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Ardiden Ltd (ASX:ADV) Seymour Lake Resource Expansion Drilling Program Commences

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Canadian focused lithium explorer and developer Ardiden Limited ("ADV" or "the Company") (ASX:ADV) is pleased to advise the diamond drill rig and geological teams are on site at the South Aubry prospect to commence the 2018 resource expansion diamond drilling program at its 100% owned, flagship Seymour Lake Lithium Project in Ontario, Canada.

HIGHLIGHTS:

- ~2,000m diamond drilling program has commenced at the Company's flagship 100% owned Seymour Lake Lithium Project, Canada.

- Drilling program to focus on a number of highly-prospective, high priority drill targets defined at Central and South Aubry prospects.

- Drilling program designed to test extensions of key lithium mineralisation zones, identified at both Central and South Aubry prospects.

- The Ardiden geological team will conduct ground truthing and mapping program to identify additional pegmatite structures along the 1,100m Aubry strike zone.

- With assistance from our Chinese partner Yantai, Ardiden is focused on fast-tracking development of Seymour Lake into commercial production

The drill program has been designed to drill test and evaluate the numerous potential extensions of the pegmatite structures that bear the high quality spodumene mineralisation. The aim of the program is to define substantially more lithium mineralisation to complement the current lithium resource already defined at the North Aubry prospect.

Subject to results, the current phase of drilling may comprise up to 2,000m of diamond drilling which is specifically focused on a number of highly-prospective, high priority drill targets defined at Central and South Aubry prospects (see Figure 1 in link below).

The Ardiden geological team will also be undertaking a ground truthing and mapping program with the aim of identifying additional pegmatite structures along the 1,100m Aubry strike zone.

With the assistance of our strategic Chinese partner Yantai, Ardiden seeks to fast track the development of the Seymour Lake Lithium Project into commercial production.

Site conditions at the moment are favourable and the Company has successfully established the necessary access roads and drill pads at the site with the diamond drill program commencing swiftly.

The expansion of any resources will be completed in accordance with JORC (2012) guidelines and is likely to be completed in a number of stages. Once the drill targets at and around the Central and South prospects have been drill tested and fully evaluated, the drill program will begin to progressively test the numerous other pegmatite exposures to the South of these prospects and contained within the overall 5km strike zone.

Once the drill core has been logged, cut and prepared, the drill samples will be sent to Activation Laboratories in Thunder Bay for assay and metallurgical testing.

If the interpretation of the geology as shown in Figure 1 (see link below) is confirmed, there will be a strong potential to significantly expand the size of the lithium mineralisation zones and as such increase the size of any potential lithium resources.

To view figures, please visit:
http://abnnewswire.net/lnk/380UT144

Investors:
Brad Boyle
Ardiden Ltd 
Tel: +61-8-6555-2950

Media:
Michael Weir / Cameron Gilenko
Citadel-Magnus
Tel: +61-8-6160-4900

Sayona Mining Ltd (ASX:SYA) Authier Metallurgical Pilot Program Commences

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Sayona Mining Limited (ASX:SYA) (OTCMKTS:DMNXF) ("Sayona" or the "Company") is pleased to announce the commencement of the pilot plant program for the Authier Lithium Project. The pilot program is being completed by SGS Canada ("SGS") at Lakefield, Ontario. SGS has extensive experience in developing spodumene concentration flowsheets. Over the last ten years, SGS has operated pilot plants for several Canadian hard rock lithium deposits.

Approximately 5.5 tonnes of mineralised pegmatite ore was collected during the Phase 3 drilling program in December 2017 (see Figure 1 in link below). The diamond drill core was assayed and stagecrushed to the appropriate particle size to feed the pilot plant (see Figure 2 in link below). Two composite pilot plant feed samples have been prepared to represent Years 0 to 5 and Years 5+ of the operation. The pilot plant flowsheet comprises grinding, de-sliming, magnetic separation, mica and spodumene flotation (see Figure 3 in link below). The pilot plant is scheduled to operate for 100 hours at a feed rate of 50 kg/hour.

The objectives of the piloting program are to produce a 6% Li20 concentrate at recoveries of greater than 80% and confirm:

- Finalisation of the flowsheet and processing parameters for spodumene concentrate production developed during the Pre-Feasibility Study;

- Produce engineering data for equipment sizing and plant design; and

- Generation of spodumene concentrate for downstream lithium carbonate testing and marketing purposes.

The data collected from the piloting program will be incorporated into the Definitive Feasibility Study which is expected to be completed during the 2Q 2018.

Corey Nolan, Chief Executive Officer, commented "The objective of the pilot program is to further refine the design and confirm the operating parametres for the Authier process plant, in order to de-risk the plant construction, commissioning and ramp-up. The Company is focused on the rapid progression of the project towards production to capitalise on the strong projected price outlook for spodumene concentrates".

To view figures, please visit:
http://abnnewswire.net/lnk/VRZJWQSZ

Corey Nolan
Chief Executive Officer
Phone: +61-7-3369-7058
Email: info@sayonamining.com.au
www.sayonamining.com.au

YPB Group Ltd (ASX:YPB) Voluntary Suspension Update

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As previously advised, YPB (ASX:YPB) has fully agreed a strategic relationship which Directors believe will prove material to the Company's future and stock price. As also previously advised, final contractual execution is imminent but remains subject to the partner's internal processes and a date for final execution still cannot presently be specified. Consequently, the company has requested the voluntary suspension be extended to March 8th 2018. Should contractual execution occur before that date, application will be made to the ASX to lift the voluntary suspension.

Mr. John Houston 
Executive Chairman
YPB Group Limited
T: +61-458-701-088 
E: john.houston@ypbsystems.com 

Mr. Gerard Eakin
Director
YPB Group Limited
T: +61-427-011-596
E: eakin@manifestcapital.com
W: www.ypbsystems.com

Mithril Resources Limited (ASX:MTH) Drilling Underway at the Kurnalpi Nickel-Cobalt Prospect

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Mithril Resources Ltd (ASX:MTH) is pleased to advise that a 900-metre Reverse Circulation drilling program is underway at 100%-owned Kurnalpi Nickel-Cobalt Prospect (located on EL28/2567 approximately 70 kms north east of Kalgoorlie, WA - see Figure 1 in link below).

- RC drill program testing new bedrock EM conductors and historic nickel-cobalt drill intercepts

- Historic intercepts include;

o 42m @ 1.25% nickel, 0.07% cobalt from 24 metres including 6m @ 1.78% nickel, 0.20% cobalt from 28 metres, and

o 19m @ 1.08% nickel, 0.07% cobalt from 33 metres including 6m @ 1.17% nickel, 0.11% cobalt from 35 metres

- Results expected mid-March 2017

Drilling will test both new bedrock EM conductors and a zone of high-grade nickel-cobalt intercepts identified from historic drilling (See ASX Announcement dated 7 February 2018 and Figure 2 in link below). The historic intercepts include;

o 42m @ 1.25% nickel, 0.07% cobalt from 24 metres in KURC22 including 6m @ 1.78% nickel, 0.20% cobalt from 28 metres, and

o 19m @ 1.08% nickel, 0.07% cobalt from 33 metres in KURA42 including 6m @ 1.17% nickel, 0.11% cobalt from 35 metres.

The new drill holes will also be cased for future downhole EM geophysical surveying.

Assay results are expected mid-March 2018 and Mithril will inform the market when they come to hand.

To view figures, please visit:
http://abnnewswire.net/lnk/HP4J04U5

Mithril Resources Ltd
David Hutton
Managing Director
E: admin@mithrilresources.com.au
T: +61-8-8132-8800
F: +61-8-8132-8899
www.mithrilresources.com.au

Tianmei Beverage Group Corporation Limited (ASX:TB8) Director and Company Secretary Appointment / Resignation

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Tianmei Beverage Group Corporation Limited (ASX:TB8) (the "Company") announces the appointment of Jaylin Mao as a Non-Executive Director of the Company.

