Annuncio • Mar 13
Northern Star Resources Limited to Report Q3, 2026 Results on Apr 22, 2026 Northern Star Resources Limited announced that they will report Q3, 2026 results on Apr 22, 2026 Annuncio • Feb 12
Northern Star Resources Limited Announces Dividend for the Six Months Ended December 31, 2025, Payable on March 26, 2026 Northern Star Resources Limited announced dividend of AUD 0.25000000 for the six months ending December 31, 2025. Record Date March 5, 2026, Ex date March 4, 2026 and Payable on March 26, 2026. Annuncio • Feb 06
Mount Gibson Iron Limited (ASX:MGX) completed the acquisition of 50% stake in Central Tanami Gold Project from Northern Star Resources Limited (ASX:NST). Mount Gibson Iron Limited (ASX:MGX) entered into an agreement to acquire 50% stake in Central Tanami Gold Project from Northern Star Resources Limited (ASX:NST) for AUD 50 million on July 16, 2025. A cash consideration of AUD 50 million will be paid by Mount Gibson Iron Limited, plus normal adjustments on completion. Mount Gibson will fund the purchase price from its internal cash reserves. Mount Gibson will also be required to replace existing bank guarantees totalling approximately AUD 5.8 million, which it will do from its existing performance bonding facility.
Completion will occur 10 days after satisfaction or (where permitted) waiver of: approval pursuant to the Foreign Investment Review Board; further extension of existing infrastructure arrangements on one tenement by the Central Land Council; non-exercise by Tanami Gold of its right of first refusal under the CTPJV; and various other pre-completion conditions considered standard for a transaction of this nature. These conditions must be satisfied by March 31, 2026 (unless extended by agreement). As of December 3, 2025, the transaction has been approved by Foreign Investment Review Board.
The transaction is expected to close by end of March 2026.
Azure Capital Pty Ltd. acted as financial advisor for Mount Gibson Iron Limited. Gilbert and Tobin acted as legal advisor for Mount Gibson Iron Limited. Entech Pty Ltd acted as project due diligence provider to Mount Gibson Iron. PwC acted as accountant to Mount Gibson Iron. Black Swan Metallurgy acted as advisors to Mount Gibson Iron.
Mount Gibson Iron Limited (ASX:MGX) completed the acquisition of 50% stake in Central Tanami Gold Project from Northern Star Resources Limited (ASX:NST) on February 6, 2026. Annuncio • Feb 03
Northern Star Resources Limited to Report First Half, 2026 Final Results on Feb 12, 2026 Northern Star Resources Limited announced that they will report first half, 2026 final results on Feb 12, 2026 Annuncio • Jan 19
Northern Star Resources Limited Appoints Joanne McDonald as Joint Company Secretary, Effective January 19, 2026 Northern Star Resources Limited announced in accordance with ASX Listing Rule 3.16.1 that Joanne McDonald has been appointed as Joint Company Secretary, effective from January 19, 2026. Hilary Macdonald remains the Company Secretary responsible for communications between the Company and ASX for the purpose of ASX Listing Rule 12.6. Annuncio • Oct 23
Northern Star Resources Limited Provides Operating Guidance for the Fiscal Year 2026 Northern Star Resources Limited provided operating guidance for the fiscal year 2026. Despite the mixed production results for the quarter, the company remain well positioned to deliver full year guidance of 1.7 million ounces to 1.8 million ounces of gold sold at an all-in sustaining cost of AUD 2,300 to AUD 2,700 an ounce. Annuncio • Oct 01
Northern Star Resources Limited to Report Q1, 2026 Results on Oct 23, 2025 Northern Star Resources Limited announced that they will report Q1, 2026 results Pre-Market on Oct 23, 2025 Annuncio • Sep 25
Gold Fields Reportedly Considers Sale of $1.1 Billion Stake in Northern Star The $1 billion stake held in Northern Star Resources Limited (ASX:NST) by Gold Fields Limited (JSE:GFI) is in focus for investment bankers, which are said to be pitching on a selldown that may happen as early as this week. When South Africa's Gold Fields finalises its deal to buy Australian-listed gold miner Gold Road Resources this week for $3.6 billion or $3.29 per share, Gold Fields will inherit almost 49.3 million shares in Northern Star. Gold Road had inherited the Northern Star stake because it earlier owned a 17.3% stake in De Grey Mining. Northern Star bought De Grey Mining in May for $5 billion. The adviser for Gold Fields is JPMorgan and it will likely advise on the selldown out of Northern Star. If the block trade unfolds, the Northern Star shares will likely be in strong demand as investors hope to capitalise on the gold price hitting new records this year of over $5,000 an ounce. Annuncio • Sep 08
