Board Change • Apr 13
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Fabio Vergara was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 17
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Fabio Vergara was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 05
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Fabio Vergara was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Dec 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$4.11m market cap, or US$2.74m). Annuncio • Sep 26
Parabellum Resources Limited, Annual General Meeting, Oct 28, 2025 Parabellum Resources Limited, Annual General Meeting, Oct 28, 2025. Location: at the offices of the company, 52 ord street, west perth, Australia Board Change • Aug 19
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Fabio Vergara was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Aug 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$529k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$529k free cash flow). Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m (AU$69k revenue, or US$45k). Market cap is less than US$10m (AU$3.49m market cap, or US$2.24m). Board Change • Jan 29
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Fabio Vergara was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 10
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Fabio Vergara was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 05
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Fabio Vergara was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Oct 28
Parabellum Resources Limited, Annual General Meeting, Nov 26, 2024 Parabellum Resources Limited, Annual General Meeting, Nov 26, 2024. Location: 52 ord street, west perth, wa 6005, Australia New Risk • Sep 20
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$1.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$1.2m free cash flow). Shares are highly illiquid. Revenue is less than US$1m (AU$86k revenue, or US$59k). Market cap is less than US$10m (AU$3.49m market cap, or US$2.38m). New Risk • Sep 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Revenue is less than US$1m (AU$750 revenue, or US$501). Market cap is less than US$10m (AU$3.12m market cap, or US$2.08m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Board Change • Feb 26
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. 3 non-independent directors. Independent Non-Executive Chairman Mark Hohnen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 12
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. 3 non-independent directors. Independent Non-Executive Chairman Mark Hohnen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Oct 25
Parabellum Resources Limited, Annual General Meeting, Nov 28, 2023 Parabellum Resources Limited, Annual General Meeting, Nov 28, 2023, at 14:00 W. Australia Standard Time. Location: 52 Ord Street, West Perth Western Australia Australia Agenda: To consider the Annual Report of the Company and its controlled entities for the financial year ended 30 June 2023, which includes the Financial Report, the Directors' Report and the Auditor's Report; to consider remuneration report; to consider election of Director - Mr. Peter Secker; to consider approval of 10% Placement Facility; and to consider other matters. Annuncio • Feb 13
Parabellum Resources Limited Delivers its Maiden JORC Mineral Resource Estimate (MRE) for the Khotgor REE Project in Mongolia Parabellum Resources Limited delivered its maiden JORC Mineral Resource Estimate (MRE) for the Khotgor REE Project in Mongolia. As previously announced, Parabellum has entered into an agreement with Temarise Limited (UK) that holds the exclusive option to acquire 80% of Khotgor Project, Mongolia. Parabellum now holds 30% of the fully diluted issued capital in Temerise, after paying AUD 3,900,000 across four tranches, completing in January 2023. Details of the subscription agreement an be found via the ASX platform announced on 4th August 2022. The results reported from this MRE continue to demonstrate the large scale and attractive grade of the Khotgor project. This marks a very positive development in the company's plans to finalise the initial Scoping study due in Q2, 2023 and subsequently move into the Definitive Feasibility Study (DFS) stage of the project. Summary: The Khotgor REE Project (Licence MV-015631) is located approximately 530 km south-southwest of Ulaanbaatar and about 65 km north of Dalanzadgad, which is the centre of the South Gobi province of Mongolia. The Project area is relatively flat with a relief of approximately 3040 m; it is sparsely vegetated with grasses and low shrubs. The Khotgor REE Project is covered by the Khotgor mining licence MV-015631. The Khotgor REE Project mineralisation is associated with an intrusive event during the Jurassic. Khotgor is located within the Mandalovoo Terrane, which is located south of the Main Mongolian lineament. The Khotgor REE deposit is hosted within nepheline syenites of upper to late Jurassic age (161136 Ma). It is a relatively vertical, cylindrical body with