New Risk • Sep 27
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (59% average weekly change). Negative equity (-AU$1.2m). Revenue is less than US$1m. Market cap is less than US$10m (AU$14.5m market cap, or US$9.48m). Minor Risk Shareholders have been diluted in the past year (17% increase in shares outstanding). Anuncio • Sep 03
Mantle Minerals Limited, Annual General Meeting, Oct 21, 2025 Mantle Minerals Limited, Annual General Meeting, Oct 21, 2025. Anuncio • Jul 23
Mantle Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.25 million. Mantle Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 250,000,000
Price\Range: AUD 0.001
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Mar 12
New major risk - Negative shareholders equity The company has negative equity. Total equity: -AU$829k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.5m free cash flow). Share price has been highly volatile over the past 3 months (29% average weekly change). Negative equity (-AU$829k). Earnings have declined by 7.8% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$6.20m market cap, or US$3.90m). Anuncio • Oct 08
Mantle Minerals Limited, Annual General Meeting, Nov 26, 2024 Mantle Minerals Limited, Annual General Meeting, Nov 26, 2024. New Risk • Feb 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$12.4m (US$8.09m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.6m free cash flow). Share price has been highly volatile over the past 3 months (32% average weekly change). Earnings have declined by 6.4% per year over the past 5 years. Revenue is less than US$1m (AU$68k revenue, or US$45k). Market cap is less than US$10m (AU$12.4m market cap, or US$8.09m). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). Anuncio • Oct 24
Mantle Minerals Limited, Annual General Meeting, Nov 24, 2023 Mantle Minerals Limited, Annual General Meeting, Nov 24, 2023, at 11:00 W. Australia Standard Time. Location: Stantons 40 Kings Park Road WEST PERTH WA 6005 West Perth Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2023 together with the declaration of the Directors, the Director's report, the Remuneration Report and the auditor's report; to consider the Adoption of Remuneration Report; to consider the Election of Director – Johnathon Busing; to consider the Election of Director – David Greenwood; to consider the Approval of 7.1A Mandate; to consider the Ratification of prior issue of Shares – Listing Rule 7.1; to consider the Issue of Shares and Options to Related Party – Johnathon Busing; to consider the Issue of Performance Rights to Director – Nicholas Poll; and to consider other matters. New Risk • Sep 30
New major risk - Revenue and earnings growth Earnings have declined by 6.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.6m free cash flow). Share price has been highly volatile over the past 3 months (57% average weekly change). Earnings have declined by 6.4% per year over the past 5 years. Revenue is less than US$1m (AU$77k revenue, or US$49k). Market cap is less than US$10m (AU$12.3m market cap, or US$7.90m). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). Anuncio • Jul 04
Mantle Minerals Limited Appoints Robert Mosig as Non-Executive Director, Commencing in the Role Immediately Mantle Minerals Limited announced that it has appointed Robert Mosig as Non-Executive Director, commencing in the role immediately. Mr. Mosig, a geologist with over 50 years of experience in gold, platinum, diamond andspecialty metals was previously the founding Managing Director of Helix Resources Limited and Platina Resources Limited. He is currently a Non-Executive Director of Future Metals NL and Javelin Minerals Limited. Anuncio • Jan 20
Mantle Minerals Limited Announces Phase 2 Drilling Results from Pardoo Nickel Sulphide Project Mantle Minerals Ltd. announced that the second phase of drilling at the Highway nickel deposit within the Pardoo nickel sulphide project has returned wide intercepts of up to 68m grading 0.44 % Ni and 0.1 % Cu. These intersections confirm the results from phase one drilling and position the company to prepare for a Minerals Resource Estimate under the JORC (2012) code in the first quarter of 2023. Best intercepts include: CPRC017 68m @ 0.44 % Ni from 57m; CPRC023 111m @ 0.37% Ni from 159m; CPRC018 81m @ 0.39 % Ni from 102m; CPRC028 24m @ 0.43 %Ni from 138m; CPRC033 24m @ 0.41 % Ni from 176m. The mineralisation remains open both along strike and at depth. The Company previously announced completion of the 20-hole, 4157m Reverse Circulation (RC) drilling program at the Highway Deposit on 8th September 2022. This program was designed to infill existing drilling, increase the confidence in geological and grade continuity with the deposit, and to hopefully convert a substantial part of the mineralisation to JORC (2012) Indicated Resource status. Next Steps: Mantle has completed geological modeling for the Highway deposit, including for the new drilling intersections here, and is already proceeding with a JORC (2012) Mineral Resource Estimate, which is to be completed by the