#ExplorationSuccess
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colitco · 2 months ago
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Caprice Resources (ASX:CRS) Reports Strong March 2025 Quarter with High-Grade Gold Hits at Island Gold Project
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Caprice Resources (ASX:CRS) has delivered an impressive March 2025 quarterly report, underscoring significant exploration success at its Island Gold Project in Western Australia's Murchison Goldfields. The company’s efforts have revealed high-grade gold intercepts, new discoveries, and a strong cash position to drive future exploration.
🔍 Key Highlights:
41 RC drill holes completed, totalling 4,763 metres
Outstanding assay results reaching up to 34.9g/t gold
Thick, stacked gold zones remain open in all directions
New discovery zone identified 250m south of Vadrians
⛏️ Notable Drill Intersections:
28m @ 6.4g/t gold, including 4m @ 16.4g/t
22m @ 2.3g/t, with 2m @ 14.1g/t
11m @ 6.7g/t from just 1m downhole
10m @ 3.0g/t, including 4m @ 6.2g/t
💼 Corporate & Strategic Developments:
Raised $2.3 million+ from early option conversions
Entered a $1 million drill-for-equity deal with Topdrill
Welcomed seasoned geologist Rob Waugh as Non-Executive Chair
Commenced Phase 3 drilling campaign (5,000m) – assay results expected June 2025
Maintained a robust cash balance of $2.66 million as of 31 March 2025
🔭 Growth Pipeline:
Over 30 untested structural targets identified
Two new tenement applications lodged to double the project footprint
Active fieldwork ongoing at Cuddingwarra, with permits advancing at West Arunta
📈 Investor Outlook:
Caprice shares (ASX:CRS) are trading at $0.052, reflecting increased investor optimism driven by strong exploration results and strategic financial positioning. With drilling well underway and multiple high-impact targets, Caprice is shaping up as a serious exploration contender in WA’s mineral-rich terrain.
The company isn’t just uncovering gold—it’s building a multi-commodity platform, targeting gold, rare earths (REEs), and critical minerals across Western Australia. With experienced leadership, a strong balance sheet, and an aggressive exploration roadmap, Caprice is well-positioned for long-term value creation.
High grades, smart strategy, and solid cash reserves—Caprice is moving full speed ahead.
📄 Read the full announcement: https://colitco.com/caprice-ramps-up-exploration-gold-hits/
Disclaimer: This is not financial advice. Please do your own research before investing.
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colitcomediasblog · 2 months ago
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​Pacgold Ignites New Drilling Phase at Alice River Gold Project
Pacgold Limited (ASX:PGO) has reignited its exploration efforts at the Alice River Gold Project in North Queensland, marking a significant stride in uncovering the region's gold potential. This renewed drilling initiative focuses on high-priority targets, aiming to expand upon previous high-grade discoveries and identify new mineralized zones.
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The Central Target, a focal point of Pacgold's exploration, has yielded impressive results in past campaigns. Notably, the F1a zone revealed intersections such as 17 meters at 9.3g/t Au and 8 meters at 55g/t Au, indicating a robust high-grade gold system. The current drilling phase aims to extend these findings, exploring the depth and continuity of mineralization .
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edusessionlive · 3 months ago
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🔥 Impact Minerals – Major Shareholder Commits to Full Entitlement in $5.2M Rights Issue! 🔥
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Impact Minerals Limited (ASX: IPT) is pleased to announce that its largest shareholder (17%) has committed to subscribing for their full entitlement in the ongoing renounceable rights issue, reinforcing strong investor confidence in the company’s growth strategy.
🔹 Key Highlights: ✅ Renounceable Rights Issue – 2 for 7 entitlement offer at $0.006 per share, raising up to $5.2 million (before costs). ✅ 1 Free Attaching Option for Every 2 Shares – Exercise price of $0.015, expiring 2.5 years after issue. ✅ Increased Underwriting to $2 Million – Mahe Capital Pty Ltd, Lead Manager and Underwriter, has boosted underwriting from $1 million to $2 million. ✅ Rights Now Trading on ASX (IPTR) – Investors can now trade rights under ASX: IPTR, ensuring broader participation.
🗣 Managing Director – Dr. Mike Jones: “We are pleased with the continued support from our largest shareholder and the increased underwriting commitment from Mahe Capital. This renounceable rights issue ensures all shareholders—not just professional investors—can participate in this pivotal stage of Impact Minerals’ growth. Given our belief that the company is undervalued, we see this as the fairest way to support our loyal investors while advancing our key projects.”
