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Deep Yellow Limited (ASX:DYL) June 2018 Quarterly Activity Report

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Deep Yellow Limited (ASX:DYL) (OTCMKTS:DYLLF) provides the Company's quarterly activities report for the period ending 30 June 2018.

HIGHLIGHTS

- High-resolution magnetic/radiometric survey flown over 4 blocks on Reptile and Nova JV projects

o Detailed results discriminating potential target defining features

- Resource drilling east and west of Tumas 3 has been completed for FY18.

o Uranium mineralisation identified in 46% of holes in latest drilling.

- Nova JV Project- JOGMEC approved annual budget of $1.3M to March 2019

- Company commences trading on the OTCQB venture market

o U.S. investors now have easier, real time trading access of Deep Yellow's Ordinary Shares through this platform

o This development significantly expands the pool of investors able to invest in the Company.

POST QUARTER ANNOUNCED RESULTS

- Resource drilling on Tumas 3 extensions achieved a 32% resource growth while maintaining the average grade

o Inferred Mineral Resource estimate of 31.2Mlb grading 377ppm eU3O8 for the expanding Tumas 3 deposit.

o In 18 months have doubled the pre-2017 32.1Mlb palaeochannel related Mineral Resource base on the Reptile Project.

- Highly positive progress continues to advance the Reptile Project toward achieving stated calcrete mineral resource target

- Mineralisation is calcrete associated and hosted in palaeochannels, similar to the Langer Heinrich uranium mine located 30km to the north east

During the June quarter work on the 2 Namibian projects continued: Reptile Project (EPLs 3496 and 3497) and the Nova Joint Venture Project (EPLs 3669 and 3670). See Figure 1 (see link below) for locations. Activities on the Reptile Project focussed on completion of the uranium resource upgrade drilling program for the 12 months ending June 2018 focussing on the areas located immediately east and west of the Tumas 3. Post the June quarter a Resource Mineral Estimate (RME) on the Tumas 3 expanded area was completed and announced on July 11. In addition, 4 blocks were flown with a high resolution magnetic and radiometric airborne survey - 1 block on the Reptile Project and 3 blocks on the Nova JV Project. The 12-month program and budget for the period ending 31 March 2019 was approved by JOGMEC at $1.3M.

REPTILE PROJECT, NAMIBIA (EPLs 3496, 3497) - 100% Deep Yellow

The balance of the 10,000m campaign planned to be drilled in the period to end June 2018 was completed, focussed on resource drilling over the Tumas 3 east and west areas. Figure 1 (see link below) shows the palaeochannel system and prospect locations. This work was targeted to further extend the mineralised zone which was delineated from the November 2017 drilling. The latest drilling confirmed additional continuous uranium mineralisation over more than 6km. The Tumas 3 mineralisation, including the newly identified tributaries, now occurs over 10.5km of continuous uranium mineralisation when using a cut-off of greater than 100ppm Equivalent Uranium Oxide (eU3O8) over 1m. This drilling closed off the mineralisation to the east however remains open to the west, where further drilling is planned later in 2018.

Of the total 190 holes drilled since 14 April 2011, 75 returned positive results - a success rate of 40%. The reduced success rate compared to the initial Tumas 3 drilling is caused mainly by the narrower nature of the channel. The eU3O8 values as shown in Appendix 1 are based on down-hole radiometric gamma logging carried out with a fully calibrated Aus-Log gamma logging system. These results have been validated by a competent geophysicist for the resource estimation reported July 11. Figure 2 (see link below) shows the drill-hole locations in relation to the Tumas 3 resource and highlights the continuous nature of the mineralisation along the channel.

The results of the resource drilling are regarded as very encouraging, confirming the continuous eastern extension of Tumas 3 and the strong potential of continuation of the uranium mineralisation further to the west, which remains open.

Analysis/Conclusion

The June 2018 quarter saw the completion of the third drilling campaign undertaken since change in strategic direction of the Company in November 2017. The drilling again produced successful overall results, confirming that the previously discovered Tumas 3 mineralisation can be expanded. The work to date not only shows the ability to add to the current uranium resource base of this project but, as importantly, emphasises the strong exploration potential of the uranium-fertile, extensive palaeochannel system within which the expanding Tumas 3 discovery occurs.

There are now 4 distinct mineralised zones (Tumas 1 & 2, Tumas 3 and Tubas Red Sand/calcrete deposits) identified within the 125km of palaeochannels (see Figure 1 in link below) which occur within the Reptile project tenements. Some 70%, or approximately 85km, of these palaeochannels remain to be adequately tested.

NOVA JV, NAMIBIA (EPLs 3669, 3670) - 65% Deep Yellow

In April Deep Yellow reported that Japan Oil, Gas and Metals National Corporation (JOGMEC), who are sole funding the Nova Joint Venture (Nova JV) in Namibia, approved a program and budget of $1.3M over the next 12 months for the period ending 31 March 2019.

JOGMEC is currently earning a 39.5% equity interest in the Nova JV to be achieved after $4.5M has been spent by them over a four-year period. Work on the Nova JV is focussing on target definition and drilling to test for both basement- related uranium targets (Rössing/Husab style deposits) and palaeochannel/calcrete associated uranium targets (Langer Heinrich style deposits).

HIGH RESOLUTION AIRBORNE SURVEY

Xcalibur High Resolution Geophysical Airborne Survey

Previous results highlighted that, in addition to geological mapping and prospecting, radiometry and magnetics are the most effective geophysical exploration methods for targeting basement hosted uranium mineralisation in the area. To support the new exploration approach, high resolution airborne radiometric and magnetic surveys covering selected proportions of EPL 3496 (Reptile Project); and EPLs 3669 and 3670 (Nova JV) were contracted to Xcalibur Airborne Geophysics of South Africa.

The airborne surveys commenced in April 2018 and concluded in May 2018. A total of 7,053 line-km was flown over 4 blocks chosen to be of high interest for detailed follow-up - one block on the Reptile Project within EPL 3496 and three blocks on the Nova JV Project. Flight height was 30m and line spacing varied from 50 to 100m.

Preliminary assessment of the results shows impressive definition of both the magnetic and radiometric responses. On full interpretation this data is expected to greatly assist in understanding both lithostratigraphic and structural relationships to isolate targets not previously observable.

Earthmaps Consulting Namibia is currently interpreting the Excalibur airborne geophysical data which is expected to be available late July/early August. The work is confirming it can resolve the structural and geological settings of the basement rocks and is expected to highlight prospective areas. Field follow-up of the work has started and initial targets are expected to be identified and ready for drilling in October.

POST QUARTER RESULTS

In mid-July 2018, the Company announced the results of the RME for the Tumas 3 extended area following the successful resource drilling completed in the June quarter and announced earlier in July.

The RME for the expanded Tumas 3 Resource increased the Company's surficial calcrete palaeochannel Mineral Resource base on its Namibian projects by a significant 62%, now totalling 81.3Mlb U3O8.

Tumas 3 Mineral Resource Estimate - SUMMARY

The Mineral Resource was estimated by Ordinary Kriging. Cut-off grades used for the expanded MRE included 100, 150, 200, 250 and 300ppm eU3O8 and the Inferred Mineral Resources derived from these cut-off grades indicate the mineralisation remains robust and consistent (see Table 1 in link below).

The expanded MRE for the extended Tumas 3 deposit at a 200ppm cut off gives an Inferred Mineral Resource of 31.2Mlb at 377ppm eU3O8.. The 200ppm eU3O8 cut-off has been selected as being the most appropriate for headline reporting of the resource estimations. Figure 2 (see link below) shows the Tumas 3 expanded resource outlining extent and nature of the mineralisation over the 10km length of channel tested and includes the 3km of mineralised tributary channels.

