Antipa Minerals Ltd (ASX:AZY) will target substantial resource growth and new greenfield discoveries at its flagship Minyari Dome Gold-Copper Project in Western Australia’s Paterson Province, with an expanded phase 2 drilling program that’s set to commence this month.
The expanded drilling program at the 900 square kilometres project will involve up to 19,200 metres of drilling, consisting of 10,000 metres of reverse circulation (RC) drilling, 4,200 metres of diamond core drilling and 5,000 metres of aircore drilling.
ATOME Energy PLC (AIM:ATOM) is now entering into arguably the most important phase of the company's development since its IPO, says house broker Liberum, with several high-impact valuation catalysts expected before the end of the year.
An offtake at Villeta, completing FEED and FID on Phase 1, and signing of its second Paraguayan power purchase agreement (PPA) at Yguazu (Phase 2) all are scheduled for the next few months and Liberum likes the potential ahead of these events.
Kodal Minerals PLC (AIM:KOD)'s full-year earnings call on Wednesday was largely concerned with the progress of its Bougouni lithium mine in Mali.
During the reporting period, Kodal secured a $117.75 million (£93.8 million) funding package with Hainan Mining Co, $65 million of which is reserved to fully fund the cost of the Dense Media Separation (DMS) plant at Bougouni.
Powerhouse Energy Group PLC (AIM:PHE) has swapped its acting chief executive as it continues to seek a new permanent boss to drive the new business strategy announced earlier in the summer.
Alongside half-year results that showed it had £4.9 million cash in the bank at the end of June – since topped up with £1 million last month – the company said Keith Riley has stepped down as acting CEO and as director for personal reasons, but will remain a consultant.
Mosman Oil and Gas Ltd (AIM:MSMN) has lodged its Year Three report on EP 145, its exploration block in the Amadeus Basin in Australia, with the Northern Territory government.
The current work schedule on the permit will be the acquisition of seismic in early 2024, subject to funding and APAA and government approvals.
Latest assays from an 18,500-metre (m) drill programme at its Ewoyaa lithium project in Ghana showed high grades and have extended the area of known mineralisation, said Atlantic Lithium Limited (AIM:ALL, OTCQX:ALLIF, ASX:A11).
Results from the 6,150m infill and groundwater monitoring work saw high-grade intersections in particular at the Ewoyaa South-2 deposit, where Atlantic wants to convert inferred to indicated resources.
Ariana Resources PLC (AIM:AAU) said subsidiary Western Tethyan Resources (WTR) has completed a preliminary economic assessment (PEA) on the Slivova gold project in Kosovo, with the result a pre-tax net present value of US$27 million.
Using an 8% discount, WTR estimated an internal rate of return of 29% at a gold price of US$1,835/oz based on capital costs of US$33.4 million upfront and US$9.4 million ongoing.
Light Science Technologies Holdings PLC (AIM:LST), a specialist in controlled environment agriculture (CEA) technology and contract electronics, has acquired UK-based Tomtech (UK) Limited for £500,000.
Tomtech designs, manufactures and installs monitoring and control systems for commercial greenhouses and polytunnels and has been in operation for over 35 years.