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 moreKobo Resources to Attend the 2024 Vancouver Resource Investment Conference
Mr. Edward Gosselin, Chief Executive Officer, and Mr. Paul Sarjeant, President and Chief Operating Officer to attend the 2024 Vancouver Resource Investment Conference exhibiting at booth 733
Read moreAmerican Rare Earths – 1.43 Billion Tonne JORC Resource
Halleck Creek is positioning itself to be one of the largest rare earth projects in the United States to become a key asset for the domestic supply chain
Click here to read full ASX Announcement
Find out more about American Rare Earths at: AmericanRareEarths.com.au
Kyzyltash BIOX Metallurgical Test Results
Chaarat Gold (AIM: CGH), the AIM-quoted gold mining company with an operating mine in Armenia, and assets at various stages of development in the Kyrgyz Republic, is pleased to announce the completion of the Bio-oxidation (“BIOX”) first phase metallurgical test programme performed by SGS Lakefield on its Kyzyltash gold project. The project has an unconstrained JORC-compliant Measured, Indicated and Inferred sulphide resource of 5.4 million ounces of gold at 3.8 g/t. Management estimate that the project has the potential to produce approximately 300koz per annum of gold subject to the project meeting its feasibility, permitting and development milestones.
Click here to read the full announcement
Learn more about Chaarat Gold: chaarat.com
Condor 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
Gold Exploration to Commence on Australian High-Grade Targets
Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN) announces that following a major corporate restructuring exercise that has made the Company debt free and with cash at bank, it now intends to commence an active exploration and drilling programme at its Wishbone II gold project in Queensland Australia.
Read moreOUTSTANDING DRILL RESULTS CONFIRM HIGH GRADERUTILE AT THE RAILROAD PROSPECT
Sovereign Metals Limited (“the Company” or “Sovereign”) is pleased to announce that recent drilling has identified a potentially substantial zone of shallow, high-grade saprolite-hosted rutile mineralisation at the Railroad Prospect. These outstanding results confirm that Sovereign’s ground holding in Malawi has the potential to host a new, globally significant rutile province.
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