Proactiveinvestors Australia - Nonequity Investment Instruments RSS feed http://www.proactiveinvestors.com.au Proactiveinvestors Australia - Nonequity Investment Instruments feed en Sun, 21 Jan 2018 17:09:37 +1100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com action@proactiveinvestors.com BioTech Capital signs strategic agreement with Swedish medtech player http://www.proactiveinvestors.com.au/companies/news/183876/biotech-capital-signs-strategic-agreement-with-swedish-medtech-player-183876.html Wed, 13 Sep 2017 15:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/183876/biotech-capital-signs-strategic-agreement-with-swedish-medtech-player-183876.html Biotech Capital to receive cash injection http://www.proactiveinvestors.com.au/companies/news/173016/biotech-capital-to-receive-cash-injection-173016.html Mon, 13 Feb 2017 08:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/173016/biotech-capital-to-receive-cash-injection-173016.html Biotech Capital Ltd establishes trans-pacific business alliance http://www.proactiveinvestors.com.au/companies/news/169226/biotech-capital-ltd-establishes-trans-pacific-business-alliance-169226.html Mon, 21 Nov 2016 12:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/169226/biotech-capital-ltd-establishes-trans-pacific-business-alliance-169226.html VinaCapital: Unlocking Vietnam for western investors http://www.proactiveinvestors.com.au/companies/news/129171/vinacapital-unlocking-vietnam-for-western-investors-129171.html Wed, 10 Aug 2016 00:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/129171/vinacapital-unlocking-vietnam-for-western-investors-129171.html Aberdeen Asset Management reports large outflows following Brexit http://www.proactiveinvestors.com.au/companies/news/128553/aberdeen-asset-management-reports-large-outflows-following-brexit-128553.html Mon, 25 Jul 2016 19:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/128553/aberdeen-asset-management-reports-large-outflows-following-brexit-128553.html Falcon Acquisitions shares suspended as it unveils potential reverse-takeover http://www.proactiveinvestors.com.au/companies/news/128567/falcon-acquisitions-shares-suspended-as-it-unveils-potential-reverse-takeover-128567.html Mon, 25 Jul 2016 18:13:00 +1000 http://www.proactiveinvestors.com.au/companies/news/128567/falcon-acquisitions-shares-suspended-as-it-unveils-potential-reverse-takeover-128567.html Falcon Acquisitions raises £163,000 for deal making http://www.proactiveinvestors.com.au/companies/news/127191/falcon-acquisitions-raises-163000-for-deal-making-127191.html Thu, 16 Jun 2016 17:01:00 +1000 http://www.proactiveinvestors.com.au/companies/news/127191/falcon-acquisitions-raises-163000-for-deal-making-127191.html Vinaland disposes Vietnam land parcel for US$16.2 million http://www.proactiveinvestors.com.au/companies/news/126703/vinaland-disposes-vietnam-land-parcel-for-us162-million-126703.html Fri, 03 Jun 2016 16:35:00 +1000 http://www.proactiveinvestors.com.au/companies/news/126703/vinaland-disposes-vietnam-land-parcel-for-us162-million-126703.html Shire Foods helps Volvere lift 2015 profits http://www.proactiveinvestors.com.au/companies/news/126481/shire-foods-helps-volvere-lift-2015-profits-126481.html Fri, 27 May 2016 18:13:00 +1000 http://www.proactiveinvestors.com.au/companies/news/126481/shire-foods-helps-volvere-lift-2015-profits-126481.html VinaCapital set for cash boost after Danang golf project sale http://www.proactiveinvestors.com.au/companies/news/126180/vinacapital-set-for-cash-boost-after-danang-golf-project-sale-126180.html Fri, 20 May 2016 16:25:00 +1000 http://www.proactiveinvestors.com.au/companies/news/126180/vinacapital-set-for-cash-boost-after-danang-golf-project-sale-126180.html VinaCapital sells its stake in Century 21's Ho Chi Minh City project http://www.proactiveinvestors.com.au/companies/news/125875/vinacapital-sells-its-stake-in-century-21-s-ho-chi-minh-city-project-125875.html Thu, 12 May 2016 23:41:00 +1000 http://www.proactiveinvestors.com.au/companies/news/125875/vinacapital-sells-its-stake-in-century-21-s-ho-chi-minh-city-project-125875.html Falcon Acqusitions on hunt for first deal http://www.proactiveinvestors.com.au/companies/news/125288/falcon-acqusitions-on-hunt-for-first-deal-125288.html Wed, 27 Apr 2016 18:09:00 +1000 http://www.proactiveinvestors.com.au/companies/news/125288/falcon-acqusitions-on-hunt-for-first-deal-125288.html Falcon Acquisitions Ltd nudges higher as it brings in £2mln http://www.proactiveinvestors.com.au/companies/news/125097/falcon-acquisitions-ltd-nudges-higher-as-it-brings-in-2mln-125097.html Fri, 22 Apr 2016 00:44:00 +1000 http://www.proactiveinvestors.com.au/companies/news/125097/falcon-acquisitions-ltd-nudges-higher-as-it-brings-in-2mln-125097.html Biotech Capital Ltd acquires Sydney-based medical advisory firm http://www.proactiveinvestors.com.au/companies/news/150459/biotech-capital-ltd-acquires-sydney-based-medical-advisory-firm-67850.html Pooled development fund Biotech Capital Ltd (ASX:BTC) has acquired Sydney-based advisory firm Biointelect Pty Ltd.

