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Locksley Resources (ASX: LKY) president of US operations Matt Hartmann joins Small Caps to discuss the company's highly prospective Mojave rare earth element project in California. Recently appointed to the role, Mr Hartmann has over 20 years of global mineral exploration and project development experience to the new role helping Locksley drive future exploration activity at Mojave. The Mojave project is in the right neighbourhood being located just 1.4km of the world-class Mountain Pass project, the only producing rare earth mine in the USA. Locksley has already confirmed Mojave's potential with exploration in 2023 in the North Block area of the project returning highly anomalous total rare-earth oxide results. It also identified six catchment areas in the North Block area as being prospective for ongoing rare earth element exploration. The company's upcoming exploration activities come at a time when global interest in rare earth elements is accelerating, with the US in particular making them a major critical mineral focus. Articles: https://smallcaps.com.au/locksley-resources-encouraged-promising-mojave-ree-sample-results/https://smallcaps.com.au/locksley-resources-intensifies-rare-earth-search-california-mojave-region/https://smallcaps.com.au/locksley-resources-strengthens-us-team-executive-appointed-mojave-ree/ For more information on Locksley Resources: https://smallcaps.com.au/stocks/asx-lky/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
International Graphite (ASX: IG6) managing director and chief executive officer Andrew Worland joins Small Caps to discuss the recent breakthroughs in the company’s projects and forecasts of strong market growth for the key battery metal, graphite. The company has shored up its balance sheet by reaching an agreement with its major shareholder Comet Resources and received a $1.3 million payment from the Australian Research and Development (R&D) Tax Incentive Scheme for the 2023 financial year. The R&D refund provides International Graphite with additional working capital to support the execution of its strategy to develop an Australian battery anode material. In mid-February, International Graphite successfully wet-commissioned its new graphite micronising plant in Collie, WA. The 200 tonnes per annum qualification-scale microniser is the largest in Australia and a milestone in the development of a domestic graphite industry. All these milestone comes at a time when the macro foundations for battery metal industry are strong with EV sales in the US hitting a record last year, while graphite prices are expected to spike after China recently made significant policy changes restricting the export of graphite. Articles: https://smallcaps.com.au/international-graphite-strong-purification-electrochemical-results-springdale-concentrate/ https://smallcaps.com.au/international-graphite-tightens-up-balance-sheet-comet-resources-agreement/ https://smallcaps.com.au/international-graphite-commissions-pioneering-microniser-plant-collie-wa/ For more information on International Graphite: https://smallcaps.com.au/stocks/asx-ig6/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Aurum Resources (ASX: AUE) non-executive director Mark Strizek joins Small Caps to discuss the company’s early drilling success at the Boundiali gold project in Côte d'Ivoire, West Africa. Aurum wrapped up the acquisition of Boundiali’s former owner and Côte d’Ivoire mining specialist PlusOr Global in mid-December. Included in that acquisition was two drilling rigs and a considerable amount of support equipment . Aurum has been utilising the rigs with great success, hitting a number of shallow, high-grade gold intersections in its ongoing diamond drilling program. The company has now purchased a third diamond drill rig to add to its fleet, which will increase drilling capacity from 2,600m per month to ~4,000m per month from late April 2024. Aurum has a strong cash balance of $3.9 million as of 29 February 2024, with a further $3.3 million expected following shareholder approval from the recent $7 million capital raising, allowing Aurum to accelerate Boundiali resource definition in 2024. Articles: https://smallcaps.com.au/aurum-resources-makes-bonanza-gold-hit-drilling-boundiali-project/ https://smallcaps.com.au/aurum-resources-expands-exploration-high-grade-gold-finds-boundiali/ https://smallcaps.com.au/aurum-resources-maiden-resource-boundiali-third-diamond-drill-rig-purchase/ For more information on Aurum Resources: https://smallcaps.com.au/stocks/asx-aue/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Peppermint Innovation (ASX: PIL) managing director and chief executive officer Chris Kain joins Small Caps to discuss the growing success of the company's strategic decision to build up its artificial intelligence and customer experience (CX) operations in late 2023. The company has recently landed a number of global AI and CX contracts since reaching an agreement in December to add on XPON Technologies’ established and proven ‘application modernisation’ expertise via the acquisition of two of its wholly owned subsidiaries, Xpon Digital and Holoscribe Australia. XPON Digital, renamed Peppermint Intelligence (PINT) has secured several key contracts with world-renowned