The Assay Weekly Roundup: 27 October to 2 November 2021
Mining investment news, insights, and company profiles
No Result
View All Result
Subscribe
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
    • All Articles
    • Assay Insights
  • Videos
    • CEO Interviews
    • Mining Masters: Inside Investment Strategies
    • Investor Panels & Presentations
  • Company Profiles
  • Magazine
  • Newsletter
  • Feature in The Assay
  • Book an Interview
  • 121 Mining Investment
  • About
    • About Us
    • Our Team
    • Contact Us
    • Partners
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
    • All Articles
    • Assay Insights
  • Videos
    • CEO Interviews
    • Mining Masters: Inside Investment Strategies
    • Investor Panels & Presentations
  • Company Profiles
  • Magazine
  • Newsletter
  • Feature in The Assay
  • Book an Interview
  • 121 Mining Investment
  • About
    • About Us
    • Our Team
    • Contact Us
    • Partners
No Result
View All Result
Subscribe
The Assay - Mining investment news, insights and company profiles
No Result
View All Result
Home Articles Weekly Roundup

The Assay Weekly Roundup: 27 October to 2 November 2021

Peter Cowell, Former Editor - The AssaybyPeter Cowell, Former Editor - The Assay
3 November, 2021
in Weekly Roundup
Reading Time: 3 mins read
The Assay Weekly Roundup: 1 to 7 February

Welcome to our roundup of some of the standout mining investment, exploration, and development stories on Theassay.com from the last seven days.

Blackstone Minerals Ltd (ASX: BSX) announced it has received firm commitments to raise A$55M in a heavily oversubscribed shares placement, plus another A$5M through a share purchase plan for existing investors. The funds will be used to support the construction and commissioning of the company’s Pilot Plant Phase 2 in Vietnam. Scott Williamson, Blackstone Minerals’ managing director, said, “The successful completion of the capital raising provides shareholders with the highest leverage and exposure to future value accretive events. The company is well capitalized to independently de-risk the Ta Khoa Project and thereby organically elevate its status as a supplier of choice into lithium-ion battery and electric vehicle supply chains.”

On the subject of pilot plants, we heard how Galan Lithium Ltd (ASX:GLN) is now in possession of the essential government permits from the Ministerio de Mineria (Mine Minister) in Catamarca to build its Stage 1 pilot plant and new camp accommodation at its flagship Hombre Muerto West (HMW) lithium brine project in the South American Lithium Triangle. Furthermore, Galileo Mining Lt (ASX: GAL) has kicked off its aircore drilling campaign at the company’s 100%-owned Norseman project, which is located in Western Australia’s Kambalda nickel belt.

In terms of drilling results, there was great news for Eloro Resources Ltd (TSXV: ELO), which has intersected some significant high-grade mineralization at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia, including 100 AG eq/t. Much further north, Canada Nickel Company Inc. (TSXV: CNC) revealed it has discovered a higher-grade core in the East Zone from its infill drilling programme at its Crawford Nickel-Sulphide Project in Ontario, Canada. Down Under, Kincora Copper Ltd (TSXV & ASX: KCC) reported that its most recent drill hole at the Trundle Park prospect in New South Wales, Australia, has intersected multiple skarn horizons and broad intervals of porphyry style intrusions.

There were highly encouraging results for S2 Resources Ltd (ASX: S2R) from its target generating soil geochemical surveys. The company has also received promising assay results for the last hole completed in the current diamond drilling programme at its 100%-owned Aarnivalkea (Aarni) prospect in Finland’s Central Lapland Greenstone Belt: 2.0m at 9.4g/t Au from 303m.

In other news, we learnt that Neo Lithium Corp. (TSXV: NLC) has obtained positive results from a National Instrument 43-101 Feasibility Study (FS) for the production of lithium carbonate at its wholly owned Tres Quebradas lithium brine project (3Q Project) in Catamarca Province, Argentina. “In a very short time since its discovery in December 2015,” said Waldo Perez, the company’s president and CEO, “we have achieved every significant milestone at the 3Q Project on time and on budget. We have identified, defined, and confirmed one of the most valuable lithium resources in the world with one of the lowest projected operating costs and capital costs in the industry.”

Thanks for reading and don’t forget to subscribe to The Assay Weekly newsletter.

Tags: ASX: S2RTSXV: CNCTSXV:ELOTSXV:KCC
TweetShareSend
Previous Post

Altus Strategies Intersects 21.9 g/t Over 10.2m At Diba Gold Project In Mali

Next Post

Medgold Resources Reaches Agreement To Sell Tlamino Project For A$3M

Peter Cowell, Former Editor - The Assay

Peter Cowell, Former Editor - The Assay

Peter is the former editor of The Assay magazine and Theassay.com. Originally from Scotland, he relocated to mainland China in 2009 and has lived in Hong Kong since 2012. Over the years he has contributed to a number of publications on various subjects, including the city’s paper of record the South China Morning Post.

