This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsChesser Resources(CHZ)株式概要Chesser Resources Limited, together with its subsidiaries, operates as an exploration company in Australia. 詳細CHZ ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績0/6財務の健全性2/6配当金0/6リスク分析過去5年間で収益は年間29%減少しました。 収益が 100 万ドル未満 ( A$67K )株式の流動性は非常に低い キャッシュランウェイが1年未満である +2 さらなるリスクすべてのリスクチェックを見るCHZ Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueAU$Current PriceAU$0.109.4k% 割高 内在価値ディスカウントEst. Revenue$PastFuture-6m790k2016201920222025202620282031Revenue AU$384.7kEarnings AU$51.3kAdvancedSet Fair ValueView all narrativesChesser Resources Limited 競合他社MLG OzSymbol: ASX:MLGMarket cap: AU$109.2mMithril Silver and GoldSymbol: ASX:MTHMarket cap: AU$58.1mElement 25Symbol: ASX:E25Market cap: AU$89.6mMitchell ServicesSymbol: ASX:MSVMarket cap: AU$98.6m価格と性能株価の高値、安値、推移の概要Chesser Resources過去の株価現在の株価AU$0.1052週高値AU$0.1352週安値AU$0.068ベータ0.821ヶ月の変化0%3ヶ月変化-4.55%1年変化41.89%3年間の変化-52.27%5年間の変化169.23%IPOからの変化-61.11%最新ニュースお知らせ • Sep 21+ 1 more updateChesser Resources Limited Announces Resignation of Andrew Grove as Chief Executive OfficerChesser Resources Limited announced that the scheme of arrangement pursuant to which Fortuna Silver Mines Inc. (Fortuna) will acquire 100% of the share capital of Chesser (Chesser Shares) has been implemented (Scheme). Following implementation of the Scheme: Mr. Andrew Grove resigned as Chief Executive Officer of the Company with immediate effect.New Risk • Sep 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.6% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$11m free cash flow). Earnings have declined by 28% per year over the past 5 years. Revenue is less than US$1m (AU$10k revenue, or US$6.7k). Minor Risks Shareholders have been diluted in the past year (6.6% increase in shares outstanding). Market cap is less than US$100m (AU$65.8m market cap, or US$42.3m).お知らせ • Sep 09Fortuna Silver Mines Inc. (TSX:FVI) completed the acquisition of Chesser Resources Limited (ASX:CHZ).Fortuna Silver Mines Inc. (TSX:FVI) made a binding proposal to acquire Chesser Resources Limited (ASX:CHZ) for AUD 83 million on May 8, 2023. The scheme will be implemented at a consideration exchange ratio of 0.0248. The scheme is subject to court approval and Chesser shareholder approval. The transaction is unanimously recommended by Chesser Board. A scheme meeting will be convened in August , 2023, for Chesser shareholders to approve the scheme. As of May 8, 2023, the scheme has been unanimously approved by the board of Fortune. The scheme is expected to be implemented in period between August and Early September. Taylor Collison Limited is acting as corporate advisor and Scott Gibson, David Church and Dan Smailes of Thomson Geer as legal advisor to Chesser. INFOR Financial is acting as corporate advisor, Blake, Cassels & Graydon LLP is acting as Fortuna’s legal counsel and Allens as Australian legal advisor to Fortuna. Computershare Investor Services Pty Limited is acting as Chesser's registrar. As of August 25, 2023, requisite majorities of Chesser shareholders today voted in favour of the proposed scheme of arrangement pursuant to which Fortuna will acquire 100% of the share capital of Chesser. The Scheme remains subject to the Federal Court of Australia approving the Scheme at a hearing currently scheduled on September 6, 2023 and remaining conditions being satisfied or waived prior to the Second Court Hearing. The transaction is expected to occur on or about September 21, 2023. Fortuna Silver Mines Inc. (TSX:FVI) completed the acquisition of Chesser Resources Limited (ASX:CHZ) on September 7, 2023. As on September 6, 2023, Federal Court of Australia has approved the scheme of arrangement between Fortuna Silver Mines Inc. and Chesser Resources, and has been lodged with the Australian Securities and Investments Commission. On completion, Chesser Shares will be suspended from trading on the ASX with effect at close of trading on September 7, 2023. Pursuant to the Scheme, Chesser shareholders who hold shares on 14 September 2023 will receive 0.0248 Fortuna common shares per Chesser Share held (Scheme Consideration) other than ineligible foreign shareholders and small shareholders who made a valid election to participate in the sale facility. Grant Thornton Corporate Finance Pty Ltd acted as fairness opinion provider to the Chesser shareholders.分析記事 • Apr 05Chesser Resources (ASX:CHZ) Will Have To Spend Its Cash WiselyThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...Reported Earnings • Mar 17First half 2023 earnings released: AU$0.004 loss per share (vs AU$0.004 loss in 1H 2022)First half 2023 results: AU$0.004 loss per share (in line with 1H 2022). Net loss: AU$2.39m (loss widened 39% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.お知らせ • Dec 12Chesser Resources Limited Reports on Its Updated Scoping Study Results and Mineral Resource Update for Areas D and A At the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited reported on its updated Scoping Study ("SS") results and Mineral Resource update for Areas D and A at the Diamba Sud Gold Project in Senegal, West Africa. The Diamba Sud Gold Project covers an area of 53.2km2 and is located in eastern Senegal within the highly prospective Senegal Mali Shear Zone orogenic belt. The Project is located 12km southwest of Barrick's Loulo mine (12.5 million ounces) and only 7km west of Barrick's Gounkoto mine (5.5 million ounces), both across the border in Mali. The initial Diamba Sud Scoping Study1 (released 15 March 2022 and updated 27 October 2022) has been updated to incorporate the new Mineral Resources at Karakara (released 27 October 2022) and Bougouda (released 8 September 2022) and the updated Area D Mineral Resources (included in this release). Input parameters are consistent with the Scoping Study published on 15th March 2022 and the update published on 27 October 2022, other than those discussed below. Mine optimisation, design and scheduling were undertaken by Kenmore Mine Consulting. New pit designs were generated for the Area D, Area D South, Karakara and Bougouda resource areas using the slope design parameters in the SS nominally using the USD 1,500/oz optimised pit shells. The pit design for Area A remained unchanged. Total in-pit Mineral Resources increased 17% to 13.9Mt @ 1.7g/t 762koz, Table 1 from the previous SS numbers. Ore loss of 5% and dilution of 10% was applied to all Mineral Resources within each pit except Bougouda where the resource model was re-blocked to a block size of 2.5x5x5m to simulate a mining unit or SMU due to the narrow nature of the vein-hosted mineralisation. The resultant dilution was 94% and a 5% ore loss was also applied at Bougouda. In Area A the metal and grade reduced slightly from previously reported due to an incorrect ore loss calculation used by the previous consultant which slightly reduced the in-pit Production Target from 5.2Mt @ 1.7g/t gold for 280koz to 5.2Mt @ 1.6g/t gold for 270koz. This error has also affected the previous Area D reporting. A mining schedule was generated to maintain a processing rate of 2Mtpa and minimise equipment required which resulted in a pit mining sequence starting at Area D followed by Area A then Area D South, Karakara and Bougouda. The mining schedule was incorporated into the financial model using SS costs except for Bougouda where an additional USD 0.20/t small pit mining cost and a USD 2.55/t haulage cost (17km @ USD 0.15/tkm) was applied.最新情報をもっと見るRecent updatesお知らせ • Sep 21+ 1 more updateChesser Resources Limited Announces Resignation of Andrew Grove as Chief Executive OfficerChesser Resources Limited announced that the scheme of arrangement pursuant to which Fortuna Silver Mines Inc. (Fortuna) will acquire 100% of the share capital of Chesser (Chesser Shares) has been implemented (Scheme). Following implementation of the Scheme: Mr. Andrew Grove resigned as Chief Executive Officer of the Company with immediate effect.New Risk • Sep 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.6% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$11m free cash flow). Earnings have declined by 28% per year over the past 5 years. Revenue is less than US$1m (AU$10k revenue, or US$6.7k). Minor Risks Shareholders have been diluted in the past year (6.6% increase in shares outstanding). Market cap is less than US$100m (AU$65.8m market cap, or US$42.3m).お知らせ • Sep 09Fortuna Silver Mines Inc. (TSX:FVI) completed the acquisition of Chesser Resources Limited (ASX:CHZ).Fortuna Silver Mines Inc. (TSX:FVI) made a binding proposal to acquire Chesser Resources Limited (ASX:CHZ) for AUD 83 million on May 8, 2023. The scheme will be implemented at a consideration exchange ratio of 0.0248. The scheme is subject to court approval and Chesser shareholder approval. The transaction is unanimously recommended by Chesser Board. A scheme meeting will be convened in August , 2023, for Chesser shareholders to approve the scheme. As of May 8, 2023, the scheme has been unanimously approved by the board of Fortune. The scheme is expected to be implemented in period between August and Early September. Taylor Collison Limited is acting as corporate advisor and Scott Gibson, David Church and Dan Smailes of Thomson Geer as legal advisor to Chesser. INFOR Financial is acting as corporate advisor, Blake, Cassels & Graydon LLP is acting as Fortuna’s legal counsel and Allens as Australian legal advisor to Fortuna. Computershare Investor Services Pty Limited is acting as Chesser's registrar. As of August 25, 2023, requisite majorities of Chesser shareholders today voted in favour of the proposed scheme of arrangement pursuant to which Fortuna will acquire 100% of the share capital of Chesser. The Scheme remains subject to the Federal Court of Australia approving the Scheme at a hearing currently scheduled on September 6, 2023 and remaining conditions being satisfied or waived prior to the Second Court Hearing. The transaction is expected to occur on or about September 21, 2023. Fortuna Silver Mines Inc. (TSX:FVI) completed the acquisition of Chesser Resources Limited (ASX:CHZ) on September 7, 2023. As on September 6, 2023, Federal Court of Australia has approved the scheme of arrangement between Fortuna Silver Mines Inc. and Chesser Resources, and has been lodged with the Australian Securities and Investments Commission. On completion, Chesser Shares will be suspended from trading on the ASX with effect at close of trading on September 7, 2023. Pursuant to the Scheme, Chesser shareholders who hold shares on 14 September 2023 will receive 0.0248 Fortuna common shares per Chesser Share held (Scheme Consideration) other than ineligible foreign shareholders and small shareholders who made a valid election to participate in the sale facility. Grant Thornton Corporate Finance Pty Ltd acted as fairness opinion provider to the Chesser shareholders.分析記事 • Apr 05Chesser Resources (ASX:CHZ) Will Have To Spend Its Cash WiselyThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...Reported Earnings • Mar 17First half 2023 earnings released: AU$0.004 loss per share (vs AU$0.004 loss in 1H 2022)First half 2023 results: AU$0.004 loss per share (in line with 1H 2022). Net loss: AU$2.39m (loss widened 39% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.お知らせ • Dec 12Chesser Resources Limited Reports on Its Updated Scoping Study Results and Mineral Resource Update for Areas D and A At the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited reported on its updated Scoping Study ("SS") results and Mineral Resource update for Areas D and A at the Diamba Sud Gold Project in Senegal, West Africa. The Diamba Sud Gold Project covers an area of 53.2km2 and is located in eastern Senegal within the highly prospective Senegal Mali Shear Zone orogenic belt. The Project is located 12km southwest of Barrick's Loulo mine (12.5 million ounces) and only 7km west of Barrick's Gounkoto mine (5.5 million ounces), both across the border in Mali. The initial Diamba Sud Scoping Study1 (released 15 March 2022 and updated 27 October 2022) has been updated to incorporate the new Mineral Resources at Karakara (released 27 October 2022) and Bougouda (released 8 September 2022) and the updated Area D Mineral Resources (included in this release). Input parameters are consistent with the Scoping Study published on 15th March 2022 and the update published on 27 October 2022, other than those discussed below. Mine optimisation, design and scheduling were undertaken by Kenmore Mine Consulting. New pit designs were generated for the Area D, Area D South, Karakara and Bougouda resource areas using the slope design parameters in the SS nominally using the USD 1,500/oz optimised pit shells. The pit design for Area A remained unchanged. Total in-pit Mineral Resources increased 17% to 13.9Mt @ 1.7g/t 762koz, Table 1 from the previous SS numbers. Ore loss of 5% and dilution of 10% was applied to all Mineral Resources within each pit except Bougouda where the resource model was re-blocked to a block size of 2.5x5x5m to simulate a mining unit or SMU due to the narrow nature of the vein-hosted mineralisation. The resultant dilution was 94% and a 5% ore loss was also applied at Bougouda. In Area A the metal and grade reduced slightly from previously reported due to an incorrect ore loss calculation used by the previous consultant which slightly reduced the in-pit Production Target from 5.2Mt @ 1.7g/t gold for 280koz to 5.2Mt @ 1.6g/t gold for 270koz. This error has also affected the previous Area D reporting. A mining schedule was generated to maintain a processing rate of 2Mtpa and minimise equipment required which resulted in a pit mining sequence starting at Area D followed by Area A then Area D South, Karakara and Bougouda. The mining schedule was incorporated into the financial model using SS costs except for Bougouda where an additional USD 0.20/t small pit mining cost and a USD 2.55/t haulage cost (17km @ USD 0.15/tkm) was applied.分析記事 • Nov 10We're Keeping An Eye On Chesser Resources' (ASX:CHZ) Cash Burn RateThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...