Classic Minerals Ltd (ASX:CLZ) Annual Report to Shareholders

October 25, 2018, 10:32 pm

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Classic Minerals Ltd (ASX:CLZ) provides the Company's Annual Report to shareholders.

The principal activity of Classic Minerals Limited during the financial year was the exploration of mineral resource based projects, focussing on gold and nickel.

Doherty's

The sale of the Doherty's project was concluded on 5 July 2017 with the receipt of the remaining $50,000 part of final instalment of $1,200,000. The project tenure has been transferred to the buyer and the Company no longer holds a stake in this project. Classic will receive a 7.5% net smelter return royalty from production.

Forrestania Gold Project

The Forrestania Gold Project ("FGP") contains an existing Mineral Resource of 5.9Mt at 1.25g/t for 240,000 ounces of gold, classified and reported in accordance with the JORC Code (2012). A completed scoping study has indicated both the technical and financial viability of the project.

In the reporting year Classic engaged both RSC Mining & Mineral Exploration ("RSC") and Mr. Dean Goodwin (Consulting Geologist) to advance the resource base of the project. A total of 70 holes for 10591m were completed in the reporting year.

To view the full report, please visit:
http://abnnewswire.net/lnk/0B89Q8ZT

Classic Minerals Ltd
T: +61-8-6305-0221
E: contact@classicminerals.com.au
WWW: www.classicminerals.com.au

↧

Cervantes Corporation Limited (ASX:CVS) Notice of Annual General Meeting

October 28, 2018, 3:29 pm

≫ Next: Lithium Power International Ltd (ASX:LPI) Quarterly Activities Report

≪ Previous: Classic Minerals Ltd (ASX:CLZ) Annual Report to Shareholders

Cervantes Corporation Limited (ASX:CVS) is pleased to present to you, Notice of our Annual General meeting, and look forward to your attendance.

In spite of the very difficult market conditions for junior companies in the exploration industry over the last few years, we believe Cervantes has had a very successful year in regards to prudent acquisition of assets, and the initial exploration on those assets.

We have secured three very promising and strategically located projects, two of which are in the Meekatharra area, one of Western Australia's most prolific gold producing regions, and another in Payne's Find, effectively covering the majority of an historical goldfield discovered in 1911, containing over 37 historic mines which produced between 1oz and 5 oz's per ton in their heyday. (WAMEX records)

Cervantes carried out an initial drilling program on two of those project areas in 2018, and have additional drilling programs approved, and ready to go subject to tenders for the work programs, expected before the end of the year.

Our Albury Heath project southeast of Meekatharra has some 27,000 ozs of historically drilled resources as previously announced in our releases of the 8 Dec, 2016 and 7 Feb, 2017. Our first pass drilling carried out in March 2018 resulted in sensational 2 oz, 4 oz and 6oz per tonne drill results as follows, and released to the market on the 28 June, 2018 and 17 July, 2018:

17m @ 18.8 g/t from 77m in AHP139, incl 4m @ 52.3 g/t from 86m,

1m @ 14.1 g/t from 58m in AHP120

2m @ 7.0 g/t from 9m in AHP134, incl 1m @ 13.3 g/t from 10m

2m @ 3.2 g/t from 29m in AHP136

1m @ 15.2g/t from 46m in hole 135

8m @ 23.1 g/t from 87m in AHP135, incl 4m @ 30.1 g/t from 87m,

2m @ 67.2 g/t from 27m in AHP116, incl 1m @ 129.3 g/t from 27m

4m @ 9.1 g/t from 19m in AHP119, incl 2m @ 16.5 g/t from 19m

2m @ 18.2 g/t from 4m in AHP127, incl 1m @ 31.4 g/t from 4m

1m @ 31.4 g/t from 36m in AHP128

4m @ 5.8 g/t from 45m in AHP129, incl 1m @ 19 g/t from 45m

3m @ 9.0 g/t from 81m in AHP130, incl 1m @ 21.3 g/t from 82m

5m @ 63.1 g/t from 32m in AHP134, incl 1m @ 202.8 g/t from 33m

We are returning to the Albury Heath project area as a priority for two purposes. One, to carry out additional drilling in and around the high grade results for additional geology before moving to a resource definition programme to lift the resource to a Measured Resource, and secondly a regional drilling program in the surrounding tenements we pegged at the time of acquiring the tenement containing the Albury Heath mine. These target areas in the surrounding tenements have been identified by our Exploration Manager as being possible analogues of the Albury Heath Mine that may replicate the high grade intercepts made in our last drilling program. If successful this project has the potential to be a very early cash earner for the company, as two mills are within close proximity.

Also this year we completed a geochemical exploration program at Payne's Find (now known as the Primrose Project) using Air Core drilling methods to identify possible deep drilling targets for both gold and nickel/cobalt/copper. RAB drilling, by the previous tenement owner, indicated the prospectivity of the area for base metals and cobalt as previously released to the market on the 12th June 2018

The Payne's Find (Primrose) Project area was described by a Government appointed Geologist E de C Clark, who inspected the area on behalf of the Government and the old miners of the day in 1920 as "The gold bearing gneiss is east of the greenstone belt, and are of two lithological types 1) biotite dominant with quartz parallel to the foliation planes 2) mica subordinate to the hornblende. The geology as similar to Westonia (Edna May Mine) elsewhere in the State." (sourced: Mindat website "Paynes Find Goldfield (Goodingnow)"). The board will seek an independent report on this and will advise in due course.

Cervantes intends to drill a series of deep holes not previously carried out in the project area to test this hypothesis, and to also follow up on a Conceptual Gold Target as outlined in a map in our release of the 15th March 2018 created by CSA, that has indicated the gold from the 37 historic mines, may have a major source at depth along the Primrose Shear.

Previous drilling of the Primrose Project area also produced elevated Nickel/Cobalt and Copper that resulted in our Exploration Manager describing the surface results as analagous to the Maggie Hays/Emily May Nickel Mine.(12th June 2018 ASX release) The deep drilling program will also test this theory in the elevated nickel area to the south of the plunging Primrose Shear, as well as determining any large gold potential in that area. Previous RAB drilling also provided elevated gold results of .89g/t over 4m as also released on the 12th June 2018.

Cervantes' Abbott Project is an exploration licence over which we have completed a series of soil sample lines; we will pursue the results in the near future. The main strategic benefit of this EL is that it is only some 22km north-north-west of the Meekatharra township, and it's southern boundary immediately adjoins the northern boundary of Thundelarra Ltd's exciting Garden Gully Gold project, which they presented at the RIU Resource Roadshow in September of this year. Synergies between Thundelarra's project and Abbotts may be exploited in the future as Thundelarra have recently acquired all of the ground to the West of our tenement previously owned by Doray Minerals Ltd

We hope you will support our current capital raising to assist in funding these programs, as any positive results could attract major players to the company and or the project. We have arranged for Cervantes shareholders to have priority to apply for shares via a prospectus. A prospectus does not limit applicants to be Section 708 (sophisticated) investors, and allows smaller investors to participate in this exciting phase of the company's plans.

Gold had a meteoric rise to US$1,366 in April of 2018 and has been in a downturn since as a result of the "Trump Bump", and the rising US$. With the various disruptions to peace in the Middle East, the China versus USA trade war and the European and Global debt issues, gold is making a comeback in recent times. In A$ it is a particularly profitable commodity to produce. With gold there is never a lack of buyers and hedging or funding is considerably better than with most other commodities.

It is the Board's view that both the gold price and the market sentiment towards gold will be greatly enhanced in the near future, and will once again regain its mantle as a dominant metal of interest to not only Australian investors but Global investors.

