C29 Metals (C29) 주식 개요C29 Metals Limited는 호주에서 광물 자원을 탐사하는 회사입니다. 자세히 보기C29 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장0/6과거 실적0/6재무 건전성5/6배당0/6위험 분석수익이 USD$1m 미만입니다(A$0)지난 5년간 매년 수익이 44.1% 감소했습니다.의미 있는 시가총액이 없습니다(A$6M)지난 1년 동안 주주가 희석되었습니다.+ 위험 1건 추가모든 위험 점검 보기C29 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueAU$Current PriceAU$0.029해당 없음내재 할인율Est. Revenue$PastFuture-5m76k2016201920222025202620282031Revenue AU$1.0Earnings AU$0.1AdvancedSet Fair ValueView all narrativesC29 Metals Limited 경쟁사Tarrina ResourcesSymbol: ASX:TR8Market cap: AU$7.2mKunikoSymbol: ASX:KNIMarket cap: AU$7.2mCore Energy MineralsSymbol: ASX:CR3Market cap: AU$6.4mEuropean ResourcesSymbol: ASX:EREMarket cap: AU$5.2m가격 이력 및 성과C29 Metals 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가AU$0.02952주 최고가AU$0.04252주 최저가AU$0.012베타1.331개월 변동11.54%3개월 변동-14.71%1년 변동-23.68%3년 변동-66.28%5년 변동n/aIPO 이후 변동-85.50%최근 뉴스 및 업데이트Recent Insider Transactions • May 16Executive Chairman recently bought AU$77k worth of stockOn the 13th of May, James Myers bought around 2m shares on-market at roughly AU$0.034 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. James has been a buyer over the last 12 months, purchasing a net total of AU$152k worth in shares.New Risk • May 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% 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 Earnings have declined by 44% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$7.19m market cap, or US$5.19m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (25% increase in shares outstanding).공시 • May 02C29 Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.7 million.C29 Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.7 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 43,547,059 Price\Range: AUD 0.024 Discount Per Security: AUD 0.00144 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 152,286,274 Price\Range: AUD 0.024 Discount Per Security: AUD 0.00144 Transaction Features: Subsequent Direct Listing공시 • Sep 30C29 Metals Limited, Annual General Meeting, Nov 25, 2025C29 Metals Limited, Annual General Meeting, Nov 25, 2025.New Risk • Sep 27New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.4m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 48% per year over the past 5 years. Revenue is less than US$1m (AU$44k revenue, or US$29k). Market cap is less than US$10m (AU$4.18m market cap, or US$2.74m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding).Recent Insider Transactions • Jul 22Executive Director recently bought AU$55k worth of stockOn the 18th of July, James Myers bought around 3m shares on-market at roughly AU$0.018 per share. This transaction amounted to 68% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.더 많은 업데이트 보기Recent updatesRecent Insider Transactions • May 16Executive Chairman recently bought AU$77k worth of stockOn the 13th of May, James Myers bought around 2m shares on-market at roughly AU$0.034 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. James has been a buyer over the last 12 months, purchasing a net total of AU$152k worth in shares.New Risk • May 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% 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 Earnings have declined by 44% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$7.19m market cap, or US$5.19m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (25% increase in shares outstanding).공시 • May 02C29 Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.7 million.C29 Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.7 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 43,547,059 Price\Range: AUD 0.024 Discount Per Security: AUD 0.00144 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 152,286,274 Price\Range: AUD 0.024 Discount Per Security: AUD 0.00144 Transaction Features: Subsequent Direct Listing공시 • Sep 30C29 Metals Limited, Annual General Meeting, Nov 25, 2025C29 Metals Limited, Annual General Meeting, Nov 25, 2025.New Risk • Sep 27New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.4m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 48% per year over the past 5 years. Revenue is less than US$1m (AU$44k revenue, or US$29k). Market cap is less than US$10m (AU$4.18m market cap, or US$2.74m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding).Recent Insider Transactions • Jul 22Executive Director recently bought AU$55k worth of stockOn the 18th of July, James Myers bought around 3m shares on-market at roughly AU$0.018 per share. This transaction amounted to 68% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.공시 • Mar 20C29 Metals Limited Appoints Robert Stuart as Chief GeoscientistC29 Metals Limited announced the full-time appointment of Dr. Robert Stuart (Rob) as the Exploration Manager & Chief Geoscientist for the Company. Rob holds a PhD in Geophysics and Geology from the University of Western Australia, as well as a First-Class Honours degree in Geophysics and Geology from the University of Sydney. Rob (AusIMM Membership No. 338054) is an accomplished geoscientist and exploration executive with over 30 years' experience in mineral exploration, geophysics, ore deposit models and resource development. He has led multi-disciplinary teams globally, managing large and small-scale projects in Kazakhstan, Kyrgyzstan, Russia, Australia, Canada, Africa and Eastern Europe. Whilst working with BHP, Rob managed exploration programs across Kazakhstan, Russia, Australia, and Zambia overseeing geoscience, finance, and logistics for several high-profile projects. These projects included nickel, iron-oxide-copper-gold, and metallurgical coal ventures. He was based in Moscow for several years as Program Manager for the BHP-Norilsk Nickel Alliance, leading multi- commodity exploration across the region. He also acted as Program Manager for the Mumbwa Joint Venture, an iron-oxide-copper-gold project in Zambia, where he led a 150-person team with an annual budget of $50 Million. As Exploration Manager for Manas Resources, Rob was based in Bishkek, Kyrgyzstan, where he led a team of up to 100 staff, overseeing permitting and pre-production for the Shambesai Gold Project - a resource discovered by Manas Resources. Rob is a Director of Fathom Geophysics, where he has provided strategic exploration, targeting, and technical expertise to companies like Freeport-McMoRan, Barrick Gold, Woodside, BHP, Anglo and several others.New Risk • Mar 15New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -AU$3.4m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 44% per year over the past 5 years. Shareholders have been substantially diluted in the past year (223% increase in shares outstanding). Revenue is less than US$1m (AU$12k revenue, or US$7.3k). Market cap is less than US$10m (AU$7.49m market cap, or US$4.74m). Minor Risk Less than 1 year of cash runway based on current free cash flow (-AU$3.4m).New Risk • Dec 23New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$8.54m (US$5.33m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Revenue has declined by 100% over the past year. Shareholders have been substantially diluted in the past year (223% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$8.54m market cap, or US$5.33m).Board Change • Dec 23No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. MD & Executive Director Shannon Green was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Nov 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% 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 has declined by 100% over the past year. Shareholders have been substantially diluted in the past year (223% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$20.9m market cap, or US$13.6m).공시 • Oct 29C29 Metals Limited, Annual General Meeting, Nov 27, 2024C29 Metals Limited, Annual General Meeting, Nov 27, 2024. Location: at suite 4, 4 douro place, west perth wa 6000., Australia공시 • Oct 28C29 Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 2.45 million.C29 Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 2.45 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 34,507,042 Price\Range: AUD 0.071 Discount Per Security: AUD 0.00426 Transaction Features: Subsequent Direct Listing공시 • Oct 19C29 Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.45 million.C29 Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.45 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,952,179 Price\Range: AUD 0.071 Discount Per Security: AUD 0.00426 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 13,554,863 Price\Range: AUD 0.071 Discount Per Security: AUD 0.00426 Transaction Features: Subsequent Direct ListingNew Risk • Sep 28New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.3m free cash flow). Revenue has declined by 34% over the past year. Shareholders have been substantially diluted in the past year (159% increase in shares outstanding). Revenue is less than US$1m (AU$13k revenue, or US$9.1k). Market cap is less than US$10m (AU$9.78m market cap, or US$6.75m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).New Risk • Jun 09New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 197% This is considered a major 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 Revenue has declined by 100% over the past year. Shareholders have been substantially diluted in the past year (197% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$9.92m market cap, or US$6.53m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).New Risk • Jun 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% 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 has declined by 100% over the past year. Revenue is less than US$1m. Market cap is less than US$10m (AU$4.78m market cap, or US$3.18m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (43% increase in shares outstanding).공시 • Jun 06+ 1 more updateC29 Metals Limited Announces the Appointment of Ailsa Osborne as Chief Financial OfficerC29 Metals Limited announced the appointment of Ms Ailsa Osborne as Chief Financial Officer (CFO) effective immediately, Ms Osborne was appointed as the Company Secretary on 4 June 2024. Ms Osborne replaces the outsourcing of the Financial and Company Secretarial services provided by Mirador Corporate. In additional Ms Osborne will be taking on the tenement management services currently being outsourced. This appointment brings substantial efficiencies and cost savings to the Company, with all financial, corporate administration and tenement management services being managed in-house by a single dedicated person. Ms Osborne has been engaged on a three (3) day per week contract. Ms Osborne has more than 20 years' experience as a financial professional, including more than 15 years in the resource industry in Australia and internationally. Ms Osborne has held CFO and Company Secretary roles with a number of ASX listed companies. Ms Osborne has also held senior finance roles in a number of listed companies operating in Australia and internationally, including South America, Indonesia and Africa. Ms Osborne's qualifications include, CPA, BComm Accounting and Business Law, and a Graduate Diploma of Applied Corporate Governance and Risk Management.공시 • Mar 21C29 Metals Limited has filed a Follow-on Equity Offering.C29 Metals Limited has filed a Follow-on Equity Offering. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 42,857,143 Price\Range: AUD 0.07 Discount Per Security: AUD 0.0042 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 29,457,143 Transaction Features: Subsequent Direct ListingNew Risk • Sep 28New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.9m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Revenue has declined by 40% over the past year. Revenue is less than US$1m (AU$31k revenue, or US$20k). Market cap is less than US$10m (AU$4.16m market cap, or US$2.65m). Minor Risk Shareholders have been diluted in the past year (32% increase in shares outstanding).공시 • Jul 29C29 Metals Limited, Annual General Meeting, Nov 17, 2023C29 Metals Limited, Annual General Meeting, Nov 17, 2023.공시 • Feb 16C29 Metals Limited Provides an Update on Mayfield Copper-Gold Exploration ProjectC29 Metals Limited provided an update on Mayfield copper-gold exploration project located the Mt Isa inlier in Queensland. During Q4, 2022 the Company completed an extensive ground gravity survey comprising of 555 stations covering 68% of EPM 19843 on 200m x 200m and 200m x 100m grid spacings. The completion of high quality, high-resolution gravity survey and the subsequent processing and interpretation by the Company's highly experienced geophysical consultant has resulted in the delineation of nine gravity targets. These gravity targets, when combined with other data sets such as geochemistry, magnetics and geology, have then been ranked in order of prospectivity. The Cloncurry district is world renowned for Iron-Oxide Copper-Gold mineralization, however, the mineralization present is highly diverse, with a number of deposit styles present, including: IOCG, Iron Sulfide Copper-Gold (ISCG), Broken Hill Type (BHT), Sedex, Skarn and intrusion related Cu-Mo. One of the most common features of all these deposit types is the presence of positive gravity anomalies due to the metal content and therefore density of the mineralized rocks. Therefore, the presence of these gravity anomalies at the Mayfield Project is very encouraging. The next step is to utilize this data to design suitable induced polarization (IP) programs over the higher ranked targets. IP is very useful in identifying chargeable sulphide zone and resistive siliceous zones, both of which are key mineralisation indicators. IP is the last step before designing well targeted drilling programs.