Northern Star Resources Limited, Annual General Meeting, Nov 18, 2025 Northern Star Resources Limited, Annual General Meeting, Nov 18, 2025. Location: level 4, 500 hay street, wa 6008, subiaco Australia Annuncio • Aug 21
Northern Star Resources Limited Announces Ordinary Dividend for A Period of Six Months Ended June 30, 2025, Payable September 25, 2025 Northern Star Resources Limited announced ordinary dividend of AUD 0.30 per share for a period of six months ended June 30, 2025. Record Date: September 3, 2025, Ex Date: September 2, 2025 and Payment Date: September 25, 2025. Annuncio • Jul 22
Northern Star Resources Limited (ASX:NST) entered into a binding agreement to acquire Mt Roe Mining Pty Ltd from Mantle Minerals Limited (ASX:MTL) for AUD 13.5 million. Northern Star Resources Limited (ASX:NST) entered into a binding agreement to acquire Mt Roe Mining Pty Ltd from Mantle Minerals Limited (ASX:MTL) for AUD 13.5 million on July 22, 2025. A cash consideration of AUD 13.5 million will be paid by Northern Star Resources Limited. As part of consideration, AUD 13.5 million is paid towards common equity of Mt Roe Mining Pty Ltd. The transaction will be financed through firm commitments to raise AUD 0.25 million (before costs) through the proposed issue of 250 million fully paid ordinary shares at AUD 0.001 per share. Upon completion, Mantle Minerals Limited retains the Yule River and Pardoo Project.
The transaction is subject to approval by regulatory board / committee, consummation of due diligence investigation and third party approval needed. The expected completion of the transaction is within 5 business days following satisfaction of the conditions and will occur no later than September 12, 2025. Annuncio • May 26
Suitors Reportedly Consider to Buy Bellevue Gold Evolution Mining Limited (ASX:EVN), Northern Star Resources Limited (ASX:NST) and Regis Resources Limited (ASX:RRL) are three of the groups believed to be in a data room considering a deal to buy Bellevue Gold Limited (ASX:BGL), sources say. Exactly how serious the parties are remains to be seen, with sources suggesting most would look at the business to assess what was on offer as an educational -exercise at the very least. However, of those, Northern Star was thought to be the most likely buyer. Offshore groups were also taking a look. Given that Bellevue Gold was out of the money on its hedge book, it made a deal difficult to stack up, market experts say. Already, Bellevue, advised by UBS, has said it has had informal approaches, and rather than running a formal sale process, it is offering certain parties access to a data room. The $1 billion gold company that has the Bellevue Gold Project in Western Australia is considering a sale after downgrading its production guidance, closing out part of its goldmining hedge book, raising equity and flagging changes to the group's board and executive team. Australian peers are now interested in buying Bellevue to secure more production at a time when gold's price increases show no sign of abating, rather than for synergies. The management of Regis Resources is conservative and is bidding for the EMR Capital-backed Ravenswood goldmine near-by. It would have capacity to buy one or the other, but not both. Northern Star would be one of the only Australian groups with synergies, because it could shut down the Bellevue Gold mill and feed ore into its WA Thunderbox gold facility, which is under--utilised, say experts. Northern Star's challenge is that it has just purchased De Grey Mining. Annuncio • May 05
Northern Star Resources Limited (ASX:NST) completed the acquisition of De Grey Mining Limited (ASX:DEG). Northern Star Resources Limited (ASX:NST) agreed to acquire De Grey Mining Limited (ASX:DEG) for AUD 5 billion on December 1, 2024. The consideration consists of common equity of Northern Star Resources Limited at a ratio of 0.119 per common equity, options and rights of De Grey Mining Limited.