What makes Cervantes projects more advantageous to other company's projects is their location and access to infrastructure. Sovereign Risk is negligible being in Western Australia as compared to Africa or other high risk nations.

Each project is located close to infrastructure and towns, so eliminating major CAPEX for camp and other facilities, and at this stage any need for a standalone Plant. Payne's Find is only 4.5 hours from Perth on a major highway, with a road house, accommodation, meals and earth moving contractor, and other services, including an airport adjoining the project area.

The previous owners of the Payne's Find tenements, the Taylor family who also worked underground at the old mines, live next door, and have made themselves available to provide firsthand knowledge and experience of the area.

The Meekatharra projects are within 22km of Meekatharra and, more importantly, in close proximity to two existing gold mills, the closest being only approximately 23km away. The owners of both mills are seeking mill feed and could process the ore or buy the projects outright.

We look forward to seeing you at the AGM and providing answers to any questions you may have.

Collin Vost
Executive Chairman
T: +61-8-6436-2300
E: cvost@cervantescorp.com.au

↧

Lithium Power International Ltd (ASX:LPI) Quarterly Activities Report

October 28, 2018, 3:30 pm

≫ Next: DroneShield Ltd (ASX:DRO) Release of DroneNode

≪ Previous: Cervantes Corporation Limited (ASX:CVS) Notice of Annual General Meeting

Lithium Power International Limited (ASX:LPI) (OTCMKTS:LTHHF) (LPI or the Company) is pleased to submit its quarterly Activity Report for the period ended 30 September 2018.

HIGHLIGHTS

- The Chilean Joint Venture Company, Minera Salar Blanco S.A. (MSB), submitted the Maricunga lithium brine project's (the Project) Environmental Impact Assessment (EIA) to the Chilean Environmental Authority, Servicio de Evaluación Ambiental (SEA) to be reviewed for approval. This is the culmination of in-depth work during more than two years by MSB employees and consultants and was completed to the highest possible standard. An update on the extensive EIA approval process will be provided as information is received from SEA.

- The Project's Definitive Feasibility Study (DFS) is expected to be finalised and released by the end of December 2018.

- Results from the Preliminary Economic Assessment (PEA) which was released in December 2017, including CAPEX, OPEX, price forecasts and revenues, will be updated in the DFS.

Full reserve calculations will also be included for the first time.

- Work by process consultants GEA in Germany, fine tuning the flow circuit and equipment requirements are progressing extremely well.

- MSB is nearing the completion of contractually securing all key infrastructure needed to support the Project with water supply secured for the Project through a long-term lease for the next 20 years.

- The Chilean electricity regulator authorised MSB to use its existing transmission infrastructure for the Project. Negotiations regarding final conditions are ongoing with the owner of the power lines.

- Permits for drilling has been obtained and plans are underway to drill several holes at the Centenario lithium project in Salta province, Argentina. This program will evaluate the potential for significant volumes of brine within LPI's properties indicated by a recent electrical geophysical survey.

- In Western Australia, the Company is undertaking an extensive soil sampling program over its Tabba Tabba property. This covers a greenstone belt, which has known tantalum and lithium mineralisation along strike from the property. Areas of elevated geochemistry will be followed up with rock chip sampling and drilling.

- LPI increased its ownership in MSB by 1% after paying AU$1.5 million from existing cash reserves.

The Company now owns 51% of MSB.

- On 3 September 2018, the Company appointed Mr Cristobal Garcia-Huidobro and Mr Martin Borda as Non-Executive Directors to further enhance its relationship with MSB. As part of this change, Dr Luis Ignacio Silva resigned from the Board on the same date.

- Mr Cristobal Garcia-Huidobro was subsequently promoted to Chief Executive Officer and Managing Director of LPI on 16 October 2018.

- To further strengthen its Board, Mr Richard Crookes will be appointed Executive Director - Corporate Finance on 1 November 2018.

To view the full report, please visit:
http://abnnewswire.net/lnk/48H7119J

David Hannon - Chairman or 
Andrew Phillips - CFO / Company Secretary
Lithium Power International
E: info@lithiumpowerinternational.com
Ph: +61-2-9276-1245
www.lithiumpowerinternational.com
Twitter: @LithiumPowerLPI

↧

DroneShield Ltd (ASX:DRO) Release of DroneNode

October 28, 2018, 3:31 pm

≫ Next: Liquefied Natural Gas Ltd (ASX:LNG) Quarterly Highlights

≪ Previous: Lithium Power International Ltd (ASX:LPI) Quarterly Activities Report

DroneShield Ltd (ASX:DRO) (OTCMKTS:DRSHF) ("DroneShield" or the "Company") is pleased to announce a launch of the additional product DroneNode(TM), in response to end-user requirements(see Note below).

- DroneShield releases DroneNode(TM), a portable, compact and inconspicuous counterdrone defence device.

- Enables low-profile protection of large outdoor events by law enforcement without raising public concern.

DroneNode(TM) is an evolution of the Company's existing DroneCannon(TM) product, a portable, compact and inconspicuous counterdrone jamming device which can be utilised at large outdoor events by law enforcement without raising public concern. This product is particularly relevant given the recent drone attack on the Venezuelan president, and the high profile mailbomb terrorist attacks in the United States, heightening the awareness of law enforcement globally to potential threats to high profile political targets.

The DroneNode(TM) product is contained in a portable case sized at approximately 50x50cm: (see link below)

Oleg Vornik, DroneShield's CEO commented: "The release of DroneNode(TM) continues DroneShield's leadership in drone security for publilc events. DroneShield's recent credentials in the area include the 2018 Olympics, the 2018 Commonwealth Games, 2018 ASEAN-Australia Special Summit, the 2017 Hawaii IRONMAN World Champtionship, and the 2015 - 2017 Boston Marathons. The Company's products are well positioned to protect large public gatherings globally."

Note: DroneNode(TM) and DroneCannon(TM) have not been authorized as required by the federal communications commission ("FCC"). These devices are not, and may not be, offered for sale or lease, or sold or leased, in the United States, other than to the United States government and its agencies, until such authorization is obtained. The use of such devices in the United States by other persons or entities, including state or local government agencies, is prohibited by federal law. Laws limiting the availability of such devices o certain types of users may apply in other jurisdictions, and any sales will be conducted only in compliance with the applicable laws. Jammer affects only frequencies at 2.4Ghz, 5.8Ghz and GPS/Glonass (optionally). Emergency broadcasts, cellphone communication and other dedicated channels will not be affected.

To view figures, please visit:
http://abnnewswire.net/lnk/G3C2844E

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

↧

Liquefied Natural Gas Ltd (ASX:LNG) Quarterly Highlights

October 28, 2018, 3:52 pm

≫ Next: Cobalt Blue Holdings Limited (ASX:COB) September Quarterly Report

≪ Previous: DroneShield Ltd (ASX:DRO) Release of DroneNode

Liquefied Natural Gas Ltd (ASX:LNG) (OTCMKTS:LNGLY) provides the Company's Quarterly Highlights.

QUARTER HIGHLIGHTS

Magnolia LNG:

- On September 27, 2018, LNGL announced that Magnolia LNG and Meridian LNG Holdings Corporation agreed extension of the financial close date of their legally binding 2.0 mtpa offtake agreement to December 31, 2018. All other provisions of the governing agreements not specifically amended by this extension remain in full force and effect.

Bear Head LNG:

- On July 17, 2018, Bear Head LNG, LLC signed a Memorandum of Agreement (MOA) with the Nova Scotia Construction Labour Relations Association Limited and Cape Breton Building and Construction Trades. The MOA ensured access to the skilled workforce needed for Bear Head's proposed liquefied natural gas (LNG) facility on the Strait of Canso in Richmond County, Nova Scotia.

