White Noise Communications

#Insights Investing in the stock market involves knowledge, research, market trends and a decent amount of luck. Throw in the element of timing and it can sometimes feel like yelling at clouds. From mum & dad retail investors through to mega funds, the question arises – should I try to pick winners or simply invest passively and follow market forces? Read this week’s Insights Article ➡ https://bit.ly/3D3Dcf5 WE ARE WHITE NOISE www.whitenoisecomms.com #WNC #Strategy #Content #Design #ASX #Mining #Investment Amalie Schreurs Andrew Rowell Fiona Marshall Jason Mack Rebecca Hagan

#ASXNews Catalyst Metals is pleased to provide an update on its production for the December quarter. • Quarterly group production of 28.4koz of gold, comprising 21.8koz from Plutonic and 6.6koz from Henty. • Cash and bullion at quarter end was A$84m, a A$26m increase since 30 September. • Catalyst debt free as of December 2024. • Development of Plutonic East remains on track with first ore expected this quarter. • Drill rigs mobilised to site has increased from two to eight over the last 12 months. • On-track to meet guidance of 105 - 120koz of gold at an AISC of A$2,300 - A$2,500. Catalyst’s Managing Director & CEO, James Champion de Crespigny, commented: “Since Catalyst consolidated the Plutonic Gold Belt, it has been able to grow its cash balance quarter on quarter. It has also been able to invest in growth – a second mine, Plutonic East, will open this quarter and the number of drill rigs on site has been increased from two to eight. "The rationale for this gradual ramp up in growth spending was to ensure control over our balance sheet throughout. "Now with $80m cash on hand, and operating cashflows continuing, we believe we are well placed to execute our 180,000m exploration program announced in December and to bring online K2 and Trident over the next 12 months.” VIEW the Announcement: https://loom.ly/a6hTMWs #CYL #ASX #ProductionUpdate

#ASXNews Viking Mines is pleased to announce that #drilling has re-commenced at the First Hit #Gold Project, located 45km west of Menzies and 2 hours north of Kalgoorlie in the Eastern Goldfields region of Western Australia • Drilling has resumed at the First Hit Gold Project after the pause which commenced mid December due to unseasonably high rainfall events. • Remaining 26 holes for ~3,120m of the Phase 1 programme is scheduled for completion before the end of January. • This programme forms part of a larger expanded ~20,000m RC drill programme envisaged to be undertaken by the Company across this highly prospective land position. • Viking’s ~20,000m drill programme is focussed on 25km strike of Zuleika Shear which adjoins Ora Banda Mining >1.3Moz Riverina-Mulline Camp. #VKA Managing Director & CEO Julian Woodcock said: “I am very pleased that we have promptly recommenced drilling at the Northern Duplex prospect to continue testing this high priority drill target. “With two drill traverses still to be drilled, we still have a large area to test with the drill bit at the Northern Duplex Target. “This target represents a parallel trend to the Riverina-First Hit mineralisation, with key structural and geochemical positions to be tested in this initial round of RC drilling. “Planning is also underway for the Phase 2 programme which will see initial drill testing of other targets across Viking’s large landholding. “I look forward to updating the market in due course with the results of the drilling.” VIEW the Announcement: https://loom.ly/sUqn3VQ #VikingMines #ASX #Gold #Goldfields

#ASXNews Trinex Minerals Limited is pleased to announce that it has received the complete set of assays from the recently completed 1,100 sample soil program on the Dudley Lithium Project in South Australia. The sampling was planned across the most prospective areas of the tenement and designed to define areas that contained Li and pathfinder (Rb Cs Ta) element anomalism. The soils were analysed using the Mobile Metal Ion (MMI) technique provided by SGS, which is typically effective in detecting the highly mobile elements (Li Rb Cs) within the weathered soil profile. Results from the sampling have confirmed the success of the program, which defined numerous new #anomalous areas across the project and delineated the known Dudley #Pegmatite. Results are highly encouraging with anomalies coincident in multiple pathfinder elements and orientated in the same NE-SW strike of mapped pegmatites seen in limited outcrop. 🔹Detailed soil geochemistry has highlighted a number of prospective trends for drilling at the Dudley Lithium Project. 🔹The Dudley Lithium Project contains thick fractionated pegmatites that strike up to six kilometres in length and have never been drill-tested. 🔹An Exploration Program for Environment Protection and Rehabilitation (EPEPR) for a reverse circulation (RC) drilling program has been lodged with the South Australian Department for Energy and Mining. 🔹Trinex, through its wholly owned subsidiary Todd River Metals Pty Ltd, will elect to proceed with the Stage 1 farm-in on the Project this month. #TX3 Managing Director, Will Dix said: “The sampling at Dudley has confirmed that there are multiple extensive #pegmatite targets that require drilling through the weathered zone to be effectively tested. We were confident that the program would give us the ability to filter out the better zones and this has been achieved. "We are excited to commence drilling on the Dudley Project in early 2025 once the appropriate statutory approvals are received and look forward to updating all stakeholders once we are ready to commence the program." VIEW the Announcement: https://loom.ly/xHJBqzY #TrinexMinerals #TX3 #Mining

