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Share Price: 0.25

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IN BRIEF: Castillo Copper Considers Divestment For Broken Hill Project

Tue, 19th Jan 2021 20:00

Castillo Copper Ltd - Australia and Zambia focused base metal explorer - Says that following a strategic review of its non-copper focused projects, the board has decided it will consider divestment opportunities for its prime Broken Hill Alliance project in New South Wales, Australia. Says board is currently meeting with its UK corporate advisor, SI Capital, on the best way to move this action forward in a timely manner.

"The BHA project is an excellent asset as it comprises a substantial prospective footprint surrounding the world-famous Broken Hill silver-zinc-lead mine. The board has considered the most effective way to deliver value for shareholders and we are confident that our intent to spin this asset out into a new vehicle will be well received and supported by UK investors," says Director Ged Hall.

Current stock price: 4.0 pence

Year-to-date change: up 95%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

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11 Nov 2022 19:56

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7 Nov 2022 20:58

IN BRIEF: Castillo Copper gets solid results from test work at BHA

Castillo Copper Ltd - Perth, Australia-based exploration company focused on copper across Australia and Zambia - Says its inaugural cobalt-focused drilling campaign in Australia at the BHA project started. Adds that metallurgical test-work delivered "solid" beneficiation results for cobalt-copper-gold. Says that its main focus remained on developing the cobalt potential at the east zone of the Cobalt project recently.

24 Oct 2022 14:14

IN BRIEF: Castillo Copper hails promising results at Fence Gossan

Castillo Copper Ltd - Perth, Australia-based exploration company focused on copper across Australia and Zambia - Updates on drilling results at Fence Gossan Prospect within the BHA project's East Zone. Says positive initial observations are comparable to Tors Tank Prospect. "Subject to confirmation from final assay results, the geology team believe there is potential for cobalt, copper-gold and rare earth elements mineralisation," Castillo says.

13 Oct 2022 17:55

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12 Oct 2022 21:46

TRADING UPDATES: Coral Products buys Ecodeck; Evgen Pharma recruits

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

3 Oct 2022 21:46

TRADING UPDATES: Public Policy buys KP; Plus500 enters partnership

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

3 Oct 2022 14:38

EARNINGS UPDATES: Codex bets on renewables; UK Commercial hails growth

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday, or in the case of UK Commercial Property REIT Ltd last Friday, and not separately reported by Alliance News:

31 Aug 2022 21:41

TRADING UPDATES: ImmuPharma waits on FDA; IDE Group waits on audit

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

9 Aug 2022 15:11

Castillo Copper finalises targets for drilling campaign at BHA Project

(Alliance News) - Castillo Copper Ltd on Tuesday announced it has finalised its targets for its upcoming drilling campaign at the BHA Project's East Zone, located near Broken Hill in New South Wales.

2 Aug 2022 18:20

IN BRIEF: Castillo results deliver solid upgrades at Broken Hill

Castillo Copper Ltd - Perth, Australia-based exploration company focused on copper across Australia and Zambia - Says several rounds of preliminary metallurgical test-work on BH1 drill holes at The Sisters Prospect, near Broken Hill, within its BHA project in Australia produced excellent results for cobalt-copper-gold.

22 Jul 2022 12:22

Castillo Copper hails standout cobalt intercepts at BHA project

(Alliance News) - Castillo Copper on Friday reported several "standout" intercepts of cobalt at the East Zone of its BHA project.

19 Jul 2022 20:01

TRADING UPDATES: Capital backs outlook; Northcoders trades well

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

22 Jun 2022 11:17

IN BRIEF: Castillo Copper grants Zambia option to planned AIM listing

Castillo Copper Ltd - Perth, Australia-based exploration company focused on copper across Australia and Zambia - Grants London-based Hyperion Copper Ltd a 12-month option to acquire 100%-owned subsidiary Zed Copper for GBP3.8 million. Zed Copper owns four projects in Zambia's copper-belt, including the Luanshya and Mkushi projects. Hyperion will pay a non-refundable fee of USD100,000 for the exclusive option, and if it chooses to exercise, will issue shares worth GBP2.5 million to acquire 100% of Zed Copper's share capital. Castillo will a receive further GBP1.5 million in Hyperion shares upon a global mineral resource estimate which delinates 200,000 tonnes of contained copper metal.

7 Jun 2022 21:15

IN BRIEF: Castillo Copper plans drilling programmes at BHA project

Castillo Copper Ltd - Perth, Australia-based exploration company focused on copper across Australia and Zambia - Says its geology team is defining an exploration target at the east zone of the BHA Project following a shallow interred mineral resource estimate at the site. The team is also finalising planning and approvals for two reverse circulation drilling programmes focusing on the east and west zones.

1 Jun 2022 12:23

IN BRIEF: Castillo Copper rises with encouraging mineral estimate

Castillo Copper Ltd - Perth, Australia-based exploration company focused on copper across Australia and Zambia - Receives encouraging results from maiden mineral resource estimate for east zone of Broken Hill cobalt project in New South Wales, Australia. Estimate at 64 million tonnes at 318 parts per million in cobalt for 21,556 tonnes. Plans to extend known cobalt mineralisation with primary targets already factored into a drilling campaign. Intends to open discussions with potential off-take partners keen to lock in future cobalt supply chains.

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IN BRIEF: Castillo Copper Considers Divestment For Broken Hill Project

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