OSMR(R) Process Technology

- LNGL continued to examine technical improvements in the OSMR(R) technology and plant modular design to further reduce costs.

- The Company continues to engage with third-parties interested in using the OSMR(R) technology in their projects.

Security movements and capital raising:

- On August 1, 2018, LNGL announced that the Company had been granted a waiver by the ASX from Listing Rule 6.18 as referred to on page 2 of the Company's ASX announcement dated June 4, 2018, which related to the Share Placement to IDG Energy Investment Group Limited which raised gross proceeds of A$28.2 million before costs. The waiver grants IDG Energy Investment top-up rights to maintain their 9.9% investment in LNGL, subject to certain exceptions

- On July 10, 2018, LNGL announced in an Appendix 3B notice to the ASX that:

(i) 2,244,449 - 2015 Performance Rights lapsed;

(ii) 839,750 - 2017 Retention Rights partially vested and Ordinary Shares were issued;

(iii) 3,114,000 - 2018 Performance Rights were issued; and

(iv) 2,076,000 - Retention Rights were issued.

To view the full release, please visit:
http://abnnewswire.net/lnk/J7J0R1U8

Mr. Micah Hirschfield
Sr. Manager, Communications and Investor Relations
Liquefied Natural Gas Limited
T: +1-713-815-6920
E: mhirschfield@lnglimited.com

Mr. Andrew Gould
Joint Company Secretary
Liquefied Natural Gas Limited
T: +61-8-9366-3700
E: AGould@lnglimited.com.au

↧

Cobalt Blue Holdings Limited (ASX:COB) September Quarterly Report

October 28, 2018, 4:01 pm

≫ Next: SEEK Limited (ASX:SEK) 2018 Annual Report

≪ Previous: Liquefied Natural Gas Ltd (ASX:LNG) Quarterly Highlights

Cobalt Blue Holdings Limited (ASX:COB) (OTCMKTS:CBBHF) provides the Company's Quarterly Activities Report.

July to September 2018 - Highlights

THACKARINGA PROJECT:

- Thackaringa Pre Feasibility Study delivered.

- Project strategic rationale.

- Drilling campaign announced.

COBALT TRENDS:

- Update on thrifting.

- Near term market balance vs strategic demand.

CORPORATE:

- COB withdraws from Earning Period

- Stage Two Achieved - Cobalt Blue has achieved 70% of the beneficial interest of the Thackaringa Project.

- Global marketing/commercial visits.

- CuDeco MOU announced.

To view the full report, please visit:
http://abnnewswire.net/lnk/3CI35UTC

Joe Kaderavek
Chief Executive Officer
Cobalt Blue Holdings Limited
Ph: +61-2-8287-0660
Website: www.cobaltblueholdings.com
Email: info@cobaltblueholdings.com

↧

SEEK Limited (ASX:SEK) 2018 Annual Report

October 28, 2018, 4:04 pm

≫ Next: Anatara Lifesciences Ltd (ASX:ANR) APVMA Approval for Detach

≪ Previous: Cobalt Blue Holdings Limited (ASX:COB) September Quarterly Report

SEEK Limited (ASX:SEK) (OTCMKTS:SKLTY) provides the Company's 2018 Annual Report.

SEEK achieved a strong operational result for the year ended 30 June 2018 ('FY2018') with growth in sales revenue (before significant items) of 25% (24% constant currency). EBITDA (before significant items) was up 15% (up 16% constant currency) compared to the year ended 30 June 2017 ('FY2017').

Profit attributable to the owners of SEEK Limited was $53.2m (30 June 2017: $340.2m).

Key drivers

- ANZ Employment: revenue growth of 16% and EBITDA growth of 18%;

- Zhaopin: revenue growth of 24% (21% constant currency) and EBITDA growth of 5% (3% constant currency);

- SEEK Asia: revenue growth of 8% (10% constant currency) and EBITDA growth of nil% (3% constant currency);

- Brasil Online: revenue decline of 14% (9% constant currency) and EBITDA decline of 27% (24% constant currency); and

- Total revenue growth as a result of acquisitions was 11% primarily due to consolidation of OES.

Below EBITDA items:

- Depreciation and amortisation increased by 27% largely due to increased capex in product and technology;

- Net interest: higher interest expenses due to OES and Zhaopin transaction related funding; and

- Share-based payments and other LTI: Returning back to normal levels.

Significant items

FY2018 significant items of $147.0m included the following:

- Fair value gain from SEEK's investment in MaiMai (via Zhaopin) of $35.9m (representing SEEK's share);

- Impairment charge against the carrying value of Brasil Online ($119.0m), OCC ($60.0m, $58.9m SEEK share) and CJOL (subsidiary of Zhaopin) of $1.6m (representing SEEK's share); and

- Other one-off items of $3.4m.

FY2017 significant items of $138.7m included the following:

- Fair value gain from SEEK increasing its ownership stake in OES of $174.3m;

- One-off restructuring costs and write-off of intangibles relating to the cessation of VET sales in SEEK Learning of $15.9m;

- Net one-off tax items of $1.1m comprising of a Zhaopin withholding tax provision ($10.5m) offset by a tax benefit arising from the sale of the investment in JCBNext Berhad ('JCBNext') ($9.4m); and

- Impairment of Babajob and another early stage minority investment of $6.1m and transaction costs related to Zhaopin's privatisation of $12.5m.

To view the full report, please visit:
http://abnnewswire.net/lnk/4O2Q1WZB

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

↧

Anatara Lifesciences Ltd (ASX:ANR) APVMA Approval for Detach

October 28, 2018, 4:16 pm

≫ Next: Thomson Resources Ltd (ASX:TMZ) Quarterly Activities Report

≪ Previous: SEEK Limited (ASX:SEK) 2018 Annual Report

Anatara Lifesciences (ASX:ANR) is pleased to announce that the Australian Pesticides and Veterinary Medicines Authority (APVMA) has registered Detach(R) with the approved label, "To aid in the control of scour and has positive health benefits in weaned piglets from 3 weeks of age and help increase survivability of scouring pre-weaning piglets".

"APVMA approval of Detach(R) was one of the major corporate milestones that we had promised to deliver as part of Anatara's ASX listing process in 2014. Today's announcement is the culmination of many years of hard work from our team, both past and present, and is a very significant achievement for the company," said Sue MacLeman, Anatara's Chair.

On 15 May 2018, Anatara announced that it had signed an exclusive licensing agreement with leading global animal health company, Zoetis Inc., for the worldwide development, manufacture, distribution, and marketing of Detach(R) for livestock and horses. Under the terms of this agreement, Zoetis has exclusive global rights which includes the Australian market and Anatara is not able to disclose any information relating to product development or product release.

"We are delighted to have secured APVMA approval for Detach(R) and would especially like to thank the CRC for High Integrity Australian Pork (Pork CRC) for their assistance in its development", said Tracie Ramsdale, Interim CEO. The Pork CRC (www.porkcrc.com.au) is made up of Australia's largest pork producers, feed manufacturers, key government, research and farming industry bodies. Anatara entered into a Commercial Collaboration Agreement with the Pork CRC in 2015. This relationship enabled Anatara to work closely with key players in the Australian pork industry to locate suitable clinical trial sites and conduct clinical trials, leading to APVMA approval.

Under the terms of the Commercial Collaboration Agreement, the Pork CRC was issued with 500,000 options at an exercise price of $0.50. 125,000 of these options were exercised within the first year. Exercise of the remaining 375,000 options was conditional upon APVMA approval which had not been received prior to their expiry on the 18th September 2018. Anatara will now issue 375,000 options to the Pork CRC, with an exercise price of $0.50 and an expiry date of 6 months from the date of issue.

