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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

Infinity’s Spanish lithium project suitable for hydroxide

Infinity Lithium has announced positive results from a scoping study to produce a high value lithium hydroxide product from processing of its San Jose ores in Spain. The work provides flexibility for the company to tailor offtake products to end user specifications from its existing processing flowsheet. There is a strong demand for the lithium hydroxide product currently, driven by battery requirements from the electric vehicle industry.

PharmAust biotech lab gets $1.6m contract extension

Perth-based Epichem, a wholly owned subsidiary of ASX-listed biotech PharmAust, has received a contract extension with a leading US biotechnology company, Unity Biotechnology. The new contract, worth around US$1.65 million out to 2020, means Epichem will continue to provide synthetic and medicinal chemistry expertise to support Unity’s drug discovery projects.

Lithium Australia encounters rare double of cobalt and lithium

Lithium Australia’s Eichigt project in Germany is looking a little more interesting after a second round of samples produced 1.47% cobalt and impressive lithium values from the same patch of ground. The rare double up of cobalt and lithium is contained in mineralisation not previously discovered in Saxony and augurs well for the company’s plans to supply battery metals to Europe.

Hot Chili to drill old copper mines in Chile

Hot Chili has commenced drilling at its very prospective looking El Fuego copper targets in Chile, with assay results due shortly. The program is testing extensions of shallow, high grade copper lodes at the historical San Antonio and Valentina mines. The company has initiated underground mapping and sampling at San Antonio and recently completed regional reconnaissance mapping and sampling.

Kopore confirms base metal drill targets in Botswana

Kopore Metals has reported over 10sq kms of prospective base metal soil geochemistry at the recently identified KM3 airborne electromagnetic target at its Ghanzi West project in Botswana. Ground EM surveys have confirmed coincident conductors from 50m, generating a high priority location for upcoming drilling programs. The company is continuing its regional soil sampling programs across its tenements.

Australian Potash on track for environmental milestone

Australian Potash remains on track for development of its Lake Wells potash project as it progresses the approvals and permitting processes with two key areas of environmental fieldwork now complete. A final field program is planned for the third quarter of 2018 with an all encompassing Environmental Review Document to be submitted shortly thereafter.

Excellent lead recoveries for Galena at Abra

Galena Mining has announced outstanding metallurgical test work results from its flagship Abra lead project, confirming its ability to produce high grade concentrates averaging 74.5% lead with recoveries exceeding 94%. Results showed that the ores can be processed into high quality base metal concentrates with low impurities, using conventional crushing and flotation techniques.

Middle Island finalising ore sorting trials

Middle Island Resources has reported that ore sorting trials to upgrade gold mineralisation at its flagship Two Mile Hill underground deposit will be completed this month. Preliminary test work has proved highly successful in pre-concentrating ores via optical sorting methods. Resource definition drilling is also underway and is designed to increase resources at the Sandstone gold project.

Connected IO poised for growth in cash receipts

Tech play Connected IO took in cash receipts and invoiced products this quarter to the value of $660,000 with another $650,000 in purchase orders on the books yet to be invoiced. Bottom line performance is also expected to improve with reduced U.S. overheads and renegotiated manufacturing costs expected to boost gross margins from 30% to 50% on some products.

Neometals signs MoU for Kalgoorlie Lithium Refinery

Neometals has executed a two-year option agreement with the City of Kalgoorlie-Boulder to sub-lease a 40 hectare site for its proposed lithium refinery, located in an industrial estate at West Kalgoorlie. The site is located close to critical road, rail and power infrastructure, just 70km by road from the existing Mt Marion Lithium operations, where the company will initially source the raw spodumene lithium feedstock.

Metalicity turns to battery metals after zinc spin-off

After agreeing terms for the spin-off of its giant Admiral Bay zinc project, Metalicity is now rapidly reshaping the company as a serious player in the battery metals sector. Exploration activity is being stepped up at three well-placed projects in lithium, cobalt and graphite, backed by an MOU already in place with Shanghai Metals for offtake, development and financing support.

