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SEEK Limited (ASX:SEK) Delivers Strong Underlying FY18 Result Alongside Investing for Future Growth

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SEEK Limited (ASX:SEK) (OTCMKTS:SKLTY) provides the Company's FY18 Full Year Results.

FY18 Key Highlights

Excl significant items: Revenue, EBITDA and underlying NPAT at top end of guidance

- Top end of guidance range: Revenue growth of 25%, EBITDA growth of 15%, Underlying NPAT(see Note 1 below) of c$230m

- Record FY18 dividends of 46 cents (5% growth vs pcp)

- Strong results reflect benefits of sustained investment and strategic execution

Asia Pacific & Americas (AP&A): Strong ANZ results & good momentum in Asia

- SEEK ANZ: Record financial results reflect benefits of sustained reinvestment

- SEEK Asia: Strong revenue momentum due to new initiatives and improving macro conditions

- LATAM: Challenging conditions and disappointing financial results led to impairment

SEEK Investments: Strong growth across the portfolio

- Zhaopin: Strong financial results and well positioned for long-term capital appreciation

- OES: Good underlying financial results and investing to grow new revenue streams

- ESVs: Strong growth in operating metrics and revenue reflects high growth potential

SEEK Limited ("SEEK") announced its results for 12 months ended 30 June 2018

- Reported Revenue of A$1,294.5m (FY17: A$1,039.7m)

- Reported EBITDA of A$432.8m (FY17: A$375.8m)

- Underlying NPAT (excl. significant items & Early Stage Ventures) of A$229.5m (FY17: A$220.8m)

- Reported NPAT of A$53.2m (FY18: A$147m of significant items, FY17: A$340.2m, which includes OES fair value gain of $138.7m and other one-off items)

Commenting on SEEK's last 12 months, SEEK CEO and Co-Founder Andrew Bassat said:

"SEEK is performing strongly across five out of six of our major headings. Our three biggest businesses, SEEK ANZ, SEEK Asia and Zhaopin are all travelling well. In particular, each business achieved strong H2 revenue growth which augurs well for FY19."

"We are disappointed with the performance of our LatAm businesses. We remain committed to these markets and hopeful greater strategic focus, resourcing under the AP&A structure and an improving economy can over time assist in turning around performance."

"OES is making good inroads into their strategic imperatives and is progressing well with the Western Sydney University partnership which commenced in early FY18."

"And finally our Early Stage Ventures are showing promising growth giving us confidence to invest more into some of these businesses and to make further similar investments."

"Overall, SEEK is performing at a high level which is validation that our strategic approach is the right one to grow shareholder value."

IMPAIRMENT OF LATAM BUSINESSES AND FAIR VALUE GAIN IN MAIMAI

SEEK will recognise the net impact of three key significant items totalling A$142m:

- Non-cash impairment charge against the carrying value of Brasil Online (impairment charge: A$119m) and OCC (SEEK share of impairment charge: A$59m)

- Non-cash fair value gain of A$36m on investment in Maimai (SEEK share)

ASIA, PACIFIC & AMERICAS (AP&A)

SEEK ANZ: Record EBITDA result despite continued investment

- Strong financial result with revenue growth of 16% and EBITDA growth of 18%

- Market leader with c36% of placements, lead of c7x times over our nearest competitor

SEEK Asia: Continued momentum in operational metrics and revenue growth

- Solid H2 Revenue result particularly across more mature markets

- Investment is delivering strong growth in operating metrics

Andrew Bassat commented,

"SEEK ANZ delivered strong results alongside continued investment. Reflecting the strength of the business, ANZ's revenue has increased by approximately 70% in the last four years. We remain very excited by ANZ's product roadmap and the short and long-term outlook."

"SEEK Asia is in an earlier stage of business model evolution. Early initiatives in sales, product and tech are delivering good results and alongside better macro conditions, this is leading to improving revenue results. We expect closer integration with ANZ to accelerate SEEK Asia's business model transition. SEEK Asia is well positioned to capitalise on the large market opportunities in a high growth region."

SEEK INVESTMENTS

Zhaopin: Strong revenue result alongside growth in market share

- Strong Revenue growth of 21% and strong growth in key operating metrics

OES: Good underlying financial results alongside strong student outcomes

- Investing to build a leading multi partner platform

ESVs: Continued investment to support rapid scale up of early stage businesses

- Strong revenue growth of 30% across the portfolio(see Note 2 below)

Andrew Bassat commented,

"Zhaopin has successfully evolved its business model which contributed to strong growth in operating metrics and revenue. The focus is to continue investing aggressively and capitalise on the enormous market opportunity in China. Led by CEO, Evan Guo and supported by SEEK we believe that Zhaopin is well placed for long-term growth."

"OES continues to successfully deliver excellent student outcomes to over 11,000 Australians, who are predominantly working adults. A key priority is to form new domestic and international partnerships to create new revenue streams."

"We are pleased with the progress of our early stage investments which as a portfolio grew revenue by 30%. A dedicated SEEK Investments team is focusing on new investment opportunities across the large headings of Human Capital Management and Online Education."

DIVIDENDS | 5% growth in FY18 dividends

- H2 18 dividend per share of 22 cents per share (growth of 5% vs pcp)

- Record total FY18 dividends of 46 cents (growth of 5% vs pcp)

- The final dividend will be paid on 4 October 2018 with a record date of 13 September 2018.

OUTLOOK | FY19 short term guidance

FY19 Guidance (excl. significant items)

- Revenue growth in the range of 16% to 20% (FY19 vs FY18) (see Note 3 below)

- EBITDA growth in the range of 5% to 8% (FY19 vs FY18) (see Note 3 below)

- Investments in Early Stage Ventures of approximately A$35m to $40m

- Reported NPAT (incl cost of investments in ESVs) to remain broadly similar to FY18 Reported NPAT

In conclusion Andrew Bassat commented,

"Our FY19 outlook for aggressive investment reflects our high conviction view that SEEK is well placed to capture large growth opportunities. We are looking to allocate approximately 80% of the increase in Group Opex and c70% of Group Capex into our largest and highest performing businesses being SEEK ANZ, Zhaopin and SEEK Asia. We are confident these businesses will deliver strong FY19 results and that the aggressive investment will underpin strong returns for long-term shareholders."

ANNUAL GENERAL MEETING

In accordance with ASX Listing Rule 3.13.1, SEEK Limited advises that its Annual General Meeting will be held in Melbourne, Victoria on 27 November 2018.

Notes:

1 Underlying NPAT defined as excluding significant items and before deducting investments in early stage growth options

2 Based on assumption of 100% ownership across FY18 and FY17 (SEEK Investment ESVs)

3 Includes consolidated early stage investments

To view FY18 Result Presentation, please visit:
http://abnnewswire.net/lnk/5OX81J8Y

To view Appendix 4E and Statutory Accounts, please visit:
http://abnnewswire.net/lnk/7PUY9M7L

Investors & Analysts
Steven Moran / Jeff Tang
SEEK Limited
T: +61-3-8517-4484 

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

SEEK Limited (ASX:SEK) Board Changes

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SEEK (ASX:SEK) (OTCMKTS:SKLTY) today confirms that its Chairman Neil Chatfield will retire on 31 December 2018. Neil's retirement was first advised to shareholders at SEEK's 2017 AGM. As part of the SEEK Board's ongoing renewal and succession process, the Board is pleased to announce that Graham Goldsmith will become SEEK's next Chairman.

Neil Chatfield commented,

"Having joined the Board following SEEK's successful IPO in 2005 and being Chairman since 2012, it has been a tremendous honour for me to be with the Company. SEEK has evolved and grown from an Australian based start-up to a highly successful global organisation. SEEK leads the market in world class solutions enabling job seekers and hirers to realise their ambitions. It has truly been inspiring to work with the SEEK founders, fellow Board members, executives and the whole of the SEEK team who have built such an iconic Australian company. In my role as Chairman, I have also enjoyed my time working with Andrew, who is one of Australia's pre-eminent founder CEOs."

"I want to congratulate Graham who is an outstanding non-executive Director with a deep understanding of SEEK. Having formed strong relationships with the SEEK team and having served as the Chair of the Audit and Risk Management Committee for the past 6 years, I know he will excel in the Chairman role", Neil Chatfield said.

Commenting on Neil's retirement and Graham's appointment as Chairman, Andrew Bassat, CEO and Co-Founder of SEEK said,

"I would like to thank Neil for his terrific contribution to SEEK. Neil joined the Board shortly after SEEK listed in 2005 and since that time, he has been a valuable sounding board. He has always found a great balance between being supportive of Management and providing appropriate challenge. Neil has applied his strong Executive and Board experience and served the SEEK Board with distinction in various roles including Chairman of SEEK, Chair of the Audit and Risk Management Committee and Chair of the Remuneration Committee. He will be missed, and I wish him all the best for his future endeavours."

"I would like to congratulate Graham on his appointment. I look forward to working with Graham where we will continue to leverage his world class financial and banking acumen to support SEEK's long-term growth aspirations."

