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Kingston Resources Limited (ASX:KSN) AGM Presentation

November 7, 2018, 11:23 pm
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Kingston Resources Limited (ASX:KSN) provide the 2018 AGM Presentation.

Key Summary.

- A 2.8Moz Au resource that is growing in scale and grade through exploration

- Highly credible global JV partners in Nippon Metals and Mitsui

- Aiming to re-establish Misima as a large scale and low cost open pit gold mine

- Livingstone Gold Project in WA also has considerable upside potential

- Growing institutional interest

- Steady news flow through to end of calendar 2019 - multiple valuation uplift catalysts

To view the AGM Presentation, please visit:
http://abnnewswire.net/lnk/G544522O 

Kingston Resources Limited
T: +61-2-8021-7492
E: info@kingstonresources.com.au
WWW: www.kingstonresources.com.au
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White Cliff Minerals Ltd (ASX:WCN) Supplementary Prospectus

November 8, 2018, 12:36 am
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White Cliff Minerals Ltd (ASX:WCN) supplementary prospectus (Supplementary Prospectus), intended to be read with the prospectus dated 16 October 2018) (Prospectus), issued by White Cliff Minerals Limited (ACN 126 299 125) (Company).

This Supplementary Prospectus is dated 8 November 2018 and was lodged with the ASIC on that date.

The ASIC, the ASX and their respective officers take no responsibility for the contents of this Supplementary Prospectus. This Supplementary Prospectus should be read together with the Prospectus. Other than as set out below, all details in relation to the Prospectus remain unchanged. Terms and abbreviations defined in the Prospectus have the same meaning in this Supplementary Prospectus.

This Supplementary Prospectus will be issued with the Prospectus as an electronic prospectus, copies of which can be downloaded from the website of the Company at www.wcminerals.com.au. This Supplementary Prospectus should be read together with the Prospectus. You should read both documents in their entirety and, if in any doubt, consult your professional advisers before deciding whether to apply for Shares. There are risks associated with an investment in the Company.

To view the supplementary prospectus please visit:
http://abnnewswire.net/lnk/SR80BDB8 

Todd Hibberd
Managing Director
T: +61-8-9321-2233
E: info@wcminerals.com.au
W: www.wcminerals.com.au
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Environmental Clean Technologies Ltd (ASX:ECT) 2018 Annual Report to shareholders

November 8, 2018, 2:26 pm
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Environmental Clean Technologies Ltd (ASX:ECT) provides the 2018 Annual Report to shareholders. The fundamental technologies of the company are:


Coldry - Unique low rank coal drying technology

- IP owned 100% by ECT and protected in all major markets

- World's most efficient pre-drying process for high moisture content coals

- Enables low-rank coal use in downstream conversion process for high value products and applications

- Outstanding environmental credentials including a zero net CO2 footprint from the process

- Construction-ready designs for first commercial scale plant ready to go

Matmor - Primary iron processing technology

- Intellectual property owned 100% by ECT

- Integrates with Coldry which acts as the feedstock preparation stage

- Reduces manufacturing costs by ~65% through use of low cost, abundant raw materials

- Reduces energy costs through innovative thermo-chemical pathway (impact embedded in manufacturing costs above)
- CO2 emissions reduction helps deliver lower emissions intensity

To view the Annual Report, please visit:
http://abnnewswire.net/lnk/V4EENE1M 

Glenn Fozard
Chairman
Environmental Clean Technologies Ltd
E: info@ectltd.com.au
WWW: www.ectltd.com.au
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Goldfields Money Ltd (ASX:GMY) AGM Presentation

November 8, 2018, 3:46 pm
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Goldfields Money Ltd (ASX:GMY) provides the 2018 AGM Presentation.

Key Goldfields Money Points:

Goldfields is Australia's new revolutionary digital bank, distributing first class products through a largely branchless distribution network

Core business operating metrics continue to be well ahead of system growth, ASX listed peers and remain strong

Changing consumer attitudes and habits create a significant opportunity for nimble, customer centric banking

Government support for "Open Banking" in Australia commencing 1 July 2019 will provide enhanced growth opportunities

To view the presentation, please visit:
http://abnnewswire.net/lnk/92Z091C0 

Investor / Media Enquiries
Simon Lyons
Executive Director & CEO
Goldfields Money
Ph: +61-8-9438-8810

Andrew Rowell
Director - Investor Relations
Cannings Purple
M: +61-400-466-226
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Goldfields Money Ltd (ASX:GMY) Q1FY19 Business Update

November 8, 2018, 6:20 pm
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Goldfields Money Limited (ASX:GMY) ("Goldfields Money" or the "Group") is pleased to provide the following update for the quarter ended 30 September 2018.

