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colitco ยท 7 days ago
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St George Mining Kicks Off Major Rare Earths & Niobium Drill Campaign in Brazil! ๐Ÿ‡ง๐Ÿ‡ท๐Ÿ’Ž
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St George Mining Limited (ASX: SGQ) is electrifying the critical minerals sector! They've launched a 10,000+ metre drilling program at their 100%-owned Araxรก Niobium-REE project in Brazil. This marks their first campaign, aiming to unlock a globally significant source of essential metals! ๐ŸŒโš’๏ธ
Why the Hype? โœจ
High-Grade Potential: Expecting more near-surface, high-grade rare earths and niobium. Previous hits include 43m @ 1.5% Nbโ‚‚Oโ‚… and 60m @ 11.1% TREO! ๐Ÿ”ฅ Massive Resource: Already defined JORC-compliant MRE: 40.64 Mt @ 4.13% TREO and 41.2 Mt @ 0.68% Nbโ‚‚Oโ‚…, with valuable NdPr. ๐Ÿ“ˆ Strategic Hub: Located right next to CBMM's world-leading niobium operations, with established infrastructure. ๐Ÿ›ฃ๏ธ Global Demand: Perfectly timed to meet the urgent need for diversified critical mineral supply amidst rising geopolitical concerns. ๐ŸŒ St George Executive Chairman John Prineas is on-site and thrilled, anticipating significant additions to their high-grade tally. โ›๏ธ
ASX: SGQ has seen investor confidence soar: +27.27% last week and +12% YTD! ๐Ÿš€๐Ÿ“Š
Araxรก is poised to become a cornerstone in the next generation of critical minerals supply chains! ๐ŸŒŸ
Read More: https://colitco.com/st-george-mining-launches-major-rare-earths-niobium/
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colitcollp ยท 4 months ago
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Challenger Gold Accelerates Towards High-Grade Production with Toll Milling Start
Challenger Gold Limited (ASX: CEL) (OTCQB: CLLEF) is making significant strides in the Australian gold exploration sector, with its flagship Hualilan Gold Project in Argentina advancing towards near-term production. The companyโ€™s strategic initiatives are driving value creation, with an optimized mine schedule that enhances processing grades and accelerates the path to gold production.
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Challenger Goldโ€™s commitment to advancing Hualilan through optimized mine planning, toll milling, and a rapid PFS underscores its focus on becoming a leading high-grade gold producer. With key milestones on the horizon, the company is well-positioned to unlock significant value and establish itself as a key player in the Australian gold exploration and production landscape.
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colitcomediasblog ยท 7 months ago
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๐ŸŒŸ Platina Resources Secures Major Grant for Xanadu Gold Project! ๐ŸŒŸ
๐Ÿš€ Exciting Milestone for Platina Resources (ASX: PGM)
Platina Resources has secured a $54,750 government grant to accelerate exploration at its flagship Xanadu Gold Project in Western Australia! ๐Ÿ’ฐ๐Ÿ’Ž This grant under the Exploration Incentive Scheme (EIS) will fund up to 50% of direct drilling costs at the Cleopatra South Prospect. ๐Ÿ†
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๐Ÿ” Key Highlights:
๐Ÿ› ๏ธ Targeted Drilling Campaign
Focus on 800m-long arsenic trend at Cleopatra South.
Drilling depth: Up to 380m to uncover the gold source.
Start Date: December 2024 (weather and rig availability permitting). ๐Ÿ—๏ธ
Strategic Location: Adjacent to Kalamazoo Resourcesโ€™ 1.44M oz Mt Olympus deposit. ๐ŸŒ
๐Ÿ’ก Exploration Strategy
Platina is targeting the 10km mineralised corridor for deeper sulphide potential.
