
Why are Mount Burgess (ASX: MTB) shares trading higher today?
July 14, 2023 01:45 PM AEST| By Team Kalkine MediaHighlights,Mount Burgess has revealed the potential contribution of germanium (Ge) to the Kihabe-Nxuu project.,Ge assaying is for drill samples collected from the Kihabe and Nxuu deposits in 2017, along with 2021 drill samples from Nxuu.,The US Gover...
Australasian Metals (ASX: A8G) identifies high-grade titanium at May Queen South Bauxite Project
July 14, 2023 01:12 PM AEST| By ManishaHighlights,Latest exploration work has defined a high-grade titanium zone at Australasian Metals’ May Queen South Bauxite project.,The zone outside the existing resource area reflected analytical results ranging up to 17.55% TiO,2,.,The company plans...
Boab Metals (ASX: BML): Sorby Hills Phase VII drilling progressing ahead of schedule
July 14, 2023 11:55 AM AEST| By Sonal GoyalHighlights,BML has updated on the completion of 60% of the Phase VII drilling at Sorby Hills.,The drilling program is running ahead of schedule and within the budget.,The campaign is anticipated to be concluded by July-end, and assays are expected to...
Revolver Resources (ASX: RRR) shares jump on tranche 2 placement update
July 14, 2023 10:49 AM AEST| By Team Kalkine MediaHighlights,Revolver Resources has completed the second tranche of its equity placement.,The second tranche saw the issue of a further 5 million new shares.,The proceeds are planned to be directed towards accelerating 2023 exploration at the Osprey an...
June quarter update signals progress at King River Resources’ (ASX:KRR) Gold-Copper Projects
July 13, 2023 02:04 PM AEST| By ManishaHighlights,Geophysics program is underway at Tennant Creek projects, targeting prospective IOCG areas.,At the Rover East project, the company has wrapped up gravity work across three targets.,KRR has initiated the IP Survey with DDIP work advancing a...
Invictus Energy (ASX: IVZ) selects location for Mukuyu-2 appraisal well, shares jump
July 13, 2023 12:16 PM AEST| By Team Kalkine MediaHighlights,The Mukuyu-2 well would be situated around 6.8km north-east of Mukuyu-1.,The appraisal well is planned to be drilled to a depth of ~3,700m to access the untested Lower Angwa reservoirs.,The campaign is expected to deliver data for all pros...
Cyprium Metals (ASX: CYM) announces cap raise of AU$29M to aid Nifty restart
July 12, 2023 06:10 PM AEST| By Team Kalkine MediaHighlights,Cyprium has received firm commitments for a conditional placement designed to raise AU$25 million.,The company seeks to raise up to AU$ 5 million via an entitlement offer.,The proceeds would be deployed to meet Nifty site costs, technical...
88 Energy (ASX: 88E) acquires additional O&G production assets in Texas
July 12, 2023 05:42 PM AEST| By Ankit SethiThe operator is targeting two new wells in 2H 2023, which are projected to expand the production to 160-200 BOE gross per day.
Mineral Commodities (ASX: MRC) set to take 100% control of Skaland graphite operation
July 12, 2023 05:40 PM AEST| By Team Kalkine MediaHighlights,Mineral Commodities’ subsidiary MRCGN has came to settlement with BSG on all outstanding matters.,MRCGN will acquire BSG’s interest in Skaland graphite project.,MRC is focused on achieving graphite ore-to-battery anode piloting to produce...
Boab Metals (ASX:BML) continues to advance the Sorby Hills Lead-Silver-Zinc Project in latest quarter
July 12, 2023 12:23 PM AEST| By Sonal GoyalHighlights,The latest quarter saw Boab Metals making progress towards a decision to mine at its WA-based flagship project.,Front End Engineering & Design is on track of completion during September 2023 quarter.,The phase VII drilling campaign has com...
Cooper Metals (ASX: CPM) identifies new Cu-Au targets at Mt Isa East
July 12, 2023 12:23 PM AEST| By Team Kalkine MediaHighlights,Cooper Metals has located three VTEM anomalies that show high prospectivity for copper-gold mineralisation.,Robust drill targets are identified at the VTEM003 and VTEM005 anomalies in the Barbara East tenement.,The company has identified m...
QX Resources (ASX: QXR) reports encouraging assays from Bayrock’s Lainejaur Deposit
July 11, 2023 03:23 PM AEST| By ManishaHighlights,QX Resources’ 39%-owned Bayrock Resources confirms high-grade Ni-Cu-Co in drill results at Lainejaur Deposit.,The results have highlighted 4.7m at 2.0% Ni, 1.6% Cu and 0.1% Co from 283m downhole, within a mineralised section.,For the winte...
Revolver Resources (ASX: RRR) set to commence 2,000m diamond drilling at Dianne
July 11, 2023 11:22 AM AEST| By Sonal GoyalA diamond drill rig is on site of Revolver Resources’ Dianne Project.,During the next week, a 2,000m diamond drilling program is expected to start, targeting recently identified priority conductive targets.,The preparation of track and drill pa...
Altech Batteries (ASX: ATC, FRA: A3Y) engages CICERO for green accreditation of CERENERGY® battery project
July 11, 2023 10:45 AM AEST| By Sonal GoyalHighlights,Altech Batteries has roped in CICERO to assess the green credentials of its CERENERGY® batteries.,A study showed CERENERGY® has superior environmental footprint and performance, in comparison to lithium-ion batteries.,The company expects t...
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