Trading Update Q1 2019

The quarter ended 30 September 2018 was a strong one for both Goldfields Money and Finsure with the group achieving business all-time records across all key operating metrics.

The Group's organic growth rates are materially in excess of system growth and our ASX listed peers as the Group's unique business model continues to win market share.

Integration Update

People, operations and risk management

- Integration plan well progressed

- Group culture audit complete

- Organisational charts and roles and responsibility matrix completed

- Rhizome Advisory appointed for CPS 220 risk management review and NOHC application

Technology

- Technology strategy and roadmap in place

- Successfully implemented first phase of digital banking system release

- Existing customer migration to new platform complete

- New mobile banking app fully operational

- Apple Pay and Android Pay live on app

- New website launched

- New managed desktop now fully functional

Brand and Sales

- Houston Group appointed for Group rebrand

- Record Q1FY19 loan settlements

- Closed Q1F19 with record 1,508 loan writers

30 June 2019 Business Targets

- Full integration of Better Choice team

- Key personnel hire including Group Chief Financial Officer, Chief Technology Officer and Chief Risk Officer

- Introduction of new white label deposit products

- Completion of off-balance sheet facility

- Company rebrand and launch of a new consumer centric product brand

- Phase 2 roll out of digital banking platform

To view tables and figures, please visit:
http://abnnewswire.net/lnk/094D3B4D 

INVESTOR / MEDIA ENQUIRIES 
Simon Lyons 
Managing Director
Goldfields Money
+61 417 178 325
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OtherLevels Signs Leading European Wagering Operator for US Sportsbook Launch

November 8, 2018, 2:28 pm
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OtherLevels Holdings Limited (ASX:OLV)(FRA:7OL) ("OtherLevels") has announced that it has signed a leading European wagering operator's US subsidiary, and will be powering the mobile messaging for their first US on-line sportsbook.

The operator is licenced for on-line sportsbook wagering in the State of New Jersey, and will become the 4th OtherLevels client to be licenced to operate an on-line sportsbook in New Jersey.

Brendan O'Kane, the OtherLevels Managing Director, commented "We are thrilled to sign this new European operator, and to support their US entry. OtherLevels now has 4 clients launching on-line sportsbooks in the State of New Jersey. It is the epicentre of the rapidly growing US sportsbook wagering sector and is viewed by US and European operators as the launchpad for the wider US market, as and when other US states legalise on-line sports betting."

O'Kane added "It is easy to understand the huge investment going into the emerging US sports betting market. New Jersey alone is a market with half the population of Australia, and the combined New Jersey, New York and Pennsylvania region has nearly double the population of Australia.

The combined US population is 5 times the size of the UK, which is one of the world's most sophisticated on-line wagering markets. The US will be a fiercely competitive market, which is opening the opportunity for OtherLevels, to deliver innovative and differentiated web and app engagement solutions for new entrants. OtherLevels, with an experienced team in Philadelphia, is very well placed to exploit this opportunity." 

Brendan O Kane
CEO & Managing Director
E: brendan.okane@otherlevels.com

Andrew Ritter
Company Secretary
E: andrew.ritter@otherlevels.com
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State Gas Limited (ASX:GAS) PRIMERO WEST-1 SPUDDED

November 11, 2018, 2:50 pm
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State Gas Limited (ASX:GAS) is pleased to advise that, the Primero West-1 well at the Reid's Dome Gas Project was spudded on Saturday, 10 November at 11:30AM AEST.

Sliver City Drilling has supplied Rig-25 for the drilling program and the co-ordinates for the Primero West-1 are:

Latitude: 24o 47' 12.860" S

Longitude: 148o 18' 42.718" E

State Gas Limited is Operator and 60%-owner of the Reid's Dome Gas Project. 

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

Greg Baynton
Executive Director
M: +61-414-970-566
E: greg@stategas.com
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Investigator Resources Ltd (ASX:IVR) Investigator Receives A$0.66 Million R&D Tax Refund

November 11, 2018, 2:54 pm
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Investigator Resources Limited (ASX:IVR) is pleased to announce it has received A$657,958 as a tax concession for the 2017/18 year under the Federal Government's Research and Development ("R&D") Tax Incentive program.

The R&D Tax Incentive program helps businesses offset a portion of costs relating to certain R&D activities. The incentive is jointly administered by AusIndustry (on behalf of Innovation Australia) and the Australian Taxation Office.

The refund recognises the Company's innovative approach to its on-going research projects that are testing alternative hypotheses to the accepted geological norm. Our new ideas are advancing the understanding of South Australia's ore geology to rejuvenate the exploration space and choice of target commodities and styles in the State.

