New Risk • Oct 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 22% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$8.97m market cap, or US$5.92m). New Risk • Sep 30
New major risk - Revenue and earnings growth Earnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$5.04m market cap, or US$3.33m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). New Risk • Sep 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (AU$4.98m market cap, or US$3.26m). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (16% average weekly change). 공시 • Sep 12
Australasian Metals Limited, Annual General Meeting, Nov 28, 2025 Australasian Metals Limited, Annual General Meeting, Nov 28, 2025. New Risk • Aug 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (AU$4.23m market cap, or US$2.72m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Board Change • Apr 04
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Executive Director Ashton Daniel French was the last director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Jan 09
Australasian Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.75 million. Australasian Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.75 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,769,231
Price\Range: AUD 0.13
Transaction Features: Subsequent Direct Listing 공시 • Jan 08
Australasian Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.75 million. Australasian Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.75 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,769,231
Price\Range: AUD 0.13
Transaction Features: Subsequent Direct Listing 공시 • Sep 19
Australasian Metals Limited, Annual General Meeting, Nov 22, 2024 Australasian Metals Limited, Annual General Meeting, Nov 22, 2024. New Risk • May 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 21% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$5.47m market cap, or US$3.64m). New Risk • Feb 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$5.21m market cap, or US$3.42m). 공시 • Sep 26
Australasian Metals Limited, Annual General Meeting, Nov 21, 2023 Australasian Metals Limited, Annual General Meeting, Nov 21, 2023, at 10:00 W. Australia Standard Time. Location: Level 8, 99 St Georges Terrace, Perth Western Australia Australia Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 공시 • Sep 24
Australasian Metals Limited, Annual General Meeting, Nov 25, 2022 Australasian Metals Limited, Annual General Meeting, Nov 25, 2022. 공시 • Aug 23
Australasian Metals Limited Advises Soil Geochem Highlights Lithium Targets at Mt Peake Australasian Metals Limited advised that the Company has defined a number of distinct areas of lithium geochemical anomalism within soils through MMI sampling technique using Ionic Leach at the Mt Peake Lithium Project, in the Northern Arunta pegmatite province, Northern Territory. The MMI sampling technique was used to collect soil samples that were then analyzed using the Ionic Leach partial leach technology. Ionic Leach is a proprietary partial leach technology that has been developed to extend the reach of geochemical exploration into areas that have been blanketed by post-mineralization cover. This cover is typically transported, though well-developed residual cover sequences can also be suitable candidates. Soil and sediments are the media used for Ionic Leach surveys. Partial leaches such as Ionic Leach operate by separating and examining only a part of the chemical composition of the whole sample. Because chemical, rather than physical transport is typically responsible for "adding" a mineralization signal from depth to exotic cover, clever formulation of leach chemistry can be used to extract this signal off the exotic cover substrate, into solution where it can be analyzed. Ionic Leach is a chemical approach to excluding parts of a surface sample that dilute the signal that mineral explorers seek. With ongoing field mapping and sampling surveys, the Company has confirmed lithium mineralization in the surface through two samples (JC001 and MP10127) with 1.61% Li2O & 225 ppm Ta and 1.15% Li2O & 223 ppm. The exact relationship between these two mineralized samples is still unknown due to the limited outcrop in this area of the tenement. The Company conducted a soil geochemical sampling program using Ionic Leach geochemical technique with ALS Perth. The areas of Li geochemical anomalism that are evident with the recent geochemistry program tend to be quite consistent along the sampling lines but generally do not extend along the direction of the dominant strike (NW-SE) in the area. There are many possible reasons for this including a different strike direction for the mineralization event or the remobilization of lithium under weathering processes. The tantalum (Ta) geochemical contour map clearly shows there is a Ta anomaly close to the location of rock chip samples JR001, MP10127 and MPL008 to the northwest. 공시 • Aug 11
