#ResourceExpansion
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fadingperfectiontyphoon · 14 days ago
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🔥 Impact Minerals – Major Shareholder Commits to Full Entitlement in $5.2M Rights Issue! 🔥
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Impact Minerals Limited (ASX: IPT) is pleased to announce that its largest shareholder (17%) has committed to subscribing for their full entitlement in the ongoing renounceable rights issue, reinforcing strong investor confidence in the company’s growth strategy.
🔹 Key Highlights: ✅ Renounceable Rights Issue – 2 for 7 entitlement offer at $0.006 per share, raising up to $5.2 million (before costs). ✅ 1 Free Attaching Option for Every 2 Shares – Exercise price of $0.015, expiring 2.5 years after issue. ✅ Increased Underwriting to $2 Million – Mahe Capital Pty Ltd, Lead Manager and Underwriter, has boosted underwriting from $1 million to $2 million. ✅ Rights Now Trading on ASX (IPTR) – Investors can now trade rights under ASX: IPTR, ensuring broader participation.
🗣 Managing Director – Dr. Mike Jones: “We are pleased with the continued support from our largest shareholder and the increased underwriting commitment from Mahe Capital. This renounceable rights issue ensures all shareholders—not just professional investors—can participate in this pivotal stage of Impact Minerals’ growth. Given our belief that the company is undervalued, we see this as the fairest way to support our loyal investors while advancing our key projects.”
📢 Investor Outlook – Key Growth Initiatives Funded
Proceeds from the Rights Issue will support: 🔹 Arkun Project Exploration – Backed by a $180,000 WA Government Exploration Incentive Scheme (EIS) grant. 🔹 Broken Hill Project Exploration – Advancing Impact’s critical minerals portfolio. 🔹 Lake Hope High Purity Alumina (HPA) Project – Pre-feasibility study nearing completion, with an update to be disclosed soon. 🔹 General Working Capital & Offer Costs – Strengthening financial flexibility for future expansion.
Key Dates: 📍 Rights Trading Ends: 14 March 2025 📍Offer Closes: 21 March 2025 (unless extended) 📍Eligible Shareholders Can Apply for Shortfall
📢 Stock Price: $0.0080
🔗 More Details & Prospectus: https://colitco.com/impact-minerals-launch-5-2-million-rights-issue-growth/
📢 Disclaimer: This is not investment advice. Please conduct your own research before making investment decisions.
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colitco · 14 days ago
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🔥 St George Mining Completes Acquisition of High-Grade Araxá Niobium-REE Project in Brazil! 🔥
St George Mining Limited (ASX: SGQ) is pleased to announce the completion of its 100% acquisition of the advanced Araxá Niobium-REE Project in Minas Gerais, Brazil, marking a significant milestone in the company's expansion into the critical minerals sector.
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🔹 Key Highlights:
📍Strategic Location: The Araxá Project is situated adjacent to CBMM's niobium mine, which supplies approximately 80% of the world's niobium, positioning St George in a premier niobium-producing region.
📍High-Grade Mineralisation: Historical drilling has identified extensive high-grade niobium, rare earth elements (REE), and phosphate mineralisation, with results including up to 8% niobium (Nb₂O₅), 33% total rare earth oxides (TREO), and 32% phosphate (P₂O₅).
📍Immediate Development Initiatives: St George has commenced mine development studies, including a 5,000-metre drilling program set to begin in March 2025, aiming to deliver a maiden JORC-compliant Mineral Resource Estimate in the same month.
🗣 Executive Chairman – Mr. John Prineas:
"Today is a landmark day for St George as we enter a new era. The high-grade niobium-REE Araxá Project represents a tremendous opportunity for St George to potentially become a globally significant player in the niobium sector."
📢 Investor Outlook – Strategic Growth Initiatives Funded
St George has secured A$20 million to fund exploration and development activities for 2025, including:
📍Metallurgical Testing: Collaborations with leading Brazilian scientific institutions, EMBRAPII and SENAI, to optimise recovery processes for niobium and REE through flotation processing.