High grade cobalt-copper assays for Hammer

Hammer Metals has announced significant cobalt-copper results from drilling at its Millennium JV project, near Cloncurry in western Queensland. The program tested up-dip continuity of the main lode, returning a best result of 7m @ 0.15% cobalt, 0.36% copper and 0.12g/t gold from 14m down-hole. The company also identified a new exploration target from rock chip sampling and mapping, 1km north of the Millennium resource.

Kopore to kick off maiden drilling near MOD

Kopore Metals will commence its maiden drill program at the Ghanzi West project near MOD Resources significant copper find in Botswana, following receipt of Government environmental approvals. The company defined a number of high priority exploration targets using a combination of airborne and ground geophysics, with coincident base metal soil anomalies.

King River backs up Mt Remarkable gold find

Junior explorer King River Copper’s gold project at Mt Remarkable in the Kimberley region of W.A could be just that – remarkable – if the latest drilling results are anything to go by. Assay results received in the past week have revealed fine visible gold in the latest drill holes including a 4m intersection going 113 grams per tonne gold.

Study gives Aspire confidence for Mongolian railway

Aspire Mining’s dream of a northern Mongolian railway has taken a leap forward with a feasibility study finding it could deliver coking coal from the company’s Ovoot deposit to world markets at competitive prices. The study highlighted the positive economics of the US$1.25 billion project which Aspire says will churn out US$2.75b in free cash after tax over thirty years.

Strike teetering on the verge of historic gas flow in S.A

Strike Energy’s technically ground-breaking Jaws-1 gas well at the Southern Cooper Basin project looks like it could be the making of the company after a vital fracture stimulation program was proclaimed a success yesterday. The company’s share price soared by 30% after it broke the news that all seven-stages of the Jaws-1 stimulation program had gone exactly to plan.

St George hikes on nickel-copper-cobalt assays

St George Mining shares have jumped by more than 20% on the ASX after news that its Mt Alexander project returned more high-grade drill hits. The copper-nickel-cobalt mineralisation remains open to the north, west and east and the latest results have highlighted the potential for further extensions of the mineralisation, with planning already underway for a follow-up drill program.

Auroch starts geophysics after rock chip discoveries

Auroch Minerals has initiated a geophysical survey program across its Arden base metals project, 360km north of Adelaide in S.A. Recent surface sampling identified highly anomalous zinc, copper, lead and cobalt mineralisation across three separate prospects. Interpretation of the survey data acquired will be used in conjunction with field mapping and geochemical sampling to identify drilling targets.

Malaysian Gov gives Altech the nod to manufacture

Altech Chemicals has announced it has received a formal manufacturing licence from the Malaysian Government for the company’s proposed 4,500 tonne per annum high purity alumina plant in Johor State at the southern tip of Malaysia. The company will source high purity kaolin clays from Meckering, near Perth in W.A. before transporting it to Johor, where it will be processed for industrial use.

UltraCharge locks in battery tech ahead of commercialisation

UltraCharge Limited has finalised a deal with ETV Energy in Israel, fully acquiring the company’s intellectual property rights to its LNMO battery cathode technology. The assets are a critical component in the manufacture of lithium-ion cells that UltraCharge will produce. The global market for lithium-ion batteries is forecast to reach USD$145.4b by 2025, driven by use in electric vehicles, consumer electronics, power storage and unmanned aerial vehicles.

Solid cobalt/gold grades in new drill hole for Blackstone

Blackstone Minerals has announced more encouraging results from its maiden drilling program at the Little Gem cobalt-gold play in British Columbia, Canada. High grade results include 3.2m @ 0.8% cobalt and 4g/t gold and were accompanied by extensive alteration zones, indicating a major system may feed the hydrothermal mineralisation being sought.

