http://www.proactiveinvestors.com.au Proactiveinvestors RSS feed en Sat, 29 Apr 2017 13:33:32 +1000 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[News - Zyber Holdings is the ASX Volume Leader late in the session ]]> http://www.proactiveinvestors.com.au/companies/news/175036/zyber-holdings-is-the-asx-volume-leader-late-in-the-session-175036.html  

]]>
Mon, 20 Mar 2017 15:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/175036/zyber-holdings-is-the-asx-volume-leader-late-in-the-session-175036.html
<![CDATA[News - Zyber Holdings looks towards new options ]]> http://www.proactiveinvestors.com.au/companies/news/170144/zyber-holdings-looks-towards-new-options-170144.html The halt will remain in place until the opening of trade on Monday 12th December 2016, or earlier if an announcement is made to the market.

]]>
Thu, 08 Dec 2016 10:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/170144/zyber-holdings-looks-towards-new-options-170144.html
<![CDATA[News - Zyber Holdings Ltd to reveal changes to executive team ]]> http://www.proactiveinvestors.com.au/companies/news/147621/zyber-holdings-ltd-to-reveal-changes-to-executive-team-68927.html Zyber Holdings Ltd (ASX:ZYB) is preparing to outline changes to its executive management team, with the ASX granting the company a trading halt to prepare.

The halt will remain in place until the opening of trade on Wednesday 1st June 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.

]]>
Tue, 31 May 2016 08:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/147621/zyber-holdings-ltd-to-reveal-changes-to-executive-team-68927.html
<![CDATA[News - Zyber Secure Mobile Solutions edges closer to re-admission to ASX ]]> http://www.proactiveinvestors.com.au/companies/news/147620/zyber-secure-mobile-solutions-edges-closer-to-re-admission-to-asx-66727.html Canadian data security firm Zyber Secure Mobile Solutions will soon have its shares listed on the Australian Securities Exchange after a reverse takeover of Dourado Resources.

The company raised $3 million and could have raised significantly more from applications for shares under a prospectus offering.

Zyber's shares could be re-admitted as early as 15 February 2016 to trading on the ASX.

The capital raised will be used to fund its next phase of growth, which includes the commencement of trials of a new version of its product, with five large enterprise companies from industries such as telecommunications and retail taking part.

The company's flagship product is a communication platform that allows users to securely share data without leaving a digital footprint.

 

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


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

]]>
Wed, 27 Jan 2016 15:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/147620/zyber-secure-mobile-solutions-edges-closer-to-re-admission-to-asx-66727.html
<![CDATA[News - Dourado selling Doolgunna tenement ]]> http://www.proactiveinvestors.com.au/companies/news/147619/dourado-selling-doolgunna-tenement-64768.html Dourado Resources (ASX:DUO) has entered into an agreement to sell its Mooloogool tenement in Western Australia’s Doolgunna region for a nominal consideration of $1.

This is part of its strategy to focus on the acquisition of Canadian data security and software company Zyber Secure Mobile Solutions Inc.

Zyber’s product is a secure, easy to install, mobile communication platform that allows users to transact, share data and collaborate across multiple devices and operating systems.

Notably, this offers control and security without leaving a digital footprint on anyone’s device.

This is designed to address concern about Zero Day, APT (Advanced Persistent Threat) attacks which typically feature highly sophisticated cyber techniques previously unavailable to hackers.

Dourado will acquire Zyber for 700 million shares and 270 million exchanged shares in three equal tranches that will be issued on the achievement of certain milestones.

It has also agreed to provide Zyber an initial unsecured loan of up to $260,000 with an interest rate of 6% per annum. This shall increase to $600,000 when all of the vendors have executed a formal share sale agreement.

The acquisition is conditional on completion of due diligence, shareholder approval, Duorado raising at least $3 million and re-compliance with Chapters 1 and 2 of the ASX listing rules.

 

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.

]]>
Fri, 25 Sep 2015 15:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/147619/dourado-selling-doolgunna-tenement-64768.html
<![CDATA[News - Here are Monday's 10 most traded ASX stocks ]]> http://www.proactiveinvestors.com.au/companies/news/147618/here-are-mondays-10-most-traded-asx-stocks-64403.html Monday's 10 most traded ASX stocks.

CompanyCodeLastChangeVolume Dourado Resources DUO $0.017 6.25% 52,750,705 Brookside Energy BRK $0.001 0% 45,555,197 Aleator Energy AWD $0.024 9.09% 27,488,265 Telstra TLS $5.600 -0.18% 25,779,546 Alumina AWC $1.230 1.24% 18,758,540 Medibank MPL $2.240 0% 18,244,753 Flat Glass FGI $0.050 0% 15,591,583 Antares Energy AZZ $0.315 250% 15,425,926 Fairfax FXJ $0.840 3.07% 14,338,968 Evolution Mining EVN $1.180 2.61% 14,269,313

 

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.

]]>
Tue, 08 Sep 2015 08:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/147618/here-are-mondays-10-most-traded-asx-stocks-64403.html
<![CDATA[News - Dourado Resources is Wednesday’s most active with 217 million ]]> http://www.proactiveinvestors.com.au/companies/news/147617/dourado-resources-is-wednesdays-most-active-with-217-million-64341.html Wednesday’s leading volume stocks on the ASX.

