Article
Mining & Metals AIM & Small Cap Ajax Resources Zinnwald Lithium

Mining Today: First Development Resources, Ajax Resources, Zinnwald Lithium, Total Graphite, Power Metal Resources, Talisman Metals, ECR Minerals, Beowulf Mining

by tickstock newsroom
The image features a metal square engraved with the symbol 'Ag', representing silver, placed among other similarly shaped dark metal squares. The focus is on the contrast between the shiny silver square and the matte black surrounding squares. aiImage created using AI — ChatGPT

A broad sweep of operational catalysts drives activity across the junior mining space, with permitting wins, sample programmes, and corporate milestones pushing several names higher. First Development Resources (AIM:FDR) Leads the charge after clearing the regulatory path to drill its flagship Australian gold target, while lithium, graphite, and copper plays each deliver their own incremental de-risking steps.

FDR clears the way for Lander West RC drilling

First Development Resources (AIM:FDR) Climbed 8.04% To 2.647p After receiving formal notice that Phase I RC drilling at the Lander West gold target within its 100%-owned Selta Project in Australia can now proceed. The green light removes a key near-term uncertainty for the explorer, which has been positioning Lander West as its primary drill-ready target.

Ajax takes Sardinian option on antimony and tungsten

Ajax Resources Has secured an exclusive option to acquire 100% Of Minerva Metals for €30,000, gaining rights to the Sèbera licence in Sardinia. The licence targets antimony, tungsten, and associated gold, critical and strategic minerals that have attracted growing investor attention as supply chains tighten globally.

Zinnwald lands tunnel permit for bulk sample extraction

Zinnwald Lithium (AIM:ZNWD) Edged up 1.96% To 5.9648p After securing a permit to construct an approximately 1km decline From a portal at the former Zinnwald Border Station in Saxony. The permit allows extraction of up to 2,000 tonnes Of bulk sample, a material step in de-risking the Zinnwald lithium project and advancing its engineering programme.

Total Graphite restarts Madagascar mining after fundraise

Total Graphite (AIM:TGR) Slipped 3.75% To 1.516p Despite announcing the resumption of mining and processing at its Vatomina flake graphite project in Madagascar. Operations had been suspended ahead of a fundraising completed at the end of March, and shipments have now restarted, with further plant restarts planned for June.

Power Metal clears permitting at Tati Gold in Botswana

Power Metal Resources (AIM:POW) Added 1.9% To 13.375p After securing both environmental approval and an access agreement for its 100%-owned Tati Gold Project in Botswana. The clearances allow a Tuscan-funded drilling programme to proceed, removing a key operational bottleneck at the project.

Talisman samples 700m strike at Moroccan copper-silver project

Talisman Metals (AIM:TLM) Rose 3.03% To 8.5p As the company reported channel, trench, and grab sampling at its newly acquired Tirzzit copper-silver project in Morocco. The samples, now dispatched for assay, cover a 700m tested strike Within a historically identified 4.6km mineralised horizon, with a drilling programme in preparation.

ECR Minerals crosses 94% acceptance threshold on Paleogold deal

ECR Minerals (AIM:ECR) Fell 3.81% To 0.2501p Despite confirming that its proposed Paleogold Transactions have cleared 94% acceptances. The deal adds hard-rock and alluvial assets to ECR's portfolio, with the company committing A$1m To immediate development work at the Maddens and Salt Bush prospects.

Beowulf presses on with NordicPipe after EIT exit

Beowulf Mining (AIM:BEM) Dropped 5.0% To 4.75p Across a busy day of newsflow. Its subsidiary Jokkmokk Iron Mines and consortium partners will continue developing the NordicPipe slurry pipeline concept independently after withdrawing from the EIT funding programme. Separately, Beowulf published a preliminary technical study for its Aitolampi graphite project in Finland, modelling a C.700,000 tpa Ore scenario and positioning the asset as a potential feedstock source for a planned anode materials plant at Kotka.

by tickstock newsroom