Deposit Parameters: The Tumas 3 uranium mineralisation is of the calcrete type located within an extensive mainly east-west trending palaeochannel system. The uranium mineralisation occurs in conjunction with calcium carbonate precipitations (calcrete) in sediment filled palaeovalleys. Uranium is the only economically extractable metal in this type of mineralisation although vanadium production can be considered if the price for vanadium becomes high enough. Uranium minerals mainly include uranium vanadates. The geology of this type of mineralisation is well understood having been explored over a number of years. The Langer Heinrich uranium mine, located 30km to the north-east, exploits this type of deposit and has been mined since 2007.

The mineralisation domains used for the current extended MRE study were interpreted to capture continuous zones of mineralisation above 100ppm eU3O8. The mineralisation included in this study has a strike length of approximately 10km and ranges in width 100m to 900m extending to a depth of 40 to 50m averaging around 25m below surface along the main Tumas channel. This includes the 3km of mineralisation encountered along three associated tributary channels. The mineralisation occurs in a reasonably continuous, seam-like horizon and extends west beyond the currently drilled area. It is closed off to the south-east.

Drilling for the project was based on RC methods only. Drill-holes used in the MRE included the 274 recently drilled holes totalling 6781m, 462 holes drilled in 2017 for 12,323m and 338 historical drill-holes totalling 8,343m drilled by Deep Yellow between 2011 and 2012. Drilling achieved recoveries around 90%. All drill chips were geologically logged and their radioactivity was measured. All data were added to the database.

The 2017 and 2018 drilling programs were carried out on a spacing of 100m x 100m. Around the tributary palaeochannels drill spacing was reduced to 50m x 50m if required. Pre-2017 drilling carried out by the Company was along regional 2km spaced drill lines with drill-holes spaced 50m apart which was of insufficient resolution to make a discovery.

Methodology: Data used in the MRE is largely based on down-hole radiometric gamma logging taken by a fully calibrated Aus Log gamma logging system which was used in the recent and previous drilling programs. Down-hole gamma readings were taken at 5cm intervals and deconvolved into equivalent uranium values (eU3O8) before being combined to 1m intervals. Geochemical assays were collected from 1m RC-drilling intervals, which were split to 1 to 1.5kg samples by riffle splitters. 120gm were further pulverised for use in regular XRF determinations and ICP-MS check analysis work. Selected samples from the historical holes previously were also assayed for U3O8 by ICP-MS method to confirm the XRF results.

The geochemical assays were used to confirm the validity of the eU3O8 values determined by down-hole gamma probing. After validation, the eU3O8 values derived from the down-hole gamma logging were given preference over geochemical assays for the resource estimation.

Exploration Target

As previously reported Deep Yellow has identified 125km of prospective palaeochannel systems providing targets where large sections remain inadequately tested. The very encouraging follow-up drilling just completed identified a further 6km of extensive uranium mineralisation. This was targeted to expand the maiden Resource as announced 27 September 2017 at Tumas 3 and has produced a cumulative 63.3Mlb eU3O8 attributable to the Reptile Project palaeochannels. With this addition the Company is notably advancing its calcrete resource base towards its stated total Exploration Target(1) of 100 to 150Mlb at a grade range of 300ppm to 500ppm for this type of uranium mineralisation. The 63.3Mlb (comprising Tumas 1&2, Tumas 3 and Tubas Red Sand/Calcrete deposits) and the overall uranium resources associated with the Company's Namibian projects are shown in Appendix 1 Table 1 (see link below).

(1). With the additional resources announced herein, the Company has now determined a Mineral Resource of 81.3Mlb of calcrete mineralisation (or 81% of the lower range of the Exploration Target). The Company however acknowledges that the potential quantity and grade of the Exploration Target is conceptual in nature, and that there has been insufficient additional exploration to estimate an expanded Mineral Resource at the date of this report. Additional exploration is planned; however, it is uncertain if this will result in the estimation of an additional expanded Mineral Resource. From the review and evaluation of calcrete associated mineralisation already identified on the Company's tenements which commenced in the December 2017 Quarter and the exploration carried out over recent months, the Company has a greater understanding of the stratigraphy of the palaeochannels which host mineralisation. This work has provided renewed confidence that mineralisation is likely to be identified in targeted but contiguous areas on the Company's tenements.

Targeted tonnage/grades are based on results and understanding from work carried out over past 10 years in this region. The Exploration Targets are planned to be tested over the next 12 to 24 months by continued exploration programs predominantly drill-testing of targeted areas.

High Potential Confirmed Justify Continued Resource Upgrade Drilling

The continued drilling of the palaeochannel at Tumas 3 continues to prove highly successful, fully endorsing the new approach that has been taken to test this highly prospective area. This work continues to add substantial new uranium resources at Tumas 3. Additionally, the investigations over the past months have also identified extensive untested palaeochannels over which high prospectively is being confirmed.

The 31.2Mlb now attributable to Tumas 3 translates to 3Mlb/km for the 10km over which this deposit occurs. The 63.3Mlb of Inferred Mineral Resources now attained from the Reptile Project palaeochannels represents a remarkable 97.5% increase in the calcrete resource base on this project since the new investigations commenced 18 months ago. Deep Yellow is now within reach of the first major milestone of 100Mlb eU3O8. As has been previously stated, increasing the palaeochannel calcrete resource base toward the range of 100-150Mlb uranium in the 300 to 500ppm U3O8 grade range is regarded as a realistic objective.

With Tumas 3 remaining open to the immediate west and a further 85km of palaeochannel identified still to be tested, it is not unreasonable to estimate that 15 - 20km of these channel systems will return 3 - 5Mlb/km of uranium mineralisation.

This strongly justifies the need to continue exploration and systemically drill-test the underexplored palaeochannel systems contained in the Company's 100% owned tenements, EPLs 3496 and 3497.

Drilling will resume on these targets in late July 2018.

CORPORATE

OTCQB Listing

In June 2018 Deep Yellow Limited announced that the Company's ordinary shares were approved for trading on the OTCQB Venture Market in the United States (US) under the symbol "DYLLF." The OTCQB is a US trading platform operated by OTC Markets Group in New York.

Deep Yellow shares will continue trading on the ASX under its existing symbol DYL. For clarity, this dual listing structure is non-dilutive to existing Deep Yellow shareholders - that is, no capital is being raised and no new shares are being issued.

The OTCQB Venture Market is for early-stage and developing U.S. and international companies. The OTCQB quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for U.S. investors. Through trading on OTCQB, companies can engage a far greater network of U.S. investor, data distributors and media partners, ensuring U.S. investors have access to the same high-quality information that is available to investors in Australia, but through U.S. platforms and portals used to conduct research.

To view tables and figures, please visit:
http://abnnewswire.net/lnk/0PSAB6P0

John Borshoff
Managing Director/CEO
T: +61-8-9286-6999
F: +61-8-9286-6969
Email: john.borshoff@deepyellow.com.au
www.deepyellow.com.au

iSignthis Ltd (ASX:ISX) Mastercard (NYSE:MA) Relationship Extended to Australia

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Australian Securities and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX:ISX) (FRA:TA8), the world leading RegTech for identity verification and payment services, is pleased to announce that its Australian subsidiary, iSignthis eMoney (AU) Pty Ltd ("the Company"), has executed a Principal Membership agreement with Mastercard International Inc ("Mastercard"), for the Australian region.

Highlights

- iSignthis is now a Principal Member of Mastercard in two key regions

- Card Acquiring services now complement Paydentity(TM) RegTech offerings in Australia and the EEA.

The Mastercard service will complement ISXPay(R) offerings to merchants in Australia and will allow ISXPay(R) to provide Mastercard acquiring (authorisation and settlement) services to merchants directly.

