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- 04/05/18--22:51: INVESTORIUM Webcast: PlayUp ICO - PlayChip Global Fantasy Sports
- 04/08/18--16:31: EnviroSuite Limited (ASX:EVS) Quarterly Sales Update
- 04/08/18--16:37: Alt Resources Ltd (ASX:ARS) Bottle Creek Processing Hub Strategy
- 04/09/18--15:22: Alt Resources Ltd (ASX:ARS) Corporate Update April 2018
- 04/09/18--15:44: Byte Power Group Limited (ASX:BPG) Issue of Convertible Notes
- 04/09/18--16:11: MMJ PhytoTech Ltd (ASX:MMJ) Investment in Cannabis Access
- 04/09/18--16:41: Cervantes Corporation Limited (ASX:CVS) Capital Raising
- 04/09/18--16:57: Nanollose Ltd (ASX:NC6) Dr Wayne Best Appointed Executive Chairman
Australian lithium developer, Core Exploration Ltd (ASX:CXO) ("Core" or the "Company") is pleased to announce that new assay results received from RC and diamond core infill drilling continue to demonstrate the remarkable consistency of high-grade spodumene intersections at the Grants Deposit, within Core's 100% owned Finniss Lithium Project near Darwin in the NT.
- Multiple new high-grade lithium intersections from Grants Deposit include:
o 41.1m @ 1.77% Li2O from 71.3m in FRCD009
-- including 10m @ 2.29% Li2O
-- including 1m @ 3.03% Li2O
o 41.0m @ 1.59% Li2O from 115m in FRC124
-- including 7m @ 2.07% Li2O
o 13m @ 2.19 % Li2O from 103m & 26m @ 1.56% Li2O from 122m in FMRD006
-- including 1m @ 3.35% Li2O
o 37m @ 1.57% Li2O from 114m in FRC121
-- including 5m @ 2.19% Li2O
- This RC and diamond drilling reaffirms the excellent high-grade continuity and thickness of the spodumene mineralisation at Grants Lithium Deposit, near Darwin in the NT
- Detailed analysis of drill core shows narrow intervals of very high grade, up to 3.35% Li2O, consistent with visual estimates
- All assay results from the 2018 infill drilling programme at Grants are now being processed as part of a revised Mineral Resource, expected to culminate in a significant boost to the Indicated Resource category at Grants
- Grants Lithium Project Pre-Feasibility Study (PFS) to be completed shortly after Grants Resource update
- 2018 exploration and resource expansion drill programs across several other high priority targets within the Finniss Project to commence in May, as dry season commences
Three multipurpose RC and diamond core rigs have been drilling at Grants since the start of February 2018 to upgrade the confidence level of the initial high-grade lithium Mineral Resource announced in 2017. This drilling programme has been highly successful, with 49 out of the 50 resource definition holes drilled since discovery being consistently mineralised with high grade spodumene from the eastern wall to western wall of the pegmatite orebody at Grants (see Figures 1 & 2, Table 1 in link below).
The presence of narrow, but very high-grade intervals, grading up to 3.35% Li2O, is also becoming apparent in the assays of drill core. These very high-grade zones reflect the concentration and large size of the spodumene crystals that are present in the Grants pegmatite, which should provide advantages for processing of the ore to concentrate.
The key objective of the recently completed infill drill program has been to convert the existing Mineral Resource to mostly Indicated and Measured level of confidence at Grants.
With the resource drilling completed and assay results received, evaluation of an updated Mineral Resource estimate has commenced. Core anticipates that these new drill results will substantially add to the proportion of the Mineral Resource in the Indicated and Measured categories at Grants, which will in turn enable calculation of the Mining Inventory in the PFS.
Subsequent to the Grants Resource update, Core will focus on estimation of a maiden Mineral Resource at the nearby BP33 prospect (only 5kms away from Grants), which is expected to be reported in the next few weeks. Resource growth to be delivered by BP33 will be an initial step along the strong resources growth profile expected to grow mine life from the broader Finniss Lithium Project.
The Pre-Feasibility Study (PFS) supporting the development of the Grants deposit is currently underway. Core is planning to complete the PFS shortly after the Mineral Resource studies are completed as soon as due consideration is given in the PFS evaluation and modelling.
Drill Results from Grants
Multiple new high-grade lithium intersections from Grants are summarized in Table 1 (see link below) and are highlighted by:
o 41.1m @ 1.77% Li2O from 71.3m in FRCD009
-- including 10m @ 2.29% Li2O from 72m
-- including 1m @ 3.03% Li2O from 79m
o 41.0m @ 1.59% Li2O from 115m in FRC124
-- including 7m @ 2.07% Li2O from 139m
o 13m @ 2.19 % Li2O from 103m & 26m @ 1.56% Li2O from 122m in FMRD006
-- including 1m @ 3.35% Li2O from 126m
o 37m @ 1.57% Li2O from 114m in FRC121
-- including 5m @ 2.19% Li2O from 144m
Photo 1 (see link below) shows an example of a high grade spodumene interval in drill core from Grants, where spodumene makes up of 40-50% by volume of the rock mass. The lithium mineralisation at Grants presents itself consistently as coarse-grained green/grey spodumene, with the pegmatite comprised of roughly equal proportions of spodumene, feldspar and quartz.
The remarkable consistency of grade and thickness of the pegmatite is positive for mining and processing of ore, which is reflected in the outstanding metallurgical results received to date from Grants (refer ASX announcement 30 March 2017).
Only one hole of the 50 resource definition holes drilled since discovery triggers the 3m at
The southern strike and plunge potential of the pegmatite remains untested at Grants (see Figure 1 in link below). The one hole that was drilled in that area (FRC109) failed to reach the target depth due to poor ground conditions and was abandoned at 103m. Consequently, Core is considering extending FRC044 to the test this zone. Core is also planning a number of exploration holes to test the down-dip potential at the southern end of Grants later in 2018.
The Company has undertaken a five-hole, HQ diameter core drilling program for metallurgical studies that will feed into Feasibility Study in 2018. Assays from these holes also form part of the Mineral Resource drilling reported here.
Geotechnical drilling and assessment is well-advanced now at Grants and will feed into detailed mine engineering and design to be included in the 2018 Feasibility Study.
Finniss Lithium Project Background
Core has established one of Australia's highest-grade lithium Mineral Resources at the Grants Deposit within the Finniss Lithium Project near Darwin Port, Australia's closest port to China.
Core has recently entered into a binding lithium Offtake Agreement and, a conditional US$20 million Pre-payment Agreement with one of China's largest lithium producers. It has also established an agreement (HOA) to export spodumene products from Darwin Port.
Core is progressing the regulatory and feasibility steps to drive the Grants Lithium Deposit through development and into production. In parallel, aggressive exploration and resource drilling programs are planned in 2018 to increase the project resource base to support long-life spodumene production from its large tenement holding located near grid power, gas and rail infrastructure and the skills and services of Darwin.
The capital city of Darwin also provides an ideal industrial, infrastructure and transport hub for potential downstream processing of lithium products as the EV and lithium battery industry continues to expand into the future.
To view tables and figures, please visit:
For further information please contact: Stephen Biggins Managing Director Core Exploration Ltd T: +61-8-7324-2987 E: email@example.com For Media and Broker queries: Andrew Rowell Cannings Purple T: +61-400-466-226 E: firstname.lastname@example.org
Mithril Resources Ltd (ASX:MTH) is pleased to advise that it has significantly expanded the size of its Kalgoorlie District nickel - prospective landholding to over 500km2 with the application for two new tenements (EL's 29/1042 and 1043 - see Figure 1 in link below).
- Mithril now has over 500km2 of 100%-owned nickel prospective ground along strike from previously mined high-grade nickel sulphide mineralisation at the Silver Swan and Scotia deposits
- Tenements contain prospective rock types and will be explored in conjunction with ongoing exploration at the Kurnalpi Nickel Cobalt Prospect
Together with Mithril's adjacent (granted) Lignum Dam Project tenements, the Company's tenure covers over 50 kilometres of prospective ultramafic rocks along strike from previously mined high-grade nickel sulphide mineralisation at the Silver Swan and Scotia nickel deposits.
The tenements remain relatively unexplored with the main historic activity being shallow RAB / aircore drilling on wide-spaced regional traverses.
This drilling identified several areas of elevated nickel confirming the presence of prospective rock types (i.e. ultramafic) that will require follow-up (see Figure 2 in link below).
Commenting on the announcement, Mithril's Managing Director Mr David Hutton said;
"Exploration on the expanded landholding will be undertaken in conjunction with ongoing work at the Kurnalpi Nickel-Cobalt Prospect where the Company has just confirmed the presence of nickel sulphides for the first time."
"With demand for nickel increasing, we are very pleased to have secured a large landholding covering poorly explored nickel-prospective rock types within a known nickel mineralised area and close to existing infrastructure".
Target generation activities have commenced and the Company looks forward to updating the market as new targets come to light.
To view figures, please visit:
Mithril Resources Ltd David Hutton Managing Director E: email@example.com T: +61-8-8132-8800 F: +61-8-8132-8899 www.mithrilresources.com.au
Harvest has started across the Riverina earlier than usual thanks to a great growing season with warmer than average temperatures. We are on track to achieve our forecast of a 600,000 tonne crop and from my early harvest experience I believe we can all expect excellent yields.