Investor inquiries
Sue MacLeman
Chair
Anatara Lifesciences
T: +61-437-211-200
E: info@anatara.com

Media inquiries:
Jane Lowe
Managing Director
IR Department
T: +61-411-117-774
E: jane.lowe@irdepartment.com.au

↧

Thomson Resources Ltd (ASX:TMZ) Quarterly Activities Report

October 28, 2018, 4:34 pm

≫ Next: Argent Minerals Limited (ASX:ARD) Letter to Option Holders

≪ Previous: Anatara Lifesciences Ltd (ASX:ANR) APVMA Approval for Detach

Thomson Resources Ltd (ASX:TMZ) provides the Company's Quarterly Activities Report.

Highlights

- Follow up drilling to commence shortly at Bygoo and Harry Smith

- Potential tin prospects defined at Gibsonvale

After a further short delay, drilling will commence shortly on drilling programs at each of Thomson's tin and gold projects in southwestern NSW.

Bygoo Tin

At Bygoo North, the main objective is to define and extend the newly discovered "Dumbrells" greisen which trends north-south through the old Dumbrells pit. The tin drill program also includes several targets in the Big Bygoo area that lies about two kilometres south of the discoveries at Bygoo North. (see ASX release 26 September, 2018).

Harry Smith Gold

Follow up drilling is also planned after a successful first round of drilling in March 2018 (ASX release of March 26th).

Gibsonvale Tin

During the quarter some preliminary fieldwork was undertaken on EL8163 at Gibsonvale, which is 75km north of the Bygoo project (see map) and 45km northwest of the regional town of West Wyalong. The Gibsonvale area contains extensive alluvial tin deposits, more than 10km in length that have been worked historically. Several mining leases cover these areas and are excluded from EL8163. Production at the Gibsonvale alluvial deposits amounted to about 8,000 tons of cassiterite concentrate from 1968 to 1986 (GS1990/352 Metals X Annual Report on EL 3128 July 1989). However, to date no significant hard-rock source for these alluvial deposits has been identified. Several historic hard-rock tin, tin-tungsten and tin-gold occurrences are known (see Figure 1 in link below); several with shallow pits and shafts, but none has recorded production of more than 5 tonnes of tin.

Only limited basement exploration drilling has been reported. 33 vertical rotary percussion drillholes were drilled in 1981. The drilling covered an area of 7km x km centred on the alluvial mining leases (see Figure 1 in link below) and were widely spaced between 200m to 1km apart. Several encouraging results were seen in shallow vertical holes north of the main alluvial leads e.g. 2m at 0.6% Sn from a depth of 18m in hole GBRP09 (GS1981_384 page 231 Metals Exploration Report for period ending 16 July 1982).

Potential hard-rock tin sources for the alluvial deposits range from Fernleigh in the northwest to Christmas Gift Mines in the southeast, a distance of 13km. This zone trends obliquely across the northerly trending Kikoira granite and defines a "Disrupted Zone" (see Figure 1 in link below) which may be a fault which channelled fluid flow. Interpreted offsets on the Kikoira granite boundary correspond with the "Disrupted Zone".

Access arrangements have been discussed with several landowners. Preliminary surface geochemistry confirmed tin and tungsten anomalism at the Fernleigh and Christmas Gift Mines. Follow up is planned in 2019, with shallow bedrock geochemistry to establish trends of the mineralised greisens and veins. Exploration on this EL is part of the joint venture funded under the agreement with Canadian investor BeiSur OstBarat Agency Ltd (see below).

Tenement Holdings and Joint Ventures

After recent transfers and relinquishments Thomson now holds 12 Exploration Licenses covering 962 square kilometres. Three joint venture arrangements are in place - Bygoo (Els 8260 and 8163) with private Canadian investor, BeiSur OstBarat Agency Ltd; Wilga Downs (EL 8136) with Silver City Minerals (ASX:SCI) and Havilah (EL 7391) with Silver Mines Ltd (ASX:SVL). The JVs cover an area of 313 sq. km.

Corporate

Exploration expenditure incurred during the quarter totalled $60,000. Cash at the end of the quarter was $783,000.

Thomson has 111,928,149 shares on issue currently.

To view figures, please visit:
http://abnnewswire.net/lnk/SE9JRTDR

Thomson Resources Ltd
T: +61-2-9906-6225
E: info@thomsonresources.com.au
WWW: www.thomsonresources.com.au

↧

Argent Minerals Limited (ASX:ARD) Letter to Option Holders

October 28, 2018, 4:49 pm

≫ Next: Lake Resources NL (ASX:LKE) Engineering Works Confirm High Lithium Recoveries at Kachi

≪ Previous: Thomson Resources Ltd (ASX:TMZ) Quarterly Activities Report

As announced on 24 October 2018, Argent Minerals Limited (ASX:ARD) (Company) is undertaking a pro-rata non-renounceable rights issue of one (1) fully paid ordinary share in the capital of the Company (Share) for every four (4) Shares held by eligible shareholders at the Record Date (being 5:00pm (WST) on 31 October 2018) at an issue price of $0.015 per Share (New Shares) to raise approximately $1,739,848, together with one (1) attaching option to acquire a Share (New Option) for every two (2) New Shares subscribed for and issued (New Options) (Entitlement Issue or Offer). The Company lodged a prospectus for the Offer (Prospectus) with the ASIC on 25 October 2018. The Offer is not underwritten.

The Company reserves the right to issue Shares and New Options comprising the shortfall within three months after the closing date of the Entitlement Offer on the same terms as the Entitlement Offer (Shortfall Offer). The Company is also seeking shareholder approval for the right to issue Shares and New Options under the Shortfall Offer to Directors of the Company (up to an amount of $133,000) at its upcoming annual general meeting to be held on 28 November 2018. The Shares and New Options to be issued to the Directors under the Shortfall Offer (if any) will be issued within one month of the date of obtaining shareholder approval.

Participation by option holders

The terms and conditions of the options you currently hold do not entitle you to participate in the Entitlement Issue in relation to your holding of options unless you exercise your options in time for New Shares to be issued and to be entered on the Company's register of members on or before 5:00pm (WST) on 31 October 2018 (Record Date).

To exercise your options and thereby participate in the Entitlement Issue, you will need to deliver the following to the Company in the manner contemplated by the option terms:

(a) a notice of exercise of options; and

(b) payment for the exercise price in respect of those options to be exercised.

To ensure that your new Shares are issued prior to the Record Date, the above must be received by the Company's share registry no later than 2pm (WST) on 30 October 2018. If received after this date, issue of New Shares prior to the Record Date cannot be assured.

There is no obligation for you to exercise your options. This letter is intended to inform you of your rights in relation to your options and the Offer. If you do not wish to participate in the Offer you do not need to take any action.

Before deciding whether to exercise any or all of your options, you should read the Prospectus in its entirety.

Key details of the Offer

The Company intends to apply the funds raised from the Offer after expenses towards exploration drilling, geochemical survey work and general working capital. This is a statement of the Board's current intentions as at the date of the Prospectus. However, the Board reserves the right to alter the way the funds are applied.

The Offer is being made to all shareholders of the Company (Shareholders) named on its register of members at 5.00pm (WST) on the Record Date, whose registered address is in Australia or New Zealand.

Shares subscribed for and issued under the Offer will rank equally with all Shares already on issue. New Options issued under the Offer will be exercisable at $0.05 each, on or before 29 October 2021 and will otherwise be on the terms and conditions set out in the Prospectus. The Company will make application for official quotation of the New Options proposed to be issued under the Offer.

