๐ฅ๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ ๐ ๐ถ๐ป๐ฒ๐ฟ๐ฎ๐น๐ ๐๐ป๐๐ฒ๐ฟ๐ป๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น (๐๐ฆ๐ซ: ๐ฅ๐ ๐) | ๐๐ถ๐ด๐ต-๐๐ฟ๐ฎ๐ฑ๐ฒ ๐๐ผ๐น๐ฑ & ๐ฆ๐ถ๐น๐๐ฒ๐ฟ ๐ฅ๐ฒ๐๐๐น๐๐ ๐๐
๐ฝ๐ฎ๐ป๐ฑ ๐ช๐ฎ๐ฑ๐ถ ๐ฆ๐ฎ๐น๐ฎ๐บ๐ฎ๐ต ๐ฃ๐ผ๐๐ฒ๐ป๐๐ถ๐ฎ๐น
Pleased to share further encouraging exploration results from our ๐ช๐ฎ๐ฑ๐ถ ๐ฆ๐ฎ๐น๐ฎ๐บ๐ฎ๐ต ๐๐ผ๐น๐ฑ ๐ฃ๐ฟ๐ผ๐ท๐ฒ๐ฐ๐ ๐ถ๐ป ๐ฆ๐ฎ๐๐ฑ๐ถ ๐๐ฟ๐ฎ๐ฏ๐ถ๐ฎ, where recent sampling has confirmed high-grade gold and silver mineralisation and identified additional targets with potential for a larger mineralised system.
๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐:
โข ๐๐ถ๐ด๐ต-๐ด๐ฟ๐ฎ๐ฑ๐ฒ ๐ด๐ผ๐น๐ฑ ๐ฎ๐ป๐ฑ ๐๐ถ๐น๐๐ฒ๐ฟ: Rock chip assays returned up to ๐ณ.๐ต๐ฏ ๐ด/๐ ๐ด๐ผ๐น๐ฑ ๐ฎ๐ป๐ฑ ๐ฒ๐ฐ.๐ฎ ๐ด/๐ ๐๐ถ๐น๐๐ฒ๐ฟ, with 13 samples returning gold grades of 1 g/t or higher.
โข ๐๐
๐ฝ๐ฎ๐ป๐ฑ๐ถ๐ป๐ด ๐ด๐ผ๐น๐ฑ ๐ณ๐ผ๐ผ๐๐ฝ๐ฟ๐ถ๐ป๐: Two zones of gold-silver-bearing quartz veins identified with a combined strike length exceeding ๐ญ.๐ฐ ๐ธ๐บ.
โข ๐๐ผ๐ฝ๐ฝ๐ฒ๐ฟ-๐บ๐ผ๐น๐๐ฏ๐ฑ๐ฒ๐ป๐๐บ ๐ฝ๐ผ๐๐ฒ๐ป๐๐ถ๐ฎ๐น: A ๐ญ.๐ด ๐ธ๐บ ร ๐ญ.๐ฎ ๐ธ๐บ geochemical anomaly at Target C displays characteristics associated with porphyry and skarn mineral systems.
โข ๐ ๐๐น๐๐ถ๐ฝ๐น๐ฒ ๐ฒ๐
๐ฝ๐น๐ผ๐ฟ๐ฎ๐๐ถ๐ผ๐ป ๐๐ฎ๐ฟ๐ด๐ฒ๐๐: Results from 1,621 soil samples and 90 rock chip samples complement our earlier 1,010 line-km ground magnetic survey.
โข ๐ก๐ฒ๐
๐ ๐บ๐ถ๐น๐ฒ๐๐๐ผ๐ป๐ฒ: Planning is underway for an ๐ฅ๐ ๐ฑ๐ฟ๐ถ๐น๐น๐ถ๐ป๐ด ๐ฝ๐ฟ๐ผ๐ด๐ฟ๐ฎ๐บ ๐ฎ๐ ๐ง๐ฎ๐ฟ๐ด๐ฒ๐ ๐, targeted to commence in Q4 2026, alongside further exploration of Targets B and C.
๐๐
๐ฒ๐ฐ๐๐๐ถ๐๐ฒ ๐๐ต๐ฎ๐ถ๐ฟ๐บ๐ฎ๐ป, ๐๐๐ถ๐บ๐๐ฒ ๐๐ฎ๐ฏ๐๐ป๐ด๐ฎ, ๐ฐ๐ผ๐บ๐บ๐ฒ๐ป๐๐ฒ๐ฑ:
โThe new sampling delivers two positive outcomes. Firstly, at Wadi Salamah South, it confirms the high-grade gold and silver we first reported last year, and further south it shows that mineralised veins extend well beyond the area we originally sampled.
Secondly, the soil program gives us a district-scale geochemical dataset that, together with the magnetic survey data, will help refine drill targets with a program now being finalised.โ
๐ข๐๐ฟ ๐ณ๐ผ๐ฐ๐๐ ๐ป๐ผ๐ ๐ถ๐ ๐๐ผ ๐ฝ๐ฟ๐ผ๐ด๐ฟ๐ฒ๐๐ ๐ณ๐ฟ๐ผ๐บ ๐๐๐ฟ๐ณ๐ฎ๐ฐ๐ฒ ๐ฒ๐
๐ฝ๐น๐ผ๐ฟ๐ฎ๐๐ถ๐ผ๐ป ๐๐ผ๐๐ฎ๐ฟ๐ฑ๐ ๐ฑ๐ฟ๐ถ๐น๐น๐ถ๐ป๐ด, while continuing to evaluate the wider gold and copper opportunities across the project.
I look forward to sharing further updates as our exploration programs advance.
๐๐ฆ๐ซ ๐ฎ๐ป๐ป๐ผ๐๐ป๐ฐ๐ฒ๐บ๐ฒ๐ป๐ ๐ฎ๐๐๐ฎ๐ฐ๐ต๐ฒ๐ฑ.
โฆ
@ResMin_RMI $RMI.ax
@asxvolt $VRC.ax
@ASXLindian LIN.ax
@ErityLtd
๐ฉ๐ผ๐น๐ ๐๐ฑ๐๐ฎ๐ป๐ฐ๐ฒ๐ ๐๐น๐ฎ๐ฏ๐ฎ๐บ๐ฎ ๐๐ป๐ด๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐ ๐ผ๐ป ๐๐ผ๐ฐ๐ฎ๐น ๐๐ป๐ฐ๐ฒ๐ป๐๐ถ๐๐ฒ๐ ๐ฎ๐ป๐ฑ ๐๐ฒ๐๐ฒ๐น๐ผ๐ฝ๐บ๐ฒ๐ป๐ ๐ฆ๐๐ฝ๐ฝ๐ผ๐ฟ๐
I am pleased to share that ๐ฉ๐ผ๐น๐ ๐ฅ๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ๐ ๐๐ถ๐บ๐ถ๐๐ฒ๐ฑ (ASX:VRC) is progressing local engagement to support our planned US high purity graphite activities.
Our CEO, Dr Prashant Chintawar, met with Devron A. Veasley, Director of the Bessemer Industrial Development Board, which supports business investment and industrial development near Birmingham, Alabama.
๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐
โข ๐๐ผ๐ฐ๐ฎ๐น ๐ฆ๐๐ฝ๐ฝ๐ผ๐ฟ๐. Discussions covered potential financial incentives, permitting assistance and development requirements.
โข ๐จ๐ฆ ๐ฃ๐ฟ๐ผ๐ด๐ฟ๐ฒ๐๐. Engagement follows our US$5.4 million Government funding award and A$1.5 million placement commitments.
โข ๐ก๐ฒ๐
๐ ๐ฆ๐๐ฒ๐ฝ๐. Finalise the DFS and progress technical, commercial and local development work in Alabama.
๐๐ช๐ด๐ค๐ถ๐ด๐ด๐ช๐ฐ๐ฏ๐ด ๐ณ๐ฆ๐ฎ๐ข๐ช๐ฏ ๐ฑ๐ณ๐ฆ๐ญ๐ช๐ฎ๐ช๐ฏ๐ข๐ณ๐บ. ๐๐ฏ๐บ ๐ช๐ฏ๐ค๐ฆ๐ฏ๐ต๐ช๐ท๐ฆ๐ด ๐ณ๐ฆ๐ฎ๐ข๐ช๐ฏ ๐ด๐ถ๐ฃ๐ซ๐ฆ๐ค๐ต ๐ต๐ฐ ๐ข๐ฑ๐ฑ๐ณ๐ฐ๐ท๐ข๐ญ๐ด ๐ข๐ฏ๐ฅ ๐ข๐ณ๐ฆ ๐ฏ๐ฐ๐ต ๐จ๐ถ๐ข๐ณ๐ข๐ฏ๐ต๐ฆ๐ฆ๐ฅ.
๐๐๐น๐น ๐๐ฆ๐ซ ๐ฅ๐ฒ๐น๐ฒ๐ฎ๐๐ฒ. Attached.
Volt Resources Limited ASX:VRC
@asxvolt $VRC.ax
Resource Minerals International Ltd ASX:RMI
@ResMin_RMI $RMI.ax
Lindian Resources Limited ASX:LIN
@ASXLindian $LIN.ax
@ErityLtd
๐ฉ๐ผ๐น๐ ๐ฆ๐ฒ๐ฐ๐๐ฟ๐ฒ๐ $๐ญ.๐ฑ๐ ๐ฃ๐น๐ฎ๐ฐ๐ฒ๐บ๐ฒ๐ป๐ ๐๐ผ ๐๐ฑ๐๐ฎ๐ป๐ฐ๐ฒ ๐จ๐ฆ ๐๐ถ๐ด๐ต ๐ฃ๐๐ฟ๐ถ๐๐ ๐๐ฟ๐ฎ๐ฝ๐ต๐ถ๐๐ฒ ๐ฅ๐ฒ๐ณ๐ถ๐ป๐ฒ๐ฟ๐ ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐
I am pleased to share that Volt Resources Limited (ASX:VRC) @asxvolt $VRC.ax has received firm commitments to raise $1.5 million through a placement supported by existing shareholders, new professional and sophisticated investors and the Volt Board.