Australasian Metals Limited Announces Maiden Drill Program At the Mt Clermont Polymetallic Project Has Been Completed with Promising Gold Results Returned Australasian Metals Limited announced that its maiden drill program at the Mt Clermont polymetallic project has been completed with promising gold results returned. Twelve drill holes were drilled for 1,272 metres to test and verify historical drilling (70 holes for approximately 6,500 metres) in an area the Company believes has the potential to define a maiden resource. The aim of the recent drilling was designed to test these targets for potential extensions of mineralisation, as well as improve the confidence to produce a JORC compliant resource estimation. Mt Clermont polymetallic project: Mt Clermont hosts the regionally significant Retro, Retro Extended and Nanya prospects, which are associated with the Retro Fault Zone. The project lies within the Anakie Province of the Drummond Basin, which is composed of a sequence of Devonian to Carboniferous sediments in Central Queensland, approximately 60km by road north-west of the town of Emerald. Mt Clermont has over 6,500m of historical drilling, showing potential for a high-grade polymetallic epithermal system. The 2022 drilling is shown on the following maps together with a selection of cross sections. The drill holes were designed to target and extend the mineralisation trend southwards and to test the interpretation that the vein system mapped has not been intersected previously. Some drilling was to validate and infill previous drilling where significant mineralisation has been identified. Retro Extended Prospect: The recent field investigation and data re-interpretation conducted by the Company has identified several targets with open potential for further mineralisation. The Company's geological team located and mapped the Retro Extended vein for at least 400 metres south of the most southern drillhole with gold mineralisation. It appears that a number of the historical drill holes did not intersect the down dip extension of this vein which may be a parallel structure to the vein that was intersected in historical drilling. Upcoming Work: With this verification work completed the Company will begin a data review and modelling the orebody for grade interpolation. More exploration activities will be planned for the southwest end of the current known mineralisation. 공시 • Jul 26
Australasian Metals Limited Provides an Update on Capella, Central Queensland Project Australasian Metals Limited advised that the Company's maiden drill program at the Capella gold project has returned high grade gold intercepts. The 1,644m reverse circulation (RC) program focused on verifying and adding confidence to the QA/QC of the historical drilling at the Ayres Rock prospect for the delineation of a maiden JORC compliant resource, as well as testing an identified trend of mineralisation to the north-west of this prospect. The basement rocks in the project area consist of Bathampton Metamorphics, a subdivision of the Anakie Metamorphics. The units consist dominantly of quartz-mica schist and phyllite, with subordinate quartzite, amphibolites and calcsilicate rocks. Historical drilling indicated the continuation of a stockwork mineralised horizon at the tenement. 1995-2001, Australian Goldfields NL completed aeromagnetic, auger soil geochemistry, IP surveys, percussion and diamond drilling at the tenement. Together 28 RC holes for 3,388m were drilled. In 2008, Impact Minerals Limited drilled 15 RC holes totaling up to 2,490m. Historically, over 66 RC holes for a total of 6,500m have been drilled across the tenement. For 2022 program, 1644m were drilled in total across 12 RC holes, two of which were drilled to compensate the landowner to provide some water well holes. The 2022 RC drilling program successfully tested and verified earlier drilling where a potential resource occurs. The holes and targets are shown on the following drilling plan map and long section. Results from CAR036 have identified thick, high-grade gold mineralisation over 10m beneath the historical results (including ARC009 with 32m at 3.8g/t Au). This hole provides valuable information for to chase the high-grade plunge in future program. The drilling results