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News.com.au
4 hours ago
- Business
- News.com.au
Resources Top 5: The whole day through, Georgia's on the mine of Krakatoa investors
Preparations are underway for Krakatoa's maiden drilling at Zopkhito in Georgia A VTEM survey has outlined three new trends at the Kempfield project in NSW Eclipse Metals has completed an oversubscribed placement at market price for funds of $2m Your standout small cap resources stocks for Tuesday, June 10, 2025. Krakatoa Resources (ASX:KTA) Krakatoa Resources is making moves toward its maiden drilling at the Zopkhito antimony-gold project in Georgia, which serves as a trading gateway between Europe and Asia. With exploration and drilling preparations in full swing, the company, which has an exclusive option to acquire up to 80% of the project, also made a positive move on the ASX with shares as much as 70% higher to 1.7c with more than 76m changing hands before closing at 1.2c. Local contractors have started heavy machinery access and camp repatriation work at Zopkhito following positive meetings with key stakeholders and this work will pave the way for exploration including multiple geophysical surveys and drilling. Plans for the upcoming field season include testing the known high-grade antimony and gold veins, converting the foreign resource into a JORC classification and to test the extension of the mineralised system beyond the current limits. The company plans to drill the key vein systems within the project, focused on targeting the areas where suitable drill access can be obtained, while allowing various veins to be investigated. Two diamond drill rigs will be used to complete the drilling program, which is expected to start in early July. The first rig will be a man-portable rig suitable for work on small platforms from surface with the second to be a rig designed for underground work that can drill at various azimuths and lower dips. Krakatoa Resources' current drill plan comprises an initial 100 drill holes, located on 13 platforms for a total of 14,000 metres. This design, once complete, will encapsulate around 50% of the foreign mineral resource area. However, it is envisaged that only 7000m will be achieved during the current drilling season, which is closer to 30-40% of the foreign mineral resource area. Krakatoa's CEO Mark Major said, 'This is an exciting time for Krakatoa as we embark on the first ever drill program at Zopkhito. 'We have planned for a comprehensive drilling program, with the aim to verify and expand the existing foreign resource estimate, calculated from 27km of underground exploration drives and over 15,000 channel samples. 'This work, along with detailed geophysical surveys, will enable Krakatoa to complete a JORC standard mineral resource estimate for Zopkhito and undertake a preliminary economic assessment.' Zopkhito has a non-JORC, foreign resource estimate of 225,000t at 11.6% antimony for a contained 26,000 tonnes and 7.1Mt at 3.7g/t gold for 815,119oz. Multiple geophysical surveys will also be undertaken to assist with detecting extensions of the foreign resource estimate. This will include a high-resolution drone magnetic survey over the project area which will assist with more effective subsurface drill targeting. The company will also consider a sub-audio magnetics (SAM) survey, which could be highly beneficial in delineating structures and other geology that is detected by resistive anomalies in conductive terrains. This work will begin once the camp is reestablished and road access is completed. Zopkhito covers an area of ~1,779 hectares in the northern part of Racha region in Georgia, a country which borders Eastern Europe and Asia and has Azerbaijan, Russia, Turkey and Armenia as neighbours. Argent Minerals (ASX:ARD) Confident of growing the precious and base metals potential of the 142.8Moz silver equivalent Kempfield project in the Lachlan Fold Belt in NSW, Argent Minerals has revealed three new zones of mineralisation. Shares climbed 11.54% higher to 2.9c before pulling back to 2.7c. A VTEM survey has outlined the Western, Central and Eastern trends, which are extensive, distinct anomalies prospective for gold-silver-copper-lead-zinc mineralisation. These trends represent a large new exploration target area with the Western Trend stretching 2.2km in a north-south direction, the Central trend 4.1km in a northeast-southwest orientation and the Eastern trend a further 2.2km in a northeast-southwest strike. Both the Western and Eastern trends remain entirely untested by the drill bit while the Central trend has only been investigated with shallow reverse circulation drilling. 'A high-level interpretation of the VTEM data review conducted by Core Geophysics has identified multiple new drill targets, including several that were previously unknown to Argent," Argent Minerals managing director Pedro Kastellorizos said 'Significantly, three extensive EM trends have been delineated, two of which remain completely untested. 