Ms. Mao is an experienced executive who has worked extensively in the banking and finance industry. Ms. Mao is a current senior manager at Westpac Bank and has over 20 years of management and senior management experience with a range of companies including Credit Suisse Private Banking, Commonwealth Bank of Australia and AIMS financial Group.

The Company also advises that Justyn Stedwell has been appointed as Company Secretary of the Company.

Mr. Stedwell is a professional company secretary consultant with over 11 years' experience as a company secretary of public listed companies. He has completed a Bachelor of Commerce at Monash University, a Graduate Diploma of Accounting at Deakin University and Graduate Diploma in Applied Corporate Governance at the Governance Institute of Australia.

The Board further advises that Mr Nicholas Ong has resigned from his position as Non-Executive Director and Company Secretary of the Company.

The Board thanks Mr. Ong for his contribution as Non-Executive Director and Company Secretary and wishes him the very best for his future endeavours.

Tianmei Beverage Group Corporation Limited
T: +61-3-9191-0135
E: info@tianmei.com.au
WWW: www.tmfxls.com

Cardinal Resources Ltd (ASX:CDV) (TSE:CDV) Half Yearly Report and Management's Discussion and Analysis

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The Directors are pleased to submit their report on Cardinal Resources Limited (ASX:CDV) (OTCMKTS:CRDNF) (TSE:CDV) for the three and six months ended 31 December 2017.

DESCRIPTION OF BUSINESS

The principal activity of the Corporation (and its subsidiaries) is gold exploration in Ghana. The Corporation holds interests in five tenements prospective for gold mineralization in Ghana in two NE-SW trending Paleo-Proterozoic granite-greenstone belts: the Bolgatanga Project and the Namdini Gold Project ("Namdini Gold Project" or "Namdini"), which are, respectively, located within the Nangodi and Bole-Bolgatanga Greenstone Belts in northeast Ghana, and the Subranum Project, which is located within the Sefwi Greenstone Belt in southwest Ghana.

The main focus of activity is the Namdini Gold Project where an Indicated Mineral Resource of 120 M tonnes grading 1.1 g/t Au for 4.3 Moz Au and an Inferred Mineral Resource of 84 M tonnes grading 1.2 g/t Au for 3.1 Moz Au each at a 0.5 g/t Au cutoff grade, has been established. The map that follows shows the location of the Namdini Gold Project and the Corporation's other properties in Ghana.

CORPORATE HIGHLIGHTS

- On February 5, 2018, the Company announced the results of a Preliminary Economic Assessment ("PEA") for the Namdini Gold Project. The full report will be filed on SEDAR within 45 days of the announcement and is summarized as follows:

o The report highlights a range of production scenarios (4.5Mtpa, 7.0Mtpa and 9.5Mtpa), all of which appear financially sound, and are expected to translate to high annual gold production at low operating costs (AISC) over long mine lives.

o Construction costs are largely in-line of expectations, with a phased development under consideration to reduce upfront capex.

o The development is based around the mining of a large-scale, single open pit operation, which has a LOM strip ratio of 1.2:1 (Waste : Ore)- Namdini remains open at depth.

o CDV plans to improve metallurgical recoveries, further increase resource confidence, and is fine-tuning operating and capital costs as part of work for the Pre-Feasibility Study ("PFS"), which has commenced and due end H1 CY18.

o A resource upgrade for the project is expected soon (Q1 CY18).

- On October 12, 2017, Mr. Jacques McMullen and Mr. Michele Muscillo were appointed to the Board. Mr. Mark Connelly and Mr. Simon Jackson resigned from the Board to focus on their other significant commitments.

- On October 19, 2017, the Company announced an updated technical report titled "Technical Report Mineral Resource Estimation for the Namdini Gold Project, Ghana", in respect of the Company's Namdini Gold Project in Ghana, West Africa (the "Technical Report"). The NI43-101 Technical Report was authored by MPR Geological Consultants Pty Ltd, and has an effective date of September 11, 2017. The Technical Report can be viewed under the Company's issuer profile on SEDAR at www.sedar.com. The updated Mineral Resource estimated an Indicated Mineral Resource of 120 Mt grading 1.1 g/t Au for 4.3 Moz Au and an Inferred Mineral Resource of 84 Mt grading 1.2 g/t Au for 3.1 Moz Au, each at a 0.5 g/t Au cut off.

- On October 23, 2017 Cardinal announced that it had entered into an agreement with Clarus Securities Inc., on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase, on a "bought deal" basis, 18,461,600 Ordinary Shares of the Company at a price of C$0.65 per Ordinary Share for aggregate gross proceeds to the Company of C$12,000,040, with the deal closing on 22 November 2017.

- On December 12, 2017 a trial grade control programme utilizing a close spaced drilling pattern returned positive results in the upper benches of the targeted starter pit area. Correlation of grades, ounces and tonnes between the Mineral Resource Model (September 2017) and the trial grade control model, has been completed with a very accurate reconciliation.

- On December 14, 2017 infill drilling results were announced from the comprehensive campaign to continue to add definition to the Namdini Mineral Resource. The infill drill results continue to support strong continuity of the mineralized zones. Further results are pending which will form the basis for a Mineral Resource upgrade expected in Q1 2018.

- As at December 31, 2017, cash and cash equivalents amounted to $18,752,321 (June 30, 2017 - $28,592,718).

To view the full report with tables and figures, please visit:
http://abnnewswire.net/lnk/14A81QXX

Cardinal Resources Ltd
T: +61-8-9322-6600
E: info@cardinalresources.com.au
WWW: www.cardinalresources.com.au

Blackham Resources Ltd (ASX:BLK) Entitlement Offer Update

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Blackham Resources Limited (ASX:BLK) provides an update on the Company's fully underwritten, renounceable pro-rata entitlement offer ("Entitlement Offer") that closed on 12 February 2018.

Further to the Company's announcement dated 13 February 2018, the Company has finalised the allocation of New Shares and New Options (collectively, "Securities") to be issued pursuant to the Entitlement Offer. The following table sets out the number of Securities for which entitlement applications were received; the number of Additional Securities allocated to eligible shareholders in excess of their entitlement; and the number of Securities allocated to various sub-underwriters pursuant to the Underwriting Agreement with Hartleys Limited and in accordance with the Prospectus dated 22 January 2018.

 
No. of New Shares   No. of New Options   Gross Proceeds 

Securities available to be issued under the Entitlement Offer * 
897,670,586         448,835,293          $35,906,823 

Applications for entitlements under the Entitlement Offer 
658,747,196         329,373,508          $26,349,888 

Additional Securities to eligible shareholders 
63,493,909          31,746,935           $2,539,756 

Securities subscribed for by sub-underwriters 
175,429,481         87,714,740           $7,017,179 

Total Securities to be issued under the Entitlement Offer * 
897,670,586         448,835,183          $35,906,823  


* Variations between the "up to" amounts described in the Prospectus and the number of available Securities described in the table, as well as the further difference in the number of New Options to be issued, are due to the rounding of fractional entitlements

As set out in the Prospectus, the anticipated date for the issue of the Securities is 19 February 2018, with the despatch of holding statements and normal trading expected to commence on 20 February 2018.

Milan Jerkovic 
Executive Chairman
+61 8 9322 6418

Bryan Dixon 
Managing Director
+61 8 9322 6418

Jim Malone
Investor Relations Manager
+61 419 537 714

MMJ PhytoTech Ltd (ASX:MMJ) New CEO

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MMJ PhytoTech Limited (ASX:MMJ) ("MMJ") is pleased to announce the appointment of Jason Conroy as Chief Executive Officer ("CEO") of MMJ effective from 26 February 2018.

