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State Gas Limited (ASX:GAS) Operational Update on PL 231 Reid's Dome - Cattle Creek Conventional Gas Project

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Brisbane-based conventional gas developer State Gas Limited (ASX:GAS) is pleased to provide an operational update on its PL 231 Reid's Dome - Cattle Creek conventional gas project located South West of Rolleston in the Bowen Basin in Central Queensland.

HIGHLIGHTS

- Completed Phase 1 (Northern Area) of seismic reprocessing.

- Identified new potential gas pool target in the north-west of PL 231 from seismic reprocessing.

- Reviewed flow-test results and well inspections from December 2017 together with new seismic interpretation.

- Commenced Phase 2 (Southern Area) seismic data reprocessing.

- Commenced desktop review of Reid's Dome (deeper) gas and oil targets within PL 231.

The Company has received the results of the Phase 1 (Northern Area) seismic reprocessing. The Phase 1 reprocessing was calibrated to known gas sands from existing wells and is providing more advanced geophysical information that includes the Central North gas pool (centred on Primero-1) and other areas further to the north-west, where existing seismic data was available.

The interpretation results from the reprocessed seismic in the Northern Area of PL 231 have been considered by the Company in the context of the flow-testing results and well inspections conducted in December 2017.

With the flow-testing and well inspections data, it appears that there are two-to-three existing wells currently in place that will be sufficient to produce from the Central North Gas Pool.

The Phase 1 reprocessing also identified a new potential gas pool located in the north-west of PL 231 (North-West Gas Prospect). The North-West Gas Prospect appears to be hosted within the Cattle Creek Gas Sands and is anticipated to occur at a depth of approximately 220 metres in this area of the Permit.

Work is now underway to better define the scope of the North-West Gas Prospect and assess appropriate exploration and drilling options.

In order to optimise drilling costs and related exploration activities for the 2018 program, the Phase 2 (Southern Area) seismic reprocessing has been commissioned. Seismic data in the Southern Area is available but is more limited than that available for the Northern Area. It is anticipated that the results of Phase 2 will be available within the next three-to-four months.

The Company is now investigating options for monetising the known Cattle Creek Formation gas in the Central North gas pool centred on Primero-1.

A review of the Reid's Dome (deeper) gas and oil targets within PL 231 has also been commenced, with certain historical exploration reports recently uncovered that were previously unavailable.

To view figures, please visit:
http://abnnewswire.net/lnk/5MR86J61

Lucy Snelling
Chief Executive Officer
M: +61-439-608-241
E: lucy@stategas.com

Greg Baynton
Executive Director
State Gas Limited
M: +61-414-970-566
E: greg@stategas.com

Image Resources NL (ASX:IMA) Secures Underwriting Commitment for AU$25m Equity Raising

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Image Resources NL (ASX:IMA) (OTCMKTS:IMREF) ("Image" or "the Company") is pleased to announce it has entered into two Equity Subscription Deeds ("Subscription Deeds") to fully underwrite the issue of 250 million fully paid ordinary Image shares at an issue price of 10 cents to raise AU$25M (before costs) ("Equity Raising").

- Image launches fully underwritten AU$25M Equity Raising

- Cornerstone investor secured for minimum 10.1% position

- Euroz appointed as Sole Lead Manager and Sole Book Runner

- Completion of Equity Raising to full subscription will complete total funding package required for Boonanarring

Vestpro International Limited ("Vestpro") and Million Up Limited ("Million Up") (together the "Subscribers") have executed Subscription Deeds which provide certainty to the Equity Raising. The combined commitment from the subscribers fully underwrites the raising with Vestpro guaranteed a minimum of 96,227,088 shares which is equivalent to 10.1% of the total shares on issue following the Equity Raising and issue of the Commitment Shares (see Note 1 below).

Euroz Securities Limited have been appointed Sole Lead Manager and Sole Bookrunner for the Equity Raising. A further announcement regarding the conclusion of the Equity Raising is expected to be made on 14 March 2018, unless the Equity Raising is extended.

The Company will be using the Share Placement Facility approved by Shareholders at the general meeting of shareholders held on 13 February 2018, to complete the Equity Raising

Funds from the Equity Raising will be used for the construction and commissioning of an open cut mine and wet concentration plant at the Company's 100%-owned, high grade, zircon-rich Boonanarring Mineral Sands Project ("Boonanarring Project") located 80 km north of Perth in the infrastructure-rich North Perth Basin in Western Australia.

Managing Director Patrick Mutz commented, "The Boonanarring Project is one of the highest heavymineral (HM) grade, high-zircon, undeveloped mineral sands projects in Australia. Completion of this equity raising is the final step for full funding of the project which opens the door for work to begin on site construction and paves the way for the Company's long awaited and anticipated march to production."

The Boonanarring Project is fully permitted, requires project capital costs of only AU$52M, and has a construction lead time of an estimated six months. In addition, the Company already owns the processing equipment required to make an HMC product, and owns the land covering the first two years of ore reserves as well as the area required for the construction of the processing plant and related facilities. Importantly, the Company has also secured a binding off-take agreement for 100% of HMC production for the life of the mine.

Construction of the Boonanarring Project is on track to commence immediately. Initial mining pre-strip and construction of the wet concentrator plant and associated production facilities are expected to be completed near the end of the 3rd Qtr. 2018, followed by commissioning and first production during the 4th Qtr. 2018.

On 8 March 2018 the Company announced it had entered into a Loan Note Subscription Agreement ("LNSA") with Pala Investments Limited ("Pala") and Castlelake IV, L.P. and CL V Investment Solutions LLC which are entities controlled by Castlelake L.P. (collectively, "Castlelake") to raise AU$50M (see Note 2 below) from the issue of senior secured loan notes.

Key terms and conditions of the Subscription Deeds are summarized in Schedule 1 (see link below). Additional information on the Subscribers is presented in Schedule 2 (see link below).

Notes:

1 - Commitment Shares means (a) 56.255 million Image shares to be issued to the Loan Note Holders on drawdown of the loan as part of the fees under the Loan Note Subscription Agreement announced 8 March 2018, and (b) 35,198,459 Image shares to be issued to Murray Zircon Pty Ltd following a decision to mine by the Board of Image for Boonanarring, as part of the commitment to issue Deferred Shares as defined in, and in accordance with, the Share Consideration Deed dated 8 June 2016 between the Company and Murray Zircon Pty Ltd, and which Commitment Shares are anticipated to be issued in late March or early April 2018.

2 - US$ denominated Loan Notes equivalent to AU$50 million at signing of the LNSA.

To view Schedule 1 and 2, please visit:
http://abnnewswire.net/lnk/B9RTEXFD

To view Equity Raising Investor Presentation, please visit:
http://abnnewswire.net/lnk/16815O75

Patrick Mutz
Managing Director
T: +61-8-9485-2410
E: info@imageres.com.au
www.imageres.com.au

Alt Resources Ltd (ASX:ARS) High-Grade Ore Shoots Beneath VB Pit at Bottle Creek Gold Project, WA

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Alt Resources Ltd (ASX:ARS) (Alt or 'the Company') is pleased to provide the outcomes of an ongoing review of historical drilling data from the Bottle Creek Gold Mine in WA. The Company is continuing to compile and digitise the extensive historical dataset for the area. Alt's immediate focus is on un-mined gold mineralisation such as at Emu (see Note 1 below), Southwark (see Note 2 below) and the un-mined ore shoots beneath the existing VB and Boags pits.

HIGHLIGHTS:

- Historical drilling shows untested high grade ore shoots extending beneath the previously mined VB Pit

- Historical drilling does not extend deeper than 35 m below the current pit

- Grades up to 21.2 g/t Au, 810 g/t Ag remaining in-ground

- Significant historical intercepts from beneath the mined VB Pit include:

o 7.2m @ 6.3 g/t Au, 183.3 g/t Ag

o 6m @ 6.7 g/t Au, 18.3 g/t Ag

o 10m @ 4.1 g/t Au, 65.1 g/t Ag

o 12m @ 3.1 g/t Au, 3.6 g/t Ag

o 3m @ 4.0 g/t Au, 179.5 g/t Ag

o 9m @ 3.2 g/t Au, 31.8 g/t Ag

o 2m @ 1.6 g/t Au, 89.5 g/t Ag (EOH)

- Ore shoots are open at depth and represent immediate drilling targets

- Existing pits only mined to 50m depth with significant remnant ore beneath both VB and Boags pits

Broad, untested, high grade ore shoots at these deposits present immediate walk-up targets for exploration drilling and further resource development at Bottle Creek. Grades up to 21.2 g/t Au and 810 g/t Ag are reported from historical drilling beneath the VB Pit, alongside broad, consistently graded intercepts such as 12m @ 3.1 g/t Au.

