Hemogenyx Pharmaceuticals PLC (LSE:HEMO, OTC:HOPHF) CEO Dr Vladislav Sandler and non-executive director Peter Redmond talked with Proactive's Stephen Gunnion about key developments within the company.

Redmond explained the recent 400-to-1 share consolidation, intended to attract serious institutional investors.

Sandler shared insights from his attendance at the Chemical and Biological Defense Conference in Florida and the American Society of Hematology conference in San Diego. He emphasised growing interest in the company’s CAR-T program for treating acute myeloid leukaemia (AML), which is progressing towards its first clinical trials.

Sandler and Redmond also spoke about the significant breakthrough in the company’s CBR (Chimeric Bait Receptor) program, emphasising its potential impact alongside CAR-T development.

Hemogenyx Pharmaceuticals remains focused on delivering innovative treatments, expanding into pediatric CAR-T applications, and advancing its clinical programs. As Sandler stated, 'We may have a chance to partner with entities to develop one-day manufacturing, reaching the next level of CAR-T delivery.

Stay tuned for more updates on Hemogenyx’s innovative journey.

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Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Forrestania Resources Ltd (ASX:FRS).

The company has secured an additional tenement under a 12-month option adjacent to its Bonnie Vale Project, near Coolgardie in Western Australia’s Eastern Goldfields.

The new tenement, east of the company's existing holdings, includes the southern extension of the Kunanalling Shear Zone—a prominent regional structure associated with significant gold-bearing resources, such as Evolution Mining's 5-million-ounce Mungari Project.

The option agreement involves a $15,000 fee paid to Amery Holdings Pty Ltd. Upon expiration of the option period, Forrestania can acquire 100% of the tenement for $35,000, payable in shares based on a five-day volume-weighted average price at that time.

During the option period, Forrestania plans to conduct literature and historical data reviews, followed by fieldwork to validate findings.

The tenement is expected to feature in upcoming exploration programs, complementing ongoing drilling at the nearby Ada Ann prospect, where the company is awaiting assay results from recent reverse circulation drilling.

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Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Predictive Discovery Ltd (ASX:PDI, OTC:PDIYF).

The company has delivered strong gold results from resource development drilling at the Sounsoun target in the Argo area of its Bankan Gold Project in Guinea.

A key highlight includes 6 metres at 19.98 g/t gold from 13 metres, with a standout interval of 2 metres at 53.92 g/t gold from 15 metres.

Pending assay results from 10 additional holes will inform a maiden mineral resource estimate (MRE) for the Argo area, expected in Q1 2025.

The Sounsoun mineralisation is associated with a shear zone extending at least 300 metres along strike, showing excellent continuity and remaining open at depth.

Predictive Discovery remains committed to its strategy of advancing regional drilling programs to identify new deposits at the highly prospective Bankan Gold Project.

Drilling is focused on infilling existing patterns, testing extensions and supporting the maiden MREs for the Sounsoun, Fouwagbe and 800W targets. Regional exploration is ongoing in the northern NEB areas and southern Bokoro permit.

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Novo Resources Corp (TSX:NVO, OTCQX:NSRPF, ASX:NVO) executive co-chair and acting CEO Mike Spreadborough talked with Proactive’s Tylah Tully about the company’s latest portfolio expansion and strategic plans for 2025.

Spreadborough outlined the addition of the Toolunga, John Bull and Tibooburra projects, emphasising the company’s disciplined approach to identifying drill-ready assets with the potential for significant resource development.

Discussing the Toolunga Project in Western Australia’s Onslow district, Spreadborough highlighted its prospective geology and proximity to established gold and lithium operations.

The John Bull Project in New South Wales features historical drilling results and promising targets for exploration, while the Tibooburra Project, also in New South Wales, was praised for its advanced, high-grade drill-ready targets and compelling prior drilling results.

Spreadborough shared Novo Resources' aggressive exploration plans, with drilling slated to begin across these projects in early 2025.

He expressed optimism about the company’s ability to build a robust resource base as it heads into the new year.

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Pursuit Minerals Ltd (ASX:PUR) managing director and CEO Aaron Revelle talked with Proactive’s Tylah Tully about the company's flagship Rio Grande Sur Project in Salta Province, Argentina.

Revelle announced a significant resource upgrade, with the lithium resource increasing over 300% to 1.1 million tonnes at a grade of more than 500 mg/L lithium.

This upgrade represents a notable step forward in both resource size and grade, positioning the project as a competitive player in the lithium market.

Revelle explained how this enhanced resource, combined with the project's 250-tonne lithium carbonate pilot plant in Salta City, has technically de-risked the operation.

"This expanded resource allows us to plan for a mine life approaching 50 years, with first battery-grade lithium carbonate expected by Q1 2025," Revelle said.

The company is advancing feasibility and scoping studies for scaling production to as much as 20,000 tonnes annually.

In 2025, Pursuit will focus on bringing the pilot plant into continuous operation on-site and exploring potential resource expansions.

Revelle emphasised that the Rio Grande Sur Project remains competitive, with operating costs projected to be in the $4,000 to $5,000 per tonne range, ensuring profitability even at current lithium prices.