Biotech Capital makes active investments in life science businesses and late-stage product development opportunities that need access to development capital.

Biointelect is a Sydney-based advisory firm providing development and commercialisation services for local and international companies in the biotechnology, medical device and pharmaceutical industry.

This includes clinical, regulatory, market evaluation, reimbursement strategies and partnering advice.

Biointelect was established in 2011 by Jennifer Herz, with Karl Herz subsequently joining the company.

As consideration for the acquisition, Biotech Capital has agreed to issue 10 million fully paid ordinary shares to a related party of Jennifer Herz for $1.3 million.

Jennifer Herz and Karl Herz have each entered into ongoing employment agreements with Biotech Capital which includes an option to acquire shares.

Jennifer Herz will continue to lead the Biointelect business.

Biointelect employs a number of senior consultants and is presently expanding its client base, international network and range of services.

Biointelect is understood to be profitable.


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Mon, 04 Apr 2016 14:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/150459/biotech-capital-ltd-acquires-sydney-based-medical-advisory-firm-67850.html
Blue Star Capital edges lower on dip into red http://www.proactiveinvestors.com.au/companies/news/123312/blue-star-capital-edges-lower-on-dip-into-red-123312.html Fri, 04 Mar 2016 22:40:00 +1100 http://www.proactiveinvestors.com.au/companies/news/123312/blue-star-capital-edges-lower-on-dip-into-red-123312.html iAnthus Capital on hand as cannabis farming goes legit http://www.proactiveinvestors.com.au/companies/news/122717/ianthus-capital-on-hand-as-cannabis-farming-goes-legit-122717.html Fri, 19 Feb 2016 05:51:00 +1100 http://www.proactiveinvestors.com.au/companies/news/122717/ianthus-capital-on-hand-as-cannabis-farming-goes-legit-122717.html Soaring Falcon Acquisitions ready to go OTT http://www.proactiveinvestors.com.au/companies/news/122254/soaring-falcon-acquisitions-ready-to-go-ott-122254.html Mon, 08 Feb 2016 19:04:00 +1100 http://www.proactiveinvestors.com.au/companies/news/122254/soaring-falcon-acquisitions-ready-to-go-ott-122254.html VinaCapital Vietnam hails trade pact agreement http://www.proactiveinvestors.com.au/companies/news/115213/vinacapital-vietnam-hails-trade-pact-agreement-115213.html Thu, 08 Oct 2015 01:38:00 +1100 http://www.proactiveinvestors.com.au/companies/news/115213/vinacapital-vietnam-hails-trade-pact-agreement-115213.html Tag Pacific to build solar plant for Rio Tinto bauxite project http://www.proactiveinvestors.com.au/companies/news/162742/tag-pacific-to-build-solar-plant-for-rio-tinto-bauxite-project-57303.html Tag Pacific (ASX:TAG) should trade higher after signing a contract withn First Solar, Inc., a global photovoltaic systems provider, to construct a solar power plant for Rio Tinto (ASX:RIO) Alcan’s Weipa bauxite mine in North Queensland.

The Weipa project involves the construction of a 1.7 megawatt solar farm at a cost of $4 million. A possible second stage, worth $17 million, is planned by First Solar but is not included in this contract.