Alt CEO, James Anderson, commented; "Consistent with the Company's strategy to develop Bottle Creek to production, it's very encouraging to see these untested ore shoots that are open at depth coming from the continued review of the Bottle Creek dataset. There is a massive amount of historical data and reporting to go through, with many gems hidden in the history of this project."

Alt executed a binding Option to Purchase Agreement for the Bottle Creek Gold Mine on the 3rd November, 2017 (see Note 3 below). Drilling is scheduled to commence in March 2018 to validate historical drilling and progressively bring the Bottle Creek resource into JORC compliance. The Company will undertake a minimum of 8,000m of reverse circulation (RC) drilling, with a focus on the un-mined Emu, Southwark and XXXX deposits, north of the VB and Boags pits (see link below). Drilling will also include extensions to high grade shoots below the mined pits as the project moves towards a development phase.

Regional Setting and Exploration History

The Bottle Creek gold mine lies 100 km north east of Menzies in the Mt Ida gold belt (see Figure 1 in link below). The gold mine is located on the northern extremity of the Mt Ida-Ularring greenstone belt extending from Davyhurst to Mt Alexander (see Figure 1 in link below). The Ularring greenstone belt forms the western part of the Norseman-Wiluna Province of the Yilgarn Craton. The location of mineralisation and local geology, is shown in Figure 2 (see link below).

Bottle Creek was discovered by Electrolytic Zinc Company of Australasia (EZ) in 1983, who passed management of the project to Norgold Limited (Norgold) in 1985. Norgold managed the project through to production. Ore was treated onsite in a CIP Circuit, producing 90,000 oz Au over an 18 month period from 1988-1989 from two open pits (Boags and VB; see Figure 3 in link below). Significant drilling was undertaken by EZ and later by Norgold along a 9.8 km strike length from 1984 to 1989. RC drill fences at 100m spacing were carried out, with infill drill line spacing at 50m and 25m at various locations. The majority of drilling targeted oxide mineralisation and reached no deeper than 80m vertically below surface.

VB Historical Drilling

The Bottle Creek gold mine included production from the VB and Boags pits between 1988 and 1989. The VB pit itself saw historical production of 615,000 tonnes @ 3.29 g/t Au for approximately 65,000 oz Au. Mining occurred to a depth of 50m below surface.

Extensive drilling undertaken by EZ and Norgold resulted in the delineation of historical resources at VB, Boags, Emu and XXXX (see Figure 3 in link below). Drilling was to a nominal depth of around 80m, and targeted oxide mineralisation. A small number of drillholes targeted sulphide mineralisation at depth (e.g. VB-281-DD, described below).

A review of the historical data reveals promising gold and silver intercepts remaining in-ground below the mined surface at the southern and northern ends of the VB deposit. Historical drilling reaches no deeper than 35m below the current depth of the VB pit. Several drillholes ended in mineralisation (e.g VB-128-RC; see Table 1 in link below). Drilling did not test the extent of the ore shoots at depth. These remain open and represent a clear target for ongoing exploration. Significant intercepts from beneath the VB Pit include:

- 7.2m @ 6.3 g/t Au, 183.3 g/t Ag from 85.2m

o including 2.3m @ 11.5 g/t Au, 301.7 g/t Ag from 85.2m

- 6m @ 6.7 g/t Au, 18.3 g/t Ag from 63m

- 10m @ 4.1 g/t Au, 65.1 g/t Ag from 69m

o including 1m @ 10.2 g/t Au, 55 g/t Ag from 71m

- 3m @ 4.0 g/t Au, 179.5 g/t Ag from 56m

- 9m @ 3.2 g/t Au, 31.8 g/t Ag from 65m

- 2m @ 1.6 g/t Au, 89.5 g/t Ag (EOH)

In addition, a zone of shallow un-mined mineralisation (detected 10-20m below surface) exists immediately east of the existing pit (shown in Figure 4 in link below). The spacing of drill fences outside of the pit area is approximately 100m, compared with 25m spacing within the mined zone. Significant potential therefore exists to expand the known volume of mineralisation both along strike to the north and south, and potentially to include a parallel zone to the east. A representative intercept from this eastern zone gives 12m @ 3.1 g/t Au, 3.6 g/t Ag from 11m.

Figure 6 (see link below) shows the distribution of historical drillholes across the VB deposit, between 12000 and 13200N on the local Bottle Creek grid. The local grid is oriented north-west of magnetic north. The cross-sections in Figure 4 and Figure 5 (see link below) are oriented along the local grid eastings, as labelled.

Alt Resources is commencing RC drilling at Bottle Creek this week, pursuant to the terms contained in the Option to Purchase Agreement for Bottle Creek (see Note 3 below). Drilling will aim to confirm historical intercepts and increase the current confidence in historical data. The data is considered to be reliable, however insufficient QAQC measures were included in the historical drilling, sampling and analytical procedures to be able to bring the deposit to a modern JORC compliant resource. Alt's drilling program will then aim to infill the existing drill sections to further increase confidence in the resource estimate.

Significant intercepts for below the VB pit, which will form the basis of further exploration by Alt, are listed in Table 1 (see link below). The significant intercepts described in this release are representative, and do not include all of the significant intercepts included in historical data from beneath the mined VB pit deposit. In this release, the Company is attempting to illustrate to shareholders the gold grades present below the current mined surface, and their continuity between drill sections. The Company considers the historical work by EZ and Norgold to be of generally high standard and reliability, and an excellent starting point on which to base modern exploration and develop a growth strategy for Bottle Creek.

Notes:

1 See ARS announcement, 22nd November, 2017; http://abnnewswire.net/lnk/D5NQHG4E

2 See ARS announcement, 7th December, 2017; http://abnnewswire.net/lnk/0ZOLOJ8K

3 See ARS announcement, 8th November, 2017: http://abnnewswire.net/lnk/QCE95126

To view tables and figures, please visit:
http://abnnewswire.net/lnk/ZI294V81

Alt Resources Ltd
T: 1300-66-00-01
M: +61-406-069-243
E: info@altresources.com.au
www.altresources.com.au

Central Petroleum Limited (ASX:CTP) Go-Ahead for Development of Mereenie Gas Project

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Central Petroleum Limited (ASX:CTP) (OTCMKTS:CPTLF) announces the Mereenie joint venture has taken the decision to proceed with the development of the Mereenie gas project following the ACCC's interim approval of joint marketing arrangements.

The 50:50 joint venture between wholly owned subsidiaries of Central Petroleum and the Macquarie Group has agreed and signed Authorities for Expenditure to confirm the drilling of WM26 and an immediate $12 million upgrade of the processing plant.

The decision to develop Mereenie's gas potential to coincide with the Northern Gas Pipeline (NGP) becoming operational was taken last year, subject to ACCC approval of its joint marketing application.

After the ACCC interim approval on 2 March 2018 to joint marketing on more restrictive terms than had been applied for, the Mereenie joint venture took into account the following matters:

- The east coast gas market remains critically short with prices remaining at the $8-$10/GJ citygate

- The increased flexibilities in the system as a result of pipeline reforms, particularly the day ahead auction proposal

- The pipeline reforms promising more internationally competitive pipeline tariffs

- The work that Central has done on the FEED for the Mereenie plant upgrade

- The NGP is likely to be operational by December this year with the initial capacity of 90TJ/day (33PJpa) of which approximately 32 TJ/day has been contracted.

The upgrade is aimed at increasing its capacity from its present 25TJ/day (9 PJ pa), of which15TJ/day is sold as gas into the NT Market with the balance re-injected, to a new capacity of 63TJ/day of which 58 TJ/day will be sold as gas without adversely affecting current crude oil production.

The joint venture decided that given the delay in the commencement of drilling, the best use of funds was to drill only one Stairway well and utilise the funds earmarked for the second Stairway well for a larger than envisaged plant upgrade at Mereenie.

"Ideally the plant upgrade decision should have been made in February to ensure the work was completed by the time the NGP became operational," said Managing Director of Central Petroleum Richard Cottee.

"But Central was never, nor should it be, in control of regulatory approvals and while it will be tight Central, as Operator, will use every endeavour to ensure the Mereenie processing plant has the capacity to sell 58TJ/day of Sales Gas by the end of this year."

