Javelin Minerals believes new assays from two of its projects in central New South Wales indicate the company is drilling the same ultramafic rock that mining giant Rio Tinto valued at $21 million, just 4km away. Management considers its Husky and Malamute projects to have excellent prospectivity for scandium and rare earths, in addition to precious, base and battery metals.
Today's board moves wrap includes Sam Smart, Rebecca Broughton, Garry Plowright, Mike Bell, Craig McGuckin, Timothy Morrison, Ricky Lau, Alex Ko, Michael Rosenstreich, and Peter Lester.
Helix Resources has made some board and management changes in order to accelerate progress on its 100%-owned Collerina Copper Project in central New South Wales.
Helix Resources is pleased to announce the completion of a placement to raise $0.9m via the issue of 30,000,000 at the last market close price of 3 cents.
Aspire Mining is pleased to announce that pre-commitments for the minimum $1.7 million dollar raising condition of the $15m Strategic Funding package have been received.
Black Mountain Resources Limited is pleased to update shareholders on the following restructure initiatives that have been agreed to by the Company and its major lender, Richmond Partners Masters L
Emerging Goldfields explorer NTM Gold Limited (ASX: NTM) (“NTM” or “the Company”) is pleased to announce it has raised $1.5 million in a heavily oversubscribed placement of new shares.
Local minerals explorer Helix Resources has offered a 50.1 per cent stake in its Joshua project in Chile to EPG Exploration Fund, in exchange for drilling services and about $3.9 million.
Perth-based gold miner Doray Minerals has agreed to purchase a majority interest in Archean Star Resources' Gnaweeda gold project in the Murchison region of Western Australia.
Helix Resources has signed an agreement with Japan's Mitsubishi Materials Corporation for the development of the Joshua copper project in Chile that could be worth up to $19.5 million.
Helix Resources hopes to raise $2.28 million via a placement to advance exploration and evaluation at the company's minerals project in Australia and overseas.
Perth-based explorers Giralia Resources and Helix Resources will spin-off their Gascoyne gold assets into new company, Gascoyne Resources, which will seek to raise $6 million through an initial public offer.
Helix Resources Ltd spin-off Platina Resources Ltd has lodged a prospectus for an initial public offering of up to $6.2 million (minimum amount $4.3 million) to fund exploration and further advancing current projects.
Announced a Heads of Agreement has been reached for the establishment of a new iron ore joint venture to explore for iron ore on Helix's Yalleen project in the Hamersley region.