This funding takes Volt into an important new phase: completing the Definitive Feasibility Study for our High Purity Graphite Refinery in Alabama, USA, and advancing our processing technology towards key milestones.
๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐:
โข ๐๐ผ๐ฎ๐ฟ๐ฑ ๐๐น๐ถ๐ด๐ป๐บ๐ฒ๐ป๐: $745K participation from Directors, including my $700K commitment (subject to shareholder approval)
โข ๐๐น๐ฎ๐ฏ๐ฎ๐บ๐ฎ ๐๐๐ฆ: Funds completion of the Definitive Feasibility Study and offtake negotiations for the HPG Refinery, targeted for Q4 2026
โข ๐จ๐ฆ ๐๐ผ๐๐ฒ๐ฟ๐ป๐บ๐ฒ๐ป๐ ๐ฆ๐๐ฝ๐ฝ๐ผ๐ฟ๐: Combined with the previously announced non-dilutive US Department of War grant, funds development activities for the refinery
โข ๐ฃ๐ถ๐น๐ผ๐ ๐ฃ๐น๐ฎ๐ป๐: Advancement of the ultra-high purity graphite (UHPG) product
โข ๐๐ฎ๐น๐ฎ๐ป๐ฐ๐ฒ ๐ฆ๐ต๐ฒ๐ฒ๐: Debt reduction and continued production at the Zavalievsky Graphite operations
๐๐๐ถ๐บ๐๐ฒ ๐๐ฎ๐ฏ๐๐ป๐ด๐ฎ, ๐๐
๐ฒ๐ฐ๐๐๐ถ๐๐ฒ ๐๐ต๐ฎ๐ถ๐ฟ๐บ๐ฎ๐ป:
"My personal investment reflects my confidence in Volt's strategy and our focus on developing a high purity graphite business in the United States. With the recently announced US Government grant supporting our Alabama project, our priority is to complete the feasibility study, advance our processing technology and deliver on key milestones."
๐ช๐ต๐ฎ๐'๐ ๐ก๐ฒ๐
๐?
โข Complete the Alabama HPG Refinery DFS in Q4 2026
โข Advance offtake negotiations and the UHPG pilot plant
โข Deliver on the US Department of War grant milestones
Our strategy is defined.
Our funding is in place.
We are now in execution mode.
Erity Corporate acted as Lead Manager to the Placement.
๐๐๐น๐น ๐๐ฆ๐ซ ๐ฅ๐ฒ๐น๐ฒ๐ฎ๐๐ฒ: attached
Volt Resources Limited ASX:VRC
@asxvolt $VRC.ax
Resource Minerals International Ltd ASX:RMI
@ResMin_RMI $RMI.ax
Lindian Resources Limited ASax:LIN
@ASXLindian $LIN.ax
@ErityLtd
๐ฉ๐ผ๐น๐ ๐ฅ๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ๐ ๐๐ถ๐บ๐ถ๐๐ฒ๐ฑ (๐๐ฆ๐ซ: ๐ฉ๐ฅ๐) ๐ต๐ฎ๐ ๐ท๐๐๐ ๐ฏ๐ฒ๐ฒ๐ป ๐ฏ๐ฎ๐ฐ๐ธ๐ฒ๐ฑ ๐ฏ๐ ๐๐ต๐ฒ ๐จ๐ฆ ๐๐ผ๐๐ฒ๐ฟ๐ป๐บ๐ฒ๐ป๐ ๐๐ถ๐๐ต ๐จ๐ฆ$๐ฑ.๐ฐ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป. ๐ญ๐ฒ๐ฟ๐ผ ๐ฑ๐ถ๐น๐๐๐ถ๐ผ๐ป. ๐ญ๐ฒ๐ฟ๐ผ ๐ฑ๐ฒ๐ฏ๐.
Our US subsidiary, Volt Energy Materials LLC, has been awarded US$5.4M (A$7.7M) in non-dilutive funding from the US Department of War to advance domestic production of high-purity graphite.
๐ช๐ต๐ฎ๐ ๐๐ต๐ถ๐ ๐บ๐ฒ๐ฎ๐ป๐:
โข 0% Volt cost share, fully funded by the US Government
โข No corporate co-funding, no debt repayment and no shareholder dilution
โข Directly accelerates our US graphite refinery and R&D Center
America needs a secure domestic graphite supply chain. Volt is building it, now with the backing of the US Government.
๐๐ ๐๐
๐ฒ๐ฐ๐๐๐ถ๐๐ฒ ๐๐ต๐ฎ๐ถ๐ฟ, ๐ ๐๐ฒ๐ฒ ๐๐ต๐ถ๐ ๐ฎ๐ ๐ฎ ๐๐ถ๐ด๐ป๐ถ๐ณ๐ถ๐ฐ๐ฎ๐ป๐ ๐บ๐ถ๐น๐ฒ๐๐๐ผ๐ป๐ฒ ๐ณ๐ผ๐ฟ ๐ฉ๐ผ๐น๐, ๐ฎ๐ฐ๐ฐ๐ฒ๐น๐ฒ๐ฟ๐ฎ๐๐ถ๐ป๐ด ๐ผ๐๐ฟ ๐จ๐ฆ ๐ด๐ฟ๐ผ๐๐๐ต ๐๐ต๐ถ๐น๐ฒ ๐ฝ๐ฟ๐ฒ๐๐ฒ๐ฟ๐๐ถ๐ป๐ด ๐๐ต๐ฎ๐ฟ๐ฒ๐ต๐ผ๐น๐ฑ๐ฒ๐ฟ ๐ฒ๐พ๐๐ถ๐๐.
Led by Dr Prashant Chintawar (PC) and our US team.
๐๐ถ๐ญ๐ญ ๐๐๐ ๐ข๐ฏ๐ฏ๐ฐ๐ถ๐ฏ๐ค๐ฆ๐ฎ๐ฆ๐ฏ๐ต ๐ข๐ต๐ต๐ข๐ค๐ฉ๐ฆ๐ฅ.
โฆ
Resource Minerals International Ltd (ASX:RMI) @ResMin_RMI $RMI.ax
Volt Resources Limited (ASX:VRC) @asxvolt $VRac.ax
Lindian Resources Limited (ASX:LIN) @ASXLindian $LIN.ax
@ErityLtd
๐๐๐ถ๐น๐ฑ๐ถ๐ป๐ด ๐๐ต๐ฒ ๐๐๐๐๐ฟ๐ฒ ๐ผ๐ณ ๐๐บ๐ฒ๐ฟ๐ถ๐ฐ๐ฎ๐ป ๐ ๐ถ๐ป๐ถ๐ป๐ด ๐ฎ๐ป๐ฑ ๐ ๐ฎ๐ป๐๐ณ๐ฎ๐ฐ๐๐๐ฟ๐ถ๐ป๐ด
Securing the supply chain for critical minerals requires collaboration across government and industry.
The White House just announced a historic $2.18 billion investment program to revitalize American mining and invest in mining schools.
At Volt Resources Limited ASX:VRC we share this vision for a robust domestic supply chain. Our team at Volt Energy Materials, headquartered at The EDGE in Tuscaloosa, is driving the development of an advanced graphite refinery in Alabama.
This facility will provide secure, sustainable purified graphite for the US market. It is an exciting time to be building in this sector.
๐๐ฉ๐ฆ๐ค๐ฌ ๐ฐ๐ถ๐ต ๐ต๐ฉ๐ฆ ๐ฐ๐ง๐ง๐ช๐ค๐ช๐ข๐ญ ๐ณ๐ฆ๐ญ๐ฆ๐ข๐ด๐ฆ: ๐ฉ๐ต๐ต๐ฑ๐ด://๐ธ๐ธ๐ธ.๐ธ๐ฉ๐ช๐ต๐ฆ๐ฉ๐ฐ๐ถ๐ด๐ฆ.๐จ๐ฐ๐ท/๐ง๐ข๐ค๐ต-๐ด๐ฉ๐ฆ๐ฆ๐ต๐ด/๐ค๐ข๐ค๐จ/๐ข๐ช/๐ง๐ข๐ค๐ต-๐ด๐ฉ๐ฆ๐ฆ๐ต-๐ฑ๐ณ๐ฆ๐ด๐ช๐ฅ๐ฆ๐ฏ๐ต-๐ฅ๐ฐ๐ฏ๐ข๐ญ๐ฅ-๐ซ-๐ต๐ณ๐ถ๐ฎ๐ฑ-๐ข๐ฏ๐ฏ๐ฐ๐ถ๐ฏ๐ค๐ฆ๐ด-๐ฃ๐ช๐ญ๐ญ๐ช๐ฐ๐ฏ๐ด-๐ช๐ฏ-๐ฏ๐ฆ๐ธ-๐ฅ๐ฆ๐ข๐ญ๐ด-๐ข๐ฏ๐ฅ-๐ช๐ฏ๐ท๐ฆ๐ด๐ต๐ฎ๐ฆ๐ฏ๐ต๐ด-๐ต๐ฐ-๐ฑ๐ฐ๐ธ๐ฆ๐ณ-๐ข๐ฎ๐ฆ๐ณ๐ช๐ค๐ข๐ฏ-๐ฎ๐ช๐ฏ๐ช๐ฏ๐จ/
Resource Minerals International Ltd ASX:RMI @ResMin_RMI $RMI.ax
Volt Resources Limited ASX:VRC @asxvolt $VRC.ax
Lindian Resources Limited ASX:LIN @ASXLindian $LIN.ax
@ErityLtd
๐ฆ๐๐ฎ๐๐ถ๐ป๐ด ๐๐ฟ๐ผ๐๐ป๐ฑ๐ฒ๐ฑ: ๐ง๐ต๐ฒ ๐๐ฎ๐ฐ๐๐ ๐๐ฒ๐ต๐ถ๐ป๐ฑ ๐๐ต๐ฒ ๐๐ฎ๐ป๐ด๐ฎ๐ป๐ธ๐๐ป๐ฑ๐ฒ ๐๐ถ๐ฐ๐ฒ๐ป๐ฐ๐ฒ
There has been a lot of noise over the past few days regarding Lindian Resources Limited's operations in Malawi. As the founder and still the single largest shareholder, and someone deeply familiar with the project's origins, I want to provide some factual clarity. The transition from a medium to a large scale licence is ๐ฏ๐ฐ๐ต ๐ข ๐ค๐ฐ๐ฎ๐ฑ๐ญ๐ช๐ข๐ฏ๐ค๐ฆ ๐ช๐ด๐ด๐ถ๐ฆ; it is the exact roadmap we envisioned for this ๐ฎ๐ข๐ด๐ด๐ช๐ท๐ฆ ๐ณ๐ฆ๐ด๐ฐ๐ถ๐ณ๐ค๐ฆ.