Central Petroleum Limited
T: +61-7-3181-3800
F: +61-7-3181-3855
E: info@centralpetroleum.com.au
WWW: www.centralpetroleum.com.au

Media Enquiries
Martin Debelle at Citadel-MAGNUS
T: +61-2-8234-0100
M: +61-409-911-189

Impact Minerals Limited (ASX:IPT) Half Yearly Report

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Your directors of Impact Minerals Limited (ASX:IPT) submit the financial report of the consolidated entity for the half-year ended 31 December 2017.

Review of Operations

Commonwealth Gold-Silver-Base Metal Project, N.S.W. (Impact 100%)

The Commonwealth Project comprises three 100% owned exploration licences that cover about 315 km2 of the highly prospective Lachlan Fold Belt about 100 km north of Orange in NSW. The belt is host to many major gold-silver-copper mines including the Cadia-Ridgeway deposits that contain at least 25 million ounces of gold and 5 million tonnes of copper.

Impact's drill programme has continued to test extensions to the gold-silver system at Silica Hill. Hole CMIPT56 has returned 15 metres at 4.0 g/t gold and 61 g/t silver including 3 metres at 10 g/t gold and 20 g/t silver, the highest gold assay to date at Silica Hill and there is significant potential for a continuation of higher grade veins at depth and along trend (refer ASX release dated 20 July 2017).

Interpreted edges of a base metal-rich "feeder" vein was identified in Hole CMIPT063 which returned 0.3 m at 6.2 g/t gold, 149 g/t silver, 8.4% zinc, 3.9% lead and 0.2% copper and there are continuing indications of an underlying porphyry copper-gold system (refer ASX release dated 21 September 2017).

Extensive zones of gold and silver-bearing veins have been encountered in the upper lower grade parts of the system.

Recent drill results from deeper in the system have intersected high grade gold and exceptionally high grade silver values within 150 metres of surface. Hole CMIPT077 returned 22 metres at 1.7 g/t gold and 276 g/t silver including 0.3 metres at 1.8 g/t gold and 4,200 g/t silver (132 ounces) and also 0.8 metres at 13.6 g/t gold and 40 g/t silver (refer ASX release dated 13 February 2018).

Drill hole CMIPT072 has intersected disseminated pyrite with silver-bearing veins in places 350 metres down dip from previous mineralisation within the Silica Hill rhyolite (refer ASX release dated 12 December 2017). Assays are pending. The style of mineralisation is similar to that seen close to high grade vein systems closer to surface and this is encouraging for the presence of mineralisation over 500 metres down dip.

Pilbara Gold Project W.A. (Impact 100%)

Nine new 100% owned exploration licences covering 1,300 km2 prospective for Witwatersrand-style conglomerate hosted gold have been applied for in the East Pilbara. The licences are adjacent to ground held by Novo Resources Corp. (TSX:NVO) including the Beatons Creek Deposit (>500,000 oz gold). The tenements are likely to be granted in Q2 2018.

More than 90 kilometers of prospective Fortescue Group conglomerates have been identified on Impact's licence applications. The conglomerates are similar to those that occur in the Witwatersrand Basin of South Africa where the majority of the gold-bearing reefs are only 1 to 2 metres wide and easily missed.

Rock chip results of up to 11.2 g/t gold occur at the Glen Herring Prospect 10 km west of Marble Bar in a gold-pyrite conglomerate that extends for 25 kilometres. A single diamond hole at Shady Camp Well returned 0.9 metres at 0.6 g/t gold that has not been followed up. Other gold-bearing conglomerates have been identified on or adjacent to Impact's licences.

Impact is conducting on-ground reconnaissance exploration to ascertain access conditions and to determine the best sampling approach for gold both in nugget form as well as finely disseminated gold, both of which occur in the East Pilbara.

To view the full report, please visit:
http://abnnewswire.net/lnk/NF192G52

Impact Minerals Limited
T: +61-8-6454-6666
F: +61-8-6454-6667
WWW: www.impactminerals.com.au

Goldfields Money Ltd (ASX:GMY) Director Resignation and Appointment

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Goldfields Money Limited (ASX:GMY) ("Goldfields Money" or the "Company") wishes to advise that non-executive Director Mr Keith John has resigned from the Company effective immediately.

The Company is also pleased to announce the appointment of Finsure co-founder and Managing Director, Mr John Kolenda, as a non-executive Director of Goldfields Money effective immediately.

Goldfields Money continues to work towards satisfaction of the remaining conditions of the proposed merger between the Company and Finsure ("Finsure Transaction"), and will continue to provide updates as progress unfolds.

Appointment of Mr John Kolenda

Mr Kolenda is the co-founder and Managing Director of Finsure, having previously been an executive Director of Loan Market Group, co-founder of X-Inc. Finance, and General Manager - Sales and Distribution at Aussie Home Loans. Mr Kolenda is also the Chairman of the Aura Group, who became a substantial shareholder of the Company in May 2016.

Goldfields Money Chairman, Mr Peter Wallace said:

"We thank Keith for his significant contributions as a Director of Goldfields Money since joining the Board almost two years ago. We wish Keith the best in his future endeavours."

"We are also delighted to have John joining the Board given his practical experience in growing and leading a significant mortgage lending and aggregation business that will complement the skill set of the existing Board. We have been working with John and the Finsure team for nearly two years, and his appointment further strengthens our strategic partnership. Regardless of the proposed merger between Goldfields Money and Finsure, we look forward to working with John in building our lending business as we develop and expand our distribution capabilities."

Investor / Media Enquiries
Simon Lyons
Chief Executive Officer
E: slyons@goldfieldsmoney.com.au
Ph: +61-8-9438-8888

MMJ PhytoTech Ltd (ASX:MMJ) Canadian Cannabis Opportunity and Regulation Presentation

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MMJ PhytoTech Ltd (ASX:MMJ) provides the Company's latest presentation titled "Canadian Cannabis Opportunity and Regulation".

Canadian Cannabis Market Opportunity

An emerging multi-billion $ industry

- Supportive Regulatory Framework

o Legislation legalising recreational cannabis expected in mid/late 2018

o Canada will be the largest federal jurisdiction to legalise cannabis consumption

- Large Market Opportunity (see Note below)

o $4.9 to $8.7 billion base retail market value

o $12.7 to $22.6 billion with ancillary multiplier (e.g. growers, labs, security)

o >$22.6 billion total market potential (e.g. tourism, tax, license fees)

- MMJ currently has 3 investments in Canada that are well positioned to capture this market opportunity

Note: Source: Deloitte 2016 - Recreational Marijuana Insights and Opportunities

To view the full presentation, please visit:
http://abnnewswire.net/lnk/N5C215W9

Investor Enquiries:
Jason Conroy
Chief Executive Officer
E: info@mmjphytotech.com.au

Media Enquiries:
Sam Burns
Six Degrees Investor Relations
M: +61-400-164-067

Intermin Resources Limited (ASX:IRC) Anthill Gold Project Mineral Resource Update

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Intermin Resources Limited (ASX:IRC) ("Intermin" or the "Company") is pleased to announce an updated Mineral Resource Estimate for the 100% owned Anthill gold project area located 54km northwest of Kalgoorlie-Boulder in Western Australia (see Figures 1 and 2 in link below).

HIGHLIGHTS

- Over 6,500m of infill, validation and extensional drilling completed in 2017 (see Note 1 below)

- Maiden (JORC 2012) Mineral Resource Estimate stands at:

o 1.42Mt @ 1.72 g/t Au for 78,000 ounces at a 1.0g/t Au lower grade cut-off (see Note 2 below)

- 75% in the Indicated Category with mineralisation open in all directions (see Note 2 below)

- Intermin's Total Mineral Resource grows to 6.36Mt grading 2.12g/t Au for 434,000oz (see Note 2 below)

- Further resource drilling (7,000m) planned at Anthill to test extensions along strike and at depth outside of the current resource envelope

- New regional discovery drilling (7,000m) planned to test new targets at Fire Ant and to the north, east and west of the current Anthill resource

- RC and diamond drilling will commence in the June Quarter

- Initial scoping studies commenced to assess optimal mining and processing pathways for an open cut mine development

Commenting on Anthill resource, Intermin Managing Director Mr Jon Price said:

"The successful drilling at Anthill in 2017 has confirmed the Company's geological interpretation and the initial Mineral Resource is an excellent base on which to grow the project. Intermin takes a very conservative and economic approach to resource estimation and typically applies higher cut-off grades as we commence initial development studies."

