Bradda Head Lithium Ltd (AIM:BHL) said preliminary metallurgical tests on samples from its Burro Creek East lithium project indicated extraction and production costs can be lowered significantly.
A test programme carried out by consultant SGS highlighted it was possible to use just a simple low-temperature sulphuric acid leach approach at atmospheric pressure, utilising standard extraction equipment.
Despite all interventions, the Covid-19 pandemic was still with us in 2021. While vaccines were successful at reducing death and hospitalisations in many countries, the threat of new outbreaks and variants still loomed large. At the same time, much of the world remains unvaccinated.
Meanwhile, major central bank support continued, with interest rates remaining at or near record lows and quantitative easing programs continuing at a pace. This, alongside optimism over economies re-opening, helped to send markets around the world to new all-time highs.
Pantheon Resources PLC (AIM:PANR, OTC:PTHRF) has been approved for a drill permit covering the Theta West well, on Alaska’s North Slope.
In Alaska, meanwhile, the rig for the Talitha A well is now on site where preparations are underway ahead of testing, before it moves on to Theta West.
Frontier IP said first half numbers will beat expectations following the recent flotation of portfolio company Exscientia on Nasdaq.
“While it is clear there are many challenges facing markets and industry, we anticipate reporting a set of results for H1 2022 ahead of management expectations and continuing to build on progress in the balance of the financial year,” the investment company said in a statement.
Vietnam Enterprise Investments (LSE:VEIL) Ltd hailed a strong outperformance for 2021, in spite of a decrease in net asset value (NAV) in December.
As of 31 December 2021, the NAV fell 1.7% over the previous month, compared with an increase of 1.1% for the Vietnam Index.
Power Metal Resources PLC has switched two prospecting licences into Tati Greenstone Resources, a wholly-owned private Botswana-based subsidiary.
Paul Johnson, chief executive, said: "This is an extremely poignant moment for Power Metal.
“We have been highly proactive at the Tati Project, with multiple 2021 exploration programmes implemented which have identified multiple large-scale gold and nickel-in-soil anomalies.”
Quantum Blockchain Technologies Plc in a statement noted that 35mln share warrants have been exercised, resulting in a £700,000 injection of working capital into the company and the issue of 35mln new shares.