Comet Resources Ltd confirms favourable native title decision for Barraba Copper Project proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
Comet Resources has primary focus on copper-gold with multiple price catalysts expected over the next six months
Comet looks forward to receiving the results from its various workstreams and will provide updates as soon as the information is available. Comet has multiple highly prospective, exploration and development projects in tier-1 mining jurisdictions.
Comet Resources Ltd (ASX:CRL) has multiple potential price catalysts set to take place over the next six months for its multi-commodity portfolio across a range of geographies including Mexico and Australia.
Most focus will be on the company s copper and gold assets as it increasing its exposure to these high-value metals.
Comet Resources Ltd (ASX:CRL) is pleased provide an update on ongoing test work on natural flake graphite from its Springdale Graphite Project (Springdale) located in Western Australia.
Highlights:
Bulk sample of Springdale graphite concentrate estimated to be completed in Q2 2021.
Concentrate material will then be sent to Germany to test its amenability for the production of battery anode material suitable for use in EVs.
Final test results expected in Q3 2021.
Comet Resources Ltd (ASX:CRL) is pleased provide an update on ongoing test work on natural flake graphite from its Springdale Graphite Project (Springdale) located in Western Australia. Both excellent grade and recoveries were achieved on initial tests, leading to commencement of work to produce a bulk sample for further testing. Importantly, the graphite concentrates previously produced demonstrated a unique and potentially very valuable characteristic in its small size distribution, with two-thirds of the product passi
Managing Director Matthew O’Kane joined INN to discuss Comet Resources’ exciting updates.
In this interview, Managing Director Matthew O’Kane shares that the combination of copper fundamentals and a strong gold market make for a good opportunity for investors since Comet Resources is currently working on a copper project in New South Wales, Australia, and a gold project in Baja, Mexico. O’Kane shared, “We’re moving into the actual physical exploration work, which is the best time to buy. Of course, if results are good, the share price will appreciate and you’ve sort of missed the opportunity. So right now is the perfect time really to be getting in.”
Comet Resources raises $1 million in placement to support exploration in Australia and Mexico
Funds will primarily be used at the Barraba Copper Project with exploration to be expanded to include two historic mine areas. The placement is priced at a 10% discount to the last closing price of Comet shares on February 4
Comet Resources Ltd (ASX:CRL) has received commitments for a placement to raise $1 million, bringing several new strategic shareholders to the register and providing additional cash to support exploration activities at projects in Australia and Mexico.
This will enable Comet to expand its exploration scope at the Barraba Project in NSW to include further exploration at the historic Murchison Mine in addition to planned exploration works at the historic Gulf Creek mine.