Samso - Compelling ASX Stories’ Post

📌OD6 Metals (ASX: OD6) - High Metallurgical Recoveries Continue at Splinter Rock from Phase 3 samples tested at the ANSTO✅ 📢Brett Hazelden, Managing Director, commented: “The results continue to show that the #SplinterRock Recoveries are as good as or better than the Brazilian Clay Hosted #RareEarth plays that have gained so much attention over the last 12 months, and continues to affirm that we are Australia’s premier clay-hosted rare earth deposit. The Inside Centre recoveries of ~60% when combined with grades of between 1,400 to 2,200ppm TREO, across an extensive 2km by 1km areas, with substantial thicknesses between 20 to 77m, a low stripping ratio, plus low acid consumptions continues to be a standout for the company. These metrics align closely with the essential value drivers we believe are crucial for the economic viability of clayhosted rare earth projects both in Australia and globally. At the Splinter Rock Project we have no private royalties, do not sit over farming land, are located in a known wind and solar renewable energy corridor, plus we are only a short distance to the major port of #Esperance. We look forward to these factors being considered as part of our future Mineral Resource Estimate upgrade scheduled for later this quarter." Highlights: 💠Achieved high metallurgical recoveries, up to 90%, of MagREE in multiple Prospect areas, across 71 new samples 💠Average ~60% MagREE recovery at 25g/l HCl (excluding basin edges and carbonaceous shales) – #CentreProspect: 42% to 90% recovery of MagREE – #InsideCentreProspect: 44% to 76% recovery of MagREE – #PropProspect: 41% to 77% recovery of MagREE 💠Importantly recoveries for all MagREO inclusive of Nd, Pr, Dy, Tb are similar. This is the key to overall project economics for any clay hosted rare earth project. 💠The data is being considered as part of the future Mineral Resource Estimate Upgrade expected to be available this quarter. 💠Further Phase 4 metallurgical leaching and processing optimisation work underway at ANSTO 💠All assays contained in this ASX announcement are based on the 4-Acid soluble digestion method, aligning with the reporting of geological drill assays and the Mineral Resource Estimate Read more 🔗https://lnkd.in/g_KmdCpy Darren Holden Piers Lewis Mitch Loan Tim Jones MSc IAG IAH #greenrareearth #greentechnologies #esg #REE #criticalminerals #criticalrareearthminerals #mineralresource #futuresustainability #exploration #investors #shareholders #miningnews #DYOR #ASX #OD6 Samso - Compelling ASX Stories Noel Ong Samso Media: https://lnkd.in/geb_hMZn Our Distribution Partners: https://lnkd.in/gkvXVRd6 The Red Seagull Theory Brochure: https://bit.ly/samso0223 Subscribe to Samso Insights on Patreon 👉🏻https://hubs.ly/Q02qQLCT0 🚨 Register for free on #SamsoInsights Patreon. 🎦The Path To Production - The OD6 Story - 2024 https://lnkd.in/gumuP9x7

