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News from 20th February, 2023

*Disclaimer

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TBA: Operational and Commercial Update

TOMBOLA GOLD LTD 🔗 📄 📈

A new crusher has been mobilised to site and operations have resumed.
The Great Australian Mine (GAM) CIP plant has also recommenced operations, leading to the first successful gold pour on 12 February 2023.
Gold prices have increased over the past months providing positive production pricing; however holding costs and overheads have continued to be incurred.

2023-02-20 19:31:00

CYL: Marymia Gold Project Mineral Resource

CATALYST METALS LIMITED 🔗 📄 📈

Catalyst Metals Limited has presented the Marymia Gold Project Mineral Resource Estimate.
The project comprises underground and open pit deposits, with a total resource of 1Moz at 3g/t Au.
Catalyst intends to progress exploration activities at Marymia and has commenced planning for an upcoming exploration program.

2023-02-20 18:48:00

SOR: SOR Generating Electricity From Moisture Update

STRATEGIC ELEMENTS LIMITED 🔗 📄 📈

Energy InkTM is a revolutionary power source that uses moisture in the air to generate electrical energy.
Development focus is on power management for skin patch devices and the investigation of potential R&D pathways for larger-scale energy ink systems.
A successful demonstration of the Energy Ink battery compared to a leading glucose-monitoring skin patch showed it generated over 200% more power than required.

2023-02-20 18:40:00

BMO: New Canadian Lithium Option & Royalty Portfolio Termination

BASTION MINERALS LIMITED 🔗 📄 📈

Bastion Minerals Ltd (BMO) has acquired an option to acquire three highly prospective lithium properties located in Ontario, Canada.
The Pakwan East project comprises 17km2 and is located adjacent to Frontier Lithium Inc's PAK lithium project.
The McCombe North project comprises 33km2 of tenure and abuts the north of the Root Bay properties owned by Green TechGreen Technology Metals (ASX: GT1), where they are drilling the Morrison and McCombe lithium deposits.

2023-02-20 14:58:00

PPH: Scheme of Arrangement update

PUSHPAY HOLDINGS LIMITED 🔗 📄 📈

Accident Compensation Corporation (ACC) intends to vote against the acquisition of Pushpay at NZ$1.34 per share.
The Non-Conflicted Directors unanimously recommend that shareholders vote in favour of the Scheme.
The Non-Conflicted Directors believe the Scheme represents the most compelling risk adjusted value for shareholders.

2023-02-20 13:26:00

ZLD: Zelira Executive Director Appointed

ZELIRA THERAPEUTICS LIMITED 🔗 📄 📈

Greg Blake promoted to Executive Director effective 20 February 2023
Extensive commercial and operational leadership experience in the pharmaceutical and biotech sectors
Worked with Rhythm Biosciences as General Manager leading pre-launch critical pathway and commercialisation planning for domestic and international markets

2023-02-20 12:37:00

ODA: Orcoda Complete $1M Capital Raise

ORCODA LIMITED 🔗 📄 📈

Orcoda Limited (ASX: ODA) has raised $1,000,000 via a share Placement @ 12 cents per share.
The proceeds from the Placement will be used for developing a car management software product.
Any remaining funds shall be used for general working capital.

2023-02-20 11:13:00

MAU: Thick intersections remain open at depth at Lady Julie 4

MAGNETIC RESOURCES NL 🔗 📄 📈

Promising zones of gold mineralisation were identified in the recent drilling programme at Lady Julie North 4 (LJN4).
Stacked zones of gold mineralisation are present in both the central and northern areas with high grade intersections.
Follow up drilling is planned within the central area to further explore the mineralisation.

2023-02-20 10:05:00

AJQ: Armour Signs Gas Supply Heads of Agreement

ARMOUR ENERGY LIMITED 🔗 📄 📈

HOA in place for 14 years supply of gas from Glyde gas discovery to Merlin Diamond Project.
Agreement reinforces hydrocarbon potential of McArthur Basin in Northern Territory.
Development plan will represent first production from the McArthur Basin.