📍Feasibility Studies: Conducting environmental, heritage, and geotechnical studies to support early-stage feasibility assessments.
📍Strategic Partnerships: A Memorandum of Understanding (MoU) with Xinhai Group, a global engineering services company, to collaborate on project development, and partnerships with SENAI/FIEMG to develop rare earth magnets and optimise niobium processing.
📢 Stock Price: A$0.018
🔗 More Details: https://colitco.com/st-george-mining-araxa-ree-niobium-deal-brazil/
📢 Disclaimer: This is not investment advice. Please conduct your own research before making investment decisions.
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colitcomediasblog · 1 month ago
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🚀 Terra Metals Shines with Strong December Quarter Results! 🌟
Terra Metals Limited (ASX: TMT) has delivered an impressive performance in its latest December quarter report, reinforcing its position as a leading player in the mining sector. With significant progress across its key projects and promising financial results, the company is set for a strong growth trajectory in 2024.
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Terra Metals reported solid financial growth, backed by efficient cost management and successful project execution. The company’s revenue and cash flow position remain strong, paving the way for future investments. Major progress was made at the Dante Project, with drilling programs confirming high-grade copper, platinum group elements (PGE), gold, and nickel mineralization. The latest assay results indicate strong resource potential, positioning the project as a key asset for future growth.
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puzzlax · 2 years ago
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colitco · 2 months ago
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Caprice Resources December 2024 Quarterly Activities Report: Advancing Gold and Copper Exploration Projects
Caprice Resources (ASX: CRS) is pleased to provide its December 2024 Quarterly Activities Report, featuring key progress on its gold and copper exploration projects.
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Key Highlights:
🔶 Gold Development Focus – Murchison Goldfields
Island Gold Project: Exploration Target generated for New Orient Gold Mine and Island Gold Mine on granted Mining Leases. Historical production of 54,000 ounces of gold at 43.2g/t gold.
RC Drilling Program: A 5,000m reverse circulation drilling program commenced mid-December 2024 to explore gold mineralisation along strike and at depth.
Previous significant drill intercepts include:
24m at 6.8g/t Au from 24m, including 4m at 19.0g/t Au
10m at 16.1g/t Au from 104m, including 6m at 26.1g/t Au
5m at 18.0g/t Au from 78m, including 1m at 85.1g/t Au
🔶 Cuddingwarra Project
Ground truthing of 10 high-priority gold targets identified from aeromagnetic surveys revealed visible gold at CUD-GPX01.
Extensive quartz reefs found, similar to high-grade Murchison gold deposits such as Ramelius Resources’ Hill 50.
10km of prospective strike in the Cuddingwarra mineralised greenstone corridor.
🔶 West Arunta Project – World-Class Discovery Potential
Expansion to ~2,000km² via acquisition of Rio Tinto tenement.
Planned expanded aerial magnetic survey to further generate exploration targets.
Land Access Agreement signed with Tjamu Tjamu (RNTBC).
🔶 Successful Capital Raise
Raised $2.5 million through a strongly supported placement to fund discovery programmes.
Investor Outlook:
Caprice Resources, with a share price of $0.02, is advancing significantly with its gold and copper exploration projects. With strategic expansions in the Murchison Goldfields and West Arunta regions, and a commitment to further exploration and development, Caprice is well-positioned to deliver substantial growth in 2025. The Company’s ongoing drilling programs, increased ground holdings, and investor-backed funding enhance its prospects for strong returns in the near future.
Read More - https://api.investi.com.au/api/announcements/crs/f54ec48e-674.pdf
Disclaimer: This is not investment advice. Please do your own research before making any investment decisions.