Integration will commence on Mastercard imminently, with approximately a 9 month integration and certification window, before it can be made live to merchants.

Once integrated, the Company will be able to offer acquiring to merchants who provide services as diverse as crypto currency exchange, CFD/FX/securities brokerage, and money service / remittance, in addition to mainstream retail services.

In Australia, the Company is also an aggregator member of American Express and a registered money remittance service with AUSTRAC. The Company is also pursuing principal memberships with other card schemes, in order to offer full range of card and payment services independent of the incumbent Australian principal member banks.

In the meantime, until full integration is completed to Mastercard, ISXPay(R) is able to process transactions via its previously announced NAB arrangements.

Card Scheme & Payment Service Update

ISXPay(R) is also a Principal Member of three card schemes in the EEA, including Mastercard, JCB International and Visa Inc, and is able to offer independent card acquiring, processing and settlement services across the European Economic Area (EEA).

The ISXPay(R) service offering is further complemented by Trustly, Sofort and Polipayments, all of which are available as a pure payment service, or in conjunction with the Paydentity(TM) Customer Due Diligence / eKYC platform.

The Company anticipates that its Principal membership facilities will be live for Merchants in the EEA within 8-10 weeks and will greatly reduce the reliance on third party processing suppliers. The previously announced third party technical issues have led to increased costs, which the Company has been required to absorb at reduced gross profit margin, until such time as its cost effective Principal membership connections are live.

About Mastercard International Incorporated

MasterCard Incorporated (NYSE:MA), incorporated on May 9, 2001, is a technology company that connects consumers, financial institutions, merchants, governments and businesses across the world, enabling them to use electronic forms of payment. The Company operates through Payment Solutions segment. The Company allows user to make payments by creating a range of payment solutions and services using its brands, which include MasterCard, Maestro and Cirrus.

The Company provides a range of products and solutions that support payment products, which customers can offer to their cardholders. The Company's services facilitate transactions on its network among cardholders, merchants, financial institutions and governments. The Company's products include consumer credit and charge, commercial, debit, prepaid, commercial and digital. The Company's consumer credit and charge offers a range of programs that enables issuers to provide consumers with cards allowing users to defer payment. The Company's debit supports a range of payment products and solutions that allows its customers to provide consumers with access to funds in deposit and other accounts.

For more information visit : http://www.abnnewswire.net/lnk/548QA80Z

Media: contact@isignthis.com

Investor Relations
Chris Northwood
Activ8Capital
T: +61-458-809-177 
E: cnorthwood@isignthis.works or investors@isignthis.com

Impact Minerals Limited (ASX:IPT) Drilling Underway at Clermont Gold Project, Queensland

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Impact Minerals Limited (ASX:IPT) (OTCMKTS:IPPTF) announces drill testing of five target areas identified in geophysical and geochemical data is underway at Impact Minerals Limited's 100% owned Clermont gold project located in the southern part of the Drummond Basin in Central Queensland; a prolific epithermal gold-silver belt which hosts several world class gold deposits such as Pajingo (Vera-Nancy) (>5 Moz), Mt Leyshon (>3 Moz) and Mt Wright (>1 Moz) (see Figure 1 in link below).

- RC Drill programme testing 5 target areas.

- Targets highlighted by exceptional IP survey results that identify a quartz vein system extending for at least 6,000 metres.

- Clarification to the terms of the recently announced Broken Hill Joint Venture

The project lies 30 km south of the town of Clermont and about 50 km south of the recently acquired Blackridge conglomerate-hosted gold project (see Figure 1 in link below and see announcement May 29 2018).

A recently completed gradient array Induced Polarisation (IP) survey has identified multiple coherent northeast trending linear resistivity anomalies that coincide in part with numerous outcrops of gold-bearing quartz veins. The resistivity data suggests that the quartz veins extend over a strike length of at least 6,000 metres (see Figure 2 in link below).

A total of 98 rock chip samples taken from variably gossanous quartz veins over the 6,000 metres of strike returned assays of up to 8.1 g/t gold (see Figure 2 in link below) with 35 samples returning assays of more than 0.1 g/t gold and 10 returning assays greater than 1 g/t gold.

A review of an MMI soil geochemistry survey completed by Impact in 2012 showed that the linear resistivity anomalies are concident with elevated gold, silver and lead in soil values as well as elevated copper to the north and zinc to the east.

The IP data together with the soil and rock chip geochemistry data have been used together with previous drilling data where appropriate to identify five priority areas for drilling.

1. Retro X: This target is a strong, linear 1.6 km long resistivity anomaly that trends north northeast and is coincident with highly elevated gold-silver-copper and lead-in-soil anomalies. Outcrops of gossanous quartz veins occur over the entire strike length and returned rock chip assays of up to 9.7 g/t gold and 63 g/t silver (2 ounces). Previous drilling along the Retro X trend returned drill results of up to 8 m at 16 g/t gold and 143 g/t silver (4.6 ounces).

2. Carramah: This target is a prominent "S-shaped" 1 km long resistivity anomaly that trends north northeast and is located 500 metres west of and subparallel to the Retro X trend. There are no soil samples in this area and it has not been drill tested.

3. Snakegrass: This target comprises a series of strong, subparallel north north east trending resistivity anomalies extending for over 2 km of strike and branching in places. The resistivity anomalies are coincident with elevated gold and silver-in-soil values to the north with a transition to zinc-and lead-in-soil anomalies toward the southern end. The area has not been drill tested.

4. Rosewood: This target is a prominent north east trending linear resistivity anomaly 1.2 km long with coincident elevated gold-silver-copper- and lead-in-soil values. Well defined zones of gossanous quartz veins up to 2 m thick associated with a shear zone occur in places associated with the IP anomaly. Previous rock chip assays along the trend returned up to 5.4 g/t gold and 75 g/t silver (3 ounces). The main anomaly has not been drilled.

5. Retro North: This target is an extension of the Rosewood resistivity anomaly that extends a further 1.6 km to the north northeast. Soil sampling has not been conducted in this area however multiple quartz veins are observed at surface over the entire strike length. Rock chip assays range from 1.4 g/t gold to the south up to 4.5 g/t gold to the north where the veins become thicker and more gossanous. Previous drilling returned up to 2 m at 13.7 g/t gold. In addition, the resistivity data suggests at least 3 other parallel splays occur in an area of poor outcrop to the east over a further 1.4 strike kilometres.

The drill programme will comprise up to 2,000 metres of reverse circulation drilling and is anticipated to be completed by mid-August with first assay results also at about that time.

Other relevant exploration results are summarised in the announcement dated May 15 2018.

CLARIFICATION OF THE TERMS OF THE BROKEN HILL JOINT VENTURE

Impact Minerals recently announced a significant joint venture with BlueBird Battery Metals Inc (TSX:V BATT) for BlueBird to farm in to Impact's Broken Hill Project (see announcement July 11 2018).

The principal terms of the joint venture are:

- A non-refundable payment of CAD$25,000 cash (completed).

- A cash payment of CAD$125,000 and the issue of 5,250,000 shares (Tranche 1) at a deemed price of CAD$0.40 (Tranche 1 price) in BlueBird on the later of the signing of a Definitive Agreement (DA) or the approval of the transaction by the TSX Venture Exchange. The Definitive Agreement is to be completed within 45 days of signing of the LOI.

- On-ground exploration expenditures totaling CAD$2.25 million as follows:

o A minimum of CAD$500,000 within one year of signing the DA (Year 1).

o A further CAD$750,000 by the end of Year 2.

o A further CAD$1.00 million by the end of Year 3.

