Aragon Resources Limited (ASX:AAG) is an Australia-based gold, nickel and phosphate exploration company. The principal activity of the Company is the exploration of minerals. Aragon has exploration tenements in Western Australia and the Northern Territory.
Emerging gold producer Aragon Resources Limited (ASX:AAG) is pleased to provide an update to the ongoing exploration for new gold discoveries at the Cuddingwarra and Day Dawn Goldfields of the Central Murchison Gold Project. Aragon has made considerable progress towards achieving its strategic plan of restarting mining operations from multiple open pit and underground sources. The shallow open pittable gold resource component of the development strategy is being evaluated by ongoing open pit mine studies and exploration for new shallow gold deposits.
Aragon Resources Limited (ASX:AAG) releases following announcement regarding Westgold Resources Limited (ASX:WGR) takeover offer.
Aragon Resources Limited (ASX:AAG) update on progress of Central Murchison Gold Project.
Aragon Resources Limited (ASX:AAG) ("Aragon") advises that on 21 February 2011 it received a copy of Westgold Resources Limited (ASX:WGR) ("Westgold")'s Bidder's Statement under their proposed off-market takeover bid. A copy of the Bidder's Statement was released to ASX on the same date.
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) is pleased to advise that following on from the recent positive mine study results at the Big Bell Underground Mine, a planned 3,000 metre drill program is due to commence in the coming week. The Big Bell Mine, located at the Murchison Bell Goldfield of Central Murchison Gold Project has a recently defined Probable Mining Reserve Estimate of 390,000 ounces of gold.
Aragon Resources Limited (ASX:AAG) provide an update to the ongoing exploration for new open pittable gold discoveries at the Cuddingwarra Goldfield of Central Murchison Gold Project and advise that diamond drilling at the Lefroy Nickel Prospect, east of Kambalda is due to commence on the 5th on February 2011.
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.
Rum Jungle Resources Ltd (ASX:RUM) is pleased to announce that today it has reached an agreement with Aragon Resources Ltd (ASX:AAG) to purchase all the shares in Territory Phosphate Pty Ltd, a wholly owned subsidiary of Aragon.
