The race is still on for companies trying to crack the exploration code within Western Australia's rugged Albany-Fraser Orogen in the ongoing mission to reproduce the area's renowned – and only – Nova-Bollinger nickel-copper find. Despite some firms claiming to have defined the geological silver bullet they believed would shoot them to fame, the search for the elusive prize continues.
Our board moves wrap includes David Edwards, John McKinstry, Chris Stevens, Merrill Gray, Caroline Keats, Simon Jackson, Jodie Simm, Corinne Franklin, Suzie Foreman, and Peter Torre.
Constellation Resources, a spin-out of Apollo Minerals' Fraser Range assets, has begun trading positively on the ASX today, after raising $7 million via an initial public offering.
Perth-based Apollo Minerals has announced plans to spin-out its Fraser Range assets via an initial public offering, as the company focuses on its European tungsten and gold projects.
Local resource explorers Enterprise Metals and Zenith Minerals have received state government co-funding for drilling exploration projects in Western Australia.
Enterprise Metals has announced its new chief financial officer and company secretary, following the resignation of Damian Delaney who held both roles.
Perth gold exploration firm Enterprise Metals has completed a capital raising of $1.2 million, which was achieved through the placement of 24 million shares valued at 5 cents per share.
Shares in Enterprise Metals have more than doubled today after the West Perth-based explorer uncovered a new, 30 kilometre long uranium target in WA that could be similar to BHP Billiton's Yeelirrie deposit.