end of First Quarter 2023. Furthermore, the Company is currently reinterpreting surface and down hole geophysics to target additional nickel sulphide mineralisation and hopefully higher grades along strike from the Highway deposit. Recent petrographic and lithogeochemistry work on thin sections and multi element assays suggest that the nickel sulphide mineralisation at Highway strongly correlates with the occurrence of magnetite and has a detectable magnetic signature. This provides encouragement to follow up on existing magnetic anomalies within the Pardoo project as well as using existing down- hole electromagnetic data from Highway, to locate higher-grade nickel mineralisation along strike and at depth. The Pardoo Nickel Project comprises exploration tenements E45/5827 and E45/4671, about 120 kilometres East of Port Hedland, Western Australia. The Highway nickel copper sulphide deposit lies within the Pardoo shear on tenement E45/5827 and in 2010 was the subject of a non-JORC (2012) Inferred Resource estimate of 50mt @ 0.3% nickel and 0.13% copper (cut-off grade 0.1% Ni). The Highway Nickel occurrence was first identified by CRA Exploration Pty Ltd. (CRAE, now Rio Tinto Ltd) in 1991 after highly anomalous values of nickel and copper mineralisation were confirmed from extensive regional scale exploration. Exploration tenement E45/4671 lies to the east of the Highway deposit and is highly prospective for strike extensions of the Highway deposit. Anuncio • Dec 07
Caeneus Minerals Ltd Announces Board Changes Caeneus Minerals Limited advised the following changes and restructure of its Board. David Greenwood has joined the board as Non-Executive Director. Mr. Greenwood was educated in the UK and has worked internationally in the resources industry in exploration, production, marketing, business development and investment analysis. He has an in-depth knowledge and more than 35 years' broad based experience in the resources industry across a range of commodities including precious metals, base metals, industrial minerals, mineral sands, and bulk commodities. Mr. Greenwood has specific expertise in resources evaluation and financing, from exploration through to mine development, in addition to business development, minerals marketing and investor relations. Mr. Greenwood is currently Managing Director of Orange Minerals Limited and a Non- Executive Director of Argent Minerals Ltd. He was previously CEO of Godolphin Resources Limited based in Orange NSW and a former Director of Askari Metals Limited. Mr. Johnathon Busing has also joined the board as Non-Executive Director. Mr. Busing is an experienced Company Secretary and corporate advisor and acts as Company Secretary for several ASX listed Companies. Executive Director Mr. Nicholas Poll has assumed the role of Executive Chairman of the Company. The Company advises that Davide Bosio and Dean Tuck have resigned to pursue other business interests. The board thanks them for their contribution to the Company during their respective tenures. Board Change • Nov 16
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Chairman Davide Bosio is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Anuncio • Oct 28
Caeneus Minerals Ltd, Annual General Meeting, Nov 30, 2022 Caeneus Minerals Ltd, Annual General Meeting, Nov 30, 2022, at 15:00 W. Australia Standard Time. Location: Shaw and Partners, Level 20/108 St Georges Terrace, Perth WA 6000 WA Australia Agenda: To discuss FINANCIAL STATEMENTS AND REPORTS; to discuss ADOPTION OF REMUNERATION REPORT; to discuss ELECTION OF DIRECTORs; to discuss RATIFICATION OF PRIOR ISSUE OF PLACEMENT SHARES; and to discuss REPLACEMENT OF CONSTITUTION. Anuncio • Sep 20
Caeneus Minerals Ltd Announces Board and Management Changes As part of the Caeneus Minerals Ltd.'s strategy to increase its level of exploration activity across the various projects, a successful search process has resulted in the Company securing the services of a new Executive Director who will join the CAD Board. The Company announced the appointment of Nick Poll as Executive Director, effective immediately. Mr. Poll is an accomplished resources executive with over 30 years experience managing early-stage exploration projects through the development stage into full production. Mr. Poll started his career as a geologist with Western Mining Corporation where he worked under the leadership of Roy Woodall as a specialist geologist focused on gold and nickel both in Australia and overseas. Mr. Poll was the founding Managing Director of Mirabella Nickel Limited leading the exploration and discovery of one of the world's largest open cut nickel-sulphide mines. MBN achieved a market capitalisation of +$1 billion within a five-year period following discovery success progressing from an explorer into a producer. Current Chief Executive, Mr. Rob Mosig has not renewed his contract with the Company. Mr. Mosig will continue to work with CAD until the end of calendar year 2022 and will continue to work alongside the new management team to continue the Company's current programs and exploration initiatives. The board would like to acknowledge Mr. Mosig for his tireless efforts establishing the Company's Mallina Basin strategy. Mr. Poll's appointment further strengthens the technical team following the recent appointment of non-executive director Dean Tuck (announcement dated 13/07/22), and Charles Armstrong who is currently in the role of Exploration Manager. As part of this recent board transformation, non-executive director Mr. Peter Christie has resigned from the board and Mr. Kim Chng has retired, both effective immediately. Anuncio • Sep 08
