Perth, Australia (ABN Newswire) - During the year, MZI Resources Ltd. (ASX:MZI) commenced construction and development of the Keysbrook Project in Western Australia. The following significant achievements occurred during the year: - Final investment decision for the Keysbrook Project; - Execution and drawdown of finance facilities of [...]
McEwen Mining is pleased to announce results of a Feasibility Study (FS) for its 100% owned Gold Bar Project in Nevada. The key outcomes of the study include: Low initial capital of $60 million; Attractive IRR of 20% at current gold price; Average annual gold production of 65,000 oz; and Estimated average cash cost of $728/oz. The FS was prepared [...]
Crusader announce sampling of individual samples from previously released composite sample results return up to 3m @ 161 g/t gold (inc. 1m @ 329 g/t gold from 101m in MR-10/2015 -Dona Maria prospect) The original 4m composite sample results from MR-10/2015 returned 12m @ 35.13 g/t gold from 99m. Single metre samples from this composite were [...]
Rum Jungle Resources are pleased to provide an update on the Dingo Hole Silica - Initial Processing Results. Background Rum Jungle Resources announced initial surface sampling silica exploration results to the ASX on 20 July 2015. Subsequently, Rum Jungle Resources engaged Dorfner Anzaplan of Germany to conduct initial processing test work on [...]
Tiger Resources is pleased to announce that it has agreed a terms sheet with Taurus Mining Finance Fund and International Finance Corp., a member of the World Bank Group, for a common terms agreement for a USD162.5m secured financing facility for the refinancing and expansion of the Kipoi Copper Project in the Katanga Province of the Democratic [...]
Argent Minerals is pleased to advise that it has commenced the extended reach deep diamond drilling program at the Company's Kempfield Polymetallic Project in New South Wales. The first of two diamond drilling rigs arrived at site on Wednesday 21 October 2015, to commence drilling the first hole of the planned seven hole 3,200 metre program. An [...]
Bauxite Resources advises that following the signing of the non-binding MOU for the resolution of the dispute and determination of the joint ventures with Yankuang, with the likely consequential change in focus and direction for BRL going forward, the current Chief Executive Officer and Executive Director Peter Canterbury has resigned his position [...]
Representatives of Bauxite Resources, Yankuang Resources Pty Ltd (Yankuang), and Yankuang Group Company, on 21 October 2015, signed a non-binding memorandum of understanding (MOU) recording that they have negotiated a number of proposed transaction documents which, if approved by the respective Boards of Directors of BRL, Yankuang and YGL will see [...]
KGL Resources recently completed a 3D - Induced Polarisation (3DIP) & Magnetotelluric (MT) survey in the Bellbird region to search for additional sulphide mineralisation in a poorly tested and yet highly prospective portion of the 12km long mineralised corridor at Jervois (Northern Territory). A strong coincident IP chargeability and conductivity [...]
Orocobre wishes to advise on progress at the Olaroz Lithium Facility. Highlights: - Production ramp up continues with production of approximately 256 tonnes of lithium carbonate in September, in line with forecast. Of this total there was approximately 50 tonnes of saleable lithium carbonate produced in the month that was recovered within the [...]
ABM Resources are pleased to provide the Company's Quarterly Activities and Cashflow Report for the 3 months ended 30 September 2015. Highlights from Old Pirate Gold Mine - Four pits being developed concurrently - Completed commissioning of the Coyote Processing Plant - 10,013 ounces of gold produced to 30th September 2015 * Comprising 8,281 [...]
Thomson Resources is pleased to announce drilling results from its second round of drilling at the Bygoo tin project near the Ardlethan tin mine, NSW. Five RC holes for 600m were drilled to test the newly discovered tin-bearing greisen from the first round of drilling completed in July. Highlights: - Exceptional intercept of 35m at 2.1% Sn from [...]