organisations including a 9-year extension of an agreement with Amnesty International. PINT will continue to has expand CX-powered software offering to the human rights specialists’ global campaigns. PINT is now developing a ground-breaking AI-driven platform for a client that is aimed at matching and monetising people's skills and experiences with those needing help. The platform fully automates the end-to-end journey and experience using engagement with AI. Articles: https://smallcaps.com.au/peppermint-innovation-ai-cx-rapid-growth-new-partnerships/ https://smallcaps.com.au/peppermint-innovation-raise-ai-powered-expansion https://smallcaps.com.au/peppermint-innovation-raise-ai-powered-expansion/ For more information on Peppermint Innovation: https://smallcaps.com.au/stocks/asx-pil See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Barton Gold (ASX: BGD) (OTCQB: BGDFF) managing director Alexander Scanlon joins Small Caps to discuss the latest mineral resource estimate upgrade at its Tunkillia project in South Australia. The company recently unveiled its third Tunkillia JORC mineral resource estimate (MRE) in 12 months, with an aggressive drilling campaign lifting the project to 1.5 million ounces. A key component to the increase was the inclusion of a new 115,216 ounce gold resource identified at Area 51. Barton only announced the discovery of the approximately 500m long gold zone at Area 51 in September 2022. Located to the northwest of the main 223 Deposit at Tunkillia, the Area 51 MRE has been identified through a 72 drill holes, including 6,058m of reverse circulation and 2,605.4m diamond drilling completed by Barton. The Area 51 deposit is a satellite deposit approximately 4 km north of the Tunkillia Project, which in turn is located 530 km north-west of Adelaide in South Australia’s Gawler Craton. Article: https://smallcaps.com.au/barton-gold-tunkillia-resource-estimate-surges/ For more information on Barton Gold: https://smallcaps.com.au/stocks/asx-bgd/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Chariot Corporation (ASX: CC9) managing director Shanthar Pathmanathan joins Small Caps to discuss developments at the company's Black Mountain lithium project located in Wyoming, United States. The newly listed Chariot recently expanded the footprint of Black Mountain by 206% with the application for 218 contiguous claims taking the entire project to 352 claims covering 2,686 hectares of tenure. The acquisition of the new claims comes after Chariot raced off to a fast exploration start at Black Mountain. Chariot is off to a strong start at the project with the receipt of promising results from its maiden drilling program at project. The early results from the first 3 holes in its maiden program have also identified the potential for a range of base metals including copper, zinc and lead. Articles: https://smallcaps.com.au/chariot-black-mountain-project-significant-lithium-base-metals-potential/ https://smallcaps.com.au/chariot-corporation-resume-next-phase-black-mountain-lithium-hunt For more information on Chariot Corporation: https://smallcaps.com.au/stocks/asx-cc9/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
VHM Limited (ASX: VHM) chief executive officer and executive director Ron Douglas joins Small Caps to discuss the company's continuing run of success as it progresses the high-class Goschen rare earths and mineral sands project in Victoria. The company’s is progressing its plans to be a near-term producer with the completion of a number of project-critical milestones required to advance the Goschen rare earths and mineral sands project (Goschen) into Construction, including the assembly of a board of directors with major mine construction experience, and the placement of the Goschen Environment Effects Statement on public exhibition. In its recent string of highlights in Goschen’s development trajectory, VHM has successfully wrapped up negotiations for its first binding offtake agreement for Goschen Phase 1 products and secured 100% of the land required for the operational footprint of the Goschen Project. As the company continues its focus on taking Goschen into production, VHM has added to its company’s total ore reserves and mineral resource and maintained its contiguous tenement holdings in the in North West Victoria into 2028, during the half-year ending 31 December 2023. Articles: https://smallcaps.com.au/vhm-accelerates-transition-explorer-developer-progress-goschen/ https://smallcaps.com.au/vhm-strikes-milestone-offtake-deal-shenghe-goschen-prospects/ For more information on VHM: https://smallcaps.com.au/stocks/asx-vhm/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