Furthermore, ๐๐ต๐ฒ ๐ฎ๐ฌ๐ญ๐ด ๐ฆ๐๐ฝ๐ฟ๐ฒ๐บ๐ฒ ๐๐ผ๐๐ฟ๐ ๐๐ผ๐ป๐๐ฒ๐ป๐ ๐ข๐ฟ๐ฑ๐ฒ๐ฟ ๐น๐ฒ๐ด๐ฎ๐น๐น๐ ๐ฝ๐ฟ๐ฒ๐๐ฒ๐ป๐๐ ๐ฎ๐ป๐ ๐ถ๐ป๐๐ฒ๐ฟ๐ณ๐ฒ๐ฟ๐ฒ๐ป๐ฐ๐ฒ ๐๐ถ๐๐ต ๐๐ต๐ฒ ๐ฐ๐๐ฟ๐ฟ๐ฒ๐ป๐ ๐น๐ถ๐ฐ๐ฒ๐ป๐ฐ๐ฒ ๐ฎ๐ป๐ฑ ๐ด๐๐ฎ๐ฟ๐ฎ๐ป๐๐ฒ๐ฒ๐ ๐๐๐ฝ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ถ๐๐ ๐ฒ๐
๐ฝ๐ฎ๐ป๐๐ถ๐ผ๐ป. I was reminded of this strong partnership when a friend shared the attached 2022 publication from my tenure, which perfectly captures the mutual goodwill built into this project.
The fundamentals remain excellent.
โฆ.
Resource Minerals International Ltd ASX:RMI @ResMin_RMI $RMI.ax
Volt Resources Limited ASX:VRC @asxvolt $VRC.ax
Lindian Resources Limited @ASXLindian $LIN.ax
โฆ..
ERITY @ErityLtd
The Australian Financial Review @FinancialReview
๐๐ฎ๐๐๐๐ฌ๐ฌ๐๐ฎ๐ฅ $๐.๐๐ ๐
๐ฎ๐ง๐๐ซ๐๐ข๐ฌ๐ ๐ญ๐จ ๐๐๐๐๐ฅ๐๐ซ๐๐ญ๐ ๐๐ซ๐ข๐ฅ๐ฅ๐ข๐ง๐ ๐ข๐ง ๐๐๐ง๐ณ๐๐ง๐ข๐ ๐๐ง๐ ๐๐๐ฎ๐๐ข ๐๐ซ๐๐๐ข๐
I am pleased to share that ๐๐๐ฌ๐จ๐ฎ๐ซ๐๐ ๐๐ข๐ง๐๐ซ๐๐ฅ๐ฌ ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ญ๐ (ASX:RMI @ResMin_RMI $RMI.ax ) has received firm commitments to raise $3.5 million through a strongly supported placement.
This funding marks a clear transition from target definition to active drilling.
We are now fully funded to commence a 5,000 metre drill program next month at the highly prospective Mpanda Copper-Gold project in Tanzania.
๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข ๐๐ญ๐ซ๐จ๐ง๐ ๐๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ: $3.5M raised from existing shareholders and new sophisticated investors
โข ๐๐ข๐ซ๐๐๐ญ๐จ๐ซ ๐๐ฅ๐ข๐ ๐ง๐ฆ๐๐ง๐ญ: $600K participation from Directors, including my $500K commitment
โข ๐๐๐ง๐ณ๐๐ง๐ข๐ ๐๐ซ๐ข๐ฅ๐ฅ๐ข๐ง๐ : RC program targeting Kabatini, Ibindi, and Kabungu commencing in June
โข ๐๐๐ฎ๐๐ข ๐๐ซ๐๐๐ข๐: Drilling planned across Shaib Marqan and Wadi Salamah from the September quarter
๐๐ฌ๐ข๐ฆ๐ฐ๐ ๐๐๐๐ฎ๐ง๐ ๐, ๐๐ฑ๐๐๐ฎ๐ญ๐ข๐ฏ๐ ๐๐ก๐๐ข๐ซ๐ฆ๐๐ง:
โRMI has an active exploration program from June through to year end, commencing with a 5,000 metre drill program at our Mpanda Copper-Gold project. We have every confidence in these drill-ready targets and are well positioned to deliver value for shareholders.โ
๐๐ก๐๐ญโ๐ฌ ๐๐๐ฑ๐ญ?
โข Tanzania drilling commences in June
โข Saudi drilling to follow in Q3
โข Continuous exploration activity through 2026
Our teams are mobilising.
Our targets are defined.
We are now in execution mode.
๐
๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฅ๐๐๐ฌ๐ ๐๐ญ๐ญ๐๐๐ก๐๐.
โธป
๐๐๐ฌ๐จ๐ฎ๐ซ๐๐ ๐๐ข๐ง๐๐ซ๐๐ฅ๐ฌ ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ญ๐ (ASX:RMI) @ResMin_RMI $RMI.ax
๐๐จ๐ฅ๐ญ ๐๐๐ฌ๐จ๐ฎ๐ซ๐๐๐ฌ ๐๐ข๐ฆ๐ข๐ญ๐๐ (ASX:VRC) @asxvolt $VRC.ax
๐๐ข๐ง๐๐ข๐๐ง ๐๐๐ฌ๐จ๐ฎ๐ซ๐๐๐ฌ ๐๐ญ๐ (ASX:LIN)
@ASXLindian $LIN.ax
๐๐ซ๐ข๐ญ๐ฒ ๐๐ญ๐ฒ ๐๐ญ๐ @ErityLtd
๐ช๐ฎ๐ฑ๐ถ ๐ฆ๐ฎ๐น๐ฎ๐บ๐ฎ๐ต: ๐ง๐ต๐ฒ ๐ก๐ฒ๐
๐ ๐๐ต๐ฎ๐ฝ๐๐ฒ๐ฟ ๐ถ๐ป ๐ข๐๐ฟ ๐ฆ๐ฎ๐๐ฑ๐ถ ๐๐ฟ๐ฎ๐ฏ๐ถ๐ฎ๐ป ๐ฆ๐๐ผ๐ฟ๐!
I am pleased to share that ๐ฅ๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ ๐ ๐ถ๐ป๐ฒ๐ฟ๐ฎ๐น๐ ๐๐ป๐๐ฒ๐ฟ๐ป๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น ๐๐๐ฑ (๐๐ฆ๐ซ:๐ฅ๐ ๐ @ResMin_RMI $RMI.ax) has completed an extensive high-resolution ground magnetic survey at ๐๐ต๐ฒ ๐ช๐ฎ๐ฑ๐ถ ๐ฆ๐ฎ๐น๐ฎ๐บ๐ฎ๐ต ๐ฃ๐ฟ๐ผ๐ท๐ฒ๐ฐ๐ ๐ถ๐ป ๐ฆ๐ฎ๐๐ฑ๐ถ ๐๐ฟ๐ฎ๐ฏ๐ถ๐ฎ.ย
Following the successful identification of targets at our Shaib Marqan project (which you can read about in my previous post) these results from ๐ช๐ฎ๐ฑ๐ถ ๐ฆ๐ฎ๐น๐ฎ๐บ๐ฎ๐ต further validate our strategy of targeting high-value structural and magmatic corridors within the Arabian Shield. By identifying massive magnetic anomalies and a complex network of regional fault structures, we have successfully moved from regional-scale exploration to defined, high-priority targets.ย
๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐:
โข ๐๐ฒ๐๐ฎ๐ถ๐น๐ฒ๐ฑ ๐๐ป๐๐ถ๐ด๐ต๐๐: 1,010 line-km of high-resolution ground magnetic data were collected over the ~100 kmยฒ project area.ย
โข ๐ ๐ฎ๐๐๐ถ๐๐ฒ ๐ฆ๐ฐ๐ฎ๐น๐ฒ: Two deep-seated magnetic anomalies (H1 and H2) identified in the northern sector, covering approximately ~ 16 kmยฒ.ย
โข ๐ง๐ถ๐ฒ๐ฟ-๐ญ ๐ฃ๐ผ๐๐ฒ๐ป๐๐ถ๐ฎ๐น: Anomalies are interpreted as large-scale intrusive bodies prospective for ๐ฃ๐ผ๐ฟ๐ฝ๐ต๐๐ฟ๐ ๐๐ผ๐ฝ๐ฝ๐ฒ๐ฟ-๐ ๐ผ๐น๐๐ฏ๐ฑ๐ฒ๐ป๐๐บ (๐๐-๐ ๐ผ) mineralisation.ย
โข ๐ฆ๐๐ฟ๐๐ฐ๐๐๐ฟ๐ฎ๐น ๐๐ผ๐ป๐ณ๐ถ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป: Six major regional fault structures (F1 to F6) identified, associated with the prolific Najd Fault System.ย
โข ๐ฃ๐ฟ๐ผ๐๐ฒ๐ป ๐๐ผ๐ฟ๐ฟ๐ฒ๐น๐ฎ๐๐ถ๐ผ๐ป: Surface sampling confirms high-grade mineralization with peak results of ๐ญ๐ฌ.๐ฒ๐ฒ ๐ด/๐ ๐๐ (Gold) and ๐ญ๐ฏ.๐ต๐ฑ ๐ด/๐ ๐๐ด (Silver).ย
๐๐๐ถ๐บ๐๐ฒ ๐๐ฎ๐ฏ๐๐ป๐ด๐ฎ, ๐๐
๐ฒ๐ฐ๐๐๐ถ๐๐ฒ ๐๐ต๐ฎ๐ถ๐ฟ๐บ๐ฎ๐ป, ๐๐ผ๐บ๐บ๐ฒ๐ป๐๐ฒ๐ฑ:
"The magnetic data from Wadi Salamah is exceptional. The scale of the H1 and H2 anomalies suggests we are looking at a very large magmatic system. When you combine this with the high-grade gold samples already recovered, Wadi Salamah presents another highly compelling exploration asset that we intend to aggressively explore".ย
๐ช๐ต๐ฎ๐โ๐ ๐ก๐ฒ๐
๐?
