Mining experts unite for 121 Mining Investment Conference

16 May 2024 09:54

As the 121 Mining Investment Conference kicks off today, mining leaders from around the world converge in London for this premier event spanning from May 15th to 16th.

Building on the success of previous years, the conference aims to draw in a diverse array of institutional investors and market analysts to engage in discussions about the mining sector.

Attendees can look forward to valuable networking opportunities, enhancing their understanding of the mining ecosystem and fostering productive connections.

Industry networking

The event strives to facilitate connections between various stakeholders in the mining industry.

Portfolio managers, analysts from institutional funds, private equity groups, family offices, and metals buyers, along with strategy teams from automobile Original Equipment Manufacturers (OEMs), will engage in private, in-person, or online meetings with mining company management teams.

This experience promises invaluable insights, aiming to heighten awareness of significant mining projects, deepen technical knowledge, and foster a comprehensive understanding of mining operations.

Attendees can anticipate gaining valuable insights into current and future developments within the minerals and mining sector, with participation from numerous professionals from renowned companies, many of whom manage highly diversified and global portfolios encompassing multiple commodities.

Castillo Copper

Among these companies, the Australian-based exploration company Castillo Copper (ASX:CCZ) stands out.

In addition to its Zimbabwe-based Mkushi Project, which ranks as the nation’s second-largest copper producer, Castillo also maintains a substantial Australian portfolio comprising NWQ, Cangai, and Broken Hill.

While Castillo’s primary goal is to develop multi-commodity assets showing future potential for economic mining operations, its current emphasis lies on the NWQ Project in QLD.

NWQ demonstrates significant prospectivity, prompting Castillo to strategise for ongoing exploration through the development of a comprehensive blueprint.

CZZ’s Australian Security Exchange-listed share price is currently trading at $0.009 (10:00 am UTC+ 8 hours).

Patriot Lithium

Patriot Lithium (ASX:PAT) boasts a substantial North American portfolio, highlighted by notable lithium projects such as Wickenburg, Tinton West, and Keystone in the USA, alongside the Gorman Project in Ontario, Canada.

With a particular focus on the Gorman Project, situated less than 70km from Frontier Lithium’s (CVE:FL) PAK/Spark deposit—one of North America’s largest high-grade lithium deposits—Patriot aims to emulate Frontier’s significant resources of 58.5Mt.

Patriot plans to achieve this through its recently approved Maiden drill program, featuring 1,500m of reverse circulation drilling scheduled for Gorman.

PAT’s Australian Security Exchange-listed share price is currently trading at $0.076 (10:00 am UTC+ 8 hours).

ADX Energy

Executives from ADX Energy (ASX:ADX), a Europe-focused oil and gas producer and exploration company, will also be present at 121.

ADX operates various projects across Austria, Italy, and Romania, with its Austrian portfolio gaining attention following a recent A$13.5 million Institutional Placement.

The company intends to utilise these funds to enhance exploration efforts at its notable Welchau-1 condensate and Anshof oil discovery in Upper Austria.

ADX’s Australian Security Exchange-listed share price is currently trading at $0.092 (10:00 am UTC+ 8 hours).

Indiana Resources

Exploration company Indiana Resources (ASX: IDA) is focused on enhancing the value of its portfolio tenements, comprising rare earths, gold, and base metals, primarily situated within South Australia’s highly prospective Central Gawler Craton Province.

Indiana’s Gawler-based projects, including Minos Rare Earth, Lake Labyrinth Shear Zone, Double Dutch, Earea Dam, and Boomerang, form the core of its operations, complemented by the Ntaka Hill Nickel Project in Tanzania.

With a successful first quarter under its belt, the company entered the second quarter with confidence, buoyed by the significant rare earth element (REE) potential uncovered at its Minos Project, evidenced by a 4.2% total rare earth oxide (TREO) flotation concentrate, aiming to sustain investor optimism.

IDA’s Australian Security Exchange-listed share price is currently trading at $0.081 (10:00 am UTC+ 8 hours).

Desert Metals

Desert Metals (ASX:DM1) emerges as another compelling company to watch at 121, boasting 7 gold and lithium projects spanning 2,769km² in Cote D’Ivoire, alongside its Western Australian Narryer Terrane projects.

Notably, Desert’s focus has recently turned to Cote D’Ivoire’s Tengrela South, following a discovery of 4m at 5.22 grams per tonne of gold at a depth of 36m.

Moreover, its Adzope Gold Project in Cote D’Ivoire has displayed promising potential, with the revelation of 5 gold-bearing quartz vein artisanal mining pits each more than 120m wide.

DM1’s Australian Security Exchange-listed share price is up 2.2% currently trading at $0.023 (10:00 am UTC+ 8 hours).

Thunderbird Resources

Thunderbird Resources (ASX:THB) hosts 5 uranium projects and two lithium projects in Canada’s highly prospective Thunder Bay and Athabasca regions, along with two copper projects in Peru.

Among these, Thunderbird’s Hidden Bay Uranium Project, spanning 31.9km² in the eastern Athabasca region, is particularly noteworthy, signalling a shift in focus following the company’s rebranding towards uranium.

With a newly acquired 3-year work permit, Thunderbird is poised for an ambitious drilling program to explore 5 key uranium targets within the Hidden Bay area, indicating a rising interest in the Project’s potential in the coming years.

THB’s Australian Security Exchange-listed share price is currently trading at $0.030 (10:00 am UTC+ 8 hours).

Tyranna Resources

Tyranna Resources (ASX: TYX), a lithium-focused exploration company, holds a diverse portfolio including its Australian-based Dragon and Knight Project, Weebo Gold Project, and Specific Express Nickel Project.

However, its current priority lies in the Namibe Lithium Project in Angola, where in 2022, the company secured an 80% interest through a strategic acquisition.

With Namibe’s highly promising location and Angola’s supportive exploration environment, the potential for high-grade lithium extraction is undeniable, supported by initial sampling results revealing 7.49% Li2O in Lithium-Caesium-Tantalum (LCT) pegmatites.

Tyranna aims to replicate the high-grade returns from the Project’s Muvero Prospect, known for its average lithium mineralisation intersection of 1.54% Li2O per metre.

TYX’s Australian Security Exchange-listed share price is currently trading at $0.009 (04:15 pm UTC+ 8 hours).

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