Graham Goldsmith said,

"It is an honour to be appointed as the next Chairman of SEEK. Prior to joining the SEEK Board I had deep respect for the achievements of the SEEK team. Having been a Board Member since 2012, it has been a privilege to work alongside a world class Executive and Board team led by Andrew and Neil respectively. I would like to pay tribute to Neil for all of his accomplishments and thank him for his personal support and guidance over the years. I am looking forward to working with Andrew, his Executive team and fellow Board members in my new role as Chairman. SEEK has a very exciting future and I am very focused on supporting the business to achieve its full potential and on maintaining the trust of all our stakeholders."

Appointment of Michael Wachtel to the Board

SEEK is pleased to also announce the appointment of Michael Wachtel as a non-executive Director, effective from 1 September 2018.

Michael is currently a member of the Future Fund Board of Guardians, Chair of its Audit & Risk Committee and a member of its Remuneration Committee. In addition, Michael is currently a non-executive Director of the Australian Centre for the Moving Image and St Vincent's Medical Research Institute, and a past President of the International Fiscal Association.

He has extensive experience in organisational leadership, finance, risk management and governance, through various leadership roles in the professional services industry. His former roles included Chair (Asia Pacific & Oceania) of Ernst & Young (EY) and a member of the EY Global Governance Council and the Global Risk Executive Committee.

Michael has considerable global business experience gained from involvement in numerous large complex international transactions.

Commenting on the appointment, SEEK Chairman Neil Chatfield said, "We are delighted to welcome Michael to the SEEK Board. Michael's wealth of global experience will be invaluable to SEEK as it continues to expand internationally."

Investors & Analysts
Geoff Roberts / Jeff Tang
SEEK Limited
T: +61-3-8517-4484 

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

Intermin Resources Limited (ASX:IRC) Excellent Drilling Results from Binduli Gold Project

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Intermin Resources Limited (ASX:IRC) ("Intermin" or the "Company") is pleased to announce further excellent reverse circulation ("RC") drilling results from the 100% owned Binduli gold project, located 9km west of Kalgoorlie-Boulder in the heart of the Western Australian goldfields (see Figure 1 in link below).

HIGHLIGHTS

- Follow up resource definition drilling complete at the 100% owned Binduli gold project area, 9km west of Kalgoorlie in the Western Australian goldfields

- Final 1m split assay results from initial RC program(see Note 1 below) at the Crake prospect comprising 25 RC holes for 2,560m have now been received and include(see Note 2 below):

o 23m @ 4.16g/t Au from 61m including 3m @ 20.73g/t Au from 66m (BRC18020)

o 18m @ 3.13g/t Au from 70m (BRC18043)

o 5m @ 2.73g/t Au from 55m and 16m @ 1.32g/t Au from 73m (BRC18034)

o 11m @ 1.46g/t Au from 106m and 8m @ 2.51g/t Au from 124m (BRC18024)

o 15m @ 1.96g/t Au from 75m (BRC18029)

o 12m @ 1.75g/t Au from 45m (BRC18057)

o 1m @ 5.39g/t Au from 32m and 5m @ 3.01g/t Au from 41m (BRC18033)

- Initial 4m composite RC results from the follow-up drilling program include(see Note 2,3 below):

o 8m @ 3.22g/t Au from 100m (BRC18050)

o 8m @ 2.19g/t Au from 40m (BRC18065)

- Results show significant gold mineralisation over a 360m strike length and remains open along strike to the north and at depth

- Follow-up drilling continues at Crake with over 5,000m drilled to date and further results expected in the current September Quarter

- Additional 30 holes for 3,000m planned testing extensions along strike and at depth with drilling to commence in September 2018

- Detailed geological review completed with high priority targets generated at the Coote, Darter and Honeyeater prospects with first pass drilling to commence in the December Quarter

- Binduli now joins Teal, Anthill and Blister Dam as a key project area for resource expansion and testing for new discoveries

Commenting on the results of the Binduli program, Intermin Managing Director Mr Jon Price said:

"These latest results have confirmed previous assays and are starting to demonstrate the potential scale and quality of the Crake prospect. Step out drilling continues to deliver excellent width and grade and we will continue with aggressive extension drilling in coming months."

"The exploration team have done an excellent job at Crake and have now identified a further three high priority targets within the Binduli project area and we look forward to testing these targets in an area where little modern exploration has been undertaken."

Overview

In February 2018, Intermin commenced a self-funded $4M, 55,000m drilling program across its 100% owned Kalgoorlie gold projects. The major drill program is focussed on new discoveries and resource extensions at the key Teal, Anthill and Blister Dam gold projects.

In March 2018, the Binduli joint venture tenements were returned to Intermin on a 100% basis and an initial 5,000m of RC drilling commenced at the Crake prospect shortly thereafter.

Crake prospect

The geology at Crake is similar to the 390,000oz Janet Ivy open pit, located approximately 1,500m to the south, where the gold is hosted in a structurally controlled feldspar porphyry. At the nearby Fort William and Fort Scott open pits, where over 100,000oz have been produced to date, gold is hosted within sheared units of volcanics and clastic sediments.

The initial RC program at Crake consisted of 25 holes for 2,560m and was partially completed prior to the rig being relocated to Anthill at the end of June. Preliminary results for the first half of drilling were previously announced to the ASX on 10 July 2018. All of these 4m composite assays have now been finalised and are presented in Table 1 and Figure 2(see link below). The single metre splits confirmed the high grade hits such as 23m @ 4.16 g/t Au from 61m (BRC18020) and 18m @ 3.13 g/t Au from 70m (BRC18043)(see Note 2 below). Composite samples from six holes from the second half of the program have recently been received and are reported in Table 1(see link below).

New mineralisation has been discovered in BRC18018 (2m @ 1.05 g/t Au from 117m and 4m @ 2.33 g/t Au from 123m)1 and BRC18033 (1m @ 5.39 g/t Au from 32m, 1m @ 1.00 g/t Au from 36m and 5m @ 3.01 g/t Au from 41m)1 and confirms the southern area of Crake has excellent resource potential at depth and shallow mineralisation to the north. Much of the historic drilling appears to be too localised.

Two validation holes including BRC18043 (18m @ 3.13 g/t Au from 70m) were twinned against the historic hole IPC131 (20m @ 6.67 g/t Au from 66m)1. The second twin hole was BRC18053 (12m @ 1.75 g/t Au from 45m)1 with the historic hole IPC092 (8m @ 1.93 g/t Au from 51m). The comparison data is required for JORC reporting guidelines. The difference in results highlights the effects of coarse gold and grade variability (see Figures 2, 3 and 4 in link below).

The drilling has focussed on a variably altered pink porphyry with minor amounts of pyrite and magnetite. Higher grades usually coincide with stronger pyrite mineralisation (up to 3% by volume). There is little correlation of gold and magnetite. The high grade zones appear promising with several new areas now identified. Recent drilling has now extended the Crake mineralisation strike length from 250m to >360m.

Next Steps

Given the excellent results from the initial drilling, Intermin plans to complete a 30 hole/3,000m follow-up program designed to infill and extend the mineralisation. Drilling will commence in the September Quarter with first results expected early in the December Quarter. A maiden resource will then be compiled and is expected to be completed and released late in the December Quarter.

In addition, Intermin has recently visited several historic prospects at Binduli (see Figure 5 in link below). These include Coote which is only 700m west of Crake and also appears to be directly along strike from the Janet Ivy open cut mine. Historic results from Coote include 5m @ 19.62 g/t Au and 12m @ 2.33 g/t Au(see Note 4 below). Darter is located 1,600m north along strike from Crake and has recorded highly encouraging mineralisation such as 20m @ 2.85 g/t Au. Further north at Honeyeater, there are historic RC hits such as 1m @ 175 g/t Au and 17m @ 2.06 g/t Au(see Note 4 below). Most of these areas have not been subjected to adequate drilling and have considerable upside potential.

Given the strong width and grades at these prospects, shallow depth and prospective geological settings, Intermin plans to conduct a dedicated, first pass RC program in the December Quarter with a view to quickly establishing new resources and build up the gold profile of the emerging Teal-Binduli gold camp.

Notes:

1 as announced to the ASX on 10 July 2018

2 see Table 1 on Page 5, Competent Persons Statements on Page 7, Forward Looking Statement on Page 9 and JORC Tables on Page 10

3 denotes 4m composites only with 1m split assays yet to be received

4 As announced to the ASX on 27 November 2017 and 16 January 2018, some historic data sourced from historic data bases from previous owners

To view tables and figures, please visit:
http://abnnewswire.net/lnk/OCRTTH3Z

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

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

DroneShield Ltd (ASX:DRO) Receipt of R&D Grant Payment

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DroneShield Ltd (ASX:DRO) (OTCMKTS:DRSHF) (the "Company") is pleased to announce that it has received approximately $400,000 from the Australian Government by way of the R&D Tax Incentive payment in relation to the Company's 2017 activities.

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

Ardiden Ltd (ASX:ADV) Appointment of Non-Executive Director

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Ardiden Limited ("ADV" or the "Company") (ASX:ADV) is pleased to announce the appointment of Pauline Gately as a Non-Executive Director.

Ms Gately has more than 20 years' experience in international investment banking, specialising in the Asian region, where she held senior positions with CitiBank, BNP International, Merrill Lynch, BZW Asia and the Asian Development Bank in the areas of research, economics and investment strategy.

