Public Companies

Whitebark Energy has raised $2m from new investors to explore the promising Aliya hydrogen, helium and natural gas project in South Australia’s Officer basin, part of the Great Victorian desert.

BULLS N’ BEARSWhitebark $2m placement fuels SA hydrogen-helium exploration

Whitebark Energy’s stock surged 25pc to 1c after nabbing $2m in fresh cash from a placement at 0.0065c to fuel a push into hydrogen and helium exploration in South Australia through its takeover of King Energy.

James Pearson

Aurumin Ltd’s Central Sandstone project has an increased mineral resource after a recent drilling program at the company’s Plum Pudding deposit in WA.

BULLS N’ BEARSAurumin sinks teeth into WA Plum Pudding gold resource boost

Aurumin Ltd has sunk its teeth into the company’s Plum Pudding gold deposit, with a 33pc rise in its resource after a recent drilling program at its Central Sandstone gold project, 520km northeast of Perth.

Craig Nolan

A core section highlighting semi-massive pyrrhotite from 523.9m, which includes gold grading 17.6g/t from Strickland Metals’ Gradina prospect at its Rogozna gold and base metal project in Serbia.

BULLS N’ BEARSStrickland hits more high-grade gold at Gradina prospect in Serbia

Strickland Metals has again struck gold at its Gradina prospect in Serbia, with a stellar 14.3m intercept grading 8g/t from 517m, including a 2m hit at 17.6g/t, highlighting the deposit’s high-grade potential.

James Pearson

The Mount Morgan gold mine, once the world’s largest gold mine, nearby Dart Mining’s Raglan Goldfield application in central Queensland.

BULLS N’ BEARSDart stakes historic goldfield to expand Queensland footprint

Dart Mining consolidates its Queensland foothold by applying for a 192km2 stake of the historic Raglan goldfield in the State’s New England Orogen, a region renowned for its multi-million-ounce gold deposits.

Andrew Todd

St George Mining puts new hands at the helm, with a niobium processing expert in charge of mineral processing, feasibility studies and planning at its new Araxá niobium operation.

BULLS N’ BEARSSt George appoints big gun for new Brazilian niobium mine

St George Mining has engaged one of the world’s leading authorities in niobium ore processing, Ricardo Maximo Nardi, to progress its high-grade niobium-rare earths Araxá project in Brazil’s Minas Gerais region.

Doug Bright

Bulls N’ Bears takes a look at notable drill hits during the past week from ASX-listed companies.

BULLS N’ BEARSAntipa nails 90.7g/t in long series of gold intercepts at WA project

Bulls N’ Bears Big Hits this week examines some notable drill intercepts revealed on the ASX, including three gold-copper intercepts by Antipa Minerals in a single WA hole that jagged to 0.55m at 90.7g/t gold.

Doug Bright

Mount Ridley is searching for high-grade iron ore in banded iron formation units, which are often found in Western Australia.

BULLS N’ BEARSMount Ridley discovers high-grade iron ore in WA rock chips

Mount Ridley Mines has discovered high-grade iron ore, including a headline 62pc iron grade, in rock chip grab samples from a reconnaissance program at its Weld Range West project, in WA’s Mid West region.

Craig Nolan

Auric Mining managing director Mark English says the company made significant progress over the past quarter.

BULLS N’ BEARSAuric basks in $10m cash pile from WA Jeffreys Find gold sales

Auric Mining is basking in a $10 million cash pile after selling 14,853 ounces of gold from Jeffreys Find mine in WA having netted $58.7m in gold sales at an average $3952 per ounce last year.

James Pearson

This week’s Bulls N’ Bears ASX Runner of the Week is… Bio-Gene Technology.

BULLS N’ BEARSASX Runners of the Week: Bio-Gene, Alterity, Aston & Canterbury

This week’s Bulls N’ Bears Runner of the Week is… Bio-Gene Technology. Their shares surged after scoring US defence grants, while Alterity Therapeutics, Aston Minerals and Canterbury Resources also ran hard.

Craig Nolan

88 Energy is planning to drill its Tiri-1 exploration well in its Leonis project on Alaska’s North Slope to test its maiden prospective resource.

BULLS N’ BEARS88 Energy delivers 283MMbbl prospective Alaskan oil resource estimate

88 Energy could be sitting on an estimated 283m barrels of oil recoverable from its Canning prospect in Alaska, according to a just released maiden, total net mean, unrisked prospective resource estimate.

Doug Bright

An underground gold-bearing quartz vein is assessed at Aguia’s Santa Barbara project in Colombia.

BULLS N’ BEARSAguia maiden pour triggers gold rush at Colombian project

Six months after picking up the once-dormant high-grade Santa Barbara gold project in Colombia via a takeover of Andean Mining, Aguia Resources has triggered a gold rush with a maiden pour of the yellow metal.

James Pearson

Infini Resources have their equipment on site for the company’s diamond drilling program at its Portland Creek project in the Canadian province of Newfoundland and Labrador.

BULLS N’ BEARSInfini fires up drilling to chase promising Canadian uranium discovery

Infini Resources has fired up a maiden drilling program at the company’s Portland Creek project in Canada, where it previously unearthed astonishingly high-grade soil samples up to 7.5 per cent uranium oxide.

