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NickelX shareholders approve Penny South acquisition, rebrand to Strata Minerals
Sep 17, 2024 • 9:48 PM
Mining & Resources

NickelX shareholders approve Penny South acquisition, rebrand to Strata Minerals

NickelX (ASX: NKL) shareholders have approved the acquisition of the Penny South gold project in Western Australia from Aurum Resources (ASX: AUE). Under the terms of the deal, completion of which is expected over the next few days, NickelX will pay Aurum a cash consideration of $60,000 and issue 3 million shares at $0.02 each […]

NickelX expands WA portfolio with acquisition of Penny South gold project
Aug 30, 2024 • 10:49 PM
Mining & Resources

NickelX expands WA portfolio with acquisition of Penny South gold project

NickelX (ASX: NKL) has continued to expand and diversify its global minerals portfolio with the signing of a binding agreement to acquire 100% of the promising Penny South gold project in Western Australia. Penny South is located just 550 metres south of the Penny West/North gold mine owned and operated by Ramelius Resources (ASX: RMS), […]

NickelX awaits key test results as Elliot Lake uranium project gains momentum
Jul 31, 2024 • 12:53 AM
Mining & Resources

NickelX awaits key test results as Elliot Lake uranium project gains momentum

A cashed-up NickelX (ASX: NKL) is preparing to accelerate work at its Elliot Lake uranium project in Ontario, Canada, with the company currently awaiting key test results from the first batch of samples from early-stage field programs at the site. NickelX will use the results to help determine the next phase of exploration for uranium […]

NickelX sets sights on new strategic horizons with $2m capital raise
Jul 17, 2024 • 9:41 PM
Mining & Resources

NickelX sets sights on new strategic horizons with $2m capital raise

NickelX (ASX: NKL) is entering a period of significant change with some extra padding in its war chest, thanks to a successful capital raise. Now under new management and with a proposed name change on the table, NickelX received strong support from institutional, sophisticated and professional investors to raise approximately $2 million via a placement […]

Canada expands official critical minerals list with three new additions
Jun 14, 2024 • 7:27 PM
Hot Topics

Canada expands official critical minerals list with three new additions

Canada, which is investing billions of dollars into developing a world-class critical minerals mining sector, has added high-purity iron, phosphorus and silicon metal to its official list of minerals designated. Canada has one of the world’s most comprehensive lists with 34 entries, including high-profile critical minerals such as copper, lithium, nickel, magnesium and uranium. The […]

NickelX continues push into uranium with increased acreage at Elliott Lake site
May 30, 2024 • 11:53 PM
Mining & Resources

NickelX continues push into uranium with increased acreage at Elliott Lake site

NickelX (ASX: NKL) has expanded its Elliot Lake uranium project in Canada by acquiring an additional 51 square kilometres through securing the rights to 11 multi-cell claims known as the Blind River Block. These claims are adjacent to the historic Pronto uranium mine and are reported to contain a substantial sequence of the Elliot Lake […]

NickelX appoints uranium specialist as managing director, signals shift in focus
May 28, 2024 • 8:00 PM
Mining & Resources

NickelX appoints uranium specialist as managing director, signals shift in focus

NickelX (ASX: NKL) has appointed well-known uranium and capital markets specialist Peter Woods as managing director to complement the company’s recent addition of a significant Canadian uranium asset. Mr Woods will initially undertake a strategic review of the company’s current uranium and gold exploration projects and assess other potential opportunities. He brings significant resources and […]

NickelX explores Canadian uranium opportunities, targeting Elliot Lake district
May 01, 2024 • 9:50 PM
Mining & Resources

NickelX explores Canadian uranium opportunities, targeting Elliot Lake district

NickelX (ASX: NKL) is preparing to start work at its new Canadian uranium project. Best known for its Western Australian exploration activities, the company added to its portfolio when it acquired rights to the highly prospective Elliot Lake uranium project in Ontario earlier this year. The project is located along strike from the well-known uranium […]

NickelX targets uranium riches with new claims in Canada’s historic Elliot Lake district
Feb 20, 2024 • 8:39 PM
Mining & Resources

NickelX targets uranium riches with new claims in Canada’s historic Elliot Lake district

NickelX (ASX: NKL) has released initial assay results from four highly-prospective uranium targets in Canada’s Elliot Lake district it recently secured the rights to via low-cost claim staking. Sparse historical drilling within NickelX’s tenure is reported to have intersected prospective, mineralised conglomerates which returned assays of 9 metres at 100 parts per million uranium oxide […]

NickelX identifies multiple nickel-copper-PGE anomalies at Dalwallinu project
Jun 08, 2023 • 11:23 AM
Mining & Resources

NickelX identifies multiple nickel-copper-PGE anomalies at Dalwallinu project

Assays from a recently completed infill auger drilling soil sampling at NickelX’s (ASX: NKL) Dalwallinu nickel project in Western Australia has returned multiple high-priority geochemical anomalies indicating nickel-copper-platinum group elements. The sampling was undertaken over a combined strike length of 12km, where the company is seeking Julimar-style mineralisation. Dalwallinu is located 208km northeast of Perth […]

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