"We now look forward to the upcoming extensional and new discovery drill program planned for the June Quarter and believe Anthill and new targets identified within the project area have the potential to be a significant part of our future production pipeline."

Overview

In the June and September Quarters 2017, the Company completed 45 angled RC holes for 6,282m to downhole depths between 75-230m and one diamond hole to 226m depth.

Diamond hole AHD1701 was drilled to validate the mineralisation model, examine the mineralisation and vein orientations and obtain samples for metallurgical and physical properties testing. An intercept of 105m at 1.38g/t Au from 48m (including 41m at 2.35g/t from 73m) (see Note 3 below) was returned as announced to the ASX on 30 August 2017. The hole successfully confirmed Intermin's geological model whereby mineralisation consists of a discrete steeply plunging quartz stock work zone developed within a folded and altered pillow basalt unit within the Zuleika Shear.

Significant shallow downhole RC intercepts included (see Note 3 below):

- 41m @ 2.63 g/t Au from 69m (AHRC17027)

- 30m @ 2.98 g/t Au from 73m (AHRC17024)

- 11m @ 3.72 g/t Au from 46m (AHRC17039)

- 29m @ 1.84 g/t Au from 49m (AHRC17035)

- 15m @ 2.26g/t Au from 32m (AHRC17032)

- 7m @ 4.58g/t Au from 37m and 43m @ 1.46g/t Au from 54m (AHRC17028)

- 19m @ 2.22g/t Au from 39m and 27m @ 2.17g/t Au from 98m (AHRC17031)

- 19m @ 1.50g/t Au from 32m and 38m @ 1.48g/t Au from 86m (AHRC17029)

- 18m @ 2.80 g/t Au from 48m and 11m @ 4.91 g/t Au from 90m (AHRC17020)

Significant deeper downhole RC intercepts included (see Note 3 below):

- 17m @ 5.37g/t Au from 137m (AHRC17043)

- 6m @ 11.15 g/t Au from 110m (AHRC17032)

- 11m @ 6.22g/t Au from 157m and 3m @ 6.48 g/t from 187m (AHRC17039)

The new data has been used to compile a detailed Mineral Resource Estimate compliant with the JORC 2012 Code.

The Mineral Resource for Anthill now stands at:

- 1.42 Mt at 1.72 g/t Au for 78,000oz (>1.0g/t Au lower grade cut-off)

The historic JORC 2004 Resource of 5.2 million tonnes at 1g/t Au for 160,700 ounces (see Note 4 below) completed in 2011 is considered to have been overly simplified and did not have a well-defined structural interpretation, thereby making it unsuitable for pit optimisation studies. The new structural interpretation has now more accurately estimated the location of the discrete high-grade quartz veins at depth below the upper quartz-stockwork zones.

The historic Resource applied a 0.5g/t Au lower cut-off grade and is considered inappropriate with a more conservative 1.0g/t Au cut-off grade applied which is more appropriate for mining development studies which have now begun.

Project Geology

Anthill is located in the Eastern Goldfields, adjacent to the highly endowed Zuleika Shear zone. The geology is dominated by a variolitic basalt with lesser amounts of porphyry and ultramafic rocks observed. At least two mineralised trends are evident and add to the geological complexity at Anthill. The gold mineralisation is pervasive and occurs in a number of settings, the most important being a quartz stock work or thin veins with carbonate-sericite-silica-sulphide alteration. Some of the gold is coarse and is easily visible in panned RC chips.

Next Steps

In the June Quarter 2018, resource extension and new discovery drilling will commence with an initial 14,000m being planned. The results will be added to the geological data base for resource model compilation with a further resource update expected in the September Quarter 2018. The new discovery drilling locations have been finalised, with four targets areas being identified including Fire Ant (see Figure 3 in link below).

In addition, initial in-house mining studies will commence to assess the optimal development pathways for the first stage of open cut development.

Notes:

1 As announced to the ASX on 30 August 2017 and 24 October 2017.

2 See Tables 1 and 2 and Competent Persons statement on pages 3 and 8. See also JORC tables on page 10.

3 As announced to the ASX on 30 August 2017 and 24 October 2017.

4 As announced to the ASX on 8 March and 6 July 2017 and MKO announcement on the 29 April 2011.

To view the release with tables and figures, please visit:
http://abnnewswire.net/lnk/5CDY72P0

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

Cryptocurrency Exchange Binance.com (CRYPTO:BNB) Lists Storm (CRYPTO:STORM)

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To view Whitepaper, please visit:
http://abnnewswire.net/lnk/P10C4KYA

E: info@stormtoken.com

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Central Petroleum Limited (ASX:CTP) Latest Company Presentation

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Central Petroleum Limited (ASX:CTP) (OTCMKTS:CPTLF) provides the Company's latest Presentation at Energy and Battery Mineral Conference.

HIGHLIGHTS

- MEREENIE

o Drilling West Mereenie 26
o $12M Plant upgrade

- PALM VALLEY

o Drilling Palm Valley 13
o 5TJ/d existing plant capacity

- OORAMINNA

o Drilling Ooraminna 3 to determine deliverability

- BREWER ESTATE & DINGO

o Remote Operation
o Plant upgrade to 5.5 TJ/d
o 4.4 TJ/d existing sales

- DRILLING PROGRAMME

o Aim to triple reserves over time by accessing Stairway Formation at Mereenie and natural fractures at Palm Valley

- QLD ACREAGE

To view the full presentation, please visit:
http://abnnewswire.net/lnk/MA574839

Central Petroleum Limited
T: +61-7-3181-3800
F: +61-7-3181-3855
E: info@centralpetroleum.com.au
WWW: www.centralpetroleum.com.au

Media Enquiries
Martin Debelle at Citadel-MAGNUS
T: +61-2-8234-0100
M: +61-409-911-189

Big Un Ltd (ASX:BIG) Change of Company Secretaries

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Big UN Limited (ASX:BIG) (OTCMKTS:BGGNF) ('BIG' or the Company'), announces the resignation of David Conley and Elissa Lippiatt as Company Secretaries and the appointment of Mr Francis Farmakidis (AGIA ACIS).

OUTLOOK

The Company continues with its plans to build the board, its international roll-out, tech development and to deliver products and services to meet demand from Australia, USA and UK and will update the market shortly.

Big Un Ltd
T: +1300-910-329
E: contact@bigreviewtv.com
WWW: www.bigreviewtv.com

Lithium Power International Ltd (ASX:LPI) Interim Report

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The directors present their report, together with the financial statements, on the consolidated entity (referred to hereafter as the 'consolidated entity') consisting of Lithium Power International Limited (ASX:LPI) (OTCMKTS:LTHHF) (referred to hereafter as the 'Company' or 'parent entity') and the entities it controlled at the end of, or during, the period ended 31 December 2017.

MARICUNGA - CHILE JOINT VENTURE

During the half-year ended 31 December 2017, the consolidated entity, through the Maricunga joint venture ('JV') company, Minera Salar Blanca ('MSB') continued to develop its flagship Maricunga lithium brine project (the 'Maricunga').

Significant milestones during the half year included:

- The release of the maiden JORC code (2012) compliant resource estimate. This was a 3.7-fold increase on previous resource estimates with high grade Measured, Indicated and Inferred resource to 2.15 million tonnes (Mt) of lithium carbonate equivalent ('LCE') and 5.7 Mt potassium chloride (KCI) to a depth of 200m.

- The release of an updated NI43-101 report in relation to the increase in the Maricunga resource update.

- Advanced production testing of the lithium and potash extraction processes for Maricunga continues, with final results of the first LCE production released. Using expert equipment suppliers Veolia and GEA to optimise the lithium extraction process, 5% lithium concentration was successfully achieved in stage 1 process test work. Stage 2 test work continues with the first production of Li2CO3 and KCL (test samples) were released in February 2018.

- The production process utilizes conventional brine processing technology, consisting of evaporation ponds for brine concentration and proven processes on the concentrated brine, in order to minimise uncertainty over future operations. The process will produce lithium carbonate with potash (KCl) as an additional product once the lithium operation is established.

- Outstanding economic outcomes announced from the Preliminary Economic Assessment (PEA) for the Maricunga, including an ungeared IRR of 23.4% and a project NPV of US$1.05 billion before tax, using an 8% discount rate and based on a project life of 20 years.