Jason is an accomplished senior executive and corporate financier. His experience and key employment terms are summarised in the attachment to this release (see link below).

Andreas Gedeon will retire as Managing Director and CEO of MMJ to devote his attention to leading TSX-V-listed Harvest One Cannabis Inc. ("Harvest One") (CVE:HVST).

MMJ's Chairman Peter Wall commented: "We are very pleased to have attracted a senior executive of Jason's calibre to lead MMJ into the next phase of its growth as a global cannabis investment company. Jason's capital markets experience, coupled with his strong business acumen and proven track record in executing transformational corporate transactions, is expected to add significant value for MMJ's shareholders.

"I would like to thank Andreas Gedeon for his tireless work and commitment towards establishing MMJ as a leading Australian-based cannabis business. We are also pleased that Andreas will remain available to provide industry advice to MMJ and assist our new CEO in making a smooth leadership transition."

To view the attachment, please visit:
http://abnnewswire.net/lnk/VJ60KJQ5

Andreas Gedeon
Managing Director
Phone: +1-250-713-6302
Email: agedeon@mmj.ca
www.mmjphytotech.com.au

Lithium Power International Ltd (ASX:LPI) Maricunga Lithium Brine Project First Lithium Carbonate Samples Produced

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Lithium Power International Limited (ASX:LPI) (OTCMKTS:LTHHF) ("LPI" or "the Company") is pleased to advise that the first lithium carbonate sample has been produced from Maricunga brine for the Maricunga Joint Venture company (MSB) using the optimised process being developed by experienced process company GEA of Germany.

Highlights

- Highly experienced process company GEA has produced the first samples of lithium carbonate from Maricunga brine

- Initial sample has a purity of 99.4% lithium carbonate and very low cation concentrations, consistent with production of battery grade lithium carbonate with specifications similar to those produced in Chile by Albemarle and SQM

- The Maricunga project is one of less than half a dozen pre-production brine projects with lithium carbonate samples produced and has the highest lithium grade of these projects

- WorleyParsons is well advanced with the Definitive Feasibility Study

- The environmental impact assessment for the project is progressing towards submission in the 1st quarter 2018

Peter Ehren Principal Process Consultant to the Maricunga Project (MSc. Raw Materials Technology, MAusIMM CP under JORC and QP under NI43-101) commented:

"Minera Salar Blanco (MSB) has produced its first lithium carbonate sample from Salar de Maricunga brine at GEA facilities in Germany. The brine was concentrated at the pilot plant solar evaporation ponds at the Maricunga site for almost 12 months, and subsequently treated at the GEA lab in Duisburg, Germany, to purify it and precipitate lithium carbonate suitable for battery grade specification similar to those produced in Chile by Albemarle and SQM. The process route is based on conventional technology and comes with the know how to be able to scale up to commercial production. The purity of the product is above 99.4% (see Table 1 in link below)."

Lithium Power International's Chief Executive Officer, Martin Holland and Minera Salar Blanco's Chief Executive Officer, Cristobal García-Huidobro, jointly commented:

"We are very pleased with this news, as it's a major milestone on our route to become one of a select few lithium carbonate producers, and demonstrates the value of our project. Now we are able to produce a value added, refined product which we believe meets cathode manufacturers' rigorous material specifications.

Our environmental impact study is nearing completion and we look forward to updating shareholders with additional development advances regarding this significant lithiumproject over the coming months."

About the GEA company

GEA is a major global process engineering company with headquarters in Düsseldorf, Germany which employs 17,000 people globally and specializes in design and production of equipment for the chemical, pharma, environmental and food industries. GEA has been operating a pilot plant in their facilities for the Maricunga JV since 3Q17, when they began working to optimise the lithium carbonate extraction process. This work will be ongoing during the Definitive Feasibility Study that the joint venture is undertaking during 2018. Optimisation of the lithium extraction and potassium production aims to establish the lowest cost for the process, with the highest possible lithium recovery.

The company is still waiting for the final results for chloride, sulfate, insoluble material and loss of ignition (LOI). Optimization for lower impurities such as calcium will continue, a process which is considered to be easily achievable.

Environmental impact assessment progress

In parallel with the Definitive Feasibility Study and optimisation of the process the Maricunga JV is advancing with the project environmental impact assessment, to complete this and submit it to government agencies during 1Q18. The study includes quarterly monitoring of flora, fauna, air, soil and water, in addition to detailed non-seasonal assessments of other aspects of the project. Work is being undertaken by Tier-1 environmental consultancy MWH, who have extensive experience with projects in Region III of Chile, where the project is located.

Maricunga JV Background

The Maricunga JV is 50%-owned by LPI. The project is regarded as one of the highest quality pre-production lithium brine project globally, with a very high grade and strong flow rates. The company released a Preliminary Economic Assessment for the project on the 4 January 2018, which confirmed strong economic returns for production of 20,000t/a of lithium carbonate (LCE), with production of 74,000t/a of potassium chloride (KCl) from year 3 of the project operations.

To view tables and figures, please visit:
http://abnnewswire.net/lnk/9AFVEXYO

Martin C Holland - CEO
Lithium Power International
E: info@lithiumpowerinternational.com
T: +61-2-9276-1245
www.lithiumpowerinternational.com
Twitter: @LithiumPowerLPI

Ardiden Ltd (ASX:ADV) A$15m Facility Provides Flexible Project Funding Options

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Ardiden Minerals Limited ("ADV" or "the Company") (ASX:ADV) (Ardiden, Company) is pleased to announce that it has entered into a binding agreement with Long State Investments Limited (LSI), to provide the Company a fully flexible funding facility for up to A$15 million, over the next two years (LSI Facility).

HIGHLIGHTS

- Equity Placement Facility provides Ardiden ready access to $15M, as required

- Funding security supports the rapid advancement of the Seymour Lake Lithium Project

- Ardiden now has the ability to exercise the BOT Term Sheet with Yantai and move towards production

Ardiden has full discretion to access the LSI Facility, as well as set the share issue price, determine the amount of funds raised through placement tranches and when the placement of shares will occur.

The LSI Facility can be utilised by Ardiden at any time during the 2-year term or terminated early without penalty, with no restrictions or penalties imposed upon the Company if it raises additional capital through other means. Ardiden has full discretion to use as much or as little of the facility at such time the Company chooses.

Ardiden has obtained the LSI Facility to provide the Company certainty and security in being able to fund its current and future activities. The LSI Facility offers Ardiden a flexible funding solution that is intended to be used in conjunction with the more traditional methods of raising capital in the open capital markets.

Ardiden's CEO Brad Boyle said: "Obtaining the LSI Facility is a great outcome for the Company, as, irrespective of the current market conditions, the Company now has secured the funding to continue with the rapid development of the Seymour Lake Lithium project and focus on advancing discussions with potential offtake partners, completing the Environmental Study and completing the Feasibility activities."

"Ardiden is very pleased to be working closely with LSI, and with their strong support, we will be able to move closer to becoming a future Lithium producer. Our direct access to mature transportation infrastructure and the exceptionally high quality of spodumene at Seymour Lake, are real points of differentiation for us."

"Ardiden is an outstanding investment opportunity for us," said Philip Ho, Managing Director at LSI. "The Company's Seymour Lake Lithium project hosts multiple high-quality pegmatite structures which express at surface over considerable distances. The quality of spodumene contained in those pegmatites has been shown to be quite remarkable and explains the interest Ardiden is receiving from both the American and Asian lithium markets. We are eager to assist Ardiden in meeting its ongoing financing needs and we look forward to a long-term relationship with the Company."

LSI is a Hong Kong based investment group with a strategic focus on energy, mining and other growth-oriented sectors. LSI's management has over 50 years of collective experience as a group and completed over 100 investments and financings worldwide.

Material terms of the LSI Facility are set out below.