Following completion of the Offer (assuming full subscription, no options are exercised prior to the Record Date and ignoring the effect of rounding of fractional entitlements), the Company will have issued approximately 115,989,870 New Shares and 57,994,935 New Options resulting in total Shares on issue of approximately 579,949,349 and total Options on issue of approximately 263,494,935.

A copy of the Prospectus is available on ASX's and the Company's website. Eligible Shareholders will be mailed a Prospectus together with an Entitlement and Acceptance Form on November 2018. Your entitlement will be set out on the personalised Entitlement and Acceptance Form accompanying the Prospectus.

Key dates for the Offer

Event: Lodgement of Prospectus with the ASIC
Proposed Date: 25 October 2018

Event: Lodgement of Prospectus & Appendix 3B with ASX
Proposed Date: 25 October 2018

Event: Notice sent to Optionholders
Proposed Date: 29 October 2018

Event: Notice sent to Shareholders
Proposed Date: 29 October 2018

Event: Ex date
Proposed Date: 30 October 2018

Event: Record Date for determining Entitlements
Proposed Date: 5.00pm (WST) 31 October 2018

Event: Prospectus despatched to Eligible Shareholders with personalised Entitlement and Acceptance Form & Company announces despatch has been completed

Proposed Date: 2 November 2018

Event: Last date to notify ASX of an extension to the Closing Date
Proposed Date: 8 November 2018

Event: Closing Date (see Note below)
Proposed Date: 13 November 2018

Event: Securities quoted on a deferred settlement basis
Proposed Date: 14 November 2018

Event: ASX notified of under subscriptions
Proposed Date: 16 November 2018

Event: Issue Date/Securities entered into Shareholders' security holdings
Proposed Date: 20 November 2018

Event: Quotation of Securities under the Offer
Proposed Date: 21 November 2018

Note: The Directors may extend the Closing Date by giving at least 3 Business Days' notice to ASX prior to the Closing Date. As such the date the Securities are expected to commence trading on ASX may vary.

If you have any queries concerning the Entitlement Issue, or the action you are required to take to subscribe for New Shares and New Options, please contact your financial adviser or Vinod Manikandan, the Company Secretary, on +61 2 9300 3390.

Argent Minerals Limited
David Busch, Managing Director
T: +61-2-9300-3390
E: admin@argentminerals.com.au
WWW: www.argentminerals.com.au

↧

Lake Resources NL (ASX:LKE) Engineering Works Confirm High Lithium Recoveries at Kachi

October 28, 2018, 5:08 pm

≫ Next: Ardiden Ltd (ASX:ADV) High-Grade Lithium Results Support Growth at North Aubry

≪ Previous: Argent Minerals Limited (ASX:ARD) Letter to Option Holders

Argentine-focused lithium exploration and project development company Lake Resources NL (ASX:LKE) and Lilac Solutions, Inc. ("Lilac") are pleased to report very high lithium recoveries from brines as part of Phase 1 engineering work to develop Lake's 100%-owned Kachi Lithium Brine Project in Argentina ("Kachi").

- High lithium recoveries of 80-90% delivered from initial brine samples at Kachi Brine Project using Lilac Solutions process.

- Lilac process shows production of greater than 3000 mg/L lithium from average brine samples in a few hours.

- Increased recoveries indicate that a 300 mg/L lithium brine would produce similar volumes of final product as a 600 mg/L lithium brine.

- Partnership to advance a rapid, low cost method for direct extraction of lithium from brines at Kachi. Process aims to reduce lead time to production, operating costs and significantly increase recoveries.

- The new process appears more environmentally sustainable than traditional methods, is easily scalable to increase production and has a smaller footprint.

- Lilac now estimating operating costs for commercial lithium production at Kachi for direct production of lithium carbonate or lithium chloride - globally competitive cost anticipated.

Lilac has reported high lithium recoveries and high lithium eluate purity from preliminary results from the Phase 1 Engineering. This lithium eluate can be processed downstream into battery-grade lithium carbonate or lithium hydroxide based on conventional processes with a downstream recovery of around 90%.

Lilac has achieved lithium recoveries from the Kachi brine sample into the lithium eluate of 80-90%. After downstream processing, this is estimated to provide an overall project-level lithium recovery of 70-80%. This compares very favourably with project-level lithium recoveries below 50% for conventional operations in the Salar de Atacama, which feature lithium grades above 1,000 mg/L.

Lilac has processed the Kachi brine sample in a single step going from the average raw brine concentrations to a lithium eluate containing 3,000 mg/L Li, 400 mg/L Na, 250 mg/L Ca, 120 mg/L Mg, and 1 mg/L B, which can be readily processed through reverse osmosis and conventional purification technologies and fed into a conventional carbonate plant. Further samples are being tested for refinement of the process.

Lilac is now estimating operating costs for commercial lithium production at Kachi for direct production of lithium carbonate or lithium chloride. Given initial results, Lilac expects a globally-competitive cost of production.

Lilac is performing Phase 1 Engineering to optimise the Lilac system for the Kachi brine's particular chemistry, establish performance of the system including lithium recoveries and purity of the lithium eluate solution produced by the Lilac system, determine the quantities of chemical reagents needed to drive the lithium extraction process, and estimate operating cost of commercial production of lithium.

This follows the announcement in September where Lake and Lilac entered into a partnership to leverage Lilac's proprietary ion exchange technology (the "Lilac Technology") for the Kachi brine with the goal of establishing a rapid, robust, and low-cost process for producing lithium at Kachi.

Lilac Solutions is transforming lithium production with its innovative ion exchange technology for extraction of lithium from brine resources. Lilac deploys unique ion exchange media and related processes to extract lithium from a wide variety of brine resources with high recoveries, minimal costs, and rapid processing times. This approach eliminates the need for evaporation ponds, which are expensive to build, slow to ramp up, and vulnerable to weather fluctuations.

A significant environmental benefit comes from the removal of evaporation ponds as the footprint of the operation is significantly reduced. Further, the method allows for the remaining brine to be re-injected into the same aquifer from where it is sourced, without significantly adjusting the water quality, thereby preserving an aqueous resource in an arid environment.

Lilac's technology can economically access brines with low lithium concentrations and high concentrations of other salts, such as magnesium. Cost advantages come from reduced time, higher recoveries and a simplified extraction flowsheet with fewer reagents. The technology is modular to suit various project sizes and integrates with conventional plant designs for production of battery-grade lithium carbonate and lithium hydroxide. The technology has been successfully tested with real brine samples across the Americas.

The Kachi Lithium Brine Project covers 54,000 hectares (133,000 acres) over almost an entire lithium-bearing salt lake in Catamarca province, ~100 km (60 miles) south of Livent/FMC's Hombre Muerto Lithium brine production operation. FMC Corp has been operating its lithium business in Argentina for over 20 years.

Lake and Lilac believe that combining Lake's scale and project experience with Lilac's technology and process expertise enables a rapid path to very large-scale commercial production of lithium at Kachi.

"Lake Resources is delighted to see excellent results showing the potential of the Lilac process to deliver a rapid, direct extraction process of lithium from brines. The potential to reduce the timeline to production at low cost is a major advantage in the current market with a constrained supply of lithium. Increased recoveries indicate that a 300 mg/L lithium brine would produce similar volumes of final product as a 600 mg/L lithium brine," said Steve Promnitz, Managing Director of Lake Resources.

About Lilac Solutions

Lilac Solutions is a mining technology company based in Oakland, California. Lilac offers a full-service ion exchange technology for lithium extraction from brine resources that is cheap, fast, effective, and environmentally friendly, and that is adaptable to a wide variety of brine chemistries.