Caeneus Minerals Ltd Announces Completion of Phase 2 Reverse Circulation Drilling Program on Pardoo Nickel Project Caeneus Minerals Ltd. announced that its Phase 2 Reverse Circulation (RC) drilling program on its wholly owned Pardoo Nickel Project has been completed. The drilling program follows on from the highly successful Phase 1 drilling completed by the Company which intersected thick and shallow Ni-Co-Cu-Pd mineralisation. The Phase 2 holes were designed to begin infilling an historical and potentially open-pittable region at a 50 x 50 m spacing whilst continuing to define down-dip extensions. Planned DHEM surveys will further test the continuity of the mineralisation at depth with the possibility of identifying off hole conductors which may vector to higher grade mineralsation within the ore body. The Phase 2 program comprised a total of 4157 m drilled for 20 RC drillholes bringing the total number of metres drilled by the company at Highway to 5865 m for a total of 34 RC drillholes. This new drilling is expected to provide the foundations for a JORC 2012 MRE which will be carried out by Entech Mining Consultants of Perth, WA. During the Phase 2 drill program the team from Entech visited the Highway deposit to observe the RC drilling and view the nickel sulphide mineralisation being logged in the company's RC chips. The first assay results are anticipated for late November, after which Entech will start it's MRE work which is estimated for completion by early February 2023. 4157 m drilled for a total of 20 RC drillholes; 4561 samples sent for geochemical analysis; First assay results expected by late November; 5 priority deep RC drill holes successfully cased for DHEM surveying; Southern Geoscience Consultants (SGC) engaged to conduct a geophysical review of the Pardoo tenements and model EM plates from down-hole data; Entech Mining Consultants completed site visit for JORC (2012) compliance prior to a new Mineral Resource Estimate (MRE) commencement. Recent Insider Transactions • Aug 15
Non-Executive Chairman recently bought AU$250k worth of stock On the 11th of August, Davide Bosio bought around 50m shares on-market at roughly AU$0.005 per share. This was the largest purchase by an insider in the last 3 months. This was Davide's only on-market trade for the last 12 months. Anuncio • Jul 28
Caeneus Minerals Ltd Announce Second Major Drilling Program Underway At Pardoo Caeneus Minerals Ltd. announcde that its Phase 2 Reverse Circulation (RC) drilling program for the renewed evaluation of its wholly owned Pardoo Nickel Project has commenced. The new drilling program follows on from the highly successful Phase 1 drilling completed on 11 April this year, where the Company's drilling confirmed historical shallow and thick Ni-Co-Cu-Pd mineralisation outlined by CRA Exploration Pty Ltd. and Segue Resources in the late 1990's to early 2009. The Phase 2 RC program has been contracted to Impact Drilling Services of Perth, with over 30 new in-fill drill holes planned for completion. In addition, several drill holes will be further evaluated with a Down Hole Versatile Time Domain Electromagnetic (VHTEM) system to obtain more information about the depth extensions to the sulphide mineralisation encountered in previous drilling campaigns. In addition to further metallurgical and geological information, the new Phase 2 RC campaign is expected to provide the requisite in-fill drilling needed to complete a Mineral Resource Estimate (MRE) compliant to JORC (2012) specifications. During the next 6 to 9 months, the Company will engage with it's resource consultant to complete an updated MRE in conjunction with its metallurgical and mineral characterisation studies currently being conducted. Anuncio • Jul 13
Caeneus Minerals Ltd Appoints Mr. Dean Tuck as Non-Executive Director The board of Caeneus Minerals Ltd. announced the appointment of Mr. Dean Tuck as Non-executive Director of the Company effective immediately. Dean is an experienced geologist having worked across a wide range of commodities in Australia, Brazil and Southeast Asia from project generation through to resource evaluation. Dean has held senior level positions ranging from private companies to BHP Billiton and ASX listed junior explorers. Dean has been involved in several discoveries covering Cu-Ag-Au-Co massive sulphide, REE ironstones, REE-Nb-Phosphate carbonatites, orogenic gold, LCT pegmatites and iron ore. Dean is currently the Managing Director at Dreadnought Resources Ltd. Mr. Tuck will join the board as an independent Non-executive Director. His appointment to a casual vacancy on the board is to be confirmed by shareholders at the Company's AGM likely to be held in November 2022. Anuncio • Jun 29
