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Company News
Great Southern Mining Sells Southern Star Gold Prospect to Regis Resources for up to $9m
Great Southern Mining (ASX: GSN) has made a strategic decision to sell the Southern Star gold prospect to Regis Resources (ASX: RRL) for a potential consideration of $9 million. The sale will earn Great Southern a $4 million upfront cash payment and contingent payments of as much as $5 million based on gold price thresholds […]
Revolver Resources exercises option deed to purchase Dianne copper tenements from Great Southern Mining
Revolver Resources Holdings (ASX: RRR) has executed an option deed with Great Southern Mining (ASX: GSN) for the acquisition of two exploration permits surrounding Revolver’s flagship Dianne copper project in far north Queensland. The option deed was secured in July and will increase Revolver’s contiguous tenement holdings at the high-grade project from 118 square kilometres […]
Revolver Resources expands high-grade copper potential at Dianne with tenement acquisitions
Revolver Resources (ASX: RRR) has inked a deal to acquire two tenements adjacent to its flagship Dianne high-grade copper project in north Queensland’s Hodgkinson Province. The company signed an option deed to purchase the two exploration licences from Great Southern Mining (ASX: GSN). As part of this, Revolver will pay a $100,000 option fee that […]
Great Southern Mining unearths visible gold at Cox’s Find, responds to ASX price query
Junior explorer Great Southern Mining (ASX: GSN) has uncovered multiple occurrences of visible gold mineralisation in diamond drill core at the Cox’s Find gold project in Laverton, Western Australia. The company emerged from a trading halt today to reveal the find, which is yet to be analysed but is believed to indicate the potential high-grade […]
Gold is the big story in town as investors rush into penny stocks
Scratch a financial advisor and ask about investing in gold – it is almost certain one of their suggestions will be to buy companies actually producing the metal and, preferably, paying a dividend. But Monday saw the market action elsewhere and the cheaper the stock, the more enthusiasm. There are various currents swirling in the […]
Junior explorers shrug off virus woes, push ahead at speed
This COVID-19 induced economic crisis is meant to be the biggest financial setback since with the Second World War or the Great Depression of the 1930s. But no one seems to have told the mining exploration fraternity. This writer was covering the junior sector in the aftermath of the 1987 stock market crash when, in […]
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