お知らせ • Nov 07Chesser Resources Limited Provides Update on Activities from the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited provided an update on activities from the Diamba Sud Gold Project in Senegal, West Africa. This release reports on the Definitive Feasibility Study (DFS) results from Diamba Sud received to date. METALLURGICAL TESTWORK RESULTS; The DFS metallurgical testwork is being undertaken by ALS Metallurgy Pty Ltd. in Perth, Western Australia under the supervision of Mintrex. Extensive metallurgical sampling has been undertaken for the full DFS testwork program and includes: 61 diamond core sample intervals weighing 1.7 tonnes for DFS design testwork; 34 diamond core sample intervals weighing 0.8 tonnes for the variability testwork. All samples are at ALS in Perth. Samples were collected based on geographic distribution, grade, oxidation state and host rock lithology over the mineral resource areas of Areas A, D and D South (one hole) and Karakara. This report details the results of the comminution and grind establishment testwork undertaken on the DFS metallurgical design samples. Metallurgical testwork is continuing on leaching optimisation, mineralogical analysis, rheology, settling tests and variability testwork. COMMINUTION; Samples were selected from Areas A and D and Karakara. Sample ID's are identified by their area of origin, section, and ore domain e.g. AB Fresh-1 comes from section B of Area A, and made up of samples from the fresh ore domain. Each sample has been tested for Bond Ball Mill (BWi), Abrasion (Ai) and Crushing Work (CWi) indices as well as SMC testwork. The oxide material (about 41% of the current Scoping Study ore feed and 30% of the mineral resources) was found to be very soft and friable compared to the fresh ore and was thus difficult to test for hardness. The fresh ore has been used as the basis for comminution circuit design as they make up most of the resource and will be treated separately (no blending). The fresh ore is moderately hard and abrasive, with relatively low energy required for crushing. Three samples returned higher BWi results (greater than 19kWh/t), and all included a portion of mineralised granite lithology which represents <10% of the potential ore feed. Comminution modelling by Orway Mineral Consultants has been undertaken with the assumption that the plant will treat oxide material in the first 12 to 18 months followed by fresh material for the rest of the mine life. A SAG mill-recycle-crusher-ball mill (SABC) circuit has been identified as the optimum comminution flowsheet for treating the resource, as this will suit both the early low-energy oxide feed and the later harder fresh ore.お知らせ • Oct 28Chesser Resources Limited Reports on its Maiden Mineral Resource Estimate over Karakara at the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited reported on its maiden Mineral Resource estimate ("Resource") over Karakara at the Diamba Sud Gold Project in Senegal, West Africa. The Diamba Sud Gold Project covers an area of 53.2km2 and is located in eastern Senegal within the highly prospective Senegal Mali Shear Zone orogenic belt. The Project is located 12km southwest of Barrick's Loulo mine (12.5 million ounces) and only 7km west of Barrick's Gounkoto mine (5.5 million ounces), both across the border in Mali. Karakara is located 1.2km southwest of Area D and over a geochemical anomaly coincident with the interpreted trend of the Northern Arc structure. Mineralisation is predominantly associated with quartz-carbonate-hematite-albite-pyrite alteration within hydrothermally altered brecciated sedimentary rocks. Drilling has defined shallow, high-grade mineralisation over at least ~250m of strike. The Karakara maiden Mineral Resource estimate was undertaken by Mr. Brenton McWhirter Member of Australian Institute of Geoscientists ("MAIG") and Mr. Andrew Grove (MAIG) and includes all drilling up to 1 September 2022 using Ordinary Kriging estimation methodology. The Karakara Resource has been reported in accordance with the JORC Code (2012) and is effective as of 26 October 2022. The Mineral Resources were reported within a pit shell using metal price assumptions of $1,800/oz gold, input parameters from the updated Scoping Study and were reported above a 0.5g/t gold cut-off grade ("COG"). Full details of the Resource Estimation can be found in Attachment 1 and JORC tables at the end of this report. The key attributes of the maiden Mineral Resource at Karakara are as follows: High-grade ounces: 116koz @ 2.1g/t gold which is relatively insensitive to changes in COG; High-value ounces: for future processing plant located on the Diamba Sud tenement, ~1.5km to the northeast and Continuous mineralisation: mineralised structures continuous over +250m strike. Exploration upside: opportunities to extend mineralisation along strike and on margins of defined mineralization High confidence Resource: 59% of the ounces falling within the Indicated Classification. In preparation for updating the Diamba Sud Scoping Study reported by the Company on 15 March 2022 ("Original SS") with the maiden Karakara resource and the impending update of the Area D resource, Chesser became aware of an issue with the mining schedule used in the Original SS model. The mining schedule used was not derived from the Original SS pit designs but a larger optimisation shell. A revised mining schedule generated from the Original SS pit designs resulted in a 13% reduction in recovered gold and a 9% reduction in economics compared to the Original SS. Whilst this error is disappointing, the project remains robust with very strong economics and rapid payback, and the Mineral Resources remain valid. The company expects the reduced production will be recovered, and the economics will be improved with the inclusion of the Karakara maiden resource and a pending update to the Area D resource in an updated Scoping Study expected to be completed during the December 2022 quarter. The updated mining schedule now agrees with the pit design. The use of the updated mining schedule resulted in a 3% reduction in total material mined, a 20% reduction in ore tonnage, a 6% increase in grade and a 13% reduction in contained gold. The SS financial model was re-run using the correct mining schedule keeping all other parameters consistent with the SS published on 15th March 2022. The variances in mining and processing costs are due to the change in portions of oxide and fresh materials in the new mining schedule only as no change to the basis of the costs has been made. The updated schedule resulted in a negative 9% impact on the Project post tax NPVCF5% using a gold price of US$1600/oz, reducing it from $224 million to $203 million. With the addition of Karakara Mineral Resources and the updated Area D resources the Company expects to see a significant uplift in the Project economics. The economics from the updated SS model continue to clearly demonstrate a robust highly economic project, NPVCF5% $203 million IRR 47% with a 17-month payback. The updated mining schedule has condensed gold production with and average of 100koz pa produced from the project over 6 years at a low AISC of $784/oz. The lower AISC compared to the previous model is a result of higher annual gold production, shorter mine life reducing the carrying costs and a larger portion of the overall ore feed being oxide: Previous oxide 35% tonnes and 41% ounces and Updated schedule oxide 43% tonnes and 47% ounces which have a significantly lower operating cost profile. Work on the updating of the Mineral Resource estimate for Area D has commenced and will be released once completed in Fourth Quarter 2022 followed by an update to the Scoping Study including both the Karakara maiden mineral resource and the Area D updated mineral resource. The Phase 9 drilling campaign aimed at adding additional resources, testing exploration targets and providing inputs into DFS at Diamba Sud is expected to commence in the December quarter following a detailed review and planning exercise. Baseline environmental and ESIA studies are ongoing over the Project area with the wet season field survey to be undertaken in November. Definitive Feasibility Studies to support future development at Diamba Sud are ongoing with initial metallurgical testwork results expected to be delivered during the quarter. Initial reconnaissance exploration activities to commence over the new tenements, Bondala and Morichou will be undertaken.Reported Earnings • Oct 01Full year 2022 earnings released: AU$0.007 loss per share (vs AU$0.007 loss in FY 2021)Full year 2022 results: AU$0.007 loss per share (in line with FY 2021). Net loss: AU$3.60m (loss widened 31% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Sep 27Chesser Resources Limited, Annual General Meeting, Nov 03, 2022Chesser Resources Limited, Annual General Meeting, Nov 03, 2022. Agenda: ANNUAL GENERAL MEETING.お知らせ • Sep 12Chesser Resources Limited Announces Appointment of Mark Somlyay as Chief Financial OfficerChesser Resources Limited announced the appointment of Mr. Mark Somlyay as its new Chief Financial Officer ("CFO") commencing in October 2022. Mr. Somlyay has over 20 years experience in senior finance, commercial and business improvement roles within the mining industry. Importantly, a majority of his experience has been in West Africa and in francophone jurisdictions. Mr. Somlyay joins Chesser from Perseus Mining Limited where he held various positions including Group General Manager Commercial, both within West Africa and at its corporate office where he was intimately involved in the successful recent development and funding of both the Sissingué and Yaouré gold mines in Côte d'Ivoire. Mr. Somlyay holds a Bachelor of Commerce from the University of Queensland and an Australian CPA accreditation.お知らせ • Sep 08Chesser Resources Limited Reports Maiden Mineral Resource Estimate over Bougouda At the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited reported on its maiden Mineral Resource estimate ("Resource") over Bougouda at the Diamba Sud Gold Project in Senegal, West Africa. The Diamba Sud Gold Project covers an area of 53.2km2 and is located in eastern Senegal within the highly prospective Senegal Mali Shear Zone orogenic belt. The Project is located 12km southwest of Barrick's Loulo mine (12.5 million ounces) and only 7km west of Barrick's Gounkoto mine (5.5 million ounces), both across the border in Mali. Bougouda is located in the southern extent of the tenement approximately 14km south of the Area A and D resources and mineralization occurs within quartz-hematite-pyrite-carbonate veins that intrude through diorite over a strike of at least 650m. The Bougouda maiden Mineral Resource estimate was undertaken by Mr. Brenton McWhirter and Mr. Andrew Grove (MAIG) and including all drilling up to 4 July 2022 using Inverse Distance Squared ("ID2") estimation methodology. The Bougouda Resource has been reported in accordance with the JORC Code (2012) and is effective as of 25 August 2022. The Open Pit Mineral Resources were reported within a pit shell using metal price assumptions of USD 1,800/oz gold, input parameters from the recently completed Scoping Study1 and were reported above a 0.5g/t gold cut-off grade ("COG"). Underground Resources were reported below the USD 1,800/oz gold pit shell and reported above a 3.0g/t gold COG to reflect the higher potential cost of underground mining. The key attributes of the maiden Mineral Resource at Bougouda are as follows: High-grade ounces: 52koz @ 4.7g/t gold which is relatively insensitive to changes in COG, High-value ounces: for future processing plant located on the main Diamba Sud tenement, 14km to the north, Continuous mineralization: mineralized structures continuous over +650m strike length and trends into neighboring Barrick tenement and Exploration upside: opportunities to extend mineralization at depth and identify similar mineralized structures. The Phase 8 drill program has been completed and all assays have now been released. Maiden Mineral Resource estimate over Karakara plus an update of the Area D Mineral Resources have commenced and will be released once completed in Fourth Quarter 2022. Definitive Feasibility Studies are ongoing.お知らせ • Aug 17Chesser Resources Limited Provides an Update on the Exploration and Development Activities from the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited provided an update on the exploration and development activities from the Diamba Sud Gold Project in Senegal, West Africa. Step out drilling on the western margin of Area D intersected numerous shallow mineralised intervals (Figure 1) outside the existing Mineral Resources and the Scoping Study pit shell. These drill results should add to the Mineral Resource inventory in this area when updated later in the year. Mineralisation remains open to the west. DSDD089 (Figure 1) has extended near surface mineralisation to the south and intersected deeper mineralisation which potentially indicates a new load at depth connecting to DSDD028: 9.5m @ 3.6 g/t gold from 145m, 25m to the north. Western Splay area is defined by co-incident gold auger geochemical anomaly and a geophysical feature approximately 5km to the southwest of the Area A that has been subject to artisanal mining activity. Previous drilling has defined a 300m open ended mineralised structure trending northwest- southeast between Moungoundi and Western Splay. The geology and mineralisation controls in the area are complex. Mineralised intervals are associated with albite-hematite-carbonate-quartz-pyrite alteration within brecciated sedimentary units and granites. The area has been extensively intruded by granite and diorite dykes.お知らせ • Jun 07Chesser Resources Limited Provides Update on the Exploration and Development Activities from the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited provided an update on the exploration and development activities from the Diamba Sud Gold Project in Senegal, West Africa. Assay results were also returned from forty rock chip samples over various prospects on the Diamba Sud tenement. Karakara is located 1.2km southwest of Area D and over a geochemical anomaly coincident with the interpreted trend of the Northern Arc structure. Drilling has defined shallow, high-grade mineralisation over 200m of strike. Mineralisation appears to be predominantly associated with quartz-carbonate-hematite-albite-pyrite alteration within hydrothermally altered brecciated sedimentary rocks, however mineralisation in the granites has also been observed. The north-south trending, east dipping sedimentary sequence is bounded by granite to the east and west. The geometry of the mineralisation is complex but may be associated with folding and an anticlinal structure observed in core and geophysics. Results were returned from four DD and nineteen RC holes which confirms the main high-grade mineralised structure at Karakara . DSDD074 was drilled on section line 1,428,200mN and under cuts the previously reported DSDD070 drilled below the historical artisanal workings. Results returned multiple high-grade intercepts supporting the results in the adjacent drill hole (Figure 5). Mineralisation remains open to the south and at depth in this area.