• Core Lithium ready to ship ore to China, with first shipment loaded
  • Green Critical Minerals confirms 160km long rare earths trend in the NT
  • Critical Resources to acquire Gullwing-Tot Lakes property in Canada

 

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.

 

In a major milestone late last week, Core Lithium (ASX:CSO) loaded its first direct shipping ore (DSO) for export to China – marking the company’s move from explorer to producer.

The first shipment of 15,000dmt of 1.4% Li2O DSO from the company’s Finnis Mine in the NT was successfully tendered using a digital exchange platform achieving a price of US$951/dmt. 

Once loading is complete the Rossana ship will depart Darwin for Fangcheng, China.

“Core has made good progress during 2022 to transition from a mine developer to lithium producer,” CEO Gareth Manderson said.

“In 2023 we will continue this transition and the work required to build a quality operating business.” 

Finniss is targeting an average 160ktpa of battery-grade lithium spodumene concentrate for at least 12 years, and Core has secured offtake for 80% of production for the first four years with lithium majors Ganfeng and Yahua. 

It’s also a critical milestone for the renewable and critical minerals industry in Australia.

“Today’s milestone is a testament to the Northern Territory’s world class logistics chains and infrastructure networks, with a port that is the gateway to Asia,” Minister for Mining and Industry, Honourable Nicole Manison said.

“And the best part is it’s happening right here in the Northern Territory, meaning local workers, local suppliers and contractors will all benefit financially.” 

 

CXO share price today:

 

 

Battery Metals Winners and Losers

 

Here’s how a basket of ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, magnesium, manganese, and vanadium is performing>>>

 

Battery metals stocks missing from our list? Shoot a friendly mail to [email protected]

 

Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop:

 