The solar project will be the first of its size in Australia for a remote mining site.

Construction will commence immediately scheduled to be completed in the first half of 2015.

Tag's MPower business provides power systems for critical applications, and the Weipa project demonstrates its capability to integrate renewable energy into remote off-grid power stations.

Tag’s involvement comes after it acquired certain assets of Ingenero Pty Ltd, an Australian solar power company that was placed into receivership in July.

The assets included an experienced project team, with the capability to win and manage large-scale solar projects such as Weipa, and intellectual property.

By picking up this construction role, Tag has cemented an important first step in the delivery of large-scale solar power projects for the mining sector, and developing a meaningful revenue stream in this area.

Tag has invested in a diverse range of companies and activities that have been brought together primarily to operate under the banner of MPower.

Revenues for the most recent financial year were $54.3 million, and the company is capitalised at around $11 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.

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Tue, 02 Sep 2014 17:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/162742/tag-pacific-to-build-solar-plant-for-rio-tinto-bauxite-project-57303.html
Biotech Capital shares double in a week http://www.proactiveinvestors.com.au/companies/news/150458/biotech-capital-shares-double-in-a-week-56784.html Biotech Capital (ASX:BTC) shares have jumped to as high as $0.063 so far this month, from just $0.026 on the last day of July.

Shares in the company are currently trading at $0.055 and a market cap of around $4 million.

Interest in the stock has been climbing since Domenic Carosa, a high profile technology investor, took a position in March.

Then on the 1st August, BTC appointed Dr Richard Treagus as its chairman.

Dr Treagus is a physician and entrepreneur, with over 20 years’ experience in the international pharmaceutical and biotechnology industry.

Richard served as Chief Executive of Acrux (ASX: ACR) until 2012, and is currently a director of QRxPharma (ASX: QRX), and Executive Chairman of Neuren Pharmaceuticals (ASX Code:NEU).



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, 07 Aug 2014 17:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/150458/biotech-capital-shares-double-in-a-week-56784.html
Transol Corporation starts drilling to test for iron oxide copper-gold in the Northern Territory http://www.proactiveinvestors.com.au/companies/news/163132/transol-corporation-starts-drilling-to-test-for-iron-oxide-copper-gold-in-the-northern-territory-45558.html Transol Corporation (ASX: TNC) has started a 2,000 metre reverse circulation drilling program that will test the potential of the Southern Cross Bore project in the Northern Territory to host large-scale iron oxide copper-gold.

Drilling has commenced at the Black Angus Prospect, an extensive zone of IOCG gold-copper mineralisation defined over a strike length of 950 metres and averaging up to 200 metres in width.

Black Angus is located about 1.5 kilometres north of the Johnnies Reward Prospect

The drilling program will also test the Wagyu and Brahman prospects.

Transol noted the drilling contractor Australian Mineral and Waterwell Drilling has agreed to accept payment for 30% of drilling costs in Transol shares at a 20% premium.

This reflects the confidence in the project’s potential and allows Transol to conserve its cash reserves.

Separately, Transol has recently received shareholder approval to change its name to Arunta Resources to reflect its focus on the Arunta mineral province. This name change is expected to become effective in late July/early August.

 

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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Mon, 15 Jul 2013 13:20:00 +1000 http://www.proactiveinvestors.com.au/companies/news/163132/transol-corporation-starts-drilling-to-test-for-iron-oxide-copper-gold-in-the-northern-territory-45558.html
Transol Corporation to start drilling for gold-copper in the Northern Territory http://www.proactiveinvestors.com.au/companies/news/163131/transol-corporation-to-start-drilling-for-gold-copper-in-the-northern-territory-44880.html Transol Corporation (ASX: TNC) is poised to start reverse circulation drilling at its flagship Southern Cross Bore gold-copper project in the Northern Territory after soil sampling confirmed a continuous gold anomaly.

The recently completed infill and extensional soil program at the Black Angus and Wagyu Prospects confirmed the presence of a very large, strong and continuous gold-in-soil anomaly at Black Angus that extends over a strike length of 950 metres and averaging up to 200 metres wide.

Transol’s upcoming drilling will provide a more definitive test of the broader Southern Cross Bore Project area, which has the potential to host a large-scale iron oxide copper-gold (IOCG) mineralised system with multiple centres of mineralisation.   

