Latest news with #Encounter
West Australian
4 days ago
- Business
- West Australian
ASX Big Hits: Encounter, Nimy Resources and Hyterra
Bulls N' Bears Big Hits examines some recent notable drilling intercepts revealed on the ASX, including Encounter Resources' high-grade niobium hit at its Joyce project in Western Australia's West Arunta region. Other interesting results were reported by Nimy Resources at its Mons gallium project, and Hyterra Limited landed a helium hit at its Nemaha gas field project in the US state of Kansas. Company: Encounter Resources (ASX: ENR) Project: Aileron project, West Arunta, WA Hit: 9m @ 2.2% niobium pentoxide from 120m to end-of-hole (EOH) Encounter Resources has reported high-grade niobium oxide mineralisation from an early air core drilling program at its Joyce prospect, part of the company's Aileron project in WA's West Arunta region. The first line of regional drilling in the 2025 season intersected 9 metres at 2.2 per cent niobium oxide from 120m to the end-of-hole in one hole, validating Encounter's targeting model for the carbonatite complex. At 6 kilometres east of the company's Green deposit, which totals 12.1 million tonnes averaging 1.63 per cent niobium oxide, Joyce highlights the broader potential of the mineralised system. In late 2024, two reconnaissance air core traverses spaced 1.6km apart at Joyce identified a carbonatite complex with strong niobium and rare earth anomalies. The company's 2025 air core drilling program kicked off with 800m-spaced drill lines. While the reported intercept hole terminated at 129m due to the limits of rig penetration, the hole intersected mineralisation in the upper saprolite zone, beneath transported sand and clay. Preliminary pXRF analysis flagged significant niobium, which was confirmed by expedited laboratory analysis. The company's systematic exploration includes 15 priority targets across its West Arunta tenure for 2025. The air core rig has completed the first pass program at Joyce, with assays expected in August, and was then remobilised to Encounter's Steller prospect, 15km north along the Elephant Island Fault. The Elephant Island Fault hosts the Crean deposit, which comprises 3.5Mt of ore averaging 1.92 per cent niobium pentoxide. Encounter's next steps at Joyce will involve mobilising a reverse circulation rig to test the depth and width of high-grade zones, alongside ground gravity and passive seismic surveys to map deeper weathering and metal enrichment, following a trial at the Green prospect. Encounter's 40,000m drill program underscores its focus on uncovering major niobium and copper deposits in Australia's prospective mineral belts. With niobium's critical role in advanced technologies and Joyce's high-grade results, Encounter is well-positioned to capitalise on growing global demand for critical minerals. If successful, the exploration could potentially establish Encounter's Aileron project as a significant contributor to the niobium supply chain. Company: Nimy Resources (ASX: NIM) Project: Mons Project, Block 3, gallium project Location: 370km north-east of Perth Hit: 240m at 55g/t gallium oxide from surface to EOH, including 56m at 101g/t gallium oxide from 60m Peak value: 1m at 285g/t gallium oxide from 115m Nimy Resources has reported exceptional gallium oxide results from its Mons project, 140km north-northwest of Southern Cross in WA. Gallium metal and its oxide comprise a critical yet lesser-known commodity, increasingly vital due to their roles in technology - particularly amid recent supply constraints. China controls 98 per cent of global refined gallium products but imposed export controls in August 2023, triggering price spikes and supply chain concerns. Nimy's phase two reverse circulation drilling program at its Block 3 prospect delivered remarkable gallium oxide grades across four 240m-deep holes. The stand-out hole averaged 55 grams per tonne (g/t) gallium oxide - equivalent to 41g/t gallium metal, using a 1.3442 conversion factor - from surface to end-of-hole. The mineralisation remains open. The hole included 56m at 101g/t gallium oxide from 60m, a peak 1m interval of 285g/t gallium oxide from 115m, and a 4m composite of 126g/t gallium oxide from 188m. The final 20m averaged 30g/t gallium oxide across five 4m composites. The second hole yielded two high-grade zones: 20m at 102g/t gallium oxide from 40m, peaking at 141g/t gallium oxide over 4m from 56m, and 36m at 104g/t gallium oxide from 112m, with a peak 1m interval of 376g/t gallium oxide from 117m. The