📌OD6 Metals (ASX: OD6) - High metallurgical recoveries at #GrassPatchProject, located approximately 30km to 100km north of Esperance in Western Australia ✅ 📢Brett Hazelden, Managing Director, commented: “Whilst our focus over the last 12 months has been firmly on our world class #SplinterRockProject, we have continued to leverage that work and apply it at Grass Patch. It is pleasing to report that all eleven metallurgical samples sent to ANSTO have surprised us on the upside of our expected metallurgical leach recoveries, with each of the fifteen rare earth elements also being broadly equally recovered which is one of our key tests for clay projects to be potentially successful. The results confirm further targeted drilling should occur primarily at the Belgian, Circle Valley and Scaddan Prospects. We have utilised our new bottle roll technique, developed in conjunction with ANSTO, designed and calibrated to reflect an equivalent six hour stirred reactor leach. With reference to the low slurry density used, it is important to highlight this is the standard slurry density used by ANSTO for all clay hosted rare earth projects inclusive of acid soluble and ionic diagnostic leach tests. As we progress further bench scale testing, it is anticipated that a slurry density of between 25% and 30% is likely to be optimal, as recorded on a number of other projects, with little to no decrease in leach recoveries.” Excellent metallurgical recoveries achieved up to 86%, of MagREE in multiple Prospect areas, across 11 new samples. Average 69% MagREE recovery at 25g/l HCl: 🔸#BelgianProspect- 47% to 86% recovery of MagREE (average 68.5%) 🔸#CircleValleyProspects- 76% and 82% recovery of MagREE (average78%) 🔸#ScaddanProspect- 48% recovery of MagREE (single sample). Importantly, recoveries for all Magnet Rare Earth Oxides (MagREO) inclusive of Neodymium (Nd), Praseodymium (Pr), Dysprosium (Dy), Terbium (Tb) are similar. This is the key to overall project economics for any clay hosted rare earth project. These initial metallurgical results when combined with the first pass reconnaissance drill program assays confirm further targeted drilling should occur at the Belgian, Circle Valley and Scaddan Prospects. All assays contained in this ASX announcement are based on the 4-Acid soluble digestion method, aligning with the reporting of geological drill assays and the Mineral Resource Estimate. Read more https://lnkd.in/g2nRbU-P Darren Holden Piers Lewis Mitch Loan  #greenrareearth #greentechnologies #ESG #REE #criticalminerals #criticalrareearthminerals #futuresustainability #exploration #investors #shareholders #rareearths #DYOR #ASX #OD6 Samso - Compelling ASX Stories Noel Ong Samso Insights on Patreon https://hubs.ly/Q02pGtNm0 🎦Listen to Brett Hazelden to understand the chemistry in #CoffeewithSamso Episode 193 before the recent announcement. https://lnkd.in/gKzXiuay

First Class Metals PLC ("First Class Metals" "FCM" or the "Company") the UK listed metals exploration company seeking economic metal discoveries across its extensive land holdings, remains focused in northern Ontario, Canada, is pleased to announce significant advancements in field activities and supporting technical developments. Highlights · Coco East property- field work completed, base metal potential. · Sunbeam Project- 85 samples from Nuinsco diamond core drilling dispatched for assay. · North Hemlo- 25 coarse rejects from Dead Otter trend to be re-assayed by Photon Assay · Zigzag Lithium & Critical Metals Project- Award of an Exploration Permit for three years Marc Sale First Class Metals CEO Commented: “At FCM we persist in our aim of enhancing the value of the portfolio. The field work at Coco East ensures the property's positive standing beyond 2024, furthermore we eagerly await the results from the prospecting in a new area of historic potential. The review of the historic drill core from the Sunbeam Property was our initial focus this year after EGS ‘found’ the TerraX core. The significance of the review is the revelation that from the stripping at Roy and Pettigrew the host porphyry was proved to be auriferous: successful resampling here could revolutionise the property’s potential. Despite Dead Otter's assays being the highest recorded from the North Limb of Hemlo, we suspect coarse gold might be skewing fire assay results, possibly misrepresenting the samples. Adopting Photon Assaying, a relatively new method, may resolve this issue. Lastly the award of a further three years Exploration Permit at Zigzag, supported by the Whitesand First Nation is a welcome event. The permit opens up the new structure we delineated in the south and gives us more options on the core structure that we drilled last December. It’s been a busy few months for FCM as we enter the summer period with a lot of activity still to look forward to. As a follow up to my recent field trip to northwest Ontario we have populated additional information to the Data Room and received request from a further company to review specific properties.” https://lnkd.in/eh6ynSp3