a steep plunge to the north. It appears that britholite and apatite contain more than 90% of the contained REE at Khotgor. The minor minerals amount of REE Minerals are bastnaesite, titanite and synchysite. Apatite and britholite occurs intergrown as a mineral blend. Uranium and thorium can also substitute for calcium in the mineral matrix. Gangue minerals are sulphides (mainly pyrite and pyrrhotite with minor/trace galena, chalcopyrite and sphalerite) and biotite. Several phases of exploration work were carried out at Khotgor between 2005 and 2012. This work included some targeted ground-based geophysical surveys, the drilling of 59 diamond drill holes over four campaigns comprising 16,588, sampling and analysis for REE's and petrography and the estimation of a MRE prepared to the JORC 2004 (Hellman & Schofield (H&S), 2013). In 2022, Temarise Limited completed an exploration program as part of a project evaluation and Mineral Resource reassessment. This program comprised 14 diamond PQ diameter holes, for a total of some 2,000.85 metres and 7 surface trenches. Of the 14 holes, 11 holes were submitted for chemical analysis, comprising 1,093 samples covering 1,394.85m of core. SRK used lithological and structural shells generated in LeapfrogTM 3D modelling package to model the domains for constraining the block grade estimation. SRK observed that mineralisation has a strong lithological and structural control. High grade is associated with lithology types logged as biotite altered syenite, apatite-magnetite-pyrite veins, volcanic porphyry (APM_ASB_VP) and polymictic breccia (PBX). Low grade is associated with K-feldspar altered syenite (ASK). Results: SRK generated a series of pit shells using Whittle software. The analysis was based on the TREO_Y grade only. The mining and processing assumptions were initially based on an understanding of current Mongolian open pit mining operations and from metallurgy assumptions for Khotgor Resource provided by Krebs (January 2023). Drillholes in 2022 were downhole surveyed with instruments at 50 m intervals. Tables of all drillhole collars, dip, azimuth and depth information are provided in Parabellum's ASX announcement dated 1 February 2023. The data from the 2022 drilling using a cut-off grade of 0.5% TREO is presented in Parabellum's ASX announcement dated 1 February 2023. SRK identified a number of potentially useful elements separate to the Khotgor resource estimate which will be followed up in future studies, including some 5.5 million tonnes of P2O5, which will be evaluated as a possible fertiliser product at the DFS stage. Annuncio • Feb 01
Parabellum Resources Limited Provides an Update on the 2022 Diamond Drilling Program At Khotgor REE Project in Mongolia Parabellum Resources Limited provided an update on the 2022 diamond drilling program at Khotgor REE Project in Mongolia. As previously announced on 4th August 2022, Parabellum has entered into an agreement with Temarise Limited (UK) that holds the exclusive option to acquire 80% of Khotgor Project, Mongolia. The results reported from this drilling program demonstrate the large scale and attractive grade of the Khotgor project. This marks a very positive development in the company's plans to finalise the initial Scoping study due in second quarter 2023. Summary of Drill results: The Khotgor 2022 drilling comprised 14 diamond PQ diameter holes, for a total of some 2,000.85 metres. Of these holes, 11 holes were submitted for chemical analysis, comprising 1,093 samples covering 1,395m of core. Three (3) holes were twin holes from previous drilling and the core was not analysed, as this core is being stored as whole core for future comminution and metallurgical testwork at the assessment of potential Feasibility stage of the project, to be undertaken later in 2023. The holes contain mineralisation with significant intersections of rare earths grades over 0.5% REO, with broad intersections of low radioactive (U+Th) material over most of the holes. Some of the holes ended in mineralisation which may be further evaluated in a proposed drilling program later in the year. These results from this drilling program are now being incorporated into the geological database. In addition, metallurgical testwork and engineering design is ongoing. Annuncio • Jan 17
Parabellum Resources Limited Provides Update on New South Wales Exploration Program Parabellum Resources Limited updated shareholders on its New South Wales exploration program. NSW project update: The Redlands/Whitbarrow, Recovery and Lunns Dam Projects in the Tottenham- Girilambone district comprises four granted exploration licenses covering approx. 690km²; and the Obley Project in the Yeoval district comprises one granted exploration license covering approx. 