Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Not sure why we are 8% up but he ho onwards and upwards
https://kerasplc.com/
Central to our strategy is our investment rationale:
Autonomy in our operations
Fully integrated mine to market operation at Diamond Creek
Having a positive impact
Producing a product that increases sustainable agricultural production
Compelling economics
High margin, low capex, scalable operations, strong market fundamentals
Responsible mining
Simple operations – openpit, low strip ratio with minimal processing requirements and a low carbon footprint
Focused on driving value and generating cashflow
Optimising the product mix and ramping up sales
Pursue value-accretive opportunities through greenfields development and/or acquisition
jings another small top up from me, been here since 2015 keep feeling the only way is up lol, the latest news seems to be geared around selling our stock from the extended mining season which should provide a good income going forward.
suspect there is a large sale to come out hence the drop in sp, continued support from BOD is convincing enough to hold.
During the period we successfully completed a £1.95m (before expenses) capital raise. This was supported by the
Directors and also saw First Uranium Resources Ltd come in as a cornerstone investor now owning 10% of Keras.
Subsequently associates of First Uranium have acquired an additional 7% of Keras in the market. They share our view
that the North American phosphate market will be a key growth market and we are very pleased to have them on board
as a supportive shareholder. Since taking control of the operation in March 2022 Keras management has now progressed
Falcon Isle into a cashflow positive entity. Although our reserves are low we do not believe that we will need to come
back to the market for funding for our current development plan
Strong exploration results highlight
growth potential of Blue Spec Project
Blue Spec DFS set for completion in coming quarter as part of strategy to
grow total production of Warrawoona Gold Project to 130,000ozpa
HIGHLIGHTS
• Greenfields exploration at the Blue Spec project defines three areas with
elevated gold of up to 326 ppb
• The stream sediment sampling at Blue Spec West is the first modern exploration
done in this area
• The results highlight the prospectivity of the western part of the Blue Spec Fault
Zone, which has received very limited historical exploration and no drilling
• Follow-up soil sampling program being planned to be followed with drilling
Calidus Resources Limited (ASX: CAI) is pleased to announce highly promising results
from a stream sediment sampling program at its Blue Spec gold project, located 75km
from the Company’s Warrawoona Gold Project in WA’s Pilbara.
The results come from Blue Spec West, which is immediately along strike of the high-
grade 219,000oz Blue Spec Project. Calidus is also awaiting assays from Blue Spec East.
Calidus will complete the Definitive Feasibility Study on Blue Spec in the June quarter.
The project has a Resource of 219,000oz at 16.7gpt and is aimed at increasing
production at Warrawoona from ~100,000ozpa to ~130,000ozpa. Warrawoona is set to
pour first gold in May 2022.
Blue Spec was acquired by Calidus in 20211
. Calidus entered into a farm-in agreement
with Gondwana Resources in late 2020, under the terms of which Calidus can earn up
to 75% of the tenement2
.
Hi Smidsy great to see you are still around, I dont post much now only when something worth saying, like you I still think KRS is good foe a turn around D says the BOD are "chippung away in Utah and Togo so here is hoping . CAI is a no brainer for me an D is doing a grand job rock on production.. hope you and yours are well Smidsy iuts been a nasty 2 years. AtB Rob
Calidus on track for first gold pour
Highly successful construction program on
schedule with commissioning underway
Calidus Resources Limited (ASX: CAI) is pleased to advise that commissioning of its 100
percent owned Warrawoona Gold Project in the Pilbara of Western Australia has
commenced.
The outstanding progress made on project construction means crushing and milling
operations are set to start within the next eight weeks with first gold poured
approximately two weeks later.
The project remains on budget.
Calidus Managing Director Dave Reeves said the start of commissioning was a major
milestone for the Company.
“With first gold now forecast to be less than ten weeks away, we are about to make the
pivotal transition from developer to profitable gold producer,” Mr Reeves said.
“This immense achievement is a credit to all employees and contractors, who have
worked tirelessly amid some of the most challenging weather conditions and times our
industry has faced.
