Member Info for BigEvi

CBE up 68% in Oz overnight :)

Up 27.27% in Oz last night - looking good

25 May 2022
W Resources Plc
("W" or the "Company")

Delisting from AIM

W Resources Plc (AIM:WRES), the tungsten, tin and gold mining and exploration company with assets in Spain and Portugal, announces the delisting of the Company's ordinary shares from trading on AIM.

Trading in the Company's shares was suspended on 5 April 2022 as a result of the impact of the uncertainties caused by the extremely high liquid natural gas prices that placed an excessive cost burden on the La Parrilla mine in Spain with the further impact of the ongoing truck drivers dispute which caused a shortage of critical spare parts. Subsequently, on 25 April 2022, the Company announced that Grant Thornton UK LLP had resigned as its nominated adviser with immediate effect.

Pursuant to AIM Rule 1 of the AIM Rules for Companies, if within one month of an AIM company ceasing to have a nominated adviser and the AIM Company has not appointed a replacement nominated adviser, the admission of its AIM securities to trading on AIM will be cancelled. In the case of trading in the Company's shares, the one-month period since resignation of Grant Thornton UK LLP will end at 7.00am on 26 May 2022, when cancellation of admission of the Company's securities will occur.

Future intention to seek a relisting
The Company intends to continue operating as a tungsten, tin and gold exploration, development and production company and hopes to seek a relisting on a Stock Exchange should circumstances allow and when appropriate. The Company will update shareholders as and when it is appropriate to do so.

Alternative trading platform
Further to the announcement on 23 May 2022, the Company confirms that it intends to admit its ordinary shares onto a share dealing platform and is towards the end of this process. Further information will be made available on the https://wresources.com/investors/shareholder-information/ page on the W Resources website in the coming weeks, in addition to a Q&A on the process.

Defence budgets will explode upwards - driving commodities heavily used in defence (#tungsten #Rhenium #molybedenum #titanium) to dizzying price levels

Finance Update

W Resources Plc (AIM:WRES), the tungsten, tin and gold mining company with assets in Spain and Portugal, announces that discussions regarding the recently announced fund raise, which is expected to be in the form of debt, are progressing well with the documentation being finalised and the Company expects to announce details of the successful fund raise in the next few days.

W Resources Plc (AIM:WRES), the tungsten, tin and gold mining company with assets in Spain and Portugal, is pleased to provide an update on the fund raise referred to in its announcement of 15 February 2022. The Company announces that discussions regarding the fund raise, which is expected to be in the form of debt are at a very advanced stage and the Company expects to complete the fund raise early next week. Further announcements will follow as appropriate.

James Nieuwenhuys, CEO and Managing Director of Eurasia commented: "Having worked for many years in Russia including 5 years as COO at Polyus, I got to know Russia well. My fellow Directors and I are calm and expect a peaceful resolution of the geopolitical tensions. We are grateful to the Russian people, hard working women and men including Eurasia's team on the ground that forms the backbone of our success producing the world's cleanest PGM ounces for the growing hydrogen economy making us ESG friendly across the whole value chain. We are looking forward to completing the split of our nickel, PGM and hydrogen projects into separate subsidiary companies that allows us to execute on our strategy as previously announced".

Having monitored the Australian chat rooms/ forums/press etc I am convinced that they have no idea how big Havieron is. There is hardly any comment ( apart from uk posters) on the 6 weekly drills and I am sure they will be shocked at future resource upgrades etc when they happen. For now Havieron is flying under the radar :- but not for much longer :)

Looks like it’s already approved

https://eplanning.blm.gov/public_projects/2016821/200504677/20051754/250057937/Emerald%20House%20Decision.pdf

Just waiting for RNS

Should be interesting today to see what interest ARV has generated in the UK - good luck everyone :)

Tue, 1st Feb 2022 10:07



1 February 2022

Metal Tiger plc

(“Metal Tiger” or the “Company”)

Director Dealing

Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resources opportunities, announces that, on 31 January 2022, the Company’s Chief Executive Officer, Michael McNeilly, purchased, in aggregate, 40,000 ordinary shares of 0.1 pence each in the capital of the Company (“Ordinary Shares”) on market at an average price of 20 pence per share, for a total consideration of £8,000.