2023-02-20 10:03:00

T88: Evidence of Large Magmatic Hydrothermal System

TAITON RESOURCES LIMITED 🔗 📄 📈

Evidence supports Highway Project being prospective for ore-forming tectonics of Meso-Proterozoic age.
Portable XRF indicated presence of molybdenum and silver in quartz veins hosted in brecciated and silicified rocks.
In 2023, molybdenum prices surged 94% due to supply shortages.

2023-02-20 10:01:00

WMG: MTD022 Assays Confirm Broad Disseminated Mineralisation

WESTERN MINES GROUP LTD 🔗 📄 📈

Assay results from Phase 2 hole MTD022 and wedge MTD022W1 show high MgO dunite down the length of the hole.
Multiple intersections show indications of disseminated sulphide mineralisation including remobilised massive nickel sulphide veinlet mineralisation.
Results include 0.5m at 1.42% Ni, 518ppm Cu, 372ppm Co, 0.41g/t Pt+Pd from 553m and 0.15m at 2.73% Ni, 812ppm Cu, 595ppm Co, 0.10g/t Pt+Pd fr.

2023-02-20 10:01:00

TG1: Cyclops Ni-Cu-PGE EM Modelling

TECHGEN METALS LTD 🔗 📄 📈

Targeting mafic-ultramafic hosted Ni-Cu-PGE massive sulphide mineralisation.
Three high-priority undrilled airborne EM targets (Cyclops 1 – 3 Prospects).
New project aligned with the Company's strategy to acquire advanced battery metals projects in low-risk jurisdictions with strong regulatory framework.

2023-02-20 09:53:00

GMR: GMR hits 57m @ 1.0g/t Gold in Oxide at Kada

GOLDEN RIM RESOURCES LTD 🔗 📄 📈

Exploration drilling at Bereko is ongoing and has identified broad zones of gold mineralisation 9km north of the Mineral Resource Estimate.
RC drilling is now complete at Bereko, with assays pending for 37 holes (3,452m).
3,500 metres of diamond drilling is scheduled to commence mid-February 2023.

2023-02-20 09:49:00

NES: Aircore Drilling Planned for Fortnum Project

NELSON RESOURCES LIMITED. 🔗 📄 📈

Nelson Resources Limited is set to commence a 5,000m aircore drilling program at its 100% owned Fortnum project.
The 50-hole program will test anomalous gold in basement intersected by previous explorers.
The company is engaging with traditional owners of the Fortnum area to finalise an agreement to enable exploration work to proceed.

2023-02-20 09:49:00

WMG: MTD023 - Extensive Mineralised System at Mulga Tank

WESTERN MINES GROUP LTD 🔗 📄 📈

Drilling update hole MTD023 (EIS1) - currently at 1,240m depth, the deepest hole ever drilled at the Mulga Tank Ni-Cu-PGE Project.
Cumulative ~1,100m thickness of high MgO adcumulate dunite with >550m containing disseminated nickel sulphide mineralisation.
Multiple broad zones with pXRF nickel readings >0.4% Ni associated with disseminated sulphides - potential for Type 2 Mt Keith-style mineralisation.

2023-02-20 09:48:00

KKO: Significant Exploration Rights Renewed

KINETIKO ENERGY LTD 🔗 📄 📈

PASA has granted Afro Energy renewals on Exploration Rights 270 and 272.
The Exploration Rights have been renewed for two years.
Kinetiko has approved work programs to accelerate exploration.

2023-02-20 09:44:00

WNR: WNR enters into Offer for the Sale of its Raywood Facility

WINGARA AG LTD 🔗 📄 📈

Wingara AG Ltd has entered into a binding sale agreement with Balco Australia Pty Ltd for the sale of its 100% owned Raywood Hay Processing Facility for A$15.0 million in cash.
The net cash proceeds will be used to retire all debt, invest in new opportunities and determine a Fully Franked Special Dividend to Wingara Shareholders.
The transaction is subject to Wingara Shareholder and other approvals.