Ms Gately currently serves as the Executive Chairperson of SGX listed Alliance Mineral Assets Ltd, a 50% joint venture partner in the Bald Hill Lithium-Tantalum Project in Western Australia, which recently commenced production. Ms Gately joined Alliance Mineral Assets in 2011 and has been instrumental in driving the progress of Bald Hill through various feasibility studies, the joint venture with Tawana Resources, and into production.

Neil Hackett, Non-Executive Chairman of Ardiden, said the appointment of Ms Gately, coming shortly after the appointment of experienced geologist Peter Spitalny as a Non-Executive Director, further strengthened Ardiden's Board, bringing a wealth of skills and experience.

"Ms Gately brings a valuable combination of capital markets and lithium development experience. These strengths will be invaluable as we progress our flagship Seymour Lake Lithium Project in Canada."

Investors:
Brad Boyle
Ardiden Ltd 
Tel: +61-8-6245-2050

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

Lake Resources NL (ASX:LKE) to Drill Cauchari Project - Updated - Adjoins Resource of World Class Lithium Brine Project

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Argentine-focused lithium exploration / development company Lake Resources NL (ASX:LKE) is pleased to announce that it will shortly commence drilling at its 100%-owned Cauchari Lithium Brine Project. Lake's Cauchari project adjoins the world-class Cauchari lithium brine projects of SQM/Lithium Americas, soon to be Lithium Americas/Gangfeng, with an indicated resource of 8.7 Mt LCE lithium and an additional measured resource of 3 Mt LCE lithium and the Cauchari resource of Orocobre/Advantage Lithium with an inferred resource of 3.0 Mt LCE lithium brine projects (*1). Lake originally secured the 18,000 hectare Olaroz-Cauchari leases in early 2016 and is the only ASX junior exploration company with a large lease area in this world class lithium brine province.

- Lithium Americas Corp drilled immediately next to Lake's Cauchari West lease (see image and location of drill hole) - Updated with additional disclosures

- Targeting same aquifers as SQM/Lithium Americas and Orocobre/Advantage Lithium

- Drill locations are likely extensions of the third party Cauchari resources - an indicated resource 8.7 Mt LCE lithium of SQM/Lithium Americas with an additional measured resource of 3 Mt LCE lithium - and the inferred resource of 3 Mt LCE lithium of Orocobre/Advantage Lithium (*1).

- Third party drill results on the adjoining project include 600mg/L lithium with high flow rates (*2).

- LKE expects these known high grade lithium brines to extend into its leases

- Gangfeng Lithium has increased its ownership of the adjoining Cauchari Lithium Project of Lithium Americas and promised increased US$100 million funding for development aiming for production in just over 2 years (*3).

- LKE has a drilling rig secured - mobilising to site within 4 weeks

- Lake holds 100% and secure title on 18,000 Ha Olaroz -Cauchari Lithium Projects

Lake will commence drilling at its Cauchari West project (see figures 1 & 2 in link below) with drill locations on the margins of SQM/Lithium Americas project (soon to be Lithium Americas/Gangfeng and Orocobre/Advantage Lithium's project where results include 600mg/L lithium with high flow rates on the immediate lease boundary (*2). Lake expects these high grade lithium brines to extend into its leases.

A drilling rig has been secured and barring any unforeseen delays, drilling is targeted to commence at the end of next month. Lake is fortunate to have secured a rig given high exploration activity in the area.

Managing Director Stephen Promnitz said: "Lake's Cauchari lease has all the hallmarks of being another large-scale lithium brine project located in a world-class lithium brine basin. We believe that the same brines as SQM/Lithium Americas and Orocobre/AAL projects extend into our leases. This is supported by the recent increased investment by Gangfeng Lithium in the adjoining project. Lake applied for these leases in early 2016, before the value of the adjoining brine projects were crystallised. Cauchari West, which has a strike length of 11km, and is nearly 2000 hectares in size, is an outstanding prospect and we are looking forward to commencing drilling."

"Systematically, we are advancing with the development of our large 100%-owned lithium projects and have lots of optionality in the asset base. Exploration at Kachi is ongoing and interest in the project from battery manufacturers and the lithium supply chain is high. The drilling of Cauchari is very likely to be a major value event for Lake and we look forward to keeping shareholders updated on progress."

"Lake's Chairman and Managing Director recently advanced discussions in China and Japan with major players in the growing lithium supply chain for cathodes used in electric vehicle batteries. Unlike some recent commentary regarding oversupply the interest level and demand was high. Strong and ongoing interest continues for both project development funding and offtake from major participants."

Footnotes:

(*1): The Cauchari project resource estimates of lithium carbonate equivalent (LCE) are from SQM/Lithium Americas (11.8 Mt LCE) and Orocobre/Advantage Lithium (3.0 Mt LCE). Lithium Americas Corp (LAC:TSX) updated their Cauchari indicated resource estimate of 8.7 Mt of Lithium Carbonate Equivalent (LCE) at an average grade of 570 mg/L lithium with an additional measured resource of 3 Mt LCE at 630 mg/L lithium in a release dated 18 June 2012 and 24 July 2012 prepared by their Qualified Persons Mark King, Roger Kelley and Daron Abbey, as defined in the NI 43-101 technical report. Orocobre/Advantage Lithium announced their updated Cauchari inferred resource estimate of 3 Mt of Lithium Carbonate Equivalent (LCE) at an average grade of 450 mg/L lithium, dated 29 June 2018 on the TSX (CVE:AAL) and dated 2 July 2018 on the ASX (ASX:ORE), prepared by Mr Frits Reidel, a "Qualified Person" as defined in the NI 43-101 technical report.

(*2): Drill results released by Orocobre (ASX:ORE) from their market releases on the ASX on 18 April 2018 and 29 June 2018.

(*3): Information released by Lithium Americas Corp (TSE:LAC) from their market releases on the TSX on 13 August 2018.

To view figures, please visit:
http://abnnewswire.net/lnk/3L74E59R

Steve Promnitz
Managing Director
Lake Resources N.L.
T: +61-2-9188-7864
E: steve@lakeresources.com.au

Environmental Clean Technologies Ltd (ASX:ECT) India Project Update

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Environmental Clean Technologies Limited (ASX:ECT) (ECT or Company) entered a Trading Halt on Friday 10 August 2018, and subsequent Voluntary Suspension on Tuesday 14 August 2018 to allow it to confer with its project partners, NLC India Limited (NLCIL) and NMDC Limited (NMDC) to prepare the following update.

Key points:

- Project Agreement targeted financial close has been extended to 31 October 2018

- NLCIL have requested an extension to the current Project Agreement sunset date of 31 August 2018, to allow further time to complete their review and approval process.

- Delays at NLCIL stem from transition of three key executive Board members, Chairman-Managing Director, Director of Projects and Planning, and Director of Mines

- NMDC have confirmed readiness to finalise approvals subject to NLCIL completing their review and approval

- Parallel activities in support of project commencement continue, including:

o Further refinement of Matmor retort engineering to support detailed design

o Continuation of site & civil engineering preparations

o Commencement of value engineering program with Indian firm Geofiny

o Recruitment of project personnel

o Preparation and establishment of the Project Control Committee

o Establishment of the Project Steering Committee with weekly joint meetings

On 30 May 2018, the project partners signed a project agreement with NLCIL and NMDC for the largestever joint R&D collaboration between Australia and India.

The project agreement set the framework for the preparation and execution of detailed sub-agreements (Research Collaboration Agreement or RCA) which will govern the implementation of the R&D phase and set the basis for articulation to the commercial phase following successful R&D outcomes.

Given the first-of-a-kind nature of the technologies and the project, the Company has managed the uncertainties around changes in timeframes by providing ongoing guidance based on information at hand, with subsequent updates if there is a material change.

The Company provided guidance in its announcement on 27 July 2018, noting:

Recent guidance received from NLCIL and NMDC has revised the outlook, with estimates indicating financial close is likely to conclude around 21 - 25 August.

Last Thursday (9 August), after market close (7:30 pm AEST) the Company met with NLCIL and NMDC to assess progress against this target.

At that meeting NLCIL raised the need for further time to comply with its internal review and approval processes, noting it would not be in a position to table the RCA at its Board meeting, scheduled for 14 August 2018.

The delay was due to longer than anticipated lead times caused by the transition of new personnel into the roles of Chairman-Managing Director, Director, Projects and Planning and Director of Mines.

The Project Agreement signed on 30 May 2018 contained a sunset date of 31 August. NLCIL requested the sunset date be extended.

The Company is pleased to advise that NMDC have confirmed they will convene a Board meeting and submit the RCA for approval, immediately following confirmation of NLCIL's completion of its necessary review and approval process.

Both NMDC and NLCIL agreed to release a joint statement with ECT in support of the project highlighting that all partners are consistent in their support notwithstanding the differences that each may have with internal processes and compliance requirements.

Director Technical at NMDC, Mr Narendra K Nanda stated, "NMDC are conscious of the timeframe for implementation of this important project and remain ready, willing and able to finalise approvals as soon as possible. It is essential that all project partners are able to complete their necessary internal processes such that the project, once started, can proceed with minimal interruption. All parties have made efforts to ensure that parallel processes such as engineering, site works, and establishment of the Project Control Committee continue to progress so that the overall project remains on track."