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colitco · 2 months ago
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📢 Terra Metals Limited (ASX: TM1) Takes Major Step Forward with Dante Project Expansion! 🌍🔥
Terra Metals has secured an option to acquire a 618km² tenement package adjacent to its flagship Dante Cu-Au-PGM-Ti-V Project in Western Australia, almost doubling its tenement holding in the West Musgrave region.
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🔹 Key Highlights:
✅ Extensions of the Jameson Layered Intrusion, hosting high-grade polymetallic discoveries at Dante Reefs. ✅ Significant synergies in logistics, manpower, and native title agreements with the same Traditional Owners. ✅ Consolidated position in a globally significant critical minerals hub ahead of further exploration and appraisal drilling.
📣 Managing Director & CEO, Thomas Line:
"This strategic expansion builds on our strong momentum in the West Musgrave region. We’ve achieved major milestones, including two large discoveries, over 18,000m drilled, secured EIS grants, and raised over $8M for exploration. The 12-month option allows us to unlock even greater value at Dante."
Investor Outlook:
Terra Metals Limited (ASX: TM1) is currently trading at $0.033 per share, with no change in price during the session and a market capitalisation of $13.11 million. The company’s continued focus on exploration and resource expansion positions it as a promising opportunity in Australia’s critical minerals sector.
Terra Metals (ASX: TM1) continues to lead the way in developing Australia’s critical minerals frontier! 🚀
This is not investment advice, please do your own research for any investment decisions.
Read More - https://app.sharelinktechnologies.com/announcement/asx/1107c2547ec3fb17039f2d336d2dabb4
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fadingperfectiontyphoon · 15 days ago
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🔥 Terra Metals Limited – More High-Grade Titanium at Dante! 🔥
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Terra Metals Limited (ASX:TM1) has reported further high-grade titanium, copper, PGMs, and vanadium from surface at Reef 1 North, reinforcing the scale and consistency of mineralisation over ~4.2km.
🔹 Key Highlights: ✅ Extensional drilling confirms thick, high-grade titanium mineralisation in the hanging wall. ✅ Best intercepts include:
URC057: 79m @ 8.8% TiO₂, including 5m @ 19.5% TiO₂, 0.7g/t PGE₃, 0.25% Cu, 0.79% V₂O₅
URC058: 73m @ 8.4% TiO₂, including 5m @ 19.4% TiO₂, 0.83g/t PGE₃, 0.29% Cu, 0.83% V₂O₅
URC060: 69m @ 8.6% TiO₂, including 5m @ 20.3% TiO₂, 0.96g/t PGE₃, 0.24% Cu, 0.86% V₂O₅ ✅ Assays pending for 13 additional drillholes testing new infill zones at Reef 2.
🗣 MD & CEO Comment – Thomas Line: "These extensional drilling results confirm the consistency and scale of high-grade titanium, copper, PGMs, and vanadium mineralisation from surface at Reef 1 North. Additionally, we are seeing thick titanium mineralisation throughout the hanging wall, further enhancing the project’s potential. We now eagerly await the results from the remaining drillholes testing new zones at Reef 2."
📢 Investor Outlook – Expanding High-Grade Titanium Resource With thick, high-grade titanium mineralisation now confirmed over a ~4.2km strike length, the scale of the Dante Project continues to expand. Titanium, copper, and PGMs are critical metals with increasing demand across aerospace, energy storage, and industrial applications. Pending assay results from additional drillholes could further define resource potential, supporting long-term upside.
✅ Current Stock Price: $0.024
🔗 More Details: [Insert link]
TerraMetals #Titanium #Copper #PGMs #Vanadium #Mining #Exploration #Dante #ResourceGrowth #InvestorUpdates #MineralDiscovery #HighGrade #ResourceExpansion #CriticalMinerals #BatteryMetals #DrillingResults #StockMarket #InvestmentOpportunity #MiningStocks #MetalsAndMining #ExplorationSuccess #CommodityMarkets
Disclaimer: This is not investment advice. Please conduct your own research before making investment decisions.
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