'These trends extend well beyond the current boundaries of the known Kempfield deposit, indicating strong potential for the discovery of additional mineralised zones both at depth and along strike. 'The results highlight the substantial exploration upside at the Kempfield Project, as we continue to expand the mineralised footprint well beyond the established deposit.' Apart from revealing the new prospective trends across Kempfield, Argent's interpretation of the VTEM survey data also offered insights into the Kempfield northwest zone's geology. Preliminary modelling of the data indicates the source of mineralisation in the NW Zone is likely at greater depths than previously thought. The company also identified an elevated electromagnetic response along the western margin of the Kempfield deposit, which may point to a deeper footwall position relative to known mineralisation. Kempfield has a resource estimate of 63.7Mt at 69.75g/t silver equivalent for 142.8Moz, containing 65.8Moz silver, 125,192oz gold, 207,402t lead and 420,373t zinc. Eclipse Metals (ASX:EPM) Eclipse Metals was up 26.7% to a daily high of 1.9c after completing an oversubscribed placement at market price for funds of $2m to advance the 89Mt Grønnedal rare earth project in Greenland. It later settled up 6.7% at 1.6c. Firm commitments have been received for the placement conducted at no discount to the last traded price of 1.5c with the placement cornerstoned by an existing shareholder with a $500,000 commitment, reflecting continued confidence in Eclipse's long-term strategy and the potential of its Greenland assets. The oversubscribed placement to institutional, professional and sophisticated investors was strongly supported and Eclipse scaled back applications. Proceeds will advance work at the Ivigtût and Grønnedal projects and support the evaluation of historical drill core and definition of new drill targets as Eclipse seeks to enhance its strategic role in the global rare earth supply chain. Specific use of the funds is: Exploration and resource expansion drilling at the Grønnedal REE prospect Environmental baseline and remediation planning at the historical Ivigtût pit Assessment and mineralogical analysis of historical drill core to enhance geological understanding; and General working capital and costs associated with the placement. The placement follows the recent announcement of an 89Mt mineral resource estimate at the Grønnedal REE deposit in southwest Greenland. Trigg Minerals (ASX:TMG) As it steps up efforts to become a key domestic supplier of critical minerals in the US, Trigg Minerals has confirmed multiple zones of massive stibnite mineralisation at the Antimony Canyon Project in Utah. Initial field mapping confirmed several zones of massive stibnite at Emma and Mammoth deposits, further highlighting the project's potential as one of the highest grade and significant antimony projects in the US. With more than 30 historical mines on-site in Utah, including the high-grade Nevada and Stebinite mines, Antimony Canyon shapes as one of the most promising undeveloped antimony assets in the US. 'We are pleased to commence this maiden phase of exploration at the Antimony Canyon Project,' Trigg Minerals managing director Andre Booyzen said. 'The confirmation of high-grade, massive stibnite zones at the Emma and Mammoth targets marks a significant milestone. 'It not only validates historical data but also strengthens our confidence in the project's potential to become a major domestic source of antimony. 'Our team is now focused on detailed mapping and systematic sampling to better define the extent and grade of mineralisation. 'We remain committed to advancing Antimony Canyon in support of the growing global demand for critical minerals essential to national security and the energy transition.' TMG was initially up 12.9% on the previous close to 10.5c before easing lower to 8.1c with more than 70m changing hands. Cazaly Resources (ASX:CAZ) Another making a strong start to trading was Cazaly Resources, which was up as much as 37.5% to 2.2c before closing slightly higher at 1.6c after being granted approvals for drilling at the Goongarrie gold project north of Kalgoorlie. First target will be the Duke of York prospect after a heritage survey was completed and program of work approvals were received for reverse circulation (RC) and aircore drilling from the WA Department of Energy, Mines, Industry Regulation and Safety. Initial RC drilling, which will start after site preparation work, will follow-up anomalous drill intercepts including 8m at 10.7g/t gold, 13m at 3.5g/t, 3m at 6.3g/t and 4m at 2.7g/t. Strike extents and plunge directions of gold mineralisation will also be tested at the Star of Goongarrie prospect. Following the completion of RC drilling an initial phase of aircore drilling will be undertaken to assess the broader gold mineralised trend. This drilling is designed to identify new gold prospects over five strike kilometres of the BTZ and includes poorly tested areas between Goongarrie Lady and Jenny's Reward gold mines, and the northern extension of the BTZ north of Jenny's Reward.
