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Articles by Vector Resources
Hawkstone lifts lithium clay exploration target by 15%
US-focussed lithium clay developer, Hawkstone Mining, has expanded the Exploration Target for its Big Sandy project in Arizona state by 15%, following new mapping and sampling work in the Southern Mineralised Zone, or “SMZ”.
Rox verifies 1.2 million gold ounces at Youanmi
Aspiring gold developer Rox Resources has completed due diligence of drilling data from the Youanmi gold project in WA, saying it has confirmed JV partner Venus Metals’ mineral resource estimate of nearly 1.2 million gold ounces grading 2.97 grams per tonne gold for the mine area.
Venus/Rox breathe new life into old Youanmi gold mine
Small cap listed explorers Rox Resources and Venus metals have joined forces to breathe new life into the historic Youanmi gold mine in a deal that looks to be a win for both parties. The old Youanmi mine in the Murchison region of WA was closed in 1997 when the gold price was hovering at around A$400 – A$450 an ounce.
Vector acquires African gold project
Vector Resources has acquired a 60 per cent stake of the Adidi-Kanga gold project in the Democratic Republic of Congo, in a cash and scrip deal worth about $14 million.
Vector acquires majority stake of Adidi-Kanga
Vector Resources has acquired a 60 per cent stake of the Adidi-Kanga gold project in the Democratic Republic of Congo, in a cash and scrip deal worth about $14 million.
Vector in $US35m debt funding
Vector Resources has secured a $US35 million ($50 million) debt facility with Dubai-based conglomerate Fast Telecom to fund the acquisition of a gold project in Africa. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
White Cliff plans $2.3m raising
White Cliff Minerals has announced plans to raise up to $2.3 million to fund exploration at the company’s gold deposit in Central Asia and across its Western Australian assets. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Venturex raise $4m to advance Sulphur Springs
Venturex Resources will raise $4 million through a share placement with funds to be used to advance the company’s Sulphur Springs copper-zinc project, 150km south east of Port Hedland. The company was oversubscribed for the placement, which entails the sale of 222 million shares at 0.18 cents per share, a 10 per cent discount on the closing price on Wednesday. Canaccaord Genuity and Euroz Secuties will act as joint lead managers for the placement. To read more, please Login or Register below
Sheffield signs Thunderbird offtake deals
Aspiring mineral sands miner Sheffield Resources has entered into offtake agreements for 20 per cent of zircon produced from its $348 million Thunderbird project near Derby. Sheffield said today it had signed two memorandum of understandings with Indian ceramics company Ruby Ceramics and Spanish ceramics firm CFM Minerals, for a combined total of 20 per cent of zircon produced from the first stage of Thunderbird.
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