Bradda Head Lithium rallied 8% as the company said recent drilling on its lithium clay assets in Arizona pointed to a significant resource upgrade when all of the data is totted up.
Holes drilled in the Basin East Extension showed the clays from which lithium is extracted thickened to the west, northwest and north and most likely extend into other Bradda claims in the area, it said.
Ariana Resources’ new drilling at Kizilcukur in Turkey is designed to provide confidence in the vein resources, says house broker WH Ireland.
The programme comes ahead of the design of a series of conventional open pits with ore trucked to the existing Kiziltepe plant, which is currently slated for closure in 2025.
N4 Pharma PLC (AIM:N4P) shares leapt 29% higher to 1.93p, up from a recent six-year low, on news of a new US patent and a change of chairman.
Nuvec, the novel delivery system for cancer treatments and vaccines, has been granted a further patent application in the US.
hVIVO PLC, which specialises in testing of infectious and respiratory disease products, has landed a £13.1mln deal with an unnamed leading pharmaceutical group to create a human challenge model for influenza B, also known as Flu B.
The firm has already successfully completed the vital phase of manufacturing the Flu B virus, which is a key prerequisite to proceed to the next stage of the project.
Active Energy Group PLC (AIM:AEG, OTCQB:ATGVF) told investors it has been awarded a new US patent for its process for beneficiating and cleaning biomass.
The company, in a statement, noted that the patent grants it the rights to exclude others from making, using and selling any apparatus or system that includes the company's existing CoalSwitch production technology – including the use of a reaction vessel that increases exposure of biomass, using steam.
Bradda Head Lithium Limited (AIM:BHL, OTCQB:BHLIF, TSX-V:BHLI) expects a significant resource expansion after clay thicknesses were better than expected in drilling at its Basin East Extension (BEE) prospect in Arizona.
Lithium-bearing clays continue and thicken to the west, northwest and north into the company's BEE lease, it said, with probable extensions into other adjoining Bradda Head claims at Basin North (BN) and Basin West (BW).
Greatland Gold PLC (AIM:GGP, OTC:GRLGF) said the development of the Havieron mine in Paterson, Western Australia has ticked off another significant de-risking event, with the main decline now passing the middle aquifer.
Overall, the decline at Havieron, a joint venture with operator Newcrest, had reached 2,510 metres as at 20 July 2023.