To view figures, please visit:
http://abnnewswire.net/lnk/H4V340CW

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

↧

Ardiden Ltd (ASX:ADV) High-Grade Lithium Results Support Growth at North Aubry

October 28, 2018, 5:15 pm

≫ Next: Kingston Resources Limited (ASX:KSN) Misima Exploration Update

≪ Previous: Lake Resources NL (ASX:LKE) Engineering Works Confirm High Lithium Recoveries at Kachi

Canadian-focused lithium explorer and developer, Ardiden Limited ("ADV" or "the Company") (ASX:ADV), is pleased to announce further high-grade lithium results from its highly-prospective North Aubry prospect, located within the Company's 100% owned flagship Seymour Lake Lithium Project in Ontario, Canada.

HIGHLIGHTS:

- Ardiden continues to successfully progress the Resource expansion and exploration drilling program with 22 drill holes completed since August 2018

- Significant results from the next six drill holes ASD006 to ASD011, with a large number of results delivering intercepts in excess of 3% Li2O:

o ASD006: 9.01m @ 1.70% Li2O from 150.64m;

o ASD007: 8.58m @ 1.31% Li2O from 162.42m;

o ASD009: 27.46m @ 1.90% Li2O from 208.76m;

o ASD010: 23.98m @ 1.54% Li2O from 212.10m;

-- Including 0.55m @ 5.67% Li2O from 214.75m; and

o ASD011: 37.61m @ 1.95% Li2O from 224.92m.

- Majority of drill holes have intersected multiple spodumene bearing pegmatites, with indications that a number of pegmatites are thickening at depth

- The continued success and high-grade results at North Aubry underpin the premium quality of the lithium mineralisation at Seymour Lake

- The ongoing success and high-grade results from the Resource expansion and exploration drilling program, demonstrates the potential to significantly increase the Mineral Resource at North Aubry and the overall size and scale of Seymour Lake

*Note: stated lengths of intersections are down-hole lengths and the true thickness of the intersected pegmatites is not yet known and requires additional drilling to determine actual true thickness.

The on-going success of the current Resource expansion and exploration drill program continues to provide Ardiden with a high-level of confidence towards Seymour Lake, as the Company continues to work towards its primary focus of substantially growing the project in both size and scale.

Commenting on the high-grade lithium results from the Resource expansion drilling program at North Aubry, Ardiden CEO and Executive Director, Brad Boyle stated: "Ardiden is extremely pleased with the latest assay results from North Aubry which have identified lithium grades of up to 5.67% Li2O (ASD010). These results along with previous results from the drill program, highlight the significant potential of North Aubry to be an integral component in the definition of an upgraded Mineral Resource at Seymour Lake."

THE RESOURCE EXPANSION DRILLING PROGRAM

The current drill program was designed to test and evaluate the down dip continuity of the North Aubry pegmatite, and the excellent results which have been produced thus far have vindicated the Company's decision to aggressively explore this exciting prospect.

The potential to significantly increase the Seymour Lake project in size and scale continues to be enhanced with the majority of drill holes completed thus far intersecting multiple spodumene-bearing pegmatites at various depths.

The impressive assay results obtained from the latest drill-holes (ASD006 - ASD0011), which included a significant number of results in excess of 3% Li2O (refer to Appendix 2), combined with previous assay results, continue to provide Ardiden with a high-level of confidence in the consistency and high-quality nature of the lithium mineralisation present at Seymour Lake.

The ongoing success and delivery of high-grade lithium from the current drill program continues to reinforce the Company's strategic approach to the Seymour Lake project. Defined by its high-quality lithium mineralisation, upside in expansion potential and exceptional metallurgical results, Ardiden continue to focus on growing Seymour Lake into a world-class, high-grade lithium project.

SEYMOUR LAKE WORK PROGRAM

The current Resource expansion drill program will continue to target a number of highly-prospective drill targets at North Aubry in order to test the size and orientation of pegmatites that surround the North Aubry prospect. The company believes there is potential to discover additional spodumene mineralisation that will add to the overall size and scale potential of the North Aubry Mineral Resource.

Once the current phase of the drilling program defines the outer perimeters of the North Aubry pegmatite, Ardiden will then move on to drill test the multiple drill targets between North Aubry and South Aubry, which were identified earlier this year through the field mapping and GPR survey.

Additionally, as previously announced on 27 September 2018 in drill holes ASD002 - ASD005, the current drill program will also incorporate drill testing of the extensions and consistency of the new spodumene-bearing pegmatite dykes, that are overlying the main North Aubry pegmatite.

Ardiden looks forward to providing further market updates as the drilling program progresses over the coming weeks.

To view tables and figures, please visit:
http://abnnewswire.net/lnk/AEM6538F

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

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

↧

Kingston Resources Limited (ASX:KSN) Misima Exploration Update

October 28, 2018, 6:30 pm

≫ Next: YPB Group Ltd (ASX:YPB) Investor Presentation

≪ Previous: Ardiden Ltd (ASX:ADV) High-Grade Lithium Results Support Growth at North Aubry

Kingston Resources Limited (ASX:KSN) (Kingston or the Company) is pleased to provide an exploration update with further assays expanding the newly discovered Ginamwamwa prospect, drilling progress within the Umuna resource and completion of the aerial Lidar survey over Misima at the 70% owned Misima Gold Project in Papua New Guinea.

Highlights

- Trenching at Ginamwamwa finds more large areas of high-grade gold:

o 50m @ 2.06 g/t Au

o 5m @ 9.57 g/t Au

o 34m @ 3.19 g/t Au

- Aerial LiDAR survey completed over Misima to assist in further target generation.

- Drill program ongoing, targeting resource extensions to central Umuna

Final assays have been received from further geochemical surface trench work at Ginamwamwa (see Figure 1, Table 1 in link below). Highlights include:

- 34m @ 3.19 g/t, at surface

o Incl. 8m @ 7.96 g/t

- 50m @ 2.06 g/t Au, at surface

o Incl. 8m @ 5.38

- 5m @ 9.57 g/t Au, at surface

- 6m @ 1.6 g/t Au, at surface

- 10m @ 1.23 g/t Au, at surface

o Incl. 2m @ 3.99 g/t

Kingston Resources Limited Managing Director, Andrew Corbett said: "Kingston's strategy at Misima is to demonstrate the potential of the existing 2.8Moz# resource while working up multiple exploration targets outside of the current resource. Ginamwamwa is just one of six such targets we are working on. It is a very positive sign for the exploration potential of the island that we are delivering these outstanding results at one of our first targets. Ginamwamwa is approximately 2km south of the Umuna resource and sits adjacent to the historic mill site. To be finding mineralisation at this type of grade away from the original resource is a big win."

Ginamwamwa now has mineralisation demonstrated over a broad 150m x 500m area. The current geochemical field program will see trenching continued over the next few months followed by preparation for drilling in 2019. Ongoing mapping of the prospective greenstone contact is helping the exploration team tighten the focus on surface mineralisation as the Company works to define the relationship between Ginamwamwa and other known mineralisation in the region, primarily the Quartz Mountain area to the northwest and Umuna to the northeast. At this stage, Ginamwamwa looks to have the potential to be a higher grade, low strip source of oxide ore. Such characteristics clearly illustrate that it is likely to add value to the Misima Gold Project as it becomes more defined.

Drilling Update

During the past 2 months, drilling has been hampered by an unacceptable level of mechanical problems with the diamond drill rig, which the contractor has had difficulty rectifying. This resulted in only a limited number of the planned holes being completed over this period. Following remedial work carried out in the last two weeks by the drilling contractor, productivity has improved. Drilling is now advancing along the west side of the Umuna Shear, targeting a variety of extensional and infill positions around the Inferred mineral resource near the Central Umuna area. Two further holes, GDD013 and GDD014, have been completed in this target area in October and the rig is currently drilling GDD015.

