Venus Metals has discovered highly anomalous nickel, copper, chromium, platinum and palladium in soils in its Barrabarra North project next door to Chalices' acclaimed and similarly named Barrabarra project. Venus has also applied for two new exploration licences to increase its tenure in the area to over a massive 1000 square kilometres with planned systematic soil sampling and geophysical surveys on these tenements once granted.
Our board moves wrap includes Robert Ryan, Tim Goyder, Derek La Ferla, Jim Landau, Peter Marks, Jason Shaw, Louis Chien, DongMei Ye, Ric Jason, David Chapman, Lisa Mitchell, and Neil Meadows.
Investor and company director Tim Goyder, who leads two of WA's top 20 resources companies, has started winding back his public board roles, with Chalice Mining announcing Derek La Ferla as its new chair.
Western Australian companies Chalice Mining and Silver Lake Resources appointed females to their boards this month, ending all-male representation among the ASX 200.
Low-profile mining contractor Steve Coughlan is this year's winner of the GJ Stokes Memorial Award, recognising his success in building Byrnecut into a global industry leader.
Oar Resources has launched field exploration at its Crown nickel-copper-PGE and gold project just 9km west of Chalice Mining's heralded Julimar discovery in Western Australia. Geological mapping and outcrop sampling will look to assess about 20 identified target areas, with systematic soil sampling set to follow. A maiden drilling program is planned for later in the year.
The rods continue to spin for Oar Resources at the Gibraltar halloysite-kaolin discovery in SA with assay results now eagerly awaited from drilling to the north of the original discovery that netted high-grade halloysite with grades of up to 20 per cent in grade. Infill drilling has now commenced and regional exploration is set to follow and the granting of the Crown tenement in WA is also imminent.
Things are heating up for ASX-listed explorer, Impact Minerals across two projects in New South Wales. Government approvals have now been received for a highly-anticipated drilling campaign at the company's 100 per cent owned copper-gold Apsley prospect in the Lachlan Fold Belt. The results from final assays at the Broken Hill Project are also being assessed for follow-up drilling.
Gold has stood the test of time proving it to be a stand-out performer in 2020 following the onset of COVID-19. March saw the price of the yellow metal fall to US$1,486 per ounce before rising by a stunning 40 per cent to hit an all-time US$2,067 per ounce high in August. What does 2021 hold for gold?
Veteran mining entrepreneur Tim Goyder has emerged as one of Western Australia's wealthiest company directors, after the spectacular success of Chalice Mining this year.
Metal Hawk's share price closed up 30 per cent on its first day of trading, while fellow gold explorer Medallion Metals has sought an ASX listing before Christmas.
Chalice Gold Mines has reported another high-grade extension at its Julimar nickel-copper-PGE project in Western Australia, sending its share price to a record high.
Chalice Gold Mines has eyed a maiden resource estimate mid-next year for its Julimar nickel-copper-PGE project, while also revealing significant exploration results.
Venus Metals Corporation has joined the hunt for the next Julimar nickel-PGE discovery in WA with the company acquiring two new tenements at Bridgetown East. The tenure covers over 270 square kilometres of prospective stratigraphy and hosts a previously defined electromagnetic sulphide target in the southern portion of the project area. Geophysical and geochemical surveys over the target are expected to kick off in the coming weeks.
Black Cat Syndicate has launched a $10 million share placement, with three other Western Australian-based explorers also seeking funds to progress their gold and copper projects.
Chalice Gold Mines chairman Tim Goyder has sold 20 per cent of his shareholding in the company to accommodate strong demand for shares in this week's $30 million capital raising.
Chalice Gold Mines has taken advantage of a strong rally in its share price to kick off a $30 million capital raising through brokers Bell Potter Securities and Euroz Securities.
Chalice Gold Mines' shares were up more than 80 per cent today after releasing drilling results this morning while Mandrake Resources had big gains yesterday after announcing a farm-in deal with Andean Energy Resources on adjacent ground.
Birimian has announced the resignations of Greg Walker as chief executive and executive director, James McKay as chair, and Gillian Swaby as executive director.
Gold miner Saracen Mineral Holdings has appointed Anthony Kiernan as its non-executive chair, replacing Geoffery Clifford after nearly four years in the role.
Stavely Minerals, Prodigy Gold, Chalice Gold Mines and St George Mining are among the Western Australian miners that will share in $31 million allocated through the federal government's Junior Minerals Exploration Incentive announced today.