Yahoo
4 days ago
- Automotive
- Yahoo
$2 million repair project approved for damaged Kansas Turnpike bridge
EMPORIA (KSNT) – The Kansas Turnpike Authority (KTA) said that a $2 million contract is now approved to repair a highway bridge near Emporia that was damaged in mid-April. The KTA reported on June 6 that an emergency repair contract is approved for the northbound I-35/KTA bridge located near mile-marker 126.7 just west of Emporia. The bridge was damaged on April 18 after a semi-truck's cargo collided with it. Multiple contractors will be involved in this repair project which includes design, utility relocation, traffic control, materials fabrication, demolition and more. The total approved cost for the project is $2,099,980.47. Emporia park saved by community effort set to get some big improvements The KTA said work is set to start on this project later in June with the estimated completion date coming near the end of the year depending on the weather. More information on this project will be put on the KTA's website in the near future. For more local news, click here. Keep up with the latest breaking news in northeast Kansas by downloading our mobile app and by signing up for our news email alerts. Sign up for our Storm Track Weather app by clicking here. Follow Matthew Self on X (Twitter): Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
26-05-2025
- Yahoo
Real cases: How to avoid falling for financial scams
Stories by Wichita Eagle journalists, with AI summarization Scammers use creative tactics to trick people and steal money or personal information. One common warning sign is anyone demanding payment over the phone, like scammers impersonating Wichita police officers or Sedgwick County deputies and threatening arrest unless you pay with gift cards or cryptocurrency. Deceptive emails that mimic banks or streaming services, such as the fake "activity alert" or subscription notice, are also used to gather your account details. Watch out for official-looking mailers such as the "County Deed Records" postcard, and never click suspicious text links like those pretending to collect toll payments for DriveKS. Always verify requests independently and report scams to authorities if you spot these red flags. 'Many victims will never fully recoup losses to their life savings and retirement funds.' | Published May 23, 2024 | Read Full Story by Jacob Unruh He has been ordered to pay more than $171,000 after his work on a couple's house fell apart. | Published June 25, 2024 | Read Full Story by Michael Stavola Several Kansas county sheriff's offices are warning residents about scammers impersonating officers and demanding money. | Published July 10, 2024 | Read Full Story by Eduardo Castillo KTA said it learned about the scam Tuesday afternoon. | Published September 17, 2024 | Read Full Story by Michael Stavola Here's how to avoid being scammed. | Published September 19, 2024 | Read Full Story by Eduardo Castillo The Sedgwick County district attorney has a new warning about scam emails after he received one. | Published December 31, 2024 | Read Full Story by Amy Renee Leiker Someone tricked parties involved in a property sale with fake email addresses that were so close to the real ones no one noticed until it was too late. | Published January 24, 2025 | Read Full Story by Amy Renee Leiker People experiencing cognitive decline are especially vulnerable because the mailers 'intentionally prey on their anxieties, vulnerabilities and ability to recall events,' the DA's Office says. | Published April 22, 2025 | Read Full Story by Amy Renee Leiker The summary above was drafted with the help of AI tools and edited by journalists in our News division. All stories listed were reported, written and edited by McClatchy journalists.
Yahoo
01-05-2025
- Yahoo
⚠️Scams to watch out for in 2025⚠️
KANSAS CITY, Mo. — With the amount of scams out there, it can be hard to keep track of which ones to watch out for. That's why FOX4 compiled a list of local and national scams that you should be aware of. These are the scams to watch out for in 2025: Most recently, Leavenworth County officials are warning residents of a phone scam. Leavenworth County Attorney Todd Thompson said scam callers posing as members of the sheriff's office are falsely claiming that residents have a warrant for missing jury duty. 'These scams can look very convincing,' Thompson said. 'The caller uses a number that appears to be from Tonganoxie and pretends to be from the sheriff's office, claiming there's a warrant for your arrest over missed jury duty.' He said you should always verify independently before responding to such calls. To verify, you can call the Leavenworth County Sheriff's Office at 913-724-1313. You can read more about this scam here. The Kansas Turnpike Authority (KTA) warned Kansans of this scam back in September 2024. After nearly a year of warning travelers about the nationwide fraudulent texting scam, the KTA is once again urging Kansans to be extremely cautious if they receive a text message about unpaid tolls. 'We do not send unsolicited text messages about tolls,' said Donnell Brown, KTA's Senior Customer Service Manager. 