Related Posts

Auto Draft
News

Canada Nickel Reports Encouraging First Metallurgical Results from Texmont

bySarah Vega, Content Writer, The Assay
26 June, 2023
The Assay Weekly Roundup: 1 to 7 February
Weekly Roundup

The Assay Weekly Roundup: 2 March to 9 March

byKatie Gordon, Associate Editor - The Assay
10 March, 2023
Eloro Resources to Commence Trading on Toronto Stock Exchange
News

Eloro Resources to Commence Trading on Toronto Stock Exchange

byColin Sandell-Hay, Contributor - The Assay
4 March, 2023
Eloro Resources Obtains Conditional Listing on TSX
News

Eloro Resources Obtains Conditional Listing on TSX

byColin Sandell-Hay, Contributor - The Assay
24 February, 2023
Eloro Resources’ Intersects 202.43g Ag eq/t at Santa Barbara Deposit
News

Eloro Resources Intersects 202.43g Ag eq/t at Santa Barbara Deposit

byColin Sandell-Hay, Contributor - The Assay
31 January, 2023
Eloro Resources Closes C$10.9M Bought Deal Financing
News

Eloro Resources Closes C$10.9M Bought Deal Financing

byColin Sandell-Hay, Contributor - The Assay
28 January, 2023
Next Post
Medgold Resources Reaches Agreement To Sell Tlamino Project For A$3M

Medgold Resources Reaches Agreement To Sell Tlamino Project For A$3M

ADVERTISEMENT

Popular Articles

  • What is Strip Mining?

    What is Strip Mining?

    0 shares
    Share 0 Tweet 0
  • Underground Mining Guide

    0 shares
    Share 0 Tweet 0
  • KoBold Metals Expands Into DRC: Bill Gates and Jeff Bezos-Backed Venture Targets Key Lithium Deposit

    0 shares
    Share 0 Tweet 0
  • The Assay Guide to Iron Ore

    0 shares
    Share 0 Tweet 0
  • Rhodium: The World’s Priciest Metal Explained

    0 shares
    Share 0 Tweet 0
  • Home
  • News
  • Articles
  • Investor Discussions
  • CEO Interviews
  • Company Profiles
  • Newsletter
  • Magazine
  • About Us
  • Our Team
  • Contact Us
Hyve logo

Please note: This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine are not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell, any regulated products, securities or investments. This Web site and The Assay Magazine do not, and should not be construed as acting to, sponsor, advocate, endorse or promote any regulated products, securities or investments. This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine do not, and shall not be construed as, making any recommendation or providing any investment or other advice with respect to the purchase, sale or other disposition of any regulated products, securities or investments, including, without limitation, any advice to the effect that any mining or metals related transaction is appropriate or suitable for any investment objective or financial situation of a prospective investor. A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. Before making any investment decision, prospective investors should seek advice from appropriately qualified and licensed financial, legal, tax and accounting advisers, take into account their individual financial needs and circumstances and carefully consider the risks associated with such investment decision.

Privacy Notice
Cookies
Hong Kong Residents Privacy Statement

© 2025 The Assay

No Result
View All Result
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
    • All Articles
    • Assay Insights
  • Videos
    • CEO Interviews
    • Mining Masters: Inside Investment Strategies
    • Investor Panels & Presentations
  • Company Profiles
  • Magazine
  • Newsletter
  • Feature in The Assay
  • Book an Interview
  • 121 Mining Investment
  • About
    • About Us
    • Our Team
    • Contact Us
    • Partners

Please note: This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine are not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell, any regulated products, securities or investments. This Web site and The Assay Magazine do not, and should not be construed as acting to, sponsor, advocate, endorse or promote any regulated products, securities or investments. This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine do not, and shall not be construed as, making any recommendation or providing any investment or other advice with respect to the purchase, sale or other disposition of any regulated products, securities or investments, including, without limitation, any advice to the effect that any mining or metals related transaction is appropriate or suitable for any investment objective or financial situation of a prospective investor. A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. Before making any investment decision, prospective investors should seek advice from appropriately qualified and licensed financial, legal, tax and accounting advisers, take into account their individual financial needs and circumstances and carefully consider the risks associated with such investment decision.

Privacy Notice
Cookies
Hong Kong Residents Privacy Statement

© 2025 The Assay