One of the important initiatives SunRice (National Stock Exchange:RGWB) offers to encourage rice production in the Riverina is GrowRice. GrowRice provides up to $1,000 per contracted hectare at a competitive interest rate prior to or during the growing season to assist with the purchase of water and other crop inputs, with repayments being deducted from your first harvest payment. I have been really pleased to hear how many growers make use of GrowRice and benefit from this initiative. A good example of this is former NRL footy star-turned rice grower Ryan McGoldrick and his wife Rosanna from Coleambally, who took advantage of SunRice's GrowRice funding facility to purchase water so they could plant their second ever crop of rice. In a time when many young people are swapping their rural lives for the city, it's wonderful Ryan and Rosanna can see a bright future in rice and the Riverina - read more about Ryan and Rosanna's story below. As we look beyond harvest and start planning for C19, I'd strongly encourage you all to look at GrowRice and see how it might assist your efforts to grow rice. For more details and eligibility criteria, visit http://www.abnnewswire.net/lnk/9TMAJ29D
These initiatives are strengthened by our focus on doing everything we can to deliver on the core objectives of our new five-year strategy: improving paddy prices and shareholder returns, as reinforced in CEO Rob Gordon's message below. As he explains, we're expecting a key driver of this to be the ability to market premium rice from the Riverina, to meet global consumers' increasing demand for quality, 'clean and green', healthy products.
As such, we're encouraging you to grow premium, high-value varietals such as medium grain, Low GI, Opus and Koshihikari.
Considering this, the Board was delighted to be able to announce last month a further $15 per tonne uplift to the lower end of the C17 paddy price range, with the estimated range for medium grain (Reiziq) now at $350 - $365/t. This represents an overall $50/t uplift on the initial estimated range of $300 - $320/t announced in August 2017. As communicated, the positive adjustment was made possible by a combination of factors, including: continued positive trading conditions; leveraging the recovery in world markets and prices; and premiumisation of branded products. The Board will again review the C17 range at the next Board meeting in April. Grower Services has also announced the interim first payment rates for C18. Once again this season, following the April Board meeting we will be quoting a range for estimated C18 pool returns with pool payments being set from the lower end of that range. Any changes to the interim payments will automatically flow through in future pool payments.
Grower Reference Group
We have held the first meeting of the newly formed Grower Reference Group, which we have established with the support of the RGA to help inform SunRice's thinking on key grower issues.
The Group is intended to broaden the range of views and feedback that SunRice gets from our growers, particularly given the limited proportion of growers that attend our regular meetings throughout the year. We want the Group to provide frank and robust face-to-face feedback and, as a result, we have chosen a diverse mix of members. Items for discussion may include Capital Restructure options, grower-related programs and processes such as PayRice and other issues arising. I consider the first meeting was a success, with all members purposefully contributing to discussions across a range of issues.
PayRice harvest payments
With the first harvest payment for C18 on the horizon, by now you should have received by email the new look delivery and payment documents from the Grower Services team. We are trying to reduce the amount of paper we are sending to you, while ensuring we provide clear and concise information. I have received my documents via email and am pleased with the format and layout. We have also sent you a short video to step through the new documents and to help you understand how you will be paid. This will cover our new standard payment terms and the PayRice facility. Please take the time to review this information which can be accessed via the Grower Portal and if you have any questions please do not hesitate to contact Grower Services on 1800 654 557.
It was great to see those of you who attended the Rice Industry Field Day in Yanco recently, where it was exciting to be part of the launch of the new short season variety, YRM70, now named Viand. On behalf of the SunRice Board, I would like to wish you all the best of luck with harvest.
To view photographs and charts, please visit:
Ricegrowers Ltd Phone: +61-2-9268-2000 Fax: +61-2-8916-8360 WWW: www.sunrice.com.au
PlayUp is not a concept, it is an existing global fantasy sports and licensed online betting platform enjoyed by over 400,000 users and on track to generate $200 Million in turnover this year, and we have just begun! PlayUp is set to disrupt and lead a new revolution in online gambling via the introduction of the PlayChip.
What is the PlayChip?
The PlayChip is an ERC20 token, which will provide a truly global, frictionless payment and reward system. The PlayChip, built on the Ethereum blockchain will decentralise our community, kickstart network effects, incentivise members and provide fast liquidity.
By transitioning to the PlayChip, we can immediately open up our platform to players from over 68 countries who are using our product on a daily basis and will provide them a system to realise the value of their wins. This will rapidly increase appeal, user demand and in turn increase the value of the PlayChip.
The PlayUp Ecosystem
PlayUp has implemented a business model based on "freemium" to "premium" transition. Free PlayChips are distributed to our users in a process we call activity based 'mining' i.e. the PlayChips we give to users are paid for by advertising on our free to play platform. This gives us the ability to build a huge global audience quickly as there is no barrier to entry. All users are given a free crypto enabled PlayChip wallet when they join and are incentivised to grow the network by referring friends and completing other activities that grow our user base, resulting in rapid growth and higher demand - all at a low cost to PlayUp.
As we build our sports loving community, PlayUp can transition them to our paid products such as our Licensed Fantasy Sports, Betting and Gaming platforms, in a frictionless way utilising the PlayChip wallet.
PlayChip Wallet (free)
- Free to all users
- Global coverage
- Frictionless usage within ecosystem
- Supports all major crypto deposits and withdrawals
- Added activity based 'mining'
- Frictionless transition from free to paid via PlayChip wallet and integrated marketing
- Active in multiple territories via existing licenses
- Global rollout with additional licenses (in progress)
- No barrier to entry
- Global coverage
- Free coins are awarded through activity based 'mining'
- Promoted by Influencers and Ambassadors (e.g. Brett Lee, Barry Hall and Wendell Sailor)
- Low cost user acquisition
PlayUp Bet & Casino (paid)
- Frictionless transition to other paid products via PlayChip wallet and integrated marketing
- Active in multiple territories via existing license *
- Global rollout with additional licenses (in progress)
Initial Coin Offering:
PRIVATE SEED: FEBRUARY (SOLD)
PUBLIC SEED: MARCH 2018 (AVAILABLE NOW)
PRE ICO: APRIL 2018
ICO: MAY 2018
LISTING: JUNE 2018
To download the PlayChip ICO Registration paper, please visit:
LIVE WEBCAST: Investorium is hosting and live streaming the Hot New Tech play. CRYPTOCURRENCY and BLOCKCHAIN integrated on Global Sports Gaming. Come along and learn first hand how ICOs and IPOs differ and get smart about how real businesses use the technology.
On Monday 16th April, 2018 at 5 PM, PlayUp.com CEO Daniel Simic will be presenting to a live audience of Investors at the Sydney Sky Tower. Simultaneously the presentation will be live webcast to a global audience.
- Introduction To Coin & Ecosystem
Simply a comparison between the building blocks of IPOs and ICOs. Tim Mckinnon, CEO of ABN Newswire, will address the common links between a typical IPO and typical ICO. Where they are the same, and where they differ.
- PlayUp with Daniel Simic - Global Sports Gaming ICO
Playup, a digital sports and fantasy gaming application with 400 thousand users around the world is migrating their playchip token to the blockchain. What does this mean? Instant Cryptocurrency liquidity!
Register for the Webcast Livestream here:
Investorium.tv T: +61-2-8205-7353 E: firstname.lastname@example.org F: +61-2-9225-9034 (Secure)
Speedcast International Limited (ASX:SDA) (FRA:7SC), the world's most trusted provider of remote communication and IT services, today announced that Clive Cuthell is joining the Speedcast executive leadership team as Chief Financial Officer (CFO), reporting to CEO Pierre-Jean Beylier; his commencement date is April 9, 2018.
Cuthell is a veteran finance leader with over 25 years of experience. His recent experience includes the global CFO role at Nuplex Industries, global company dual listed in New Zealand and Australia, and five years with the global cement major, Holcim. As Speedcast's CFO he will lead the group's finance activities, contribute to ongoing growth and ensure that robust financial disciplines & governance are maintained.
"Speedcast has continued to deliver tremendous growth over the past several years, through both organic growth and M&A activity. I am impressed with its ability to adapt and integrate while maintaining its drive to deliver the best managed services," said Cuthell. "The group's values for outstanding customer service and passion for excellence align with my own philosophy."
"Clive is a great addition to our executive team as Chief Financial Officer" said PJ Beylier, CEO, Speedcast. "He has been a finance leader for many years for large global corporations, and his experience with listed companies will be valuable. His expertise in M&A, integrations and change management will also be an important asset to Speedcast's team. With Clive, we have found an executive who has all the skills we were looking for and is a great fit with Speedcast's culture."
Toni Lee Rudnicki Vice President, Global Marketing Speedcast International Ltd ToniLee.Rudnicki@Speedcast.com +1-832-668-2634
Blackham Resources Limited (ASX:BLK) ("Blackham" or "the Company") is pleased to present an operational update for the March 2018 quarter at its 6.5Moz Matilda-Wiluna Gold Operation ("the Operation"). Access to high grade zones in the M4 and Galaxy pits was achieved late in the Dec'17 quarter, enabling record gold production for the March quarter of 20,631oz (Dec'17 Qtr: 14,923oz) with a record month of production in Mar'18 of 7,419oz.