- The issue of a further $500,000 of shares in Bluebird at a price equivalent to the 30 VWAP at the time of issue of the shares.

o CAD$125,000 in shares prior to the end of Year 1.

o CAD$125,000 in shares prior to the end of Year 2.

o CAD$250,000 in shares prior to the end of Year 3.

In the July 11, 2018 announcement the issue price of the shares issued at the end of Years 1, 2 and 3 was not specified.

To view figures, please visit:
http://abnnewswire.net/lnk/42TBBP69

Dr Michael G Jones
Managing Director
Impact Minerals Limited
T: +61-8-6454-6666
E: info@impactminerals.com.au

Carnarvon Petroleum Limited (ASX:CVN) Dorado-1 Oil Discovery

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Carnarvon Petroleum Limited ("Carnarvon" or "the Company") (ASX:CVN) (OTCMKTS:CVONF) confirms that the Quadrant-Carnarvon Joint Venture has made a significant oil discovery in the Caley Member as part of the current Dorado-1 well drilling campaign.

Highlights

- Significant oil discovery in primary target, the Caley Sandstone

- Excellent reservoir and fluid characteristics

- Caley Sandstone contains a net oil pay thickness of 79.6m

- Hydrocarbon bearing sands also identified in Baxter Member

- Additional potential in Crespin and Milne Sandstone still to come

Light oil has been recovered from excellent reservoir containing a gross hydrocarbon package of 96.1 metres and a net pay thickness of 79.6 metres in highly porous and permeable sands.

The results were confirmed after wireline testing was undertaken at the Dorado-1 well, after it drilled down to around 4,044 metres Measured Depth ("MD") MD in 8-1/2" hole. Currently the well is still in a hydrocarbon bearing column.

Carnarvon Managing Director Adrian Cook said the result is transformational for the company.

"This is a significant discovery given the quantum of the net pay thickness, the quality of the oil and the extremely good reservoir characteristics," Mr Cook said.

"Currently, we estimate the net oil pay is around 80 metres, with more drilling still to come this is very exciting for Carnarvon Petroleum.

"With multiple targets still left, the focus now is to complete the drilling program through the Baxter, Crespin and Milne Members.

In April we highlighted the possibility that the Dorado structure could contain a substantial oil accumulation. Given this outcome has now occurred, Carnarvon will make an assessment of and issue a revised volume estimate as soon as we possibly can once drilling operations have finished."

Annexure to Dorado Oil Discovery - Carnarvon Technical Summary

Wireline and formation evaluation tools have confirmed the presence of a hydrocarbon column in the Caley Member in the Dorado-1 well, with light oil recovered to surface.

An additional hydrocarbon accumulation has been observed in the Baxter Member, with drilling and evaluation still to be completed in that section of the well.

Drilling through the Caley Member, logging while drilling tools indicated a sandstone reservoir section with elevated gas readings and increased resistivity, indicating the presence of hydrocarbons. Given the significance of these results, it was decided to bring the proposed wireline program forward.

While drilling sufficient hole to accommodate the wireline logging tools, further reservoir sands were encountered in the Baxter Member with accompanying indications of hydrocarbons. At the completion of drilling, at around 4,050 metres Measured Depth, the well had yet to encounter water saturated sands and all sands were hydrocarbon charged.

The wireline logging tools have confirmed the well encountered a total gross Caley hydrocarbon package of 96.1 metres True Vertical Thickness ("TVT") with a net oil pay of 79.6 metres TVT.

Excellent reservoir characteristics were interpreted from the logging with average porosity of around 20% with hydrocarbon saturation of 82.5%.

Permeabilities ranged between 100 to 1,000 millidarcy in the Caley hydrocarbon zone.

The high quality of the reservoir was further reinforced by the rapid time taken to extract the oil samples and the high mobility recorded while undertaking formation testing.

A number of oil samples were extracted in the Caley sandstone interval with a very light oil being recovered to surface. Estimates of the oil characteristics from the rig indicate a 49.6deg API oil.

The pressure measurements undertaken with the wireline formation tester indicate a hydrocarbon column across the whole gross hydrocarbon bearing thickness of 96.1 metres TVT in the Caley. No water contact was encountered in the well indicating the total oil column could extend past the currently drilled extent of the well.

The combination of light oil and excellent reservoir characteristics support potential for high flow rates on production.

A further hydrocarbon accumulation in a sandstone in the Baxter Member was intersected towards the very bottom of the well. The wireline logging tools were not able to assess at this time whether this is part of the same accumulation or a new accumulation of oil. This sand is yet to be fully evaluated.

Following the completion of the wireline formation evaluation, the well will be deepened to approximately 4,550 metres MD to evaluate the newly discovered Baxter sand and the secondary targets in the Crespin and Milne. It is likely that a 7" liner will be set prior to drilling into the Crespin and Milne Members.

Notwithstanding that the prospective volumes for this well were indicated to be gas-condensate, the very light nature of the oil means that the two fluids show similar characteristics while drilling and hence the formation testing tool was required to differentiate between fluids.

Carnarvon had previously disclosed prospective resources for Dorado of 545 Bscf of gas and 30 million barrels of associated condensate (being 125 million barrels of oil equivalent ("boe"), gross, Pmean) on 23 April 2018.

On 30 April Carnarvon noted that there is a possibility for the structure to contain a substantial oil accumulation. Given the oil discovery outcome in this well, Carnarvon will issue a revised volume estimate as soon as it can following the completion of drilling, which will be a contingent resource of oil.

The prospective resources referred to above are prepared as at 23 April 2018 (Reference: CVN ASX release 23 April 2018). These prospective resources have been prepared in accordance with the definitions and guidelines set forth in the SPE-PRMS and have been prepared using probabilistic methods.

There are numerous uncertainties inherent in estimating reserves and resources, and in projecting future production, development expenditures, operating expenses and cash flows. Oil and gas reserve engineering and resource assessment must be recognised as a subjective process of estimating subsurface accumulations of oil and gas that cannot be measured in an exact way.

Prospective Resources are the estimated quantities of petroleum that may potentially be recovered by the application of a future development project and may relate to undiscovered accumulations. These prospective resource estimates have an associated risk of discovery and risk of development. Further exploration and appraisal is required to determine the existence of a significant quantity of potentially moveable hydrocarbons.
 
Carnarvon Petroleum         20% 

Quadrant Energy (Operator)  80% 


To view figures, please visit:
http://abnnewswire.net/lnk/8453PM4G

Investor inquiries:
Thomson Naude
Company Secretary
Phone: +61-8-9321-2665
Email: investor.relations@cvn.com.au

Media inquiries:
Luke Derbyshire
Managing Director, Spoke Corporate
Phone: +61-488-664-246
Email: luke@spokecorporate.com

Mithril Resources Limited (ASX:MTH) Kurnalpi Nickel Project Drilling Update

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Mithril Resources Ltd (the "Company") (ASX:MTH) advises that a Reverse Circulation drilling program to test a strong off hole EM conductor at its 100% owned Kurnalpi Nickel Project (located 70 kms north east of Kalgoorlie, WA - see Figures 1 in link below) is scheduled to commence during the first week of August 2018.

- RC drilling to test a strong off-hole EM conductor, gossan and disseminated nickel sulphides to commence first week of August 2018

Drilling undertaken by Mithril at the northern end of the project (in March 2018) confirmed the presence of nickel sulphide mineralisation with a 4-metre zone of gossanous weathered ultramafic and several other narrow intervals of disseminated nickel sulphide mineralisation intersected beneath a flat-lying zone of near-surface nickel - cobalt mineralisation.

Subsequent downhole EM geophysical surveying identified a strong off hole conductor lying adjacent to the sulphide mineralisation at approximately 150 metres depth (See ASX Announcement dated 20 April 2017).