Prior work has already revealed widespread gold oxide mineralisation. ๐Ÿ…
๐Ÿ”’ Project Potential
The Xanadu Gold Project is positioned along the 470km Nanjilgardy Fault Zone, with substantial exploration opportunities in a gold-rich region. ๐Ÿ’Ž
๐ŸŽฏ Future Growth Drivers
Diamond drilling set for 4QCY24 at Xanadu.
Geophysics and air-core drilling at Beete Gold Project in 1QCY25.
The gold market is booming, providing a favorable environment for Platinaโ€™s exploration efforts. ๐Ÿ“ˆ
๐Ÿ’ผ Strong Financial Position
Cash reserves of A$12.695M.
Zero debt and robust market standing with an A$11.84M market cap. ๐Ÿ’ต
๐Ÿ”— Stay tuned for more updates! Platina is primed to unlock the full potential of its projects and create exciting opportunities for investors. ๐Ÿš€
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tradevisions ยท 7 months ago
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TSX:NTR - Key Updates On Market Performance And Industry Trends
Discover the latest updates on TSX:NTR and its performance in the Canadian market. As a major player in the resource sector, TSX:NTR continues to drive industry trends. Stay informed about its recent developments and strategic moves that impact both its market position and future growth potential.
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edusessionlive ยท 2 months ago
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๐Ÿš€ Caprice Resources Strikes GOLD with $1M Drill-for-Equity Deal! ๐Ÿ› ๏ธ๐Ÿ’ŽASX: CRS | Gold Exploration Just Got a MAJOR Boost ๐Ÿ”ฅโœจ
ASX: CRS | Gold Exploration Just Got a MAJOR Boost ๐Ÿ”ฅโœจ
๐ŸŸก Game-Changing Partnership ๐Ÿค Caprice signs $1 MILLION drill-for-equity agreement with Topdrill! ๐Ÿ’ก Preserve cash ๐Ÿ’ฐ + Accelerate exploration = Win-Win!
๐Ÿ’ฌ "This deal fuels aggressive drilling while aligning Topdrill with Capriceโ€™s upside!" โ€” Luke Cox, CEO
๐Ÿ“ Focus Areas: ๐Ÿ”ถ Murchison Gold Project โ€ƒ๐Ÿ› ๏ธ 5,000m drill program targeting 30 high-priority gold zones ๐Ÿงญ โ€ƒโ›๏ธ High-grade lodes open in all directions ๐ŸŒ
๐Ÿ”ถ Island Gold Project (IGP) โ€ƒ๐Ÿš€ Phase 3 drilling starts April 2025 โ€ƒ๐Ÿฅ‡ Targeting high-grade extensions + greenfield prospects โ€ƒ๐Ÿ“ˆ New tenements double the landholding!
๐Ÿ”ถ Cuddingwarra Project โ€ƒ๐Ÿงช Surface sampling + 2,500m aircore drilling in Q2 โ€ƒ๐ŸŽฏ Located near Westgoldโ€™s open pit = HUGE potential
๐Ÿ“ˆ Investor Momentum is ๐Ÿ”ฅ: ๐Ÿ’น Share Price: $0.053 (+7.00%) ๐Ÿ“Š YTD Gain: +132.61% ๐Ÿ“† 12-Month Gain: +234.38% ๐Ÿ’ฅ Still below 52W high = Room to run!
๐Ÿ’ฐ Gold Price = $3,232/oz & Rising โ›๏ธ๐Ÿ“ˆ ๐ŸŒ Bullish gold environment supercharges Capriceโ€™s growth potential!
