QX Resources Ltd. announces changes to its Board and Management, reflecting current market conditions for junior exploration companies. Effective today, Steve Promnitz has transitioned from Managing Director to strategic advisor and consultant . In his new role, Steve will continue to help oversee and advise the Company on its US lithium projects and exploration activities across the Company's gold, lithium and iron ore [...]
QX Resources Ltd. is pleased to announce that QXR has renegotiated the option agreement over the Liberty Lithium Brine Project in California, USA, to reduce option payments and also to include an option to acquire an interest in two additional prospective lithium brine projects in the USA. - QXR and IG Lithium have agreed to restructure the Option Agreement in respect of the Liberty Lithium Brine Project to reduce option [...]
QX Resources Ltd. provide the Quarterly Activities Report for Period Ended 30 June 2024 with the following highlights in operations. Liberty Lithium Brine Project, USA Drilling and geophysics confirmed a large brine basin with multiple brine horizon targets intersected over 400 m vertically at the Liberty Lithium Brine Project USA. Geological similarities confirmed with the nearby Silver Peak lithium brine producer [...]
QX Resources Ltd. announces a new program of trenching to extend known high grade gold mineralisation at Big Red Project, where prior trenching including mineralised widths of 9m @ 5.9g/t Au. - A follow-up trenching program has been planned at the Big Red Gold Project, Queensland. - Previous trenching at Big Red returned high grade gold results including 9m @ 5.9g/t Au, with gold mineralisation remaining open along [...]
QX Resources Ltd. can confirm that the Liberty Lithium brine project in California, USA, is a large brine basin with numerous brine aquifers, shown in downhole sampling and geophysics in the second hole of the Company's two-hole diamond drill program . - Drilling and geophysics indicate the existence of a large brine basin at Liberty Lithium Brine Project USA, with brine intersected over 400 m vertically. o Geological [...]
QX Resources Ltd. has entered into a Letter of Intent with Stardust Power Inc. , a development stage American manufacturer of battery-grade lithium products, to negotiate a formal agreement to assess the lithium brines from QXR's large scale Liberty Lithium Brine Project located in California, USA , dependent on results, and evaluate options to potentially supply Stardust Power with lithium brine products on a [...]
QX Resources Ltd. is pleased to announce that a detailed sampling program has been planned for the Company's Western Shaw iron ore project, in the Pilbara iron ore province of Western Australia. At Western Shaw, previous reconnaissance rock chip samples have returned up to 58.5% Fe from outcrop, which extends over a 4km distance. A Banded Iron Formation with chert horizons was sampled over 4.4km but extends over 8km [...]
QX Resources Ltd. is pleased to confirm that numerous brine aquifers were successfully intersected in the second hole of a two-hole diamond drill program over the large scale Liberty Lithium brine project in California, USA. - Drillhole 2 has been completed at 443m depth; Brine sampling and geophysics are underway. - Numerous brine aquifers* were intersected between 90m and 295m depth in drillhole 2. - Both diamond [...]
QX Resources Ltd. holds four 100% owned hard-rock lithium projects, covering 355km2, strategically centred around Western Australia's prolific Pilbara province, hosting some of Australia's largest lithium deposits. QXR projects are Turner River , Western Shaw , Split Rock and Yule River . During the quarter, the Company announced the results of the rock chip sampling and geological mapping program undertaken during the [...]
QX Resources Ltd. is pleased to confirm that brines* were successfully intersected in the first hole of a two-hole diamond drill program over the large scale Liberty Lithium brine project in California, USA. Brines intersected in first hole at Liberty Lithium Brine Project USA - Drillhole 1 has been completed and brine sampling is underway; results anticipated in 6 weeks. - Brines were intersected at shallower levels than [...]
QX Resources Ltd. confirms that diamond drilling is underway on the first hole of a two drill hole program over the large scale Liberty Lithium brine project in California, USA . The first of two large diameter diamond drillholes holes is centred over the highest values of an extensive lithium brine surface anomaly over 10km in auger samples . Mobilisation to site was delayed a few days to secure all ancillary equipment [...]
QX Resources Ltd. confirms further rockchip sample results with up to 3.8% LiO2 and 1.3%Rb2O at Turner River in the heart of the Pilbara lithium province of Western Australia. - Pegmatites in a new area of interest at Turner River have been sampled with assays up to 3.8% LiO2 , 3.4% LiO2 and 1.3%Rb2O in the heart of the Pilbara region of Western Australia which continues to reveal new discoveries. - Extensive trenching [...]