Incoming Director of Projects & Planning at NLCIL, Mr NMM Rao noted that, "The ECT project is an important project for NLCIL. We are diligently working on the finalisation of all documents and arrangements for financial close and expect this to be completed as soon as possible. We have also commenced preparations to begin site clearance and continue geological survey activities ahead of full project mobilisation."

ECT Chairman Mr Glenn Fozard travelled to Chennai and Hyderabad to sign the Project Agreement extension and discuss measures to ensure that the parties can adhere to the new timeline, adding "We understand that both our partners, while eager to commence this world-first project, are subject to complex and rigorous day-to-day requirements of a large Indian Government Public Sector Undertaking (PSU). The scale of these large Indian organisations is incredibly complex to manage so the additional challenge of transitioning a significant number of Executive Director roles has made it difficult for NLCIL to be able to co-ordinate adequate resources to meet the 31 August timeline.

"After meeting CMD Rakesh Kumar and Director Rao and discussing at length the importance of ensuring we progress this project, I am confident that the intent of all parties is to develop our project through to completion in line with the commercial terms as outlined in the Project Agreement.

"Whilst of little comfort in the short term to ECT shareholders, we understand that we are attempting to progress a world-first project for two innovative technologies with two large Indian companies in one of the most dynamic markets.

"Our hunger for progress is reflective of how important this project is to the future development of our business - a future that is greater than 10 years. In the past, ECT has failed to deliver projects through to completion. We are now undertaking an unprecedented project that entails layers of complexity - building a first-of-a-kind plant, in a foreign country, with two government owned partners.

"We are necessarily backing our partners, as good partners with long-term ambitions should, to collaboratively drive, facilitate or support solutions, through all the challenges that may come.

"On a personal level, I have no doubt we are on the right path in aligning our long-term interests with India. There is no doubt that India is the place to be and represents to Australian trade and business what China offered to us 15-20 years ago. We appreciate our shareholders strong support as we pursue demonstration on the global stage, as a prelude to the incredible value that Matmor and Coldry can deliver internationally."

As noted, parallel activities continue in support of project commencement following financial close, including:

o Further refinement of Matmor retort engineering to support detailed design

o Continuation of site & civil engineering preparations

o Commencement of value engineering program with Indian firm Geofiny

o Recruitment of project personnel

o Preparation and establishment of Project Control Committee

o Establishment of Project Steering Committee with weekly joint meetings

The Company will provide further updates and guidance in due course and has requested the current Voluntary Suspension be lifted.

IABCA Award - Excellence in Innovation

ECTs progress in India has been recognised recently through the Company's announcement as a finalist in the Excellence in Innovation category for the Australia-India Business and Community Awards (AIBCA).

The annual India Australia Business & Community Awards have been a flagship event in the Australian- Indian business calendar since 2013.

IABCA raises awareness of Indians in Australia and Australians in India, in a way that encourages further growth in relations between the two countries.

The IABCA initiative directly contributes to the Australia-India objectives of promoting a broader and deeper relationship between the two countries providing a platform for recognition of these success stories to Indian decision-makers.

The Awards feature high-profile patrons including Australia's Prime Minister, Malcolm Turnbull and India's Consul General to Australia, Dr Gondane.

Finalists Showcase Friday 31 August 2018

The Finalists showcase event with fellow finalists, dignitaries, parliamentarians and the IABCA panel will be hosted on Friday 31 August at an intimate invite-only event at the Australian National Maritime Museum in Sydney.

Winner to be announced on Friday 12 October 2018

IABCA winners will be revealed on Friday 12 October at the Gala event at Brisbane City Hall in the presence of His Excellency, Dr Gondane, High Commissioner of India to Australia.

ECT Chairman Glenn Fozard, who will be representing the Company at both events, commented "It's an honour to be selected as a Finalist for this year's award. We've worked hard to build relationships at the highest levels within two of India's leading PSU's and look forward to taking our innovative Coldry-Matmor project forward with them.

"Platforms such as the AIBCA help recognise that effort and promote it to a broader audience."

Details on the awards are available at http://www.iabca.com.au/

About Coldry

When applied to lignite and some sub-bituminous coals, the Coldry beneficiation process produces a black coal equivalent (BCE) in the form of pellets. Coldry pellets have equal or superior energy value to many black coals and produce lower CO2 emissions than raw lignite.

About MATMOR

The MATMOR process has the potential to revolutionise primary iron making.

MATMOR is a simple, low cost, low emission production technology, utilising the patented MATMOR retort, which enables the use of cheaper feedstocks to produce primary iron.

About the India R&D Project

The India project is aimed at advancing the Company's Coldry and Matmor technologies to demonstration and pilot scale, respectively, on the path to commercial deployment.

ECT has partnered with NLC India Limited and NMDC Limited to jointly fund and execute the project.

NLC India Limited is India's national lignite authority, largest lignite miner and largest lignite-based electricity generator.

NMDC Limited is India's national iron ore authority.

To view figures, please visit:
http://abnnewswire.net/lnk/Q5MN9895

Glenn Fozard
Chairman
Environmental Clean Technologies Ltd
E: info@ectltd.com.au
WWW: www.ectltd.com.au

FINANCE VIDEO: Lithium Australia (ASX:LIT) Leveraging the Lithium Production Cycle

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Lithium Australia (ASX:LIT) is perhaps best known for its SiLeach(R) hydrometallurgical technology. SiLeach(R) is an alternative to the more common method of converting lithium concentrate to a lithium carbonate via processes that involve energy-intensive roasting.

While SiLeach(R) remains the cornerstone of Lithium Australia's business strategy (first lithium carbonate production from the pilot plant is expected by 2020), the company recently expanded its business model to embrace other aspects of the lithium production cycle. This involves the following.

Sadisdorf lithium project - located in Germany, the project is being advanced towards a scoping study (4Q18). The plan is to process hard-rock lithium ore from Sadisdorf into a lithium carbonate concentrate using SiLeach(R).

VSPC Ltd - a wholly-owned subsidiary of Lithium Australia, VSPC uses proprietary nanotechnology to convert lithium carbonate into a more valuable product: lithium cathode material.

RCARC Ltd - having identified an escalating need for more, and better, recycling of lithium-ion batteries, Lithium Australia subsidiary RCARC aims to recover not only lithium but also other valuable energy metals (including copper, nickel and, most notably, cobalt) from such batteries at the end of their useful life.

Analyst comments: Demand for lithium and other energy metals is now well documented and shows no signs of slowing down. Much of that demand relates to the manufacture of electric vehicles, as well the need for storage of renewable energy, both of which are burgeoning in light of somewhat aggressive government emission targets globally.

At present, investors' exposure to the lithium sector relates mostly to mining ventures that aim, ultimately, to produce and market lithium concentrate. Currently that product sells for between US$500 and US$800 a tonne.

Lithium Australia is taking a different approach: controlling the lithium production cycle right from the mine site (Sadisdorf), through production of lithium concentrate (SiLeach(R)) to, finally, the production and sale of more valuable cathode materials (VSPC) direct to battery manufacturers.

Overall, this strategy reduces Lithium Australia's risk profile, since it need not rely on the success of its SiLeach(R) technology alone. Nor need it rely on third-party agreements for source material, which further enhances its autonomy.

To view the video, please visit:
http://www.abnnewswire.net/press/en/94225/LIT

Adam Kiley
Director
TSI Capital Pty Ltd
E: adam.kiley@tsicapital.com.au 

Hastings Technology Metals Ltd (ASX:HAS) Completion of Capital Raise

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Hastings Technology Metals Ltd (Hastings or Company) (ASX:HAS) is pleased to advise that it has completed the capital raising announced on 6 August 2018, raising $13,978,231, before costs.

The Company has issued 66,563,708 new ordinary shares under LR7.1 at a price of 21 cents per share.

The funds will be used for further development of the Yangibana rare earths project, and in particular to enable the order of the long lead time equipment for the processing plant, being the rotary kiln and the sulphuric acid plant.

Mr Charles Lew
Executive Chairman
T: +65-62209220

Mr Guy Robertson 
Finance Director
T: +61-407-983-270

Fluence Corporation Ltd (ASX:FLC) Awarded First Aspiral(TM) Project in the Philippines

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Fluence Corporation Limited (ASX:FLC) (OTCMKTS:EMFGF) is pleased to announce that it secured a contract for the first deployment of the Company's packaged wastewater treatment plant in the Philippines. The project consists of two (2) Aspiral(TM) Smart Packaged wastewater treatment units that will be commissioned within three months.

- Smart Packaged Aspiral(TM) system will serve a residential development in Manila

- New geographic market for the MABR-based solution

- Short implementation timeline, commissioning expected within 3 months

The contract is for the supply and installation of two Fluence Aspiral(TM) L units at a residential development located in Manila. The Aspiral(TM) system will be custom-designed to treat this specific effluent, and the units in tandem will treat 400 m3/day to the stringent specifications required.

Fluence is already negotiating additional opportunities with this client for further collaboration in the region. The customer chose Fluence for this project due to the high reliability, lower energy consumption, low maintenance and small footprint of its custom, decentralized, Smart Packaged wastewater treatment solutions.