๐Ÿ”ฎ Whatโ€™s Next? โœ… Aggressive drill campaigns โœ… New discoveries incoming โœ… Potential maiden resource on the horizon โœ… Shareholder upside in play ๐ŸŽฏ๐Ÿ’Ž
๐ŸŒŸ #Hashtags to Maximize Engagement & Reach #CapriceResources #GoldStocks #ASXStocks #DrillForEquity #GoldExploration #MiningNews #MurchisonGold #Cuddingwarra #IslandGoldProject #Topdrill #SmallCapGold #GoldMiningAustralia #JuniorMiners #GoldBoom #InvestInGold #GoldRush2025 #ExplorationReady #GoldPriceSurge #ASXInvestor #ResourceSector
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tradetracker ยท 8 months ago
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A Comprehensive Overview Of One Of Australiaโ€™s Leading Mining Giants
Discover key insights into ASX:BHP, one of the prominent players in the Australian market. Learn about its latest developments and factors impacting its position within the resources sector. Kalkine Media provides a detailed overview of BHPโ€™s standing in the mining landscape.
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colitco ยท 3 months ago
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๐Ÿ“ข PACGOLD (ASX: PGO) UNLOCKING A HIGH-GRADE GOLD DISTRICT IN NORTH QUEENSLAND! ๐Ÿ†โ›๏ธ
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Pacgold Limited (ASX: PGO) is driving major exploration success at the Alice River Gold Project, with high-grade gold discoveries reinforcing its multi-million-ounce potential. Recent drilling results include an exceptional 8m @ 55.9g/t Au, confirming a large-scale gold system across a 30km mineralised corridor.
๐Ÿ” Exploration Snapshot: โœ… Exceptional Gold Intersections: 24m @ 8.0g/t Au | 14.9m @ 10.3g/t Au โœ… Cutting-Edge Geophysics: Defining gold-rich structures beneath shallow cover โœ… Strong Financial Position: A$13.0M market cap, 84.1M shares on issue, and 28% institutional backing
๐Ÿ—ฃ๏ธ Managing Director Matthew Boyes stated: โ€œOur exploration strategy is systematically unlocking the high-grade potential of Alice River, positioning Pacgold as a first mover in a vastly underexplored gold corridor.โ€
๐Ÿ“ Investor Outlook: Pacgold (ASX: PGO) is well-funded and strategically positioned in one of Australiaโ€™s most prospective gold regions. With modern exploration advancing, the company is poised for significant resource growth.
๐Ÿ“ˆ ASX: PGO is currently trading at A$0.068, reflecting growing market confidence in its high-grade gold discoveries.
๐Ÿ“ Read more: https://colitco.com/pacgold-unveils-strong-half-year-progress/
โš ๏ธ This is not investment advice. Please do your own research before making any investment decisions.
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colitco ยท 3 months ago
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๐Ÿ“ข CHALLENGER DRAWS DOWN FIRST US$2M UNDER US$20M PROJECT FINANCE FACILITY ๐Ÿ’ฐโ›๏ธ
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Challenger Gold Limited (ASX: CEL) has successfully drawn down an initial US$2M (~AUD $3.2M) from its US$20M Project Finance Facility, arranged by Middlegate Securities Inc. and ECM Capital Advisors Inc.. The funds will support early mining preparation, general corporate overheads, and working capital.
๐Ÿ” Project Finance Snapshot:
โœ… Tranche 1 Loan: US$2M โœ… Interest Rate: 8.5% (if repaid before Dec 7, 2025) | 12.75% (after) โœ… Repayment: One bullet payment from first Toll Milling cash flow โœ… Collateral: Unsecured โœ… Fees: 4% of gross proceeds to Advisory Team
๐Ÿ“ Investor Outlook:
Challenger Gold (ASX: CEL) is progressing toward cash-generating Toll Milling operations. The drawdown supports key development activities, positioning CEL for future growth in the gold sector.
๐Ÿ“ˆ ASX: CEL is currently trading at $0.061, reflecting growing investor interest in the Companyโ€™s strategic advancements.
๐Ÿ“ Read more: https://colitco.com/challenger-gold-2m-drawdown-toll-milling/
โš ๏ธ This is not investment advice. Please do your own research before making any investment decisions.