The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board, approval of offer by acquirer shareholders and approval of offer by target shareholders. The Board of Directors of De Grey Mining Limited formed a special committee for the transaction. The deal has been unanimously approved by the board. As of April 16, 2025, S&P Dow Jones Indices announced today that it will remove De Grey Mining Limited (XASX: DEG) from the S&P/ASX 200 Index, subject to shareholder approval and final court approval whereby the company will be acquired by Northern Star Resources Limited (XASX: NST). As of April 16, 2025, shareholders of De Grey Mining have approved the transaction. The transaction is expected to close in Late April or Early May 2025. If the Federal Court approves the Scheme, the Effective Date of the Scheme and the last trading day for De Grey Shares is expected to be 23 April 2025. As per the announcement on April 23, 2025, the transaction is now legally effective. Implementation of the Scheme is then expected to occur on May 5, 2025.
Macquarie Capital Limited acted as financial advisor for Northern Star Resources Limited. Antonella Pacitti, Roger Davies, Jacob Carmody, Toby Newnes, Chris Barry, Chelsey Schroeter, Sally Audeyev, Dan Flanagan, Greg Protektor and David Blight of King & Wood Mallesons, Australia Branch acted as legal advisor for Northern Star Resources Limited. Azure Capital Pty Ltd. acted as financial advisor for De Grey Mining Limited. Barrenjoey Capital Partners acted as financial advisor for De Grey Mining Limited. Barclays Bank PLC acted as financial advisor for De Grey Mining Limited. Sarah Turner, Justin Mannolini, and Janelle Sputore of Gilbert and Tobin acted as legal advisor for De Grey Mining Limited. Steinepreis Paganin acted as legal advisor for De Grey Mining Limited. Automic Share Registry acted as registrar to De Grey Mining Limited.
Northern Star Resources Limited (ASX:NST) completed the acquisition of De Grey Mining Limited (ASX:DEG) on May 5, 2025. As of Closing of the transaction, De Grey shares have now been transferred to Northern Star and eligible De Grey shareholders have been issued the Scheme consideration of 0.119 new Northern Star shares for each De Grey share held on the Scheme record date, being 5:00 pm (AWST) on April 28, 2025. The new Northern Star shares are expected to commence trading on the ASX on a normal settlement basis from May 6, 2025. Annuncio • Apr 01
Northern Star Resources Limited to Report Q3, 2025 Results on Apr 29, 2025 Northern Star Resources Limited announced that they will report Q3, 2025 results Pre-Market on Apr 29, 2025 Annuncio • Feb 15
Northern Star Resources Limited Announces Dividend for the Six Months Ended December 31, 2024, Payable on March 27, 2025 Northern Star Resources Limited announced dividend of AUD 0.25000000 for the six months ended December 31, 2024. Ex Date is March 5, 2025. Record Date is March 6, 2025 and Payment Date is March 27, 2025. Annuncio • Feb 03
Northern Star Resources Limited to Report First Half, 2025 Results on Feb 13, 2025 Northern Star Resources Limited announced that they will report first half, 2025 results on Feb 13, 2025 Annuncio • Jan 21
Northern Star Resources Limited Reaffirms Gold Sales Guidance for the Fiscal Year 2025 Northern Star Resources Limited reaffirmed gold sales guidance for the fiscal year 2025. Fiscal year 2025 guidance at 1,650 koz- 1,800 koz gold sold and AISC of AUD 1,850/oz-2,100/oz and fiscal year 2025 exploration guidance at AUD 180 million. Annuncio • Jan 06
Northern Star Resources Limited to Report Q2, 2025 Results on Jan 21, 2025 Northern Star Resources Limited announced that they will report Q2, 2025 results Pre-Market on Jan 21, 2025 Annuncio • Dec 15
