In this week's edition of Bulls N' Bears Big Hits, we examine some notable drill intersections revealed on the ASX, including Solstice Minerals' solid gold reveal after air-core drilling in WA. We also take a look at drill hits from last week as reported by Peel Mining from its Cobar South projects in NSW, Sun Silver in Nevada and Cauldron Energy in WA's North West.
Our board moves wrap includes Tom Peregoodoff, Michael Meintjes, Ryan Welker, Kevin Gallagher, Alexandra Andrews, Benjamin Donovan, Mark Okeby, Jim Simpson, Rob Tyson, Simon Hadfield, and Rick Deurloo.
EcoGraf has cut its executive and management salaries by half and further reduced operational expenditure in West Africa in a bid to save costs during the COVID-19 pandemic.
Base metals junior Peel Mining has raised $7 million through an oversubscribed share placement, with the funds to go towards its projects in the Cobar Basin in NSW.
Peel Mining has announced completion of a $6 million share placement to fund work on its zinc-lead project while Triton Minerals has launched an entitlement offer for the same amount.
Junior explorer Peel Mining has announced plans to spin-off its Apollo Hill gold project near Leonora into a new company and list it on the ASX by way of an initial public offering.
SPECIAL REPORT: Backdoor-listed technology businesses and mining hopefuls have joined the state's top performers in financial year 2016 in Business News's annual analysis of total shareholder returns.
Gold miner St Barbara has taken a 9.5 per cent stake in junior explorer Peel Mining for $3.3 million, with the funds to be put towards development of Peel's copper-gold deposits in NSW.
Shares in Perth-based metals explorer Peel Mining have surged on news it would receive up to $7 million through a farm-in agreement with Japan Oil, Gas and Metals National Corporation.