It will be followed by a program of diamond drilling at Johnnies Reward designed to extend the known mineralisation down-plunge and along strike, laying the foundations for a maiden JORC Mineral Resource.   

The Southern Cross Bore Project is located within the Arunta mineral province where recent exploration targeting IOCG and SEDEX-style mineralisation has yielded exciting discoveries including results released recently by Kidman Resources (ASX: KDR) from its Home of Bullion Prospect.

 

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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Wed, 26 Jun 2013 15:20:00 +1000 http://www.proactiveinvestors.com.au/companies/news/163131/transol-corporation-to-start-drilling-for-gold-copper-in-the-northern-territory-44880.html
Transol Corporation divests techonology assets http://www.proactiveinvestors.com.au/companies/news/163130/transol-corporation-divests-techonology-assets-41381.html Transol Corporation (ASX:TNC) has entered into a share sale agreement to dispose of its technology assets including CLTNet, CLTNet NZ, and QL(Aust) Pty Ltd.

The sale also includes any intellectual property relating to the CLT computerised theory testing systems and websites.

As part of the agreement, Transol will receive an annual licence fee of NZ$75,000 per annum from the New Zealand Transport Authority for the next two years, with possible extension for a further two years and a 10% of gross profit made from the sale of the practice tests.

It will also receive up to A$574,500 upon the purchaser realising value in the quick link business in an event such as an asset or share equity disposal.

The sale of its technology assets will enable it to focus on its gold-copper projects in the Northern Territory.



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, 28 Mar 2013 12:40:00 +1100 http://www.proactiveinvestors.com.au/companies/news/163130/transol-corporation-divests-techonology-assets-41381.html
Transol Corporation options prospective NT gold-copper project http://www.proactiveinvestors.com.au/companies/news/163129/transol-corporation-options-prospective-nt-gold-copper-project--41273.html Transol Corporation (ASX: TNC) has exercised an option to acquire 100% of the Johnnies Reward Gold-Copper Project in the Northern Territory from unlisted company Davenport Resources.

The company plans to re-commence drilling within weeks at the project to test the down-plunge extensions of the mineralisation and potential high grade gold zones within the garnet-gneiss unit.

Johnnies Reward is located in the same region as Kidman Resources’ (ASX: KDR) Home of Bullion prospect that has returned intercepts of 36 metres at 4.1% copper equivalent including 10 metres at 10.3% copper equipment.

Consideration for the acquisition is the issue of 60 million Transol shares at $0.01 per share to Davenport.

Transol made the decision to acquire the project following recent results from drilling at the project since mid-2012 that included 24 metres at 4.19 grams per tonne (g/t) gold and 0.33% copper, 34 metres at 3.83g/t gold and 0.46% copper, and 22 metres at 1.23g/t gold and 1.21% copper.

The company is focused on growing the iron oxide-copper-gold system (IOCG) with drilling having already confirmed historic results and delivered some new, promising intersections.

In addition to the emerging zone of mineralisation at Johnnies Reward, Transol has identified numerous exploration prospects in close proximity to the known mineralisation.

These include the priority Black Angus anomaly, located 1.5 kilometres to the north of Johnnies Reward.

Aggressive exploration activities are planned during 2013.


Hatches Creek

The acquisition also includes 100% of the historic Hatches Creek tungsten project, located 325 kilometres north east of Alice Springs.

The Hatches Creek Prospect contains the historic Hatches Creek mining field, previously known as the Wolfram Field, where numerous mines exploited quartz veins containing wolframite – a tungsten mineral.

The Hatches Creek mining field produced over 2,800 tonnes of tungsten in the 1930s.

Of particular interest are the Pioneer and Green Diamond groups of old workings.

Previous work by Thor Mining (ASX: THR)  in 2008 returned significant gold assays from the Pioneer workings at the north end of the Wolfram Field, with grades of up to 7.24g/t gold returned from mullock dumps at the Pioneer Mine.

Anomalous gold assays of up to 2.48g/t were also returned from Battery Sands at the mine.

Visible wolfram was noted in many of the quartz rock chip samples with a number of results above 1% tungsten. The average of the 27 samples taken returned 1.16% tungsten and 0.3% bismuth.

At Green Diamond, tungsten mineralisation occurs within narrow quartz veins, up to 1.5 metres thick and extending up to 200 metres in individual lenses, hosting high grade tungsten as wolframite crystals several centimetres in length.