NameCodeLastChangeVolume Dourado Resources ASX:DUO $0.017 54.5% 217,442,892 Brookside Energy ASX:BRK $0.001 0% 69,839,238 WHL Energy ASX:WHN $0.001 0% 61,970,000 Pilot Energy ASX:PGY $0.001 -50% 59,207,209 Telstra Corporation ASX:TLS $5.65 -0.2% 43,977,014 88 Energy ASX:88E $0.01 0% 40,904,477 LWP Technologies ASX:LWP $0.009 0% 34,228,969 Prima BioMed ASX:PRR $0.069 30.2% 30,986,825 Alumina Limited ASX:AWC $1.24 -0.4% 30,738,874 Stockland ASX:SGP $3.86 -0.8% 25,240,969

 

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.

]]>
Thu, 03 Sep 2015 08:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/147617/dourado-resources-is-wednesdays-most-active-with-217-million-64341.html
<![CDATA[News - Dourado Resources, Telstra among Thursday’s most traded stocks ]]> http://www.proactiveinvestors.com.au/companies/news/147616/dourado-resources-telstra-among-thursdays-most-traded-stocks-62758.html Thursday’s leading volume stocks on the ASX.

NameCodeLastChangeVolume Mining Projects Group ASX:MPJ $0.009 50% 72,030,349 LWP Technologies ASX:LWP $0.012 -7.7% 70,692,869 Pan Asia Corporation ASX:PZC $0.021 200% 53,924,831 Dourado Resources ASX:DUO $0.001 0% 39,047,049 Federation Centres ASX:FDC $2.89 -0.7% 33,687,175 Metminco Limited ASX:MNC $0.007 -12.5% 31,533,232 Metcash Limited ASX:MTS $1.14 -17.7% 30,475,838 South32 Limited ASX:S32 $2.15 0% 30,359,403 Telstra Corporation ASX:TLS $6.00 -1.5% 26,108,721 Scentre Group ASX:SCG $3.80 -2.1% 21,846,375

 

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.

]]>
Fri, 05 Jun 2015 08:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/147616/dourado-resources-telstra-among-thursdays-most-traded-stocks-62758.html
<![CDATA[News - Dourado Resources, Sun Resources lead ASX% Gainers intra-day ]]> http://www.proactiveinvestors.com.au/companies/news/147615/dourado-resources-sun-resources-lead-asx-gainers-intra-day-62582.html Tuesday’s leading ASX % Gainers intra-day.

NameCodeLastChangeVolume Dourado Resources ASX:DUO $0.002 100% 1,000,000 Sun Resources ASX:SUR $0.002 100% 300,000 KBLMining ASX:KBL $0.048 60% 6,036,337 Australia United Mining ASX:AYM $0.003 50% 558,222 Arc Exploration ASX:ARX $0.003 50% 770,024 Allegra Orthopaedics ASX:AMT $0.26 48.6% 55,680 Fertoz ASX:FTZ $0.22 46.7% 114,900 Castle Minerals ASX:CDT $0.01 42.9% 100,000 Orion Gold ASX:ORN $0.033 37.5% 1,268,244 Minquest Limited ASX:MNQ $0.04 29% 2,863,663

 

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.

]]>
Tue, 26 May 2015 12:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/147615/dourado-resources-sun-resources-lead-asx-gainers-intra-day-62582.html
<![CDATA[News - These four companies are up 100% today ]]> http://www.proactiveinvestors.com.au/companies/news/147614/these-four-companies-are-up-100-today-62163.html Tuesday’s ASX % Gainers at mid-day.

NameCodeLastChangeVolume Dourado Resources ASX:DUO $0.002 100% 500,000 Thor Mining ASX:THR $0.002 100% 1,400,000 Triangle Energy ASX:TEG $0.002 100% 40,000 Sun Resources ASX:SUR $0.002 100% 3,617,525 Sovereign Gold ASX:SOC $0.003 50% 1,242,683 Artemis Resources ASX:ARV $0.003 50% 551,667 Global Metals ASX:GXN $0.003 50% 102,500 Odin Energy ASX:ODN $0.004 33.3% 3,650,007 Segue Resources ASX:SEG $0.005 25% 1,200,000 Manas Resources ASX:MSR $0.015 25% 484,737

 

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.

]]>
Tue, 05 May 2015 15:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/147614/these-four-companies-are-up-100-today-62163.html
<![CDATA[News - Dourado Resources is Wednesday’s most traded ]]> http://www.proactiveinvestors.com.au/companies/news/147613/dourado-resources-is-wednesdays-most-traded-62063.html Wednesday’s leading volume stocks on the ASX.

NameCodeLastChangeVolume Dourado Resources ASX:DUO $0.002 0% 78,426,638 Galicia Energy Corporation ASX:GAL $0.011 22.2% 40,780,472 Aziana Limited ASX:AZK $0.29 -24.7% 40,402,446 Lynas Corporation ASX:LYC $0.046 0% 35,275,965 Insurance Australia ASX:IAG $5.65 -4.1% 34,010,095 Fortescue Metals Group ASX:FMG $2.27 -7.3% 31,915,357 Telstra Corporation ASX:TLS $6.32 -0.8% 21,641,544 Xtv Networks ASX:XTV $0.032 10.3% 21,162,757 Odin Energy ASX:ODN $0.005 400% 19,695,000 Fairfax Media ASX:FXJ $1.06 -1.4% 15,748,281

 

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.

