Venus Metals Corporation Limited (ASX:VMC) is pleased to announce it has finally received settlement funds for the sale of its 50 % interest in the Yalgoo Iron Ore Project to FI Joint Venture Pty Ltd.
Rox Resources Limited
Rox Resources Limited (ASX:RXL) is an Australian listed company with advanced gold and nickel projects in Australia. Rox owns a 50% interest in the Youanmi Gold Mine, and wholly-owns the Mt Fisher Gold project and the Fisher East and Collurabbie Nickel Projects, all located in Western Australia.
The Youanmi Gold Mine is the company's flagship project and offers significant upside in both development and exploration potential. Rox co-owns the Youanmi Gold Mine with Venus Metals Corporation Limited (ASX:VMC) through a 50% ownership, with the ability to increase ownership in the mine to 70%. Rox is responsible for the management of the Youanmi Gold Mine.
The Youanmi Gold Mine has a JORC 2012 compliant Mineral Resource Estimate of 12.4Mt at 2.97g/t Au for 1,190,600 ounces of gold, including a 'near surface' portion of 10Mt at 1.65g/t Au for 532,000 ounces of gold.
The Company is well-funded to develop and explore the Youanmi Gold Mine with approximately $11.4 million in cash and receivables.
Venus Metals Corporation Limited (ASX:VMC) Substantial 39% Increase to Youanmi Gold Resource to 1.7Moz Au
Australian gold and nickel company, Rox Resources Limited (ASX:RXL), in conjunction with its joint venture partner Venus Metals Corporation Limited (ASX:VMC) is pleased to report a significant increase to the mineral resource estimate for the Youanmi Gold Project near Mt Magnet, WA.
Venus Metals Corporation Limited (ASX:VMC) Extension Drilling at Youanmi Pursuing Significant Growth
Australian gold and nickel company, Rox Resources Limited (ASX:RXL), in conjunction with its joint venture partner Venus Metals Corporation Limited (ASX:VMC) is pleased to report that extensional drilling at Youanmi continues to show that the project has significant upside.
Venus Metals Corporation Limited (ASX:VMC) (FRA:EZL) is pleased to announce changes to the management of three joint ventures ("JV") at the Youanmi Gold Project.
Venus Metals Corporation Limited (ASX:VMC) Youanmi Gold Settlement Proceeding of Transformational Deal
Venus Metals Corporation Ltd (ASX:VMC) has entered a binding term sheet with Rox Resources Ltd (ASX:RXL) to enable VMC to settle the Youanmi Gold Mine purchase and Rox will fund aggressive exploration in the project area through three Joint Ventures formed with VMC.
VIDEO PPR-TV: Rox Resources Limited (ASX:RXL) MD Answers Questions About the Sale of the Reward Zinc Project
Rox Resources Limited (ASX:RXL) has agreed to sell its 49% interest in a joint venture with Teck Australia on the massive Reward Zinc Project in the Northern Territory for $14.8 million to IMI Zinc Exploration Pty Ltd.
Pacifico Minerals Limited (ASX:PMY) ("Pacifico" or the "Company") wishes to inform shareholders of the implementation of several initiatives as a result of a recent annual cost review. The annual cost review was undertaken as part of a strategy to ensure overhead costs are appropriate and where possible excess overhead costs have now been eliminated or reduced.
Rox Resources Limited (ASX:RXL) ("Rox" or "the Company") is pleased to report a new nickel discovery from an aircore drilling program undertaken at its 100% owned Fisher East Nickel Project, 500km north of Kalgoorlie in Western Australia.
Rox Resources (ASX:RXL) recently released a very positive scoping study on its flagship Fisher East Nickel Sulphide Project in the Western Australian goldfields region, and also announced a new nickel sulphide discovery at its Sabre Project.
VIDEO PPR-TV: Total Nickel Inventory at Rox Resources' (ASX:RXL) Fisher East Project Increased By More Than 100%
Advanced Australian minerals exploration company, Rox Resources (ASX:RXL), has announced a maiden mineral resource for the Musket deposit which has boosted the total nickel inventory at Rox Resources' Fisher East project in Western Australia by more than 100%.