Results have now been received for three holes (GDD009, GDD010, GDD012, see Figure 2, Table 2 in link below). GDD009 and GDD010 were drilled in an area known as North Kulumalia, targeting down-dip extensions of the southern end of the main Umuna Shear beneath the existing resource. GDD012 was completed within the Central Umuna shear zone also testing depth extensions. While these holes have failed to identify the targeted depth extensions to the existing 2.8Moz Au resource, they represent only a limited area of the initial targeting. With the drilling performance now improving, Kingston anticipates being able to more rapidly assess remaining targets from this initial drilling program.

Andrew Corbett added: "There are a number of exploration targets at Misima and whilst the drilling performance so far has been slower than planned, we are very confident in the resource potential of the project. We have broad exploration optionality across Misima reflected by the number of targets identified and the early success at areas such as Ginamwamwa and Ara Creek, this gives us confidence in the outlook for the project."

Aerial LiDAR Survey

Kingston has completed an aerial LiDAR survey at Misima with the data now being collated and processed by the service provider. Kingston's aim with the LiDAR survey is to obtain an accurate and detailed terrain model which will assist and enhance the broader drilling and exploration program. The survey creates highly accurate and detailed models of the surface terrain while it is also expected to identify historical mining topography, current and historic artisanal mining, and potential geological features, as well as determining water drainage patterns.

To view tables and figures, please visit:
http://abnnewswire.net/lnk/8FO8DB81

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

↧

YPB Group Ltd (ASX:YPB) Investor Presentation

October 28, 2018, 6:33 pm

≫ Next: Thundelarra Ltd (ASX:THX) Fourth Quarter Activity Report

≪ Previous: Kingston Resources Limited (ASX:KSN) Misima Exploration Update

YPB Group Ltd (ASX:YPB) provides the Company's latest Investor Presentation at Techknow Invest Roadshow.

Investor highlights

- Enormous and compelling need for authenticity solutions

- Patented, world-leading applied technologies

- Revolutionary smart-phone technical breakthrough for mass market adoption

- Increasing annuity revenues

- Funded, lean, focused and gaining traction

To view the full presentation, please visit:
http://abnnewswire.net/lnk/FJ14I9FU

Mr. John Houston 
Executive Chairman
YPB Group Limited
E: john.houston@ypbsystems.com

↧

Thundelarra Ltd (ASX:THX) Fourth Quarter Activity Report

October 28, 2018, 7:09 pm

≫ Next: Nanollose Ltd (ASX:NC6) Successful Garment Made from Sustainable Nullarbor Fibre

≪ Previous: YPB Group Ltd (ASX:YPB) Investor Presentation

Thundelarra Ltd (ASX:THX) (OTCMKTS:TLXPF) provides the Company's Fourth Quarter Activity & Cashflow Report.

HIGHLIGHTS

WESTERN AUSTRALIA

- Garden Gully Gold Project, Murchison Region (THX 100%)

o Reverse Circulation ("RC") drilling at Crown Prince with diamond tails

o 11 RC holes with 6 RC pre-collars for 2,560m advance

o 6 diamond tails for 1,153m advance

o Significant intersections from the programme (downhole widths):

3.25m at 18.5 gpt Au from 107m in TGGRCDD142

6.0m at 4.0 gpt Au from 37m in TGGRC151

11.0m at 4.9 gpt Au from 42m in TGGRC153

5.0m at 3.6 gpt Au from 24m in TGGRC162

o Previously announced intersections (downhole widths):

3.5m at 7.6 gpt Au from 109m in TGGRC086

2.6m at 7.5 gpt Au from 130m in TGGDD090

4.0m at 16.5 gpt Au from 166m in TGGRC103

3.8m at 3.5 gpt Au from 220m in TGGRCDD108

2.40m at 66.5 gpt Au from 263.4m; within

5.65m at 29.2 gpt Au from 260.8m; within

8.00m at 22.3 gpt Au from 259.2m in TGGRCDD110

Refer ASX announcements of 15-Nov-2017; 12-Dec-2017; 08-Feb-2018; 24-Jul-2018

CORPORATE

- Cash position at 30 September 2018: $1.5 million (excl equity investments)

- Current marked to market value of equity investments: $0.2 million

SUBSEQUENT EVENTS SINCE 30 SEPTEMBER

- Acquisition of Abbotts Project from Doray (ASX report of 17 October 2018)

o Abbotts project surrounds and abuts the Garden Gully project

o Acquisitions increases project from 78 km2 to approximately 530 km2

o Thundelarra to issue 11 million ordinary shares as consideration

- RC and deep diamond drilling underway at Red Bore

To view the full report, please visit:
http://abnnewswire.net/lnk/986C4G04

Mr Tony Lofthouse
Chief Executive Officer
Telephone: +61-8-9389-6927
Email: info@thundelarra.com.au
Website: www.thundelarra.com

↧

Nanollose Ltd (ASX:NC6) Successful Garment Made from Sustainable Nullarbor Fibre

October 28, 2018, 7:20 pm

≫ Next: Classic Minerals Ltd (ASX:CLZ) September 2018 Quarterly Activity Report

≪ Previous: Thundelarra Ltd (ASX:THX) Fourth Quarter Activity Report

Nanollose Limited (ASX:NC6) ("Nanollose" or the "Company") is pleased to provide more information around the successful creation of a test garment made from the Company's Nullarbor(TM) fibre. This marks the first time a piece of clothing has been made using our Tree-Free rayon fibre, and is a drastic departure from clothing made from traditional rayon fibre that comes from environmentally challenging wood pulp processing.

Highlights;

- Successful creation of test garment made from the Company's Nullarbor(TM) fibre.

- Garment made using latest industrial 3D knitting machinery.

- Validation of commercial fibre-to-garment technology achieved.

The garment was created using the latest 3D sweater-knit technology, with the fibre performing extremely well and successfully withstanding the industrial manufacturing process.

This milestone is a significant step in Nanollose's journey from converting it's Nullarbor fibre into a piece of clothing, validating that the Company's technology could offer a commercially viable, eco-friendly manufacturing solution for the clothing industry who are urgently seeking alternatives to rayon and cotton fibres.

Furthermore, throughout all steps the fibre, fabric and garment were produced using standard industrial equipment currently used by textile and clothing manufacturers.

Nanollose Managing Director Alfie Germano said; "This garment represents another world first achievement for the Company and takes us a step closer to offering global clothing and textile manufactures with a sustainable fibre alternative. The textile and fashion industry are very sensory and tactile, to them seeing and touching is believing, so having the ability to produce garments will assist in securing commercial and development agreements. We now plan on refining our fibre-to-garment manufacturing process by implementing critical learnings uncovered during the process, with work already underway to create a showcase garment for clothing and textile groups.

Nanollose signs a policy with Canopy

Nanollose is also pleased to announce that the Company has been recognised as a next generation solution provider by Canopy, a global leader in forest conservation.

Canopy works to protect the world's forests, species and climate by collaborating with business leaders, scientists and decision-makers to help create sustainable supply chains and foster innovative solutions to environmental challenges.