- Operations continued to generate strong cash flows in March
- New record monthly gold production in Mar'18 of 7,419oz (Feb'18: 6,713oz), an 11% increase on last month
o 165kt milled for the month (Feb'18: 150kt)
o Mill feed grade improved to 1.6g/t (Feb'18: 1.5g/t)
- New record quarterly gold production of 20,631oz (Dec'17 Qtr: 14,922oz), a 38% increase on last quarter
o 477kt milled for the quarter (Dec'17 Qtr: 443kt)
o Mill feed grade improved to 1.5g/t (Dec'17 Qtr: 1.1g/t)
- All in sustaining costs ("AISC") reduced to A$1,092/oz for quarter (Dec'17 Qtr: A$1,882/oz), representing a 42% decrease on last quarter
- Average realised gold price of A$1,669/oz for the quarter
- Current gold forward sales contracts - 27,400oz @ A$1,724/oz over the next 9 months
- Cash and bullion of $29.2 million and secured debt of $40.0 million at 31 Mar'18
- Production guidance reconfirmed at 40-45koz @ A$1,100-1,200/oz AISC for this half
The March quarterly open pit mining stripping ratio was a low 2.5:1 (waste:ore) (Dec'17 Qtr: 10.2:1). The low stripping ratio and increased gold production resulted in Blackham achieving a record low AISC of A$1,092/oz for the quarter (Dec'17 Qtr: A$1,882/oz) with an average realised gold price during the quarter of A$1,669/oz. The Operation's high grade stockpiles total 127kt @ 1.5g/t Au, being lower than forecast in Jan'18 due to lower mining material movements.
The March quarter's production increased 38% from the previous quarter, primarily from gaining access to higher grade zones in the M4 and Galaxy pits which was achieved late in the Dec'17 quarter. During the Sep'17 and Dec'17 quarters 248,000t and 206,000t of low grade stockpiles where processed respectively at an average grade of 0.7g/t, significantly reducing mill feed grade for those quarters (see above Chart). During the March quarter throughput increased 8% on the prior quarter. Plant recoveries decreased slightly as deeper ore from the M4 pit was processed.
Blackham's Executive Chairman, Mr Milan Jerkovic, said:
"The March operational results demonstrate a continuation of the step change in project economics that commenced in December 2017. Record production and significantly reduced costs underpinned a quarter of strong operational cashflows, whilst building stockpiles. We remain confident that 2018 will be a transformational year that will generate significant operating cash flows and value for Blackham and its shareholders."
To view tables and figures, please visit:
Milan Jerkovic Executive Chairman T: +61-8-9322-6418 Bryan Dixon Managing Director T: +61-8-9322-6418 Jim Malone Investor Relations T: +61-419-537-714 John Gardner Media Relations Citadel Magnus T: +61-8-6160-4900
EnviroSuite Limited (ASX:EVS) announce the Quarterly sales update with the following Quarter highlights.
- Accelerating sales run rate - Reflecting a growing pipeline and sales team
- Successful integration of Odotech - Canadian and Chilean operations have been fully transitioned into Envirosuite
- Platform migration completed on time - The Odotech platform solution (Odowatch) is now integrated into the Envirosuite platform to create a new world-leading offering combining the best features of each solution
- New market opportunities identified in the Middle East and Latin America
New Envirosuite contracts signed:
Client Sector Location ------------------------------------------ Thames Water Camberley Wastewater UK WA Port Authority Ports Western Australia Organic Waste facility Composting NZ Goldcorp Mining Mexico Fort Worth Wastewater Texas, USA Morris Forman Wastewater Kentucky, USA Major Regulator Regulatory USA SCAQMD Regulatory California, USA Middle East Govt (trial)Regulatory Middle East
As well as the new project wins listed above, the following clients have re-committed to the Odowatch platform since Envirosuite acquired Odotech Inc in December. This is the first step in the migration of these clients to the
Client Location ----------------------------- City of Ottawa Ontario, Canada City of Montreal Quebec, Canada Cedar Grove, Ontario Ontario, Canada Metro Vancouver British Columbia, Canada City of Edmonton Alberta, Canada Envirosolutions Kentucky, USA Trinity River Association Texas, USA Hinton Pulp Alberta, Canada Rhode Island New York, USA
Note from the CEO
The March quarter has been transformational with the consolidation of operations across the group. This has involved the engagement of new sales people in our target growth markets with strong B2B software sales backgrounds, as well as the integration of the ex-Odotech offices in Canada and Chile. We have integrated a new automated marketing system (Pardot) with our customer relationship system (Sales Force) empowering our sales people to run their own targeted marketing campaigns. This has already shown early success in generating new sales leads at a faster pace than previously possible. The sales pipeline continues to grow and we're now starting to see this translate to an increase in the rate of sales completions.
From a sales and marketing perspective, the Company has never been as well positioned as it is now. We have a proven, leading edge technology platform, and during the quarter we completed the establishment of sales teams in our three target markets (Europe and Middle East, the Americas, Asia Pacific). It is expected that it will take another quarter for our new sales people to gain proper traction, however we are already seeing positive signals in our sales momentum.
Odotech clients have responded very positively to Envirosuite as they recognise the superior functionality of the Envirosuite platform. We have completed the integration of the platforms, resulting in a newly released Envirosuite incorporating the best features of each solution - Odowatch and Envirosuite.
There are approximately 60-70 existing clients on the legacy Odowatch platform and we intend to migrate the majority of these to Envirosuite over the course of the calendar year. We will continue to produce the Odotech specialised equipment (an e-nose, or "electronic nose"), as this has already proven a strong marketing channel for Envirosuite sales.
During the quarter new markets have been identified in the Middle East and in Latin America. through Odotech's involvement in three different opportunities in the Middle East. These opportunities contemplate larger integration projects that would have the Envirosuite platform at their core. As noted in the selected contract wins below, we have already secured a trial in the Middle East for a city-wide environmental platform that is expected to run through until August 2018.
Through our new office in Santiago we intend to launch sales campaigns focused on the Mining, Wastewater, and Agriculture sectors in the Latin American market to capitalise on the signature clients (such as the Cerrejon mine, Columbia) and growing interest in Envirosuite that provides a compelling launch case into this region.
Research and Development
Although market-ready and well ahead of direct competitors we continue to evolve the Envirosuite platform and we are pleased to advise that we have been selected to participate in a research project with United Utilities in the UK. This project has the potential to extend Envirosuite's functionality into reporting on and helping to manage the effect of corrosive pollution in the wastewater facilities, which is one of the major facility expenses for operators globally.
Selected contract wins this quarter
Ground-breaking project with federal government in USA
A federal government agency in the USA has signed on to Envirosuite for a ground-breaking new regional-scale project. This project is in an industrial area that faces challenges related to the control of ozone and exposure of local communities to various pollutants. Within the area there is a concentration of large industrial facilities, each of which is a potential Envirosuite client.
This federal agency is looking to develop new sensor and modelling approaches that can assist facilities in detecting and mitigating fugitive air pollution sources from the group of facilities in the area.
Fort Worth City Municipal Wastewater Plant, Texas
This major city in Texas has selected Envirosuite to monitor odour emanating from its wastewater treatment plant and manage the impact on the surrounding community.
This will be the first facility where the Envirosuite platform is to be integrated with the Odotech e-nose equipment. This system will act as the forerunner for the many Odotech client sites that are targeted for a migration to the Envirosuite platform.
This leading producer of gold in México operates one of the biggest open pits in the country. Our partner BlacktoGreen proposed the Envirosuite solution to the mine to assist in assessing potential dust impacts from their operation and allow their operational team to evaluate and manage risks in advance.
South Coast AQMD
The air quality management district for Los Angeles has signed a new contract in addition to their existing subscriptions to allow for continuous monitoring of their regulatory network. The solution will enable a new level of monitoring, analysis, investigation and reporting to deliver improved air quality outcomes for people in the South Coast Air basin.
Europe and the Middle East
Third Site at Thames Water
In addition to the two existing sites, a third Thames Water site has implemented Envirosuite. The site has experienced ongoing complaints relating to odour that they cannot seem to correlate with operational activities. The site operator has been spending significant time and money attempting to validate whether these complaints are legitimate.
Envirosuite will assist the site with identifying the source of these complaints and managing the associated workflow. The solution enables real-time data visualisation of the site's environmental impact and models the influence of forecast weather conditions around their operational thresholds.
Middle Eastern Government
A Middle Eastern government, having been impressed with the Envirosuite software platform, has requested a trial that will last for the four hottest months from May to August, to allow for testing of the monitoring hardware in extreme environmental conditions. It covers city-wide monitoring of air quality and odours, and investigation of complaints and pollution levels that exceed defined thresholds.
Western Australian Port Authority
A port authority in Western Australia has signed on to Envirosuite to enable it to stay within its environmental licence requirements through keeping up-to-the-minute data on operational status and performance, as well as supporting its regulatory reporting requirements.
Envirosuite will also assist with a system to manage the port's interaction with the community that will allow the client to generate a backwards trajectory model for a past time period. Using on-site weather data, this solution generates a model to identify the source of a complaint immediately, and this data is used for investigation as well as historical and reporting purposes.
New Zealand's main provider of organic waste
Similarly, a major provider of organic waste processing services in New Zealand has recently signed on to enable source identification to assist in proactively engaging with their community stakeholders. Envirosuite has been integrated with the client's database to enable the recording of complaints, the likely causes and the actions taken to address the issue.
Robin Ormerod Managing Director Envirosuite Operations T: +61-7-3004-6400
The Board of Directors of Alt Resources Limited (ASX:ARS) ('Alt' or 'the Company') is pleased to provide shareholders with an overview of strategic planning for the future development of the Bottle Creek Project as a Mining Hub for the Mt Ida gold belt. The Bottle Creek Project is located 95 kilometres north-west of Menzies in South Central WA.
As part of strategic planning for the development of the Bottle Creek Mining Hub Project, Alt has had an initial meeting with GR Engineering Services. GR Engineering is a leading engineering contractor specialising in providing process engineering design and construction solutions in mineral processing.