third hole intersected 28m at 59g/t gallium oxide from 216m to end-of-hole. The fourth hole returned 8m at 108g/t gallium oxide from 144m, with a peak 1m interval of 184g/t gallium oxide from 145m, and 20m at 63g/t gallium oxide from 220m to end-of-hole. Average grades for the three other holes were 57g/t, 37g/t, and 30g/t gallium oxide over their 240m lengths. These results, with mineralisation open in all directions, highlight Block 3's potential to meet soaring global gallium demand. Nimy plans to deliver an initial mineral resource estimate in the December quarter, following assays from its phase three program. Ongoing exploration is targeting extensions of the gallium-hosting chlorite schist, with mineralisation identified beyond current limits, suggesting resource expansion potential. Despite gallium's relative abundance in the Earth's crust, widely estimated at 19 parts per million of the elemental metal, economically viable deposits are rare, making Nimy's high-grade, coherent mineralised system a promising contributor to the West's gallium supplies. Company: Hyterra Ltd (ASX: HYT) Project: Nemaha project, Kansas, the United States Hit: High helium concentrations up to 4.4% in mud gas samples at Blythe 13-20 well. Hyterra Limited reported an exceptional helium discovery at its Nemaha project in Kansas, with mud gas samples from its Blythe 13-20 well showing helium concentrations up to 4.4 per cent. This is a significant find, surpassing typical helium levels in the region and marking a rare occurrence for Kansas, where helium concentrations in the Hugoton gas field typically range from 0.25 per cent to 2.5 per cent. Helium, a colourless, odourless, non-toxic and inert noble gas, is the second most abundant element in the universe, but it is rare on Earth. Formed as a by-product of radioactive decay, it is a non-renewable resource typically extracted from natural gas deposits. Its unique properties, including an extremely low boiling point of -268.9°C, make it irreplaceable in semiconductors, aerospace, MRI technology and quantum computing. The global helium shortage underscores the value of this discovery. Kansas is a strategic hub for US helium production, supported by a robust regulatory environment and decades of expertise from the Hugoton field. The first significant helium discovery in Dexter, Kansas, in 1903 with a 1.84 per cent helium concentration. Dexter lies south of Blythe 13-20 near the Nemaha Ridge. Kansas currently hosts eight helium production plants, reinforcing its dominance in domestic supply. The Blythe 13-20 well will transition to an appraisal phase in the coming weeks, with downhole monitoring equipment installed to gather data for an initial testing program. This discovery strengthens Hyterra's position in meeting growing helium demand, particularly for healthcare, which amounts to 32 per cent of US consumption, mainly for MRI cooling. With no viable substitutes, helium's critical role in advanced industries highlights the significance of this high-grade find. Is your ASX-listed company doing something interesting? Contact:
Sydney Morning Herald
4 days ago
- Business
- Sydney Morning Herald
ASX Big Hits: Encounter, Nimy Resources and Hyterra
Preliminary pXRF analysis flagged significant niobium, which was confirmed by expedited laboratory analysis. The company's systematic exploration includes 15 priority targets across its West Arunta tenure for 2025. The air core rig has completed the first pass program at Joyce, with assays expected in August, and was then remobilised to Encounter's Steller prospect, 15km north along the Elephant Island Fault. The Elephant Island Fault hosts the Crean deposit, which comprises 3.5Mt of ore averaging 1.92 per cent niobium pentoxide. Encounter's next steps at Joyce will involve mobilising a reverse circulation rig to test the depth and width of high-grade zones, alongside ground gravity and passive seismic surveys to map deeper weathering and metal enrichment, following a trial at the Green prospect. Encounter's 40,000m drill program underscores its focus on uncovering major niobium and copper deposits in Australia's prospective mineral belts. With niobium's critical role in advanced technologies and Joyce's high-grade results, Encounter is well-positioned to capitalise on growing global demand for critical minerals. If successful, the exploration could potentially establish Encounter's Aileron project as a significant contributor to the niobium supply chain. Company: Nimy Resources (ASX: NIM) Project: Mons