Canopy works with over 750 of the forest industry's largest customers, from book publishers and printers to leading clothing brands and fashion designers, to help shape their purchasing practices and create permanent solutions for the world's threatened forests. Canopy's brand partners include H&M, Sprint, Penguin-Random House, Zara/Inditex, TC Transcontinental, Levi Strauss & Co., Stella McCartney, The Globe and Mail and Guardian Media Group.

http://canopyplanet.org/

To view figures, please visit:
http://abnnewswire.net/lnk/7J3FQNR7

Alfie Germano
CEO & Managing Director
Email: alfie.germano@nanollose.com
Phone: +61-411-244-477

Michael Wills
Media and Investor Relations
Email: michael.wills@nanollose.com
Phone: +61-468-385-208

↧

Classic Minerals Ltd (ASX:CLZ) September 2018 Quarterly Activity Report

October 28, 2018, 8:12 pm

≫ Next: Collaborate Corporation Ltd (ASX:CL8) Completion of Entitlement Issue

≪ Previous: Nanollose Ltd (ASX:NC6) Successful Garment Made from Sustainable Nullarbor Fibre

During the quarter, Classic Minerals Ltd (ASX:CLZ) completed another very successful drill campaign at the Forrestania Gold Project ("FGP") in Western Australia returning consistently high-grade results. The results of this and previous campaigns, is providing increasing confidence for the Company to expand the current Mineral Resource estimate at FGP.

The Company is looking forward to continuing its developments at the Forrestania Gold Project and Fraser Range during the 2nd Quarter (Oct - Dec 2018) and aims to:

- Continue focussed and targeted drilling at FGP, particularly at Kat Gap and Lady Magdalene.

- Further advance interpretation and discovery of significant new zones of gold mineralisation within the granite at Kat Gap, previously thought to be barren.

- Advance understanding of how overprinting Lady Ada - style gold mineralisation can be used to upgrade the resource at Lady Magdalene, having demonstrated the existence of a number of high-grade, cross-cutting gold lodes previously missed due to the wide spaced drilling.

- Continue drilling regional exploration targets at FGP including the Van Uden West prospect and the Lady Lila and Kat Gap deposits.

- Continue to explore the lithium potential at Kat Gap and Classic's Forrestania tenements.

- Carry out additional sampling and mapping at Fraser Range following data review that yielded high grade cobalt rock chip samples.

- Continue to pay down debt/liabilities.

To view the full report, please visit:
http://abnnewswire.net/lnk/U6TEMMSB

Classic Minerals Ltd
T: +61-8-6305-0221
E: contact@classicminerals.com.au
WWW: www.classicminerals.com.au

↧

Collaborate Corporation Ltd (ASX:CL8) Completion of Entitlement Issue

October 28, 2018, 8:13 pm

≫ Next: GOLDFund.io Reaches 34 Countries in First Month of Pre-ICO

≪ Previous: Classic Minerals Ltd (ASX:CLZ) September 2018 Quarterly Activity Report

Collaborate Corporation Limited (ASX:CL8) (Collaborate or the Company) is pleased to confirm that it has completed the partially underwritten non-renounceable entitlement issue to shareholders at an offer price of $0.015 per share (Entitlement Issue).

A total of 68,634,699 fully paid ordinary shares (Shares) were issued on 29 October 2018, representing take up of 90% of the total Shares offered under the Entitlement Issue and raising $1,029,521, before costs.

The terms of certain options provide that if the Company makes a pro rata issue of securities (except a bonus issue) to the holders of ordinary shares the option exercise price shall be reduced according to the formula specified in the ASX Listing Rules. The exercise prices of those options have been amended in accordance with ASX Listing Rule 6.22 and the new exercise prices are set out below.

The issued capital of the Company following completion of the Entitlement Issue is as follows:

- 687,752,556 Shares;

- 54,221,525 options with the following terms:(see link below)

Following completion of the Entitlement Issue, the Company has 8,755,033 shortfall Shares available due to rounding and adjustments made for acceptances by a related party underwriter who may only subscribe for up to his underwritten amount under the offer.

To view tables, please visit:
http://abnnewswire.net/lnk/FOG042I8

Collaborate Corporation Limited
Tel: +61-2-8889-3641
E: shareholder@collaboratecorp.com 
W: www.collaboratecorp.com

↧

GOLDFund.io Reaches 34 Countries in First Month of Pre-ICO

October 28, 2018, 8:14 pm

≫ Next: Venus Metals Corporation Limited (ASX:VMC) Quarterly Report

≪ Previous: Collaborate Corporation Ltd (ASX:CL8) Completion of Entitlement Issue

GOLDFund.io has launched into 34 countries, with new Bitcoin and GoldFund (GFUN) Wallets created for participants in less than one month.

Tim Mckinnon CEO of GOLDFund.io said, "We are very excited with the adoption of the GFUN coin and look forward to welcoming more global participants when we announce the Cryptocurrency Exchanges prior to December".

New subscribers at www.goldfund.io can obtain 10,000 GFUN coins at no cost, added to their cryptocurrency wallet, and tradeable on cryptocurrency exchanges from December 2018.

In addition, a physical GOLDFund coin will be sent to each new subscriber. The 24K Gold plated GFUN coin bearing the branding "Audentes Fortuna Juvat" in Latin is translated as "Fortune Favours the Bold".

Both GFUN cryptocurrency and the physical coin are available on:
http://www.goldfund.io

To receive 10,000 GFUN coins via an Airdrop, visit:
http://www.goldfund.io/airdrop

Particpants have joined from the following Countries:

Australia, Bangladesh, Canada, China, France, Germany, Ghana, Greece, Hong Kong, India, Indonesia, Israel, Italy, Japan, Monaco, Namibia, New Zealand, Nigeria, Ormiston, Pakistan, Philippines, Russia, Singapore, South Africa, Spain, Srilanka,
Switzerland, Thailand, Turkey, Uganda, Ukraine, United Kingdom, United States and Venezuela.

Crypto Tradeable 
Precious Metals
TEL: +61-2-8205-7340
FAX: +61-2-9225-9034
WWW: www.goldfund.io

↧

Venus Metals Corporation Limited (ASX:VMC) Quarterly Report

October 28, 2018, 10:08 pm

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Venus Metals Corporation Limited (ASX:VMC) provides the Company's Quarterly Report for the period ending 30th September 2018.

Venus Metals Corporation Limited's activities conducted during the quarter ending 30th September 2018 includes:

YOUANMI VANADIUM PROJECT: Major metallurgical breakthrough in regards to proof-ofconcept metallurgical leaching test work.

- A major breakthrough was achieved by proof-of-concept metallurgical leaching test work on oxide ores. The unique Youanmi vanadium oxide ore is characterized by high recoveries of vanadium (together with co-extraction of nickel, copper and cobalt) through simple atmospheric sulphuric acid leaching. This process makes bulk mining and acid leach processing an attractive development path for initial scoping study work.

- The initial beneficiation test work results confirm significant high-grade beneficiation of oxide samples with a grade increase from 0.58% V2O5 to 0.80% V2O5 and a recovery close to 80% of the vanadium.

- A 6000m RC drilling programme is scheduled to commence in November. This drilling together with historical data will provide information for the calculation of a measured resource, and will be an important step towards advancing to low-cost rapid vanadium production. The drilling will also provide material for advanced metallurgical testing.

GREENBUSHES EAST VMS PROJECT: Several HEM conductors identified

- An Xcite HEM survey flown by NRG at Venus' Greenbushes East project identified several EM conductors that coincide with magnetic anomalies. These targets show similarities with the Thor VMS-style discovery by Venture Minerals Ltd, located southwest and along strike.

- The EM anomalies identified by Venus occur proximal to anomalous historical Zn and Cu geochemistry and a historical gravity high.

YOUANMI LITHIUM PROJECT: Venus aligns with Lepidico Ltd (ASX:LPD)

Lepidico has completed 38 holes for 936m of RC drilling at 3 lepidolite targets in the northern half of E57/983. The drilling confirmed the presence of lepidolite-bearing pegmatites; assays are pending.

To view the full report, please visit:
http://abnnewswire.net/lnk/W7D81U37

Matthew Hogan
Managing Director
T: +61-8-9321-7541 

Barry Fehlberg
Executive Exploration Director
T: +61-8-9321-7541

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