Lachlan Fold Belt

A.I.S. to Focus Efforts on Gold Exploration in Australia

Retrieved on: 
Tuesday, April 9, 2024

Resources Limited ( TSX-V: AIS, OTC-PINK: AISSF, FRA: 5YHA ) (the “Company” or “AIS”) announces a renewed focus on gold exploration in Australia.

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  • Resources Limited ( TSX-V: AIS, OTC-PINK: AISSF, FRA: 5YHA ) (the “Company” or “AIS”) announces a renewed focus on gold exploration in Australia.
  • AIS will receive 15% of gold sales revenue emanating from the Vendor’s mining activities outside of the Vendor’s prospecting license.
  • Andrew Neale, President & CEO of AIS commented, “The significant increase in gold prices has renewed interest in gold exploration, and the three properties in Australia are ready for immediate on-site work.
  • In early March, AIS completed a 1-for-10 reverse stock split as part of ongoing corporate restructuring efforts, reducing the total share count to approximately 20 million shares

Inflection Resources’ President and CEO, Alistair Waddell, discusses Definitive Agreement with AngloGold Ashanti in Video Interview with David Morgan of Morgan Report

Retrieved on: 
Monday, June 26, 2023

VANCOUVER, British Columbia, June 26, 2023 (GLOBE NEWSWIRE) -- Inflection Resources’ (CSE:AUCU) (OTC:AUCUF) (FSE:5VJ) President and CEO, Alistair Waddell, discusses Definitive Farm-in Agreement with AngloGold Ashanti Australia Limited that outlines the terms under which AngloGold may earn into a number of Inflection’s copper-gold projects in New South Wales, Australia, in interview with David Morgan of the Morgan Report.

Key Points: 
  • VANCOUVER, British Columbia, June 26, 2023 (GLOBE NEWSWIRE) -- Inflection Resources’ (CSE:AUCU) (OTC:AUCUF) (FSE:5VJ) President and CEO, Alistair Waddell, discusses Definitive Farm-in Agreement with AngloGold Ashanti Australia Limited that outlines the terms under which AngloGold may earn into a number of Inflection’s copper-gold projects in New South Wales, Australia, in interview with David Morgan of the Morgan Report.
  • The video is available for viewing on “ InvestmentPitch ” and on “ YouTube ”.
  • If these links are not enabled, please visit www.InvestmentPitch.com and enter “Inflection” in the search box.
  • We very much look forward to working with our partners AngloGold to explore the portfolio of targets over the coming years.”

Karora Announces Agreement with Kalamazoo Resources to Unlock Lithium Exploration Value Through Creation of Kali Metals Limited

Retrieved on: 
Monday, May 8, 2023

TORONTO, May 8, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce it has entered into an agreement with Kalamazoo Resources Limited (ASX: KZR) ("Kalamazoo") to create a lithium and critical metals exploration company to be called Kali Metals Limited ("Kali").

Key Points: 
  • TORONTO, May 8, 2023 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce it has entered into an agreement with Kalamazoo Resources Limited (ASX: KZR) ("Kalamazoo") to create a lithium and critical metals exploration company to be called Kali Metals Limited ("Kali").
  • We look forward to participating in the enhanced combined success of the newly formed Kali Metals."
  • Karora has entered into a Shareholders Agreement ("the Agreement") with Kalamazoo under which Kalamazoo will vend its non-gold exploration projects and mineral rights into Kali, followed by the undertaking of an IPO pursuant to the agreement.
  • The Marble Bar and DOM's Hill Lithium Projects are part of an exploration Joint Venture ("JV") agreement originally between Kalamazoo and major Chilean lithium producer SQM.

InvestmentPitch Media Video Discusses Inflection Resources’ Signing of Non-Binding Heads of Agreement with AngloGold Ashanti for Multi-Year Exploration Earn-In Across Portfolio of Copper-Gold Projects in Australia

Retrieved on: 
Friday, February 24, 2023

If these links are not enabled, please visit www.InvestmentPitch.com and enter “Inflection” in the search box.

