Page 588 - Small Caps News Today

The company gained exclusive global rights to the drug for €1 million (A$1.6 million) upfront, €308 million (A$480 million) in milestones and a tiered...

Aurumin has RC drill spinning at Mt Palmer historical high-grade gold mine The company plans to drill 29 holes for 2,500 metres in its first Mt Palmer program to test for extensions north and south of the historical mine. Historic workings at Mt Palmer in Western Australia. Aurumin Ltd (ASX:AUN) has started reverse circulation (RC) drilling at its 100%-owned Mt Palmer Project, about 40 kilometres east-southeast of Southern Cross in Western Australia’s Goldfields. The company plans...

The company has signed a camp accommodation contract, an LOI with a crushing and screening contractor and has received final environmental approvals to...

Golden Rim Resources to kick off exploration at Paguanta copper project in Chile Golden Rim Resources Ltds (ASX:GMR) Craig Mackay tells Proactives Andrew Scott theyre set to recommence work on its Paguanta copper and silver-lead-zinc project in Chile following a review of 1,169 historical rock chip samples. Paguanta is at the northern extension of the West Fissure in Chile - the world’s largest concentration of major porphyry copper-molybdenum deposits. Quick facts: Golden Rim Resources Ltd P...

Montem Resources continues development plans for Category-4 projects not affected by Alberta Government coal decision Alberta Government has halted all exploration activities on Category-2 lands until completion of the public consultation on a new coal development policy for the province. The independent committee undertaking the public consultation will report to Alberta Government by November 15. Montem Resources Ltd (ASX:MR1) is continuing its development plans for two coal pro...

Production was up 21%, while costs were down 4.7%, as the Kapan mine continued to deliver Chaarat Gold Holdings Ltd (LON:CGH) produced 16,174 ounces of gold equivalent from its mine in Armenia during the quarter to 31 March 2021, an increase of 21% on first quarter of the previous year. All-in-sustaining costs rang int at US$1,024, a comfortable margin on the current gold price of over US$1,750. EBITDA amounted to US$6.9mln, a 245% increase on the corresponding period a year ago. Meanwhile the ...

Archer Materials strategically expands access to institutional deep tech infrastructure The specialist instruments and facilities that Archer can access include multi-million-dollar advanced spectrometers for chemical and biological imaging at the nanoscale, and protein production facilities in state-of-the-art laboratories. This microscope system in a specialised facility in Sydney is utilised for nanoscale analysis of the company’s biochip and other semiconductor devices. Arche...

Calima Energy makes strong progress and expects suspension to end shortly “We are extremely pleased with the exceptionally strong support for our capital raising, which validates the quality of the asset base and importantly the strong cash flows that the assets will generate in a rising energy market,” says CEO. The company’s capital raising has been completed with A$38 million of shares to be issued. Calima Energy Ltd is making considerable progress on the path to production...

Nanollose has busy quarter as it pushes ahead with commercial production and exclusive supply deals with big name designers and brands The bio-materials company has received strong interest from major international clothing brands and super users of cellulose-based fibres. It is targeting to scale production from kilograms to tonne quantities Nanollose Ltd (ASX:NC6) has set the stage to scale-up the production of its tree-free lyocell fibre and push for exclusive supply deals wit...

Elixinol Global sees steady improvements in first quarter revenue as UK COVID restrictions ease and US stimulus packages take effect Its lead indicators for the current quarter are looking positive as the UK comes out of a hard lockdown and customers have started placing replenishment orders. It is well-funded with A$23.3 million to support acquisitive growth and sustain conditions in markets that are still COVID-affected Elixinol Global Ltd’s (ASX:EXL) (OTCMKTS:ELLXF) (FRA:E8M) g...