Proactive - Interviews for investors

Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Strickland Metals Ltd (ASX: STK).

The company has started Phase Two metallurgical test-work on a bulk sample from the Shanac Deposit, part of its Rogozna Gold and Base Metals Project in Serbia.

This follows a successful 2021 phase, which achieved recoveries of 85.9% for gold and 81% for copper via flotation processes.

The current phase aims to optimise metal recoveries and finalise the flowsheet for Shanac’s estimated 4.6-million-ounce gold equivalent deposit.

The 400 kilogramg sample will be tested in Perth, with results expected by mid-2025. These findings will inform a scoping study planned for late 2025, supporting Rogozna’s development.

Drilling continues across the Rogozna Project, with four rigs in operation. Anticipated assay results include high-grade intercepts reported in October, such as 43.4 metres at 4.6 g/t gold equivalent from 357 metres and 50 metres at 5.6 g/t from 271.5 metres.

The company highlights that despite challenges often faced with polymetallic deposits, prior test-work demonstrated effective recovery, supported by the region’s history of successful flotation processing techniques.

Strickland expects to provide further updates as additional results are confirmed.

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Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Olympio Metals Ltd (ASX:OLY, OTC:COPGF).

The company has signed a three-month option agreement with Orminex West, a subsidiary of Labyrinth Resources, to divest its non-core Mulwarrie Gold Project. This agreement enables a potential total payment of A$1.375 million. The terms include an initial cash payment of A$50,000, with an additional A$100,000 due if the option is exercised, along with A$225,000 in Labyrinth shares. A final payment of A$1 million will apply if Labyrinth defines a JORC-compliant gold resource exceeding 250,000 ounces at a minimum grade of 1.40 grams per tonne.

Olympio states that this transaction will allow it to concentrate on core assets while keeping potential returns linked to Mulwarrie's exploration. Labyrinth aims to consolidate its land in the Menzies area, focusing on expanding gold exploration.

Aside from Mulwarrie, Olympio continues its exploration projects, which include rare earths in South Australia, lithium near Kalgoorlie and gold in the eastern Kimberley in Australia, as well as the Cadillac Lithium Project in Quebec, Canada.

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Elixir Energy Ltd (ASX:EXR, OTC:ELXPF) managing director Neil Young joins Proactive’s Tylah Tully to discuss increasing the company’s resource in Queensland’s Taroom Trough through a new Prospective Resource estimate of 712 billion cubic feet (2U) in Sub-Block B of its wholly-owned ATP 2077 licence.

This estimate was derived from recent internal technical analysis and signifies further growth in Elixir’s resource portfolio in the region.

Sub-Block B joins Sub-Block A, where a previously announced Contingent Resource of 173 billion cubic feet was booked.

Sub-Block C, positioned outside the Taroom Trough and adjacent to existing gas infrastructure, presents opportunities for conventional oil or gas drilling.

Young highlighted Elixir’s expanding ownership of gas resources, noting that additional Contingent Resource updates for ATP 2044 are anticipated by year-end.

Sub-Block B’s Prospective Resource assessment assumes Basin Centered Gas play continuity, similar to ATP 2044.

Elixir’s technical evaluations encompassed seismic and geological data, including petrophysical and gas analysis.

Elixir is pursuing a farmout in Sub-Block C, seeking partnership support for exploratory drilling.

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Argentina Lithium Vice President of Exploration Miles Rideout joined Steve Darling from Proactive to announce a significant milestone for the company. Argentina Lithium has received the exploration permit for its Paso de Sico mining concession, part of the larger Rincon West Project in Salta Province, Argentina. Located adjacent to Rio Tinto's Rincon Project, the Paso de Sico concession has now been greenlit by the provincial Secretariat of Mines and Energy for extensive exploration, including diamond and rotary drilling.

The company is preparing to mobilize a diamond drill to begin a six-hole exploration program aimed at evaluating lithium brine potential within the concession. Rideout shared that the program will involve approximately 8,000 meters of drilling across the Rincon West Project over the next 18 months, with plans to complete brine resource assessments, water resource studies, and related drilling. This initiative is supported by a prepaid drilling contract established in 2023, which provides funding for up to 15,500 meters of drilling.

