Mandrake Resources Ltd
Mandrake Resources Limited is an Australia-based explorer focused on advancing its lithium project in the Paradox Basin in south-eastern Utah, United States.
The business
Mandrake Resources Limited is an Australia-based explorer focused on advancing its lithium project in the Paradox Basin in south-eastern Utah, United States. The Company’s segments include Utah Lithium Project, Jimperding Ni-Cu-PGE Project and Berinka Pine Creek Gold Project. The Utah Lithium Project is located in the Paradox Basin in south-eastern Utah and covers approximately 93,755 acres. The Utah Lithium Project also incorporates the Lisbon Valley uranium mining district. The Jimperding Project lies approximately 30 kilometers (km) east of Chalice Gold Mines Limited’s (Chalice) Julimar Ni-Cu-PGE discovery in the Jimperding Metamorphic Belt located 70 km northeast of Perth. Berinka Pine Creek Gold Project covers an approximately 289km2 exploration license in the under-explored western limb of the Pine Creek Orogen, Northern Territory, 180 km south of Darwin.
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Latest news
Volt Lithium partners with Canadian research labs to unlock lithium riches from oilfield brine
Technology and ESG-focused Volt Lithium Corp (TSX-V: VLT) is calling on the expertise of two leading Canadian research labs to help it unlock an issue, which could potentially unlock future lithium riches, while clearing up a significant environmental issue. The two research labs located within the University of Alberta (U of A) campus have agreed […]
Chalice Mining debuts ‘tier-one’ maiden resource for Gonneville as surrounding explorers hope for similar discovery
Western Australia’s Julimar region has seen a resurgence in exploration activity following Chalice Mining’s (ASX: CHN) initial Gonneville discovery in early 2020, with the company revealing a “tier-one” maiden resource for the deposit earlier this week. Gonneville is part of Chalice’s wider Julimar nickel-copper and platinum group element (PGE) project about 70km northeast of Perth. […]
Chalice Gold’s Julimar discovery acts as magnet as junior explorers rush to peg surrounding ground
Late on Friday Enegex (ASX: ENX) announced it had applied for more ground in the South West Terrane of Western Australia, seeking to take its land holding from 1,994 square kilometres to 3,550sq km. Then, on Monday, it went into a trading halt ahead of a capital raising. On Tuesday, the company revealed it had […]
Mandrake Resources returns high palladium, platinum figures near Julimar discovery
Mandrake Resources (ASX: MAN) has reported assays of rock chip samples from its Newleyine prospect in Western Australia showing concentrations of platinum and palladium that have exceeded expectations. The company said assays of up to 0.36 grams per tonne of palladium, 0.27g/t platinum, 0.5% nickel and 0.19% copper confirm Newleyine is “highly fertile” for mineralisation […]
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