]]>
Thu, 30 Apr 2015 08:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/147613/dourado-resources-is-wednesdays-most-traded-62063.html
<![CDATA[News - Dourado Resources, Coretrack are Wednesday's most traded ]]> http://www.proactiveinvestors.com.au/companies/news/147612/dourado-resources-coretrack-are-wednesdays-most-traded-61921.html Wednesday’s leading volume stocks on the ASX.

NameCodeLastChangeVolume Dourado Resources ASX:DUO $0.002 -33.3% 60,197,735 Coretrack Limited ASX:CKK $0.009 -10% 48,161,310 Novogen Limited ASX:NRT $0.365 25.9% 43,807,282 Smarttrans Holdings ASX:SMA $0.024 4.3% 33,645,038 Paladin Energy ASX:PDN $0.355 2.9% 30,489,227 Telstra Corporation ASX:TLS $6.25 1%
28,184,615 Fortescue Metals Group ASX:FMG $1.905 1.9% 23,404,641 Eclipx Group ASX:ECX $2.78 0% 22,956,653 IMX Resources ASX:IXR $0.011 10% 21,877,985 Aurizon Holdings ASX:AZJ $4.82 3.9% 19,282,939

 

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.

]]>
Thu, 23 Apr 2015 08:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/147612/dourado-resources-coretrack-are-wednesdays-most-traded-61921.html
<![CDATA[News - Dourado Resources is Tuesday's most traded resource company ]]> http://www.proactiveinvestors.com.au/companies/news/147611/dourado-resources-is-tuesdays-most-traded-resource-company-61752.html These are some of Tuesday's leading volume stocks on the ASX.

CompanyCodeLastChangeVolume Dourado Resources DUO $0.004 -20% 70,814,877 Transaction TSN $0.005 25% 50,675,853 Fortescue Metals FMG $1.835 3.38% 22,805,458 Promesa PRA $0.008 -20% 19,500,709 Motopia MOT $0.001 0% 19,361,550 Carajas Copper CJC $0.001 0% 19,287,804 CoreTrack CKK $0.007 -12.50% 18,191,131 Focus Minerals FML $0.006 0% 17,896,459 PHW Consolidated PHW $0.004 0% 17,559,151

 

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.

]]>
Wed, 15 Apr 2015 08:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/147611/dourado-resources-is-tuesdays-most-traded-resource-company-61752.html
<![CDATA[News - Dourado Resources defines base metal anomalies in Doolgunna region ]]> http://www.proactiveinvestors.com.au/companies/news/147610/dourado-resources-defines-base-metal-anomalies-in-doolgunna-region-57713.html Dourado Resources (ASX:DUO) has revealed that an auger sampling program has been completed at its Mooloogool Project in the Doolgunna region of Western Australia.

Multi-element determinations from an XRF Analyser have now been completed, with eight of the principal base metal elements including copper, lead, zinc, nickel, iron, cobalt, molybdenum and mercury found.

Work is continuing on the analysis of distributions for the remaining metal and non-metal elements.

Notably, no systematic geochemistry has previously been done over this area.

Coincident anomalies for several elements in the north and centre of the tenement illustrate a strong base metal source.

This correlates well with the northernmost Bull’s Eye target.

At the western edge of the tenement there is a consistently high response for copper, lead, zinc, iron and cobalt.

This analysis and interpretation provides further targets for infill auger geochemistry as well as follow-up aircore or reverse circulation drilling.

The company is lightly valued at around $2 million.

 

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.

]]>
Mon, 22 Sep 2014 12:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/147610/dourado-resources-defines-base-metal-anomalies-in-doolgunna-region-57713.html
<![CDATA[News - Dourado Resources in toll processing negotiations for Western Australian gold ]]> http://www.proactiveinvestors.com.au/companies/news/147609/dourado-resources-in-toll-processing-negotiations-for-western-australian-gold-39513.html Dourado Resources (ASX: DUO) has entered into initial negotiations with a nearby mill for toll processing of gold ore from the company’s Sabbath/Garden Gully Project in Western Australia.

The project currently hosts a total Measured and Indicated JORC Resource of 202,103 tonnes at 2.14 grams per tonne (g/t) for 13,894 contained gold ounces, of which 87% is in the higher confidence Measured category.

Dourado is currently in the process of submitting the relevant approvals required to mine and extract the resource.

The company is also obtaining quotes from contractors to mine and deliver the ore to the mill.

The Sabbath mining tenement, about 12 kilometres northwest of Meekatharra, is situated in a well-defined belt or corridor of gold mineralisation in the Garden Gully South district north of Meekatharra.

The strike trends of historical gold workings appear to be extensive.

Dourado has identified a further 11 targets to explore in the northern part of the project.


Mooloogool/Diamond Well

Meanwhile, Dourado has also commenced the first stages of negotiations with a major Chinese construction company for its Mooloogool/Diamond Well Copper Project.

The project covers more than 2,400 square kilometres and is located less than 30 kilometres from Sandfire Resources’ (ASX: SFR) massive Degrussa deposit.

A pro-forma proposal to enter into an agreement for the funding of a new detailed exploration program together with a significant volume of technical data have been provided by Dourado to the Chinese company.

The exploration program will include helicopter-borne time domain electromagnetic (HELITEM) and reverse circulation drilling.

Subject to the exploration program proving up an adequate resource, Dourado will progress into a farm-in agreement to bring the project into production.

