Beowulf (AIM: BEM; Spotlight: BEO), and its wholly owned Finnish subsidiary Grafintec Oy (“Grafintec”) or (“Company”), is pleased to announce that the Company has been granted €232,000 by Business Finland. The grant funding of €232,000 is equivalent to 50 per cent of the 3-year €464,000 budget for Grafintec’s ‘Management and Valorisation of Waste Streams in the Coated Spherical Graphite Production Process’ project.
Read moreNew Generation Minerals – Business Update
Applications for over A$20 million of grant funding now well advanced, supported by
Curtin University research partnership
New Generation Minerals
Grant funding applications
Our Kalgoorlie nickel-cobalt project will adopt an innovative new greener process to unlock stranded nickel and cobalt ore. NGM has therefore become an attractive candidate to receive grant funding to advance the project towards construction. To date, NGM has applied for the following grants totalling A$20 million:
Read moreBINDING 200KT TOLL MILLING AGREEMENT EXECUTEDWITH FMR INVESTMENTS
Horizon Minerals Limited (ASX: HRZ) (“Horizon” or “the Company”) is pleased to announce that it has entered into a binding Toll Milling Agreement (“TMA”) with FMR Investments Pty Ltd (“FMR”) to treat 200kt of Horizon ore from the Cannon underground project, or other deposit, commencing in the December 2024 Quarter.
HIGHLIGHTS
Horizon And Greenstone Merger Announcement
Horizon Minerals Limited (ASX: HRZ) and Greenstone Resources Limited (ASX: GSR) have agreed to a merger to be conducted by way of schemes of arrangement under the Corporations Act 2001 (Cth), whereby Horizon will acquire 100% of the fully paid ordinary shares in Greenstone (Share Scheme) and 100% of the listed Greenstone options (Options Scheme, and together with the Share Scheme, the Schemes), subject to the satisfaction of various conditions.
Read moreCondor Announces Feasibility Study For La India Open Pit.
Condor Gold (AIM: CNR; TSX: COG) is pleased to announce the results and details of a Feasibility Study, sometimes referred to as a Bankable Feasibility Study (“2022 FS”) on the La India open pit. The 2022 FS supports a Probable Mineral Reserve of 7.3Mt at 2.56g/t gold for 602,000 oz gold and a mine with an Internal Rate of Return (“IRR”) of 23% and a post tax and post upfront capital cost net present value (“NPV”) of US$86.9 million using a discount rate of 5% and price of US$1,600/oz gold. The 2022 FS brings the level of confidence for the Project to the industry standard of engineering design, sufficient to support +/- 15% capital and operating cost estimates.
Read morePHASE 2 DRILLING COMPLETED ATMONUMENT GOLD PROJECT, WESTERN AUSTRALIA
Highlights
~6,000m drilled from 130 holes at the Monument Gold Project (MGP) located within the
Laverton Tectonic Zone, Western Australia
Momentous Capital and Astra Exploration Enter into Amalgamation Agreement and Astra Exploration Secures $1.44 Million in Financing
VANCOUVER, BC – July 8, 2021 – Momentous Capital Corp. (TSX-V:MCC.P) (“Momentous” or the “Company”) and Astra Exploration Limited (“Astra”) are pleased to announce that, further to their previous announcement of the signing of a binding letter of intent for a proposed transaction by way of press release on June 7, 2021, they have entered into an amalgamation agreement (the “Amalgamation Agreement”) pursuant to which, among other things, Momentous will acquire all of the issued and outstanding securities of Astra (the “Transaction”).
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