The strength of the conductor is consistent with what could be expected from semi to massive sulphides and given its proximity to existing nickel sulphide mineralisation is a high priority drill target.

Up to three Reverse Circulation holes (750 metres in total) will be drilled as an initial test of the EM conductor, gossan and disseminated sulphide intercepts.

Statutory approvals to conduct the work have been received and Mithril will provide further updates when drilling commences.

To view figures, please visit:
http://abnnewswire.net/lnk/NX2513YX

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

Emmerson Resources Limited (ASX:ERM) Investor Update Presentation

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Emmerson Resources Limited (ASX:ERM) (OTCMKTS:EMMRF) provides the Company's latest Investor Update Presentation.

Emmerson - a unique gold and copper explorer... with a risk free strategy to ramp up gold production

- Tennant Creek Project restructured - sees Emmerson holding gold dominant projects and 2,600km2 of prospective gold tenements plus 100% of the small high grade gold mines

- Emmerson focussed on the potential of high grade cobalt, copper and gold projects in the northern project area (Jasper Hills, Edna Beryl and Mauretania)

- Exploration in Tennant Creek ongoing - drilling based on new AEM survey

- Third gold pour from the Tribute Area within the larger high grade Edna Beryl Gold Mine

- Emmerson has entered into a sale agreement of the Warrego ML with Territory Resources - to allow the construction of a modern CIP processing hub (Hub and Spoke model)

- Exploration and Mining JV under negotiation with Territory Resources ... will result in acceleration of discovery and production in the southern tenements

- Promising copper-gold discoveries at Whattling Hill and Wellington in NSW - exploration underway

To view the full presentation, please visit:
http://abnnewswire.net/lnk/F7648B82

For further information, please contact: 

Rob Bills
Managing Director and CEO
E: rbills@emmersonresources.com.au
T: +61-8-9381-7838
www.emmersonresources.com.au 

Media enquiries

Michael Vaughan, Fivemark Partners
E: michael.vaughan@fivemark.com.au
T: +61-422-602-720

Kingston Resources Limited (ASX:KSN) Investor Presentation - Noosa Mining Conference

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Kingston Resources Limited (ASX:KSN) provides the Company's latest Investor Presentation at Noosa Mining Conference, July 2018.

Overview

Flagship 2.8Moz Misima Gold Project in Papua New Guinea

- 1989-2004 Placer Pacific mined 3.7Moz Au and 22Moz Ag at a historical LOM cash cost of $US218/oz Au

- Decision to close made in 1999 due to low gold price. Significant value remains in-situ, with further upside from ongoing exploration

KSN also holds 75% share of highly prospective Livingstone Gold Project WA

Experienced board and management team

Well funded with $6m cash and receivables (project divestments)

Active works program ongoing in PNG and WA

- KSN earning 70% of Misima through exploration - a Nippon Metals & Mitsui JV (see Note below) hold other 30%

- Focused on growing and upgrading the Misima 2.8Moz JORC resource then Scoping Study

- Further drilling at Livingstone

Note: Misima JV partner is Pan Pacific Copper, owned by JX Nippon Metals and Mining (66%) and Mitsui Mining and Smelting (34%)

To view the full presentation, please visit:
http://abnnewswire.net/lnk/4AL38455

Kingston Resources Limited
T: +61-2-8021-7492
E: info@kingstonresources.com.au
WWW: www.kingstonresources.com.au

EnviroSuite Limited (ASX:EVS) Largest Ever Subscription

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Environmental management technology company Envirosuite Limited (ASX:EVS) ('Envirosuite' or 'the Company') is pleased to announce that further to the win with Sopraval announced 2 July 2018, it has obtained agreement for another new platform subscription in Chile, and that this represents the largest ever SaaS subscription in the Company's history.

Highlights

- Chilean agricultural giant Agrosuper to use Envirosuite as its environmental management system

- Annualised recurring revenue rate of A$324,000 represents Envirosuite's largest software subscription globally

- Ramps up Envirosuite's entry into the Latin American market

- Provides a high-profile case study for agricultural applications in other countries particularly in the USA

The client Agrosuper is an existing user of the Odowatch platform supplied through the Envirosuite Chilean office. Envirosuite will migrate Agrosuper's Odowatch system to the Envirosuite platform in the coming month, and during the next six-month period it intends to negotiate a longer-term agreement with Agrosuper. In the meantime, during this six-month period a charge of $27,000 per month will be made for the SaaS subscription (annualised rate of $324,000). The subscription will cover approximately one third of the client's breeding operations. There are no other material conditions.

Agrosuper is one of the world's largest agricultural groups, and is the biggest producer of pork products in Chile, accounting for more than 50% of the national market. It has over 3.5 million pigs across its locations. The platform will consist of the Environmental Compliance and Impact Modelling solutions and will enable the client to better monitor current environmental conditions and to anticipate and manage potential future impacts. The Incident Intelligence solution will also be used to help manage the client's interaction with the local community. A key factor for Agrosuper adopting Envirosuite is its ability to perform modelling across multiple sites of the client simultaneously.

Envirosuite CEO Peter White: "With both the Agrosuper and Sopraval projects announced in the last month, the value of the Envirosuite platform to the agriculture sector is further validated. The Company is very pleased with the progress made in Chile in a short period and will be looking at using this base to expand into the wastewater, mining and agriculture sectors in the Latin America region in the coming 12 months, as well as using these two projects as reference cases for agriculture opportunities globally".

EnviroSuite Limited
T: +61-7-3004-6400
E: enquiries@envirosuite.com
WWW: www.envirosuite.com

Blackham Resources Ltd (ASX:BLK) Operations Update and FY19 Guidance

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Blackham Resources Limited (ASX:BLK) (OTCMKTS:BKHRF) ("Blackham" or "the Company") is pleased to present an operational update for the June 2018 half at its 6.5Moz Matilda-Wiluna Gold Operation ("the Operation"). Resolution of the mine sequencing issues experienced in the Dec'17 half have enabled record gold production for the Jun'18 half of 40,024oz @ AISC A$1,294/oz (Dec'17 half: 30,541oz @ AISC A$2,063/oz) with mill feed comprising mainly higher grade run of mine ore and being less dependent on low grade stockpiles. Significant improvements were achieved to mill throughput (+12%) from continued debottlenecking of the crushing, milling and leaching circuits.

Highlights

- Operations generate positive cash flows again in the June quarter

- Record six months of gold production to Jun'18 of 40,024 oz (Dec'17 half: 30,541oz), a 31% increase on last half

o 1,012kt milled for the half (Dec'17 half: 822kt), a 23% increase on last half achieved through successful de-bottlenecking of the process plant

o Mill feed grade improved to 1.47g/t (Dec'17 half: 1.26g/t) due to processing more high grade ore, and less dependence on low grade stockpiles

o All in sustaining costs per ounce ("AISC") for the half were A$1,294/oz (Dec'17 half: A$2,063/oz) resulting from a step change in economics being achieved during the half. Excluding the impact of sustaining capex, which mainly comprised a tailings dam lift, AISC for the half was A$1,141/oz.

