SmallCaps Podcast

International Graphite (ASX: IG6) chief executive officer and managing director Andrew Worland joins Small Caps to discuss the companies complimentary Springdale graphite mining project at Hopetoun and battery processing facility at Collie.

The company is making strong progress at both projects which are been developed to fulfil growing demand in the global battery metal and electric vehicle markets.

The Springdale project was named Australian Resource Discovery of the year in 2023 following a 240% increase in the mineral resource estimate (MRE) announced in September.

The MRE saw the total Springdale mineral resource estimate grows from 15.3 million tonnes at 6.0% Total Graphitic Carbon (TGC) to 49.3 million tonnes at 6.5% TGC, making it one of the largest graphite deposits.

At Collie, 200km south of Perth, International Graphite recently installed a new graphite micronising plant which will used for testwork on graphite concentrates prepared from drill core from Springdale.

This will assist in qualification of the Springdale graphite material.

Articles:
https://smallcaps.com.au/international-graphite-new-course-groundbreaking-minerals-wa-project/
https://smallcaps.com.au/international-graphite-eyes-progress-dual-development-programs-western-australia/

For more information on International Graphite:
https://smallcaps.com.au/stocks/asx-ig6/

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Imugene (ASX: IMU) chief executive officer and managing director Leslie Chong joins Small Caps to discuss the progress of the company’s phase 1 MAST trial of its novel cancer-killing virus CF33-hNIS – known as VAXINIA.

The oncolytic virus in VAXINIA has been shown to shrink colon, lung, breast, ovarian and pancreatic cancer tumours in preclinical laboratory and animal models. After obtaining promising early results from trials,

Imugene is now increasing its dosage rates for a trial which is combing VAXINIA with pembrolizumab.

Imugene recently reported that 38 patients had been dosed with VAXINIA during the continuing dose escalation phase.

Overall, the study aims to recruit up to 100 patients across approximately 10 trial sites in the United States and Australia.

Articles:
https://smallcaps.com.au/imugene-novel-cancer-treatment-enters-new-phase-mast-trial/
https://smallcaps.com.au/imugene-positive-outcomes-novel-virus-trial-advanced-cancers/

For more information on Imugene:
https://smallcaps.com.au/stocks/asx-imu/

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Mitre Mining (ASX: MMC) executive director Ray Shorrocks joins Small Caps to discuss the company’s recent acquisition of the large Cerro Bayo silver-gold project in Chile.

Supported by a successful capital raising, Mitre is looking to build on Cerro Bayo’s existing JORC inferred resource of 3.82 million tonnes at 206 grams per tonne for 24.7 million ounces silver equivalent.

Mitre’s immediate focus is a program of rapid resource growth at a project which was in production for over 15 years.

Closer to home Mitre has identified lithium and rare earth opportunities at its 100%-owned Hillside project in Western Australia’s Pilbara region.

Mitre is planning to undertake detailed geology field mapping, rock chipping and extension soil sampling with a program to commence immediately in early Q1 2024.

Articles:
https://smallcaps.com.au/mitre-mining-lithium-rare-earths-finds-maiden-soil-program-hillside/
https://smallcaps.com.au/mitre-mining-acquires-transformational-chilean-silver-gold-project/

For more information on Mitre Mining:
https://smallcaps.com.au/stocks/asx-mmc/

See omnystudio.com/listener for privacy information.

CGN Resources (ASX: CGR) managing director Stan Wholley joins Small Caps to discuss the company's up-coming exploration activities in the "hot" West Arunta multi-element play in West Australia.

CGN is preparing for an extensive 2024 exploration program at its flagship Webb project which is surrounded by significant activity at projects operated by companies such as WA1 Resources, the Rio Tinto Group, Encounter Resources and IGO.

The company has recently wrapped up maiden drilling at the project’s Tantor target, with results from core sampling studies to help define exploration targets in 2024.

The 2024 program will include ground gravity and IP surveys at the Tantor, Surus, Snorky, and Horton targets, along with an EM survey at Shep, and a combination of RC and diamond core drilling across the company’s six principal targets.

Contracts for ground geophysical surveys have been awarded, with the survey planned to commence in late February 2024, while the company expects to award geophysical and drilling programs contracts in the coming month.