Following these purchases, Michael McNeilly is interested in 850,000 Ordinary Shares, representing 0.5% of the Company’s issued share capital.

Director Dealing

Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resources opportunities, announces that, on 28 January 2022, the Company’s Chief Executive Officer, Michael McNeilly, purchased, in aggregate, 20,000 ordinary shares of 0.1 pence each in the capital of the Company (“Ordinary Shares”) on market at an average price of 18.50 pence per share, for a total consideration of £3,735.

Following these purchases, Michael McNeilly is interested in 810,000 Ordinary Shares, representing 0.48% of the Company’s issued share capital.

Continues to climb on increased demand

Iron Ore 143.50 5.90%

I wonder what the price of the placing will be - should hear something soon

THE PLACING

The Company intends to raise up to £5 million by means of the Placing. WH Ireland is acting as Sole Bookrunner and Nominated Adviser in relation to the Placing and Admission and the net proceeds of the Placing will be primarily applied for the development of the Group's Carlow Castle project and Paterson Central project as well as working capital. It is intended that the Placing will be conducted by way of an accelerated bookbuild process (the "Bookbuild"). A further announcement confirming the opening of the Bookbuild including the terms and conditions applicable to the Placing is expected to be made in due course.

Sandfire Shareholding Update


Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resources opportunities, announces that, further to its announcement of 14 December 2021, it has disposed of, in aggregate, 185,000 shares in Sandfire Resources Limited ("Sandfire") ("Sandfire Shares") at an average price of A$6.57 per Sandfire share.


Following these disposals, Metal Tiger is interested in 7,812,057 Sandfire Shares representing approximately 1.9% of Sandfire's issued share capital. As previously announced, 2,842,667 of the Sandfire Shares held by the Company are subject to an equity derivative financing arrangement with a global investment bank.

Just picked up 100k & 150k under 4p - let’s see how things go :)

Completion of a placement of 13,888,889 ordinary shares of 0.1p per share ("Ordinary Shares") at 6p per Ordinary Share with offtake partner, ICD Alloys & Metals LLC ("ICD")

The Placing is at a 26.3% premium to the Company's share price as at 31 December 2021.

Final Results from 2021 Exploration Programme at Juri Joint Venture

Results show broad intersections and continuity of mineralisation at Black Hills

New Conductors defined in ground electromagnetic surveys

Greatland Gold plc (AIM:GGP), a mining development and exploration company with a focus on precious and base metals, is pleased to announce the remaining set of drill results from the initial 2021 drill programme at its Juri Joint Venture ("Juri JV") with partner Newcrest Mining Limited ("Newcrest"). Results have been received for the remaining five holes in addition to the first four holes previously announced on 1 September 2021, along with the results of the Ground Electro-Magnetic ("GEM") survey.

Highlights

§ All assay results have been received for the first phase of Juri JV drilling programme on the Paterson Range East and Black Hills tenements (which form the Juri JV with Newcrest)
§ Mineralisation found at Black Hills hole BHD003:
§ 7.9m @ 0.16g/t Au from 157m (incl. 1m @ 51ppm As)
§ 6m @ 0.14g/t Au from 178m
§ 7.85m @ 0.18g/t Au from 191.15m (incl. 0.9m @ 24ppm Bi; 4.9m @ 26ppm As)
§ 7.3m @ 0.13g/t Au from 208m
§ GEM survey completed identifying several promising EM conductor targets for 2022 drilling programme
§ Drilling in BHD003 intersected a 60m thick anomalous zone of weak to moderate Cu - Au mineralisation, correlating with zones drilled historically by Greatland in 2019. Anomalous Bi-As multi element chemistry is strongly associated with the higher grade Au intersections
§ Greatland to continue in the role of Manager for the Juri JV beyond 31 December 2021

The first phase of drilling at Juri comprised nine holes for 4,958m testing six targets including five holes at the Goliath, Outamind and Los Diablos targets on the Paterson Range East licence and four holes at the Parlay, Saddle Reefs & Saddle South targets on the Black Hills licence.



