Sign up Australia
Proactive Investors - Run By Investors For Investors

Cove Resources has Scoping Study results on the table, halt granted pending release

Cove Resources has Scoping Study results on the table, halt granted pending release

Cove Resources (ASX: CVE) has some potentially very interesting news on the horizon with the company granted a trading halt by the ASX pending the release of a Scoping Study.

Cove has not yet indicated the project for the study, but earlier in the month the company acquired the advanced stage Koivu Titanium Project in Finland for a total consideration of €9 million (A$11.2 million) - and said a Scoping Study was due within weeks.

Koivu hosts five titanium deposits with a combined JORC Indicated and Inferred Resources of 68.7 million tonnes at 7.5% titanium dioxide (TiO2), which equates to over 5 million tonnes of contained TiO2.

The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Tuesday 24th July.

 

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.





Register here to be notified of future BID Company articles
View full BID profile View Profile

BidEnergy Ltd Timeline

Newswire
June 28 2017

Related Articles

potash-delivery.jpg
July 31 2017
As well as RHA and Zulu, the firm has assets in Mozambique and a stake in private firm Circum Minerals
PureCircle---Field-of-crops.png
July 12 2017
Harvest Minerals is now completing tests on KPfértil and should secure full certification by the end of the year
Gold-plus-dollars.jpg
April 25 2017
The acquisition of the Hellyer mine looks set to be transformational for NQ Minerals

© Proactive Investors 2017

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use