http://www.proactiveinvestors.com.au Proactiveinvestors RSS feed en Thu, 23 Nov 2017 12:59:04 +1100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[News - ShareRoot stakes early claim in emerging billion dollar market ]]> http://www.proactiveinvestors.com.au/companies/news/187480/shareroot-stakes-early-claim-in-emerging-billion-dollar-market-187480.html ShareRoot (ASX:SRO) is expanding its client offering with the release of MediaConsent to protect companies from being sued in a world of rapidly changing legal framework.

The growing importance for companies to know their customers is evident in the high-growth Customer Identity Management market, which is estimated to exceed $14.8 billion by 2021.

However, regulators are imposing a number of new policies on companies and brands to ensure they are respecting the legal framework designed to protect customer’s privacy.

Some of the world’s largest companies are already facing multi-billion dollar lawsuits and fines and ShareRoot intends to offer these companies a form of protection in the future.

ShareRoot is positioning itself to be at the forefront of this emerging market and the MediaConsent roll-out will produce revenue and significant value drivers over the next 12-24 months.

MediaConsent: 4 phase roll-out

The MediaConsent offering will be rolled out in 4 phases, with the first phase being the launch of Audit Services, on target for the upcoming March quarter of 2018.

The audits will evaluate company’s current content, review company policies, review databases of collected user information and evaluate relevant permissions.

During the lead up to the software platform release, the audit services will build revenue with impact expected this financial year and also build ShareRoot’s brand within the market.

The roll-out is planned as follows:

- 1Q 2018: Launch of Audit Services (building cash flow positive revenue);
- 2Q 2018: Launch of MediaConsent beta (building early revenue);
- 2Q 2018: Launch of MediaConsent trials (significant news flow with major brands); and
- 4Q 2018: Commercial launch of MediaConsent.

Forefront of an emerging market

The roll-out of MediaConsent positions ShareRoot at the forefront of the high-growth, billion dollar Customer Identity Management (CIM) market.

CIM refers to businesses storing identity-related data of their customers.

The market is estimated to grow at an annual compounded rate of 12.9% from US$8.09 billion in 2016 to US$14.82 billion by 2021.

A major driver of the market is the increase in security concerns among organisations.

During September 2017, German software giant, SAP SE (ETR:SAP) acquired CIM company Gigya for US$350 million.

Changing legal landscape

With a constantly changing legal landscape, companies must adhere to rules and regulations or face legal costs, fines and brand degradation.

Examples of the legal framework which MediaConsent intends to protect include GDPR, COPPA, internal policies and opt in regulations.

For example, the General Data Protection Regulation (GDPR) alone will be penalising companies 4% of worldwide revenue per infraction.

GDPR is a European Union (EU) regulation that requires businesses to protect the personal data and privacy of EU citizens for transactions that occur within EU countries.

Silicon Valley team to get the job done

ShareRoot has the personnel in place to ensure MediaConsent’s successful roll-out, which will be spearheaded by Noah Abelson, CEO and Jason Weaver, Head of Product.

Significantly, Weaver, who has led the MediaConsent expansion, joined ShareRoot in July 2017 with a strong track record as an entrepreneur.

He has more than two successful social media ventures under his belt and has raised over US$50 million in social media technology funding.

Weaver founded and grew a social media group called Shoutlet to more than 100 team members and sold it to a larger U.S. social media group in 2015 called Spredfast. 

Expansion to complement existing business

The roll-out and upcoming launch of MediaConsent will complement ShareRoot’s current platform that works with brands and digital agencies to easily find and legally source user generated content (UGC).

The platform allows customers to:

- Acquire: Legally gain access to user generated photos and videos from fans for marketing use;
- Display: Legally advertise with UGC and exhibit UGC galleries in a variety of ways;
- Organise: The UGC platform places content into customisable galleries; and
- Measure: Measure influence of user generated photos and videos to drive sales.

What is user-generated content?

User-generated content (UGC) is the term used to refer to user-generated photos, videos, tweets, or other creative material, often shared socially, and used by brands for marketing or advertising purposes.

Industry data shows that visitors spend 90% more time on websites that include UGC galleries.

UGC is important in a commercial context because:

- 86% of buyers want to access visual content on demand;
- 65% of users seek out UGC before making a purchase;
- A consumer consults 4 UGC sources before making a purchase;
- 65% of consumers prefer to know a brand through content;
- Social campaigns with UGC have a 50% lift in engagement; and
- Ads with UGC content generate 5-times greater click-through rates.

Noah Abelson, CEO, commented

“MediaConsent significantly expands ShareRoot’s existing UGC offering in protecting companies legally in securing marketing content and positions the company at the forefront in the large emerging CIM market.

“Quite simply, MediaConsent will allow companies to safely operate across all digital marketing platforms in an ever changing regulatory and legal environment and puts the control back into the hands of the consumers to how they want to be marketed to.”

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Mon, 20 Nov 2017 18:36:00 +1100 http://www.proactiveinvestors.com.au/companies/news/187480/shareroot-stakes-early-claim-in-emerging-billion-dollar-market-187480.html
<![CDATA[News - ShareRoot achieves integration with Snapchat’s ad platform ]]> http://www.proactiveinvestors.com.au/companies/news/187170/shareroot-achieves-integration-with-snapchats-ad-platform-187170.html ShareRoot Ltd (ASX:SRO) is rolling out a world-first integration with Snapchat’s ad platform in the latest upgrade of its cloud-based platform for user-generated marketing content.

User-generated content or UGC refers to user-generated photos, videos, tweets, or other creative material, often shared socially, and used by brands for marketing or advertising purposes.

The new feature empowers client marketing campaigns by allowing to push image and video content sourced from ShareRoot’s UGC platform directly to Snapchat’s ad platform.

This integration is unique to ShareRoot’s UGC solution, and is not offered by any competitors, and is in addition to a similar integration with Facebook/Instagram ad platform.

Snapchat integration is likely to be a major catalyst for the company to secure revenue-accretive partnerships with third-party marketing and ad tech companies in the future.

While ShareRoot is not yet an official partner of Snapchat's ad platform, this is a significant first step towards building a relationship with the popular social media platform, which is forecast to achieve revenues of US$642.5 million in 2017.

Initial pilot customers will receive the new ad features over the coming months, with a further rollout in the first quarter 2018.

These ‘soft launches’ provide technical and market intelligence that will benefit the full commercial launch later in the year.

ShareRoot’s shares closed 20% higher on Monday, at $0.006.

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Tue, 14 Nov 2017 08:07:00 +1100 http://www.proactiveinvestors.com.au/companies/news/187170/shareroot-achieves-integration-with-snapchats-ad-platform-187170.html
<![CDATA[News - ShareRoot Ltd bags A$1 million to fund global growth strategy ]]> http://www.proactiveinvestors.com.au/companies/news/180346/shareroot-ltd-bags-a1-million-to-fund-global-growth-strategy-180346.html ShareRoot Ltd (ASX:SRO) has successfully completed an oversubscribed share placement to professional and sophisticated investors to raise A$1 million at A$0.006 per share.