Investigator acknowledges the value of government assistance that initiatives such as the R&D Tax Incentive program provides, supporting innovative thinking and early stage work.

The received A$657,958 is additional to the previously reported cash balance of A$1.95million as at the quarter ended 30 September 2018. 

Mr Andrew McIlwain
Acting CEO/Director
Investigator Resources Limited
E: info@investres.com.au
T: +61-8-7325-2222
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Core Exploration Ltd (ASX:CXO) New Lithium Intersections at Lees-Booths Link Prospect

November 11, 2018, 3:45 pm
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Emerging Australian lithium developer, Core Exploration Ltd (ASX:CXO) (FRA:7CX) ("Core" or the "Company"), is pleased to announce new exploration results for drilling between the Lees and Booths Prospects that supports the exploration model that the two prospects are geologically linked.

HIGHLIGHTS

- Pegmatite intersections in all 10 step-out holes at Lees and Booths support the concept of continuous linking pegmatites between the two prospects

- Multiple pegmatites variable mineralised with spodumene intersected over 1,000m strike length

- Pegmatite widths of up to 23m and dipping at 45 degrees support potential for a low-strip ratio open pit mining operation

- Further infill drillholes planned to enable mineral resource estimation at Booths-Lees

- Booths-Lees Link interpreted to be a concealed pegmatite swarm with potential to materially up-scale the Finniss Project resource inventory

- Results expected throughout the remainder of 2018 from ongoing exploration drilling programs at the Finniss Lithium Project

Core recently announced that it had compiled evidence of a link between the lithium rich pegmatites at Lees and Booths and immediately commenced a RC drill campaign to test the model. Core's geologists had sufficient confidence to plan an additional 10-15 holes, of which, the Company has received results from the first 10 that have now been drilled.

All 10 holes contain at least one pegmatite intersection in the range 6-23m thick (Figure 1; Table 1). Most holes contain multiple intersections of pegmatite that can be tied with reasonable confidence to pegmatite intersections in holes along strike and down-dip. This has enabled the construction of a series of cross-sections perpendicular to the strike with a consistent geological pattern of NW-strike and 45 degrees dip to the NE (Figures 1, 2 and 3).

At this stage, each of these sections is constrained by at least two holes and mirror in many respects the better-constrained sections at the Lees and Booths prospects (Figures 2 and 3).

While there are currently no assay results received to date for the current round of drilling, based on visual estimates from drill chip samples and results from previous drilling, the pegmatites are expected to be variably mineralised with spodumene1.

Given the relatively shallow dip and apparent lateral consistency over 1km of strike, the Lees-Booths Link has the potential to significantly expand the lithium resource inventory at the Finniss Lithium Project in the Northern Territory.

Significantly, the discovery and delineation of a buried pegmatite swarm at Lees-Booths provides confidence that the Bynoe Pegmatite Field has other concealed spodumene pegmatite deposits, which Core will work methodically to discover and define to provide a production pipeline for the Finniss Project.

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

"These exploration results demonstrate the potential to uncover large blind spodumene-rich pegmatite swarms at the Finniss Lithium Project. The historic pits and workings at Lees and Booths are likely to be just a small surface footprint of more extensive pegmatites buried under thin cover in the area.

The remainder of 2018 is shaping up to be a very busy one for Core as we continue to progress Grants towards development whilst examining the drilling data at a number of other prospects to bring these into the Project's resource inventory." 

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
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MMJ PhytoTech Ltd (ASX:MMJ) Further Investment in Embark

November 11, 2018, 3:57 pm
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MMJ Group Holdings Limited (ASX:MMJ) (FRA:2P9) (OTCMKTS:MMJJF) ("MMJ") is pleased to announce that it has invested CAD$2.5 million of equity into privately-held Embark Health Inc ("Embark"). This increases MMJ's total investment in Embark to CAD$2.65 million for a basic shareholding of circa 10%*.

MMJ's CEO Jason Conroy commented that "We are delighted by the opportunity to make a significant follow-on investment in Embark to support Bruce Dawson-Scully and his experienced management team in developing the quintessential cannabis extraction facility to service Canadian and global medical and recreational markets."

For further information on Embark, please visit:
http://embarkhealthinc.com 

Investor and Media Enquiries:
Jason Conroy
Chief Executive Officer
T: +61-2-8098-0819
E: info@mmjgh.com.au
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Core Exploration Ltd (ASX:CXO) Change of Company Name - Core Lithium Ltd

November 11, 2018, 9:09 pm
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Emerging Australian lithium developer, Core Exploration Ltd (ASX:CXO) ("Core" or the "Company"), is pleased to announce that the Company has received a Certificate of Registration on Change of Name from ASIC and its name is now Core Lithium Ltd.