#ASXNews Viking Mines is pleased to present its quarterly activities report for the period ended 30 June 2024. #VKA’s focus during the reporting period was advancing metallurgical testwork programmes at the Canegrass Battery Metals Project in Western Australia. • Critical Milestone Achieved: Production of #Vanadium Pentoxide (V2O5) from Canegrass sample, unlocking the pathway to a flowsheet for vanadium production. • Stage 3 Metallurgical Testwork Commenced: Focus on producing a larger (>40kg) sample of magnetic concentrate and associated non-magnetic tail for further testwork. • Feasibility Testing: Stage 3 magnetic concentrate is undergoing testwork to determine the practicality of separating Iron and Titanium. The non-magnetic tail to undergo a sulphide floatation process to determine if a #Copper, #Nickel, #Cobalt sulphide concentrate can be produced. • Success in these objectives could significantly enhance the Project’s potential cashflow generation with potential revenue streams available from V2O5, Fe, TiO2, Cu, Ni & Co. Commenting on the quarterly activities, Viking Mines Managing Director & CEO Julian Woodcock said: “Achieving V2O5 flake production for the first time at the Canegrass Project is a critical milestone and opens up the substantial opportunity to release value from this significant Resource.” View the full report: https://loom.ly/9u1AUnA #VikingMines #MiningNews #ASX

Surefire Resources NL (ASX:SRN) is advancing discussions with key stakeholders to develop the Victory Bore Vanadium and Iron Ore Project in Western Australia while also identifying new opportunities for #magnetite exploitation at Unaly Hill. The company says it has identified several key stakeholders who may assist in fast-tracking Victory Bore’s development and continues to engage in discussions. “The continued discussions with all the key stakeholders are positive and are essential to progress critical work that’s needed to progress towards completing a definitive feasibility study (DFS) which will allow the board to make a final investment decision (FID) for this remarkable critical mineral opportunity,” Surefire Resources CEO Jan De Jager said. More at #Proactive #ProactiveInvestors #Vanadium #IronOre #BatteryMetals #CriticalMinerals http://ow.ly/5SWU105ykMo

Grid Metals Corp. (TSX-V: GRDM) Commences Maiden Drill Programme at MM Copper Nickel Project Robin Dunbar, Grid’s CEO & president, stated “We are pleased to see the drill rig turning at the prospective Eagle gabbro trend where we see the potential to outline copper-dominant mineralization in several areas over the >4km target trend being tested." Read here https://hubs.la/Q02TWz5r0 #TSXV #GRDM

Viking Mines has successfully completed a Pit Optimisation Study on the Canegrass Battery Minerals Project Mineral Resource Estimate with; 61Mt at 0.81% V2O5, 35.9% Fe, 7.6% TiO2, 714ppm Cu, 687ppm Ni & 177ppm Co Inferred (JORC 2012) Pit constrained MRE. #VKA has selected the Base Case scenario at a 0.7% V2O5 processing cut-off as it considers revenue from both the #Vanadium and #Iron from the Project, which is supported by the current level of metallurgical testwork completed and the results achieved. Learn more: https://loom.ly/REWrxVE #VikingMines #ASX

OD6 Metals Ltd (ASX:OD6) managing director Brett Hazelden sits down with Proactive’s Jonathan Jackson to discuss ongoing work at its Splinter Rock Project in WA. Hazeldon discusses OD6’s aim of being at the forefront of research into geo-metallurgical exploration for Australian clay REE deposits, before taking us through the most recent results from the project. Ore taken from the project achieved recoveries up to 90% for magnet REEs across 60 fresh samples and averaged magnet REE recoveries of about 62% at a concentration of 25 grams per litre of hydrochloric acid. In an important discovery for the overall economics of the project, the recoveries for all magnet rare earth oxides (MREOs) were similar, whether it be #neodymium, #praseodymium, #dysprosium or #terbium. Hazeldon said the results affirmed the Splinter Rock project as Australia’s premier clay-hosted rare earth deposit. Watch at #Proactive #ProactiveInvestors #ASX #OD6 #BatteryMetals #CriticalMinerals #RareEarthElements #MagnetRareEarths https://lnkd.in/eyF3qbTH

BrightStar Resource Group (ASX: BTR) has obtained high-grade results substantiated by numerous observations of visible gold in both drill holes in the second round of priority assay results from the remaining two metallurgical diamond drillholes at Cork Tree Well https://hubs.li/Q02mtF4v0

If your interested in what SPC Nickel is doing check out Grants latest interview.