Caeneus Minerals Ltd Announces Receipt of the Final Assay Results from Its Phase 1 Reverse Circulation Drill Program over the Historical Highway Ni-Co-Cu-Pd Deposit in the Highly Prospective Goldsworthy Greenstone Belt, in the Pilbara Region of Western Australia Caeneus Minerals Ltd. announced receipt of the final assay results from its Phase 1 reverse circulation (RC) drill program over the historical Highway Ni-Co-Cu-Pd deposit in the highly prospective Goldsworthy Greenstone Belt, in the Pilbara region of Western Australia. The Company's recently completed drilling programme has provided a valuable insight and in-depth understanding into the geochemical and structural controls on the core Ni-Co-Cu-Pd mineralisation and the higher grade solely copper intercepts identified within the metasediment footwall. In particular, core Ni-Co-Cu-Pd mineralisation appears to be tightly constrained within a hanging wall layered schist which provides the Company with confidence that the reported significant mineralisation encountered at shallow depths should also be present at greater depths where this same host lithology continues. A geological interpretation of the wide and shallow mineralisation at the Highway deposit is shown in cross sections AA' and BB'. Strategic Metallurgy Pty Ltd, an experienced Perth based nickel flotation expert, has now been engaged by the Company to conduct a characterisation and flotation testwork programme on a representative sample of fresh sulphide cuttings from the Phase 1 drill program at Highway. The primary objectives of this testwork is to: Conduct a mineralogy assessment, Determine feed characteristics, Determine flotation response and base metal and PGE recoveries, Investigate the option to produce separate copper and nickel flotation concentrates by sequential flotation, Provide a commercial base-line flow sheet. This metallurgical work is considered comprehensive and will support the ongoing development and further assessment of the project. The results of this test work is expected to be completed in September. The Company is also pleased to confirm that a new drilling programme will commence contemporaneously with the metallurgical studies. Commencing in late July-August, a further 5000 m RC drill program tender has been awarded to Impact Drilling Services where a follow up resource definition program will concentrate on infilling the deposit to a 50 x 50 m grid spacing which will provide sufficient data for the estimation of a JORC 2012 maiden resource. This larger follow-up program is expected to be completed in September with assay results starting to be received in late November. Approval for the Highway regional targeting Program of Work (POW) is still underway with the company aware of a current backlog within the Department of Mines Industry and Regulation (DMIRS). Regional target T1 continues to remain a high priority follow up drill target for the Company. Historical drilling in 2007 by the Segue Resources & Mithril Resources JV highlighted the following intercepts: RC07HW025 (Hole ended in mineralisation). 14m @ 0.10% Co from 152m, Including 1m @ 0.18% Co from 152m, 64m @ 0.33% Cu from 80 m. This drillhole result is isolated and a follow up fence line of drill holes is required to determine the width and extent of the Co-Cu mineralisation which is situated directly along strike from the main Highway ore body. Whilst the proposed resource definition drilling remains of paramount importance and priority, the Company expects to further evaluate T1 later this year. Anuncio • Jun 08
Caeneus Minerals Ltd Announces Receipt of Partial Assay Results from its Phase 1 Reverse Circulation (RC) Drill Program over the Historical Highway Ni-Co-Cu-Pd Deposit in the Highly Prospective Goldsworthy Greenstone Belt, in the Pilbara Region of Western Australia Caeneus Minerals Ltd. announced receipt of partial assay results from its Phase 1 reverse circulation (RC) drill program over the historical Highway Ni-Co-Cu-Pd deposit in the highly prospective Goldsworthy Greenstone Belt, in the Pilbara region of Western Australia. The project area is located approximately 120 kilometres east of Port Hedland. The new RC drilling program which was completed in early April this year, focussed on further defining the economic footprint of the Highway deposit which was discovered by CRA Exploration Pty. Ltd. in the early 1990's. In particular, the Company's April 2022 drilling program heralds the commencement of more drilling campaigns this year focussing on resource potential together with strike and depth mineralisation extensions to the Highway deposit. To date, the Company has now received approximately 45% of the total analytical results from 1 metre samples submitted to ALS laboratories in Perth. Out of the total 14 holes drilled