• AusQuest – Second Diamond Rig Commences In Peru

    AusQuest – Second Diamond Rig Commences In Peru0

    Additional rig to speed up testing of large Chololo porphyry copper target and improve cost effectiveness of drilling program Further to its ASX release of 5 June, AusQuest Limited (ASX: AQD) is pleased to advise that a second drill rig has now commenced drilling at the Chololo Porphyry Copper Project in southern Peru. The second

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  • Rio Tinto and Minmetals Formalise Joint Venture For Mineral Exploration

    Rio Tinto and Minmetals Formalise Joint Venture For Mineral Exploration0

    Rio Tinto and Minmetals have today formalised a Joint Venture Contract to establish a 50:50 joint venture to explore for world-class mineral deposits in China. It follows a Technical Collaboration Contract signed in November 2017 when both parties committed to a collaborative partnership in mineral exploration. The joint venture is subject to regulatory approvals. Rio

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  • OZ Minerals Offer For Avanco Declared Unconditional

    OZ Minerals Offer For Avanco Declared Unconditional0

    OZ Minerals’ offer for Avanco declared unconditional All remaining outstanding defeating conditions of the Offer waived Payment terms accelerated When combined with Avanco management commitments upon exercise of outstanding options, current acceptances total 46.6% Offer price is final and cannot be increased by law Offer due to close at 7.00pm (Sydney time) on 14 June

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  • Fortescue Announces Acquisition Of A 15% Stake In Atlas Iron

    Fortescue Announces Acquisition Of A 15% Stake In Atlas Iron0

    Fortescue Metals Group (ASX: FMG, Fortescue) has agreed to acquire 15.0% of the ordinary shares in Atlas Iron Limited (ASX: AGO, Atlas Iron) at a price of A$0.04 per share. In addition, Fortescue has an economic interest through a cash settled swap relating to notional shares equivalent to approximately 4.9% of Atlas Iron’s ordinary shares.

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  • AusQuest Commences Major Diamond Drill Program In Peru

    AusQuest Commences Major Diamond Drill Program In Peru0

    Start of first Peru drill program marks the start of a busy six months for AusQuest AusQuest Limited (ASX: AQD) is pleased to advise that a major diamond drill program comprising 10 holes for 5,000m has commenced at its Chololo Porphyry Copper Project in southern Peru. Two drill rigs are currently on site with the

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  • Cassini Resources West Musgrave Exploration Update

    Cassini Resources West Musgrave Exploration Update0

    HIGHLIGHTS Significant regional exploration drilling program has commenced Targeting new EM conductors generated from recent surface and down-hole geophysical surveys All conductors adjacent to, or extensions of known Ni and/or Cu sulphide mineralisation Initial drilling commenced at Yappsu, with One Tree Hill to follow One Tree Hill drill program targeting a 700m long conductor Work

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