The Company is planning to fast track Bottle Creek to a Pre Feasibility Study (PFS) at the completion of the current resource drilling and validation of the historical Bottle Creek results. These activities will bring the project into JORC 2012 compliance. The current RC drilling underway at Bottle Creek is well ahead of schedule with significant results being announced to the market over the past 3 weeks.
Diamond coring is scheduled to commence early May 2018 with DDH1 Drilling confirmed to be onsite by 7 May. Initial coring will be undertaken across the Emu and Southwark mineralised zones, twinning key RC holes to undertake new metallurgical studies and completing geotechnical holes for pit design.
Alt is in an unusual position with regard to fast tracking to the PFS stage as we have in hand all the historical data from the entire previous exploration and operational mining cycle. This encompasses all the Post Mine Assessments, including but not limited to;
1. Pre-Feasibility Studies
2. Original Metallurgical Studies
3. Geotechnical Studies
4. Operational Reports
5. Comprehensive Final Feasibility Study
6. Post Mine Assessment Reports - including Operational Mining Reports:
- Plant Design
- Crusher and Ore Conveying
- Milling and Thickening
- CIP Circuit and In Situ Leaching
- Tailings and Disposal
- Carbon Strip Plant
- Gold Room and Laboratory
- Power Station
- Stores and Purchasing
- Engineering and Equipment
- Staff, Training and Administration
- Review of Design Procedures, Costs and Flow Sheet
- Feasibility Conclusions
We consider the existing historical records to be very important assets. They have the potential to provide significant cost savings to Alt as we move forward with the planning and development stages of the Bottle Creek Operation and surrounding areas.
The available data provides the Company a clear pathway to designing and costing the production facility for the Bottle Creek Mining Hub Project whilst also clearly identifying the historical and operational problems encountered by the previous miner.
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 the mining cycle. Ore was treated onsite in a CIP Circuit, producing 93,000 oz Au over an 18-month period from 1988-1989 from two open pits; Boags and VB. The Emu and Southwark ore zones remain unmined and are the current focus of the Company's RC drilling programs, which will be completed by the end of April 2018.
James Anderson Chief Executive Officer James.email@example.com Peter Taylor Investor Relations Peter@nwrcommunications.com.au T: 0412 036 231
Nanollose Limited (ASX:NC6) (NC6 or the Company) is pleased to announce that the Company has signed a non-binding Memorandum of Understanding (MoU) with Indonesian food producer, PT Supra Natami Utama (PT SNU), a subsidiary of PT Niramas Utama, to develop a commercial scale factory and supply chain solution to produce textile grade microbial cellulose on an industrial scale.
- Nanollose enters into a non-binding MOU with Indonesian counterparty, a foundational step as the Company commences on the promise of securing large quantities of microbial cellulose, which can then be transformed into fibres for industry
- Key Indonesian partner / supplier to assist in pioneering a feedstock supply chain
- Nanollose moves towards being able to facilitate supply for its technology
PT Supra Natami Utama is one of Indonesia's largest and most established producers of coconut food, beverages and cosmetic products and has multiple facilities across Indonesia with access to significant quantities of coconut by-products and waste streams.
Through this partnership, Nanollose intends to access these waste streams for use in the production of textile grade microbial cellulose on an industrial scale, which can then be transformed by using Nanollose technology into fibres.
Under the terms of the non-binding MOU both parties intend to collaborate to develop a roadmap, which focuses on two key areas;
1. Development of a commercial scale facility ("Commercial Scale Facility")
Nanollose and PT SNU intend to investigate possible avenues to develop a new facility to produce industrial grade microbial cellulose from a variety of coconut by-products. The purpose of this facility will be to supply sufficient quantities of microbial cellulose for Nanollose's future textile and clothing partners. These partners can then apply the Nanollose technology to convert microbial cellulose into valuable fibre products at scale.
2. Development of a supply chain for commercial quantities of microbial cellulose derived from waste products ("Waste Product Supply Chain Project")
Nanollose and PT SNU intend to explore, unlock and develop other sources of liquid organic waste (including beer, wine, sugar and other fermentable liquids) as a feedstock to an additional microbial cellulose raw material stream within the same commercial facility with the ultimate objective being the production of microbial cellulose at a competitive market price.
Nanollose will retain all intellectual property relating to methods of producing microbial cellulose developed pursuant to the activities undertaken in accordance with the non-binding MOU and in any commercially binding agreement arising from the non-binding MOU however, PT SNU will be granted a royalty-free exclusive licence to use the intellectual property for projects undertaken by Nanollose and PT SNU in Indonesia.
Initially, the focus of this collaboration will be the exchange of information and ideas relating to new industrial concepts and methods of developing microbial cellulose for industrial applications.
Nanollose will assist in developing initial costings and investment proposals to build the Commercial Scale Facility, as well as cost simulations to produce microbial cellulose on an industrial scale.
If this initial collaboration is successful, both parties will take steps to agree the terms of a formal partnership which will clearly define each party's respective contributions in the projects contemplated by the non-binding MOU. The parties will then look to negotiate and enter into legally binding agreements for the development, ownership and operation of the Commercial Scale Facility and the Waste Product Supply Chain Project.
Nanollose Managing Director Alfie Germano said: "With ever growing interest in Nanollose's fibre technology, this non-binding MoU is a foundational first step in solidifying readily available feedstocks that accelerate a development pathway to provide sustainable and greener textile fibre samples to the industry".
Alfie Germano CEO & Managing Director Email: firstname.lastname@example.org Phone: 0411 244 477 Michael Wills Media and Investor Relations Email: email@example.com Phone: 0468 385 208
Brand Protection and Consumer Connection solutions company YPB Group Ltd (ASX:YPB) wishes to keep shareholders abreast of its strategies in ANZ and the direction of its product development.
- A series of whitepapers will highlight key technologies critical to Asian market access and protection of brands and their consumers
- Marketing effort to be supported by increased sales staff
An intensified marketing push in ANZ launches today with the release of the first of three white papers that discuss the importance of certain consumer access and anti-counterfeit technologies to export success into Asian markets. This whitepaper series, outlined below and available on our website, will be accompanied by new sales staff in ANZ (funded by cost re-allocations) and new routes to market such as the recently announced partnership with Australian Made.
The first whitepaper covers QR codes. QR codes have become the drivers of e-commerce in China and increasingly the rest of Asia. They are a cost effective and convenient means for brands to directly communicate with and sell to consumers. Brands exporting to Asia but not employing QR codes are severely and unnecessarily handicapped. QR codes are now effectively mandatory in Asian markets.
YPB CONNECT software generates QR codes and facilitates direct connection with consumers through its marketing and data analysis capabilities. While QR codes are excellent portals to the consumer, they are highly vulnerable to being faked. Consequently, they need Anti-Counterfeit protection. YPB offers a number of layers of protection in its PROTECTcode QR range and associated technologies. The level of protection in the PROTECTcode range will increase in the next few months with further product releases.
The second paper will be on serialisation. Serialisation is simply item-specific unique identification with each item of production having its own serial number. Serialisation supports complete visibility through the supply chain, facilitating immediate identification of problem products and product recall. It also adds another layer of anti-counterfeit protection. Its use will grow strongly over the next decade and will be mandated in some industries as is occurring in pharmaceuticals. QR codes are the ideal means of practically implementing serialisation but most commercial QR codes simply hold a web address. YPB CONNECT and the AliHealth platform now being sold by YPB in China both have strong serialisation capabilities. The power of serialisation as an Anti-Counterfeit tool is magnified when the consumer can confirm the authenticity of a serial number and when the level of trust in the serial number database is high. That will be best achieved via a distributed, immutable record.
The third paper will cover blockchain technology. Blockchain is simply a distributed, in contrast to a centralised, database. It can't be hacked, copied, altered, destroyed or faked. Blockchain will become an increasingly important tool in demonstrating provenance, supply chain security and product authenticity via the credibility of database integrity.
The opportunities for YPB in ANZ are significant and growing rapidly. Exporters chasing the Asian prize need protection from fakes and connection to remote and almost invisible customers. We have refined our marketing and selling strategies and increased our sales firepower. Our technologies are in the sweet spot of solutions needed to safely and effectively export to Asia and product releases over coming months will advance our prospects of supporting the growth of ANZ exports to Asia.
For a full copy of the whitepaper please see:
Mr. John Houston Executive Chairman YPB Group Limited T: +61-458-701-088 E: firstname.lastname@example.org Mr. Gerard Eakin Director YPB Group Limited T: +61-427-011-596 E: email@example.com W: www.ypbsystems.com
Alt Resources Ltd (ASX:ARS) provides the Company's latest Presentation on Corporate Update, April 2018.
ASX-listed gold and base metals explorer
Tight capital structure - market cap including restricted securities ~ $7.9 M
- Bottle Creek Gold Project - Option to Buy 100%
- Mt Ida South and Quinn's - Alt 100%
- Paupong gold and base metal project, Lachlan - Orogen NSW (Alt owns 70% with option to take to 100%)
- Mt Roberts gold project, Leinster Alt 51% E 36/843 Leinster 100% Alt
- Myalla massive sulphide project, NSW (Alt owns 70% with option to take to 100%)
MULTIPLE HIGH POTENTIAL PROJECTS
Rapidly Developing Operations - Western Australia and NSW
- Under-explored Mt Ida South Gold Belt
- Paupong IRG system - Lachlan Orogen
- Myalla Gold and Base Metals Project
- Undervalued Assets - Low Market Capitalisation
- Very Low Corporate Overheads
- Key strategic partnerships - DDH1 Drilling, Challenge and Strike Drilling
VISION - DEVELOP MT IDA GOLD BELT PRODUCTION HUB
To expand existing JORC resources and make new discoveries in the Mt Ida Gold Belt using modern exploration techniques and to establish a central gold production hub at the Bottle Creek mine site. Processing ore from multiple open pit mining operations to be located at Bottle Creek, Mt Ida South and Quinn's projects.