The Paso de Sico concession is a contiguous assembly of four mining concessions, covering a total of 791.3 hectares on the northern edge of the Salar de Rincon. Situated 50 kilometers northwest of Olacapato village, the property benefits from an operational base nearby, enabling streamlined logistics and efficient exploration activities. This development marks a pivotal step for Argentina Lithium as it seeks to further expand its footprint in the lithium-rich Salta Province.

#proactiveinvestors #argentinalithium&energycorp #tsxv #lit #otcqx #lilif #PasoDeSicoProject #LithiumExploration #MilesRideout #MiningPermits #ResourceExploration #Geophysics #Lithium#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Lisata Therapeutics Executive Vice President and Chief Medical Officer Dr. Kristen Buck joined Steve Darling from Proactive to announce a new research agreement with the University of Cincinnati to explore Lisata’s novel cyclic peptide, certepetide, combined with bevacizumab, for treating endometriosis. Bevacizumab has shown effectiveness against endometriosis, yet its high dosages lead to systemic side effects, limiting its suitability for young, otherwise healthy women.

Under this agreement, the University of Cincinnati will conduct the research while Lisata provides funding and supplies of certepetide. Lisata hopes this combination will offer a targeted, effective solution for endometriosis—a painful condition affecting 6.5 million U.S. women, often leading to severe pain, infertility, and other health complications.

#proactiveinvestors #lisatatherapeuitcsinc #nasdaq #lsta #endometriosis #certepetide

#Certepetide #EndometriosisTreatment #UniversityofCincinnati #WomensHealth #MedicalResearch #Biotechnology #Integrins #Neuropilin #ProactiveInterview

#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Standard Uranium CEO Jon Bey joined Steve Darling from Proactive to recap the company’s productive year and outline its plans to drive uranium exploration forward in the Athabasca Basin, northern Saskatchewan. Throughout 2024, Standard Uranium secured four definitive option agreements on its 100%-owned projects—Sun Dog, Atlantic, Canary, and Brown Lake—bringing in exploration funding and non-dilutive cash flow.

The company achieved significant milestones, including successful drill programs at Sun Dog, Atlantic, and Canary. These partner-funded campaigns returned promising signs of uranium mineralization and favorable geology, reinforcing the potential of each project as Standard Uranium advances them toward discovery.

Looking ahead to 2025, Standard Uranium is set for an even busier year, with a particular focus on its flagship Davidson River project located in the southwest Athabasca Basin. The upcoming program will build on positive 2022 results, aiming to test high-priority targets in the newly staked southeast claim blocks.

Drilling efforts will concentrate on the most prospective basement structures and alteration zones discovered so far, and the company also plans to explore new high-potential target areas neighboring the JR Zone discovery. This multi-faceted strategy underscores Standard Uranium’s commitment to realizing the Basin’s resource potential through rigorous exploration and discovery efforts.

#proactiveinvestors #standarduraniumltd #tsxv #stnd #otcqb #sttdf #mining #uranium #sundogproject #UraniumExploration #AthabascaBasin #MambaExploration #DrillingSuccess #MineralExploration #HydrothermalAlteration #Radioactivity #Geophysics #ExplorationNews #MiningUpdates #UraniumDeposits

#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Oncimmune Holdings CEO Martin Gouldstone joined Steve Darling from Proactive to provide an encouraging trading update on the company’s recent commercial progress. Over the last quarter, Oncimmune has continued its positive momentum, signing three new contracts valued at £0.34 million. These add to an impressive streak, bringing the total to eight contracts worth £2.14 million secured in just three months.

Two of the latest agreements mark a significant expansion, as they involve new work areas for an existing top 10 global pharmaceutical client, highlighting Oncimmune's growing versatility and value to major industry players. The third contract leverages Oncimmune’s expertise in profiling Immunoglobulin type E (IgE) autoantibodies, further solidifying its relationship with another top-tier pharmaceutical partner.

Though these contracts do not prompt an increase in the FY2025 revenue outlook, they strengthen Oncimmune’s position to meet market expectations. The company now has visibility of over 40% of its FY2025 revenue target of £6.9 million, supported by a robust, high-confidence pipeline. This ongoing success underscores Oncimmune’s expanding commercial traction and its position as a trusted partner to leading pharmaceutical companies worldwide.