180km². With the majority of the ground electromagnetic program completed late in CY2022, pleasingly the final stage of this program has now commenced 3 weeks ahead of the original schedule. Once completed, final modelling and interpretation of the data will be finalised to allow the EM targets to be ranked for drill testing. Applications to permit drilling (Environmental Assessment of Exploration Activity) were submitted by the NSW exploration team to the NSW Resources Regulator in December 2022, with approvals expected in the near-term. The Company is disappointed that the extraordinary weather conditions in NSW over the last 6 months have delayed the Company's exploration program on its NSW assets which was detailed in its IPO prospectus. The Company has explained the divergence from its IPO budget in its quarterly announcements. However, with improving weather conditions, the Company is confident it will now be able to accelerate its exploration of these assets. Maiden Drill program: The Company is currently engaging with three drilling companies that have active programs in the region. Best endeavours will be made to collaborate with neighbouring exploration companies to reduce mobilisation and de-mobilisation costs. Subject to the weather conditions remaining dry, an RC drilling program on the high priority EM targets is scheduled to commence in late Q1CY2023. Annuncio • Dec 13
Parabellum Resources Limited Provides an Update on the Key Developments Across Its Copper-Gold Projects in Central NSW and Activities At the Khotgor REE Project in Mongolia Parabellum Resources Limited provided an update on the key developments across its copper-gold Projects in central NSW and activities at the Khotgor REE Project in Mongolia. The Company has been busy with the current geophysics programs in NSW refining drill targets for the maiden program due to commence in Q12023. Further progress has been made at the Khotgor REE Project with the commencement of construction of an REO Pilot plant in the UlaanBaatar to further progress the development of the Project. This marks a very positive development in the company's plans to move swiftly into an accelerated Bankable Feasibility Study (BFS) following the initial Scoping study due in Second Quarter 2023. NSW project update: Ground EM was completed on three targets at the Whitbarrow & Redlands Projects in November. Preliminary interpretation of the data indicates no strong, clear bedrock conductors have been defined at the Redlands, W1 & W2 targets. Modelling of the targets is currently in progress to determine whether the targets are worthy of drill testing. Now that the crops have been harvested, further ground EM at Lunns Dam and Redlands Projects (L1, Miandetta, R2 & R3 targets) is scheduled to commence mid-December and to be completed before the end of December 2022. Subject to the weather remaining dry into 2023, an RC drilling program on the high priority EM targets is scheduled to commence early in Q1CY202. Khotgor Project update: The Khotgor Project development timetable is based on the completion of the initial Scoping Study by Q2, 2023 and then moving into a Bankable Feasibility Study (BFS) for completion in 2024. As part of the preparation for the BFS, the company completed a metallurgical bulk sample drilling program in October this year to collect an initial metallurgical bulk sample for part of the BFS testwork program. Over the next 18 months the company will continue to develop and optimise a process flow sheet to produce rare earth oxides (REE/REO) for the electric vehicle and wind turbine industries. In order to ensure that the intellectual property, operations expertise and technical data that is gained from this work is kept in PBL, the company is currently setting up own pilot plant in Ulan Bataar to process some of the bulk sample ores that will continue to be collected from Khotgor over the next few years. Annuncio • Nov 25
Parabellum Resources Limited Announces Metallurgical and Mineral Resource Estimate Progress Update Parabellum Resources Limited announced update shareholders on the excellent progress the company has made on the mineral resource estimate (JORC 2012), metallurgical test work and engineering design which form the key deliverables items required in the Scoping Study. The 2,000 meter infill and bulk sampling program was completed in mid-October and all core samples have now been sent for REO analysis. It is anticipated that all assay results will be completed before the end of the year and then modelling for a new Mineral Resource Estimate (MRE) under the new JORC 2012 standard will be undertaken. Subject to receiving all of the assays back before the end of the year, it is anticipated that the updated MRE will be available in first quarter 2023. Metallurgical Testwork: Metallurgical test work on a 1.3 tonne bulk sample from Khotgor has been underway at ALS Perth, Western Australian laboratories over the past 6 months. Initial flotation test work has indicated good extractions of rare earths and good filtration properties. Rare earth extraction was >85%, which is a very positive outcome when benchmarked against historical REE test work. Optimisation flotation work is ongoing to try and increase REO recoveries. Hydrometallurgical test work is now underway to produce an intermediate carbonate or chloride product, prior to