Venus Metals and Rox Resources have acquired a 90% stake in the historical high-grade Currans Find prospect located 5km from Spectrum Metals' high-grade Penny West gold deposit in the Murchison region of WA. Historical records show that 6874 tons at an average grade of 13g/ton gold were treated from Currans Find, which has similar rock types to those that host the Penny West and nearby Columbia–Magenta deposits.
Small cap listed explorers Rox Resources and Venus metals have joined forces to breathe new life into the historic Youanmi gold mine in a deal that looks like a win win for both parties. With the gold price hovering at around AUD$400 an ounce in 1997, Youanmi was closed down with well over a million ounces still in the ground at good grades.
Rox Resources will start poking holes in its exciting looking portfolio of WA-based gold projects in the northeastern Goldfields next quarter with a view to proving up new mineral resources in the under-explored region. The company already holds 89,000 resource ounces at its Mt Fisher project and confidently expects to grow this with a full revision of historical data and a focussed work program.
Our daily board moves wrap includes Christopher (Robert) Wanless, Tom Eadie, Brett Tucker, Nicolaus Heinen, Stephe Wilks, Sahm Nasseri, Alex Passmore, Ian Mulholland, Craig Hall, Neil Porter, David English, Todd Hibberd, and Dan Smith.
Rox Resources has released an updated scoping study for its Fisher East nickel project following an improvement in market conditions, with a forecast capital cost of between $85 million and $125 million.
Ian Murray has been appointed non-executive chairman of gold producer Gascoyne Resources, two months after announcing his retirement from Gold Road Resources.
Great Southern Mining has received commitments from sophisticated investors for the placement of 34 million shares at an issue price of $0.0375 a share to raise approximately $1.275 million.
Four local mining companies have announced new chief executives as the industry shifts its focus to the annual Diggers & Dealers conference in Kalgoorlie, which kicked off today.
Automotive Holdings Group today announced that HNA International (HNA) has confirmed that it is terminating the agreement announced on 23 November 2017 to acquire the Company's Refrigerated Logisti
West Perth-based Rox Resources has announced plans to spin-out its Mt Fisher gold project into a newly established company, Helios Gold, via an initial public offering.
Innovative shareholder registry management company, Advanced Share Registry is pleased to announce it has signed a binding agreement with Private Company Platform Pty Ltd to acquire a 51% sharehold
Marindi Metals has conceded defeat in its Supreme Court fight against Kidman Resources over rights to the Mt Holland lithium operation, and has accepted a small settlement payout from Rox Resources over a separate matter.
Rox Resources has locked horns with Marindi Metals over a failed bid to acquire its stake in the Reward zinc project, a day after Marindi started legal action against Kidman Resources over another deal which Kidman says doesn't exist.
Rox Resources' joint venture partner Teck Australia has matched a competing bid for the company's stake in the Reward zinc-lead project in the Northern Territory for up to $20.6 million.
Rox Resources' joint venture partner Teck Australia has voiced concern today with the company's proposed sale of its stake in the Reward zinc-lead project to Marindi Metals, after competing bidder IM Medical said last week an exclusivity agreement had been breached.
Perth-based Rox Resources accepted a revised offer from Marindi Metals for its stake in the Reward zinc-lead project in the Northern Territory, with the new cash-and-scrip deal worth $21 million.
Rox Resources has received a competing offer for its stake in the Reward zinc project in the Northern Territory, with Marindi Metals saying its offer will expire at 5pm today if it is not accepted.
Listed companies IM Medical and Rox Resources have struck a $15 million project deal that highlights the shift in market interest from technology stocks to the mining sector.
Shares in Rox Resources more than doubled today on the back of a strong zinc and lead drilling result at a project in the Northern Territory, while Dacian Gold was up 7 per cent following results in Western Australia.
Local explorer Rox Resources is considering either selling its Reward zinc project or spinning it out into a new company, as part of a strategic review of its projects and assets.
Michael Fotios, who made a fortune backing gold miner Northern Star Resources, is heading back to the stockmarket to tap into what he calls “a marked increase in investor interest over the last 3 months”.
Mineral sleuth Rox Resources has raised $2.4 million for exploration programs and working capital in a share purchase plan, the company announced today.
Canadian resources giant Teck has exercised its right to earn an additional interest in Rox Resources' Reward zinc project and will spend an additional $10 million on exploring the tenements.
Shares in Rox Resources have more than doubled in value after the Perth-based explorer reported spectacular drilling results at its Reward zinc project in the Northern Territory.
Junior miners Gold Road Resources, Rox Resources and Nkwe Platinum are raising a combined total of $14.95 million to accelerate exploration programs at their respective developments.
Rox Resources' share price has lost some of the headway it gained from a nickel discovery late last year, with drilling results suggesting the explorer has yet to hit the “sweet spot”, an analyst s
Rox Resources shares have spiked 12 per cent after the company unveiled a maiden JORC-compliant gold resource at its Mt Fisher gold project in the northern Goldfields.
Diversified Perth-based explorer Rox Resources says it will acquire the Mt Fisher operation from Avoca Resources, in a conditional all-scrip offer that values the gold-nickel project at around $1.2 million, on today's share price.
Rox Resources says it has agreed to key terms for a farm-in and joint venture with Canadian mining company Teck Resources for the Myrtle zinc-lead deposit in the Northern Territory.
Rio Tinto is to become the major shareholder in West Perth-based Rox Resources after reaching an agreement over the Reward zinc and lead project in the Northern Territory.
Subiaco-based Rox Resources has entered into an agreement with a Chinese minerals company for the majority sale of its Myrtle zinc-lead project for $12.5 million cash.