Under the terms of the LSI Facility, Ardiden, may, at its discretion, place shares to LSI at any time over the next two years up to a total of A$15 million. Ardiden may draw down up to $1,000,000 in any 10-day period. Shares issued to LSI will be priced at the average of the 2 daily VWAP of shares during the 10 consecutive trading days beginning on the trading day following the placement notice date as nominated by LSI. A commission of 5.5% will be payable by Ardiden at the time of issue.

Ardiden shall, at its option, (i) pay LSI in cash OR (ii) issue the shares in the amount equals to $75,000 and four (4) million ordinary shares as an Implementation Fee for the LSI Facility.

Further, Ardiden shall issue LSI 3-year options to purchase $2,000,000 worth of Shares at an exercise price $0.028 which is at a premium to the closing price of $0.019 on Friday, 16 February 2018 and is equal to 150% of the daily VWAP as of the date of the binding agreement with LSI.

If and when Ardiden plans to activate the LSI Facility, the Company shall pay LSI a one-time Activation Fee, in the amount equal to $75,000 and four (4) million ordinary Ardiden Shares. The Company can at its option, (i) pay LSI in cash OR (ii) issue shares, to satisfy the payment of the Activation Fee.

Investors:
Brad Boyle
Ardiden Ltd 
Tel: +61-8-6555-2950

Media:
Michael Weir / Cameron Gilenko
Citadel-Magnus
Tel: +61-8-6163-4903

Emmerson Resources Limited (ASX:ERM) Restructure of Tennant Creek Mineral Field Joint Venture

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Emmerson Resources Limited (ASX:ERM) to retain gold projects in restructure of the Tennant Creek JV with Evolution Mining.

- Agreement with Evolution to restructure the Tennant Creek Mineral Field Joint Venture

- Emmerson will retain:

- Significant exploration tenure of ~2,600km2 or 94% of the previous JV area which is considered highly prospective for new discoveries

- All gold dominant projects, small mines and associated exploration ground

- A 100% interest in the Tribute Mining Agreement at Edna Beryl

- Evolution will forego its right to a 65% interest in the entire JV area and instead take a 100% interest in an area of the JV that contains the Gecko, Goanna and Orlando copper-gold prospects

Emmerson's Managing Director, Mr Rob Bills commented: "Emmerson is very pleased with the outcome of these negotiations with our partner, Evolution Mining. As a significant shareholder, we thank them for their ongoing support. This proposed restructure better aligns the assets with the respective companies. It provides Emmerson shareholders with near term, high margin gold assets and exploration ground that can be more easily developed within the constraints of the Emmerson balance sheet.

Importantly, the investment in new data during the term of the JV has provided new insights into what we believe is a new generation of high grade, hematite hosted gold deposits. Directly leading to discoveries at Edna Beryl West, Mauretania and a string of promising drill intercepts that will now be followed up (see fig 1.) Emmerson also look forward to accelerating the monetisation of our small mines portfolio given that we are now the 100% owner.

Evolution's Vice President Discovery and Chief Geologist, Mr Glen Masterman commented: "As we looked to move to the next phase of exploration at Tennant Creek it became clear that our strategic imperatives weren't aligned with those of Emmerson however a subdivision of the ground holding as proposed will allow both parties to take a 100% interest in their preferred prospects. This is a smart outcome for both parties. We remain a significant shareholder of Emmerson and wish them success with their ongoing exploration."

Emmerson Resources Limited ("Emmerson") (ASX:ERM) is pleased to announce that discussions on the future of the Tennant Creek Mineral Field (TCMF) JV with Evolution Mining ("Evolution") (ASX:EVN) has resulted in a proposed new ownership structure that reflects the differing size and corporate objectives of the companies.

For Emmerson, this unlocks greater near- term value for our shareholders and provides a better strategic fit in terms of delivering high margin projects across a shorter time horizon.

Tennant Creek Mineral Field

Under the restructure, Emmerson will retain a 100% (instead of 35% under the current terms of the TCMF JV) of all the gold dominant assets, prospects and associated exploration ground. Keeping in mind that the TCMF is one of Australia's highest-grade goldfields and is where Emmerson (and partners) have made the first new discoveries for over a decade (figure 1). These discoveries have been underpinned by a substantial investment by Evolution in acquiring new data, along with the application of new exploration tools. Directly leading to the discovery of a new generation of hematite hosted, high grade gold projects such as seen at Edna Beryl and Mauretania (figure 1 in link below).

This data and inhouse knowledge from testing and trialling of new concepts and technology remains with Emmerson. As do all the other assets such as the Tennant Creek Exploration Base, Warrego mill and extensive drill core library - enabling Emmerson to easily scale up exploration and operations around its small mines and attract potential new joint venture partners.

Under the restructure, Evolution will take a 100% holding in the tenements (or parts of them) that contain the Gecko, Goanna, and Orlando copper-gold prospects, constituting some 6% of the entire TCMF land position (see figure 1). These prospects are predominantly copper rich but have potential for gold grades to increase at depth. Further exploration of these prospects will require deep drilling. Evolution intends to test these prospects for potential new discoveries of scale at depth and along strike.

Small Mines

First production from a portion of the Edna Beryl Mine (the Tribute Area) was announced in December 2017.

Since then, plans have progressed for the commercial production from the Tribute Area which includes full scale mining and processing. As previously announced, Emmerson receives a "risk free" income stream via a royalty agreement with the specialist small scale miner, the Edna Beryl Mining Company. This restructure will see Emmerson retain full control of the small mines and receive 100% of the revenue stream from the royalty (proportional to the amount of gold produced).

Emmerson firmly believes there is excellent exploration upside at Edna Beryl, but like many of the historical mines in the field, will require higher density drilling that is best achieved from underground. Bulk sampling of ores mined to date from the 90m Level development drive (within the Tribute area) assayed more than 35g/t gold (ASX 23 June 2017). These bulk samples are statistically more representative of the likely overall grade and continuity than the surface drill holes, providing great encouragement for undertaking further underground development and drilling.

Additionally, Emmerson is accelerating the permitting and development of the remainder of the small mines, with the Black Snake project the most advanced, and the largest being Chariot - with a JORC resource of ~100,000ozs of gold at a grade of 17.4g/t (ASX 28 November 2013). The other small mines can be considered exploration targets, adding a further 160,000 - 180,000ozs of high grade gold (at 15-20g/t as indicated from the historical reports).

Conditions Precedent to the Proposed Restructure

The Restructure is conditional on Emmerson obtaining a written opinion from the ASX that the transaction is not subject to Listing Rule 10.1 or, if required, Emmerson obtaining shareholder approval for the Proposed Restructure.

Emmerson is seeking the opinion of the ASX on the application of Listing Rule 10.1 and, if shareholder approval is required, Emmerson will promptly prepare a notice of meeting and convene the meeting of shareholders to seek that approval. Both companies have negotiated the proposed restructure in good faith and remain confident that it is in the best interests of both parties. If, however, shareholder approval is required but is not obtained, then Evolution will elect to earn a 65% interest in the whole of the TCMF as provided for under the current terms of the TCMF JV.

To view the location map, please visit:
http://abnnewswire.net/lnk/3C6SI6NV

Investor Enquiries:
Mr. Rob Bills
Managing Director & Chief Executive Officer
T: +61-8-9381-7838
E: admin@emmersonresources.com.au
www.emmersonresources.com.au

SEEK Limited (ASX:SEK) Delivers Record H1 Revenue and EBITDA Results

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SEEK Limited (ASX:SEK) (OTCMKTS:SKLTY) ("SEEK") announced its results for 6 months ended 31 December 2017.