final REO/NdPr separation. Initial test work has indicated that REO recoveries >90% can be achieved for this stage. The next phase of test work will be undertaken early in the new year to focus on production of individual REO oxide streams, with a focus on the NdPr mineral suite. Engineering Design: Mine design and project engineering design for the Scoping Study will commence in the next quarter to meet the Scoping Study schedule. This work will be undertaken in Perth, with assistance from engineering consultants in Mongolia. Preliminary discussions with suppliers have indicated are that there continues to be price escalation at both the equipment and consumable level as the impact of increases in fuel, steel, energy, labour, chemicals, reagents and transport can no longer be absorbed by suppliers. Significant natural resource demand, specifically in the battery metals and commodities, has also resulted in production constraints at key equipment suppliers and is contributing to longer delivery times and increased equipment pricing. Annuncio • Nov 17
Parabellum Resources Limited Provides Update on Metallurgical and Mineral Resource Estimate Parabellum Resources Limited update shareholders on the excellent progress the Company has made on the mineral resource estimate (JORC 2012), metallurgical test work and engineering designwhich form the key deliverables items required in the Scoping Study. Mineral Resource Estimate: The 2,000 meter infill and bulk sampling program was completed in mid-October and allcore samples have now been sent for REO analysis. It is anticipated that all assay resultswill be completed before the end of the year and then modelling for a new MineralResource Estimate (MRE) under the JORC 2012 Code will be undertaken. Subject toreceiving all of the assays back before the end of the year, it is anticipated that the updatedMRE will be available in first quarter, 2023. The updated MRE will be reported under the JORC 2012 reporting standards and will alsoinclude the latest infill drill results. In addition, the new resource and production plan willfocus on production of the NdPr suite of rare earth minerals. Metallurgical Testwork: Metallurgical test work on a 1.3 tonne bulk sample from Khotgor has been underway atALS Perth, Western Australian laboratories over the past 6 months. Initial flotation test workhas indicated good extractions of rare earths and good filtration properties. Rare earthextraction was >95%, which is a very positive outcome when benchmarked againsthistorical REE test work. Optimisation flotation work is ongoing to try and increase REOrecoveries. Hydrometallurgical test work is now underway to produce an intermediate carbonate orchloride product, prior to final REO/NdPr separation. Initial test work has indicated that REOrecoveries >90% can be achieved for this stage. The next phase of test work will beundertaken early in the new year to focus on production of individual REO oxide streams,with a focus on the NdPr mineral suite. Rare Earth Market update: The global rare earths market size is expected to grow at a CAGR of 12% between 2021 and2026. The increasing number of applications for rare earth magnets using both Nd and Prin both electric vehicles and wind turbines are the predominant applications driving thisgrowth, with a hybrid vehicle using up to 1kg of Neodymium per vehicle and a full electricvehicle using more.In 2021 the price of dysprosium oxide rose above $100,000 per tonne, driven by growingdemand in the magnet, lasers and nuclear sectors. NSW Copper Gold exploration: Unprecedented rainfall continued to impede progress during October, howeverpleasingly, NSW exploration team has re-commenced targeting work at the keyprojects of Whitbarrow, Redlands and Lunns Dam. Ground EM work at Redlands has re-commenced and additional EM work is planned for Miandetta in December. Subject to theweather remaining dry into 2023, company are currently scheduled to commence an RC drillingprogram on the high priority EM targets early in first quarter of calendar year 2023. Board Change • Nov 16
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. 3 non-independent directors. Independent Non-Executive Chairman Mark Hohnen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Nov 09
Parabellum Resources Limited Appoints Peter Secker as Executive Director Parabellum Resources Limited announced that the Company has appointed Mr. Peter Secker to the board as an Executive Director, effective as of 8th November 2022. Peter Secker is a Mining Engineer with over 40 years experience in the resources industry. Peter has developed and operated greenfield projects in Australia, China, Africa, Canada and Mexico and has worked with multiple commodities including lithium, titanium, copper, gold and iron ore. Peter is currently on the Boards of Bacanora Lithium Ltd. and Zinnwald Lithium Plc. Annuncio • Oct 31
