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2021-04-16 by Proactive Australia Corazon Mining Ltd s (ASX:CZN) first phase 2021 drilling campaign at Lynn Lake Nickel-Copper-Cobalt Sulphide Project in Manitoba Province, Canada, has intersected favourable host rocks and extensive indications of magmatic nickel-copper sulphide mineralisation. The company completed three holes for a total of 1,482 metres, resulting in a successful first-pass test of a new target area west of the Fraser Lake Complex (FLC). Drilling has also confirmed MobileMT s effectiveness in identifying areas most favourable for magmatic nickel-copper-cobalt sulphides at Lynn Lake. Similar size to Lynn Lake mining centre Corazon managing director Brett Smith said: The aerial MobileMT geophysics identified a large area of conductance, previously not recognised as prospective for nickel-copper sulphides. ....
China stocks, China small caps, comment, analysis, financial news, news, mining news, oil and gas news on small cap companies on the Hong Kong, Shenzhen, Shanghai, Australian Stock Exchange, Toronto Stock Exchange, NYSE, NASDAQ and London Stock Exchange and AIM markets in China, Australia, Canada and the UK. ....
2021-04-15 by Proactive Australia Element 25 Ltd (ASX:E25) has completed an extremely successful first stage of development at the wholly-owned, world-class Butcherbird Project in Western Australia, with the first manganese ore processed through the plant. In-spec 30-35% manganese content concentrate has been produced early in the commissioning process and early indications are encouraging with respect to potential plant throughput. The project build and commencement of commissioning has been completed within 11 months from the delivery of the pre-feasibility study (PFS) published in May last year. First shipment on horizon Element 25 managing director Justin Brown said the world-class manganese resource being developed at Butcherbird would hold the company in good stead. ....
2021-04-14 by Proactive Australia OAR Resources Ltd (ASX:OAR)(FRA:F1S) continues to firm-up the halloysite-kaolin potential at its Gibraltar Halloysite-Kaolin Project on South Australia s Eyre Peninsula, with the completion of the latest phase of extension aircore drilling. Gibraltar is adjacent to Andromeda Metals Ltd s (ASX:ADN) Mt Hope Kaolin-Halloysite Project that has attracted considerable global attention in the last 12 months. OAR s most recent drilling has shown good white kaolinitic saprolite development in the southern portion of the drilling grid, adjacent to and along strike from the previous phase of drilling. The company also notes that the depth to basement/thickness of cover increases to the north. ....
2021-04-14 by Proactive Australia Legend Mining Limited (ASX:LEG) has grown the mineralised intrusive footprint of the flagship Mawson Nickel-Copper-Cobalt Prospect within the Rockford Project on WA s Fraser Range with new diamond drilling intersecting further mineralised lithologies. The first diamond holes for 2021 have returned encouraging visual results to the south and southeast of Mawson as well as in the northern portion of Eastern Aircore Geochemical Anomaly (EAGA). Off hole conductors have been detected in the first two holes and further DHEM work underway. Successful start Legend managing director Mark Wilson said: This has been a successful start to our 2021 diamond drill program with step-out holes intersecting mineralisation in the right rocks in all traverses drilled this year which adds to our confidence of a large mineralised system at this prospect. ....