PharmAust (ASX: PAA) chief executive officer Michael Thurn joins Small Caps to discuss the company's ongoing success with its investigation into its lead treatment candidate monepantel (MPL). PharmAust is focused on repurposing MPL for the treatment of human neurodegenerative disorders such as motor neurone disease (MND) / amyotrophic lateral sclerosis (ALS). New top-line Phase 1 MEND study results have found that PharmAust has taken a significant step towards helping people diagnosed with this rare and incurable disease. Notably, new tests have found that MPL displays a superior safety, tolerability to the leading FDA approved drug Relyvrio. Preliminary efficacy data also found a 58% reduction in the rate of disease progression for high dose Cohort 2 patients using the FDA primary efficacy endpoint. The result has demonstrated the potential to provide meaningful clinical benefit to people living with MND/ALS. PharmAust also recently created a “dream team” of scientists including internationally renowned experts in MND/ALS drug discovery and clinical development who will provide PharmAust with strategic guidance in the development of MPL Articles: https://smallcaps.com.au/pharmaust-monepantel-study-shows-slowdown-mnd-progression/ https://smallcaps.com.au/pharmaust-world-class-scientific-advisory-board-fight-against-neurodegenerative-diseases/ https://smallcaps.com.au/pharmaust-monepantel-study-mnd-als-treatment-fast-track-fda-meeting/ https://smallcaps.com.au/pharmaust-begins-extended-study-mnd-treatment-successful-trial/ For more information on PharmAust: https://smallcaps.com.au/stocks/asx-paa/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Aurumin (ASX: AUN) managing director Brad Valiukas joins Small Caps to discuss the company's recent strategic moves focussed on building a mining company around its flagship Sandstone gold project in Western Australia. With a history of production, Sandstone's current resource of 946,000 ounces of gold provides an ideal opportunity to take advantage of high gold prices. Aurumin has identified a number of shallow, nearby targets to follow up as part of its plans to grow the known resource with an initial focus on compiling critical mass for early production. Looking to take advantage of the significant legacy infrastructure and permitting in place, the future strategy is to grow an open pit inventory in the short term, allowing for a fast-track production start-up. The already identified open pit resources include 307,000 ounces at Central Sandstone and 65,000 ounces at Johnson Range. Articles: https://smallcaps.com.au/aurumin-sets-stage-strong-2024-western-australian-gold-ventures/ https://smallcaps.com.au/aurumin-builds-sandstone-footprint-new-high-grade-gold-tenement/ For more information on Aurumin: https://smallcaps.com.au/stocks/asx-aun/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
NickelX (ASX: NKL) managing director Matt Gauci joins Small Caps to discuss the company's early success with its foray into Canada's rich uranium mining sector. The company recently announced it had identified significant uranium mineralisation at its new Elliot Lake project in Ontario. NickelX's exploration team has identified three priority target areas with a first pass geological review. Two of the areas have been historically proven to contain mineralisation over a combined 35 km strike of prospective tenure. NickelX staked areas covering 4 highly prospective uranium targets at Elliot Lake in mid-February. The new project lies in the Elliot Lake Uranium district which historically produced around 360 million pounds of uranium from 13 underground mines. Back in WA, NickelX recently commenced an RC drilling program at the Dalwallinu nickel project. Article: https://smallcaps.com.au/nickelx-targets-uranium-riches-canada-historic-elliot-lake-district/ For more information on NickelX: https://smallcaps.com.au/stocks/asx-nkl/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Premier1 Lithium (ASX: PLC) chief operating officer Richard Taylor joins Small Caps to discuss the commencement of the company's drilling campaign at the Abbotts North Project in Western Australia. The company is following up on a machine learning generated target at Abbotts North Project, where a 2,000m RC program has been designed to test the depth and extent of the mineralised pegmatite field. At the Buttamiah prospect several parallel lithium bearing pegmatites have been mapped and sampled. The drilling campaign will help provide Premier1 with a deeper understanding of Abbotts North, where it has an option to acquire 100% of the project from a private vendor. The innovative explorer is at the forefront with the use of the latest AI and machine learning technology to help it identify and secure a portfolio of rights in a premier hard rock lithium jurisdiction. Article: https://smallcaps.com.au/premier1-lithium-commences-drilling-lithium-pegmatite-targets-abbotts-north/ For more information on Premier1 Lithium: https://smallcaps.com.au/stocks/asx-plc/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
RareX (ASX: REE) chief executive officer James Durrant joins Small Caps to discuss plans to potentially fast-track the development of its Cummins Range rare earth element project in Western Australia. The company is focused on off-take opportunities at Australia’s largest undeveloped rare earths project. RareX is now preparing for the submission of project approvals and securing offtake agreements in the lead up to the conclusion of a pre-feasibility study. It is also preparing to test near-mine anomalies with the potential to add material value to the project. Elsewhere, RareX has allocated business development capacity to Canada where it has identified advanced rare earth deposits as being attractive complementary acquisition opportunities. RareX remains bullish on the longer-term outlook for rare earths, which are expected to see over 6% compound annual