- Forecast project operating costs place the Maricunga among the most efficient global lithium producers, with lithium carbonate production costs of US$2,938 per tonne FOB. This reduces to US$2,635/t with credits from a potassium chloride fertiliser (KCl) by-product.

- Geotechnical site investigation testing has been completed on the plant and pond sites to provide information for construction engineering design. The layout design of the ponds for brine evaporation is also nearing completion.

- LPI's and MSB's boards have approved advancing the project to a Definitive Feasibility Study.

- Site visits to Maricunga were conducted with several groups of investment analysts, including Canaccord and Sprott Asset Management.

- A non-binding MOU with Chinese motor vehicle manufacturer Sichuan Fulin Industrial Group Co Ltd ('Fulin') has been executed for potential project equity participation as well as off-take agreements. A technical and legal due diligence process has been conducted by Fulin, which was completed in January 2018. Further discussions are expected to continue.

- External geo-political events that have occurred in this period of interest to the Company were:

o The election of a new government and the election of Mr Sebastián Piñera as President. It is widely considered that the new government will be pro-mining and pro-foreign investment; and

o Recent media reports from Chile with both the Codeclo tender process and the SQM & Albemarle royalty payments do not relate or impact on the Company's Maricunga joint venture.

CENTENARIO - ARGENTINA

A contract has been executed with Centenario Lithium Limited to buy the Centenario lithium brine project in Argentina for A$4 million plus a 1.5% gross royalty on future production to LPI. The transaction is for the sale of the shares in the wholly owned subsidiary Lithium Power International Holding (Argentina) Pty Ltd which owns 100% of the shares in the Company's Argentine subsidiary company.

An initial A$1 million has been received, with the balance to be paid at completion of the transaction on or before 30 April 2018. The purchaser may elect to pay the balance in a combination of cash and shares, which will attract a A$250,000 premium on the total purchase price to total A$4.25 million.

PILGANGOORA - WESTERN AUSTRALIA

Initial desk top and surface sampling with the Company's three Pilgangoora tenements continue in Western Australia. Two unsolicited approaches have been received by third parties to acquire and/or joint venture in the Tabba Tabba and Houston Creak projects.

GREENBUSHES - WESTERN AUSTRALIA

Initial desk top and surface sampling continue in the Greenbushes region with the view of identification of specific targets to commence a drilling program in the first half of 2018.

CAPITAL RAISING

The Company successfully raised A$35.6 million. This comprised a heavily over-subscribed A$15M offering, at a price of $0.55 per share, to new institutional, existing and sophisticated investors fully underwritten by Canaccord Genuity (Australia) Limited, in conjunction with a fully underwritten placement of approximately A$20.6M via the exercise and underwriting of the listed LPIO options which had an exercise price of A$0.55 each.

SIGNIFICANT CHANGES IN THE STATE OF AFFAIRS

There were no significant changes in the state of affairs of the consolidated entity during the financial period.

MATTERS SUBSEQUENT TO THE END OF THE FINANCIAL PERIOD

On 20 February 2018 the Company decided to bring forward the final payments for the unpaid interest in the Maricunga joint venture. The outstanding amount, US$7.53m, was paid on 28 February 2018, resulting in the Company owning a fully paid 50% interest in the Maricunga joint venture.

No other matter or circumstance has arisen since 31 December 2017 that has significantly affected, or may significantly affect the consolidated entity's operations, the results of those operations, or the consolidated entity's state of affairs in future financial years.

To view the full report, please visit:
http://abnnewswire.net/lnk/B076253Z

Lithium Power International Ltd
Telephone: +61-2-9276-1245
Facsimile: +61-2-9276-1284
WWW: www.lithiumpowerinternational.com

Prospect Resources Ltd (ASX:PSC) Investor Presentation

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Prospect Resources Ltd (ASX:PSC) provides the Company's latest Investor Presentation.

Prospect Resources Background

Prospect Resources Limited (ASX:PSC) an African Battery Minerals Company
Company has been built around core team made up of:

Africa Team - focus on development and exploration

- Strong and experienced local team with a track record of discovering, proving, building and operating mining projects in Africa

- Significant majority of the Prospect team based on the ground in the region

Australia Team - focus on transactions, financing, investor relations, corporate governance and marketing / offtake

- Small and focused, Perth based, head office team

- Deep lithium and related minerals process and marketing experience and network

- Deep financial market and transaction experience

Focus and Projects:

- Arcadia Lithium Project - take through development stage - primary focus

- Exploration - continual review of other mineral projects, currently undertaking exploration work at:

o Good Days (Lithium - Zimbabwe)
o Tombolo (Copper/Cobalt - DRC)
o Chishanya Carbonatite (Rare Earth Elements - Zimbabwe)

- Prospect Resources is a battery minerals company based in Perth with operations in Zimbabwe, and exploration activities in Zimbabwe and the DRC

- Prospect's Arcadia Lithium Project is one of the largest hard rock lithium resources in the world

- Zimbabwe, under its new Government is "open for business"

o Prospect is receiving significant domestic support for its plans and operations from all relevant government departments

o Zimbabwe is again a focus for international investors and offtakers

- Pre-development work at Arcadia Lithium Project site has commenced, PSC is undertaking various financing discussions to develop the mine and concentrate plant including:

o Offtake discussions, including ongoing Sinomine engagement

o Equity & Debt investors

o Offers of supplier funding - equipment, infrastructure and services

- Oversubscribed $10M placing closed in February 2018 - to allow further exploration work and to fund working capital

- Exploration work expected to commence in DRC in coming months

To view the full presentation, please visit:
http://abnnewswire.net/lnk/IY65U6F1

Hugh Warner
Prospect Resources Ltd
Executive Chairman
T: +61-413-621-652

Harry Greaves
Prospect Resources Ltd
Executive Director
T: +263-772-144-669
WWW: www.prospectresources.com.au

Altech Chemicals Ltd (ASX:ATC) Advances Final Stage of Project Financing

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Altech Chemicals Limited (Altech/the Company) (ASX:ATC) (FRA:A3Y) is pleased to provided an update on funding for its proposed Malaysian high purity alumina (HPA) plant and associated kaolin mine in Meckering, Western Australia (the Project).

Highlights

- US$190 million senior debt package completed

- FIDS due diligence data room established

- Mezzanine debt work stream commenced

- Joint venture option being advanced

- Project equity work stream to target quality equity partners commenced

Senior Debt Package

On 2 February 2018, the Company announced that it had executed a commitment letter together with agreed terms and conditions formalising the US$190 million senior debt package with German government owned KfW IPEX-Bank. The path to finance close and the ability to draw-down on the senior debt package involves the Company satisfying various conditions precedent, which includes securing a balance of funds for the Project. The options and proposals currently being assessed by the Company include introducing an additional amount of mezzanine debt (unsecured and subordinate to the senior KfW IPEX-Bank loans); taking on a project partner; a traditional equity issue by the Company; and the sale of a royalty stream over future HPA sales revenue. A healthy level of interest in the Company and the Project from potential investors and financiers has been demonstrated to date. A data room containing all project and due diligence information (including the Final Investment Decision Study) is established and has been made available to numerous groups to assist with respective due diligence activities.

Mezzanine Debt

A number of groups have been appointed to assist the Company with identifying potential financiers and securing indicative terms for proposed mezzanine debt, which will be unsecured and subordinate to the US$190 million senior loan package. The Project is extremely cash positive and the Company is targeting mezzanine debt of between US$70 and US$120 million, which modelling demonstrates the Project can support. To date there has been strong interest and already numerous financiers have commenced accessing the Company's data room. Some groups have commenced more detailed due diligence activities such as site visits (Malaysia and Australia) and have had (or have arranged) direct discussions with KfW IPEX-Bank, due diligence consultants, the off-taker, and EPC contractor. In addition to the mezzanine debt market, there is also interest in financing from the convertible bond market. Altech is also considering other sources of funding such as a royalty stream and a US denominated bond issue directly at the project level. Work streams with potential financiers are expected to continue over the next quarter.

Joint Venture

The Company is also exploring the option of a project level joint venture investment with several industrial groups, which if successfully concluded is likely to result in a major reduction in the amount of equity contribution required from Altech shareholders as part of the balance of funds. A partial sale at the project level in conjunction with mezzanine debt is an attractive option for the Company to secure the majority of the balance of funds, as it will significantly reduce shareholder dilution. The Company is targeting potential joint venture partners that have speciality industrial materials experience and a strong balance sheet. Various meetings have already taken place with potential partners and due diligence has been initiated.