お知らせ • May 09Chesser Resources Limited Provides Update on Drilling Results from the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited provided an update on drilling results from the Diamba Sud Gold Project in Senegal, West Africa. This release reports on the initial batch of assay results from the Phase 8 drill program from two diamond drill ("DD") holes, totalling 445m, and two reverse circulation ("RC") drill holes, totalling 252m, over the Karakara prospect on the Diamba Sud tenement. Karakara is located 1.2km southwest of Area D and over a geochemical anomaly coincident with the interpreted trend of the Northern Arc structure. Drilling late in 2021 defined shallow, high-grade mineralisation over 125m of strike. An extensive drill program has been completed over Karakara to define the strike and depth extents of mineralisation. A total of nine DD holes for 2,049m and 21 RC holes for 2,374m have been drilled thus far. Consistent with other jurisdictions, assay returns have been disappointingly slow, and measures have been put in place to try and expediate the return of results. Mineralisation appears to be associated with quartz-carbonate-hematite-albite-pyrite alteration within hydrothermally altered brecciated sedimentary rocks. The north-south trending, east dipping sedimentary sequence is bounded by granite to the east and west. The geometry of the mineralisation is complex. The outstanding assay results should assist in better understand the controls and geometry of mineralisation. Drill results from the existing two most northern drill traverses confirmed historical high-grade mineralisation. Results included: DSR348 (1,428,400mN) (Figure 2): 6m @ 5.0 g/t Au from 66m. 5m @ 19.0 g/t Au from 99m. DSDD069 (1,428,375mN) (Figure 3): 8m @ 4.2 g/t Au from 75m. 2.3m @ 2.3 g/t Au from 94.8m. Drilling on section line 1,428,450mN, 50m north of the existing drilling, did not intersect the favourable sedimentary rocks and may represent the northern extent of mineralisation in that area. Results from one of the holes drilled on that line were returned with a modest mineralised intersection close to surface. DSR347 (1,428,450mN): 5m @ 1.5g/t Au from 2m. DSDD070 was drilled on section line 1,428,200mN approximately 75m south of the existing drilling and was drilled at a low angle (50 degrees) to the west to test below the extensive historical artisanal workings prior to the area being fully rehabilitated and safe to operate over. Results returned multiple high-grade intercepts in the eastern sedimentary package. DSDD070 (1,428,200mN) (Figure 4): 1m @ 16.6 g/t Au from 46m. 5m @ 1.7 g/t Au from 57m. 5m @ 7.5 g/t Au from 66m. 6m @ 4.1 g/t Au from 75m. 1m @ 18.1 g/t Au from 98m. 3m @ 6.6 g/t Au from 203m. Drill coverage over the artisanal workings is still very sparse with additional drilling required to fully test the area. Drilling immediately north of the workings has intersected numerous zones of strong quartz-carbonate-hematite-albite-pyrite alteration in sedimentary conglomerates (example being DSR365, Figure 5) that may represent additional mineralised structures emanating from the artisanal working area and west of the existing mineralisation trend. Assay results are pending. Follow up drilling is programed to follow up on the receipt of positive assay results from the current drilling, however based on the results to date Karakara is highly likely to add significantly to the Mineral Resource inventory at Diamba Sud. An initial resource estimate for Karakara will be undertaken during 2022.分析記事 • Mar 10Is Chesser Resources (ASX:CHZ) In A Good Position To Invest In Growth?Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...お知らせ • Dec 22Chesser Resources Limited Provides Update on Drilling Results from the Diamba Sud Gold Project IChesser Resources Limited provided an update on drilling results from the Diamba Sud Gold Project in Senegal, West Africa. This release reports on the Phase 7 drill results from 33 reverse circulation drill holes, totalling 4,178m over three prospects on the Diamba Sud tenement Area H - 14 RC drill holes totalling 2,147m Western Splay - 9 RC drill holes totalling 990m Area F - 10 RC drill holes totalling 1,041m In addition, the results from two diamond drill holes from the Area A resource definition drilling program were returned, totalling 163.5m. Area H is located 1.2km southwest of Area D and located over a geochemical anomaly coincident with the interpreted trend of the Northern Arc structure. A single RC drill traverse (six holes), reported 23 April 20212, defined a steep dipping mineralised structure with intercepts including: DSR263: 4m at 9.6 g/t gold; DSR262: 11m at 2.1 g/t gold; DSR263: 3m at 1.7 g/t gold, 2m at 2.5 g/t gold, 5m at 3.4 g/t gold and 5m at 4.2g/t gold and DSR264: 9m at 1.9 g/t gold. Fourteen RC drill holes were drilled on six 25m spaced drill traverses following up on the previous results. Significant mineralisation was intercepted on all drill traverses over the 125m of strike drilled with mineralisation remaining open along strike in both directions and at depth. Mineralisation appears to be associated with quartz-carbonate-hematite-albite-pyrite alteration within hydrothermally altered brecciated sedimentary rocks. The north-south trending steep dipping sedimentary sequence is bounded by granite to the east and west. The geometry of the mineralisation appears to be moderately west dipping within the steeply dipping sedimentary rock sequence, however more work is required to fully understand the controls and geometry of mineralisation. Significant results achieved in the recent drill program include: DSR323: 17m at 9.6 g/t gold, 10m at 5.8 g/t gold and 4m at 4.1 g/t gold; DSR341: 6m at 3.5 g/t gold, 17m at 1.1 g/t gold, 9m at 4.2 g/t gold, 5m at 3.0g/t gold, 12m at 7.0 g/t gold and 1m at 11.8g/t gold; DSR345: 3m at 11.4 g/t gold, 8m at 10.5 g/t gold, 15m at 1.9 g/t gold and 9m at 2.9 g/t gold; DSR342: 4m at 1.2 g/t gold, 18m at 2.3 g/t gold, 10m at 2.7 g/t gold and 8m at 2.9 g/t gold; DSR343: 13m at 3.0 g/t gold, 14m at 4.0 g/t gold and 6m at 1.7 g/t gold and DSR340: 7m at 2.5 g/t gold, 2m at 2.7 g/t gold and 9m at 2.8 g/t gold. Area H will be subject to additional drilling early next year as it appears highly likely that a resource will be defined over this area. Western Splay area is defined by co-incident gold auger geochemical anomalies and a geophysical feature approximately 5km to the southwest of the Area A. Sixteen RC drill holes have previously been drilled over the area, reported 3 April 2017, 21 July 2020, 28 July 2020, and 23 April 20214. Historical drilling defined a 300m open ended mineralised structure trending northwest-southeast, results included: DSR145: 22m at 2.1 g/t gold; DSR150: 2m at 19.8 g/t gold and DSR152: 10m at 1.1 g/t gold and 6m at 1.8 g/t gold. Nine RC drill holes were drilled during the Phase 7 drill program over the northwest end of the previous previously defined mineralised structure. Section line 1426375mN intersected the mineralised structure in holes DSR330, DSR331 and DSR333. Mineralised intervals were associated with pyrite mineralisation and albite-hematite-carbonate-quartz alteration within brecciated sedimentary units. The northwest-southeast mineralised trend has been confirmed from the drill results and structure remains open along strike. Results from the other drill traverses only returned narrow mineralised results, however drilling was located south and off the mineralised trend. The identified mineralised trend will be subject to further drilling in the next drill program. Significant results including: DSR331: 16m at 1.9 g/t gold; DSR330: 17m at 1.4 g/t gold; DSR333: 5m at 4.4 g/t gold and 2m at 3.5 g/t gold. Only minor mineralised intercepts were returned from the 10 RC drill holes drilled to follow up historical intercepts at Area F. Further review will be required to understand these results. Significant results including: DSR313 1m at 1.1 g/t gold and DSR315 1m at 1.1 g/t gold.分析記事 • Nov 23Is Chesser Resources (ASX:CHZ) In A Good Position To Deliver On Growth Plans?We can readily understand why investors are attracted to unprofitable companies. For example, although...Reported Earnings • Oct 01Full year 2021 earnings released: AU$0.006 loss per share (vs AU$0.004 loss in FY 2020)Full year 2021 results: Net loss: AU$2.75m (loss widened 142% from FY 2020). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Aug 03Chesser Resources (ASX:CHZ) Is In A Good Position To Deliver On Growth PlansJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...お知らせ • Jul 02Chesser Resources Limited Provides Update on Drilling Results from the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited provided an update on drilling results from the Diamba Sud Gold Project in Senegal, West Africa. This release reports on the second batch of resource definition drill results from three diamond drill ("DD") holes, totaling 200m and seven reverse circulation ("RC") drill holes, totaling 1,184m. DD drilling targeted the eastern margin of the Area D resource area. The RC drilling was completed over the northern extent of Area A. DIAMBA SUD DRILLING - AREA D - This second batch of resource definition assay results received was from the three DD drill holes targeting the eastern high-grade margin of Area D, between sections 1429450mN and 1429425mN. Drilling targeted the near-surface extensions of previously defined oxide mineralisation. DSDD041 was only drilled to a down hole depth of 21m to cover the top part of DSDD040 due to poor core recovery in the upper part of that hole. The results confirmed the continuity and thick high-grade nature of the mineralisation in this area with better results including: DSDD040: 29.4m at 5.0 g/t gold and 0.7m at 3.4 g/t gold; and DSDD042: 41.5m at 3.9 g/t gold, 5m at 1.2 g/t gold and 6m at 1.0 g/t gold. AREA A - The seven RC drill holes reported in this release were drilled over the northern extent of the Area A resource area between and including sections 1429635mN and 1429685mN. Mineralization was intersected in numerous intervals down hole corresponding to calcareous sedimentary breccia rock units which are in turn truncated against a flat lying felsic intrusive unit. The sedimentary breccia rock units are a strong focus for mineralization due to favorable rheological and chemical characteristics and the interplay with other mineralized structures should become more evident as additional results are received from this drill program. Significant drill results including: DSR287: 10m at 6.3 g/t gold, hole ended in mineralization and being replaced by DSR305 (results pending); DSR283: 6m at 1.8 g/t gold, 7m at 1.8 g/t gold and 3m at 2.6 g/t; DSR284: 1m at 19.0 g/t gold; DSR286: 7m at 1.3 g/t gold; and DSR289: 3m at 2.4 g/t gold. Current drill program - Approximately 9,000m of the Resource Definition drill program has been undertaken to date. The RC rig has been demobilised from site and there are two diamond drill rigs drilling on site with the aim of completing the program by mid July. The drill program is designed to infill and extend the identified mineralization, demonstrate the scale of the mineralized systems, and to better understand the controls on mineralization over both Areas A and D. It is anticipated that after completion of this current phase of drilling the drill data coverage will be sufficient to undertake a maiden Mineral Resource estimate over Area A and Area D. A series of metallurgical samples from Area D oxide and fresh diamond core have arrived in Perth for preliminary metallurgical analysis by ALS under the supervision of Lycopodium. It is expected that these results will be available to support the maiden Mineral Resource Estimate and will confirm the previous excellent results retuned from Area A, averaging 96% gold recovery from fresh rock samples.お知らせ • May 31Chesser Resources Limited Provides an Update on Drilling Results from the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited provided an update on drilling results from the Diamba Sud Gold Project in Senegal, West Africa. This release reports on the initial batch of resource definition drill results drill from five diamond drill ("DD") holes, totaling 249m and one reverse circulation ("RC") drill hole, totaling 200m. Diamond drilling targeted the north-eastern corner of the Area D resource area. The RC drill hole was the first hole of this program drilled at Area A. DIAMBA SUD DRILLING - Area D: This initial batch of resource definition assay results was from the first five diamond drill holes drilled over the north-eastern corner of Area D, between sections 1429475mN and 1429575mN. Drilling targeted the near-surface extensions of previously defined oxide mineralisation. The results confirmed the continuity and high-grade nature of the mineralisation in this area with better results including: DSDD035: 10.7m at 15.5 g/t gold and 13m at 5.3 g/t gold - DSDD036: 5.3m at 7.3 g/t gold - DSDD038: 7.5m at 2.8 g/t gold - DSDD039: 4.9m at 2.0 g/t gold. Area A: DSR282 was the first drill hole completed at Area A of this program and was drilled on the eastern end of a new drill traverse along section 1429640mN. Mineralisation was intersected in numerous intervals down hole corresponding to calcareous sedimentary rock units. Assay results from the RC drill hole included: 2m at 5.2 g/t gold - 5m at 1.1 g/t gold - 5m at 1.1 g/t gold. Additional drill results will be required to fully interpret these results. NEXT STEPS: Current drill program: Approximately 6,000m of the Resource Definition drill program has been undertaken to date. The RC and diamond drill program is designed to infill and extend the identified mineralisation, demonstrate the scale of the mineralised systems, and to better understand the controls on mineralisation over both Areas A and D. The program is aimed to be completed within this current field season, ending late June early July. It is anticipated that after completion of this current phase of drilling the drill data coverage will be sufficient to undertake a maiden Mineral Resource estimate over Area A and Area D. A series of metallurgical samples from Area D oxide and fresh diamond core has been collected and are being sent to ALS in Perth for preliminary metallurgical analysis under the supervision of Lycopodium. It is expected that these results will be available to support the maiden Mineral Resource Estimate and will confirm the previous excellent results retuned from Area A, averaging 96% gold recovery from fresh rock samples. Other exploration: The Induced Polarisation geophysical survey is ongoing with the aim of improving the resolution of the existing data and extending the Ground Array Induced Polarisation ("GAIP") cover over the Diamba Sud tenement. GAIP has been proven effective for identifying structures and certain lithological units, such as granitoids.分析記事 • Apr 18We Think Chesser Resources (ASX:CHZ) Can Afford To Drive Business GrowthThere's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, Chesser...お知らせ • Mar 04Chesser Resources Limited Provides an Update on Drilling Results from the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited provided an update on drilling results from the Diamba Sud Gold Project in Senegal, West Africa. This release reports on the drill assay results from four diamond ("DD") drill holes and 16 reverse circulation ("RC") drill holes, totaling 605m and 2,216m respectively. All holes are from Area D, except four RC drill holes which are the final drill results from at Area A - DSR226 to 228 and DSR243. The Area D drill program was designed to target the extent of the high-grade flat lying oxide zone and the underlying fresh rock sulphide mineralisation in Area D. Mineralisation in both the oxide and the underlying fresh rock appears to trend in a northwest and northeast direction controlled by faulting. Mineralisation in the fresh rock is associated with hydrothermal breccias and stockworks in the carbonate rich lithologies. In the northeast, drilling defined thick high grade oxide mineralisation in drill holes DSDD029: 41.5m at 6.77 g/t gold, DSR234: 35m at 3.21 g/t gold and DSR235: 34m at 1.69 g/t gold. Oxide mineralisation appears to be locally conformable with the interpreted northeast-southwest trending fault that offsets Area A and Area D. Oxide mineralisation remains open in that direction although more confined than to the southwest. The mineralised intercept in diamond drill hole DSDD029, strongly supports the previously drilled RC drill results in that area. Drilling along section 1,429,600mN appears to have cut off mineralisation to the north. In the central area, oxide mineralisation has been extended to the west with DSR231: 16m at 2.69 g/t gold and DSR232: 10m at 2.73 g/t gold and 7m at 1.10g g/t gold. The outstanding drill results will determine how far mineralisation extend to the west and/or to the northwest in that area. In the southern area mineralisation again appears to be confined around the trace of the interpreted northeast-southwest trending fault, DSDD028: 10m at 7.33 g/t gold and DSR230: 18m at 1.55 g/t gold. Mineralisation is open towards the southwest.