growth rates year-on-year for the foreseeable future. Articles: https://smallcaps.com.au/rarex-advances-cummins-range-explores-new-global-rare-earths-opportunities/ https://smallcaps.com.au/rarex-advances-rare-earth-deposit-wa-cummins-range/ For more information on RareX: https://smallcaps.com.au/stocks/asx-ree/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Tambourah Metals (ASX: TMB) chairperson Rita Brooks joins Small Caps to discuss the company’s recent drilling success at a number of historic gold projects in WA and the continuing potential of its lithium prospects. Tambourah recently completed 17 RC drill holes for 2,684m at the historic Tambourah King and World’s Fair gold prospects within its Pilbara projects. The company successfully returned to the site of a historic gold rush with the first ever RC drilling campaign at World’s Fair and subsequently received exciting initial assay results from the program. Drilling at Tambourah King and World’s Fair was designed to test the grade and continuity of mineralisation in accordance with previous drilling interpretations and intersected mineralisation within two parallel gold lodes approximately 8m apart. On the critical minerals side, Tambourah recently obtained rock chip samples up to 3,660 parts per million lithium, 4,251 parts per million tin and 129 parts per million tantalum at the Shaw River project. In late January, the company obtained promising first-pass rock samples at the Haystack Well project of up to 7,910 parts per million lithium with associated elevated caesium and tantalum from pegmatite, pegmatite reaction zones and pegmatite float. Articles: https://smallcaps.com.au/tambourah-metals-lithium-exploration-stellar-results-wa-shaw-river/ https://smallcaps.com.au/tambourah-metals-promising-lithium-anomalies-initial-sampling-haystack-well/ For more information on Tambourah Metals: https://smallcaps.com.au/stocks/asx-tmb/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Barton Gold (ASX: BGD) managing director Alexander Scanlon joins Small Caps to discuss the recent drilling successes at the historic Tunkillia gold project in South Australia. The company obtained consistent high-grade gold hits, including the sighting of visible gold, in two areas where it is looking to add to the current 1.38 million ounce JORC resource. Earlier this month Barton obtained promising drilling results for the Area 51 gold zone, located around 4km northwest of the main 223 deposit area. New work at Area 51, the fifth new gold zone Barton had confirmed within this radius during the past 2 years, has extended mineralisation to over 700m, with a significant ‘core zone’ identified. At Area 191 Barton is unveiling an emerging high-grade resource target with the highest-grade assays yet obtained at Tunkillia. Notably the potential high-grade system is located just to the northeast of the current JORC resource. Previously drilled by Barton in August 2021, the Area 191 gold zone currently extends around 250m to 300m in width and approximately 650m in strike length. Barton is now undertaking an infill drilling campaign at Area 191 to further validate the results from previous campaigns. Articles: https://smallcaps.com.au/barton-gold-tunkillia-resource-upgrade-exceptional-drilling-area-191/ https://smallcaps.com.au/barton-gold-high-grade-area-51-expanding-tunkillia-project-potential/ For more information on Barton Gold: https://smallcaps.com.au/stocks/asx-bgd/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Lithium Universe (ASX: LU7) chief executive officer Alex Hanly joins Small Caps to discuss the company's decision to commence metallurgical testing on sources of spodumene from around the globe. The company's strategic move is in response to what it describes is a “lithium conversion capacity gap” in the North American market. It is already bringing in samples from Australia and South America, featuring various lithium grades as part of its metallurgical laboratory processing in the company’s contracted laboratory. Lithium Universe proposes to utilise a spodumene testing process flow sheet developed for the company’s Québec Lithium Processing Hub (QLPH) refinery. The help oversee the operation, the company has brought in the internationally regarded lithium expert Dr Jingyuan Liu. The plan is that he will utilise a testing protocol which matches the lithium carbonate process established for the company's proposed Québec lithium carbonate refinery. Lithium Universe views the current short-term dip in lithium prices as an advantageous window for finalising feasibility studies before the onset of the next cycle. Articles: https://smallcaps.com.au/lithium-universe-north-american-market-gap-global-spodumene-testing/ https://smallcaps.com.au/lithium-universe-quebec-carbonate-refinery-site-port-access-considerations/ For more information on Lithium Universe: https://smallcaps.com.au/stocks/asx-lu7/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