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colitco ยท 3 months ago
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๐Ÿ“ข CHALLENGER DRAWS DOWN FIRST US$2M UNDER US$20M PROJECT FINANCE FACILITY ๐Ÿ’ฐโ›
Challenger Gold Limited (ASX: CEL) has successfully drawn down an initial US$2M (~AUD $3.2M) from its US$20M Project Finance Facility, arranged by Middlegate Securities Inc. and ECM Capital Advisors Inc.. The funds will support early mining preparation, general corporate overheads, and working capital.
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๐Ÿ” Project Finance Snapshot: โœ… Tranche 1 Loan: US$2M โœ… Interest Rate: 8.5% (if repaid before Dec 7, 2025) | 12.75% (after) โœ… Repayment: One bullet payment from first Toll Milling cash flow โœ… Collateral: Unsecured โœ… Fees: 4% of gross proceeds to Advisory Team
๐Ÿ“ Investor Outlook: Challenger Gold (ASX: CEL) is progressing toward cash-generating Toll Milling operations. The drawdown supports key development activities, positioning CEL for future growth in the gold sector.
๐Ÿ“ˆ ASX: CEL is currently trading at $0.061, reflecting growing investor interest in the Companyโ€™s strategic advancements.
๐Ÿ“ Read more: https://colitco.com/challenger-gold-accelerates-towards-high-grade-production-with-toll-milling-start/
โš  This is not investment advice. Please do your own research before making any investment decisions.
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colitco ยท 3 months ago
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๐Ÿ“ข ULTRA HIGH-GRADE COPPER OCCURRENCES IDENTIFIED โ€“ PATRIOT LITHIUM ADVANCES COPPER POTENTIAL โš’๏ธ๐Ÿ“ˆ
Patriot Lithium Limited (ASX: PAT) has identified and validated new ultra high-grade copper occurrences across its exploration licences and surrounding areas, highlighting the expanding mineral potential of its project portfolio.
๐Ÿ” Project Snapshot:
Ongoing fieldwork reveals high-grade copper targets across an ~8km potential strike zone between Katwaro and Chimban South prospects.
๐Ÿ“Œ Key Highlights:
โœ… Multiple artisanal copper pits discovered in and around Patriotโ€™s licence package
โšก Rock samples returned 33.08% Cu at CBR South and 17.36% Cu at Chimban South via portable XRF
๐Ÿ” ~8km strike potential between Katwaro and new copper zones
โž• Additional copper occurrences validated within licence boundaries from adjacent strike extensions
๐Ÿ—บ๏ธ Multiple high-priority copper targets now established, building on earlier discoveries (ASX: 27 Feb & 14 Mar 2025)
๐Ÿ—ฃ๏ธ โ€œOur field mapping continues to expand the copper prospectivity of our licences. These new discoveries reinforce the district-scale potential of our ground holdings,โ€ the Company stated.
Investor Outlook:
Patriot Lithium (ASX: PAT) is gaining strong traction not just in lithium, but now emerging as a serious copper contender. With rock samples showing ultra high-grade copper up to 33.08% Cu, and new strike extensions confirmed within tenements, PATโ€™s diversified exploration upside is growing fast. Currently trading at $0.039, PAT offers investors exposure to two highly strategic commodities โ€” copper and lithium โ€” both essential to the clean energy transition. As the copper market tightens amid global electrification and infrastructure demands, high-grade, near-surface discoveries like Patriotโ€™s are increasingly sought after. The company is well positioned to unlock further value through continued exploration across its large prospective footprint.
๐Ÿ“Read more: https://api.investi.com.au/api/announcements/pat/2e112d20-a4a.pdf
โš ๏ธ This is not investment advice. Please do your own research before making any investment decisions.
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colitco ยท 3 months ago
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๐Ÿ“ข ASTRAL RESOURCES NL Declares Takeover Offer Best and Final โ€“ Maximus Shareholders Urged to Act Before Deadline โš’๏ธ๐Ÿ“ˆ
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Astral Resources NL (ASX: AAR) has declared its off-market takeover bid for Maximus Resources Ltd (ASX: MXR) as best and final, reinforcing its commitment to strategic consolidation and shareholder value creation in the gold exploration sector.