The placement was strongly oversubscribed and ShareRoot elected to take some additional capital above the $700,000 it was seeking to raise, but did not take all of the significant demand received.

This placement strengthens ShareRoot’s financial position heading into the new financial year, with funds to be used to fund its global growth strategy and ongoing operations.

ShareRoot’s user-generated content (UGC) platform allows customers to search for user-generated media content across a range of social media platforms and request permission to use the content.

The customers can then effectively utilise these materials as part of their marketing campaigns.

ShareRoot’s cloud-based platform helps customers avoid the legal disputes and intellectual property headaches that can emerge from sharing user-generated content as part of their marketing efforts.

The company will now focus on the development of new protectable features for its UGC marketing platform.

This feature is planned to be rolled out progressively through 2017 and is expected to contribute to sales and revenue growth by providing customers with additional value and functionality.

ShareRoot’s user base has nearly doubled quarter-on-quarter to 180,000 users at the end of June, up from just under 100,000 active users at the end of March 2017.

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Wed, 05 Jul 2017 12:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/180346/shareroot-ltd-bags-a1-million-to-fund-global-growth-strategy-180346.html
<![CDATA[News - ShareRoot Ltd to lift cash as cloud-based platform expands ]]> http://www.proactiveinvestors.com.au/companies/news/180169/shareroot-ltd-to-lift-cash-as-cloud-based-platform-expands-180169.html ShareRoot Ltd (ASX:SRO) is heading to market with a capital raising, and the ASX has granted the company a trading halt to prepare.

ShareRoot recently outlined a significant milestone for its unique user-generated content (UGC) marketing platform, reaching 180,000 users at the end of June.

The company’s user base has nearly doubled quarter-on-quarter, up from just under 100,000 active users at the end of the March 2017 quarter.

The halt will remain in place until the opening of trade on Wednesday 5th July 2017, or earlier if an announcement is made to the market.

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Mon, 03 Jul 2017 09:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/180169/shareroot-ltd-to-lift-cash-as-cloud-based-platform-expands-180169.html
<![CDATA[News - ShareRoot’s shares rise on achieving substantial user growth ]]> http://www.proactiveinvestors.com.au/companies/news/179939/shareroots-shares-rise-on-achieving-substantial-user-growth-179939.html ShareRoot (ASX:SRO) has achieved a significant milestone for its unique user-generated content (UGC) marketing platform, reaching 180,000 users at the end of June.

The company’s shares were last trading 40% higher intra-day, at $0.007.

ShareRoot’s cloud-based UGC platform allows customers to search for user-generated media content across a range of social media platforms and request permission to use the content.

The customers can then effectively utilise these materials as part of their marketing campaigns.

ShareRoot’s platform helps customers avoid the legal disputes and intellectual property headaches that can otherwise emerge from sharing user-generated content as part of their marketing efforts.

The company’s user base has nearly doubled quarter-on-quarter, up from just under 100,000 active users at the end of the March 2017 quarter.

This increased engagement improves the overall effectiveness of client marketing campaigns and drives sales, leading to an increased visibility and awareness of ShareRoot’s UGC platform in the marketplace.

ShareRoot recently appointed UGC industry expert Scott Sorochak as chief revenue officer.

Sorochak was senior vice president of global sales and marketing at LiveFyre, a direct competitor of ShareRoot, and helped it through an accelerated growth period prior to its acquisition by Adobe in 2016.

ShareRoot’s total number of campaigns, a key metric for the company as it scales up its customer base, reached 110 during Q1 FY2017, up from 57 in Q1 FY2016, a 93% increase.

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Wed, 28 Jun 2017 13:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/179939/shareroots-shares-rise-on-achieving-substantial-user-growth-179939.html
<![CDATA[News - ShareRoot shares ride higher on signing Johnson & Johnson ]]> http://www.proactiveinvestors.com.au/companies/news/176554/shareroot-shares-ride-higher-on-signing-johnson-johnson-176554.html ShareRoot (ASX:SRO) has achieved a major breakthrough by signing Johnson & Johnson (NYSE:JNJ) as a customer of its user-generated content (UGC) marketing platform.

ShareRoot’s unique cloud-based UGC platform allows customers to search for user-generated media content across a range of social media platforms.

The customers can then effectively utilise these materials as part of their marketing campaigns.

ShareRoot’s platform helps customers avoid the legal disputes and intellectual property headaches that can otherwise emerge from sharing user-generated content as part of their marketing efforts.

Major multinationals, such as Johnson & Johnson, are increasingly waking up to the mounting risks involved in intellectual property litigation from sharing user-generated media content.

Johnson & Johnson will use ShareRoot’s UGC platform for experiential marketing at nine elite professional and international soccer matches across the U.S., including Major League Soccer events.

The engagement with Johnson & Johnson provides a significant validation of how ShareRoot’s software-as-a-service is becoming a vital tool for an increasing number of customers.

ShareRoot’s total number of campaigns, a key metric for the company as it scales up its customer base, reached 110 during Q1 FY2017, up from 57 in Q1 FY2016, a 93% increase.

The company has achieved growth in five consecutive quarters, with this trajectory set to continue.

ShareRoot is expected to announce several new campaigns, partnerships and other corporate initiatives in the coming months.

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Wed, 19 Apr 2017 10:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/176554/shareroot-shares-ride-higher-on-signing-johnson-johnson-176554.html
<![CDATA[News - Shareroot to lift cash position ]]> http://www.proactiveinvestors.com.au/companies/news/169789/shareroot-to-lift-cash-position-169789.html The halt will remain in place until the opening of trade on Monday 5th December 2016, or earlier if an announcement is made to the market.

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Thu, 01 Dec 2016 08:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/169789/shareroot-to-lift-cash-position-169789.html
<![CDATA[News - ShareRoot Ltd adds six new clients onto its software platform ]]> http://www.proactiveinvestors.com.au/companies/news/169049/shareroot-ltd-adds-six-new-clients-onto-its-software-platform-169049.html The contract wins are expected to contribute to revenue uplift for the current quarter.

Based in Silicon Valley, ShareRoot offers a Software as a Service (SaaS) platform that works with brands and digital agencies to find and legally source user generated content (UGC).

ShareRoot’s new client wins exhibit clear traction within the UGC space across multiple industries.

The new clients include:
- United States Bowling Congress, a professional sports membership organisation, which will use ShareRoot’s UGC services to target a new demographic and update its image.
- Connect, a mobile app for people to meet up and have real-life experiences, has signed up for ShareRoot’s content acquisition package and is using it to drive app downloads.

The momentum of ShareRoot’s sales force continues even after reducing its team size and costs, as the company continues to sign on important new accounts to its platform.

ShareRoot is also pursuing partnerships with large organisations and is looking forward to signing up more clients in this space.

The company is well funded to continue pursuing its growth strategy with cash at bank of $1.5 million as at 30 September 2016.