Northern Star Resources Reportedly May Sell Carosue Dam to Ramelius Resources Following Northern Star Resources Limited (ASX:NST)’s $5 billion buyout of De Grey Mining Limited, speculation is mounting that it may move to sell its Carosue Dam Operations to Ramelius Resources Limited (ASX:RMS). Market sources estimate a price tag of about $800 million. Sources believe it would be a valuable addition for Ramelius Resources and strategic for its Rebecca-Roe project, 150km east of Kalgoorlie. Sources believe that Northern Star would probably be willing to part with Carosue Dam if offered the right price for the asset. Annuncio • Dec 03
Northern Star Resources Limited (ASX:NST) agreed to acquire De Grey Mining Limited (ASX:DEG) for AUD 4.9 billion. Northern Star Resources Limited (ASX:NST) agreed to acquire De Grey Mining Limited (ASX:DEG) for AUD 4.9 billion on December 2, 2024. The consideration consists of common equity of Northern Star Resources Limited at a ratio of 0.119 per common equity, options and rights of De Grey Mining Limited.
The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board, approval of offer by acquirer shareholders and approval of offer by target shareholders. The Board of Directors of De Grey Mining Limited formed a special committee for the transaction. The deal has been unanimously approved by the board.
Macquarie Capital Limited acted as financial advisor for Northern Star Resources Limited. King & Wood Mallesons, Australia Branch acted as legal advisor for Northern Star Resources Limited. Azure Capital Pty Ltd. acted as financial advisor for De Grey Mining Limited. Barrenjoey Capital Partners acted as financial advisor for De Grey Mining Limited. Barclays Bank PLC acted as financial advisor for De Grey Mining Limited. Gilbert and Tobin acted as legal advisor for De Grey Mining Limited. Steinepreis Paganin acted as legal advisor for De Grey Mining Limited. Automic Share Registry acted as registrar to De Grey Mining Limited. Annuncio • Oct 23
Harmony Gold Reportedly Eyes $2 Billion Ravenswood Gold Mine Harmony Gold Mining Company Limited (JSE:HAR) is understood to have expressed interest in an acquisition of the $2 billion Ravenswood Gold Mine that being sold by EMR Capital Pty. Ltd. and Golden Energy and Resources Pte. Ltd. DataRoom understands that the $11 billion South African-listed gold miner is keen to buy the Queensland asset that Azure Capital and UBS have been appointed to sell. Market sources say that a deal would make sense for Harmony, given that its share price has been on a tear on the back of the record gold price and it has the cash to pay for the gold mine. Harmony is likely to come up against Australian-listed gold miners like Regis Resources Limited (ASX:RRL), Gold Road Resources Limited (ASX:GOR) and Capricorn Metals Ltd. (ASX:CMM), while Emerald Resources NL (ASX:EMR) may be interested. Northern Star Resources Limited (ASX:NST) and Evolution Mining Limited (ASX:EVN) may also take a look. Annuncio • Oct 01
Northern Star Resources Limited to Report Q1, 2025 Results on Oct 24, 2024 Northern Star Resources Limited announced that they will report Q1, 2025 results Pre-Market on Oct 24, 2024 Annuncio • Sep 13
Northern Star Resources Limited, Annual General Meeting, Nov 20, 2024 Northern Star Resources Limited, Annual General Meeting, Nov 20, 2024. Location: level 4, 500 hay street, subiaco wa 6008 Australia Annuncio • Aug 24
Northern Star Resources Limited Announces Unfranked Final Ordinary Dividend for the Six Months June 30, 2024, Payable on 26 September 2024 Northern Star Resources Limited announced an unfranked final ordinary dividend of AUD 0.25000000 for the six months June 30, 2024, to be paid on 26 September 2024. Record date of final dividend is 4 September 2024. Ex date is 3 September 2024. Annuncio • Aug 12
