Bulls N' Bears

BULLS N’ BEARSASX Runners of the Week: Saferoads, Errawarra, RareX & Belararox

This week’s Bulls N’ Bears ASX Runner of the Week is… Saferoads Holdings. The company’s share price rocketed after it pocketed a hefty $10.8 million from selling its Road Safety Rental business.

Andrew Todd

Strickland Metals’ latest diamond drill rig set up on its new Obradov Potok prospect in the south of its Rogozna project area in Serbia.

BULLS N’ BEARSStrickland adds drill muscle to test new Serbian gold prospect

Strickland Metals has reinforced its drilling capacity at its Rogozna gold-base metals project in southern Serbia with the addition of a fifth rig, which has already begun work at its Obradov Potok prospect.

Doug Bright

Chariot Corporation has revamped the payment terms for the company’s promising United States-based Black Mountain lithium project in a move to boost its near-term cash.

BULLS N’ BEARSChariot revamps Wyoming lithium deal to boost near-term cash

Chariot Corporation has rejigged its acquisition terms with Black Mountain Lithium Corp to boost its near-term cash while maintaining its grip on the promising US Black Mountain lithium project in Wyoming.

James Pearson

The former Cliff Head oil well in the Perth Basin will be repurposed as a carbon capture and storage facility by clean energy company Pilot Energy.

BULLS N’ BEARSPilot, Triangle strike new deal to progress WA carbon storage ambitions

JV partners Pilot Energy and Triangle Energy have struck a revised vendor finance deal for Pilot to secure the Cliff Head oil asset and its infrastructure, paving the way for its WA carbon capture project.

Andrew Todd

Everest Metals’ aircore rig drilling at the company’s Revere Project.

BULLS N’ BEARSEverest looks beyond bulk sample zone to extend Murchison gold project

Everest Metals Corporation has launched a 6000m regional air core drilling program at its Revere gold project, 90km northeast of Meekatharra, chasing new targets beyond its current 700m bulk sample area.

Doug Bright

Hot Chili managing director Christian Easterday (left). The company has dropped a bombshell PFS for its Costa Fuego copper-gold project in Chile.

BULLS N’ BEARSHot Chili unveils blockbuster PFS in booming copper-gold market

Hot Chili has dropped a bombshell PFS for its Costa Fuego copper-gold project in Chile, tabling a mammoth NPV and top-tier production profile in a surging copper-gold metals market.

Andrew Todd

A drone shot of recent diamond drilling at Strickland Metals’ Shanac deposit, part of the company’s Rogozna gold and base metal project in Serbia, which has contributed towards a global resource boost to 7.4 million gold equivalent ounces.

BULLS N’ BEARSStrickland touts big resource lift at Serbian gold-base metal project

The Shanac deposit at Strickland Metals’ Rogozna gold-base metal project in Serbia now hosts 5.3m gold equivalent ounces at 1.1g/t, with 1.85m high-grade ounces at 1.8g/t, lifting total resources to 7.4m ounces

James Pearson

Chariot Corporation’s managing director Shanthar Pathmanathan has secured a $2 million convertible note deal from New York-based investor Obsidian Global to pursue its lithium production strategy.

BULLS N’ BEARS$2m funding will keep Chariot US domestic lithium strategy humming

Chariot Corporation has secured a convertible note, roping in up to $2 million to fuel its lithium hunt across the US and Australia. Chariot will pocket an initial $600,000 to keep its strategy humming.

Andrew Todd

Titanium Sands has moved a step closer to bringing its Mannar Island heavy mineral sands project into production after the Sri Lankan government issued its terms.

BULLS N’ BEARSTitanium Sands takes big leap toward titanium mining in Sri Lanka

Titanium Sands is a step closer to bringing its vast Mannar Island heavy mineral sands project in Sri Lanka into production after the local environmental authority issued terms for a pivotal impact assessment.

Andrew Todd

Infini Resources has reported uranium shows confirmed by portable XRF analysis in maiden diamond drilling at its Portland Creek project in Canada.

BULLS N’ BEARSUranium whiffs for Infini from maiden Canadian drilling campaign

Infini Resources has released encouraging early uranium shows from a maiden drilling program at its Portland Creek project in Canada, reporting grades of uranium up to 0.94% from portable XRF analysis.

Andrew Todd

Empire Energy’s Carpentaria gas processing plant is awaiting installation at site in the Northern Territory’s massive Beetaloo Gas Basin.

BULLS N’ BEARSSpotlight on Empire as first NT gas production looms

Empire Energy is closing in on becoming the first gas producer in NT’s massive Beetaloo Basin from its Carpentaria project, in what is shaping up to be a high-stakes moment for Australia’s energy future.

James Pearson

BULLS N’ BEARSGreenTech sells non-core assets to focus on Pilbara copper project

Greentech Metals has entered into binding agreements for two of its non-core exploration licences and a single prospecting licence, which will allow the company to focus on its nearby Whundo copper project.

Doug Bright

Altech Batteries has locked in the backing of a major shareholder, German-based firm Deutsche Balaton AG, by securing funding via bond notes for up to €2.5 million (A$4.3m).

