Latitude Consolidated says it has unearthed a new auriferous trend near the former Andy Well underground mine at its Murchison gold project in WA's Murchison Goldfields. An initial set of drill results from the company's 10,000m phase-one RC program included an encouraging 7m grading an average 1.9 grams per tonne gold from 121m including 1m going at 9.59 g/t from the Suzie North prospect.
ASX-listed Latitude Consolidated has successfully shaken the tin for about $6.7 million in a strongly supported capital raise as the gold explorer looks to build on a very encouraging review of a ton of historical drilling and exploration data stemming from its recent Murchison gold project acquisition in WA's fertile Murchison Goldfields.
ASX-listed Latitude Consolidated has taken its Murchison gold project resource past one million ounces after more than doubling its Turnberry open pit gold inventory to 610,000 ounces ahead of receiving first assays from a new 10,000-metre drilling program. The updated 1.115-million-ounce project resource includes 505,000 ounces grading an impressive 8.6 g/t in the high-grade Andy Well mine that Latitude bought from Silver Lake Resources earlier this year.
Our board moves wrap includes Stephen Buckley, Alison Gaines, Peter Plakidis, Bianca Taveira, Tim Allison, Keith Smith, Nick Castleden, Karen Logan, Jessamyn Lyons, and Colin Noid.
West Perth-based Latitude Consolidated has agreed to sell its Mt Ida gold project near Leonora to Alt Resources in a cash and scrip deal worth $2 million.
Thred has announced a capital raising by way of a fully-underwritten, non-renounceable pro-rata entitlement offer at an issue price of $0.004 per new share on the basis of one new share for every t
Westgold Resources Limited (ASX:WGX) (Westgold) is pleased to advise that its wholly owned subsidiary, HBJ Minerals Pty Ltd (HBJ) has signed mining tribute agreement over Cannon Mine area.
Emerging Goldfields explorer NTM Gold Limited (ASX: NTM) (“NTM” or “the Company”) is pleased to announce it has raised $1.5 million in a heavily oversubscribed placement of new shares.
The corporate watchdog is considering an update to its disclosure policy for prospectuses, one week after uncertainty over the policy contributed to the collapse of a high-profile backdoor listing deal.
A planned backdoor listing by technology company Yatango, which was backed by top-shelf advisers and boasted iiNet founder Michael Malone as one of its directors, has fallen through after being hit by tough market conditions and a run-in with the corporate regulator.
The market appetite for backdoor listings of tech stocks continues unabated, with Magnolia Resources securing $7 million in funding commitments and Potash Minerals becoming the fifth exploration company from Western Australia to head down the tech path this month.
A local consumer services technology company currently in the middle of a backdoor listing has welcomed former iiNet chief executive Michael Malone to its board as a director.
Shares in copper miner Latitude Consolidated skyrocketed on news it plans to exit the resources sector with a proposed acquisition of consumer services technology company Yatango through a scrip deal valued at about $18 million.