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Wed, 16 Nov 2016 14:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/169049/shareroot-ltd-adds-six-new-clients-onto-its-software-platform-169049.html
<![CDATA[News - ShareRoot’s shares rise on U.S. technology partnership ]]> http://www.proactiveinvestors.com.au/companies/news/167878/shareroots-shares-rise-on-us-technology-partnership-167878.html Based in Silicon Valley, ShareRoot offers a Software as a Service (SaaS) platform that works with brands and digital agencies to find and legally source user-generated content.

Jungle Communications is a diversified creative digital agency specialising in government contracts, and has been awarded over US$5 million in government bids.

The company has already included ShareRoot in two proposals for multi-year government bids, totalling over US$500,000 in potential revenue for ShareRoot.

Notably, the U.S. government spent US$424 billion in 2015 on technology solutions for government projects.

Jungle Communications is also in the process of introducing ShareRoot to their partners and existing clients.

Meanwhile, ShareRoot’s sales team is continuing its strong client growth momentum, adding 10 new contracts for the quarter ended 30 September 2016.

Alongside continuing SaaS sales, ShareRoot is in partnership discussions with big players in the billboard advertising space in Australia, UK and the U.S. to utilise the ShareRoot platform.

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Tue, 25 Oct 2016 13:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/167878/shareroots-shares-rise-on-us-technology-partnership-167878.html
<![CDATA[News - Shareroot Ltd gets ready to raise ]]> http://www.proactiveinvestors.com.au/companies/news/165786/shareroot-ltd-gets-ready-to-raise-70958.html ShareRoot Ltd (ASX:SRO) has been granted a trading halt by the ASx this morning, pending details of a capital raising.

The halt will remain in place until the opening of trade on Wednesday 14th September 2016, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Mon, 12 Sep 2016 08:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/165786/shareroot-ltd-gets-ready-to-raise-70958.html
<![CDATA[News - ShareRoot Ltd continues client growth momentum ]]> http://www.proactiveinvestors.com.au/companies/news/165277/shareroot-ltd-continues-client-growth-momentum-70315.html ShareRoot Ltd (ASX:SRO) is continuing its strong client growth momentum, with six new clients signing onto the ShareRoot platform in Q3 2016 (September quarter).

Based in Silicon Valley, ShareRoot offers a Software as a Service (SaaS) platform that works with brands and digital agencies to find and legally source user generated content (UGC).

These new client wins demonstrate the growing visibility and acceptance of ShareRoot’s UGC offering.

The company had delivered a strong growth in the sales pipeline of qualified leads to over US$250,000 of annualised potential sales in the June 2016 quarter, representing a 12x increase from the preceding quarter.

Last month, ShareRoot secured its first Australian client - Digital Fuel, an online digital agency that helps its 15 plus online gaming and betting clients maximise their sales and online visibility.

With ShareRoot’s sales team building a strong potential customer pipeline, the company is expected to further its sales pipeline growth in the short term.

The company is well funded to continue pursuing its growth strategy with cash at bank of $2.3 million as at 30 June 2016.

The broader UGC space has been witnessing high activity recently, including the acquisition of Olapic for US$130 million by Monotype Imaging Holdings Inc (NASDAQ:TYPE).

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Tue, 09 Aug 2016 09:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/165277/shareroot-ltd-continues-client-growth-momentum-70315.html
<![CDATA[News - Shareroot signs new clients to social marketing platform ]]> http://www.proactiveinvestors.com.au/companies/news/144111/shareroot-signs-new-clients-to-social-marketing-platform-67175.html Silicon Valley based Shareroot (ASX:SRO) which undertood a listing through a reverse takeover of Monto Minerals Limited in 2015 has signed two new clients to its content platform, Richard Sandoval Restaurants and The Shoe Mart.

Shareroot owns and operates a platform that can find and source user-generated content (UGC).

The software as a service (SaaS) enables businesses to source high quality social media-derived UGC to be used in marketing programs and to increase brand awareness.

Shareroot has a proprietary, legally secure process to enable brands to obtain the legal rights to images as well as display them in customizable galleries that can feature on any webpage.

Richard Sandoval Restaurants can access images shared from 12 different restaurants located throughout the United States.

While for the Shoe Mart with over 30,000 pairs of shoes available for purchase and locations throughout the New England region as well as a significant online presence, it has a content platform to draw upon.

These follows the signing of a group of 38 McDonald’s restaurants across Texas in late 2015 and the Hofman Hospitality Group. The Hofman restaurants have spread across California and the United States’ Southwest and Midwest.

The retail food industry is well suited to the Shareroot application as consumers are consistently posting relevant content to social media platforms such as Instagram, Twitter and Facebook.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Wed, 24 Feb 2016 12:40:00 +1100 http://www.proactiveinvestors.com.au/companies/news/144111/shareroot-signs-new-clients-to-social-marketing-platform-67175.html
<![CDATA[News - Monto Minerals raises $5M as tech transition unfolds ]]> http://www.proactiveinvestors.com.au/companies/news/144109/monto-minerals-raises-5m-as-tech-transition-unfolds-66058.html Monto Minerals (ASX: MOO) – which is to be renamed ShareRoot – has closed a prospectus heavily oversubscribed, raising a total of A$5 million.

This was achieved with the receipt of subscriptions for 100 million new shares at $0.05 per share.

Before going into suspension late last month, Monto shares traded across a range of between $0.002 and $0.004 through most of calendar 2015.

The Queensland-focused tin explorer is now finalising its rebirth as a technology company via the ongoing completion of its acquisition of ShareRoot, a Silicon Valley company focused on a user generated content (UGC) marketing platform for brand promotion.

Monto’s takeover of ShareRoot is expected to take advantage of a dramatic growth of social media in an environment where UGC is essential in any marketing strategy.

ShareRoot has also signed eBay to a one-year, revenue-generating contract involving both its current feature set as well as various platform functionalities currently in development.

Following the company’s recent integration with Facebook, more than a billion additional social media users can now upload content directly into the ShareRoot’s galleries.

The company recently signed on its largest client to date in fashion company Iconix Brand Group.

Iconix specialises in marketing, merchandising and licensing its brand portfolio and has over 1,100 licenses with leading retailers and manufacturers worldwide.

These manufacturers sell across various distribution channels from the mass tier to the luxury market, as well as through various media outlets.


Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Tue, 08 Dec 2015 14:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/144109/monto-minerals-raises-5m-as-tech-transition-unfolds-66058.html
<![CDATA[News - Monto Minerals among ASX % Gainers intra-day ]]> http://www.proactiveinvestors.com.au/companies/news/144107/monto-minerals-among-asx-gainers-intra-day-65691.html Thursday's leading ASX % Gainers intra-day.

