Apollo is looking to capitalise on a resurgent tungsten price
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The company is transforming both its Syama and Ravenwood gold mines into long-life, low-cost operations over 3 years.
Drilling will follow-up high-grade results assayed in the previous field season.
Sulphides can be associated with very large deposits of nickel, copper, platinum-group elements (PGE) and gold.
The company is forecast to become one of the world’s lowest cost lithium carbonate producers.
The copper sulphide graded 42% copper, the chemical grade cobalt sulphate 29% cobalt and nickel sulphide 42% nickel.
Drill results from the Nebo and Babel deposits are exceeding expectations.
After the company receives initial results, it plans to generate a 5-kilogram graphite concentrate sample for spherical graphite test work and produce a 99.95% TGC-purity product for Korea’s lithium-ion battery anode manufacturers.
Follow-up exploration will be conducted at the Shackleton prospect.
Excellent recoveries of both copper and zinc into separate, high-quality concentrates have been achieved.
The company considers the results sufficient to warrant the continued fast-tracked development of the project.
The company is in the final stages of completing a DFS for the development of a spodumene concentrate operation from the Finniss Lithium Project.
The Tanzanian Note Issue is the next key milestone to be complete.
Galena is firmly focused on building its Abra base metals mine from next year and producing lead-silver concentrate by 2021.
Black Rock is completing its definitive feasibility study for the Mahenge Graphite Project in Tanzania this month and will produce the concentrate from the project’s graphite resources.
The Viago Lode is open and the resource is expected to grow over the coming months.
Drilling is expected to take four weeks with assays due in December 2018.
The company is expecting a resource update in the current December quarter.
The company recently intersected a new high-grade gold zone of up to 12.45 g/t gold at the Mt Remarkable Project.
Funds will go “straight into the ground” to drill flagship South Korean flake graphite project.
The results from test work showed positive outcomes with coal tested individually and when blended together.
The project is on a licence which manager St George has in a 75%-owned joint venture with minority partner Western Areas.
Completion of pre-feasibility study and project costing and economics expected in the third quarter of calendar year 2019.
The company is confident of defining further resources to provide additional feed for processing operations.
Ammaroo’s 10-year mine plan is likely to expand to a 50-year operation.