Protecting Directors. Together.
its substantial low-grade surface resource y Exploraciones Maritimas S.L. (GEM) has The extension will see NRW carry out load-
as part of its JV with Cronimet, with the next been contracted to finalise the development ing and hauling, drilling and blasting, ROM re-
steps in the development plan being the re- of the tailings dam and waste dump design handling and crushing and screening works.
start of the 100%-owned operations starting for Oropesa. Drilling and blasting will be undertaken by
with the Andy White open pit, subject to the Spanish-based GEM specialises in studies NRW subsidiary Action Drill & Blast Pty Ltd.
planned permit amendment. of soil and subsoil with more than 25 years’ Another subsidiary, Primero Pty Ltd, will
“Early engagement was a preferred experience in the industry. design, construct and operate a 1,000 tph
course for EQ as recent capital investment Oropesa’s power connection and supply crushing and screening plant.
into the Mt Carbine processing plant is com- study will be carried out by Norvento Ingenie- Work began in early July and will continue
missioning well and the company is receiv- ria S.L.U, connecting the project to the local until the end of 2024 with an average project
ing positive feedback from offtake partners power grid. workforce of roughly 80 people.
for supply of our critical mineral product.” Norvento is also contracted to complete “I am delighted to announce that NRW has
electricity price market analysis and studies of been retained by Atlas Iron for the extended
Elementos gets in the alternate electrical generation opportunities to term at the Mt Webber iron ore mine,” NRW
support the project and ensure a minimisation chief executive Jules Pemberton said.
DFS element of carbon emissions. “NRW has a long history as a high-quality
These works will contribute to an antici- provider of mining services to our clients in the
Elementos Ltd is beginning to fire on all cyl- pated DFS finish in Q1 2023. The contracts iron ore industry and I look forward to our on-
inders after executing a number of contracts follow a number of other awards Elementos going successful partnership with Atlas Iron.”
for the DFS on its Oropesa tin project. recently gave, including DFS mine planning, June also saw NRW subsidiary DIAB Engi-
Wave International has been appointed geotechnical slope stability, geohydrology neering Pty Ltd receive two contracts worth a
to oversee engineering and to integrate and and hydrology, metallurgical test work, ore combined $78 million.
author the DFS. Wave will also deliver study sorting test work and environmental support. One contract is for Lynas Rare Earths Ltd’s
management services, supervise capital and Elementos managing director Joe David is processing facility in Kalgoorlie, which will
operating cost estimates, financial modelling hoping to bring the project into development treat rare earth concentrate from the Mt Weld
services and general study support. soon to answer an impending shortage in the operation to produce a rare earth carbonate.
Wave was chosen for its experience in the global tin market. DIAB has landed the contract for the con-
critical minerals industry as well as European “Our vision to deliver the Oropesa tin pro- struction of the filter building used to process
project development. ject and deliver tin into a forecast market defi- and further concentrate the rare earths prod-
Before contracts were formalised, Wave cit from 2025 is developing strongly,” he said. uct. Works include supply, fabrication and
had already been contributing to the project’s “Our integrated team [with Wave] has some erection of the filter building and the instal-
development for several months with its team significant study milestones to achieve in the lation of associated equipment, piping and
already integrated into Elementos’ workforce. next 10 months which we are more than con- electricals.
Meanwhile, local company Geociencia fident of achieving with Wave’s support.” Up to 80 DIAB workers in the Midwest will
help carry out the work before mobilising to
NRW feasts on contracts site over the coming months.
The other contract is to supply, fabricate
Early July saw NRW bag a buffet of mining and install multiple dust suppression systems
and services contracts across multiple com- for Rio Tinto Ltd at the Tom Price and West-
panies for roughly a combined value of $138 ern Turner crusher and conveyor systems.
million. DIAB’s work will support improved control
The services company executed an exten- and suppression of dust generated from pro-
sion with Atlas Iron Pty Ltd to continue mining cessing activities, reducing the impacts on
and crushing works at the Mt Webber iron ore personnel and plant operations.
mine in the Pilbara, a deal worth $60 million. Work is expected to take roughly 12
Mt Webber has two mining areas in Fender months with a maximum of 60 personnel on
and Dalton which produce high-grade lump task.
Elementos managing director Joe David (left) with and fines product used in the Atlas Iron sup-
Wave International executive general manager ply chain.