Commissioning and operational preparations to date include:
• 9MW diesel backup power station commissioned and electrification of
sections of the project commenced;
• Borefields for process water supply are operational and with filling of the raw
water pond underway;
• Tailings storage facility complete and ready for discharge;
• 4.5 MW SAG Mill fully installed and aligned with mill liners installed ready for
ore. Commissioning of the variable speed drive motor is underway;
• Major structural steel erection and mechanical installation complete;
• Piping and electrical installation nearing completion;
• Majority of operational workforce recruited with a large proportion already
mobilised to site to assist with commission activities;
• 105,000 tonnes of ore on the ROM pad, targeting 200,000 tonnes on
operational startup; and
• First four 777 (100t) trucks and 200t excavator mobilised by Macmahons to
site commencing operations sho
Guys the bad news came out on 5th November with that statement .....Russell Lamming, CEO of Keras Resources, commented, "We continue to believe that the Diamond Creek project is uniquely placed to tap into the growing organic and carbon conscious world in which we live. With our milling plant now installed, c.8,500t of ore in the laydown area and COVID restrictions lessening, we still see significant value for Keras within this business and are committed to its future. This was then followed on the 9th with purchase of a shed load of shares from three directors including Dave Reeves throwing good money in here with no potential would not be good for his reputation either sure his time will be taken up in OZ but hopefully he will give a kick in the pants to those in control at KRS. ATB
ABOUT CALIDUS RESOURCESCalidus Resources is an ASX listed gold company that is developing the1.5Moz Warrawoona Gold Project in the East Pilbara district of Western Australia.DIRECTORS AND MANAGEMENTMr Mark ConnellyNON-EXECUTIVE CHAIRMANMr David ReevesMANAGING DIRECTORMr John CiganekNON-EXECUTIVE DIRECTORMr Keith CoughlanNON-EXECUTIVE DIRECTORMr Paul BrennanPROJECT DEVELOPMENTMr Richard HillCHIEF FINANCIAL OFFICER Ms Julia BeckettCOMPANY SECRETARYcalidus.com.au ASX : CAIinfo@calidus.com.auSuite 12, 11 Ventnor AveWest Perth WA 6005AUSTRALIA 18 January 2022Calidus forms new Pilbara lithium exploration ventureLithium rights covering more than 1,000sqkm in the East Pilbara of WACalidus Resources Limited (ASX: CAI) is pleased to announce that it has a 50 per cent interest in a new Pilbara lithium exploration company.The company, Pirra Lithium Pty Ltd (Pirra Lithium), is owned equally by Calidus and Haoma Mining NL (Haoma).Pirra Lithium will be assigned tenements and lithium rights across the most prospective lithium ground in the Calidus and Haoma portfolios. These tenements and lithium rights cover 1,063km2.Substantial pegmatites have already been mapped on the tenements, several of which are associated with known tin-tantalum fields.Calidus Managing Director Dave Reeves said the formation of the joint venture with Haoma gives Calidus a low-cost opportunity to gain exposure to an increased area of ground that has been targeted for its lithium potential. “Pirra Lithium creates a highly-leveraged exploration opportunity for our shareholders,” Mr Reeves said.“There is clearly potential to unlock substantial value by exploring what is highly prospective lithium ground in one of the world’s best lithium provinces.“We can capitalise on this opportunity without it having any impact on our core asset at Warrawoona, where we are on track to pour first gold in the coming quarter.“As part of this strategy to create additional value for our shareholders while maintaining our sharp focus on Warrawoona, we are establishing a separate dedicated team to pursue this lithium opportunity.”LocationPirra Lithium has access to tenements totaling 1,063km2 as shown in Figure 1. The tenements were selected based on lithium prospectivity from Calidus’ and Haoma’s extensive landholdings in the East Pilbara.