공시 • Feb 08C29 Metals Limited Announces Pocitos 7 Ddh1 Intercepts +30M Brine Aquifer, Salta, ArgentinaC29 Metals Limited announced that drilling at Pocitos 7, Pocitos salar in the province of Salta, Argentina has concluded at 420m with a packer test intercepting a deep aquifer from 370-400m. A flow test was conducted through a 49mm pipe with a submersible pump and achieved a pumping rate in excess of 2,000L an hour. Brine samples were obtained over a three hour pumping period. Separate sample lots were sent to SGS and Alex Stewart laboratories in Salta for assay with blanks and standards, and a sample was sent to the University of Melbourne for testing using the EkosolveTM direct lithium extraction process that the Company has licenced. Laboratory assay results are expected in 7 to 14 days. A second hole is being planned and may be supplemented with an audio telluric (CSAMT) geophysics survey that will penetrate down to 500m to ensure that DD H2 at Pocitos 7 is optimally located. Mr. Phillip Thomas, technical consultant to the Company for Pocitos 7, reported that the core transitioned from fine clays to a combination of halite and sands at the 350m mark and became coarser and more porous as the hole approached 400m with interbedding evident.공시 • Jan 20C29 Metals Limited Advise That Drilling At Pocitos 7 in the Province of Salta, Argentina Has CommencedC29 Metals Limited advise that drilling at Pocitos 7 in the province of Salta, Argentina has commenced. The Company intends to drill a minimum of 2 holes at Pocitos 7 during this program to test this target and establish the presence of brines and the aquifer profile. It is expected that these holes can provide data which will form the basis of an initial mineral resource estimate at Pocitos 7. Previous geophysical work at Pocitos 7 has identified the potential for a large aquifer hosting target lithium-charged brines. Pocitos 7 is an exploration license located in the Salta province, Argentina, in the heart of the lithium triangle. The lithium triangle is estimated to contain 75% of the world's lithium supply and is the world's premier lithium exploration address. Significant logistical infrastructure is already in place at the project location including power, gas transmission and all-weather roads allowing transport of refined Lithium Carbonate through a major port.공시 • Dec 22C29 Metals Limited Announces Pocitos 7 Drilling PreparationsC29 Metals Limited advise that preparations for drilling at Pocitos 7 are advancing well, with earthworks and construction of the drill pads now underway. The contracted drill rig is completing work nearby, and all associated infrastructure including camp, drill supplies and other logistics is in place. With a relatively short break for Christmas/New Year and overhaul of the rig, it is anticipated that drilling will commence during January, 2023. Previous geophysical work at Pocitos 7 has identified a large aquifer hosting target lithium-charged brines. The Company intends to drill 2 holes at Pocitos 7 during this programme to test this target and establish the presence of brines and the aquifer profile. It is expected that these holes can provide data which will form the basis of an initial mineral resource estimate at Pocitos 7. Pocitos 7 is an exploration license located in the Salta province, Argentina, in the heart of the lithium triangle. The lithium triangle is estimated to contain 75% of the world's lithium supply and is the world's premier lithium exploration address. Significant logistical infrastructure is already in place at the project location (Figure 1) including power, gas transmission and all-weather roads allowing transport of refined Lithium Carbonate through a major port.공시 • Dec 09C29 Metals Announces Management and Board AppointmentsC29 Metals Limited advised that it has retained Mr. Phillip Thomas as its technical adviser for its Pocitos 7 and Pocitos 9 brine projects located in the prolific lithium triangle of Argentina. Mr. Thomas is a highly specialised lithium brine geologist with significant experience in salar exploration, hydrology, resource estimation and production chemical engineering. In particular, Mr. Thomas has a deep experience of Argentina salar brine geology and hydrology having spent more than 20 years' working in Argentina on the Pocitos, Guayatayoc, Salinas Grandes, Pozuelos, Rincon and Incahuasi salars. Mr. Thomas has agreed to act as the Company's competent person in respect of the Argentina projects as well as to compile a JORC compliant resource estimate (as required) and to assist with project logistics, required local regulatory approvals, and general drilling know-how in Argentina salars. Importantly, Mr. Thomas will also oversee the testing of recovered brines for lithium recovery utilizing the EkosolveTM direct lithium extraction technology. Additionally, the Company advises that Mr. Kerry Griffin has been retained as a consultant geologist to assist the Company as it proceeds with drilling in Argentina. Fluent in Spanish, Mr. Griffin is a senior geologist with significant experience in South America having spent a substantial amount of his career managing and developing/operating projects in Peru, Ecuador, Chile, Brazil and Argentina. In Argentina specifically he has undertaken a significant amount of lithium exploration in San Luis, Catamarca and Salta. Finally, Mr. Jeremy King has joined the board of the Company in an executive capacity. Mr. King has a wealth of experience managing ASX growth companies with an emphasis on resources and technology businesses. He has significant experience around capital raisings and international corporate transactions.공시 • Nov 30C29 Metals Limited Announces Board ChangesC29 Metals Limited advised that Mr. Jamie Myers and Mr. Tianjiao Wang have been appointed to the Board of the Company. Mr. Myers has over 15 years in equities dealing and corporate advisory experience. Previously the co-founder and Executive Director of iiZen Equites before a corporate exit to Paterson's Securities, Mr. Myers has held equity advisory roles at iiZen Equities, Paterson's Securities and Ord Minnett Limited and is Founder and Executive Director of Molo Capital. Mr. Myers has extensive small cap experience and will be valuable to the Company as it proceeds to develop its assets. Mr. Wang has extensive experience in equity markets, with particular focus on mergers and acquisitions in the emerging market space, restructuring and capital sourcing from the Asian region. He has a strong network base with ultra high net worth investors in China and Singapore. Mr. Wang has been a founding investor in several early stage resource projects in China which ultimately achieved production status. In addition, he has provided several Australian junior mining companies significant funding as part of cornerstone investment support. The Company also advises that Mr. Mark Major and Mr. Martin Helean have resigned from the Board, effective immediately. Mr. Major and Mr. Helean are pursuing other business activities and as the Company continues to progress the time commitment required isn't able to be fulfilled.공시 • Nov 17C29 Metals Limited Announces Lithium Drilling Imminent At Pocitos Salar ProjectsC29 Metals Limited provided an update on the upcoming salar drilling program, at the Pocitos 7 project located within Argentina's Salta Province; part of the world renowned South American lithium triangle (Figure 1). The Company has received all regulatory notices and has secured a drilling contractor to complete the maiden reconnaissance exploration wells over the Salar. The Company has permitted up to 5 holes of which an initial 3 to 4 diamond holes are anticipated to be drilled during this initial program (Figure 2). The initial holes have been designed to test the hydrogeological conditions of the significant low-resistivity zone at depth which were identified using TEM-VES (Transient Electromagnetic Vertical Electrical Sounding) profiles. These areas are interpreted as being a large aquifer hosting the target lithium-charged brines. It is envisaged that these holes will help establish a JORC compliant mineral resource estimate by middle 2023. Geochemical samples of the brines will be taken from all aquifers to confirm the lithium prospectivity and provide adequate sample for processing via the EkosolveTM DLE technology process.Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Martin Helean was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Oct 13C29 Metals Limited Provides Update on Sampsons Tank Located in New South Wales and the Stadler's Project in Western AustraliaC29 Metals Limited (C29 or the Company) provided shareholders with an update on its Sampsons Tank located in New South Wales and the Stadler's project in Western Australia. Stadlers Project (WA) The Stadlers project is located 60km south of Paraburdoo in the Ashburton Basin and is considered highly prospective for structurally-controlled epithermal copper deposits related to the Capricorn Orogen. As previously announced in ASX announcement on the 10 October 2022, the company is commencing a project-wide aeromagnetic and radiometric survey. The Company believes that this work will greatly enhance understanding of the relationship between structure and mineralization at Stadlers, leading to the identification of new exploration targets. The Company experienced minor slow down with its intended exploration due to unexpected delays in completing notifications to native title holders which are required before commencement of field activities. C29's exploration team are also finalising designs for a tenement-scale soil geochemical sampling program at Stadlers. Previous soil geochemical work has been limited in scope and has focused on individual prospects with outcropping gossanous material, whereas the new survey will employ a broader approach and seek to generate new exploration targets in previously untested areas. Sampsons Tank Project (NSW) Sampson's Tank Project lies within the high-grade base metal hotspot of the highly mineralized Girilambone District of the Lachlan Fold Belt, NSW. The Girilambone District hosts a number of significant deformed and remobilized Besshi-type Volcanic Associated Massive Sulphide (VAMS) deposits such as the Tritton Cu-Au Mine, Collerina CZ Cu-Au discovery and the Tottenham Cu-Au deposit. The project is located approximately 20km from the Collerina and 15km from the Tottenham deposit. In respect Sampson's Tank, as previously announced on 24 August 2022, the interpretation of the airborne Versatile Time Domain Electromagnetic (VTEM) survey completed in April this year, and the results of the extensional and infill soil geochemical sampling has allowed the Company to develop and execute a prioritized RC drilling campaign on the key targets identified. The Company hopes to drill-test several targets using reverse circulation drilling once the land is dry enough and the landowner has completed his cropping. This is envisaged to be complete in the first quarter of 2023. Down-hole electromagnetic surveys will be undertaken in each hole to help refine any larger conductors which may contain sulphide minerals. The Company notes that it's previous exploration plans (prior to the VTEM survey) experienced delays due to weather conditions and the availability of a helicopter to undertake the survey. This delay has caused future drilling to be delayed due to cropping cycles and the soil conditions being extremely wet (due to the higher-than-normal rainfall in NSW this year), thus not suitable for heavy machinery movement at site. The company is working with the landowner and will keep the market up to date as the programs are programed. C29 notes that the minor delays in respect of the proposed activities on the Projects (noted above) were not material to the Company or the Projects, and C29 remains committed to continuing its planned exploration activities on the Projects as previously announced.공시 • Oct 10C29 Metals Limited Announces That Project-Wide Aeromagnetic and Radiometric SurveyC29 Metals Limited announced that a project-wide aeromagnetic and radiometric survey will soon commence at the Stadlers project (E08/3122) in Western Australia. Stadlers is located 60km south of Paraburdoo in the Ashburton Basin and is considered highly prospective for structurally-controlled epithermal copper deposits related to the Capricorn Orogen. With structurally-controlled mineralization such as Stadlers, it is crucial to have high- quality aeromagnetic data to facilitate detailed interpretation of the structural framework. Whilst the existing Stadlers aeromagnetic and radiometric datasets are considered low resolution by modern exploration standards, there is still an observable correlation between copper geochemical anomalies and areas of structural complexity identified in the aeromagnetic data. The new data will allow more refined targeting of future electrical geophysical surveys, which in turn leads to enhanced targeting of exploration drilling. The planned survey will be flown with a fixed-wing aircraft collecting data on a 50m north-south line-spacing, plus east-west tie lines at 500m spacing, for a total of 1410 line kilometres. Sensor height will be 50m above terrain and the sample rate for the magnetic component will be 20Hz which equates to approximately 3m sample intervals. The survey design covers the entirety of the exploration license and should take approximately three days to complete. The survey is scheduled to begin on October 13th, with results to be received by the company within 30 days after completion of the survey. C29's exploration team are also finalising designs for a tenement-scale soil geochemical sampling program at Stadlers. Previous soil geochemical work has been limited in scope and has focused on individual prospects with outcropping gossanous material, whereas the new survey will employ a broader approach and seek to generate new exploration targets in previously untested areas.공시 • Oct 05C29 Metals Limited, Annual General Meeting, Nov 04, 2022C29 Metals Limited, Annual General Meeting, Nov 04, 2022, at 09:00 W. Australia Standard Time. Location: Mirador Corporate, Level 2, 23 Railway Road Subiaco WA 6008 Subiaco Western Australia Australia Agenda: To table and consider the annual report of the company and its controlled entities for the financial year ended 30 June 2022, which includes the financial Report, the directors' report and the auditor's report; to consider the adoption of remuneration report; to consider re-election of directors; to consider the appointment of auditor at first AGM; and to consider amendments to constitution.