WA-focused gold exploration and development company Classic Minerals Ltd. is pleased to report that the application for the water pipeline pathway from the bore to the plant site has been approved. This is another major milestone for the Company and a vital ingredient for the gold processing plant. Strategically the water bore is located adjacent [...]
Cohiba Minerals Ltd. is pleased to provide an update on its explorations activities and a technical report on hole HWDD07. - Hole HWDD08 completed to a depth of 1,509.9m with samples being prepared for assaying. - Assay results expected soon for HWDD01 and HWDD02 - Assay results expected soon for PSDDH01 - 474 samples have been submitted for [...]
Deep Yellow Ltd. is pleased to provide an update on the progress of the Tumas Definitive Feasibility Study status and the evaluation work undertaken on Mulga Rock Project since the merger with Vimy Resources Ltd. occurred on 5 August 2022. Tumas DFS The Tumas DFS has been completed, and the draft of the study document is under internal review by [...]
Musgrave Minerals Ltd. is pleased to advise that it has received firm commitments to raise $8 million via a placement of 40,000,000 fully paid ordinary shares in the Company at an issue price of $0.20 per New Share to institutional, professional and sophisticated investors . The Placement was underpinned by new institutional investors as well as [...]
Horizon Minerals Ltd. drilled over 40,000m of drilling and released spectacular gold results from Cannon-Golden Ridge, Binduli-Teal and new project areas within the 1,100km2 portfolio. The new discovery program not only intercepted high grade gold but exciting new minerals including Ni, Cu, Pt, Pd and rare earths. While our focus will always remain [...]
Cobalt Blue Holdings Ltd. has had a constructive year, making significant progress on the Broken Hill Cobalt Project as the world emerges from COVID's embrace. Our milestones included: 1. Pilot Plant construction, commissioning and operations - COB processed 43 tonnes of drill sample into 8 tonnes of concentrate, which was furtherrefined into Mixed [...]
Emerging lithium producer Sayona Mining Ltd. has further progressed the restart of production at its North American Lithium operation in Quebec, Canada, with procurement and permitting nearing completion. The NAL operation is on track for recommencement of production in Q1 2023, with procurement 98% completed and permitting 96% finalised as of the [...]
WA-focused gold mining company, Classic Minerals Ltd. is pleased to provide an update on the progress at Kat Gap. Pursuant to the final approval received for the Tailings Storage Facility , earthworks have commenced. The boundaries of the TSF have been demarcated and the topsoil is being pushed back. Highlights - Full speed ahead for processing [...]
Horizon Minerals Ltd. is pleased to advise further to the announcement of 19 October 2022 that the Company has executed a detailed Loan Agreement and General Security Deed with Nebari Partners LLC for a US$5 million secured credit facility. The credit facility is comprised of a two tranche Convertible Loan Facility with US$2 million in Tranche 1 [...]
Nova Minerals Ltd. has received firm commitments for a placement of A$20m at A$0.70 per share along with up to a US$7m convertible facility from Nebari. Every two new shares issued under the Placement will have one attaching option with an exercise price of A$1.10 and an expiry on 30 November 2024. A portion of the options will be subject to [...]
Clean lithium developer Lake Resources NL is pleased to advise that a contract amendment has been signed to resolve the dispute between Lilac Solutions and Lake Resources . This amendment allows the teams to reset the relationship and jointly focus on delivery of the world class Kachi Project which will lead the industry in terms of high-quality [...]
Musgrave Minerals Ltd. is pleased to report further strong assay results from reverse circulation drilling at the Big Sky deposit south-west of Lena and Break of Day, on its 100% owned ground at its flagship Cue Gold Project in Western Australia's Murchison district . The results are from a combination of infill and extensional drilling and [...]