Kingsland Minerals (ASX:KNG) has completed an oversubscribed Share Purchase Plan, raising $543,000 to advance its flagship Leliyn Graphite Project in the Northern Territory.
DevEx Resources (ASX:DEV) has defined kilometre-scale uranium anomalies at its Murphy West Project in the Northern Territory, strengthening its case for large-scale exploration in the McArthur Basin.
Richard Maddocks says Kingsland’s first purification tests at the Leliyn Project delivering 99.97% battery-grade graphite mark a pivotal step toward supplying the global anode market.
Todd Ross says DevEx Resources is chasing the next high-grade uranium discovery as fieldwork kicks off across key Northern Territory targets.
iTech Minerals Managing Director Mike Schwarz says the discovery of a large, untested EM conductor beneath high-grade surface mineralisation at the Reward Prospect is exactly the kind of opportunity that has his exploration team excited as they prepare for drilling later this year.
Kingsland Minerals Managing Director Richard Maddocks says recent drilling and metallurgical test work at the Leliyn Graphite Project could unlock valuable by-product streams of rutile and gallium alongside the company’s core graphite development.
Kingsland Minerals has delivered a high-grade Indicated Resource at Leliyn with near-perfect conversion from Inferred, setting the stage for a tightly focused graphite production strategy in the Northern Territory.
DevEx Resources is accelerating its exploration efforts at Murphy West, building on promising high-grade uranium discoveries at Nabarlek, with recent assays showcasing the potential for significant mineralisation linked to hematite-altered fault breccias.
DevEx Resources is rapidly distinguishing itself in Australia’s uranium sector, with exceptional high-grade results from the Nabarlek Uranium Project positioning it as a key player in the global push for clean energy.
The market rewards a high-grade rare earth grab in Australia’s top end and plans to perforate it with the drill bit.