Matt Birney

Infinity Lithium Corporation will continue moving ahead with plans to submit a direct mining licence application for its San José lithium project in Spain after a decision from the Contentious Administrative Court in Cáceres confirmed that is the most suitable path forward. Following the termination of the its Investigation Permit Valdeflorez the company says it will now proceed with an alternative process to a mining licence and one in which it already has the backing of the regional government.

Chimeric Therapeutics says it has successfully completed the planned medicating of its third dose cohort as part of its study evaluating the safety of the company’s CHM 1101 cell therapy to treat glioblastoma. Glioblastoma is a rare but deadly aggressive cancer that can occur in the spinal cord or brain. The objectives of the study are to evaluate the safety and efficacy of the treatment and establish recommended dosing for a phase 2 trial.

Xanadu Mines has signed a non-binding gas offtake memorandum of understanding with Jade Gas Holdings for commercial gas sales to power the copper explorer’s Kharmagtai project in Mongolia. The deal is designed to secure a reliable, low cost and cleaner energy source for Xanadu’s Kharmagtai copper-gold project using gas from Jade’s TTCBM project only 80km away.

CZR Resources has struck a native title deal with the Robe River Kuruma people which will see the company place a high priority on protecting country as it presses ahead with plans to join the ranks o

Ora Banda Mining has secured funding support from shareholder Hawkes Point Holdings to continue developing its Riverina underground operation including exploration, resource development and capital expenditure. Hawkes Point is the gold producer’s largest shareholder and will provide Ora Banda with an unsecured loan of $11 million towards work at the project near Kalgoorlie.

Xanadu Mines is one step closer to finalising its phase two and three investment agreement for its Mongolian projects with Zijin Mining Group after the formal documentation for the deal was executed. Once approvals have been met, Xanadu will use Zijin’s investment to continue exploration of its prospective Red Mountain project in addition to making a final investment decision on taking its Kharmagtai project to the construction phase.

CZR Resources has expanded its Robe Mesa project in the Pilbara after agreeing to acquire a nearby tenement from Fortescue Metals Group subsidiary FMG Pilbara to the south of Rio Tinto’s Mesa F iron ore project. Subject to the completion of the sale, the company will make a cash payment of $150,000 to Fortescue in addition to 3.3 million CZR shares and a 1 per cent free-on-board revenue royalty covering any future production from the site.

Gold strikes in oxidised shale at Aruma Resources’ Melrose project in the Pilbara similar to those found in nearby mines have spurred the company on to keep sniffing around the iron ore-rich region.

An approval for a program of works is now the only thing preventing Galan Lithium from launching a maiden five-hole diamond drilling program at its newly defined Fry’s Block area, part of its larger Greenbushes South lithium project in WA. The campaign is expected to kick off in January and follows the discovery of three compelling pegmatite targets through fieldwork, geochemical analysis and a geophysical data review.