- Jun'18 Qtr gold production of 19,393oz (Mar'18 Qtr: 20,631oz), in line with previous quarter

o Record throughput of 535kt milled for the quarter (Mar'18 Qtr: 477kt), a 12% increase on last quarter

o Mill feed grade of 1.44g/t consistent with prior quarter (Mar'18 Qtr: 1.51g/t)

o Process recoveries reduced to 78.6% (Mar'18 Qtr: 89.4%) due to the main ore source being the transitional and fresh ore from the now completed M4 pit, a one-off isolated issue which was the primary constraint to achieving higher production in the quarter and half year, as well as increasing AISC

o Process recoveries in the first half of July are back above 90% due to the main ore source being oxide ore from the M1 and M2 pits

o AISC for the quarter of A$1,509/oz (Mar'18 Qtr: A$1,092/oz)

o Stripping ratio for the quarter increased to 8.8 times (Mar'18 Qtr: 3.9 times) representing an investment in next quarter's production and a large contributor to the higher AISC in the Jun'18 quarter

- Average realised gold price of A$1,685/oz for the half, and A$1,696/oz for the Jun '18 quarter

- Current gold forward sales contracts of 26,389oz @ A$1,742/oz over the next 8 months

- Net debt at 30 June 2018 reduced to $8.4m (31 March 2018: $10.4m)

o Cash and bullion of $23.9 million and secured debt of $32.3 million

- Production guidance for FY19 is 77k-89koz @ an AISC of A$1,250-$1,450/oz

Process recoveries reduced to 78.6% in the quarter (Mar'18 Qtr: 89.4%) due to the main ore source being the lower transitional and fresh ore from the now completed M4 pit. Process recoveries in the first half of July are back above 90% due to the main ore source being oxide ore from the M1 and M2 pits.

The lower processing recovery for the June quarter (now resolved in July) reduced gold production causing AISC to be slightly higher than guidance. Abnormally high sustaining capital expenditure (being A$153/oz for the half) was mainly for a tailings dam lift.

Production, Cost and Capital Guidance for FY19

Production guidance for FY19 is 77k-89koz @ an AISC of A$1,250-$1,450/oz. FY19 AISC is expected to be higher than Life of Mine AISC, particularly in the first half, due to the investment required to strip new mining areas in the M1 and M2 pits to maintain a high mill throughput. The second quarter will incur mobilisation costs of moving to the Wiluna open pits which are anticipated to underpin the long term future of the Operation. There is some flexibility in the timing and quantum of non-sustaining capital expenditure in FY19, which is currently estimated to be $3.3m for the Sep'18 quarter, comprising pre-production costs, reserve definition drilling, expansion studies and discretionary exploration expenditure, all of which represent an investment in current and future years' gold production.

Blackham's Executive Chairman, Mr Milan Jerkovic, said:

"The June half's operational results demonstrate significantly stronger production and a step change in the Operation's economics that commenced in December 2017. Record production and significantly reduced costs underpinned stronger operational cash flows for the half. The Company looks forward to increasing production in FY2019 as the Operation transitions to the Wiluna open pits"

The June 2018 Quarterly report is expected to be released on or around 26 July 2018 and it will contain a more detailed analysis of the quarter's production and costs.

To view figures, please visit:
http://abnnewswire.net/lnk/IN27LGR5

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

Chantelle O Sullivan
Media Relations
Citadel-MAGNUS
T: +61-8-6160-4900

Blackham Resources Ltd (ASX:BLK) Australian Gold Producer with Outstanding Growth Opportunity

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Blackham Resources Ltd (ASX:BLK) (OTCMKTS:BKHRF) provides the Company's latest presentation titled "Australian Gold Producer with Outstanding Growth Opportunity".

COMPANY OVERVIEW

- Gold production in Jun'18 half of 40,024oz at AISC of A$1,294/oz (US$961/oz)

- Free milling mine plan targeting 77k-89koz annual production at AISC of A$1,250-1,450/oz

- Drilling has advanced brownfield opportunities to strengthen and lengthen reserves - focussed on building a "rolling" five year free milling mine plan

- Operating cash flows improving balance sheet and funding growth opportunities

- 1.2Moz reserves with long mine life

- Outstanding long-term upside from dominant land position and 6.5Moz (65Mt @ 3.1g/t) resource base

COMPELLING INVESTMENT OPPORTUNITY

- Free-milling production plan delivering operational cashflow

- Balance sheet significantly strengthened over last 6 months ~ Net debt A$8M

- 1.2Moz reserves with long mine life

- Exploration programmes ongoing to strengthen and lengthen reserves -multiple targets in multiple mineralised systems

- Outstanding long-term upside from dominant land position and 6.5Moz (65Mt @ 3.1g/t) resource with well defined geology

To view the full presentation, please visit:
http://abnnewswire.net/lnk/UFS33O4J

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 Enquiries
Citadel Magnus
T: +61-8-6160-4901

Australian Bauxite Ltd (ASX:ABX) Letter of Intent with Aziz Group Bangladesh

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Australian Bauxite Limited (ASX:ABX) (ABx) is pleased to advise that Australian Bauxite Limited and Aziz Group of Bangladesh have successfully negotiated a Letter of Intent (LOI) over two important opportunities for bauxite sales and future business development.

Chemical Grade Bauxite

ABX have agreed to develop and supply Chemical Grade Bauxite for the manufacture of PAC (Polyaluminum Chloride) to be used in the treatment of industrial waste water.

Aziz Group are a chemical manufacturing, trading and marketing company in Bangladesh involved in a variety of chemical manufacturing industries and a long-established trading house with a broad base of customers and relationships.

Industrial waste water is a significant issue for Bangladesh industry and communities with large volumes of waste water needing to be treated and returned to the environment.

Australian Bauxite CEO, Mr. Ian Levy said; "We are delighted to be involved in this significant opportunity that will have a positive impact on the communities of Bangladesh, utilizing our bauxite which is known for its clean character and being free of deleterious elements. We also have a wide range of grades of bauxite to supply, including our Penrose bauxite which is more than 55% Al2O3 and very low in iron content."

Cement Grade Bauxite

Australian Bauxite Limited will be appointing Aziz Group of Bangladesh to be the ABx agent for marketing ABx Cement Grade Bauxite to Bangladesh.

The Bangladesh Cement Industry is undergoing significant growth and an excellent opportunity exists for ABx's ultra clean and cement specific Cement Grade Bauxite to provide a perfectly balanced blend of Aluminum, Iron and Silica to assist the Bangladesh Cement Industry produce high late strength cement.

CEO of Aziz Group Mr. Johnny Chowdhury said; "There is a real opportunity for our wellestablished trading and manufacturing relationships to be of significant support in the marketing of this specialized ABx Cement Grade Bauxite. We look forward to jointly developing a good market base for real supply opportunities."

To view figures, please visit:
http://abnnewswire.net/lnk/0764K5XB

Ian Levy
CEO and MD
Australian Bauxite Limited
Telephone: +61-2-9251-7177
Mobile: +61-407-189-122

Queensland Bauxite Ltd (ASX:QBL) Medical Cannabis Import and Export Licences Secured

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Queensland Bauxite Limited (ASX:QBL) is delighted to announce that Medcan Australia ("Medcan"), has now been issued with both an Import & Export Licence under the ODC (Office of Drug Control).

Highlights:

- ODC Import Licence secured

- ODC Export Licence secured

These licences now allow Medcan, subject to individual permit issue, the ability to capitalise on the significant international and local opportunities by both importing and exporting a wide range of Cannabis products including, but not limited to:

- Cultivars

- Dried flower finished products

- Full extract oil and tinctures finished products

- Medicinal cannabis products manufactured in Australia under a GMP Licence

- Medicinal cannabis products listed as export-only or registered in the ARTG

- Extracts of cannabis (or cannabis resin) manufactured under a Narcotic Drugs Act 1967 Licence that are not in the final dosage form

- The Canntab XR Pills produced in Canada

As previously announced, QBL has entered into an agreement to acquire 100% of Medcan.

Medcan Australia's CEO, Craig Cochran commented "We are extremely happy to add the import and export licences to our current suite of licences. This brings Medcan Australia another step closer to our vision of providing patient specific Medicinal Cannabis products to the people that need them most. It also allows us the ability to capitalise on various opportunities in the international market immediately."