Project Equity

Several groups have been appointed to assist the Company with the anticipated equity raising that will likely be necessary to secure the total balance of funds required. The final equity amount has not yet been determined as it will depend on the amount of mezzanine debt secured, the outcome of the joint venture and project sell down option, any royalty stream sale, plus final financing costs, the working capital requirement and any additional contingency amount. Altech is targeting potential equity partners that share its longer-term vision for the Company to be a substantial force in the global HPA market. Roadshows and presentations by Company management will continue in the various target regions like Europe, USA, Australia and the Asia-Pacific in the coming months. Since the KfW IPEX-Bank debt funding was confirmed in early 2018, there is heightened interest in the Company and its HPA project and a number of large equity investment groups have been presented to; several of which have initiated detailed due diligence.

Altech managing director Iggy Tan said that the Company is encouraged by the interest and the rapid recognition of the potential of the high purity alumina market. "We currently estimate that it may take until mid-2018 to determine the optimal funding solution for our HPA project. The Company's objective remains to achieve a robust project funding solution that maximises shareholder returns and minimises dilution", he said.

Iggy Tan
Managing Director
Altech Chemicals Limited
Tel: +61-8-6168-1555
Email: info@altechchemicals.com 

Shane Volk
Company Secretary
Altech Chemicals Limited
Tel: +61-8-6168-1555
Email: info@altechchemicals.com

Investor Relations (Europe)
Kai Hoffmann
Soar Financial Partners
Tel: +49-69-175-548320
Email: hoffmann@soarfinancial.com

Alt Resources Ltd (ASX:ARS) Drilling Commences at Bottle Creek Gold Project, WA Camp Construction Completed on Budget

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Alt Resources Ltd (ASX:ARS) ('Alt' or 'the Company') is very pleased to advise that installation and construction of the Bottle Creek Gold Project camp has been executed in 14 days. Completion of the camp construction now enables Alt to proceed with the accelerated development of the Project. The establishment of the camp in this remote location now provides the Company with capacity to accommodate staff and drillers onsite for the extended drilling programmes.

HIGHLIGHTS:

- Camp construction and installation of all facilities at the Bottle Creek Gold Project completed on budget in 14 days

- 10,000m drilling programme commenced on schedule Monday 12th March

- First assays to be delivered to ALS laboratories in Kalgoorlie with initial results anticipated end March 2018

Alt CEO James Anderson commented, "It has been an outstanding effort by the Alt staff putting this camp together in such a short time frame. Bottle Creek is quite a remote location to manage an extended drill programme and the camp now gives us the capacity to run operations not only for Bottle Creek but for the newly acquired Mt Ida and Quinns projects. We consider Bottle Creek to be an emerging development project and the camp is now a key asset for the Company as it moves into the next stage of resource drilling."

Alt executed a binding Option to Purchase Agreement for the Bottle Creek Gold Mine on 3rd November, 2017 (see Note below). Drilling is scheduled to commence imminently to validate historical drilling results and progressively bring the Bottle Creek resource into current JORC compliance. The Company will undertake a minimum of 8,000m of reverse circulation (RC) drilling, with a focus on the un-mined Emu, Southwark and XXXX deposits, located north of the VB and Boags pits (see figures 1 and 2 in link below). Exploration drilling will also include extensions to high grade shoots below the mined pits with the view towards future resource development.

The Strike Drilling team has commenced at the first drill holes on the Emu ore body, with first assays expected to be delivered to the Kalgoorlie assay laboratories by 18th March. The initial stage of the 10,000 metre RC drill programme planned at Bottle Creek is already ahead of schedule and camp construction has been delivered on budget.

Note: See ARS announcement, 8th November, 2017: http://abnnewswire.net/lnk/QCE95126

To view figures, please visit:
http://abnnewswire.net/lnk/RSN32M4T

James Anderson
CEO Alt Resources Ltd
E: james.anderson@altresources.com.au

Peter Taylor
Investor Relations
E: peter@nwrcommunications.com.au
M: +61-412-036-231

Hastings Technology Metals Ltd (ASX:HAS) Half Yearly Report

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Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM) submit the financial report of the Group consisting of Hastings Technology Metals Ltd ("Company" or "Hastings") and the entities it controlled during the half-year ended 31 December 2017. In accordance with the provisions of the Corporations Act 2001.

Yangibana Project

JORC Resources

Following the completion of the 2017 exploration drilling programme at the Yangibana Project, an updated JORC Resource estimate was completed by independent consultants Widenbar and Associates Pty Limited. Total Resources now stand at 21.00mt as shown in Table 1 (see link below). Note that resource tonnes in the following tables are rounded to the nearest 100,000 tonnes and rounding errors may appear.

These resources include those within tenements held 100% by Hastings (see Table 2 in link below) and those held in joint venture with Hastings holding a 70% interest (Table 3 in link below).

Definitive Feasibility Study (see ASX announcement dated 28 November 2017)

During the period the Company released the Definitive Feasibility Study (DFS) for the Yangibana Rare Earths Project. The Project will produce a Mixed Rare Earths Carbonate (MREC) rich in Neodymium (Nd) and Praseodymium (Pr), critical materials used in the manufacture of permanent magnets, which are found in electrical components of many new technology products, from electric vehicles, renewable energy wind turbines and electronic consumer products.

The DFS demonstrates attractive economics using conservative price projections for the key rare earths of Nd-Pr which the company anticipates will have solid demand based on the strong trending growth of electric vehicles and wind turbines in particular, as well as other technological innovations. The DFS furthermore demonstrated the technical viability of the Yangibana flow sheet.

The DFS calculations are based on the Maiden JORC Ore Reserves of 5.15 million tonnes at 1.12% Total Rare Earths Oxide (TREO) for the first six years of operations, along with a Production Target for years 7 and 8 based on additional JORC Measured and Indicated Resources. All the Ore Reserves and Mineral Resources included in the DFS lie within tenements owned 100% by Hastings.

The production targets and underlying assumptions have not changed from the date of the release of the DFS on 28 November 2017 to the date of this report.

The Probable Ore Reserves at Bald Hill and Fraser's deposits are based on the JORC Resources shown in Tables 4 and 5 (see link below), that form part of the total resources of 21.00 million tonnes. Apparent discrepancies might appear due to rounding.

Mining by open pits will use conventional drill and blasting methods and it is planned to provide 1.0 million tonnes per annum of ore to the processing plant.

The ore dips at between 10 and 45 degrees and varies in thickness between 1m and 20m at Fraser's and 1m and 30m at Bald Hill, with an average thickness of 4m. The ore zone (ironstone) is visually distinct from the host rock, providing some control for ore identification.

RC grade control drilling will be done on a 10m x 10m grid to control ore delineation.

Selective blasting and mining around the ore zones are designed to remove the hanging-wall as cleanly as possible to expose the ore.

The ore will then be mined to the footwall contact using selective mining. Due to the high value of the ore, a high ore recovery will be the focus of mining. As such, a 50cm skin of dilution will be added to the ore mined to enable a 98% ore recovery assumption.

Pits will be dewatered ahead of mining using bores to provide a dewatered rock mass, with a maximum 8 litres per second pumped from each pit. Stormwater will be managed in pit using sumps and with capacity for pumping up to 10 litres per second in each pit.

Waste from each pit will be stored in adjacent waste dumps. Some of the Bald Hill pit will be backfilled to minimise haulage distances. Mineralised material will be transferred directly to the Run-Of-Mine (ROM) pad or to a low-grade stockpile with the mining trucks (as the distance travelled is reasonably low).

Pit optimisations have been completed to determine the economic mining limits for each deposit. Only Measured and Indicated Resources have been considered for processing. Pits have then been designed in stages to enable higher grades to be targeted and waste extraction to be deferred. Both Bald Hill and Fraser's pits are approximately 125m deep. The main Bald Hill pit is approximately 1,100m long and 600m wide. The Fraser's pit is approximately 600m long and 250m wide. The waste dumps have been located to minimise haulage distances and were constrained by lease boundaries (Bald Hill) and water courses. The Bald Hill dump covers an area of 100 hectares (ha), and the Fraser's dump covers 86ha.

The Company has completed extensive metallurgical testwork culminating in pilot plant tests on a composite sample of material from Bald Hill and Fraser's. This testwork has defined a route comprising crush, grind, flotation, acid bake with water leach and precipitation of a Mixed Rare Earths Concentrate. The key parameters are shown in Table 6 (see link below).