Commenting on this project, Fluence Managing Director & CEO Henry Charrabé said: "This first Aspiral(TM) system in the Philippines is another important step towards our goal of the global proliferation of our smart packaged treatment systems. This contract should open other local opportunities for Fluence's MABR-based wastewater treatment solutions, a phenomenon we also observed in China, Israel and the United States. The numerous advantages of the Smart Packaged Aspiral(TM) solution, including advanced nutrient removal and a minimal footprint, are increasingly evident to clients looking for efficient and reliable ways to solve their wastewater challenges."

Corporate: 
Henry Charrabé (USA)
Managing Director & CEO
E: hcharrabe@fluencecorp.com
P: +1-212-572-3766 

Richard Irving (USA)
Executive Chairman
E: rirving@fluencecorp.com
P: +1-408-382-9790 

Ross Kennedy (Australia)
Company Secretary & Advisor to the Board
E: rkennedy@fluencecorp.com
P: +61-409-524-442

Investors (Australia):
Ronn Bechler
Market Eye
E: ronn.bechler@marketeye.com.au
P: +61-400-009-774

Media (Australia):
Tristan Everett
Market Eye
E: tristan.everett@marketeye.com.au
P: +61-403-789-096 

Investors & media (USA):
Gary Dvorchak, CFA
The Blueshirt Group
E: gary@blueshirtgroup.com
P: +1-323-240-5796 (US) or +86-138-1079-1480 (China)

Investigator Resources Ltd (ASX:IVR) Corporate Update

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With the current activity and focus of Investigator Resources Limited (ASX:IVR), a mutual decision has been made for Mr John Anderson to step down from his long-term role of Managing Director and CEO. Mr Anderson has been the face of Investigator for over a decade, from its inception as Southern Uranium, to the discovery and delineation of the Paris Silver Project. Mr Anderson's engagement will terminate on September 28, following a long-planned and overdue European holiday.

The Board of Investigator wishes to thank John for his unwavering determination to add value through discovery and is grateful for the application of his knowledge and support during his tenure.

An executive search has been commenced to secure a new Managing Director. In the interim Mr Andrew McIlwain who was appointed as a Non-Executive of Investigator in June this year, will be Acting CEO effective immediately. Remuneration for Mr McIlwain during the period he is the Acting CEO will total $200k per annum, inclusive of current director's fees.

Mr McIlwain has extensive knowledge and experience in the minerals industry and has led teams that have developed new mines both domestically and internationally. Mr McIlwain has senior level board experience including corporate development, strategic planning, asset acquisitions, corporate finance, project development and stakeholder relations. He has served on the board of various ASX, AIM and TSXV listed companies and currently serves as Non-executive Chairman of Emmerson Resources Limited (ASX:ERM).

Andrew said: "John has built a great foundation for Investigator with the significant discovery of the Paris deposit. We have an opportunity to sensibly bring value accretive assets into the portfolio and diversify Investigator's risk. I look forward to assisting the Board in delivering value to Investigator shareholders".

REVIEW OF CORPORATE STRATEGY

The Board of Directors of Investigator Resources Limited has completed a review of the corporate strategy and management structure of the Company, principally due to the challenges of raising capital to financing high risk exploration from traditional sources in the current market. Generally speaking Investigator has specialised in grass-roots exploration for mainstream Tier 1 metallic commodities. This strategy depends upon a high level of technical expertise and the ability to source funds comfortable with the high implied geological risk. The current IVR property portfolio, entirely within South Australia, reflects this strategy and the attendant high risk. It has been successful to the extent that it resulted in the discovery of the Paris Silver Deposit in 2011 but lacks appeal in the current equity market.

The Board believes a change in direction is needed to better position the Company to succeed in a challenging financing environment and announces the following initiatives:

- Paris Silver Project

The Paris Silver Prospect is the key asset of the Company and provides significant upside to the silver market. A JORC compliant resource of 42 million ounces of silver positions Paris as one of the best undeveloped silver projects in Australia.

Work is continuing to investigate opportunities to improve metallurgical recoveries, with focus upon a better understanding of the geological and chemical domains of the mineralisation.

Review of this work should be completed next week and the future for the Paris Deposit defined.

- Maslins IOCG Target

Maslins is a high profile IOCG target located on the Stuart Shelf. Magneto-Telluric surveys by Geoscience Australia and proprietary data compiled by Investigator has defined a drillable target realistically analogous to Olympic Dam. This potential has attracted interest from several parties and discussions are in progress with the objective of drill testing Maslins in the final quarter of 2018.

It is anticipated that Investigator should be in a position to announce the outcome of these discussions in coming weeks.

- Regional Exploration

A review of the Company's exploration assets is currently underway and a rationalisation of the property portfolio will ensue over the next two quarters.

- Project Generation

The Company aims to acquire a high-profile advanced exploration project by the end of 2018. No restriction is as to commodity focus or jurisdiction is currently defined. Considering the supportive shareholder base, sufficient available cash and the augmented corporate capacity in the Board and management to advance other opportunities, a number of projects have been offered independently to Investigator over the past three months. These, and other opportunities will continue to be reviewed.

Mr Andrew McIlwain
Chief Executive Officer
Investigator Resources Limited
E: info@investres.com.au
T: +61-8-7325-2222

Alt Resources Ltd (ASX:ARS) Maiden Gold Resource Increased at Bottle Creek

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Alt Resources Ltd (ASX:ARS) (Alt or 'the Company') is pleased to advise a maiden JORC compliant Mineral Resource estimate for the Emu and Southwark deposits, at Alt's Bottle Creek Gold Project of 1.65Mt @ 2.1 g/t Au, for 109,500 oz gold (see Table 1 in link below), including 1.55Mt @ 13.0 g/t Ag for 0.65 Moz silver. This constitutes the first modern resource for the Bottle Creek Project, and the first resource estimate undertaken by Alt Resources within its larger Mt Ida Gold Project. The Mt Ida Gold Project is rapidly evolving into a promising gold hub, with multiple exploration and mining targets throughout the vicinity. In combination with existing Mineral Resources within the Mt Ida Gold Project, at the Quinns and Mt Ida South projects, Alt's combined Mineral Resource Inventory now stands at 2.8 Mt @ 2.25 g/t Au, for 206,800 oz Au(see Note below). See Appendix 1 (see link below) for a summary of the existing Mt Ida Project resources.

HIGHLIGHTS:

- Maiden JORC Resource estimate for Emu and Southwark deposits at Bottle Creek; 109,500 oz Au and 650,000 oz Ag

- Greater Mt Ida Project combined resource inventory now stands at 2.8Mt @ 2.25 g/t Au for 206,800 oz Au and 650,000 oz Ag

- 70,000 oz Au in Indicated category

- Maiden Resource produced within 6 months of project acquisition, at a discovery cost of $9.80 per ounce

- Emu and Southwark Resource delivers approximately 12,000 oz Au per 100m of ground covered, with only 900m of strike length covered

- Resource includes 11,690 m of new RC drilling across the un-mined Emu and Southwark deposits

- High degree of confidence achieved in 11,890m historical drilling

- Second stage of RC Drilling extends strike length to 1.6 km

- Results from second stage drilling will be incorporated in an updated resource estimate

- Drilling to commence beneath the VB and Boags pits, testing mineralisation potential at depth

- Laterite drilling program to commence in coming weeks

- Mine planning, pit optimisation underway, and metallurgical study commissioned, ahead of Pre-Feasibility Study

- RC and Diamond drilling will continue through the remainder of 2018 and 2019 to test extensions

The Emu and Southwark Mineral Resources are based in an area measuring 9.96 ha, with a strike length of 1.4 km (see Figure 1 in link below). There is significant growth potential outside of these zones based on known gold mineralised extensions to the north, south and at depth. Further potential exists between the Emu and Southwark deposits, which are 500m apart along strike. The Maiden Emu and Southwark Mineral Resource delivers approximately 12,000 oz Au per 100m of ground along the defined mineralised trend. Of this trend, only 900m of strike length has been covered thus far, therefore significant exploration potential remains.

The resource includes 11,692 m of Alt's new drilling as well as 11,887 m of historical drilling. 65 % of the resource estimate is in the higher confidence Indicated category (70,000 oz Au), with the remainder classified as Inferred. The cut-off grade for the Mineral Resource calculation was 0.5 g/t Au.

Alt CEO, James Anderson, commented, "The Company focus now is to deliver JORC compliant resource ounces as quickly and as cost effectively as possible. Everything we undertake moving forward is to progress the Mt Ida project to a mass that will support a processing plant for a minimum of 5-6 years. This Maiden Resource at Emu and Southwark is an excellent result in the first instance and we have demonstrated the quality of the Bottle Creek Project.

The most significant takeaway from this Maiden Resource is how many ounces we have delivered per 100 metres of ground covered and the cost per resource ounce. It is important to keep in mind that Bottle Creek mineralisation stretches over 7-8 kilometres of undeveloped strike. The mineralisation along this strike length is largely from surface and the success of the historical operation suggests the project is amenable to open pit mining of oxide ore. Everyone has done a great job delivering this Maiden Resource and for our investors it is only the start; there will be a lot more to look forward to as we progress this project."