2023-02-20 09:42:00

RCE: Recce Selects CMAX for Phase I/II UTI Clinical Trial

RECCE PHARMACEUTICALS LTD 🔗 📄 📈

Recce Pharmaceuticals Ltd has selected South Australia’s CMAX Clinical Research as the independent trial facility to conduct a Phase I/II intravenous (IV) clinical trial of RECCE® 327 (R327).
R327 has in vitro efficacy to reduce E. coli effectively to irreversibly low levels.
If successful, this trial could indicate strong therapeutic potential against UTI infections across all medical treatment settings.

2023-02-20 09:41:00

CEL: Drilling Discovers Two New Zones at Hualilan Gold Project

CHALLENGER EXPLORATION LIMITED 🔗 📄 📈

CEL has identified two new zones of mineralisation parallel to the Magnata Fault.
The best result at Maganta was an intersection of 15.2 metres at 4.7g/t gold equivalent.
An agreement has been entered into to acquire land containing the project and possible extensions to simplify permitting.

2023-02-20 09:41:00

FFG: FFG Restructures ASEAN Fintech Group Limited

FATFISH GROUP LIMITED 🔗 📄 📈

Fatfish Group Ltd is undertaking an internal restructuring to move ASEAN Fintech Group Ltd (AFG) to Indonesia.
The restructuring involves PT Prime Digital Nusantara (PT Prime), a private company owned by Fatfish, becoming the 100% parent company of AFG.
Current shareholders of AFG will receive their pro-rata share in PT Prime with no change to their ownership levels in AFG.

2023-02-20 09:39:00

PLS: Spot sale linked to hydroxide chemical pricing

PILBARA MINERALS LIMITED 🔗 📄 📈

Pilbara Minerals has entered into a sales arrangement for a 15,000 tonne cargo of spodumene concentrate for delivery in the March Quarter.
The sale was made to a chemical converter and is based on a tolling arrangement under which Pilbara Minerals will receive the value of lithium hydroxide price for the product sold.
This is the first time Pilbara Minerals has utilised such a pricing methodology, which has the potential to be highly favourable to the Company.

2023-02-20 09:38:00

GHY: Ramsay Project Airborne Survey Scheduled

GOLD HYDROGEN LIMITED 🔗 📄 📈

Gold Hydrogen's Ramsay Project in South Australia has been approved by the government for a 10,529 line km priority airborne survey.
The survey is designed to identify and refine natural hydrogen targets for Stage One drilling scheduled for Q3 CY2023.
The program plan is expected to quickly highlight areas of higher prospectivity and guide future work program activities to assess the Prospective Resource of natural hydrogen.

2023-02-20 09:37:00

BLG: BLG Secures First Customer Orders

BLUGLASS LIMITED 🔗 📄 📈

BluGlass has received purchase orders for its 405nm and 420nm single-mode devices.
Orders are from leading laser original equipment manufacturers in the quantum and industrial segments.
BluGlass’ lasers received strong interest at Photonics West across all target markets, with additional customer proposals in progress.

2023-02-20 09:33:00

BMR: Dittmer Drilling Intersects Quartz-Sulphide Mineralisation

BALLYMORE RESOURCES LIMITED 🔗 📄 📈

Major drill program advanced to test the recently discovered fault extension of bonanza grade gold and copper bearing Duffer Lode.
Significant quartz-pyrite-chalcopyrite veins have been logged in first four holes drilled.
Initial assay results expected in March with drilling program expected to be completed in April.

2023-02-20 09:31:00

R3D: Mountain Maid Gold Resource Upgrade

R3D RESOURCES LIMITED 🔗 📄 📈

R3D Resources Limited commissioned Bluespoint Mining Services to review historical drilling data and estimate a resource for the Mount Magnet gold project.
The estimated resource includes an inferred resource of 415 koz at 0.34 g/t Au with 80% recovery in the oxide zone.
Higher grade zones have been identified within a quartz monzonite intrusion, creating new exploration opportunities.

2023-02-20 09:31:00

NUH: NUH to Distribute HP PRO Via 3,000 Fuel Medical ENT Clinics

NUHEARA LIMITED 🔗 📄 📈

Nuheara Limited (ASX: NUH) is pleased to announce the commercial availability of its HP Hearing PRO self-fitting, air-conduction, OTC hearing aid.
The HP Hearing Pro is cleared through the FDA’s 510(k) process under a new product classification code “QUH” and is a CES® 2023 Innovation Awards Honoree.
Fuel Medical's over 3000 medical based clinics throughout the US will have the opportunity to offer the HP Hearing Pro at a recommended retail price of $699.00 for a pair.