Previous exploration has identified at least 13 anomalous geochemical zones.


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.

]]>
Wed, 13 Feb 2013 15:50:00 +1100 http://www.proactiveinvestors.com.au/companies/news/147609/dourado-resources-in-toll-processing-negotiations-for-western-australian-gold-39513.html
<![CDATA[News - Dourado Resources upgrades Sabbath gold resources ]]> http://www.proactiveinvestors.com.au/companies/news/147608/dourado-resources-upgrades-sabbath-gold-resources-37390.html Dourado Resources (ASX:DUO) has increased its measured mineral resource at its Sabbath gold project in Western Australia by 1780 ounces for a total of 12,100 ounces compared with previous estimates of 10,320 ounces.

The upgrade was estimated using wire-frames based on cross sectional interpretations using Minemap software.

The Sabbath reverse circulation survey, lithology and assay results were compiled on a cross-sectional basis using a section spacing of 10 metres in the main part of the drilling and 14-30 metre for the remainder.

A total of 330 drill holes and 12231 samples constituted the resource drilling database.

The Sabbath deposit previously had a measured mineral resource of 145,000 tonnes at 2.21 grams per tonne of gold. The lower grade cut for block estimation was 1 grams per tonne of gold and an upper cut of 10 grams per tonne was used in the resource estimation.

Preliminary pit optimisations identified 50,000 tonnes at 3.5 grams per tonne.

The current resource is estimated at 202,103 tonnes at 2.14 grams per tonne of combined resources with measured mineral resource of 175,563 tonnes at 2.14 grams per tonne of gold.

Both estimates used an upper cut of 10 grams per tonne of gold. This represents an upgrade of 30,563 tonnes and an increase of about 1780 ounces.

In addition pit optimisations were completed on the measured resource using Lerch Grossman methods on gold price variables between US$1500 per ounce and $2000 per ounce.

The Sabbath mining tenement is situated in a well-defined belt or “corridor” of gold mineralisation in the Garden Gully South district north of Meekatharra.

The strike trends of historical gold workings appear to be extensive and northeast to north-north-east in orientation and is parallel to the Meekatharra Greenstone Belt.

Strike continuations of mineralisation associated with the Abernethy and Airstrip deposits identified by Doray Minerals to the southwest of Sabbath are interpreted to be present in the Dourado's Garden Gully tenements.

There are also similar parallel mineralisation trends extending southwest from Sabbath and in the North Granite Well area.

Further work is expected to highlight target areas for more detailed gold and copper exploration.

 

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.

]]>
Mon, 17 Dec 2012 13:50:00 +1100 http://www.proactiveinvestors.com.au/companies/news/147608/dourado-resources-upgrades-sabbath-gold-resources-37390.html
<![CDATA[News - Dourado Resources planning major copper/gold drilling in Western Australia ]]> http://www.proactiveinvestors.com.au/companies/news/147607/dourado-resources-planning-major-coppergold-drilling-in-western-australia-35548.html Dourado Resources (ASX: DUO) is planning an extensive series of drilling programs over its Mooloogool/Diamond copper project in Western Australia to follow up on 13 anomalies and previous drilling.

Over 250,000 metres of drilling is planned at the project, which is located less than 30 kilometres from Sandfire Resources’ (ASX: SFR) DeGrussa deposit.

This will further explore the 13 copper anomalies and other targets and to follow up on previous rotary air blast and reverse circulation drilling that showed the occurrence of sulphidic black metasediments.

The program consists of:

-    1,500 metres of rotary air blast and air core drilling in the south eastern area of the project
-    About 50,000 metres of rotary air blast, air core and reverse circulation drilling across the southern tenements; and
-    About 200,000 metres of rotary air blast, air core and reverse circulation drilling to cover mainly the western and southern project areas.

The first program has already been approved by the Department of Mines and Petroleum and is progressing through heritage survey processes while the second is due to be lodged with the DMP soon.

The final and largest program is in planning stages and will be lodged in the near future.

Dourado is also planning to carry out 70,000 metres of rotary air blast, air core, reverse circulation and auger drilling at its Sabbath Gold Project.

This is designed to explore the full potential of the tenements by focussing on the 11 identified target areas, while continuing to model the recent reverse circulation drilling.

Sabbath has a current Measured Resource of 145,000 tonnes at 2.21 grams per tonne gold.

Negotiations have started with a major drilling contractor to carry out the planned drilling programs at competitive rates, subject to the completion of due diligence.

The drilling contractor has agreed to receive part payment in cash and has independently undertaken to subscribe for shares and options in the Company in satisfaction for the provision of the drilling work.

This will allow Dourado to conserve its cash while it conducts aggressive drilling exploration programs.

 

Proactive Investors is a market leader in the investment news space, providing ASX “Small and Mid-cap” company news, research reports, StockTube videos and One2One Investor Forums.

]]>
Wed, 07 Nov 2012 13:20:00 +1100 http://www.proactiveinvestors.com.au/companies/news/147607/dourado-resources-planning-major-coppergold-drilling-in-western-australia-35548.html
<![CDATA[News - Dourado Resources asked about 56% share price gain ]]> http://www.proactiveinvestors.com.au/companies/news/147606/dourado-resources-asked-about-56-share-price-gain-34884.html Dourado Resources (ASX:DUO) has been queried for a share price gain and volume increase by the ASX.