Core shareholders approved the change of Company name on 8 November 2018. The Company's ASX code will remain as "CXO" and the name change will be updated in ASX records on Wednesday 14 November 2018. 

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
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White Rock Minerals Ltd (ASX:WRM) White Rock - Chairman's Address

November 8, 2018, 6:59 pm
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Good morning and welcome to this the 9th annual general meeting of White Rock Minerals.

For a number of reasons, the past year has been both interesting and tough for the small end of the resources sector where White Rock resides. However, despite these head winds, we have made significant and exciting advances towards broadening and strengthening our Company's resource base and quality.

With the completion of the "Gold First" pre-feasibility work at Mt Carrington in Northern New South Wales, announced at the end of last year, we now have a well-defined pathway of some 12 to 18 months and approximately $3.5M to complete a definitive feasibility study, activate our community consultation strategy and in tandem complete and lodge our Environmental Impact Statement with the NSW Government. Once the subsequent approvals are received, we have the makings of an economically viable project ready to develop into an initial 4-plus years 35,000oz per annum gold producer generating an expected internal rate of return of 34%, a capital cost payback under two years and a free cash flow of $36M over this initial "Gold First" period (refer to announcement of 27 December 2017 for further details including the key assumptions applied in the project economic analysis). With the project established and operating, it is expected that the gold operation can be followed by silver-focused production for a further three years. During this initial operating period, our highly prospective mining and exploration tenements can be explored to secure further feed to extend the project's life and profitability.

Several non-binding indicative proposals to invest in Mt Carrington have been considered. The Company remains open to this type of approach, because with completion of the definitive feasibility study and all permits received, the US$19M project funding term sheet from long term strategic partner Cartesian Royalty Holdings remains on the table to underpin the project's construction and development.

The second asset being advanced by the Company is our 100% owned Red Mountain high grade zinc-silver-lead-gold volcanogenic massive sulphide (VMS) project south of Fairbanks, in central Alaska. This year, beginning in the early northern hemisphere Spring (March), the project area was accessed by an ice-road using existing trails and an exploration base was established with accommodation, maintenance and administration facilities alongside an existing airstrip to facilitate fixed wing and helicopter services for personnel transport and supply.

Diamond drilling commenced in May, and continued until September, achieving some great results and which supported the high-grade tenor of the maiden JORC Resource announced last year; this maiden resource had already placed the Red Mountain Project in the top quartile of undeveloped high-grade zinc VMS projects in the world, with a Resource of 9.1Mt @ 12.9% ZnEq1. The initial drill program focus was on infill and expansion of the high-grade maiden resource. Three of the diamond holes in this initial phase produced mineralised intercepts with outstanding assay results. At the Dry Creek deposit, one of the drill hole intercepts was the best ever achieved in the Discovery lens, intercepting 4.7m assaying 19.5% zinc, 7.8% lead, 466g/t silver, 6.9g/t gold, and 1.5% copper, for a 49.7% ZnEq grade, and a second intercept of 4.3m with a 43.2% ZnEq grade was also achieved. At the West Tundra deposit, a best ever intercept of 3.5m @ 15.1% Zn, 6.7% Pb, 518g/t Ag, 2.1g/t Au and 0.2% Cu for 35.2% ZnEq was also achieved.

In parallel with this drilling program, field activities included the application of simultaneous ground CSAMT geophysics, downhole electromagnetics, geological reconnaissance mapping and surface geochemical sampling programs, all supported by a field camp with the capacity for up to 25 personnel. These activities were professionally managed by our consultant geologists based out of Fairbanks and done without incident or accident.

A new VMS discovery was made at the Hunter prospect, where the extent of outcropping sulphides was confirmed with assays from diamond drill holes returning intercepts with ZnEq grades of 25.8% and 19.5%. This discovery remains open east and west and down dip with massive sulphide mapped for over 500 metres along strike on the surface.

The Company's extensive strategic tenement package of some 143km2 provides continual exploration and discovery potential as drilling only occurred in the south-eastern corner of our land package, with follow-up drill targets already identified for next year. Further, the success of the geophysics tool used, and the regional recon work done this year, provides ample opportunity for ongoing exploration and discoveries for the year ahead. It is to be remembered that VMS deposits tend to come in camps - clusters - and our work in just our first field season has supported this model.

