BUX: Copper Wolf Project Drilling

BUXTON RESOURCES LIMITED

• Buxton Resources' first drill hole at the Copper Wolf Project in Arizona has intersected a well-mineralized Cu-Mo porphyry system at 611.67 meters depth, a significant milestone for the project.
• Drilling is currently paused while changing over to a larger drill rig, with coring expected to resume soon.
• The new drilling contractor has been secured and is currently mobilizing to the site.

2023-06-05 08:22:00

BUX: Graphite Bull Metallurgy & Drilling Update

BUXTON RESOURCES LIMITED

• An excellent 92.1% recovery into 96.7% TGC con for Bulk Sample #2
• Bulk run to generate >10 kg of concentrate commencing this week
• Preparations underway for a 5,000 metre drill program in June/July

2023-05-17 08:17:00

BUX: Oversubscribed Share Purchase Plan

BUXTON RESOURCES LIMITED

• Share Purchase Plan closed with applications totalling $2.791 million, surpassing the targeted amount of $2.5 million.
• Strong interest from existing shareholders results in scale-back of applications, with 15,625,000 new SPP shares to be issued and allotted on 9 May 2023.
• Funds raised will be used to fund exploration and development activities, as well as support the Graphite Bull Project and other ongoing project assessments.

2023-05-03 09:50:00

BUX: Graphite Bulll Metallurgy Update

BUXTON RESOURCES LIMITED

• First bulk sample of >95% TGC Flake concentrate sent to Germany for downstream testwork, results expected June-August.
• Second bulk sample in process by another lab, dispatch expected by end of June.
• More extensive downstream testwork planned at a second independent facility from August to November.

2023-05-01 08:16:00

BUX: Graphite Bull - Drilling Assays

BUXTON RESOURCES LIMITED

• Recent drilling at Graphite Bull project delivers high-grade graphite intersections over considerable widths.
• Confirmed minimum 2.0 km strike of high-grade, thick graphite mineralization which remains open.
• Baseline biological surveys have commenced to support environmental assessments and approvals.

2023-04-19 09:41:00

BUX: Copper Wolf Drilling Commences

BUXTON RESOURCES LIMITED

• Buxton's maiden Copper Wolf diamond drilling program has commenced in Arizona, USA.
• The drilling is expected to take a minimum of four weeks, targeting an area beneath historical hole RC-UC-17.
• The project is 100% funded by IGO as part of pre-earn-in Option.

2023-04-11 08:21:00

BUX: Graphite Bull Update - Metallurgy

BUXTON RESOURCES LIMITED

• Successful metallurgical sighter testwork program completed.
• Flotation achieved >95% TGC concentrate at high recoveries.
• Concentrate grades >98% TGC achieved from flotation alone, indicating easy purification to battery quality.

2023-03-13 08:17:00

BUX: Exploration Update - Graphite Bull Project

BUXTON RESOURCES LIMITED

• Recent RC drilling confirmed the presence of graphite mineralisation extending along at least 1,880 metres of strike.
• Results showed that EM is a reliable indicator for graphite mineralisation, implying potential to expand the resource base.
• Buxton is proceeding with bulk sample run for anode testwork in light of successful drilling results and metallurgical testwork.

2023-03-02 08:14:00

BUX: Exploration Update - Graphite Bull Project

BUXTON RESOURCES LIMITED

• Five holes drilled to test EM targets intersected graphite mineralisation.
• Confirmed strike extent of over 1,880 metres.
• RC drill program completed.

2023-02-22 11:15:00

BUX: Drilling program commenced at Graphite Bull Project

BUXTON RESOURCES LIMITED

• A Reverse Circulation (RC) drilling program of approximately 1,000 metres has commenced.
• The program aims to test the ~2,300 metre strike length of potential graphite mineralisation.
• The drilling program is expected to be completed within two weeks.

2023-02-16 09:15:00

BUX: Diamond drilling to commence at Copper Wolf Project

BUXTON RESOURCES LIMITED

• IGO will fund a deep diamond drill hole at the Copper Wolf Project as part of their due diligence program.
• IGO may earn up to 70% Joint Venture interest in the project over 2 years.
• Diamond drilling is expected to commence in March, subject to rig availability.

2023-02-14 09:05:00

BUX: Exploration Update - Graphite Bull Project

BUXTON RESOURCES LIMITED

• Buxton Resources Ltd has completed modeling of the Ground EM survey at their Graphite Bull project in the Gascoyne Region, WA.
• Multiple high-conductance plates were identified, with conductance averaging 3,600 Siemens up to 10,300 Siemens.
• Scout drilling program is imminent to test for strike extensions and potential additional graphite resources.

2023-02-07 09:06:00

BUX: Exploration Update - Narryer Project

BUXTON RESOURCES LIMITED

• Buxton Resources Ltd has commenced Moving Loop Electromagnetic survey at its Narryer JV Project.
• Funding for exploration activities is 100% provided by IGO.
• The survey plan includes 2021 gravity survey imagery.

2023-01-30 09:12:00

BUX: Exploration Update - Graphite Bull Project

BUXTON RESOURCES LIMITED

1. Site Heritage Polygon Survey completed
2. Graphite specialists Battery Limits and IMO advancing metallurgical studies
3. Moving Loop EM Resource extensional survey has commenced

2023-01-10 09:07:00