To view the full Presentation, please visit:
James Anderson Alt Resources Ltd E: firstname.lastname@example.org T: 1300 66 0001
Sayona Mining Limited (ASX:SYA) (OTCMKTS:DMNXF) ("Sayona" or the "Company") is pleased to announce the assay results from the Phase 3 drilling program at the Authier lithium project, Quebec.
- High-grade spodumene mineralisation intersected at mid and deep levels in the Authier pegmatite
- New drilling expands high-grade zones of spodumene mineralisation, including 25 metres @ 1.48% Li2O
- Drilling program has demonstrated the potential to expand the size of the JORC Resource and Ore Reserve. The Ore Reserve will be upgraded as part of the Definitive Feasibility Study
A number of diamond drill holes have intercepted high-grade spodumene mineralisation with best drilling intercepts, including:
- Hole 18-09 - 25 metres @ 1.48 % Li2O from 79 metres including, 6 metres @ 1.77 % Li2O from 80 metres and 6 metres @ 1.78 % Li2O from 94 metres;
- Hole 18-10 - 6 metres @ 1.26 % Li2O from 97.4 metres including, 4 metres @ 1.52 % Li2O from 98.4 metres;
- Hole 18-16 - 37 metres @ 1.03 % Li2O from 255 metres including, 11 m @ 1.24 % Li2O from 266 metres and 3 metres @ 1.67 % Li2O from 281 metres; and
- Hole 18-17 - 33 metres @ 1.18 % Li2O from 160 metres including, 10 metres @ 1.25% Li2O from 166 metres and 3 metres @ 1.75 % Li2O from 190 metres.
Drilling has successfully demonstrated depth extensions of the mineralisation at the main Authier pegmatite. Infill drilling successfully targeted areas of low drilling density with the objective of upgrading the resource categories. A number of holes testing the eastern extensions of the main Authier pegmatite at shallow levels were stopped due to the presence of a fault zone but warrant further testing in a future drilling program.
A potential third deep pegmatite dyke was intercepted at a depth of 300 metres and returned low grade mineralisation due the replacement of spodumene by phengite. Further drilling will be required to test the potential of this system, especially at shallower levels.
Drilling has successfully extended the mineralisation at the Authier North pegmatite from 300 metres to 500 metres in strike length, and at depth. The system remains open in all directions.
The Company believes the new drilling has the potential to expand the size of the existing Mineral Resource and Ore Reserve, and the mineralisation remains open in all directions.
Phase 3 Diamond Drilling Program
The Phase 3 diamond drilling program at Authier has been completed including 19 NQ diameter holes for 2,170 metres and meeting the objectives of the program, including:
- Converting the Inferred Mineral Resources to Measured and Indicated, and upgrading Ore Reserves for the Definitive Feasibility Study which is underway;
- Exploring for extensions to the existing mineral resources and other potential mineralisation within the tenement package; and
- Collecting geotechnical data for incorporation into the Authier Feasibility Study and five tonnes of core for pilot metallurgical testing.
The lithium mineralisation at the Authier project is related to multiple pulses of spodumene bearing quartz-feldspar pegmatite. Higher lithium grades are related with high concentrations of mid to coarse spodumene crystals (up to 4 cm long axis) in a mid to coarse grained pegmatite facies.
Summary of the Drilling Program
Main Authier Pegmatite
The following summarises the key outcomes of the drilling program:
- Holes 18-01 and 18-02 were stopped before hitting the target due to a fault zone;
- Holes 18-03, 18-04, 18-05, 18-06 and 18-07 tested the eastern extension of the main Authier pegmatite at shallow levels, intercepting narrow zones of weak lithium mineralisation;
- Holes 18-08 and 18-09 (see Fig. 4 in link below) filled the gaps within the East zone of the main Authier pegmatite resource from 40 to 70 metres vertical depth. Hole 18-09 - 25 metres @ 1.48 % Li2O from 79 metres including, 6 metres @ 1.77 % Li2O from 80 metres and 6 metres @ 1.78 % Li2O from 94 metres;
- Hole 18-10 intercepted a narrow lithium mineralised zone that filled the gap of the main Authier pegmatite Resource in the Central Part including 6 metres @ 1.26 % Li2O from 97.4 metres including, 4 metres @ 1.52 % Li2O from 98.4 metres;
- Hole 18-12, drilled within a NNE fault zone intercepted narrow and weak lithium anomalies in the west zone;
- Hole 18-16, at the deep west zone of the main Authier pegmatite, intercepted a wide deep extension of the pegmatite at a vertical depth of 235 metres to 270 metres, 75 metres step back of hole 16-15 (20 metres @ 1.32 5 Li2O from 242 metres, see ASX release of Nov 16, 2016) and Figure 2 (see link below). A potential third pegmatite dyke was intercepted at a vertical depth of 300 metres, 25 metres downhole width, which returned no significant spodumene mineralisation due the replacement of spodumene by phengite. Additionally, hole 18-16 intercepted the north pegmatite with lithium mineralisation at shallow levels; and
- Hole 18-17, an infill hole at the East zone of the main Authier pegmatite intercepted a wide mineralised pegmatite zone of 33 metres @ 1.18 % Li2O from 160 metres including, 10 metres @ 1.25% Li2O from 166 metres and 3 metres @ 1.75 % Li2O from 190 metres (See Figure 3 in link below).
The Company believes the Main Authier pegmatite is still open in all directions. The geometry of the mineralised pegmatite at shallow levels in both, east and west extensions, seems affected by post-mineral faulting, and further drilling should be conducted at midto- deep levels to test the along strike extension of the main pegmatite. The deep extensions of the main pegmatite are demonstrating excellent grades and widths.
Authier North Pegmatite
Holes 18-13, 18-14 and 18-16 successfully extended the mineralisation from 250 to 500 metres in strike extension. Holes 18-13, 18-18 and 18-19 were infill holes. The North pegmatite is narrow, gently dipping to the north, and is still open along strike.
A new JORC Resource incorporating all the new assay results is being prepared and will be incorporated into the Definitive Feasibility Study which is underway.
To view Drill Holes and Assay Results and figures, please visit:
Corey Nolan Chief Executive Officer Phone: +61-7-3369-7058 Email: email@example.com www.sayonamining.com.au
Intermin Resources Limited (ASX:IRC) ("Intermin" or the "Company") provides the following joint venture (JV) update from Intermin's 100% owned JV project areas in Western Australia and Queensland (see Figures 1 and 2 in link below). In total, the JV project areas cover over 2,000km2 of prospective tenure and hosts mineralisation including gold, vanadium, molybdenum, copper, nickel, Platinum Group Elements (PGEs) and zinc. Joint venture partners can earn up to 65% - 75% after satisfying expenditure commitments of over A$20 million through to 2021 (see Note 1, 2 below).
- Joint ventures in place covering 100% owned tenure in Western Australia and Queensland in multiple commodities including gold, vanadium, molybdenum, nickel, copper, cobalt, PGE's and zinc (see Note 1 below)
- Eastern Goldfields (ASX:EGS) commences exploration drilling as part of the Menzies - Goongarrie Gold JV with results expected in the September Quarter 2018
- Evolution Mining (ASX:EVN) withdraws from the Binduli Gold JV with 100% ownership reverting to Intermin and drilling commencing in the current June Quarter 2018
- Mithril Resources (ASX:MTH) continues exploration at the Nanadie Well JV with current focus on copper at Nanadie Well and Stark, zinc at Sandman and gold at Kombi
- Saracen Mineral Holdings (ASX:SAR) preparing to commence drilling at the Lehman's Gold JV with Intermin retaining a 10% free carried interest to a decision to mine
- Intermin holds a A$0.50/t gold royalty over Norton Gold Fields Janet Ivy gold mine with expected cash inflow in 2018 of A$600,000 - A$700,000 (see Note 2 below)
- AXF Vanadium Pty Ltd formally commits to expend the second stage expenditure on the Richmond vanadium JV of A$5 million by March 2021
- Metallurgical testwork underway in China with initial results on Richmond vanadium ore pre-concentration expected in the current June Quarter 2018
- Intermin retains an interest in all projects on satisfaction of earn-in terms providing shareholders with leverage to multi commodities across several regions
Commenting on the joint venture activity, Intermin Managing Director Mr Jon Price said:
"Intermin's strategy of entering into joint ventures with well-credentialed partners for its non-core projects allows it to focus on its strategy of building a mid-tier gold business in the West Australian goldfields while giving shareholders exposure to active programs across a range of commodities."
"The earn-in JVs enable the Company to focus on resource growth, new gold discoveries and building a sustainable gold production profile without the distraction or cost associated with the management and development of JV project areas."
"We will continue to work with our JV partners on creating value in the coming years and participating in the successful commercial development as these projects advance."
Richmond vanadium project JV (AXF Resources) (see Note 3 below)
Intermin owns 100% in five Mineral Exploration Permits (EPM25163, EPM25164, EPM25258, EPM26425 and EPM26426) covering 481 Blocks near Richmond and 100% of the metal rights to Global Oil Shale Plc's Julia Creek (Burwood) MDL 522 (see Figure 3 in link below). The current Mineral Resource for Richmond is 2,579Mt grading 0.32% V2O5 at a 0.29% cut-off grade (see Note 3 below).
