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Matt Birney

Matt Birney is the author and a Director of Bulls N Bears which is a joint venture between Business News and Birney Corporate Communications. Bulls N Bears is an ASX release distribution platform that "turbo charges" the reach of public company announcements by utilizing the significant resources and public following of Business News. Bulls N Bears delivers information driven by public company announcements to the tens of thousands of Business News subscribers, distributes it on Twitter to targeted financial markets participants and sends it to its 1000 strong database of financial journalists at every significant media outlet across Australia. Bulls N Bears also records and distributes radio interviews with public company CEO's for the purposes of thoroughly exploring the ramifications of a company announcement before uploading the link to each interview to its unique web portal that sits inside the Business News website. 

Email : matt@birneycorporate.com.au

Tel : 0419217090

PharmAust signs up U-Vet for Phase II cancer trial

PharmAust has finalised contractual arrangements with the University of Melbourne’s U-Vet Werribee Animal Hospital to commence the Phase II clinical trials into the effectiveness of its Monepantel anti-cancer drug in dogs. The trial will be overseen by U-Vet’s Head of Small Animal Medicine and Oncology, Dr Claire Cannon, who will also oversee recruitment at other nominated sites within Australia.

Hammer uncovers new copper/gold zone in Queensland

Hammer Metals has discovered the new Shadow zone of copper-gold mineralisation at the Mt Philp Breccia Complex in Queensland’s Mount Isa mining district with rock chip sampling returning up to 4.64 grams per tonne gold and 27.7% copper. The company plans to carry out further mapping and sampling of the new area, which has been delineated over a 200m strike and is up to 50m wide.

Former Gold Road MD strengthens Geopacific Board

Geopacific Resources has strengthened its Board with the appointment of former Gold Road Resources Managing Director Ian Murray as a non-executive director to assist with the development of its Woodlark gold project in PNG. He played a key role in progressing Gold Road’s Gruyere project from an exploration play through to a mining operation that is scheduled to produce 300,000 ounces of gold per annum in joint venture with Gold Fields.

Strike poised to start vital drawdown phase at Jaws-1

Strike Energy is preparing to start the key controlled drawdown phase that could increase gas production at its Jaws-1 super-deep coal seam gas well in the Cooper Basin, South Australia. Water flow rates at the well have declined from 450 barrels per day in late June to the current 350 barrels per day while the Jaws and Klebb wells have exhibited strengthening gas flares as production rates slowly build.

Rox/Venus intersect high grade gold at Youanmi

Rox Resources and Venus Metals have delivered high-grade drilling intersections from several regional and near-mine prospects at their emerging Youanmi gold project in the Murchison region of WA. The companies generated intercepts of 2m @ 23.67g/t gold from 76m and 4m @ 6.57g/t from 64m at the Commonwealth prospect and also discovered 8m @ 4.17g/t gold from 96m at Youanmi South.

Australian Potash signs key shipping agreement

Australian Potash has ticked off another box for its Lake Wells SOP project near Laverton, WA, signing an import-export agreement with the Port of Geraldton in the Mid West region, that underpins the FEED study underway for the project. The company’s recent DFS for Lake Wells was modelled on a road freight solution to the Geraldton port and export of its SOP product from that site.

PharmAust fires up Phase II cancer trials

PharmAust has kicked-off its much-anticipated Phase II clinical trials that will study the effectiveness of the new palatable and high dose tablet formulation of its Monepantel anti-cancer drug in dogs. The trial will determine the efficacy of the drug over a prolonged period of time in dogs with B cell lymphoma before testing progresses to low dose maintenance of progression free survival and efficacy in other cancers.

Buru eyes return to Canning Basin tight gas play

Buru Energy is a step closer to unlocking its tight gas portfolio in the Canning Basin after the Western Australian state government lifted the moratorium on fracture stimulation over existing petroleum titles. The company previously estimated that its Yulleroo gas field contained 2C contingent resources of about 714 petajoules of gas and 24.9 million barrels of associated liquids within the Laurel tight gas formation.

