Matt Birney

Infinity Mining has identified a host of valuable minerals from reconnaissance rock chip sampling at its Hillside project in the Pilbara including anomalous results for copper, molybdenum, gold and silver. Samples returned values of up to 4539 parts-per-million copper, 1198ppm molybdenum, 0.68 grams per tonne gold and 14 g/t silver. The exploration program also identified a partially covered copper-stained quartz vein in granite on the western side of the operation over around 170m.

WA-based oil producer Triangle Energy has signed a binding farm-out agreement with Talon Energy for two onshore gas permits in the Perth Basin after all conditions of the deal were met. The transaction includes the first of two payments towards a 50 per cent share in the 3D seismic dataset known as “Bookara” which stretches across the two permits that were delivered in January. However, final interpretation, mapping and prospect evaluation of the data is ongoing.

Galan Lithium has delivered an average grade of 829 milligrams per litre lithium brine in results to a depth of 455m at its Santa Barbara exploration well in Argentina. The results which come from part of the company’s Hombre Muerto West project are at the highest end of lithium brine results achieved so far. Galan says it has the highest grade and lowest impurity lithium brine assets in Argentina and has commenced a fourth production well at its wholly owned project.

ASX-listed explorer 88 Energy has reached another milestone in a major Alaskan oil basin. The company has received formal approval over the formation of its Toolik River Unit which comprises leases within the western and central area of Project Phoenix. Grouping the leases together allows 88 Energy to push ahead with further exploration in the Alaska North Slope oil field and investigate pathways to development.

Battery metals company Lithium Australia has boosted revenue by more than 40 per cent in the second half of calendar year 2022 compared to the corresponding period in 2021. The WA-based ASX-listed company, whose interests encompass several aspects of the so-called “green energy revolution”, also slashed its losses in that same period according to the company’s latest half-year accounts.

ASX-listed Infinity Mining continues to shore up its Pilbara operations after securing a five-year exploration licence extension for another of the key tenements that forms part of its Hillside project. The company is currently undertaking a detailed open-file review and geophysical interpretation over the site with reconnaissance mapping and surface sampling planned for this year’s field season.

Perth-based industrial piping disruptor Polyline Pipe Systems believes its innovative method of producing “HDPE” poly pipes on site can help resources companies ease the current scourge of runaway prices bedevilling their sector. Polyline says its MPX630 mobile pipe extruder can reduce the conventional process to just three steps: on-site manufacture, a single weld at the end of a continuous pipe length and trench or surface installation as required.

Adriatic Metals is continuing to score goals at its Vares silver project, extending known mineralisation whilst pressing to identify more resources from its prospective tenements in Bosnia and Herzegovina.

Minerals explorer Aurum Resources is about to kick off a ground induced polarisation, or “IP” geophysical survey at its flagship Penny South gold project in WA’s East Murchison in search of nickel and copper mineralisation. The IP gradient array survey over a 5.2 square kilometre block covers an historical anomalous nickel strike that returned 8m going 0.44 per cent nickel from 32m.