Northern Star Resources Limited to Report Fiscal Year 2024 Results on Aug 22, 2024 Northern Star Resources Limited announced that they will report fiscal year 2024 results on Aug 22, 2024 Annuncio • Jul 02
Northern Star Resources Limited Appoints Michael Filan Ashforth as Director Northern Star Resources Limited announced appointment of Michael Filan Ashforth as director. Date of appointment is 1 July 2024. Annuncio • Jul 01
Northern Star Resources Limited to Report Q4, 2024 Results on Jul 25, 2024 Northern Star Resources Limited announced that they will report Q4, 2024 results on Jul 25, 2024 Annuncio • Apr 02
Northern Star Resources Limited to Report Q3, 2024 Results on Apr 23, 2024 Northern Star Resources Limited announced that they will report Q3, 2024 results Pre-Market on Apr 23, 2024 Annuncio • Feb 12
Northern Star Resources Limited to Report First Half, 2024 Results on Feb 22, 2024 Northern Star Resources Limited announced that they will report first half, 2024 results on Feb 22, 2024 Annuncio • Oct 05
Northern Star Resources Limited to Report Q1, 2024 Results on Oct 19, 2023 Northern Star Resources Limited announced that they will report Q1, 2024 results on Oct 19, 2023 Annuncio • Sep 13
Northern Star Resources Limited, Annual General Meeting, Nov 16, 2023 Northern Star Resources Limited, Annual General Meeting, Nov 16, 2023, at 14:00 W. Australia Standard Time. Location: Level 4, 500 Hay Street, Subiaco Western Australia Australia Annuncio • Aug 24
Northern Star Resources Limited Announces Unfranked Final Ordinary Dividend for Fiscal Year Ended 30 June 2023, Payable on 12 October 2023 Northern Star Resources Limited announced an unfranked final ordinary dividend of $179 million (15.5 cents per fully paid Share), to be paid on 12 October 2023 out of retained earnings at 30 June 2023. Record date of final dividend is 6 September 2023. Ex date is 5 September 2023. Annuncio • Aug 04
Northern Star Resources Limited to Report Fiscal Year 2023 Results on Aug 24, 2023 Northern Star Resources Limited announced that they will report fiscal year 2023 results Pre-Market on Aug 24, 2023 Annuncio • Jul 26
Northern Star Resources Limited (ASX:NST) completed the acquisition of Tenements comprising the Millrose Project from Strickland Metals Limited (ASX:STK). Northern Star Resources Limited (ASX:NST) entered into a binding asset sale agreement to acquire Tenements comprising the Millrose Project from Strickland Metals Limited (ASX:STK) for AUD 59.5 million on June 26, 2023. Under the terms, AUD 2 million cash deposit shall be paid on execution of the agreement, cash consideration of AUD 39 million shall be paid on completion along with issuance of 1.5 million shares subject to 12 months escrow. In the event that the transaction does not complete, the deposit will convert into a loan which will be repayable by Strickland to Northern Star within 30 days from the date of termination of the agreement. Completion is subject to limited conditions, which are consistent for a transaction of this nature. Strickland will use the proceeds to undertake large scale RC and diamond drill programs, aggressively upgrade its portfolio of gold prospects to mineral resource status, undertake a 1,500m diamond and 5,000m RC program, continue base metal exploration and assess new opportunities. The transaction is expected to complete no later than 30 business days. Longreach Capital is acting as corporate advisor and Hamilton Locke as legal advisor to Strickland. Northern Star Resources Limited (ASX:NST) completed the acquisition of Tenements comprising the Millrose Project from Strickland Metals Limited (ASX:STK) on July 25, 2023. Under the transaction, Strickland received AUD 2 million cash deposit on execution of the agreement, cash consideration of AUD 39 million on completion and 1.5 million fully paid ordinary NST shares on completion of the transaction subject to 12 months escrow. Annuncio • Jul 04