공시 • Sep 01C29 Metals Limited (ASX : C29) agreed to acquire Mayfield Copper-Gold Project in Proterozoic Mt Isa Inlier of Queensland from Isa Tenements Pty Ltd AUD 0.42 million.C29 Metals Limited (ASX : C29) agreed to acquire Mayfield Copper-Gold Project in Proterozoic Mt Isa Inlier of Queensland from Isa Tenements Pty Ltd for AUD 0.42 million on June 15, 2022. Under the terms of agreement, following consideration will be made to the Vendor, Cash payment of AUD 210,000 within fifteen (15) days of exercise of the Option, issue GBM or nominee the greater of 1.25 million C29 shares or the value of AUD 250,000 in C29 shares, based on a 7 day VWAP. Shares will be issued under the company’s available 7.1 placement capacity. The transaction was negotiated at arm’s length and none of the vendors are related parties. The transaction is subject to, exploration licence being renewed, successful due diligence, and other customary conditions. The project has an inherent 2% net smelter return royalty held by a third party. C29 Metals Limited (ASX : C29) completed the acquisition of Mayfield Copper-Gold Project in Proterozoic Mt Isa Inlier of Queensland from Isa Tenements Pty Ltd on August 31, 2022. Considerations for the Mayfield Copper Project is AUD 0.21 million in cash and the issue of 1.56 million fully paid ordinary shares in the Company. The transfer to C29 the exploration license EPM19483, by the Queensland Governments Department of Resources. The Company has now completed all requirements for settlement.공시 • Aug 24C29 Metals Limited Provides an Update on the Sampsons Tank Copper Exploration Project Located in New South WalesC29 Metals Limited provided shareholders with an update on the Sampsons Tank copper exploration project located in New South Wales. The Company has recently completed an airborne electromagnetic survey over the project and carried out soil geochemical sampling to expand coverage around existing soil anomalies. C29 is exploring for deformed, remobilized, high grade Besshi-type volcanic associated massive sulphides. A coincident VTEM conductor with copper in soil anomalism instills confidence in the exploration model, and the exploration methods being utilised at Sampson Tank to defined VAMS mineralisation. The airborne survey was flown by UTS Geophysics and comprised a Versatile Time Domain Electromagnetic (VTEM Max) survey and an Aeromagnetic survey. Full coverage of the Exploration License was achieved with 521 line-kilometers flown over two days. The electromagnetic response was somewhat affected by conductive clay horizons at or near surface, however three bedrock conductors of note have been identified; one coincident with an elevated soil anomalism and two new exploration targets. The coincident VTEM A conductor is situated immediately adjacent to the existing `Corsair' prospect which is the company's highest priority exploration target at Sampson's Tank. Anomalous copper in soil overlies a magnetic anomaly at Corsair and the addition of an electromagnetic conductor means a very interesting exploration story is emerging here. The Company is now planning to drill this prospect but may investigate further geophysical methods to assist with targeting. The soil geochemical sampling comprised almost 700 samples which were collected from the northern sector of the exploration license, designed to infill and expand the existing soil grid over the `Corsair' and `Mustang' prospects. Modest copper anomalism (up to 32ppm) was noted in a number of samples close to these existing prospects. Forward Plan: The Company is evaluating a number of options to move forward at Sampsons Tank, including the possibility of ground geophysics to further refine drill targeting at Mustang and Corsair. There is potential for success with ground-based electromagnetic or induced polarisation methods. Ultimately the goal is to drill-test both targets with a program of RC drilling during the summer window when the land is not under crop.공시 • Aug 17C29 Metals Limited Provides Update on the South Australian Exploration License ApplicationC29 Metals Limited provided shareholders with an update on the South Australian exploration license application. A further two applications have now been granted, meaning four out of five are now granted. The granted tenements and those still under application reside within the Olympic Dam iron oxide copper gold (uranium) ("IOCG") province of the Stuart Shelf in central South Australia. The IOCG province is a Palaeoproterozoic andMesoproterozoic tectonic and lithostratigraphic domain that extends for some 700km along the eastern margin of the Gawler Craton. Within the newly granted license EL6805 `Yadlamalka' there are a number of coincident gravity and magnetic anomalies that are prospective targets for IOCG style Olympic Dam mineralization. Historical drilling from within the license area identified native copper in altered sediments of the Wilpena Group along with coincident lead and zinc sulphides. The license is considered under- explored by modern standards and will benefit from the application of modern geophysical methods. License EL6804 `Mulgaria' is also newly granted and adjoins the southern part of EL6741, held by C29, which was previously announced on 5th July 2022. As with EL6805, this license also contains several discrete gravity anomalies also prospective for IOCG mineralization. The license area isranked as moderate to high prospectivity using the South Australian government's Olympic Dam IOCG Prospectivity Model. Again, the license is considered under-explored by modern standards and will benefit from the application of modern geophysical methods. The company is now awaiting regulatory approvals for the remaining ELA (Exploration License Application) to complete the grant process for Torrens Project.공시 • Aug 15C29 Metals Limited Announces Board ChangesC29 Metals Limited announced the appointment of Mr. Martin Helean in the role of non-executive director, effectively August 14, 2022. Matin has more than 30 years' experience in senior management roles across mining, exploration, manufacturing, and construction industries, both within Australia and internationally. Experienced in contract negotiations with an emphasis on running lean and productive businesses, Martin is results oriented with the ability to translate business goals and objectives into plans and strategies. Some of the companies that Martin has worked for include Greenland Minerals & Energy Ltd, Convergent Minerals Ltd, Ram Recourses Ltd, Rare Earth Minerals Plc, and Suvo Strategic Minerals Ltd. The Company also advisors that Mr. Edmund Haynes has resigned as non-executive director, effective immediately. The Company would like to thank Edmund for his support and assistance during the initial growth stages of the Company.공시 • Aug 08C29 Metals Limited Announces Exploration Program to Commence At Stadlers Cu-Au ProjectC29 Metals Limited provided shareholders with an update on the Stadlers Project in Western Australia. The project comprises a single granted Exploration Licence (E08/3122) which was acquired by the company before listing. The project is located 60km south of Paraburdoo in the Ashburton Basin. Highlights: C29 Metals to commence exploration activities on Stadlers Project. Review of geological data highlights four high priority targets with two drill ready. Numerous ultra-high historical rock chips of up to 45% copper and gold at 9.5g/t have been reported, along with shallow drilling results including 9m @ 1.9% copper from 47m. Newly sourced 2017 exploration data supports the high-grade copper mineralisation at surface with rock chips returning up to 8.7% copper. Several EM geophysical targets are apparent along structural lineaments coincident with surface geochemistry. The transfer of registration of the Exploration Licence to C29 has now been completed. The Company is now working in conjunction with heritage groups to complete the transfer of the Indigenous Land Use Agreement ("ILUA"), which is an important step prior to undertaking exploration fieldwork. Data compilation and review of past exploration work by the C29 exploration team, has highlighted the potential of the project to host structurally-controlled epithermal copper deposits related to the Capricorn Orogen. During the review, the Company identified up to eight geochemical targets and several geophysical areas of interest. The most advanced exploration target at the Stadlers Project is the Stadlers Gossan, which has recorded rock chip samples of up to 45% copper among other high- grade samples. This area as well as other documented copper-gold occurrences nearby, were drilled by Newcrest Limited in the early 1990's. Notable intersections recorded were at PB49: 9m @ 1.86% Cu from 47m and PB27: 3m @ 0.25% Cu from 62m. Drilling at the `Sandfire' target by Sandfire Resources Limited in 2007 tested an airborne electromagnetic anomaly thought to represent a massive sulphide accumulation, however the Rock geochemical sampling data collected in 2017 whilst the project was privately owned has recently been acquired and reviewed by the Company. This data, which has not previously been reported to the market, supports the historical sampling and observations. Seventeen rock-chip samples were analysed in the field using a portable XRF ("pXRF") unit and one additional rock sample was analysed in a commercial laboratory. The 2017 rock sampling focused on the Stadlers Gossan prospect, with peak copper values up to 8.77% Cu recorded from pXRF sampling. The location of anomalous samples collected during this program corresponds well with previous sampling and the known location of the gossan. A total of five samples returned copper values in excess of 0.5% with the majority of those also reporting moderate zinc anomalism. The portable XRF unit used in the recent sampling does not detect gold, however samples previously analysed have returned anomalous gold values up to 9.5g/t in laboratory testing. The recent rock samples from the Stadlers Gossan area follow a well-established pattern of elevated copper in weathered ex-sulphide rock samples. Limited past drilling underneath this zone has demonstrated continuity of grade in zones of quartz veining, brecciation, and oxidized copper minerals and this target is liable to be drill tested further in the future. From the newly reported rock samples, sample 100 is notable in that it returned 0.37% copper and 1,600ppm zinc despite being distant from pre-existing prospects in an area with no mapped gossan. The sample location corresponds with the intersection of two known fault structures and this area warrants further inspection and geological mapping. drilling was ineffective and no mineralszation or conductor was encountered. Notwithstanding these results, C29 believes this is still a valid target and further drilling is justified when combined with ground geophysics to refine and delineate the targeting parameters. The Company is currently in the process of undertaking the regulatory preparation to commence reconnaissance activities over the tenement. Planning has begun for a field reconnaissance, mapping and geochemical exploration activities in the near future once the regulatory approvals are obtained. This program is expected to be quickly followed by a more systematic geochemical sampling program across the prospective areas of the tenement. The company has also engaged an independent geophysical consultant to review existing geophysical datasets including an airborne EM survey which was flown over the project area by a previous operator in 2006. This survey identified several possible conductors within the area. Work is currently ongoing and once completed will provide recommendations for future geophysical work which can advance exploration targeting.공시 • Jul 05C29 Metals Limited Provides Shareholders with an Update on the Exploration Licence Applications, Located in South AustraliaC29 Metals Limited provided shareholders with an update on the exploration licence applications, located in South Australia. Two of the five applications have now been granted. The granted tenements and those still under applications reside within the Olympic Dam iron oxide copper gold (uranium) ("IOCG") province of the Stuart Shelf in central South Australia. The IOCG province is a Palaeoproterozoic and Mesoproterozoic tectonic and lithostratigraphic domain that extends for some 700km along the eastern margin of the Gawler Craton. Within the granted License EL6741 Torrens North area copper and uranium prospects are known, some of which include historical diggings and rock chips up to 8.7% Cu from the West Mount prospects and significant uranium at the Seaham prospect. This area is considered prospective for several types of economic precious and base metal deposits with types of mineralisation that could include: Sediment-hosted copper deposits, of the Zambian Copperbelt style or associated with brecciated diapiric structures. Mississippi Valley type ("MVT") lead-zinc-copper-silver mineralisation systems. Structurally-hosted gold deposits associated with large fault systems in the Adelaidean sediments. Disseminated sediment-hosted gold deposits. Willemite (zinc silicate) mineralisation similar to the deposits at the Puttapa Mine. Tertiary silcrete carnotite Uranium (Yeerlirrie) style deposits. Within the Mesoproterozoic basement rocks under the majority of the tenements, the main exploration targets are the Olympic Dam style Cu-Au deposits also known as IOCG's. The Company is currently in the process of undertaking the regulatory preparation to further the field reconnaissance activities over the two granted tenements. It is expected that the applications process should be completed by August 2022, however this may be later given the current delays. The company does not believe nor is it aware of any reasoning that the applications won't be awarded once the regulatory assessment process is completed.