Townsville

2 news results for the tag: Townsville.

NGM shares surge on uranium project buy

January 18th, 2007

Shares in junior explorer NGM Resources Ltd jumped more than 22 per cent after the company announced the acquisition of a uranium project in Queensland.
NGM will shell out over $5 million in cash and scrip to prospector Terry Byrt to secure a 100 per cent stake in the Marsh’s Creek uranium project west of Townsville.
Shares [...]

Metallica moves to next phase of NQ nickel project

August 31st, 2006

EXPLORER Metallica Minerals says it is moving to a pre-feasibility study of the company’s North Queensland nickel and cobalt (NORNICO) project.
Metallica Minerals managing director Andrew Gillies said yesterday the company was encouraged by the findings of a scoping study and had initiated a pre-feasibility study which was expected to be completed within six months.
The study [...]