show that there is close to 1 km strike of gold mineralization to be tested and the Company is investigating the control of the high-grade zones by conducting further structural geology studies. It seems that the interpreted sub north-south shear system controls the overall gold mineralisation, while the high grade zones may be the dilation jogs along the main structure. The Company has completed the first campaign of RC drilling and confirmed several high- grade areas within the mineralised system. A diamond drill hole program will be designed to follow and extend the high-grade shoots and extract valuable structural information. In the meantime, the Company will review data and start to develop a resource model for the Capella project. The Company is expecting to finalize the interpretation of the Retro Extended drilling results in a couple of weeks and update the market accordingly. 공시 • Jul 02
Australasian Metals Limited Announces High Grade Tantalum Mineralisation Identified Barrow Creek Australasian Metals Limited announced that the Company has identified high-grade tantalum plus tin mineralisation at the Barrow Creek lithium Project in the prospective Northern Arunta pegmatite province, Northern Territory. Our ongoing field work at Barrow Creek project (EL28515) has identified high-grade tantalum mineralisation that is also associated with highly anomalous values of lithium and caesium. The highest grade was 1018ppm Ta in sample BC10124 which was taken from a highly weathered, almost ground level outcrop of what appears in hand specimen to be almost pure mica. This mica outcrop intermittently shows over a strike length of approximately 40m and was sampled four times with the other three samples, BC10171, BC10172 and BC10173 returning Ta values of 169ppm, 150ppm and 554ppm showing very consistent mineralisation. Due to the high degree of weathering in this area there is no other outcropping rock for several hundred meters of radius around this area, apart from weathering resistant, buckey white quartz veins that are scattered throughout. These quartz veins are likely to be associated with the emplacement of pegmatites. Due to this dearth of outcropping rock, the Company has completed a close spaced MMI soil sampling geochemistry program centred on the tantalum occurrence. The results of this soil sampling program are still pending and will determine our next stage of exploration in this area. Continued field work at EL29724 is also showing promising trends with grades of 0.26% Li2O and 0.16% Li2O from rock chip sampling. While these results do not represent mineable grades, they are very promising when seen in the context that the overall lithium grades of pegmatites in the central area of this lease are all highly anomalous. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 공시 • Apr 11
Australasian Metals Limited Commences RC Drilling at MT Clermont and Capella Projects Australasian Metals Limited advised that its maiden drill program has commenced at the Mt Clermont polymetallic project and the Capella gold project, which are located within the Anakie Province of the Drummond Basin of Central Queensland. The ~2,500m RC drilling program will focus on the Ayres Rock prospect at the Capella tenement and at the Retro Extended prospect within the Mt Clermont tenement. Eagle Drilling NQ Pty Ltd. has been engaged to conduct the RC program for the Company, with the RC Rig recently arriving at site. Mt Clermont polymetallic project: Recent field investigation discovered and mapped extension of the Retro Extended veining for at least 400 metres south of the most southern drillhole at the prospect Gold-in-rock samples highlight untested potential at the Retro and Retro Extended prospects High grade historic drill intercepts at Retro Extended including 8m @ 16.1g/t Au, 143g/t Ag, 5.6% Cu, 7.8% Pb from 8 metres in hole RERC001. Narrow High grade historic drill intercept from diamond drilling in 2018 of 0.7m @ 10.9g/t Au, 146g/t Ag, 8.3% Zn, 5.1% Pb and 0.7% Cu from 229.5 metres downhole (RTIPT016). Capella gold project: Plunging high-grade gold mineralisation has been interpreted and will be tested. The historical drill intercepts at Capella indicate strong mineralisation, including: ARC009: 32m @ 3.8g/t Au from 22m, including 2m @ 32.8g/t Au from 22m and 2m @ 18.9g/t Au from 50m; ARC008: 22m @ 1.1g/t Au from 60m depth; CAR003: 22m @ 1.7g/t Au from 20m, including 1m @ 8.3g/t; and CAR005: 6 m @ 5.1g/t Au from 40m depth. 공시 • Apr 08
