News Articles for Mount Ridley Mines

The Bulls N' Bears ASX Runner of the Week is… Mont Royal Resources, after it exploded back from merger purgatory with a Canadian rare-earths relisting. Mount Ridley Mines doubled down on gallium glory revealing new management for Australia's largest gallium resource that was found hiding in untested historic drill hole results. HitIQ crunched a Monash University deal for its concussion detection mouthguards and XPON Technologies flipped cash-burn into black-ink bliss from its recent marketing acquisition.

This week's appointments include Alan Barrett, Karen Hook, Allister Caird, Marah Braye, Vanessa Guthrie, Michael Corboy, Lee Lawler, Rachelle Lewis, Karen Ho, Dylan Ogilvie, Jessica Steliou, and others.

The Bulls N' Bears ASX Runner of the Week is… Mount Ridley Mines, which unearthed a monster 24,584-tonne gallium resource from its WA clay rare earths project. Eden Innovations cashed in on AI data centre fever, Whitebark Energy breathed new life into its Warro gas behemoth with giant dry gas-zone revelations and Pivotal Metals pocketed $5.4m to drill Quebec's copper-nickel veins as the red metal hits record highs.

Bulls N' Bears ASX Runner of the Week is… OD6 Metals, after it unveiled a low capex, lower-cost product from its mammoth Splinter Rock rare earth project near Esperance. Mount Ridley Mines rode the rare earths coattails based on its nearology to OD6 in the rare earths region, ActivePort Group launched an Australian first private cloud superhighway and Energy Transition Minerals shot up on a 60 Minutes story on its monster Greenland rare earths project.

Emu NL expects an October assay return after completing a maiden drilling program on time and on budget at its Condingup clay-hosted rare earths project near Esperance on Western Australia's south coast. The company says 34 holes for 2762m targeted clay traps adjacent to and overlying the Booanya granite outcrops that produced rock chips testing as high as 2124ppm TREO.

Terrain Minerals has joined the frenetic exploration and drilling fray in Western Australia's up-and-coming, clay-hosted rare earths province near Esperance. The company has joined the ever-growing rare earths search party in the area by launching a maiden proof-of-concept drilling program after securing heritage approval at its 100 per cent-owned, 320-square-kilometre Lort River project, just 50km north-west of the town.

With an ever-increasing spotlight shining on rare earths, a former sleepy tourist town on the WA south coast could be on the cusp of becoming the next epicentre of a rare earths mineral boom. One of the major attractions of the area is the discovery of “clay-hosted” rare earths which, unlike their hard rock counterparts, can be considerably easier to mine – and they can exist in vast quantities.

ASX-listed Meeka Gold appears to be unlocking more rare earths potential at its Circle Valley gold project 95 kilometres north of Esperance in Western Australia. The explorer says it has now defined ionic adsorption clay mineralisation over an area of 7km by 5km, yielding higher than 300 parts per million total rare earths oxides.

Today's board moves wrap includes Belinda Cleminson, Tino Kapfumo, Michael van Uffelen, Barry Patterson, Joel Ives, Brett Tucker, Michael Rosenstreich, Justyn Stedwell, XiaoPing Yang, Narinder Singh, Sung Oh Lee, Rose Haddon, Rishi Singh, Carol Marinkovich, Shannon Coates, Fiona van Maanen, Damian Black, Graeme Johnston, David Crook, Shannon Green, Sufian Ahmad, Matthew O'Kane, and Jamie Myers.

A summary of the smaller deals from last week, which did not get included in our daily news coverage.

Our daily board moves wrap includes Tim Mason, Charlie Bass, Tim Staermose, Colin La Galia, Martine Keenan, Paul Goldfinch, Simon Mitchell, Ashley Hood, and Ian Macliver.

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.

Family Zone Cyber Safety has appointed Sir Peter Westmacott GCMG LVO as a non-executive director.

Overland Resources Limited is pleased to advise that it has executed a Sale and Purchase Agreement with Peter Gianni to acquire a 100% interest in Exploration Licence Application 53/1971 for a tota

Welshpool-based Mount Ridley Mines has announced a $3.24 million placement for exploration at its Fraser Range nickel-copper project, with the company already receiving commitments in excess of this amount.

AXG Mining has appointed former Barra Resources managing director Dean Goodwin as managing director and Thompson Downey Cooper principal Robert Downey as non-executive chairman, to replace Guy Le P

Advise that 17,425,000 ordinary fully paid shares will be released from escrow on or after 15 September 2006.

AXG Mining Limited Proposed code: AXCIssue price: $0.20

AXG Mining LimitedProposed code: AXCIssue price: $0.20Principal activities: Gold explorer

AXG Mining Limited Proposed code: AXC Issue price: $0.20 Principal activities: Gold explorer

AXG Mining Limited Proposed code: AXC Issue price: $0.20 Principal activities: Gold explorer

AXG Mining Limited Proposed code: AXC Issue price: $0.20 Principal activities: Gold explorer

AXG Mining Limited Proposed code: AXC Issue price: $0.20 Principal activities: Gold explorer

April 28 AXG Mining Limited Proposed code: AXC Issue price: $0.20

April 28 AXG Mining Limited Proposed code: AXC

April 28 AXG Mining Limited Proposed code: AXC Issue price: $0.20