#ASXNews Meeka Metals Limited is pleased to report further high-grade assays from ongoing drilling at St Anne’s, ahead of mining in the March 2025 quarter. RC drilling at St Anne’s, within the Murchison Gold Project, has intersected bonanza gold, including 10m @ 52.79g/t Au, supporting an expanded Stage 1 open pit. New results from St Anne’s include: 🔸23m @ 26.73g/t Au from 38m including 10m @ 52.79g/t Au (24SAGC002) 🔸14m @ 7.50g/t Au from 59m including 9m @ 10.79g/t Au (24SAGC006) 🔸7m @ 7.84g/t Au from 29m including 1m @ 48.80g/t Au (24SAGC001) 🔸38m @ 1.03g/t Au from 18m including 2m @ 6.24g/t Au (24SAGC003) 🔸17m @ 1.73g/t Au from 80m including 2m @ 8.04g/t Au (24SAGC013) 🔸7m @ 2.74g/t Au from 54m including 3m @ 4.83g/t Au (24SAGC005) 🔸 6m @ 2.7g/t Au from 66m including 3m @ 4.52g/t Au (24SAGC007) • The bonanza #gold in holes 24SAGC001 and 24SAGC002 extend the high-grade zone to the north of prior #drilling and support an expanded Stage 1 oxide open pit at St Anne’s North. • Assays have now been received for 49 of the 145 holes drilled to December 2024 (also see ASX announcements 18 Dec 2024 and 6 Jan 2025). • RC drilling will continue through the March 2025 quarter at both Turnberry and St Anne’s. Commenting on the drilling, #MEK's Managing Director Tim Davidson said: “This is some of the highest grades we have seen from St Anne’s and will result in the Stage 1 open pit being expanded to the north where hole 24SAGC002 intersected a 10m zone of bonanza gold grading nearly two ounces per tonne. "Further assays are expected in January 2025 from the remaining 96 holes drilled during the December 2024 quarter. Drilling remains ongoing.” VIEW the Announcement: https://loom.ly/kIq0qH4 #MEK #MeekaMetals #Gold #GoldNews

#ASXNews Meeka Metals Limited is pleased to report further high-grade assays from ongoing drilling at Turnberry, Murchison Gold Project in WA, ahead of mining in the March 2025 quarter. • RC drilling is ongoing at the open pit mining area in the Murchison where new results from Turnberry include: 🔸6m @ 26.47g/t Au from 59m including 1m @ 154.50g/t Au (24TBGC033) 🔸4m @ 30.19g/t Au from 81m including 2m @ 58.03g/t Au (24TBGC043) 🔸9m @ 12.77g/t Au from 51m including 1m @ 27.90g/t Au & 1m @ 43.60g/t Au (24TBGC042) 🔸7m @ 12.59g/t Au from 107m including 3m @ 21.53g/t Au (24TBGC028) 🔸12m @ 6.27g/t Au from 103m including 2m @ 28.30g/t Au (24TBGC023) • The strong results received continue to support and potentially improve the open pit production outlook in the Murchison. • Assays have now been received for 42 of the 145 holes drilled to December 2024 (also see ASX announcement, 18 Dec 2024). • RC #drilling will continue through the March 2025 quarter at both Turnberry and St Anne’s. Commenting on the drilling, #MEK Managing Director Tim Davidson said: “The consistent, high-grade results from this drilling highlight the strong production these pits will deliver in the coming months as we commence mining. "Pleasingly, we are seeing improved grade on the western side of the Turnberry South pit where previous drilling is sparce. Hole 24TBGC031 intersected 10m @ 2.58g/t Au outside and to the west of the pit shell. This will be followed up and there is potential for expansion of the shallow oxide open pit in this area. "Further assays are expected in January 2025 from the remaining ~100 holes drilled during the December 2024 quarter. Drilling will also remain ongoing through the March 2025 quarter, finalising the grade control program and recommencing the Turnberry underground growth drilling.” VIEW Announcement: https://loom.ly/JHKoBd8 #Gold #GoldNews #MEK #MeekaMetals

