Antipa Minerals Ltd (ASX:AZY) has added exploration upside to its joint venture Citadel Project with Rio Tinto Exploration Pty Limited in Western Australia, after defining extensional mineralisation at Calibre and new zones of sulphide-rich breccias at the Rimfire North target.
Drilling at Calibre extended the known gold-copper mineralisation outside the southern limits of the existing 2.1-million-ounce gold and 104,000-tonne copper mineral resource. Intersections of note included:
Liberum has updated its valuation for Atlantic Lithium Limited (AIM:ALL) in the wake of what it described as an "impressive" updated scoping study on the Ewoyaa spodumene lithium project in Ghana.
Based on its expectations for the upcoming definitive feasibility study, the broker has increased its price target to 46p a share from 32p previously.
Plexus Holdings PLC (AIM:POS) and Schlumberger subsidiary Cameron have expanded their agreement over the use of the AIM-listed group's POS-GRIP technology for wellhead engineering.
The variation agreement extends the territory of the licence Cameron can use Plexus's technology to worldwide and increases royalty rates for the expanded activities. Plexus said in a statement.
Kodal Minerals’ chief executive Bernard Aylward said the award of its mining licence at the Bougouni lithium project had come at "a very opportune time" for the company.
"The granting ….finalises the permitting required for the commencement of development, construction and operation of this mine," he said.
Seeing Machines Ltd (AIM:SEE, OTC:SEEMF) shares jumped 7% after the company won its largest contract for its FOVIO Driver and Occupant Monitoring System with an existing customer and global Automotive Tier-1 supplier.
The contract, which is with a leading German automaker and has an initial lifetime value of A$125mln, brings the total of Original Equipment Manufacturers (OEMs) that Seeing Machines has won business from to eight, the computer vision technology company said.
Poolbeg Pharma PLC (AIM:POLB) said it hopes to develop the next generation of oral vaccines once it completes a definitive deal with AnaBio Technologies.
It has signed binding terms with the microencapsulation and nanoencapsulation technologies specialist and says a full licence and collaboration agreement will follow.
Sovereign Metals Limited (ASX:SVM, AIM:SVML) has tabled a positive scoping study for the Kasiya Rutile Project in Malawi — a report it believes confirms its asset as a globally significant rutile play.
The initial scoping study considers a multi-decade mine, which will provide a stable supply of highly sought after materials like rutile and graphite while building up Malawi’s economy.