#proactiveinvestors #oncimmuneholdingsplc #aim #onc.l #AutoantibodyProfiling #PharmaContracts #BiotechNews #IgEInnovation #Immunology #AutoimmuneDisease #CancerResearch #PharmaIndustry #ProactiveInvestors #MedicalResearch #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Ora Gold Ltd (ASX: OAU) CEO Alex Passmore joins Proactive’s Tylah Tully to discuss assay results the company has received from a 7,500-metre, 66-hole reverse circulation (RC) infill drilling program at the Crown Prince Project, part of its Garden Gully tenure.

This work aims to refine the mineralised lodes within the South Eastern Zone (SEZ), targeting a future open pit operation. The drilling has yielded high-grade intercepts, with notable results including 20 metres at 277 g/t gold from 40 metres, including 4 metres at 1,368 g/t from 52 metres; 15 metres at 14.7 g/t from 152 metres; 9 metres at 21.44 g/t from 28 metres, including 2 metres at 77.8 g/t from 31 metres; and 7 metres at 11.74 g/t from 132 metres.

The infill program has confirmed and improved mineralisation models and identified new high-grade zones in the SEZ footwall and hanging wall. It has also enhanced gold grade estimates, potentially adding to the resource and supporting future mining inventory.

Passmore highlighted the significant grades, which support Crown Prince’s strong economics as Ora aims for production commencement by mid-2025.

The company anticipates a resource update in the coming weeks, followed by an ore reserve estimate later in the year. Ora is also finalising an ore purchase agreement with Westgold Resources Ltd as development progresses.

#ProactiveInvestors #OraGold #ASX #GoldMining, #HighGradeGold, #MiningExploration, #CrownPrinceProject, #GoldResource, #InfillDrilling, #Mineralisation, #GoldAssays, #MiningNews, #GardenGully, #GoldGrades, #OpenPitMining, #GoldExploration, #ResourceUpdate, #OreReserve, #GoldDeposit, #SEZMineralisation, #Westgold

Astral Resources (ASX:AAR) managing director Marc Ducle joins Proactive’s Tylah Tully to discuss the increase in the company’s Feysville Gold Project's mineral resource estimate (MRE), now reported at 5 million tonnes grading 1.2 grams per tonne (g/t) for 196,000 ounces of gold.

Combined with the Mandilla MRE, this brings Astral’s total gold resource to 1.46 million ounces, spanning 42 million tonnes at 1.1 g/t.

The Feysville MRE incorporates deposits at Kamperman and Rogan Josh, as well as an updated estimate for Think Big, using a conservative gold price of A$2,500 per ounce and a cut-off grade of 0.39 g/t.

Recent assays from a 31-hole drilling program at Kamperman were excluded from the current MRE, leaving potential for further resource expansion.

Ducler highlighted several potential open-pit opportunities within Feysville that may enhance the Mandilla Project, which forms the company’s central development focus.

With resource estimates constrained within a conservative gold price pit shell, Astral aims to refine its assumptions following the Mandilla pre-feasibility study (PFS) in 2025.

Ducler also noted significant growth prospects from the Kamperman deposit, where an outstanding drill intercept may indicate further resource expansion potential. Revised MREs for Feysville and Mandilla are expected in early 2025.

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Lightning Minerals Ltd (ASX:L1M) CEO Alex Biggs joins Proactive’s Tylah Tully to discuss the three-year, non-binding Memorandum of Understanding (MoU), the company has signed with Invest Minas, a government-backed entity in Minas Gerais, Brazil.

The MoU aims to accelerate the development of lithium projects in the region, known as “Lithium Valley.”

This agreement aims to establish Minas Gerais as a major contributor to the global green energy market by promoting lithium and battery materials production to support the energy transition.

It was signed by Biggs, Invest Minas CEO João Paulo Braga, and Secretary of State for Economic Development Fernando Passalio, and outlines a partnership focused on regulatory support, local supply chain enhancement, and employment generation.

Invest Minas will assist with licensing and environmental approvals for Lightning’s Caraíbas, Sidrônio and Esperança projects, streamlining the exploration and development phases.

The agreement aligns with Minas Gerais’ Lithium Valley initiative, intended to foster economic growth and sustainability within the battery materials sector.

Lightning Minerals has already initiated exploration efforts, including soil sampling and geophysical surveys.

Biggs emphasised the importance of Brazil as a strategic location for lithium development, citing government support and regional lithium potential as key factors.

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