The potential of the Red Mountain project has been recognised by leading Australian copper miner Sandfire Resources. The Company and Sandfire entered into a strategic relationship in July and Sandfire now holds 12.7% of White Rock and has the right and exclusive option to enter into an earn-in joint venture agreement in relation to the Red Mountain Project, which option may be exercised prior to 31 December 2018. Broad earn-in terms have been agreed and include the right to earn an initial 51% of the Red Mountain project with a minimum expenditure of $20M over 4 years. Sandfire can earn a further 20% through the expenditure of $10M and the delivery of a pre-feasibility study within the following 2 to 3 years. With the exploration camp and equipment already in place, the next phase of the exploration program is ready to commence in the spring of 2019.

So, where does this place our Company for the year ahead?

We are operating in an investment environment that almost exclusively favours companies with operating mines and positive cash flow; exploration and developing companies find it a real challenge to attract the support to add value and evolve to an operating status. The uncertainty of markets and policy projected by national and international governments has led to investors adopting a cautious approach to investment. As is always the case, quality assets will attract support, and White Rock is well placed with its Mt Carrington and Red Mountain projects. The demand for, and pricing of, the metals that we can produce remain strong, and we have the management and support capability to continue to evolve our projects.

Your board would like to acknowledge the commitment and leadership of our MD and CEO Matt Gill. Despite the difficult investment environment, Matt continues as the outstanding leader of the Company, securing the funding and shareholder and stakeholder support that is going to result in White Rock reaching producer status.

We also thank our loyal shareholders and the legal, accounting, broking and other service groups for their continuing support and advice.

Brian Phillips, Chairman 

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

Shane Turner (Company Secretary)
Phone: +61-3-5331-4644
Email: info@whiterockminerals.com.au
Website: www.whiterockminerals.com.au
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White Rock Minerals Ltd (ASX:WRM) White Rock - Changes to Chairman

November 8, 2018, 7:24 pm
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Mr Phillips has advised the Board just prior to today's Annual General Meeting of his intention to step down as Chairman and as a Member of the Board prior to the end of this calendar year. Mr Phillips has held the role of Chairman since foundation of the Company in 2010. Mr Phillips has overseen the development of Mount Carrington to a positive gold first pre-feasibility and the acquisition of and development of a high-grade zinc VMS project at Red Mountain. Mr Phillips leaves the Company with two very good Projects.

The Board acknowledges and thanks Mr Phillips for his significant contribution and guidance.

White Rock Minerals is pleased to announce that Non-Executive Director, Mr Peter Lester will take up the position of Chairman later this year when current Chairman, Mr Brian Phillips steps down.

Mr Lester has been a Non-Executive Director since 2013. Mr Lester has over 40 years experience in the Mining Industry and has held senior executive positions with North Ltd, Newcrest Mining Limited and Oxiana/Oz Minerals Limited and Board positions with Doray Minerals Ltd, Kidman Resources Ltd, Helix Resources Ltd and Citadel Resource Group Limited. The Board looks forward the next steps under the guidance of Mr Lester.

The Company will update the market when the date of change occurs. 

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

Shane Turner (Company Secretary)
Phone: +61-3-5331-4644
Email: info@whiterockminerals.com.au
Website: www.whiterockminerals.com.au
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White Cliff Minerals Ltd (ASX:WCN) Results of Renounceable Rights Issue

November 12, 2018, 2:28 pm
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White Cliff Minerals Limited (ASX:WCN) ("White Cliff" or "the Company") is pleased to advise that the Renounceable Entitlements Offer announced on 16th October ("the Offer") has closed.

The Company has been advised by the rights issue underwriter, CPS Capital Group Pty Ltd, that it has received commitments from its clients to place all the shortfall shares. The allocation of the shortfall shares is expected to occur at the same time as the rights issue acceptances are allocated in accordance with the rights issue timetable.

The net proceeds from the Offer will be used to further advance the Company's Aucu Gold project in the Kyrgyz Republic, the Coronation cobalt-nickel project in Australia, repay debt and for general working capital.

The new securities are expected to be issued on Thursday, 15 November 2018, in accordance with the timetable in the prospectus.

White Cliff's Managing Director, Todd Hibberd said, "The Company is very pleased with the strong response to the rights offer and is now debt free and is working to advance both the Aucu gold project where the focus is on adding further gold resources and the Coronation Dam cobalt and nickel project where the Company will calculate a maiden cobalt and nickel resource".

To view the outcome, please visit:
http://abnnewswire.net/lnk/4069NHNL 

Todd Hibberd
Managing Director
T: +61-8-9321-2233
E: info@wcminerals.com.au
W: www.wcminerals.com.au
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Central Petroleum Limited (ASX:CTP) Reserves Update

November 12, 2018, 2:43 pm
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Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CPTLF) ("Company" or "Central") announce that internationally recognised petroleum consultants Netherland, Sewell & Associates, Inc. have estimated net petroleum reserves and contingent resources for the 100% owned Palm Valley Field and Dingo Field, and for the 50% interest in the Mereenie Oil & Gas field (Figure 1 in link below), each operated by Central, as of 30th June 2018.

