Magmatic Resources (ASX:MAG) has begun a 14-hole diamond drilling (DD) program at the Myall Farm-in and Joint Venture Agreement (FJVA) Copper-Gold Project, funded under a commitment by joint venture partner FMG Resources, a wholly owned subsidiary of Fortescue (ASX:FM). The 14-hole program targets drillholes up to 500m deep, totalling 5,000m and is designed to test […]
Beacon Minerals (ASX:BCN) announces that Beacon Mining, its wholly owned subsidiary, has entered a binding tenement sale agreement with Forrestania Resources (ASX:FRS) for the sale of the Mt Dimer tenement in Western Australia. Beacon is selling the Mt Dimer tenements as part of its portfolio strategy to monetise its non-core assets as well as to […]
Horizon Minerals (ASX:HRZ) has appointed Christian Price as General Manager for Corporate Development to help drive the company’s growth strategy. Price has 20 years experience in the sector, as a mining engineer, mine manager, mineral economist, and corporate leader. He has most recently served as Executive Director at Nimy Resources (ASX:NIM), with previous roles in […]
WIN Metals (ASX:WIN) has received commitments to raise $5.5 million through a share placement at $0.035 per share, and one free attaching option for every two shares issued through the placement. The company has already received strong support from strategic and existing investors. Proceeds from the placement will be used to fund the second phase […]