Project, Block 3, gallium project Location: 370km north-east of Perth Hit: 240m at 55g/t gallium oxide from surface to EOH, including 56m at 101g/t gallium oxide from 60m Peak value: 1m at 285g/t gallium oxide from 115m Nimy Resources has reported exceptional gallium oxide results from its Mons project, 140km north-northwest of Southern Cross in WA. Gallium metal and its oxide comprise a critical yet lesser-known commodity, increasingly vital due to their roles in technology - particularly amid recent supply constraints. China controls 98 per cent of global refined gallium products but imposed export controls in August 2023, triggering price spikes and supply chain concerns. Nimy's phase two reverse circulation drilling program at its Block 3 prospect delivered remarkable gallium oxide grades across four 240m-deep holes. The stand-out hole averaged 55 grams per tonne (g/t) gallium oxide - equivalent to 41g/t gallium metal, using a 1.3442 conversion factor - from surface to end-of-hole. The mineralisation remains open. The hole included 56m at 101g/t gallium oxide from 60m, a peak 1m interval of 285g/t gallium oxide from 115m, and a 4m composite of 126g/t gallium oxide from 188m. The final 20m averaged 30g/t gallium oxide across five 4m composites. The second hole yielded two high-grade zones: 20m at 102g/t gallium oxide from 40m, peaking at 141g/t gallium oxide over 4m from 56m, and 36m at 104g/t gallium oxide from 112m, with a peak 1m interval of 376g/t gallium oxide from 117m. The third hole intersected 28m at 59g/t gallium oxide from 216m to end-of-hole. The fourth hole returned 8m at 108g/t gallium oxide from 144m, with a peak 1m interval of 184g/t gallium oxide from 145m, and 20m at 63g/t gallium oxide from 220m to end-of-hole. Average grades for the three other holes were 57g/t, 37g/t, and 30g/t gallium oxide over their 240m lengths. These results, with mineralisation open in all directions, highlight Block 3's potential to meet soaring global gallium demand. Nimy plans to deliver an initial mineral resource estimate in the December quarter, following assays from its phase three program. Ongoing exploration is targeting extensions of the gallium-hosting chlorite schist, with mineralisation identified beyond current limits, suggesting resource expansion potential. Despite gallium's relative abundance in the Earth's crust, widely estimated at 19 parts per million of the elemental metal, economically viable deposits are rare, making Nimy's high-grade, coherent mineralised system a promising contributor to the West's gallium supplies. Company: Hyterra Ltd (ASX: HYT) Project: Nemaha project, Kansas, the United States Hit: High helium concentrations up to 4.4% in mud gas samples at Blythe 13-20 well. Hyterra Limited reported an exceptional helium discovery at its Nemaha project in Kansas, with mud gas samples from its Blythe 13-20 well showing helium concentrations up to 4.4 per cent. This is a significant find, surpassing typical helium levels in the region and marking a rare occurrence for Kansas, where helium concentrations in the Hugoton gas field typically range from 0.25 per cent to 2.5 per cent. Helium, a colourless, odourless, non-toxic and inert noble gas, is the second most abundant element in the universe, but it is rare on Earth. Formed as a by-product of radioactive decay, it is a non-renewable resource typically extracted from natural gas deposits. Its unique properties, including an extremely low boiling point of -268.9°C, make it irreplaceable in semiconductors, aerospace, MRI technology and quantum computing. The global helium shortage underscores the value of this discovery. Kansas is a strategic hub for US helium production, supported by a robust regulatory environment and decades of expertise from the Hugoton field. The first significant helium discovery in Dexter, Kansas, in 1903 with a 1.84 per cent helium concentration. Dexter lies south of Blythe 13-20 near the Nemaha Ridge. Kansas currently hosts eight helium production plants, reinforcing its dominance in domestic supply. The Blythe 13-20 well will transition to an appraisal phase in the coming weeks, with downhole monitoring equipment installed to gather data for an initial testing program. This discovery strengthens Hyterra's position in meeting growing helium demand, particularly for healthcare, which amounts to 32 per cent of US consumption, mainly for MRI cooling. With no viable substitutes, helium's critical role in advanced industries highlights the significance of this high-grade find.