공시 • Jun 15C29 Metals Limited (ASX : C29) agreed to acquire Mayfield Copper-Gold Project in Proterozoic Mt Isa Inlier of Queensland from Isa Tenements Pty Ltd AUD 0.42 million.C29 Metals Limited (ASX : C29) agreed to acquire Mayfield Copper-Gold Project in Proterozoic Mt Isa Inlier of Queensland from Isa Tenements Pty Ltd for AUD 0.42 million on June 15, 2022. Under the terms of agreement, following consideration will be made to the Vendor, Cash payment of AUD 210,000 within fifteen (15) days of exercise of the Option, issue GBM or nominee the greater of 1.25 million C29 shares or the value of AUD 250,000 in C29 shares, based on a 7 day VWAP. Shares will be issued under the company’s available 7.1 placement capacity. The transaction was negotiated at arm’s length and none of the vendors are related parties. The transaction is subject to, exploration licence being renewed, successful due diligence, and other customary conditions. The project has an inherent 2% net smelter return royalty held by a third party.공시 • May 19C29 Metals Limited Announces Mineralize Skarn Extension Identified At Reedy Creek Prospect, NSWC29 Metals Limited announced that the remaining assay results from the recent seven hole diamond drilling program at the Reedy Creek Mine prospect in Central NSW being drill holes RCDH005 to RCDH007 have been received. Highlights include copper in excess of 1% from skarn-altered limestone in drill hole RCDH007. This is consistent with results from the first four drill holes, which demonstrated a strong link between skarn alteration and base metal anomalism at the Reedy Creek Mine prospect. The Reedy Creek Project comprises of a granted exploration license (EL8541) and covers an area of around 42km2, located 20km west of the township of Cudal in the Eastern Lachlan Fold Belt (ELFB) of Central NSW. The company completed seven holes for 1059.9m of diamond drilling at Reedy Creek between December and early March, with the drilling designed to confirm significant historical high- grade zones of copper, lead, zinc, silver, and gold and to test for extensions of this mineralization. Discussion of Assay Results: Assay results are reported here for the final three drill holes, RCDH005 to RCDH007, with the preceding results having been released to the market on 20 April 2022. Elevated levels of copper and zinc were noted from RCDH007 however unlike previous drill holes, no significant intersections of lead or gold were returned. The main intersections of note were: 3m at 0.48% Cu from 48m downhole in RCDH007, including 1m at 1.14% Cu from 49m depth; 1.0m at 0.95% Zn from 19m downhole in RCDH007. Drill holes RCDH005 to RCDH007 were drilled approximately 220m along strike from the historical Reedy Creek Mine in a section line transecting the prospective stratigraphy. The drilling intersected the target limestone and skarn alteration in one of three drill holes, RCDH007. The tenor of mineralization in RCDH007 is comparable with the previously announced results from RCDH001 to RCDH004, the mineralized thicknesses are notably smaller. drill holes RCDH005 and RCDH006 did not encounter any limestone or skarn alteration, instead remaining within country rock throughout. The copper mineralisation in RCDH007 was localized to the skarn-altered upper section of the Berkley Formation limestone unit, which is in keeping with observations from previous drilling which demonstrated a strong link between skarn alteration and base metal anomalism at the Reedy Creek Mine prospect. Conversely, elevated zinc levels within RCDH007 were seen in an oxidized and highly- strained volcaniclastic breccia unit overlying the skarn-alteration zone. The controls on this mineralization are not fully known but it seems likely to be fault-controlled remobilization of zinc from a deeper source.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Apr 20C29 Metals Limited Advises That Assay Results Have Now Been Received for the Initial Four Drill Holes, RCDH001 to RCDH004 Showing Extensive Zones of Base Metal Anomalism Encountered ThroughoutC29 Metals Li phalerite and is hosted in variably skarn-altered limestone on contact with the Dulladerry Volcanics. Coincident copper, lead, and silver are all noted within this zone with several areas of gold seen. The Reedy Creek Project comprises of a granted exploration license (EL8541) and covers an area of around 42km2, located 20km west of the township of Cudal in the Eastern Lachlan Fold Belt (ELFB) of Central NSW. The Company completed 7 holes for 1059.9m of diamond drilling at Reedy Creek between December and early March, with the drilling designed to confirm significant historical high-grade zones of copper, lead, zinc, silver, and gold and to test for extensions of this mineralisation. Assay results are reported here for the first four drill holes, RCDH001 to RCDH004, with the remaining results yet to be received from the laboratory. Elevated levels of copper, gold, zinc, lead, and silver were noted from multiple drill holes. The main intersections of note were: 31.02m @ 1.12% Zn from 28.98m downhole in RCDH001; 17.0m @ 0.34% Cu from 53m downhole in RCDH004; 4.0m @ 1.32g/t Au from 104m downhole in RCDH004; 6.0m @ 0.65% Pb from 47m downhole in RCDH001. Anomalous levels of lead and zinc were generally found on the contact between Berkley Formation limestone and Dulladerry Volcanics, particularly where skarn alteration was also present. This may epresent zoning of metals within the Reedy Creek skarn system, with higher copper content coser to the historic mine workings (SW) and increasing lead-zinc in a low temperature zone surrounding the old mine. Further work will be required to confirm this hypothesis and potentially. define a lead-zinc resource.공시 • Apr 06C29 Metals Limited Announce the Completion of an Extensive Helicopter-Borne Versatile Time Domain Electromagnetic Geophysical Survey System over the Sampson Tank ProjectC29 Metals Limited announce the completion of an extensive helicopter-borne Versatile Time Domain Electromagnetic (VTEMTM Max) geophysical survey system over the Sampson Tank Project. The Project is centered approximately 130km north-west by road of Parkes & 20km north-west of Tottenham, NSW. A total of 507 line-kilometres was flown on Saturday the 2nd and Sunday the 3rd of April. The survey was undertaken over the complete tenement to help identified potential conductors within the outcropping and covered areas of the tenement. The area hosts some strong magnetic anomalies which are supported by surface geochemical anomalies known as the P-47 and P-54 exploration targets. Sampson's Tank Project lies within the high-grade base metal hotspot of the highly mineralised Girilambone District of the Lachlan Fold Belt, NSW. The Girilambone District hosts a number of significant deformed and remobilized Besshi-type Volcanic Associated Massive Sulphide (VAMS) deposits such as the Tritton Cu-Au Mine (Aeris Resources ASX:AIS), Collerina CZ Cu-Au discovery (Helix Resources, ASX:HLX) and the Tottenham Cu-Au deposit (Locksley Resources, ASX:LKY). The project is located approximately 20km from the Collerina and 15km from the Tottenham deposit. The company completed an extensive infill and extensional soil geochemical survey over the area hosting the P-47 and P-54 targets. Results from this survey are expected soon and will be reported once interpreted. On completion of the VTEM data administering by the contractor, a specialist geophysical consultantwill undertake data processing. Results of the survey will be reviewed and presented to the company within Second Quarter 2022. Modern VAMS exploration has typically been limited to areas of outcrop and subcrop closer to Tottenham, but the company has recognised the prospective stratigraphy extending further north beneath alluvial cover on C29 licence. Previous exploration was directed towards tin, tungsten and platinum with only the very recent exploration looking at moderate to high grade Cu-Au deposits.공시 • Mar 10C29 Metals Limited Announces Completion of Drilling Program at Reedy CreekC29 Metals Limited (C29 or the Company) to update the market that the diamond drilling program is now complete, with positive visual skarnification identified along strike from the Reedy Creek Mine prospect. The Reedy Creek Project comprises of a granted exploration license (EL8541) and covers an area of around 42km, located 20km west of the township of Cudal in the Eastern Lachlan Fold Belt (ELFB) of Central NSW. The company has completed 7 holes for 1,059.9m of diamond drilling at Reedy Creek since early December. The drilling program undertaken was designed to confirm the significant historical high-grade zones of copper, lead, zinc, manganese, silver and gold and to test the extensions of the mineralisation between the two historical mines. Two holes were removed from the program as the mineralised structural corridor between the historic Reedy Creek Mine and Endeavour 1 mine zone is now believed to be slightly more north of the current hole locations and outside the area where the company has secured land access. Samples from all seven holes have been submitted to ALS Laboratories in Orange. The Company has been informed that the sample turn around is currently 10-12 weeks. No assay results have been received yet from the initial holes. Assays will be reported in due course. The Reedy Creek project is considered prospective for hydrotherm al polymetallic (Au-Cu-Pb-Zn-Ag) deposits. The base-metal mineralisation is interpreted as skarn style, while the gold is related to a latter cross-cutting epithermal vein event. The mineralisation is located within a northeast trending structural corridor ranging between 150 & 200m wide and extending approximately 1,000m between the Reedy Creek Mine and Endeavour 1 prospect. Historical drilling results from the Reedy Creek area showed significant gold and base metal anomalism, including best results of: 48.1m @ 0.66% Cu from 30.3m, including 12.4m @ 1.13% Cu from 33.2m (DDH-3). 17m @ 1.04% Cu and 9.2% Mn from 4m including 8m @ 1.31% Cu from 9m, and 7m @ 14.4% Mn from 14m (RCR-4). 11m @ 1.91 g/t Au from 25m to EOH including 6m @ 3.1ppm Au from 25m (RCR-9). 27m @ 1.3% Zn from 18m including 7m @ 4.2% Zn, 1.0% Pb and 37 ppm Ag (RCR-11). 8m @ 0.56% Cu, 3.49% Pb, 0.83% Zn from 23m including 5m @ 0.57% Cu, 5.2% Pb, 0.9% Zn from 26m (RCR-12). 7.1m @ 1.21g/t Au from 71.3m (DDH-3).공시 • Feb 16C29 Metals Limited Announces Diamond Drill Holes completion at the Reedy Creek Mine ProspectC29 Metals Limited announced that all diamond drill holes completed to date have intersected copper, lead and zinc mineralisation at the Reedy Creek Mine prospect. The Reedy Creek Project comprises of a granted exploration license (EL8541) and covers an area of around 42km2, located 20km west of the township of Cudal in the Eastern Lachlan Fold Belt (ELFB) of Central NSW. The company believes the visual observations of sulphide mineralisation and presence of disseminated native copper, highlight the potential for discovering new areas of possible economic Cu-Zn-Pb mineralisation adjacent to the structural corridor between the historic Reedy Creek Mine and Endeavour 1 mine zone. Diamond drilling commenced at Reedy Creek in early December, with four drillholes for 610m completed to date The drilling program being undertaken is planned to confirm the significant historical high-grade zones of copper, lead, zinc, manganese, silver and gold and to test the extensions of the mineralisation between the two historical mines. A fifth drillhole is currently in progress, and the company intends to drill at least three to four more holes during this program. Samples from the first three holes have been submitted to ALS Laboratories in Orange. No assay results have been received yet. RCDH001 was designed to test for continuity of the skarn alteration down-dip from historical intersections such as RCR11, which returned 27m @ 1.3% Zn from 18m downhole. The drillhole intersected a broad zone with almost 15m of skarn alteration from 47.6m to 59.9m containing a wide range of indicator minerals including garnet, magnetite, hematite, and the sulphides chalcopyrite, sphalerite, galena, and pyrite. RCDH002 crosscuts RCDH001 at depth and was designed to test for skarn alteration on the volcanic-limestone contact. No skarn was encountered, however the drillhole intersected trace amounts of sphalerite on the contact at 52m, followed by an approximately 6m wide zone of carbonate veining within limestone at 70m, containing visible occurrences of the copper carbonate minerals azurite and malachite. Both minerals are commonly found in the oxidized zone of copper deposits. Further work is required to understand why the intensity of mineralisation on the contact is lesser in this hole relative to RCDH001. RCDH003 was designed as a stratigraphic drillhole to test the geological model. It reached a depth of 192.6m and remained in the Dulladerry Volcanics throughout, intersecting volcaniclastic brecciadown to 148m and then remaining in andesite until end of hole. Patchy hematite-chlorite alteration was seen repeatedly within the drillcore, indicating the action of iron-rich oxidizing fluids. Very fine disseminated sulphides (<5%) were also noted in a 2m wide zone from 72m downhole, although the exact species could not be determined due to the fineness. RCDH004 tested the target zone at depth below RCDH002, passing from Dulladerry Volcanics into unaltered limestone at 111.9mdepth. Fine disseminated sphalerite and pyrite has been seen through a 16m wide zone from 134m downhole. Multiple occurrences of native copper mineralization were also seen within volcaniclasticsiltstone from 49.5m to 55m downhole. The Reedy Creek project is considered prospective for hydrothermal polymetallic (Au-Cu-Pb-Zn-Ag) deposits. The base-metal mineralisation is interpreted as skarn style, while the gold is related to a latter cross-cutting epithermal vein event. The mineralisation is located within a northeast trending structural corridor ranging between150 & 200m wide and extending approximately 1,000m between the Reedy Creek Mine and Endeavour 1 prospect. Historical drilling results from the Reedy Creek area showed significant gold and base metal anomalism, including best results of: 48.1m @ 0.66% Cu from 30.3m,including 12.4m @ 1.13% Cu from 33.2m (DDH-3); 17m @ 1.04% Cu and 9.2% Mn from 4m including 8m @ 1.31% Cu from 9m, and7m @ 14.4% Mn from 14m (RCR-4) 11m @ 1.91 g/t Au from 25m to EOH including 6m @ 3.1ppm Au from 25m (RCR-9); 27m @ 1.3% Zn from 18m including 7m @ 4.2% Zn, 1.0% Pb and 37 ppm Ag(RCR-11); 8m @ 0.56% Cu, 3.49% Pb, 0.83% Zn from 23m including 5m @ 0.57% Cu, 5.2% Pb, 0.9% Zn from 26m (RCR-12) 7.1m @ 1.21g/t Au from 71.3m (DDH-3).