Savannah Resources PLC, Landore Resources Ltd, Alien Metals Ltd,

() has inked an agreement with Galp for a proposed partnership in the lithium field around the Mina do Barroso mining project in northern Portugal. The heads of agreement with the major Portuguese energy group envisages Galp taking a 10% stake in Savannah’s subsidiary via a US$6.4mln investment, to support a definitive feasibility study.

Landore Resources Limited () said a soil sampling programme carried out along the strike to the east and west of its BAM gold project in Ontario, Canada has established the presence of “widespread anomalous gold” at the site. The explorer said a new soil-till sampling campaign covering 2km along strike to the east of the project completed in 2020 indicated “multiple gold trends” and recorded the highest soil-till assay results to date, adding that the results supported extending resource drilling at the site.

() said it has kicked off an airborne magnetic survey over the Elizabeth Hill Project in Western Australia. The explorer highlighted that the survey will help tie together all the existing prospects and historical data, to assist in the prioritisation of the target inventory.

IronRidge Resources Limited () said drilling has commenced at the Ewoyaa lithium project in Ghana in an attempt to expand the resource at the site. The AIM-listed company said the first hole drilled has intersected visible spodumene, a source of lithium, on a new target within 500 metres (m) of the current resource, adding that 10,000m of the total 12,500m of planned drilling is designed to test seven high-priority targets to add potential resource tonnes.

’s () () () surged as much as 90% as assays for the 200 series and six drill-holes for the 300 series significantly extend known mineralisation at the high-grade Big One Deposit within the core Mt Oxide Project in northwest Queensland. Best results are 40 metres at 1.64% copper from surface, including 1-metre at 16.65% from 29 metres, and 44 metres at 1.19% copper from surface.

() said its consortium partner, China National Coal Development Company (CNCDC) has commenced preliminary feasibility work relating to the potential gasification of coal at Oracle’s Thar Block VI project in Pakistan. CNCDC will guide the feasibility study workstreams for the project, which includes market analyses, type of product and scale, process technology evaluation, public engineering of auxiliary facilities required, investment estimation and financial evaluations.

() released the results of its preliminary economic assessment (PEA) of the Parys Mountain copper-zinc-lead-gold-silver project on the island of Anglesey in North Wales. Based around an updated resource estimate of 5.2mln tonnes of indicated together with 11.7mln tonnes of inferred ore, the expanded development scenario shows a pre-tax net present value (NPV) at a 10% discount of US$120mln for Parys, with an internal rate of return running at 26% over a 12-year mine life.

() said that drilling at the Lake…