Our team is now finalizing a ๐ฑ,๐ฌ๐ฌ๐ฌ ๐บ๐ฒ๐๐ฟ๐ฒ ๐ฑ๐ถ๐ฎ๐บ๐ผ๐ป๐ฑ ๐ฎ๐ป๐ฑ ๐ฅ๐ ๐ฑ๐ฟ๐ถ๐น๐น๐ถ๐ป๐ด ๐ฝ๐ฟ๐ผ๐ด๐ฟ๐ฎ๐บ designed to test depth extensions and the core of the copper-molybdenum targets.ย
We remain committed to building a long-term business based on mineral development delivering consistent shareholder value.ย
๐๐ถ๐ญ๐ญ ๐๐๐ ๐ณ๐ฆ๐ญ๐ฆ๐ข๐ด๐ฆ ๐ข๐ต๐ต๐ข๐ค๐ฉ๐ฆ๐ฅ.
...
๐ฅ๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ ๐ ๐ถ๐ป๐ฒ๐ฟ๐ฎ๐น๐ ๐๐ป๐๐ฒ๐ฟ๐ป๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น ๐๐๐ฑ ๐๐ฆ๐ซ:๐ฅ๐ ๐ @ResMin_RMI $RMI.ax
๐ฉ๐ผ๐น๐ ๐ฅ๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ๐ ๐๐ถ๐บ๐ถ๐๐ฒ๐ฑ ๐๐ฆ๐ซ:๐ฉ๐ฅ๐ @asxvolt $VRC.ax
๐๐ถ๐ป๐ฑ๐ถ๐ฎ๐ป ๐ฅ๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ๐ ๐๐ถ๐บ๐ถ๐๐ฒ๐ฑ ๐๐ฆ๐ซ:๐๐๐ก @ASXLindian $LIN.ax
๐๐ฟ๐ถ๐๐ ๐ฃ๐๐ ๐๐๐ฑ @ErityLtd
E๐
๐ฐ๐ถ๐๐ถ๐ป๐ด E๐
๐ฝ๐น๐ผ๐ฟ๐ฎ๐๐ถ๐ผ๐ป M๐ถ๐น๐ฒ๐๐๐ผ๐ป๐ฒ ๐ฎ๐ S๐ต๐ฎ๐ถ๐ฏ M๐ฎ๐ฟ๐พ๐ฎ๐ป!
I am pleased to share that R๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ M๐ถ๐ป๐ฒ๐ฟ๐ฎ๐น๐ I๐ป๐๐ฒ๐ฟ๐ป๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น L๐๐ฑ (ASX:RMI @ResMin_RMI $RMI.ax) has completed a high-resolution ground magnetic survey at the S๐ต๐ฎ๐ถ๐ฏ M๐ฎ๐ฟ๐พ๐ฎ๐ป P๐ฟ๐ผ๐ท๐ฒ๐ฐ๐ in Saudi Arabia.
The data from this survey represents a significant step in advancing our Saudi Arabian portfolio. By identifying seven major fault systems and multiple structural corridors, we have successfully moved from regional-scale exploration to defined, high-priority targets.
K๐ฒ๐ H๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐:
* D๐ฒ๐๐ฎ๐ถ๐น๐ฒ๐ฑ I๐ป๐๐ถ๐ด๐ต๐๐: 932 line kilometres of high-resolution data were collected over an area of 91.88 kmยฒ.
* T๐ฎ๐ฟ๐ด๐ฒ๐๐ฒ๐ฑ E๐
๐ฝ๐น๐ผ๐ฟ๐ฎ๐๐ถ๐ผ๐ป: Four priority target zones (Z1 to Z4) have been defined for immediate follow-up work.
* P๐ฟ๐ผ๐๐ฒ๐ป C๐ผ๐ฟ๐ฟ๐ฒ๐น๐ฎ๐๐ถ๐ผ๐ป: We are seeing a strong spatial correlation between magnetic anomalies and previous high-grade surface results of up to 40.35 g/t Au.
* S๐๐ฟ๐๐ฐ๐๐๐ฟ๐ฎ๐น C๐ผ๐ป๐ณ๐ถ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป: The survey provides a critical framework for defining structural controls and priority drill targets within the Arabian Shield.
A๐๐ถ๐บ๐๐ฒ K๐ฎ๐ฏ๐๐ป๐ด๐ฎ, E๐
๐ฒ๐ฐ๐๐๐ถ๐๐ฒ C๐ต๐ฎ๐ถ๐ฟ๐บ๐ฎ๐ป, C๐ผ๐บ๐บ๐ฒ๐ป๐๐ฒ๐ฑ:
"This survey provides a clear framework to guide our next phase of work as we focus on advancing these targets through field validation and drilling. Particularly encouraging is the clear spatial association between magnetic anomaly boundaries and the high-grade surface results previously reported."
W๐ต๐ฎ๐โ๐ N๐ฒ๐
๐?
Our team is planning to commence a rock chip sampling program shortly at the newly defined targets. This field work, starting in Q2, will lead into a planned first-phase ๐ฑ,๐ฌ๐ฌ๐ฌ ๐บ๐ฒ๐๐ฟ๐ฒ ๐ฑ๐ฟ๐ถ๐น๐น ๐ฝ๐ฟ๐ผ๐ด๐ฟ๐ฎ๐บ anticipated for Q3 2026.
We remain committed to building a long-term business based on mineral development and delivering consistent shareholder value.
ASX release attached.
...
R๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ M๐ถ๐ป๐ฒ๐ฟ๐ฎ๐น๐ I๐ป๐๐ฒ๐ฟ๐ป๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น L๐๐ฑ ASX:RMI @ResMin_RMI $RMI.ax
V๐ผ๐น๐ R๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ๐ L๐ถ๐บ๐ถ๐๐ฒ๐ฑ ASX:VRC @asxvolt $VRC.ax
L๐ถ๐ป๐ฑ๐ถ๐ฎ๐ป R๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ๐ L๐ถ๐บ๐ถ๐๐ฒ๐ฑ ASX:LIN @ASXLindian $LIN.ax
E๐ฟ๐ถ๐๐ P๐๐ L๐๐ฑ @ErityLtd
๐ง๐ถ๐บ๐ฒ ๐ถ๐ป ๐๐ต๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐. ๐ง๐ถ๐บ๐ถ๐ป๐ด ๐๐ต๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
๐๐ช๐ด๐ด ๐ต๐ฉ๐ฆ 10 ๐๐ฆ๐ด๐ต ๐๐ข๐บ๐ด, ๐๐ฐ๐ด๐ฆ ๐๐ข๐ญ๐ง ๐ ๐ฐ๐ถ๐ณ ๐๐ฆ๐ต๐ถ๐ณ๐ฏ๐ด
Speed distorts perspective. In a world of 24/7 noise, @BlackRock CEO ๐๐ฎ๐ฟ๐ฟ๐ ๐๐ถ๐ป๐ธ reminds us of a staggering reality: every $1 invested in the S&P 500 over the last two decades grew ๐ด๐
.
If you missed just the ๐ญ๐ฌ ๐ฏ๐ฒ๐๐ ๐ฑ๐ฎ๐๐ in that 20-year period, you would have earned ๐น๐ฒ๐๐ ๐๐ต๐ฎ๐ป ๐ต๐ฎ๐น๐ณ of those returns.
In a "fracturing" global economy, the danger is focusing so much on daily noise that we forget what actually matters. The "๐ก๐ผ๐ฟ๐๐ต ๐ฆ๐๐ฎ๐ฟ" should always be long-term participation.
๐๐ผ๐ป๐๐ถ๐ฐ๐๐ถ๐ผ๐ป ๐ถ๐ ๐๐ต๐ฒ ๐ฟ๐ฒ๐ฎ๐น ๐๐๐ฟ๐ฎ๐๐ฒ๐ด๐. By staying invested through unsettling headlines, we help finance the companies and infrastructure that bridge the gap of economic anxiety.
๐๐ผ๐ ๐ฑ๐ผ ๐๐ผ๐ ๐ณ๐ถ๐น๐๐ฒ๐ฟ ๐ผ๐๐ ๐๐ต๐ฒ ๐ป๐ผ๐ถ๐๐ฒ?