West Cobar Metals (ASX: WC1) managing director Matt Szwedzicki joins Small Caps to discuss the company's plans for its promising Salazar rare earth element (REE) project in Western Australia. After a highly active year of exploration and acquisitions, West Cobar is preparing to undertake drilling and metallurgy studies to further confirm the potential of Salazar. A 2023 review of the asset produced an updated exploration of 800 to 1250 million tonnes at 1050 to 1350 parts per million total rare earth oxides (TREO) and 101 to 154 million tonnes at 4.6 to 5.4% TiO2. A key component of its 2024 exploration campaign is a large upcoming aircore drill program which has been designed to consolidate that exploration target estimate. The drilling results will also be considered in a future update of the JORC mineral resource estimates (MREs) at Newmont and O’Connor. The current estimate for the two deposits including a total rare earths mineral resource of 190 million tonnes of 1172 parts per million TREO, an inferred titanium mineral resource of 29 million tonnes of 5.0% TiO2 and an inferred alumina mineral resource of 4 million tonnes at 29.6%, with the potential for high purity alumina feedstock. The flagship Salazar project is situated in the Esperance district, approximately 120km north-east of the port and all tenements are located on non-agricultural undeveloped state land. Articles: https://smallcaps.com.au/west-cobar-metals-high-grade-ilmenite-potential-salazar-ree-project/ https://smallcaps.com.au/west-cobar-metals-prepares-major-drilling-program-salazar-ree-project/ https://smallcaps.com.au/west-cobar-metals-upgrades-exploration-targets-salazar-ree-project/ For more information on West Cobar Metals: https://smallcaps.com.au/stocks/asx-wc1/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Wide Open Agriculture’s (ASX: WOA) chief financial officer Matthew Skinner joins Small Caps to discuss the company’s expansion plans. The regenerative food and agriculture company recently signed a new distribution deal with Japanese trading house Nissei Kyoeki which will take Buntine Protein product into Asia. Wide Open and Nissei have initially agreed to collaborate to develop the market for lupin-based proteins in Japan, with the Australian firm initially supplying its Japanese partner with Buntine Protein samples from its Kewdale facility in WA for evaluation by Japanese customers. The Nissei deal follows on from a string of agreements and activities which Wide Open reached in 2023 that have provided the company with a strong foothold in Europe. Wide Open has also recently secured exclusive sales partners in a number major markets including the US, Australia, New Zealand and the Pacific Islands. The company is bringing a differentiation strategy to commodity proteins which normally require the inclusion of other ingredients to achieve the taste, texture, gelation, and solubility requirements for recipe development, while the company’s technology is overcoming those issues. Articles: https://smallcaps.com.au/wide-open-agriculture-continues-global-expansion-strong-start-2024/ https://smallcaps.com.au/wide-open-agriculture-japanese-market-nissei-kyoeki-collaboration/ https://smallcaps.com.au/wide-open-agriculture-global-expansion-2024-lupin-protein-innovation/ For more information on Wide Open Agriculture: https://smallcaps.com.au/stocks/asx-woa/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Surefire Resources (ASX: SRN) managing director Paul Burton joins Small Caps to discuss the company's ground-breaking achievement in successfully extracting vanadium directly from magnetite concentrate from its 100% owned Victory Bore project in Western Australia. The test work process achieved a significant 91% extraction result on the vanadium ore after a 96-hour leach directly from magnetite concentrate using Surefire’s pre-leach treatment intellectual property. The company also obtained a bonus extraction rate of 88% titanium from the Victory Bore ore. The company is targeting the emerging vanadium battery sector in Australasia with a clean high purity vanadium electrolyte. As part of that plan, Surefire recently executed a non-binding memorandum of understanding with Saudi Arabian company Ajlan & Bros. Mining and Metals. The signing of the MOU with Ajlan is part of the company’s business development strategy to have a Saudi partner to jointly progress a feasible development pathway for the project, and to take advantage of the incentives available in the Kingdom of Saudi Arabia for resource projects. Articles: https://smallcaps.com.au/surefire-resources-breakthrough-vanadium-extraction-victory-bore-project/ https://smallcaps.com.au/saudi-arabia-accelerates-diversification-lithium-gold-sectors For more information on Surefire Resources: https://smallcaps.com.au/stocks/asx-srn/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Frontier Digital Ventures (ASX: FDV) founder and chief executive officer Shaun Di Gregorio joins Small Caps to discuss how the company’s Latin American business is helping to power its operations as it enters what looks to be another strong year of expansion. The performance of the Latin American operations was a standout when the leading online marketplace business recently reported its fourth consecutive quarter of positive operating cash flows. The total FDV group reported operating revenue of $21.7 million in 4Q 2023 included a record $14.4 million from its 360 LATAM business. The December quarter result also highlighted the consistent execution of the company’s strategy and the strength of its online marketplaces model. Over the past year, FDV has undertaken significant work in the areas of cost base optimisation, operational and product enhancements, and rebranding of the regions, designed to strengthen the businesses and enhance the long-term equity value of each region. This has positioned the company for a new phase focused on growing earnings and cash flows, underpinned by sustainable long-term revenue growth. Article: https://smallcaps.com.au/frontier-digital-ventures-fourth-consecutive-cash-flow-positive-quarter/ For more information on Frontier Digital Ventures: https://smallcaps.com.au/stocks/asx-fdv/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
