Page 3 - Comet Resources News Today

Comet Resources enhances copper exposure by completing acquisition of Northern Territory projects With copper prices touching records highs, the company believes it is a great time to add to its portfolio with advanced and early-stage copper projects with gold and base metals as well. Analysts believe copper prices will continue to strengthen due to increased global demand. Comet Resources Limited (ASX:CRL) has finalised due diligence and completed the acquisition of a portfolio of ...

Completion of Acquisition of Highly Prospective Copper Projects in Northern Territory Comet Resources Ltd is pleased to advise that it has now finalised its due diligence and has completed the acquisition of a portfolio of highly prospective copper-gold-zinc-silver-lead assets in the Northern Territory of Australia from Bath Resources Pty Ltd. Highlights: Agreement to acquire a portfolio of copper-gold and base metals assets in Australia’s Northern Territory now completed Assets include: Oona...

Comet Resources has been given the green light to begin drilling at its high-grade Santa Teresa gold project in northern Mexico. The Environmental Impact and Risk assessment department in Baja California has now completed its evaluation of the company’s planned drilling program, clearing the way for diamond drilling to commence in the weeks ahead. Historical trenches across Comet Resources Santa Teresa gold prospect in Baja, Mexico. Credit: File Comet Resources has been given the green ligh...

Comet Resources Limited is pleased to announce that the drilling permit for the Santa Teresa Gold Project has now been received from the Environmental Impact and Risk department of the Baja California Sub-Delegation for Environmental Protection and Natural Resources. Highlights: Details of initial drill program being finalised by in country team and consultant geologists Drilling expected to commence in late Q2 Comet Resources Limited ( Company) ( ASX:CRL) is pleased to announce that the drilli...

2021-05-06 by Proactive Australia Comet Resources Ltd (ASX:CRL) has multiple potential price catalysts set to take place over the next six months for its multi-commodity portfolio across a range of geographies including Mexico and Australia. Most focus will be on the companys copper and gold assets as it increasing its exposure to these high-value metals. At the RIU Sydney Resources Round-up conference, the company discussed upcoming work programs at the Barraba Copper Project in northern NSW,...

Comet Resources Limited (Comet or the Company) (ASX:CRL), is pleased provide the Quarterly Activities Report and Appendix 5B for the quarter ending 31 March 2021. Highlights: • Acquisition of highly prospective copper-gold projects in Northern Territory • Completion of soil geochemical sampling and commencement of airborne geophysics at the Barraba Copper Project • Advancing pre-drilling exploration activities and permitting at the Santa Teresa Gold Project Post Quarter End: • Graphite...

S&P/ASX 200 dives 1.37% as new COVID-19 cases rise for eighth straight week Companies S&P/ASX 200 dives 1.37% as new COVID-19 cases rise for eighth straight week Netflix shares slumped more than 10% in after-hours trading after adding just under 4 million subscribers in the first quarter — missing the company’s forecast of 6 million. Iron ore prices rose by US$6.55 or 3.6% to a 10-year high of US$187.75 a tonne. S&P/ASX 200 (INDEXASX:XJO) dived 1.37% to 6,921.5 points by 1 pm on...

Comet Resources Ltd (ASX:CRL) is pleased provide an update on ongoing test work on natural flake graphite from its Springdale Graphite Project (Springdale) located in Western Australia. Highlights: Bulk sample of Springdale graphite concentrate estimated to be completed in Q2 2021. Concentrate material will then be sent to Germany to test its amenability for the production of battery anode material suitable for use in EVs. Final test results expected in Q3 2021. Comet Resources Ltd (ASX:CRL) is...

Comet Resources Limited (Comet or the Company) (ASX: CRL) is pleased to announce that it has contracted Airborne Geo Exploration Pty Ltd (AirGeoX) to complete an aeromagnetic survey of its Barraba Copper Project located in north-east NSW. Highlights Mitre Geophysics and AirGeoX have been engaged to conduct a high definition airborne magnetic survey of the Barraba Copper Project using an Unmanned Aerial Vehicle (UAV). Data collected from the UAV survey will be analysed to refine targets for the ...

Managing Director Matthew O’Kane joined INN to discuss Comet Resources’ exciting updates. In this interview, Managing Director Matthew O’Kane shares that the combination of copper fundamentals and a strong gold market make for a good opportunity for investors since Comet Resources is currently working on a copper project in New South Wales, Australia, and a gold project in Baja, Mexico. O’Kane shared, “We’re moving into the actual physical exploration work, which is the best time to...