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Doray hits high-grade gold, copper at Deflector

Doray Minerals (ASX: DRM) has announced results from recent surface reverse circulation (RC) drilling focused on testing several near-mine exploration targets at its Deflector Gold Copper Mine, which have reaffirmed the untapped potential of the operation. The results continue to show the high-grade prospectivity of Deflector and the potential for additional discoveries.

Cardinal wins prestigious Thayer Lindsley award at PDAC

Cardinal Resources (ASX/TSX: CDV) has been named as the winner of the 2019 Thayer Lindsley Award by the Prospectors and Developers Association of Canada (PDAC). The award recognises those credited with a recent significant mineral discovery regardless of geographical location. For Cardinal, it was recognition for its Namdini gold deposit in Ghana.

Warrawanda shows potential for high purity quartz: VRX

Aspiring silica sands miner VRX Silica (ASX :VRX) says the results of rock chip samples from its Warradanda project near Newman have showed the potential to produce a high purity quartz product. High purity quartz is a special category of silica sand used in high added value products, including optical fibres, LED lights and high-tech glass.

Core flags further resources find at Finniss

Emerging Australian lithium producer Core Lithium (ASX: CXO) says follow-up exploration drill results from the Lees-Booths Link and Hang Gong prospects show significant potential to define further substantial lithium resources at the Finniss lithium project in the NT. An expanded Mineral Resource estimate for the Carlton deposit is also expected next week.

Australian Mines taps investors for $5m

Advanced battery metals developer Australian Mines has attracted $5 million from sophisticated and institutional investors, via the placement of 172.4 million shares at 2.9 cents each. The funds raised will be used for optimisation of the Sconi project bankable feasibility study and a resource expansion drilling program at the Flemington project.