Strike scores gas trifecta at deep Perth Basin well

Strike Energy’s West Erregulla-2 exploration well in the Perth Basin, Western Australia has intersected 10 metres of net gas pay with average porosity of 10.3% in the High Cliff sandstone target. The company is currently undertaking additional advanced wireline logging at the well before running and cementing production casing ahead of carrying out flow tests for the Kingia and High Cliff zones.

ClearVue banks $602,000 R&D tax rebate

Smart building materials trailblazer, ClearVue Technologies, has been recognised for its continued research and development with the company banking an Australian Government tax credit of about $602,000. The refund relates to work completed during the last year with the University of New South Wales on quantum dots and work with Edith Cowan University on the entrance atrium at the Warwick Grove Shopping Centre.

Terrain trenching work targets high grade gold in WA

Surface trench sampling has commenced at Terrain Minerals’ Wild Viper gold project near Leonora, WA, where rock chip sampling unearthed up to 4.67g/t gold in stockwork quartz veining in March. The company will complete four long trenches for 640m across the 382-shear prospect, which will assist in siting future drilling locations, over a prospective 2.5km long structure that has not been targeted by exploration in the past.

Venus/Rox deliver more golden hits near Youanmi

Venus Metals and Rox Resources have delivered more high-grade gold hits peaking at a metre grading 39.61 grams per tonne gold from 94m down-hole at the recently completed Stage 3 drilling campaign for the emerging Currans Find North discovery near Youanmi, WA. The results also confirmed the presence of two stacked gold lodes at the prospect and demonstrate that mineralisation remains open at depth and down-plunge.

Geopacific selects PNG gold process plant contractor

Geopacific Resources has appointed Perth-based GR Engineering as the engineering, procurement and construction contractor for the processing plant at its Woodlark gold project in Papua New Guinea. The agreement covers the planned 2.4 million tonne per annum carbon in leach facility, tailings line and other supporting infrastructure with the potential for early works to procure tenders and pre-order long-lead items.

High grade assays extend Classic gold play at depth

Classic Minerals has generated additional high-grade gold intersections from drilling at its Kat Gap project near Southern Cross, WA, extending the gold system by another 50m vertically at depth. The program targeted the ore body down-dip, producing exceptional new intercepts including 9m @ 20.94g/t from 123m down-hole, which also indicated the ore zone shallowing with depth.

BlackEarth graphite meets battery anode specs

Independent testing has indicated that graphite concentrate from BlackEarth Minerals’ Maniry project in southern Madagascar, meets the purity specification required by lithium-ion battery anode material manufacturers. The company is continuing discussions for potential offtake agreements and has entered into several confidentiality agreements with interested parties.

Northern pegs widest rare earth zone to date in WA

Northern Minerals has delivered its best-ever drilling result at the Browns Range project near Halls Creek, WA, with an exceptional 52-metre wide intercept grading 4.15% TREO recorded at the emerging Dazzler prospect. The company also discovered a new ore position just 350m to the southeast of Dazzler and will kick off further drilling in the region starting early next month.

MGC lands approval for epilepsy treatment study

MGC Pharmaceuticals has received Human Research Ethics Committee approval to carry out a clinical study comparing the effectiveness of its medical cannabis products for the treatment of severe epilepsy. This will compare its pharmaceutical-grade low tetrahydrocannabinol medicine authorised for prescription as an Investigational Medicinal Product in Australia and the UK, against its 100% cannabidiol product.

Middle Island sells West African gold project

Middle Island Resources is selling its Reo gold project in Burkina Faso, West Africa, to Tajiri Resources Corporation after the Vancouver-based company exercised its option to acquire the project. Tajiri has paid the company a final USD$150,000 option extension and exercise fee and will pay Middle Island USD$335,000 in cash and 5 million Tajiri shares, representing an 8% stake in Tajiri, for the project.