- Reported Revenue of A$620.3m (pcp: A$487.9m)

- Reported EBITDA of A$221.2 (pcp: A$170.3m)

- Underlying NPAT (excl significant items & Early Stage Ventures) of A$114.0m (pcp: A$113.6m)

- Reported NPAT of A$102.0m (pcp: A$84.1m)

H1 18: Key Highlights

Record H1 Revenue and EBITDA

- Revenue and EBITDA growth of 26% and 20% (H1 18 vs pcp) (see Note 1 below)

New structure: Positions SEEK for next leg of growth

- Creating the right settings for growth in SEEK's operating businesses and investing activities

- Changes to capitalise on SEEK's global scale in product and technology and opportunities to make value-adding investments

Australia and New Zealand Employment: Record H1 financial results

- Revenue growth of 15% & EBITDA growth of 15%

- Strong financial result validates benefits of sustained reinvestment and strategic execution

International: Progressing well with business model evolution

- Zhaopin: Good results given significant model change and competitive environment

- SEEK Asia: Improving revenue momentum due to business evolution and better macro conditions

Positive guidance provided

- Upgraded EBITDA guidance and confirmed NPAT guidance at upper end of previous range

- H1 18 dividend of 24 cents, growth of 4% compared to pcp

Commenting on H1 18 results, SEEK CEO and Co-Founder Andrew Bassat said:

"SEEK is pleased to deliver strong financial results alongside aggressive reinvestment. In our largest businesses we are seeing investment translate directly into growth in our operating metrics and financial results."

"The success of ANZ's business model evolution provides a strategic roadmap for our international businesses. Our international businesses are in an earlier stage of evolution and we are already seeing strong benefits from our initial investment activities. This has emboldened us to continue investing and accelerate our efforts. If we execute well, we expect there will be significant upside given the large size of their addressable markets."

NEW ORGANISATIONAL STRUCTURE | Positioning SEEK for next leg of growth

Andrew Bassat commented,

"SEEK has significant growth opportunities across our operating businesses and investment activities. We are confident that our new organisational structure will create the right settings to drive the next leg of SEEK's growth. I am particularly pleased that the AP&A leadership appointments have been internal appointments which is testament to SEEK's depth of talent."

- Refer to SEEK's ASX Announcement "Organisational Structure Changes" (29 January 2018) & SEEK's H1 18 Investor Presentation for further detail

AUSTRALIA AND NEW ZEALAND EMPLOYMENT | KEY INSIGHTS

Revenue growth of 15% & EBITDA growth of 15% (Revenue A$196.7m, EBITDA of A$112.2m)

- Strong financial result validates benefits of strategic and operational execution

- Ongoing product innovation and sales and service initiatives are delivering significant value

- Market leader with 34% share of placements, lead of c8x times over our nearest competitor

Andrew Bassat commented,

"We are very pleased with SEEK ANZ's operational and financial results. The business fundamentals are strong and we are delivering significantly more value to candidates and hirers which is ultimately translating into record levels of free cash flow. Given the success of our strategy, we will continue to invest in new initiatives that grow our value proposition to candidates and hirers."

INTERNATIONAL | KEY INSIGHTS

Revenue growth of 10% and EBITDA growth of 3% (Revenue A$340.1m, EBITDA of A$100.7m)

- In constant currency, achieved Revenue growth of 12% and EBITDA growth of 6%

- Significant reinvestment program is positioning International businesses for long term growth

Andrew Bassat said, "SEEK International delivered a creditable result against a backdrop of aggressive investment and weak macro conditions in Latin America."

"Zhaopin achieved a good result which was achieved despite a significant change in business model and aggressive competition. To continue growing against strong competition and to capitalise on a large market opportunity, Zhaopin will continue its aggressive reinvestment focus."

On commenting about SEEK Asia, Andrew Bassat said, "SEEK Asia's operational and financial results are gaining momentum from continued business evolution and improving macro conditions."

SEEK operates market leaders in Latin America. Andrew Bassat said, "Overall, Brazil (Brasil Online) continues to face headwinds from challenging macro conditions but we are seeing some early signs of improvements in hiring activity. Mexico (OCC) results were impacted by modest macro conditions and a large earthquake in Mexico City."

EDUCATION | KEY HIGHLIGHTS

OES: Good underlying financial results alongside strong student outcomes

Andrew Bassat said, "OES continues to deliver good results alongside strong student outcomes. The business is focused on executing on high growth opportunities including scaling up the newly launched Western Sydney University brand and developing new courses and specialisations."

H1 18 DIVIDENDS | 24 cents per share growth of 4% vs pcp

The interim dividend will be paid on 13 April 2018 with a record date of 27 March 2018.

OUTLOOK | SEEK provides updated guidance

SEEK is pleased to provide updated FY18 guidance.

- CONFIRM: Revenue growth in the range of 20% to 25% (FY18 vs FY17)

- UPGRADE: EBITDA growth in the range of 14% to 15% (FY18 vs FY17)

- CONFIRM AT UPPER END OF PREVIOUS RANGE (see Note 2 below): Reported NPAT in the range of A$225m to A$230m before deducting investments in early stage growth options of approximately A$25m to A$30m

In conclusion Andrew Bassat commented,

"SEEK has very exciting growth prospects across the broader human capital management industry. We are uniquely positioned to capitalise on our growth opportunities given our deep relationships with candidates and hirers and significant data assets. Our strategy is focused on solving complex candidate and hirer problems. We are confident that if we invest appropriately to build or acquire the right solutions this will lead to strong returns for our long term shareholders."

Notes:

1 Revenue and EBITDA excluding significant items

2 Previous FY18 NPAT guidance provided at SEEK's FY17 AGM: Reported NPAT in the range of A$220m to A$230m before deducting investments in early stage growth options of approximately A$25m to A$30m

To view FY18 Half Year Results Presentation, please visit:
http://abnnewswire.net/lnk/608I96RW

To view FY18 Half Year Results Report, please visit:
http://abnnewswire.net/lnk/078EP4J3

Investor/Analyst enquiries
Geoff Roberts / Jeff Tang
SEEK Limited
T: +61-3-8517-4484 

Media enquiries
Sarah Macartney
SEEK Limited
T: +61-3-8306-0850
M: +61-433-949-639

DroneShield Ltd (ASX:DRO) United States / Canada Joint Certification Program DD2345

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DroneShield Ltd (ASX:DRO) (OTCMKTS:DRSHF) ("DroneShield" or the "Company") is pleased to advise that the United States Defense Logistics Agency, the logistics combat support agency of the United States Department of Defense, has certified DroneShield's subsidiary DroneShield LLC under the United States / Canada Joint Certification Program DD2345 (militarily critical technical data agreement). With this certification, DroneShield LLC has established eligibility to access unclassified export-controlled technical data of the U.S. Department of Defense (DOD) and Canada's Department of National Defence (DND).

- United States Defense Logistics Agency has certified DroneShield LLC under the United States / Canada Joint Certification Program DD2345 (militarily critical technical data agreement).

- Establishes eligibility to access unclassified military technical data belonging to the U.S. Department of Defense (DOD) and Canada's Department of National Defence (DND).

DroneShield LLC's certification under this program is part of its participation in the U.S. DOD and Canadian DND procurement processes.

This announcement follows the recent award to the Company of a NATO Stock Number for its DroneGun MKII product.

Oleg Vornik
CEO and Managing Director
Email: oleg.vornik@droneshield.com
Tel: +61-2-9995-7280

Core Exploration Ltd (ASX:CXO) 86m Spodumene Pegmatite Intersected at BP33 Prospect

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Core Exploration Ltd (ASX:CXO) ("Core" or the "Company") is pleased to announce that an 86m continuous intersection comprising spodumene pegmatite has been drilled at the BP33 Prospect within Core's 100%-owned Finniss Lithium Project near Darwin in the NT.