Ryan Hanrahan at the Oropesa project
aUSTRaLIa’S PaYDIRT aUgUST 2022 Page 101
DRILL BITS www.capdrill.com www.capdrill.com
Mako circles new
gold upside
Mako Gold Ltd has shared with the mar-
ket a new high-grade gold discovery at its
Komboro prospect in Napie.
The discovery, which followed the an-
nouncement of a maiden 868,000oz
gold resource for Tchaga and Gogbala,
showed multiple high-grade shallow inter-
cepts from RC drilling.
Results included 9m @ 3.26 g/t gold
from 67m (including 3m @ 7.29 g/t from
67m and 1m @ 30.47g/t from 86m), 1m @
8.45 g/t from 74m and 5m @ 1.64 g/t from
56m.
Of the seven targets drilled, six returned
untapped potential that had laid waiting in
the northern part of the exploration permit.
“We are thrilled with the results of our
new discovery at the Komboro prospect Alicanto managing director Peter George on site at Sala, Sweden
as it has confirmed the presence of signifi-
cant mineralisation at a fourth prospect on tory growth to come, with the mineralisa- Core continues to drill at the project with
the Napie project,” Mako managing direc- tion open in every direction and numerous an expectation of further significant in-
tor Peter Ledwidge said. “We look forward highly prospective targets to drill.” creases to resources and reserves.
to drilling more extensively along the 9km The company will uphold its current “Most of the deposits at Finniss – in-
long intermittent artisanal mining sites at pace of drilling, with more assays on the cluding BP33, Carlton, Hang Gong, Ah
the end of the wet season.” way at the time of print. Most recent as- Hoy and Sandras – remain open at depth
says included 4.7m @ 24.4% zinc and and along strike and we are confident in
Alicanto shows 875 g/t silver and 3.7% lead from 258.6m, the potential to deliver further significant
increases to the Finniss resource and re-
2.8m @ 12.7% zinc and 22 g/t silver from
Swedish spoils 516.9m and 4.3m @ 20.7% zinc, 165 g/t serve position,” Core non-executive chair-
silver and 1.1% lead from 76.4m. man Greg English said.
Alicanto Minerals Ltd has released a
9.7mt @ 4.5% zinc for 311,000t contained
zinc, 15 moz silver and 44,000t lead maid- Core strengthens Boss makes first-class
en resource for its Sala project in Sweden. lithium resource Honeymoon hits
The company said in a July announce-
ment there was still opportunity for further Core Lithium Ltd has upgraded the re- Following the completion of FID at its
growth on the resource which has proved source and reserves for its Finniss Lithium under care-and-maintenance Honeymoon
itself to be worthy on a global scale. project outside of Darwin. project in South Australia, Boss Energy Ltd
“The fact we established such a sub- The measured and indicated resource has released new drill results to further im-
stantial resource in just over a year of tak- increased 61% to 13.3mt @ 1.4% lithium prove the project’s forecast production and
ing ownership highlights the strength of the while the reserve increased by 43% to mine life.
mineralisation and the immense ongoing 10.6mt @ 1.3% lithium. Assays released in mid-July from well-
growth potential,” Alicanto managing di- The life of mine for Finniss, which is cur- field delineation drilling included 6.1m @
rector Peter George said. rently moving towards fully-funded first 2,640ppm uranium, 3.4m @ 1,700ppm
“We believe there is significant inven- production, also extended to 12 years. and 1.20 @ 3,500pm.
Complete
Mining Services
Contact us to discuss your project [email protected] | www.capdrill.com
P
Page 102 aUgUST 2022 aUSTRaLIa’S PaYDIRTage 102 aUgUST 2022 aUSTRaLIa’S PaYDIRT
www.capdrill.com www.capdrill.com
A number of encouraging hits were also “We are fast-tracking work on our maiden on the prospect’s 20km long Thor mag-
made outside of the project’s current re- resource, which we hope to announce in netic trend that is yet to see any geo-
source including 6m @ 581ppm uranium, this current quarter, and significant results chemical surveying or EM work,” Venture
3m @ 678ppm, 3m @ 605ppm, 3.25m @ like these bode well for it.” managing director Andrew Radonjic said.