High grade extension for Image’s WA mineral sands mine

Image Resources has mapped out ultra-high-grade heavy mineral sands mineralisation for a further 2km northwards at its Boonanarring mineral sands project near Perth. The company has now completed infill drilling across all proposed mining blocks at the operation, with assay results expected shortly, which should allow a full update of mineral resources and ore reserves for the project in the December quarter of this year.

Strike eyeing more gas at Perth Basin well

Strike Energy’s West Erregulla-2 well in Western Australia’s Perth Basin has intersected extended drilling breaks with associated elevated mud gas readings in the target High Cliff sandstone. The company will continue drilling through the remaining High Cliff formation until the well intersects the Holmwood Shale before commencing a full suite of wireline logging tools throughout the High Cliff and Kingia sandstones.

St George identifies new base metal zone in WA

St George Mining has delineated a new occurrence of high-grade nickel-copper sulphide mineralisation in drilling at its Radar prospect near Leonora, WA, which extends the strike of the emerging Cathedrals Belt base metal deposits to 5.5km. The program was targeting chargeable EM anomalies identified from geophysics below the sand cover and defined a wide zone of disseminated and massive sulphides at a depth of 44.2m down-hole.

ClearVue targets Asia with Singapore move

Smart building materials trailblazer, ClearVue Technologies, is advancing its global expansion plans with the establishment of a Singapore office and the signing of a collaboration agreement with CSME Power Systems. The company’s new subsidiary, ClearVue Asia, will operate in Singapore and Malaysia while the agreement with CSME is expected to fast track its entry into significant government and corporate contracts.

Surefire primes for gold drilling near Sandstone

Surefire Resources is poised to commence a 30-hole reverse circulation drilling campaign totalling 3,000 metres at its Victory Bore project near Sandstone, WA, next month, to test seven target areas highlighted by anomalous gold with coincident geophysical anomalism. Previous drilling in the 1990s defined a gold-in-soil anomaly about 4.4 kilometres long and up to 750 metres wide.

Spectrum growing gold target list near Youanmi

Spectrum Metals’ recently completed detailed sub-audio magnetic survey has identified several new targets in the gap zone between the Penny North deposit and the Columbia-Magenta targets of its Penny West gold project near Youanmi, WA. The company is currently increasing its drilling capacity and will test targets generated from the survey over the coming months.

Kairos nails 4km long gold anomaly in Pilbara

Kairos Minerals has delineated a 4km long gold-in-soil anomaly adjacent to a prospective geological contact at its emerging Croydon project, located near Port Hedland, WA. The anomaly incorporates a coherent, higher-grade core over more than 1km containing greater than 100ppb gold and may represent a conventional, subsurface bedrock gold target, in addition to the well-defined, conglomerate-hosted gold potential of the district.

Australian Potash DFS highlights $100m annual cashflow

Australian Potash’s Lake Wells SOP project near Laverton, WA, could churn out annual pre-tax free cash flows of $100 million via the production of 150,000 tonnes of SOP per year according to its much-anticipated definitive feasibility study. Capex for the project has been estimated at $208 million including a $20 million contingency, while pre-tax net present value was estimated at $665 million.

Hawkstone lifts lithium clay exploration target by 15%

Hawkstone Mining has expanded the Exploration Target for its Big Sandy lithium clay project in Arizona state, US, by 15%, with new mapping and sampling in the Southern Mineralised Zone demonstrating similar geology to ore zones recently drilled further north. The updated Exploration Target now stands at between 280.1 million and 492.6 million tonnes grading from 1,000 ppm lithium to just over 2,000 ppm lithium.

Hot Chili maps out new anomaly at Cortadera

Hot Chili has identified a new conductivity and chargeability anomaly north of the Cuerpo 3 porphyry copper-gold ore system within its Cortadera project in central Chile, from reprocessed geophysical data. The company has also recorded visual chalcopyrite within mineralised porphyry over the entire extent of the first diamond hole in its Phase 2 drilling campaign at Cortadera.