Australasian Metals Limited Announces Further Lithium Mineralisation At the Mt Peake Lithium Project, in the Northern Arunta Pegmatite Province, Northern Territory Australasian Metals Limited advised that the Company has identified further lithium mineralisation at the Mt Peake Lithium Project, in the Northern Arunta pegmatite province, Northern Territory. Outcropping bedrock in the northwest corner of EL32830 is rare due to the dominant alluvial cover, which provides limited access to probe the geology directly. With our ongoing field mapping and sampling surveys, the Company has again confirmed lithium mineralisation in mthe surface through another sample (MP10127) with 1.15% Li2O and 226 ppm. This is consistent with the previously reported JC-001 sample which contained 1.61% Li2O and 223 ppm Ta. MP10127 was taken ~800m to the southeast of JC001. The exact relationship between these two mineralised samples is still unknown due to the limited outcrop and will be a focus of investigation in the near future. Diamantina Laboratories were engaged for a petrological study on sample MP10127. One of the minerals identified was montebrasite (LiAl(PO4) (OH,F)) a lithium phosphate that is amenable to processing to produce a saleable product. The montebrasite forms a 2cm sized crystal in the centre of the 4x 2.5cm slide area of Sample MP10127. It is flanked by variable concentrations of finer muscovite, apatite, quartz and some fine montebrasite. The montebrasite was identified by optics/SEM, and confirmed by its XRD pattern, which differs from its polymorph, amblygonite. The identified micas are seen to form bunches of coarse flakes and have a very high Rb2O content (>3%), yet very low fluorine (0.15%). The mica is colourless macroscopically and in polarized light. Attempts using RI values that separate lepidolite and muscovite were inconclusive. XRD patterns are very similar. SEM scan found a number of grains of ferrotantalite and wodginite. 공시 • Apr 06
Australasian Metals Limited Receives Exploration License Australasian Metals Limited announced that the company has received confirmation that Exploration License (EL) 32830, representing the Mt Peake Lithium Project in the prospective Northern Arunta pegmatite province, Northern Territory, has been successfully granted by the Northern Territory Mines Department. The company has also completed a soil geochemical sampling program focussed on the northwest corner of EL32830, with six sample lines, 400m apart. Sampling was completed at 100m and 50m along lines. The size of the program is such that clear anomalous values can be established over a relative background. The transects were designed to cover sub-cropping or shallowly buried pegmatite dykes or swarms of pegmatites outcropping along the northwest striking into Core Lithium Ltd.'s tenement to the northwest. The lithium content contour map shows the overall northwest trending anomalism, two of which have reasonable overlaps with interpreted pegmatite dyke structures in the southwest corner of the contour map. The Rb content contour map has defined more clear northwest striking structures and sample JC001 correlates with relatively high Rb enrichment in survey lines covering that area. The company believes that Li-Rb under the "partial digest" technique has achieved aim to validate the project's prospectivity for Li-bearing pegmatites at shallow depths. Next Steps: The results of A8G's maiden soil geochemical sampling program at the Mt Peake Lithium project have outlined several potential targets for further work. The next steps are to extend the program to the south-east in order to double the area covered and to conduct infill sampling to follow up areas of anomalism from this first phase of sampling. Rock chips samples are being assayed from the last fieldtrip. Potential outcome could significantly improve geological understanding on the lithium mineralization. 공시 • Mar 29
Australasian Metals Limited Provides an Update on Deep Ground Penetrating Radar Survey Work on EPA32830, in the Prospective Northern Arunta Pegmatite Province, Northern Territory Australasian Metals Limited provided an update on Deep Ground Penetrating Radar (DGPR) survey work on EPA32830, in the prospective Northern Arunta pegmatite province, Northern Territory. Ultramag Geophysics Pty Ltd. was commissioned to undertake the DGPR trial survey to locate lithium bearing pegmatites at the Mt Peake lithium project (ELA 32830), approximately 200km north of Alice Springs. 