As announced to the ASX on 19 September 2017, Intermin completed a formal Joint Venture agreement with AXF over the Richmond project. AXF brings considerable technical expertise to the project and has extensive business relationships throughout Southeast Asia.
Details of the agreement between the parties include:
- An earn-in Joint Venture whereby AXF can earn 25% of the project area by spending A$1m within a one year period and maintaining the project in good standing
- AXF to solely contribute to further expenditure of A$5m on the projects to earn a further 50% over a three year period, inclusive of the completion of a Feasibility Study on part or all of the project area
- During the sole funding period, AXF will manage the exploration program and tenure with direction from the JV committee comprising representatives from both parties
- Upon AXF satisfying the earn-in terms, each party will contribute to ongoing expenditure in accordance with its respective percentages
AXF has now formally committed to the stage 2 expenditure commitment of A$5m over three years to March 2021 inclusive of a Feasibility Study on commercial production. Metallurgical testwork is underway at two leading Chinese research institutes to assess optimal pre-concentration steps and downstream processing options. Initial results on pre-concentration of the ore are expected in the current June Quarter. Infill drilling of the high grade Lilyvale prospect is planned for the September Quarter 2018 with the aim of upgrading the Resource to the Measured and Indicated Categories. Initial discussions will also commence with potential offtake partners and local, state and national stakeholders.
Binduli project JV (Evolution Mining) (see Note 4 below)
In April 2015, Intermin and its 100% owned subsidiary Black Mountain Gold Limited ("BMG") entered into a farm-in and JV agreement with La Mancha Australia Pty Ltd which was subsequently acquired by Evolution Mining Limited (ASX:EVN) ("Evolution") (refer Evolution ASX announcement dated 20 April 2015). Under the terms of the agreement, Evolution had the right to earn up to 70% of the Binduli Gold Project near Kalgoorlie in Western Australia by spending $4.6m over five years.
Evolution has completed a 3,597m aircore program to the south of the Teal project area and a 4,006m reverse circulation program in the Coot, Crake and Honey Eater prospect areas. The results from the December program have not yet been announced by Evolution, however they were only recently presented to Intermin in late March. Some minor mineralisation was discovered with several drill holes recording low tenor, but anomalous mineralisation.
On 14 March 2018, Evolution provided notice of its intention to withdraw from the joint venture. As such, the project area now reverts back to Intermin on a 100% basis. Intermin will now review all the latest information and commence drilling in the current June Quarter 2018 with an initial 5,000m program planned at Coot, Crake, Darter and Honey Eater (see Figure 4 in link below).
Menzies - Goongarrie JV (Eastern Goldfields) (see Note 5 below)
Intermin executed a binding Heads of Agreement ("HoA") with Eastern Goldfields Limited (ASX:EGS) ("EGS") to form a JV covering Intermin's projects in the Menzies and Goongarrie region (see Figure 5 in link below) which was formalised in June 2017.
Details of the Agreement between the parties include:
- An earn in JV whereby EGS can earn 25% of the project areas by spending A$2m within a two year period and a further 25% by spending A$2m over the following two year period
- EGS to solely contribute to further expenditure of $1.5m on the projects inclusive of a Bankable Feasibility Study to support a mill installation in the Mt Ida / Menzies region to earn a further 15%
- During the sole funding period, EGS will manage the exploration program and tenure with direction from the JV committee comprising representatives from both parties
- Upon EGS satisfying the earn in terms, each party will contribute to ongoing expenditure in accordance with their respective percentages
Exploration drilling has now commenced in the Menzies region with EGS mobilising a multi-purpose rig for diamond tail drilling at the Lady Irene prospect and the historic Yunndaga mine. Drilling results from both programs are expected in the September Quarter 2018.
Nanadie Well JV (Mithril Resources) (see Note 4 below)
In December 2013, Intermin entered into a farm-in and joint venture agreement with Mithril Resources (ASX:MTH) covering the Intermin's projects in the Murchison mineral field south east of Meekatharra (see Figure 6 in link below).
A number of revisions to the Agreement have been approved by both parties and include:
- An earn in JV whereby Mithril can earn 60% by spending A$2m by December 2019 and maintaining the project in good standing
- Mithril to solely contribute to further expenditure of $2m on the projects to earn a further 15% over a two year period
- During the sole funding period, Mithril will manage the exploration program and tenure
- Upon Mithril satisfying the earn in terms, each party will contribute to ongoing expenditure in accordance with their respective percentages
Given the prospectivity for multiple commodities in the region, Mithril is now focussed on further exploration work at the Nanadie Well Copper Deposit and the adjacent Stark Copper Nickel Prospect. Mithril is currently reviewing both localities with a view to potentially carrying out further drilling in June or September 2018 Quarters.
Lehmans JV (Saracen Mineral Holdings) (see Note 4 below)
The Lehmans Gold JV covers over 20km of strike of the Yandal greenstone belt immediately adjacent to the Thunderbox Gold Mine owned by Saracen Mineral Holdings Limited (ASX:SAR) ("Saracen"). The project is located approximately 45km south of Leinster in Western Australia and the tenements currently consist of 14 Mining Leases and two Prospecting Licences (see Figure 1 in link below).
Intermin retains a 10% interest and is free carried to a decision to mine.
Saracen has recently completed a small pre-feasibility drill program on the Lehmans Gold JV and is planning further exploration drilling in the project area in the June and September Quarters 2018.
Janet Ivy gold royalty (Norton Gold Fields) (see Note 6 below)
Intermin owns a $0.50/t mining royalty that relates to ore mined and treated from Mining Lease M26/446 located approximately 10km west of Kalgoorlie-Boulder in Western Australia (see Figure 1 in link below). The Company entered into a Deed for the sale of M26/446 in 2001 and it is now owned by Norton Gold Fields Ltd ("NGF") which was delisted from the ASX on 1 July 2015.
As part of the sale, Intermin was prepaid $1,380,000 of the royalty as part of the acquisition cost, equivalent to a mining and treatment tonnage of 2.76Mt. Mining has been conducted on a semi-continuous basis at the Janet Ivy deposit which is the largest of known deposits on M26/466 since 2009.
Mill factored reconciliation at the end of December 2017 was 2,904,394t treated at the Paddington mill of which 144,394t was subject to mining royalty payments of A$72,000 which have been received.
Ore treated from the tenement at the Paddington mill in the March Quarter was 425,000t and is subject to royalty payments of $212,500. Intermin anticipates further royalty payments on a quarterly basis for material scheduled by NGF to be treated.
To view details on published JORC Compliant Resource and Reserve Estimates including a Competent Persons Statement for Table 1 (see link below), refer to NGF's Resource and Reserve Update December 2014 (NGF- ASX announcement dated 3 February 2015). The most recent JORC Compliant Mineral Resource Estimate for the Janet Ivy Deposit was released to the ASX by Norton while the entity was listed on 3 February 2015 (see Table 1 in link below).
1 As announced to the ASX on 30 January 2018
2 See Forward Looking and Cautionary statement on Pages 3 and 4
3 As announced to the ASX on 20 March 2018
4 As announced to the ASX on 30 January 2018
5 As announced to the ASX on 30 January 2018 and by EGS on 27 March 2018
6 As announced to the ASX on 30 January 2018, see also Forward Looking Statements on Page 9
To view tables and figures, please visit:
Jon Price Managing Director Tel: +61-8-9386-9534 E: firstname.lastname@example.org Michael Vaughan Media Relations - Fivemark Partners Tel: +61-422-602-720 E: email@example.com
Byte Power Group Ltd (ASX:BPG) (Company) is pleased to announce that it has secured an investor for A$1,000,000 pursuant to the Group's capital raising exercise. The investment is in the form of 100,000,000 Redeemable Convertible Notes ("Note") at an issue price of AU$0.01 per Note. The Note Term is 3yrs and each Note accrues interest at 8% compounding daily, payable quarterly in arrears.
The Group is in discussions with several parties who have expressed interest in subscribing for the Notes and expects to close the capital raising by the end of April. The Company confirms that its discussions with investors are in line with Section 708A of the Corporations Act and will make further announcements in relation to the issuance of further Notes as those discussions materialise.
The funds raised will add to working capital as the Company moves towards the launch of its Cryptocurrency Exchange.
Mr Alvin Phua, Chairman and CEO commented: "This investment is a strong vote of confidence in the Company and a validation of the Company's direction".
Michael Wee Company Secretary Byte Power Group Limited T: +61-7-3620-1688 www.bytepowergroup.com
White Rock Minerals Ltd (ASX:WRM) ("White Rock" or the "Company") is pleased to provide an update on its plans to conduct a comprehensive exploration program at its globally significant 100% owned zinc VMS project at Red Mountain in Alaska.
White Rock has now completed the mobilisation of the major items necessary for its planned exploration program at Red Mountain. Completed in early April, the diamond drill rig and camp accommodation, along with support infrastructure, were mobilised to the camp site alongside the airstrip at Newman Creek, located just to the east of White Rock's tenements (See Figures One and Two in link below).
This infrastructure will support White Rock's exploration plans for the upcoming field season (refer ASX Announcement dated 18 December 2017 "WRM - Exploration Program Planned - Red Mountain Zinc Project"), which is planned to include:-
- A targeted diamond drilling program aimed at in-fill and expansion of the high grade maiden Resource,
- On-ground orientation EM and possibly geochemistry exploration across the two already identified deposits,
- Regional application of the best geophysics and geochemistry exploration tools determined from the on-ground orientation work, and
- A follow-up diamond drilling program on the best of the more than 30 already identified exploration targets.