Highlights

Total Company oil and gas reserves and contingent resources have increased substantially.

Proven (1P) gas reserves have increased 65% to 134PJ, Proven and Probable (2P) gas reserves have increased 37% to 169PJ, and Proven and Probable and Possible (3P) gas reserves are 205PJ.

Proven oil reserves have also increased, with 1P up 109% to 0.78 million barrels, 2P up 154% to 0.97 million barrels, and the 3P is 1.15 million barrels.

In the Mereenie Field, the 1P gas reserves have increased 39% to 78PJ, 2P gas reserves have increased 28% to 89PJ, and the 3P gas reserves are 98PJ.

At Palm Valley Field, the 1P gas reserves have increased 45% to 24PJ, the 2P gas reserves have increased 86% to 42PJ, and 3P gas reserves are 58PJ.

In the Dingo Field, the 1P gas reserves have increased 287% to 31PJ, the 2P gas reserves have increased 23% to 38PJ, and 3P gas reserves are 48PJ.

The movement in reserves and contingent resources in Mereenie gas is due to additional field production data, plus confirmed access to the gas market through the Northern Gas Pipeline (NGP). The increase seen for Mereenie Oil is due to additional field production and pressure data.

The movement in Palm Valley reserves and contingent resources is due to confirmed access to the gas market through the NGP, and additional proven undeveloped reserves from the Palm Valley 13 well.

The movement in Dingo Gas reserves and contingent resources comes from additional field production data and confirmed access to the gas market through the NGP.

QUALIFIED PETROLEUM RESERVES AND RESOURCE EVALUATOR REQUIREMENTS

The reserves and resources information in this Central Petroleum Limited Australian Securities Exchange ("ASX") document provided to Netherland, Sewell & Associates, Inc. ("NSAI") relating to Mereenie Field, Palm Valley Field and Dingo Field are based on, and fairly represents information and supporting documentation prepared by, or under the supervision of Mr. Dan Paul Smith. Mr. Dan Paul Smith is a full-time employee of NSAI holding the position of Senior Vice President who has a B.S. Petroleum Engineering degree from Mississippi State University and is a licensed professional engineer in the State of Texas. He is a member of the Society of Petroleum Engineers and is qualified in accordance with ASX listing rule 5.41.

To view tables and figures, please visit:
http://abnnewswire.net/lnk/H210AMCW 

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

Media Enquiries
Helen McCrombie at Citadel-MAGNUS
T: +61-2-8234-0103
M: +61-411-756-248
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Australian Potash Ltd (ASX:APC) Successful Infill Drilling Program

November 12, 2018, 3:08 pm
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Australian Potash Limited (ASX:APC) (Australian Potash) is pleased to advise the completion of an infill drilling campaign across the Lake Wells SOP project resource area (Figure 4 in link below).

Highlights:

- 8 hole/1,086m Air-Core program completed at Lake Wells SOP Project

- Continuous basal sand layer intersected with indications of high permeability, further validating the proposed bore field brine abstraction method for the commercial project development

- Drilling outside of the current JORC resource envelope is likely to expand the Resource base

- Samples being assayed for grade, and aquifer parameter testing

- Program represents major milestone in the Resource/abstraction workstream for the DFS

Australian Potash Managing Director Matt Shackleton said: "We are in the geologically favourable position at our Lake Wells SOP project where we don't have to rely on trenching to abstract the potassium rich brine. A long, deep and broad palaeochannel affords us the low risk, all-weather bore field abstraction method utilised at hundreds of mining operations across the country to abstract brines (whether for mineral processing or dewatering).

"The key to brine abstraction, regardless of if bores are available or trenching has to be used, is a permeable aquifer from which to abstract. This is often a function of the presence and amount of sand in the aquifer. Sand is usually permeable and clay is not.

"This infill program continued to intersect aquifers and at times, brine-flow inhibited the speed with which the hole could be completed. And most pleasingly we saw thick layers of coarse sand through the aquifers, commencing 30 to 40 metres above the basement.

"The volume of brine at APC's Lake Wells SOP project is enormous. More than 2 billion tonnes exists in our Mineral Resource Estimatei, underpinning a proposed long-lived asset development" Mr Shackleton said.