It reported that it had no explanation except the company completed a placement.

However, Dourado’s projects in the mid-west area WA are located next to, or near several major discoveries have been made in recent times in the midwest (namely Sandfire’s (ASX:SFR) DeGrussa copper deposit and Doray’s (ASX:DRY) Wilbur Lode gold deposit).

Dourado is located next to, or near these discoveries and share similar geology.

 

Proactive Investors is a market leader in the investment news space, providing ASX “Small and Mid-cap” company news, research reports, StockTube videos and One2One Investor Forums.

]]>
Wed, 24 Oct 2012 08:20:00 +1100 http://www.proactiveinvestors.com.au/companies/news/147606/dourado-resources-asked-about-56-share-price-gain-34884.html
<![CDATA[News - Dourado Resources to investigate Mistletoe tenement at Garden Gully project, adjoins Andy Well find ]]> http://www.proactiveinvestors.com.au/companies/news/147605/dourado-resources-to-investigate-mistletoe-tenement-at-garden-gully-project-adjoins-andy-well-find-31235.html Dourado Resources (ASX: DUO) has gained new tenements at its Garden Gully gold project tenements that are in proximity to gold discoveries in Western Australia.

The recent success of Doray Minerals (ASX: DRM) at its Andy Well project has prompted Dourado to investigate its Mistletoe tenement at the Garden Gully project, which adjoins Andy Well.

Andy Well contains the high grade Wilbur Lode which has a current Indicated and Inferred JORC resource of 680,000 tonnes at 15.1 grams per tonne (g/t) for 331,000 ounces of gold. Doray recently announced its maiden high grade gold mining reserve at Andy Well of 570,000 tonnes at 12.8g/t for 235,000 ounces of gold.

With the granting of three further tenements, Dourado's tenement package at Garden Gully now comprises 12 granted tenements and seven applications.

The Garden Gully and Sabbath tenements are highly prospective for gold with historical exploration leading to the discovery of deposits adjacent to or within them such as Sabbath, Kyarra, Crown and Garden Gully.

More recently the Abernethy, Airstrip and Andy Well deposits were defined by Doray Minerals within the district.

Dourado has now identified 12 main target areas on the granted tenements of the Garden Gully-Sabbath Project, with exploration programs initiated over three of the targets. 

The second stage of the 114 hole drilling program at Sabbath, which hosts a Measured JORC Resource of 145,000 tonnes at 2.2g/t gold, began in early July.

The tenement is situated in a well-defined belt or "corridor" of gold mineralisation in the Garden Gully South district north of Meekatharra.

Strike continuations of mineralisation associated with Doray’s Abernethy and Airstrip deposits to the southwest of Sabbath are interpreted to be present in Dourado’s Garden Gully tenements.

Exploration has begun on the recently granted Mistletoe tenement with a detailed soil sampling program already completed.


Proactive Investors is a market leader in the investment news space, providing ASX “Small and Mid-cap” company news, research reports, StockTube videos and One2One Investor Forums.

]]>
Thu, 12 Jul 2012 15:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/147605/dourado-resources-to-investigate-mistletoe-tenement-at-garden-gully-project-adjoins-andy-well-find-31235.html
<![CDATA[News - Dourado Resources on the exploration trail for base metals near Meekatharra in WA ]]> http://www.proactiveinvestors.com.au/companies/news/147604/dourado-resources-on-the-exploration-trail-for-base-metals-near-meekatharra-in-wa-26299.html Dourado Resources (ASX: DUO) has commenced a target sampling program at the Mooloogool/Diamond Well Project aimed at proving up prospective zones of mineralisation.

The new targets are based on an exploration model derived from an initial rotary air blast drilling program.

Results from the drilling program returned base metal values of up to 8.9 parts per million (ppm) silver, 709ppm copper, 1020ppm lead and 1848ppm zinc along with 1420ppm barium.

A soil and drainage program will be carried out at Mooloogool/Diamond Well to follow up the new targets.

Initially 4330 soil samples (for 216 line kilometres) and 15 drainage samples will be taken, along with geological mapping and scintillometer readings to test the new targets.

Dourado identified the new targets through an exploration program that comprised comparative geochemistry, geophysics and geology.

The identified targets cover 10 tenements in the project area.

Mooloogool/Diamond Well is located near Meekatharra in a highly prospective region of Western Australia.

Dourado has a number of projects in the area, including the Sabbath Gold Project and the Garden Gully and Garden Gully North projects.

]]>
Mon, 12 Mar 2012 14:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/147604/dourado-resources-on-the-exploration-trail-for-base-metals-near-meekatharra-in-wa-26299.html
<![CDATA[News - Dourado Resources targets copper and gold in new drilling near Meekatharra ]]> http://www.proactiveinvestors.com.au/companies/news/147603/dourado-resources-targets-copper-and-gold-in-new-drilling-near-meekatharra-19674.html Dourado Resources (ASX: DUO) has kicked off an extensive exploration program at several of the company's projects, which are locted near Meekatharra in a highly prospective region of Western Australia.

At the Mooloogool/Diamond Well Projects an initial rotary air blast drilling program targeting identified Geochemical Zones has commenced, with 47 holes for around 4700 metres.

The drilling will be conducted on existing tracks to confirm the geochemistry and geology of the initial auger program, with another larger campaign planned for the southern tenements on specific structural and geochemical targets.

