Padbury Mining Limited is pleased to announce that its merger with Aurium Resources Limited was successfully implemented today. The Padbury Board is excited about taking Padbury and the Peak Hill Iron Project forward as we work towards the growth of our company.
Aurium Resources advises that the second court hearing date for approval of the schemes has been rescheduled to the 12th October 2012 for full hearing as indicated in the Scheme Booklet for the proposed merger with Padbury Mining. Please note that a hearing on 2nd October 2012 will programme the matter to be heard in full on 12 October 2012.
Padbury and Aurium Resources are very pleased to announce an upgrade to their JORC Resource for the Telecom Hill Deposit at their Peak Hill Iron Project Joint Venture. The Mineral Resource comprises 925Mt at 27.2% Fe, 46.5% SiO2, 3.5% Al2O3, 0.22% P and 0.04% S hosted by magnetite-bearing banded iron formation (BIF) units. The overall increase of [...]
Padbury Mining and Aurium Resources entered into a Scheme Implementation Agreement (SIA) on 13.2. The End Date under the SIA is currently 30.9. Aurium and Padbury have agreed to extend the End Date from 30 September 2012 to 31.10. to allow for more time for the Merger to be completed. Accordingly, Padbury and Aurium have agreed to vary the SIA by [...]
Padbury Mining and Aurium Resources into a Scheme Implementation Agreement (SIA) on 13 February 2012. The End Date under the SIA is currently 31 July 2012. Aurium and Padbury have agreed to extend the End Date from 31 July 2012 to 30 September 2012 to allow for more time for the Merger to be completed. Accordingly, Padbury and Aurium have agreed to [...]
Padbury and Aurium are very pleased to announce a maiden DSO JORC Inferred Mineral Resource for the Telecom Hill East Deposit at their Peak Hill Iron Project Joint Venture. The Inferred Mineral Resource comprises 11.5Mt at 58.557% Fe, 9.64% SiO2, 2.29% Al2O3, 0.21% P, 0.02% S and 3.12% LOI hosted in the Robinson Range Formation banded iron [...]
Padbury Mining and Aurium Resources are pleased to announce highly encouraging results from recent regional exploration activities at the Peak Hill Iron Project. The exploration and evaluation programs have been ongoing at the project since completion of drilling activities in March 2012, targeting additional mineralisation in areas surrounding [...]
Padbury Mining and its joint venture partner Aurium Resources are pleased to announce excellent results from the most recent magnetite drilling campaign and Davis Tube Recovery (DTR) test work at the Peak Hill Iron project. Drilling at the Telecom Hill West (THW) target demonstrates magnetite mineralisation is continuous and high-quality [...]
Padbury and Aurium entered into a Scheme Implementation Agreement (SIA) on 13 February 2012. The End Date under the SIA is currently 30 June 2012. Aurium and Padbury have agreed to extend the End Date from 30 June 2012 to 31 July 2012 to allow for more time for the Merger to be completed.
Padbury are pleased to announce more highly encouraging results from the recent DSO evaluation drilling program at the Telecom Hill East prospect, part of the Peak Hill Iron Project JV. The reverse circulation percussion drilling program was successful at targeting hematite and goethite enrichment of the Robinson Range Formation. The Telecom Hill [...]
Padbury Mining Limited and Aurium Resources are pleased to announce more highly encouraging results from the recent DSO evaluation drilling program at the Telecom Hill East and Mt Padbury target areas at the Peak Hill Iron Project Joint Venture. The reverse circulation percussion drilling program was successful at targeting hematite and goethite [...]
Padbury Mining and its Joint Venture partner Aurium Resources have appointed CSA Global to carry out a pit optimisation and mine planning study for its flagship Peak Hill Iron Project in Western Australia's Mid West region. The work will provide important data that will contribute to the progress of a pre-feasibility study, which is the next [...]
