Category: Digital

GTI Resources (ASX: GTR) has finished its air-core drilling program at its Niagara Gold Project ahead of schedule. The project is located about 6km southwest of Kookynie in WA’s central goldfields region and comprises one granted exploration licence and six contiguous prospecting licence applications including existing applications. The region has started to attract serious exploration attention and investment, which has given GTR momentum to drill-test its own ground there. Those who have followed activity in the region will know Genesis Minerals Ltd (ASX: GMD) acquired a 248m2 tenement package at Kookynie, which includes 15km of strike-length and a JORC-indicated and inferred resource of 414,000oz. GMD’s Greater Ulysses Project in this area holds 1.28moz and the company is currently capped at $68.5m. Metalicity Ltd (ASX: MCT) is also located in the region, neighbouring GTR. Its highly successful drilling campaign earlier...

Titan Minerals (ASX: TTM) has announced that it has been reinstated by the Ecuadorian Ministry of Mines as owner of the of the Jerusalen Concession (Jerusalem Gold Project). The Jerusalem project is an excellent addition to TTM’s existing resource base. The new project has an existing foreign resource estimation of 1.28moz gold averaging 14.5g/t and 8.6moz silver averaging 98g/t. While not a JORC-compliant resource, the company believes the foreign estimate is sufficiently reliable due to acceptable estimation methodologies and data compilation. The company stated this had provided the basis for a decision to deem the property to have merit for further exploration expenditure but is not of a quality to underpin any economic reviews. Therefore, Titan confirmed the categories of...

Diamond drilling of priority targets at Galileo Mining Ltd’s (ASX: GAL) Lantern Prospect in Western Australia’s Fraser Range Nickel Belt has intersected significant nickel-copper sulphide mineralisation and demonstrated the exceptional potential of the area. This is Galileo’s first diamond drilling program at Lantern and already it has substantially advanced the company along the exploration path and provided new insights to prepare for the next round of drilling to begin. The first two drill holes in the planned three hole diamond drilling program at Lantern Prospect have been completed. Both diamond drill holes at Lantern South and Lantern East, intersected significant sulphide mineralisation. This includes 23m of heavily disseminated, blebby and banded nickel-copper sulphides in ultramafic host rock from Lantern South...

The most notable trend related to the transition to electric vehicles over the last 12 months is the acceleration in electric car sales in Europe. EV car sales in Europe now outstrip China and other Asian countries that have been active in developing lithium-ion batteries. In a recent article published by The Driven, European auto market analyst Matthias Schmidt was referenced in relation to his European Electric Car Report for the seven months to July 2020. Schmidt noted that during this period there were more plug-in electric car sales in Western Europe than in China, a country that in previous years had been considered the world’s largest electric car market by volume. It should be noted China's electric vehicle market...