At the Sabbath/Garden Gully Projects, a reverse circulation program is being planned for targets identified along strike, parallel, down dip and down plunge of current resource boundaries.

The Sabbath deposit has a Measured Mineral Resource of 145,000 tonnes at 2.21 grams per tonne gold, which was identified by Au Mining Pty Ltd in 2002-2003.

Finally at Garden Gully North, an auger program is scheduled to begin this month, which will comprise 35 auger traverses for a total of 269 line kilometres.

Dourado said that the traverses are around 1500 metres apart with drilling at 200 metre spacings to complete about 1350 holes, with samples to be assayed for a multi-element suite.

 

]]>
Thu, 15 Sep 2011 13:45:00 +1000 http://www.proactiveinvestors.com.au/companies/news/147603/dourado-resources-targets-copper-and-gold-in-new-drilling-near-meekatharra-19674.html
<![CDATA[News - Dourado Resources 18% spike prompts ASX price and volume speeding ticket ]]> http://www.proactiveinvestors.com.au/companies/news/147602/dourado-resources-18-spike-prompts-asx-price-and-volume-speeding-ticket-19141.html Dourado Resources (ASX: DUO) has come onto the ASX radar and has received a price and volume 'please explain' after the company's shares spiked 18% to $0.235 in intra-day trade today, from $0.20 two days earlier.

Dourado said that the company is not aware of any material information that has not been disclosed, which may explain the sudden investor interest.

The company though did however note in a response back to the ASX:

'As announced previously on 5 August 2011, the company is holding a General Meeting of Shareholders on 7 September 2011 to conclude the acquisition of Anuman Holdings Pty Ltd but this transaction has been well documented.'

Anuman owns the rights to explore for minerals other than manganese and iron on a package of exploration tenements and applications situated 100 kilometres north east of Meekatharra.

The tenements adjoin the existing Dourado Mooloogool/Diamond Well Projects.

 

]]>
Wed, 31 Aug 2011 13:42:00 +1000 http://www.proactiveinvestors.com.au/companies/news/147602/dourado-resources-18-spike-prompts-asx-price-and-volume-speeding-ticket-19141.html
<![CDATA[News - Dourado Resources to raise up to $2.5m to fund copper gold exploration ]]> http://www.proactiveinvestors.com.au/companies/news/147601/dourado-resources-to-raise-up-to-25m-to-fund-copper-gold-exploration-15229.html Dourado Resources (ASX: DUO) will seek shareholder approval to raise up to $2.5 million by placement in order to fund copper gold exploration at the company’s Mooloogool and Diamond Wells Projects in Western Australia.

The potential new inflow of funds will also help Dourado complete due diligence on acquiring all the shares and options in Anuman Holdings, that the company doesn't already own.

At Mooloogool and Diamond Wells, Dourado will begin conducting field surveys for 10 geochemical zones at the projects within the week.

The projects have a main road within a 5 kilometre proximity and railway within 20 kilometres.

Drilling at the nearby Doolgunna Project has intersected mineralisation of 2.9% to 5.3% copper, 13.4 to 20.1 grams per tonne (g/t) gold and 1.0% to 2.1% Zinc.

 

]]>
Tue, 05 Apr 2011 12:23:00 +1000 http://www.proactiveinvestors.com.au/companies/news/147601/dourado-resources-to-raise-up-to-25m-to-fund-copper-gold-exploration-15229.html
<![CDATA[News - Dourado Resources 29% share spike prompts ASX 'please explain' ]]> http://www.proactiveinvestors.com.au/companies/news/147600/dourado-resources-29-share-spike-prompts-asx-please-explain-14242.html Dourado Resources (ASX: DUO) shares spiked 29% to an intra-day high of $0.225 yesterday, from a closing price of $0.175 on Tuesday 22 February, on increased volume, prompting an ASX speeding ticket in the form of a price and volume query.

The company said there was no material information that has not been released which may have sparked the sudden investor interest.

Dourado did however state in a response back to the ASX:

'The announcement on 23 February 2011 advised the market that the company was no longer a substantial shareholder of Aurium Resources Limited following the sale on market of a significant number of Aurium shares.

'The consequences of this sell down are a positive impact in cashflow in the immediate term and in the longer term on net profit.

'The announcement on the 21 February 2011 advised the market of the successful listing on 17 February 2011 of the company's wholly owned subsidiary Eclispse Uranium Limited.'

Eclispse Uranium (ASX: EUL) this week kicked off initial scout drilling at the Eclipse Uranium Project in the Northern Territory, with exploration focused on uranium and rare earths.

Initial exploration will consist of 24 holes for 2000 metres, targeting radiometric anomalies on the southern margin of the Ngalia Basin.

Dourado holds a 38.18% stake in Eclipse.

Dourado shares closed last night at $0.22, with Eclispse $0.21, slightly up on the IPO listing price.

 

]]>
Fri, 25 Feb 2011 09:36:00 +1100 http://www.proactiveinvestors.com.au/companies/news/147600/dourado-resources-29-share-spike-prompts-asx-please-explain-14242.html
<![CDATA[News - Dourado Resources drilling confirms anomalous gold and copper at Doolgunna ]]> http://www.proactiveinvestors.com.au/companies/news/147599/dourado-resources-drilling-confirms-anomalous-gold-and-copper-at-doolgunna-12241.html Anomalous gold, copper and base metal trends have been identified in stage 1 geochemical auger drilling at the Dourado Resources (ASX: DUO) Doolgunna/Mooloogool project.