several have already returned significant mineralisation including anomalous palladium which had not been consistently assayed by earlier explorers. The Company's best assay result to date was encountered in CPRC003 which intersected an interpreted sheared NE trending ultramafic schist/banded iron formation (BIF) contact. This drill hole was mineralised from surface collaring into an obscured nickeliferous gossan before encountering semi-massive-disseminated pyrrhotite-chalcopyrite-pentlandite at depth. Hole CPRC010 intersected thick disseminated pyrrhotite-chalcopyrite mineralisation at depth and similar to CPRC003 is hosted by an ultramafic schist in contact with a BIF. This footwall BIF outcrops at surface in the field to the south-east of the mineralisation. The sheared BIF most probably indicates a relaxed thrust fault which has sourced mineralised fluids from deeper within the mantle. In addition to the Company's new RC drilling, a thorough review of all historical drilling has led to the identification of two new regional targets situated along strike from the main ore body. The thick higher grade Co mineralisation in RC07HW025 is a high priority target (T1) located 350 m SW of the Highway Deposit. T1 also provides an opportunity to conduct extensional drilling that may add significantly more Co to the historical resource. The Company's recently submitted PoW covers drilling of both regional targets. Historical significant intercepts include: RC07HW001: 33m @ 0.43% Ni from 62-95 m; 30m @ 0.61% Ni from 113-143 m; Including 1m @ 1.18% Ni from 126-127 m; Hole ended in mineralisation. RC07HW004: 30m @ 0.56% Ni from 123-153 m; Including 1m @ 1.10% Ni from 125-126 m; 1m @ 1.01% Ni from 136-137 m; 1m @ 1.13% Ni from 147-148 m; 11m @ 0.12g/t Pd from 29-40 m. RC07HW010: 80m @ 0.44% Ni from 26-106 m; Including 19m @ 0.76% Ni from 71-90 m; 47m @ 0.16g/t Pd from 25-72 m; 1m @ 1.15% Cu from 77-78 m. The Company's new assay results add confirmation to historical drilling completed between 1991 and 2008 by CRA Exploration and the Segue/Mithril Resources JV and support the historical inferred JORC 2004 resource estimate which was updated by Snowden in 2010. These recent assays also significantly de-risk the project by providing an evaluation of historical work that was completed on the deposit and increase the company's geological understanding of the shallow and large mineralised system. Upon receipt of the remainder of assays, a representative number of RC bulk samples will be sent for metallurgical, mineralogical, and petrological evaluations. Further drilling will be carried out later this year and will focus on defining a higher-grade core and increasing the strike length of the ore body providing the basis for a maiden JORC 2012 Mineral Resource estimate. Anuncio • May 27
Caeneus Minerals Ltd, Annual General Meeting, Jul 12, 2022 Caeneus Minerals Ltd, Annual General Meeting, Jul 12, 2022, at 10:30 W. Australia Standard Time. Location: Shaw and Partners, Level 20, 108 St Georges Terrace Perth Western Australia Australia Agenda: To consider ratification of prior issue of shares and options - March placement; to consider issue of shares and options to directors;. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Peter Christie was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Apr 11
Caeneus Minerals Ltd Completes Phase 1 Drilling at Pardoo Nickel Project Caeneus Minerals Ltd. announced that its Phase 1 RC drilling program for the renewed evaluation of its wholly owned Pardoo Nickel Project has now been successfully completed. The drilling for 2022 heralds the commencement of resource infill and extensional campaigns aimed at defining the economic footprint of the Highway Ni-Cu-Co occurrence. This initial Phase 1 RC program was contracted to Mt Magnet Drilling, with the main aim of the drilling to investigate shallow nickel and PGM mineralisation identified from historical drilling. The drilling program also tested the continuity of down-dip mineralisation in the northern part of the occurrence and a possible repeat of the nickel mineralisation to the north-east. A total of 14 RC holes were drilled during the Phase 1 program which intersected metasediments and altered ultramafic lithologies. In general, drilling sample recoveries were very good. All drill samples have been delivered to the Company's analytical laboratory located in Perth where approximately a 12-week turnaround time is expected for receipt of analytical results. Pending laboratory availability, the company may consider forwarding a certain number of drill holes for rush order to expedite results. Anuncio • Mar 10