๐๐ฎ๐ข๐จ๐ฆ ๐๐ณ๐ฆ๐ฅ๐ช๐ต: ๐๐ข๐ท๐ช๐ฅ ๐๐ฐ๐ธ๐ฆ / ๐๐ฉ๐ฆ ๐๐ถ๐ด๐ต๐ณ๐ข๐ญ๐ช๐ข๐ฏ ๐๐ช๐ฏ๐ข๐ฏ๐ค๐ช๐ข๐ญ ๐๐ฆ๐ท๐ช๐ฆ๐ธ
๐๐ช๐ด๐ค๐ญ๐ข๐ช๐ฎ๐ฆ๐ณ: ๐๐ฉ๐ช๐ด ๐ช๐ด ๐ข ๐ฑ๐ฆ๐ณ๐ด๐ฐ๐ฏ๐ข๐ญ ๐ฐ๐ฑ๐ช๐ฏ๐ช๐ฐ๐ฏ, ๐ฏ๐ฐ๐ต ๐ง๐ช๐ฏ๐ข๐ฏ๐ค๐ช๐ข๐ญ ๐ข๐ฅ๐ท๐ช๐ค๐ฆ.
โฆโฆ
Resource Minerals International Ltd ASX:RMI @ResMin_RMI $RMI.ax
Volt Resources Limited ASX:VRC
@asxvolt $VRC.ax
Lindian Resources Limited ASX:LIN
@ASXLindian $LIN.ax
Erity Pty Ltd @ErityLtd
๐๐
๐ฐ๐ถ๐๐ถ๐ป๐ด ๐๐
๐ฝ๐น๐ผ๐ฟ๐ฎ๐๐ถ๐ผ๐ป ๐ ๐ถ๐น๐ฒ๐๐๐ผ๐ป๐ฒ ๐ฎ๐ ๐ ๐ฝ๐ฎ๐ป๐ฑ๐ฎ!
I am pleased to share that Resource Minerals International Ltd @ResMin_RMI (ASX:RMI) has completed a high-resolution magnetic survey at the Mpanda Copper-Gold Project in Tanzania.
The data from this drone-led survey is a game-changer for our technical team. By correlating structural interpretations with our existing geochemical anomalies, we are gaining significant confidence in our targets across the Kabungu, Ibindi, and Kabatini prospects.
๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐:
โข ๐๐ฒ๐๐ฎ๐ถ๐น๐ฒ๐ฑ ๐๐ป๐๐ถ๐ด๐ต๐๐: 914 line kilometres of high-resolution data were collected.
โข ๐ฃ๐ผ๐๐ฒ๐ป๐๐ถ๐ฎ๐น ๐๐ฑ๐ฒ๐ป๐๐ถ๐ณ๐ถ๐ฒ๐ฑ: The data highlights potential controls for new discoveries in a nearly unexplored north-easterly corridor.
โข ๐ฃ๐ฟ๐ผ๐๐ฒ๐ป ๐ฃ๐ผ๐๐ฒ๐ป๐๐ถ๐ฎ๐น: Previous RC drilling at Kabungu already yielded significant results, including 4m @ 2.5g/t Au and 0.5% Cu.
โข ๐ฆ๐๐ฟ๐๐ฐ๐๐๐ฟ๐ฎ๐น ๐๐ผ๐ป๐ณ๐ถ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป: The survey confirms that fault-intersections and shear-splays are highly favourable for Cu-Au mineralisation.
๐๐ด๐ช๐ฎ๐ธ๐ฆ ๐๐ข๐ฃ๐ถ๐ฏ๐จ๐ข, ๐๐น๐ฆ๐ค๐ถ๐ต๐ช๐ท๐ฆ ๐๐ฉ๐ข๐ช๐ณ๐ฎ๐ข๐ฏ, ๐๐ฐ๐ฎ๐ฎ๐ฆ๐ฏ๐ต๐ฆ๐ฅ:
โThis high-resolution magnetic survey supports our active regional exploration program at Mpanda. The property already hosts multiple high-grade Cu and Au targets, which demonstrate a widespread mineralising system that is substantially underexplored. We intend to vector off the known discoveries to make new discoveries and build on the already significant exploration pipeline at Mpanda.โ
๐ช๐ต๐ฎ๐โ๐ ๐ก๐ฒ๐
๐?
Our field team is remobilising shortly to verify these newly defined targets. This work is all leading up to a major 6,000โ10,000 metre AC and RC drilling program planned for Q3 2026.
We are committed to building a long-term business based on mineral development and delivering consistent shareholder value.
๐๐๐ ๐ณ๐ฆ๐ญ๐ฆ๐ข๐ด๐ฆ ๐ข๐ต๐ต๐ข๐ค๐ฉ๐ฆ๐ฅ.
โฆ..
Resource Minerals International Ltd ASX:RMI @ResMin_RMI $RMI.ax
Volt Resources Limited ASX:VRC @asxvolt $VRC.ax
Lindian Resources Limited ASX:LIN @ASXLindian $ LIN.ax
@ErityLtd
๐๐ข๐ฅ๐๐ฌ๐ญ๐จ๐ง๐ ๐๐๐ก๐ข๐๐ฏ๐๐: ๐๐ฎ๐๐๐๐ฌ๐ฌ๐๐ฎ๐ฅ ๐๐ข๐ ๐ก ๐๐ฎ๐ซ๐ข๐ญ๐ฒ ๐๐ซ๐๐ฉ๐ก๐ข๐ญ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง
๐๐จ๐ฅ๐ญ ๐๐๐ฌ๐จ๐ฎ๐ซ๐๐๐ฌ ๐๐ข๐ฆ๐ข๐ญ๐๐ (๐๐๐:๐๐๐) @asxvolt is pleased to announce that our 70%-owned ๐๐๐ฏ๐๐ฅ๐ข๐๐ฏ๐ฌ๐ค๐ฒ ๐๐ซ๐๐ฉ๐ก๐ข๐ญ๐ (๐๐) operation has successfully completed its first high purity graphite (HPG) production campaign of 2026.
This achievement is a testament to the resilience of our team in Ukraine and a major step forward in our global downstream strategy.
๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ฎ๐๐๐๐ฌ๐ฌ: We produced 19.14 tonnes of HPG following the winter shutdown.
โข ๐๐ฑ๐๐๐ฉ๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ฎ๐๐ฅ๐ข๐ญ๐ฒ: Product purity reached 99.60-99.75% with an 87% yield.
โข ๐
๐๐๐-๐
๐ฅ๐๐ฑ๐ข๐๐ฅ๐ ๐๐๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง: For the first time, ZG used external flake graphite feed from Africa, proving our purification process is robust and directly supporting the strategy for our planned ๐๐ฅ๐๐๐๐ฆ๐ ๐๐ซ๐๐ฉ๐ก๐ข๐ญ๐ ๐๐๐๐ข๐ง๐๐ซ๐ฒ.
โข ๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ: The HPG has been sold to a ๐๐ฎ๐ซ๐จ๐ฉ๐๐๐ง ๐๐๐ญ๐ญ๐๐ซ๐ฒ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐๐ซ at US$3,000/t.
๐๐ก๐๐ญโ๐ฌ ๐๐๐ฑ๐ญ?
Our focus now expands to the North American market, where we are preparing to fulfill a 20-tonne commercial order and deliver specialized samples to battery and defense sector companies in the United States.
๐๐จ๐ฅ๐ญ ๐๐๐ฌ๐จ๐ฎ๐ซ๐๐๐ฌ continues to position itself as a reliable, strategic supplier of critical graphite materials for Western markets.
๐๐๐ ๐ณ๐ฆ๐ญ๐ฆ๐ข๐ด๐ฆ ๐ข๐ต๐ต๐ข๐ค๐ฉ๐ฆ๐ฅ.
โฆโฆ
Resource Minerals International Ltd ASX:RMI @ResMin_RMI $RMI.ax
Volt Resources Limited ASX:VRC
@asxvolt $VRC.ax
Lindian Resources Limited ASX:LIN
@ASXLindian $LIN.ax
@ErityLtd Erity Pty Ltd
๐ ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐ถ๐ฐ ๐ฆ๐ต๐ถ๐ณ๐ ๐๐ผ ๐๐ผ๐๐ป๐๐๐ฟ๐ฒ๐ฎ๐บ ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐๐ถ๐ผ๐ป: ๐๐ถ๐ป๐ฑ๐ถ๐ฎ๐ป ๐ฅ๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ๐ (๐๐ฆ๐ซ: ๐๐๐ก)
๐$๐ฐ.๐ฎ๐ฏ๐ป ๐ฉ๐ฎ๐น๐๐ฎ๐๐ถ๐ผ๐ป ๐ง๐ฎ๐ฟ๐ด๐ฒ๐
๐ฏ๐ ๐ฃ๐ฒ๐๐ฟ๐ฎ ๐๐ฎ๐ฝ๐ถ๐๐ฎ๐น
It was several years ago while in Toronto that I instructed the management team to send our Kangankunde samples to be tested in a Central Asian country for a potential downstream processing collaboration deal.
Now, posting this from Toronto once again, seeing what I envisioned then finally come to fruition and have such a profound impact on the valuation of the company I founded in its current form, and where I remain the ๐๐ถ๐ป๐ด๐น๐ฒ ๐น๐ฎ๐ฟ๐ด๐ฒ๐๐ ๐๐ต๐ฎ๐ฟ๐ฒ๐ต๐ผ๐น๐ฑ๐ฒ๐ฟ, is a truly rewarding feeling.
๐ฃ๐ฒ๐๐ฟ๐ฎ ๐๐ฎ๐ฝ๐ถ๐๐ฎ๐นโs recent update, raising the price target to ๐$๐ฎ.๐ฑ๐ญ and the equity valuation to ๐$๐ฐ.๐ฎ๐ฏ๐ป, reflects a shift to a ๐ฑ๐ฌ:๐ฑ๐ฌ ๐๐ฒ๐ถ๐ด๐ต๐๐ฒ๐ฑ ๐ก๐ฃ๐ฉ:๐๐ฉ/๐๐๐๐ง๐๐ ๐บ๐ผ๐ฑ๐ฒ๐น.