All environmental studies and approvals processing are progressing as required.

Based on the resources in Tables 1 and 2 (see link below) and the Modifying Factors, Snowden has estimated the Probable Ore Reserves as shown in Table 7 (see link below).

68% of the initial 8-year operating life is underpinned by these Ore Reserves. An Additional Production Target of 2.64 million tonnes of plant feed based on Measured and Indicated Resources from Auer, Auer North, Yangibana West and Yangibana deposits is included for the financial evaluation. These deposits were selected as the Mineral Resources in these deposits have been demonstrated, through variability testwork programmes, to be compatible with the process flowsheet developed in the DFS. Preliminary modifying factors were applied during a pit optimisation of the Mineral Resources to develop the Additional Production Target tonnage and subsequently, a mining schedule was developed from the optimised pits and used in the financial evaluation of the project.

The processing route commences with comminution and beneficiation, resulting in a beneficiated concentrate upgrade by 20 times from the ROM ore, as demonstrated through the DFS, to a 25% TREO concentrate.

This concentrate is further processed downstream through a hydrometallurgical process that involves acid bake, water leaching, impurity removal and precipitation to produce up to 15,000 tpa of MREC. The MREC will contain up to 3,400 tpa of neodymium oxide (Nd2O3)+praseodymium oxide (Pr6O11). Hastings will sell this Nd2O3+Pr6O11 rich MREC to rare earths oxides separators or other customers further along the rare earths supply chain.

The Project is estimated to generate annual sales revenue of A$379 million, a nominal after tax NPV of A$466 million (discount rate of 8%), an Internal Rate of Return (IRR) of 78% and a 2.3-year payback (average over the 8 years from first draw down) as shown in Table 8 (see link below).

Revenue streams are highly dependent on Nd-Pr prices as these account for 85-90% of projected revenue.

The Company will continue to work on identifying areas where capital expenditure can be further reduced. Significant gains have been achieved on operating expenses, with a reduction of 30% achieved from the PFS. With estimated annual operating expenses at A$142 million per year, the average operating cost for the project is A$17.0/kg TREO (US$12.8/kg), including all fixed and variable costs.

The DFS financial model assumes an average long-term US$/A$ exchange rate of US$0.75 and price forecasts from 2017 to 2027 for rare earths prices from Argus Media, an independent provider of price information, market data and business intelligence for the global resource industry. Hastings anticipates an increase in some of the key rare earths prices, especially Nd-Pr over the next decade due to the strong demand for permanent magnets arising from the growth in electric vehicles. The price rises seen in 2017 demonstrate that the Chinese authorities are having a degree of success in shutting down illegal production in China and Hastings expects the emphasis on sustainable production to continue in China and be supportive of Nd-Pr prices.

Native Title Agreement

In November 2017 the Company signed a Native Title Agreement (NTA) with the Thiin-Mah Warriyangka, Tharrkari and Jiwarli People (TMWTJ People) in respect of the Yangibana Project. The Agreement covers the entire 650km2 of the Yangibana project area.

Commercial

The strengthening in Neodymium (Nd) and Praseodymium (Pr) prices (+42% and +39% respectively year-on-year) and the signing of three offtake Memorandum of Understanding (MOU) agreements with three Chinese rare earth producers provide confidence in the successful development of the Yangibana Rare Earths Project.

The three MOUs signed to date represent approximately 40% of the planned MREC (Mixed Rare Earth Carbonate) annual production from Yangibana.

China further continued to fuel excitement around the announcement of electric vehicle (EV) developments. Chinese authorities hinted of policy changes in early September 2017, with the intention of banning fossil-fuel vehicles. This follows similar policy announcements made by India, Norway, France and the United Kingdom.

Vehicle manufacturers also made encouraging announcements regarding EV targets. Volkswagen will spend EUR 20 billion in R & D to develop electric vehicles. VW aims to roll out 80 EVs models across all its brands by 2025.

Given both policy and manufacturer announcements, the International Energy Agency predicts that by 2030 the stock of EVs on the road globally will total between 160 to 200 million, an almost 100 times increase of the EV stock today. These developments will drive the robust support in demand for Nd and Pr well beyond 2030.

Corporate

Capital Raising

The Company raised $21.5 million during the period with the issue of 139,021,512 shares. This included 51,046,512 at 8.6 cents per share on completion of the share purchase plan and 81,125,000 shares at 20 cents per share through a share placement.

Directors and Management

The Company appointed two new directors during the period, Guy Robertson on 31 July 2017 and Aris Stamoulis on 4 October 2017.

Mr Anthony Ho resigned on 29 November 2017. Mr Ho had previously served as the Company's Chairman and Chairman of the audit committee. The Board is appreciative of Mr Ho's contribution to the Company.

TERMINOLOGY USED IN THIS REPORT

Total Rare Earths Oxides, TREO, is the sum of the oxides of the light rare earth elements lanthanum (La), cerium (Ce), praseodymium (Pr), neodymium (Nd), and samarium (Sm) and the heavy rare earth elements europium (Eu), gadolinium (Gd), terbium (Tb), dysprosium (Dy), holmium (Ho), erbium (Er), thulium (Tm), ytterbium (Yb), lutetium (Lu), and yttrium (Y).

To view the full report with tables and figures, please visit:
http://abnnewswire.net/lnk/867M42O5

Charles Lew
Executive Chairman
T: +65-9790-9008

Guy Robertson
Finance Director
T: +61-9078-7674

Intermin Resources Limited (ASX:IRC) Half Yearly Financial Report - 31 December 2017

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Intermin Resources Limited (ASX:IRC) present their report on the consolidated financial statements for the half-year ended 31 December 2017.

EXPLORATION AND DEVELOPMENT ACTIVITIES

During the half year the Company made progress on a number of fronts. Key developments were as follows:

Mine Development

Open pit mining of ore and waste continued during the Period at Teal Stage 1 with ore processing at third party processing plants in close proximity. The pre stripping of waste was completed and ore mining totalled approximately 120,000 tonnes with a mine claimed grade of 3.5g/t Au. Gold sales generated $11.8m in revenue with the project cash positive during the Period.

During the period, Teal Stage 2 was approved and commenced comprising a cut back on the east wall to access additional ore. Both stages of the pit are expected to produce 18,000 - 20,000 ounces with completion of mining scheduled for the March Quarter 2018 and final ore processing in the June Quarter 2018.

Development studies for the Goongarrie Lady and Teal Stage 3 gold projects advanced during the Period with Feasibility Study completion expected in the June Quarter 2018.

Exploration

Exploration activities continued during the period across Intermin's 100% owned tenure in the Goldfields of Western Australia. Over 20,000m of drilling was completed focussing on resource extension and new discovery targeting ahead of the large scale program planned for 2018. The drilling was highly successful and identified three key project areas, the Teal gold camp, Anthill and Blister Dam.

For details on the drilling programs, we refer you to the announcements released on the ASX and on the Intermin website (www.intermin.com.au).

Results from the drilling are now being compiled with resource updates expected at the Anthill gold project in the March Quarter 2018 and Teal in the June Quarter 2018.

Menzies Gold Project Joint Venture

In 2016, Intermin executed a binding Heads of Agreement ("HoA") with Eastern Goldfields Limited (ASX:EGS) ("EGS") to form a strategic joint venture ("EGS JV") covering Intermin's projects in the Menzies and Goongarrie region (refer ASX announcement dated 5 September 2016).

Further exploration activities are planned for 2018 at these prospects and will be managed and funded by EGS as part of the joint venture.

Binduli North Gold Project Joint Venture

During the Period, joint venture partner Evolution Mining Limited completed 38 holes for 4,006m testing priority geochemical and structural targets at the Coot and Crake and Honey Eater prospects. Results and follow up plans are expected in the March Quarter 2018.

Janet Ivy (M26/446) Production Royalty

Intermin owns a $0.50/t mining royalty that relates to ore mined and treated from ML26/446 currently owned by Norton Gold Fields Ltd. During the period, the prepayment threshold was reached and royalty payments are now payable with potential for $600,000 in royalties in the March and June Quarters.

Nanadie Well Copper - Gold Project Joint Venture

Joint Venture partner Mithril Resources Ltd announced new priority regional targets at the Nanadie Well project during the period and reported some excellent results including extensions to Cu-Ni-PGE massive sulphide mineralisation at the Stark prospect. Excellent drilling results were also returned from the Kombi gold prospect with follow up on both projects planned for the first half of 2018. For details we refer you to the Mithril Resources ASX releases for the period (ASX: MTH).