CGN Resources has already demonstrated the potential for diamondiferous kimberlites at Webb, with earlier work discovering the largest kimberlite field in Australia.

Articles:
https://smallcaps.com.au/cgn-resources-busy-2024-webb-project-first-drill-results/ https://smallcaps.com.au/cgn-resources-completes-maiden-hole-tantor-target/

For more information on CGN Resources:
https://smallcaps.com.au/stocks/asx-cgr/

See omnystudio.com/listener for privacy information.

Locksley Resources (ASX: LKY) exploration manager David Ward joins Small Caps to discuss the company's exploration activities at its prospective Mojave rare earth element project In California.

The company has recently mobilised its exploration team to follow-up highly anomalous total rare earth oxide results previously identified at Mojave.

A field program conducted in August identified multiple rare earth element targets within the North Block of the Mojave project, while a recent stream sediment sampling program at the North Block returned highly anomalous total rare-earth oxide results.

Locksley is also following up with sampling at 6 catchment areas it identified in the North Block as prospective for ongoing rare earth element exploration.

Notably, the North Block abuts the giant Mountain Pass project, the largest rare earth element mine in the US and largest producer of high-grade rare-earth materials in the western hemisphere.

Mountain Pass is currently delivering approximately 15% of global rare earth supply.

Articles:
https://smallcaps.com.au/locksley-resources-continues-high-grade-rare-earths-mojave-project-north-block/
https://smallcaps.com.au/locksley-resources-california-next-big-rare-earth-story/

For more information on Locksley Resources:
https://smallcaps.com.au/stocks/asx-lky/

See omnystudio.com/listener for privacy information.

Barton Gold (ASX: BGD) managing director Alexander Scanlon joins Small Caps to discuss the company’s recent exploration success at its historic Tunkillia and Tarcoola gold projects in South Australia.

The company’s exploration activities at Tunkillia have led to a significant 20% increase in the gold project JORC Mineral Resource Estimate (MRE) to 1.38 million ounces.

That followed a 15,200m drilling campaign which has added around 224,000 ounces of gold at the main 223 Deposit and the 223 North satellite gold zone for an estimated ‘all in’ cost of around $16 per new ounce.

The total Tunkillia mineral resources now stands at 1.38 million ounces of gold contained within an ore body of 46.3 million tonnes at 0.93 grams per tonne gold.

This is the second time that Barton has grown the Tunkillia project’s JORC resources during 2023.

Barton has also identified significant upside at its Tarcoola project through a recently completed drilling program in the mine's open pit area.

That program concluded the company's aggressive campaign of field operations for 2023, with 2024 drilling anticipated to start in March.

Articles:
https://smallcaps.com.au/barton-gold-adds-20-percent-tunkillia-project-three-new-zones/
https://smallcaps.com.au/barton-gold-busy-new-drilling-campaign-tarcoola-perseverance-open-pit/
https://smallcaps.com.au/tunkillia-poised-growth-barton-gold-wraps-up-drilling-program/

For more information on Barton Gold:
https://smallcaps.com.au/stocks/asx-bgd/

See omnystudio.com/listener for privacy information.

Blackstone Minerals (ASX: BSX) managing director Scott Williamson joins Small Caps to discuss the strategy behind the company’s move to acquire a major Canadian nickel mining opportunity.

Under an option agreement with CaNickel Mining, Blackstone has agreed to make a cash payment of $1.3 million and to exercise an option to acquire 100% of the Wabowden project by making up to four staged payments.

Not only will the Wabowden nickel project in Manitoba provide a significant new mining venture, it will also provide Blackstone with a potential supplier of nickel to its refinery in Vietnam.

With a resource of 1.3 million tonnes of contained nickel, Wabowden, considered one of the most advanced nickel sulphide projects in North America, would substantially increase Blackstone’s global mineral resource as well as potentially providing the feed required for the Ta Khoa refinery, removing the company’s dependency on sourcing third-party feedstock.

Wabowden also ticks all the boxes when it comes to Blackstone’s “green” nickel ideals.