Code Company Price % Year % Six Month % Month % Week Market Cap
WR1 Winsome Resources 1.2975 251% 533% 4% 37% $171,206,186
ENV Enova Mining Limited 0.015 -38% -6% 25% 36% $5,863,940
SRZ Stellar Resources 0.014 -40% -18% 8% 27% $13,060,202
RR1 Reach Resources Ltd 0.005 -29% 43% 25% 25% $9,550,253
RR1 Reach Resources Ltd 0.005 -29% 43% 25% 25% $9,550,253
WKT Walkabout Resources 0.14 -23% -19% 33% 22% $84,445,788
MLX Metals X Limited 0.36 -37% 9% 26% 18% $349,297,436
VTM Victory Metals Ltd 0.22 13% 91% -12% 16% $11,521,113
ESR Estrella Res Ltd 0.015 -40% -29% 25% 15% $20,770,006
INF Infinity Lithium 0.12 -35% 2% -33% 14% $55,511,051
TKL Traka Resources 0.008 -38% 33% 33% 14% $5,510,196
SUM Summitminerals 0.16 0% 0% 0% 14% $3,832,770
PUR Pursuit Minerals 0.017 -37% 21% 55% 13% $18,280,798
WA1 Wa1Resourcesltd 1.39 0% 930% -31% 13% $49,645,729
BKT Black Rock Mining 0.135 -44% -4% -10% 13% $132,656,945
ADD Adavale Resource Ltd 0.019 -60% -11% -17% 12% $9,692,768
TON Triton Min Ltd 0.038 6% 100% 19% 12% $49,780,230
GCM Green Critical Min 0.019 43% 67% 6% 12% $16,515,137
CAE Cannindah Resources 0.265 56% 33% 6% 12% $131,575,189
RGL Riversgold 0.029 88% 4% -15% 12% $28,364,031
PTR Petratherm Ltd 0.058 32% -36% -11% 12% $13,035,566
AR3 Austrare 0.395 -54% 5% 18% 11% $38,080,621
GSR Greenstone Resources 0.03 15% -23% -14% 11% $34,386,527
RMX Red Mount Min Ltd 0.005 -44% -9% 0% 11% $8,947,570
CTN Catalina Resources 0.01 5% 25% 25% 11% $11,146,382
ETM Energy Transition 0.061 -27% 36% 27% 11% $84,056,129
IG6 Internationalgraphit 0.26 0% -17% -12% 11% $23,756,789
BC8 Black Cat Syndicate 0.37 -38% 25% 9% 10% $76,303,407
FTL Firetail Resources 0.16 0% -36% 0% 10% $10,400,000
CHR Charger Metals 0.45 6% 29% -22% 10% $19,452,894
QEM QEM Limited 0.185 3% -5% 3% 9% $24,325,842
HRE Heavy Rare Earths 0.125 0% 0% -19% 9% $6,841,112
BYH Bryah Resources Ltd 0.026 -46% 4% -7% 8% $7,312,590
THR Thor Mining PLC 0.0065 -46% -35% -19% 8% $9,374,383
LEG Legend Mining 0.04 -31% -17% 18% 8% $110,205,429
MMC Mitremining 0.28 47% 133% 12% 8% $7,583,828
WCN White Cliff Min Ltd 0.014 -13% 27% -13% 8% $10,545,993
VRC Volt Resources Ltd 0.015 -46% -12% -12% 7% $58,191,358
ADV Ardiden Ltd 0.008 -33% 0% -11% 7% $21,506,683
OD6 Od6Metalsltd 0.33 0% 100% -29% 6% $16,282,364
CLA Celsius Resource Ltd 0.017 -15% 21% 21% 6% $24,093,265
AQD Ausquest Limited 0.017 -6% -26% -15% 6% $14,027,537
L1M Lightning Minerals 0.17 0% 0% -19% 6% $6,149,756
COB Cobalt Blue Ltd 0.57 15% -10% -16% 6% $214,633,367
MNS Magnis Energy Tech 0.38 -34% 27% 0% 6% $359,022,649
PGM Platina Resources 0.019 -70% -34% 6% 6% $11,840,426
VML Vital Metals Limited 0.019 -65% -54% -32% 6% $100,816,845
AKN Auking Mining Ltd 0.095 -26% 13% -1% 6% $10,887,803
CLZ Classic Min Ltd 0.0095 -93% -93% -5% 6% $8,324,141
OCN Oceanalithiumlimited 0.38 0% 27% -20% 6% $12,187,125
CZN Corazon Ltd 0.02 -43% 5% 25% 5% $12,816,942
CWX Carawine Resources 0.1 -43% 23% 10% 5% $19,681,747
KNI Kunikolimited 0.505 -56% -27% -10% 5% $25,502,583
