Australia is in discussions with the United Arab Emirates (UAE) to secure a trade deal aimed at unlocking billions in investments for its critical minerals sector. Trade Minister Don Farrell is optimistic about swift negotiations leading to substantial UAE investments as early as next year. This move aligns with the UAE’s US$30 billion climate-focused investment fund initiative and its broader strategy to diversify global critical minerals supply chains, traditionally dominated by China. The potential agreement could streamline investment processes and offer Australian projects priority under foreign investment guidelines.
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 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
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”).
Read moreGold 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.
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