Verdant Minerals Ltd's (ASX:VRM) strategic intent is to create shareholder value through the discovery, development and operation of fertiliser and industrial mineral projects, located in close proximity to existing transport infrastructure, with a primary focus on the Northern Territory of Australia.
Verdant Minerals Ltd
ASX:VRM ISIN:AU000000VRM8
News
Rum Jungle Resources Limited (ASX:RUM) has received assays for step out holes surrounding the Barrow Creek 1 Resource Drilling Grid at Ammaroo Phosphate Project.
Rum Jungle Resources Limited (ASX:RUM) has complete northern grid drilling at Barrow Creek 1. All assays have now been returned for the 100m grid at Barrow Creek 1 and several shallow high grade zones have been delineated within the area.
Rum Jungle Resources Limited (ASX:RUM) has received assays for the next 93 drill holes drilled within the centre of the Resource Grid, progressing from Line 9 southward to Line 14.
Drilling on the Rum Jungle Resources (ASX:RUM) Barrow Creek 1 Resource Grid has been continuing well since access was obtained late last week. A total in excess of 125 holes for 3,100 meters has now been completed, with a total 1,400 samples dispatched for analysis at AMDEL's laboratories. A total 300 holes are planned for approximately 10,000 meters.
Rum Jungle Resources Limited (ASX:RUM) is pleased to announce that it has received verbal commitments from sophisticated and institutional clients of Blackswan Equities and Southern Cross Equities in a placement to raise A$9.63 million (before costs) from the issue of 21.4 million ordinary shares at A$0.45 per share.
Rum Jungle Resources Limited (ASX:RUM) report on Barrow Creek 1 exploration. A helicopter supported visit was made to site today, in inclement weather conditions to determine immediate exploration logistics. The Underdale Drilling rig is unable to move in soft ground due to heavy rainfall and the Bullion Rig due to commence today is bogged in South Australia and unlikely to move for a week. 30 holes have been completed on the northern most two grid lines with samples submitted for assay.
Rum Jungle Resources Limited (ASX:RUM) today updates on the exploration at Barrow Creek 1 Phosphate Discovery.
Rum Jungle Resources Ltd (ASX:RUM) advises that it has completed the purchase of 100% of the issued capital of Territory Phosphate Pty Ltd from Aragon Resources Ltd (ASX:AAG) for a total consideration for A$1,000,000.00 cash and 16 million fully paid ordinary shares of RUM.
Aragon Resources Limited (ASX:AAG) advises that it has completed the sale of its 100% wholly owned subsidiary, Territory Phosphate Pty Ltd to Rum Jungle Resources Ltd (ASX:RUM) for a total consideration of A$1,000,000 cash and 16,000,000 fully paid ordinary shares in Rum Jungle currently trading at A$0.455 per share.
Aragon Resources Limited (ASX:AAG) advises has agreed to sell its of wholly owned subsidiary, Territory Phosphate Pty Ltd to Rum Jungle Resources Ltd (ASX:RUM) for a total consideration of A$1,000,000 cash and 16,000,000 fully paid ordinary shares in Rum Jungle currently trading at A$0.325 per share.
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