Alta Zinc Ltd. is pleased to announce the successful completion of its Share Purchase Plan , on 28 August 2020 . HIGHLIGHTS - Alta's Share Purchase Plan closed oversubscribed with valid applications of $4.0 million received - To accommodate excess demand, Alta has increased the size of the SPP by $1.5 million above its original target of $0.5 [...]
Wiluna Mining Corp. Ltd is a developing gold mining company listed on the ASX that controls 100% of the Wiluna Gold Operation located at the northern end of the Western Australian Goldfields. Four gold systems have been defined on the Company's 1,600 km2 tenure to date with substantial production growth and discovery potential; Exploring for [...]
Cardinal Resources Ltd. refers to the first supplementary bidder's statement from Nord Gold SE announced on the ASX Market Announcements Platform this morning in respect of its unconditional on-market takeover bid for Cardinal. Cardinal notes that Nordgold have increased the Offer Price in respect of their takeover bid from A$0.66 to A$0.90 cash [...]
Clean lithium developer Lake Resources NL announced today that Managing Director Steve Promnitz will present at the ASX Small and Mid-Cap Conference 2020 on Wednesday, 9 September at 10.45am AEST , 8.45am , 5.45pm Tuesday . The conference focuses on showcasing emerging leaders in the small and mid-cap category. Lake recently announced the impending [...]
Wiluna Mining Corp. Limited is pleased to report high-grade results from a further 68 holes and 18,584m of resource development infill drilling at the Wiluna Mining Centre . The Company continues to drill with 6 rigs currently on site. These results will enable the Company to complete detailed Mineral Resource and Reserve estimates as part of the [...]
Thomson Resources Ltd. , advises that the Company has entered into a binding Terms Sheet to acquire the Hortons gold tenement from private company, Syndicate Minerals Pty Ltd . The Hortons gold tenement is situated 30km of Tenterfield in Northern NSW and has high potential for Intrusion-Related Gold System type gold mineralization. The tenement [...]
Emerging lithium miner Sayona Mining Ltd. announced today increased momentum concerning its growth plans in Quebec, Canada, following the restructuring of Nemaska Lithium and Government plans for additional investment in the province's lithium sector. On August 24, the Quebec Government announced a "new start" for Nemaska Lithium, with the [...]
Nova Minerals Ltd. is pleased to announce it is now fully funded to fast track development of the Company's flagship Estelle Gold Project located in the prolific Tintina Gold Belt. Total funds raised from the exercise of the 486.8m quoted options exercised since January 2020 is circa A$15.8 million. These funds bolster the Company's already strong [...]
Torian Resources Ltd. is pleased to provide an update on ongoing desktop works being conducted on its 100% owned Mt Monger - Wombola project. As previously announced, the Company intends to invest a significant portion of the recent fund raisings on systematic exploration of the prospective Mt Monger - Wombola Projects which are located in close [...]
Cohiba Minerals Ltd. is pleased to announce that drilling on its first hole at the Horse Well prospect is progressing well and has passed the 400m mark with a change over from RC drilling to diamond drilling. The diamond drilling is progressing at around 60 - 70m per day indicating that the target depth of 1,200m should be achieved in approximately [...]
The principal activity of Cardinal Resources Ltd. is gold exploration and mine development in Ghana. The Company holds tenements prospective for gold mineralisation in Ghana in two granite-greenstone belts: the Bolgatanga Project and the Namdini Gold Project , which are, respectively, located within the Greenstone Belts in northeast Ghana and the [...]
Wiluna Mining Corp. reports its financial results for the year ended 30 June 2020. Wiluna Mining generated a strong net profit for the year ended 30 June 2020 of $14m. Gross profit and cash flows from operations of A$1m and A$14m respectively, was underpinned by gold production of 61,885oz at an All in Sustaining Cost of A$1,950/oz. Owing to a [...]