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. 

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Metalicity stakes more ground in the Paterson

Metalicity has more than doubled its targeted areas in the emerging Paterson copper-nickel-gold province in WA with its application for seven new exploration licences in three project areas that cover a total area of 3000km2. Exploration by WMC from 1966 to 1971 at the priority Warburton target, identified about 200 copper mineral occurrences and geochemically anomalous soils over significant strike lengths.

Independent nod for quality of MGC’s cannabis strains

MGC Pharmaceuticals has received independent verification from the University of Ljubljana Biotechnical Faculty and Pharma Lab in Slovenia that its proprietary cannabis strains have industry-leading levels of CBD and THC. The company will now carry out an additional breeding round as part of the genetics registration in the European Union to demonstrate the stability of the strains.

Aurora in 3D printing talks with major manufacturers

Aurora Labs is in detailed discussions regarding its 3D printing technology with two leading automotive manufacturers, two aerospace companies and several heavy machinery manufacturers. The company recently demonstrated the ability of its multi-level 3D printers to achieve print speeds of about 113kg per day, which is up to 55 times faster than the general market speed for 3D printing of around 1.96kg per day for titanium printing.

Hot Chili acquires major new copper project in Chile

Hot Chili has executed an option agreement to acquire a 100% interest in Chilean mining group SCM Carola’s Vallenar landholdings, that are adjacent to the company’s Productora and El Fuego copper assets in Chile. The new Cortadera tenements hold a significant copper-gold porphyry discovery which contains extraordinarily wide, consistent, drill intersections of copper-gold mineralisation only released earlier this month.

Australian Potash starts final feasibility field work

ASX-listed Australian Potash has started final field programs in the Definitive Feasibility Study for its Lake Wells sulphate of potash project near Laverton, WA. The company will drill up to three production wells for long term pump testing to confirm flow rates and construct trial evaporation ponds to establish the optimal commercial-scale pond design, in terms of cost of construction and effectiveness of the design.

Blina acquires intriguing Madagascan copper project

Blina Minerals has exercised an option to fully acquire the Maintirano copper project in western Madagascar, after completing extensive due diligence. Recent field work turned up very encouraging results with several samples exceeding 5% copper, including a sample that registered 37.5% copper and 33ppm silver. The company will now carry out airborne surveys to assist locating additional mineralisation.

Vonex accelerating cloud PABX user base growth

Vonex has added more than 1000 new registered PABX users in less than one month, double its typical growth rate of about 500 users per month. This takes its total registered user base to 27,000 as at 21 February 2019. The growth is due to in part to its new channel partner-focused sales software that significantly reduced average deployment time for a hosted PABX customer and the continued rollout of the NBN.

5km of graphite potential for BlackEarth in Africa

BlackEarth Minerals’ Maniry project in Madagascar now extends over 5km of strike, with the company locating wide, high grade graphite mineralisation over 52m grading 7.03% total graphitic carbon at its new Razafy SE prospect. The trench samples represent the true width of the mineralisation and may outline the potential for significant additional high-grade graphite resources to enhance the value of the project.

Rods are turning for St George near Leonora

St George Mining has started a 37 hole RC drilling campaign that is aimed at discovering more nickel-copper sulphides at its Mt Alexander project near Leonora in WA. The program will initially target the new West End prospect to test for a continuation of the highly mineralised Cathedrals Belt towards the regionally important Ida Fault zone before moving on to test the new Fairbridge prospect.

Northern Minerals ramps up rare earths production

Northern Minerals is ramping up rare earths output at its Browns Range pilot plant in the East Kimberley region of WA to steady state levels to assess the quality of the rare earth carbonate produced. Data collected from the production of 7.2 tonnes of rare earth carbonate to date has provided the company with a better understanding of its ability to produce rare earths at the required specification.