Pnina Feldman, Executive Chairperson of QBL stated "We are very pleased to see the continued development of Medcan during this interim period. We continue to be impressed with the knowledge and professionalism of the Medcan team to have been one of the very few in Australia to have achieved the granting of all these valuable licences. We are confident that Medcan, together with our international network and dedicated and experienced team, will immediately be able to build on these achievements in the short term to create much shareholder wealth."

Queensland Bauxite Ltd
Tel: +61-2-9291-9000

For further information or any queries please email the Company at:
sfeldman@queenslandbauxite.com.au

Ardea Resources Ltd (ASX:ARL) Commences Mount Zephyr Gold Exploration Program

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Ardea Resources Limited (ASX:ARL) (OTCMKTS:ARRRF) ("Ardea" or "the Company") is pleased to announce it has commenced a gold exploration program on the highly-prospective Mount Zephyr Gold Project in WA's Eastern Goldfields, with targets currently being defined along the Mount Zephyr greenstone belt.

HIGHLIGHTS

- Main focus of current campaign is the Mount Zephyr greenstone belt

o Historic ca.1900 gold workings, however minimal modern gold exploration due to previous base metal focus

o New targets identified following recent structural analysis based on the Yamarna greenstone belt (Gruyere discovery)

- Ardea has identified the mineralisation-hosting Celia Lineament corridor over some 80km of strike controlled by the Company in soil covered areas through detailed gravity-magnetic surveys

- Interpretation of newly acquired geophysical data and integration and resampling of historic high-resolution data has yielded excellent results:

o Extension of the Gale granite-hosted gold prospect

o Extension of strike extent of gold-hosting BIF units along Dunn's Line from 5km to around 18km under soil cover.

- Intense alteration, brecciation and multi-phase veining occurs in the western extension at Gale above a newly recognised fault. Alteration style is typical of large-scale mineralisation events.

Historic gold prospects at Gale and along Dunn's Line have been confirmed in Ardea field programs, with a number of targets significantly expanded from their historic footprint as described in the Ardea Prospectus (November 2016), with several areas now considered highly prospective for gold mineralisation.

Ardea's gold programs are being run in parallel with the Company's Definitive Feasibility Study (DFS) programs at the flagship Goongarrie Nickel Cobalt Project (GNCP). Mt Zephyr will also be evaluated for nickel sulphide mineralisation, to further understand whether it can act as a compatible feed for a future GNCP autoclave.

Geophysics reveals enhanced gold prospectivity

Upon acquisition of Ardea's new, high-resolution aeromagnetic and ground gravity data at Mount Zephyr, a complete reinterpretation of the geology was undertaken. This is ongoing and will continue to be a work-in-progress as new data is acquired.

In areas of poor outcrop such as the Mount Zephyr greenstone belt, such data is used to redefine the geology and assist in the identification of potential targets for gold mineralisation.

The current programs (right-hand figure - see link below) demonstrate a dramatic improvement in structural definition, allowing the current field programs to be precisely targeted.

The primary focus is to target the ore-controlling Celia Lineament, hosting from north to south, the Mt Morgans-Jupiter, Wallaby, Sunrise Dam and Red October gold mining centres.

Ardea executive chair Katina Law said:

"We are extremely pleased to have work underway at Mt Zephyr which is highly prospective for gold mineralisation. This has been an area of interest since Ardea listed and while our primary corporate focus is developing the Goongarrie Nickel Cobalt Project, we believe that with modern exploration techniques Mt Zephyr will realise its full potential.

"With programs on the ground underway we aim to advance the project to a drilling program as soon as possible."

Gale

The Gale prospect is located on the eastern margin of the Mount Zephyr greenstone belt. It is hosted within an "internal" granitoid within the greenstones, as opposed to the regional granites slightly further eastward.

Gold mineralisation is documented from historic exploration, with RAB drill intercepts including 18 m @ 0.5 g/t Au from surface corresponding with alteration and oxidised pyrite mineralisation.

Previously, parallels have been drawn between mineralisation at Gale and the Jupiter gold deposit along strike to the south along the trend of the Celia Lineament.

Reinterpretation of geophysical data suggested extension of the internal granite further west of the historic drill programs. This was confirmed through on-ground checking, with the western extension corresponding to common, intense red-rock alteration and strong veining and brecciation.

This alteration is so intense that it has destroyed the original granitic texture and is typical of mineralised zones in other deposits. Whether these rocks contain gold is not yet known, but the textures observed are consistent with a mineralising event. Samples have been submitted for assay

Dunn's Line

Dunn's Line is a line of historic working along banded-iron formation (BIF) outcrops to the east of the Celia Shear Zone. The localised workings are distributed along around 4-5km of exposed BIF. Mining commenced in 1899, with grades between 5 and 90 g/t common from the Mount Zephyr mine.

On-ground examination of Dunn's Line in conjunction with geophysical data shows that all historic workings correspond to minor faulted offsets of the BIF. It seems that they correspond to NNE-trending faults along which there has been up to 50m of left-lateral (sinistral) apparent movement in the horizontal plane (comparable to the famed Mt Magnet "Boogardie Breaks"). Ardea will, in contrast to previous exploration efforts, target these breaks in the BIF units rather than targeting the boldly outcropping BIFs themselves.

Reinterpretation of geophysical data shows that the host BIF unit is far more extensive than outcrop suggests. It appears to extend for up to 18 km through various offsets and breaks, with most of this being under cover.

The broader architecture of the of the Mt Zephyr greenstone belt is felt to be comparable to that of the Yamarna greenstone belt. The Celia Lineament in the Dunn's Line area can be compared to the Yamarna Shear Zone, and parallel and further east, the Gale structures can be compared to the Dorothy Hills Shear Zone (which hosts the 5.9 Moz Gruyere discovery).

Upcoming Activities

Ardea is currently awaiting initial assay results from work undertaken at the Gale prospect and these will be released to the market upon the Company receiving final results.

Active field programs continue to procced and the Company is currently completing systematic soil and rock-chip geochemistry over defined targets ahead of drill-testing.

Geophysical interpretation of the greenstone belt is ongoing, with a series of new targets being defined. These will be ranked and explored accordingly.

Continued work will focus on Gale and Dunn's Line, with detailed mapping and sampling of the prospects ongoing and will define the distributions of historic drilling, workings, and various type of regolith cover to ensure that appropriate drilling and ground sampling techniques are used. This will provide Ardea the greatest chance of discovering large system gold mineralisation at these target areas.

For first-pass sampling, a combination of augur drilling, rock chip sampling, and soil sampling will be used to define the footprint of gold anomalism prior to RAB or RC drilling as appropriate.

To view figures, please visit:
http://abnnewswire.net/lnk/L24M2Y67

Ardea Resources Limited: 
Katina Law
Executive Chair, Ardea Resources
Tel: +61-8-6244-5136

Media or Investor Inquiries:
Michael Weir, Citadel Magnus
Tel: +61-8-6160-4900

OtherLevels Holdings Ltd (ASX:OLV) Selected to Maximise Conversion and Acquisition

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OtherLevels Holdings Limited (ASX:OLV) ("OtherLevels") has been selected by one of Australia's most iconic not-for-profit organisations to deliver increased website conversions and acquisitions. OtherLevels will create visitor conversion journeys using interstitial and web push messaging formats to engage with unknown visitors, and drive site re-visitation as well as conversion into known registered users. This will generate increased revenues for good causes, particularly improving the lives of young Australians.

Brendan O'Kane, the OtherLevels Managing Director, commented "We are very pleased to work with this organisation. OtherLevels partners with leading global lotteries, and understands the value of delivering great outcomes for good causes. We know the direct benefits of increasing visitor conversion and acquisition. The combination of web push and interstitial messaging will directly increase the number of known users leading to higher revenues, and reduce the expense of re-targeting site visitors using paid media."