Shaun Day, Chief Executive Officer of Greatland Gold plc, commented: "We are delighted with the full set of results from the maiden drilling campaign under our Juri JV with Newcrest. Gold mineralisation has been intercepted from eight of the nine holes tested from this campaign which is an excellent strike rate.

"These results, together with identifying several new conductor targets from the ground EM programme, increases our confidence regarding the prospectivity of the Juri JV assets and furthers our understanding of the geology of the targets on the JV ground.

"With Newcrest moving to Stage 2 funding of the Juri JV programme and Greatland continuing in the role as Manager, we are well positioned to integrate the new data into our models, refine our Juri JV targets and capitalise on this opportunity in 2022, delivering the potential to increase value for our shareholders."

In addition to this release, a PDF version of this report with supplementary information can be found at the Company's website: www.greatlandgold.com/media/jorc/

16 December 2021


Eurasia Mining Plc

Tier-1 scale JORC MRE at NKT ex-operating Ni mine

Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company, is pleased to announce a tier-1 scale JORC Mineral Resource Estimate ("MRE") by Wardell Armstrong International ("WAI") at Nittis-Kumuzhya-Travyanaya ("NKT") nickel dominant nickel-copper-PGM mine formerly operated by Norilsk Nickel. NKT is located within the license area held by TGK, Eurasia's 80% owned subsidiary in Kola, immediately to the north of the TGK-owned West Nittis open pit deposit already licenced for mining, where the mining plan has now been developed for the life of mine.

Highlights:

· Tier-1 scale: 305Kt of Nickel, 143Kt of Copper, 57 tons of PGM and Gold (11.2Moz of Platinum equivalent) have been estimated by WAI as JORC-compliant resources for an underground mining operation.

· Nickel is the main metal comprising half of the value in the metal basket on a Net Smelter Royalty ("NSR") basis.

· Although significantly lower metal recoveries have conservatively been assumed for the MRE by WAI, the JORC-compliant Nickel resource has exceeded the Nickel resource registered in the Russian State Cadastre of Mines for NKT (please refer to RNS dated 4 December 2019). Metal recoveries remain a significant upside for the next NKT MRE update.

· About 2/3 of the resources have been defined as reserves under Russian classification by Norilsk Nickel, however the drill core and the trenches have only been analysed for the base metals (Nickel and Copper) and have not been analysed for platinum group metals ("PGM") thus limiting the classification to inferred under the JORC Code due to the application of regression formulas for PGM. Once all the PGM assays have been completed, this data will be used for re-estimation and re-classification providing additional upside for the next NKT MRE update.

· In order to further upgrade the resource Eurasia has engaged with SGS and Alex Stewart International for primary and secondary controls of the PGM assays on the historical drill core and the trenches by Severonickel / Norilsk Nickel as well as on the additional confirmatory drilling just done by Eurasia on NKT.

· The NKT nickel-copper-PGM ore used to be mined and shipped about 1 km distance to Severonickel, the world's largest nickel processing plant. Thus, the NKT area is well served with the infrastructure required for the relaunch of mining and processing and the tailings are planned to be used as backfill to the old NKT mine developed in the past following the best practices in ESG and saving on the tailing storage facility ("TSF") capital expenditure.

· The Competent Person's Report ("CPR") has been prepared by WAI covering the open pit part of the NKT as well as the underground part of the NKT.

· Multiple options for the relaunch have been considered and seve

06 December 2021


Katoro Gold plc ('Katoro' or the 'Company')

Update on Listing and IPO of Blyvoor Joint Venture

Katoro Gold plc (AIM: KAT), the AIM listed gold and nickel exploration and development company, announces that Target Mine Consulting ("Target" / "Counterpart") failed to deliver all the required documentation to satisfy the last condition precedent as referenced in the Company's RNS of 02 December 2021. As a result, the Acquisition Agreement between the Company and Target, announced in RNS of 27 October 2021, did not become unconditional by 17h00 on 02 December 2021. The Company is at the moment considering its position and options in this matter and will update the market accordingly as soon as a decision has been taken on an appropriate course of action.