2023-02-20 09:28:00

MEK: Circle Valley Diamond Drilling Confirms High-Grade Gold

MEEKA METALS LIMITED 🔗 📄 📈

Meeka Metals Limited is pleased to announce high-grade gold assays from diamond drilling at Circle Valley.
The gold is hosted in gneiss and associated with pyrite-biotite-muscovite, with a spatial relationship with potassium feldspar alteration and higher gold grades.
Follow up drilling is now underway based on the results of this short diamond drilling program.

2023-02-20 09:28:00

JAY: Jayride Completes AirportShuttles.com Acquisition

JAYRIDE GROUP LIMITED 🔗 📄 📈

Jayride Group Limited has completed the acquisition of AirportShuttles.com assets.
Integration and testing of the booking system has been successfully completed.
First bookings have been made and travelled successfully.

2023-02-20 09:27:00

ANG: Austin awarded up to $5M by WA State Government

AUSTIN ENGINEERING LIMITED 🔗 📄 📈

Austin Engineering Limited has been selected by the Western Australian Government for a grant of up to $5 million.
The grant will help fund their advanced manufacturing plan and increase production efficiency.
This is part of Austin's global strategy to transform their business in 2021, under the Austin 2.0 strategy.

2023-02-20 09:24:00

NAG: More High-Grade Antimony-Gold in NAD012

NAGAMBIE RESOURCES LIMITED 🔗 📄 📈

The C2 vein system now offers three MCOG stopes with 2.6m EHT at 11.6 g/t AuEq in C2 East, 2.0m EHT at 13.7 g/t AuEq in C2 Middle and 2.4m EHT at 21.1 g/t AuEq in C2 West.
NAD 012 hole also intersected a potential MCOG C1 stope extending the strike length of the C1 vein system to 100m with 1.2m EHT at 5.2 g/t AuEq in C1 West.
All 12 high-grade intersections within the MCOG zones of C1 and C2 vein systems average 16.4 g/t AuEq (6.0% Sb, 5.0 g/t Au).

2023-02-20 09:15:00

JRV: Expansion drilling consolidates RAM deposit extension at ICO

JERVOIS GLOBAL LIMITED 🔗 📄 📈

Jervois's in-fill and expansion drilling campaign at Idaho Cobalt Operations returned promising results throughout last year.
Six expansion drill holes intersected the main mineralized horizon, with 3.1 metre true width @ 0.43% cobalt, 0.17% copper and 0.34 g/t gold.
Results from the completed expansion drilling program will be incorporated into an updated Mineral Resource Estimate in Q2 2023, with final construction and commissioning at ICO continuing and first concentrate production in late Q1 2023.

2023-02-20 09:13:00

TVN: TVN Tivan to Acquire Speewah V-Ti-Fe Project

TIVAN LIMITED 🔗 📄 📈

Tivan has signed a Binding Term Sheet to acquire 100% of the Speewah Vanadium-Titanium-Iron Project in Western Australia from King River Resources Limited for A$20 million.
The Speewah Project holds the largest reported vanadium in titanomagnetite resource in Australia, with 4.7 billion tonnes at 0.30% V2 O 5 , 14.7% Fe and 3.3% TiO 2 (0.23% V2 O 5 cut-off grade).
The acquisition includes all mining tenements, mining information, testwork completed and related intellectual property.

2023-02-20 09:12:00

KRR: Binding Term Sheet signed for sale of Speewah Project

KING RIVER RESOURCES LIMITED 🔗 📄 📈

King River Resources Ltd has signed a binding term sheet with ASX listed resources company Tivan Limited by which Tivan will acquire 100% of the issued capital of Speewah Mining Pty Ltd.
The Speewah Project consists of tenements identified as exploration licences E80/2863, E80/3657, miscellaneous licences L80/43 and L80/47 and mining licences M80/267, M80/268 and M80/269.
The Board previously advised shareholders that it was investigating a potential sale, or joint venture, with a number of parties for the Speewah Project and now believes an outright sale.