お知らせ • Feb 03Chesser Resources Limited Provides Update on Drilling Results from Its Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited provided an update on drilling results from its Diamba Sud Gold Project in Senegal, West Africa. The company reported assay results from 4 diamond holes (DD) and 21 reverse circulation (RC) holes, totalling 1,058m and 2,970m respectively completed at Area A in November and December 2020. Recent drilling completed at Area A focussed on confirming the continuity of the northeast-trending SWF1 and SWF2 structures, to assist in the development of a geological model, and testing the northwest-trending, dilational fault to the southeast for possible strike extensions. Further high-grade wide intersections were encountered in holes DSR206 and DSR200 on the 485N and 435N lines respectively corresponding to the SWF2 structure. Hole DSR206 intersected 25 m at 7.20 g/t gold from 102 m, including 9 m at 11.55 g/t gold from 104 m, and 1m at 11.30 g/t gold from 121m. Hole DSR200 returned 21 m at 4.17 g/t gold from 113 m, including 5 m at 7.42 g/t gold from 114 m. These results highlight the consistency and high-grade nature of mineralisation around the intersection of the northwest dilation fault and the SWF1 and SWF2 structures. These new results have firmed up the geological model at Area A and are expected to contribute positively to resource estimate studies at Diamba Sud that the Company is expecting to commence this year. Step-out drilling completed along strike to the south and southeast of the northwest-trending dilation fault at Area A intersected a steeply-dipping mineralised zone in holes DSDD026 and DSR215. Hole DSDD026 intersected 3.35 m at 1.96 g/t gold from 170 m and 2.95 m at 6.52 g/t gold from 180 m within a 20 m zone of strongly fractured to brecciated, altered felsic intrusive. The mineralised intervals were separated by a late crosscutting dyke. Hole DSR215 intersected the same mineralised zone at a shallower depth, returning 8 m at 1.74 g/t gold from 87 m. These intersections are interpreted to represent the southern strike extension of the northwest-trending, dilation fault, some 200 m along strike from hole DSR167. More drilling is needed to confirm this interpretation, however, these intersections are significant as they coincide with the gold auger anomaly that extends to the southeast of Area A for some 750 m to Barrick's Bambadji JV tenement boundary. Drilling to test the southwestern extension of SWF1 intersected mostly anomalous mineralisation, with the exception of the southernmost hole DSR224 which returned 7m at 1.23 g/t gold from 48 m. Here, the structure is hosted within a felsic intrusive and the Company believes the varying presence of gold mineralisation is a function of the more competent nature of the host rock. The RC and diamond drill rigs are currently operating at Area D to follow-up on the exceptional results reported during the December 2020 quarter. Drilling will focus on testing extensions to the oxide and sulphide zones to the northeast, north and northwest of Area D. Greenfield targets at Western Splay and Southern Arc are also planned to be tested as part of the current program. The Company is expecting a steady flow of results through the first half 2021. The Company is also planning to extend gradient array induced polarisation (GAIP) geophysical coverage over large parts of the northern Diamba Sud block during the March 2021 quarter. GAIP has been proved to be effective for identifying structures and certain lithological units (such as granodiorites).Executive Departure • Feb 03MD, CEO & Director Michael James Brown has left the companyOn the 1st of February, Michael James Brown, was replaced as CEO by Andrew Grove after 2.2 years in the role. As of September 2020, Michael James personally held 1.46m shares (AU$343k worth at the time). Michael James is the only executive to leave the company over the last 12 months. Under Michael James' leadership, the company delivered a total shareholder return of 310%.お知らせ • Jan 20Chesser Resources Limited Extends Sulphide Mineralisation At Diamba SudChesser Resources Limited provided an update on drilling results from its Diamba Sud Gold Project in Senegal, West Africa. The company reported drill assay results from 3 diamond holes (DD) and 13 reverse circulation (RC) holes, totalling 798m and 1,995m respectively completed in November and December last year. All holes are from Area A, with results pending from an additional 4 DD holes and 21 RC holes drilled prior to year end. Drilling at Area A was focussed on confirming the continuity of the southwest striking SWF2 structure and extending the strike and mineralisation to the southwest. Drilling was successful on both these objectives. Drill traverses were also extended to the west to test for continuity of the southwest striking SWF1 structure identified in previous drill holes DSR112 and DSR138. Drilling did not intercept this structure indicating it may trend more to the west. SWF1 trends principally through the western of two felsic intrusives that appear to flank Area A. Results are pending from holes drilled subsequently to test this westward swing. SWF2 is the eastern of the two northeast-southwest striking mineralised structures identified to the west of the NW-SE striking high-grade dilational fault. The structure dips steeply to the east. DSD020 intersected two high grade zones within the 13m at 4.96 g/t gold mineralised zone from 115m; 2m at 12.71 g/t gold from 117m and 2m at 10.94 g/t gold from 125m. Mineralisation in this zone was hosted in intensely altered albite-hematite-Fe carbonate-quartz sedimentary breccia with strong hydrothermal brecciation. The company believes there is a potential for high-grade shoots along this structure and further drilling will be required on SWF2 to determine potential controls of these high-grade shoots. An additional 21 RC holes and 4 DD have been drilled with assay results pending. These cover further extensional drilling at SWF2 and SFW1, as well as testing the potential southerly trend of the NW-SE high-grade dilational structure. The company is testing a possible flexure of this structure to the south around the eastern flanking felsic intrusive that is a potential source of the southeast striking auger anomaly extending from Area A towards Barrick's Bambadji JV to the east. The RC and diamond drill rigs are currently operating at Area D to follow up on the exceptional results reported from the first pass drilling at that prospect. Drilling will focus on testing extensions to the northeast, north and northwest of both the oxide and sulphide mineralised zones. Greenfield targets at Western Splay and Southern Arc are also planned to be tested early in the year. The company is expecting a steady flow of results through first quarter and second quarter of 2021. The Company is planning to extend gradient array induced polarisation geophysics (GAIP) over large parts of the northern Diamba Sud block (DS1) early in 2021. GAIP has been proved to be effective for identifying structures and certain lithological units (such as granodiorites).お知らせ • Jan 04Chesser Resources Limited Appoints Andrew Grove as Its Chief Executive Officer Effective 1 February 2021Chesser Resources Limited announced that it has appointed highly experienced resources executive Mr. Andrew Grove as its Chief Executive Officer effective 1 February 2021. Mr. Grove has over 30 years technical, commercial and financial experience in global resources including 14years with Macquarie Bank's Mining Finance and Risk Management Groups. Andrew has gained significant operational experience across all phases of resources projects such as the Sunrise Gold Dam project in Western Australia and has substantial African gold mining experience including his most recent role as Group General Manager Business Development and Investor Relations at Perseus Mining Limited.Recent Insider Transactions Derivative • Dec 15Independent Non-Executive Director exercised options to buy AU$160k worth of stock.On the 8th of December, Simon Taylor exercised options to buy 800.00k shares at a strike price of around AU$0.10, costing a total of AU$80k. This transaction amounted to 19% of their direct individual holding at the time of the trade. Since December 2019, Simon has owned 4.30m shares directly. Company insiders have collectively bought AU$224k more than they sold, via options and on-market transactions, in the last 12 months.お知らせ • Nov 30Chesser Resources Limited announced that it expects to receive AUD 8 million in fundingChesser Resources Limited (ASX:CHZ) announced a private placement of up to 38,095,238 fully paid ordinary shares at a price of AUD 0.21 per share for gross proceeds of AUD 7,999,999.98 on November 30, 2020. The transaction will include participation from domestic and offshore institutions and sophisticated investors including new and existing institutional investors. The transaction will complete in two tranches. The company will issue up to 37,921,238 shares in its first tranche and is expected to occur on or about December 8, 2020. The company will issue 174,000 fully paid ordinary shares to Mark Connelly and his associates in its second tranche. The second tranche need approval from shareholder approval at a shareholder meeting expected to be held prior to January 31, 2021. The transaction has been approved by the board of directors of the company.お知らせ • Oct 13Chesser Resources Limited Commences 20,000 Metre Drilling Campaign at Diamba SudChesser Resources Limited provided the following exploration update for its Diamba Sud Gold Project in Senegal. HIGHLIGHTS: Drilling has commenced at Diamba Sud following the end of the wet season in Senegal. Scope of works is for ~5,000m of diamond (DD) and ~15,000m of reverse circulation (RC) drilling. First assay results are expected by November, with a steady flow of news expected thereafter. The program will initially focus on: Further exploration of the recent shallow, high grade Area D discovery at depth and along strike, with prior results including 48m at 6.70g/t gold and 55m at 4.27 g/t gold. Extensions at Area A, where the alteration and mineralisation indicate a large hydrothermal system, with prior results including 16m at 8.51g/t gold2 and 21m at 6.62 g/t gold3. Area D appears to be the offset continuation of Area A, offering significant strike potential to extend mineralisation within the Diamba Sud tenement. The Company is also expecting to conduct initial exploration traverses on Area H and the Western Splay. Both are greenfield targets and display strong geochemical and geophysical anomalies. The Company is fully funded for the planned activities following the completion of a AUD 6 million placement in early September.Is New 90 Day High Low • Oct 09New 90-day high: AU$0.28The company is up 208% from its price of AU$0.091 on 10 July 2020. The Australian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 5.0% over the same period.Reported Earnings • Oct 01Full year earnings released - AU$0.004 loss per shareOver the last 12 months the company has reported total losses of AU$1.14m, with losses narrowing by 44% from the prior year.お知らせ • Jul 10Chesser Resources Limited announced that it expects to receive AUD 6 million in fundingChesser Resources Limited (ASX:CHZ) announced that it has received firm commitments for a private placement of up to 75,000,000 fully paid ordinary shares at a price of AUD 0.08 per share for gross proceeds of up to AUD 6,000,000 on July 10, 2020. The transaction will include participation from existing shareholders and a number of new institutions, institutional, professional and sophisticated investors in Australia and other select jurisdictions. The shares will be issued in two tranches. The company will issue up to 29,339,068 shares for gross proceeds of up to AUD 2,347,125.44 in first tranche, which is expected to close on or about July 20, 2020. The company will issue up to 45,660,932 shares for gross proceeds of up to AUD 3,652,874.56 in second tranche. Second tranche is subject to shareholders approval in an extraordinary general meeting of shareholders on or about August 31, 2020. The second tranche's shares will be issued as soon as possible after shareholder approval is obtained. The transaction has been approved by the board of directors of the company.株主還元CHZAU Metals and MiningAU 市場7D0%-1.7%0.08%1Y41.9%54.5%3.1%株主還元を見る業界別リターン: CHZ過去 1 年間で54.5 % の収益を上げたAustralian Metals and Mining業界を上回りました。リターン対市場: CHZ過去 1 年間で3.1 % の収益を上げたAustralian市場を上回りました。価格変動Is CHZ's price volatile compared to industry and market?CHZ volatilityCHZ Average Weekly Movementn/aMetals and Mining Industry Average Movement12.1%Market Average Movement10.5%10% most volatile stocks in AU Market17.5%10% least volatile stocks in AU Market4.3%安定した株価: CHZ 、 Australian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 過去 1 年間のCHZのボラティリティの変化を判断するには データが不十分です。会社概要設立従業員CEO(最高経営責任者ウェブサイト2006100n/awww.chesserresources.com.auもっと見るChesser Resources Limited 基礎のまとめChesser Resources の収益と売上を時価総額と比較するとどうか。CHZ 基礎統計学時価総額AU$65.82m収益(TTM)-AU$4.92m売上高(TTM)AU$66.94k983.3xP/Sレシオ-13.4xPER(株価収益率CHZ は割高か?公正価値と評価分析を参照収益と収入最新の決算報告書(TTM)に基づく主な収益性統計CHZ 損益計算書(TTM)収益AU$66.94k売上原価AU$952.42k売上総利益-AU$885.48kその他の費用AU$4.03m収益-AU$4.92m直近の収益報告Jun 30, 2023次回決算日該当なし一株当たり利益(EPS)-0.0078グロス・マージン-1,322.83%純利益率-7,343.49%有利子負債/自己資本比率11.1%CHZ の長期的なパフォーマンスは?過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2023/12/05 17:07終値2023/09/07 00:00収益2023/06/30年間収益2023/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Chesser Resources Limited これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Luke GleesonMacquarie ResearchDavid BrennanOrd Minnett Limited
お知らせ • Sep 21+ 1 more updateChesser Resources Limited Announces Resignation of Andrew Grove as Chief Executive OfficerChesser Resources Limited announced that the scheme of arrangement pursuant to which Fortuna Silver Mines Inc. (Fortuna) will acquire 100% of the share capital of Chesser (Chesser Shares) has been implemented (Scheme). Following implementation of the Scheme: Mr. Andrew Grove resigned as Chief Executive Officer of the Company with immediate effect.
