All in News

St George Mining Ltd - More Strong Results at Mt Alexander

Emerging nickel stock St George Mining (ASX: SGQ) has confirmed more high-grade nickel-copper sulphide hits at its Mt Alexander project near Leonora, including assays of 8.4m at 2% nickel, 0.96% copper and 0.06% cobalt at drill hole MAD108. Drilling continues at the Investigators prospect, one of three discoveries across the Mt Alexander project, to confirm the extent of the high-grade nickel sulphide mineralisation.

NTM Gold - Substantial Aircore Exploration Drilling Campaign Under Way

Momentum keeps building for emerging Goldfields explorer NTM Gold (ASX: NTM), which has begun a major 20,000m-plus aircore drilling program at its Redcliffe project near Leonora to test 13 new targets. Having spent the first half of 2018 confirming a major resource upgrade to 538,000oz, NTM's focus since has been on making new discoveries at this greatly underexplored but highly prospective 170sqkm tenement package.

NTM Gold - Highly Promising RC Exploration

Emerging Goldfields explorere NTM Gold (ASX: NTM) has reported highly promising results from a first-pass RC drilling program designed to make new discoveries at its Redcliffe project near Leonora. The program tested a number of new targets including Bindy North, Redcliffe South and Westlode. NTM has already defined a 538,000oz resource across the Redcliffe project area, which remains underexplored.

Gold Road Resources - Half Year Accounts

Emerging producer Gold Road Resources (ASX: GOR) has signed off on the June 30 half-year with $160.4m of cash and equivalents as efforts focus on completing construction of the world-class Gruyere gold mine development in the north-eastern Goldfields. As at August 31, Gruyere project engineering and construction was 95% and 68% complete, respectively. First gold is forecast for the June 2019 quarter.

Black Dragon Gold - Drilling Identifies New High-Grade Extensions to Salave

Newly listed Black Dragon Gold (ASX: BDG) has followed up on its promise of positive newsflow with the announcement of some massive high-grade gold hits at its Salave project in northern Spain. The drilling, outside Salave's current resource model, included 4.4m at 41.9g/t from 125m, 30.8m at 7.1g/t from 218m and 12.6m at 18.1g/t from 284m. Black Dragon, which listed on the ASX last month, has flagged an upgrade of Salave's 944,000oz resource later this year.

Goldfields Money - Finsure Merger Will Create Digital Banking Game-Changer

Goldfields Money (ASX: GMY) says its merger with Finsure has created a digital banking game-changer, after the company's shareholders today voted in favour of the deal going ahead. Goldfields Money chief executive Simon Lyons said the combined entity would allow both companies to grow and improve profitability. "We will be creating Australia's first truly scalable digital challenger bank focused on providing lending solutions for Australian consumers via broker distribution," he said.

Nexus Minerals - High Grade Intersections from Wallbrook 1 Metre Samples

Eastern Goldfields explorer Nexus Minerals Limited (ASX: NXM) has released to market the final results of its 3,392 metre RC drilling program at the Wallbrook gold project. The program comprised 18 holes drilled to a maximum depth of 300m across three prospect areas. Targeted exploration of the project area will utilise surface geology and geochemistry, in conjunction with gravity/IP survey results and historical aeromagnetic data, to guide exploration drill programs.

St George Mining Ltd - Mt Alexander - Drilling Update

Emerging WA nickel company St George Mining (ASX: SGQ) has intersected more massive nickel-copper sulphides during drilling at its Mt Alexander project, near Leonora. The latest hits, with drill hole MAD114 at the Investigators prospect, returned average XRF values of 7% nickel and 5.5% copper. Drilling is now under way with hole MAD111 to test a conductor which was modelling with conductivity of 140,000 Siemens.

Goldfields Money - Successful $20million Capital Raise and Transaction Update

Goldfields Money (ASX: GMY) has received binding commitments from international and local institutional and professional investors to raise about $20 million by way of a placement. The raising was priced at $1.30 per share, with just under 15.4 million new shares issues. The proceeds will be used to fund prudential capital needs and enable the company to pursue further lending growth. Goldfields Money also revealed today the expected completion date for its merger with Finsure.