Northern Star Resources Limited to Report Q4, 2023 Results on Jul 19, 2023 Northern Star Resources Limited announced that they will report Q4, 2023 results Pre-Market on Jul 19, 2023 Annuncio • Jun 26
Northern Star Resources Limited (ASX:NST) entered into a binding asset sale agreement to acquire interests in Tenements comprising the Millrose Project from Strickland Metals Limited (ASX:STK) for AUD 59.5 million. Northern Star Resources Limited (ASX:NST) entered into a binding asset sale agreement to acquire interests in Tenements comprising the Millrose Project from Strickland Metals Limited (ASX:STK) for AUD 59.5 million on June 26, 2023. Under the terms, AUD 2 million cash deposit shall be paid on execution of the agreement, cash consideration of AUD 39 million shall be paid on completion along with issuance of 1.5 million shares subject to 12 months escrow. In the event that the transaction does not complete, the deposit will convert into a loan which will be repayable by Strickland to Northern Star within 30 days from the date of termination of the agreement. Completion is subject to limited conditions, which are consistent for a transaction of this nature. Strickland will use the proceeds to undertake large scale RC and diamond drill programs, aggressively upgrade its portfolio of gold prospects to mineral resource status, undertake a 1,500m diamond and 5,000m RC program, continue base metal exploration and assess new opportunities. The transaction is expected to complete no later than 30 business days. Longreach Capital is acting as corporate advisor and Hamilton Locke as legal advisor to Strickland. New Risk • Jun 08
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 130% Dividend yield: 1.7% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (130% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.3% net profit margin). Annuncio • Feb 13
Northern Star Resources Limited to Report First Half, 2023 Final Results on Feb 20, 2023 Northern Star Resources Limited announced that they will report first half, 2023 final results on Feb 20, 2023 Annuncio • Jan 09
Northern Star Resources Limited to Report Q2, 2023 Results on Jan 19, 2023 Northern Star Resources Limited announced that they will report Q2, 2023 results Pre-Market on Jan 19, 2023 Annuncio • Jan 14
Northern Star Resources Limited to Report Q2, 2021 Results on Jan 21, 2021 Northern Star Resources Limited announced that they will report Q2, 2021 results Pre-Market on Jan 21, 2021 Annuncio • Oct 15
Northern Star Resources Limited to Report Q1, 2021 Results on Oct 30, 2020 Northern Star Resources Limited announced that they will report Q1, 2021 results at 9:19 PM, GMT Standard Time on Oct 30, 2020 Annuncio • Oct 08
Northern Star Resources Limited (ASX:NST) entered into a binding merger implementation deed to acquire Saracen Mineral Holdings Limited (ASX:SAR) for AUD 5.8 billion in merger of equals transaction. Northern Star Resources Limited (ASX:NST) entered into a binding merger implementation deed to acquire Saracen Mineral Holdings Limited (ASX:SAR) for AUD 5.8 billion in merger of equals transaction on October 6, 2020. Under the terms, Saracen shareholders will receive 0.3769 shares of Northern Star and will receive a dividend of AUD 0.038 for each shares from Saracen which is conditional on the transaction becoming effective and banking consents. Raleigh Finlayson agreed to a holding lock period for consideration shares. After completion Northern Star shareholders will own 64% of the combined entity and Saracen shareholders will own the remaining 36%. In case of termination, Northern Star Resources and Saracen will pay a break-fee of AUD 57.6 million.