공시 • Feb 15C29 Metals Limited Provides Update on Torrens Projects Exploration License ApplicationsC29 Metals Limited provided shareholders with an update on the exploration licence applications, located in South Australia. The tenement applications reside within the Olympic Dam iron oxide copper gold (uranium) province of the Stuart Shelf in central South Australia. The IOCG province is a Palaeoproterozoic and Mesoproterozoic tectonic and lithostratigraphic domain that extends for some 700km along the eastern margin of the Gawler Craton. The company has m ade several changes to the applications after consultation with the South Australian Department for Energy and Mining. Initial tenement application ELA2020/00205 required separation into four standalone tenement applications as the distance between each of the blocks was not conducive to a single application. These changes in the applications were recently registered as individual exploration licence applications. Application ELA2020/00219 remains unchanged. In doing these changes the company resulting tenement areas under application is now 1,960km. Due to the unanticipated changes in application process and delays with moving to grant; the company now believes the proposed expenditure set out for these assets, as disclosed in the prospectus will be delayed for a period of 6 to 8 months. The status of each application and indicative dates for completion. These dates are liquid and may change depending on the requirements of the various department s requirements.공시 • Dec 15C29 Metals Limited Commences Geochemistry Survey At Sampson Tank ProjectC29 Metals Limited announced commencement of a geochemistry survey over the P-47 and P-54 exploration targets at the Sampson Tank Project. The Project is centered approximately 130km north-west by road of Parkes & 20km north- west of Tottenham, NSW. Sampson's Tank Project lies within the high-grade base metal hotspot of the highly mineralised Girilambone District of the Lachlan Fold Belt, NSW. The Girilambone District hosts a number of significant deformed and remobilized Besshi-type Volcanic Associated Massive Sulphide (VAMS) deposits such as the Tritton Cu-Au Mine, Collerina CZ Cu-Au discovery and the Tottenham Cu-Au deposit. The project is located approximately 20km from the Collerina and 15km from the Tottenham deposit. Modern VAMS exploration has typically been limited to areas of outcrop and subcrop closer to Tottenham, but the company has recognised the prospective stratigraphy extending further north beneath alluvial cover on C29 licence. The exploration tenure captures multiple deformed and interbedded sequence of metamorphosed siltstones, sandstone and shales of the Ordovician Giriliambone Group beneath a shallow veneer of Cainozoic and Quaternary alluvium. Historic drilling has intersected mafic schist, thought to be a deformed basalt associated with the Tottenham subgroup.공시 • Nov 24+ 1 more updateC29 Metals Limited Provides Update on the Two Exploration Licence ApplicationsC29 Metals Limited provided shareholders with an update on the two exploration licence applications, ELA 2020/00219 Torrens North and ELA2020/00205 Mount Samuel group, all located in the highly prospective Olympic Dam IOCG Domain of the Gawler Craton region, South Australia. The Company currently has 1,768 km2 of tenure under application. Within the licence application areas copper and uranium prospects are known, some of which include historical diggings. Application ELA 2020/00219 has had the most exploration activity historically with six prospects identified. The tenement applications reside within the Olympic Dam iron oxide copper gold (uranium) (IOCG) province of the Stuart Shelf in central South Australia. The IOCG province is a Palaeoproterozoic and Mesoproterozoic tectonic and lithostratigraphic domain that extends for some 700km along the eastern margin of the Gawler Craton. The Torrens North tenement ELA 2020/00219 is situated approximately 50km north-east of BHP's Olympic Dam Mine and approximately 30km northeast of the township of Andamooka in South Australia. Torrens North Sub-Project (ELA 2020/00205 part of the Mount Samuel tenement group) is located on the north-eastern side of Lake Torrens, just south of the Torrens North tenement. The Mount Samuel Tenement ELA 2020/00205 separated into four subblocks, mainly located East and South of Lake Torrens. The Torrens North project (ELA 2020/00219) is considered prospective for several types of economic precious and base metal deposits. Within the dominant Adelaidean and Cambrian sediments of this area, possible types of mineralisation could include: Sediment-hosted copper deposits, of the Zambian Copperbelt style or associated with brecciated diapiric structures. Mississippi Valley type (MVT) lead-zinc-copper-silver mineralisation systems. Structurally-hosted gold deposits associated with large fault systems in the Adelaidean sediments. Disseminated sediment-hosted gold deposits. Willemite (zinc silicate) mineralisation similar to the deposits at the Puttapa Mine. Tertiary silcrete carnotite Uranium (Yeerlirrie) style deposits. Within the Mesoproterozoic basement rocks under the majority of the tenements, the main exploration target is are the Olympic Dam style Cu-Au deposits also known as IOCG's. The Torrens North project area is known to host several prospective copper projects. The majority of these are pure copper plays or copper associated with precious metals, including one uranium occurrence. West Mount Prospect: West Mount has an area of historical copper workings, where small shafts and pits occur on the eastern flank of West Mount over a strike length of approximately 500m. The mine dumps contain malachite (copper mineral) bearing quartz veins, including breccia. Historical drilling has been limited to the Torrens North area, with several holes recording anomalous copper intersections at the West Mount prospect. Notable intersections include: 28m @ 0.34% Cu from 44m (WMRC016); 14m @ 0.37% Cu from 14m (WMRC010); 2m @ 1.45% Cu from 10m and 6m @ 0.32% Cu from 58m (WMRC007); 6m @ 0.36% Cu from 14m (WMRC012). Seaham Prospect: Considerable areas of Tertiary silcrete outcrop within the Seaham prospect. This area was identified to have favourable conditions for the deposition of secondary uranium mineralisation, and recorded uranium mineralisation in the form of carnotite. An initial scintillometer traversing exploration revealed the presence of the radioactive silcrete horizon in 1979. The tenure was dropped before drilling could be undertaken in 1980. No drilling has been undertaken. Assays taken on the initial rock samples ranged from 65ppm upto 210ppm Uranium. No details of the rock locations are known besides a hand drawn mud map presented in the SARIG report ENV03556.주주 수익률C29AU Metals and MiningAU 시장7D-6.5%-8.3%-1.7%1Y-23.7%49.3%1.0%전체 주주 수익률 보기수익률 대 산업: C29은 지난 1년 동안 49.3%의 수익을 기록한 Australian Metals and Mining 산업보다 저조한 성과를 냈습니다.수익률 대 시장: C29은 지난 1년 동안 1%를 기록한 Australian 시장보다 저조한 성과를 냈습니다.주가 변동성Is C29's price volatile compared to industry and market?C29 volatilityC29 Average Weekly Movement15.5%Metals and Mining Industry Average Movement12.2%Market Average Movement10.5%10% most volatile stocks in AU Market17.4%10% least volatile stocks in AU Market4.4%안정적인 주가: C29의 주가는 지난 3개월 동안 Australian 시장보다 변동성이 컸습니다.시간에 따른 변동성: C29의 주간 변동성(16%)은 지난 1년 동안 안정적이었지만 Australian 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트2020n/aShannon Greenwww.c29metals.com.auC29 Metals Limited는 호주에서 광물 탐사 사업을 하고 있습니다. 구리와 금 매장지를 탐사합니다. C29 Metals Limited는 2020년에 설립되었으며 호주 웨스트 퍼스에 본사를 두고 있습니다.더 보기C29 Metals Limited 기초 지표 요약C29 Metals의 순이익과 매출은 시가총액과 어떻게 비교됩니까?C29 기초 통계시가총액AU$6.31m순이익 (TTM)-AU$5.39m매출 (TTM)n/a0.0x주가매출비율(P/S)-1.2x주가수익비율(P/E)C29는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표C29 손익계산서 (TTM)매출AU$0매출원가AU$0총이익AU$0기타 비용AU$5.39m순이익-AU$5.39m최근 보고된 실적Dec 31, 2025다음 실적 발표일해당 없음주당순이익(EPS)-0.025총이익률0.00%순이익률0.00%부채/자본 비율1.6%C29의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 07:19종가2026/05/20 00:00수익2025/12/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스C29 Metals Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Recent Insider Transactions • May 16Executive Chairman recently bought AU$77k worth of stockOn the 13th of May, James Myers bought around 2m shares on-market at roughly AU$0.034 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. James has been a buyer over the last 12 months, purchasing a net total of AU$152k worth in shares.
New Risk • May 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% 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 Earnings have declined by 44% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$7.19m market cap, or US$5.19m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (25% increase in shares outstanding).
공시 • May 02C29 Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.7 million.C29 Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.7 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 43,547,059 Price\Range: AUD 0.024 Discount Per Security: AUD 0.00144 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 152,286,274 Price\Range: AUD 0.024 Discount Per Security: AUD 0.00144 Transaction Features: Subsequent Direct Listing
공시 • Sep 30C29 Metals Limited, Annual General Meeting, Nov 25, 2025C29 Metals Limited, Annual General Meeting, Nov 25, 2025.
New Risk • Sep 27New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.4m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 48% per year over the past 5 years. Revenue is less than US$1m (AU$44k revenue, or US$29k). Market cap is less than US$10m (AU$4.18m market cap, or US$2.74m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding).
Recent Insider Transactions • Jul 22Executive Director recently bought AU$55k worth of stockOn the 18th of July, James Myers bought around 3m shares on-market at roughly AU$0.018 per share. This transaction amounted to 68% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Recent Insider Transactions • May 16Executive Chairman recently bought AU$77k worth of stockOn the 13th of May, James Myers bought around 2m shares on-market at roughly AU$0.034 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. James has been a buyer over the last 12 months, purchasing a net total of AU$152k worth in shares.
New Risk • May 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% 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 Earnings have declined by 44% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$7.19m market cap, or US$5.19m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (25% increase in shares outstanding).
공시 • May 02C29 Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.7 million.C29 Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.7 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 43,547,059 Price\Range: AUD 0.024 Discount Per Security: AUD 0.00144 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 152,286,274 Price\Range: AUD 0.024 Discount Per Security: AUD 0.00144 Transaction Features: Subsequent Direct Listing
공시 • Sep 30C29 Metals Limited, Annual General Meeting, Nov 25, 2025C29 Metals Limited, Annual General Meeting, Nov 25, 2025.
New Risk • Sep 27New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.4m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 48% per year over the past 5 years. Revenue is less than US$1m (AU$44k revenue, or US$29k). Market cap is less than US$10m (AU$4.18m market cap, or US$2.74m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding).
Recent Insider Transactions • Jul 22Executive Director recently bought AU$55k worth of stockOn the 18th of July, James Myers bought around 3m shares on-market at roughly AU$0.018 per share. This transaction amounted to 68% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
공시 • Mar 20C29 Metals Limited Appoints Robert Stuart as Chief GeoscientistC29 Metals Limited announced the full-time appointment of Dr. Robert Stuart (Rob) as the Exploration Manager & Chief Geoscientist for the Company. Rob holds a PhD in Geophysics and Geology from the University of Western Australia, as well as a First-Class Honours degree in Geophysics and Geology from the University of Sydney. Rob (AusIMM Membership No. 338054) is an accomplished geoscientist and exploration executive with over 30 years' experience in mineral exploration, geophysics, ore deposit models and resource development. He has led multi-disciplinary teams globally, managing large and small-scale projects in Kazakhstan, Kyrgyzstan, Russia, Australia, Canada, Africa and Eastern Europe. Whilst working with BHP, Rob managed exploration programs across Kazakhstan, Russia, Australia, and Zambia overseeing geoscience, finance, and logistics for several high-profile projects. These projects included nickel, iron-oxide-copper-gold, and metallurgical coal ventures. He was based in Moscow for several years as Program Manager for the BHP-Norilsk Nickel Alliance, leading multi- commodity exploration across the region. He also acted as Program Manager for the Mumbwa Joint Venture, an iron-oxide-copper-gold project in Zambia, where he led a 150-person team with an annual budget of $50 Million. As Exploration Manager for Manas Resources, Rob was based in Bishkek, Kyrgyzstan, where he led a team of up to 100 staff, overseeing permitting and pre-production for the Shambesai Gold Project - a resource discovered by Manas Resources. Rob is a Director of Fathom Geophysics, where he has provided strategic exploration, targeting, and technical expertise to companies like Freeport-McMoRan, Barrick Gold, Woodside, BHP, Anglo and several others.
New Risk • Mar 15New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -AU$3.4m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 44% per year over the past 5 years. Shareholders have been substantially diluted in the past year (223% increase in shares outstanding). Revenue is less than US$1m (AU$12k revenue, or US$7.3k). Market cap is less than US$10m (AU$7.49m market cap, or US$4.74m). Minor Risk Less than 1 year of cash runway based on current free cash flow (-AU$3.4m).
