Crusader Resources are pleased to provide the Company's latest presentation titled, "Latin America Downunder - May 2016." Crusader Resources - In Summary - Gold assets provide strong upside potential: -- Juruena: Exceptional high-grade potential --- 6,000m drilling program underway -2 rigs --- Scoping Study due 1stHalf of 2016 -- Borborema [...]
Crusader Resources 100% owned Borborema Gold Project, located in the northeast of Brazil, is favoured by excellent logistics and an extensive database of completed work. Previously mined as a heap leach in the 1980's, Crusader has completed sufficient work to delineate a JORC compliant (JORC 2004) mineral resource estimate of 68.6Mt @ 1.10g/t Au [...]
Crusader Resources are pleased to provide the Company's Quarterly Activities Report for March 2016. Highlights: - 6,000m diamond drilling campaign commenced at Juruena Gold Project - JV company formed- Third Element Metals Ltd- with Lepidico Ltd to exploit Lithium in Brazil - Samples from Manga Li, Sn, In project indicate significant Li20 [...]
Brazil-focused resource development company Crusader Resources is pleased to advise the Company has signed a non-binding option to purchase and install a refurbished plant from Brazilian equipment supplier GNA (Minerales equipamentos e Acos Especiais Ltda.), for its wholly owned high-grade Juruena Gold Project. Highlights - Crusader has signed a [...]
The Directors of Crusader Resource and its controlled entities submit herewith the annual financial report of the Group for the year ended 31 December 2015. Operating and Financial Review 2015 was an eventful year for Crusader in what could be considered a tumultuous market for most minerals. Significant progress was made on the exciting and [...]
Brazil-focused resource development company Crusader Resources is pleased to advise the Company has signed a joint-venture Shareholders Agreement and finalised the terms of associated documentation with Lepidico Ltd. The new company, to be known as Third Element Metals, is aiming to become a producer of the third element in the periodic table [...]
2015 was an eventful year for Crusader Resources in what could be considered a tumultuous market for most minerals. Significant progress was made on the exciting and high-grade Juruena Gold Project, with 10,000m of drilling completed which led to three maiden resource estimates. The Posse Iron Ore Mine continued to operate, despite difficult and [...]
Brazil-focused gold development company Crusader Resources is pleased to advise that following the successful raising of A$6.25m (see ASX releases on 2 and 9 March 2016), the Company has initiated a diamond drilling program at its 100% owned high-grade Juruena Gold Project. Highlights - 6,000m diamond drilling program commencing at Juruena [...]
Brazil focused gold development company Crusader Resources is pleased to advise that following strong interest from the recent capital raising (refer to ASX announcement 2 March 2016), the Company has subsequently raised an additional $750,000. The Company has had significant interest from existing shareholders and has accepted $750,000 in [...]
Crusader Resources is excited to announce that veteran fund manager James Beeland "Jim" Rogers Jr, has been appointed a non-executive director of the Company. Mr Rogers was the co-founder of the highly successful Quantum Fund, which during 1970 - 1980 gained 4200% while the S&P advanced approximately 47%. The Quantum Fund was recognised as one of [...]
Brazil focused gold development company Crusader Resources is pleased to advise that following significant global demand, it has arranged a Placement to raise a total of $5.5 million (before costs). Patersons Securities Limited acted as Lead Manager to the Placement. The Company plans to issue a total of 55 million Ordinary CAS shares at $0.10 per [...]