📢 Investor Outlook – Key Growth Initiatives Funded
Proceeds from the Rights Issue will support: 🔹 Arkun Project Exploration – Backed by a $180,000 WA Government Exploration Incentive Scheme (EIS) grant. 🔹 Broken Hill Project Exploration – Advancing Impact’s critical minerals portfolio. 🔹 Lake Hope High Purity Alumina (HPA) Project – Pre-feasibility study nearing completion, with an update to be disclosed soon. 🔹 General Working Capital & Offer Costs – Strengthening financial flexibility for future expansion.
Key Dates: 📍 Rights Trading Ends: 14 March 2025 📍Offer Closes: 21 March 2025 (unless extended) 📍Eligible Shareholders Can Apply for Shortfall
📢 Stock Price: $0.0080
🔗 More Details & Prospectus: https://colitco.com/impact-minerals-launch-5-2-million-rights-issue-growth/
📢 Disclaimer: This is not investment advice. Please conduct your own research before making investment decisions.
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capriceresourcesltd · 4 months ago
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colitco · 2 months ago
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📢 PLATINA RESOURCES (ASX: PGM) – QUARTERLY ACTIVITIES REPORT: DRILLING MILESTONES, NEW GOLD ZONES, AND STRATEGIC PROGRESS
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Platina Resources Limited (ASX: PGM) has reported significant progress across its Western Australian gold portfolio, achieving several key exploration milestones.
At the flagship Xanadu Deeps project, diamond drilling targeting deeper sulphide systems beneath historical oxide zones has been successfully completed. The program was supported by a 💰 $54,750 Exploration Incentive Scheme (EIS) grant, reflecting government confidence in the project's potential. Assay results are expected by May 2025.
Meanwhile, early-stage drilling at the Challa Project ✨ has uncovered new mineralised zones, with headline intercepts of 12m @ 0.66g/t Au, including 4m @ 1.7g/t Au, expanding the potential for a +17km-long mineralised gold corridor. Further low-cost aircore and slimline RC drilling campaigns are being planned at Challa and the nearby Beete prospect.
Strategically, Platina is advancing opportunities at its Brimstone Gold Project 🔥, located near the high-profile Penny’s Find deposit in the Eastern Goldfields. Discussions are progressing to unlock potential joint venture arrangements, supporting the Company’s disciplined approach to value creation.
🛠️ Key Exploration Activities:
Completion of diamond drilling at Xanadu Deeps; assays pending
Ongoing and planned drilling at Challa and Beete to build scale
Active exploration targeting +1Moz gold discoveries
Advancement of JV discussions to unlock Brimstone’s potential
🏅 Project and Financial Highlights:
Multi-project portfolio focused on discovery and growth
Strong balance sheet with $11.77M in cash and investments
EIS grant support underpins exploration quality at Xanadu
Continued momentum supported by positive gold market conditions
📈 Investor’s Outlook: Platina Resources (ASX: PGM) last traded at A$0.021. With a strong cash position, extensive exploration activity, and assays due soon, the Company is well-positioned to capitalise on a rising gold price environment, with gold currently trading above US$2,300/oz ✨. As market sentiment improves toward quality junior explorers, Platina's underpinned valuation and advancing project pipeline present a compelling investment opportunity.
🔗 Read the full announcement - https://colitco.com/platina-resources-exploration-success-in-the-march2025/
⚠️ This is not investment advice. Please conduct your own research before making any investment decisions.
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colitco · 2 months ago
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📢 CAPRICE RESOURCES (ASX: CRS) APPOINTS ROB WAUGH AS NON-EXECUTIVE CHAIR
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Caprice Resources Ltd (ASX: CRS) is pleased to announce the appointment of highly respected geoscientist and exploration executive Rob Waugh as Non-Executive Chair of the Company.
Rob brings decades of experience across gold, copper, nickel, PGEs, uranium, and lithium, having worked with major companies like WMC and BHP, and most notably led Musgrave Minerals (ASX: MGV) through IPO to its $200M+ acquisition by Ramelius Resources (ASX: RMS) in 2023.
His track record includes key roles in the discovery of:
✅ Nebo-Babel Ni-Cu (West Musgrave, WA) ✅ Cobbler Gold (Norseman) ✅ Duke Batman & Honeypot Uranium (QLD) ✅ Break of Day, White Heat & Big Sky Gold (Cue)
New Chair Rob Waugh commented:
“I’m excited to join the strong and dedicated team at Caprice who have done exceptional work in the last 12 months with outstanding results from the Island Gold Project near Cue in Western Australia and in securing a strong landholding in the emerging Arunta region of Western Australia. I look forward to contributing to the team to expand on this recent success.”