Article:
https://smallcaps.com.au/blackstone-minerals-continues-global-expansion-canadian-nickel-acquisition/

For more information on Blackstone Minerals:
https://smallcaps.com.au/stocks/asx-bsx/

See omnystudio.com/listener for privacy information.

Surefire Resources (ASX: SRN) managing director Paul Burton joins Small Caps to discuss the robust results reported in a pre-feasibility study for its Victory Bore vanadium project in Western Australia.

Company representatives will travel to the Saudi Arabian capital of Riyadh next month to continue discussions for potential processing opportunities in that country.

Surefire has already signed a non-binding Memorandum of Understanding (MoU) with the Ministry of Investment Saudi Arabia (MISA) for vanadium and critical mineral processing in the Kingdom of Saudi Arabia (KSA).

The Victory Bore study has confirmed a viable project producing approximately 1.25 million tonnes per annum of high-quality vanadium-titanium magnetite concentrate at the Victory Bore mine.

The project will also produce up to six products from that concentrate in the Kingdom of Saudi Arabia, including 2,580 tonnes per annum of high purity vanadium and 5,760 tonnes per annum of ferrovanadium.

The KSA has a significant steel sector with demand for vanadium products, including ferrovanadium and vanadium electrolyte for vanadium redox batteries.

Article:
https://smallcaps.com.au/surefire-resources-new-saudi-offtake-discussions-robust-victory-bore-report/

For more information on Surefire Resources:
https://smallcaps.com.au/stocks/asx-srn/

See omnystudio.com/listener for privacy information.

Wide Open Agriculture’s (ASX: WOA) chief executive officer Jay Albany joins Small Caps to discuss the company's milestone agreement to distribute its unique product in Europe.

Under a non-binding term-sheet agreement, Ingå Group will become the exclusive distributor of Wide Open Agriculture’s portfolio of lupin-based proteins in Europe.

Ingå is a subsidiary of leading Swedish family owned business Axel Johnson, which specialises in collaborating with partners in areas such as food, energy, health and industry.

Wide Open is looking to leverage Ingå's expansive network and expertise to bring its Buntine Protein to new markets.

Ingå has also agreed to invest $825,000 in Wide Open Agriculture Germany GmbH to support the company's capability expansion in Europe.

Wide Open sees the proposed investment as a significant vote of confidence in the company and its strategy for continued growth across the plant-based sector.

Articles:
https://smallcaps.com.au/wide-open-agriculture-european-distribution-deal-lupin-based-proteins/
https://smallcaps.com.au/wide-open-agriculture-raises-funds-worlds-largest-lupin-protein-producer/

For more information on Wide Open Agriculture:
https://smallcaps.com.au/stocks/asx-woa/

See omnystudio.com/listener for privacy information.

Boss Energy (ASX: BOE) managing director Duncan Craib joins Small Caps to discuss the company's significant developments at the Honeymoon uranium project in South Australia.

The company this week has passed another key milestone in the development of the project with start-up wells yielding production-grade uranium.

That development confirmed Boss is on track to fill the Pregnant Leach Solution (PLS) processing ponds at Honeymoon by the end of this calendar year.

The Honeymoon development goal is to fill the PLS pond in preparation for commissioning the IX circuit in January with the first drum of uranium on track to be produced as planned in Q1 2024.

Importantly the supporting infrastructure is operating to design specifications, including the raw water system, the 25,000 ton gypsum repository, reagent handling systems and first fills of key reagents.

All critical path items remain on track for delivery in line with the project schedule, with more than 279 procurement packages issued.

The looming Honeymoon start-up comes at a time when the uranium price recently hitting a 15-year high and the debate to include nuclear in the Australian energy mix is becoming increasingly positive.

Articles:
https://smallcaps.com.au/boss-energy-captures-trace-uranium-start-up-wells-honeymoon-project/
https://smallcaps.com.au/boss-energy-drills-satellite-deposits-increase-resource-base-honeymoon-uranium-project/
https://smallcaps.com.au/boss-energy-kicks-off-mining-activities-honeymoon-uranium-project/

For more information on Boss Energy:
https://smallcaps.com.au/stocks/asx-boe/

See omnystudio.com/listener for privacy information.