Matt Birney

Tambourah Metals’ maiden drill program at the company’s namesake gold project in the Pilbara region of WA has confirmed and extended its geological model for the goldfield in addition to highlighting new targets. The first campaign at the Tambourah gold and lithium project comprised 2527m of RC drilling at five of its gold prospects — Tambourah King, Western Chief, Western Chief south, Federal and Kushmattie.

Blackstone Minerals has successfully ticked more boxes during its definitive feasibility phase of the company’s green nickel project in Vietnam. A raft of work has been completed including bench tests, design, procurement, assembly and commissioning of equipment in addition to successfully converting mixed hydroxide precipitate to metal sulphate.

Xanadu Mines is kicking off a new exploration campaign at the company’s highly prospective Red Mountain project in the South Gobi region of Mongolia targeting shallow high-grade gold, silver and copper. A previous diamond and RC drill program at the site uncovered some impressive results at the site’s Bavuu and Diorite deposits with a number of hits from surface.

ASX-listed gold producer Horizon Minerals has recorded a raft of encouraging intersections from an RC drilling campaign at its Honeyeater prospect, part of its Binduli gold project area about 5km west of Kalgoorlie-Boulder in WA’s Goldfields. The highlight was 1m at 68.04 grams per tonne gold from 74m, inside a larger 2m section going 34.85 g/t gold from the same depth.

American West Metals’ share price jumped 40 per cent in opening trades after news the explorer had made a major new copper discovery at its Storm project on Somerset Island in Nunavut in Canada. The company says recent drilling intersected more than 68m of stratiform copper sulphide mineralisation that is indicative of a major system at depth.

Mining software provider K2fly will launch a new technology platform later this year, capitalising on its experience gleaned from working with tier 1 and 2 miners in the increasingly critical environmental, social and governance sector. The company also unveiled collaboration to leverage its technology with Maptek, an organisation recognised as one of the world’s biggest private mining software companies with clients in 95 countries.

Xanadu Mines has received Australian Foreign Investment Review Board approval for Chinese mining giant Zijin to acquire shares in the company to develop its Kharmagtai copper-gold project in Mongolia. It is the first of three approvals required for Zijin to continue its three-phase investment in Xanadu that was announced in April. The project has a mineral resource estimate of 1.1b tonnes for three million tonnes of contained copper and eight million ounces of gold.

Pental, the ASX-listed supplier of well-known household cleaning products and chemicals, has delivered a strong set of figures for 2021-22 financial year, thanks in no small way to its acquisition last August of Hampers With Bite. Pental achieved underlying earnings before interest and tax, of $10.8 million — up 32.3 per cent. HWB’s earning rose almost 60 per cent.

Coda Minerals says stage 1 drilling at its Emmie iron oxide-copper-gold deposit in South Australia has enhanced geological understanding of the site and highlighted strong targets for further exploration. The company recently received the finals assays from the successful 23,000m drill campaign that identified three major conduits at the site including two geochemically and geologically distinct bornite zones.