–News Direct– Alto Metals Ltd (ASX:AME) MD Matt Bowles tells Proactive the company has fielded promising gold results from drilling at the Bull Oak deposit, at the company's wholly-owned Sandstone Gold Project in Western Australia. The latest assay results pertain to the first four reverse circulation (RC) holes, part of an 18-hole RC program at Bull Oak, with a focus on exploring extensions to known gold mineralisation. Significant results from these initial holes include 55 metres at 1.5 grams of gold per tonne (g/t) from a depth of 127 metres, including 24 metres at 2.1 g/t gold from 148 metres. Bowles said: These first few intercepts from below the shallow mined Bull Oak pit have confirmed the continuity of thick gold mineralisation over 400 metres of strike, outside the resour...

–News Direct– Recce Pharmaceuticals Ltd (ASX:RCE, OTC:RECEF) CEO James Graham tells Proactive the company has been given the green light by an independent safety committee for the next cohort dosing of RECCE 327 and will be permitted to dose participants at a faster infusion rate of 15 minutes, involving 3,000 milligrams administered intravenously. This development marks a significant stride for the treatment of urosepsis, because of the importance of arresting its progress as early as possible. The committee's unanimous agreement that R327 is safe and well tolerated in male and female subjects at the previous infusion rate of 30 minutes adds to the positive outlook. Graham said: We are pleased to receive the Independent Safety Committees approval to commence dosing of R327 at an e...

–News Direct– Elixir Energy Ltd (ASX:EXR) MD Neil Young tells Proactive the company continues to progress towards the spud of its Daydream-2 appraisal well the highest impact well in Elixirs history at its 100% owned Grandis Gas Project in Queenslands Taroom Trough. With the well due to spud in the first few weeks of November, Elixir confirms that construction of the well pad and upgrade of pre-existing access roads is now complete, the water well production casing is in place and the surface conductor has been installed prior to the rig arriving. Young said: The spud of the Daydream-2 well now only a few weeks away, with strong progress being made on all the required fronts to deliver what will be the highest impact well in Elixirs history. "We look forward to providing the mark...

–News Direct– Yandal Resources Ltd (ASX:YRL) MD Tim Kennedy speaks with Proactive after receiving promising results from a 13-hole reverse circulation drill program testing the Oblique and New England Granite (NEG) prospects at the Ironstone Well-Barwidgee (IWB) Gold Project, which showed grade continuity and large-scale potential. The results have allowed the company to generate a conceptual exploration target of 12.9-38.6 million tonnes grading 1.1-1.4 g/t gold for 0.44-1.78 million ounces for four of IWBs key prospects – Oblique, Quarter Moon, Flushing Meadows and NEG. Additionally, it has vindicated the ASX-listers exploration strategy to pursue prospects such as Oblique and NEG, which have the potential to deliver low-cost and large-scale resource growth. These results are promising, ...

–News Direct– Peninsula Energy Ltd (ASX:PEN, OTCQB:PENMF) CEO Wayne Heili tells Proactive the company has expanded its US uranium portfolio with the newly established Dagger Project, just 20 kilometres northeast of its advanced-stage Lance Project in Wyoming. With an initial inferred mineral resource estimate of 6.9 million pounds of uranium at an average grade of 1,037 parts per million, the Dagger Project presents a compelling addition to Peninsula's portfolio. The Dagger Project sits on an expansive 4,140 acres, contiguous with a historically successful uranium mining site. Heili said: We are very excited to complete this successful long-term acquisition initiative, which has resulted in the establishment of the Dagger Project which boasts an initial JORC inferred U3O8 mineral r...

–News Direct– Forrestania Resources Ltd (ASX:FRS) MD Michael Anderson tells Proactive the company is embarking on a strategic initiative to turbo-charge its portfolio of lithium, copper and gold projects in WA. The company has announced a renounceable entitlement offer, offering shareholders the opportunity to participate in the development of these promising ventures. This cap raise of up to $1.53 million will position the company to capitalise on its exploration efforts and harness the potential of the states rich mineral resources. Anderson said: The team has continued our systematic exploration of the Forrestania Project delivering a number of positive outcomes including drilling ore grade lithium mineralisation and visible spodumene at both the Giant and South Iron Cap East projects a...

–News Direct– Alkane Resources Ltd (ASX:ALK) managing director Nic Earner gives Proactive an overview of the companys September quarter. Describing it as a solid period, he says the companys met production guidance and the Tomingley Extension Project is well underway with the second vent rise completed at Roswell. Meanwhile, he says infill drilling occurred underground and surface works commenced for the Paste Plant. Earner adds that drilling at Boda and Kaiser continued through the quarter keeping the company on schedule to release the updated Boda resource in the current quarter. It's a pretty solid quarter. Production was on forecast at a bit over 15,000 ounces and our costs didn't give us any cause to change our guidance, Earner said. Most importantly, a lot of the proj...

–News Direct– Dynamic Metals Ltd (ASX:DYM) MD Karen Wellman tells Proactive the company is encouraged by nickel exploration progress at its Widgiemooltha and Lake Percy projects in Western Australias Goldfields region with the new D5 prospect described as an exciting drill target. Dynamic completed nine RC drill holes at the D3 and D5 prospects at Widgiemooltha in the first quarter. The targets were based on the Kambalda komatiite nickel sulphide ore deposit model with the programs planned to test the potential for fresh rock nickel sulphide mineralisation associated with the basal contact at the two prospects. Meanwhile at Lake Percy the company is in the advanced stages of planning a phase 2 RC drill campaign which it expects to begin by the end of the year. Dynamic Metals Limited (ASX:D...

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–News Direct– Emyria Ltd (ASX:EMD) managing director Michael Winlo runs Proactive through the companys September quarter highlights. EMD generated $1,034,172 of clinical billings – an increase of more than 250% compared to the previous quarter- supported by the acquisition of The Pax Centre. The company also successfully recruited first patient into its ethics-approved MDMA-assisted therapy program as well as secured a local supply of MDMA to start active dosing. One of the reasons we're so interested in having this broad clinical service footprint, is so we can undertake innovative treatments like MDMA assisted therapy, Winlo said. We've got a trial that's we kicked that off last quarter and we've already started dosing with our first patients and that hope...