517ppm and 2m @ 824ppm. “Venture believes Chalice’s latest explo-
Boss managing director Duncan Craib More targets to fill ration results have successfully identified
said the drill results were part of a “two- a new and prospective ultramafic rock
pronged” strategy to realise shareholder the chalice sequence that runs parallel to the Thor
value. target and has never been explored.”
“This involves the recent FID to restart New nickel-copper-PGE targets have Meanwhile at Chalice’s Julimar project
Honeymoon’s production and generate been discovered at the South West pro- to the North, the explorer increased its
substantial cashflows, which will make ject’s Thor prospect south of Perth, oper- Gonneville resource to 11 moz palladium-
Boss Australia’s next uranium producer, ated in partnership by Venture Minerals platinum-gold, 560,000t nickel, 360,000t
and to grow Honeymoon’s mineral re- Ltd and Chalice Mining Ltd. copper and 54,000t cobalt.
source and mine life by advancing nu- Auger soil geochemistry work identified “Apart from further increasing the con-
merous highly promising near-mine and two targets located over interpreted ultra- tained metal, this resource update has
regional targets,” he said. mafic rocks which contain coincident and resulted in a significant increase in the
“Infill drilling will commence Q1 2023 untested EM and magnetic anomalies. higher-confidence indicated resource –
with the aim of increasing the production These new targets were not part of which now represents 70% of the total re-
throughput and growing the mine life at Chalice’s ground EM programme com- source,” Chalice managing director Alex
Honeymoon.” pleted last year. Dorsch said.
“There are several kilometres of strike
Belara rock ‘n’ rolls
Belararox Ltd has confirmed new high- As well as boosting the resource at its Julimar project, Chalice has identified new targets for
grade massive sulphides at its zinc, cop- drilling at the South West JV with Venture
per and gold Belara project in New South
Wale’s Lachlan Fold Belt.
RC drilling was conducted on previously
undrilled areas and has returned impres-
sive results from a single hole such as 7m
@ 2.22% zinc, 2.54% copper, 0.64% lead,
36.87 g/t silver and 0.67 g/t gold from 78m,
including 3m @ 4.73% zinc, 5.85% cop-
per, 1.3% lead, 82.6 g/t silver and 1.5 g/t
gold.
Drilling has now confirmed high-grade
mineralisation closer to the surface than a
historical model previously showed.
More than 2,000 additional assay re-
sults were pending at the time of print, with
Belararox also planning to drill a further
eight diamond and four RC holes by the
end of July.
“We are delighted with the results for this
hole (BLRC 013) which is the best inter-
section drilled so far for the project,” Bela-
rarox managing director Arvind Misra said.
Complete
Mining Services
Contact us to discuss your project [email protected] | www.capdrill.com
a aUSTRaLIa’S PaYDIRT aUgUST 2022 Page 103USTRaLIa’S PaYDIRT aUgUST 2022 Page 103
coMInGs AnD GoInGs
en Sixty Four Ltd executive 35 years’ experience in the in- as an independent non-exec- executive director.
Tchairman Jeffery McGlinn dustry across Australia, Africa utive director. Powe is a metal-
will lead the company as it and the Americas with majors lurgical engineer by trade and smond Resources Ltd
searches for a new managing such as South32 and BHP Ltd. is currently chief executive, Ohas appointed Anthony
director following the termina- investments for Perenti Group. Hall as strategic advisor. Hall
tion of Paul Ryan Welker’s oppermoly Ltd has ap- is a founding director of 5E Ad-
contract. Cpointed Craig McPherson aul Heatley is now the sole vanced Materials Ltd and for-
as company secretary and Pcompany secretary for De- merly of Highfield Resources
rmada Metals Ltd has ap- chief financial officer, replac- sert Metals Ltd after the resig- Ltd.
Apointed Justin Clyne as ing Stephen Kelly who served nation of Johnathon Busing.
company secretary. the company for four years. A1 Resources Ltd has
ulian Babarczy has retired Wappointed Tom Lyons
obre Ltd has appointed ra Banda Mining Ltd has Jas non-executive director as a non-executive director.
