Archives: Mineral exploration

Afghanistan-registered Silk Road Mining has signed a large-scale mineral development contract with the Ministry of Mines and Petroleum of the Islamic Republic of Afghanistan. The contract covers the exploration and subsequent exploitation of a large copper deposit known as Shaida, located in Herat Province. This is the first large-scale mining contract signed by the Government[…]

Ausdrill’s fully-owned subsidiary MinAnalytical has received accreditation to international standards for its ground-breaking PhotonAssay™ unit, following a rigorous validation process. The accreditation involved validating the technology through a series of tests, including benchmarking it against traditional fire assay mineral analysis. As a result, the National Association of Testing Authorities (NATA), has issued accreditation in compliance[…]

Velocity Minerals’ Balkan gold project envisions staged open pit mining of satellite deposits and transportation to a central CIL processing plant at Khardzhali.  In addition, potential development and expansion of the operating Chala underground mine at the project may increase throughput to the CIL plant. In February 2018 Velocity formed an Exploration and Mining Alliance,[…]

The Canadian Environmental Assessment Agency is conducting a federal environmental assessment of the proposed Red Mountain underground gold project, located northeast of Stewart, British Columbia. The project is also subject to requirements under the Nisga’a Final Agreement, a modern treaty signed by the governments of Canada, British Columbia, and the Nisga’a Nation. The Agency invites[…]

Westwater Resources (WWR) , an energy materials development company, has engaged two expert organizations, Metpro Management and Polaris Laboratories to propel the development of its battery-ready graphite business. These relationships will assist the company’s plan to begin generating revenues in the fourth quarter of 2020. Additionally, once process testing is completed, Westwater should be able[…]

FYI Resources Ltd provides a summary outline of its optimised high purity alumina (HPA) process flowsheet designed specifically for the kaolin feedstock from FYI’s Cadoux project in Western Australia. This follows the recent achievement of independently verified 99.997% HPA from Cadoux. Highlights: • Extensive metallurgical test work undertaken on Cadoux’s superior kaolin characteristics • FYI’s[…]

Infill drilling of the Tampia deposit has strongly validated the high-grade profile of the current Tampia Resource model and highlighted potential upside to the estimated mineable inventory.  A total of 70 holes on a 10 m by 10 m spacing (for 4,076 m) has been completed on part of the Tampia Resource as part of[…]

Thor Explorations Ltd announces it has signed a Memorandum of Understanding with NORINCO International Cooperation Ltd to enter into an EPC contract on a comprehensive lump sum turnkey basis to build the required plant and associated infrastructure for the company’s Segilola gold project in Nigeria. The scope of the EPC Turnkey Contract covers the design,[…]

In Australia, the untapped exploration potential of PNX Metals’ large Northern Territory tenement holding has recently been highlighted by a respected mining analyst as the company seeks to enhance the economics of its flagship Hayes Creek zinc polymetallic project. The company completed a PFS on Hayes Creek, 170 km south of Darwin in the Pine[…]

Cypress Development Corp reports positive results from a PEA of the its Clayton Valley lithium project in Nevada, USA. The PEA was prepared by Global Resource Engineering (GRE). Highlights: NPV of $1.45 billion at 8% discount rate and 32.7% IRR on after-tax cash flow Lithium carbonate price of $13,000/t based on Benchmark Research market study[…]