CLA
Celsius Resources Ltd
Director Trades
| Date | Director | Value |
|---|---|---|
| M. van Kerkwijk | $75,000 | |
| P. Dudley | $75,000 |
Company News
Silvercorp Metals targets Philippines copper with Celsius Resources merger move
Canadian precious metals miner Silvercorp Metals (TSX: SVM, NYSE: SVM) has launched an approximately $56 million merger bid for Philippines copper mine developer Celsius Resources (ASX: CLA, AIM: CLA). The pair have entered into a non-binding term sheet and a binding subscription agreement which will see the Canadian-based mining company acquire all outstanding Celsius shares […]
Debt warning for small resource stocks as a rate squeeze worsens
Investors should take note of the red debt-flag flying over the resources sector with smaller companies at greatest risk, as the toxic mix of interest rate hikes and commodity price falls take effect. Rising interest rates impact everyone, but with mining there is a problem in trying to align erratic (commodity exposed) income with fixed […]
Celsius Resources diversifies into copper-gold in the Philippines
Celsius Resources (ASX: CLA) is acquiring a suite of copper-gold projects in the Central Cordilla region of the Philippines including an advanced high-grade copper deposit that revealed wide mineralised zones when drilled by a previous owner. The company said recent changes to legislation and governance in the Philippines is now making the country an attractive […]
Celsius Resources joins Lachlan Fold Belt gold rush
Celsius Resources (ASX: CLA) has picked up historic gold ground on the Lachlan Fold Belt of NSW that lies along strike from an adjacent recent discovery. Celsius will acquire 100% of the Cullarin West project from privately owned Syndicated Minerals in return for 20 million new shares in the listed junior. The new project is […]
Celsius Resources finds more cobalt mineralisation at Opuwo
Ongoing drilling at Celsius Resources’ (ASX: CLA) Opuwo cobalt project in Namibia has resulted in a significant extension to the existing mineral resource. The latest resource development drilling at the project has identified the potential mineralisation extension within the DOF Northwest Anticline target. The new zone is characterised by thicker than average and significantly flatter […]
Celsius Resources extends known cobalt mineralisation at Opuwo
Celsius Resources (ASX: CLA) has extended the known mineralisation within the West Zone of its 95%-owned Opuwo cobalt-copper-zinc project in Namibia. The latest round of resource expansion drilling at the zone unearthed multiple mineralised intersections including 13m at 0.14% cobalt, 0.67% copper and 0.75% zinc, which comprised a higher grade 2m interval containing 0.29% cobalt, […]
Celsius Resources starts drilling to upgrade Opuwo cobalt-copper resource
Celsius Resources (ASX: CLA) has started reconnaissance drilling at its Dolomite Ore Formation (DOF) North prospect about 10km north of its maiden cobalt and copper resource for its 95%-owned Opuwo project in Namibia, with an electromagnetic survey of the project tipped to start in July. The company, which defined a maiden resource for Opuwo in […]
Celsius Resources returns thick cobalt intercepts ahead of maiden resource reporting
Celsius Resources (ASX: CLA) has returned thick intersections of cobalt near to the surface from resource drilling on its 95%-owned Opuwo cobalt project in Namibia. Highlights include a 17m intersection from an 11m depth with cobalt grading 0.14% and copper grading 0.42%, and a 10m intersection with 0.12% cobalt and 0.59% copper as well as […]
Assays confirm deeper mineralisation continues to the west of Celsius’ Opuwo cobalt project
Celsius Resources (ASX: CLA) has received further assays from resource drilling at its 95%-owned Opuwo cobalt project in Namibia which confirm deeper mineralisation also exists on the project’s western side. The deeper mineralisation was established in a 3.96m intersection on the western side from a 450.50m depth with cobalt grading 0.13% and copper grading 0.45%. […]
Assays reveal cobalt-copper at Celsius’ Opuwo project extends at depth
Assay results from resource drilling at Celsius Resources’ (ASX: CLA) 1,470-square kilometre Opuwo cobalt project has extended the known mineralisation at depth. In the latest assay batch, a down dip extension of 4m grading 0.13% cobalt and 0.40% copper was identified, which is similar to previously reported near surface results. “The confirmation of significant down-dip […]
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