With a market capitalisation of $19.5 million, Thundelarra is well leveraged to exploration success – notable examples over the past few years include Sandfire’s DeGrussa VHMS discovery, which took the price from $0.05 to $4.08 on the initial run, with subsequent movements to over $8.00/share.

Caravel’s activities are focussed on the Calingiri Copper-Molybdenum Project, located 150km by road northeast of Perth in the wheat belt of Western Australia. With a resource of 251Mt grading at 0.38% copper equivalent and containing 844kt of copper.

$1 million exploration programme under way over the lithium properties and exploration, including drilling, expected at Rocky Gully. We expect the next significant news from Admiral Bay will involve the signing up of a partner to progress the Pre- Feasibility Study.

Venturex owns 100% of two major copper zinc assets in the Pilbara Region of Western Australia. Each property has highly prospective projects on approved mining leases with no native title issues, together with extensive surrounding land holdings. Sulphur Springs has been completed to De nitive Feasibility Stage

The company is seeking to roll out the technology to industrial operations to improve the energy efficiency at their operations. The technology can be used across a range of industries and is most effective for low temperature heat sources of less than 500°F. The technology is commercially viable with the technology currently being used or deployed in 15 plants across the world.