Cobre Limited Update
Metal Tiger plc (AIM: MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, is pleased to note Cobre Limited’s (“Cobre”) release of an update with regard to the Perrinvale VHMS project relating to the commencement of field exploration.
Metal Tiger is currently interested in 26,006,963 Cobre shares, representing approximately 16.62% of Cobre’s issued share capital. As announced on 15 April 2021, Metal Tiger will be interested in an additional 8,311,765 shares subject to shareholder approval of Metal Tiger’s participation in the Cobre Fundraise. In addition, the Company expect to be issued a further 445,368 new Cobre shares subject to certain conditions being met as announced 15 December 2021. Assuming all further issuances occur Metal Tiger would be interested in approximately 21% of Cobre Limited.
Cobre Limited (ASX:CBE) Commencement of Field Exploration at Perrinvale
Commencement of Field Exploration at PerrinvaleSydney, April 29, 2021 AEST (ABN Newswire) - Cobre Limited (
ASX:CBE) is pleased to announce the commencement of a new field exploration programme on the Company s wholly owned Perrinvale Volcanic Hosted Massive Sulphide (VHMS) Project (Perrinvale or Project) in Western Australia.
Highlights:
- Potential for increased areas of intermediate to felsic volcanic rocks identified; and
- Banded Iron Formation association with conductors and massive sulphide mineralisation to be targeted.
Since completing field activities at Perrinvale in late 2020, and while the Company focused on finalising the acquisition of a controlling interest in Kalahari Metals Limited (KML) and the recent capital raise, work continued concurrently on the Perrinvale Project with the completion of an Optimisation Study at the Schwabe Prospect and planning for this next phase of fie
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE UK VERSION OF THE MARKET ABUSE REGULATION (EU NO. 596/2014) AS IT FORMS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ( UK MAR ) AND THE SOUTH AFRICAN FINANCIAL MARKETS ACT 19 2012. THIS ANNOUNCEMENT (INCLUDING THE APPENDIX) AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, JAPAN, NEW ZEALAND, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFERING OF SECURITIES FOR SALE IN THE UNITED STATES OF AMERICA AND NO SECURITIES HAVE BEEN OR WILL BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT 1933, AS AMENDED OR UNDER THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION IN THE UNITED STATES OF
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Theta Gold Mines Limited (ASX:TGM) Half Year Accounts 31 December 2020
Half Year Accounts 31 December 2020Sydney, Mar 15, 2021 AEST (ABN Newswire) - During the half year, Theta Gold Mines Limited (
OTCMKTS:TGMGF) appointed two highly experienced underground miners to head its South African management team. Mr Mitford Mundell was appointed as Chief Executive Officer - Africa and Mr Jacques du Triou as Chief Operating Officer.
Both Mr Mundell and Mr du Triou have extensive experience in the mining sector in South Africa and have worked and consulted to some of Africa s largest mining companies including Harmony Gold, De Beers Mining Corporation, Namakwa Diamonds and Anglo American.