This re-rating is driven by a ๐น๐ผ๐-๐ฐ๐ฎ๐ฝ๐ฒ๐
, ๐ต๐ถ๐ด๐ต-๐๐ฒ๐น๐ผ๐ฐ๐ถ๐๐ ๐ฝ๐ฎ๐๐ต ๐๐ผ ๐ฑ๐ผ๐๐ป๐๐๐ฟ๐ฒ๐ฎ๐บ ๐ฝ๐ฟ๐ผ๐ฑ๐๐ฐ๐๐ถ๐ผ๐ป ๐ถ๐ป ๐๐ฎ๐๐ฎ๐ธ๐ต๐๐๐ฎ๐ป, ensuring Western buyer relevance as the Kangankunde (โThe Kingโ) project scales toward its ๐ฎ๐ฌ๐ฎ๐ฒ ๐บ๐ถ๐น๐ฒ๐๐๐ผ๐ป๐ฒ๐.
๐๐ฆ๐ฆ ๐ต๐ฉ๐ฆ ๐ด๐ถ๐ฎ๐ฎ๐ข๐ณ๐บ ๐๐ฆ๐ด๐ฆ๐ข๐ณ๐ค๐ฉ ๐๐ฐ๐ต๐ฆ ๐ง๐ณ๐ฐ๐ฎ ๐๐ฆ๐ต๐ณ๐ข ๐๐ข๐ฑ๐ช๐ต๐ข๐ญ ๐ข๐ต๐ต๐ข๐ค๐ฉ๐ฆ๐ฅ.
โฆ.
@ASXLindian $LIN.ax
@ResMin_RMI $RMI.ax
@asxvolt $VRC.ax
@ErityLtd
๐๐ฟ๐ผ๐บ ๐ฆ๐ฒ๐น๐น๐ถ๐ป๐ด ๐ ๐ฎ๐ป๐ด๐ผ๐ฒ๐ ๐ฎ๐ ๐ญ๐ฌ ๐๐ผ ๐๐ต๐ฒ ๐๐ผ๐ฎ๐ฟ๐ฑ๐ฟ๐ผ๐ผ๐บ: ๐ ๐ฌ๐ฒ๐ฎ๐ฟ ๐ด ๐ฆ๐๐๐ฑ๐ฒ๐ป๐โ๐ ๐๐ป๐๐ฒ๐ฟ๐๐ถ๐ฒ๐
Yesterday I welcomed a Year 8 student into our Perth office boardroom for her school assignment.
She came prepared. Her questions were thoughtful, direct, and honest.
They made me reflect on why I started and what still drives me today.
Here are a few moments from our conversation.
โธป
๐ญ. ๐๐ต๐ถ๐น๐ฑ๐ต๐ผ๐ผ๐ฑ & ๐ช๐ผ๐ฟ๐ธ ๐๐๐ต๐ถ๐ฐ
๐๐ฏ ๐ถ๐ฑ๐ฃ๐ณ๐ช๐ฏ๐จ๐ช๐ฏ๐จ
โIf you want something, you have to work for it. Nothing is handed to you.โ
๐๐ฉ๐ฆ ๐ฎ๐ข๐ฏ๐จ๐ฐ ๐ด๐ต๐ฐ๐ณ๐บ
โAt 10 years old, I was buying mangoes at the market and selling them in my neighbourhood. I was always looking for the next opportunity.โ
๐๐ต๐ข๐บ๐ช๐ฏ๐จ ๐ด๐ฉ๐ข๐ณ๐ฑ
โI have never smoked. I stopped drinking four years ago. I prefer staying focused.โ
๐ฎ. ๐ง๐ต๐ฒ ๐ฅ๐ฒ๐ฎ๐น๐ถ๐๐ ๐ผ๐ณ ๐๐๐๐ถ๐ป๐ฒ๐๐
๐๐ฏ ๐ง๐ฆ๐ข๐ณ
โThe key is not avoiding fear. It is moving despite it.โ
๐๐ฏ ๐ด๐ข๐ค๐ณ๐ช๐ง๐ช๐ค๐ฆ
โBuilding requires thousands of hours and belief in yourself when others doubt you.โ
๐๐ฏ ๐ฐ๐ฑ๐ฑ๐ฐ๐ณ๐ต๐ถ๐ฏ๐ช๐ต๐บ
โAs a new immigrant, I realised I could not wait for opportunity. I had to create it.โ
๐ฏ. ๐๐ฑ๐๐ถ๐ฐ๐ฒ ๐ณ๐ผ๐ฟ ๐๐ต๐ฒ ๐๐๐๐๐ฟ๐ฒ
๐๐ฏ ๐ฆ๐ฅ๐ถ๐ค๐ข๐ต๐ช๐ฐ๐ฏ
โKnowledge is everywhere now. The future belongs to those who think critically and adapt.โ
๐๐ฐ ๐ด๐ต๐ถ๐ฅ๐ฆ๐ฏ๐ต๐ด
โYour age or background is not a limitation. With drive, it becomes your advantage.โ
โธป
What impressed me most was not just the questions.
It was the confidence to ask them.
If more young people stay curious and courageous, the future is in good hands.
We should all make time for the next generation.
โฆAsimwe
๐๐ง ๐บ๐ฐ๐ถ ๐ข๐ณ๐ฆ ๐ช๐ฏ๐ต๐ฆ๐ณ๐ฆ๐ด๐ต๐ฆ๐ฅ ๐ช๐ฏ ๐ต๐ฉ๐ฆ ๐ง๐ถ๐ญ๐ญ ๐&๐, ๐ ๐ฉ๐ข๐ท๐ฆ ๐ด๐ฉ๐ข๐ณ๐ฆ๐ฅ ๐ต๐ฉ๐ฆ ๐ค๐ฐ๐ฎ๐ฑ๐ญ๐ฆ๐ต๐ฆ ๐ช๐ฏ๐ต๐ฆ๐ณ๐ท๐ช๐ฆ๐ธ ๐ช๐ฏ ๐ต๐ฉ๐ฆ ๐ง๐ช๐ณ๐ด๐ต ๐ค๐ฐ๐ฎ๐ฎ๐ฆ๐ฏ๐ต.
โฆ.
@ResMin_RMI $RMI.ax
@asxvolt $VRC.ax
@ASXLindian $LIN.ax
@ErityLtd
๐๐ฒ๐บ๐ฒ๐ฟ๐๐ผ๐ปโ๐ ๐๐ฎ๐๐๐ถ๐ผ๐ป๐ฎ๐ฟ๐ ๐ง๐ฎ๐
๐ฒ: ๐ช๐ต๐ ๐๐ณ๐ฟ๐ถ๐ฐ๐ฎ๐ป ๐๐ผ๐๐ป๐๐๐ฟ๐ฒ๐ฎ๐บ ๐๐บ๐ฏ๐ถ๐๐ถ๐ผ๐ป๐ ๐ก๐ฒ๐ฒ๐ฑ ๐บ ๐ฅ๐ฒ๐ฎ๐น๐ถ๐๐ ๐๐ต๐ฒ๐ฐ๐ธ
I am just leaving Investing in African Mining Indaba in Cape Town, and the message from some African governments was clear: "๐ก๐ผ ๐บ๐ผ๐ฟ๐ฒ ๐ฟ๐ฎ๐ ๐ฒ๐
๐ฝ๐ผ๐ฟ๐๐. ๐ช๐ฒ ๐๐ฎ๐ป๐ ๐ฑ๐ผ๐๐ป๐๐๐ฟ๐ฒ๐ฎ๐บ ๐ฝ๐ฟ๐ผ๐ฐ๐ฒ๐๐๐ถ๐ป๐ด."
It sounds great in a speech. It wins votes. But this week, the worldโs largest lithium producer, Albemarle, gave us a $2 billion reality check.
Albemarle just idled the final production line at its Kemerton refinery in Western Australia (๐๐๐พ ๐๐๐บ๐๐พ ๐จ ๐๐บ๐๐พ ๐ผ๐บ๐
๐
๐พ๐ฝ ๐๐๐๐พ ๐ฟ๐๐ ๐บ๐
๐๐๐๐ ๐ฅ๐ข ๐๐พ๐บ๐๐ ๐๐๐). This was supposed to be the "gold standard" of Western refining. Despite a lithium price rebound, the company realized it is cheaper to mine ore in Australia and ship it to China for processing than to refine it locally.
If a Tier-1 jurisdiction like Australia, with $17B in incentives, world-class power, and a skilled workforce, can't make the "refining math" work, African nations must ask: Are we setting ourselves up for a "Refining Trap"?
Here are 3 hard truths for the "Downstream or Bust" agenda:
๐ญ. ๐ ๐ถ๐ป๐ถ๐ป๐ด ๐ฎ๐ป๐ฑ ๐ฅ๐ฒ๐ณ๐ถ๐ป๐ถ๐ป๐ด ๐ฎ๐ฟ๐ฒ ๐ก๐ข๐ง ๐๐ต๐ฒ ๐๐ฎ๐บ๐ฒ ๐ฏ๐๐๐ถ๐ป๐ฒ๐๐.
Mining is about geology and volume. Refining is about chemical engineering, low energy costs, and massive scale. You can be a great miner and a terrible refiner. Forcing them together often kills the profitability of both.
๐ฎ. "๐๐ถ๐ด ๐ฎ๐ป๐ฑ ๐ฆ๐ต๐ถ๐ฝ" ๐ถ๐ ๐ฎ ๐ฏ๐ฎ๐ฑ๐ด๐ฒ ๐ผ๐ณ ๐ต๐ผ๐ป๐ผ๐ฟ, ๐ป๐ผ๐ ๐ฎ ๐ณ๐ฎ๐ถ๐น๐๐ฟ๐ฒ.