๐Ÿ” Offer Snapshot:
The Offer remains 1 AAR share for every 2 MXR shares held under the Bidderโ€™s Statement dated 3 February 2025.
๐Ÿ“Œ Key Offer Highlights:
โœ… Offer declared best and final โ€” no increase in consideration
โณ Unconditional Offer closes at 7pm AEDT, Friday 21 March 2025 (unless extended)
โšก Accelerated payment terms โ€“ Astral shares issued within 10 business days of valid acceptance
๐Ÿ“Š Astral now holds 81.67% voting power in Maximus (as of 14 March 2025)
๐Ÿ’ผ Shareholders may be eligible for rollover tax relief (refer to Section 10 of Bidderโ€™s Statement)
๐Ÿ’ป How to ACCEPT the Offer:
โžก Online via Automic Portal โžก Or instruct your broker (for CHESS holders)
๐Ÿ“ โ€œAstralโ€™s majority control of Maximus marks a pivotal step in unlocking long-term strategic value,โ€ the company stated in its 17 March 2025 update.
Investor Outlook:
Astral Resources (ASX: AAR) is trading at $0.15 per share, offering investors exposure to a growing gold portfolio now further bolstered by the strategic control of Maximus Resources. With the Offer declared best and final, the acquisition is expected to enhance asset synergies and operational scale. The majority ownership and potential rollover tax relief offer added incentives for shareholders to act before the deadline. As Astral strengthens its position in the Australian gold sector, market sentiment may drive further investor interest.
๐Ÿ“Read More: https://astralresources.com.au/asx-announcements/
โš ๏ธ This update is based on the official Offer release. Not investment adviceโ€”please do your own research before making investment decisions.
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colitco ยท 3 months ago
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๐Ÿšจ Patriot Lithium Exercises Option at Kitumba Copper Project ๐Ÿšจ
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Patriot Lithium Limited (ASX: PAT) has formally exercised its option to acquire the Kitumba 27715 Copper Project in Zambiaโ€”marking a significant step in its strategy to secure high-grade copper assets within the prolific Mumbwa Copper Region. Early-stage exploration results have been encouraging, with grab samples returning up to 2.46% Cu, and an average grade of 1.23% Cu. ๐Ÿ—๏ธ๐Ÿ”
๐Ÿ“Œ Key Updates
โœ… Option Exercised โ€“ The acquisition of Kitumba 27715 is now secured, reinforcing Patriotโ€™s expansion into a highly prospective copper district. โœ… High-Grade Copper Confirmed โ€“ Initial sampling results highlight robust mineralisation, validating the project's exploration potential. โœ… Strategic Location โ€“ The project borders Sinomine Groupโ€™s Kitumba Copper Deposit, which is backed by a US$600 million investment as it moves toward production. โœ… Next Steps โ€“ Patriot will seek shareholder approval to issue 2 million shares to complete the transaction, with further exploration programs planned.
๐Ÿ“Œ Project Overview
Kitumba 27715 spans 255 kmยฒ and sits within a large-scale iron oxide copper-gold (IOCG) alteration system. The area is underpinned by major structural corridors, well-known for hosting significant copper-gold mineralisation. Follow-up exploration and drilling campaigns are in the works to assess commercial viability.
๐Ÿ“Š Market Outlook
As global copper demand accelerates amid the clean energy transition, Kitumba 27715 is strategically positioned to contribute to future supply. Copper prices remain resilient, underpinned by trends in electrification, renewable infrastructure, and battery technologies. โšก๐ŸŒ
๐Ÿ’ฐ Investor Update
Patriot Lithium will seek shareholder approval for the issuance of 2 million shares to finalise the acquisition. The company continues to deliver on its growth strategy through selective acquisitions and exploration in high-impact mineral jurisdictions. ๐Ÿ“ˆ๐Ÿ’Ž
๐Ÿ’ฒ Share Price: $0.042 ๐Ÿ“ˆ Market Cap: $5,309,555 ๐Ÿ“Š 52-Week Range: $0.030 โ€“ $0.115
๐Ÿ”— Read the full update here: https://api.investi.com.au/api/announcements/pat/daea607d-276.pdf
โš ๏ธ This is not investment advice. Please conduct your own research before making any investment decisions.