Caeneus Minerals Ltd Provides Exploration Update and Placement on Pilbara Projects Caeneus Minerals Ltd. provided an exploration update on its highly prospective gold and base metals projects located in the Pilbara region of Western Australia. Roberts Hill Gold Project The Company has now designed and submitted a follow up series of 150 m deep RC fence line holes to test anomalous gold intersected in the Company's 2021 AC maiden drill program. The holes are designed to systematically test the scale and morphology of deeper sheared and mineralised bedrock intersected in previous AC drilling. PoW submitted for ~1200 m follow-up RC drilling at the Roberts Hill gold project Roberts Hill drilling will test 5 separate AC gold targets including: RHAC147: 4 m @ 0.42 g/t Au from 80-84 m. RHAC176: 4 m @ 0.10 g/t Au from 4-8 m . PoW approved for RC resource infill & extensional drilling at E45/5827 within the Company' .100% owned Pardoo Ni-Cu-Co deposit Commitments received for a $1.7mil placement to fund ongoing exploration initiatives. The Phase 1 Pardoo RC drill program will focus on 50 m resource infill drilling to upgrade the historical Ni-Cu-Co resource to JORC 2012 measured and indicated classifications. Whilst the Company plans to drill several new potential resource extensional holes, the initial focus of the PoW is to gain confidence by confirming the historical drilling and gain a strong understanding of the deposit geology and structural controls for the nickel mineralisation. The Company is conscious that its PoW activities coincide with robust nickel prices @ USD $28,596/tonne). The Company has made plans to commence earthworks and drill pad clearing for an initial 2000 m of RC drilling commencing mid-March. Further information will be provided in relation to potential follow up initiatives as this program develops and results are interpreted by the team. Permitting for the Mt Berghaus tenements continues to progress, albeit slowly. The company is optimistic the DMIRS will grant the western portion of the Mt Berghaus tenements (E47/5896 and E45/5899) in the second quarter of 2022 . Proposed aircore (Mt Berghaus) and RC (Roberts Hill) drilling will be conducted contemporaneously shortly after the granting of the Mt Berghaus tenement. In order to fund the program of work at Pardoo and future programs in the Mallina Basin, the Company has received firm commitments from sophisticated and professional investors to complete a placement of $1.7 million via the issue of 340,000,000 fully paid ordinary shares at a price of $0.005 with an attaching listed option. Anuncio • Mar 07
Caeneus Minerals Ltd. Announces Resignation of Johnathon Busing as Director Non-Executive Resignation Caeneus Minerals Ltd. Announces that Johnathon Busing has resigned from his role as Non-executive Director to focus on other business interests. Mr. Busing will remain involved with the Company as its Company Secretary. The board would like to thank Mr. Busing for his service and commitment to the Company. Anuncio • Jan 25
Caeneus Minerals Ltd Announces Results from First Pass Exploratory Air Core Drill Program on its Roberts Hill Gold Project in Highly Prospective Mallina Basin, Pilbara Caeneus Minerals Ltd. announced results from the first pass exploratory air core (AC) drill program on its Roberts Hill Gold Project in the highly prospective Mallina Basin, Pilbara. The company completed the AC drill program in late October 2021 and has now received all analytical results from 4 metre composite samples submitted to ALS Laboratories in Perth. A comprehensive multi-element protocol (AuME-TL44) was selected for lithogeochemical and vectoring purposes. Of the total 197 holes drilled, the Company previously reported that 84 of these holes terminated in sulphide accumulation across the prospective areas targeted in this drilling campaign. Several holes returned anomalous results for gold as well as a number of shallow intercepts confirming silver mineralisation. The best mineralized intercept was encountered in RHAC147 which lies within an interpreted NW trending shear zone crosscutting a sediment/granite contact. As this is the maiden campaign across a prospective region never drilled before in the Pilbara, exploration holes have been spaced at 200 metres across the various target zones. The Company will now focus on these areas of mineralisation to determine whether a follow up program incorporating E-W closely spaced fence line traverses may reveal the potential for continuity across the Roberts Hill tenure. The Company has added the mineralised intersection in RHAC147 as a new bedrock exploration target within an expanding Mallina Basin exploration portfolio. These mineralised areas of interest will be revisited as part of a broad secondary drilling program also incorporating the eastern portion of the Roberts Hill tenements and the Mt Berghaus applications that currently remain in a pending status. The Company has now concluded its maiden exploration campaign across Roberts Hill in the Pilbara. The team are working diligently to interpret the significant technical data received from this initiative whilst formalising the schedule for activity to continue over the weeks and months ahead. It is anticipated that the Company will continue to build momentum across its Pilbara tenements and looks forward to providing ongoing updates to shareholders as ongoing programs are finalised and in the case of Mt Berghaus, as tenements are granted and prepared for exploration. Anuncio • Jan 18
