QX Resources Ltd. has entered an Option to Purchase Agreement and an Operating Agreement to earn a 75% interest of the 102km2 Liberty Lithium brine project in California, USA , from vendor IG Lithium LLC . The Agreements complement the acquisition agreement announced to ASX on 28 September 2023 under which QXR acquired a small package of adjacent [...]
QX Resources Ltd. is pleased to announce that Bayrock Resources Limited has successfully completed its rights issue to raise A$1.8 million through the issue of new shares at $0.03 per share . Existing Bayrock shareholders subscribed for ~$600,000 under the Rights Issue. QXR was the underwriter to the Rights Issue, and following the conversion of [...]
QX Resources Ltd. has received final assay results from its RC drilling together with a detailed analysis, from the Company's 100%-owned Turner River hard rock lithium project, located 15 km to south-east of Mineral Resources' Wodgina lithium mine, located within the Pilbara lithium province of Western Australia . - Final assay results and analysis [...]
QX Resources Ltd. is pleased to announce that diamond drilling had intercepted massive sulphide mineralisation in the latest hole from the Lainejaur high grade Nickel-Copper-Cobalt deposit in Northern Sweden, held by Bayrock Resources Limited in which QXR has a significant holding . The first diamond drillhole was completed to a final depth of [...]
QX Resources Ltd. has entered a non-binding letter of intent for the right to acquire a controlling interest in a large, recently-consolidated lithium brine project - Liberty Lithium - in California, USA. - QXR has entered a Letter of Intent over a large recently consolidated lithium brine project - Liberty Lithium - in the western USA. - Liberty [...]
QX Resources Ltd. confirms its intention to commence a formal application for a Mining Lease to advance development at the Company's 'Anthony' Molybdenum project in Central Queensland. Anthony is an advanced-stage pure Mo deposit, located in a Tier-1 jurisdiction, adjacent to major sealed roads and near rail and energy support. In 2021, the Mineral [...]
QX Resources Ltd. is please to provide an update on its strategic investment in Bayrock Resources Limited . As announced on 16 and 24 March 2023, the Company has provided secured loans of $585,000 to Bayrock to help complete the acquisition of its portfolio of highly prospective, 100%-owned battery mineral projects, the Lainejaur and Northern [...]
QX Resources Ltd. is pleased to provide the Quarterly Activities/Appendix 5B Cash Flow Report. HIGHLIGHTS - Follow-up RC drilling program completed at the Turner River hard rock lithium project, with a further 10 holes for 1130 metres. Final assay results of the RC program are awaited. - Maiden drilling in December 2022 highlighted the presence of [...]
QX Resources Ltd. , via a framework agreement with Bayrock Resources Limited , confirm that diamond drilling has commenced and is at 54 metres in a 300 metre deep hole on the Lainejaur project, a high-grade Nickel-Cobalt-Copper deposit near Mala in northern Sweden . Previous results included over 9 metres at 2.1% Ni, 0.7% Cu, 0.17% Co, 0.5 g/t Au [...]
QX Resources Ltd. refers to the ASX announcement dated 16 March 2023, titled 'Strategic Investment with Battery Minerals focused Bayrock Resources Limited'. The Company advises that it is still in confidential discussions with Bayrock Resources Limited in relation to QXR underwriting a rights entitlement issue by Bayrock . Additionally, the Company [...]
QX Resources Ltd. is pleased to provide investors with an opportunity to participate in a webinar following the Company's strategic investment with battery minerals-focused Bayrock Resources Limited, an unlisted Australian public company with a portfolio of highly prospective battery minerals assets in Sweden, primarily in nickel, cobalt and [...]
QX Resources Ltd. has entered into a framework agreement with Bayrock Resources Limited to assist Bayrock with financing and development of its Projects, being the Lainejaur and Northern Nickel Line projects in northern Sweden . The Projects are considered highly prospective for key battery metals, nickel, copper and cobalt. Further information is [...]