Parabellum Resources Limited, Annual General Meeting, Nov 30, 2022 Parabellum Resources Limited, Annual General Meeting, Nov 30, 2022, at 13:00 W. Australia Standard Time. Location: 52 Ord Street Perth Western Australia Australia Agenda: To consider the remuneration Report; to consider appointment of Auditor; to consider election of Director Mr Mark Hohnen; to consider election of Director Mr Shaun Menezes; to consider election of director Mr Peter Ruse; to approval of 10% Placement Facility; to consider the approval of new plan; to consider the approval of potential termination benefits under the New Plan; to consider the modification of existing constitution; to consider the approval of issue of director options; and to consider the approval of issue of corporate adviser options. Annuncio • Oct 07
Parabellum Resources Limited Provides Exploration Update - NSW Projects Parabellum Resources Limited update shareholders on its New South Wales exploration programs. The Redlands/Whitbarrow, Recovery and Lunns Dam Projects in the Tottenham-Girilambone district comprises four granted exploration licenses covering approx. 690km²; and the Obley Project in the Yeoval district comprises one granted exploration license covering approx. 180km². The defined strategy of Parabellum is to target massive sulphide (Besshi-type) copper mineralisation in rocks of the Girilambone Group in Western NSW, and copper/gold skarn mineralisation around an intrusive complex with known copper mineralisation in Central NSW. UTS Geophysics completed a heli-borne VTEM Max survey over four areas within PBL projects totaling approximately 2,000 line km (~380 km2) March-April 2022. The survey focused on areas within each project considered to have high potential for the discovery of massive copper sulphides. Electromagnetics (`EM') is a proven discovery technique in the Cobar area with its ability to directly detect Massive Sulphide mineralisation. EM was a major factor in the discovery of the Constellation deposit by Aeris Resources Limited proximal to the Company's tenements. Interpretation of the preliminary EM data identified a number of anomalies. Field review of these anomalies was undertaken in order to screen potential cultural (e.g., man-made) effects that produce false anomalies. This work, in conjunction with interpretation of the final EM data, has enabled eight high ranking targets to be prioritized for ground EM surveying. The ground EM surveying will enable accurate modeling of the anomalies to facilitate effective drill targeting. Airborne EM completed over the Whitbarrow/Redlands Project areas delineated six high ranking EM anomalies - W1, W2, R2, R3, Miandetta and Redlands. Follow up ground EM has commenced at the Redlands EM anomaly to be followed by W1 & W2. R2, R3 and Miandetta Ground EM surveys will be completed in mid-November when crops have been harvested. Drill testing is planned for late Fourth Quarter CY2022. The Miandetta and Redlands EM anomalies are co-incident with the Miandetta Ni-Co-Cu and Redlands Cu prospects respectively and a large buried magnetic anomaly interpreted to be a mafic/ultramafic intrusion which is thought to be the source of the Ni-Co-Cu mineralisation in the area. The W2 anomaly is co-incident with a large east-west trending magnetic anomaly interpreted to represent a buried mafic/ultramafic intrusion. Airborne EM completed over the Lunns Dam Project area has delineated two anomalies - L1 and L4. Follow up ground EM has been designed and is scheduled to be completed in mid-November when crops are harvested. Drill testing is planned for late Fourth Quarter CY2022. The L1 EM anomaly is approximately 600m long and trends north-east/south-west. It is sub-parallel to a distinct magnetic high located approximately 1,600m to the north of L1 (Figure 4). Previous drilling of the magnetic high has intersected mafic schist. This setting is considered analogous to Aeris Resources' Tritton Cu mine and Kurrajong Cu Prospect and thus, given the strike length of the anomaly, is ranked very highly. Auger sampling has defined two Copper plus pathfinder anomalies. A review of the anomalies confirmed the anomalies are robust and require drill testing . PBL plan to drill test these targets in Fourth Quarter CY2022. A coherent 900m long x 50-200m wide Gold + pathfinder auger and surface sampling (lag) anomaly has been defined at the Swansons Gold prospect. Quartz veining was noted in auger and lag samples over 1,500m of strike with more intense quartz veining and silicification noted in the area of historic workingsvfbvbvb. Central West Gold assessed the Swansons Gold prospect in the late 1980's. Limited RC percussion drilling (seven holes) was shallow (<62m) and tested only 50m of the strike extent of the known mineralisation. A best result of 10m @ 0.66 g/t Au from 14m was returned from drillhole A1. Six costeans (131m) covering 100m of strike extent were also completed with significant results including 12.1m @ 2.96 g/t Au PBL plan to drill test the depth and strike extent of the Swansons Gold target in Fourth Quarter CY2022. Assay results from the follow up soil sampling program at Obley have been received and interpreted. The sampling was conducted to determine the extent of