32.8 km of line was acquired over 14 profiles with high resolution sub-meter short spacing capable of mapping very thin quartz veins and pegmatites. DGPR was calibrated over outcropping tourmaline and mica bearing schists both hosting lithium rich pegmatites primarily in the south of the survey. The following anomalies have been interpreted: 37 conventional pegmatite like anomalies; 18 tourmaline and/or mica schist anomalies (lithium pegmatite hosts) several of which outcrop; 17 granite dissolution anomalies possibly greisen and/or variations of the schist anomalies; and A thick zone in the north was also identified as a possible analogue to Core Lithium Limited Bismark lithium project less than 4km to the northwest. ELA 32830 is located in the Mt Peake area of the Anningie Tin-Tantalum-Pegmatite fields in the north Arunta Region of the Northern Territory. The area is considered highly prospective for hard rock lithium mineralisation. ELA32830 covers over 640km2 and shares a boundary with Core Lithium Limited's Anningie lithium project. The DGPR survey work was conducted in the northwest corner of Mr. Peake over the defined exploration corridor covering the northwest and southeast side of the high grade surface sample JC001. With quality data acquired, DGPR can detect: Some but not all mica schists (hosting potential lithium pegmatites); All tourmaline schists (hosting potential lithium pegmatites); Granite under cover not mapped by geologists; Two types of folding - inferring at least two types of metasediments; Shear zones and/or areas of intense (probably quartz) veining under cover not mapped by geologists; Isolated quartz veins; Faults major and minor; Some contacts; andPegmatite like anomalies that differ from those hosted in mica and tourmaline schists. 공시 • Feb 22
Australasian Metals Limited (ASX:A8G) completed the acquisition of 90% stake in Burrow Creek lithium project from Prodigy Gold NL (ASX:PRX). Australasian Metals Limited (ASX:A8G) signed a binding Sale and Purchase Agreement to acquire 90% stake in Burrow Creek lithium project from Prodigy Gold NL (ASX:PRX) for AUD 0.15 million on January 12, 2022. The consideration will be paid in cash.
Australasian Metals Limited (ASX:A8G) completed the acquisition of 90% stake in Burrow Creek lithium project from Prodigy Gold NL (ASX:PRX) on February 22, 2022. 공시 • Jan 22
Australasian Metals Limited Provides Update on Exploration Work at Both Mt Peake Lithium Project and Barrow Creek Lithium Projects in Prospective Northern Arunta Pegmatite Province, Northern Territory Australasian Metals Limited provided an update on exploration work at both the Mt Peake Lithium project and the Barrow Creek Lithium projects in the prospective Northern Arunta pegmatite province, Northern Territory. After the initial field mapping and sampling program in the fourth quarter of 2021, which returned grades of up to 1.61% Li2O & 223ppm tantalum (Ta), the Company has identified the northwest corner of ELA 32830 as a key area requiring follow-up work, including more detailed mapping and rock chip sampling. The patchy nature of the outcrop of pegmatite bodies impedes the company’s understanding of the structure of the potential mineralisation, with Australasian planning to undertake additional traverses across the targeted area. The Company believes that the DGPR survey will provide important information to constrain the geometry of mineralized pegmatites. The program is expected to be completed within two weeks, with the interpretation to be completed by the end of February 2022. A8G has enlisted Ultramag Geophysics to complete a Deep Ground Penetrating Radar (DPGR) survey over the defined exploration corridor covering the northwest and southeast side of the high grade sample in the surface. DGPR is a breakthrough technique that is used to produce high-resolution images of the sub-surface up to 200m depth. Specifically, DGPR has been successful in mapping lithium pegmatites and has been an effective regional targeting tool in the Mt Cattlin district for delineation of priority drill targets. Australasian will also conduct a mapping and rock chip sampling program at the newly acquired tenement package in the Barrow Creek area. Through remote sensing imagery interpretation, several key areas have recently been identified for on-ground sampling. Overview of the Exploration Strategy at the Mt Peake lithium project: The Mt Peake Lithium project (ELA 32830), is located in the Mt Peake area of the Anningie Tin-Tantalum-Pegmatite fields in the north Arunta Region of the Northern Territory. The area is considered highly prospective for hard rock lithium mineralisation. ELA32830 covers over 640km2 and shares a boundary with Core Lithium Limited's Anningie lithium project. 공시 • Jan 12