HIGHLIGHTS

- New diamond core drilling at BP33 intersects 86m of spodumene pegmatite with the drillhole still in spodumene pegmatite at end of hole

- This 86m intersection is the widest interval of spodumene pegmatite ever drilled in the NT

- Drill core visually estimated to average 15%-20% spodumene in pegmatite (see Note below)

- This wide spodumene intersection is southeast of the BP33 historic pit and toward potential extensions at both BP32 and BP32W Prospects

- Recent drilling highlights significant potential for extensions to the high-grade lithium pegmatites at BP33 Prospect

- Assays from new 2018 diamond drill core drilling at BP33 expected during February and March 2018

- Drilling at BP33 aimed at establishing a maiden Resource estimate in March and to add to the Company's Lithium resource inventory at Finniss

- Drilling to re-commence testing of BP33 and adjacent BP32 and BP32W upon commencement of the dry season in Q2 2018

This 86m intersection is the widest interval of spodumene pegmatite ever drilled in the NT and the drillhole was still in spodumene at the end of the hole (and the intersection).

Pegmatite was intersected from 199m downhole in drillhole FRCD007 and contains high average concentrations of spodumene to the end of hole at 285m. Visual estimates are that the mineralised pegmatite interval contains between 15%-20% spodumene.

The majority of the spodumene is the typical dark greenish grey type and contains some of the pinkish spodumene in which has been identified in previous drilling (see Photos 1-3 in link below).

Some intervals contain significantly higher levels of spodumene comprising a very high proportion (30%-40%) of the whole rock composition of the pegmatite (see Photo 3 in link below). Investors should be aware of the inherent risk in visual estimates of mineralisation and that although spodumene has been observed in the drill hole the Company is unable to determine at this stage whether or not the spodumene is mineralised and whether it potentially contains economic concentrations of lithium.

Drilling of FRCD007 was terminated due to the slow rate of penetration in the hard pegmatite and deteriorating vehicle access conditions as the wet season peaks. There are no visual signs in the lower part of the drill core to suggest the hole is close to the pegmatite-wallrock contact, such as quartz-muscovite border zone or quartz-lined cavities.

Photo 2 (see link below) from the last core tray shows typical spodumene pegmatite expected in the interior of the body. The pegmatite body is therefore open to the east by an unknown distance. The minimum true width is at least 40m, based on the assumption that the pegmatite dips at 80o to the east as shown in the cross-section (see Figure 1 in link below), which is considered reasonable given the vertical continuity demonstrated by other drilling at BP33.

Given the pegmatite is not as wide in the surface pit, it is probable that the pegmatite body becomes broader with depth at the southern end of BP33 and therefore plunges to the south under cover (see Figure 2 in link below). This explains the lack of pegmatite intercepted in shallow RAB drilling immediately to the south of the pit.

As the drillhole ended within the spodumene pegmatite body, further drilling collared to the east at BP33 will be required to define the geometry of this pegmatite body.

Follow-up drilling is also planned to better define the southward extension of the wide spodumene pegmatite body at BP33 as soon as the site becomes accessible again in the dry season in Q2 2018 (see Figure 2 in link below).

RC and Diamond drill assays to date have characterised BP33 as a wide and continuous spodumene rich pegmatite, including intersections of 62m @ 1.24% Li2O from 66m in FRC104 and 54m @ 1.42% Li2O from 101m in FRC103.

Results from the recent diamond and RC drilling also confirm that the BP33 pegmatite is open at depth along strike to the south (see Figure 2 in link below).

Adjacent pegmatites at BP32 and BP32W prospects have been identified in historic trenching and verified more recently in shallow RAB drilling by Core. However, no RC or Diamond drilling has been conducted yet at nearby BP32 and BP32W Prospects.

Next Steps at BP33

The first phase of resource focused diamond drilling at BP33 has been completed, with assays expected during February and March 2018.

The recently completed drill program at BP33 is an initial assessment of continuity of grade and scale of the spodumene mineralisation. The drill core will also provide valuable information that may be used for metallurgical testwork and resource evaluation at BP33.

Core is planning further drilling at both BP32 and BP32W Prospects as soon as the 2018 dry season commences (expected Q2 2018) to test the continuity and grade of these pegmatites adjacent and along strike from the high grade BP33.

Note: Investors should be aware of the inherent risk in visual estimates of mineralisation and that although spodumene has been observed in the drill hole the Company is unable to determine at this stage whether or not the spodumene is mineralised and whether it potentially contains economic concentrations of lithium.

To view figures, please visit:
http://abnnewswire.net/lnk/902E3SLZ

Stephen Biggins
Managing Director
Core Exploration Ltd
T: +61-8-7324-2987
E: info@coreexploration.com.au

Mithril Resources Limited (ASX:MTH) Nickel Cobalt Zinc Copper - Investor Update Presentation

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Mithril Resources Limited (ASX:MTH) provides the Company's latest Investor Presentation.

Snapshot

1. Drilling new bedrock EM conductors & high-grade nickel cobalt (Kurnalpi)

2. New targets along strike from +10% zinc + lead drill hits (Billy Hills)

3. Assessing new copper zinc targets (Southern Target Area)

4. $5M market cap

High grades at Kurnalpi

- Some of the historic drill intercepts;

o 42m @ 1.25% nickel, 0.07% cobalt from 24 metres including 6m @ 1.78% nickel, 0.20% cobalt,

o 10m @ 0.70% nickel, 0.11% cobalt from 30 metres including 3m @ 0.92% nickel, 0.21% cobalt,

o 19m @ 1.08% nickel, 0.07% cobalt from 33 metres including 6m @ 1.17% nickel, 0.11% cobalt,

o 20m @ 0.69% nickel, 0.07% cobalt from 32 metres including 8m @ 0.96% nickel, 0.09% cobalt,

- Maximum values from any one single drill sample

o 2.04% nickel / 0.33% cobalt / 0.28% copper

- No apparent follow-up since original drilling in the mid 1990's

Attraction of Billy Hills

- Established high-grade zinc mining district

- Minimal recent exploration on Mithril's tenements

- Historic drill intersections represent priorities for immediate follow-up (i.e. Snake Bore)

- Ability to apply new exploration ideas - i.e. flanking positions / Western Block

To view the full presentation, please visit:
http://abnnewswire.net/lnk/B36C0I6Y

Mithril Resources Limited
E: dhutton@mithrilresources.com.au
T: +61-8-8132-8800
WWW: www.mithrilresources.com.au

Intermin Resources Limited (ASX:IRC) 55,000m New Discovery and Resource Growth Drilling Program Commenced

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Intermin Resources Limited (ASX:IRC) ("Intermin" or the "Company") is pleased to announce the commencement of a major discovery and Resource expansion drill program at its 100%-owned gold projects in the Kalgoorlie region of Western Australia (see Figure 2 in link below).

HIGHLIGHTS

- 55,000m drill program commenced in the Kalgoorlie region targeting new discoveries and resource growth

- Key aspects of the fully funded $4m program include:

o Program split approximately 50% on new discovery and 50% on resource growth

o Focus on three core project areas: Teal, Anthill and Blister Dam

o Resource expansion drilling at Teal, Jacques Find, Peyes Farm and Anthill testing extensions along strike and at depth outside current resource envelopes

o New discovery drilling at Blister Dam, Teal, Fire Ant and Anthill Extended targeting high grade open cut and underground orebodies (see Note below)

o RC and diamond drilling to test beyond the limits of historic drilling

- RC drilling underway at the Jacques Find discovery with first results expected early in the June Quarter 2018 (see Note below)

Commenting on the start of the major drilling program, Intermin Managing Director Mr Jon Price said:

"With the significant free cash flow that has been generated from our first mining project at Teal, our focus now turns to exploration success as we kick off the largest drill program in Intermin's history".

"New discovery drilling comprises roughly half of the fully funded $4 million program with priority walk up targets on the prolific Zuleika Shear and Bardoc Tectonic Zone. The Western Australian goldfields is a world class gold producing region with significant discoveries still being made through modern systematic exploration and investment in deeper drilling. We look forward to the first drilling results and adding our own chapter to the rich mining history of the Western Australian Goldfields."