Craig Nolan

Lycaon Resource’s reverse circulation drill rig at the company’s single hole to test its Stansmore magnetic anomaly in WA’s West Arunta region

BULLS N’ BEARSLycaon hits likely shear-hosted rare earths at remote WA project

Lycaon Resources’ scout drilling at its Stansmore target in WA to test a magnetic anomaly has intercepted 1m at 425ppm of combined niobium, neodymium and praseodymium and 217ppm yttrium and ytterbium from 302m.

Doug Bright

ADX Resources began testing its Welchau-1 gas discovery in Upper Austria in December last year.

BULLS N’ BEARSADX banks $2.3m in oil, gas sales revenue from European expansion

ADX Energy has banked $2.3m in sales for the quarter from its Austrian oil and gas projects, with net production averaging 218 barrels of oil equivalent per day.

Rowena Duckworth

Brightstar Resources has begun loading and hauling ore from its Second Fortune ROM in Western Australia to the nearby Laverton mill for processing.

BULLS N’ BEARSBrightstar starts hauling golden WA ore towards production

Brightstar Resources is motoring down the road to production, having started hauling its gold-bearing ore to the nearby Laverton mill in WA as part of a sale agreement with renowned goldie Genesis Minerals.

Craig Nolan

In two weeks, McLaren Minerals will kick off a drilling program at its massive 280 million tonne McLaren titanium sands project in WA’s Eucla Basin.

BULLS N’ BEARSMcLaren kicks off definition drilling at WA titanium project

McLaren Minerals is kicking off a drilling program to upgrade and develop the resource, and collect metallurgical samples at its massive 280 million tonne McLaren titanium sands project in WA’s Eucla Basin.

James Pearson

Galan Lithium undertook surface mapping and geophysical surveying of the Candelas project in Argentina over 10 days late last year to assess its geology and update its maps.

BULLS N’ BEARS138pc resource lift enhances potential of Galan Argentina lithium project

Galan Lithium has extended the previous 2019 resource estimate for its Candelas resource in Argentina from 685kt lithium carbonate equivalent to 1634kt LCE, an impressive increase of more than 138 per cent.

Doug Bright

Noronex Ltd has applied for two prospecting licences in Botswana, home to the zebra, as part of the company’s efforts to expand its search for the red metal.

BULLS N’ BEARSNoronex expands African copper hunt with new Botswana ground

Noronex Ltd aims to expand its prospective ground in Africa having lodged two new prospecting licences in Botswana over 1500sqkm of unexplored area adjacent to the company’s Damara copper project.

Craig Nolan

Banded iron formations commonly found in the Pilbara region of WA provide high-grade iron ore to China and other steel-producing nations.

BULLS N’ BEARSExplorers fire up search for steel alloy metals

Metals used for steel alloys are starting to come into vogue, with both big and small players moving heaven and earth to uncover the next big discovery of metals vital to the massive global steel industry.

Craig Nolan

Southern Hemisphere Mining has undertaken a magneto-telluric geophysical survey across the Llahuin project to assist in identifying hidden copper targets.

BULLS N’ BEARSSouthern Hemisphere drills big copper runs at Llahuin, Chile

Southern Hemisphere Mining has nailed a crop of copper runs in last year’s drilling results at its Llahuin copper-gold-molybdenum project in Chile, topped by a 105m run at 0.64pc copper equivalent.

Doug Bright

Castle Minerals recent reverse circulation drilling at the “4000 zone” in its Kandia prospect in the Upper West Region of Ghana has gold results in all four holes, with a top hit of 7m at 3.36g/t gold from 149m.

BULLS N’ BEARS Ghanaian gold play delivers for Castle with new drill hits

Castle Minerals’ 4-hole reverse circulation December drilling campaign at its Kandia gold prospect in Ghana intersected 7m at 3.36g/t gold from 149m in one hole and 5m at 3.49g/t gold from 82m in a second.

Doug Bright

Drill rig at Viridis Mining and Minerals’ Colossus rare earths project in Minais Gerais, Brazil

BULLS N’ BEARSViridis achieves major milestone for Brazil rare earths production

Viridis Mining and Minerals has reached a pivotal development milestone at its flagship Colossus rare earths project in the mining region of Minas Gerais, Brazil, having applied for an environmental licence.

Andrew Todd

Preparing for soil sampling at Reedy Lagoon’s Windmill prospect in Western Australia’s Central Wheatbelt.

BULLS N’ BEARSElevated WA Windmills gold assays spark excitement at Reedy Lagoon

Recent assays from 44 soil samples at Reedy Lagoon’s Burracoppin project in WA will have tongues wagging after elevated gold levels were revealed along the western edge of its Windmill prospect.

James Pearson

A view of the high-grade shear zone and sample sites at the historically mined Los Lirios antimony project in Mexico.

BULLS N’ BEARSEV Resources snags historic, high-grade Mexican antimony mine

EV Resources has struck a JV agreement to acquire the historically operated, high-grade Los Lirios antimony mine in Oaxaca State, Mexico, through a joint venture agreement aiming to fast-track production.

Andrew Todd