2023-02-20 09:12:00

HMD: Successful First Phase - e-Lovu Initial Commercial Rollout

HERAMED LIMITED 🔗 📄 📈

E-Lōvu's initial commercial rollout is progressing well, with positive feedback from patients and providers.
Insurance companies are reimbursing practices for services associated with the new technology enabled care model.
HeraMED signed a binding strategic partnership agreement with e-Lōvu in October 2022 including 1,000 HeraBEAT monitors and licenses, expected to bring in total revenues of ~US$550,000.

2023-02-20 09:07:00

DCC: DigitalX Commences RWAT Journey with Initial Partnership

DIGITALX LIMITED 🔗 📄 📈

DigitalX and Bricklet have signed a binding partnership agreement.
The partnership will combine their respective technologies to match equity capital providers with residential property buyers.
A new "DigitalX Real World Asset Tokenisation Fund" will be launched to manage the tokenised, blockchain-supported equity investments in properties.

2023-02-20 09:02:00

RCR: REE's Targeted near Mt Weld, Laverton Project

RINCON RESOURCES LIMITED 🔗 📄 📈

Rincon has applied for 6 new tenements within 15km of Mt Weld, one of the worlds premier rare earth deposits.
This expands Laverton Project footprint to 127km2 with a dual commodity focus for exploration.
A comprehensive multi-element geochemical sampling program will commence once the tenements have been granted.

2023-02-20 08:57:00

G50: Carlin Type Geochemistry confirmed at White Caps

GOLD 50 LIMITED 🔗 📄 📈

Gold 50 Ltd has defined a 2km zone of key pathfinder elements for Carlin-type gold deposits at the White Caps Project.
One third of 276 soil samples returned >0.1g/t gold and mercury averaged 4.44ppm, considered highly anomalous.
Trenching to begin in early March 2023 with multiple untested targets remaining to be drilled.

2023-02-20 08:54:00

TMR: More 'Bonanza' High-Grade Gold from Elizabeth Gold Project

TEMPUS RESOURCES LTD 🔗 📄 📈

Six drill holes extend the known strike of the Blue Vein and the No. 9 Vein with 'bonanza' and high-grade gold intersections.
The No. 9 Vein has a known strike length of over 250 metres, and the high-grade zone of the Blue Vein over 285 metres.
Multiple high-grade gold zones in sheeted quartz have been discovered, including 5.6g/t gold over 13.70m.

2023-02-20 08:54:00

CVV: Testwork Delivers Positive Results - Caravel Copper Project

CARAVEL MINERALS LIMITED 🔗 📄 📈

High Pressure Grinding Roll (HPGR) tests confirm Pre-Feasibility Study design assumptions, including required crusher performance and reduced energy usage.
Results confirm commercial scale assumptions for a 27Mtp Project with potential for future upside capacity.
Further studies will explore operating strategies to optimise power consumption and pricing.

2023-02-20 08:48:00

FRS: Appointment of Managing Director

FORRESTANIA RESOURCES LIMITED 🔗 📄 📈

Forrestania Resources Limited (ASX: FRS) has appointed Michael Anderson as Managing Director and CEO.
Dr Anderson is a highly credentialed mining executive with a PhD in geology and over 30 years of experience in the resource industry.
He brings technical, corporate, and market expertise to Forrestania, having overseen Firefinch Limited's transformation from $200m to $1.2Bn market capitalisation.

2023-02-20 08:47:00

LNK: Update on the sale of Fund Solutions and expected impairment

LINK ADMINISTRATION HOLDINGS LIMITED 🔗 📄 📈

Link Group is in exclusive negotiation with the Waystone Group in respect of the sale of the whole of its Fund Solutions Business, excluding Woodford related liabilities.
Any transaction with Waystone is subject to successful finalisation of due diligence and finalisation of detailed legal agreements, and to board and other approvals.
Link Group has granted a further period of exclusivity to Waystone to enable the parties to conclude the necessary legal agreements before the end of March 2023.

