Balmoral Resources announced today that drilling has resumed on the Company's wholly owned Martiniere Gold Project located along the Detour Gold Trend in Central Quebec. Drilling at Martiniere will initially focus on further testing of the southern segment of the Bug Lake Gold Zone following the success of the winter 2014 drill program in this [...]
Southern Cross Goldfields is pleased to release the attached presentation to investors titled "Debt and Equity package to leave SXG fully funded for development". Below are the highlights from the presentation: - New cornerstone investor, TrailStone Group, backing SXG management team. - A$60M development funding package secured. - A$6 million [...]
Hudson Resources Limited has accepted Sovereign Gold Company offer for its Mount Adrah shares and options bringing Sovereign Gold's interest in Mount Adrah Gold to 95.9%. Sovereign Gold's offer is for the full acquisition of Mount Adrah Gold. Sovereign Gold is offering Mount Adrah Shareholders four Sovereign Gold shares (at 4.8 cents on [...]
ABM Resources NL, in reference to its latest announcement released on 7 July 2014, provides a webcast with the following details: ABM secures plant for Old Pirate ore treatment. Speaker: Darren Holden, Managing Director. Live date: Tue, 8 Jul 2014 10:30am AEST. Access this webcast at: brrmedia.com/event/124504
Australian mining company, Southern Cross Goldfields, has secured a A$60 million debt package and a new cornerstone investor to fully fund its existing project pipeline, leaving it ideally positioned to seize further expansion opportunities. TrailStone Group, a global commodity trading and logistics company backed with a US$500 million commitment [...]
The Directors of Western Desert Resources provide the following operational performance update for the month ended 30 June 2014. Operational: Deployment of new multicat tug on 23 June 2014 results in record ship loading timeframe of 5 days for a 55,000 tonne vessel prior to 30 June 2014; Successful transition to new Barging Operator from 15 June [...]
ABM Resources is pleased to announce that it has reached agreement with Tanami Exploration, to lease the Coyote Gold Plant and associated infrastructure for processing of ores from the Old Pirate High-Grade Gold Deposit in the Northern Territory, a haulage distance of 77 kilometres. The agreement, which is subject to several conditions precedent [...]
Raffles Capital and Sovereign Gold have entered into a Share Acquisition Agreement bringing Sovereign Gold's interest in Mount Adrah Gold to 76.12%. Sovereign Gold will make an offer for the full acquisition of Mount Adrah Gold Ltd. Sovereign Gold is offering Mount Adrah Shareholders four Sovereign Gold shares (last traded price was 4.8 cents) for [...]
Sovereign Gold provides an update on the current activities of its subsidiary company Mount Adrah in relation to its activities outside of the Hobbs area.ExplorationExploration in areas of Mount Adrah's significant tenure outside the Mount Adrah Gold Project focus area is advancing. Two new key greenfield targets have been identified. These [...]
Rum Jungle Resources Lake Hopkins Exploration Update. Heli-air core drilling was completed at Lake Hopkins (WA) on 13 June. Eighteen holes were drilled for 382 m with holes drilled to an average 21 m depth; Brine results have been received and reveal medium to high grade potassium sulfate with up to 10,371 mg/L K2SO4. Highlights - Heli-air core [...]
Atrum Coa is pleased to announce the appointment of Mr Cameron Vorias to the Board as a Non-Executive Director. Commenting on the appointment, Chairman Mr James Chisholm stated:"We are pleased to welcome Cameron to the team at a time when Atrum is looking to mine its first anthracite. He has built and operated a number of coal mines for major [...]
Rum Jungle Resources provides their Ammaroo Phosphate project's pre-feasibility study and updates on their Karinga Lakes Potash scoping study. Ammaroo Phosphate Project Pre-Feasibility Study: The Ammaroo Phosphate pre-feasibility has moved into the completion phase, its third and final phase. The second phase, labelled the definition phase, has now [...]