Page 43 - Mid Caps News Today

Buru Energy hails strong support for capital raise ahead of Canning Basin drill program Buru Energy Limiteds (ASX:BRU) (OTCMKTS:BRNGF) (FRA:BUD) Eric Streitberg caught up with Proactives Andrew Scott soon after receiving firm commitments from institutional, professional and sophisticated investors to raise a total of $15 million at 15 cents per share. The company is also undertaking a share purchase plan (SPP) to raise up to $5 million from existing shareholders at 16 cents per share. Quick fac...

All systems go for AVZ Minerals at Manono Lithium and Tin Project The FEED Study is 70% complete with several major deliverables completed including the block flow and process flow diagrams, mechanical equipment selection and sizing and the overall mechanical equipment list. AVZ’s corporate affairs director Serge Ngandu addresses a high-level government delegation about the future Manono Special Economic Zone. AVZ Minerals Ltd (ASX:AVZ) (FRA:3A2) (OTCMKTS:AZZVF) has several projec...

Alkane Resources shares surge following further high-grade gold-copper hits at Boda Prospect Assays received from the current drilling program at Boda and Boda Two comprised of seven diamond core holes for a total of 10,091 metres. 0.3 metres grading 43.4g/t gold, 7.8% copper from 886.4 metres. Alkane Resources Limited’s (ASX:ALK) shares have surged about 16% intra-day following the intersection of further high-grade mineralisation at the Boda Prospect in Central West New South Wa...

Andromeda Metals and Minotaur in A$4 million research project with University of Newcastle to study CO2 capture using halloysite nanotubes The research will investigate the conversion of halloysite nanotubes into advanced nanomaterials that can be utilised as novel adsorbent systems. Andromeda and Minotaur representatives with GICAN members at the signing of a research partnership agreement Andromeda Metals Ltd (ASX:ADN) and Minotaur Exploration Ltd (ASX:MEP) (OTCMKTS:MURXF) – t...

Follow Jamie on: Proactive Oil & Gas highlights: DGOC, 88 Energy, Tullow, Mosman, ADM Energy, Canadian Overseas Petroleum, Jersey, United Oil & Gas It was another active week in the junior oil and gas sector. Diversified Gas & Oil PLC (LON:DGOC) acquired a package of assets in Louisiana, marking its first deal in a newly identified ‘central’ regional focus area (RFA). The company is paying US$135mln for upstream assets and related facilities from Indigo Minerals LLC. The package, referred t...

Chalice Mining releases interactive 3D model for Julimar Complex The Gonneville discovery is being progressed rapidly through resource definition and into preliminary economic studies, in parallel with initial exploration activities across the largely unexplored project area. The company is well funded for Julimar work programs with around $121 million in cash as of March 31, 2021. Chalice Mining Ltd (ASX:CHN) (OTCQB:CGMLF) has released a new interactive 3D model of its Gonneville d...

Geological interpretation and estimation of maiden mineral resources for Pit-5 and Koting are nearing completion, allowing finalisation of the Morila...

Poseidon Nickel completes Golden Swan drill drive with resource definition drilling underway Further drilling of the highly prospective Southern Terrace will be undertaken from the new drill drive and two rigs are in position with the 13,000-metre resource definition program underway. The completed Golden Swan drill drive with first nickel production anticipated in 2022. Poseidon Nickel Ltd (ASX:POS) (OTCMKTS:PSDNF) (FRA:NYG) has completed the 465-metre Golden Swan drill drive at ...

Salt Lake Potash receives final environmental approval covering full-scale operations at Lake Way Project “Receiving final environmental approval over the full Lake Way project will enable our team to commence construction of the remaining on-lake infrastructure and deliver the full scope of the Lake Way project," says CEO. Construction work on the final components of on-lake infrastructure will begin this quarter. Salt Lake Potash Ltd (ASX:SO4) (LON:SO4) (OTCMKTS:WHELF) (FRA:W1D)...

Danakali raises A$20.3 million in heavily oversubscribed placement for early work at Colluli SOP Project The company will use proceeds for early work including site road development, geotechnical optimisation, reverse osmosis plant completion and installation, exploration camp relocation and RA International mine camp installation. The early works program at the Eritrean project will begin immediately. Danakali Ltd (ASX:DNK) (LON:DNK) (OTCMKTS:SBMSF) (FRA:SO3) has completed a heavil...