The Age
4 days ago
- Business
- The Age
ASX Big Hits: Encounter, Nimy Resources and Hyterra
Preliminary pXRF analysis flagged significant niobium, which was confirmed by expedited laboratory analysis. The company's systematic exploration includes 15 priority targets across its West Arunta tenure for 2025. The air core rig has completed the first pass program at Joyce, with assays expected in August, and was then remobilised to Encounter's Steller prospect, 15km north along the Elephant Island Fault. The Elephant Island Fault hosts the Crean deposit, which comprises 3.5Mt of ore averaging 1.92 per cent niobium pentoxide. Encounter's next steps at Joyce will involve mobilising a reverse circulation rig to test the depth and width of high-grade zones, alongside ground gravity and passive seismic surveys to map deeper weathering and metal enrichment, following a trial at the Green prospect. Encounter's 40,000m drill program underscores its focus on uncovering major niobium and copper deposits in Australia's prospective mineral belts. With niobium's critical role in advanced technologies and Joyce's high-grade results, Encounter is well-positioned to capitalise on growing global demand for critical minerals. If successful, the exploration could potentially establish Encounter's Aileron project as a significant contributor to the niobium supply chain. Company: Nimy Resources (ASX: NIM) Project: Mons Project, Block 3, gallium project Location: 370km north-east of Perth Hit: 240m at 55g/t gallium oxide from surface to EOH, including 56m at 101g/t gallium oxide from 60m Peak value: 1m at 285g/t gallium oxide from 115m Nimy Resources has reported exceptional gallium oxide results from its Mons project, 140km north-northwest of Southern Cross in WA. Gallium metal and its oxide comprise a critical yet lesser-known commodity, increasingly vital due to their roles in technology - particularly amid recent supply constraints. China controls 98 per cent of global refined gallium products but imposed export controls in August 2023, triggering price spikes and supply chain concerns. Nimy's phase two reverse circulation drilling program at its Block 3 prospect delivered remarkable gallium oxide grades across four 240m-deep holes. The stand-out hole averaged 55 grams per tonne (g/t) gallium oxide - equivalent to 41g/t gallium metal, using a 1.3442 conversion factor - from surface to end-of-hole. The mineralisation remains open. The hole included 56m at 101g/t gallium oxide from 60m, a peak 1m interval of 285g/t gallium oxide from 115m, and a 4m composite of 126g/t gallium oxide from 188m. The final 20m averaged 30g/t gallium oxide across five 4m composites. The second hole yielded two high-grade zones: 20m at 102g/t gallium oxide from 40m, peaking at 141g/t gallium oxide over 4m from 56m, and 36m at 104g/t gallium oxide from 112m, with a peak 1m interval of 376g/t gallium oxide from 117m. The third hole intersected 28m at 59g/t gallium oxide from 216m to end-of-hole. The fourth hole returned 8m at 108g/t gallium oxide from 144m, with a peak 1m interval of 184g/t gallium oxide from 145m, and 20m at 63g/t gallium oxide from 220m to end-of-hole. Average grades for the three other holes were 57g/t, 37g/t, and 30g/t gallium oxide over their 240m lengths. These results, with mineralisation open in all directions, highlight Block 3's potential to meet soaring global gallium demand. Nimy plans to deliver an initial mineral resource estimate in the December quarter, following assays from its phase three program. Ongoing exploration is targeting extensions of the gallium-hosting chlorite schist, with mineralisation identified beyond current limits, suggesting resource expansion potential. Despite gallium's relative abundance in the Earth's crust, widely estimated at 19 parts per million of the elemental metal, economically viable deposits are rare, making Nimy's high-grade, coherent mineralised system a promising contributor to the West's gallium supplies. Company: Hyterra Ltd (ASX: HYT) Project: Nemaha project, Kansas, the United States Hit: High helium concentrations up to 4.4% in mud gas samples at Blythe 13-20 well. Hyterra Limited reported an exceptional helium discovery at its Nemaha project in Kansas, with mud gas samples from its Blythe 13-20 well showing helium concentrations up to 4.4 per cent. This is a significant find, surpassing typical helium levels in the region and marking a rare occurrence for Kansas, where helium concentrations in the Hugoton gas field typically range from 0.25 per cent to 2.5 per cent. Helium, a colourless, odourless, non-toxic and inert noble gas, is the second most abundant element in the universe, but it is rare on Earth. Formed as a by-product of radioactive decay, it is a non-renewable resource typically extracted from natural gas deposits. Its unique properties, including an extremely low boiling point of -268.9°C, make it irreplaceable in semiconductors, aerospace, MRI technology and quantum computing. The global helium shortage underscores the value of this discovery. Kansas is a strategic hub for US helium production, supported by a robust regulatory environment and decades of expertise from the Hugoton field. The first significant helium discovery in Dexter, Kansas, in 1903 with a 1.84 per cent helium concentration. Dexter lies south of Blythe 13-20 near the Nemaha Ridge. Kansas currently hosts eight helium production plants, reinforcing its dominance in domestic supply. The Blythe 13-20 well will transition to an appraisal phase in the coming weeks, with downhole monitoring equipment installed to gather data for an initial testing program. This discovery strengthens Hyterra's position in meeting growing helium demand, particularly for healthcare, which amounts to 32 per cent of US consumption, mainly for MRI cooling. With no viable substitutes, helium's critical role in advanced industries highlights the significance of this high-grade find.