Caeneus Minerals Ltd Provides Update on the Lithium Brine Projects Located in Nevada, USA Caeneus Minerals Ltd. provided an update on the company's lithium brine projects located in Nevada, USA. During the preceding 12 months, the Company has been conducting historical technical data reviews as well as evaluating its further corporate options for the two 100% owned lithium brine projects, Columbus Marsh and Rhodes Marsh, which it holds within the lithium-producing Clayton Valley region in Nevada, USA. During 2021, the Company received interest from third parties regarding its Columbus Marsh and Rhodes Marsh projects which are located respectively 50 kilometres and 70 kilometres north-west of Albemarle Corporation's Silver Peak Mine. Silver Peak is North America's only producing lithium brine deposit, and has been in continuous operation since 1966. The CAD Lithium projects are also located 50 kilometres and 70 kilometres respectively north of Ioneer Limited and it's Rhyolite Ridge Lithium Boron Deposit. The Company review has highlighted the opportunity to build on relatively minimal and inconclusive exploration activity across both projects. Given this, the Board has concluded that the best method for creating shareholder value is to focus on a recommencement of targeted exploration activities in the first half of 2022. To maximise efficiency in its efforts given the cross border challenges in the current global situation, the exploration program and development of the projects will be conducted by a joint collaboration between the Caeneus Australian technical team who will oversee the program and the Company's North American-based geological consultants who are best positioned to complete all `on- ground' activity. Initially, further geophysics is planned ahead of additional drilling which to date, comprises a total of just one drill hole at Columbus Marsh and no historical drilling at Rhodes Marsh. Historic exploration activities by CAD occurred in 2017 and only focussed on Columbus Marsh, where a single drill hole was completed after a localised gravity and magnetotelluric survey. Lithium analyses from the drill hole indicated brine assays ranging between 56 mg/l to 96 mg/l.1 These results are considered encouraging and require further drilling to test other stratigraphy and untested geophysical features. As a guide, the Silver Peak mine produces a lithium brine grade of 150 mg/l to 200 mg/l. The Company's Rhodes Marsh project which is approximately 15 kilometres north-west of Columbus Marsh has not been the subject of any exploration activity. A small magnetotelluric survey will be considered as a prelude to a small drilling program. It is the Company's intention to explore the USA Lithium projects alongside its prospective gold Roberts Hill and Mount Berghaus projects in the Pilbara region of Western Australia. Plans for the Company's 2022 exploration efforts in the Mallina Basin will be released in the coming weeks, after the Company receives its results from recent drilling. Anuncio • Nov 29
Caeneus Minerals Ltd Provides Roberts Hill Results Update Caeneus Minerals Ltd. provided an update on the anticipated assay results from the drilling program completed and additional activities at the highly prospective Roberts Hill Project in the Mallina Basin, Pilbara WA. Further to the update provided on 28 October 2021, the Company has received notification from the independent assay laboratory confirming that the receipt of sample assays from its air-core drilling program are now anticipated sometime between mid-December 2021 and mid-January 2022. Based on the requirement to interpret and then report these results once received, the Company remain confident that this revised timing update will be achieved and remain optimistic in relation to understanding the geological potential of this strategic asset located within 5 kms of the Hemi Project owned by De Grey Mining Ltd. Anuncio • Aug 27
Caeneus Minerals Ltd announced that it expects to receive AUD 0.014 million in funding Caeneus Minerals Ltd announced a private placement of 2,000,000 shares at a price of AUD 0.00700 per share for gross proceeds of AUD 14,000 from sophisticated and professional investors on September 7, 2020. The company will also issue option exercisable at AUD 0.00001 on or before December 31, 2023. Anuncio • Aug 25
