News Articles for Anax Metals

Despite the development hype around green projects, the pipeline of traditional resources developments shows mining is still king.

Anax Metals has hatched a plan involving an historic Pilbara mine to crack open the region's copper industry.

GreenTech Metals has intersected thick copper-zinc zones below six shoots during a new 1743m drilling program, indicating significant resource expansion potential at its Whundo project in WA's Pilbara region. The campaign was designed to drill-test underexplored mineralisation along a 2.1km-long string of targets at Whundo and was followed up by DHEM surveys on selected holes in a bid to identify new copper-zinc mineralised zones.

GreenTech Metals has knocked off the first 1743m of a planned 2200m reverse-circulation drilling program to test the Austin, Shelby and Ayshia targets at its Whundo copper-zinc project in Western Australia's Pilbara region. The first phase of the program was designed to test the company's unexplored Austin and Shelby targets and for possible extensions of its Ayshia deposit – all associated with fixed-loop electromagnetic geophysical anomalies.

GreenTech Metals has kicked off its mission to lift the resource numbers at its Whundo base metals project in Western Australia's West Pilbara region after cranking up a new 2200m reverse-circulation drilling program. The company flagged the program a fortnight ago, about a month after revealing that an extensive review, based largely on geophysics, had confirmed significant additional resource potential at the project.

Green Tech Metals and Anax Metals have signed a memorandum of understanding, as both exploration and development companies consider a formalised alliance.

With world copper prices remaining close to all-time highs, GreenTech Metals believes it now has a “significant exploration opportunity” after an exhaustive review at its Whundo project in Western Australia's Pilbara region. The review highlighted four significant volcanogenic massive sulphide copper-zinc targets within a 2.2km-long zone, offering considerable scope for resource extensions to the 5.3 million-tonne Whundo copper-zinc deposit.

Early boots on ground at Reach Resources' White Castle manganese project in WA's Gascoyne region have been handsomely rewarded with high-grade manganese readings up to an eye-catching peak of 48 per cent. The company has amassed an impressive foothold in the emerging critical metals province after acquiring an additional exploration licence from Firebird Metals and extending its tenure to 70km at the prospective Edmund Basin.

Our board moves wrap includes Steven Wood, Bruce Waddell, Eric Moore, Tim Harrison, Jack Fazio, James Ellingford, James Pearse, Justin Tremain, and Abby Siew.

Our board moves wrap includes Andrew Barclay, Matt Hardisty, Melissa Chapman, Matthew Foy, Tim Markwell, Michael Atkins, Debra Bakker, James Wallbank, Simone Suen, Greg Miles, Janet Wicks, RuCai Ding, ShaoFeng Li, Peter Watson, Peter Main, Daniel Harris, David Riekie, and John Hodder.

Aurora Minerals has closed its fully underwritten 1-for-1 entitlement offer, raising $1.17 million at 1 cent a share.

Krakatoa Resources has announced a capital raising $275,000 by way of a placement at 2.2 cents a share.

Wayne Trumble and Philip Clark have retired as non-executive directors of African Energy Resources, but will continue to provide consultancy services when required.

West African-focused gold explorer Predictive Discovery plans to raise up to $1.85 million for further exploration, through a placement and a rights issue backed by its biggest shareholder.

Gold and mineral explorer Golden Rim Resources has announced a $3 million placement, managed by Sprott Private Wealth, for exploration in Burkina Faso and working capital.

Aurora Minerals has executed a three way deal with African Lion and Predictive Discovery, offering African Lion an $800,000 placement and in return receiving a 17.2 per cent slice in Predictive.

HE role of chairman at Australian public companies has traditionally been reserved for experienced industry professionals tired of working in an executive capacity and who are keen to bring an independent viewpoint to the company boardroom.

Shares in Aurora Minerals have climbed slightly after announcing it is in discussions with its 53 per cent-owned subsidiary Desert Energy to enter into a joint venture on its wholly-owned Camel Hills Project in central Western Australia.

The uranium spin-off of Perth-based gold explorer Aurora Minerals Ltd, Desert Energy Ltd, has raised the full $8 million in offer and oversubscriptions to fund exploration of its projects.

Has entered into a joint venture with New Zealand company Emerald Mining Ltd on Aurora'sHazelbrook gold project in the North Island of New Zealand.

Advise that 146,00 ordinary shares will be released from escrow on 12 March 2005

Aurora Minerals Ltd14-Jan-05