Outgoing Chair Glenn Whiddon will step down following a short transition. Caprice thanks him for his pivotal role in repositioning the Company with new assets, leadership, and funding.
📈 ASX: CRS last traded at A$0.047, as the Company continues to build momentum across its gold projects in Western Australia.
🔗 Read the full announcement - https://api.investi.com.au/api/announcements/crs/9a4712ce-283.pdf
⚠️ This is not investment advice. Please conduct your own research before making any investment decisions.
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colitco · 3 months ago
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📢 TERRA METALS: GLOBALLY SIGNIFICANT COPPER-GOLD & TITANIUM DISCOVERY IN WESTERN AUSTRALIA 🌍⛏️
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Future Facing Commodities | April 2025 | Singapore
Terra Metals (ASX: TM1) is advancing a world-class multi-commodity discovery at the Dante Project in Western Australia’s West Musgrave region—positioning itself as a leader in the next generation of critical minerals.
🔍 Key Highlights:
✅ Globally Significant Resource: Large-scale Cu-Au-PGE-Ni-Ti-V system.
✅ Exceptional Metallurgy: High-value concentrates and recoveries.
✅ Strategic Growth Potential: Low-strip, scalable open-cut development.
✅ Strong Market Demand: Aligned with the global shift toward clean energy and critical minerals.
📍 Investor Outlook:
With ASX: TM1 trading at A$0.022, Terra Metals is set to capitalize on the surging demand for copper, titanium, and battery metals, securing its place in the sustainable resource sector.
Read More - https://app.sharelinktechnologies.com/announcement/asx/7099f5302534f5a04244fe9525aaed36
⚠️ This is not investment advice. Please do your own research before making any investment decisions.
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colitco · 3 months ago
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📢 IMPACT MINERALS (ASX: IPT) MOVES TO ACQUIRE HIPURA PTY LTD! 🔍📈
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Impact Minerals Limited (ASX: IPT) has submitted a conditional proposal to acquire Hipura Pty Ltd via a Deed of Company Arrangement (DOCA) under the Corporations Act 2001. The proposal has been recommended by the Administrators in their report to creditors, with a creditors' meeting scheduled for 9 April 2025 to decide on the transaction.
🔍 Key Highlights:
✅ Strategic Acquisition: Hipura owns analytical equipment and access to a permitted facility, which could enhance Impact’s Lake Hope High Purity Alumina (HPA) Project.
✅ Research Acceleration: The acquisition could support ongoing research with CPC Engineering and Edith Cowan University’s Mineral Recovery Research Centre.
✅ Government Support: The Lake Hope HPA project is partly funded by a $2.87 million Federal Government CRC-P grant (ASX Announcement: 28 Oct 2024).
🗣️ What’s Next?
The proposal remains subject to various conditions precedent, including creditor approval and execution of formal agreements. While there is no guarantee of completion, this move aligns with Impact’s long-term strategy to enhance its HPA capabilities.
📍 Investor Outlook:
Impact Minerals (ASX: IPT) is currently trading at A$0.005, reflecting investor interest in the company's strategic acquisitions and high-purity alumina project. If successful, this acquisition could strengthen Impact’s position in the growing HPA sector, complementing its existing resource development initiatives.
Read More - https://impactminerals.com.au/announcements/6897968
⚠️ This is not investment advice. Please do your own research before making any investment decisions.
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colitco · 3 months ago
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📢 TERRA METALS (ASX: TM1) UNVEILING HIGH-GRADE, WIDE MINERALISED ZONES AT DANTE! ⛏️🔥
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Terra Metals Limited (ASX: TM1) is advancing exploration at the Dante Project, with infill drilling confirming extensive high-grade mineralisation from surface at Reef 2 North. The latest results have successfully closed a 2.7km gap in previous drilling, reinforcing the scale and continuity of the deposit.
🔍 Exploration Snapshot:
✅ High-Grade Intersections: 15m @ 12.89% TiO2, 0.28% CuEq | 9m @ 14.46% TiO2, 0.29% CuEq ✅ Exceptional Metallurgy: Strong recoveries and concentrate grades enhance economic potential ✅ Expanding Resource Base: Maiden Mineral Resource Estimate (MRE) and metallurgical optimisation underway
🗣️ Managing Director & CEO, Thomas Line, stated:
“These latest results confirm the continuity of wide zones of hanging wall mineralisation and high-grade reef mineralisation from surface at Reef 2. The excellent metal recoveries and concentrate grades achieved in the Dante Reefs Phase 1 metallurgical work highlight the economic potential, supporting a larger tonnage, lower strip ratio resource.”