Company NameCodeLastChangeVolume Monto Minerals MOO $0.002 100% 1,000,000 Lakes Oil LKO $0.002 100% 775,000 Segue Resources SEG $0.002 100% 250,000 Great Western Exploration GTE $0.029 81.25% 371,325 Maximus Resources MXR $0.003 50% 175,000 Ozforex Group OFX $3.370 29.62% 2,014,762 Enhanced Oil & Gas Recovery EOR $0.009 28.57% 647,645 Rumble Resources RTR $0.015 25% 216,174 Allegiance Coal AHQ $0.005 25% 100,000 Samson Oil & Gas SSN $0.005 25% 400,000

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Thu, 19 Nov 2015 12:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/144107/monto-minerals-among-asx-gainers-intra-day-65691.html
<![CDATA[News - Monto Minerals tops ASX % Gainers at midday ]]> http://www.proactiveinvestors.com.au/companies/news/144104/monto-minerals-tops-asx-gainers-at-midday-64842.html Wednesday’s leading ASX % Gainers at midday.

NameCodeLastChangeVolume Monto Minerals ASX:MOO $0.002 100% 10,652,378 Great Western Exploration ASX:GTE $0.012 71.4% 507,559 Resource Generation ASX:RES $0.082 36.7% 956,770 Hannans Reward ASX:HNR $0.004 33.3% 1,049,000 Northern Mining ASX:NMI $0.021 31.3% 716,607 Northern Manganese ASX:NTM $0.009 28.6% 91,025 Empire Resources ASX:ERL $0.01 25% 88,888 Planet Gas ASX:PGS $0.005 25% 400,000 Oil Basins ASX:OBL $0.005 25% 3,467,492 Aleator Energy ASX:AWD $0.03 25% 19,638,090

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Wed, 30 Sep 2015 12:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/144104/monto-minerals-tops-asx-gainers-at-midday-64842.html
<![CDATA[News - Monto flags major client ahead of transformation ]]> http://www.proactiveinvestors.com.au/companies/news/144102/monto-flags-major-client-ahead-of-transformation-64641.html Monto Minerals Ltd (ASX:MOO) will have a leading client in the fashion industry when it re-emerges as technology company ShareRoot Inc later this year.

The Queensland-focused tin explorer, which committed to acquire 100% of ShareRoot in August will benefit from the Silicon Valley company’s user generated content (UGC) marketing platform for brand promotion.

The deal with fashion company Iconix Brand Group Inc brings on board ShareRoot’s largest client to date and will incorporate 15 clothing brands within Iconix’s umbrella

Iconix Brand Group is a brand management company and owner of a diversified portfolio of strong global consumer brands across fashion, sports, entertainment and home.

Iconix specialises in marketing, merchandising and licensing its brand portfolio and has over 1,100 licenses with leading retailers and manufacturers worldwide that sell across various distribution channels from the mass tier to the luxury market, as well as through various media outlets.

Monto’s takeover of ShareRoot is expected to take advantage of a dramatic growth of social media in an environment where UGC is essential in any marketing strategy.

ShareRoot has also signed eBay to a one-year, revenue-generating contract involving both its current feature set as well as various platform functionalities currently in development.

Following the company’s recent integration with Facebook, more than a billion additional social media users can now upload content directly into the ShareRoot’s galleries.

ShareRoot has closed a A$500,000 raising for working capital in the lead up to the acquisition and capital raising.


Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Tue, 22 Sep 2015 07:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/144102/monto-flags-major-client-ahead-of-transformation-64641.html
<![CDATA[News - Monto Minerals, Aleator Energy are Wednesday’s most traded ]]> http://www.proactiveinvestors.com.au/companies/news/144100/monto-minerals-aleator-energy-are-wednesdays-most-traded-64087.html Wednesday’s leading volume stocks on the ASX.

NameCodeLastChangeVolume Monto Minerals ASX:MOO $0.006 0% 132,396,071 Aleator Energy ASX:AWD $0.028 -24.3% 78,887,388 Stratum Metals ASX:SXT $0.027 3.8% 67,454,243 King Solomon Mines ASX:KSO $0.008 -20% 57,846,803 Galicia Energy Corporation ASX:GAL $0.019 -5% 47,642,086 Telstra Corporation ASX:TLS $6.21 1.5% 28,627,865 Mozambi Resources ASX:MOZ $0.02 17.6% 25,212,742 Aurizon Holdings ASX:AZJ $5.26 0.8% 22,693,053 Asciano Limited ASX:AIO $8.65 -0.5% 22,292,847 Drake Resources ASX:DRK $0.004 0% 21,982,140

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Thu, 20 Aug 2015 08:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/144100/monto-minerals-aleator-energy-are-wednesdays-most-traded-64087.html
<![CDATA[News - Monto Minerals is up 150% today ]]> http://www.proactiveinvestors.com.au/companies/news/144097/monto-minerals-is-up-150-today-63960.html Wednesday’s leading % Gainers intra-day.

NameCodeLastChangeVolume Monto Minerals ASX:MOO $0.005 150% 71,225,059 Mount Burgess Mining ASX: MTB $0.003 50% 246 Mineral Commodities ASX: MRC $0.10 42.9% 61,707 Hughes Drilling ASX: HDX $0.19 35.7% 24,000 Bora Bora Resources ASX: BBR $0.16 33.3% 18,500 Red Mountain Mining ASX: RMX $0.004 33.3% 1,816,205 Cullen Resources ASX: CUL $0.005 25% 4,971,108 Byron Energy ASX: BYE $0.20 21.2% 5,300 Millennium Minerals ASX: MOY $0.035 20.7% 467,961 Australian Mines ASX: AUZ $0.006 20% 10,571,102

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Wed, 12 Aug 2015 13:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/144097/monto-minerals-is-up-150-today-63960.html
<![CDATA[News - Monto Minerals in halt ahead of corporate transaction, capital raising ]]> http://www.proactiveinvestors.com.au/companies/news/144096/monto-minerals-in-halt-ahead-of-corporate-transaction-capital-raising-62940.html Monto Minerals (ASX:MOO) has been granted an ASX trading halt in relation to a corporate transaction and capital raising.

The halt will last until the earlier of the announcement being made or the start of trade on Thursday, 18th June 2015.

In its March quarterly, the company said it was actively pursuing a range of alternate business opportunities, including those in the technology sector.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Tue, 16 Jun 2015 16:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/144096/monto-minerals-in-halt-ahead-of-corporate-transaction-capital-raising-62940.html
<![CDATA[News - Monto Minerals hits high grade tin at Governor Norman in Queensland ]]> http://www.proactiveinvestors.com.au/companies/news/144094/monto-minerals-hits-high-grade-tin-at-governor-norman-in-queensland-54944.html Monto Minerals (ASX:MOO) has completed the initial drilling program at the Governor Norman prospect within its Herberton Tin Project, Queensland.

Significant results returned included 4 metres at 1.2% tin from 46 metres, and the deeper drill holes to test extensions to mined mineralisation demonstrated continuity of alteration in areas not previously drilled.

Notably, this was the first exploration drilling undertaken at Governor Norman since the 1980’s.
 