Currans Find upgraded with new assays from Venus/Rox

Venus Metals and Rox Resources have revealed that 1m interval drilling assays from their Currans Find North gold discovery near Youanmi, WA, have provided significant upgrades to the initial 4m composite samples tabled earlier this month. New high-grade results included 3m @ 32.58g/t gold from 115m and 4m @ 9.25g/t gold from 46m down-hole, which contained a 2-metre section at 16.05g/t gold from 48m.

Anglo spruiks open cut gold potential at Mandilla East

Anglo Australian Resources’ diamond drilling campaign at its Mandilla East gold prospect near Kalgoorlie has returned a wide interval of 60.2 metres grading 3.79 grams per tonne gold from 65.8m down-hole and 64.7m @ 0.71g/t gold from 183m in the same drill hole. The company added that Mandilla East may be suitable for a future bulk tonnage, low-grade, open cut gold mining operation.

Buru expands oil production with Canning Basin well

Buru Energy is targeting further oil production from its Ungani oilfield in the onshore Canning Basin in Western Australia with the spudding of its Ungani-7H development well. The company plans to use a coiled tubing unit to drill the horizontal Ungani Dolomite reservoir sections of the earlier Ungani-6H and the current Ungani-7H wells in October, before placing both wells into production.

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King River set to power the world with amazing vanadium resource

High purity vanadium is being tipped for greatness as a revolutionary force in battery storage of renewable energy. Perth’s King River Copper may well have the largest and highest purity in-ground resource in the world in W.A. Last week the company proved it could produce the holy grail of purity levels at 99.5%, placing it amongst elite company around the world.

88 Energy rubbing shoulders with oil majors in Alaska

A Perth based ASX listed junior has quietly been sweeping up big swathes of lucrative acreage in Alaska’s hottest oil province known as the North Slope with the truth diviner in the form of a drill rig about to be put to the test in coming months. 88 Energy will soon drill a well targeting up to 400 million barrels at its Western Blocks project in the region.

Tantalising gold recoveries for Novo in the Pilbara

Pilbara conglomerate gold theorist Novo Resources has generated rich concentrates from ore sorting trials at its Comet Well project near Karratha, producing ore grades up to 792.4g/t gold. The company also separated coarse gold nuggets from gravelly ore horizons at its Egina project near Port Hedland using gravity techniques and it has suggested that the procedure could be ramped up to a larger scale in the future.

Novo has nearly 90% gold recoveries in the Pilbara

Pilbara conglomerate gold theorist, Novo Resources, has generated encouraging gold recoveries of up to nearly 90% from ore sorting trials at its Comet Well project located near Karratha in WA. The trials produced ore grades up to 792.4g/t in sorted gold concentrates and additional work will now be undertaken at smaller crush sizes and on oxidised ore samples to optimise gold recoveries even further.

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Weebit makes breakthrough with game changing memory tech

Technology company Weebit-Nano continues to make big strides in the development of its game changing “Re-Ram” memory storage technology with the announcement of successful electrical testing.  Weebit believes Re-RAM has the capacity to revolutionise memory storage due it being faster, cheaper and requiring less energy than current flash storage methods.

Sharks wary of SMS patterned wetsuit says UWA

ASX listed Shark Mitigation Systems have achieved scientific validation of their unique, patented, shark deterrent wetsuits after the University of W.A completed a ground breaking trial of the company’s “SAMS” wetsuit technology with live white sharks in South Africa. The results, which are quite stunning, show that it took a shark 400% longer to engage with a SAMS wetsuit.

Pilbara Minerals to move into Lithium downstream processing with Chinese

In the Lithium business it can be very profitable to own a mine, however, turning that Lithium into battery grade chemicals, commonly known as downstream processing, can be even more lucrative. Market darling Pilbara Minerals have given a hint of their medium term strategy after signing an MOU to move into the Lithium downstream processing business with the Chinese. 

Weebit to collaborate with Global tech powerhouse to commercialize revolutionary computer memory

It doesn’t happen often but every now and then a tech story comes along that looks like it just might survive the tech bubble and create a real business that makes real money. One such story at least at face value is ASX listed Weebit Nano that was back door listed by Perth connections into Radar Iron earlier this year and is now headquartered in Nedlands.