New Risk • Sep 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.6% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$11m free cash flow). Earnings have declined by 28% per year over the past 5 years. Revenue is less than US$1m (AU$10k revenue, or US$6.7k). Minor Risks Shareholders have been diluted in the past year (6.6% increase in shares outstanding). Market cap is less than US$100m (AU$65.8m market cap, or US$42.3m).
お知らせ • Sep 09Fortuna Silver Mines Inc. (TSX:FVI) completed the acquisition of Chesser Resources Limited (ASX:CHZ).Fortuna Silver Mines Inc. (TSX:FVI) made a binding proposal to acquire Chesser Resources Limited (ASX:CHZ) for AUD 83 million on May 8, 2023. The scheme will be implemented at a consideration exchange ratio of 0.0248. The scheme is subject to court approval and Chesser shareholder approval. The transaction is unanimously recommended by Chesser Board. A scheme meeting will be convened in August , 2023, for Chesser shareholders to approve the scheme. As of May 8, 2023, the scheme has been unanimously approved by the board of Fortune. The scheme is expected to be implemented in period between August and Early September. Taylor Collison Limited is acting as corporate advisor and Scott Gibson, David Church and Dan Smailes of Thomson Geer as legal advisor to Chesser. INFOR Financial is acting as corporate advisor, Blake, Cassels & Graydon LLP is acting as Fortuna’s legal counsel and Allens as Australian legal advisor to Fortuna. Computershare Investor Services Pty Limited is acting as Chesser's registrar. As of August 25, 2023, requisite majorities of Chesser shareholders today voted in favour of the proposed scheme of arrangement pursuant to which Fortuna will acquire 100% of the share capital of Chesser. The Scheme remains subject to the Federal Court of Australia approving the Scheme at a hearing currently scheduled on September 6, 2023 and remaining conditions being satisfied or waived prior to the Second Court Hearing. The transaction is expected to occur on or about September 21, 2023. Fortuna Silver Mines Inc. (TSX:FVI) completed the acquisition of Chesser Resources Limited (ASX:CHZ) on September 7, 2023. As on September 6, 2023, Federal Court of Australia has approved the scheme of arrangement between Fortuna Silver Mines Inc. and Chesser Resources, and has been lodged with the Australian Securities and Investments Commission. On completion, Chesser Shares will be suspended from trading on the ASX with effect at close of trading on September 7, 2023. Pursuant to the Scheme, Chesser shareholders who hold shares on 14 September 2023 will receive 0.0248 Fortuna common shares per Chesser Share held (Scheme Consideration) other than ineligible foreign shareholders and small shareholders who made a valid election to participate in the sale facility. Grant Thornton Corporate Finance Pty Ltd acted as fairness opinion provider to the Chesser shareholders.
分析記事 • Apr 05Chesser Resources (ASX:CHZ) Will Have To Spend Its Cash WiselyThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Reported Earnings • Mar 17First half 2023 earnings released: AU$0.004 loss per share (vs AU$0.004 loss in 1H 2022)First half 2023 results: AU$0.004 loss per share (in line with 1H 2022). Net loss: AU$2.39m (loss widened 39% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
お知らせ • Dec 12Chesser Resources Limited Reports on Its Updated Scoping Study Results and Mineral Resource Update for Areas D and A At the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited reported on its updated Scoping Study ("SS") results and Mineral Resource update for Areas D and A at the Diamba Sud Gold Project in Senegal, West Africa. The Diamba Sud Gold Project covers an area of 53.2km2 and is located in eastern Senegal within the highly prospective Senegal Mali Shear Zone orogenic belt. The Project is located 12km southwest of Barrick's Loulo mine (12.5 million ounces) and only 7km west of Barrick's Gounkoto mine (5.5 million ounces), both across the border in Mali. The initial Diamba Sud Scoping Study1 (released 15 March 2022 and updated 27 October 2022) has been updated to incorporate the new Mineral Resources at Karakara (released 27 October 2022) and Bougouda (released 8 September 2022) and the updated Area D Mineral Resources (included in this release). Input parameters are consistent with the Scoping Study published on 15th March 2022 and the update published on 27 October 2022, other than those discussed below. Mine optimisation, design and scheduling were undertaken by Kenmore Mine Consulting. New pit designs were generated for the Area D, Area D South, Karakara and Bougouda resource areas using the slope design parameters in the SS nominally using the USD 1,500/oz optimised pit shells. The pit design for Area A remained unchanged. Total in-pit Mineral Resources increased 17% to 13.9Mt @ 1.7g/t 762koz, Table 1 from the previous SS numbers. Ore loss of 5% and dilution of 10% was applied to all Mineral Resources within each pit except Bougouda where the resource model was re-blocked to a block size of 2.5x5x5m to simulate a mining unit or SMU due to the narrow nature of the vein-hosted mineralisation. The resultant dilution was 94% and a 5% ore loss was also applied at Bougouda. In Area A the metal and grade reduced slightly from previously reported due to an incorrect ore loss calculation used by the previous consultant which slightly reduced the in-pit Production Target from 5.2Mt @ 1.7g/t gold for 280koz to 5.2Mt @ 1.6g/t gold for 270koz. This error has also affected the previous Area D reporting. A mining schedule was generated to maintain a processing rate of 2Mtpa and minimise equipment required which resulted in a pit mining sequence starting at Area D followed by Area A then Area D South, Karakara and Bougouda. The mining schedule was incorporated into the financial model using SS costs except for Bougouda where an additional USD 0.20/t small pit mining cost and a USD 2.55/t haulage cost (17km @ USD 0.15/tkm) was applied.
お知らせ • Sep 21+ 1 more updateChesser Resources Limited Announces Resignation of Andrew Grove as Chief Executive OfficerChesser Resources Limited announced that the scheme of arrangement pursuant to which Fortuna Silver Mines Inc. (Fortuna) will acquire 100% of the share capital of Chesser (Chesser Shares) has been implemented (Scheme). Following implementation of the Scheme: Mr. Andrew Grove resigned as Chief Executive Officer of the Company with immediate effect.
New Risk • Sep 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.6% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$11m free cash flow). Earnings have declined by 28% per year over the past 5 years. Revenue is less than US$1m (AU$10k revenue, or US$6.7k). Minor Risks Shareholders have been diluted in the past year (6.6% increase in shares outstanding). Market cap is less than US$100m (AU$65.8m market cap, or US$42.3m).
お知らせ • Sep 09Fortuna Silver Mines Inc. (TSX:FVI) completed the acquisition of Chesser Resources Limited (ASX:CHZ).Fortuna Silver Mines Inc. (TSX:FVI) made a binding proposal to acquire Chesser Resources Limited (ASX:CHZ) for AUD 83 million on May 8, 2023. The scheme will be implemented at a consideration exchange ratio of 0.0248. The scheme is subject to court approval and Chesser shareholder approval. The transaction is unanimously recommended by Chesser Board. A scheme meeting will be convened in August , 2023, for Chesser shareholders to approve the scheme. As of May 8, 2023, the scheme has been unanimously approved by the board of Fortune. The scheme is expected to be implemented in period between August and Early September. Taylor Collison Limited is acting as corporate advisor and Scott Gibson, David Church and Dan Smailes of Thomson Geer as legal advisor to Chesser. INFOR Financial is acting as corporate advisor, Blake, Cassels & Graydon LLP is acting as Fortuna’s legal counsel and Allens as Australian legal advisor to Fortuna. Computershare Investor Services Pty Limited is acting as Chesser's registrar. As of August 25, 2023, requisite majorities of Chesser shareholders today voted in favour of the proposed scheme of arrangement pursuant to which Fortuna will acquire 100% of the share capital of Chesser. The Scheme remains subject to the Federal Court of Australia approving the Scheme at a hearing currently scheduled on September 6, 2023 and remaining conditions being satisfied or waived prior to the Second Court Hearing. The transaction is expected to occur on or about September 21, 2023. Fortuna Silver Mines Inc. (TSX:FVI) completed the acquisition of Chesser Resources Limited (ASX:CHZ) on September 7, 2023. As on September 6, 2023, Federal Court of Australia has approved the scheme of arrangement between Fortuna Silver Mines Inc. and Chesser Resources, and has been lodged with the Australian Securities and Investments Commission. On completion, Chesser Shares will be suspended from trading on the ASX with effect at close of trading on September 7, 2023. Pursuant to the Scheme, Chesser shareholders who hold shares on 14 September 2023 will receive 0.0248 Fortuna common shares per Chesser Share held (Scheme Consideration) other than ineligible foreign shareholders and small shareholders who made a valid election to participate in the sale facility. Grant Thornton Corporate Finance Pty Ltd acted as fairness opinion provider to the Chesser shareholders.
分析記事 • Apr 05Chesser Resources (ASX:CHZ) Will Have To Spend Its Cash WiselyThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Reported Earnings • Mar 17First half 2023 earnings released: AU$0.004 loss per share (vs AU$0.004 loss in 1H 2022)First half 2023 results: AU$0.004 loss per share (in line with 1H 2022). Net loss: AU$2.39m (loss widened 39% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
お知らせ • Dec 12Chesser Resources Limited Reports on Its Updated Scoping Study Results and Mineral Resource Update for Areas D and A At the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited reported on its updated Scoping Study ("SS") results and Mineral Resource update for Areas D and A at the Diamba Sud Gold Project in Senegal, West Africa. The Diamba Sud Gold Project covers an area of 53.2km2 and is located in eastern Senegal within the highly prospective Senegal Mali Shear Zone orogenic belt. The Project is located 12km southwest of Barrick's Loulo mine (12.5 million ounces) and only 7km west of Barrick's Gounkoto mine (5.5 million ounces), both across the border in Mali. The initial Diamba Sud Scoping Study1 (released 15 March 2022 and updated 27 October 2022) has been updated to incorporate the new Mineral Resources at Karakara (released 27 October 2022) and Bougouda (released 8 September 2022) and the updated Area D Mineral Resources (included in this release). Input parameters are consistent with the Scoping Study published on 15th March 2022 and the update published on 27 October 2022, other than those discussed below. Mine optimisation, design and scheduling were undertaken by Kenmore Mine Consulting. New pit designs were generated for the Area D, Area D South, Karakara and Bougouda resource areas using the slope design parameters in the SS nominally using the USD 1,500/oz optimised pit shells. The pit design for Area A remained unchanged. Total in-pit Mineral Resources increased 17% to 13.9Mt @ 1.7g/t 762koz, Table 1 from the previous SS numbers. Ore loss of 5% and dilution of 10% was applied to all Mineral Resources within each pit except Bougouda where the resource model was re-blocked to a block size of 2.5x5x5m to simulate a mining unit or SMU due to the narrow nature of the vein-hosted mineralisation. The resultant dilution was 94% and a 5% ore loss was also applied at Bougouda. In Area A the metal and grade reduced slightly from previously reported due to an incorrect ore loss calculation used by the previous consultant which slightly reduced the in-pit Production Target from 5.2Mt @ 1.7g/t gold for 280koz to 5.2Mt @ 1.6g/t gold for 270koz. This error has also affected the previous Area D reporting. A mining schedule was generated to maintain a processing rate of 2Mtpa and minimise equipment required which resulted in a pit mining sequence starting at Area D followed by Area A then Area D South, Karakara and Bougouda. The mining schedule was incorporated into the financial model using SS costs except for Bougouda where an additional USD 0.20/t small pit mining cost and a USD 2.55/t haulage cost (17km @ USD 0.15/tkm) was applied.