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colitco ยท 4 months ago
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๐Ÿ”ฅ Patriot Lithium Identifies High-Grade Copper Targets! ๐Ÿ”ฅ
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Patriot Lithium (ASX: PAT) has confirmed high-priority copper exploration targets within its recently acquired 44,961 Ha land package, strengthening its position in the Mumbwa Copper-Gold Belt. Initial sampling at Katwaro 28424 returned impressive grades of 4.45% Cu and 2.59 g/t Au over 2.0m, while further exploration at Katwaro East shows strong mineralisation potential.
๐Ÿ”น Key Highlights:
โœ… Priority Target 1 โ€“ Katwaro 28424 โ€“ Sampling confirmed copper-gold mineralisation with grades up to 4.45% Cu and 2.59 g/t Au. โœ… Priority Target 2 โ€“ Katwaro East โ€“ Discoveries extend the mineralised strike length, with preliminary sampling yielding up to 1.40% Cu. โœ… Significant Structural Control โ€“ Sample R3504 returned a high-grade pXRF reading of 1.96% Cu and averaged 1.40% Cu, indicating copper mineralisation mainly as malachite within metasandstone and mudstone contacts. Though 5.2km apart, the pits follow regional copper-bearing structures, suggesting multiple parallel mineralised zones. โœ… Strategic Expansion - The Targets are adjacent toatriotโ€™s Kitumba and Katwaro Copper Projects, positioning the Company for significant resource growth.
๐Ÿ’ฐ Investor Outlook
๐Ÿ“ˆ Stock Price: A$0.046 With high-grade copper discoveries in Zambiaโ€™s Mumbwa Copper-Gold Belt, Patriot Lithium is well-positioned amid rising global demand, supply constraints, and copper prices above US$8,000/t. As the metalโ€™s demand surges for EVs, renewables, and power grids, the Company is advancing exploration with mapping, sampling, and RC drilling in Q2 to expand its resource potential.
๐Ÿ”— More Details: https://colitco.com/patriot-lithium-second-copper-target-zambia/
Disclaimer: This is not investment advice. Please conduct your research before making any investment decisions.
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colitco ยท 4 months ago
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๐Ÿ”ฅ Astral Resources Expands with Beaconโ€™s Maximus Shareholding! ๐Ÿ”ฅ
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Astral Resources (ASX: AAR) has strengthened its growth strategy by acquiring Beacon Mineralsโ€™ (ASX: BCN) entire stake in Maximus Resources (ASX: MXR). This transaction increases Astralโ€™s exposure to a promising gold asset base while further consolidating its position in the sector.
๐Ÿ”น Key Highlights:
โœ… Strategic Acquisition - Astral acquired 84.3M MXR shares from Beacon, enhancing its portfolio. โœ… Exchange Ratio - 1 Astral share for every 2 Maximus shares, with shares expected to be issued by 10 March 2025. โœ… Expanding Gold Potential - Strengthens Astralโ€™s resource position as it advances the 1.27Moz Mandilla and Feysville projects. โœ… Increased Market Positioning - The deal aligns with Astralโ€™s strategy of expanding its footprint and capitalising on the gold sector's growth.
๐Ÿ’ฐ Investor Outlook
๐Ÿ“ˆ Astral Resources Stock Price: A$0.135 ๐Ÿ“ˆ Beacon Minerals Stock Price: A$0.025 ๐ŸŒŸ With gold prices holding firm and Astral progressing towards unlocking further value from its assets, this acquisition enhances its long-term growth trajectory in a bullish gold market.