International Graphite (ASX: IG6) chief executive officer and managing director Andrew Worland joins Small Caps to discuss the companies complimentary Springdale graphite mining project at Hopetoun and battery processing facility at Collie. The company is making strong progress at both projects which are been developed to fulfil growing demand in the global battery metal and electric vehicle markets. The Springdale project was named Australian Resource Discovery of the year in 2023 following a 240% increase in the mineral resource estimate (MRE) announced in September. The MRE saw the total Springdale mineral resource estimate grows from 15.3 million tonnes at 6.0% Total Graphitic Carbon (TGC) to 49.3 million tonnes at 6.5% TGC, making it one of the largest graphite deposits. At Collie, 200km south of Perth, International Graphite recently installed a new graphite micronising plant which will used for testwork on graphite concentrates prepared from drill core from Springdale. This will assist in qualification of the Springdale graphite material. Articles: https://smallcaps.com.au/international-graphite-new-course-groundbreaking-minerals-wa-project/ https://smallcaps.com.au/international-graphite-eyes-progress-dual-development-programs-western-australia/ For more information on International Graphite: https://smallcaps.com.au/stocks/asx-ig6/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Imugene (ASX: IMU) chief executive officer and managing director Leslie Chong joins Small Caps to discuss the progress of the company’s phase 1 MAST trial of its novel cancer-killing virus CF33-hNIS – known as VAXINIA. The oncolytic virus in VAXINIA has been shown to shrink colon, lung, breast, ovarian and pancreatic cancer tumours in preclinical laboratory and animal models. After obtaining promising early results from trials, Imugene is now increasing its dosage rates for a trial which is combing VAXINIA with pembrolizumab. Imugene recently reported that 38 patients had been dosed with VAXINIA during the continuing dose escalation phase. Overall, the study aims to recruit up to 100 patients across approximately 10 trial sites in the United States and Australia. Articles: https://smallcaps.com.au/imugene-novel-cancer-treatment-enters-new-phase-mast-trial/ https://smallcaps.com.au/imugene-positive-outcomes-novel-virus-trial-advanced-cancers/ For more information on Imugene: https://smallcaps.com.au/stocks/asx-imu/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Mitre Mining (ASX: MMC) executive director Ray Shorrocks joins Small Caps to discuss the company’s recent acquisition of the large Cerro Bayo silver-gold project in Chile. Supported by a successful capital raising, Mitre is looking to build on Cerro Bayo’s existing JORC inferred resource of 3.82 million tonnes at 206 grams per tonne for 24.7 million ounces silver equivalent. Mitre’s immediate focus is a program of rapid resource growth at a project which was in production for over 15 years. Closer to home Mitre has identified lithium and rare earth opportunities at its 100%-owned Hillside project in Western Australia’s Pilbara region. Mitre is planning to undertake detailed geology field mapping, rock chipping and extension soil sampling with a program to commence immediately in early Q1 2024. Articles: https://smallcaps.com.au/mitre-mining-lithium-rare-earths-finds-maiden-soil-program-hillside/ https://smallcaps.com.au/mitre-mining-acquires-transformational-chilean-silver-gold-project/ For more information on Mitre Mining: https://smallcaps.com.au/stocks/asx-mmc/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
CGN Resources (ASX: CGR) managing director Stan Wholley joins Small Caps to discuss the company's up-coming exploration activities in the "hot" West Arunta multi-element play in West Australia. CGN is preparing for an extensive 2024 exploration program at its flagship Webb project which is surrounded by significant activity at projects operated by companies such as WA1 Resources, the Rio Tinto Group, Encounter Resources and IGO. The company has recently wrapped up maiden drilling at the project’s Tantor target, with results from core sampling studies to help define exploration targets in 2024. The 2024 program will include ground gravity and IP surveys at the Tantor, Surus, Snorky, and Horton targets, along with an EM survey at Shep, and a combination of RC and diamond core drilling across the company’s six principal targets. Contracts for ground geophysical surveys have been awarded, with the survey planned to commence in late February 2024, while the company expects to award geophysical and drilling programs contracts in the coming month. CGN Resources has already demonstrated