Westar Resources Ltd’s Post

#ASXNews Pacgold is pleased to present its Quarterly Activities Report for the three-month period ending 30 September 2024. Alice River Gold Project-- • 6,000m aircore bedrock geochemical programme commenced. o Regional focus aimed at unlocking size potential of overall mineralised system and generation of multiple follow up drill targets for the 2025 exploration season. o Programme to test a comprehensive 14km of IP geophysical and structural targets with maximum coverage possible of known mineralised corridor. • 3,000m reverse circulation (RC) programme designed to following up on existing regional targets Posie, Jerry Dodds, Central Target and Southern Target areas not previously drilled. o Multiple target areas of known historic mineralisation coinciding with geophysical structural anomalies to be tested over the next quarter. Corporate-- • Firm commitments received for a $4.1 million Placement (before costs) to accelerate exploration activities at the Alice River Gold Project, North Queensland. • Share Purchase Plan (SPP) to raise up to an additional $1.5 million. • Mr Matthew Boyes appointed as Managing Director/CEO as of 1 September 2024. VIEW the Report https://loom.ly/Ca4I_3Q #PGO #Pacgold #ASX #Gold #MiningAustralia #Shareholders #Investing

We've completed the acquisition of 90% interests in four new licence areas comprising 431km² in northern Queensland from Boadicea Resources. This acquisition expands our landholdings to nearly 1,000km² in the Drummond Basin-Charters Towers region, known for its potential for gold mineralisation.   The completion of the acquisition is subject to final approval by the Queensland Government Department of Resources.   We are currently assessing gold targets across all tenements in preparation for a drilling program scheduled for Q2 2024.   Executive Chairman Timothy Morrison said: “We are pleased to have completed this acquisition which expands our portfolio and provides more potential gold targets for exploration. It is our goal to advance these new projects concurrent to already planned activity, which will add valuable targets for an expanded campaign.”   Read the full ASX Announcement here: bit.ly/3V4E5ec #TMG #TriggMinerals #BOA #ASX #ASXNews #MiningNews #exploration

#ASXNews PolarX Limited has received firm commitments for a placement to raise approximately $3.2M (before issue costs), by issuing 320 million New Shares (the ‘Placement’) at $0.01 per fully paid ordinary share. • PolarX has received firm commitments to raise approximately $3.2 million through a single tranche Placement of 320 million shares at an issue price of 1 cent per share from new and existing shareholders. • Northern Star Resources Limited (ASX:NST) is participating in the Placement to maintain its 16% holding in the Company. • Proceeds will be used for additional #drilling at the Caribou Dome deposit (7.2Mt @ 3.1% Cu), and to evaluate several recently identified targets in the Caribou Region as well as the nearby, undrilled Senator prospect. • The Company also intends to update the mineral resource estimate and Scoping Study at the Alaska Range Project over the coming months. • Proceeds may additionally be used for drilling significant #gold-#silver prospects at Humboldt Range (Nevada). #PXX Managing Director, Dr. Jason Berton commented: “The Scoping Study we released earlier this year on the Alaska Range Project confirmed its compelling economics as a potential #copper development which benefits from high grade, shallow mineralisation and access to infrastructure in a key mining province with low sovereign risk.” View the full announcement: https://bit.ly/4c2W6hX #PolarXLimited #MiningNews #ASX

Touchstone Exploration Inc. (AIM:TXP, TSX:TXP, OTC:PBEGF) issued a statement regarding Trinity Exploration & Production PLC (AIM:TRIN), after a rival bid was recommended by the Trinity board late last week. Following the news of the offer by Lease Operators Limited, Touchstone said it is currently evaluating its position. Touchstone, in a statement, noted that it previously secured irrevocable undertakings covering approximately 38.9% of Trinity’s share capital, and, similarly had a commitment from Andrew Byles, representing around 2.58% of Trinity’s share capital – altogether commitments representing 41.45% of the share capital. The company noted that for its offer, both the Trinity Court Meeting and General Meeting had already occurred. Touchstone has the option to lapse the scheme on 22 August 2024, the 22nd day following the initial Court Hearing on 31 July 2024, if it chooses to do so. Further announcements from... More at #Proactive #ProactiveInvestors http://ow.ly/6ICB105EnPi

SRK Exploration is a global consultancy providing exploration and geological field services to the minerals and metals sector.   SRK remains committed to upholding exploration best practices, including the implementation of ESG to ensure mineral exploration progresses on a firm, sustainable footing. These values align with the principles we hold at Seventy Ninth Resources and act as the cornerstone for our partnership.   As our partnership with SRK has developed over the past three years, we are proud of the strong relations we have built with the on-site exploration team, who have embedded themselves as a perfect extension to our in-country geology team – providing the perfect blend of local knowledge and global expertise. Collaborations with our partners play a crucial role in fortifying the success and resilience of our company. These partnerships help us to achieve excellence across our global activities. #seventyninthresources #naturalresources #esg #assetmanagement #srkexploration #partners

EXPLORATION POTENTIAL CASTS NO SHADOW OF DOUBT | Maritime Resources Corp.'s (TSX.V: MAE) recently acquired Point Rousse asset offers huge potential as the identification of high-grade gold targets and previously permitted infrastructure creates capital and developmental advantages for this resource. “This strong pipeline of exploration projects will be the foundation of a hub and spoke business model that we plan to implement across the Baie Verte district.” – Garett Macdonald, President & CEO of Maritime Resources. Please read the press release below, or visit https://lnkd.in/gwwRVzbN, for further details on Maritime's 2024 exploration program. https://lnkd.in/gT4wCMcN #juniormining; #explorationandproduction; #investment; #goldmining; #growth

