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Renergade discovers Ernest Henry-style IOCG breccia zone

Published: 02 Jul 24

Brisbane-based Renergade Exploration on Tuesday announced the discovery of a large iron-oxide copper gold (IOCG) breccia system at its Mongoose Deeps prospect, near Cloncurry, similar in characteristics to the nearby Ernest Henry mine, after its maiden drill hole reached a target depth of 1 612 m. Renergade chairperson Robert Kirtlan described the drill. Result as a “terrific reward” for six months of geophysics, processing, modelling, mapping and planning.

Deep Yellow initiates financing process for Namibia uranium project

Published: 02 Jul 24

Uranium project developer Deep Yellow has appointed Nedbank as the mandated lead arranger and bookrunner to coordinate and arrange project financing for its flagship Tumas project, in Namibia. The ASX-listed mining company says Nedbank has an extensive track record in financing mining projects across Africa. The current Deep Yellow management team previously worked with Nedbank in project financings for a uranium project in Namibia and a second African project.

Ironbark Zinc completes Mt Isa projects buy

Published: 02 Jul 24

Exploration company Ironbark Zinc has completed the acquisition of an 80% interest in the Simon and Anderson projects, in Mt Isa, Queensland, from fellow-listed Aeon Metals. The company finalised the acquisition following a successful site reconnaissance trip last month.

Australian Vanadium completes initial phase of optimised study

Published: 02 Jul 24

Exploration and development company Australian Vanadium (AVL) has completed the first phase of an optimised feasibility study for its Western Australian project, confirming the preferred development pathway for an integrated project. The company merged with Technology Metals Australia (TMT) in February, amalgamating their adjacent mining projects across one orebody at Gabinintha. This provided opportunities to realise synergies from creating a consolidated project.