CRoss McGowan as non- Oappointed Luke Creagh of ioneer Ltd. Lyons is also the chief devel-
executive director and Greg as chief executive. Creagh is opment officer of Agrimin Ltd
Hammond as chief financial a mining engineer by trade iontown Resources Ltd and the managing director of
officer following finance direc- with more than 20 years’ ex- Lnon-executive director Ste- Tali Resources Pty Ltd.
tor Andrew Sissian’s transition perience in the industry, most ven Chadwick has retired after
to non-executive director. recently serving as chief oper- first joining the company board efroy Exploration Ltd has
ating officer for Northern Star in 2019. Lappointed Tara French as
nca Minerals Ltd non-exec- Resources Ltd. an independent non-executive
Iutive director Adam Taylor laze Minerals Ltd non- director. French is currently
has elevated to chairman af- Bexecutive director Simon the managing director of Ca-
ter managing director Ross Coxhell has been elevated zaly Resources Ltd.
Brown stepped down from to managing director and
the board. Brown, who served will focus on progressing the trandline Resources Ltd
in his position for the past 10 company’s exploration in the Snon-executive director
years, will continue to be in- Earaheedy Basin. Coxhell Tom Eadie has retired.
volved with the company. also recently transitioned from
technical director to non-exec- idas Minerals Ltd explora-
hampion Iron Ltd has ap- utive director for Great North- Mtion manager Mark Cal-
Cpointed Donald Tremblay Luke Creagh ern Minerals Ltd. derwood has been elevated
as chief financial officer. to managing director. Calder-
lobe Metals & Mining Ltd oho Resources Ltd com- wood is the former managing
eoff Jones has been ap- Ghas appointed Paul Har- Mmercial director Ralph director of Perseus Mining Ltd
Gpointed non-executive die as general counsel and Winter has succeeded found- and holds more than 30 years’
director of Rumble Resources company secretary. ing managing director Shane experience in the industry.
Ltd. Jones is a civil engineer Sadleir. Sadleir will continue Meanwhile, Jessamyn Lyons
by trade with more than 30 coGraf Ltd has appointed to work for the company as a has succeeded Nicholas Ka-
years’ experience, most no- EDale Harris as chief oper- non-executive director. tris as company secretary.
tably serving as managing ating officer. Harris has more Katris, who also served as a
director for GR Engineering than 30 years’ experience in nova Metals Ltd non-ex- director for Midas, resigned to
Services Ltd since 2011. the resources industry, includ- Aecutive director Amanda pursue other opportunities.
ing serving as chief operating Buckingham has been in-
e Grey Mining Ltd has ap- officer for Rio Tinto Iron Ore. stalled as executive director drian Gurgone has been
Dpointed Paul Harvey as an following Mingyan Wang’s Aappointed executive direc-
independent non-executive di- rtemis Resources Ltd has decision to step down from tor of CI Resources Ltd.
rector. Harvey has more than Aappointed Vivienne Powe managing director to non-
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reaker Resources NL has haun Menezes has re- olstice Minerals Ltd has Hemisphere Mining Ltd.
Bappointed Lisa Wynne as Splaced Oonagh Malone as Sappointed John McIntyre
chief financial officer and com- company secretary at Arizona as chief geologist. onger Gold Ltd has ap-
pany secretary. Wynne replac- Lithium Ltd. Mpointed Adam Ritchie
es Sarah Sutcliffe as company irefinch Ltd has appointed as chief executive. Ritchie,
secretary. ohn Hannaford has been FBrett Fraser as chairman the former project director of
Jappointed chairman for Eon and Andrew Taplin as chief Pilbara Minerals Ltd’s Pilgan-
eometals Ltd has appoint- NRG Ltd following the retire- executive following the resig- goora lithium project, will sup-
Ned Merrill Gray as head of ment of director Matt McCann. nations of executive chairman port Monger’s development
recycling. Alistair Cowden, managing di- of the Scotty lithium project in
inerals 260 Ltd financial rector Michael Anderson and Nevada.