Richmond Vanadium - Molybdenum Project

In December 2016, Intermin executed a binding Heads of Agreement ("HoA") with AXF Resources Pty Ltd ("AXF") to form a strategic joint venture ("AXF JV") covering Intermin's Richmond Vanadium - Molybdenum project in Queensland (refer ASX announcement dated 13 December 2016).

During the period activities included data compilation and review for a Resource update accounting for changes in tenement boundaries and to ensure compliance with JORC 2012 reporting. In addition, AXF collected samples for dispatch to two research laboratories in China for initial pre-treatment metallurgical test work.

The resource update and the initial results from the test work are expected in the March and June Quarters respectively.

To view the full report, please visit:
http://abnnewswire.net/lnk/IW0XIE98

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

Lithium Power International Ltd (ASX:LPI) Maricunga Lithium Brine Project Awarded Key Regulatory Export Licence

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Lithium Power International Limited (ASX:LPI) (OTCMKTS:LTHHF) (or the Company) is pleased to advise that it's 50% owned Chilean joint venture company Minera Salar Blanco (MSB), responsible for developing the Maricunga Lithium Brine Project, has been awarded a key regulatory export licence by the Chilean Nuclear Energy Commission (CCHEN) to produce, market and export lithium products from Chile that are extracted from the Maricunga salar.

Highlights

- The Chilean Nuclear Energy Commission (CCHEN) has awarded a key regulatory export licence for the production and marketing of lithium from LPI's 50%-owned Minera Salar Blanco (MSB) joint venture for a period of 30 years.

- The approval permits the initial extraction quota of 88,885 metric tonnes of lithium metal contained in brine or 472,868 tonnes of lithium carbonate equivalent (LCE).

- The CCHEN can increase the approved extraction quota upon MSB advancing the deep drilling exploration program scheduled for 2018.

- The extraction quota may also be increased by improvements in efficiencies at the production facilities.

MSB was granted a significant extraction quota on 9 March 2018 to export lithium from Chile. The quota has a term of 30 years and covers brine extracted from Maricunga, containing 88,885 metric tonnes of metallic lithium in brine or 472,868 tonnes of lithium carbonate equivalent (LCE).

The CCHEN awarded MSB to extract and export lithium brine from its grandfathered mining concessions, which were registered prior to 1979 and are known as "old coded" concessions. Only twelve (12) production wells are required to produce 20,000 tonnes of LCE/pa with three (3) production wells already installed and operational. All production wells are designed to be installed on the old coded concessions.

In addition, MSB will be able to request an increase in the initial quota from the CCHEN once the company presents a Special Operation Contract (CEOL) covering its "New Coded" mining concessions, those registered after 1979. MSB intends to submit its CEOL request to the Chilean authorities this month.

The CCHEN resolution also allows MSB to request an increase on the initial quota once lithium resources between 200m-400m depth are upgraded to measured, indicated or inferred resource categories according to JORC and NI 43-101 standards. The new exploration phase to the greater depths to 400m and further development activities is scheduled to be carried out by MSB in 2018.

The CCHEN resolution states that the quota will be automatically increase on the same proportion as production plant efficiencies are improved. It is noted that the initial efficiency rate of 40% was submitted by MSB in its application to CCHEN, on which the quota was awarded. Further production testing and refinements carried out and reported in the last reports from GEA and Veolia are already showing improved efficiency rates.

MSB will have a four years period from the date of the authorisation to present the environmental approvals to the CCHEN. MSB will submit its environmental impact assessment next month.

Lithium Power's Chief Executive Officer, Martin Holland said:

"We are delighted to have gained the authorisation and support from the Chilean Nuclear Energy Commission which reaffirms our confidence that Chile's Government will continue to encourage and protect foreign investment as a leading mining jurisdiction".

On the CCHEN deal MSB's Chief Executive Officer, Cristobal Garcia-Huidobro, said:

"This permit represents a key milestone on the critical path for the company to advance the Maricunga project, placing it firmly as one of a select few advanced-stage lithium carbonate projects in the Americas. After four years of successful development, including our recent JORC and NI 43-101 reports and the Preliminary Economic Assessment (PEA), the company continues to progress on the next step to submit its Environmental Impact Assessment (EIA) to the authorities, making the Maricunga project the most advanced lithium project in Chile."

Investor and Shareholder Conference Call

Investor and Shareholders invited to join Martin Holland for a Q&A conference call today, Wednesday 14 March 2018 at 11.00am AEDT.

The dial in details are as follows:

Australia Free phone number: 1300-254-410
Overseas dial-in: +61-3-8687-0634
Conference Access Code: 7613815

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

WiseTech Global (ASX:WTC) Acquires Netherlands-Based Logistics Software Provider, LSP Solutions

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WiseTech Global Ltd (ASX:WTC) (OTCMKTS:WTCHF) today announced the acquisition of LSP Solutions (LSP), a leading provider of customs and warehouse management solutions in the Netherlands.

Headquartered in Ede, the LSP offering includes customs compliance management solutions, bonded warehouse administration, contract logistics and warehouse management. LSP provide logistics solutions to customers including Damco, GEODIS, JCL Logistics, Vos Logistics, Hitachi Vantara, and many other organisations.

WiseTech CEO, Richard White, said "With Europe's largest port and a well-established and dynamic trade flow, the Netherlands is a critical transport hub. Bringing LSP into the WiseTech group now deepens our reach in this important market which will benefit from the combined strength of WiseTech's innovation capabilities, our CargoWise One supply chain execution platform, and LSP's customs and warehouse management solutions."

LSP Solutions Managing Director, Marco Pieplenbosch, said "For more than 20 years we have worked closely with our customers to provide highly effective, flexible products rich in functionality. With WiseTech Global's powerful development capacity and global reach we look forward to accelerating our capabilities and better supporting our customers' logistics operations with increased automation, improved productivity and mitigation of risks. Ultimately, our vision is that our customers will benefit from faster, safer and easier customs compliance and warehouse management."

Remaining under the leadership of Marco Pieplenbosch and Erik Wilting, LSP operations will be integrated within the WiseTech Global group and LSP will continue to deliver its powerful logistics software solutions directly to its own customers, along with WiseTech's integrated global logistics platform, CargoWise One.

CargoWise One enables logistics service providers to execute highly complex transactions in areas such as freight forwarding, customs clearance, warehousing, shipping, land transport and cross-border compliance and to manage their operations on one database across multiple users, functions, countries, languages and currencies.

This transaction follows WiseTech's other recent customs and logistics solutions acquisitions in Belgium, Ireland, North America, Australasia, Italy, Germany, Brazil, and Taiwan, and is in line with WiseTech Global's stated strategy of accelerating long-term organic growth through targeted, valuable acquisitions across new geographies and larger, globally capable adjacencies.

About LSP Solutions

For over 20 years LSP Solutions has been a leading provider of innovative customs and warehouse management solutions in the Netherlands. With a team of ~20 experienced logistics and technical professionals, LSP Solutions provides advanced software solutions for customers ranging from small businesses to multinational companies including Damco, GEODIS, JCL Logistics, Vos Logistics, Hitachi Vantara, and many other organisations and logistics services providers.

LSP is a part of ADS (Alliantie Douane Software), a group of Netherlands-based customs software companies working with customs authorities to develop solutions for regulatory changes.

For more information about LSP Solutions, visit http://lspsolutions.com

Media
Piers Shervington
T: +61-404-538-177
E: piers.shervington@wisetechglobal.com

Carnarvon Petroleum Limited (ASX:CVN) Corporate Presentation

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Carnarvon Petroleum Limited (ASX:CVN) (OTCMKTS:CVONF) provides the Company's latest Presentation.

Corporate snapshot

- High alpha leverage to oil sector

- Specialist explorer with a pipeline of projects

- Two projects progressing to commercialisation

2018 Focus

- Phoenix project

o April Phoenix South -3 well
oil & gas appraisal

o May Dorado -1 well
oil & gas exploration

- Buffalo project

o Buffalo-10 well planning
low risk oil field redevelopment

- Other projects

o Farm-out(s)
mature the project pipeline

To view the full presentation, please visit:
http://abnnewswire.net/lnk/NB281D77

Carnarvon Petroleum Limited
T: +61 8 9321 2665
F: +61 8 9321 8867
WWW: www.carnarvon.com.au
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