Caeneus Minerals Limited Provides Roberts Hill Drilling Update Caeneus Minerals Limited provided the following drilling update from its maiden drilling program at E47/3846, Roberts Hill, in the highly prospective Mallina Basin, in the Pilbara craton of Western Australia. To date, approximately 25% of the 20,000 metre air-core drilling program has been completed. The Company has identified six prospective areas of the Roberts Hill exploration project for immediate evaluation in this Phase 1 air-core drilling program. Additional drill targets on the Roberts Hill tenement have been identified, however, these features will be assessed in conjunction with the granting of the Company's adjacent Mt Berghaus tenement into which they continue. The phase 1 air-core drilling program commenced around Zone A in early August. Drilling in this area has since been completed and the rig has now moved to zones B, C and D to the south. The drilling at Zone A, which is of an exploratory nature has been conducted on approximate 300 metre spacings along existing fence lines and tracks. The main exploration focus at Zone A appears to be an unusual anticlinal structure, some 2 square kilometres in area, with a gentle plunge to the south-south-east. On the eastern flank of the anticlinal structure, an irregular-shaped apophysis is clearly identifiable from the Company's recent low-level airborne geophysical survey. Over twenty drill holes around Zone A contain disseminated sulphides most probably associated with this anticlinal feature. Whilst the occurrence of sulphides in this part of the Mallina Basin is not unexpected, some of the lithologies and quartz veination observed in the drilling has prompted the Company to prepare a new PoW for deeper percussion and/or diamond drilling to further elucidate these observations and assist in the understanding of the geological and geophysical model for Zone A. Additionally, a 4 square kilometre IP survey covering part of Zone A is also planned for immediate commencement should ground teams be available. Drilling has now commenced on lines cleared for drill access south of Zone A designated as Zones B, C and D. The Company will provide further updates when this zone is completed. The Company has been working closely with Southern Geoscience to further evaluate the airborne geophysical signatures covering a most likely intrusive feature at Zone E. Prospecting, mapping and clearing of new drill tracks has identified highly brecciated, silicified and bleached outcrop. Whilst the occurrence of outcrop in this part of the tenement is unusual, the Company looks forward with interest to the upcoming air-core drilling of this feature during its current Phase 1 activities. Anuncio • Mar 06
Caeneus Minerals Ltd. Announces Board Changes Caeneus Minerals Ltd. announce that Mr. Teow Kim Chng has been appointed as a Non-Executive Director of the Company. Mr. Chng is a Certified Practicing Accountant with over 40 years experience. Mr. David Sanders has tendered his resignation as Non-Executive Director, effective immediately. Mr. Sanders was appointed on 7 December 2018. Executive Departure • Mar 06
Non-Executive Director has left the company On the 4th of March, David Sanders' tenure as Non-Executive Director ended after 2.2 years in the role. As of December 2020, David personally held 25.00m shares (AU$200k worth at the time). David is the only executive to leave the company over the last 12 months. Anuncio • Jan 22
Caeneus Minerals Ltd Provides Update on USA Lithium Projects Caeneus Minerals Ltd. announced that during the first quarter of 2021 it will commence a review and assessment of its lithium brine projects in Nevada USA. The review comes at a time when a potential resurgence in sustained lithium demand and price is likely. Columbus Marsh: In 2016 Caeneus discovered highly anomalous concentrations of lithium brines within a shallow aquifer at the Columbus Marsh Project. Columbus Marsh contains a large mature saline basin surrounded by epithermal hot springs. In November 2017, the Company announced the completion of its drill campaign at Columbus Marsh, further lithium brines were encountered. The Company encountered highly anomalous lithium brine concentrations which included an interval 79.25 to 103.63 meters at an average of 80.78 mg/l lithium with a peak value of 95.9 mg/l lithium. Rhodes Marsh: The Rhodes Marsh basin, is located approximately 15km north to northwest of the Company's Columbus Marsh Project. The Company believes that the Rhodes Marsh Project holds many similarities to such basins as Columbus Marsh and the Clayton Valley. Both the Company's projects are in the vicinity of other significant lithium projects. Anuncio • Sep 12
Caeneus Minerals Ltd announced that it has received AUD 2 million in funding On September 11, 2020, Caeneus Minerals Ltd (ASX:CAD) closed the transaction. Anuncio • Sep 08
Caeneus Minerals Ltd announced that it expects to receive AUD 2 million in funding Caeneus Minerals Ltd (ASX:CAD) announced a private placement of 200,000,000 shares at a price of AUD 0.01 per share for gross proceeds of AUD 2,000,000 from sophisticated and professional investors on September 7, 2020. The company will also issue option exercisable at AUD 0.015 on or before December 31, 2023. Anuncio • Aug 10
Caeneus Minerals Ltd Announces Appointment of Rob Mosig as CEO Caeneus Minerals Ltd. announced appointment of Rob Mosig as CEO. Mr. Mosig, a geologist with over 30 years of experience in gold, platinum, diamond and specialty metals was previously the founding Managing Director of Helix Resources Limited and Platina Resources Limited. Mr. Mosig will also assist the Caeneus Board with corporate matters as they arise. 