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AuKing Mining Ltd (ASX:AKN) managing director Paul Williams talks with Proactive’s Tylah Tully about the company's challenging 2023 and its strategic plans for 2024.

Despite difficulties, including a significant drop in share price and shareholder dissatisfaction, Williams expressed optimism for the year ahead, focusing on major projects and leadership changes.

Williams highlighted the Cloncurry Gold Project in Queensland, where AuKing is earning a 15% interest, describing it as a significant opportunity ready for production.

He also discussed the company’s copper-zinc asset in Western Australia and its uranium interests in Tanzania, alongside newly acquired projects in Canada exploring rare earths and niobium.

Looking to 2025, AuKing Mining plans to advance its Cloncurry project, initiate drilling campaigns and generate consistent news flow.

Additionally, the company plans to strengthen its leadership team by appointing three experienced directors to enhance its capabilities.

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Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Lanthanein Resources Ltd (ASX:LNR, OTC:FRNRF).

The company has started diamond drilling at the Lady Grey Project, part of Mt Holland in Western Australia.

The project is near the historic Bounty Gold Mine, which produced 1.3 million ounces of gold on Covalent Lithium’s Mount Holland mine site.

This marks the second phase of exploration at the Lady Grey prospect, targeting a modelled conductor plate identified through a moving loop electromagnetic (MLEM) survey.

The conductor plate lies 200 metres below the surface and dips to the east. Drilling is being conducted from a historic access road that connects Lady Ada Mine and the Marvel Loch Forrestania Road.

The program focuses on diamond tail drilling of three reverse circulation (RC) precollars previously drilled to depths of up to 150 metres.

The current phase is testing the conductor plate under Line #6, which corresponds to a 75 parts per billion (ppb) ultrafine soil gold anomaly.

Heritage surveys for MLEM Line #1, which features a stronger 256 ppb soil anomaly, have been completed by the Ballardong Aboriginal Corporation and their consultants.

Lanthanein is working to secure additional permissions for this higher-priority line.

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Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Orthocell Ltd (ASX:OCC, OTC:ORHHF).

The company has achieved a key milestone in the commercialisation of its peripheral nerve repair device, Remplir™, with first sales in Singapore.

This follows regulatory approval granted in October and was achieved ahead of the planned market launch.

The sales were facilitated by the company’s exclusive distribution partner, Device Technologies Asia (DT Asia), which is actively promoting the product, educating medical professionals, and building networks among plastic and orthopaedic surgeons.

Remplir is now available in Singapore, Australia, and New Zealand, receiving endorsements from surgeons for its unique repair capabilities.

Singapore has been identified as a strategic market for its role in advanced medical treatments and as a regulatory gateway to the ASEAN region, which is part of the global nerve repair market valued at over US$3.5 billion.

Orthocell has $33 million in cash reserves and no debt, enabling further expansion into other markets, including the US, Southeast Asia, Canada, and the EU/UK.

The company is on track to submit its US FDA 510(K) application this quarter, aiming for regulatory clearance and commercial distribution shortly thereafter. Additional sales and revenue growth are anticipated in the coming year.

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Lightning Minerals Ltd (ASX:L1M) managing director Alex Biggs talked with Proactive’s Tylah Tully about the company’s milestones in 2024 and its outlook for 2025.

Biggs highlighted the significant progress made across its lithium projects in Minas Gerais' Lithium Valley region of Brazil, including Esperança, Canabrava and Caraíbas.

He described the strategic acquisition of assets in the region, emphasising how the downturn in lithium prices provided an opportunity to secure projects in this highly prospective jurisdiction.

Biggs shared that initial groundwork—including mapping, soil sampling, and target identification—has yielded promising results, setting the stage for substantial drilling campaigns in early 2025.

Biggs noted, “If you look back at our recent announcements, you will see the value of our projects has increased significantly in Brazil. We believe that 2025 is going to be very good for lithium.”

Lightning Minerals has also been building strong relationships in Brazil, including with Invest Minas, the government’s investment arm, to ensure a sustainable and beneficial approach to its operations.

Biggs concluded with optimism about the company’s growth, saying the focus for 2025 is on achieving significant lithium discoveries in Brazil and advancing projects in Australia and Canada.

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Kali Metals Ltd (ASX:KM1) managing director Paul Adams talks with Proactive’s Tylah Tully about the identification of a significant gold in soil anomaly at the Marble Bar Lithium-Gold Project in Western Australia.

Adams details how the anomaly spans approximately five kilometres, with gold grades identified up to four grams per tonne on the surface.

This discovery was made during recent exploration activities that also confirmed the presence of lithium pegmatites at the site.

Adams explained that Kali Metals regained full ownership of the Marble Bar Project following a renegotiation of its joint venture with SQM Australia.

Subsequent mapping and sampling efforts led to the identification of promising gold systems in the southwest portion of the lease.

"The discovery offers an exciting new value creation opportunity for our shareholders," he noted.

While Kali Metals remains committed to its lithium exploration plans, Adams highlighted that the newly discovered gold systems would be a focus moving forward.

The company plans to conduct further mapping and sampling in 2024 to define robust drill targets, with drilling expected to commence in 2025.

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