O'Kane added "OtherLevels goal is help each and every client grow and retain their known audience across desktop, mobile web and app. This is another great example of how Intelligent Messaging can achieve that goal, and consequently increase revenues and reduce costs. It also confirms the opportunity to leverage our deep experience with global lotteries into further opportunities with organisations in Australia and the UK that operate licenced lotteries for good causes."

For more information, please visit http://otherlevels.com 

For media enquiries please contact media@otherlevels.com

Central Petroleum Limited (ASX:CTP) Latest Company Presentation

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Central Petroleum Limited (ASX:CTP) provides the Company's latest presentation at Noosa Mining & Exploration Conference.

CENTRAL'S STRATEGY

PHASE 1

- Northern Territory interconnected with east coast gas market via Northern Gas Pipeline (NGP) -commencement scheduled for late 2018

- Pipeline reform to mitigate pipeline transportation costs -COAG pipeline reforms are currently being implemented

- Upgrade of existing facilities in progress to be capable of processing 15.43 PJ/year of firm gas (net to Central) -commencement scheduled for late 2018

- 184% increase in gas sales following commencement of the NGP later this year

PHASE 2

- Aim was to prove up the Stairway and Ooraminna

- Increase recovery from Palm Valley -drilling PV-13

- WM-26 proved the Stairway to be gas bearing and the natural occurrence of fractures but the fractures are closed up by mineralisation. Further work required to determine best method to address mineralisation

- Develop ATP 2031 as soon as possible by drilling a 9 well programme in joint venture with Incitec Pivot Limited (Central free-carry) -targeting 15 to 20 PJ/year (gross) (7.5 to 10 PJ/year net to Central)

- Results of present programme will inform development plan needed to prove up Phase 2 reserves

To view the full presentation, please visit:
http://abnnewswire.net/lnk/LY22410Q

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

Cryptocurrency Exchange Binance.com (CRYPTO:BNB) Lists Ardor (CRYPTO:ARDR)

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Cryptocurrency Exchange Binance.com (CRYPTO:BNB) open trading for ARDR/BNB (CRYPTO:ARDR), ARDR/BTC and ARDR/ETH trading pairs. Users can now start depositing ARDR in preparation for trading.

Details:

Ardor is a blockchain-as-a-service-platform that evolved from the time-tested Nxt blockchain. It is currently successfully running on a main-net and was launched on 01.01.2018. The unique parent-child chain architecture of Ardor, with a single security chain and multiple transactional chains, enables three fundamental advantages - reducing blockchain bloat, providing multiple transactional tokens, and hosting ready-to-use interconnected blockchains. To kickstart the Ardor project and allow it to compete with the rapidly-growing blockchain market, the development team behind Nxt and Ardor decided to conduct a crowdsale for 50% of IGNIS - the token of Ignis, the first Ardor child chain. Jelurida will be the corporate entity that will be responsible for the development of Ardor and Nxt platform.

Max Supply: 998,999,495

Circulating Supply: 998,999,495

To view the Whitepaper, please visit:
http://abnnewswire.net/lnk/2IDS2D2K

Binance
E: market@binance.com
WWW: www.binance.com

Ardor
WWW: www.ardorplatform.org

Deep Yellow Limited (ASX:DYL) Corporate Investor Presentation - July 2018

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Deep Yellow Limited (ASX:DYL) (OTCMKTS:DYLLF) provides the Corporate Presentation to be given at the Sprott Natural Resources Symposium being held in Vancouver, Canada.

Major Reset over Past 18 Months

- World class leadership with proven track record in uranium

- Unique strategic alliance with Sprott Group established

- Capital structure consolidated

- Raised A$16.5M June 2017

- New strategic direction set and being implemented

- New prospective target zones, discoveries and significant resource expansion on Namibian projects

- Now on OTCQB platform giving real time trading opportunity to US investors with potential to significantly increase market penetration

- Low uranium price enhances opportunity for sector consolidation

To view the full presentation, please visit:
http://abnnewswire.net/lnk/Y11VNS70

John Borshoff
Managing Director/CEO
T: +61-8-9286-6999
F: +61-8-9286-6969
Email: john.borshoff@deepyellow.com.au
www.deepyellow.com.au

White Rock Minerals Ltd (ASX:WRM) Allotment of Shortfall Securities under Entitlement Offer

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White Rock Minerals Limited (ASX:WRM) (White Rock) advises that it has today completed the issue and allotment of 171,386,123 new fully paid ordinary shares in White Rock (New Shares) and 85,693,062 new unlisted options exercisable at $0.02 and expiring 26 March 2021 (New Options) as announced on 11 July 2018. The issue raised $1.71M before costs.

The New Shares and New Options were issued following the successful placement of the shortfall resulting from White Rock's non-renounceable pro rata entitlement offer announced on 21 March 2018. The placement was made to existing and new sophisticated and professional investors.

The proceeds will be used to advance exploration activities at White Rock's globally significant high-grade zinc VMS Red Mountain project and for general working capital requirements.

White Rock hereby gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act) to the ASX as follows:

1. The New Shares were issued by White Rock without disclosure being given to investors under Part 6D.2 of the Corporations Act.

2. As at the date of this notice, White Rock has complied with:

a) the provisions under Chapter 2M of the Corporations Act, as they apply to White Rock; and

b) section 674 of the Corporations Act, as it applies to White Rock.

3. As at the date of this notice, there is no "excluded information" as defined in sections 708A(7) and 708A(8) of the Corporations Act in relation to White Rock.

White Rock now has 1,636,457,861 fully paid ordinary shares and 570,602,353 unlisted options on issue following this issue and allotment of New Shares and New Options.

Matthew Gill (Managing Director & CEO)
Phone: +61-3-5331-4644

Shane Turner (Company Secretary)
Phone: +61-3-5331-4644
Email: info@whiterockminerals.com.au
Website: www.whiterockminerals.com.au

Byte Power Group Limited (ASX:BPG) Cryptocurrency Exchange Update

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Byte Power Group (ASX:BPG) is pleased to announce that it has received AUSTRAC registration approval as of today. Coinciding with this AUSTRAC approval, BPG intends to undertake a token generation event for the Byte Power X Loyalty Token (BPX Tokens). Attached is the investor presentation (see link below) in relation to the BPX Tokens. BPX Tokens are utility tokens relating to the loyalty program which provides a discount on commissions for users of the Byte Power X Cryptocurrency Exchange (Exchange).

Byte Power X Pty Ltd (Byte Power X), which is a fully owned subsidiary of Byte Power Pty Ltd, which in turn is a fully owned subsidiary of Byte Power Group Ltd. Byte Power X will own the Exchange. Byte Power X will initially focus on the cryptocurrency markets in Asia and Australia.

To view the presentation, please visit:
http://abnnewswire.net/lnk/W9I78P0S

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

MMJ PhytoTech Ltd (ASX:MMJ) Portfolio Update

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MMJ PhytoTech Limited (ASX:MMJ) (OTCMKTS:MMJJF) ("MMJ") provides an update on its current portfolio metrics as follows: (see link below)

MMJ's CEO Jason Conroy said that "Our portfolio update provides a snapshot of the key metrics for each of our investments and we will publish it periodically with any material changes. MMJ is targeting a realised multiple on invested capital, or 'MOIC', of around 2x within 12-18 months of making each investment."

To view tables, please visit:
http://abnnewswire.net/lnk/34Y0KPG5

Investor and Media Enquiries:
Jason Conroy
Chief Executive Officer
T: +61-2-8098-0819
E: jconroy@mmjphytotech.com.au
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