GRL Godolphin Resources 0.083 -45% -25% 0% 5% $9,824,664
BOA Boadicea Resources 0.105 -50% -16% 6% 5% $8,158,489
EMC Everest Metals Corp 0.084 -52% 20% 12% 5% $8,408,216
PNN Power Minerals Ltd 0.53 34% 20% -16% 5% $38,289,756
KFM Kingfisher Mining 0.43 121% 54% -34% 5% $25,008,750
FGR First Graphene Ltd 0.11 -48% -8% -12% 5% $65,398,094
BRB Breaker Res NL 0.335 16% 81% 6% 5% $104,366,240
ALY Alchemy Resource Ltd 0.023 92% 64% -15% 5% $27,095,754
GSM Golden State Mining 0.046 -45% 18% -4% 5% $5,031,611
KAI Kairos Minerals Ltd 0.023 -18% 21% -21% 5% $45,174,150
BNR Bulletin Res Ltd 0.093 27% -15% -23% 4% $27,210,972
PAN Panoramic Resources 0.1775 -34% -11% -11% 4% $358,909,951
TNG TNG Limited 0.075 -6% 47% -19% 4% $99,966,112
DEV Devex Resources Ltd 0.28 -43% 22% -24% 4% $103,818,001
JRL Jindalee Resources 1.87 -15% -35% -13% 4% $108,159,351
KOR Korab Resources 0.03 -42% 58% 7% 3% $11,011,500
LIN Lindian Resources 0.155 417% 29% -24% 3% $151,553,082
AGY Argosy Minerals Ltd 0.5525 73% 65% -16% 3% $800,512,274
FRB Firebird Metals 0.16 -59% -40% -16% 3% $11,003,110
DRE Dreadnought Resources Ltd 0.099 141% 106% -6% 3% $323,352,213
NVA Nova Minerals Ltd 0.67 -42% -1% -9% 3% $142,836,809
NWC New World Resources 0.034 -52% 3% -16% 3% $71,579,419
WC1 Westcobarmetals 0.17 21% 62% -8% 3% $14,413,236
GLN Galan Lithium Ltd 1.03 -47% 0% -28% 3% $326,890,783
MQR Marquee Resource Ltd 0.035 -74% -44% -39% 3% $12,106,678
CAI Calidus Resources 0.2775 -56% -52% -22% 3% $118,241,560
GT1 Greentechnology 0.8 54% 33% -19% 3% $157,359,174
PVT Pivotal Metals Ltd 0.044 -32% 47% -2% 2% $20,472,288
ARU Arafura Rare Earths 0.445 112% 48% 1% 2% $923,795,076
CXO Core Lithium 1.0025 70% 7% -27% 2% $1,887,890,635
MLS Metals Australia 0.045 13% -10% 0% 2% $27,013,110
KZR Kalamazoo Resources 0.225 -41% 32% 2% 2% $31,252,069
IPX Iperionx Limited 0.68 -25% -8% -15% 2% $118,145,589
LIT Lithium Australia 0.046 -60% -18% -8% 2% $54,953,625
EV1 Evolutionenergy 0.23 -48% -35% 0% 2% $33,890,625
LEL Lithenergy 0.73 -22% 6% -26% 2% $46,315,500
AVL Aust Vanadium Ltd 0.0255 -12% -23% -6% 2% $108,590,630
AOU Auroch Minerals Ltd 0.052 -55% -10% -2% 2% $21,820,102
ZNC Zenith Minerals Ltd 0.26 4% -4% -16% 2% $93,098,363
DTM Dart Mining NL 0.055 -35% 10% -15% 2% $8,539,309
PRL Province Resources 0.059 -59% 7% -12% 2% $70,889,589
AXE Archer Materials 0.605 -46% 7% -12% 2% $153,114,832
MRC Mineral Commodities 0.07 -36% -16% -3% 1% $38,558,535
NTU Northern Min Ltd 0.042 -24% 8% 0% 1% $213,261,128
RNU Renascor Res Ltd 0.2125 42% 42% -37% 1% $534,491,766
GBR Greatbould Resources 0.093 -34% 26% 6% 1% $38,808,312
VIA Viagold Rare Earth 2 0% 0% 0% 0% $166,624,808
LOT Lotus Resources Ltd 0.19 -39% -10% -12% 0% $272,080,768
AZS Azure Minerals 0.22 -41% 16% -14% 0% $70,251,273
HNR Hannans Ltd 0.019 -53% -10% -10% 0% $51,767,491
LPD Lepidico Ltd 0.015 -60% -40% -6% 0% $122,204,340
MRD Mount Ridley Mines 0.005 -33% 0% 25% 0% $38,924,414
AVZ AVZ Minerals Ltd 0.78 1% 0% 0% 0% $2,752,409,203
