Deals & Dollars

Viridis signs MoUs for fast-tracking Colossus

Viridis Mining and Minerals (ASX:VMM) has entered into 2 non-binding Memorandum of Understanding (MoU) agreements with the Minas Gerais state government and local governments to expedite approvals for its Colossus Ionic Clay Project in Brazil.  The $58.82 million market capitalisation company says Colossus was selected by the State Economic Development body, Invest Minas, as a ‘high priority’ asset for the…

| By Aaliyah Rogan

Recharge scoops up Newnham Lake Uranium Project

Recharge Metals (ASX:REC) has signed a binding agreement with DG Resource Management and Kalt Industries to acquire 100% of the Newnham Lake Uranium Project in Canada.  Newnham Lake is near the northeast margin of the Athabasca Basin and 56km northwest of IsoEnergy’s (TSX.V:ISO) Hurricane deposit, which has an indicated resource of 48.6 million pounds of triuranium octoxide (U3O8) based on…

| By Adam Drought

S2 to Finnish subsidiary handover to Outback Goldfields

S2 Resources (ASX:S2R) has signed a letter of intent (LoI) to offload its wholly owned Finnish subsidiary, Sakumpu Exploration Oy, to Victorian gold explorer Outback Goldfields (CVE:OZ) for C$7 million in cash and shares.   Sakumpu Exploration holds all of S2’s ‘highly prospective’ portfolio of gold projects in Finland, which comprise over 35,000 hectares in the prospective Central Lapland Greenstone Belt…

| By Adam Drought

Sipa Resources reverts ownership of Paterson North

Rio Tinto Exploration (RTX) has indicated that it will be focusing on its other projects within its portfolio, resulting in the Paterson North Project reverting to being wholly owned and controlled by Sipa Resources (ASX:SRI).  Following an assessment of RTX’s global exploration priorities, the company has elected to withdraw from the Paterson North farm-in agreement, which will come into effect…

| By Aaliyah Rogan

Fenix enters into Athena convertible note agreement

Fenix Resources (ASX:FEX) has entered into a binding agreement with Athena Resources (ASX:AHN) whereby the latter will subscribe for up to $1 million worth of convertible notes at $0.002 per share.  Fenix, which has a $177.12 million market capitalisation, says funding will be used to assist Athena in completion of the pending Scoping Study of Athena’s Byro Magnetite Project in…

| By Adam Drought

VIDEOS/INTERVIEWS

Lodestar looking ahead with lots of anomalies across large areas

Lodestar Minerals (ASX:LSR) Managing Director Ed Turner says following on from successful first pass drilling programs in 2023, which intersected significant Cu, Au and Zn mineralisation, he is very happy to report extensive geochemical soil sampling programs outside of these drilled areas have also revealed…

| By Mining.com.au Staff Writers

gold

Magnetic closing in on Lady Julie milestone

Magnetic Resources (ASX:MAU) has further boosted its Lady Julie North 4 (LJN4) deposit’s Mineral Resource Estimate, closing in more than 1 million ounces of gold.  The $244.66 million market capitalisation reports the upgraded MRE includes 24.9 million tonnes (Mt) @ 1.66 grams per tonne Au totalling 1.33 million ounces of Au at a 0.5g/t cut-off, representing a 7.7% increase in…

| By Aaliyah Rogan

S2 to Finnish subsidiary handover to Outback Goldfields

S2 Resources (ASX:S2R) has signed a letter of intent (LoI) to offload its wholly owned Finnish subsidiary, Sakumpu Exploration Oy, to Victorian gold explorer Outback Goldfields (CVE:OZ) for C$7 million in cash and shares.   Sakumpu Exploration holds all of S2’s ‘highly prospective’ portfolio of gold projects in Finland, which comprise over 35,000 hectares in the prospective Central Lapland Greenstone Belt…

| By Adam Drought

Barton Gold: looking for icing on golden cake

This article is a sponsored feature from Mining.com.au partner Barton Gold Ltd. It is not financial advice. Talk to a registered financial expert before making investment decisions.  There is a confluence of central bank policies, treasury liquidity impairment, inflationary pressures, and geopolitical factors that will have a further positive effect on gold prices in 2024. In its Top 10 Themes…

| By Adam Drought

Intra Energy identifying Maggie Hays Hill mineralisation scale

Intra Energy Corporation (ASX:IEC) is planning to follow-up previous ‘high-grade’ gold results at the recently identified lodes within the Maggie Hays Hill Project in Western Australia.  The $4.22 million market capitalisation company says infill soil sampling and field mapping programs will be conducted to uncover the scale of mineralisation, as well as to test several historically identified anomalies that were…

| By Aaliyah Rogan

Black Cat cracks open Belvedere lookalike 

Black Cat Syndicate (ASX:BC8) has uncovered what it believes to be a lookalike of the Belvedere prospect within the new Grey Goose prospect, as part of its wholly owned Paulsens Gold Operation in Western Australia.  The $59.66 million market capitalisation company says 8 reverse circulation (RC) holes, of a total 45, drilled 500m along strike to the north of Belvedere…

| By Adam Drought

EXPLORATION

Fold Zone drilling exceeds Hawsons’ expectations

Follow-up drilling has exceeded Hawsons Iron’s (ASX:HIO) expectations for the…

Events

  • Tue 19 – Wed 20 Mar
  • Crown, Perth

26th Annual Global Iron Ore & Steel Forecast Conference

The event looks set to continue its role as the premier event for the global iron ore and steel industry…

  • Tue 19 – Wed 20 Mar
  • Crown, Perth
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