Infill Drilling Program

To increase the confidence in the Lake Wells Sulphate of Potash Brine resource additional information needed to be collected and accounted for in the hydrogeological model. For hydrogeological consultants AQ2 to upgrade known resources into a measured category, and ultimately into reserves, additional information is required to increase the knowledge of, and confidence in, the current resource. Specific requirements include:

- Better definition of shape and volume of the palaeo-valley through analysis of a combination of passive seismic and drilling data;

- Better definition of aquifer dimensions, again using passive seismic and drilling data;

- Increased understanding of aquifer properties. Several lines of evidence feed into defining aquifer properties such as particle size distribution (PSD) gained from drill samples, down hole logging with BMR, and various pump tests;

- Brine grade/quality as determined from sampling and laboratory assay; and

- Abstraction rates and production potential.

Over a two-week period eight exploration bores were completed for a total of 1086m, all planned to answer questions on resource quality and quantity. All bores encountered the surficial aquifer, with six of the eight holes also penetrating the basal aquifer. Of the two bores that failed to penetrate the basal aquifer, one was prevented from drilling to depth by drilling conditions, and the other terminated in basement granite without intersecting the basal aquifer.

Where the basal sand was intercepted, it was often coarse and permeable (Figure 3 in link below) with brine-flow volumes slowing progress of the drilling. Many important observations have been made regarding the nature of the basal aquifer including the coarse sand and the presence of lignite. Lignite samples have been submitted for age-dating which will add substantially to the interpretation of the Lake Wells palaeo-river system and subsequent infill. All bores had PVC monitoring pipe installed and these will perform an important role moving forward in the ongoing testing of the aquifers.

Resource Upgrade Potential

As demonstrated in Figure 4, there is potential for an increase in the Mineral Resource at the Lake Wells SOP Project with the additional data from this infill drilling program. Two areas are likely to add to the current Resource: the central area that was acquired from AngloGold Ashanti in 2017, and the southern area where no previous drilling has been conducted.

Any increase in the mineral Resource Estimate for the project could add longevity to the current plan, and/or increase the output from the staged development scenario that has been proposed.

Lake Wells Sulphate of Potash Project

The Lake Wells SOP Project is targeting the production of 150,000 tonnes per annum through an initial Stage-1 development, rising to 300,000 tonnes per annum on development of Stage- 2. Costs of production place the project in the lowest quartile on the global operating costs' curve.

Auspiciously located 280kms from bulk rail terminals at Leonora (Figure 5 in link below), APC has in place Memorandums of Understanding with two of China's largest agricultural companies for a combined 200,000 tonnes per annum of off-take. Australian Potash is committed to supplying SOP to Australian farmers and is actively engaged with large fertiliser distributors in Western Australia. It is anticipated that over time, the demand for SOP within the domestic Australian market will increase materially through the presence of a local supplier.

To view tables and figures, please visit:
http://abnnewswire.net/lnk/G3AFNLKN 

Matt Shackleton 
Managing Director and CEO
E: m.shackleton@australianpotash.com.au 
M: +61-438-319-841

Jim Walker
Chairman
E: j.walker@australianpotash.com.au
M: +61-459-041-052
↧

Nanollose Ltd (ASX:NC6) Murdoch University Research Agreement For Tissue Engineering

November 12, 2018, 3:18 pm
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Nanollose Limited (ASX:NC6) (FRA:N0L)("Nanollose" or the "Company") is pleased to announce that it has entered into a research agreement ("Agreement") with Murdoch University to progress the Company's research into the use of its microbial cellulose (MC) as a scaffold in tissue engineering.

Highlights;

- Agreement provides resources to progress research using Nanollose's microbial cellulose in human and animal tissue engineering applications

- Nanollose to retain all Intellectual Property resulting from the research

Every day thousands of surgical procedures are performed to replace or repair tissue that has been damaged through disease or trauma. The developing field of tissue engineering aims to regenerate damaged tissues by combining cells from the body with scaffold biomaterials, which act as templates for tissue regeneration, to guide the growth of new tissue.

The Agreement will encompass two discrete projects over the course of approximately six months to determine if Nanollose's microbial cellulose can be used as scaffolds for human tissue growth, a market expected to reach USD 11.5 billion by 2022. The second project will assess the viability of Nanollose's microbial cellulose as a scaffold for animal tissue growth for potential applications in the rapidly emerging field of artificial meat products.

While Nanollose is currently focussed on commercialising its revolutionary Tree-Free Nullarbor(TM) fibre, its microbial cellulose technologies also have potential applications in a wide range of other markets including paper and packaging, medical and agricultural. The Company is seeking to progress a number of these opportunities through partnerships with organisations with specific skills and interests in the relevant fields.