分析記事 • Nov 10We're Keeping An Eye On Chesser Resources' (ASX:CHZ) Cash Burn RateThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
お知らせ • Nov 07Chesser Resources Limited Provides Update on Activities from the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited provided an update on activities from the Diamba Sud Gold Project in Senegal, West Africa. This release reports on the Definitive Feasibility Study (DFS) results from Diamba Sud received to date. METALLURGICAL TESTWORK RESULTS; The DFS metallurgical testwork is being undertaken by ALS Metallurgy Pty Ltd. in Perth, Western Australia under the supervision of Mintrex. Extensive metallurgical sampling has been undertaken for the full DFS testwork program and includes: 61 diamond core sample intervals weighing 1.7 tonnes for DFS design testwork; 34 diamond core sample intervals weighing 0.8 tonnes for the variability testwork. All samples are at ALS in Perth. Samples were collected based on geographic distribution, grade, oxidation state and host rock lithology over the mineral resource areas of Areas A, D and D South (one hole) and Karakara. This report details the results of the comminution and grind establishment testwork undertaken on the DFS metallurgical design samples. Metallurgical testwork is continuing on leaching optimisation, mineralogical analysis, rheology, settling tests and variability testwork. COMMINUTION; Samples were selected from Areas A and D and Karakara. Sample ID's are identified by their area of origin, section, and ore domain e.g. AB Fresh-1 comes from section B of Area A, and made up of samples from the fresh ore domain. Each sample has been tested for Bond Ball Mill (BWi), Abrasion (Ai) and Crushing Work (CWi) indices as well as SMC testwork. The oxide material (about 41% of the current Scoping Study ore feed and 30% of the mineral resources) was found to be very soft and friable compared to the fresh ore and was thus difficult to test for hardness. The fresh ore has been used as the basis for comminution circuit design as they make up most of the resource and will be treated separately (no blending). The fresh ore is moderately hard and abrasive, with relatively low energy required for crushing. Three samples returned higher BWi results (greater than 19kWh/t), and all included a portion of mineralised granite lithology which represents <10% of the potential ore feed. Comminution modelling by Orway Mineral Consultants has been undertaken with the assumption that the plant will treat oxide material in the first 12 to 18 months followed by fresh material for the rest of the mine life. A SAG mill-recycle-crusher-ball mill (SABC) circuit has been identified as the optimum comminution flowsheet for treating the resource, as this will suit both the early low-energy oxide feed and the later harder fresh ore.
お知らせ • Oct 28Chesser Resources Limited Reports on its Maiden Mineral Resource Estimate over Karakara at the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited reported on its maiden Mineral Resource estimate ("Resource") over Karakara at the Diamba Sud Gold Project in Senegal, West Africa. The Diamba Sud Gold Project covers an area of 53.2km2 and is located in eastern Senegal within the highly prospective Senegal Mali Shear Zone orogenic belt. The Project is located 12km southwest of Barrick's Loulo mine (12.5 million ounces) and only 7km west of Barrick's Gounkoto mine (5.5 million ounces), both across the border in Mali. Karakara is located 1.2km southwest of Area D and over a geochemical anomaly coincident with the interpreted trend of the Northern Arc structure. Mineralisation is predominantly associated with quartz-carbonate-hematite-albite-pyrite alteration within hydrothermally altered brecciated sedimentary rocks. Drilling has defined shallow, high-grade mineralisation over at least ~250m of strike. The Karakara maiden Mineral Resource estimate was undertaken by Mr. Brenton McWhirter Member of Australian Institute of Geoscientists ("MAIG") and Mr. Andrew Grove (MAIG) and includes all drilling up to 1 September 2022 using Ordinary Kriging estimation methodology. The Karakara Resource has been reported in accordance with the JORC Code (2012) and is effective as of 26 October 2022. The Mineral Resources were reported within a pit shell using metal price assumptions of $1,800/oz gold, input parameters from the updated Scoping Study and were reported above a 0.5g/t gold cut-off grade ("COG"). Full details of the Resource Estimation can be found in Attachment 1 and JORC tables at the end of this report. The key attributes of the maiden Mineral Resource at Karakara are as follows: High-grade ounces: 116koz @ 2.1g/t gold which is relatively insensitive to changes in COG; High-value ounces: for future processing plant located on the Diamba Sud tenement, ~1.5km to the northeast and Continuous mineralisation: mineralised structures continuous over +250m strike. Exploration upside: opportunities to extend mineralisation along strike and on margins of defined mineralization High confidence Resource: 59% of the ounces falling within the Indicated Classification. In preparation for updating the Diamba Sud Scoping Study reported by the Company on 15 March 2022 ("Original SS") with the maiden Karakara resource and the impending update of the Area D resource, Chesser became aware of an issue with the mining schedule used in the Original SS model. The mining schedule used was not derived from the Original SS pit designs but a larger optimisation shell. A revised mining schedule generated from the Original SS pit designs resulted in a 13% reduction in recovered gold and a 9% reduction in economics compared to the Original SS. Whilst this error is disappointing, the project remains robust with very strong economics and rapid payback, and the Mineral Resources remain valid. The company expects the reduced production will be recovered, and the economics will be improved with the inclusion of the Karakara maiden resource and a pending update to the Area D resource in an updated Scoping Study expected to be completed during the December 2022 quarter. The updated mining schedule now agrees with the pit design. The use of the updated mining schedule resulted in a 3% reduction in total material mined, a 20% reduction in ore tonnage, a 6% increase in grade and a 13% reduction in contained gold. The SS financial model was re-run using the correct mining schedule keeping all other parameters consistent with the SS published on 15th March 2022. The variances in mining and processing costs are due to the change in portions of oxide and fresh materials in the new mining schedule only as no change to the basis of the costs has been made. The updated schedule resulted in a negative 9% impact on the Project post tax NPVCF5% using a gold price of US$1600/oz, reducing it from $224 million to $203 million. With the addition of Karakara Mineral Resources and the updated Area D resources the Company expects to see a significant uplift in the Project economics. The economics from the updated SS model continue to clearly demonstrate a robust highly economic project, NPVCF5% $203 million IRR 47% with a 17-month payback. The updated mining schedule has condensed gold production with and average of 100koz pa produced from the project over 6 years at a low AISC of $784/oz. The lower AISC compared to the previous model is a result of higher annual gold production, shorter mine life reducing the carrying costs and a larger portion of the overall ore feed being oxide: Previous oxide 35% tonnes and 41% ounces and Updated schedule oxide 43% tonnes and 47% ounces which have a significantly lower operating cost profile. Work on the updating of the Mineral Resource estimate for Area D has commenced and will be released once completed in Fourth Quarter 2022 followed by an update to the Scoping Study including both the Karakara maiden mineral resource and the Area D updated mineral resource. The Phase 9 drilling campaign aimed at adding additional resources, testing exploration targets and providing inputs into DFS at Diamba Sud is expected to commence in the December quarter following a detailed review and planning exercise. Baseline environmental and ESIA studies are ongoing over the Project area with the wet season field survey to be undertaken in November. Definitive Feasibility Studies to support future development at Diamba Sud are ongoing with initial metallurgical testwork results expected to be delivered during the quarter. Initial reconnaissance exploration activities to commence over the new tenements, Bondala and Morichou will be undertaken.
Reported Earnings • Oct 01Full year 2022 earnings released: AU$0.007 loss per share (vs AU$0.007 loss in FY 2021)Full year 2022 results: AU$0.007 loss per share (in line with FY 2021). Net loss: AU$3.60m (loss widened 31% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Sep 27Chesser Resources Limited, Annual General Meeting, Nov 03, 2022Chesser Resources Limited, Annual General Meeting, Nov 03, 2022. Agenda: ANNUAL GENERAL MEETING.
お知らせ • Sep 12Chesser Resources Limited Announces Appointment of Mark Somlyay as Chief Financial OfficerChesser Resources Limited announced the appointment of Mr. Mark Somlyay as its new Chief Financial Officer ("CFO") commencing in October 2022. Mr. Somlyay has over 20 years experience in senior finance, commercial and business improvement roles within the mining industry. Importantly, a majority of his experience has been in West Africa and in francophone jurisdictions. Mr. Somlyay joins Chesser from Perseus Mining Limited where he held various positions including Group General Manager Commercial, both within West Africa and at its corporate office where he was intimately involved in the successful recent development and funding of both the Sissingué and Yaouré gold mines in Côte d'Ivoire. Mr. Somlyay holds a Bachelor of Commerce from the University of Queensland and an Australian CPA accreditation.
お知らせ • Sep 08Chesser Resources Limited Reports Maiden Mineral Resource Estimate over Bougouda At the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited reported on its maiden Mineral Resource estimate ("Resource") over Bougouda at the Diamba Sud Gold Project in Senegal, West Africa. The Diamba Sud Gold Project covers an area of 53.2km2 and is located in eastern Senegal within the highly prospective Senegal Mali Shear Zone orogenic belt. The Project is located 12km southwest of Barrick's Loulo mine (12.5 million ounces) and only 7km west of Barrick's Gounkoto mine (5.5 million ounces), both across the border in Mali. Bougouda is located in the southern extent of the tenement approximately 14km south of the Area A and D resources and mineralization occurs within quartz-hematite-pyrite-carbonate veins that intrude through diorite over a strike of at least 650m. The Bougouda maiden Mineral Resource estimate was undertaken by Mr. Brenton McWhirter and Mr. Andrew Grove (MAIG) and including all drilling up to 4 July 2022 using Inverse Distance Squared ("ID2") estimation methodology. The Bougouda Resource has been reported in accordance with the JORC Code (2012) and is effective as of 25 August 2022. The Open Pit Mineral Resources were reported within a pit shell using metal price assumptions of USD 1,800/oz gold, input parameters from the recently completed Scoping Study1 and were reported above a 0.5g/t gold cut-off grade ("COG"). Underground Resources were reported below the USD 1,800/oz gold pit shell and reported above a 3.0g/t gold COG to reflect the higher potential cost of underground mining. The key attributes of the maiden Mineral Resource at Bougouda are as follows: High-grade ounces: 52koz @ 4.7g/t gold which is relatively insensitive to changes in COG, High-value ounces: for future processing plant located on the main Diamba Sud tenement, 14km to the north, Continuous mineralization: mineralized structures continuous over +650m strike length and trends into neighboring Barrick tenement and Exploration upside: opportunities to extend mineralization at depth and identify similar mineralized structures. The Phase 8 drill program has been completed and all assays have now been released. Maiden Mineral Resource estimate over Karakara plus an update of the Area D Mineral Resources have commenced and will be released once completed in Fourth Quarter 2022. Definitive Feasibility Studies are ongoing.
お知らせ • Aug 17Chesser Resources Limited Provides an Update on the Exploration and Development Activities from the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited provided an update on the exploration and development activities from the Diamba Sud Gold Project in Senegal, West Africa. Step out drilling on the western margin of Area D intersected numerous shallow mineralised intervals (Figure 1) outside the existing Mineral Resources and the Scoping Study pit shell. These drill results should add to the Mineral Resource inventory in this area when updated later in the year. Mineralisation remains open to the west. DSDD089 (Figure 1) has extended near surface mineralisation to the south and intersected deeper mineralisation which potentially indicates a new load at depth connecting to DSDD028: 9.5m @ 3.6 g/t gold from 145m, 25m to the north. Western Splay area is defined by co-incident gold auger geochemical anomaly and a geophysical feature approximately 5km to the southwest of the Area A that has been subject to artisanal mining activity. Previous drilling has defined a 300m open ended mineralised structure trending northwest- southeast between Moungoundi and Western Splay. The geology and mineralisation controls in the area are complex. Mineralised intervals are associated with albite-hematite-carbonate-quartz-pyrite alteration within brecciated sedimentary units and granites. The area has been extensively intruded by granite and diorite dykes.
お知らせ • Jun 07Chesser Resources Limited Provides Update on the Exploration and Development Activities from the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited provided an update on the exploration and development activities from the Diamba Sud Gold Project in Senegal, West Africa. Assay results were also returned from forty rock chip samples over various prospects on the Diamba Sud tenement. Karakara is located 1.2km southwest of Area D and over a geochemical anomaly coincident with the interpreted trend of the Northern Arc structure. Drilling has defined shallow, high-grade mineralisation over 200m of strike. Mineralisation appears to be predominantly associated with quartz-carbonate-hematite-albite-pyrite alteration within hydrothermally altered brecciated sedimentary rocks, however mineralisation in the granites has also been observed. The north-south trending, east dipping sedimentary sequence is bounded by granite to the east and west. The geometry of the mineralisation is complex but may be associated with folding and an anticlinal structure observed in core and geophysics. Results were returned from four DD and nineteen RC holes which confirms the main high-grade mineralised structure at Karakara . DSDD074 was drilled on section line 1,428,200mN and under cuts the previously reported DSDD070 drilled below the historical artisanal workings. Results returned multiple high-grade intercepts supporting the results in the adjacent drill hole (Figure 5). Mineralisation remains open to the south and at depth in this area.