Overview

During the last three months, the Company has compiled and reviewed a large geological database comprising geochemical, geophysical and historic drilling datasets in order to prioritise targets for drill testing. Extensive field reconnaissance investigations were undertaken during 2017 to confirm these targets and finalise the design of the 2018 drill program.

A summary of the program is shown in link below.

Anthill

At the Anthill gold project located 45km northwest of Kalgoorlie (see Figure 2 & 3 in link below), a total of 46 holes were completed for 6,509m in 2017 and all results have been released (ASX announcement 24 October 2017). A maiden JORC 2012 Mineral Resource is now being compiled for release in the current March Quarter 2018.

The geology is dominated by a variolitic basalt with lesser amounts of porphyry and ultramafic being observed. At least two mineralised trends are evident and add some complexity at Anthill. The gold mineralisation is pervasive and occurs in a number of settings, the most important being a quartz stockwork or thin veins with carbonate-sericite-silica-sulphide alteration. Some of the gold is free gold and is easily panned in RC chips.

The key to advancing Anthill to development is to delineate further, high grade resources along strike and at depth. Intermin will focus on extending the Anthill oxide area and undertake a deep drilling program to follow up the encouraging 2017 results. As with similar projects in the region, Anthill has the potential to develop into a large tonnage, medium grade open cut followed by decline development to access the higher grades in the fresh rock below the base of oxidation.

New target generation studies and initial field work has now been completed in the Anthill project area and new discovery drilling will test for repeats of the Anthill orebody. Drill testing will commence on the Fire Ant prospect and targets to the east, west and north of the Anthill project (see Figure 3 in link below).

RC and diamond drilling at Anthill is planned to commence in the June Quarter.

Blister Dam

Since September 2017, Intermin has been actively exploring the Blister Dam project located 54km northwest of Kalgoorlie (see Figure 2 & 4 in link below). This region, northwest of the Kundana Goldfield, has a similar geological setting to the large open cut and underground deposits including Frog's Leg, Raleigh, Millennium and Bullant.

An Induced Polarisation ("IP") survey, geological mapping, rock chip sampling and 46 reverse circulation ("RC") holes for 4,180m were completed in 2017 to test multiple priority targets. A total of nine out of the 21 individual targets at Blister Dam were drilled to the end of 2017. The remaining targets will be drilled in 2018 as part of the 14,000m program.

Several targets occur on the well-known Zuleika Shear, where historic drill holes have intersected two distinct gold mineralisation styles; thin high grade quartz veins and shear zones hosting broad widths (>40m) of disseminated low grade gold.

The second trend, south and subparallel to the Zuleika Shear, appears to be located near an ultramafic contact. This trend continues southeast towards the Carbine - Paradigm deposits held by Northern Star Resources Limited. Some small workings are present in this southern zone (see Figure 4 in link below) and a recent rock chip sample of the quartz vein returned 6.0g/t Au. Historical drilling beneath this old shaft also recorded an encouraging 9m @ 3.43g/t Au.

In addition the Company has been awarded $60,000 in WA Government Exploration Incentive Scheme co-funding ("EIS") to RC drill test recently defined induced polarisation (IP) targets at Blister Dam (see Figure 3 in link below). The 2D dipole-dipole IP survey was completed in October 2017 and comprised about 98 line kilometres. The IP results highlighted a number of small to moderate level conductor anomalies (10 - 20mV/V) and several potential (untested) fault zones.

Teal / Jacques Find / Peyes Farm

At the Teal gold project located 11km northwest of Kalgoorlie (see Figure 2 & 5 in link below), a total of 32 holes were completed for 3,024m at the Teal south, Jacques Find, Peyes Farm and Yolande prospects in 2017. Excellent high grade results were returned in the majority of holes drilled in both oxide and primary mineralisation as announced to the ASX on 18 September 2017 and 15 and 29 November 2017 (see Figure 5 in link below).

The geology is dominated by Black Flag sediments (felsic volcanics and sediments) with lesser amounts of porphyry and intermediate volcanics. Fresh rock gold is typically associated with quartz and sulphides. Faulting has displaced and pinched out some of the mineralisation. Currently Jacques Find is about 400m long and is open to the north and south and at depth. These extensions are priority drilling targets.

Several new, untested, exploration targets have recently been generated within a 1km of radius of Teal, Jacques Find and Peyes Farm. The new discovery targets will be drilled in the current March Quarter. On completion, Jacques Find will then be drilled to 200m depth across its entire 400m strike length (stage 1 ~6,000m) to extend resources in this area. If the deep drill hole RC results are positive and of a tenor suitable for underground mining, Intermin then plans to systematically diamond drill Jacques Find to 500m depth in the September quarter (stage 2 ~8,000m).

Given the success of the Teal open cut, where the supergene and transitional ore have been mined and processed through conventional processing plants, the Company is targeting additional supergene oxide and transitional material at Jacques Find, Teal extended and Peyes Farm to add to the production pipeline.

Primary mineralisation at depth exhibits semi-refractory properties and optimal recoveries are achieved through ultra-fine grinding, pressure oxidation or roasting. Deeper drilling is targeting high grade extensions to known mineralisation to grow the resource to sufficient scale to enable commercial discussions to commence on potential third party processing at existing nearby processing plants or sale of concentrate to potential offtake partners. (see Note below)

Regional Projects

Intermin has several other project areas that will be drilled during the latter half of the year. A total of 7,000m has been allocated. These include:

- West Kalgoorlie including Janet Ivy South = follow up drilling to recent intercepts of 3m @ 4.87g/t Au and 2m @ 3.32g/t Au

- Black Flag, Yarmony, Area 54, Kanowna North, Broads Dam, Windanya and New Mexico

Note: See Forward Looking Statement on Page 6

To view figures, please visit:
http://abnnewswire.net/lnk/I7HX85Q5

Jon Price 
Managing Director
Tel: +61-8-9386-9534
E: jon.price@intermin.com.au

Michael Vaughan
Media Relations - Fivemark Partners
Tel: +61-422-602-720
E: michael.vaughan@fivemark.com.au

Goldfields Money Ltd (ASX:GMY) Initiation of Research Coverage

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Goldfields Money Limited (ASX:GMY) ("Goldfields Money" or the "Company") is pleased to announce that Hartley's has initiated research coverage on Goldfields Money as the business moves to complete its proposed merger with Finsure.

About Finsure Holding Pty Limited

Established in 2011, Finsure had set out to build a competitive and holistic offering for mortgage brokers in Australia with the aim to become a dominant player in the industry. Since inception, Finsure has positioned itself as a leader in the market in offering a diverse lending panel, flexible commission models, lead generation and mortgage broker support services. Through the acquisition of LoanKit in 2013 and a growing brand presence in the marketplace, Finsure has become one of the fastest growing aggregation business in the industry. Finsure was also recently named Aggregator of the Year for 2017 at the Australian Mortgage Awards.

At the very core of the Finsure business ethos is the desire to provide the strongest value proposition to all partners and clients. It is this principle that underpins who Finsure is as an organisation, and why they are able to provide the maximum value to those who align with us. As at 31st December 2017, Finsure has a network of ~1370 loan writers across Australia, and a historical book of approximately $30 billion.

To view the full copy of the Hartley's research report, please visit:
http://abnnewswire.net/lnk/7QZ26Q2E

Goldfields Money Ltd
WWW: www.goldfieldsmoney.com.au

Topbetta Holdings Ltd (ASX:TBH) Conducts $1M Placement

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The Board of TopBetta Holdings Limited (ASX:TBH) ("TopBetta" or the "Company") is pleased to announce that the Company has received firm commitments to subscribe for 3,508,771 fully paid ordinary shares ("Placement Shares") to raise AUD$1M at 28.5 cents per Placement Share from sophisticated and institutional investors ("Placement").