๐Ÿ”— More Details: https://api.investi.com.au/api/announcements/aar/1ed26245-93b.pdf
Disclaimer: This is not investment advice. Please conduct your research before making any investment decisions.
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colitco ยท 4 months ago
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๐Ÿ”ฅ Challenger Gold Strengthens Operational Leadership at Hualilan! ๐Ÿ”ฅ
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Challenger Gold (ASX: CEL) is bolstering its Hualilan Gold Project by appointing Ubirata (Bira) De Oliveira as General Manager of Operations. A seasoned mining engineer with 35+ years of experience, Bira has led both large and small-scale mining projects across South America and West Africa, overseeing teams of 1,500+ employees and delivering up to 500,000 oz of gold annually.
๐Ÿ”น Key Highlights:
โœ… Operational Readiness Lead โ€“ Spearheading the transition from development to full-scale Toll Milling operations. โœ… Proven Track Record โ€“ Expertise in guiding projects from construction completion to plant commissioning, start-up, and ramp-up. โœ… Strong Regional Expertise โ€“ Experience in five South American countries, managing both owner-operator and contracted mining operations. โœ… Strategic Executionโ€”Strengthens Challengerโ€™s three-year toll milling agreement, which will process 450,000t of Hualilan material annually from H2 2025.
๐Ÿ’ฐ Investor Outlook
๐Ÿ“ˆ Stock Price: A$0.056 ๐ŸŒŸ Gold remains strong above US$2,050/oz, boosting the economics of Hualilanโ€™s planned production. With toll milling on track, Challenger is positioned for cash flow growth in a bullish gold market.
๐Ÿ”— More Details: https://api.investi.com.au/api/announcements/cel/e8386e80-b82.pdf
Disclaimer: This is not investment advice. Please conduct your own research before making any investment decisions.
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colitco ยท 4 months ago
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๐Ÿ”ฅ Patriot Lithium Expands Copper Footprint in Zambia! ๐Ÿ”ฅ
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Patriot Lithium Limited (ASX: PAT) is strengthening its position in Zambiaโ€™s copper-rich Mumbwa Region with an option to acquire a 90% interest in three large-scale exploration licences, adding 450kmยฒ to its portfolio. This move brings Patriotโ€™s total landholding in Mumbwa to 705kmยฒ, making it one of the largest in the district.
๐Ÿ”น Key Highlights:
โœ… Strategic Expansion โ€“ 45km of contiguous strike along key copper-bearing structures โœ… Historic Copper Mines Identified โ€“ Multiple artisanal sites within the licence area โœ… Licences surround Katwaro Copper Project, where high-grade copper-gold assays were identified in 2024. โœ… Located near Sinomine Kitumba Copper Mine, set to be the regionโ€™s largest copper producer. ๐Ÿญโš’๏ธ โœ… Plans for geological mapping, geochemical surveys, and RC drilling to assess mineral potential. โœ… Parallel Structures โ€“ Includes another artisanal copper pit 5.2km from Katwaro Copper Pit โœ… Regional Synergy โ€“ Collaborating with Sinomine Kitumba Minerals, with Kitumba Copper Mine holding 31.5Mt @ 2.04% Cu
๐Ÿ’ฐ Investor Outlook
๐Ÿ“ˆ Stock Price: A$0.045 ๐Ÿ“Š Market Capitalization: A$5.69M
With a rich exploration history dating back to 1897, Patriot is poised to unlock Mumbwaโ€™s vast copper potential. This Expansion comes amid rising global demand for copper, a key metal for electric vehicles, renewable energy, and infrastructure. ๐ŸŒ๐Ÿ”‹
๐Ÿ”— More Details: https://colitco.com/patriot-lithium-expands-in-zambia-with-major-exploration-licence-acquisition/
Disclaimer: This is not investment advice. Please conduct your own research before making any investment decisions.
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