お知らせ • May 09Chesser Resources Limited Provides Update on Drilling Results from the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited provided an update on drilling results from the Diamba Sud Gold Project in Senegal, West Africa. This release reports on the initial batch of assay results from the Phase 8 drill program from two diamond drill ("DD") holes, totalling 445m, and two reverse circulation ("RC") drill holes, totalling 252m, over the Karakara prospect on the Diamba Sud tenement. Karakara is located 1.2km southwest of Area D and over a geochemical anomaly coincident with the interpreted trend of the Northern Arc structure. Drilling late in 2021 defined shallow, high-grade mineralisation over 125m of strike. An extensive drill program has been completed over Karakara to define the strike and depth extents of mineralisation. A total of nine DD holes for 2,049m and 21 RC holes for 2,374m have been drilled thus far. Consistent with other jurisdictions, assay returns have been disappointingly slow, and measures have been put in place to try and expediate the return of results. Mineralisation appears to be associated with quartz-carbonate-hematite-albite-pyrite alteration within hydrothermally altered brecciated sedimentary rocks. The north-south trending, east dipping sedimentary sequence is bounded by granite to the east and west. The geometry of the mineralisation is complex. The outstanding assay results should assist in better understand the controls and geometry of mineralisation. Drill results from the existing two most northern drill traverses confirmed historical high-grade mineralisation. Results included: DSR348 (1,428,400mN) (Figure 2): 6m @ 5.0 g/t Au from 66m. 5m @ 19.0 g/t Au from 99m. DSDD069 (1,428,375mN) (Figure 3): 8m @ 4.2 g/t Au from 75m. 2.3m @ 2.3 g/t Au from 94.8m. Drilling on section line 1,428,450mN, 50m north of the existing drilling, did not intersect the favourable sedimentary rocks and may represent the northern extent of mineralisation in that area. Results from one of the holes drilled on that line were returned with a modest mineralised intersection close to surface. DSR347 (1,428,450mN): 5m @ 1.5g/t Au from 2m. DSDD070 was drilled on section line 1,428,200mN approximately 75m south of the existing drilling and was drilled at a low angle (50 degrees) to the west to test below the extensive historical artisanal workings prior to the area being fully rehabilitated and safe to operate over. Results returned multiple high-grade intercepts in the eastern sedimentary package. DSDD070 (1,428,200mN) (Figure 4): 1m @ 16.6 g/t Au from 46m. 5m @ 1.7 g/t Au from 57m. 5m @ 7.5 g/t Au from 66m. 6m @ 4.1 g/t Au from 75m. 1m @ 18.1 g/t Au from 98m. 3m @ 6.6 g/t Au from 203m. Drill coverage over the artisanal workings is still very sparse with additional drilling required to fully test the area. Drilling immediately north of the workings has intersected numerous zones of strong quartz-carbonate-hematite-albite-pyrite alteration in sedimentary conglomerates (example being DSR365, Figure 5) that may represent additional mineralised structures emanating from the artisanal working area and west of the existing mineralisation trend. Assay results are pending. Follow up drilling is programed to follow up on the receipt of positive assay results from the current drilling, however based on the results to date Karakara is highly likely to add significantly to the Mineral Resource inventory at Diamba Sud. An initial resource estimate for Karakara will be undertaken during 2022.
分析記事 • Mar 10Is Chesser Resources (ASX:CHZ) In A Good Position To Invest In Growth?Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
お知らせ • Dec 22Chesser Resources Limited Provides Update on Drilling Results from the Diamba Sud Gold Project IChesser Resources Limited provided an update on drilling results from the Diamba Sud Gold Project in Senegal, West Africa. This release reports on the Phase 7 drill results from 33 reverse circulation drill holes, totalling 4,178m over three prospects on the Diamba Sud tenement Area H - 14 RC drill holes totalling 2,147m Western Splay - 9 RC drill holes totalling 990m Area F - 10 RC drill holes totalling 1,041m In addition, the results from two diamond drill holes from the Area A resource definition drilling program were returned, totalling 163.5m. Area H is located 1.2km southwest of Area D and located over a geochemical anomaly coincident with the interpreted trend of the Northern Arc structure. A single RC drill traverse (six holes), reported 23 April 20212, defined a steep dipping mineralised structure with intercepts including: DSR263: 4m at 9.6 g/t gold; DSR262: 11m at 2.1 g/t gold; DSR263: 3m at 1.7 g/t gold, 2m at 2.5 g/t gold, 5m at 3.4 g/t gold and 5m at 4.2g/t gold and DSR264: 9m at 1.9 g/t gold. Fourteen RC drill holes were drilled on six 25m spaced drill traverses following up on the previous results. Significant mineralisation was intercepted on all drill traverses over the 125m of strike drilled with mineralisation remaining open along strike in both directions and at depth. Mineralisation appears to be associated with quartz-carbonate-hematite-albite-pyrite alteration within hydrothermally altered brecciated sedimentary rocks. The north-south trending steep dipping sedimentary sequence is bounded by granite to the east and west. The geometry of the mineralisation appears to be moderately west dipping within the steeply dipping sedimentary rock sequence, however more work is required to fully understand the controls and geometry of mineralisation. Significant results achieved in the recent drill program include: DSR323: 17m at 9.6 g/t gold, 10m at 5.8 g/t gold and 4m at 4.1 g/t gold; DSR341: 6m at 3.5 g/t gold, 17m at 1.1 g/t gold, 9m at 4.2 g/t gold, 5m at 3.0g/t gold, 12m at 7.0 g/t gold and 1m at 11.8g/t gold; DSR345: 3m at 11.4 g/t gold, 8m at 10.5 g/t gold, 15m at 1.9 g/t gold and 9m at 2.9 g/t gold; DSR342: 4m at 1.2 g/t gold, 18m at 2.3 g/t gold, 10m at 2.7 g/t gold and 8m at 2.9 g/t gold; DSR343: 13m at 3.0 g/t gold, 14m at 4.0 g/t gold and 6m at 1.7 g/t gold and DSR340: 7m at 2.5 g/t gold, 2m at 2.7 g/t gold and 9m at 2.8 g/t gold. Area H will be subject to additional drilling early next year as it appears highly likely that a resource will be defined over this area. Western Splay area is defined by co-incident gold auger geochemical anomalies and a geophysical feature approximately 5km to the southwest of the Area A. Sixteen RC drill holes have previously been drilled over the area, reported 3 April 2017, 21 July 2020, 28 July 2020, and 23 April 20214. Historical drilling defined a 300m open ended mineralised structure trending northwest-southeast, results included: DSR145: 22m at 2.1 g/t gold; DSR150: 2m at 19.8 g/t gold and DSR152: 10m at 1.1 g/t gold and 6m at 1.8 g/t gold. Nine RC drill holes were drilled during the Phase 7 drill program over the northwest end of the previous previously defined mineralised structure. Section line 1426375mN intersected the mineralised structure in holes DSR330, DSR331 and DSR333. Mineralised intervals were associated with pyrite mineralisation and albite-hematite-carbonate-quartz alteration within brecciated sedimentary units. The northwest-southeast mineralised trend has been confirmed from the drill results and structure remains open along strike. Results from the other drill traverses only returned narrow mineralised results, however drilling was located south and off the mineralised trend. The identified mineralised trend will be subject to further drilling in the next drill program. Significant results including: DSR331: 16m at 1.9 g/t gold; DSR330: 17m at 1.4 g/t gold; DSR333: 5m at 4.4 g/t gold and 2m at 3.5 g/t gold. Only minor mineralised intercepts were returned from the 10 RC drill holes drilled to follow up historical intercepts at Area F. Further review will be required to understand these results. Significant results including: DSR313 1m at 1.1 g/t gold and DSR315 1m at 1.1 g/t gold.
分析記事 • Nov 23Is Chesser Resources (ASX:CHZ) In A Good Position To Deliver On Growth Plans?We can readily understand why investors are attracted to unprofitable companies. For example, although...
Reported Earnings • Oct 01Full year 2021 earnings released: AU$0.006 loss per share (vs AU$0.004 loss in FY 2020)Full year 2021 results: Net loss: AU$2.75m (loss widened 142% from FY 2020). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Aug 03Chesser Resources (ASX:CHZ) Is In A Good Position To Deliver On Growth PlansJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
お知らせ • Jul 02Chesser Resources Limited Provides Update on Drilling Results from the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited provided an update on drilling results from the Diamba Sud Gold Project in Senegal, West Africa. This release reports on the second batch of resource definition drill results from three diamond drill ("DD") holes, totaling 200m and seven reverse circulation ("RC") drill holes, totaling 1,184m. DD drilling targeted the eastern margin of the Area D resource area. The RC drilling was completed over the northern extent of Area A. DIAMBA SUD DRILLING - AREA D - This second batch of resource definition assay results received was from the three DD drill holes targeting the eastern high-grade margin of Area D, between sections 1429450mN and 1429425mN. Drilling targeted the near-surface extensions of previously defined oxide mineralisation. DSDD041 was only drilled to a down hole depth of 21m to cover the top part of DSDD040 due to poor core recovery in the upper part of that hole. The results confirmed the continuity and thick high-grade nature of the mineralisation in this area with better results including: DSDD040: 29.4m at 5.0 g/t gold and 0.7m at 3.4 g/t gold; and DSDD042: 41.5m at 3.9 g/t gold, 5m at 1.2 g/t gold and 6m at 1.0 g/t gold. AREA A - The seven RC drill holes reported in this release were drilled over the northern extent of the Area A resource area between and including sections 1429635mN and 1429685mN. Mineralization was intersected in numerous intervals down hole corresponding to calcareous sedimentary breccia rock units which are in turn truncated against a flat lying felsic intrusive unit. The sedimentary breccia rock units are a strong focus for mineralization due to favorable rheological and chemical characteristics and the interplay with other mineralized structures should become more evident as additional results are received from this drill program. Significant drill results including: DSR287: 10m at 6.3 g/t gold, hole ended in mineralization and being replaced by DSR305 (results pending); DSR283: 6m at 1.8 g/t gold, 7m at 1.8 g/t gold and 3m at 2.6 g/t; DSR284: 1m at 19.0 g/t gold; DSR286: 7m at 1.3 g/t gold; and DSR289: 3m at 2.4 g/t gold. Current drill program - Approximately 9,000m of the Resource Definition drill program has been undertaken to date. The RC rig has been demobilised from site and there are two diamond drill rigs drilling on site with the aim of completing the program by mid July. The drill program is designed to infill and extend the identified mineralization, demonstrate the scale of the mineralized systems, and to better understand the controls on mineralization over both Areas A and D. It is anticipated that after completion of this current phase of drilling the drill data coverage will be sufficient to undertake a maiden Mineral Resource estimate over Area A and Area D. A series of metallurgical samples from Area D oxide and fresh diamond core have arrived in Perth for preliminary metallurgical analysis by ALS under the supervision of Lycopodium. It is expected that these results will be available to support the maiden Mineral Resource Estimate and will confirm the previous excellent results retuned from Area A, averaging 96% gold recovery from fresh rock samples.
お知らせ • May 31Chesser Resources Limited Provides an Update on Drilling Results from the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited provided an update on drilling results from the Diamba Sud Gold Project in Senegal, West Africa. This release reports on the initial batch of resource definition drill results drill from five diamond drill ("DD") holes, totaling 249m and one reverse circulation ("RC") drill hole, totaling 200m. Diamond drilling targeted the north-eastern corner of the Area D resource area. The RC drill hole was the first hole of this program drilled at Area A. DIAMBA SUD DRILLING - Area D: This initial batch of resource definition assay results was from the first five diamond drill holes drilled over the north-eastern corner of Area D, between sections 1429475mN and 1429575mN. Drilling targeted the near-surface extensions of previously defined oxide mineralisation. The results confirmed the continuity and high-grade nature of the mineralisation in this area with better results including: DSDD035: 10.7m at 15.5 g/t gold and 13m at 5.3 g/t gold - DSDD036: 5.3m at 7.3 g/t gold - DSDD038: 7.5m at 2.8 g/t gold - DSDD039: 4.9m at 2.0 g/t gold. Area A: DSR282 was the first drill hole completed at Area A of this program and was drilled on the eastern end of a new drill traverse along section 1429640mN. Mineralisation was intersected in numerous intervals down hole corresponding to calcareous sedimentary rock units. Assay results from the RC drill hole included: 2m at 5.2 g/t gold - 5m at 1.1 g/t gold - 5m at 1.1 g/t gold. Additional drill results will be required to fully interpret these results. NEXT STEPS: Current drill program: Approximately 6,000m of the Resource Definition drill program has been undertaken to date. The RC and diamond drill program is designed to infill and extend the identified mineralisation, demonstrate the scale of the mineralised systems, and to better understand the controls on mineralisation over both Areas A and D. The program is aimed to be completed within this current field season, ending late June early July. It is anticipated that after completion of this current phase of drilling the drill data coverage will be sufficient to undertake a maiden Mineral Resource estimate over Area A and Area D. A series of metallurgical samples from Area D oxide and fresh diamond core has been collected and are being sent to ALS in Perth for preliminary metallurgical analysis under the supervision of Lycopodium. It is expected that these results will be available to support the maiden Mineral Resource Estimate and will confirm the previous excellent results retuned from Area A, averaging 96% gold recovery from fresh rock samples. Other exploration: The Induced Polarisation geophysical survey is ongoing with the aim of improving the resolution of the existing data and extending the Ground Array Induced Polarisation ("GAIP") cover over the Diamba Sud tenement. GAIP has been proven effective for identifying structures and certain lithological units, such as granitoids.
