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Tag: Millennium

Millennium graphite core. Image from Metal Bank ASX announcement

Drill results add spark to Millennium graphite hopes

Written by dev on . Posted in All News.

A diamond drilling program has delivered high-grade graphite intersections near surface at the Millennium project in North-West Queensland.

Highlights include 13.1m at 12.23 per cent TGC (total graphitic carbon) from 1m in drillhole MI25DD03 and 30.85m at 14.11 per cent TGC from 60.4m in MI25DD04.

Drilling and assaying for the critoical battery metal at Millennium was majority funded under a $275,000 Collaborative Exploration Initiative (CEI) grant.

Key points:

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Metal Bank eyes Rocklands processing route

Written by dev on . Posted in All News, Processing / Manufacturing.

Metal Bank has joined the line of junior miners signing up for potential toll treatment at Austral Resources' Rocklands processing facility in North-West Queensland.

Metal Bank (ASX:MBK) holds the advanced Millennium cobalt-copper-gold project, within 20km of Rocklands, in joint venture with Global Energy Metals.

It has entered a non-binding MOU to evaluate potential toll treatment at Rocklands, in a move Austral (ASX:AR1) describes as another positive step towards consolidation in the Cloncurry and Mount Isa region.

Key points:

    Millennium core review comes up trumps for graphite

    Written by dev on . Posted in All News, Copper, Exploration, Gold, Processing / Manufacturing.

    A trawl through 2022 drilling samples from the Millennium project in North-West Queensland has turned up thick, high-grade graphite intersections.

    Metal Bank initiated the program to re-assay selected copper-cobalt-gold core samples after recent drilling results highlighted the presence of the key battery metal in the deposit.

    The project stands in a potential graphite development hot spot for Queensland, with nearby graphite sites including the Corella, Burke and Mount Dromedary deposits.

    Significant results from the re-assay program included:

    • 56m at 18.29 per cent graphite from 66m

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PIMS taps Komatsu for Millennium fleet

Written by dev on . Posted in All News, Coal, Processing / Manufacturing.

Global manufacturer Komatsu is equipping Mackay-based PIMS Group to deliver on its $425 million contract to provide underground mining services at the Millennium and Mavis Downs coal complex near Moranbah.

Komatsu said it would be providing a full-time preventative maintenance team at the mine sites to help maximise the operation of the eight pieces of equipment now on order, including two 12CM27 continuous miners, four 10SC32 shuttle cars, one feeder breaker and one multibolter.

Delivery of the Komatsu machines is due in mid-2022 to coincide with . . .

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Explorer looks to ‘next-step’ options for cobalt projects

Written by dev on . Posted in All News, Copper, Energy, Exploration, Gold.

Global Energy Metals says it is weighing up 'next-step options', including new strategic partnerships, to advance its portfolio of copper-cobalt-gold projects in North-West Queensland.

It comes as it continues to work towards a royalty sale to Electric Royalties after receiving Australian Financial Investment Review Board approval.

Global Energy Metals has established tenement holdings totalling 2560ha across the Mount Isa and Cloncurry district through subsidiary Element Minerals Australia, including properties with significant cobalt exploration potential.

Key assets include the Millennium, Mount Dorothy and Cobalt Ridge projects.

In a project update, the company said exploration to date had. . .

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Millennium cobalt project scores high recovery rates

Written by dev on . Posted in All News, Copper, Energy, Gold, Processing / Manufacturing.

Exceptional cobalt, copper and gold recovery results have emerged for the Millennium project in North-West Queensland.

Project owner Global Energy Metals reported the results after testwork completed by Cobalt Blue Holdings using its processing technology.

The work showed that high-grade copper and cobalt concentrates could be readily floated from samples from the  Millennium deposit.

It achieved float recoveries of 93 per cent cobalt, 93 per cent copper, and 80 per cent gold into concentrates.

Cobalt Blue Process successfully treated the cobalt concentrate for extraction of 90 per cent cobalt, 95 per cent copper, with 90 per cent. . .

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