MAN Mandrake Res Ltd 0.039 -24% 8% -9% 0% $22,099,997
RLC Reedy Lagoon Corp. 0.01 -71% -47% -17% 0% $5,667,196
STK Strickland Metals 0.04 -45% -30% -11% 0% $57,476,080
HXG Hexagon Energy 0.017 -77% -11% 0% 0% $8,719,570
GED Golden Deeps 0.01 -9% -29% 11% 0% $11,552,267
IXR Ionic Rare Earths 0.034 -26% -17% -13% 0% $130,105,962
IPT Impact Minerals 0.007 -44% 0% -18% 0% $17,369,594
ARN Aldoro Resources 0.18 -57% 33% -38% 0% $18,065,971
POS Poseidon Nick Ltd 0.04 -64% -15% 5% 0% $136,161,235
RXL Rox Resources 0.175 -52% -31% -5% 0% $38,009,623
FFX Firefinch Ltd 0.2 -33% 0% 0% 0% $236,248,644
ATM Aneka Tambang 0.9 -17% -28% -14% 0% $1,173,284
LML Lincoln Minerals 0.006854 0% 0% 0% 0% $3,941,168
VMC Venus Metals Cor Ltd 0.135 -23% -21% 0% 0% $24,040,622
S2R S2 Resources 0.165 -11% 22% 0% 0% $58,884,351
CNJ Conico Ltd 0.008 -78% -62% -11% 0% $12,367,229
SLZ Sultan Resources Ltd 0.085 -48% -13% 6% 0% $7,079,173
MRR Minrex Resources Ltd 0.033 -23% 6% -20% 0% $34,715,760
EFE Eastern Resources 0.028 -47% 33% -13% 0% $33,458,796
AX8 Accelerate Resources 0.025 -34% -17% -14% 0% $8,684,840
AM7 Arcadia Minerals 0.205 -2% 24% -20% 0% $9,573,068
AS2 Askarimetalslimited 0.415 80% 66% 6% 0% $21,462,518
FG1 Flynngold 0.1 -39% 5% -5% 0% $7,832,354
LSR Lodestar Minerals 0.005 -44% -17% -9% 0% $6,953,749
TEM Tempest Minerals 0.022 -4% -77% -19% 0% $11,609,622
CMO Cosmometalslimited 0.135 0% -18% 0% 0% $3,443,850
KGD Kula Gold Limited 0.025 -45% 14% -22% 0% $9,030,298
CRR Critical Resources 0.04 5% -9% -22% 0% $68,384,303
SCN Scorpion Minerals 0.07 -5% -1% -3% 0% $24,199,433
RBX Resource B 0.085 -53% -35% -2% 0% $4,850,936
PNT Panthermetalsltd 0.2 -2% -5% 18% 0% $6,150,000
WC8 Wildcat Resources 0.024 -50% -4% -20% 0% $15,888,545
ODE Odessa Minerals Ltd 0.014 180% -7% -7% 0% $9,012,051
LNR Lanthanein Resources 0.022 10% 38% -29% 0% $20,613,087
XTC Xantippe Res Ltd 0.0055 10% -31% -15% 0% $51,460,174
VMS Venture Minerals 0.023 -47% -26% -4% 0% $40,536,525
M2R Miramar 0.08 -53% -7% -20% 0% $5,654,539
TAR Taruga Minerals 0.024 -35% 26% -39% 0% $16,751,786
ABX ABX Group Limited 0.115 17% -18% -15% 0% $25,712,944
AOA Ausmon Resorces 0.007 17% 17% -13% 0% $6,001,025
LNR Lanthanein Resources 0.022 10% 38% -29% 0% $20,613,087
TKM Trek Metals Ltd 0.075 -29% 36% -12% 0% $27,659,826
BCA Black Canyon Limited 0.24 0% 4% -4% 0% $10,762,194
1AE Auroraenergymetals 0.15 0% -23% -25% 0% $18,029,539
OZL OZ Minerals 27.88 -1% 61% 1% 0% $9,343,445,006
DVP Develop Global Ltd 3.14 -18% 57% 6% 0% $526,128,040
LKE Lake Resources 0.765 -24% 1% -26% -1% $1,113,336,437
A11 Atlantic Lithium 0.6 0% 0% -25% -1% $375,559,829
VR8 Vanadium Resources 0.0555 -26% -30% -10% -1% $27,853,712
CTM Centaurus Metals Ltd 1.07 -4% 9% -9% -1% $478,359,026
CHN Chalice Mining Ltd 6.085 -37% 64% 5% -1% $2,371,617,322
PAM Pan Asia Metals 0.415 -16% -2% -5% -1% $60,210,792
AZI Altamin Limited 0.079 18% -17% -7% -1% $31,337,340
LMG Latrobe Magnesium 0.078 -19% 30% 1% -1% $124,853,559
EUR European Lithium Ltd 0.075 -42% 34% -10% -1% $107,243,699
