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Lithium Australia involved in new high grade Lithium float

The upcoming ASX float of Lithium Australia's Canadian partner, MetalsTech, on the ASX, is looking really interesting for Lithium Australia after they signed a strategic partnership agreement this week with the high grade Lithium explorer. MetalsTech recently returned amazing direct shipping grade surface samples in Canada that were grading up to 7% Lithium. 

It's Gold for Blackham

There is something quite special about turning an idea into reality AND making some money out of it - and its even sweeter when you manage to defy your critics in the process. Blackham Resources have certainly defied their critics by achieving their first gold pour this week at the Matilda project.

Lithium Australia snaps up hot Lithium ground near Earl Grey in mineral rights swap

Lithium Australia have swooped on hot new Lithium exploration ground in the Lake Johnston area east of Perth and close to the Earl Grey project that is creating so much excitement for investors. The company has dramatically expanded its footprint around Lake Johnston in an exploration rights swap with Lefroy Exploration in one of the hottest emerging Lithium precincts. 

Sky and Space Global marching towards 2017 nano-satellite launch

ASX-listed Sky and Space Global is running ahead of schedule with the assembly of its three demonstration "nano-satellites" as it progresses the launch of its potentially game-changing satellite based communications network. The company says construction of the first three units is due for completion in December ahead of the planned Q2 2017 launch.

Australia’s first Dysprosium mine looking good after FIRB approval for $30m Chinese investment.

The FIRB has cleared a $30m Chinese investment in Northern Minerals, clearing the way for the rapid development of the company's heavy rare earths project at Browns Range in WA. Northern Minerals have already banked $3m and will bank another $9m from Huatai Mining next week with two more $9m payments to follow.

Lithium Australia set to drill in Mexico near world class Lithium project

Lithium Australia is in the final approval stage for a maiden drill program in Mexico, adjacent to a world-class project that has already secured celebrated electric car maker Tesla as an off-take partner. It follows an announcement earlier in the week of an additional Lithium discovery at Electra from surface sampling that returned ore grade assays. 

PharmAust tests highly anticipated drug in 2nd dog with Cancer

Upstart biotech company Pharmaust is getting close to proving up their breakthrough anti-cancer drug in dogs with a second canine patient suffering from late stage cancer recruited last week. The company recently announced that a second dog had started treatment at Sydney's Animal Referral Hospital using PharmAust's reformulated drug known as Monepantel.

Pesky pegmatites thwart Pilbara Minerals' attempt to plan mine

You know you're onto something when you cant even find a spot to build your mine because you keep discovering more Lithium under areas designated for mining infrastructure. Such is the predicament of Pilbara Minerals who are strugging to find a non-mineralized spot to build their mine.

Hammer Metals uncovers cocktail of mineralization on $83k lease in Mt Isa

A recent drilling campaign at Perth based hammer Metals' "Millennium" project in Mt Isa has unearthed a cocktail of mineralization on a tenement package that cost the mining junior just $83k in cash and shares - and they bought it from Chinese interests. Minerals present include Copper, Gold, Cobalt, Silver and lead with most results easily convertable to plus 1% Copper equivalents. 

Low cost pilot plant to produce battery grade Lithium chemicals

Lithium Australia have begun the final stage of pilot plant trials to prove up their unique "Sileach" Lithium processing technology. The goal of the current trial is to prove to the market that the company's Sileach process can cheaply and efficiently turn raw mine product into highly sought after battery-grade Lithium Carbonate at around half the cost of traditional processes.

Blackham just days away from pouring first gold bar

Blackham Resources this week joined the select ranks of Australian gold miners with the commencement of production at their Matilda gold project in Wiluna. With 860 sq km's of tenements to explore and a stellar record of working out where the gold is hiding, it is safe to assume that Blackham's Matilda Gold resource wont sit at 5.1m ounces for long.

Terrain investigate on-site processing to fast track small scale production

Terrain Minerals, with a market cap of less than $4m and a share price of around .009c are looking to differentiate themselves from the sea of mining junior's by creating an early cashflow from their Great Western gold project near Leonora. The company has appointed a consulting metallurgist to investigate building an onsite gravity milling operation. 

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Runners of the week

Company NameOpenPeak
Ausquest0.00700.0160
Cape Lambert Resources0.01900.0390
GME Resources0.06100.1250
Pilot Energy0.00100.0020
Baraka Energy and Resources0.00100.0020
Resource Mining Corporation0.00400.0080
Conico0.04500.0850
Cohiba Minerals0.01800.0340
Capital Mining0.00800.0150
MacPhersons Resources0.13500.2450

Share Price

Closing price for the last 90 trading days
Source: Morningstar

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