2023-02-20 08:46:00

TEE: Appointment of Contractor for ATP1069 2D Seismic Acquisition

TOP END ENERGY LIMITED 🔗 📄 📈

Terrex contracted to execute new 120km 2D seismic acquisition over the large Coolibah Prospect.
Program designed to improve chance of success ahead of drilling decision in H2 2023.
Coolibah Prospect is a large anticlinal feature (~278km2) identified from geological and geophysical studies.

2023-02-20 08:46:00

ANX: Evelyn Underground Mining and Metallurgy Studies Finalised

ANAX METALS LIMITED 🔗 📄 📈

Evelyn mine has excellent copper, zinc, silver and gold recoveries (90% copper, 86% zinc).
Salt Creek underground mining study nearing completion.
Whim Creek project is shaping up to be a strategically significant asset for the Pilbara base metal province.

2023-02-20 08:45:00

MBK: Funding Update

METAL BANK LIMITED 🔗 📄 📈

Metal Bank Limited has agreed to provide an unsecured loan facility of A$2 million.
The loan term is 2 years and the interest rate is SOFR plus 2%.
The Company may repay the loan at any time prior to the termination date, and in the event of a capital raising prior to the termination date, the Lenders may elect to convert the principal outstanding plus any accrued interest into ordinary shares.

2023-02-20 08:40:00

GAL: Excellent Metallurgical Test Work Results From Callisto

GALILEO MINING LTD 🔗 📄 📈

Metallurgical test work indicates high recoveries for key metals
Optimisation of flotation conditions expected to improve results
Physical property test work shows mineralisation is moderately hard and within acceptable metallurgical parameters

2023-02-20 08:32:00

LSX: Pani Sale Completed

LION SELECTION GROUP LIMITED. 🔗 📄 📈

Lion Selection Group Ltd has completed the sale of its 72.8M Merdeka shares.
The deferred consideration (US$10M cash) was also received under the sale.
A 2cps special dividend will be paid to shareholders on the register as at 10 March 2023, payable on 3 April 2023.

2023-02-20 08:27:00

SES: SECOS Launches New 95% Certified Recycled MyEcoBag

SECOS GROUP LTD 🔗 📄 📈

SECOS has launched a new 95% Certified Recycled MyEco® range, manufactured from recycled Soft Plastics.
The range is certified to meet Global Recycle Standards, using Post-Consumer Waste.
Initial sales for the range are expected in Q4 FY23 and supported by a national marketing campaign.

2023-02-20 08:26:00

RXL: Midway Emerging as a New High-Grade Gold Discovery

ROX RESOURCES LIMITED 🔗 📄 📈

Rox Resources and Venus Metals have made an initial discovery at the Youanmi Gold Project, with thick high-grade intercepts including 6.76m @ 15.40g/t Au from 169.13m.
The new drilling at Midway confirms the continuity of this developing high-grade discovery located adjacent to the Youanmi mine.
Exploration and resource drilling is proceeding ahead of schedule with 6,434m completed of the planned 23,000m drilling program.

2023-02-20 08:23:00

TOE: Diamond Drilling Recommences at Dusty Nickel Project

TORO ENERGY LIMITED 🔗 📄 📈

Toro Energy Limited has recommenced diamond drilling on its 100% owned Dusty Nickel Project.
The drilling will take place in the Yandal Greenstone Belt, 50km east of the Mt Keith nickel deposit and 15km NE of the Bronzewing Gold Mine.
The 2023 diamond drilling programme will recommence at the Dimma nickel sulphide discovery.

2023-02-20 08:17:00

EXR: SB Energy Sign Term Sheet

ELIXIR ENERGY LIMITED 🔗 📄 📈

Elixir Energy Limited and SB Energy Corp. have executed a Term Sheet to co-develop the Gobi H2 green hydrogen project.
The Term Sheet provides an exclusive framework for the two parties to progress investigations into the feasibility of the project.
The aim is to enter a pilot project by mid 2023.