'A person only receives a text if they have a DriveKS account and have signed up for text notifications in their account preferences. Then, the person is required to login to their DriveKS account to view their statement and/or pay a bill.' The texts urge quick action to avoid a penalty and includes a link or URL to a fake website that mimics the DriveKS toll payment site, or another toll payment site located elsewhere in the U.S. The KTA said these fraudulent texts (and instant messages) are being sent to random phone numbers with no regard to actual use of a toll road or ownership of a vehicle. Kansans who receive an unsolicited text message suggesting it is from KTA, the Kansas Department of Transportation (who does not collect tolls for any roadway) or another toll agency, should NOT click the link. Please report the text to the Federal Trade Commission and/or the Internet Crime Complaint Center at If payment information has been provided on a fraudulent web site, individuals are urged to contact their bank or credit card company immediately. More information is available on the KTA's website. Previous coverage Beware of text messages about unpaid tolls, FBI and state authorities warn Kansas Turnpike Authority warns of new text scam asking to pay for tolls The Missouri Department of Revenue in April warned Missourians of ongoing nationwide text scams. These texts are often threatening, claiming to be from the Missouri Department of Revenue or Department of Motor Vehicles, and often include a warning regarding unpaid traffic violations, outstanding toll charges or fines owed. The department said in April that it had received a large increase in calls reporting these phishing texts. You can read more about this scam here. Leavenworth, Kansas, officials in April warned residents of a viral social media scam. Leavenworth County Attorney Todd Thompson said scammers are falsely claiming that a female police officer is missing in Leavenworth. The fraudulent post claims 'officials' are looking for help finding a 27-year-old officer. The post further states the officer's vehicle was located 'last night' with her daughter inside and that the officer may be in grave danger. Officials said Facebook users across the country may have noticed the post circulating on various Facebook neighborhood groups. The Leavenworth County Attorney's Office is asking the community to remain vigilant and to rely on official sources for information regarding missing persons or public safety alerts. Read more about this scam here. The Johnson County Sheriff's Office said in April that a caller posing as Deputy Lewis has been leaving messages on voicemails, urging citizens to return a call regarding legal matters. If you get a call from the phone number 660-242-5181, be advised that this number is not associated with the sheriff's office. If you're not sure whether it's genuinely law enforcement reaching out, you can call the sheriff's office dispatch line at 660-747-5511 to verify if a deputy is trying to contact you. Read more about this scam here. The Cass County Health Department in March warned residents about a scam targeting Medicare recipients. Scammers posing as health department employees are attempting to steal personal information by claiming that they need Medicare details for verification or updated records, county officials said. These scammers are using phone calls to trick victims into providing sensitive information, which can then be used for fraudulent purposes – including identity theft and unauthorized Medicare claims. The Cass County Health Department said it will never call to request Medicare numbers without a scheduled appointment with a patient. For more information, you can contact 816-380-8425. To learn more about this scam, click here. Leavenworth County officials in February warned residents about a scam targeting family members of inmates. County Attorney Todd Thompson told FOX4 that the scammers have been calling family members of people who have recently appeared in court, or who have been listed as inmates on the Leavenworth County Sheriff's Office's online booking log. The scammer will tell the victim that the court has a smaller bond payment available to release their loved one. In this case, the caller explained a $4,500 fee would be used for an ankle bracelet, when the original bond was set at $50,000. Thompson said the caller in this case was using a 'ghost' phone number and that they were asking for the victim's banking information. This was the first time Thompson or anyone in Leavenworth County had heard of the scheme. To learn more about this scam and how to protect yourself, click here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
01-05-2025
- Yahoo
KCK man killed following head-on crash on I-70 in Leavenworth County
KANSAS CITY, Mo. — A Kansas City, Kansas man is dead following a two-vehicle crash on Interstate 70 in Leavenworth County on Wednesday morning. The crash was reported just before 8:30 a.m. on westbound I-70 near the Lawrence service area. Racist flyers posted in Northland neighborhood where teen killed The Kansas Turnpike Authority (KTA) reports the driver of a Honda Civic was traveling eastbound and the driver of a Mercedes-Benz van was westbound when the driver of the Honda went off the road, bounced off two drain tubes, continued through a ditch and entered the westbound lanes. The KTA said the Honda crossed over both lanes and struck the Mercedes-Benz head on. Both drivers were taken to area hospitals with suspected serious injuries. A passenger in the Mercedes-Benz was pronounced dead and has been identified as 28-year-old Shane Greiner, of Kansas City, Kansas. Download the FOX4 News app on iPhone and Android The KTA reports everyone involved in the crash was wearing a seat belt. The crash remains under investigation. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