Australia is a mining leader not because it makes batteries, but because it perfected the "METS" (Mining Equipment, Technology, and Services) sector. Australia exports software, safety systems, and drilling tech. This is higher-margin value-add than a chemical plant and doesn't require billions in subsidized electricity.
๐ฏ. ๐ฃ๐ผ๐น๐ถ๐ฐ๐ ๐๐ต๐ผ๐๐น๐ฑ ๐ฏ๐ฒ ๐ฎ ๐ ๐ฎ๐ด๐ป๐ฒ๐, ๐ป๐ผ๐ ๐บ ๐ ๐ฎ๐ป๐ฑ๐ฎ๐๐ฒ.
Banning raw exports, like weโve seen in Zimbabwe or Namibia, doesn't automatically create a refinery. Often, it creates "stranded assets" and kills investment. Capital is cowardly. It goes where it is welcome and stays where it is well-treated.
The African Approach should be:
โข Infrastructure first: Don't mandate a refinery if the power grid can't handle a toaster.
โข Focus on Beneficiation: Primary crushing and sorting (getting to 6% concentrate) is a win. It reduces shipping costs and creates jobs without the $2B price tag.
โข Build the METS ecosystem: Use the mines to build local engineering and logistics firms. That is the "Australian Model" that actually works.
If we want downstream to grow in Africa, it must grow because itโs competitive, not because it's compulsory.
@MiningIndaba
โฆ.
Resource Minerals International Ltd ASX:RMI @ResMin_RMI $RMI.ax
Volt Resources Limited ASX:VRC @asxvolt $VRC.ax
Lindian Resources Limited ASX:LIN @ASXLindian $LIN.ax
Erity Pty Ltd @ErityLtd
๐ง๐ต๐ฒ ๐ฎ๐ฌ๐ฎ๐ฒ ๐๐
๐ฝ๐น๐ผ๐ฟ๐ฎ๐๐ถ๐ผ๐ป ๐ฆ๐ต๐ถ๐ณ๐: ๐ช๐ต๐ ๐ ๐ถ๐ป๐ถ๐ป๐ด ๐๐ฎ๐ฝ๐ถ๐๐ฎ๐น ๐ถ๐ ๐๐ผ๐ป๐๐ฒ๐ฟ๐ด๐ถ๐ป๐ด ๐ผ๐ป ๐๐ผ๐น๐ฑ, ๐๐ผ๐ฝ๐ฝ๐ฒ๐ฟ, ๐ฎ๐ป๐ฑ ๐ฆ๐ฎ๐๐ฑ๐ถ ๐๐ฟ๐ฎ๐ฏ๐ถ๐ฎ
Global exploration spending has softened slightly, with total budgets easing to US$12.4 billion. However, raw numbers tell only half the story. The more critical signal is how capital is reallocating toward specific commodities and low-risk jurisdictions.
As 2026 unfolds, three primary forces are defining the market:
๐๐ผ๐น๐ฑโ๐ ๐ฅ๐ผ๐น๐ฒ ๐ฎ๐ ๐ฎ ๐๐ฎ๐ฝ๐ถ๐๐ฎ๐น ๐๐ป๐ฐ๐ต๐ผ๐ฟ
Gold attracted the largest budget increase despite broader pullbacks. This reflects a flight to stability. Gold projects offer established permitting and predictable timelines. In a volatile macro environment, gold remains the preferred exposure for limiting downside risk.
๐๐ผ๐ฝ๐ฝ๐ฒ๐ฟ ๐ฎ๐ ๐ฎ ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐ถ๐ฐ ๐๐ป๐ฝ๐๐
Copper is gaining share based on structural fundamentals. Electrification, grid expansion, and AI infrastructure depend on copper-intensive builds, yet new supply faces long lead times. High-quality copper projects are now essential strategic assets rather than cyclical trades.
๐ฆ๐ฎ๐๐ฑ๐ถ ๐๐ฟ๐ฎ๐ฏ๐ถ๐ฎโ๐ ๐๐บ๐ฒ๐ฟ๐ด๐ฒ๐ป๐ฐ๐ฒ ๐ฎ๐ ๐ฎ ๐๐ฎ๐ฝ๐ถ๐๐ฎ๐น ๐๐ฒ๐๐๐ถ๐ป๐ฎ๐๐ถ๐ผ๐ป
Geography is becoming more selective. While traditional markets face funding pressure, Saudi Arabia is expanding. This shift is driven by the Ministry of Industry and Mineral Resources, which has catalyzed a significant increase in activity since 2020 through aggressive licensing and world-class geological data.
By de-risking the Arabian Shield via the Exploration Enablement Program (EEP), the Ministry is transforming the Kingdom into a top-tier destination. This has paved the way for players like Resource Minerals International Ltd (ASX:RMI) to advance high-prospectivity assets.
RMIโs Shaib Marqan project, for instance, is in the Ar Rayn Terrane, a region known for VMS-hosted copper and orogenic gold systems. By combining historical indicators with modern field exploration, companies like RMI are demonstrating exactly how the Saudi mining boom is being executed.
๐ช๐ต๐ฎ๐ ๐ง๐ต๐ถ๐ ๐ ๐ฒ๐ฎ๐ป๐ ๐ณ๐ผ๐ฟ ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐
This isn't a retreat; it is a re-ranking of priorities. Capital is concentrating where there is clear demand visibility and regulatory certainty. Success belongs to those combining disciplined commodity selection with modern exploration technology.
๐๐ฉ๐ช๐ด ๐ข๐ฏ๐ข๐ญ๐บ๐ด๐ช๐ด ๐ฃ๐ถ๐ช๐ญ๐ฅ๐ด ๐ฐ๐ฏ ๐ต๐ฉ๐ฆ ๐๐ฐ๐ณ๐ฑ๐ฐ๐ณ๐ข๐ต๐ฆ ๐๐น๐ฑ๐ญ๐ฐ๐ณ๐ข๐ต๐ช๐ฐ๐ฏ ๐๐ต๐ณ๐ข๐ต๐ฆ๐จ๐ช๐ฆ๐ด ๐ธ๐ฐ๐ณ๐ฌ ๐ฃ๐บ ๐&๐ ๐๐ญ๐ฐ๐ฃ๐ข๐ญ ๐๐ข๐ณ๐ฌ๐ฆ๐ต ๐๐ฏ๐ต๐ฆ๐ญ๐ญ๐ช๐จ๐ฆ๐ฏ๐ค๐ฆ. ๐๐ฉ๐ฆ๐ช๐ณ ๐๐๐ ๐ธ๐ถ๐ธ๐ป ๐ณ๐ฆ๐ฑ๐ฐ๐ณ๐ต ๐ฅ๐ฆ๐ต๐ข๐ช๐ญ๐ด ๐ฉ๐ฐ๐ธ ๐ค๐ข๐ฑ๐ช๐ต๐ข๐ญ ๐ช๐ด ๐ณ๐ฆ๐ฑ๐ฐ๐ด๐ช๐ต๐ช๐ฐ๐ฏ๐ช๐ฏ๐จ.
Full articles and report details are in the first comment
โฆโฆ
@ResMin_RMI $RMI.ax
@ErityLtd
The S&P Global CES 2025 report highlights a significant pivot in global mining. While junior explorers in traditional hubs are under pressure, strategic capital is moving into high-value targets in emerging regions like the Arabian Shield.
Read the full data breakdown here: spglobal.com/market-intelligโฆ
๐ฉ๐ผ๐น๐ ๐ฅ๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ๐ (๐๐ฆ๐ซ: ๐ฉ๐ฅ๐) ๐ฒ๐
๐๐ฒ๐ป๐ฑ๐ ๐๐๐ป๐๐ ๐ด๐ฟ๐ฎ๐ฝ๐ต๐ถ๐๐ฒ ๐ผ๐ณ๐ณ๐๐ฎ๐ธ๐ฒ ๐ฎ๐ด๐ฟ๐ฒ๐ฒ๐บ๐ฒ๐ป๐ ๐ฎ๐ป๐ฑ ๐ฎ๐ป๐ป๐๐ฎ๐น ๐๐ฎ๐น๐ฒ๐ ๐๐ผ๐น๐๐บ๐ฒ๐ ๐๐ถ๐ด๐ป๐ถ๐ณ๐ถ๐ฐ๐ฎ๐ป๐๐น๐ ๐ถ๐ป๐ฐ๐ฟ๐ฒ๐ฎ๐๐ฒ๐ฑ
We have executed a binding variation to our offtake agreement with ๐ค๐ถ๐ป๐ด๐ฑ๐ฎ๐ผ ๐๐ฎ๐ถ๐
๐ถ๐ป๐ด ๐๐ฟ๐ฎ๐ฝ๐ต๐ถ๐๐ฒ ๐๐ผ., ๐๐๐ฑ, aligning commencement with Bunyuโs development timeline and materially increasing contracted sales volumes.
