Chase Mining Corporation Ltd (ASX:CML) has received a conditional offtake offer to supply between 2,000 and 5,000 tonne of topaz concentrate per month from its Torrington Project in NSW.

This follows exhaustive quality testing of a bulk sample of the nominally 97% topaz concentrate by an international abrasives supply company as a high-pressure water cutting abrasive feedstock.

The material supplied by Chase is representative of what would be produced by a proposed gravity recovery plant from the present flowsheet with a minus 1 mm silexite feed from Torrington.

Marquee Resources Ltd’s (ASX:MQR) securities have rocketed 43% on inking a non-binding cobalt-copper offtake agreement with a MeiDu Energy Corp (SHA:600175) subsidiary as the parties negotiate a formal agreement.

Marquee Resources took off this morning on news it had secured a deal to supply cobalt from its Canadian project to a big Chinese battery cathode maker. The junior explorer (ASX:MQR) revealed today it had signed a non-binding agreement with Zhejiang Meidu Haichuang Lithium Battery Technology.