The merged group will continue as Northern Star Resources, based in Perth and trade on the ASX. Upon completion, the Board of nine will comprise five Directors from Northern Star and four Directors from Saracen. Bill Beament will remain Executive Chair until July 1, 2021 to ensure successful integration, then become Non-Executive Chairman. Raleigh Finlayson will be Managing Director and then transition to Executive Director (Corporate Development). Stuart Tonkin will be Chief Executive Officer and Morgan Ball will be Chief Financial Officer. Saracen’s Non-Executive Chair Tony Kiernan will be the Lead Independent Non-Executive Director. Shirley In't Veld, Mary Hackett, Nick Cernotta, John Fitzgerald, John Richards and Sally Langer will be Non-Executive Directors. Luke Creagh will be Chief Operating Officer of Yandal / Pogo and Simon Jessop will be Chief Operating Officer of Kalgoorlie.
The transaction is subject to court approval of the scheme, approval from shareholders of Saracen, the independent expert concluding that the scheme is in the best interests of Saracen shareholders, and not changing, withdrawing or qualifying that conclusion, ASX has not indicated to Northern Star that it will not grant permission for the official quotation of the Consideration Shares on ASX from the business day following the Implementation Date, all required consents or waivers in respect of any merger, acquisition, scheme of arrangement, restrictions on group finance debt or security interests (triggered by finance debt or security interests of any member of the Saracen Group) and obligations as to group guarantors (in respect of any member of the Saracen Group) or similar provisions existing in any financing or hedging arrangements of any member of the Northern Star Group have been given to Northern Star by the relevant financier or hedge counterparty.
In respect of each Material Saracen Facility, either consent to or waiver of any change of control, merger, amalgamation, scheme of arrangement, delisting from ASX or similar provisions and any restriction on paying the Saracen Dividend existing in that Material Saracen Facility has been given to Saracen or a standstill agreement has been entered into between Saracen and the counterparty to that Material Saracen Facility, or Saracen has prepaid and cancelled all facilities under that Material Saracen Facility and the Court order approving the Scheme under section 411(4)(b) of the Corporations Act is lodged with ASIC. Transaction is unanimously recommended by the Board of Saracen and Northern Star subject to no superior offer. Transaction is expected to close on February 12, 2021. Record date for transaction is February 5, 2021. The transaction is highly accretive.
Sternship Advisers Pty Ltd. acted as financial advisor and Antonella Pacitti and Roger Davies of Ashurst Australia acted as legal advisor for Northern Star. Macquarie Group Limited (ASX:MQG) acted as financial advisor and James Stewart of DLA Piper Australia Pty Ltd acted as legal advisor for Saracen. Annuncio • Oct 07
Tectonic Metals Inc. Announces Final Assay Results from the Completion of Its 3,202 Metre ("M"), 27 Hole Rotary Air Blast Drilling Campaign At the Tibbs Gold Project Tectonic Metals Inc. announced the final assay results from the completion of its 3,202 metre ("m"), 27 hole Rotary Air Blast ("RAB") drilling campaign at the Tibbs Gold Project ("Tibbs"). Drilling this summer at the Lower Trench ("Lower Trench") and Wolverine ("Wolverine") Zones represented the first drill holes at either target since 1997. Results from Lower Trench include a highlight intercept of 10.78 grams per tonne gold ("g/t Au") over 3.05m within a broader interval of 4.50 g/t Au over 7.62m, with gold found in association with disseminated sulphides in sericite-altered granodiorite and discrete quartz-sulphide veins, identical to the Michigan Zone ("Michigan", additional information here) 1.5km to the southeast. Both Lower Trench and Wolverine are believed to represent structural blocks which were initially connected to Michigan, where 2019 and 2020 drilling intersected gold in every hole including highlights such as 6.71 g/t Au over 9.14m and 6.03 g/t Au over 