Former Tesla director joins the workforce of lithium explorer Vulcan Power
Belated Tesla ‘Battery Day’ point out sends lithium play Jindalee Sources rocketing
Information circulation from gold stocks First Au and Dreadnought Sources excites buyers
Right here’s your high ASX small cap sources winners in morning commerce Friday, September 25.
A former Tesla director has joined the workforce of supercharged lithium explorer Vulcan Power (ASX:VUL).
Jochen Rudat, ex-Tesla director for Central Europe, was answerable for the launch of Tesla’s varied models within the area.
He spent 10 years with Tesla, throughout a part of which era he reported on to Elon Musk, Vulcan says.
Vulcan, which has kicked off a venture pre-feasibility examine on its distinctive, very giant lithium-rich geothermal brine venture in Germany, has been actively bolstering its management workforce.
“Jochen will work alongside and complement our business development team led by Vincent Pedailles, providing his expert industry insight as we explore offtake agreements and strategic partnerships surrounding our world-first Zero Carbon Lithium product, process and project in Europe,” Vulcan managing director Dr Francis Wedin says.
The stock is now up +500 per cent over the previous six months. Not unhealthy for a battery metals play.
Vulcan (ASX:VUL) share price chart
A belated Tesla ‘Battery Day’ point out has despatched US lithium explorer Jindalee Sources (ASX:JRL) rocketing in early commerce.
“Tesla has recognised the potential of sediment hosted lithium deposits, such as Jindalee’s McDermitt project in Oregon, to provide a long life and low-cost source of lithium to the US electric vehicle battery market,” the corporate says.
McDermitt additionally occurs to be fairly near Tesla’s Gigafactory.
Jindalee (ASX:JRE) share price chart
First Au’s (ASX:FAU) historic ‘Haunted Stream’ gold venture space has now gained approval from the Victorian authorities.
The granting of Haunted Stream is the ultimate situation to the First AU’s acquisition of personal firm Victorian Goldfields.
Historic mine data courting again so far as the 1880s present ore being extracted from Haunted Stream at above 1 ounce per tonne, the corporate says.
There’s restricted to no drilling to successfully take a look at these previous mines at depth. An preliminary subject work program will kick off subsequent week.
First Au (ASX:FAU) share price chart
Supercharged WA gold explorer Dreadnought Sources (ASX:DRE) is now up 820 per cent over the previous six months.
The spark is Metzke’s Discover, the place Dreadnought has continued to hit thick, shallow and excessive grade gold.
The primary eight holes of this system all hit the gold lode, with intercepts together with a spotlight 4m at 19.9 g/t, 45m from floor.
“We have now confirmed high-grade intercepts from ~20m to ~120m in depth and along 280m of strike,” Dreadnought managing director Dean Tuck says.
“There are an extra 9 holes on the lab which is able to add additional intercepts at depth and to the south.
“We are looking forward to the results from these nine holes as well as our first holes at Longmore’s Find and Black Oak.”
Dreadnought (ASX:DRE) share price chart
Up on no information:
Struggling miner Heron Sources (ASX:HRR) has been working the ruler over potential refinancing, three way partnership, or sale choices for its mothballed Woodlawn zinc-copper venture in NSW.
Heron (ASX:HRR) share price chart
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