Last week, the company commenced drilling targeting further high-grade gold at the Mt Remarkable project.
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The halt will remain in place until Friday, May 25 or earlier if an announcement is made.
The tests on fresh high-grade massive magnetite have resulted in recovery of saleable nickel, copper and cobalt.
Sandfire sees Morck's Well as a new volcanogenic massive sulphide (VMS) target.
The recent Zaraa discovery hole intersected 928.4 metres at 0.30% copper and 0.27 g/t gold.
The company is planning a phase II auger drilling program in early June.
The company's flagship assets is its Mt Venn copper-nickel-cobalt project.
The company recently intersected nickel-copper sulphides at the Odin prospect.
The company’s shares have jumped 23% on news of the renewal for a further two years.
Oversubscribed placement ensures Battery Minerals continues to be on track for commissioning in Q1 CY2019.
The definite feasibility study on the Lake Wells Sulphate of Potash Project is continuing.
The new licence contains a zinc-lead gossan with 600 metres of strike and of several metres in thickness.
Preparations for the 2018 field program are now well advanced with drilling scheduled to commence in a few weeks.
Jon Dugdale has acquired a further 400,000 shares on-market, taking his total holding to 2 million.
Tancoal Energy Limited thermal coal sales were up 3% during April and 25% higher than the corresponding month in 2017.
The project is located in the heart of Europe’s technology and manufacturing hub.
During the March quarter, Red River generated sales of $16.5 million.
Harkins has over 35 years’ experience in mineral processing including 20 years in spodumene concentration.
Manganese is the 25th chemical element found on the periodic table.
Wade was head of investor relations and group communications at Asia Resource Minerals and part of the team that managed the separation transaction and subsequent sale of the business
The investment has been made through Nowak Investments Pty Ltd.
Renowned resources company Sandfire Resources is farming into the Morck's Well Project.
The company is well-funded, recently completing a $15 million share placement.
The company is developing ruby, vanadium and graphite projects in Mozambique.
Broker Hartleys recently increased their 12-month share price target to 65 cents.