Australasian Metals Limited (ASX:A8G) signed a binding Sale and Purchase Agreement to acquire 90% stake in Burrow Creek lithium project from Prodigy Gold NL (ASX:PRX) for AUD 0.15 million. Australasian Metals Limited (ASX:A8G) signed a binding Sale and Purchase Agreement to acquire 90% stake in Burrow Creek lithium project from Prodigy Gold NL (ASX:PRX) for AUD 0.15 million on January 12, 2022. The consideration will be paid in cash. 공시 • Dec 08
Ustralasian Metals Limited Advises That the Company and CSIRO Have Made Substantial Progress in Regional Targeting Exercises in the Company's Wholly Owned Mt Peake Lithium Project Australasian Metals Limited advised that the Company and Australia's national science agency, CSIRO, have made substantial progress in regional targeting exercises in the Company's wholly owned Mt Peake Lithium project. Highlights: High priority pegmatite targets with lithium mineralisation potential have been identified through a Kick-Start project between A8G and CSIRO in ELA32830 Further sampling planned to extend the surface mineralisation discovered with Sample JC001 (1.61% Li2O& 223 ppm Ta) ELA32830 application notice period will end on the 3rd of March, 2022, and the Company estimates that the license will be granted shortly afterwards. The Company and CSIRO team will investigate if the uranium/thorium ratio can be used as an indicator for the degree of granite fractionation in the area. They will ascertain if areas with relatively higher U/Th (deeper red colour) indicate a greater degree of fractionation of the granite/pegmatite exposed in outcrop and sub-crop. Fractionated granites have a greater chance to host lithium mineralisation. Furthermore the team will assess the ASTER AlOH group content map which highlights locations enriched in micas and clays highly likely to be associated with alteration or the presence of mica bearing pegmatites. Highlighted by this work is a strong regional NW-SE trending structural framework. The Company's geologists believe that this trend is a major controlling factor for the emplacement of the intrusive bodies and the associated, later stage pegmatite dykes. Geological mapping conducted by the Company has also shown that there is a regional NW-SE structural trend that has influenced both the schists and the intrusives. The Company's previous announcement of a high-grade rock chip sample (JC001 of 1.61% Li2O & 223 ppm Ta) (16 November, 2021) shows that the chemistry is present for lithium mineralisation at ELA32830, and by combining this knowledge with the remote sensing work of the CSIRO The company has been able to define high priority targets for further sampling, both in the northwest corner of the tenement and also in the southeasy of the tenement, following what is interpreted as a significant regional shear zone. The highlighted areas are interpreted as expressions of elevated U/Th within the deformation zone of this shear that are also close to potential contacts of the intrusions with older metasedimentary units (predominantly schists). The Company believes that such areas have the potential to localise the emplacement of lithium bearing pegmatites. The Company is currently planning further fieldwork at the Mt Peake Lithium project, where the company will conduct follow-up sampling in the area JC001 was discovered and also investigate these newly identified targets. The Company has been informed that EL 32830 application will exit the Northern Territory Notification period on the 3rd of March, 2022. The Mount Peake Lithium project is located within the Northern Arunta pegmatite province, approximately 200km north of Alice Springs and 250km south of Tennant Creek along the Stuart Highway in the Northern Territory. The project area is in the Anningie Sn-Ta pegmatite field, a known Lithium-Caesium-Tantalum pegmatite district in the Northern Arunta pegmatite province, central Northern Territory. The Esther Granite Suite contains biotite- muscovite granites, leucocratic, medium-grained, even-grained to porphyritic, tourmaline bearing, pegmatite and aplite (Offe,1978). An Sn-Ta-bearing coarse-grained Paleoproterozoic pegmatite was identified at the Reward Tin prospect, 70m long and 5-20m wide, located 3km to the north of ELA32830. This project was made possible by the CSIRO Kick-Start Program. CSIRO Kick-Start helps Australian start-ups and small businesses access dollar-matched funding and facilitation to undertake research and development activities with CSIRO. CSIRO has previously researched the Greenbushes and Pilgangoora lithium mines in Western Australia and the Goulamina lithium project in Mali, with respect to spectral sensing data analysis, and is using this prior research and experience to assist Australasian in identifying potential lithium-bearing pegmatite outcrops at the Mt Peake Lithium project. Australasian will ground-truth any generated targets and provide feedback to the CSIRO, who will, in turn, refine their analytical methods. 공시 • Nov 24
