Page 572 - Small Caps News Today

Chalice Mining says Julimar footprint getting bigger and bigger as it works towards maiden resource Chalice Mining Ltds (ASX:CHN) (OTCQB:CGMLF) Alex Dorsch tells Proactives Andrew Scott theyre continuing to expand the footprint of its Julimar PGE-nickel-copper discovery near Perth, Western Australia, with strong new results from ongoing exploration. Seven rigs, three reverse circulation (RC) and four diamond, are continuing a 160,000-metre step-out and resource definition drill program at the l...

Salt Lake Potash non-executive director Bryn Jones thanked for contribution On March 22, Salt Lake Potash started front-end process plant commissioning at Lake Way SOP Project, marking a major milestone for the company. Construction work on the final components of on-lake infrastructure will begin this quarter at Lake Way Salt Lake Potash Ltd (ASX:SO4) (LON:SO4) (OTCMKTS:WHELF) (FRA:W1D) has unveiled a change in its board with the resignation of Bryn Jones as a non-executive dire...

PNX Metals boosts Fountain Head development plans with new gold resource at Glencoe deposit PNX Metals Ltds (ASX:PNX) James Fox tells Proactive the first mineral resource estimate for the newly acquired Glencoe deposit has enhanced development plans for the Fountain Head gold project in the Northern Territory. The resource estimate for Glencoe, which is just 3 kilometres north of the 100%-owned Fountain Head project, is 2.1 million tonnes at 1.2 g/t gold for 79,000 ounces in the inferred catego...

Panthera Resources ends partnership with Galaxy Gold Mines following change in Indian mining law In December 2018, Panthera announced that Indo Gold Pty Ltd (IGL), a subsidiary of Panthera, had entered into a binding term sheet with Galaxy forming a partnership in India to advance the Bhukia joint venture project Panthera Resources PLC (LON:PAT) said it decided not to extend a term sheet with Galaxy Gold Mines Pvt Ltd following the recent change in the Indian mining law, effectively ending a pa...

Vast has a diverse portfolio of projects across Romania, and also in Zimbabwe Turdean has decades of experience in the mining industry, predominantly in Romania. He will work alongside the newly appointed expert management team at the Baita Plai polymetallic mine and in conjunction with Vast chief executive Andrew Prelea. Turdean began his career over 40 years ago in the Romanian mining industry and his in-depth knowledge of the jurisdiction, geology and regulatory environment should prove to b...

VIP Gloves reports strong cashflow to support aggressive expansion and future dividends VIP Gloves Ltds (ASX:VIP) Sebastian Chang tells Proactives Andrew Scott revenue in its March quarter increased by 31% and average selling prices by 19% compared to the previous quarter. Production lines 5 and 6 were successfully commissioned during the quarter with total production output at 163 million pieces - an 18% increase compared to the previous quarter. Quick facts: VIP Gloves Ltd Price: 0.058 A...

Arrow Minerals raises $3 million in strongly supported placement to accelerate exploration on multiple high-grade gold targets Funds will be used to undertake high impact gold exploration in West Africa and gold and base metals exploration in Australia. The issue price of 6 cents per Share represents a 24.63% discount to the 20-day VWAP of 8 cents per share. Arrow Minerals Ltd (ASX:AMD) has received commitments from qualified sophisticated and professional investors to raise $3 mi...

It also allows the company to terminate a financing agreement with LDA Capital Cannabidiol (CBD) specialist Zoetic International PLC (LON:ZOE) said it has raised £6mln before expenses from existing and new investors that will allow it to terminate a financing agreement and fund its commercial aspirations. The new shares were issued at 60p each, a modest discount to Friday’s closing share price, and come with a warrant attached (on a one-for-one basis) exercisable over the next three years a...

2021-05-04 by Proactive Australia Sipa Resources Ltd (ASX:SRI)(FRA:SPO) has received first assay results from the recently completed aircore (AC) drilling program at the Murchison Project near Meekatharra in Western Australia. To date, 146 results have been received from a total of 601 samples submitted for the entire drill program. Previous drilling identified gold A total of 1,949 metres of drilling in 37 holes were completed on E51/1936 with drilling targeting the northeast-trending margin ...

Great Boulder Resources in trading halt ahead of Sidewell Project drilling results The company is encouraged by the continuity and consistency of Whiteheads drilling intersections and is now planning another round of reverse circulation drilling to infill these areas. The halt will remain until the start of trading on Thursday, May 6, or until an announcement is released to the market. Great Boulder Resources Ltd (ASX:GBR) has been granted a trading halt by the ASX ahead of the re...