#ASXNews Tamboran Resources Corporation is pleased to share an EP 98 Operational Update on its Shenandoah South-3H well at Beetaloo Basin. • The Shenandoah South 3H (SS-3H) well was successfully #drilled, cased and cemented with 5-½-inch casing to a measured depth of 21,169 feet (6,452 metres) within Beetaloo Basin exploration permit EP 98. • The well was drilled in 25 days (spud to total depth (TD)) and achieved an average drilling rate of 843 feet per day, 10 days and 43% faster than the SS-2H well, the only well previously drilled to total depth of more than 20,000 feet. This follows the successful implementation of key lessons from wells drilled earlier in the 2024 campaign. • The SS-3H well is the first well drilled and cased with a useable 10,000-foot (3,048-metre) horizontal section below 8,000 feet true vertical depth (TVD) for stimulation in the Beetaloo Basin. • Data from the SS-3H well has demonstrated strong #gas shows and a continuation of the high-quality #shale and rock properties observed in the Shenandoah region, including a gentle, undulating structure with no faulting observed along the ~10,000-foot (3,048-metre) section. • The Liberty Energy (NYSE: LBRT) stimulation equipment and sand has been mobilized to location ahead of a 100 – 120-stage stimulation campaign, which is planned to commence in early 1Q 2025. • The SS-2H ST1 well is planned to be stimulated with up to 45 stages following the casing of the horizontal section to 5,577 feet (1,700 metres). The SS-3H completion design is expected to increase up to 75 stimulated stages over the 10,000-foot section. • IP30 flow tests from both wells remain on track for release in 1Q 2025. #TBN Managing Director and CEO, Joel Riddle, said: “We are proud to have achieved the first drilled, cased and cemented 10,000-foot horizontal section below 8,000 feet TVD within the Mid Velkerri B Shale of the Beetaloo Basin to date. Importantly, we encountered strong gas shows and no observed faulting across the entire horizontal section, which continues to exhibit high-quality shale properties in line with the SS-1H drilling location three miles away. “Drilling took a total of 25 days to reach TD, at an average drilling speed of 843 feet per day, which is 43% quicker than the drilling of the original SS-2H well, the only other well drilled to a similar total depth in the Beetaloo Basin to date "The operations team deserve full credit for delivering this historic result, which now gives us the opportunity to demonstrate flow testing over a full 10,000-foot horizontal section prior to finalizing the 2025 drilling program. Next years’ program will focus on the remaining development wells required for the proposed Shenandoah South Pilot Project, which is expected to deliver much needed gas supply into the Northern Territory gas market.” VIEW the Announcement: https://loom.ly/pOPf8oY #Gas #ASX

#ASXNews Black Canyon Limited is pleased to announce that it has received firm commitments to raise $2.5M (before costs) through a Two Tranche placement of approximately 41.7 million fully paid ordinary shares in the capital of the Company at $0.06 per New Share (Placement). The Placement was strongly supported by existing sophisticated investors and Australian Resource Investment Funds. The New Shares to be issued under the Placement will rank equally with existing shares in the Company. ➖Successful completion of an oversubscribed share placement to raise $2.5M. ➖Continued strong institutional and shareholder support received, in addition to new institutional funds participating in the placement. ➖Funds will be used to undertake exploration programs at Wandanya including reverse circulation and diamond drilling, metallurgical testwork programs, development studies and exploration across the Company’s #Manganese tenement portfolio. Black Canyon’s Managing Director, Brendan Cummins, said “We appreciate the continued support of our shareholders via this recent Placement. We are fortunate to have a strong and supportive institutional following, and we now welcome additional institutional #investors who share our belief in the fundamentals of #manganese, the strength of our assets and the exploration upside for high-grade manganese and #iron at Wandanya.” “This placement will allow Black Canyon to continue its discovery drill programs, including the drill testing of the high-grade iron discovered at Wandanya, along with the important metallurgical testwork programs to deliver #manganese concentrates to smelter end users and potential suitability for HPMSM downstream processing.” “With the completion of the placement we look forward to 2025, being well-funded to achieve our objectives with a ground position in the East Pilbara to deliver further significant results.” VIEW the Announcement: https://loom.ly/AwBsihg #BlackCanyon #BCA #Mining #Capital