The gold and base metal results identified from auger traverses confirm, and are consistent with, previously interpreted satellite and airborne geophysical anomalies and structures on these tenements.

Significant and anomalous results include:

- Gold to 22ppb in cover rocks;
- Silver to 33.6 ppm;
- Barium to 1577 ppm;
- Copper to 137 ppm;
- Lithium to 55.6 ppm;
- Molybdenum to 3.54 ppm;
- Lead to 62.7 ppm;
- Tin to 2.93 ppm; and
- Zinc to 386 ppm.

The Doolgunna/Mooloogool project consists of seven tenements which lie within a strong geophysical target zone, with coincident gold and arsenic anomalies.

The Diamond Well project area is situated along the southern contact zone of the Yerrida Basin and the Glengarry Basin, where the company said it is thought that similar structures to those of the faulted Proterozoic contact on the northern edge of the Yerrida Basin at Sandfire Resources (ASX: SFR) Doolgunna Project.

Current exploration activities at the Doolgunna project have produced excellent drilling results as reported by Sandfire Resources including; 2.9 to 5.3% copper, 13.4 to 20.1 g/t silver and 1.0 to 2.1% zinc, as well as consistent high grade gold values.

 

]]>
Thu, 02 Dec 2010 16:13:00 +1100 http://www.proactiveinvestors.com.au/companies/news/147599/dourado-resources-drilling-confirms-anomalous-gold-and-copper-at-doolgunna-12241.html
<![CDATA[News - Dourado Resources in takeover bid for Aurium Resources ]]> http://www.proactiveinvestors.com.au/companies/news/147598/dourado-resources-in-takeover-bid-for-aurium-resources-8684.html Perth based exploration company Dourado Resources (ASX: DUO) has proposed to make an off market takeover bid for all of the Ordinary Shares in Aurium Resources (ASX: AGU), a gold and uranium exploration company.

The consideration for the proposed bid will be one cent cash and one Dourado Resources Share for every 10 Aurium Resources Fully Paid Shares, and one Dourado Resources Share for every 2,000 Aurium Resources Partly Paid Shares.

The announcement follows Dourado's stated strategy of evaluating other prospective mining projects that have the potential to contribute to the company’s growth and to seek future projects either by direct acquisition or in joint ventures.

Aurium has a diverse portfolio of exploration assets, including a number of tenements prospective for gold, copper, iron and uranium in the mid west region of Western Australia, where the majority of Dourado Resources Limited’s existing tenements are located.

Aurium also has an interest in tenements in the Northern Territory which are prospective for uranium, which have the potential to compliment the Northern Territory tenement portfolio held by Dourado Resources Limited’s wholly owned subsidiary Eclipse Uranium Ltd.

Dourado intends to make the takeover bid within two months unless "any of the “prescribed occurrences” set out in section 652C of the Corporations Act occur between the date of this announcement and the lodgement of the Bidder’s Statement."

The proposed takeover bid will be subject to the following conditions:

- At the end of the offer period, Dourado Resources having a relevant interest in at least 51% percent of the ordinary shares on issue in Aurium Resources;
- At the end of the offer period, Aurium Resources having net tangible assets of not less than $2,500,000;
- None of the “prescribed occurrences” set out in section 652C of the Corporations Act occurring during the offer period;
- Permission for admission to quotation for the Dourado Resources Shares to be issued to Aurium Resources Ltd Shareholders accepting the offer being granted by ASX no later than 7 days after the end of the offer period.

On July 8 Dourado successfully negotiated an agreement with the vendors of Abbotts Exploration Pty Ltd for 27.5% of the capital of Abbotts for the consideration of $700,000 and 13 million Fully Paid Ordinary Shares.

Abbotts owns a series of tenements and has a 40% interest in Anuman Holdings Pty Ltd. The Abbotts and Anuman tenements are in close locality with Dourado’s Sabbath-Garden Gully & Mooloogool-Diamond Well Projects in Western Australia.

]]>
Fri, 16 Jul 2010 08:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/147598/dourado-resources-in-takeover-bid-for-aurium-resources-8684.html
<![CDATA[News - Dourado Resources acquires Abbotts Exploration to enhance gold tenements ]]> http://www.proactiveinvestors.com.au/companies/news/147597/dourado-resources-acquires-abbotts-exploration-to-enhance-gold-tenements-8468.html Dourado Resources (ASX: DUO) has successfully negotiated an agreement with the vendors of Abbotts Exploration Pty Ltd for 27.5% of the capital of Abbotts for the consideration of $700,000 and 13 million Fully Paid Ordinary Shares.

Abbotts owns a series of tenements and has a 40% interest in Anuman Holdings Pty Ltd. The Abbotts and Anuman tenements are in close locality with Dourado’s Sabbath-Garden Gully & Mooloogool-Diamond Well Projects in Western Australia.

Peter Del Fante, Dourado's managing director, said that the transaction was of strategic importance to the current holdings of the company and "will further enhance Dourado’s portfolio of exploration tenements which are aligned with its initial objectives."

All the tenements that constitute the Abbotts Project are within approximately 40kms north north east of the Meekatharra township. The Abbotts tenements are located next to Dourado’s Sabbath-Garden Gully Project.