Mineral Resource Estimate

Project Location and Geology

The Bottle Creek Gold Project lies 100 km north east of Menzies in the Mt Ida gold belt (see Figure 2 in link below). The gold mine is located on the northern extremity of the Mt Ida-Ularring greenstone belt extending from Davyhurst to Mt Alexander (see Figure 2 in link below). The Ularring greenstone belt forms the western part of the Norseman-Wiluna Province of the Yilgarn Craton. The location of mineralisation and local geology, is shown in Figure 3(see link below). Locally, gold and silver mineralisation is hosted in carbonaceous, sulphidic shales, within a larger package of interbedded basaltic volcanics, sediments and ultramafic rocks. The area is tightly folded and metamorphosed, with intrusion of younger dolerite dykes (Robertson, 2003). Mineralisation at Bottle Creek occurs over a strike length of 11km, running north-west-south east and is interpreted to be nearly vertical, to steeply west-dipping.

Bottle Creek Drilling and Assay Summary

Alt commenced RC drilling at Bottle Creek in March 2018, completing a first phase program of 11,692 m (140 drillholes) in May 2018. This drilling forms the basis of the JORC Mineral Resource. Full details of this drilling, including comprehensive reporting of assay results and intersections for all Alt drillholes used in the Resource have been previously reported. A listing of relevant ASX announcements is provided in Appendix 2(see link below).

Alt's drilling at Bottle Creek extends for approximately 1.4 km north-north-west/south-south-east. The main mineralised zones at Southwark and Emu are drilled on 25 m spaced sections, with Alt's new drilling infilling the historical drill fence spacing to between 10 and 25 m. Drillholes on the sections are 1 to 20 m apart. This density of drilling provides an excellent opportunity for constraint on geological and mineralisation interpretations.

2018 Bottle Creek Maiden Resource Estimation

Alt Resources employed the services of Jorvik Resources to undertake the Maiden JORC Mineral Resource Estimation for the Bottle Creek Gold Project. The Mineral Resource incorporates all drilling data undertaken by Alt Resources up to the 2nd May, 2018, as well as historical drilling conducted by Electrolytic Zinc Company and Norgold Ltd between 1985 and 1989. The combined drillhole dataset includes 23,532m metres drilled over 342 RC and 15 DD holes. Table 1 (see link below) gives the summary Mineral Resource Estimate for the Bottle Creek.

This Mineral Resource Estimate is the Maiden Resource for Alt Resources. Bottle Creek is a brownfields project that has not been worked since 1989. The resource is reported in accordance with the guidelines of the 2012 Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC, 2012).

Classification of the resource estimate, as described below, is based principally on data density, geological confidence criteria and representativeness of sampling. The in situ mineral resource is constrained by the mineralisation domain boundaries.

Assumptions and Methodology

This Mineral Resource estimate is based on a number of factors and assumptions:

- All of the available drilling data was used to define and model the mineralised domains for Au.

- Only Diamond, RC and Air Core drilling data was used for the Mineral Resource estimation. Historical RAB holes were not used in the Mineral Resource estimation due to sample quality.

- The recent Alt drilling has had all collar positions surveyed. A detailed topographic surface was available for the EMU deposit. Historical drill hole collars were registered to this surface. At Southwark a topographic surface was generated from the surveyed drillholes and used to register the historical drill collars. The survey control for collar positions was considered adequate for the purposes of this study.

- The mineralised domains were interpreted from the drilling data by Alt in Micromine software. This string interpretation was modelled in 3D by Jorvik using Vulcan software. Mineralised domains and weathering surfaces were modelled and used to flag the density and grade sample data for statistical analysis and estimation.

- A review of the quality assurance and quality control (QAQC) data was completed. The QAQC program included company standards, duplicate samples and blanks. Overall, data quality was deemed satisfactory for the current Mineral Resource classification.

- Statistical and geostatistical analysis was carried out on drilling data composited to one metre downhole. This included variography to model spatial continuity in the geological domains.

- A block model was constructed using 10 m x 10 m x 10 m parent cells covering the extent of Emu and Southwark (see Figure 6 in link below).

- The Ordinary Kriging interpolation method was used for the estimation of Au using variogram parameters defined from the geostatistical analysis. Top cutting was used in selected domains to reduce the influence of outlier composite samples.

- A subset of the Au data also has Ag assays. There is a poor correlation between Au and Ag. Ag was estimated into the model using Ordinary Kriging and the same parameters as those used for Au. No top cutting of Ag values was applied.

- Dry Bulk Density ("density") was assigned by material type. Density values were derived from measured values included in the drilling database.

The mineralised envelope was wireframed using both geological logging information and assay data for Au (g/t). The Mineral Resource has been divided up into discrete deposits at Southwark and Emu. Figure 6 (see link below) shows the calculated block model for Southwark and Emu. The block model is coloured by grade as shown in the legend. This image demonstrates the high-grade core present within the main lodes at both Emu and Southwark (pink-red colours), with peripheral structures or mineralised stringers forming the bulk of lower grade material (yellow-green-blue).

Mineral Resource Statement

The resource estimates are classified in accordance with the Australasian Code for Reporting of Identified Mineral Resources and Ore Reserves (JORC, 2012).

The Emu and Southwark Mineral Resource estimate was completed by Stephen Godfrey, Senior Resource Geologist with Jorvik Resources, who is a member of the Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists. Mr Godfrey has sufficient and relevant experience in modelling and resource estimation be considered a "Competent Person" as defined by the JORC Code (2012).

The classification was considered appropriate on the basis of drill hole spacing, sample interval, geological interpretation and representativeness of all available assay data. The primary lodes of the Emu resource are classified as Indicated. The minor Emu lodes are classified as Inferred due to insufficient sampling and/or geological continuity. The Southwark deposit is classified as Inferred. Drilling and sampling data are adequate but increased geological complexity reduces the confidence in the interpretation. The areas of laterite overlaying both deposits have been classified as Indicated.

The resource is based on an Ordinary Kriging interpolated block model. The Resource is subdivided by deposit, mineralised domains and material type. Table 2 (see link below) reports the gold Mineral Resource at a 0.5 g/t Au lower cut off. Table 3 (see link below) reports the silver Mineral Resource contained within the gold Resource in Table 2 (see link below).

Progressing Towards Development

Alt Resources is committed to advancing the Bottle Creek Gold Project towards development. A number of technical studies are currently underway to facilitate this goal, including mine planning and pit optimisation, as well as metallurgy.

Consistent with the Corporate Strategy to fast track the Bottle Creek Project, Alt has commenced Metallurgical and Flowsheet Development to establish an operation capable of processing an initial ~500ktpa ore with potential to expand in the future. The Company has engaged METS Engineering to review all historical documentation from the Bottle Creek gold plant and cost the Metallurgical Testwork and Flowsheet development.

Alt has also engaged Minecomp Kalgoorlie to commence the Mine Plan and Pit Optimisations for the pre-stripped Emu deposit and the Southwark deposit. On completion, the Mine Plan will be submitted to the Department to commence the approval process.

Alt has focused on realising the Company's vision of expanding existing Mt Ida JORC Resources and making new discoveries in the Mt Ida Gold Belt. We are moving towards our goal of establishing a central gold production hub at the Bottle Creek mine site.

Note: See Quinns and Mt Ida South Mineral Resource Inventory in ARS ASX Announcement, 16th January, 2018: http://www.abnnewswire.net/press/en/91683/

To view tables and figures, please visit:
http://abnnewswire.net/lnk/715J4BR7

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

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

Lake Resources NL (ASX:LKE) Boardroom Media Interview

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Argentine-focused lithium exploration and project development company Lake Resources NL (ASX:LKE) advises that Managing Director, Mr Steve Promnitz, has spoken with Boardroom Media today to discuss the Company's exploration and development plans for its 100%-owned Cauchari Lithium Brine Project in Jujuy Province, Argentina.

The interview can be found at:
http://www.abnnewswire.net/lnk/2P7US2KZ

Steve Promnitz
Managing Director
Lake Resources N.L.
T: +61-2-9188-7864
E: steve@lakeresources.com.au

WiseTech Global Ltd (ASX:WTC) Acquires US Intermodal Trucking TMS Provider, Trinium

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Global logistics solutions group, WiseTech Global (ASX:WTC) (OTCMKTS:WTCHF), today announced the acquisition of Trinium Technologies, a leading provider of intermodal trucking transportation management systems (TMS) in the United States and Canada.

Headquartered in Los Angeles, Trinium offers a complete enterprise TMS for the efficient movement of sea freight containers between port terminals, inland rail terminals, container yards and warehouses. Trinium's leading product, Trinium-TMS, enables companies to completely automate their processes from order receipt, through customer service, dispatch operations, billing and driver settlements. Trinium also provides container tracking functionality through its integration with dozens of marine terminal and rail systems throughout the US and Canada.

With over 185 trucking customers including Horizon Freight System, NFI Industries, California Cartage Companies, ContainerPort Group, Schneider Logistics Transportation, The Pasha Group, and many other logistics providers.

WiseTech Global Founder and CEO, Richard White, said "Trinium enables specialised road transport for the first and last mile container movement required on every international shipment, which is a highly specialised transport process distinct from general road freight. With its valuable experience in containerised road transport, extensive port connections, well-regarded leadership team, and highly scalable, asset-based enterprise solution, Trinium is an important further addition to our cargo chain ecosystem. Together we will leverage our global reach and powerful development capacity to scale up our broader TMS offering globally, building out the eco-system further, and providing ever more productive and integrated solutions to customers across the supply chain."

