ABM Resources is pleased to announce that Pacific Road Resources Fund II and ABM Resources ("ABM" or "the Company") have finalised the Tranche 1 investment as per press-release dated 13/03/2014. Tranche 2 is subject to shareholder approval and a notice of meeting is being compiled to be distributed to shareholders in due course.Darren Holden [...]
ABM Resources MD Darren Holden Presents at Investorium.tv in Sydney March 2014 to Institutional and Retail Investors at the Sydney Sky Tower.Mr Holden has previously held the role of Senior Consultant at Fractal Geoscience and was involved in modeling and targeting on a wide range of deposit styles. Mr Holden was a leading member of the team that [...]
ABM Resources is pleased to announce that Pacific Road Resources Fund2 ("Pacific Road Capital") and ABM have agreed terms for Pacific Road Capital to invest $19.6 million in a placement to the Company at a price of 2.4 cents per share. The placement will be in two tranches and is subject to completion of final legal due diligence and documentation [...]
ABM Resources MD Mr Holden has previously held the role of Senior Consultant at Fractal Geoscience and was involved in modeling and targeting on a wide range of deposit styles. Mr Holden was a leading member of the team that won the GoldCorp Challenge in 2001. Mr Holden also held the role of Chief Operating Officer of [...]
ABM Resources has compiled and assessed grade control data, geology, and reconciled tonnes and head-grade from trial mining at the Old Pirate high-grade gold deposit located in the Northern Territory. General update- Geological observations made during the trial are continuing to generate additional targets that will be followed up as the 2014 [...]
ABM Resources Announce the Interim Financial Report for Period Ending December 2013. Achievements accomplished since the start of the 2013/2014 financial year include:- ABM installed and commissioned a pilot plant at the Old Pirate project.- Trial mining of 9,844 tonnes of material was completed under an exploration licence.- Target of 3,000 ounces [...]
ABM Resources advises that Mr Imants Kins, non-executive director of the Company has tendered his resignation effective from the close of business today to pursue other business interests. Dr Mike Etheridge, chairman, said "Imants has made a very positive contribution to ABM, particularly through the restructure of the Company in 2009 and the [...]
WEBCAST: Investorium.tv Monday March 17th 2014 in Sydney presents four speakers to a live audience and video streamed from the Sydney Sky Venue, 300 metres above the Sydney Business District.Investors wishing to view Company CEO Presentations may tune it at: www.investorium.tv/webcast The program includes the following Australian Mineral Mammoths [...]
ABM Resources is pleased to announce that it has compiled and assessed the first round of geochemical soil sampling results provided by Independence Group from the Lake Mackay regional project alliance. First pass 800m x 800m BLEG soil sampling at Lake Mackay Regional Alliance - 65 individual gold anomalies (from soil sampling) from 3592 sample [...]
ABM Resources is pleased to announce that both ABM and Clancy Exploration have completed their respective due diligence phases and are proceeding with the transaction as announced on 29th November, 2013.Divestment of 100% of ABM's Interest in the North Arunta Regional ProjectsClancy has advised ABM of the exercise of their option, for an [...]
ABM Resources Quarterly Activities and Cashflow Report for the 3 Months Ended 31 December 2013. TRIAL MINING & PROCESSING AT THE OLD PIRATE HIGH-GRADE GOLD DEPOSIT DURING THE QUARTER: - Trial Mining and Processing complete. - ~3,200 ounces of gold produced including 3,094 ounces of gold sold during the quarter achieving gross-proceeds of $4.23M [...]
Perth, Australia (ABN Newswire) - ABM Resources NL (ASX:ABU) ("ABM" or "The Company") presents an update on the Trial Mining and Processing at the Old Pirate High-Grade Gold Project in the Northern Territory of Australia.Stage 1 - Trial Processing Update:~3017 ounces of gold produced includes:- 2817 ounces of gold sold achieving gross-proceeds of [...]