The Placement is expected to be completed within 5 business days and the Placement Shares will be issued without disclosure under the Company's placement capacity under ASX Listing Rule 7.1.

Funds received will be used primarily for working capital and to strengthen the Company's future cash flow obligations.

Charly Duffy
Company Secretary
E: companysecretary@topbetta.com
M: + 61-409-083-780

Jane Morgan
Investor & Media Relations
E: investors@topbetta.com
M: +61-405-555-618

Byte Power Group Limited (ASX:BPG) Response to ASX Query Letter

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We refer to the ASX Query Letter (Letter) dated 18th January 2018, ASX emails from Rupa Kapadia dated 25 January 2018 and 30 January 2018 seeking clarifications and the questions you have raised in relation to recent transactions completed by both Byte Power Group Ltd (Company) and its subsidiary, Byte Power Pty Ltd (BPPL).

To view the full response, please visit:
http://abnnewswire.net/lnk/PZ0F94L6

Michael Wee
Company Secretary
Byte Power Group Limited
T: +61-7-3620-1688
www.bytepowergroup.com

Rumble Resources Ltd (ASX:RTR) Gravity Survey Completed at Earaheedy

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Rumble Resources Ltd (ASX:RTR) (FRA:20Z) ("Rumble" or "the Company") is pleased to announce that the recently commissioned gravity survey over the southeast portion of the Earaheedy Zinc Project (E69/3464 - 75 km2) has been completed.

Highlights:

- Rumble has completed a gravity survey over high-grade zinc and lead stratiform mineralisation identified through historic wide spaced drilling within carbonate sediments of the lower sedimentary units of the Earaheedy Basin (Proterozoic) in Western Australia.

- Historical drilling discovered high-grade zinc up to 18.6% within an intersection 3.3m @ 11.2% Zn, and 0.93% Pb from 150m and another drill hole intercepted 2m @ 8.23% Zn and 2.77% Pb from 103m that occurs in flat lying carbonates.

- Preliminary modelling has highlighted a number of gravity anomalies that are interpreted to parallel northwest trending basement structures.

- Detailed partial leach geochemistry is planned to cover the modelled gravity trends in March which will help delineate first order targets to be drill tested this year.

- Based on the wide spaced drilling, widespread flat lying zinc and lead mineralisation and significant high-grade intercepts, Rumble believes the potential for moderate to high angle fault breccias with significant/economic mineralisation is high.

- Rumble is targeting Mississippi Valley Type (MVT) high-grade base metal deposits similar to the Devonian Lennard Shelf Zn-Pb deposits of the Kimberley Region of Western Australia.

- Rumble has applied for additional tenure that potentially covers the southeast extension of stratiform zinc and lead mineralisation.

Gravity targets associated with inferred northwest trending basement faults/structures have been identified. The gravity targets will be tested by partial leach base metal geochemistry to aid in defining mineralised faults which will help delineate first order targets to be drill tested this year. An additional exploration license (ELA69/3543) has been applied for to cover potential extension of stratiform zinc and lead mineralisation to the southeast of the current Earaheedy project area.

About the Earaheedy Project (Image 1 in link below) - Option to Acquire 75%

Rumble has an option agreement with Fossil Prospecting Pty Ltd (a wholly owned subsidiary of ASX Listed Zenith Minerals Ltd - (ASX:ZNC)) to acquire a 75% interest in the Earaheedy Project, as previously announced on 12 October 2017.

The Earaheedy High Grade Zinc Project (E69/3464) is located approximately 110km north of Wiluna, Western Australia. Zinc and lead mineralisation with elevated silver is associated with the Navajoh Dolomite Member (also known as the Sweetwaters Well Member) of the Yelma Formation. The Yelma Formation is the lower unit of the 5000m thick Earaheedy Basin (Palaeoproterozoic). Sphalerite, galena, pyrite and marcasite (coarse grain) occurs as stratiform/stratabound ore fill veins and breccias, dissolution cavity fill, disseminated, stylolitic and fault fill mineralisation styles.

Broad spaced drilling (completed in the 1990's) defined several prospects containing oxidised and primary Zn-Pb mineralisation (zinc dominant) associated with a flat lying to shallow northeast dipping laterally continuous dolomite horizon with over 20 kilometres strike. The initial drill spacing was 5 to 10km. The current drill spacing is approximately 1km by 1km. Three prospects were defined within granted tenement E69/3464 (see image 2 in link below).

At 'Navajoh', an intersection of 7.3 metres @ 6.1 % Zn, 0.77% Pb (including 3.3 metres @ 11.2% Zn, and 0.93% Pb) remains untested for 500 metres to 1 kilometre in all directions.

At 'Magazine' there are no follow up holes within a 1kilometre radius of a discovery intersection of 11 metres @ 3.5% (Zn + Pb) which includes 2 metres @ 8.2% Zn, 2.8% Pb).

At 'Chinook' intersections include 9 metres @ 3.54% Zn, 0.58% Pb.

Review of the historic drilling has concluded that approximately half the drill holes did not intercept the target horizon. A total of 64 drill holes were completed within the project area (E69/3464) with only 35 drill holes intercepting the stratiform zinc horizon (including partial end of hole intercepts).

Rumble completed additional structural interpretation from magnetics and also completed a study on the relationship of metal zonation with respect to Zn:Pb ratios determined from drillhole data. Rumble considers the exploration model for the Earaheedy Project to be analogous to well-known MVT (Mississippi Valley Type) base metal deposits worldwide.

Based on the wide spaced drilling, widespread flat lying zinc and lead mineralisation and significant high-grade intercepts (3.3m @ 11.2% Zn), the potential for moderate to high angle fault breccias with significant/economic mineralisation is high.

The target size is 10Mt, similar to the Pillara (Blendevale) Zn - Pb deposit located in the Devonian limestones of the Lennard Shelf, Kimberley Region, Western Australia. The Pillara deposit produced 10.3 Mt @ 6.9% Zn and 2.3% Pb. Of note, the discovery drill-hole (8m @ 8.9% Zn, 3.5% Pb below 210m) at Pillara, was the 136th drill hole in the area.

Gravity Survey Completed by Rumble

The gravity survey comprised of 556 stations on a 200m by 200m grid covering an area of 20km2. Terrain corrections were applied to the final Bouger gravity (2.5g/cc).

The gravity survey was designed to cover the interpreted strong zinc metal endowment as defined by structural contouring (Zn%-m) - see image 2 in link below - along with higher grade Zn drilling intercepts within the south-eastern portion of granted tenement E69/3463.

Preliminary interpretation of the gravity data outlined a number of non-magnetic and non-topographic related gravity anomalies and trends that lies close to both northwest (basement faults) and northeast (cross faults) structures (see image 4 in link below). Surface geochemistry is planned to cover the gravity anomalies and trends.

Next Steps of Exploration

Historic exploration has shown the flat lying zinc and lead mineralisation does not surface and is essentially "blind". All historic exploration drilling passed through iron formations and shale of the Frere Formation before intercepting the host dolomite of the Yelma Formation. The mineralised dolomite was intercepted at a vertical depth of 50 to 70m to the southwest (see image 2 in link below). No systematic surface geochemistry has been completed.

Partial leach geochemistry is planned in March to cover the gravity trends and anomalies with the aim to help delineate base metal leakage haloes associated with potential mineralised fault breccias.

The partial leach geochemistry will help prioritise gravity/structural high-grade zinc targets for drilling this year.

To view tables and figures, please visit:
http://abnnewswire.net/lnk/SV0M31V6

Shane Sikora
Managing Director
Email: enquiries@rumbleresources.com.au
Phone: +61-8-6555-3983
Website: www.rumbleresources.com.au
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