📍 Investor Outlook:
Terra Metals (ASX: TM1) is strategically positioned with a growing high-grade resource at Dante. The project’s near-surface mineralisation, combined with strong metallurgical performance, presents a compelling case for future development.
📈 ASX: TM1 is currently trading at A$0.019, reflecting increasing interest in its high-grade discoveries and resource expansion potential.
📍 Read more: Terra Metals Reports Strong Drill Results at Dante Project
⚠️ This is not investment advice. Please do your own research before making any investment decisions.
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colitco · 3 months ago
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📢 PACGOLD (ASX: PGO) UNLOCKING A HIGH-GRADE GOLD DISTRICT IN NORTH QUEENSLAND! 🏆⛏️
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Pacgold Limited (ASX: PGO) is driving major exploration success at the Alice River Gold Project, with high-grade gold discoveries reinforcing its multi-million-ounce potential. Recent drilling results include an exceptional 8m @ 55.9g/t Au, confirming a large-scale gold system across a 30km mineralised corridor.
🔍 Exploration Snapshot: ✅ Exceptional Gold Intersections: 24m @ 8.0g/t Au | 14.9m @ 10.3g/t Au ✅ Cutting-Edge Geophysics: Defining gold-rich structures beneath shallow cover ✅ Strong Financial Position: A$13.0M market cap, 84.1M shares on issue, and 28% institutional backing
🗣️ Managing Director Matthew Boyes stated: “Our exploration strategy is systematically unlocking the high-grade potential of Alice River, positioning Pacgold as a first mover in a vastly underexplored gold corridor.”
📍 Investor Outlook: Pacgold (ASX: PGO) is well-funded and strategically positioned in one of Australia’s most prospective gold regions. With modern exploration advancing, the company is poised for significant resource growth.
📈 ASX: PGO is currently trading at A$0.068, reflecting growing market confidence in its high-grade gold discoveries.
📍 Read more: https://colitco.com/pacgold-unveils-strong-half-year-progress/
⚠️ This is not investment advice. Please do your own research before making any investment decisions.
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colitco · 3 months ago
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Astral Resources (ASX: AAR) delivers exceptional gold recoveries at Theia Deposit, Mandilla Project ✨🏆
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Astral Resources NL (ASX: AAR) has reported outstanding metallurgical test results from its Theia Deposit at the Mandilla Gold Project in Western Australia, achieving an impressive average gold recovery of 98.2% after just 24 hours of leaching with a coarse grind size and low reagent consumption. ⛏️⚗️
Managing Director Marc Ducler highlighted the significance: "Once again, the results are exceptional, achieving an average gravity recovery of 87.6% and overall gold recovery of 98.2%, reaffirming the high-quality nature of the Mandilla Project." 🗣️
Key Highlights:
✅ Average gold recovery: 98.2% after 24 hours leaching ✅ Gravity recovery: 87.6% ✅ Coarse grind size: 150µm, supporting reduced power usage ⚡ ✅ Low reagent consumption: 0.35kg/t cyanide and 1.90kg/t lime ✅ High sample coverage: 234 samples across six sections ✅ Upcoming catalysts: Updated Mineral Resource Estimate (Q1 2025) 📊 and Pre-Feasibility Study (Q2 2025) 📅 ✅ Maximus Resources acquisition: 88.16% shares acquired; integration underway 🔗
These results align with previous strong test work across Mandilla’s Hestia, Eos, and Iris deposits, collectively reinforcing the project’s low-cost processing potential and project de-risking ahead of the PFS. 🚀
Investor Outlook:
Astral Resources continues to attract investor confidence: 💹 Current Share Price: $0.155 💰 Market Capitalisation: $212.15 million 📈 52-Week Range: $0.085 – $0.170 ⭐ Stock Performance: +137.29% over the past year, outperforming sector and ASX 200 📆 2025 YTD Growth: +3.70%
Strong technical fundamentals and exploration momentum place AAR in a compelling position for continued growth and value creation. 🌟
⚠️ This is not investment advice. Please do your own research before making investment decisions.
