Matt Birney

ASX-listed explorer, Impact Minerals, has returned high-grade, near-surface platinum group elements and base metals drill results from the Plat Central prospect at its Broken Hill project in NSW. The stand-out intercept was 1m going a scintillating 22.7 grams per tonne 7PGE, 3.3 per cent nickel, one per cent copper, 23 g/t silver and 755 g/t cobalt from 62m.

Hot Chili has shaken the tin and come away an impressive $25.6 million, completing a placement to fund an accelerated development program in Chile and maintain its wholly owned position in the massive Costa Fuego project. The company will use the proceeds of the raising to fund the second US$10 million instalment payment for the purchase of Cortadera and to accelerate its drilling across the project area.

ASX-listed gold explorer, Anglo Australian Resources, has added a second RC drill rig to its exploration program chasing extensions to the known mineralisation at its 100 per cent-owned, historic Mandilla gold project, 70km south of Kalgoorlie in Western Australia. In a rush to firm up some fresh gold resource numbers, Anglo has the drill rods spinning in tandem at both the Mandilla East and South targets.

Legend Mining has ended its 2020 field season in dramatic style with its latest drill hole at the Mawson nickel discovery in WA intersecting a total of 43.1m of massive sulphides, including one continuous intercept of 31.1m. The company’s ongoing, almost uninterrupted recent success at Mawson hints that exploration has perhaps only scratched the surface of the discovery.

ASX-listed Impact Minerals has added another feather to its exploration hat acquiring the Beau permit, located just 15km north of Impacts existing Arkun project approximately 100km east of Perth in WA’s emergent South West Mineral Field. The region has been an area of increasing interest for explorers in the aftermath of the stunning nickel-platinum group elements discovery at Julimar.

ASX-listed gold and base metals player, White Cliff Minerals, has upsized its maiden RC drilling campaign at the historic Reedy South gold project in WA’s Murchison Goldfields after managing to lay its hands on a larger second drill rig. The Perth-based company intends expanding the current Reedy South drill program from 3,000m to approximately 4,500m.

ASX-listed Kalgoorlie gold miner, Horizon Minerals, has picked up a 50 per cent stake in the high-grade Penny’s Find underground satellite gold deposit in WA’s Eastern Goldfields for $1.5 million cash. As part of the transaction that sets up a 50:50 joint venture, the company has also agreed to fund the proposed development of the historic gold mine 50km north-east of Kalgoorlie to the tune of $1 million.

Infinity Lithium has added further weight to the company’s technical committee as it charges through its feasibility study over the San Jose lithium project in western Spain. The company has appointed lithium processing specialist, David Maree to the company’s technical committee. Mr Maree will work with Executive Director Jon Starink to refine and innovate the process flow sheet as test work continues at Dorfner Anzaplan in Germany.

Gerard Private Holdings’ wholly owned subsidiary Zimi Powermesh, which is on the cusp of merging with smart home technology group, Quantify Technology, has just received an order for a whopping 10,000 units of its internet-connected devices. Once the acquisition of Adelaide-based Zimi has been ratified by Quantify shareholders at its annual general meeting next week, the merged entity plans to undertake a $4 million capital raise.