Key Points: 
  • If these links are not enabled, please visit www.InvestmentPitch.com and enter “Inflection” in the search box.
  • Following execution of the Earn-in Agreement, AngloGold shall fund a total of AUD$10 million on exploration expenditures across the portfolio of projects within three years as part of a Phase I exploration program.
  • Alistair Waddell, President and CEO, stated: “The execution of this Heads of Agreement with AngloGold Ashanti is a major milestone for the Company.
  • We fully anticipate recommencing drilling immediately following the execution of the Earn-in Agreement, all of which will now be fully funded by AngloGold.

Proactive news headlines including Perseus Mining, Terra Uranium, Sunstone Metals and Legacy Minerals

Retrieved on: 
Wednesday, January 18, 2023

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    Terra Uranium Ltd (ASX:T92) has begun fieldwork focused on the discovery of major uranium deposits under deep cover in its maiden exploration program in Canada's prolific Athabasca Basin.
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    Sunstone Metals Ltd (ASX:STM) has unearthed a well-mineralised gold-copper porphyry system during drilling at Limon target within the Bramaderos Project in southern Ecuador.
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    Technology Metals Australia Ltd (ASX:TMT) has potential financing support on the horizon for its Murchison Technology Metals Project (MTMP) in Western Australia in the form of a letter of interest (LoI) from Denmark’s export credit agency EKF.
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    Xantippe Resources Ltd (ASX:XTC, OTC:XTCPF) has extended its share purchase plan closing date to Friday, February 10.

Proactive news headlines including Poseidon Nickel, Krakatoa Resources, Brookside Energy and Nova Minerals

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Monday, November 21, 2022

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    Nova Minerals Ltd (ASX:NVA, OTCQB:NVAAF) has received firm commitments for a placement to raise A$30 million (US$20 million) at A$0.70 per share.
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    Talon Energy Ltd (ASX:TPD) welcomes the progress being made by partner TMK Energy Ltd at the Gurvantes XXXV CSG Project in the South Gobi Basin in Mongolia.
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Proactive news headlines including Chalice Mining, Magmatic Resources, Hawsons Iron and Alkane Resources

Retrieved on: 
Friday, July 8, 2022

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    Magmatic Resources Ltd (ASX:MAG) has recorded strong and shallow gold at the Dicks Reward historic mine in the Bodangora prospect in New South Wales.
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    Alkane Resources Limited (ASX:ALK)'s tangible assets now cover 136% of the company's share price, according to estimates by Edison Investment Research, up from 56% previously.
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Proactive news headlines including Provaris Energy, BlackEarth Minerals, Chase Mining Corporation and Critical Resources

Retrieved on: 
Wednesday, May 18, 2022

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    Chase Mining Corporation Ltd (ASX:CML) has lodged an EPM application that will expand its quest for magmatic sulphides in central southeast Queensland.
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    Critical Resources Ltd (ASX:CRR) managing director Alex Biggs is relocating to Canada and the US temporarily to oversee the companys strategy regarding its Mavis Lake Lithium Project in Ontario, Canada.
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    KGL Resources Ltd (ASX:KGL) is on the hunt for new leadership after managing director Simon Finnis announced his resignation today.
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Proactive news headlines including Cooper Metals, Oar Resources, Magnis Energy Technologies and International Graphite

Retrieved on: 
Tuesday, April 26, 2022

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    Magnis Energy Technologies Ltd (ASX:MNS, OTCQX:MNSEF) subsidiary Imperium3 New York (iM3NY) continues to make strong progress at a gigawatt-scale lithium-ion battery plant being established in Endicott, New York.
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    International Graphite Ltd (ASX:IG6) has signed a non-binding Memorandum of Understanding (MoU) with ZEN Energy aimed at concluding binding agreements for the purchase of firmed renewable energy.
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Proactive news headlines including GTI Resources, Okapi Resources, Meeka Gold and Critical Resources

Retrieved on: 
Tuesday, January 25, 2022

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    Okapi Resources Ltd (ASX:OKR) is preparing to explore a portfolio of six advanced projects in a premier high-grade uranium district, the Athabasca Basin in Canada.
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    Critical Resources Ltd (ASX:CRR) continued to make progress across its multi-element project portfolio during the December quarter.
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    Astro Resources NL (ASX:ARO) has moved to the third diamond drill hole site at the Needles Gold Project in Nevada, USA, with results from drill holes 1 and 2 expected in February.
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    Carnavale Resources Ltd (ASX:CAV) continues to turn the soil on a series of nickel opportunities in WAs most prolific mineralised regions.