Renascor’s current work on Siviour includes offtake marketing, sample preparation and advanced battery and metallurgical testing. Following the conclusion of recently announced offtake memorandum of understanding with Shanxi Minguang New Material Technology Co. Ltd. see ASX announcement, additional offtake discussions are on-going with anode and lithium-ion battery companies in Northeast Asia and Europe. Activities are largely focused on undertaking Purified Spherical Graphite validation tests, responding to due diligence enquiries and negotiating potential offtake terms.
Renascor’s current activities include advancing near-surface gold prospects within the Carnding Gold Project, including preparations for drill-testing the high-grade Soyuz gold prospect.
At Carnding, Renascor is preparing for drill-testing of the shallow, high-grade Soyuz gold prospect. Recently completed activities include ground clearance surveys and geological mapping, with geochemical sampling and further induced polarisation surveys planned for November 2020 and, pending regulatory approval and drill rig availability, drill-testing to commence in the current or next quarter. see ASX announcements: 04 August 2020, 10 August 2020, 28 August 2020.
Renascor has large tenement holdings in the Olary Province. Previous exploration targeted shallow gold near White Dam gold mine.
Eastern Eyre Project
Iron-oxide and copper-gold targets in the Southern Gawler Craton, EL5822 Iron Baron and EL6191 Old Wartaka.