the potential for diamondiferous kimberlites at Webb, with earlier work discovering the largest kimberlite field in Australia. Articles: https://smallcaps.com.au/cgn-resources-busy-2024-webb-project-first-drill-results/ https://smallcaps.com.au/cgn-resources-completes-maiden-hole-tantor-target/ For more information on CGN Resources: https://smallcaps.com.au/stocks/asx-cgr/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Locksley Resources (ASX: LKY) exploration manager David Ward joins Small Caps to discuss the company's exploration activities at its prospective Mojave rare earth element project In California. The company has recently mobilised its exploration team to follow-up highly anomalous total rare earth oxide results previously identified at Mojave. A field program conducted in August identified multiple rare earth element targets within the North Block of the Mojave project, while a recent stream sediment sampling program at the North Block returned highly anomalous total rare-earth oxide results. Locksley is also following up with sampling at 6 catchment areas it identified in the North Block as prospective for ongoing rare earth element exploration. Notably, the North Block abuts the giant Mountain Pass project, the largest rare earth element mine in the US and largest producer of high-grade rare-earth materials in the western hemisphere. Mountain Pass is currently delivering approximately 15% of global rare earth supply. Articles: https://smallcaps.com.au/locksley-resources-continues-high-grade-rare-earths-mojave-project-north-block/ https://smallcaps.com.au/locksley-resources-california-next-big-rare-earth-story/ For more information on Locksley Resources: https://smallcaps.com.au/stocks/asx-lky/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Barton Gold (ASX: BGD) managing director Alexander Scanlon joins Small Caps to discuss the company’s recent exploration success at its historic Tunkillia and Tarcoola gold projects in South Australia. The company’s exploration activities at Tunkillia have led to a significant 20% increase in the gold project JORC Mineral Resource Estimate (MRE) to 1.38 million ounces. That followed a 15,200m drilling campaign which has added around 224,000 ounces of gold at the main 223 Deposit and the 223 North satellite gold zone for an estimated ‘all in’ cost of around $16 per new ounce. The total Tunkillia mineral resources now stands at 1.38 million ounces of gold contained within an ore body of 46.3 million tonnes at 0.93 grams per tonne gold. This is the second time that Barton has grown the Tunkillia project’s JORC resources during 2023. Barton has also identified significant upside at its Tarcoola project through a recently completed drilling program in the mine's open pit area. That program concluded the company's aggressive campaign of field operations for 2023, with 2024 drilling anticipated to start in March. Articles: https://smallcaps.com.au/barton-gold-adds-20-percent-tunkillia-project-three-new-zones/ https://smallcaps.com.au/barton-gold-busy-new-drilling-campaign-tarcoola-perseverance-open-pit/ https://smallcaps.com.au/tunkillia-poised-growth-barton-gold-wraps-up-drilling-program/ For more information on Barton Gold: https://smallcaps.com.au/stocks/asx-bgd/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Blackstone Minerals (ASX: BSX) managing director Scott Williamson joins Small Caps to discuss the strategy behind the company’s move to acquire a major Canadian nickel mining opportunity. Under an option agreement with CaNickel Mining, Blackstone has agreed to make a cash payment of $1.3 million and to exercise an option to acquire 100% of the Wabowden project by making up to four staged payments. Not only will the Wabowden nickel project in Manitoba provide a significant new mining venture, it will also provide Blackstone with a potential supplier of nickel to its refinery in Vietnam. With a resource of 1.3 million tonnes of contained nickel, Wabowden, considered one of the most advanced nickel sulphide projects in North America, would substantially increase Blackstone’s global mineral resource as well as potentially providing the feed required for the Ta Khoa refinery, removing the company’s dependency on sourcing third-party feedstock. Wabowden also ticks all the boxes when it comes to Blackstone’s “green” nickel ideals. Article: https://smallcaps.com.au/blackstone-minerals-continues-global-expansion-canadian-nickel-acquisition/ For more information on Blackstone Minerals: https://smallcaps.com.au/stocks/asx-bsx/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Surefire Resources (ASX: SRN) managing director Paul Burton joins Small Caps to discuss the robust results reported in a pre-feasibility study for its Victory Bore vanadium project in Western Australia. Company representatives will travel to the Saudi Arabian capital of Riyadh next month to continue discussions for potential processing opportunities in that country. Surefire has already signed a non-binding Memorandum of Understanding (MoU) with the Ministry of Investment Saudi Arabia (MISA) for vanadium and critical mineral processing in the Kingdom of Saudi Arabia (KSA). The Victory Bore study has confirmed a viable project producing approximately 1.25 million tonnes per annum of high-quality vanadium-titanium