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TopTung becomes Chase Mining Corporation Limited to better reflect new direction

The company is focused on the battery metals of nickel, copper, cobalt and PGE as well as gold in Canada.
ASX price board and Australian flag
Chase Mining will also have a new ticker – ASX:CML

TopTung Ltd (ASX:TTW) has changed its name to Chase Mining Corporation Limited to better reflect its new strategic direction focusing on battery metals as well as gold in Canada.

The company will also have a new ASX code – ASX:CML - with the changes to take effect with the ASX on Monday, January 14, 2019.

Change approved by shareholders

Approval for the name change was granted by shareholders at a general meeting on January 9, 2019.

The company has also received a new Certificate of Registration from the Australian Securities and Investments Commission.

These changes also involve a new website - www.chasemining.com.au – which will be live by Friday, January 18, 2019.

READ: TopTung to explore gold, nickel-copper potential at Lorraine project in Canada

This week the company announced plans to begin exploration over its Lorraine project in Quebec, Canada, including EM surveys followed by drilling targeting nickel-copper massive sulphides and gold mineralisation.

In addition to the exploration, Chase will assess the status of the Lorraine mine shaft and make enquiries regarding permitting requirements for dewatering and underground drilling.

Consultants Orix Geoscience and Core Geophysics have over the last few months been acquiring historical data for the Lorraine tenements which comprise 90 claims covering about 46 square kilometres.

The data has provided further information on the Lorraine copper-nickel-PGE (platinum group elements) mine with over 30 mine plans detailing historical mining (1964-68).

READ: TopTung’s models will help plan further exploration at ADZ project in Canada

Also, earlier this week Chase said that it would utilise new sectional and plan views as well as a wireframe model to help plan further exploration at Alotta prospect of the Alotta-Delphi-Zullo (ADZ) project in Quebec.

The plans and models were prepared by Orix based on results of the company’s first drilling of the nickel, copper, PGE, cobalt and silver prospect.

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Chase Mining Corporation Ltd Timeline

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