Proactive news headlines including Lightning Minerals, Caspin Resources, Elixinol Wellness and Magmatic Resources

Sydney, Nov. 29, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:

• Lightning Minerals Ltd (ASX:L1M) has started an extensive soil sampling program across its flagship Dundas Project in Western Australia, targeting multiple minerals including a suite of critical minerals and lithium. Click here
• Caspin Resources Ltd (ASX:CPN) has delivered the best gold and molybdenum grades to date during a reconnaissance aircore drilling program at Duchess Prospect within the Mount Squires Project in the West Musgrave region of Western Australia. Click here
• Elixinol Wellness Ltd (ASX:EXL, OTCQB:ELLXF) is on its way to becoming a premium hemp and plant-based health and wellness company with access to the largest hemp farmer network in Australia through the proposed acquisition of The Sustainable Nutrition Group Ltd (TSN). Click here
• Magmatic Resources Ltd (ASX:MAG) continues to enhance the copper-gold prospectivity of its Myall Project in Central West New South Wales with a third consecutive plus-400-metre intersection returned from the Corvette Prospect and there is molybdenum to boot. Click here
• St George Mining Ltd (ASX:SGQ) is raising $7.2 million with a $2 million cornerstone commitment coming from global battery minerals investor Shanghai Jayson New Energy Materials Co., Ltd. Click here
• Latin Resources Ltd (ASX:LRS) delivered a 33% increase in the global mineral resource to 280 million tonnes of kaolinised granite in a mineral resource update at the Cloud Nine Halloysite‐Kaolin Deposit in Western Australia. Click here
• Andromeda Metals Ltd (ASX:ADN) continues to grow the kaolin and halloysite potential at its flagship Great White project in South Australia thanks to two emerging prospects. Click here
• Kingfisher Mining Ltd (ASX:KFM) has discovered a further 1 kilometre of high-grade rare earth element (REE) mineralisation at its 100%-owned Mick Well Project in the Gascoyne Mineral Field in Western Australia. Click here
• Stelar Metals Ltd (ASX:SLB) has secured an initial 6-year exploration licence (EL 6863) covering the historical Baratta Copper Mine, gaining control over a 1.5-kilometre-long structure interpreted to control copper mineralisation immediately adjacent to the company’s existing Baratta Project (EL 6803). Click here
• PVW Resources Ltd (ASX:PVW) has identified a new heavy rare earth breccia target at its Tanami Heavy Rare Earth and Gold Project in WA. Click here
• Incannex Healthcare Ltd (ASX:IHL, NASDAQ:IXHL) has engaged multinational contract development and manufacturing organisation (CDMO) Eurofins Scientific to manufacture the company’s topical ReneCann therapeutic cannabinoid formulation. Click here
• Newfield Resources Ltd (ASX:NWF) has entered an agreement with DelGatto Diamond Finance Fund (DDFF) for an initial amount of US$1.2 million (before costs), payable within 12 months from future diamond sales at the Tongo Diamond Mine in Sierra Leone. Click here
• Auric Mining Ltd (ASX:AWJ) will take total proceeds from its recent capital raising to $2.29 million, putting it in a strong position to advance exploration in the Widgiemooltha-Higginsville area of Western Australia. Click here
• Provaris Energy Ltd (ASX:PV1) could sign offtake agreements for green hydrogen from its Tiwi H2 project in the Northern Territory as early as next year, heralding a ‘game-changer’ for the company’s compressed hydrogen solution, according to a research report by Edison Investment Research Ltd. Click here
• Arovella Therapeutics Ltd (ASX:ALA) has received a refund of almost $1.05 million from the Australian Taxation Office under the R&D tax incentive scheme for the 2022 financial year. Click here
• Meeka Metals Ltd (ASX:MEK) has intersected a zone of shallow oxide gold mineralisation 320 metres northeast of the Driver lode of the St Anne’s prospect, delineating a new mineralised lode dubbed ‘Brassie’ within the greater Murchison Gold Project in Western Australia. Click here
• Alto Metals Ltd (ASX:AME) has been rewarded with more high-grade gold during reverse circulation (RC) drilling at the Sandstone Gold Project’s Indomitable camp in WA. Click here

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