Virtually all veins visited at old prospects and exploration pits had visible wolframite evident. Thirty eight samples were taken returning an average grade of 1.42% tungsten with a maximum of 7.22% tungsten.


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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Tue, 26 Mar 2013 15:10:00 +1100 http://www.proactiveinvestors.com.au/companies/news/163129/transol-corporation-options-prospective-nt-gold-copper-project--41273.html
Tag Pacific gets BHP and Chevron power system contracts http://www.proactiveinvestors.com.au/companies/news/162741/tag-pacific-gets-bhp-and-chevron-power-system-contracts-39387.html Tag Pacific (ASX:TAG) has secured two power system contracts with BHP Billiton and Chevron, taking the value of its significant new projects in the last six months to $29.5 million.

Tag's wholly-owned subsidiary MPower signed the new deals for BHP's Western Australian iron ore mining operations in the Pilbara and for Chevron's Gorgon LNG gas project in the North West Shelf.

The newly singed contracts have a combined value of about $9.5 million.

The first contract is for the design, construction and supply of a black start and emergency power system for the Yarnima power station, which is being developed by the Forge Group for BHP Billiton to support its Pilbara iron ore mines.

The power system will be delivered during this calendar year.

MPower has also dispatched a 20 megawatt temporary power station for Chevron's Gorgon project, with site commissioning expected to commence later this year.

MPower also had two other contracts for Inpex's Ichthys LNG project in Western Australia, with each worth up to $10 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.

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Mon, 11 Feb 2013 14:20:00 +1100 http://www.proactiveinvestors.com.au/companies/news/162741/tag-pacific-gets-bhp-and-chevron-power-system-contracts-39387.html
Transol Corporation intersects copper-gold in the Northern Territory http://www.proactiveinvestors.com.au/companies/news/163128/transol-corporation-intersects-copper-gold-in-the-northern-territory-38886.html Transol Corporation (ASX: TNC) has intersected copper-gold mineralisation in all seven holes that reached target depth at the Johnnies Reward Prospect in its December 2012 drilling program.

Results included 22 metres at 1.23 grams per tonne (g/t) gold and 1.21% copper from 117 metres and 16 metres at 2.01g/t gold and 0.15% copper from 120 metres.

Four of the holes finished in gold mineralisation within the footwall garnet gneiss unit, one of which finished in 12g/t gold at 157 metres downhole.

The drilling has confirmed a continuous zone of mineralisation over a strike length of 200 metres north of the Johnnies Reward gossan and extending from near surface down to 250 metres down-plunge.

It also indicates that mineralisation at Johnnies Reward may be more complex and widespread than previously thought, including zones of high grade copper.

Transol plans to carry out further exploration to better understand the broader potential of the mineralised system at Johnnies Reward and to develop a better understanding of the higher grade gold and copper zones.

It also seeks to test regional targets such as the newly discovered Black Angus anomaly, 1.5 kilometres to the north.


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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Wed, 30 Jan 2013 17:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/163128/transol-corporation-intersects-copper-gold-in-the-northern-territory-38886.html
Transol Corporation finds new copper-gold anomaly at Johnnies Reward http://www.proactiveinvestors.com.au/companies/news/163127/transol-corporation-finds-new-copper-gold-anomaly-at-johnnies-reward--38665.html Transol Corporation (ASX: TNC) has uncovered a large anomalous zone of gold-copper mineralisation immediately north of the Johnnies Reward Prospect in the Northern Territory through recent soil sampling.

The Johnnies Reward Prospect forms part of the Johnnies Reward Gold Project, located 75 kilometres northeast of Alice Springs.

Soil sampling has highlighted an anomalous northwest to southeast trending corridor of +50 parts per billion gold and +25 parts per million copper located 1.5 kilometres north of Johnnies Reward.

The new anomaly, dubbed the Black Angus Prospect, is 300 metres long and 180 metres wide and occurs on the eastern edge of the grid with a peak value of 84 parts per billion gold, compared to a background value of <10ppb gold.

Black Angus is open to the southeast and is coincident with a southeast trending fault zone which may be an important transfer structure for migrating mineralised fluids between the Pinnacles line and the Johnnies Reward corridor.

Investigation of the historical database for the project has identified a rock chip of 0.29 grams per tonne (g/t) gold and 194 parts per million copper on the southern edge of this anomaly.