Australasian Gold Limited Announces High Priority Targets Identified At Mt Clermont and Capella Australasian Gold Limited announced that shareholders that an initial field work program has been completed at the Mt Clermont polymetallic project and the Capella gold project, with the identification of high priority targets to be drill tested in early 2022. Mt Clermont hosts the regionally significant Retro, Retro Extended and Nanya prospects, which are associated with the Retro Fault Zone. The project lies within the Anakie Province of the Drummond Basin, which is composed of a sequence of Devonian to Carboniferous sediments in Central Queensland, approximately 60 km by road north-west of the town of Emerald. Mt Clermont has over 6,700m of historical drilling, showing potential for a high-grade polymetallic epithermal system. Recent field work has highlighted that quartz veining is epithermal in texture, and is observed over a zone of 400 metres wide and for the length of the prospect. In the area just north of the road, only four drill holes have been completed. Australasian believes that these holes did not properly test the significant veining identified at Retro. 공시 • Oct 09
Australasian Gold Limited Applies for and Been Admitted to the CSIRO Kick-Start Program Australasian Gold Limited announced that the Company has applied for and been admitted to the CSIRO Kick-Start Program, to research the topic "Lithium (Li) Exploration in the Mt Peake Pegmatite Field" within ELA/32830 in the Anningie pegmatite province. Through Australia's national science agency, CSIRO, the Company will gain access to optical, thermal and geophysical remote sensing data analysis and interpretation workflows, as well as instrumental equipment to identify potential key features of Li-bearing pegmatites. CSIRO has previously researched the Greenbushes and Pilgangoora lithium mines in Western Australia and the Goulamina lithium project in Mali, with respect to spectral sensing data analysis, and will use this prior research and experience to assist Australasian to identify potential lithium bearing pegmatite outcrops at the Mt Peake Lithium project. Australasian will
ground-truth any generated targets and provide feedback to the CSIRO who will in turn refine their analytical methods. The recent field mapping program at Mt Peake has so far identified several major pegmatite outcrops in the northwest corner of the license which are characterised by coarse-to-medium grained, muscovite and tourmaline-rich white to grey pegmatite. These pegmatites have similar lithology with the pegmatite of Core Lithium's Anningie lithium project. 공시 • Jul 15
Australasian Gold Limited Announces Completion of First Diamond Drilling Program At May Queen Australasian Gold Limited announced that the diamond drill (DD) program has been completed safely and on schedule at the May Queen gold project within Queensland's Brovinia region. MQD0001 is designed to verify the mineralised structures under the historical 26 m at 28.37g/t intersection and it intercepted the target. In-house geological interpretation has started. Current logging has identified several sections of potential mineralisation waiting for assay to confirm with intensive potassium feldspar alteration along with sericite, calcite, and sulphides with minor silica alteration. Hole MQD0005 was drilled to test previously reported 1 m at 0.6 g/t gold and 1.3% copper results of MQN02 from 46 m down dip. It intercepted a unit of sediments from 150m to 193m with visible sulphide disseminated and in veinlets with calcite, chlorite, sericite and propylitic alterations. The Company will update the market with more detailed interpretation after the assay results are received in 4 to 6 weeks. 공시 • Jun 17