Mcontroller Curtis Abbott directors Liz Wall and Naomi
has been elevated to chief fi- Scott. 3D Resources Ltd has
nancial officer. Rappointed Scott Jones as
chief operating officer. Jones
ova Minerals Ltd has ap- has previously worked for
Npointed Anna Ladd-Kru- Newcrest Mining Ltd and 29
ger as independent non-exec- Metals Ltd.
utive chair. Ladd-Kruger is the
former chief financial officer BX Minerals Ltd has ap-
of McEwen Mining Inc. Mean- Bpointed Karl Page as a
Merrill Gray
while, interim chairman Louie non-executive director while
Simens has transitioned back chief executive Andre Dou-
hor Mining plc non-exec- to executive director. Brett Fraser chane has taken on additional
Tutive chair Mark Potter duties as chairman. In the
has resigned. Non-executive obert Ryan has been ap- meantime, company secretary
rector at Rox Resources Ltd. K
director Alastair Clayton has Rpointed non-executive di- ingsgate Consolidated Ramon Soares has also taken
taken on interim non-exec- Ltd has appointed Wayne on additional duties as finance
utive chair duties while the Ryan has prior experience in Schiller as general manager director.
company searches for a re- senior management with Bar- of the Chatree gold mine, Paul
placement for Potter. doc Gold Ltd, Norton Gold Mason as company secretary linders Mines Ltd non-ex-
Fields Ltd, Barrick Gold Corp (replacing Ross Coyle) and Fecutive director and depu-
urelia Metals Ltd company and Newmont Corp. Daniel Weeks as senior man- ty chair Cheryl Edwardes has
Asecretary Gillian Nairn ager of community and exter- succeeded Neil Warburton as
has resigned while chief finan- o Battershill has been ap- nal relations. non-executive chair.
World first in-field gold technology
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V Resources Ltd director management of several re- pointed non-executive chair-
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arawine Resources Ltd Anglesey Mining plc. Mean- signed due to workload from
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Cnon-executive director while, non-executive director other interests. Mark Stowell
Martin Lackner has replaced Greta Purich has resigned has also been appointed a di-
Sam Smart as company sec- from Errawarra. rector. Stowell also currently Neil Warburton
retary. Large sample to reduce nugget effect
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aUSTRaLIa’S PaYDIRT aUgUST 2022 Page 105
LeFtFIeLD
Fever run hot in Kalgoorlie
est Coast Fever celebrated their his- Charlotte, I was very proud of myself and final on July 3 in front of a sell-out crowd at
Wtoric Super Netball grand win by scal- basically seeing the whole of Kalgoorlie and Perth’s RAC Arena to claim the first cham-
ing a mine headframe at the Super Pit in the Super Pit, it was pretty cool,” she said. pionship title in the club’s 25-year history.
Kalgoorlie-Boulder. The Fever were then challenged in real-
Major sponsor Gold Industry Group took istic emergency scenarios before meeting
players Verity Simmons, Jess Anstiss, Alice some of passionate mine workers and con-
Teague-Neeld and Sasha Glasgow, along ducting two clinics for young athletes from West Coast Fever players Sasha Glasgow,
with head coach Dan Ryan, to the Gold- the Goldfields region. Jess Anstiss, Alice Teague-Neeld and Verity
fields region for two days as part of its land- West Coast defeated the Melbourne Simmons with the Super Netball champion-
mark partnership with the Fever, Netball Vixens 70-59 in the Super Netball grand ship trophy at the Super Pit
WA and Shooting Stars.
To celebrate their maiden championship
title, Fever players bravely climbed the 60m
underground mine headframe over the
Cassidy shaft at Northern Star Resources
Ltd’s Mt Charlotte operation.
Teague-Neeld admitted to being nervous
at first but said the view from the top of the
headframe made it all worthwhile.