Indian Express
10-07-2025
- Entertainment
- Indian Express
Song Hye Kyo names the K-drama that made her quit love stories for good: ‘I stopped feeling excited ever since…'
Song Hye Kyo ruled the screen as a queen of romance for decades. Her name alone could pull any rom-com or mellow drama, making her one of South Korea's highest-paid female stars. But in recent years, her career trajectory has completely shifted, leaving fans wondering and waiting for her to return to her old groove. Now in her 40s, Song says love stories just don't excite her anymore. In a rare appearance on musician Jung Jae Hyung's YouTube talk show, she opened up about her recent choices and how her transformative role in Netflix's 2022 hit changed her point of view. When Song showed up on the talk show, she was promoting her supernatural thriller Dark Nuns, marking her return to films after 11 years. While she stayed active in K-dramas, her screen time was way less than expected, just two mellow dramas (Encounter and Now, We Are Breaking Up), and a full stop on rom-coms ever since Descendants of the Sun shot her to global fame, back when OTT wasn't even a thing. Dark Nuns comes right after the massive success of Netflix's 2022 hit The Glory, the revenge-driven K-drama that turned out to be another blockbuster in Song's career, and arguably the reason she decided to lean deeper into darker roles. Also read: Song Hye Kyo reveals filmmaker tried to confiscate her passport after sensing she wanted to escape: 'I was stuck for three years' She admitted she might not return to love stories anytime soon. 'Personally, I really love melodramas. It's just that I stopped feeling excited about acting after doing them for so long,' she said. 'After finishing The Glory, I didn't want to go back to a love story again.' These days, she's more drawn to genre-based scripts. After seeing the popularity of The Priests, she considered doing the sequel. 'There was some pressure about that,' Song said, adding that the occult genre already has a loyal fanbase. Still, she wanted to give it a shot. 'It's a type of acting I've never tried before… I feel excited about seeing a new side of myself.' Also read: Park Bo Young wanted to run away on first day of Netflix's Our Unwritten Seoul: 'I was scared viewers wouldn't see…' Song debuted in the acting scene during her teen years with the show Soonpoong Clinic. Ever since, her natural beauty and sea-like eyes had her typecast in romance shows, something she was ready to break out of after a long hiatus from acting, determined to make a proper comeback. In an earlier interview with a Korean media outlet, Song said, 'Honestly, when I was younger, my focus when watching my projects was on how I looked on screen. Whether I appeared pretty or not was my top priority.' She added, 'Of course, I still want to look good, but now my perspective has shifted. What matters most to me now is whether my performance has been captured well and if I've conveyed what I intended. Looking pretty or not just doesn't feel as important to me anymore,' according to Chosun Biz. The actor now single-handedly carries the entire K-drama on her shoulders while taking home some of the biggest paychecks in the industry. On the work front, Song Hye Kyo is gearing up for a business K-drama alongside Goblin star Gong Yoo. The series is penned by Noh Hee-kyung and will revolve around professionals in the entertainment industry, focusing on the ones behind the scenes, set in the 1960s and 1980s
New Statesman
02-07-2025
- Politics
- New Statesman
Letter of the week: Labour's sorry stories
