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FINWIRES

Daly Resources Confirms Extension of Fluorite System at Northern Territory Project

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Daly Resources (ASX:DLY) confirmed the extension of the fluorite system beyond known surface mineralization and previous rock-chip sampling at its Huckitta project in the Northern Territory, according to a Friday filing with the Australian bourse.

Assays showed the potential scale of the system, with coherent fluorine-in-soil anomalism intersected across areas of limited or no outcrop, the filing said.

Additionally, a new fluorite-bearing vein expanded the known system further to the west.

The company plans to conduct a soil geochemistry program to define the broader fluorite system, identify areas of higher vein concentration and continuity, and prioritize targets for maiden drilling, per the filing.

What else is happening in Asia?

Asia

Market Chatter: China Airlines Plans Codeshare Partnership with Britain's Virgin Atlantic

China Airlines (TPE:2610) plans to launch codeshare partnership with Britain's Virgin Atlantic Airways, according to a Focus Taiwan report on Wednesday, quoting the airlines' president Kevin Chen.Initially, China Airlines, and Virgin Atlantic will share flight codes on each other's services and will subsequently tap into complementary route networks to faciliate better flight services between Taiwan and the UK, Chen said.China Airlines' sahares were up over 1% in Thursday's trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TPE:2610
Asia

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TPE:1314
Asia

Lotus Pharmaceutical's Unit to Reduce Capital by $70 Million

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TPE:1795