The Governor Norman prospect comprises several historic high grade tin mines over a strike extent of 1.2 kilometres.

Compilation of historic drilling of 644 surface and underground holes at Governor Norman indicated that the structural zone hosting the workings is broadly mineralised at low grade.

The vast majority of the 644 drill holes at Governor Norman are shallow air track holes with only 22 reverse circulation or diamond holes drilled to a depth greater than 100 metres, representing just 3.4% of all holes drilled.

Results from historic drilling data indicate potential to define a low grade mineralised zone of significant tonnage along the Governor Norman trend.

Should an economic deposit be confirmed, the path to cash flow should be relatively simple, with the former Jumna processing plant located just 2 kilometres to the north.

The Governor Norman area has been historically worked by open pit and underground methods from 1905 until cessation of mining in 1987 due to a collapse in the nickel price.

Total combined historic production was 1,300 tons of tin concentrate at an estimated 1% tin.

Monto is currently assessing the results of the drilling program to determine further work at the regionally significant Governor Norman zone of mineralisation.

 

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Wed, 14 May 2014 15:40:00 +1000 http://www.proactiveinvestors.com.au/companies/news/144094/monto-minerals-hits-high-grade-tin-at-governor-norman-in-queensland-54944.html
<![CDATA[News - Monto Minerals drilling for tin at Governor Norman in Queensland ]]> http://www.proactiveinvestors.com.au/companies/news/144091/monto-minerals-drilling-for-tin-at-governor-norman-in-queensland-54032.html Monto Minerals (ASX:MOO) has commenced drilling at the Governor Norman prospect within its Herberton Tin Project in Queensland.

Governor Norman comprises several historic high grade tin mines over a strike extent of 1.2 kilometres.

The initial reverse circulation drilling program includes 9 holes for 700 metres, with immediate follow-up drilling subject to results.

Drilling will test for high grade depth extensions at the Kelly Norman underground mine below 90 metres, and aim to confirm non-reportable results from historic drilling conducted pre-1980.

These results included 22.8 metres at 4.92% tin, which included zones of over 10%; and 28 metres at 1.68% tin.

Broad zones of lower grade tin, and high grade tin shoots, will also be targeted.

Should economic intersections be made, the path to cash flow should be relatively simple, with the former Jumna processing plant located just 2 kilometres to the north.

The Governor Norman area has been historically worked by open pit and underground methods from 1905 until cessation of mining in 1987 due to a collapse in the nickel price.

Total combined historic production was 1,300 tons of tin concentrate at an estimated 1% tin.

 

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Tue, 01 Apr 2014 14:40:00 +1100 http://www.proactiveinvestors.com.au/companies/news/144091/monto-minerals-drilling-for-tin-at-governor-norman-in-queensland-54032.html
<![CDATA[News - Monto Minerals rock chip samples up to 2890g/t silver at Montalbion, Queensland ]]> http://www.proactiveinvestors.com.au/companies/news/144089/monto-minerals-rock-chip-samples-up-to-2890gt-silver-at-montalbion-queensland-50063.html Monto Minerals (ASX:MOO) has assayed rock chips up to 2,890 grams per tonne silver, 1.25 grams per tonne gold, 6.4% lead and 2.8% copper from its Montalbion project in Queensland.

Notably, this is the first instance of gold mineralisation in a granite host within Monto's Herberton landholding.

These values demonstrate potential for intrusive related gold system mineralisation at the historic Montalbion mining area where 1,583,693 silver ounces were recovered at average 1,244g/t.

 

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Mon, 11 Nov 2013 16:40:00 +1100 http://www.proactiveinvestors.com.au/companies/news/144089/monto-minerals-rock-chip-samples-up-to-2890gt-silver-at-montalbion-queensland-50063.html
<![CDATA[News - Monto Minerals outlines 2.2km tin anomaly at Herberton in Queensland ]]> http://www.proactiveinvestors.com.au/companies/news/144087/monto-minerals-outlines-22km-tin-anomaly-at-herberton-in-queensland-49244.html Monto Minerals (ASX:MOO) has completed soil geochemical and rock chip sampling in the northern sector of its Herberton tin project in northern Queensland.

Soil sampling north of the Orient Camp group of polymetallic workings has outlined a strong tin-lead-zinc-arsenic-silver anomaly over a strike of 2.2 kilometres and 600 metres in width within felsic volcanics.

A second extensive tin anomaly extends 1.6 kilometres south of the historic Kitchener mines where 2,760 tons of cassiterite concentrate containing 71% tin metal was produced at an average grade of 1.83% tin.

Orient Camp also produced substantial silver at 1.43 kilograms per tonne and lead at 40%.

The results are an exploration breakthrough for the Herberton Tin Field as there has been no previous systematic tin-focused exploration within the felsic volcanics.

The high silver and lead grades from the Orient group of mines are being assessed to generate priority drilling targets.

 

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Fri, 18 Oct 2013 11:40:00 +1100 http://www.proactiveinvestors.com.au/companies/news/144087/monto-minerals-outlines-22km-tin-anomaly-at-herberton-in-queensland-49244.html
<![CDATA[News - Monto Minerals starts drilling tin targets at Mt Ormonde ]]> http://www.proactiveinvestors.com.au/companies/news/144084/monto-minerals-starts-drilling-tin-targets-at-mt-ormonde-42798.html Monto Minerals (ASX:MOO) has started drilling at high priority tin targets, at Mt Ormonde prospect at its wholly owned Herberton tin project in Northern Queensland, where recent rock chip sampling has returned high grade tin values to 5.99%.

It plans 19 reverse circulation, 1 diamond drill hole for a total of about 2,200 metres over five prospects, with the main focus on Mt Ormonde.

The Mt Ormonde area comprises numerous historic workings over an area of 1,200 metre by 1,200 metre including the Mt Ormonde, Talisman and Zig Zag mines that were explored by Great Northern Mining Company between 1983 to 1985.

The high density of workings with grades generally above 1% tin and over economic widths of greater than 2 metres has helped Monto identify the Mt Ormonde prospect's potential.

Recent rock chip sampling returned high grade tin values from quartz-tourmaline veins and haematitic shears with values to 5.99% tin.

Based on the sampling results, the drill program has been expanded and will start at Mt Ormonde with 8 reverse circulation holes to 100 metres targeting high grade tin structures and a single 200 metre RC hole targeting the magnetic bullseye.

An RC drilling at the Phoenix prospect will also test any down plunge extension of the mineralised body that was previously mined there.

The drilling results are expected over the coming weeks.

Monto had a cash balance of $2.29 million at the end of the March 2013 quarter.


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Thu, 02 May 2013 15:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/144084/monto-minerals-starts-drilling-tin-targets-at-mt-ormonde-42798.html
<![CDATA[News - Monto Minerals' shares fly on copper/silver news ]]> http://www.proactiveinvestors.com.au/companies/news/144083/monto-minerals-shares-fly-on-coppersilver-news-41655.html Monto Minerals' (ASX:MOO) shares were up 20% on news that the operator of its Baal Gammon copper/silver mine in Queensland, Snow Peak Mining, had reiterated commitment to completing Stage 1 of the project.