๐๐ฒ๐ ๐ต๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐:
โข ๐ฎ๐ฌ,๐ฌ๐ฌ๐ฌ ๐๐ผ๐ป๐ป๐ฒ๐ ๐ฝ๐ฒ๐ฟ ๐ฎ๐ป๐ป๐๐บ of coarse flake graphite in Years 1โ2
โข Increasing to ๐ต๐ฌ,๐ฌ๐ฌ๐ฌ ๐๐ผ๐ป๐ป๐ฒ๐ ๐ฝ๐ฒ๐ฟ ๐ฎ๐ป๐ป๐๐บ in Years 3โ5, subject to Stage 2
โข ๐๐ถ๐๐ฒ-๐๐ฒ๐ฎ๐ฟ ๐๐ฒ๐ฟ๐บ, with a five-year extension option
โข Coarse flake graphite expected to generate ๐ผ๐๐ฒ๐ฟ ๐ฒ๐ฑ ๐ฝ๐ฒ๐ฟ๐ฐ๐ฒ๐ป๐ ๐ผ๐ณ ๐ฆ๐๐ฎ๐ด๐ฒ ๐ญ ๐ฟ๐ฒ๐๐ฒ๐ป๐๐ฒ
๐๐ณ ๐๐ฆ๐ฏ๐จ ๐ ๐ถ ๐๐ฆ๐ฏ๐จ, ๐๐ณ๐ฆ๐ด๐ช๐ฅ๐ฆ๐ฏ๐ต ๐ฐ๐ง ๐๐ช๐ฏ๐จ๐ฅ๐ข๐ฐ ๐๐ข๐ช๐น๐ช๐ฏ๐จ ๐๐ณ๐ข๐ฑ๐ฉ๐ช๐ต๐ฆ ๐๐ฐ., ๐๐ต๐ฅ, noted that the Bunyu Project will play an important role in supporting its ๐ด๐ฟ๐ผ๐๐ถ๐ป๐ด ๐ด๐ฟ๐ฎ๐ฝ๐ต๐ถ๐๐ฒ ๐ฑ๐ฒ๐บ๐ฎ๐ป๐ฑ.
๐๐ฐ๐ญ๐ต ๐๐น๐ฆ๐ค๐ถ๐ต๐ช๐ท๐ฆ ๐๐ฉ๐ข๐ช๐ณ๐ฎ๐ข๐ฏ, ๐๐ด๐ช๐ฎ๐ธ๐ฆ ๐๐ข๐ฃ๐ถ๐ฏ๐จ๐ข, said the variation reflects ๐ฎ ๐๐๐ฟ๐ผ๐ป๐ด ๐๐ถ๐ด๐ป ๐ผ๐ณ ๐ฐ๐ผ๐ป๐ณ๐ถ๐ฑ๐ฒ๐ป๐ฐ๐ฒ ๐ถ๐ป ๐๐๐ป๐๐, strengthens a long-term partnership, and aligns with the recently executed ๐จ๐ป๐ฏ๐ผ๐๐ป๐ฑ๐ฒ๐ฑ ๐ข๐ฝ๐ฝ๐ผ๐ฟ๐๐๐ป๐ถ๐๐ถ๐ฒ๐ ๐๐๐ป๐ฑ ๐ฆ๐ฃ๐ term sheet.
This variation follows the recently executed ๐จ๐ป๐ฏ๐ผ๐๐ป๐ฑ๐ฒ๐ฑ ๐ข๐ฝ๐ฝ๐ผ๐ฟ๐๐๐ป๐ถ๐๐ถ๐ฒ๐ ๐๐จ๐ก๐ ๐ฆ๐ฃ๐ binding term sheet and supports Bunyuโs planned ๐ฆ๐๐ฎ๐ด๐ฒ ๐ญ ๐ฝ๐ฟ๐ผ๐ฑ๐๐ฐ๐๐ถ๐ผ๐ป ๐๐ฎ๐ฟ๐ด๐ฒ๐ ๐ผ๐ณ ๐ฐ๐ฌ,๐ฌ๐ฌ๐ฌ ๐๐ผ๐ป๐ป๐ฒ๐ ๐ฝ๐ฒ๐ฟ ๐ฎ๐ป๐ป๐๐บ.
We value our long-standing partnership with Qingdao Baixing, established in 1998 with annual output exceeding ๐ฑ๐ฌ,๐ฌ๐ฌ๐ฌ ๐๐ผ๐ป๐ป๐ฒ๐, and see this agreement as a strong signal of confidence in the Bunyu Graphite Project.
Bunyu continues to progress as a ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐ถ๐ฐ๐ฎ๐น๐น๐ ๐ถ๐บ๐ฝ๐ผ๐ฟ๐๐ฎ๐ป๐ ๐ด๐ฟ๐ฎ๐ฝ๐ต๐ถ๐๐ฒ ๐ฑ๐ฒ๐๐ฒ๐น๐ผ๐ฝ๐บ๐ฒ๐ป๐ ๐ถ๐ป ๐ง๐ฎ๐ป๐๐ฎ๐ป๐ถ๐ฎ, aligned with funding, infrastructure, and market demand. @asxvolt $VRC.ax
๐๐ถ๐ญ๐ญ ๐๐๐ ๐ณ๐ฆ๐ญ๐ฆ๐ข๐ด๐ฆ ๐ข๐ต๐ต๐ข๐ค๐ฉ๐ฆ๐ฅ.
๐ช๐ต๐ฒ๐ป ๐๐ต๐ฒ ๐๐ผ๐ฟ๐น๐ฑโ๐ ๐บ๐ผ๐๐ ๐๐๐ฐ๐ฐ๐ฒ๐๐๐ณ๐๐น ๐บ๐ถ๐ป๐ฒ๐ฟ๐ ๐๐๐ฎ๐ฟ๐ ๐บ๐ผ๐๐ถ๐ป๐ด, ๐๐ผ๐ ๐ฝ๐ฎ๐ ๐ฎ๐๐๐ฒ๐ป๐๐ถ๐ผ๐ป.
Gina Rinehartโs Midana Exploration recently formed a significant joint venture with Maaden to explore the Nabita Ad-Duwayhi gold belt. This is a massive endorsement of ๐ฉ๐ถ๐๐ถ๐ผ๐ป ๐ฎ๐ฌ๐ฏ๐ฌ and the untapped potential of the Arabian Shield.
At ๐ฅ๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ ๐ ๐ถ๐ป๐ฒ๐ฟ๐ฎ๐น๐ ๐๐ป๐๐ฒ๐ฟ๐ป๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น (๐๐ฆ๐ซ:๐ฅ๐ ๐), weโve been echoing this sentiment. As a first-mover ASX-listed explorer in the region, seeing โpro-miningโ policies from the Ministry of Industry and Mineral Resources attract the likes of Hancock Prospecting confirms we are in the right place at the right time.
The Kingdom is actively reducing red tape and fostering an environment where explorers can actually explore. From initiatives like the ๐๐
๐ฝ๐น๐ผ๐ฟ๐ฎ๐๐ถ๐ผ๐ป ๐๐ป๐ฎ๐ฏ๐น๐ฒ๐บ๐ฒ๐ป๐ ๐ฃ๐ฟ๐ผ๐ด๐ฟ๐ฎ๐บ (๐๐๐ฃ) to the massive ๐ณ.๐ด-๐บ๐ถ๐น๐น๐ถ๐ผ๐ป-๐ผ๐๐ป๐ฐ๐ฒ ๐ด๐ผ๐น๐ฑ ๐ฟ๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ ๐ฎ๐ฑ๐ฑ๐ถ๐๐ถ๐ผ๐ป๐ recently announced by Maaden, the momentum is undeniable.
๐ฅ๐ ๐ ๐ถ๐ ๐ฝ๐ฒ๐ฟ๐ณ๐ฒ๐ฐ๐๐น๐ ๐ฝ๐ผ๐๐ถ๐๐ถ๐ผ๐ป๐ฒ๐ฑ ๐ฎ๐ ๐ฎ ๐น๐ฒ๐ฎ๐ป, ๐ฎ๐ด๐ถ๐น๐ฒ ๐ฒ๐
๐ฝ๐น๐ผ๐ฟ๐ฒ๐ฟ ๐๐ผ ๐ฐ๐ฎ๐ฝ๐ถ๐๐ฎ๐น๐ถ๐๐ฒ ๐ผ๐ป ๐๐ต๐ถ๐ ๐๐ต๐ถ๐ณ๐:
โข ๐ข๐ป ๐๐ต๐ฒ ๐๐ฟ๐ผ๐๐ป๐ฑ: We are already active at Shaib Marqan and Wadi Salamah.
โข ๐๐ถ๐ด๐ต-๐๐ฟ๐ฎ๐ฑ๐ฒ ๐ฆ๐๐ฐ๐ฐ๐ฒ๐๐: Our latest rock chip sampling has confirmed mineralization with gold assays as high as ๐ฐ๐ฌ.๐ฏ๐ฑ ๐ด/๐.
โข ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐ถ๐ฐ ๐ก๐ฒ๐ถ๐ด๐ต๐ฏ๐ผ๐ฟ๐ต๐ผ๐ผ๐ฑ: We are focusing on copper and gold targets in the same geological backyard where global giants are now planting their flags.
๐ฅ๐ ๐ ๐ถ๐ ๐ฝ๐ฟ๐ผ๐๐ฑ ๐๐ผ ๐ฏ๐ฒ ๐ฝ๐ฎ๐ฟ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ โ๐ฑ๐ถ๐๐ฐ๐ผ๐๐ฒ๐ฟ๐ ๐ฐ๐๐น๐๐๐ฟ๐ฒโ ๐ฎ๐ ๐ฆ๐ฎ๐๐ฑ๐ถ ๐๐ฟ๐ฎ๐ฏ๐ถ๐ฎ ๐ฒ๐๐๐ฎ๐ฏ๐น๐ถ๐๐ต๐ฒ๐ ๐บ๐ถ๐ป๐ถ๐ป๐ด ๐ฎ๐ ๐๐ต๐ฒ ๐๐ต๐ถ๐ฟ๐ฑ ๐ฝ๐ถ๐น๐น๐ฎ๐ฟ ๐ผ๐ณ ๐ถ๐๐ ๐ป๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น ๐ฒ๐ฐ๐ผ๐ป๐ผ๐บ๐.
It is great to see fellow Australians recognising the incredible potential of the Arabian Shield. This is a region that will help define the next decade of global mining.
โฆ.
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