Tyranna adds 100,000 ounces of gold at Jumbuck in SA

Tyranna Resources has increased the gold resource at its Jumbuck Gold Project by 46% to 319,000 ounces and is planning a scoping study that will likely include a toll processing option. With all gold mineralisation at less than 100m and still open at depth, Jumbuck is looking to uncover the kind of plunging, high-grade ore shoots seen at the Challenger mine next door.

Calidus to plough 30,000m of drilling into Pilbara gold play

Calidus Resources has commenced a resource drilling program at its Warrawoona gold project in the Pilbara. The company is aiming to expand its mineral resource base beyond 1 million ounces, to underpin a PFS due at year’s end. The 30,000m program will target strike extensions and down-plunge positions at the main Klondyke prospect and also include exploratory drilling of prospective shear zones.

Lithium Australia picks up 0.6% cobalt in Germany

Lithium Australia’s plans to become a significant supplier of battery metals to Europe have taken another step forward with the discovery of cobalt at grades of up to 0.6% at its Eichigt project in Germany. The discovery was made from first-pass exploration in an area that has seen little modern exploration and is not far from the company’s significant lithium resource at the nearby Sadisdorf project.

Draig hunch paying off at Bellevue

Draig Resources has announced that a deep exploratory drill hole has intersected 4.3m @ 8.8g/t gold from 575.3m down-hole and is interpreted to be a faulted offset to the main lode at the old Bellevue gold mine that produced 800,000 ounces at around 15 grams per tonne gold. The new discovery is 190 metres west of the historic underground workings and located 500m from surface.

Serious assay results boost Adriatic’s aspirations in Bosnia

Zinc polymetallic explorer Adriatic Metals has every reason to be pleased with its latest assay results from the waste dump around an historic adit at the Jurasevac prospect at the company’s Vareš Project in Bosnia and Herzegovina. The Vareš project comprises an old open cut zinc/lead/barite and silver mine at Veovaca and Rupice and an advanced proximal deposit exhibiting high grades of base and precious metals.

King River secures personal tax credit for shareholders

King River Copper has provided an unexpected windfall for its investors by converting some of its exploration tax losses into a $306,000 tax credit that will be passed on individually to its shareholders under the Government’s “Exploration Development Incentive.” The credit is made possible by an innovative tax scheme introduced in 2014-15 to help greenfield explorers find Australia’s next big mineral deposit

Metalicity to extract value for zinc projects via Canadian IPO

Metalicity Limited will seek to extract fair value from its giant Admiral Bay zinc project in the Kimberley of W.A by vending all its zinc assets into a new company, Kimberley Mining Limited, to be listed on Canada’s TSX Venture exchange. The deal is worth up to CAD$32.5m for Metalicity and will advance its Admiral Bay project, whilst leaving the company cashed up to pursue its battery metals projects.

Halliburton rolls in stimulation crew at Strike gas well

Strike Energy is a step closer to discovering whether its Jaws-1 well will be a game-changer for the gas-starved east coast market, with Halliburton’s fracture stimulation equipment on its way to site. The pioneering Jaws-1 well was successfully completed earlier this month and could possibly be within weeks after a seven-stage fracture stimulation program.

PharmAust successfully reformulates cancer drug

ASX-listed biotech PharmAust, has successfully reformulated its promising anti-cancer drug “Monepantel”. Perth-based PharmAust says the new form of Monepantel, which now takes the form of dry tablets, improves the drug’s taste and meets dosage requirements, paving the way for trials in dogs expected to take place by the end of the year ahead of human clinical trials.

Venus to investigate “super-pit” at Youanmi company maker

Venus Metals has stitched up options with both the plaintiff and the plainted at the historical Younami gold mine, 250km west of Leonora. The transactions will cost less than A$6m in a mix of cash and shares and will guarantee that Venus emerges the victor in a legal dispute that it is not actually a party to. Hundreds of thousands of ounces were left in the ground when the mine was closed in 1997.

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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.