Mining

Red Rock Drilling is carrying out the programme, with Saltbush Contracting having prepared the site.

Dump material at the historical Horn Silver Mine returned 1,495g/t silver, 0.41g/t gold and 0.47% antimony. The company says antimony had not previously been recognised at the project.

The initial programme comprises five holes for about 1,750 metres, with each hole planned to reach roughly 350 metres. The start follows minor delays to the mid-to-late October timetable the company had previously indicated.

Chalice lies about 75 kilometres northwest of Norseman and 27 kilometres west of Higginsville in the Eastern Goldfields. The wider belt has been brought together through an agreement for Corazon to acquire tenure and gold rights from Dynamic Metals (ASX:DYM).

The funding takes the form of a simple agreement for future equity (SAFE). Under the SAFE, the contribution may convert into shares in Zesty, theSubsidiaryCalix has set up to commercialise and license its green iron technology to the iron and steel industry. The agreement …

BHP has not released an ASX announcement on the MoU, which is consistent with a non-binding commercial framework that is not material to a company of its size.

The exploration target ranges from 13.2 million tonnes at 8.4% zinc equivalent in a low case to 17.1 million tonnes at 12.5% zinc equivalent in a high case. That implies contained metal of between 1,110 and 2,137 thousand tonnes of zinc equivalent.