the three coherent Copper mineralisation pathfinder anomalies Antimony (Sb) & Molybdenum (Mo) proximal to Coppermine Gully & Arsenic/Bismuth/Tin (As/Bi/Sn) at Naroo. Geological mapping and rock sampling was also conducted as part of this program. No significant zones of alteration or mineralisation were delineated by the mapping program. Approximately 300 samples were collected as part of the follow up soil sampling program. Results have downgraded the potential of the three pathfinder anomalies and no further work is proposed on these at this time. A desktop assessment of three other prospects in the Obley area Blackburn, Glendale and Wandawandong is planned for Fourth Quarter CY2022 in order to determine a future exploration program for the Obley Project. Annuncio • Sep 20
Parabellum Resources Commences Drilling at Khotgor REE Project Parabellum Resources Limited announced the commencement of a 2,000 metre diamond drilling program and bulk sampling program at the Khotgor REE Project. The metallurgical drilling and surface trenching will be targeting the higher grade resource areas to obtain a 50 tonne bulk metallurgical sample for a JORC Feasibility Study for the Khotgor REE Project that is currently scheduled to commence in second quarter of 2023. PBL has initially planned approximately 14 holes of metallurgical infill drilling for a total drill program of 2,000 metres, mainly within the initial 10 years of the open pit design plan. The holes will be between 150 metres and 200 metres in depth, with average depth of 170 metres. The Company will be drilling large PQ diameter core holes to maximise core sample recovery. Additionally, ore samples will also be taken from a number of surface trenches to be used for further geotechnical testwork. In total will be collecting approximately 50 tonnes of sample that will be used for the initial stages of the Definitive Feasibility Study (DFS) for the Khotgor REE Project. The DFS is currently being scheduled to commence in second quarter of 2023 subject to completing the Khotgor REE Scoping Study in first quarter of 2023. Core samples from the drilling will be used for a variety of comminution, variability and geotechnical testwork and will also be combined with the ore from the surface trenching to produce a bulk flotation concentrate to optimize the metallurgical flow sheet being developed at the Scoping Study stage. Subsequently, the flotation concentrate will be used to optimise the hydrometallurgical flowsheet being designed to produce an NdPr saleable product. Annuncio • Aug 29
Parabellum Commences Site EIS Baseline Studies Parabellum Resources Limited announced that the Company has commenced the first season of environmental baseline studies at the Khotgor Rare Earths Project in preparation for the EIS/EIA documentation that the company are scheduling to lodge with the Mongolian authorities in fourth quarter, 2023. In addition, the Company has now adopted an Environmental, Social, and Governance (ESG) framework and will be reporting regularly against core metrics and disclosures created by the World Economic Forum (WEF).KHOTGOR REE PROJECT EIS STRATEGY: The Company has now commenced the first stages of preparing an Environmental Impact Statement (EIS) for the Khotgor REE Project. This initial 18 month process will carry out seasonal site monitoring to record the status of the environment in the project area and provide a baseline for understanding the potential outcomes of the project, identify potential impacts and document this information. The EIS will provide a means of integrating environmental and social considerations into policies, plans and programs relevant to the Khotgor REE Project. UNIVERSAL ESG METRICS: Parabellum has commenced ESG reporting by making disclosures against the World Economic Forum (WEF) Stakeholder Capitalism framework. The WEF framework is a set of common metrics for sustainable value creation captured in 21 core ESG disclosures. The Board of Parabellum has resolved to use this universal ESG framework to align mainstream reporting on performance against ESG indicators. Parabellum sees the WEF Stakeholder Capitalism Metrics as the most appropriate ESG disclosure framework to start its ESG journey. The Stakeholder Capitalism framework leverages a variety of existing frameworks and is intentionally built to be a stepping stone to begin building capacity and capability in ESG reporting. It enables Parabellum to report on core ESG matters of governance, anti-corruption practices, ethical behaviour, human rights, carbon emissions, land use, ecological sensitivity, water consumption, diversity and inclusion, pay equality and tax payments. By including ESG metrics in mainstream reporting and integrating them into governance, business strategy, and performance management process, Parabellum sets out to demonstrate that it diligently considers all pertinent risks and opportunities in running its business. The Company will demonstrate ongoing commitment to ESG by sharing its progress toward ESG disclosures in quarterly updates in combination with making disclosures transparently available in the public domain. STANDARDISED DISCLOSURE TECHNOLOGY: To ensure that Parabellum can measure, monitor, and report on its ESG disclosure progress, the Company has engaged impact monitoring technology platform Social suite to streamline the disclosure and ongoing ESG reporting process. The Company's goal is to demonstrate commitment and progress on making ESG disclosures, but more broadly, aims to progress on a range of core and expanded ESG metrics. This announcement has been approved and authorised by the Board of Parabellum Resources Limited. Annuncio • Aug 27