Great Southern to fast-track gold drilling in WA

Great Southern Mining has stepped on the gas and will fast-track a program of infill and extensional drilling at its emerging Mon Ami gold project near Laverton in the north eastern Goldfields region of WA. The work aims to rapidly expand the current 59,000 ounce resource by drilling down-dip to the west, down-plunge to the north and along strike up to 1km south of the existing resource.

Lithium Australia grows spodumene processing tech

Lithium Australia has initiated the next stage of development for its LieNA spodumene processing technology after preliminary R&D showed that further work on the process was warranted. The process seeks to recover lithium from spodumene without the need for expensive, energy-hungry roasting by using a caustic solution to leach the lithium from spodumene and recover it as lithium phosphate.

Pilbara gold resource update on the cards for Novo

Canadian conglomerate gold specialist Novo Resources has reported encouraging and consistent gold grades averaging 2.55g/t from a regional, bulk sampling program at its Beatons Creek gold project near Nullagine in WA. The current mineral resource sits at 8.38 million tonnes grading 2.47g/t gold for 667,000 ounces and will be updated this quarter using the bulk sampling results and a new 3D geological interpretation.

Caravel drills 202m wide copper zone in the Wheatbelt

Caravel Minerals has confirmed a new geological model for the flagship Bindi deposit, located near Perth in WA, after drilling multiple new zones of copper sulphide mineralisation up to 202 metres wide grading 0.31% copper at its namesake project. The company will use the new data to update the mineral resource model and estimate for the Bindi deposit later this quarter.

Spectrum starts gold drilling in WA

Spectrum Metals has started spinning the drill bit at its new Penny West project in the Murchison mining district, one of the highest grade open pit gold mines ever worked in Western Australia. The 4500 metre maiden drill campaign is primarily aimed at defining and extending the mineralised envelope below the Penny West open pit. Final assay results are expected during April.

Key cancer drug trial underway for PharmAust

PharmAust has kicked-off its highly-anticipated Phase I clinical trials for its flagship anti-cancer drug Monepantel in dogs using the first batch of 2000 tablets manufactured to its new and better-tasting formulation. The initial component of the trial is designed to validate the performance of the drug in different dietary settings that dogs may encounter at home. First results are expected in the middle of March this year.

Hot tenement granted to Artemis in Paterson Range

Artemis Resources has been granted the key Armada prospect tenement in the emerging Paterson Range copper-gold province in the eastern Pilbara region of WA that surrounds Greatland Gold’s spectacular new Havieron discovery on three sides. The company recently outlined multiple exploration targets on the tenement from a geophysical interpretation of a high-resolution, aeromagnetic survey.

Tyranna eyes suitors for Eureka dirt

Tyranna Resources has completed infill drilling at the mothballed Eureka gold project near Kalgoorlie and is in discussions with nearby processing mills for the sale of ore from potential mining at the project. The in-pit drilling campaign was aimed at confirming the continuity and grade of the mineralisation directly below the open pit floor to support the company’s plan to recommence open pit mining at the project.

Azumah strengthens case for Ghana underground mining

Azumah Resources has confirmed the presence of a large mineralised system for the Bepkong East Lode of its flagship Wa gold project in Ghana after intersecting a 99.5 metre zone @ 2.16g/t gold from 316m down-hole that includes higher grade results of 10m @ 5.01g/t gold from 369m and 8.5m @ 5.82g/t gold from 406m. This provides further support for a potential future underground mining operation at Bepkong.

Connected IO eyes further internet of things growth

Connected IO is looking to tap into the growing internet of things market, where global spending could pass the USD$1 trillion mark by 2022 as businesses become aware of its potential to cut costs and provide improved data for decisions. Connected IO reported total cash receipts of AUD$560,000 in the second quarter of the 2019 financial year, up 26% over the previous quarter.

Nusantara targets deep gold zones in Indonesia

Nusantara Resources has kicked off a program of deep exploratory diamond drilling at the Puncak Selatan prospect, adjacent to its flagship Awak Mas gold resource on the island of Sulawesi in Indonesia. The work follows on from impressive surface trenching results and is aimed at expanding the optimised limits of the proposed Awak Mas open pit, potentially increasing the project’s mine life and economics.