magnetite concentrate at the Victory Bore mine. The project will also produce up to six products from that concentrate in the Kingdom of Saudi Arabia, including 2,580 tonnes per annum of high purity vanadium and 5,760 tonnes per annum of ferrovanadium. The KSA has a significant steel sector with demand for vanadium products, including ferrovanadium and vanadium electrolyte for vanadium redox batteries. Article: https://smallcaps.com.au/surefire-resources-new-saudi-offtake-discussions-robust-victory-bore-report/ For more information on Surefire Resources: https://smallcaps.com.au/stocks/asx-srn/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Wide Open Agriculture’s (ASX: WOA) chief executive officer Jay Albany joins Small Caps to discuss the company's milestone agreement to distribute its unique product in Europe. Under a non-binding term-sheet agreement, Ingå Group will become the exclusive distributor of Wide Open Agriculture’s portfolio of lupin-based proteins in Europe. Ingå is a subsidiary of leading Swedish family owned business Axel Johnson, which specialises in collaborating with partners in areas such as food, energy, health and industry. Wide Open is looking to leverage Ingå's expansive network and expertise to bring its Buntine Protein to new markets. Ingå has also agreed to invest $825,000 in Wide Open Agriculture Germany GmbH to support the company's capability expansion in Europe. Wide Open sees the proposed investment as a significant vote of confidence in the company and its strategy for continued growth across the plant-based sector. Articles: https://smallcaps.com.au/wide-open-agriculture-european-distribution-deal-lupin-based-proteins/ https://smallcaps.com.au/wide-open-agriculture-raises-funds-worlds-largest-lupin-protein-producer/ For more information on Wide Open Agriculture: https://smallcaps.com.au/stocks/asx-woa/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Boss Energy (ASX: BOE) managing director Duncan Craib joins Small Caps to discuss the company's significant developments at the Honeymoon uranium project in South Australia. The company this week has passed another key milestone in the development of the project with start-up wells yielding production-grade uranium. That development confirmed Boss is on track to fill the Pregnant Leach Solution (PLS) processing ponds at Honeymoon by the end of this calendar year. The Honeymoon development goal is to fill the PLS pond in preparation for commissioning the IX circuit in January with the first drum of uranium on track to be produced as planned in Q1 2024. Importantly the supporting infrastructure is operating to design specifications, including the raw water system, the 25,000 ton gypsum repository, reagent handling systems and first fills of key reagents. All critical path items remain on track for delivery in line with the project schedule, with more than 279 procurement packages issued. The looming Honeymoon start-up comes at a time when the uranium price recently hitting a 15-year high and the debate to include nuclear in the Australian energy mix is becoming increasingly positive. Articles: https://smallcaps.com.au/boss-energy-captures-trace-uranium-start-up-wells-honeymoon-project/ https://smallcaps.com.au/boss-energy-drills-satellite-deposits-increase-resource-base-honeymoon-uranium-project/ https://smallcaps.com.au/boss-energy-kicks-off-mining-activities-honeymoon-uranium-project/ For more information on Boss Energy: https://smallcaps.com.au/stocks/asx-boe/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
BPH Energy (ASX: BPH) managing director David Breeze joins Small Caps to discuss the recent news that a special committee has blocked a proposed ban on oil and gas exploration off the New South Wales coast. BPH has an interest in the large PEP-11 licence through its 35.8% investee company, Advent Energy. Advent, via its wholly-owned subsidiary Asset Energy, is currently in the process of furthering a PEP-11 joint venture applications to lift a suspension of its work program conditions and related extension of the licence. These applications have been filed with Australia’s offshore watchdog, the National Offshore Petroleum Titles Administrator (NOPTA) and the blocking of the anti-drill bill now means Asset can continue to progress its discussions with NOPTA. The authority’s most recent notice stating that the applications’ status is now ‘Under Assessment’, which paves the way for the authority to finally make its decision on Asset’s applications. At the same time, Asset continues to investigate the availability of a mobile offshore drilling unit (MODU) to drill the proposed Seablue-1 well on the large Baleen prospect in PEP-11. Asset is also continuing discussions with drilling contractors and other operators who have recently contracted rigs for work in the Australian offshore beginning in the first half of 2024. PEP-11 is considered to have the potential to contain the largest gas resources off the NSW coast. Articles: https://smallcaps.com.au/failure-bill-ban-offshore-oil-gas-activities-bph-energy-exploration-plans/ https://smallcaps.com.au/bph-energy-progress-multiple-fronts-gas-medical-hydrogen/ For more information on BPH Energy: https://smallcaps.com.au/stocks/asx-bph/ See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