New Risk • Dec 23New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$8.54m (US$5.33m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Revenue has declined by 100% over the past year. Shareholders have been substantially diluted in the past year (223% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$8.54m market cap, or US$5.33m).
Board Change • Dec 23No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. MD & Executive Director Shannon Green was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Nov 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% 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 has declined by 100% over the past year. Shareholders have been substantially diluted in the past year (223% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$20.9m market cap, or US$13.6m).
공시 • Oct 29C29 Metals Limited, Annual General Meeting, Nov 27, 2024C29 Metals Limited, Annual General Meeting, Nov 27, 2024. Location: at suite 4, 4 douro place, west perth wa 6000., Australia
공시 • Oct 28C29 Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 2.45 million.C29 Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 2.45 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 34,507,042 Price\Range: AUD 0.071 Discount Per Security: AUD 0.00426 Transaction Features: Subsequent Direct Listing
공시 • Oct 19C29 Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.45 million.C29 Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.45 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,952,179 Price\Range: AUD 0.071 Discount Per Security: AUD 0.00426 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 13,554,863 Price\Range: AUD 0.071 Discount Per Security: AUD 0.00426 Transaction Features: Subsequent Direct Listing
New Risk • Sep 28New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.3m free cash flow). Revenue has declined by 34% over the past year. Shareholders have been substantially diluted in the past year (159% increase in shares outstanding). Revenue is less than US$1m (AU$13k revenue, or US$9.1k). Market cap is less than US$10m (AU$9.78m market cap, or US$6.75m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).
New Risk • Jun 09New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 197% This is considered a major 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 Revenue has declined by 100% over the past year. Shareholders have been substantially diluted in the past year (197% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$9.92m market cap, or US$6.53m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).
New Risk • Jun 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% 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 has declined by 100% over the past year. Revenue is less than US$1m. Market cap is less than US$10m (AU$4.78m market cap, or US$3.18m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (43% increase in shares outstanding).
공시 • Jun 06+ 1 more updateC29 Metals Limited Announces the Appointment of Ailsa Osborne as Chief Financial OfficerC29 Metals Limited announced the appointment of Ms Ailsa Osborne as Chief Financial Officer (CFO) effective immediately, Ms Osborne was appointed as the Company Secretary on 4 June 2024. Ms Osborne replaces the outsourcing of the Financial and Company Secretarial services provided by Mirador Corporate. In additional Ms Osborne will be taking on the tenement management services currently being outsourced. This appointment brings substantial efficiencies and cost savings to the Company, with all financial, corporate administration and tenement management services being managed in-house by a single dedicated person. Ms Osborne has been engaged on a three (3) day per week contract. Ms Osborne has more than 20 years' experience as a financial professional, including more than 15 years in the resource industry in Australia and internationally. Ms Osborne has held CFO and Company Secretary roles with a number of ASX listed companies. Ms Osborne has also held senior finance roles in a number of listed companies operating in Australia and internationally, including South America, Indonesia and Africa. Ms Osborne's qualifications include, CPA, BComm Accounting and Business Law, and a Graduate Diploma of Applied Corporate Governance and Risk Management.
공시 • Mar 21C29 Metals Limited has filed a Follow-on Equity Offering.C29 Metals Limited has filed a Follow-on Equity Offering. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 42,857,143 Price\Range: AUD 0.07 Discount Per Security: AUD 0.0042 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 29,457,143 Transaction Features: Subsequent Direct Listing
New Risk • Sep 28New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.9m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Revenue has declined by 40% over the past year. Revenue is less than US$1m (AU$31k revenue, or US$20k). Market cap is less than US$10m (AU$4.16m market cap, or US$2.65m). Minor Risk Shareholders have been diluted in the past year (32% increase in shares outstanding).
공시 • Jul 29C29 Metals Limited, Annual General Meeting, Nov 17, 2023C29 Metals Limited, Annual General Meeting, Nov 17, 2023.
공시 • Feb 16C29 Metals Limited Provides an Update on Mayfield Copper-Gold Exploration ProjectC29 Metals Limited provided an update on Mayfield copper-gold exploration project located the Mt Isa inlier in Queensland. During Q4, 2022 the Company completed an extensive ground gravity survey comprising of 555 stations covering 68% of EPM 19843 on 200m x 200m and 200m x 100m grid spacings. The completion of high quality, high-resolution gravity survey and the subsequent processing and interpretation by the Company's highly experienced geophysical consultant has resulted in the delineation of nine gravity targets. These gravity targets, when combined with other data sets such as geochemistry, magnetics and geology, have then been ranked in order of prospectivity. The Cloncurry district is world renowned for Iron-Oxide Copper-Gold mineralization, however, the mineralization present is highly diverse, with a number of deposit styles present, including: IOCG, Iron Sulfide Copper-Gold (ISCG), Broken Hill Type (BHT), Sedex, Skarn and intrusion related Cu-Mo. One of the most common features of all these deposit types is the presence of positive gravity anomalies due to the metal content and therefore density of the mineralized rocks. Therefore, the presence of these gravity anomalies at the Mayfield Project is very encouraging. The next step is to utilize this data to design suitable induced polarization (IP) programs over the higher ranked targets. IP is very useful in identifying chargeable sulphide zone and resistive siliceous zones, both of which are key mineralisation indicators. IP is the last step before designing well targeted drilling programs.
공시 • Feb 08C29 Metals Limited Announces Pocitos 7 Ddh1 Intercepts +30M Brine Aquifer, Salta, ArgentinaC29 Metals Limited announced that drilling at Pocitos 7, Pocitos salar in the province of Salta, Argentina has concluded at 420m with a packer test intercepting a deep aquifer from 370-400m. A flow test was conducted through a 49mm pipe with a submersible pump and achieved a pumping rate in excess of 2,000L an hour. Brine samples were obtained over a three hour pumping period. Separate sample lots were sent to SGS and Alex Stewart laboratories in Salta for assay with blanks and standards, and a sample was sent to the University of Melbourne for testing using the EkosolveTM direct lithium extraction process that the Company has licenced. Laboratory assay results are expected in 7 to 14 days. A second hole is being planned and may be supplemented with an audio telluric (CSAMT) geophysics survey that will penetrate down to 500m to ensure that DD H2 at Pocitos 7 is optimally located. Mr. Phillip Thomas, technical consultant to the Company for Pocitos 7, reported that the core transitioned from fine clays to a combination of halite and sands at the 350m mark and became coarser and more porous as the hole approached 400m with interbedding evident.
공시 • Jan 20C29 Metals Limited Advise That Drilling At Pocitos 7 in the Province of Salta, Argentina Has CommencedC29 Metals Limited advise that drilling at Pocitos 7 in the province of Salta, Argentina has commenced. The Company intends to drill a minimum of 2 holes at Pocitos 7 during this program to test this target and establish the presence of brines and the aquifer profile. It is expected that these holes can provide data which will form the basis of an initial mineral resource estimate at Pocitos 7. Previous geophysical work at Pocitos 7 has identified the potential for a large aquifer hosting target lithium-charged brines. Pocitos 7 is an exploration license located in the Salta province, Argentina, in the heart of the lithium triangle. The lithium triangle is estimated to contain 75% of the world's lithium supply and is the world's premier lithium exploration address. Significant logistical infrastructure is already in place at the project location including power, gas transmission and all-weather roads allowing transport of refined Lithium Carbonate through a major port.
공시 • Dec 22C29 Metals Limited Announces Pocitos 7 Drilling PreparationsC29 Metals Limited advise that preparations for drilling at Pocitos 7 are advancing well, with earthworks and construction of the drill pads now underway. The contracted drill rig is completing work nearby, and all associated infrastructure including camp, drill supplies and other logistics is in place. With a relatively short break for Christmas/New Year and overhaul of the rig, it is anticipated that drilling will commence during January, 2023. Previous geophysical work at Pocitos 7 has identified a large aquifer hosting target lithium-charged brines. The Company intends to drill 2 holes at Pocitos 7 during this programme to test this target and establish the presence of brines and the aquifer profile. It is expected that these holes can provide data which will form the basis of an initial mineral resource estimate at Pocitos 7. Pocitos 7 is an exploration license located in the Salta province, Argentina, in the heart of the lithium triangle. The lithium triangle is estimated to contain 75% of the world's lithium supply and is the world's premier lithium exploration address. Significant logistical infrastructure is already in place at the project location (Figure 1) including power, gas transmission and all-weather roads allowing transport of refined Lithium Carbonate through a major port.
공시 • Dec 09C29 Metals Announces Management and Board AppointmentsC29 Metals Limited advised that it has retained Mr. Phillip Thomas as its technical adviser for its Pocitos 7 and Pocitos 9 brine projects located in the prolific lithium triangle of Argentina. Mr. Thomas is a highly specialised lithium brine geologist with significant experience in salar exploration, hydrology, resource estimation and production chemical engineering. In particular, Mr. Thomas has a deep experience of Argentina salar brine geology and hydrology having spent more than 20 years' working in Argentina on the Pocitos, Guayatayoc, Salinas Grandes, Pozuelos, Rincon and Incahuasi salars. Mr. Thomas has agreed to act as the Company's competent person in respect of the Argentina projects as well as to compile a JORC compliant resource estimate (as required) and to assist with project logistics, required local regulatory approvals, and general drilling know-how in Argentina salars. Importantly, Mr. Thomas will also oversee the testing of recovered brines for lithium recovery utilizing the EkosolveTM direct lithium extraction technology. Additionally, the Company advises that Mr. Kerry Griffin has been retained as a consultant geologist to assist the Company as it proceeds with drilling in Argentina. Fluent in Spanish, Mr. Griffin is a senior geologist with significant experience in South America having spent a substantial amount of his career managing and developing/operating projects in Peru, Ecuador, Chile, Brazil and Argentina. In Argentina specifically he has undertaken a significant amount of lithium exploration in San Luis, Catamarca and Salta. Finally, Mr. Jeremy King has joined the board of the Company in an executive capacity. Mr. King has a wealth of experience managing ASX growth companies with an emphasis on resources and technology businesses. He has significant experience around capital raisings and international corporate transactions.
공시 • Nov 30C29 Metals Limited Announces Board ChangesC29 Metals Limited advised that Mr. Jamie Myers and Mr. Tianjiao Wang have been appointed to the Board of the Company. Mr. Myers has over 15 years in equities dealing and corporate advisory experience. Previously the co-founder and Executive Director of iiZen Equites before a corporate exit to Paterson's Securities, Mr. Myers has held equity advisory roles at iiZen Equities, Paterson's Securities and Ord Minnett Limited and is Founder and Executive Director of Molo Capital. Mr. Myers has extensive small cap experience and will be valuable to the Company as it proceeds to develop its assets. Mr. Wang has extensive experience in equity markets, with particular focus on mergers and acquisitions in the emerging market space, restructuring and capital sourcing from the Asian region. He has a strong network base with ultra high net worth investors in China and Singapore. Mr. Wang has been a founding investor in several early stage resource projects in China which ultimately achieved production status. In addition, he has provided several Australian junior mining companies significant funding as part of cornerstone investment support. The Company also advises that Mr. Mark Major and Mr. Martin Helean have resigned from the Board, effective immediately. Mr. Major and Mr. Helean are pursuing other business activities and as the Company continues to progress the time commitment required isn't able to be fulfilled.
공시 • Nov 17C29 Metals Limited Announces Lithium Drilling Imminent At Pocitos Salar ProjectsC29 Metals Limited provided an update on the upcoming salar drilling program, at the Pocitos 7 project located within Argentina's Salta Province; part of the world renowned South American lithium triangle (Figure 1). The Company has received all regulatory notices and has secured a drilling contractor to complete the maiden reconnaissance exploration wells over the Salar. The Company has permitted up to 5 holes of which an initial 3 to 4 diamond holes are anticipated to be drilled during this initial program (Figure 2). The initial holes have been designed to test the hydrogeological conditions of the significant low-resistivity zone at depth which were identified using TEM-VES (Transient Electromagnetic Vertical Electrical Sounding) profiles. These areas are interpreted as being a large aquifer hosting the target lithium-charged brines. It is envisaged that these holes will help establish a JORC compliant mineral resource estimate by middle 2023. Geochemical samples of the brines will be taken from all aquifers to confirm the lithium prospectivity and provide adequate sample for processing via the EkosolveTM DLE technology process.