PharmAust subsidiary secures contract extension

PharmAust’s wholly-owned subsidiary Epichem will continue to provide its synthetic and medicinal chemistry expertise to leading research and development organisation Drugs for Neglected Diseases initiative, or “DNDi”, which extended its current contract for an 11th year. The contract extension is expected to generate up to $1.24 million in revenues for Epichem this year.

Abundant pegmatites for Lithium Australia at Youanmi

Lithium Australia has mapped three swarms of outcropping lithium-rich pegmatites over a total strike length of 2.5km and widths to 50 metres at its Youanmi project near Sandstone in the Murchison region of WA. The company will use recently acquired high-resolution geophysical surveys of the region, along with its recent geological mapping program, to delineate lithium drilling targets at the broader Youanmi project.

Image completes Boonanarring ramp-up ahead of schedule

Image Resources has completed the ramp-up of its Boonanarring project just north of Perth to full production in just two months, well in advance of the planned six month ramp-up schedule in the bankable feasibility study. The company has also shipped a full complement of about 20,000 tonnes of heavy mineral sands this month and expects to achieve positive project cash flow before the end of the current quarter.

96% recoveries for Caravel’s flagship copper project

Caravel Minerals has reported high recoveries of copper averaging 96.1% at coarse grind sizes from a metallurgical test program carried out on diamond core ore composites at its namesake project in the Wheatbelt of WA. The results eclipse the 92% recovery used in the 2016 scoping study and will now feed into the company’s updated scoping study report, which is due for release next month.

New find of copper/gold on Bougainville for Kalia

Kalia Limited has delineated a new exploration target at its Teosiri prospect on Bougainville Island in PNG, with rock chip sampling turning up assays of 2.76 g/t gold, 4.9g/t silver, 0.32% copper, 1.22% lead and 2.4% zinc. The company is also finalising an independent geophysical analysis report from a detailed airborne survey completed last year, which will guide future exploration programs across its Toro JV tenements.

88 Energy spuds high impact Alaska oil well

88 Energy has spudded its highly anticipated Winx-1 exploration well in Alaska’s famed “North Slope” oil province that targets a gross, best estimate, prospective resource of about 400 million barrels of oil across multiple stacked objectives, including the Nanushuk Formation, which is the primary target of the well. Winx-1 is adjacent to Oil Search’s Horseshoe discovery that hosts between 500 million and 1.2 billion barrels of oil.

Aurora goes supersonic in 3D printing race

Aurora Labs has announced that its multi-level Rapid Manufacturing Technology is able to 3D print about 113kg of metal parts per day, an impressive 55 times faster than the general market speed. The company has flagged the potential to further increase its print speeds too by using two sub-units in its Alpha machine, which could almost double the speed capacity of the single unit configuration.

Lithium Australia eyes battery components in Germany

Lithium Australia will carry out a preliminary study into the production of lithium-ion battery components using lithium micas sourced from its wholly-owned Sadisdorf project in Germany. This will involve the extraction of lithium phosphate utilising the company’s proprietary SiLeach process. Cassiterite mineralisation will also be processed into a saleable tin concentrate to add more value for the project.

Great Southern finds more mineralisation in Qld

Great Southern’s rock chip samples taken from weathered and oxidised gossanous outcrop at the SW-1 prospect of its emerging Edinburgh Park project in northern Queensland has returned high grade results of up to 10.6g/t gold, 315g/t silver and 1.95% copper. Further mapping and sampling programs are being carried out to better define the polymetallic prospect.

Vonex closes in on commercialising conference app

Vonex is making solid progress towards commercialisation of its ground-breaking Oper8tor communications App with the company poised to make a “white label” version available to businesses next month. The company also plans to make the iOS and Android versions of the Oper8tor Conference app available for download in Australia in March, ahead of a commercial launch in Europe by July.



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.