28.95m. The recognition of Michigan-style mineralization at Lower Trench indicates that a significant hydrothermal system was active throughout a multi-kilometre structural damage zone, greatly expanding the potential of both the Michigan and Lower Trench targets. Tibbs Gold Project - 2020 Drill Strategy: Building upon 2019's exploration success, which included a highlight intercept of 6.03g/t Au over 28.95m, with Ground Truth America's RAB drill, Tectonic chose to utilize this cost-effective and rapid drill method to step out on 2019's highlight drill intersection at the Michigan Zone of 6.03 g/t Au over 28.95m. Drilling in 2020 focused on stepping out from this highlight drill intercept, while also testing for additional Michigan-style structures along a 3km long prospective corridor at the Lower Trench and Wolverine Zones. Drilling was conducted as fences of angled holes designed to cross interpreted high-angle mineralized structures. Drill holes were dominantly oriented to the east or southeast, depending on the zone being drill tested, with dips of 55 degrees to cut the dominantly northwest dipping structures. At Lower Trench, drill holes were planned to test for near-surface mineralization within a 400m wide saddle formed by a prominent northeast-trending fault zone. At Wolverine, drill holes were sited up-slope of gold-in-soil anomalies believed to be transported downhill due to solifluction. A goal metreage of 2,500m drilled was outlined prior to the commencement of the drill season. Tectonic significantly exceeded this goal at Tibbs, drilling 3,202m in total without incurring additional costs. A total of 16 drill holes were completed at Lower Trench (951m) and Wolverine (614m), for a total of 1,565m between the two targets. Drilling at the Wolverine Zone returned thin intercepts of low tenor gold mineralization (0.67 g/t Au from 51.82-53.34m in hole TBRB20-46, 0.57 g/t Au from 4.57-6.10m in hole TBRB20-045). Notably the 2020 drilling at Wolverine has indicated that gold mineralization is only weakly associated with arsenic and is not associated with antimony. The differing geochemical signature defined by the 2020 drilling at Wolverine suggests that the target represents a separate structural block. Future work at Wolverine will look for the source of the high-tenor gold-in-soil anomaly, which remains unexplained. Annuncio • Aug 14
Northern Star Resources Limited to Report Fiscal Year 2020 Results on Aug 19, 2020 Northern Star Resources Limited announced that they will report fiscal year 2020 results at 9:00 AM, AUS Central Standard Time on Aug 19, 2020 Annuncio • Jul 10
Northern Star Resources Limited to Report Q4, 2020 Results on Jul 23, 2020 Northern Star Resources Limited announced that they will report Q4, 2020 results at 9:00 AM, AUS Central Standard Time on Jul 23, 2020 Annuncio • Jun 22
Northern Star Resources Limited (ASX:NST) entered into an Ore sale agreement to acquire Geko gold project from Coolgardie Minerals Limited (ASX:CM1) and Gekogold Pty Ltd. Northern Star Resources Limited (ASX:NST) entered into an Ore sale agreement to acquire Geko gold project from Coolgardie Minerals Limited (ASX:CM1) and Gekogold Pty Ltd on September 6, 2018. Under the terms of agreement, Coolgardie Minerals agree to take the first 100,000 tonnes of oxide ore from the Geko Gold Mine and will pay 10% of the first 25,000 oz Au produced; 4% of the next 60,039 oz Au produced and 2% of all production over and above 85,039 oz Au at fixed price of AUD 1,650 per ounce along with that 30% of the profit earned from the sale of minerals from the Geko Gold Mine after CM1 has earned AUD 9 million profit. The appointment of Garry Mills as Geko Project Manager in December 2018. It is expected the Sale Agreement will generate more than AUD 10 million in revenue for Coolgardie Minerals during the Agreement period. The receipt of net revenue of AUD 1.7 million from Northern Star Resources has satisfied the first milestone (to receive net proceeds of at least $1.5 million in cash from the sale of Geko ore). Northern Star
Resources has the option to purchase an additional circa 90,000 tonnes of oxide ore with a grade above 2.75g/t Au before 31 March 2019.