The June half’s results demonstrate a step change in the operation’s economics.
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The Tritton Copper Operations in New South Wales hosts multiple mines.
First ore has been processed through the beneficiation pilot plant as part of the commissioning process.
Larger resources can lead to longer mine life which in turn derisks the mining operation.
Survey results identified a quartz vein system extending for at least 6,000 metres.
The broker report is looking to resource upgrades as near-term potential catalysts.
Delivery of VSPC’s lithium-iron-phosphate battery cathode material is expected to begin later this year.
27,970 metres were drilled in the recent June quarter at the Wa Gold Project.
The company is well funded following a $7 million institutional share placement last month.
The strike length potential has been doubled to 800 metres from 400 metres.
West Musgrave Project is the largest undeveloped nickel-copper project in Australia.
Modelling for Torrens indicates similar geophysical features to Olympic Dam, Prominent Hill, Carrapateena and Hillside.
The Zackly inferred resource is 41,000 tonnes of copper, 213,000 ounces of gold and 1.5 million ounces of silver over a strike length of 1 kilometre.
Bench-scale metallurgical tests have been carried out on samples from the Piedmont project in the Carolina Tin-Spodumene Belt.
Shares in the company have tripled over the past month to 14.5 cents.
The company has also completed a helicopter survey over cobalt-copper-silver targets in Northern Ireland.
The merger will see the Montepuez Ruby Project managed by a specialist gem company.
A 150-hole, 10,000-metre aircore drilling program is underway targeting conductors at Areas J, Q and U.
Kipushi has potential to be a high-value project with a low forecast operating cost of US$64.66 per tonne.
The depth of the intersection is comparable to mining depths at Independence Group’s Nova-Bollinger in the Fraser Range.
The company is on track to complete the bankable feasibility study in late 2018 or early in the new year.
The company's shares are trading 12.5% higher intra-day, at 0.9 cents.
The targets have similar geophysical features to Olympic Dam, Prominent Hill, Carrapateena and Hillside.
The K9B resource estimate takes overall Witwatersrand Basin Project to 3.67 million ounces.
The June 2018 quarter was a defining period in the preparation for continued growth at Nicolsons.