Read full story: https://colitco.com/astral-resources-reports-outstanding-gold-recoveries-at-theia-deposit/
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colitco · 4 months ago
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🔥 St George Mining Completes Acquisition of High-Grade Araxá Niobium-REE Project in Brazil! 🔥
St George Mining Limited (ASX: SGQ) is pleased to announce the completion of its 100% acquisition of the advanced Araxá Niobium-REE Project in Minas Gerais, Brazil, marking a significant milestone in the company's expansion into the critical minerals sector.
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🔹 Key Highlights:
📍Strategic Location: The Araxá Project is situated adjacent to CBMM's niobium mine, which supplies approximately 80% of the world's niobium, positioning St George in a premier niobium-producing region.
📍High-Grade Mineralisation: Historical drilling has identified extensive high-grade niobium, rare earth elements (REE), and phosphate mineralisation, with results including up to 8% niobium (Nb₂O₅), 33% total rare earth oxides (TREO), and 32% phosphate (P₂O₅).
📍Immediate Development Initiatives: St George has commenced mine development studies, including a 5,000-metre drilling program set to begin in March 2025, aiming to deliver a maiden JORC-compliant Mineral Resource Estimate in the same month.
🗣 Executive Chairman – Mr. John Prineas:
"Today is a landmark day for St George as we enter a new era. The high-grade niobium-REE Araxá Project represents a tremendous opportunity for St George to potentially become a globally significant player in the niobium sector."
📢 Investor Outlook – Strategic Growth Initiatives Funded
St George has secured A$20 million to fund exploration and development activities for 2025, including:
📍Metallurgical Testing: Collaborations with leading Brazilian scientific institutions, EMBRAPII and SENAI, to optimise recovery processes for niobium and REE through flotation processing.
📍Feasibility Studies: Conducting environmental, heritage, and geotechnical studies to support early-stage feasibility assessments.
📍Strategic Partnerships: A Memorandum of Understanding (MoU) with Xinhai Group, a global engineering services company, to collaborate on project development, and partnerships with SENAI/FIEMG to develop rare earth magnets and optimise niobium processing.
📢 Stock Price: A$0.018
🔗 More Details: https://colitco.com/st-george-mining-araxa-ree-niobium-deal-brazil/
📢 Disclaimer: This is not investment advice. Please conduct your own research before making investment decisions.
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colitco · 4 months ago
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🔥 St George Accelerates Niobium & REE Development at Araxá! 🔥
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St George Mining Limited (ASX: SGQ) has commenced downstream processing studies at its 100%-owned Araxá Project in Minas Gerais, Brazil, following the recent project acquisition. The study aims to optimize niobium and rare earth element (REE) recoveries, supporting future commercial production.
🔹 Key Highlights:
✅ Niobium and REE testwork launched – St George has partnered with EMBRAPII and SENAI, two of Brazil’s leading scientific agencies, to conduct flotation-based metallurgical testwork. ✅ Comprehensive metallurgical program – Three large mineralisation samples (>60kg each) from different lithologies will undergo bench-scale testing to refine processing methods. ✅ Pathway to sustainable commercial production – The study will inform plant design, project construction, and potential future mining operations at Araxá.
🗣 Executive Chairman – John Prineas:
“We are excited to have boots on the ground at Araxá, with multiple key work programs underway—including our maiden drill campaign, geophysical surveys, geotechnical studies, and JORC mineral resource estimate. The first phase of metallurgical testwork will explore new technologies in flotation circuits to maximize recoveries, reduce waste, and lower costs.”
📢 Investor Outlook – Unlocking Araxá’s High-Value Potential
With niobium and rare earths (REEs) in high global demand, St George’s accelerated study timeline positions Araxá as a key player in the strategic metals sector.
🔹 Why Niobium?
✅ High-Strength Steel – Used in automotive, aerospace, and infrastructure to enhance durability and reduce weight. ✅ Superconductors & Electronics – Essential for advanced batteries, quantum computing, and energy-efficient technologies. ✅ Clean Energy & Green Tech – Plays a key role in wind turbines, fuel cells, and next-gen EV batteries.
Upcoming milestones—including the JORC resource estimate and ongoing drilling results—will further de-risk and enhance the project’s investment appeal.
✅ Current Stock Price: $0.018
🔗 More Details: https://www.stgm.com.au/pdf/dd103378-2678-4ee8-aee1-ab6a11efa9a0/NIOBIUM-AND-REE-DOWNSTREAM-PROCESSING-STUDY-AT-ARAXA.pdf
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colitco · 4 months ago
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🔥 Patriot Lithium Identifies High-Grade Copper Targets! 🔥
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Patriot Lithium (ASX: PAT) has confirmed high-priority copper exploration targets within its recently acquired 44,961 Ha land package, strengthening its position in the Mumbwa Copper-Gold Belt. Initial sampling at Katwaro 28424 returned impressive grades of 4.45% Cu and 2.59 g/t Au over 2.0m, while further exploration at Katwaro East shows strong mineralisation potential.
