Further to the announcement dated February 16, 2017 WCB Resources announces the termination of the Heads of Agreement with GBM Resources due to the financing conditions for the definitive agreement not being met prior to the deadline of March 31, 2017. GBM announced on March 31, 2017 that completion of their $10million Loan Agreement was [...]
WCB Resources announces that because of differences in Canadian and Australian reporting requirements for mineral projects, it is clarifying certain disclosures in its press release dated February 16, announcing the execution of a binding heads of agreement with GBM Resources. The Press Release contains disclosure of GBM's resources for its [...]
GBM Resources and WCB Resources have executed a Binding Heads of Agreement (HOA) to merge resulting in a substantial ASX listed gold development and exploration Company focussed in Australia and Papua New Guinea. The merger combines the advanced stage gold assets of Mt Coolon in Australia and the Misima Gold Project in Papua New Guinea in addition [...]
Energy Metals announced that a maiden resource of 691 tonnes of Uranium at 556ppm has been obtained for the historical Karins deposit, located approximately 260km northwest of Alice Springs in Central Australia. The deposit lies on a tenement as part of a joint venture between Energy Metals (53.3%), Paladin Energy (41.7%) & Southern Cross [...]