Trinium's long-time Managing Director, Michael Thomas, said "Trinium has been providing quality enterprise solutions for intermodal truckers for 17 years, assisting customers in driving real productivity improvements in their operations. Joining the WiseTech Global group will help us take our TMS into markets adjacent to trucking as well as across the globe. With WiseTech, we have an opportunity to innovate and automate at a faster pace and future-proof our applications. This is an important next step for us and our valuable customers."

Remaining under the leadership of Michael Thomas, with Chief Technology Officer, Barry Assadi, and VP Sales & Marketing, Dennis Lane, Trinium will continue to deliver innovative solutions directly to customers across the US and Canada, and potentially to the 7,000 logistics providers across the world who utilise WiseTech's integrated supply chain execution solutions including its flagship, CargoWise One.

Across 130 countries, CargoWise One enables logistics service providers to execute highly complex transactions in areas such as freight forwarding, customs clearance, warehousing, shipping, tracking, land transport, e-commerce, and cross-border compliance and to manage their operations on one database across multiple users, functions, countries, languages and currencies.

This transaction follows WiseTech's other recent logistics solutions acquisitions in Argentina, Australasia, Belgium, Brazil, Canada, France, Germany, Ireland, Italy, the Netherlands, North America, Spain, Taiwan, Turkey and Uruguay, and is in line with WiseTech Global's clearly stated strategy of accelerating long-term organic growth through targeted, valuable acquisitions.

About Trinium Technologies

Founded in 2001, Trinium Technologies is a leading provider of enterprise software for intermodal trucking companies and fuel distributors. Its applications enable companies to improve productivity, reduce costs, grow revenue, and improve customer service.

Trinium's leading product, Trinium-TMS, enables companies to automate their processes from order receipt, through customer service, dispatch operations, billing and driver settlements. Trinium provides container tracking functionality through its integration with dozens of marine terminal and rail systems throughout the US and Canada. Trinium-TMS is used by intermodal truckers of all sizes ranging from 10 drivers to over 1,000 drivers, with customers including Horizon Freight System, NFI Industries, California Cartage Companies, ContainerPort Group, Schneider Logistics Transportation, The Pasha Group, and many other logistics providers. Trinium also provides a complete enterprise fuel software solution for fuel marketers, distributors, and cardlock operators. The application enables its users to automate their business processes from order to cash. Customers include SC Fuels, Pilot Thomas Logistics, WTG Fuels, Jubitz, and many others.

Headquartered in Los Angeles, Trinium has a team of over 40, together providing considerable transportation, fuel, and technical expertise.

For more information about Trinium, visit http://triniumtech.com

Media
Piers Shervington
T: +61-2-8001-2200
E: piers.shervington@wisetechglobal.com

Impact Minerals Limited (ASX:IPT) Completion of Sale of Pilbara Gold Project to Pacton Gold

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Impact Minerals Limited (ASX:IPT) (OTCMKTS:IPPTF) is pleased to announce that it has now completed the Share Sale Agreement for sale of the Company's Pilbara gold project to Pacton Gold Incorporated as announced to the ASX on May 29th 2018.

Under the terms of the Share Sale Agreement, Pacton has purchased a 100% ownership interest in Impact's wholly owned subsidiary Drummond East Pty Limited which holds seven 100% owned granted Exploration Licences in the Pilbara region of Western Australia (E45/4971-72-73; E46/1171-72; and E46/1188-89).

The total consideration to be paid by Pacton to Impact for the purchase will be CAD$350,000 and 2,125,000 common shares of Pacton as follows:

- CAD$25,000 on signing of the Letter of Intent (completed);

- CAD$325,000 and 2,125,000 common shares (current value CAD$1.06 million) in Pacton Gold Inc (subject to a four month escrow period from date of issue);

- CAD$500,000 if an Inferred Resource of 250,000 ounces or greater is discovered on the licences;

- A 2% NSR with Pacton retaining the right to buy back 1% of the royalty for CAD$500,000 at anytime.

This transaction is only subject to the approval of the TSX Venture Exchange which is now in progress.

Impact also will provide on-going technical advice to Pacton's team and looks forward to working with them as exploration in the Pilbara progresses. Pacton has a strong business plan for its exploration in the Pilbara and is well funded following a recent CAD$5.5 million raising including CAD$2 million from Eric Sprott, a major direct and indirect shareholder in Novo Resources Corporation.

Impact is focusing its exploration for conglomerate-hosted gold at the Blackridge Project located 30 km north of Clermont in central Queensland where Impact has an option to acquire 95% of an advanced project with previous production of about 185,000 ounces of gold from small shafts and related underground workings.

In addition Impact has an adjacent 100% owned application for an Exploration Licence and together the project area covers 23 kilometres of strike and 37 square kilometres of prospective basal conglomerate of Permian age.

Further details on the production and previous exploration at Blackridge were reported to the ASX on May 29th 2018.

Over the past two months Impact has advanced the grant of its Exploration Licence as well as the grant of four Mining Lease applications all of which include Native Title and Land Owner Access agreements. These should progress to completion in the next Quarter.

A review and synthesis of previous exploration data at Blackridge is also on-going. In addition compilation of previous production data and historical maps from the early 1900's is in progress to more accurately assess the likely positions of the richer portions and palaeochannels of the Blackridge gold field. Once complete, areas will be selected for detailed mapping and bulk sampling.

COMPLIANCE STATEMENT

This release does not contain any new Exploration Results or information not previously released.

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

Queensland Bauxite Ltd (ASX:QBL) to Acquire International Health Food Brands

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The Board of Queensland Bauxite Limited (ASX:QBL) (or "the Company") is pleased to advise that it has entered into a Heads of Agreement with Sebastian and Samuel Edwards (HHC) to acquire their Health Food Brands.

Sebastian & Samuel Edwards are the owners and directors of Hemp Hulling Co (HHC), of which QBL's subsidiary Medical Cannabis Limited (MCL) owns 55%. The business relationship between QBL/MCL and HHC and the Edwards family has developed significantly during 2018. The expertise and work ethic of the Edwards family on behalf of the development of MCL has been impressive.

Seb & Sam Edwards are the founders of Organic Markets Direct (OMD), a major wholesaler of health foods that include Hemp Seed products, Chia Seeds, Green Leaf Stevia, Cacao, Buckwheat, Brown Rice and other well known health foods.

The Edwards have established Australian & International brands EM Super Foods, Australian Grown Naturals (AGN), Black Bag and OMD. These brands are 100% owned by T12 Holdings Pty Ltd, and should assist significantly in the distribution and production of QBL/MCL's suite of nutritional hemp products.

Organic Markets Direct via brands AGN & OMD, are Australia's largest exporter of Chia Seeds (Australian Grown) into Vietnam, Singapore and Hong Kong. MCL now has direct access to these markets, through this new deal with the Edwards brothers.

QBL, in discussion with the Edwards, felt the time was right that these brands are merged with QBL/MCL, and create one large Health & Wellness Food group underpinned by QBL/MCL's expanding hemp business. This is a true whole-food collective of street market knowledge, corporate knowledge and experience. This newly combined group has a common passion for Australian grown and selective high-end imported health foods.

The terms of the acquisition is an issue of 21,621,622 QBL shares in return for 100% of the shares in T12 Holdings Pty Ltd. This acquisition is subject to shareholder approval to be sought at the upcoming shareholder meeting.

QBL prides itself on connecting dots, finding the right people to enhance its core values, who can produce profits and are motivated to continually do it better. With this new acquisition/merger QBL/MCL have connected with an entire hard-working family, which includes Peter Edwards from VitaHemp. A solid foundation has now been firmly established for QBL/MCL, creating an infrastructure which is now primed for expansion into the burgeoning multi-billion dollar Health Foods market in Australia.

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

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

Core Exploration Ltd (ASX:CXO) New Exploration Intersections Add to Finniss Potential

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Emerging Australian lithium developer, Core Exploration Ltd (ASX:CXO) ("Core" or the "Company"), is pleased to announce new exploration drill results from Carlton and Hang Gong, which are located on mining tenure located within 1.5km from the Grants Lithium Deposit, that demonstrate the significant potential to expand and define substantial additional lithium resources at the Finniss Lithium Project in the Northern Territory ("Finniss") through exploration drilling.

HIGHLIGHTS

- New high grade spodumene pegmatite intersections in recent exploration drilling demonstrate the potential to grow the existing resource base at the 100% owned Finniss Lithium Project;

- Intersections at Carlton Prospect include:

o 16m @ 1.79% Li2O from 84m (NRC015) including:

-- 8m @ 2.16% Li2O from 85m

o 21m @ 0.89% Li2O from 113m (NRC027)

- Carlton located within the area of Grants Mining Licence (ML), only 1km from Grants;

- Drill results at Hang Gong Prospect located on granted ML and 1.5km from Grants highlights potential for shallow-dipping, multiple stacked pegmatites and include:

o 11m @ 1.34% Li2O from 97m (NRC018) including;

-- 6m @ 1.9% Li2O from 98m

o 17m @ 0.97% Li2O from 90m (NRC024) including:

-- 1m @ 2.67% Li2O at 92m;

- Results expected throughout remainder of 2018 from continuing exploration and resource expansion drilling programs at Finniss Lithium Project.