The initial drilling campaign, to commence in late May / early June (depending on weather), will aim to infill and extend the maiden resource which already has two identified deposits (Dry Creek and West Tundra Flats) and a Resource base of 16.7Mt at 8.9% ZnEq (see Note below) including a high-grade component of 9.1Mt @ 12.9% ZnEq (see Note below) (refer ASX announcement 26 April 2017 regarding the maiden Mineral Resource).
This drilling is aimed to follow-up on drilling last done in the 1990s, which included: (see link below)
MD & CEO Matt Gill said "The Company is very excited about the potential for its globally significant high-grade Zinc VMS Project at Red Mountain, and the news flow that should come from a successful exploration program here.
The Company announced an Equity Raising of up to $5.2 million through a Placement and Entitlement Offer on 21st March (refer ASX Announcement dated 21 March 2018 "White Rock Minerals Placement and Entitlement Offer). We have successfully closed the Placement component, heavily over-subscribed, raising A$1.6M (before costs). Existing eligible shareholders now have an opportunity to participate through the 1 for 3 partially underwritten pro-rata non-renounceable entitlement offer of fully paid ordinary shares and 1 for 2 unlisted options, to raise up to $3.6 million. The first A$1.6M of this Entitlement Offer is underwritten by DJ Carmichael.
The funds raised from the Equity Raising (after costs) will be used to fund White Rock's exploration activities at its globally significant high-grade zinc VMS Red Mountain Project in Alaska and for general working capital purposes. It is planned that approximately two thirds of this will go directly into the ground at Red Mountain, either from the drill program, or the on-ground geochemistry and geophysics work programs. This two-pronged exploration approach should generate significant news flow as we drill to infill and expand the existing high-grade maiden Resource and identify the next round of drill targets that should come from the more regional geophysics and geochemistry exploration programs planned.
Since acquiring the Red Mountain project in early 2016, we have expanded our strategic footprint 10-fold, to 143km2, and have also released a maiden Mineral Resource that immediately placed the Red Mountain Project in the top quartile of undeveloped high-grade VMS (zinc, silver, gold) deposits globally. Importantly, the two deposits identified within the Company's extensive land holding immediately placed the Red Mountain zinc project as one of the highest grade and more significant deposits of any zinc company listed on the ASX and an important VMS asset within a global context.
Our drill program for the 2018 summer field season aims to further build on our geological knowledge of the mineralisation, increase confidence in the Resource base, expand the already globally significant Resources at the existing deposits and discover new deposits.
We will, in parallel with the drilling program, also be conducting on-ground geophysics and geochemistry, testing many of the 30 already identified exploration targets developed from historic shallow EM and historic surface geochemistry, and explore the system for VMS related gold potential. We plan to drill the best of these regional targets towards the end of this drilling campaign."
About Red Mountain (as more fully set out in the ASX Announcement dated 15 February 2016)
- The Red Mountain Project is located in central Alaska, 100km south of Fairbanks, in the Bonnifield Mining District. The tenement package comprises 224 mining claims over a total area of 143km2.
- The Red Mountain Project contains polymetallic VMS mineralisation rich in zinc, silver and lead, with potential for significant gold and copper.
- Mineralisation occurs from surface and is open along strike and down-dip.
- White Rock used historical drilling to determine a maiden JORC 2012 Mineral Resource estimate for the Dry Creek and West Tundra Flats deposit (ASX Announcement 26th April 2017). The Inferred Mineral Resource contains an impressive base metal and precious metal content with 678,000t zinc, 286,000t lead, 53.5 million ounces silver and 352,000 ounces gold.
- Good preliminary metallurgical recoveries of >90% zinc, >75% lead, >80% gold, >70% silver and >70% copper.
- Previous drilling highlights (ASX Announcement 15th February 2016) include:
o 4.6m @ 23.5% Zn, 531g/t Ag, 8.5% Pb, 1.5g/t Au & 1.0% Cu from 6.1m
o 5.5m @ 25.9% Zn, 346g/t Ag, 11.7% Pb, 2.5g/t Au & 0.9% Cu from 69.5m
o 7.1m @ 15.1% Zn, 334g/t Ag, 6.8% Pb, 0.9g/t Au & 0.3% Cu from39.1m
West Tundra Flats
o 1.3m @ 21.0% Zn, 796g/t Ag,9.2% Pb, 10.2g/t Au & 0.6% Cu from 58.6m
o 3.0m @ 7.3% Zn, 796g/t Ag, 4.3% Pb, 1.1g/t Au & 0.2% Cu from160.9m
o 1.7m @ 11.4% Zn, 372g/t Ag, 6.0% Pb, 1.7g/t Au & 0.2% Cu from 104.3m
- VMS deposits typically occur in clusters ("VMS camps"). Deposit sizes within camps typically follow a log normal distribution, and deposits within camps typically occur at regular spacing. The known deposits at Dry Creek and West Tundra Flats provide valuable information with which to vector and target additional new deposits within the Red Mountain camp.
- Interpretation of the geologic setting indicates conditions that enhance the prospectivity for gold-rich mineralisation within the VMS system at Red Mountain. Gold mineralisation is usually found at the top of VMS base metal deposits or adjacent in the overlying sediments. Gold bearing host rocks are commonly not enriched in base metals and consequently often missed during early exploration sampling. This provides an exciting opportunity for potential further discoveries at Red Mountain.
- White Rock sees significant discovery potential, given the lack of modern day exploration at Red Mountain. This is further enhanced by the very nature of VMS clustering in camps, and the potentially large areas over which these can occur.
ZnEq = Zinc equivalent grades are estimated using long-term broker consensus estimates compiled by RFC Ambrian as at 20 March 2017 adjusted for recoveries from historical metallurgical test work and calculated with the formula: ZnEq =100 x [(Zn% x 2,206.7 x 0.9) + (Pb% x 1,922 x 0.75) + (Cu% x 6,274 x 0.70) + (Ag g/t x (19.68/31.1035) x 0.70) + (Au g/t x (1,227/31.1035) x 0.80)] / (2,206.7 x 0.9). White Rock is of the opinion that all elements included in the metal equivalent calculation have reasonable potential to be recovered and sold.
To view tables and figures, please visit:
Matt Gill (Managing Director & Chief Executive Officer) Or Shane Turner (Company Secretary) Phone: +61-3-5331-4644 Email: firstname.lastname@example.org WWW: www.whiterockminerals.com.au
MMJ PhytoTech Limited (ASX:MMJ) ("MMJ") is pleased to announce that it has invested $1 million for a 16.7% ownership stake in Biologics Research Institute Australia Pty Ltd, the owner of Cannabis Access, the leading online portal for medical cannabis access in Australia.
Cannabis Access makes it easier for Australian healthcare professionals to access the appropriate type of medical cannabis for their patients within the current regulatory environment by making the process of prescription faster and easier where it:
- operates an online portal (cannabisaccess.com.au) for healthcare professionals that showcases the products available in Australia and the conditions for which they are best suited to treat. It also provides research to support cannabis use for each condition;
- provides a seamless end-to-end process for accessing and prescribing medical cannabis. In the majority of circumstances, doctors need to obtain both Therapeutic Goods Administration (TGA) and state approvals (which are thankfully no longer required in NSW). Cannabis Access' online portal prepopulates the forms necessary for doctors to obtain these approvals using the details of the product selected by them. The application process is supported by a call centre which speeds up the process; and
- has 500 Australian healthcare professionals (doctors and pharmacists) signed up to the online portal. This number is expected to grow rapidly over the next few years.
Giles Craig, Executive Chairman of Cannabis Access, said "We are delighted to have the support of MMJ as we roll out our strategy to work with doctors throughout Australia and make it easier for them to prescribe medical cannabis. This investment is an endorsement of our strategy and provides us with the capital needed to accelerate our programme. Based on mature markets for medical cannabis access such as California, we estimate the addressable market in Australia to be around 500,000 patients. Currently, there are only 500 patients who are legally using medical cannabis in Australia at a time when we understand up to 100,000 patients are accessing it through other means. We are working on a number of exciting initiatives targeting this large addressable market and will announce these as they come to fruition".
Jason Conroy, CEO of MMJ, said "At the moment there are significant challenges for Australian patients who want to access medical cannabis and doctors who want to prescribe it. Cannabis Access is strongly positioned to address these challenges and we are proud to support them."
Investor and Media Enquiries: Jason Conroy Chief Executive Officer E: email@example.com
Cervantes Corporation Limited (ASX:CVS) (Cervantes) or ( the Company) is pleased to advise that as a result of the recent shareholders meeting and approval of additional capital raising facilities, the Company has placed all of the available shares and attaching options.
40,199,593 fully paid shares together with 13,399,864 (one for three) free attaching options were placed to professional investors under ASX listing Rule 7.1 to raise $281,397. This will require a further shareholders meeting to refresh this facility for future funds if and when required.
In addition, and as a result of the enthusiasm of a number of investors, the full 50,000,000 fully paid shares with 25,000,000 (one for two) free attaching options approved at the recent shareholders meeting were placed to professional investors under ASX Listing Rule 7.1 to raise $500,000. Further calls and communications were received, but the Company was unable to accommodate these applications until the 15% facility revised calculations come into effect after the current shares are issued.
Cervantes would once again like to thank the ongoing support of the local Chinese community and existing shareholders and clients of New York Securities Pty Ltd (AFSL 317392) in completing these placements.
Cervantes can now comfortably move forward knowing that all current exploration and drilling commitments can be met, to allow the Company to further evaluate and develop all of its projects, as well as meet other commitments and working capital requirements.
Your Directors look forward to making further ongoing positive announcements in the near future as news from the exploration programs and corporate activity develops.