#ASXNews Latitude 66 Limited is pleased to advise that the Sylvania Project sale transaction with Capricorn Metals (CMM) has now been completed. The Sylvania Project is located in the Pilbara Region of Western Australia immediately to the west (approximately 60km) of CMM’s Karlawinda #gold mine. As per ASX Release on 9 December 2024, the Binding Sale Agreement includes Consideration and Net Smelter Royalty components, as outlined in the announcement Pursuant to these terms, CMM has now issued 228,391 fully paid ordinary shares to Lat66 under Consideration (a) and granted the Net Smelter Royalties for both precious and non-precious minerals. Latitude 66’s Managing Director, Grant Coyle, commented: “Lat66 is pleased to have completed the sale of the Sylvania Project to Capricorn Metals. The sale realises latent value for shareholders from a non-core Australian asset and boosts funding for Latitude 66’s future exploration and development activities in Northern Finland. “As we advance our Finnish Projects towards development, we will continue to pursue opportunities to realise further value from our remaining Australian assets.” VIEW the Announcement: https://loom.ly/f8uLNNQ #LAT #Latitude66 #Gold #Mining

#ASXNews MPOSA HMS SONIC PROGRAM COMPLETED, PROGRESSING TO MRE & SCOPING STUDY UPDATE Chilwa Minerals is pleased to announce that it has made significant progress in advancing the Chilwa Critical Minerals Project in southern Malawi towards production. • Sonic drill program completed at Mposa, with hand augering progressing at Mpyupyu, the next prospect to be assessed. • New assay results received from further 169 sonic drillholes totalling 1,224m. • Significant results in this batch include the following: - 2m @ 22.8% THM from surface (MPO-SD-417) - 4m @ 18.6% THM from surface (MPO-SD-581), incl 2m @ 31.1% THM from surface - 6.8m @ 15.1% THM from surface (MPO-SD-586), incl 2m @ 41.5% THM from surface - 5.5m @ 15.7% THM from surface (MPO-SD-541), incl 2m @ 27.7% THM from 3m - 3.5m @ 11.9% THM from surface (MPO-SD-430), incl 1.51m @ 20.9% THM from surface - 7m @ 11.0% THM from surface (MPO-SD-538), incl 2m @ 27.2% THM from surface - 5.25m @ 11.1% THM from surface (MPO-SD-526), incl 2m @ 20.2% THM from surface - 6m @ 10.1% THM from surface (MPO-SD-553), incl 1.3m @ 23.2% THM from 0.7m - 10m @ 8.5% THM from surface (MPO-SD-506), incl 3.5m @ 15.6% THM from surface • Three batches from the Mposa program are in the laboratory for analysis. All remaining Mposa results are expected in January 2025. • Drill rigs have finished drilling for the year, with scheduled maintenance planned before #drilling resumes early January 2025. • In 2025, Chilwa is planning the following activities: - Drill out of the Mpyupyu, Bimbi and Namasalima prospects - Mineral Resource Estimate updates for the Central Zone prospects (Mposa, Mpyupyu, Bimbi & Namasalima) - Scoping Study based on the Central Zone prospects - Advancement of Environmental, Social and Governance (ESG) programs - Mining Development application - Dependent on Scoping Study results, proceed to Feasibility Study - Parallel assessment of rare earth potential #CHW’s Managing Director, Cadell Buss, commented: “From the first sonic drillholes in late 2023, we have consistently seen better results than the previous aircore holes. “With a drilling density that is intended to support a largely Measured and Indicated classification, positive assemblage results and a well advanced ESG program, the Company intends to move into a Scoping Study phase in 2025 to support our Mining Development application. “We hosted the Minister of Mines, the Hon. Monica Chang'anamuno MP, at the Chilwa Project and sample preparation facility recently and the Malawian Government is highly supportive of our plans to develop a #mineralsands operation here.” See the full announcement: https://loom.ly/pkyhjOE #ChilwaMinerals #ASX #MiningNews