Author: Ellie Gray

–News Direct– Tempest Minerals Ltd managing director Don Smith joins Proactive's Stephen Gunnion with the latest on the company's Five Wheels and Yalgoo projects in Western Australia. Smith said initial fieldwork has kicked off at the new Five Wheels project, with surface sampling planned to focus on areas with high-grade copper and zinc deposits. This project had seen prior exploration, primarily for iron ore. The legacy exploration also identified high-grade soil results including 1,130 parts per million (ppm) copper and 847 ppm zinc. Yalgoo covers 1,000 square kilometres in the Murchison region, about 500 kilometres north of Perth, and has exhibited a proven potential for critical and precious metals in the past. Tempest recently executed a large-scale electromagnetic su...

–News Direct– Sovereign Metals Limited's recently-appointed managing director and CEO Frank Eagar joined Proactive's Stephen Gunnion with insights on the company's operations and the mining potential in Malawi. Having been with the company since the previous December, Eagar said he is focused on transitioning the company's Kasiya Rutile-Graphite Project from the pre-feasibility stage to the definitive feasibility study, emphasizing the importance of on-ground efforts and community engagement. Eagar highlighted his vast experience in neighbouring African countries, noting that Malawi has proven to be more welcoming and receptive. The company aims for a final investment decision by the end of 2025, considering the numerous variables and intricate steps involve...

–News Direct– Fenix Resources Ltd. chairman John Welborn joined Proactive's Stephen Gunnion with the highlights of the company's latest quarterly activities report. The period ended 30 September 2023 showed a promising trajectory for Fenix with a 5% cost reduction, lowering C1 cash costs to under A$76 per tonne. This financial performance reflects an overall reduction of over $15 a tonne, resulting in an operating cash margin of A$70 a tonne. Notably, Fenix completed two pivotal transactions. It acquired crucial port, rail, and iron ore assets previously owned by Mount Gibson in Western Australia. This acquisition paves the way for Fenix's business expansion. Furthermore, it successfully sold the Extension Hill assets and secured a 10-million-tonne mining right for ...

–News Direct– The Leading Transformational Change Forum is pleased to present "Reskilling the Workforce as the New Competitive Advantage," featuring Sheryl Brinkley, the Founder and CEO of ITM Coaching Next Level. This virtual event, taking place from November 1 to November 3, 2023, offers professionals a unique opportunity to explore the critical role of reskilling in achieving a competitive edge. Sheryl Brinkley at the LTC Forum Event Details: – Event Title: Leading Transformational Change Forum 2023 – Dates: November 1 – November 3, 2023 – Session Title: "Reskilling the Workforce as the New Competitive Advantage" by Sheryl Brinkley – Date and Time: November 3, 2023, 11:30 am – 12:00 pm (EST) https://1businessworld.com/event/reskilling-the-workforce-as-the...

–News Direct– Lithium Energy Ltd (ASX:LEL) chairman William Johnson speaks with Proactive after the company further solidified the position of its flagship Solaroz Lithium Brine Project in Argentina as a highly strategic lithium asset by delivering an upgraded 2.4 million tonnes of indicated lithium carbonate equivalent (LCE) resource based on drilling and extensive geophysics completed so far. This significant milestone achievement follows the companys publication of a 3.3-million-tonne total indicated and inferred mineral resource estimate (MRE) just four months earlier. Johnson said, "Following the release of the Maiden Resource estimate of 3.3 Mt of Inferred Resource of LCE in June 2023, continued drilling by the Company has now successfully resulted in the upgrade of 2.4 Mt of...

–News Direct– Magnetite Mines Ltd (ASX:MGT) CEO Tim Dobson talks Proactive through the companys activities for the quarter ending September 30, 2023. He says the strategic and JV partnering process is accelerating with strong incoming interest from high-profile domestic and international parties. Meanwhile, following the end of the period, the company launched a renounceable rights offer to raise up to $6.2 million. Magnetite Mines is focused on the development of magnetite iron ore resources in the highly prospective Braemar iron region of South Australia. The company has a 100% owned Mineral Resource of 6 billion tonnes of iron ore and is developing the Razorback Iron Ore Project, located 240km from Adelaide, to meet accelerating market demand for premium iron ore products created by iro...

–News Direct– Element 25 Limited managing director Justin Brown joined Steve Darling from Proactive to share news the company has provided an update on the planned construction of the first North American commercial scale battery grade high purity manganese sulphate processing facility to produce key raw materials for electric vehicle battery manufacture in the US. Brown told Proactive the facility is targeting commissioning in 2025 to produce the first low-carbon, ethically sourced HPMSM in the US using the companys 100%-owned Butcherbird Manganese Project in Western Australia. The project is supported by key offake and funding agreements in place with General Motors and Stellantis which are contributing a combined $115 million in project funding through a combination of equity, pre-pay...

–News Direct– Medicus Pharma executive chairman and CEO Dr Raza Bokhari joined Steve Darling from Proactive fresh from ringing the opening bell at the Toronto Stock Exchange. This after the company recently listed its common shares on the TSX Venture exchange under the ticker MDCX. Medicus Pharma is dedicated to accelerating novel life sciences and biotechnology companies by advancing them through FDA-approved clinical trials. The company specializes in de-risking clinical-stage assets through clinical development and eventual commercialization. Medicus Pharma has a subsidiary called Skinject, which is focused on commercializing a novel, non-invasive treatment for basal cell and squamous cell skin cancer. Skinject employs a patented dissolvable microneedle patch to deliver a chemothera...

–News Direct– Flynn Gold Ltd (ASX:FG1) CEO Neil Marston tells Proactive the company has confirmed the significant potential for gold and the critical minerals cobalt, tungsten and copper at its 100%-owned Firetower Project in Tasmania in ongoing review and targeting work. The work, incorporating desktop studies and re-logging and re-sampling of historical diamond drill core, has confirmed coherent zones of high-grade polymetallic gold, cobalt, tungsten and copper mineralisation at the project. Marston said: Results from recent re-assaying of historical drill core demonstrate a strong correlation between cobalt, tungsten and gold mineralisation within the deposit. Earlier exploration was focused on gold, however, it is now clear that this project represents an exciting polymetallic opportu...

–News Direct– Carnavale Resources Ltd (ASX:CAV) CEO Humphrey Hale tells Proactive the company has established the potential for resource growth at the Kookynie Gold Project in Western Australia with further spectacular gold results of up to 184.9 g/t from the latest drilling campaign at the McTavish East Prospect. Reverse circulation (RC) drilling has extended and in-filled a significant high-grade plunging gold zone at the prospect. The companys RC and diamond drilling this year has defined the strong gold mineralisation to more than 700 metres along strike and 250 metres down dip, with mineralisation remaining open at depth. We are delighted to be expanding the high-grade gold zones identified by the previous RC drill program down dip and along strike with the current RC drilling, Hale s...