Further details regarding the placements and terms of the options are set out in the accompanying Appendix 3B (see link below).
To view Appendix 3B, please visit:
Collin Vost Chairman T: +61-8-6436-2300 E: firstname.lastname@example.org
Emmerson Resources Limited ("Emmerson") (ASX:ERM) (OTCMKTS:EMMRF) is pleased to announce that a series of spectacular assay results has been returned from the Jasper Hills Project, located within the Northern Corridor of Emmerson's 100% owned Tennant Creek Project.
- Spectacular results returned from Jasper Hills, located within the Northern Corridor at Tennant Creek:
- NSDH101: 28m at 5.83g/t gold, 0.17% cobalt and 8.52% copper (from 108 to 136m) and includes:
o 19m at 0.56g/t gold, 0.47% cobalt and 11.4% copper and
o 2m at 50.1g/t gold and 10.5% copper
- NSDD100: 11m at 0.22g/t gold, 0.18% cobalt and 2.56% copper (from 117 to 128m) and includes:
o 3m at 0.34g/t gold, 0.55% cobalt and 5.80% copper and
o 1m at 0.48g/t gold, 1.07% cobalt and 5.71% copper
- NSDH547: 23m at 0.14% cobalt and 7.04% copper (from 95 to 118m) and includes:
o 4m at 0.37% cobalt and 10.2% copper and 1.35g/t gold
- NSDH488: 14m at 6.72g/t gold, 0.28% cobalt and 2.17% copper (from 284 to 298m) and includes:
o 5m at 16.6g/t gold
o 2m at 1.32% cobalt and 2% copper
- NSDD110: 15m at 7g/t gold (from 295 to 310m) and includes:
o 6m at 14.9g/t gold
- Mineral Resource Estimate for Jasper Hills to be completed in the current June quarter
- New exploration program for targets within the Northern Corridor are close to being finalised
Emmerson's Managing Director, Mr Rob Bills commented: "The proposed restructure of the Tennant Creek Mineral Field JV with Evolution Mining has enabled Emmerson to focus on the generation of new targets within the 2,600km2 project area to be retained by Emmerson subject to shareholder approval.
Our first area of priority is the highly prospective yet underexplored Northern Corridor region. This area hosts our high-grade Edna Beryl gold mine and has excellent potential for further deposits of gold, copper and now at Jasper Hills, the addition of high grade cobalt.
While the Jasper Hills project was discovered back in the 1930's, it received little attention at the time due to a combination of the cobalt price and focus on the nearby North Star gold mine. Emmerson's initial program has consisted of locating the historic drill core, relogging and assaying ahead of an independent assessment of the mineral resource consistent with the JORC code.
Although early days, the indicative cobalt grades at Jasper Hills compare favourably with other Australian projects of CleanTeQ (~0.1% Co), Australian Mines (~0.11% Co), Metals X (~0.08% Co), Barra Resources (~0.13% Co). Whilst these projects have associated metals, Jasper Hills is unique given the combined metal grades (copper, gold and cobalt) which provide potential for very high value ores.
Emmerson has considerable experience in the exploration for this style of mineralisation, with discoveries at Edna Beryl, Mauretania and Goanna -that share many common attributes of high-grades of gold, copper and now cobalt, associated with oxidised, hematite ironstones. We believe the Northern Corridor has excellent potential for further discoveries and will be announcing a major exploration program over this area shortly.
Jasper Hills Project (see figure 1 in link below)
Drill core from most of the previous diamond holes (drilled between 1975 and 1997) has been located as part of Emmerson's ongoing target generation activities over the Northern Corridor. This diamond core is in excellent condition, with key intervals resubmitted for assay utilising standards under the JORC Code (2012). The resultant assays accord well with the historic results and detailed geological information, providing a high integrity database for ongoing studies (see tables 1,2 3 and figure 2 in link below).
The Jasper Hills mineralisation is hosted in brecciated hematite ironstones surrounded by intensely chloritized sediments of the Warramunga Group. The ironstones are enveloped by silicified carbonates, quartz and jasper, similar in most respects to Edna Beryl and within the district, encompass high-grade gold exploration targets (North Star Deeps Gold, Jasper Hill Gold), high-grade copper exploration targets (Katherine Star, Northern Star and Hermitage) and high-grade copper-cobalt exploration targets (Jasper Hills) (see figure 3 in link below).
Mineralisation at Jasper Hills is typically associated with the footwall or core of the ironstones and in the oxide zone, some 50m below the surface, consists of malachite and lessor azurite. The transition zone includes these plus bornite, chalcocite and native copper, extending down some 200m below the surface to encompass the sulphide zone of mainly chalcopyrite. The high-grade cobalt zone transgresses the copper and consists of mainly cobaltite in association with chalcopyrite and digenite (see figure 4 in link below). Interestingly, historic metallurgical testing of these ores in the 1990's produced a high-grade copper and cobalt concentrate, with a 20kg sample grading 3.6% copper and 0.16% cobalt (1990 Optimet Laboratories).
The ironstones of the Northern Corridor are hematite dominant and up until now, have been challenging to discover. Emmerson's success in discovery for these styles of deposits (for example Edna Beryl, Mauretania and Goanna) comes from systematic, science-based exploration utilising the application of new exploration models combined with modern geophysical detection technologies (see figure 5 in link below).
About Tennant Creek and Emmerson Resources
The Tennant Creek Mineral Field (TCMF) is one of Australia's highest-grade gold and copper fields producing over 5.5 Mozs of gold and 470,000 tonnes of copper from deposits including Warrego, White Devil, Orlando, Gecko, Chariot and Golden Forty. These high-grade deposits are highly valuable exploration targets and to date discoveries include high grade gold at Edna Beryl and Mauretania, plus copper-gold at Goanna and Monitor. These are the first discoveries in the TCMF for over a decade.
Emmerson announced the first gold pour from the high-grade Edna Beryl gold mine in December 2017. This mine is being operated under a Tribute Agreement with specialist small miner, the Edna Beryl Mining Company.
In addition, Emmerson recently commenced exploration on new gold-copper projects in NSW, identified (with our strategic alliance partner Kenex Limited) from the application of 2D and 3D predictive targeting models - aimed at increasing the probability of discovery. The highly prospective Macquarie Arc in NSW hosts >80Mozs gold and >13Mt copper with these resources heavily weighted to areas of outcrop or limited cover. Emmerson's five exploration projects contain many attributes of the known deposits within the Macquarie Arc but remain under explored due to historical impediments, including overlying cover (plus farm lands) and a lack of exploration focus. Kadungle is a JV with Aurelia Metals covering 43km2 adjacent to Emmerson's Fifield project.
On the 19th of February 2018, Emmerson notified the ASX that it had reached and executed an agreement with previous JV partner, Evolution Mining pertaining to the Tennant Creek Mineral Field JV. Under the proposed restructure, Emmerson retains 100% ownership of 2,600km2 or 94% of the previous JV area that includes all the gold projects and 100% of the revenue from the small mines. In return Evolution takes 100% of the copper dominant projects of Orlando, Gecko and Goanna. This agreement needs approval by Emmerson shareholders at a proposed meeting of shareholders expected to be held in May 2018.
Emmerson is led by a board and management group of experienced Australian mining executives including former MIM and WMC mining executive Andrew McIlwain as non-executive chairman, and former senior BHP Billiton and WMC executive Rob Bills as Managing Director and CEO.
To view tables and figures, please visit:
Investor Enquiries: Mr. Rob Bills Managing Director & Chief Executive Officer T: +61-8-9381-7838 E: email@example.com www.emmersonresources.com.au
Nanollose Limited (ASX:NC6) ("Nanollose" or the "Company") is pleased to announce that as the Company enters a new phase of commercialisation and development, Dr Wayne Best will increase his involvement across research and development and assist in the effort to prioritise and convert numerous opportunities currently being presented to the Company.
From 9 April 2018 Dr Wayne Best will commence a full-time executive role within Nanollose and transition from non-executive chairman to executive chairman of the Company.
Nanollose's Managing Director, Alfie Germano, said; "Dr Best brings robust research and development expertise to Nanollose that will assist us to accelerate the development and commercialisation of our technology."
KEY TERMS OF AGREEMENT;
The engagement of Dr Best as full-time executive chairman is effective from 9 April 2018 and will continue until it is terminated by either the Company or Dr Best. The Company may terminate the employment without notice upon limited events akin to misconduct or incapacity. Additionally, either party may terminate the agreement without cause upon 3 months written notice.
Dr Best will be paid $225,000 per annum plus statutory superannuation. Dr Best will not be paid a separate director's fee for serving on the board. The remuneration of Dr Best will be reviewed on an annual basis or as otherwise agreed between the parties.
Otherwise, Dr Best is engaged on terms considered standard for an executive of an ASX listed company including a post-employment restraint clause for 12 months.
ABOUT DR WAYNE BEST
Dr Best has a PhD in organic chemistry with over 35 years' experience obtained in Australia and oversees from large multinational chemical companies, academia, government, and most recently from Epichem, an award winning contract research company he founded in 2003.
He has significant experience in managing scientific teams and industrial research projects. Dr Best is an Adjunct Associate Professor at The University of Western Australia, a Fellow of the Royal Australian Chemical Institute and a Graduate Member of the Australian Institute of Company Directors. In addition to his role with the Company, he is also a non-executive Director of PharmAust Ltd and a non-executive Chairman of Epichem Pty Ltd.
Alfie Germano CEO & Managing Director Email: firstname.lastname@example.org Phone: +61-411-244-477 Michael Wills Media and Investor Relations Email: email@example.com Phone: +61-468-385-208