BULLS N’ BEARSMajor shareholder backs Altech with $4.3m bond facility

Altech Batteries has locked in the backing of major shareholder German-based firm Deutsche Balaton AG, by securing funding via bond notes for up to €2.5m (A$4.3m) to help develop its new-age battery projects.

Belinda Hickman

Brightstar Resources and Cazaly Resources have kicked off their earn-in joint venture at the Goongarrie gold project in the WA Goldfields, with Cazaly beginning exploration activities on the project.

BULLS N’ BEARSCazaly earn-in frees Brightstar to grow Goldfields exploration

Brightstar Resources and Cazaly Resources have kicked off their earn-in joint venture at the Goongarrie gold project in the WA Goldfields after Cazaly elected to exercise its option on the project.

Craig Nolan

The end of the day at Kalgoorlie Gold Mining’s Lighthorse gold prospect, within its Pinjin project in WA’s eastern Goldfields. KalGold has completed its maiden reverse circulation drill program at Lighthorse to follow up a recent high-grade supergene gold discovery.

BULLS N’ BEARSKalGold tests Goldfields supergene discovery with first hit of drill bit

Kalgoorlie Gold Mining has completed its maiden reverse circulation drilling program to test a recent supergene gold discovery at the company’s Lighthorse prospect, 140km northeast of Kalgoorlie.

Doug Bright

Rio2 Limited has completed the site camp at its Chilean Fenix Gold project as it prepares to complete construction of its 4.8-million-ounce heap-leach mine.

BULLS N’ BEARSTSX-listed Rio2 gets US$25m boost to fast-track Chile gold project

Canadian-listed Rio2 has secured a US$25m prepayment from a US-based precious metals investment firm, strongly backing Rio2’s Chilean Fenix Gold project. The company aims to start production by year’s end.

James Pearson

Bulls N’ Bears looks at some notable drill hits during the past week from ASX-listed companies.

Bulls N’ BearsAxel lands big rare earths hits to 22,115ppm TREO in Brazil

Bulls N’ Bears Big Hits examines some notable drill intercepts revealed on the ASX this week, including Axel REE’s 8m-hit going 13,604ppm TREO from 55m at its Caladao Project in Brazil.

Doug Bright

Venus Metals is preparing to drill to uncover more gold at its Sandstone project in the WA Goldfields.

BULLS N’ BEARSVenus to get drill bit spinning chasing promising WA gold hints

Venus Metals will run a 26-hole, 2000m drill program to unearth further gold at its 30,500-ounce Bellchambers gold deposit, within its wider Sandstone project in the WA Goldfields.

Craig Nolan

A rig being prepared for a 6000m air core drilling program at McLaren Minerals McLaren heavy mineral sands project in Western Australia’s Eucla Basin.

BULLS N’ BEARSMcLaren hits heavy mineral sands paydirt in Eucla titanium hunt

The latest drilling blitz at McLaren Minerals’ titanium project in WA’s Eucla Basin has picked up new thick layers of heavy mineral sands, a surprise groundwater find and a source of in-ground gypsum.

James Pearson

Exploration at Dynamic Metals’ Cognac West prospect, which is part of its wider Widgiemooltha project in the Goldfields-Esperance region of Western Australia.

BULLS N’ BEARSFirst phase drill program helps Dynamic refine Goldfields targets

Dynamic Metals has smashed out a 4800m drill program at its Cognac West gold prospect, part of its Widgiemooltha project near Kalgoorlie. The company previously unveiled high-grade rock chips from the project.

Craig Nolan

Castle Minerals is mobilising a reverse circulation drill rig to follow up encouraging results from its recently completed program at Kpali in northern Ghana where it nailed an impressive 12m at 8.29g/t gold from 25m.

BULLS N’ BEARSCastle chases extensions after big gold hits in untapped northern Ghana

Castle Minerals is mobilising a reverse circulation drill rig for an imminent 2500m program to follow up strong gold hits at its Kpali and Bundi gold prospects in northern Ghana.

Doug Bright

BULLS N’ BEARSASX Runners of the Week: Tlou Energy, GreenHy2, Besra & Trek

This week’s Bulls N’ Bears ASX Runner of the Week is… Tlou Energy. The company says its share sellers are gone, and the Botswana energy firm is back to business as usual.

Andrew Todd

Kula Gold and Aurumin Limited’s jointly owned historic Mt Palmer gold mine in Western Australia’s Southern Cross Goldfields produced 150,000 ounces of gold at 15.9g/t in the 1940s.

BULLS N’ BEARSKula, Aurumin hit paydirt at historic WA Mt Palmer gold tailings

Channel sampling on the tailings dump at Kula Gold and Aurumin Ltd’s jointly owned historic Mt Palmer gold mine project in WA’s Southern Cross Goldfields has hit paydirt with grades as high as 17.9g/t gold.

James Pearson

Novo Resources will drill target zones of structural complexity and splay faults near the Sholl Shear Zone at its Balla Balla project in WA’s West Pilbara region.

BULLS N’ BEARSNovo to probe ancient 1km-wide Sholl Shear in West Pilbara

Novo Resources is set to kick off a maiden air core drilling program before month’s end to test a promising part of the Sholl Shear enclosed within its Balla Balla gold project in WA’s West Pilbara region.

Doug Bright