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Showing posts from June, 2022

Lindsay Dudfield, Executive Director and CEO of Jindalee Resources Limited, Executed MOU with POSCO Holdings For Joint Research At McDermitt Lithium Project

JINDALEE RESOURCES LIMITED  (ASX: JRL) (Jindalee, the Company) is an Australian exploration company with Tier 1 lithium deposits in its portfolio in the United States. The Company’s core goals are to discover world-class mineral deposits and generate shareholder wealth. The United States is one of the largest marketplaces for lithium demand, and Jindalee is a leading company committed to help meet future demand. The Company is focussing efforts into developing its McDermitt lithium deposit. Jindalee Resources was listed on the Australian Securities Exchange (ASX) on 11th July 2002 and raised AUD 2.70 million. Now, it is a pure-play United States lithium company. Jindalee’s Projects: In June 2018, the Company acquired McDermitt and Clayton North, two lithium sediment projects in the United States. Both projects are 100% owned by HiTech Minerals Inc., a wholly owned, US-based subsidiary of Jindalee. Several factors attracted the Company’s interest in these projects including: Potentially
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Altech Chemicals: Filing Patent for Silumina AnodesTM Battery Technology

  ALTECH CHEMICALS LIMITED (ASX: ATC)  (Altech or “the Company”) has announced its further patent filings to protect its intellectual rights over its Silumina Anodes TM  battery technology. Silumina Anodes TM  is an alumina coated composite silicon and graphite battery anode that can be integrated into lithium-ion batteries to provide higher energy retention capacity. As the proprietary product of Altech,  THE COMPANY  has filed both national and international patents to preserve its intellectual property. Patent Applications Patent application in Australia Altech filed a National patent in Australia on 13 May 2021. The patent covers  BOTH  the Silumina Anodes TM  technology as well as the invention methods for coating anode-active materials with alumina. Patent applications in other countries Altech has also filed national patent applications in the United States, Europe, China, Japan, and Korea. These applications claim priority citing the Australian provisional patent from  13 MAY 2
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Well Drill Program and Renewed Credit Facility by Calima Energy

  Post the Russia-Ukraine war,  Energy drilling in Australia   has slowed down. However, to boost their oil production, Calima Energy announced their 4 Well Drilling Campaign in Brooks. In the initial days of 2022, the honourable President and CEO of  BLACKSPUR OIL CORPORATION ,  MR JORDAN KEVOL , stated its 4 Well Drill Program and Renewed Credit Facility stating that: “The Company has officially kicked off its post-spring break-up drilling program. The wells scheduled for Q3-2022 are getting a head start based on favourable weather conditions and the availability of a preferred drilling rig. Drilling is anticipated to take 6 weeks for the 4 wells, and the first production is expected from the Gemini wells by 31 July as the wells are on lease tie-ins.” Camila Energy Has Started Its Four-Well Drilling Program After the success of Gemini #5 in the first quarter of 2022, Gemini #8 has been spudded and has continued the drilling process for ten days up to 670 meters deep. The commencement
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Calima Energy and Chairman Glenn Whiddon All Set For a Half-Year Dividend Program

  Much of the world’s attention is streamlined towards Western Canada’s unique geographical advantage for oil and natural gas production. The recent years have seen a substantial increase in production, which could be attributed to the prolific formation of Montney. This unconventional resource abundant across the borders of Alberta and British Columbia, has been a source of keen interest for major market players for decades. But only one managed to tap into the region’s full potential, allowing Canadian gas prices to reach an all-time high –   Calima Energy. Following its strong production performance assets,  Calima Energy  and  Chairman Glenn Whiddon  are welcoming a half-year dividend program to reflect the underlying value of their assets more accurately. How are they doing that? Let’s find out! WHAT YOU NEED TO KNOW ABOUT CALIMA ENERGY IN 2022 CALIMA ENERGY  Limited ( CE1 ASX ), founded in 2005, is a globally renowned Canadian oil and gas company. It is primarily focused on explo
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Eclipse Metals Ltd.: Application for a Drilling Permit at Grønnedal-Ika

  ECLIPSE METALS LTD (ASX  – EPM)  (Eclipse Metals and the “Company”) announced the promising presence of REE mineralization at Grønnedal-Ika from their field sampling in late 2021 and modelling of magnetic survey results. These exploration results provided Eclipse Metals with targets for REE mineralisation, following which, the Company applied for  A DRILLING PERMIT FOR THE 2022 FIELD SEASON . MAGNETIC MODELLING SURVEY RESULTS Magnetic modelling provided a 3D model of the subsurface. This 3D model was further used to gain an understanding of the depth of mineralization and geometry of the bodies. Following are the results obtained from Magnetic Modelling: Sample analyses found a total REE mineralisation of up to 34,000 ppm from the carbonatite samples taken from Grønnedal-Ika. The analysis of the samples revealed the presence of Europium throughout the carbonatite intrusion. Grønnedal-Ika contains well-known and accessible sources of carbonate rock. These are expected to be suitable f
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