The Finniss Lithium Project comprises over 500km2 of granted tenements near Darwin over the Bynoe Pegmatite Field. Results have confirmed that ore grade lithium mineralisation is widespread within the Finniss Project and Core's drilling in 2018 is aimed at substantially growing the Mineral Resource base to underpin a potential long-life lithium mining and production operation.

Core is focussed on completing a Definitive Feasibility Study (DFS) later this year for the development of mining and producing high quality lithium concentrate from the Finniss Project, and is aiming to complete regulatory approvals, financing and internal approvals, before commencing production at Grants by the end of 2019.

The Finniss Lithium Project has substantial infrastructure advantages supporting the Project's development; being close to grid power, gas and rail and within easy trucking distance by sealed road to Darwin Port - Australia's nearest port to Asia.

Commenting on the exploration results, Core Managing Director, Stephen Biggins said:

"These exploration results demonstrate the huge potential of the Finniss Lithium Project that we are yet to realise. The remainder of 2018 is shaping up to be a very busy one for Core as we continue to progress Grants towards development whilst continuing drilling to grow the existing resource base at Grants and BP33 as well as maintaining an aggressive exploration program to continue to identify prospects such as Carlton and Hang Gong."

Regional Drilling Results

Carlton Prospect

Five RC holes drilled in 2018 by Core at Carlton have consistently defined a spodumene pegmatite over a strike length of at least 200m.

Carlton is defined at surface by a shallow, 200m long and 15m-wide pit, mined historically for tin and tantalum.

Core's recent drilling demonstrates that the Carlton spodumene pegmatite body dips gently to the east and, importantly, continues in the subsurface to the south, almost certainly beyond the historic pit workings (see Figures 1 & 2 in link below).

While it appears to be only 10m true width within the pit, drilling suggests it thickens down-dip and to the south, to be 15m true width within NRC015 and 20m in NRC027. The assay data also indicates that grade improves down-dip and to the south (analogous to the nearby Grants Resource).

Highlights include drillhole NRC015, which intersected 16m @ 1.8% Li2O from 84m downhole, right at the southern tip of the pit indicating that the pegmatite increases in grade and continues further south (see Figure 2 in link below). The best assays results include:

- 16m @ 1.79% Li2O from 84m (NRC015)

o Including 8m @ 2.16% Li2O from 85m

- 21m @ 0.89% Li2O from 113m (NRC027)

Some of the holes also intersected weathered pegmatite up-hole to the east, opening up the possibility that there are other concealed pegmatites close to the currently identified main body at Carlton. The orientation of these cannot be confirmed at present, but they are likely to be intersected in the follow-up holes.

Hang Gong Prospect

Seven RC drillhole have been recently completed in the greater Hang Gong area aimed at testing an exploration model focusing on shallow-dipping stacked pegmatites (see Figure 3 in link below).

Previous RC drilling by Core and Liontown Resources in 2017 had focused on testing the obvious steep bodies in the area such as the historic Hang Gong pit. However, several of those drillholes, when reviewed subsequently in 3D suggests there were bodies of 10-15m thickness that had a sub-horizontal to shallow (
Core's recent drilling has supported this model as almost all of the holes that reached target depth intersected a 5-20m thick pegmatite at a similar RL that fitted a model for a tabular body dipping at 20 degrees to the north (see Figure 3 in link below).

The best intersections include:

- 11m @ 1.34% Li2O from 97m (NRC018)

o Including 6m @ 1.9% Li2O from 98m

- 17m @ 0.97% Li2O from 90m (NRC024)

o Including 1m @ 2.67% Li2O at 92m

Core is now undertaking a follow-up program to test this concept more broadly in an area of interest covers at least 500m x 1,000m within the Hang Gong ML and adjacent Grants ML Application. The objective is to construct a wireframe around the intersections that can be reliably correlated, and to also identify if there are multiple stacked bodies, as the surface geology suggests.

Far West and other prospects

A further 7 RC holes were drilled at Far West Central and far West North, testing down-dip and along-strike from some of the better intersections of 2016. These results are of similar quantum to earlier holes and confirm that there remains potential for a bulk-style deposit in the Far West belt, which stretches over 1 km, immediately SW of the proposed Grants pit.

Results include:

- 12m @ 1.17% Li2O from 78m (FRC139)

- Cumulative 28m intersection averaging 1.25% Li2O from 77m (FRC143) including:

o 14m @ 1.35% Li2O from 77m

o and 8m @ 1.27% Li2O from 110m

o and 2m @ 0.77% Li2O from 127m

o and 4m @ 1.09% Li2O from 136m

- 7m @ 1.41% Li2O from 77m (FRC145)

Assays from sterilisation drilling of the proposed waste dump area and core material from geotechnical holes around Grants was also returned, with no significant intersections.

Drilling down-dip at the Highland Prospect did not encounter significant widths of pegmatite or lithium grades.

Next Steps - Exploration and Resource Expansion Drilling 2018

Regional exploration, follow-up and resource definition and expansion drilling continues at the Finniss Project through 2018.

Regional exploration prospects that are planned to be RC drilled in coming weeks include Carlton, Hang Gong, Booths, Lees and Sandras (see Figure 4 and 5 in link below).

Resource expansion drilling continues at Grants and update results from recent drilling at BP33 are expected shortly.

To view tables and figures, please visit:
http://abnnewswire.net/lnk/ZD50S80L

For further information please contact: 

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

For Media and Broker queries: 

Andrew Rowell
Director - Investor Relations
Cannings Purple
M: +61-400-466-226
E: arowell@canningspurple.com.au

Revolution Metals to Present at the China Gold Technology Forum August 27

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Revolution Metals, an Australian public company with proven gold assets in NSW Australia, will present in Shandong China at the China Gold Technology Forum on August 27th.

Revolution will present on new technologies as applied to mineral discovery including the use of UltraMag's Deep Ground Penetrating Radar (DGPR) to identify mineralized structures up to 200 metres below surface.

The forum is hosted by the China Gold Association, Zhaoyuan Gold Association and the Shandong Zhaojin Group Co., Ltd.

China's gold industry now witnesses steady increase in gold output as well as leapfrogging development of the entire industry chain ranging from prospecting, mining and metallurgical processing to consumption, investment and trade. Technological strength and innovation capability play a key role for enterprises' sustainable development.

With the theme of "Technology Create Future", the topics of the 2018 (6th) China Gold Technology Conference will focus on the exploration and development of deep mineral resources, aim at improving production efficiency, reducing production costs of enterprises, facilitate the construction of safe environmental protection and green mines by the application of digitalization and informatization of mining technologies.

The conference this year will help effectively strengthen mutual exchanges and interaction between Chinese gold enterprises and relevant service providers in and outside of China, so as to facilitate the technological innovations and changes of gold enterprises in China.

For the full program, please visit:
http://en.chinagoldtech.com/index/luntan.php?id=17

China Gold Technology Forum 
Tel: +86 10 64465066
Fax: +86 10 64466368
Email: info@chinamining-expo.org
Website: www.chinagoldtech.com 

Revolution Metals
Tel: + 61 2 8205 7339
Website: www.revolutionmetals.com

Speedcast International Ltd (ASX:SDA) 2018 First Half Results Presentation

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Speedcast International Limited (ASX:SDA) (OTCMKTS:SPPDF), the world's most trusted provider of remote communication and IT solutions, will announce its financial results for the half year ended 30 June 2018 on Tuesday 28th August 2018 at 10am Sydney time.

Investors and analysts are invited to join a teleconference call hosted by CEO, PJ Beylier & CFO, Clive Cuthell. The call will be a presentation of the 2018 First Half Year results followed by Q&A.

Conference call details are as follows:

- Time: 10.00am (Sydney time), Tuesday 28th August 2018

- Hosts: CEO, PJ Beylier & CFO, Clive Cuthell

Dial-In Details (Conference ID: 1435509):

Australia: 1800 123 296 / +61 2 8038 5221

HK: 800 908 865

UK: 0808 234 0757

Singapore: 800 616 2288

India: 1800 3010 6141

USA: 1855 293 1544

New Zealand: 0800 452 782

Canada: 1855 5616 766

China: 4001 203 085

Japan: 0120 994 669

Investor Contact Information:
Clive Cuthell
Chief Financial Officer
E: Clive.Cuthell@speedcast.com
T: +61-432-129-664

Donaco International Ltd (ASX:DNA) Notice of FY18 Full Year Results

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Donaco International Limited (ASX:DNA) announces that it will release its statutory results and preliminary accounts for the financial year ending 30 June 2018 before the market opens on Wednesday, 30 August 2018.

A results briefing hosted by the Managing Director, Mr Joey Lim, will commence at 11:00am (Australian Eastern Standard Time) on 30 August 2018.

To access the live audio webcast of the results briefing, investors may go to
http://www.abnnewswire.net/lnk/3031L846

Donaco International Ltd
Ben Reichel 
Executive Director
T: +61-412-060-281
WWW: www.donacointernational.com
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