Parabellum Resources Limited, Annual General Meeting, Sep 26, 2022 Parabellum Resources Limited, Annual General Meeting, Sep 26, 2022, at 12:00 W. Australia Standard Time. Location: 52 Ord Street West Perth Western Australia Australia Agenda: To consider Ratification of issue of Tranche 1 Placement Shares; to consider Approval of issue of Tranche 2 Placement Shares; and to consider other matters. 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 Chairman Mark Hohnen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Jan 19
Parabellum Resources Limited Announces Exploration Update on Copper and Gold Projects in NSW Parabellum Resources Limited (PBL) updated shareholders on its fieldwork and exploration since the Company listed in November 2021. The Redlands/Whitbarrow, Recovery and Lunns Dam Projects in the Tottenham-Girilambone district comprises four granted exploration licenses covering approximately 690km²; and the Obley Project in theYeoval district comprises one granted exploration license covering approximately 180km². Airborne EM program: The defined strategy of PBL is targeting massive sulphide (Besshi-type) copper mineralisation in rocks of the Girilambone Group in Western NSW, and copper/gold skarn mineralisation around an intrusive complex with known copper mineralisation in Central NSW. The recent discovery of the Constellation deposit by Aeris Resources proximal to the Company's tenements illustrates the exceptional exploration potential of PBL's tenement package. Massive sulphide mineralisation directly detected by electromagnetics (EM) has been a tried and tested exploration strategy. PBL anticipates this will deliver a clear pathway to discovery via walk up drill targets being generated by the survey. PBL has contracted UTS Geophysics to complete a heli-borne VTEM Max survey over four areas within all PBL projects totalling 1,915 line km (~380 km2). The survey is focussed on areas within each project considered to have high potential for the discovery of massive copper sulphides. The survey is due to commence in early February and is expected to take two weeks to complete, weather permitting. Preliminary results are expected in March 2022. Obley Project: PBL has completed a program of surface sampling (soils) targeting the Beehive, Naroo & Coppermine prospects. Three coherent pathfinder anomalies have been defined - Sb and Mo anomalies proximal to the Coppermine Gully workings and an As/Bi/Sn anomaly at Naroo pits. These pathfinder anomalies indicate potential for Cu-Au mineralization at depth. All of the anomalies are open to the east and so further sampling will be conducted in order to close off anomalies. The planned Airborne EM survey will assist in prioritizing the soil anomalies for drill testing. Recovery Project: PBL has completed a program of surface sampling (rock lag) targeting the Swanson's Trouble (Swansons) prospect. A coherent 500m x 50-100m Gold (+50ppb) and pathfinder (As, Bi, Mo, Pb, Sb) anomaly has been defined. A maximum value of 5.68g/t Au was recorded proximal to historic workings. The anomaly is open to the north and south and appears to be associated with a NNW trending structure interpreted from airborne magnetics. Historic shallow drilling1 has tested a small fraction of this anomaly. The anomaly trends under transported cover both to the north and south so auger drilling is planned as a follow up to determine the strike extent of the gold anomaly. Redlands & Whitbarrow Projects: PBL has completed a program of surface sampling (rock lag) targeting the Miandetta prospect. Results have defined a robust 300m x 400m Ni-Cu+Co anomaly. The anomaly is open to the east and sampling will be extended to cover this area. The anomaly appears to be intimately associated with a magnetic high which is thought to represent a mafic/ultramafic intrusion at shallow depth. The planned Airborne EM survey will assist in prioritizing this lag geochem anomaly for drill testing. Lunns Dam Auger drilling program: A program of shallow auger drilling is scheduled to commence in late January 2022 targeting prospective rocks under shallow cover along strike from the historic copper mines at Tottenham. Environmental approval for auger drilling has been received and approximately 400 samples are planned to be collected. Board Change • Nov 18
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 Chairman Mark Hohnen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 