The JORC 2012-compliant Resource at our Cerro Bayo Silver-Gold Project in the southern region of Chile has doubled to 50.2Moz at 311g/t silver-equivalent. Our Interim Executive Director Ray Shorrocks said: “This is an outstanding start to our growth strategy at Cerro Bayo. It reflects the quality and value of the acquisition and the huge scope for ongoing increases in the inventory. “The underground grades are exceptional and the mineralisation remains open. In addition, the more data we review, the more prospectivity we see. With drilling now underway, we expect to generate a steady stream of assays as we look to extend the known boundaries of the mineralisation and continue creating value through Resource growth. “Increases in the Resource will be particularly valuable for Mitre shareholders given the processing plant and other infrastructure right next door." Read the full ASX announcement here: https://loom.ly/6AIJ2u0

2023 Year-End Letter to Shareholders Dear Valued Shareholders, As we approach the close of another year, I find myself reflecting on our journey and the significant milestones we’ve achieved together. In the face of challenging market conditions, we’ve made remarkable progress in various aspects of our business, demonstrating our commitment to advancing the Philadelphia discovery and enhancing shareholder value. Let’s delve into some of our key accomplishments this year: Exploration Advancements: We’ve continued our relentless exploration efforts, making strides in drilling and conducting vital metallic screen testing. These initiatives have paved the way for a clearer understanding of our resource potential. 43-101 Report: We’re proud to announce the completion of our 43-101 technical report, a critical step in formalizing our project’s value and prospects. This comprehensive document will serve as a valuable asset for both our company and our investors. High-Grade Vein Discovery: One of the standout achievements of the year has been the discovery of a new high-grade vein, demonstrating the richness of our property position. This exciting find has injected renewed enthusiasm into our team. 3-D Modeling: Our commitment to cutting-edge technology has led to the commencement of a 3-D model, providing us with a powerful tool to visualize and optimize our exploration going forward. In a market environment that has presented its fair share of challenges, I want to extend my heartfelt gratitude to you, our shareholders. Your unwavering support, patience, and dedication have been instrumental in our journey. It has been a privilege to engage with many of you through calls and correspondence, and your insights and relationships are truly valued. Our path to advancing the Philadelphia project to create further value has never been more clear. The jurisdiction is ideal, and the demand for another mine is evident, especially with neighboring operations facing depletion in their feed. I’d like to take a moment to highlight the commitment of your management team. We exercised 1.3 million options this year without selling a single share. This strategic move made extending our drill program possible, resulting in significant discoveries, including a third high-grade vein and our best high-grade intercept to date. https://lnkd.in/gKADs5EU #gold #silver #goldmining #goldmine #mining #mine #uk #unitedkingdom #switzerland #australia #india #netherlands #russia #china #ireland #turkey #germany #italy #sweden #greece #portugal #spain #hungary #lithuania #czechrepublic #poland #norway #peru #chile #argentina #bolivia #equador #mexico #hongkong #malaysia #singapore #indonesia #vietnam #southkorea #iran #pakistan #saudiarabia #southafrica With sincere appreciation, Regards, Mike Stark, CEO, President Arizona Gold & Silver Inc.  +1 (604) 833-4278 Suite 900 – 777 Hornby St,  Vancouver, BC Canada, V6Z-1S4

#ASXNews NickelSearch Limited wishes to announce the successful completion of the Non-Renounceable Entitlement Offer, which raised A$2.1 million (before costs). • $2.1m Non-Renounceable Entitlement Offer has been successfully completed. • Eligible Shareholders subscribed for $802,656.73, with the balance issued to the underwriters. • Completion of the Entitlement Offer was the remaining condition precedent for the acquisition of the Mt Isa North Copper-Uranium Project. • Funds will be used to undertake a comprehensive exploration program, primarily focused on the Company’s recently acquired Mt Isa North Project. #NIS’ Executive Chairman, Mark Connelly, commented: “We are thankful for the support of participating shareholders and the underwriter in the Entitlement Offer, which will allow the Company to significantly ramp up its exploration programs at Mt Isa North and Carlingup. “The Mt Isa North Copper-Uranium Project contains a number of high priority targets that we will look to progress over the coming months. At Carlingup, we are proceeding with the Program of Works application in order to allow lithium drilling at the Quarry North prospect in early 2025, subject to approvals.” View the announcement: https://loom.ly/INimTFI #NickelSearch #ASX #Copper #uranium #lithium #MiningNews

🌟Hemi Regional Scoping Study🌟   We are pleased to present the outcomes of our Hemi Regional Scoping Study, evaluating the potential development of the Hemi Regional deposits, east and west of the Hemi Gold Project.   Key Highlights: 🔹 Strong financial and technical potential for developing the Hemi Regional deposits within the first five years of Hemi operations. 🔹 Funding for the Regional Project will come from operating cashflows from Hemi, preserving our existing cash reserves. 🔹 Ongoing targeted regional exploration aims to enhance our global Mineral Resource and improve the Study evaluation.   Our Managing Director, Glenn Jardine comments: “Hemi represents a provincial scale exploration and production opportunity and the Company is actively assessing ways in which the long-term production profile of the Project can be enhanced over and above the Hemi DFS production profile outlined in September 2023. The Hemi Regional Scoping Study provides an important initial evaluation of part of this potential to both extend and increase the production profile.   “Our strategy is to time the development of the Hemi Regional Project utilising cashflow generated from the fully commissioned Hemi Project, while also bringing forward cashflows from the Hemi Regional deposits as soon as practicable. The Hemi Regional deposits will not displace any material from Hemi but aim to utilise the expected latent capacity within the front and back ends of the Hemi plant.”   Read the full announcement here ➡️ https://bit.ly/4cAt4HA #DeGreyMining #DEG #HemiGoldProject #GoldDevelopment #WesternAustralia