The company believes this proximity will enhance the potential of the overall package. The project area contains a number of gold prospects discovered by WMC in the mid to late 1990’s but which have seen little systematic gold exploration since this time.

Historic gold production of about 40,000 ounces is recorded from the Abbotts greenstone belt, derived principally from the Mt Vranizan (12,200 oz) and New Murchison King (24,460 oz) mines.

Several of the tenements are contiguous with some of the highly regarded Doray Minerals Ltd (Doray) Projects and this includes Doray’s Andy Well Project that released spectacular gold intersections in late March 2010.

As of 15 March 2010, Dourado released significant gold results resulting from their first drilling program for Sabbath-Garden Gully. These encouraging results were further supported by findings from the second drill program.

A further seven hole deep drilling program has been completed with results pending.

The Anuman Project (in which Abbotts has an indirect interest by its shareholding in Anuman) is situated approximately 100kms north east of Meekatharra and located east of the Great Northern Highway.

The Anuman tenements are well positioned in relation to Dourado’s Mooloogool-Diamond Well Project, thus strengthening the company’s holdings.

Dourado will have rights on all minerals except manganese and iron for the Anuman tenements. Underlying the leases are proterozoic rocks of the Goodin Dome which are known for rich gold mineralisations.

The Project is within proximity to the well-regarded Sandfire Resources (ASX: SFR) tenements. Sandfire’s Doolgunna and DeGrussa projects have yielded consistently significant results from their numerous drilling programs.

The company said it has planned a field trip to the Project area in order to carry out a first-pass drilling program and examine other potential exploration targets identified by recently generated geophysical imaging and interpretation.

]]>
Thu, 08 Jul 2010 06:36:00 +1000 http://www.proactiveinvestors.com.au/companies/news/147597/dourado-resources-acquires-abbotts-exploration-to-enhance-gold-tenements-8468.html
<![CDATA[News - Dourado Resources' Eclipse Uranium IPO to deliver significant share holding ]]> http://www.proactiveinvestors.com.au/companies/news/147596/dourado-resources-eclipse-uranium-ipo-to-deliver-significant-share-holding-6941.html Dourado Resources (ASX: DUO) has updated shareholders on the recent decision to divest its uranium assets in the Northern Territory as part of a new Initial Public Offering to focus on uranium exploration.

As announced to ASX, on 5 March 2010 and approved by shareholders on 21 April 2010, Dourado plans to spin-out its uranium assets into a new IPO by Eclipse Uranium Ltd, which is currently wholly owned by Dourado.

Peter Del Fante, Managing Director, said the divestment will deliver Dourado a significant share holding and board representation in a cashed up entity that has the sole focus of exploring for uranium in the Northern Territory.

A successful listing of Eclipse on the ASX will deliver Dourado, a holding of between 20% and 33% depending on the amount raised from the Initial Public Offering.

Eclipse will have a large landholding, having also obtained an option to acquire exploration assets from Cauldron Energy (ASX: CXU), announcements dated 5 March and 23 April 2010).

The company said these exploration projects are well positioned in fertile uranium provinces. They are relatively un-explored for uranium, despite their prospectivity and the Northern Territory being a major focus for uranium exploration in Australia.

Eclipse has recently lodged its prospectus with the ASIC.

]]>
Wed, 05 May 2010 10:31:00 +1000 http://www.proactiveinvestors.com.au/companies/news/147596/dourado-resources-eclipse-uranium-ipo-to-deliver-significant-share-holding-6941.html
<![CDATA[News - Dourado Resources encouraged by drilling results at WA gold project ]]> http://www.proactiveinvestors.com.au/companies/news/147595/dourado-resources-encouraged-by-drilling-results-at-wa-gold-project-6582.html Dourado Resources (ASX: DUO), the Perth-based diversified mineral exploration company, has reported it is pleased with the results from its preliminary drilling program at the Sabbath Gold Project, located 12 kilometres north of Meekatharra in Western Australia.

Details of the first drilling program were announced to the market on 15 March 2010. The significant gold intersections returned from the previously completed RC drilling occur over 550 metres of strike extent and demonstrated that the vertical extent of the gold mineralisation extends at least 90 metres vertical depth.

Significant intersections returned from the recent drilling included: Hole 2010AC05 intersected 6m @ 12.23 g/t Gold from 54 metres; Hole 2010AC15 intersected 20m @ 0.75 g/t Gold from 16 metres; and Hole 2010AC19 intersected 13m @ 3.17 g/t Gold from 45 metres.

Dourado’s Managing director Peter Del Fante said, “we’re optimistic that the Sabbath Gold Project will develop into a significant gold project."

"Dourado has successfully completed its first drilling program and the results have been encouraging to the point that a further, deeper drilling program is to be conducted in the coming weeks," he added.

The new drill program has gold intersections of over 550 metres strike length, is open along strike and is 90 metres vertical depth.

Six or more deep holes will be drilled and aimed to intersect the veins at approximately 120 metres vertical depth. This project is scheduled for May 2010.

Encouraging results from Doray Minerals Andy Well Project, located to the north of Meekatharra, highlight the potential of the area.

Dourado Resources shares rose 6% to 23 cents in trading today.

]]>
Tue, 20 Apr 2010 12:40:00 +1000 http://www.proactiveinvestors.com.au/companies/news/147595/dourado-resources-encouraged-by-drilling-results-at-wa-gold-project-6582.html