SYA Sayona Mining Ltd 0.1875 44% 21% -20% -1% $1,650,290,982
EMS Eastern Metals 0.075 -59% -46% -23% -1% $2,929,831
INR Ioneer Ltd 0.37 -54% -13% -39% -1% $797,368,541
LPM Lithium Plus 0.355 0% -15% -34% -1% $17,629,834
SGQ St George Min Ltd 0.068 10% 106% -18% -1% $55,177,534
TMT Technology Metals 0.34 17% -12% 1% -1% $73,438,595
ESS Essential Metals Ltd 0.315 62% -14% -27% -2% $86,796,676
ASM Ausstratmaterials 1.395 -87% -59% -24% -2% $239,222,001
NIC Nickel Industries 0.9575 -33% -1% -7% -2% $2,649,335,292
AML Aeon Metals Ltd. 0.027 -31% 23% -10% -2% $29,602,817
LRS Latin Resources Ltd 0.096 231% 43% -34% -2% $204,352,740
RDT Red Dirt Metals Ltd 0.45 -32% 18% -14% -2% $197,892,516
JMS Jupiter Mines. 0.22 -4% 13% 10% -2% $430,978,027
MCR Mincor Resources NL 1.455 -18% -13% -12% -2% $796,215,743
LPI Lithium Pwr Int Ltd 0.415 -10% 0% -22% -2% $276,802,926
BHP BHP Group Limited 45.035 22% 12% -2% -2% $231,153,391,970
PMT Patriotbatterymetals 0.735 0% 0% 0% -3% $5,250,000
OMH OM Holdings Limited 0.71 -21% -5% 3% -3% $524,422,569
LTR Liontown Resources 1.23 -26% 23% -41% -3% $2,899,294,662
VUL Vulcan Energy 6.215 -40% 14% -15% -3% $907,945,455
LRV Larvottoresources 0.16 28% -26% -14% -3% $10,760,756
WMG Western Mines 0.16 -14% 33% 7% -3% $6,565,200
S32 South32 Limited 3.935 -2% 2% -6% -3% $18,303,823,624
M24 Mamba Exploration 0.135 -36% 35% -16% -4% $6,115,375
ASO Aston Minerals Ltd 0.08 -24% 0% -11% -4% $89,082,475
DM1 Desert Metals 0.1975 -45% 10% -28% -4% $14,307,113
FRS Forrestaniaresources 0.13 -54% 8% -16% -4% $8,524,782
BSX Blackstone Ltd 0.13 -77% -33% -19% -4% $63,906,994
ITM Itech Minerals Ltd 0.26 30% -20% -9% -4% $30,960,894
PLL Piedmont Lithium Inc 0.645 -12% 24% -21% -4% $268,856,898
ARR American Rare Earths 0.1925 17% -25% -20% -4% $84,812,352
GL1 Globallith 1.765 86% 51% -25% -4% $393,304,657
1MC Morella Corporation 0.0125 -31% -26% -34% -4% $73,182,965
IMI Infinitymining 0.25 39% 72% -32% -4% $21,031,538
EVG Evion Group NL 0.071 -41% -8% -24% -4% $19,819,382
BUX Buxton Resources Ltd 0.115 64% 67% 16% -4% $17,893,260
TLG Talga Group Ltd 1.37 -16% 28% -4% -4% $468,058,808
EGR Ecograf Limited 0.225 -67% -17% -18% -4% $99,073,361
LYC Lynas Rare Earths 7.625 -25% -15% -15% -4% $7,104,821,559
PSC Prospect Res Ltd 0.11 180% 133% -29% -4% $55,471,135
QPM Queensland Pacific 0.11 -33% -4% -12% -4% $192,098,271
RAS Ragusa Minerals Ltd 0.11 39% 43% -27% -4% $16,300,885
JRV Jervois Global Ltd 0.2725 -53% -46% -27% -4% $571,796,765
BMM Balkanminingandmin 0.325 -34% 97% 8% -4% $14,774,765
MOH Moho Resources 0.021 -67% -13% -9% -5% $4,360,906
G88 Golden Mile Res Ltd 0.021 -55% -22% -22% -5% $4,296,385
AKE Allkem Limited 11.06 6% 8% -23% -5% $7,167,276,887
GAL Galileo Mining Ltd 0.81 260% -39% -21% -5% $169,463,375
CNB Carnaby Resource Ltd 0.905 -33% -4% 5% -5% $135,164,436
HAS Hastings Tech Met 3.39 -35% -16% -16% -5% $445,899,041
PVW PVW Res Ltd 0.095 -76% -64% -21% -5% $9,209,166
PLS Pilbara Min Ltd 3.61 13% 61% -26% -5% $11,242,385,588
