The Scoping Study revealed Sierra del Perdón would have an after tax Net Present Value of US$527 million and an Internal Rate of Return of 38.5% and long mine life.
What is now becoming readily apparent is the scale of the potash producing basin Highfield Resources has under its control.
Botswana Metals has the potential for cash flow in less than a year, as its JV partner BCL, wholly-owned by the Botswanan government, is running out or ore.
Register today for Proactive's Melbourne, Sydney Luncheons in May to hear more.
U.S. stocks sank today following a global weakness in equities weighed by renewed Greece concerns and new Chinese trading regulations. Gold gained.
The ASX SPI 200 is off 47 points to 5818.
Major banks and miners have pulled the ASX200 down 1.2% to 5,877.9 points.
Find out which explorer drew attention with new assays returning some of Australia’s highest grades of platinum group metals to date.
The fully subscribed $16.1 million rights issue brings the total raised to about $28 million. This will assist progression of Admedus’ global healthcare programs and plans.
Proceed will be used to grow the company’s integrated global healthcare business.
The discovery of rare platinum group metals (PGM) osmium, iridium, rhodium and ruthenium is bullish for the company with the project close to the world-class Broken Hill silver-lead-zinc mine.
Impact shares should rise on the news.
The oversubscribed placement and share purchase plan will fund development of the Epanko Graphite Project through to Decision to Mine.
The Bankable Feasibility Study is expected by the end of June.
Aziana Limited is acquiring Artificial Intelligence technology company BrainChip Inc. which is focused on commercialising technology that has been in development for 10 years and is endorsed by world leading neuroscientists.
Register today for Proactive's Melbourne, Sydney Investor Luncheons in May to hear more.
Drilling continues to extend high-grade mineralisation at the Bellbird deposit of the Jervois Copper Project.
Assay results from the 10,000 metres of drilling are anticipated over the next 4 weeks.
Therapeutic cancer vaccines, a relatively new area of immunotherapy research, stimulate the body’s immune system in a more active way than previously-developed immunotherapy drugs to fight tumours.
Wall Street was little changed overnight, but a star performer was Netflix (NASDAQ:NFLX) which soared 19%. Oil rallied for a sixth day, gold is lower.
The ASX SPI 200 is off seven points to 5937.
Recent audio magneto-telluric data supports the model that repetitions of DeGrussa and Red Bore style mineralisation could exist in the Curara Well Project area.
Drilling is expected start in early May.