Warrawoona Gold Project, WA
Results of up to 101 g/t Au confirms
high grade nature of Blue Spec
Exceptional high-grade results drilled as part of Definitive
Feasibility Study to expand Warrawoona to 130,000oz per annum
HIGHLIGHTS
• Multiple occurrences of visible gold identified
• Assay results to form part of Mineral Resource update for DFS
• Geotechnical, metallurgy test work and mining studies underway
• Environmental base line studies underway
• Further drilling along strike at Blue Spec East prospect planned for the
December Quarter 2021
Calidus Resources Limited (Calidus or the Company) (ASX:CAI) is pleased to report assay
results from the recently-completed Definitive Feasibility Study (DFS) drilling program
at the Blue Spec Project in WA’s Pilbara.
Results include:
• 4.1m @ 33.6g/t Au from 194.9m (21BSDD005) incl. 2.2m @ 60.4g/t Au and incl.
1.1m @ 100.7g/t Au from 196m;
• 2.55m @ 44.1g/t Au from 413.25m (21BSDD002) incl. 1.9m @ 58.5g/t Au; and
• 3.1m @20.4g/t Au from 449.9m (BSDD001) incl. 2.1m @ 28.4 g/t Au.
Blue Spec is 75km from Calidus’ Warrawoona project, where construction is well
advanced and first gold production is expected in the June quarter of next year.
Calidus aims to start development of Blue Spec once steady-state production is
achieved at Warrawoona. Blue Spec is anticipated to increase annual production at
Warrawoona to 130,000oz when in full production1
.
Calidus Managing Director Dave Reeves said the four diamond holes would form an
important part of the Blue Spec Feasibility Study.
“These are the first holes Calidus has drilled at Blue Spec and it is significant that we
have already validated the very high-grade nature of the deposit.” Mr Reeves said.
“The results will form part of the DFS Resource upgrade, and the core will
latest interview and update with Dave Reeves on the progress at Pilbara
https://www.youtube.com/watch?v=NjzyAn_zYdE
RNS JUST OUT
Highlights
· Jubilee's PGM3 and Chrome operational earnings1 for H2 2020 increased by a record 123% to GBP 28.4 million (126% increase to ZAR 603.3 million2) from H1 2020
· Jubilee's attributable PGM and Chrome revenue1 for H2 2020 increased by 64% to GBP 48.2 million (66% increase to ZAR 1 billion) from H1 2020
· Jubilee's Sable Refinery achieves early earnings from its copper and cobalt production as part of securing operational readiness to accept first production from Project Roan, achieving attributable operational earnings of GBP 1.8 million (ZAR 39 million)
· Both the chrome and PGM operations deliver record operational performance
· The implementation of Jubilee's copper strategy to achieve 25 000 tonnes of copper units per annum gains momentum with the commencement of the construction of Project Roan's copper concentrator with phase 1 expected to come on line during Q1
· Jubilee secures in excess of 288 million tonnes of copper tailings with the further addition of an approximate 18 million tonnes of tailings in December 2020
· During the period H2 2020 Jubilee successfully completed the addition of its new 35 000 tonne per month Windsor 8 chrome operation where production commenced in October 2020 and commenced the construction of the new 80 000 tonne per month chrome operation adjacent to its Inyoni PGM operation
· Jubilee approved the further expansion of its PGM Inyoni operation which will commence in February 2021 and is targeted for completion in April 2021
Good morning Jr
IG certainly seem to be on it, I am not to bothered about being able to trade CAI, quite glad its not to easy otherwise I might have sold some and lost out on the rise however I wouldn't mind adding a few more if HL would pull it together.
Happy to sit and wait for DR to work it through to production and see where it goes it could be a nice little earner for the next few years.
I will take a look at IG anyway did you transfer all your holdings and investments to them ?
HL reply
I can’t confirm just yet whether Calidus shareholders on our platform will be able to take part in this offer, we need to wait to see if the event is enabled in CREST.
If it is we will be in touch with more formal communication.
Messaged HL to see if they have any proposal to help facilitate further purchases it would help to add in existing accounts for tax reasons however https://investor.automic.com.au/#/signup are offering this service in oz
https://investi.com.au/api/announcements/cai/f0614225-37f.pdf