分析記事 • Apr 18We Think Chesser Resources (ASX:CHZ) Can Afford To Drive Business GrowthThere's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, Chesser...
お知らせ • Mar 04Chesser Resources Limited Provides an Update on Drilling Results from the Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited provided an update on drilling results from the Diamba Sud Gold Project in Senegal, West Africa. This release reports on the drill assay results from four diamond ("DD") drill holes and 16 reverse circulation ("RC") drill holes, totaling 605m and 2,216m respectively. All holes are from Area D, except four RC drill holes which are the final drill results from at Area A - DSR226 to 228 and DSR243. The Area D drill program was designed to target the extent of the high-grade flat lying oxide zone and the underlying fresh rock sulphide mineralisation in Area D. Mineralisation in both the oxide and the underlying fresh rock appears to trend in a northwest and northeast direction controlled by faulting. Mineralisation in the fresh rock is associated with hydrothermal breccias and stockworks in the carbonate rich lithologies. In the northeast, drilling defined thick high grade oxide mineralisation in drill holes DSDD029: 41.5m at 6.77 g/t gold, DSR234: 35m at 3.21 g/t gold and DSR235: 34m at 1.69 g/t gold. Oxide mineralisation appears to be locally conformable with the interpreted northeast-southwest trending fault that offsets Area A and Area D. Oxide mineralisation remains open in that direction although more confined than to the southwest. The mineralised intercept in diamond drill hole DSDD029, strongly supports the previously drilled RC drill results in that area. Drilling along section 1,429,600mN appears to have cut off mineralisation to the north. In the central area, oxide mineralisation has been extended to the west with DSR231: 16m at 2.69 g/t gold and DSR232: 10m at 2.73 g/t gold and 7m at 1.10g g/t gold. The outstanding drill results will determine how far mineralisation extend to the west and/or to the northwest in that area. In the southern area mineralisation again appears to be confined around the trace of the interpreted northeast-southwest trending fault, DSDD028: 10m at 7.33 g/t gold and DSR230: 18m at 1.55 g/t gold. Mineralisation is open towards the southwest.
お知らせ • Feb 03Chesser Resources Limited Provides Update on Drilling Results from Its Diamba Sud Gold Project in Senegal, West AfricaChesser Resources Limited provided an update on drilling results from its Diamba Sud Gold Project in Senegal, West Africa. The company reported assay results from 4 diamond holes (DD) and 21 reverse circulation (RC) holes, totalling 1,058m and 2,970m respectively completed at Area A in November and December 2020. Recent drilling completed at Area A focussed on confirming the continuity of the northeast-trending SWF1 and SWF2 structures, to assist in the development of a geological model, and testing the northwest-trending, dilational fault to the southeast for possible strike extensions. Further high-grade wide intersections were encountered in holes DSR206 and DSR200 on the 485N and 435N lines respectively corresponding to the SWF2 structure. Hole DSR206 intersected 25 m at 7.20 g/t gold from 102 m, including 9 m at 11.55 g/t gold from 104 m, and 1m at 11.30 g/t gold from 121m. Hole DSR200 returned 21 m at 4.17 g/t gold from 113 m, including 5 m at 7.42 g/t gold from 114 m. These results highlight the consistency and high-grade nature of mineralisation around the intersection of the northwest dilation fault and the SWF1 and SWF2 structures. These new results have firmed up the geological model at Area A and are expected to contribute positively to resource estimate studies at Diamba Sud that the Company is expecting to commence this year. Step-out drilling completed along strike to the south and southeast of the northwest-trending dilation fault at Area A intersected a steeply-dipping mineralised zone in holes DSDD026 and DSR215. Hole DSDD026 intersected 3.35 m at 1.96 g/t gold from 170 m and 2.95 m at 6.52 g/t gold from 180 m within a 20 m zone of strongly fractured to brecciated, altered felsic intrusive. The mineralised intervals were separated by a late crosscutting dyke. Hole DSR215 intersected the same mineralised zone at a shallower depth, returning 8 m at 1.74 g/t gold from 87 m. These intersections are interpreted to represent the southern strike extension of the northwest-trending, dilation fault, some 200 m along strike from hole DSR167. More drilling is needed to confirm this interpretation, however, these intersections are significant as they coincide with the gold auger anomaly that extends to the southeast of Area A for some 750 m to Barrick's Bambadji JV tenement boundary. Drilling to test the southwestern extension of SWF1 intersected mostly anomalous mineralisation, with the exception of the southernmost hole DSR224 which returned 7m at 1.23 g/t gold from 48 m. Here, the structure is hosted within a felsic intrusive and the Company believes the varying presence of gold mineralisation is a function of the more competent nature of the host rock. The RC and diamond drill rigs are currently operating at Area D to follow-up on the exceptional results reported during the December 2020 quarter. Drilling will focus on testing extensions to the oxide and sulphide zones to the northeast, north and northwest of Area D. Greenfield targets at Western Splay and Southern Arc are also planned to be tested as part of the current program. The Company is expecting a steady flow of results through the first half 2021. The Company is also planning to extend gradient array induced polarisation (GAIP) geophysical coverage over large parts of the northern Diamba Sud block during the March 2021 quarter. GAIP has been proved to be effective for identifying structures and certain lithological units (such as granodiorites).
Executive Departure • Feb 03MD, CEO & Director Michael James Brown has left the companyOn the 1st of February, Michael James Brown, was replaced as CEO by Andrew Grove after 2.2 years in the role. As of September 2020, Michael James personally held 1.46m shares (AU$343k worth at the time). Michael James is the only executive to leave the company over the last 12 months. Under Michael James' leadership, the company delivered a total shareholder return of 310%.
お知らせ • Jan 20Chesser Resources Limited Extends Sulphide Mineralisation At Diamba SudChesser Resources Limited provided an update on drilling results from its Diamba Sud Gold Project in Senegal, West Africa. The company reported drill assay results from 3 diamond holes (DD) and 13 reverse circulation (RC) holes, totalling 798m and 1,995m respectively completed in November and December last year. All holes are from Area A, with results pending from an additional 4 DD holes and 21 RC holes drilled prior to year end. Drilling at Area A was focussed on confirming the continuity of the southwest striking SWF2 structure and extending the strike and mineralisation to the southwest. Drilling was successful on both these objectives. Drill traverses were also extended to the west to test for continuity of the southwest striking SWF1 structure identified in previous drill holes DSR112 and DSR138. Drilling did not intercept this structure indicating it may trend more to the west. SWF1 trends principally through the western of two felsic intrusives that appear to flank Area A. Results are pending from holes drilled subsequently to test this westward swing. SWF2 is the eastern of the two northeast-southwest striking mineralised structures identified to the west of the NW-SE striking high-grade dilational fault. The structure dips steeply to the east. DSD020 intersected two high grade zones within the 13m at 4.96 g/t gold mineralised zone from 115m; 2m at 12.71 g/t gold from 117m and 2m at 10.94 g/t gold from 125m. Mineralisation in this zone was hosted in intensely altered albite-hematite-Fe carbonate-quartz sedimentary breccia with strong hydrothermal brecciation. The company believes there is a potential for high-grade shoots along this structure and further drilling will be required on SWF2 to determine potential controls of these high-grade shoots. An additional 21 RC holes and 4 DD have been drilled with assay results pending. These cover further extensional drilling at SWF2 and SFW1, as well as testing the potential southerly trend of the NW-SE high-grade dilational structure. The company is testing a possible flexure of this structure to the south around the eastern flanking felsic intrusive that is a potential source of the southeast striking auger anomaly extending from Area A towards Barrick's Bambadji JV to the east. The RC and diamond drill rigs are currently operating at Area D to follow up on the exceptional results reported from the first pass drilling at that prospect. Drilling will focus on testing extensions to the northeast, north and northwest of both the oxide and sulphide mineralised zones. Greenfield targets at Western Splay and Southern Arc are also planned to be tested early in the year. The company is expecting a steady flow of results through first quarter and second quarter of 2021. The Company is planning to extend gradient array induced polarisation geophysics (GAIP) over large parts of the northern Diamba Sud block (DS1) early in 2021. GAIP has been proved to be effective for identifying structures and certain lithological units (such as granodiorites).
お知らせ • Jan 04Chesser Resources Limited Appoints Andrew Grove as Its Chief Executive Officer Effective 1 February 2021Chesser Resources Limited announced that it has appointed highly experienced resources executive Mr. Andrew Grove as its Chief Executive Officer effective 1 February 2021. Mr. Grove has over 30 years technical, commercial and financial experience in global resources including 14years with Macquarie Bank's Mining Finance and Risk Management Groups. Andrew has gained significant operational experience across all phases of resources projects such as the Sunrise Gold Dam project in Western Australia and has substantial African gold mining experience including his most recent role as Group General Manager Business Development and Investor Relations at Perseus Mining Limited.
Recent Insider Transactions Derivative • Dec 15Independent Non-Executive Director exercised options to buy AU$160k worth of stock.On the 8th of December, Simon Taylor exercised options to buy 800.00k shares at a strike price of around AU$0.10, costing a total of AU$80k. This transaction amounted to 19% of their direct individual holding at the time of the trade. Since December 2019, Simon has owned 4.30m shares directly. Company insiders have collectively bought AU$224k more than they sold, via options and on-market transactions, in the last 12 months.
お知らせ • Nov 30Chesser Resources Limited announced that it expects to receive AUD 8 million in fundingChesser Resources Limited (ASX:CHZ) announced a private placement of up to 38,095,238 fully paid ordinary shares at a price of AUD 0.21 per share for gross proceeds of AUD 7,999,999.98 on November 30, 2020. The transaction will include participation from domestic and offshore institutions and sophisticated investors including new and existing institutional investors. The transaction will complete in two tranches. The company will issue up to 37,921,238 shares in its first tranche and is expected to occur on or about December 8, 2020. The company will issue 174,000 fully paid ordinary shares to Mark Connelly and his associates in its second tranche. The second tranche need approval from shareholder approval at a shareholder meeting expected to be held prior to January 31, 2021. The transaction has been approved by the board of directors of the company.
お知らせ • Oct 13Chesser Resources Limited Commences 20,000 Metre Drilling Campaign at Diamba SudChesser Resources Limited provided the following exploration update for its Diamba Sud Gold Project in Senegal. HIGHLIGHTS: Drilling has commenced at Diamba Sud following the end of the wet season in Senegal. Scope of works is for ~5,000m of diamond (DD) and ~15,000m of reverse circulation (RC) drilling. First assay results are expected by November, with a steady flow of news expected thereafter. The program will initially focus on: Further exploration of the recent shallow, high grade Area D discovery at depth and along strike, with prior results including 48m at 6.70g/t gold and 55m at 4.27 g/t gold. Extensions at Area A, where the alteration and mineralisation indicate a large hydrothermal system, with prior results including 16m at 8.51g/t gold2 and 21m at 6.62 g/t gold3. Area D appears to be the offset continuation of Area A, offering significant strike potential to extend mineralisation within the Diamba Sud tenement. The Company is also expecting to conduct initial exploration traverses on Area H and the Western Splay. Both are greenfield targets and display strong geochemical and geophysical anomalies. The Company is fully funded for the planned activities following the completion of a AUD 6 million placement in early September.
Is New 90 Day High Low • Oct 09New 90-day high: AU$0.28The company is up 208% from its price of AU$0.091 on 10 July 2020. The Australian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 5.0% over the same period.
Reported Earnings • Oct 01Full year earnings released - AU$0.004 loss per shareOver the last 12 months the company has reported total losses of AU$1.14m, with losses narrowing by 44% from the prior year.
お知らせ • Jul 10Chesser Resources Limited announced that it expects to receive AUD 6 million in fundingChesser Resources Limited (ASX:CHZ) announced that it has received firm commitments for a private placement of up to 75,000,000 fully paid ordinary shares at a price of AUD 0.08 per share for gross proceeds of up to AUD 6,000,000 on July 10, 2020. The transaction will include participation from existing shareholders and a number of new institutions, institutional, professional and sophisticated investors in Australia and other select jurisdictions. The shares will be issued in two tranches. The company will issue up to 29,339,068 shares for gross proceeds of up to AUD 2,347,125.44 in first tranche, which is expected to close on or about July 20, 2020. The company will issue up to 45,660,932 shares for gross proceeds of up to AUD 3,652,874.56 in second tranche. Second tranche is subject to shareholders approval in an extraordinary general meeting of shareholders on or about August 31, 2020. The second tranche's shares will be issued as soon as possible after shareholder approval is obtained. The transaction has been approved by the board of directors of the company.