Follow-up rock chip samples have been collected with results pending.


Soil sampling program

During November 2012, a total of 394 2 millimetre soil samples were collected north of the Johnnies

Reward Prospect to extend the original Alcoa soil grid by 2 kilometres to the north.

The sampling program was designed to cover the area of higher magnetic response outlined by a regional magnetic survey.

A single line of sampling, comprising seven samples, was completed over the Johnnies Reward Prospect for orientation and reference.

The Johnnies Reward gold results ranged from 1 part per billion to a peak of 18 parts per billion gold, with an associated copper high of 586 parts per million.

The Black Angus anomaly will now be the focus of additional sampling and mapping prior to reconnaissance drilling later this year.


Phase two drilling complete


A phase two reverse circulation drilling program was completed at the Johnnies Reward Prospect during December.

The drilling was designed to intersect the mineralised zone down-plunge of the phase one drilling completed in July last year which returned significant results including 24 metres at 4.19g/t gold and 0.33% copper from 79 metres and 34 metres at 3.83g/t gold and 0.44% copper from 63 metres.

Assays are expected late January.


New ground


Transol has applied for vacant ground to the east and south of Johnnies Reward. This is a new application (EL 29827) covering 16.6 square kilometres.

The company decided to apply for this ground after completion of ground reconnaissance in late 2012 which identified a major northwest to south tending structure which is co-incident with the Black Angus anomaly.

The Johnnies Reward Project, which was previously known as the Southern Cross Bore Project, is the subject of a joint venture with Sturt Resources.

Transol has acquired an immediate 51% interest in the project through the issue of 60 million shares to Sturt.

Transol and Sturt will fund $350,000 respectively in their proportionate interests (Transol 51% and Sturt 49%) on the planned work program.

Upon completion of the work program, Transol will have the right to acquire Sturt’s interest to move to 100% ownership of the Johnnie’s Reward Project.


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, 24 Jan 2013 13:50:00 +1100 http://www.proactiveinvestors.com.au/companies/news/163127/transol-corporation-finds-new-copper-gold-anomaly-at-johnnies-reward--38665.html
Transol Corporation’s testwork shows high gold recoveries possible from Johnnies Reward http://www.proactiveinvestors.com.au/companies/news/163126/transol-corporations-testwork-shows-high-gold-recoveries-possible-from-johnnies-reward-38292.html Transol Corporation (ASX: TNC) has delivered highly promising results from metallurgical testwork that show gold recoveries of up to 90% from its Johnnies Reward Gold Project in the Northern Territory.

The results confirm that the mineralisation at the project is amenable to processing utilising conventional carbon-in-pulp technologies.

Transol plans to pursue expanded exploration programs at Johnnies Reward in 2013.

Johnnies Reward is a major iron oxide copper gold system containing over 20 square kilometres of high grade copper and gold copper mineralisation.

The project is located 75 kilometres northeast of Alice Springs within the Strangways Metamorphic Complex of the Proterozoic Arunta Block and has a 50 year history of small scale copper mining and sporadic periods of exploration.

Significant gold mineralisation was identified by Alcoa during a six hole diamond drilling program in 1984 which targeted mineralisation extending below the Johnnies Reward gossan containing anomalous values of gold and copper.

Drilling by Transol has since confirmed high grade gold mineralisation extending for 200 metres down plunge from surface.

The Johnnies Reward Project, which was previously known as the Southern Cross Bore Project, is the subject of a joint venture with Sturt Resources.

Transol has acquired an immediate 51% interest in the project through the issue of 60 million shares to Sturt.

Transol and Sturt will fund $350,000 respectively in their proportionate interests (Transol 51% and Sturt 49%) on the planned work program.

Upon completion of the work program, Transol will have the right to acquire Sturt’s interest to move to 100% ownership of the Johnnie’s Reward Project.


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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Wed, 16 Jan 2013 16:20:00 +1100 http://www.proactiveinvestors.com.au/companies/news/163126/transol-corporations-testwork-shows-high-gold-recoveries-possible-from-johnnies-reward-38292.html
Transol Corporation starts gold drilling in the Northern Territory http://www.proactiveinvestors.com.au/companies/news/163125/transol-corporation-starts-gold-drilling-in-the-northern-territory-36903.html Transol Corporation (ASX: TNC) has started a reverse circulation drilling program at its emerging Johnnies Reward gold discovery to test for down-plunge extensions of the mineralised zones.

