Tribune releases quarterly report for three months to March

Tribune Resources (ASX: TBR) has provided its quarterly EKJV Exploration Report. The EKJV is located 25km west north west of Kalgoorlie and 47km north east of Coolgardie. The EKJV is between Rand (12.25%), Tribune (36.75%) and Northern Star Resources Ltd (51%). Exploration activity in the March 2019 quarter across the East Kundana Joint Venture consisted of in-mine exploration with underground drilling. Project work was completed on near-mine resource development targets, mostly Drake.

Sundance Resources releases March qtr report

Sundance Resources (ASX: SDL) spent the March quarter progressing its AustSino/noteholder agreement, which now has an end date of June 30. The company also received a $1.1 million investment from sophisticated investors during the reporting period, while it waits on the Cameroon government's decision on the Mbalam Convention reinstatement.

Core Lithium reveals Finniss DFS

Emerging Northern Territory lithium producer Core Lithium (ASX: CXO) has released the Definitive Feasibility Study for its Finniss Lithium Project, located near Darwin in the Northern Territory. The DFS confirms that Core is well positioned to be the next lithium producer in Australia, with a low-risk, open pit mining operation and DMS processing up to 180,000tpa of high-quality lithium concentrate with robust margins.

Finders Resources provides takeover update

Finders Resources (FND: ASX) says that Eastern Field Development has confirmed the exercise of an option to acquire the 87,339,525 Finders shares managed by Taurus Funds Management. As EFDL already had a relevant interest in these shares, the exercise of the option does not increase EFDL’s total ownership in FND from the 97.09% it held at the end of the offer period, which closed on 5 April 2019.

Gruyere on time, budget for first production in June qtr: Gold Road

Gold Road Resources and Gruyere Mining Company Pty Ltd, a member of the Gold Fields Limited group, have provided an update on construction and commissioning progress for the Gruyere Gold Project, which is being developed as a 50:50 Joint Venture approximately 200 kilometres east of Laverton in Western Australia. The company says Gruyere remains on track for first production in the June quarter, with capital costs on budget. About 800,000 tonnes of ore has been mined and stockpiled.

VRX Silica receives strong potential offtake interest

VRX Silica (ASX: VRX) has received strong interest for the purchase of significant tonnages of silica sand products from its two Arrowsmith Silica Sand Projects, located 270km north of Perth, WA, and its Muchea Silica Sand Project, 50km north of Perth. The Company has identified numerous markets in the Asia-Pacific region and met with a number of potential offtake customers for the sale of silica sand products from Arrowsmith and Muchea. The Company will be able to commit to binding offtake agreements following the approval of Mining Permits at its silica sand projects.

NTM Gold reveals solid gold results from Hub North

Goldfields explorer NTM Gold Ltd (ASX: NTM) says it has received exceptional aircore drilling results from Hub prospect within the Redcliffe Project located near Leonora. The Hub drilling is part of a larger campaign testing a number of targets, with the majority of the program testing potential northern extensions to NTM’s 2018 Hub discovery.

Northern Minerals appoints new director to board

Australian heavy rare earths producer Northern Minerals (ASX: NTU) has appointed Congyan Xue to its board as a non-executive director, effective immediately. Mr Xue is a corporate finance executive, with over 15 years’ experience in fundraising, corporate advisory and mergers and acquisitions, predominantly in China. Mr Xue is a Chinese citizen and resides in Beijing.