Magnis Energy Technologies Ltd. is pleased to provide an update from iM3NY of which the Company is the major shareholder. Bridging Finance Following the Company's recent successful capital raise, Magnis has provided bridging finance to iM3NY LLC for the benefit of its subsidiary Imperium 3 New York Inc as it progresses its long-term funding [...]
Uranium developer Deep Yellow Ltd. is pleased to announce an upgrade of the Mineral Resource Estimate from JORC to JORC for the Aussinanis Project located in MDRL3498 in Namibia and only 40 km south of the Tumas 3 deposit. HIGHLIGHTS - Exploration completed between 2007-2014 at the Aussinanis Project established an Indicated and Inferred Resource [...]
WA-focused gold exploration and development company Classic Minerals Ltd. is pleased to report that construction activities are continuing at the Kat Gap processing facility. Classic has achieved an estimated 80% completion of the construction of the Kat Gap Tailings Storage Facility . Site construction is currently focused on surface earthworks [...]
Rox Resources Ltd. and its joint venture partner Venus Metals Corporation Ltd. are pleased to advise that they have entered into a binding agreement to consolidate their respective ownership interests in the Youanmi Gold Project in Western Australia. Under the agreement, Rox will acquire Venus' gold interests in each of its Youanmi joint ventures [...]
Deep Yellow Ltd. advises that the follow-up drill program on the Nova Joint Venture Project in Namibia was completed on 21 February 2023. The program, which included thirteen RC holes and one RC pre-collared diamond cored hole EPL3669, see Figure 1) totalling 1,597m, was aimed at further exploring the Barking Gecko North and East, Iguana and [...]
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 [...]
Horizon Minerals Ltd. is pleased to advise that it has received firm bids to place approximately 74.1 million fully paid ordinary shares in the Company at $0.045 per share to raise approximately $3.34 million. Funds from the Placement will be used to advance the proposed high-grade Cannon underground mine scheduled for development in H2 CY2023. 1 [...]
Further to the Cobalt Blue Holdings Ltd.'s announcement of 22 March 2023, please see attached Webinar presentation. Details of the webinar are set out below. TOPIC: BHCP Definitive Feasibility Study Update and COB Business Update. Date: Wednesday 29 March 2023 Time: 1:00pm AEDT Format: Presentation update followed by Q&A Duration: 45 minutes Please [...]
Horizon Minerals Ltd.'s plans are to advance the Cannon underground in H2 2023 getting back into production and cash generation. Cannon produces 16,000 ounces at AISC ~$1,900/oz delivering high margins at current A$ gold prices. We have a selected our contract / JV partner and working on formal docs and logistics now. We have a milling allocation [...]
Further soil sampling and preparation for the upcoming 10,000m aircore programme are underway at Cobre Ltd.'s Kitlanya West Project which, combined with the Ngami Copper Project , covers ~2,700km2 of prospective terrane for sedimentary hosted copper-silver deposits on the northern margin of the Kalahari Copper Belt . Highlights: - Interpretation of [...]
Magnis Energy Technologies Ltd. is pleased to announce that it has completed funding from L1 Capital Global Opportunities Master Fund and Regal Funds Management as trustee for one or more funds . As previously announced to the market, the funding is structured as an equity linked pre-paid share subscription facility agreement for a total of up to [...]
Cyprium Metals Ltd. provides the following update in relation to its funding requirements and the commencement of a strategic review. Secured Loan Deed As outlined in the Company's 23 February 2023 ASX Announcement, the Company was unable to secure senior debt financing for the Nifty Copper Project Restart on commercially attractive terms and as a [...]