2021-05-06 by Proactive Australia
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.
At the RIU Sydney Resources Round-up conference, the company discussed upcoming work programs at the Barraba Copper Project in northern NSW, the Santa Teresa Gold Project in Mexico s Baja California, the Springdale Graphite Project in southern Western Australia and its Northern Territory copper-gold project.
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
Comet Resources Limited to enhance portfolio by acquiring prospective copper-gold and base metals assets in NT 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.
Funds raised to be used to support work at the Santa Teresa and Barraba Projects including expansion of exploration activities at the Barraba Project to include the historic Murchison Mine area
Highlights
Shares to be issued at 2c with a 1 for 2 option at 3c
Funds raised to be used to support work at the Santa Teresa and Barraba Projects including expansion of exploration activities at the Barraba Project to include the historic Murchison Mine area
Comet Resources Ltd (ASX:CRL) is pleased to announce it has received commitments for a placement of 50,000,000 new fully paid ordinary shares in Comet (Placement Shares) to eligible sophisticated and institutional investors at $0.02 per New Share (the Placement) with a 1 for 2 free attaching option exercisable at $0.03 and expiring 2 years from date of issue (Placement Options).