“After walking up the headframe at Mt
InDeX
5E 104 Cannon 105 Green Technology Metals Mincor 18 Sarama 9
29 Metals 21, 105 Canyon 78-79 95 Minerals 260 105 Sarytogan 9
Carawine 105 Heavy Rare Earths 9 Mount Ridley 8 Sayona 95
Adavale 66-67 Cavalier 9 Highfield 104 Moho 104 Shandong 64
Aeramentum 9 Cazaly 104 Monger 105 Sibanye 88-90
Agrimin 104 Centaurus 99 IGO 18, 92 Sierra Nevada 9
Aguia 99 Chalice 88-89, 103 Iltani 9 Nemaska 95 Sierra Rutile 9, 70-73
Alicanto 102 Chalkos 9 Iluka 70, 72 Neometals 105 Silver Lake 16
Allkem 94, 99 Challenger 98 Impala Platinum 88, 90 Newcrest 105 Solstice 9, 105
Allup 9 Champion 104 Inca 104 Newmont 64, 105 South32 92, 104
Alvo 99 CI 105 ioneer 104 Nordic 9, 97 Southern Cross 9
American Rare Earths 97 Cobre 68-69, 104 Ionic 4, 36-37 Northern Star 10, 104 Southern Hemisphere 105
Anglesey 105 Coolabah 9 Ivanhoe 44, 85 Norton 105 Southern Palladium 9,
Anglo American 42, 45, Coppermoly 104 Nova 105 88-90
87, 92 Core 102 Jervois 99 Sovereign 4
Anglo Platinum 88, 90 Critical Minerals 9 Jupiter 92 Oceana 9, 99 St Barbara 10, 98
AngloGold 64 Octava 9 Strandline 104
Anova 104 Dacian 10 Kalahari 68 OD6 8-9 Summit 9
Apollo 45 Danakali 83 Kalium Lakes 8 Oklo 48 Syrah 75
Arizona 105 Deep Yellow 80-81 Kefi 26 Ora Banda 104
Armada 44-45, 104 De Grey 104 Khomecau 23-24 Orion 26, 87 Tali 104
Artemis 104 Demetallica 9 Kingsgate 105 Osmond 104 Ten Sixty Four 104
Atlantic Lithium 26, 64-65 Desert 104 Kingsland 9 OZ 99, 100 TG Metals 9
Atlas 101 Koba 9 Thor 105
Aurelia 105 EcoGraf 104 Kore 83 Paladin 80-81 Tietto 4, 60-62
Aurora Energy 9 Elementos 101 Kula 105 Panoramic 18, 67 Tombador 99
Eon 105 Perseus 50-51, 60-62, Trek 105
B2Gold 48 EQ 100-101 Latin Resources 99 64, 72, 75, 104
Bardoc 105 Errawarra 105 Lefroy 104 PhosCo 82 Uvre 9
Barrick 30, 105 EV 105 Leo 9, 30, 32, 65 Piedmont 95
Bayrock 9, 96-97 Evolution Energy 74-77 Liontown 104 Pilbara 105 Venture 103
BBX 99, 105 Lunnon 16-19 Predictive 50 Vimy 80-81
Belararox 103 Firefinch 30, 32, 50-51, Lynas 6-7, 36, 101
Bellevue 18 105 R3D 105 WA1 104
Bellavista 9 Fortescue 45, 55 Mako 26, 102 Rafaella 96-97 Walkabout 56
Beltz 55 Marvel 75 Regener8 9 West African 48, 50, 54,
BHP 13, 16, 67, 104 Genesis 10 McEwen 105 Rex 16 60, 72
Big River 99 Genmin 42-45 Meeka 8 Rio Tinto 13, 50, 84, 86, West Wits 26, 87
Bindi 9 Glencore 75, 85 Metal Tiger 68 101, 104 Wiluna 4
Black Rock 50-51 Globe Metals 104 Metalsgrove 9 Rox 105 Winsome 94-95, 99
Blaze 104 Gold Fields 16, 18, 26, Meteoric 99 Rumble 104
Boss 102-103 54-55, 64 Midas 104-105 Zijin 7
Breaker 105 Great Northern 104 Minbos 83 Sandfire 4, 20-24, 69
Page 106 aUgUST 2022 aUSTRaLIa’S PaYDIRT
Abujar:
Abujar:
Abujar:
West Africa’s next gold mine
West Africa’s next gold mine
West Africa’s next gold mine
Targeting first gold
Targeting first gold in Q4CY22
Targeting first gold
Targeting first gold in Q4CY22
Targeting first gold
Targeting first gold in Q4CY22
in Q4CY2022
260,000oz gold forecast in first year of production
in Q4CY2022
260,000oz gold forecast in first year of production
in Q4CY2022
at AISC US$651/oz*
260,000oz gold forecast in first year of production
at AISC US$651/oz*
at AISC US$651/oz*
* DFS 5 October 2021
* DFS 5 October 2021
* DFS 5 October 2021
ASX: TIE
ASX: TIE
ASX: TIE +
Contact: 61 8 9331 6710 [email protected] www.tietto.com
+
Contact: 61 8 9331 6710 [email protected] www.tietto.com
+
Contact: 61 8 9331 6710 [email protected] www.tietto.com