🔹 Key Highlights:
✅ Priority Target 1 – Katwaro 28424 – Sampling confirmed copper-gold mineralisation with grades up to 4.45% Cu and 2.59 g/t Au. ✅ Priority Target 2 – Katwaro East – Discoveries extend the mineralised strike length, with preliminary sampling yielding up to 1.40% Cu. ✅ Significant Structural Control – Sample R3504 returned a high-grade pXRF reading of 1.96% Cu and averaged 1.40% Cu, indicating copper mineralisation mainly as malachite within metasandstone and mudstone contacts. Though 5.2km apart, the pits follow regional copper-bearing structures, suggesting multiple parallel mineralised zones. ✅ Strategic Expansion - The Targets are adjacent toatriot’s Kitumba and Katwaro Copper Projects, positioning the Company for significant resource growth.
💰 Investor Outlook
📈 Stock Price: A$0.046 With high-grade copper discoveries in Zambia’s Mumbwa Copper-Gold Belt, Patriot Lithium is well-positioned amid rising global demand, supply constraints, and copper prices above US$8,000/t. As the metal’s demand surges for EVs, renewables, and power grids, the Company is advancing exploration with mapping, sampling, and RC drilling in Q2 to expand its resource potential.
🔗 More Details: https://colitco.com/patriot-lithium-second-copper-target-zambia/
Disclaimer: This is not investment advice. Please conduct your research before making any investment decisions.
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colitco · 4 months ago
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🚀 Caprice Resources Secures $1.54M for Expanded Island Gold Project Drilling! 🎯
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Caprice Resources Ltd (ASX: CRS) has strengthened its cash position to ~$4 million following the early exercise of unlisted options, enabling an expanded follow-up drill program at the Island Gold Project, commencing in March.
🌟 Drilling Success at Island Gold ✅ Vadrians Hill: 28m @ 6.4 g/t Au, including 12m @ 7.8 g/t ✅ Baxter/Golconda: 12m @ 3.9 g/t Au, including 6m @ 5.9 g/t ✅ Multiple high-grade gold zones remain open along a 5km strike
💬 CEO Luke Cox: “With gold prices exceeding A$4,500/oz, this is an exciting time for Caprice. Our expanded program will target multiple high-grade structures, moving us closer to a maiden resource.”
📊 Investor Outlook Caprice Resources' stock is currently trading at $0.057, reflecting strong investor confidence in the Island Gold Project's potential. The broader meta-market for gold remains robust, with prices sustaining record highs, supporting increased interest in junior exploration companies. With upcoming assay results in March and an expanded Phase 3 drilling program on the horizon, Caprice is well-positioned for further growth.
🔥 Phase 2 drilling wraps up this month—assay results expected in March! Stay tuned for more updates.
🔗 Read more: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02915271-6A1252283
📢 This is not investment advice. Please do your own research before making any investment decisions.
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colitco · 4 months ago
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🚨 Caprice Resources Delivers Exceptional High-Grade Gold Results at Island Gold Project! 🚨
Caprice Resources Ltd (ASX: CRS) has reported outstanding high-grade gold results from its Phase 1 RC drilling at the Island Gold Project. These results confirm multiple thick, high-grade gold lodes across 5km, showing immense potential for a maiden resource!
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Key Highlights:
🔹 28m @ 6.4 g/t Au, including 12m @ 7.8 g/t
🔹 27m @ 3.0 g/t Au, including 5m @ 6.9 g/t
🔹 9m @ 2.8 g/t Au, including 3m @ 5.8 g/t
With drilling continuing, Caprice Resources is well-positioned to unlock even more potential in the Murchison Goldfields. With a significant surge in its stock price (+103.85%), the market is excited for what’s next!
📈 Stock Price Update: $0.053 (+103.85%) | Market Cap: $11.51M
🔜 What’s Next? Phase 2 drilling underway, with results expected by March/April.
📌 Investor’s Outlook: With significant exploration upside and a growing resource base, Caprice Resources is a company to watch closely.
📊 Read More: https://colitco.com/caprice-resources-high-grade-gold-island-project/
🔗 Disclaimer: This is not investment advice. Please conduct your own research before making investment decisions.
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