Currently a stockpile of 6,368 tonnes of broken ore grading 2.86% copper and 67.87 grams per tonne silver at the Baal Gammon mine site, awaiting trucking to Mt Garnet.

Shares in Monto were up $0.001 to trade at $0.006 a share.

Snow Peak have the right to operate the Baal Gammon mine under the Minerals Rights Agreement whereby the operator is responsible for all costs and obligations with respect to Baal Gammon mine development and operations, including environmental obligations.

Under the MRA, Monto is entitled to a 2.5% net smelter royalty payable on all metals for the first 550,000 tonnes of Baal Gammon ore processed, dropping to 2% royalty payable on all metals over 550,000 tonnes of Baal Gammon ore processed.

Snow Peak is a Hong Kong based investment group associated with Consolidated Tin Mines (ASX:CSD).

Monto had a cash balance of $2.12 million at the end of last quarter.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Fri, 05 Apr 2013 15:40:00 +1100 http://www.proactiveinvestors.com.au/companies/news/144083/monto-minerals-shares-fly-on-coppersilver-news-41655.html
<![CDATA[News - Monto Minerals motors, shares rally 87% ]]> http://www.proactiveinvestors.com.au/companies/news/144081/monto-minerals-motors-shares-rally-87-39005.html Monto Minerals (ASX: MOO) has witnessed an 87.5% share price increase to an intra-day high of A$0.015 today, up from yesterday’s closing price of $0.008.

This sudden increase has prompted the ASX to issue a price and volume query, with around 11.7 million shares traded by early afternoon.

Monto responded to the ASX query saying it is not aware of any material information that has not been disclosed to the market, which may explain the sudden investor interest.

In recent weeks the company has discovered several major tin anomalies at its Heberton Project in Queensland, where it owns the vast majority of high quality tin prospects in the northern Herberton Tin Field.

Soil and rock chip sampling have identified two large high grade tin anomalies within granite that have returned rock chip grades up to 6.97% tin, as well as an additional soil tin anomaly extending 1 kilometre north of the Mount Tin mine.

Laboratory analysis of samples collected from the Mount Tin waste rock dump has revealed high tin grades including 4.64% tin, 2.34% tin and 1.33% tin.

The tin mineralisation is associated with both vein material and host granite, vastly improving the tonnage potential of these outcropping targets.

A fourth tin anomaly has also been identified within metasediments known to host the majority of high grade historic mines in the area, with rock chips confirming a hard rock tin source.

Further work to refine these targets is underway, along with the interpretation of latest soil results and development of targets identified through digitisation of historic drilling across the Herberton Tin Field.


Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Fri, 01 Feb 2013 13:59:00 +1100 http://www.proactiveinvestors.com.au/companies/news/144081/monto-minerals-motors-shares-rally-87-39005.html
<![CDATA[News - Monto Minerals' Baal Gammon mine operatorship changes hands ]]> http://www.proactiveinvestors.com.au/companies/news/144079/monto-minerals-baal-gammon-mine-operatorship-changes-hands-37578.html Monto Minerals' (ASX:MOO) Baal Gammon mine in Queensland is set for a change in operatorship with the current operator Kagara Mining (ASX: KZL) selling their North Queensland Central Region assets to Snow Peak Mining.

The sale was done by administrators appointed for Kagara for a total consideration of $40 million.

The North Queensland Central Region assets also include the Mineral Rights Agreement that provides the right to operate the Baal Gammon mine.

Snow Peak is associated with Consolidated Tin Mines (ASX: CSD), which has proposed to manage and operate the North Queensland Central region assets that include the Baal Gammon mine and Mt Garnet processing plant.

Initially Consolidated Tin is proposing to process the ore from Baal Gammon with the longer term objective of processing of tin ore from Mt Garnet.

Under the MRA, Monto is entitled to a 2.5% net smelter royalty payable all metals for the first 550,000 tonnes of Baal Gammon ore processed, dropping to 2% NSR payable on all metals over 550,000 tonnes of Baal Gammon ore processed.

The proposed transaction is anticipated to be in late January 2013.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Thu, 20 Dec 2012 13:40:00 +1100 http://www.proactiveinvestors.com.au/companies/news/144079/monto-minerals-baal-gammon-mine-operatorship-changes-hands-37578.html
<![CDATA[News - Monto Minerals' rock chips reveal 6.97% tin at Mount Misery ]]> http://www.proactiveinvestors.com.au/companies/news/144077/monto-minerals-rock-chips-reveal-697-tin-at-mount-misery-36975.html Monto Minerals (ASX:MOO) has identified rock chip grading up to 6.97% tin near the previously identified 1,600 metres by 500 metres high grade tin geochemical anomalies in the Mount Misery in Queensland.

It has also identified a further 250 metres by 100 metres tin geochemical anomaly called Emu Creek within meta-sediments from the company's major ongoing 188 square kilometres regional soil sampling program.

The soil geochemical survey currently underway represents the first time a large systematic exploration program has been undertaken in the area.

Geological reconnaissance and associated rock chip sampling was completed over an approximate three week period with 45 rock chip samples collected.

These identified localised greisenised granites and related quartz veining on a predominantly north-south orientation. Tin mineralisation largely associated with both greisenisation and selvages of quartz veins was identified in the area.

The rock chip which returned 6.97% confirmed the existence of high grade tin mineralisation as the source of the Scandinavian and Carney’s tin soil geochemical anomalies in an area not previously recognised as hosting significant hard rock tin mineralisation.

Monto is undertaking a detailed assessment of the anomalous areas in the context of the soil geochemical results, rock chip results and the geological reconnaissance and mapping that has been undertaken.


Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Thu, 06 Dec 2012 11:40:00 +1100 http://www.proactiveinvestors.com.au/companies/news/144077/monto-minerals-rock-chips-reveal-697-tin-at-mount-misery-36975.html
<![CDATA[News - Monto Minerals to benefit from Baal Gammon resource upgrade by Kagara ]]> http://www.proactiveinvestors.com.au/companies/news/144076/monto-minerals-to-benefit-from-baal-gammon-resource-upgrade-by-kagara--24058.html Monto Minerals (ASX:MOO) will benefit from a resource upgrade by Kagara (ASX:KZL) at the Baal Gammon polymetallic mine in far north Queensland.

Apart from receiving shares in Kagara, Monto will receive a royalty on ore processed from Baal Gammon mine by Kagara.

The Baal Gammon Project is located 7 kilometres west of Herberton adjacent to the main sealed road between Herberton and Watsonville. Baal Gammon is located with the broader Herberton Tin project area.

A 28 hole drill program presaged the revised Baal Gammon Resource of 2.8 million tones including 1% copper, 40g/t silver and 0.2% tin. 

A larger that anticipated higher grade zone included 829,000 tonnes of copper at 2.5% copper.