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Martin Helean was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Oct 13C29 Metals Limited Provides Update on Sampsons Tank Located in New South Wales and the Stadler's Project in Western AustraliaC29 Metals Limited (C29 or the Company) provided shareholders with an update on its Sampsons Tank located in New South Wales and the Stadler's project in Western Australia. Stadlers Project (WA) The Stadlers project is located 60km south of Paraburdoo in the Ashburton Basin and is considered highly prospective for structurally-controlled epithermal copper deposits related to the Capricorn Orogen. As previously announced in ASX announcement on the 10 October 2022, the company is commencing a project-wide aeromagnetic and radiometric survey. The Company believes that this work will greatly enhance understanding of the relationship between structure and mineralization at Stadlers, leading to the identification of new exploration targets. The Company experienced minor slow down with its intended exploration due to unexpected delays in completing notifications to native title holders which are required before commencement of field activities. C29's exploration team are also finalising designs for a tenement-scale soil geochemical sampling program at Stadlers. Previous soil geochemical work has been limited in scope and has focused on individual prospects with outcropping gossanous material, whereas the new survey will employ a broader approach and seek to generate new exploration targets in previously untested areas. Sampsons Tank Project (NSW) Sampson's Tank Project lies within the high-grade base metal hotspot of the highly mineralized Girilambone District of the Lachlan Fold Belt, NSW. The Girilambone District hosts a number of significant deformed and remobilized Besshi-type Volcanic Associated Massive Sulphide (VAMS) deposits such as the Tritton Cu-Au Mine, Collerina CZ Cu-Au discovery and the Tottenham Cu-Au deposit. The project is located approximately 20km from the Collerina and 15km from the Tottenham deposit. In respect Sampson's Tank, as previously announced on 24 August 2022, the interpretation of the airborne Versatile Time Domain Electromagnetic (VTEM) survey completed in April this year, and the results of the extensional and infill soil geochemical sampling has allowed the Company to develop and execute a prioritized RC drilling campaign on the key targets identified. The Company hopes to drill-test several targets using reverse circulation drilling once the land is dry enough and the landowner has completed his cropping. This is envisaged to be complete in the first quarter of 2023. Down-hole electromagnetic surveys will be undertaken in each hole to help refine any larger conductors which may contain sulphide minerals. The Company notes that it's previous exploration plans (prior to the VTEM survey) experienced delays due to weather conditions and the availability of a helicopter to undertake the survey. This delay has caused future drilling to be delayed due to cropping cycles and the soil conditions being extremely wet (due to the higher-than-normal rainfall in NSW this year), thus not suitable for heavy machinery movement at site. The company is working with the landowner and will keep the market up to date as the programs are programed. C29 notes that the minor delays in respect of the proposed activities on the Projects (noted above) were not material to the Company or the Projects, and C29 remains committed to continuing its planned exploration activities on the Projects as previously announced.
공시 • Oct 10C29 Metals Limited Announces That Project-Wide Aeromagnetic and Radiometric SurveyC29 Metals Limited announced that a project-wide aeromagnetic and radiometric survey will soon commence at the Stadlers project (E08/3122) in Western Australia. Stadlers is located 60km south of Paraburdoo in the Ashburton Basin and is considered highly prospective for structurally-controlled epithermal copper deposits related to the Capricorn Orogen. With structurally-controlled mineralization such as Stadlers, it is crucial to have high- quality aeromagnetic data to facilitate detailed interpretation of the structural framework. Whilst the existing Stadlers aeromagnetic and radiometric datasets are considered low resolution by modern exploration standards, there is still an observable correlation between copper geochemical anomalies and areas of structural complexity identified in the aeromagnetic data. The new data will allow more refined targeting of future electrical geophysical surveys, which in turn leads to enhanced targeting of exploration drilling. The planned survey will be flown with a fixed-wing aircraft collecting data on a 50m north-south line-spacing, plus east-west tie lines at 500m spacing, for a total of 1410 line kilometres. Sensor height will be 50m above terrain and the sample rate for the magnetic component will be 20Hz which equates to approximately 3m sample intervals. The survey design covers the entirety of the exploration license and should take approximately three days to complete. The survey is scheduled to begin on October 13th, with results to be received by the company within 30 days after completion of the survey. C29's exploration team are also finalising designs for a tenement-scale soil geochemical sampling program at Stadlers. Previous soil geochemical work has been limited in scope and has focused on individual prospects with outcropping gossanous material, whereas the new survey will employ a broader approach and seek to generate new exploration targets in previously untested areas.
공시 • Oct 05C29 Metals Limited, Annual General Meeting, Nov 04, 2022C29 Metals Limited, Annual General Meeting, Nov 04, 2022, at 09:00 W. Australia Standard Time. Location: Mirador Corporate, Level 2, 23 Railway Road Subiaco WA 6008 Subiaco Western Australia Australia Agenda: To table and consider the annual report of the company and its controlled entities for the financial year ended 30 June 2022, which includes the financial Report, the directors' report and the auditor's report; to consider the adoption of remuneration report; to consider re-election of directors; to consider the appointment of auditor at first AGM; and to consider amendments to constitution.
공시 • Sep 01C29 Metals Limited (ASX : C29) agreed to acquire Mayfield Copper-Gold Project in Proterozoic Mt Isa Inlier of Queensland from Isa Tenements Pty Ltd AUD 0.42 million.C29 Metals Limited (ASX : C29) agreed to acquire Mayfield Copper-Gold Project in Proterozoic Mt Isa Inlier of Queensland from Isa Tenements Pty Ltd for AUD 0.42 million on June 15, 2022. Under the terms of agreement, following consideration will be made to the Vendor, Cash payment of AUD 210,000 within fifteen (15) days of exercise of the Option, issue GBM or nominee the greater of 1.25 million C29 shares or the value of AUD 250,000 in C29 shares, based on a 7 day VWAP. Shares will be issued under the company’s available 7.1 placement capacity. The transaction was negotiated at arm’s length and none of the vendors are related parties. The transaction is subject to, exploration licence being renewed, successful due diligence, and other customary conditions. The project has an inherent 2% net smelter return royalty held by a third party. C29 Metals Limited (ASX : C29) completed the acquisition of Mayfield Copper-Gold Project in Proterozoic Mt Isa Inlier of Queensland from Isa Tenements Pty Ltd on August 31, 2022. Considerations for the Mayfield Copper Project is AUD 0.21 million in cash and the issue of 1.56 million fully paid ordinary shares in the Company. The transfer to C29 the exploration license EPM19483, by the Queensland Governments Department of Resources. The Company has now completed all requirements for settlement.
공시 • Aug 24C29 Metals Limited Provides an Update on the Sampsons Tank Copper Exploration Project Located in New South WalesC29 Metals Limited provided shareholders with an update on the Sampsons Tank copper exploration project located in New South Wales. The Company has recently completed an airborne electromagnetic survey over the project and carried out soil geochemical sampling to expand coverage around existing soil anomalies. C29 is exploring for deformed, remobilized, high grade Besshi-type volcanic associated massive sulphides. A coincident VTEM conductor with copper in soil anomalism instills confidence in the exploration model, and the exploration methods being utilised at Sampson Tank to defined VAMS mineralisation. The airborne survey was flown by UTS Geophysics and comprised a Versatile Time Domain Electromagnetic (VTEM Max) survey and an Aeromagnetic survey. Full coverage of the Exploration License was achieved with 521 line-kilometers flown over two days. The electromagnetic response was somewhat affected by conductive clay horizons at or near surface, however three bedrock conductors of note have been identified; one coincident with an elevated soil anomalism and two new exploration targets. The coincident VTEM A conductor is situated immediately adjacent to the existing `Corsair' prospect which is the company's highest priority exploration target at Sampson's Tank. Anomalous copper in soil overlies a magnetic anomaly at Corsair and the addition of an electromagnetic conductor means a very interesting exploration story is emerging here. The Company is now planning to drill this prospect but may investigate further geophysical methods to assist with targeting. The soil geochemical sampling comprised almost 700 samples which were collected from the northern sector of the exploration license, designed to infill and expand the existing soil grid over the `Corsair' and `Mustang' prospects. Modest copper anomalism (up to 32ppm) was noted in a number of samples close to these existing prospects. Forward Plan: The Company is evaluating a number of options to move forward at Sampsons Tank, including the possibility of ground geophysics to further refine drill targeting at Mustang and Corsair. There is potential for success with ground-based electromagnetic or induced polarisation methods. Ultimately the goal is to drill-test both targets with a program of RC drilling during the summer window when the land is not under crop.
공시 • Aug 17C29 Metals Limited Provides Update on the South Australian Exploration License ApplicationC29 Metals Limited provided shareholders with an update on the South Australian exploration license application. A further two applications have now been granted, meaning four out of five are now granted. The granted tenements and those still under application reside within the Olympic Dam iron oxide copper gold (uranium) ("IOCG") province of the Stuart Shelf in central South Australia. The IOCG province is a Palaeoproterozoic andMesoproterozoic tectonic and lithostratigraphic domain that extends for some 700km along the eastern margin of the Gawler Craton. Within the newly granted license EL6805 `Yadlamalka' there are a number of coincident gravity and magnetic anomalies that are prospective targets for IOCG style Olympic Dam mineralization. Historical drilling from within the license area identified native copper in altered sediments of the Wilpena Group along with coincident lead and zinc sulphides. The license is considered under- explored by modern standards and will benefit from the application of modern geophysical methods. License EL6804 `Mulgaria' is also newly granted and adjoins the southern part of EL6741, held by C29, which was previously announced on 5th July 2022. As with EL6805, this license also contains several discrete gravity anomalies also prospective for IOCG mineralization. The license area isranked as moderate to high prospectivity using the South Australian government's Olympic Dam IOCG Prospectivity Model. Again, the license is considered under-explored by modern standards and will benefit from the application of modern geophysical methods. The company is now awaiting regulatory approvals for the remaining ELA (Exploration License Application) to complete the grant process for Torrens Project.
공시 • Aug 15C29 Metals Limited Announces Board ChangesC29 Metals Limited announced the appointment of Mr. Martin Helean in the role of non-executive director, effectively August 14, 2022. Matin has more than 30 years' experience in senior management roles across mining, exploration, manufacturing, and construction industries, both within Australia and internationally. Experienced in contract negotiations with an emphasis on running lean and productive businesses, Martin is results oriented with the ability to translate business goals and objectives into plans and strategies. Some of the companies that Martin has worked for include Greenland Minerals & Energy Ltd, Convergent Minerals Ltd, Ram Recourses Ltd, Rare Earth Minerals Plc, and Suvo Strategic Minerals Ltd. The Company also advisors that Mr. Edmund Haynes has resigned as non-executive director, effective immediately. The Company would like to thank Edmund for his support and assistance during the initial growth stages of the Company.