Australasian Gold Limited Commences Diamond Drilling at May Queen Australasian Gold Limited to advise that the diamond drill rig has arrived at site on the May Queen gold project within Queensland's Brovinia region, with drilling commencing immediately. Historical RC drilling at the May Queen project by previous explorers returned numerous high- grade gold intervals at shallow depth. The Company believes that depth and strike along the existing mineralization and parallel structure potential remain at May Queen, warranting drilling test. Following initial interpretation of the ground magnetic survey (refer to the Company's ASX announcement dated 11 June 2021), several parallel structures have been identified that have similar characteristics to the known mineralisation. These possible mineralised structures, as well as down-dip and strike extensions, will be targeted by this program. Depending on the results of the program, the Company may look at stepping out drilling to the west in order to test the known west dipping mineralisation/structure. As the ground conditions are good and water is sourced locally, it is estimated that the drilling will take 3 weeks to complete. 공시 • Jun 12
Australasian Gold Limited to Commence Diamond Drilling Australasian Gold Limited to announced that a ground magnetic survey commissioned with Planetary Geophysics Pty Ltd. has been
completed at the May Queen gold project within Queensland's Brovinia region. Geological mapping at May Queen has long established a relationship between gold and magnetite mineralisation, particularly in the limited surface exposure of breccia, skarn and quartz veining. These features are generally restricted to narrow veins (<2m in width) with gabbro and marly shales between veins showing no appreciable magnetite mineralisation. The intensity and consistency of the magnetic anomaly shown by this survey is at odds with these observations and is suggestive of a more pervasive magnetite-related mineralisation which may carry associated gold and copper mineralisation. Also observed in the survey data is a number of weak NW-SE trends which explain the same trend that has been the driving geological feature behind the previous drilling. These parallel structures have the potential to host similar mineralisation to that revealed by previous drill programs. Associated Exploration Drillers Pty Ltd. will be heading to the May Queen project site around 14 June 2021 to begin a 1,000m diamond drill program. The drilling is designed to test three
features related to the ground magnetic survey: Extend the known mineralisation below the current ~50m depth. Test the additional parallel NW-SE trends observed in the ground magnetic survey. Investigate the actual source and nature of the magnetic anomaly. 공시 • Jun 09
Australasian Gold Limited (ASX:A8G) entered into an agreement to acquire Capella Gold Project in Queensland from Bowen Coal Pty Limited for approximately AUD 0.08 million on June 7, 2021. Australasian Gold Limited (ASX:A8G) entered into an agreement to acquire Capella Gold Project in Queensland from Bowen Coal Pty Limited for approximately AUD 0.08 million on June 7, 2021. Under the terms, Australasian Gold Limited (ASX:A8G) will issue 500,000 shares at a price of 20 cents per share . Completion of transaction is conditional on satisfactory legal and technical due diligence, and registration of tenement transfer by the Queensland Mines Department. Settlement of shares will take place within five days of completion. The Consideration Shares will be subject to 12 months voluntary escrow. 공시 • May 21
Australasian Gold Limited Commences Exploration Activities at the company's Projects Within Queensland's Brovinia Region Australasian Gold Limited that it has commenced exploration activities at the Company's projects within Queensland's Brovinia region. The Company's initial focus is the highly-prospective but underexplored May Queen Gold Project (EPM 19419 and EPM 27746). Work currently underway at May Queen includes surface mapping, as well as finalising logistics in preparation for the planned diamond drilling (DD) program scheduled to commence by the end of this month. Historical drilling at the May Queen project by Black Swan Limited and Ironridge Resources Limited has returned numerous high-grade gold intervals at shallow depth. The Company believes that depth and strike potential remains at May Queen. The May Queen gold project comprises granted tenement Exploration Permits for Minerals EPM 19419 and adjacent application EPM 27746, located within the Brovinia goldfield in Queensland, approximately 225 km by road south-west of the nearest regional port at Bundaberg and 375 km by road from Brisbane. It covers free-hold land with no Native Title claim. 공시 • May 13
Australasian Gold Limited has completed an IPO in the amount of AUD 5.512988 million. Australasian Gold Limited has completed an IPO in the amount of AUD 5.512988 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 27,564,940
Price\Range: AUD 0.2
Discount Per Security: AUD 0.012 