Under the deal struck with Kagara, Monto Minerals has received 9.63 million shares in Kagara and is enitled to a 2.5% net smelter royalty payable on all metals for the first 550,000 tonnes of ore processed at Baal Gammon.

Monto will soon benefit financially from royalty payments as trucking of ore from the Baal Gammon mine to Kagara's Mt Garnet processing facility commenced on 28 November 2011.

Ore mined to date has been stockpiled on site.

Kagara will pay the royalty to Monto within five business days of receipt of payment from the product (concentrate) buyer.

The purpose of the Baal Gammon Resource calculation was to optimise the current pit design to ensure maximum recovery of the higher grade portions of the Resource.

The identification of the higher grade Resource zone within the broader Baal Gammon Global Resource has enhanced the economics of the Baal Gammon mine.  This will be prioritised for production from the commencement of mining in late September 2011.

At September quarter end, Monto Minerals had $4.7 million in cash plus 9.63 million Kagara shares worth $2.89 million.

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Thu, 12 Jan 2012 10:39:00 +1100 http://www.proactiveinvestors.com.au/companies/news/144076/monto-minerals-to-benefit-from-baal-gammon-resource-upgrade-by-kagara--24058.html
<![CDATA[News - Monto Minerals boosts tin portfolio in Herberton with acquisition agreement ]]> http://www.proactiveinvestors.com.au/companies/news/144074/monto-minerals-boosts-tin-portfolio-in-herberton-with-acquisition-agreement-21598.html Monto Minerals (ASX: MOO) will own the vast majority of high quality tin prospects in the northern Herberton Tin Field with the signing of two option agreements to purchase several advanced tin mining properties contiguous with the company’s existing tenements in Queensland.

The mining properties include three granted Mining Leases and one Exploration Permit for Minerals which incorporate the historic Great Southern tin mine and the Mount Misery prospect.

The Mount Misery prospect includes several mines most recently worked by Western Mining Corporation in the early 1980s.

Extensive exploration work undertaken by Western Mining Corporation at Mount Misery, including over 200 drill holes and underground bulk sampling, returned significant drill intercepts of 12.9 metres at 0.85% tin from 30 metres, including 3.65 metres at 1.78% tin.

Significant prospects within the Mount Misery property which have been subjected to small scale mining and exploration work include the Morning Cloud, Landmark, Murphy’s Luck – 100 metres south of Mount Tin – and Day Dawn prospects.

Mount Misery is composed of over five underground and open pit workings which produced coarse grained cassiterite processed by simple gravity extraction methods with recoveries of approximately 80%.

Western Mining Corporation has identified target mineralisation of 100-140 kilotonnes to a depth of 100 metres at 0.4-0.6% tin.

Meanwhile, the former Great Southern tin mine commenced mining in 1881 and is one of the most historic underground mines in the Herberton Tin Field producing some 1,800 tonnes of tin metal to a depth of around 120 metres.

Metals Exploration, now Metals X, conducted a detailed exploration program from 1965-1967 which included underground development of approximately 386 metres, including shaft sinking, and 2,861 of mostly underground diamond drilling.

The exploration program concentrated on one mineralised shoot and generated target mineralisation of 25,000-30,000 kilotonnes at a grade of 1-1.3% tin.

The agreements provide exclusive options over the properties for a period of two years for a total up-front option fee payment of A$30,000.

Monto will pay A$200,000 to fully acquire both prospects and A$300,000 on a decision to mine them.

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Fri, 04 Nov 2011 09:31:00 +1100 http://www.proactiveinvestors.com.au/companies/news/144074/monto-minerals-boosts-tin-portfolio-in-herberton-with-acquisition-agreement-21598.html
<![CDATA[News - Monto Minerals intercepts 7m at 7.77% copper at Baal Gammon ]]> http://www.proactiveinvestors.com.au/companies/news/144073/monto-minerals-intercepts-7m-at-777-copper-at-baal-gammon--20744.html Monto Minerals (ASX:MOO) and partner Kagara (ASX:KZL) have identified a number of significant copper intersections from recent diamond drilling at the joint Baal Gammon copper project in Northern Queensland.

Monto acquired the Baal Gammon Copper project from Conquest Mining (ASX:CQT) in Feburary 2011 for a cash payment of $1.5 million and 300,000,000 fully paid ordinary shares in Monto.

Conquest Mining holds 24% of Monto as a result. Monto also acquired the Herberton Tin Project in the transaction.

Best intersections reported today were 7 metres at 7.77% copper from 22 metres and 1.7 metres at 11.89% copper from 20 metres.

Baal Gammon is an advanced copper-tin-silver-indium deposit that is part of the Herberton tenements. Tin and base metals mined were mined there from 1967 to 1983. Baal Gammon has a JORC Resource of 5.48 million tonnes at 1.8% copper equivalent.

It is located about 35 kilometres from Kagara’s Mt Garnet plant. A prefeasibility study and mine permitting has been completed on the project.

Based on mine optimisation, a probable ore reserve for Baal Gammon is 3.1 million tonnes at 0.95% copper, 0.2% tin, 34.3 grams per tonne silver and 29.6 grams per tonne indium, with plus-29,000 tonnes of copper metal.

On May 12, 2011 Monto announced the signing of an agreement with Kagara for Kagara to contract mine the Baal Gammon polymetallic deposit. Kagara owns and operates the nearby 500,000 tonne per annum Mt Garnet copper plant which will be used to process ore derived from Baal Gammon.

Diamond drilling at the mine began in August and is ongoing. The objective is to reinforce the existing mine reserve model for the deposit, investigate potential extensions to the existing mineralisation and provide metallurgical information for copper, silver and tin processing. The resource drilling is concurrent with present blast and pre-strip operations.

 

Herberton Tin Project

 

Monto's other asset is the Herberton Tin Project, which it acquired from Conquest Mining earlier this year for an initial $1.5 million payment and the issue of 3 million shares.

Herberton, which comprises more than 534 square kilometres of tin exploration ground, has produced more than 76,300t of tin across 2000 mines.

Several walk-up high grade drill targets have already been established. The previous breccia pipe-hosted Vulcan mine was mined to a depth of 425 metres with a grade of more than 6% tin for almost 14,000 tonnes of concentrate.

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Fri, 14 Oct 2011 10:55:00 +1100 http://www.proactiveinvestors.com.au/companies/news/144073/monto-minerals-intercepts-7m-at-777-copper-at-baal-gammon--20744.html
<![CDATA[News - Monto Minerals and Kagara on track for copper production in Northern Queensland ]]> http://www.proactiveinvestors.com.au/companies/news/144071/monto-minerals-and-kagara-on-track-for-copper-production-in-northern-queensland-20628.html Monto Minerals (ASX: MOO) and partner Kagara (ASX: KZL) have begun blasting and mining pre-strip at the joint Baal Gammon copper project in Northern Queensland, with production imminent.