WML Woomera Mining Ltd 0.019 17% 1% 27% -5% $18,167,063
PGD Peregrine Gold 0.38 -19% 0% -13% -5% $15,113,237
CY5 Cygnus Gold Limited 0.38 117% 145% -30% -5% $69,872,201
CMX Chemxmaterials 0.185 0% 16% 19% -5% $8,670,233
ILU Iluka Resources 9.295 -6% 0% -10% -5% $4,049,603,399
IDA Indiana Resources 0.055 -14% 0% 6% -5% $27,555,265
CZL Cons Zinc Ltd 0.018 -36% 0% -14% -5% $8,332,586
IGO IGO Limited 13.05 14% 33% -20% -5% $10,192,824,763
STM Sunstone Metals Ltd 0.035 -64% -20% -5% -5% $94,336,071
NMT Neometals Ltd 0.78 -45% -14% -25% -5% $442,192,941
MEK Meeka Metals Limited 0.066 61% 35% -7% -6% $72,597,407
NKL Nickelxltd 0.08 -33% -33% -10% -6% $6,381,333
AZL Arizona Lithium Ltd 0.062 -41% -30% -13% -6% $151,435,288
MTM Mtmongerresources 0.075 -44% -38% -25% -6% $4,504,913
EVR Ev Resources Ltd 0.014 -76% -44% -18% -7% $13,005,777
GRE Greentechmetals 0.14 0% -47% -7% -7% $4,520,600
KOB Kobaresourceslimited 0.14 0% -22% -18% -7% $10,640,000
LLI Loyal Lithium Ltd 0.28 33% 33% -45% -7% $15,484,550
QXR Qx Resources Limited 0.04 82% 43% -30% -7% $37,038,217
REE Rarex Limited 0.053 -47% -9% 8% -7% $31,286,875
EMN Euromanganese 0.33 -33% 16% -6% -7% $89,823,087
MIN Mineral Resources. 74.19 32% 60% -17% -7% $14,651,039,160
PEK Peak Rare Earths Ltd 0.43 -49% 46% -5% -8% $89,456,095
PEK Peak Rare Earths Ltd 0.43 -49% 46% -5% -8% $89,456,095
NWM Norwest Minerals 0.048 -28% 66% -13% -8% $11,993,799
EMH European Metals Hldg 0.63 -51% -2% -17% -8% $76,500,973
ARL Ardea Resources Ltd 0.72 57% -6% -27% -8% $121,766,968
GW1 Greenwing Resources 0.275 -36% 25% -17% -8% $34,716,188
CDT Castle Minerals 0.021 -28% -5% -16% -9% $20,989,353
AAJ Aruma Resources Ltd 0.052 -28% -21% -29% -9% $8,318,960
ASN Anson Resources Ltd 0.1775 31% 91% -21% -9% $217,977,161
EMT Emetals Limited 0.01 -44% 11% -17% -9% $8,500,000
NVX Novonix Limited 1.415 -85% -37% -40% -9% $715,558,694
ENT Enterprise Metals 0.009 -43% 13% 0% -10% $6,345,726
WIN Widgienickellimited 0.315 31% -11% -43% -10% $82,834,233
AUZ Australian Mines Ltd 0.051 -75% -16% -15% -11% $28,771,974
SBR Sabre Resources 0.04 -20% 0% 0% -11% $11,076,475
KTA Krakatoa Resources 0.04 -18% -23% -33% -11% $15,167,236
A8G Australasian Metals 0.19 -63% -17% -19% -12% $7,822,394
PBL Parabellumresources 0.355 78% 103% -29% -12% $18,605,650
E25 Element 25 Ltd 0.915 -26% 101% -19% -13% $163,205,124
PAT Patriot Lithium 0.27 0% 0% 0% -13% $15,360,063
RVT Richmond Vanadium 0.235 0% 0% 0% -13% $20,258,834
TMB Tambourahmetals 0.1 -60% -20% -29% -13% $4,325,223
SYR Syrah Resources 2.015 13% 61% -20% -14% $1,381,375,663
BUR Burleyminerals 0.19 -7% 124% -22% -14% $7,551,071
RAG Ragnar Metals Ltd 0.012 -64% -67% -33% -14% $4,929,404
GME GME Resources Ltd 0.081 25% -8% -15% -15% $58,468,072
SRI Sipa Resources Ltd 0.03 -38% -14% -25% -17% $7,263,549
NC1 Nicoresourceslimited 0.635 0% -18% -12% -23% $54,073,876
AVW Avira Resources Ltd 0.002 -60% -33% -43% -33% $4,267,580
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Weekly Small Cap Standouts