The Agreement allows Nanollose to access specialised expertise and equipment in the field of tissue engineering in a timely and cost-effective manner. Under the terms of the Agreement Nanollose will retain all intellectual property resulting from the projects.

Nanollose Executive Chairman Dr Wayne Best said, "Partnering with Murdoch University in this way allows Nanollose to develop its intellectual property and opportunities in tissue engineering without having to divert internal resources from its main focus of developing the Company's revolutionary Tree-Free Nullarbor fibre." 

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
↧
↧

Speedcast International Ltd (ASX:SDA) Expands Service Around the Globe for Schlumberger

November 12, 2018, 3:26 pm
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Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDF), the world's most trusted provider of remote communication and IT solutions, today announced that the company has been awarded multi-year contracts in multiple countries to enhance existing global services for Schlumberger, the world's leading oilfield services provider.

The newest improvements include equipment and network upgrades leveraging the latest in modem and terminal technologies in countries such as Pakistan, China, Australia and New Zealand, adding to an extensive list of global network enhancements awarded earlier in 2018 by this customer. Technology upgrades for sites in Latin America as well as secure network upgrades and new services commissioned in the Gulf of Mexico, Southeast Asia, Europe, Middle East and Sub-Saharan Africa further demonstrate the strength of the global partnership between the two companies, which have been working together for over 10 years in the most challenging remote and harsh environments.

"We take great pride in consistently offering enhancements and expansions to the services we provide for Schlumberger," says Keith Johnson, Speedcast's EVP of Energy. "We strive to keep all of our customers at the cutting-edge of available technologies and services that improve and simplify their critical operations in remote environments anywhere in the world. We are delighted that Schlumberger leverages our scale to maximize their operational efficiencies across the globe for a wide variety of connectivity solutions, from equipment rentals to secure, fully-managed networks."

Speedcast holds a leadership position as the largest, most trusted communications and IT solutions provider for the Energy market with more than 30 years' experience serving customers both onshore and offshore. Speedcast leverages the most robust global network in the mobile satellite industry to develop solutions for critical applications anywhere in the world. The company's extensive infrastructure promotes flexibility and operational efficiency, allowing customers to scale their networks to current requirements and business needs while receiving world-class 24/7 support.

Toni Lee Rudnicki
Vice President, Global Marketing
Speedcast International Ltd
E: tonilee.rudnicki@speedcast.com
T: +1-832-668-2634
↧

MMJ PhytoTech Ltd (ASX:MMJ) MediPharm Labs receives sales licence

November 12, 2018, 3:27 pm
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MMJ Group Holdings Limited (ASX:MMJ) (FRA:2P9) (OTCMKTS:MMJJF) ("MMJ") is pleased to attach a copy of a news release by MediPharm Labs Inc ("MediPharm Labs") (CVE:LABS) confirming that it has been issued a sales licence by Health Canada.

MMJ owns 5.2 million shares and 2.9 million warrants (exercisable at CAD$1.20 per share by October 2020) in MediPharm Labs.

To view the MediPharm Release, please visit:
http://abnnewswire.net/lnk/600M1PPM 

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

State Gas Limited (ASX:GAS) PRIMERO WEST-1 DRILLING UPDATE

November 12, 2018, 3:33 pm
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State Gas Limited (ASX:GAS) is pleased to advise that, as anticipated, the Primero West-1 well at the Reid's Dome Gas Project (PL 231) encountered gas overnight at 134 metres within the Cattle Creek Formation.

Based on the Company's seismic reprocessing efforts during 2018, the Primero West-1 well was located and designed to test the Cattle Creek Formation within PL 231 and is 100%-funded by State Gas Limited in accordance with the requirements of the Joint Venture Operating Agreement.

Primero West-1 is located approximately 650m southwest of AOE-1 and is testing the southwestern extent of the Cattle Creek gas sand discovered in AOE-1 in 1955.

As previously advised, at completion of drilling, logging and flow-testing of Primero West-1, the well will be plugged and abandoned on the basis that any full-field development of the Cattle Creek Formation within PL 231 will require additional drilling and a focused seismic program to optimise the locations of production wells.

Following completion of activities at Primero West-1, Silver City Drilling Rig-25 will be mobilised to the Nyanda-4 site approximately 13.5 kilometres to the south within PL 231.

The Nyanda-4 well has a planned depth of 1,000 metres and is a jointly-funded well in accordance with the terms of the Joint Venture Operating Agreement. In accordance with the terms of the Agreement, State Gas is only responsible to meet its 60% of the costs.

State Gas Limited is Sole Operator and 60% owner of the Reid's Dome Gas Project (PL-231). 

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

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