SCOPING STUDY

Today PRL has announced the results of its HyEnergy Scoping Study. Read our full analysis and deep dive into the numbers...

Province Resources (ASX:PRL) has emerged from its “quiet execution phase” with a broad operational update on its ​​HyEnergy Zero Carbon Hydrogen™ Project this morning, and should also be supported by clean energy tailwinds in the mainstream media this week.

Superior Resources Limited (ASX: SPQ) has announced the results of a Scoping Study conducted on the Steam Engine Gold Deposit, highlighting an opportunity to develop the project as a low CAPEX, financially and technically robust open pit mining and toll treatment operation.

Latin Resources (ASX: LRS) has received the majority of the test-work results from the Noombenberry Halloysite-Kaolin Project ahead of its resource estimate. These results from the Noombenberry Project are proving to show some of the highest grade Halloysite and Kaolin assays in Australia.

On the back of positive exploration results, PolarX (ASX: PXX) Limited is planning a scoping study at its Zackly project in Alaska.

Minbos Resources has executed the Mineral Investment Contract required for the Cabinda Phosphate Project in Angola

Superior Resources (ASX: SPQ) has delivered highly promising results from the first assays from drilling at the Steam Engine deposit

The pre-feasibility is an early-stage analysis of a potential mining project. The PFS is designed to provide company stakeholders with key information such as logistics, capital requirements, and key challenges; all needed to help guide the decision-making process.

We currently think Minbos Resources (ASX: MNB) is the most undervalued stock in our portfolio, given their progress since we first invested. MNB recently released a Scoping Study, which estimated an after tax Net Present Value (NPV) of between US$159 and US$260M.

Superior Resources Limited (ASX: SPQ) will begin its second drilling program next month at the Steam Engine Gold Deposit in north Queensland – a follow-on from the recently completed 3,756 metre Resource drilling program.

Superior Resources (ASX: SPQ) Limited has released further promising assay results from recent drilling at the Steam Engine Gold Deposit.

On Monday, Minbos (ASX: MNB) announced the appointment of DRA Global to provide engineering and design services for the Cabinda Project as it kicks its DFS into gear.

Superior Resources (ASX: SPQ) has released highly promising initial assays from its drilling program at the Steam Engine Gold Deposit

Superior Resources (ASX: SPQ) has reported promising results from field work 1.2 kilometres east of the Eastern Ridge gold lode.

Minbos (ASX: MNB) has signed a contract with FEECO International for the basic engineering package for the Cabinda Phosphate Project.

We have recently made a large, long term investment in Minbos Resources Ltd (ASX: MNB), a $11M capped company that has a world-class phosphate ore project within the Cabinda Province of Angola, which has just released a highly positive Scoping Study.

Vulcan Energy Resources Ltd (ASX: VUL) confirmed the commencement of lithium processing test work at its Vulcan Zero Carbon Lithium™ Project in Germany.

Hartleys’ resources analyst Paul Howard has released an upbeat report on Matador Mining Ltd (ASX:MZZ), valuing its assets at 43 cents per share.