GREEN CRITICAL MINERALS (ASX:GCM)

GCM says soil sampling has confirmed a 160km long rare earths trend at its North Barkly project in the NT which the company says points to an “immediate ionic clay (IAC) REE target”.

“GCM is pleased by these results as they confirm that the project has the potential for a very large ionic clay REE deposit at a shallow depth, most likely less than 30m,” it says.

“Such a deposit would be expected to be present as a blanket underlying the environs of the surface area rare earths trend.”

There is also a coincident and “unusually shallow” (100m deep) iron oxide copper gold (IOCG) target.

Iron oxide copper gold ore (IOCG) deposits, like BHP’s (ASX:BHP) Olympic Dam, can be tremendously large, simple-to-process concentrations of copper, gold and other economic minerals.

In 1995, BHP drilled close to this geochemical and geophysical target at North Barkly and encountered copper, lead and zinc anomalism including sulphides from 90m to 400m, GCM says.

“BHP did not assay the top 90m of the hole at all and none of it for rare earth elements,” it says.

“GCM considers this hole to be a near miss result.”

The explorer is planning to extend the soil sampling program early in the next dry season, which includes more detailed sampling over the modelled IOCG targets.

GCM then intends to drill the IOCG target, initially testing the laterite soil profile for clay hosted ionic rare earths, but also for deeper base metals and gold.

 

CRITICAL RESOURCES (ASX:CRR) 

The Canadian lithium explorer will acquire the Gullwing-Tot Lakes property, ~5.5km from the Mavis Lake ‘Main Zone’ where the company has been successfully drilling since April 2022.

CRR says it is highly prospective for lithium mineralisation, with historical exploration identifying multiple spodumene-bearing pegmatites over the project area, with rock-chip samples returning grades up to 6.78% Li2O.

The Gullwing-Tot property will form an enlarged contiguous project area of 30km long and 9.5 km wide, with a total area of 22,984 hectares.

Exploration efforts will begin in the Canadian summer, focused principally on mapping and geochemical field work to develop and refine future drilling targets.

 

HEAVY RARE EARTHS (ASX:HRE)

Heavy Rare Earths is living up to its name with exploration uncovering a large zone of rare earth mineralisation west of its Cowalinya South deposit in WA’s Norseman-Esperance region.

The new zone of mineralisation, which is over 2km wide, was identified by assay results of up to 6m grading 1,862 parts per million (ppm) total rare earth oxides (TREO) from a down-hole depth of 20m, 18m at 710ppm TREO from 22m and 10m at 640ppm TREO from 35m.

Importantly, the results from a 435 hole drill program at the project also included significant quantities of valuable magnet REEs, topping up at a solid 25.8% of the total rare earths intersected within hole AC200.

Added to that, the aircore drill program also identified other coherent zones of saprolite-hosted REE mineralisation up to 4.2km from the Cowalinya South deposit.

This includes a 600m wide zone of mineralisation that could represent part of an easterly/south-easterly extension to the Cowalinya South resource.

 

NEOMETALS (ASX:NMT)

The emerging battery materials producer has extended a deal with Scandinavian mineral development company Critical Metals to finalise a new slag supply deal with Nordic steelmaker SSAB for the parties’ proposed vanadium recovery operation in Finland, to 28 February 2023. 

Neometals is also progressing a 50% ownership and technology licensing deal for Critical’s wholly owned subsidiary, Recycling Industries Scandinavia – who’re in talks with SSAB to increase its 2Mt supply deal and secure first right of refusal on extra slag volume.

Neometals says the recovery operation would mean an opportunity to extract high-grade vanadium from slag without the need for a mining operation’s costs and carbon footprint.

 

GOLDREN MILE (ASX:G88)

The explorer has uncovered new rare earths and base metals targets during a historical review for follow-up at the Yarrambee project in WA – including 6m at 548 parts per million (ppm) Cerium oxide from 24m, and 16m at 332ppm Cerium oxide, from 20m 

Plus, assays received for the 10 hole, 1663m RC program from drilling completed in October 2022 include 2m at 0.61% Copper from 81m, and 1m at 0.6% copper and 5.98 g/t silver from 46m. 

An orientation soil sampling program of 18 lines for 360 samples to further investigate the Rare Earths, VMS, Gold and Nickel-Platnium Group Elements (PGE) targets will be undertaken in January 2023. 

 

GCM, CCR, HRE. NMT and G88 share prices today:

 

 

At Stockhead we tell it like it is. While Heavy Rare Earths is a Stockhead advertiser, it did not sponsor this article.