Photo by Nicola Margaret / Getty Images Andrew Marr is right about external shocks remaking countries (Cover Story, 27 June). But gifted politicians show countries how to adapt and survive them. Lloyd George in the First World War, Churchill in the Second, and Bevin and Bevan in 1945 all explained problems and solutions in simple, memorable terms. Not everyone agreed with them, but everyone knew what they were trying to do. Labour must urgently learn from their example. The Prime Minister and the Chancellor are hard-working managers, but colourless and cardboard communicators. Neither seems to have (or be capable of conveying) a clear and compelling vision of where our country is going and how we get there. Consequently, they come over as making piecemeal administrative decisions (winter fuel allowance and benefits cuts, then partial and ill-planned U-turns) without explaining how any of it fits into an overall plan for Britain. This government must start evoking a consistent policy narrative and vision. If it can't tell a joined-up story of hope, supported by logically connected policies, it will inevitably lose its battle with Farage's opportunistic but far more fluent storytelling. Robert Dear, Enfield Time to unionise As someone who reads the New Statesman in order, Politics followed by the Encounter (27 June) gave me the idea that, in an 'era of personality politics', Mick Lynch could lead a new leftist party set up by Corbyn. The problem was not Corbyn's policies but his personality, whereas Lynch excelled at 'put downs of… junior ministers' and 'eviscerations of… television presenters'. Moira Sykes, Manchester Eddie Dempsey's understandable desire to see a trade union revival needs to be earthed in a humble understanding of why so many working-class people turned against unions in the 1980s, and kept the Conservatives in power. Closed shops, block votes at conferences, hostility to innovation and continual strikes, all lost the unions credibility. On the other hand, a friend of mine in rail network management always valued the contributions of his union reps, because they knew the business better than he did and wanted to make things work better. So… a little less class warfare, perhaps? Chris Hudson, Morpeth, Northumberland Book smarts I enjoyed Simon Winder's excellent piece (Diary, 27 June) on the trepidations of authorship and the pre-publication fear of others pipping his prized book to the post. I recently had a historical novel published, The Poet Laurie Ate, and share his pain. Congratulations to Winder on his effectiveness in bringing his book's title so readily to the attention of the New Statesman readership – something a retiring debutant author such as myself would never dream of doing… Ash James, Stourbridge Movement but no progress Mindful of the fact that 2026 will be the centenary of the General Strike, I was prompted to ask, on reading Anoosh Chakelian's article on overcrowded housing (Bursting the Bubble, 27 June) just how much progress has been made at resolving many of the issues that led to it. Certainly poor and insufficient housing was one. Arthur Griffith-Boscawen, one-time minister of health after the First World War, charged with doing something about the housing problem, apparently chose to tell 'young couples to continue sharing their parents' cottages and tenements, rather than seeking a home of their own'. Boscawen lasted one month in office, supposedly. Plus ça change. Derek Evans, Stafford Doctored statistics I am puzzled by Phil Whitaker's report from Canada (Health Matters, 27 June). He says one in five Canadians have no GP, so new patients come to him are already suffering serious illnesses. He then says Canadian GPs are finding a 'sweet spot' where 'it is possible to provide high-quality primary care in the present era'. So, first-class service for 80 per cent, no service for 20 per cent? I really don't think this is the sort of statistic the NHS should be aiming for. Peter Norton, London N6 Subscribe to The New Statesman today from only £8.99 per month Subscribe None the wiser Andrew Jefford (Drink, 27 June) addresses the idea that wines can somehow possess 'minerality'. An even shakier claim is that a particular wine shows 'class'. I once dared ask the tutor at a tasting what this meant. My neighbour (pink jacket, blue-spotted bow tie) interjected with the hackneyed, but no less insulting: 'If you have to ask, you will never know.' I still don't. Alan Conn, Newcastle upon Tyne We reserve the right to edit letters [See also: Labour's rebel MPs are rubbish at maths] Related