Kagara has completed more than three-quarters of a 25 hole diamond drilling program at the Baal Gammon mine, which is designed to confirm various aspects of the existing resource model and assist with metallurgical assessment.

Blasting and mining pre-strip work has begun, and Kagara will begin carting ore shortly.

Baal Gammon is an advanced copper/tin/silver/indium deposit that is part of the Herberton tenements.

Based on mine optimisation, a probable ore reserve for Baal Gammon has been generated; 3.1 million tonnes at 0.95% copper, 0.2% tin, 34.3 grams per tonne silver and 29.6 grams per tonne indium, with plus-29,000 tonnes of copper metal.

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Wed, 12 Oct 2011 11:37:00 +1100 http://www.proactiveinvestors.com.au/companies/news/144071/monto-minerals-and-kagara-on-track-for-copper-production-in-northern-queensland-20628.html
<![CDATA[News - Monto Minerals and Kagara target tin ore processing later this year near Cairns ]]> http://www.proactiveinvestors.com.au/companies/news/144069/monto-minerals-and-kagara-target-tin-ore-processing-later-this-year-near-cairns-16221.html Monto Minerals (ASX: MOO) has entered a partnership with Kagara (ASX: KGL) to investigate tin extraction and processing options at Baal Gammon and Monto’s Herberton Tin Project in Queensland.

Mine development at Herberton will begin immediately with ore processing targeted by October 2011.
 
Monto and Kagara have also signed an agreement giving Kagara the rights to mine the Baal Gammon Copper Deposit with considerations.

The considerations include $6 million as an initial capital payment to Monto payable in Kagara shares, 2.5% royalties payable on all metals for the 550,000 tonnes of ore processed and 2% royalties payable on all metals over the 550,000 mark.

The two mining companies will also form a joint venture for the exploration of base metals, excluding tin, across the entire Herberton tenement, with Kagara conducting the exploration activities.

Drilling at Herberton will begin in the coming months that may result in the increased profitability of Baal Gammon through the sale of tin in the production concentrate.

Historically, Herberton has produced over 109,000 tonnes of tin concentrates (concentrate comprising approximately 70% tin – 76,300t of tin metal) and is currently the pre-eminent area for hard rock tin exploration in Australia.

Several walk-up high grade drill targets have already been established at Herberton. A previous breccia pipe-hosted Vulcan mine was mined to a depth of 425 metres with a grade of over 6% tin for almost 14,000 tonnes of concentrate.

There is an extensive digitized database including air and ground-based magnetics, IP surveys, extensive soil sampling, rock chip sampling and drilling.

Baal Gammon is a highly advanced project incorporated into the Herberton tenements with a JORC Indicated and Inferred Resource of 5.482 million tonnes at 0.8% copper, 0.2% tin, 29 grams per tonne (g/t) silver and 29g/t indium.

Based on mine optimisations and open pit designs, Baal Gammon has a Probable Ore Reserve of 3.1 million tonnes at 0.95% Copper, 34.3 g/t silver, 29.6 g/t indium and 0.2% tin.

Herberton is located 70 kilomteres south west of Cairns in Far North Queensland and infrastructure in the immediate area is excellent with respect to sealed road access, power, workforce, suppliers and proximity to port.

The project comprises four granted exploration permits as well as 11 granted mining leases and 9 mining lease applications.

 

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Thu, 12 May 2011 14:52:00 +1000 http://www.proactiveinvestors.com.au/companies/news/144069/monto-minerals-and-kagara-target-tin-ore-processing-later-this-year-near-cairns-16221.html
<![CDATA[News - Monto Minerals to acquire advanced tin and copper projects in Queensland ]]> http://www.proactiveinvestors.com.au/companies/news/144067/monto-minerals-to-acquire-advanced-tin-and-copper-projects-in-queensland-13687.html Monto Minerals (ASX: MOO) has signed an agreement to acquire over 534 square kilometres of tin exploration ground in the Herberton Tin Field of Northern Queensland.

Historically the field has produced over 109,000 tonnes (t) of tin concentrates (concentrate comprising approximately 70% tin – 76,300t of tin metal) and is currently the pre‐eminent area for hard rock tin exploration in Australia.

The company will also acquire the highly advanced Baal Gammon Copper Project which is incorporated in the Herberton tenements.

The agreement was signed with Conquest Mining (ASX: CQT) which will have a minimum 24.5% shareholding in Monto post acquisition.

Monto will make a cash payment of $1.5 million and will issue 300 million fully paid ordinary shares to Conquest Mining.

In addition, Monto will issue and allot 150 million options exercisable at $0.03 each on or before 30 June 2014 to Conquest Mining.

Monto will make a cash payment of $1.5 million to Conquest Mining upon a decision to mine with respect to the Baal Gammon Copper Project.

The company plans a capital raising of A$3.5 million and is currently considering a range of options including an entitlement issue to shareholders.

The deal is subject to completion of legal due diligence as well as shareholder and regulatory approvals prior to 30 April 2011.

Several walk‐up high grade drill targets have already been established at the Herberton Tin Field . A previous breccia pipe‐hosted Vulcan mine was mined to a depth of 425m with a grade of over 6% tin (Sn) for almost 14,000 tonnes of concentrate.

There is an extensive digitized database including air and ground‐based magnetics, IP surveys, extensive soil sampling, rock chip sampling and drilling. Over 14 tin targets have been identified.

A component of the exploration ground is located adjacent to Consolidated Tin’s (ASX: CSD) Mt Garnet Project.

Numerous lead (Pb), zinc (Zn), gold (Ag) and silver (Au) targets over the extent of the exploration tenements have been defined through previous drilling and historical high‐grade mining.

Based on mine optimisations and open pit designs, Baal Gammon has a Probable Ore Reserve of 3.1 million tonnes at 0.95% Cu, 34.3 g/t Ag, 29.6 g/t indium (In) and 0.2% Sn.

The Herberton Tin Project is located 70km south west of Cairns in Far North Queensland and infrastructure in the immediate area is excellent with respect to sealed road access, power, workforce, suppliers and proximity to port.

The project comprises four granted exploration permits as well as 11 granted mining leases and 9 mining lease applications.

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Fri, 04 Feb 2011 11:44:00 +1100 http://www.proactiveinvestors.com.au/companies/news/144067/monto-minerals-to-acquire-advanced-tin-and-copper-projects-in-queensland-13687.html
<![CDATA[News - Kangaroo paddies hit the fan at Monto Minerals ]]> http://www.proactiveinvestors.com.au/companies/news/144065/kangaroo-paddies-hit-the-fan-at-monto-minerals-0177.html
Monto Minerals has been struggling with the ramp up of production at its Goondicum mine in Australia.


Mark McCauley, non-executive director, also resigned from the board due to a conflict of interest as he is also a director of RMM Capital, a private equity firm that supplied a convertible loan note to Monto Minerals previously.
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Thu, 12 Jun 2008 00:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/144065/kangaroo-paddies-hit-the-fan-at-monto-minerals-0177.html