2023-02-20 08:10:00

PXX: RC drilling defines structures for high-grade gold targets

POLARX LIMITED 🔗 📄 📈

Extensive low-grade gold mineralisation identified in association with sulphides throughout the Star Canyon drill program.
Drilling encountered a concealed fault which offsets the targeted bonanza gold vein, while the surrounding Rochester Rhyolite continues to host wide, low-grade mineralised intercepts.
Follow up RC drill program planned to test high grade gold vein sets in hanging wall and footwall. Induced Polarisation and Airborne Magnetic surveys to be undertaken across Black Canyon and Fourth of July projects.

2023-02-20 08:05:00

KGD: Lithium Drill Target 1.7km Strike - Brunswick Project

KULA GOLD LIMITED 🔗 📄 📈

Kula Gold Limited reports excellent progress on potential lithium bearing pegmatites at its Brunswick Project.
DBGM Prospect extended to 1.7km and a drone magnetics survey is due to commence to further refine drill targets.
First highly anomalous tantalum (Ta) rock chip results of 46ppm on the Hippy Lady East Target.

2023-02-20 08:05:00

HHR: Award of Platform Location & Inter-Field Pipeline Survey

HARTSHEAD RESOURCES NL 🔗 📄 📈

Hartshead Resources NL has awarded a contract for a Geophysical Survey across the Anning and Somerville fields.
Mobilisation of the Geo Ocean III vessel to the Anning and Somerville field locations is expected to occur during April 2023.
In-situ geotechnical testing and laboratory testing of seabed samples will be conducted, with results forming a critical component of the Environmental Statement.

2023-02-20 08:05:00

BGL: Management transitions on pathway to production

BELLEVUE GOLD LIMITED 🔗 📄 📈

Darren Stralow has been appointed as Managing Director and Chief Executive Officer of Bellevue Gold Limited (ASX: BGL) with effect from 1 March 2023.
Mr Stralow is a Mining Engineer with extensive commercial and operational experience.
His prior roles include Chief Development Officer at Northern Star Resources (ASX: NST), where he led the integration of the company's Australian business units.

2023-02-20 08:05:00

LM8: Baker Twin Holes Confirm Continuity of Nickel Mineralisation

LUNNON METALS LIMITED 🔗 📄 📈

Lunnon Metals Limited has completed a diamond drill campaign at the Baker deposit to provide core samples for metallurgical testing.
Results of the Mineral Resource Estimate for Baker stands at 929,000 tonnes at 3.3% nickel for 30,800 contained nickel tonnes.
The diamond drill campaign was designed to maximise recovery of core at the average grade specific to each domain.

2023-02-20 08:04:00

MPG: Aska Lithium Project Expanded

MANY PEAKS GOLD LIMITED 🔗 📄 📈

Many Peaks Gold Limited has granted two additional mineral licences to expand the 'Aska Lithium Project' from 151km2 to 193km2.
The licences are in an emerging lithium district in Newfoundland, Canada and cover a favourable geological setting host to LCT type pegmatites.
New licences have been added to planned mapping and reconnaissance work commencing April 2023.

2023-02-20 08:04:00

IDA: Company Update

INDIANA RESOURCES LIMITED 🔗 📄 📈

Indiana Resources Limited (ASX:IDA) has successfully completed the evidentiary hearing for the dispute with the United Republic of Tanzania.
The Company is preparing post-hearing submissions and remains committed to supporting all activities for arbitration.
The Board has reviewed current exploration activities across its Central Gawler Project in South Australia.

2023-02-20 08:04:00

SP3: Spectur completes acquisition of 3 Crowns Technologies

SPECTUR LIMITED 🔗 📄 📈

Spectur has completed the acquisition of 3 Crowns Technologies.
The Acquisition accelerates and expands Spectur’s vision and strategy.
3CT provides environmental data (camera and other sensors) to help people live better within their environment.

