Emerging nickel producer Nickelore Limited (ASX: NIO.AX) is pleased to announce completion of the Share Purchase Plan, which raised a total of $0.25 million via the issue of 3,621,467 fully paid ordinary shares. In addition, the Company has raised a further $0.27 million from the sale of listed investments at a profit.
The Company previously announced [...]
Pilbara explorer, Warwick Resources Limited announced its largest iron ore target to date following a detailed mapping and sampling programme at its Woggaginna project in Western Australia’s Pilbara region.
Woggaginna is located 55km southeast of Newman and 35km south of BHP Billiton’s Jimblebar iron ore mine and railway.
The Woggaginna project contains an extensive cluster of [...]
Medoro Resources Ltd. announced today that drilling has commenced on the eastern sector of the company’s Sindo property in Mali.
A first drilling phase is aimed at checking at depth the gold occurrences contained within two highly anomalous areas in the vicinity of extensive artisanal workings. The program consists of 20 diamond drill holes for [...]
Whinnen Resources Limited (Whinnen, the Company) (ASX: WWW.AX) is pleased to announce that it has entered into a conditional agreement to acquire 85% of the Fongo Tongo Bauxite Project in the Republic of Cameroon in Africa, for a total consideration of US$8 million.
Payment will comprise US$4 million cash and US$4 million in shares, and will [...]
Emerging nickel producer Nickelore Ltd is pleased to announce that it has raised a total of A$1.02 million from a sale of the nickel rights in the Bardoc Nickel Project (BNP) to Minara Resources Limited (ASX: MRE.AX), and a small capital raising book build. The purchase agreement signed today is expected to complete on 4 [...]
Victory Nickel Inc. (”Victory Nickel” or the “Company”)(TSX:NI - News; www.victorynickel.ca) today announced that recent re-interpretation of an airborne electromagnetic and magnetic survey identifies drill targets at the Minago nickel project extending to a vertical depth in excess of 1.5 kilometres and confirms the potential for a continuous mineralized body linking the Nose Deposit and [...]
Residents of Port Loko district are reported to have wept bitterly after receiving shocking news from the Project Manager and Chief Geologist of the Port Loko Bauxite Project, Ebo Bakker that they are suspending operations in Sierra Leone as a result of the non-renewal of their exploration license.
The Port Loko Bauxite project is managed by [...]
Elixir Petroleum and Gawler Resources Limited have agreed to merge their businesses to create a balanced, diversified oil and gas exploration and production (’E&P’) company, listed on the ASX and AIM and capitalized at approximately A$35.0 million (£14.4 million) at today’s share prices. Elixir shareholders will represent 52% of the enlarged company and Gawler shareholders [...]
Mawson Resources Limited. Michael Hudson, President & CEO, announces the staking of the Stensjodalen and Stensjodalen South uranium prospects in Northern Sweden. The project area lies three kilometres northwest of Mawson’s Klappibacken project and is contained with the 100%-owned Hotagen nr 1 exploration permit of 5273 hectares.
At the Stensjodalen prospect, a granite host rock with [...]
Nuinsco Resources Limited and Victory Nickel Inc. announce their guidance regarding the computation of shareholders’ adjusted cost base for Canadian tax purposes in connection with the arrangement (the “Arrangement”) involving Nuinsco and Victory. Pursuant to the Arrangement, each shareholder of Nuinsco received one new common share (”New Nuinsco Common Share”) of Nuinsco and [...]