This consists of eight holes totalling 1,400 metres that will also provide an indication of the size and potential of the mineralisation at the Johnnies Reward prospect, located 75 kilometres northeast of Alice Springs, Northern Territory.

Phase 1 drilling at Johnnies Reward had returned a number of significant results including 24 metres at 4.19 grams per tonne (g/t) gold and 0.33% copper from 79 metres and 34 metres at 3.83g/t gold and 0.44% copper from 63 metres.

It delineated a mineralised zone which extends at least 200 metres down-plunge from surface and remains open in all directions.

This had also confirmed historic results from drilling by Alcoa in 1984, confirming the presence of a large, plunging skarn system with the potential to host a significant tonnage of mineralisation. Geophysics indicates that the system extends to over 500m vertical depth.

The current program is expected to be completed by mid-December with assays expected in January 2013 due to the impending festive season.

Final results from metallurgical test work on composite samples of material from Johnnies Reward are expected before Christmas, as well as from soil sampling programs over northern extensions of the Johnnies Reward prospect and a western magnetic anomaly, named Johnnies Revenge.

 

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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Wed, 05 Dec 2012 16:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/163125/transol-corporation-starts-gold-drilling-in-the-northern-territory-36903.html
Transol Corporation drills for gold near Alice Springs http://www.proactiveinvestors.com.au/companies/news/163124/transol-corporation-drills-for-gold-near-alice-springs-35840.html Transol Corporation (ASX: TNC) is set to commence a new drilling campaign at the Johnnies Reward Gold Project, located 75 kilometres north-east of Alice Springs in the Northern Territory.

The drilling follows on from an extensive soil sampling program which included nearly 400 samples being collected over the northern extensions of the Johnnies Reward prospect trend.

Transol plans to drill eight reverse circulation holes covering 1400 metres, which follows up recent drilling results which included the highlight of; 24 metres at 4.19g/t gold and 0.33% copper from 79 metres, and 34 metres at 3.83g/t gold and 0.44% copper from 63 metres.

Drilling will test down-plunge extensions of the existing mineralisation at Johnnies Reward, while soil sampling will test magnetic anomalies to provide potential follow-up drill targets.


Exploration programs underway


Along with the new reverse circulation program, Transol has other exploration activities which include metallurgy, mineralogy and soil sampling - which are either planned or underway.

In September 2012, four 5 kilogram metallurgical and mineralogical samples were collected from the bulk samples remaining at the Johnnies Reward drill site and forwarded to AMMTEC in Perth for analysis and metallurgical test work.


Transol secures right to acquire 100% of Johnnies Reward

Recently Transcol secured the right to acquire 100% of the Johnnies Reward Prospect under a proposed variation of the terms of its existing joint venture.

Transol entered into a variation of the current joint venture agreement with Sturt Resources for the Southern Cross Bore Project, now referred to as the Johnnie’s Reward Project, giving it the right to acquire 100% of the project.

The current interests in the joint venture are Transol 51% and Sturt 49%.

Transol has the option to issue a further 60 million shares to acquire 100% of Southern Cross Bore Project plus 100% of Hatches Creek Project

The Hatches Creek Project is located 325 kilometres northeast of Alice Springs and 160 kilometres southeast of Tennant Creek. Historical production of tungsten, gold and copper.

 

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Wed, 14 Nov 2012 10:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/163124/transol-corporation-drills-for-gold-near-alice-springs-35840.html
iAnthus targeting educated investor community in Canada http://www.proactiveinvestors.com.au/companies/stocktube/5924 iAnthus Capital (CNSX:IAN), listing today on the CSE, is no ordinary investment company. It intends to provide financing and management services to US-licensed cannabis cultivators and, as chief executive officer Hadley Ford explains, it specifically chose Canada as a country in which to list because it is unique among capital markets in its understanding of iAnthus’s model.
“You go where the money is,” Ford states. On the subject of money, Wall Street “is on the sideline” when it comes to investing in cannabis cultivators, so iAnthus will offer the retail investor to get his or her foot in the door ahead of the fund managers.

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Thu, 08 Sep 2016 00:43:00 +1000 http://www.proactiveinvestors.com.au/companies/stocktube/5924