2023-02-20 08:04:00

RGL: Ground Magnetics Finalise Drill Plan at Mt Weld REE Project

RIVERSGOLD LIMITED 🔗 📄 📈

Maiden RC drill program to test multiple targets near Lynas' Mt Weld rare earth oxide mine
Program includes 8-holes and 2,000 metres of drilling to a depth of 250 metres
Approvals being progressed with aim to commence drilling this quarter

2023-02-20 08:04:00

PRN: Ausdrill secures contract extension at Fimiston

PERENTI LIMITED 🔗 📄 📈

Perenti Limited (ASX:PRN) has announced that its subsidiary Ausdrill has been awarded a new 60-month contract at the Northern Star Resources (ASX:NST) owned Kalgoorlie Consolidated Gold Mines (‘KCGM’) Fimiston open pit gold mine in Kalgoorlie, Western Australia.
This new circa $160 million contract will include up to 14 production blast hole drill rigs and is expected to commence on 1 March 2022 and continue to March 2027.
No new capital outlay is expected from Perenti to support this contract.

2023-02-20 08:04:00

PAA: First Patient of Cohort 2 Dosed in MND Trial

PHARMAUST LIMITED 🔗 📄 📈

PharmAust has enrolled its first patient in Cohort 2 for the evaluation of monepantel (MPL) in motor neurone disease (MND).
The patient will be receiving a twice the corresponding dosage received by patients in Cohort 1.
The data from this rising dose study will be key in determining whether to proceed with a Phase 2 trial in MND and to facilitate a Phase 2 study in COVID-19 patients.

2023-02-20 08:03:00

MAH: MACMAHON AGREES TERMS FOR BATU HIJAU PHASE 8

MACMAHON HOLDINGS LIMITED 🔗 📄 📈

AMNT and Macmahon Indonesia have entered into final agreements to carry out the Phase 8 scope of work, with return on capital fee of 15% and potential to earn up to US$10.2 million KPI fee yearly.
Third party financier arrangement in place for partial balance sheet funding with improved margins.
Shareholder approval to be sought at a extraordinary general meeting on 27 March 2023

2023-02-20 08:03:00

CCZ: Optimising Big One Deposit

CASTILLO COPPER LIMITED 🔗 📄 📈

The board has approved plans to assess optimizing the Big One Deposit in the Mt Isa copper-belt via commissioning an independent engineering contractor and re-formulating optimal plans for a drilling campaign.
The board will rank the exploration potential of several targets then present the opportunity to prospective development partners in the Mt Isa region.
Several global mining groups including Rio Tinto, Glencore and Anglo American have operations proximal to CCZ's ground.

2023-02-20 08:03:00

BME: Launches entitlement offer to raise $4.25 million

BLACK MOUNTAIN ENERGY LTD 🔗 📄 📈

2 for 3 pro rata renounceable entitlement offer to raise up to approximately $4.25 million before costs.
Offer price of $0.025 per New Share representing a 37.5 % discount to the last closing share price and a 39.6% discount to the 5 day VWAP.
Major shareholder commitments from Rhett Bennett.

2023-02-20 08:03:00

ESS: Dome North mining lease granted

ESSENTIAL METALS LIMITED 🔗 📄 📈

Mining lease application lodged in September 2022, based on Mineralisation Report and Supporting Statement by SRK.
The area of the mining lease (M15/1896) encompasses 2,408 hectares, with term of 21 years commencing 16 February 2023.
Key next steps include lodgement of Mining Proposal, generated from detailed feasibility studies.

2023-02-20 08:03:00

KLS: Sydney Bus Services Contract Award

KELSIAN GROUP LIMITED 🔗 📄 📈

Kelsian Group Limited (ASX:KLS) has been awarded a new contract to operate bus services in a newly formed Region 2 area from October 2023.
The contract is valued at over $500 million and extends Kelsian's track record of successful organic growth.
The contract includes the combined operation and maintenance of 230 buses located at three depots, to be staffed by nearly 400 employees.

2023-02-20 08:02:00

CNU: Chorus share buyback to re-commence on 24 February 2023

CHORUS LIMITED 🔗 📄 📈

Chorus Limited announced a share buyback programme for a maximum aggregate of NZ$150 million in purchase price.
The buyback programme will run for 12 months from February 2022 and Chorus bought back NZ$72.04 million worth of Chorus shares.
The new buyback programme will be for a maximum aggregate of ~NZ$78 million and up to a maximum of 22,169,893 shares.

2023-02-20 07:34:00

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