공시 • Aug 08C29 Metals Limited Announces Exploration Program to Commence At Stadlers Cu-Au ProjectC29 Metals Limited provided shareholders with an update on the Stadlers Project in Western Australia. The project comprises a single granted Exploration Licence (E08/3122) which was acquired by the company before listing. The project is located 60km south of Paraburdoo in the Ashburton Basin. Highlights: C29 Metals to commence exploration activities on Stadlers Project. Review of geological data highlights four high priority targets with two drill ready. Numerous ultra-high historical rock chips of up to 45% copper and gold at 9.5g/t have been reported, along with shallow drilling results including 9m @ 1.9% copper from 47m. Newly sourced 2017 exploration data supports the high-grade copper mineralisation at surface with rock chips returning up to 8.7% copper. Several EM geophysical targets are apparent along structural lineaments coincident with surface geochemistry. The transfer of registration of the Exploration Licence to C29 has now been completed. The Company is now working in conjunction with heritage groups to complete the transfer of the Indigenous Land Use Agreement ("ILUA"), which is an important step prior to undertaking exploration fieldwork. Data compilation and review of past exploration work by the C29 exploration team, has highlighted the potential of the project to host structurally-controlled epithermal copper deposits related to the Capricorn Orogen. During the review, the Company identified up to eight geochemical targets and several geophysical areas of interest. The most advanced exploration target at the Stadlers Project is the Stadlers Gossan, which has recorded rock chip samples of up to 45% copper among other high- grade samples. This area as well as other documented copper-gold occurrences nearby, were drilled by Newcrest Limited in the early 1990's. Notable intersections recorded were at PB49: 9m @ 1.86% Cu from 47m and PB27: 3m @ 0.25% Cu from 62m. Drilling at the `Sandfire' target by Sandfire Resources Limited in 2007 tested an airborne electromagnetic anomaly thought to represent a massive sulphide accumulation, however the Rock geochemical sampling data collected in 2017 whilst the project was privately owned has recently been acquired and reviewed by the Company. This data, which has not previously been reported to the market, supports the historical sampling and observations. Seventeen rock-chip samples were analysed in the field using a portable XRF ("pXRF") unit and one additional rock sample was analysed in a commercial laboratory. The 2017 rock sampling focused on the Stadlers Gossan prospect, with peak copper values up to 8.77% Cu recorded from pXRF sampling. The location of anomalous samples collected during this program corresponds well with previous sampling and the known location of the gossan. A total of five samples returned copper values in excess of 0.5% with the majority of those also reporting moderate zinc anomalism. The portable XRF unit used in the recent sampling does not detect gold, however samples previously analysed have returned anomalous gold values up to 9.5g/t in laboratory testing. The recent rock samples from the Stadlers Gossan area follow a well-established pattern of elevated copper in weathered ex-sulphide rock samples. Limited past drilling underneath this zone has demonstrated continuity of grade in zones of quartz veining, brecciation, and oxidized copper minerals and this target is liable to be drill tested further in the future. From the newly reported rock samples, sample 100 is notable in that it returned 0.37% copper and 1,600ppm zinc despite being distant from pre-existing prospects in an area with no mapped gossan. The sample location corresponds with the intersection of two known fault structures and this area warrants further inspection and geological mapping. drilling was ineffective and no mineralszation or conductor was encountered. Notwithstanding these results, C29 believes this is still a valid target and further drilling is justified when combined with ground geophysics to refine and delineate the targeting parameters. The Company is currently in the process of undertaking the regulatory preparation to commence reconnaissance activities over the tenement. Planning has begun for a field reconnaissance, mapping and geochemical exploration activities in the near future once the regulatory approvals are obtained. This program is expected to be quickly followed by a more systematic geochemical sampling program across the prospective areas of the tenement. The company has also engaged an independent geophysical consultant to review existing geophysical datasets including an airborne EM survey which was flown over the project area by a previous operator in 2006. This survey identified several possible conductors within the area. Work is currently ongoing and once completed will provide recommendations for future geophysical work which can advance exploration targeting.
공시 • Jul 05C29 Metals Limited Provides Shareholders with an Update on the Exploration Licence Applications, Located in South AustraliaC29 Metals Limited provided shareholders with an update on the exploration licence applications, located in South Australia. Two of the five applications have now been granted. The granted tenements and those still under applications reside within the Olympic Dam iron oxide copper gold (uranium) ("IOCG") province of the Stuart Shelf in central South Australia. The IOCG province is a Palaeoproterozoic and Mesoproterozoic tectonic and lithostratigraphic domain that extends for some 700km along the eastern margin of the Gawler Craton. Within the granted License EL6741 Torrens North area copper and uranium prospects are known, some of which include historical diggings and rock chips up to 8.7% Cu from the West Mount prospects and significant uranium at the Seaham prospect. This area is considered prospective for several types of economic precious and base metal deposits with types of mineralisation that could include: Sediment-hosted copper deposits, of the Zambian Copperbelt style or associated with brecciated diapiric structures. Mississippi Valley type ("MVT") lead-zinc-copper-silver mineralisation systems. Structurally-hosted gold deposits associated with large fault systems in the Adelaidean sediments. Disseminated sediment-hosted gold deposits. Willemite (zinc silicate) mineralisation similar to the deposits at the Puttapa Mine. Tertiary silcrete carnotite Uranium (Yeerlirrie) style deposits. Within the Mesoproterozoic basement rocks under the majority of the tenements, the main exploration targets are the Olympic Dam style Cu-Au deposits also known as IOCG's. The Company is currently in the process of undertaking the regulatory preparation to further the field reconnaissance activities over the two granted tenements. It is expected that the applications process should be completed by August 2022, however this may be later given the current delays. The company does not believe nor is it aware of any reasoning that the applications won't be awarded once the regulatory assessment process is completed.
공시 • Jun 15C29 Metals Limited (ASX : C29) agreed to acquire Mayfield Copper-Gold Project in Proterozoic Mt Isa Inlier of Queensland from Isa Tenements Pty Ltd AUD 0.42 million.C29 Metals Limited (ASX : C29) agreed to acquire Mayfield Copper-Gold Project in Proterozoic Mt Isa Inlier of Queensland from Isa Tenements Pty Ltd for AUD 0.42 million on June 15, 2022. Under the terms of agreement, following consideration will be made to the Vendor, Cash payment of AUD 210,000 within fifteen (15) days of exercise of the Option, issue GBM or nominee the greater of 1.25 million C29 shares or the value of AUD 250,000 in C29 shares, based on a 7 day VWAP. Shares will be issued under the company’s available 7.1 placement capacity. The transaction was negotiated at arm’s length and none of the vendors are related parties. The transaction is subject to, exploration licence being renewed, successful due diligence, and other customary conditions. The project has an inherent 2% net smelter return royalty held by a third party.
공시 • May 19C29 Metals Limited Announces Mineralize Skarn Extension Identified At Reedy Creek Prospect, NSWC29 Metals Limited announced that the remaining assay results from the recent seven hole diamond drilling program at the Reedy Creek Mine prospect in Central NSW being drill holes RCDH005 to RCDH007 have been received. Highlights include copper in excess of 1% from skarn-altered limestone in drill hole RCDH007. This is consistent with results from the first four drill holes, which demonstrated a strong link between skarn alteration and base metal anomalism at the Reedy Creek Mine prospect. The Reedy Creek Project comprises of a granted exploration license (EL8541) and covers an area of around 42km2, located 20km west of the township of Cudal in the Eastern Lachlan Fold Belt (ELFB) of Central NSW. The company completed seven holes for 1059.9m of diamond drilling at Reedy Creek between December and early March, with the drilling designed to confirm significant historical high- grade zones of copper, lead, zinc, silver, and gold and to test for extensions of this mineralization. Discussion of Assay Results: Assay results are reported here for the final three drill holes, RCDH005 to RCDH007, with the preceding results having been released to the market on 20 April 2022. Elevated levels of copper and zinc were noted from RCDH007 however unlike previous drill holes, no significant intersections of lead or gold were returned. The main intersections of note were: 3m at 0.48% Cu from 48m downhole in RCDH007, including 1m at 1.14% Cu from 49m depth; 1.0m at 0.95% Zn from 19m downhole in RCDH007. Drill holes RCDH005 to RCDH007 were drilled approximately 220m along strike from the historical Reedy Creek Mine in a section line transecting the prospective stratigraphy. The drilling intersected the target limestone and skarn alteration in one of three drill holes, RCDH007. The tenor of mineralization in RCDH007 is comparable with the previously announced results from RCDH001 to RCDH004, the mineralized thicknesses are notably smaller. drill holes RCDH005 and RCDH006 did not encounter any limestone or skarn alteration, instead remaining within country rock throughout. The copper mineralisation in RCDH007 was localized to the skarn-altered upper section of the Berkley Formation limestone unit, which is in keeping with observations from previous drilling which demonstrated a strong link between skarn alteration and base metal anomalism at the Reedy Creek Mine prospect. Conversely, elevated zinc levels within RCDH007 were seen in an oxidized and highly- strained volcaniclastic breccia unit overlying the skarn-alteration zone. The controls on this mineralization are not fully known but it seems likely to be fault-controlled remobilization of zinc from a deeper source.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Apr 20C29 Metals Limited Advises That Assay Results Have Now Been Received for the Initial Four Drill Holes, RCDH001 to RCDH004 Showing Extensive Zones of Base Metal Anomalism Encountered ThroughoutC29 Metals Li phalerite and is hosted in variably skarn-altered limestone on contact with the Dulladerry Volcanics. Coincident copper, lead, and silver are all noted within this zone with several areas of gold seen. The Reedy Creek Project comprises of a granted exploration license (EL8541) and covers an area of around 42km2, located 20km west of the township of Cudal in the Eastern Lachlan Fold Belt (ELFB) of Central NSW. The Company completed 7 holes for 1059.9m of diamond drilling at Reedy Creek between December and early March, with the drilling designed to confirm significant historical high-grade zones of copper, lead, zinc, silver, and gold and to test for extensions of this mineralisation. Assay results are reported here for the first four drill holes, RCDH001 to RCDH004, with the remaining results yet to be received from the laboratory. Elevated levels of copper, gold, zinc, lead, and silver were noted from multiple drill holes. The main intersections of note were: 31.02m @ 1.12% Zn from 28.98m downhole in RCDH001; 17.0m @ 0.34% Cu from 53m downhole in RCDH004; 4.0m @ 1.32g/t Au from 104m downhole in RCDH004; 6.0m @ 0.65% Pb from 47m downhole in RCDH001. Anomalous levels of lead and zinc were generally found on the contact between Berkley Formation limestone and Dulladerry Volcanics, particularly where skarn alteration was also present. This may epresent zoning of metals within the Reedy Creek skarn system, with higher copper content coser to the historic mine workings (SW) and increasing lead-zinc in a low temperature zone surrounding the old mine. Further work will be required to confirm this hypothesis and potentially. define a lead-zinc resource.
공시 • Apr 06C29 Metals Limited Announce the Completion of an Extensive Helicopter-Borne Versatile Time Domain Electromagnetic Geophysical Survey System over the Sampson Tank ProjectC29 Metals Limited announce the completion of an extensive helicopter-borne Versatile Time Domain Electromagnetic (VTEMTM Max) geophysical survey system over the Sampson Tank Project. The Project is centered approximately 130km north-west by road of Parkes & 20km north-west of Tottenham, NSW. A total of 507 line-kilometres was flown on Saturday the 2nd and Sunday the 3rd of April. The survey was undertaken over the complete tenement to help identified potential conductors within the outcropping and covered areas of the tenement. The area hosts some strong magnetic anomalies which are supported by surface geochemical anomalies known as the P-47 and P-54 exploration targets. Sampson's Tank Project lies within the high-grade base metal hotspot of the highly mineralised Girilambone District of the Lachlan Fold Belt, NSW. The Girilambone District hosts a number of significant deformed and remobilized Besshi-type Volcanic Associated Massive Sulphide (VAMS) deposits such as the Tritton Cu-Au Mine (Aeris Resources ASX:AIS), Collerina CZ Cu-Au discovery (Helix Resources, ASX:HLX) and the Tottenham Cu-Au deposit (Locksley Resources, ASX:LKY). The project is located approximately 20km from the Collerina and 15km from the Tottenham deposit. The company completed an extensive infill and extensional soil geochemical survey over the area hosting the P-47 and P-54 targets. Results from this survey are expected soon and will be reported once interpreted. On completion of the VTEM data administering by the contractor, a specialist geophysical consultantwill undertake data processing. Results of the survey will be reviewed and presented to the company within Second Quarter 2022. Modern VAMS exploration has typically been limited to areas of outcrop and subcrop closer to Tottenham, but the company has recognised the prospective stratigraphy extending further north beneath alluvial cover on C29 licence. Previous exploration was directed towards tin, tungsten and platinum with only the very recent exploration looking at moderate to high grade Cu-Au deposits.
공시 • Mar 10C29 Metals Limited Announces Completion of Drilling Program at Reedy CreekC29 Metals Limited (C29 or the Company) to update the market that the diamond drilling program is now complete, with positive visual skarnification identified along strike from the Reedy Creek Mine prospect. The Reedy Creek Project comprises of a granted exploration license (EL8541) and covers an area of around 42km, located 20km west of the township of Cudal in the Eastern Lachlan Fold Belt (ELFB) of Central NSW. The company has completed 7 holes for 1,059.9m of diamond drilling at Reedy Creek since early December. The drilling program undertaken was designed to confirm the significant historical high-grade zones of copper, lead, zinc, manganese, silver and gold and to test the extensions of the mineralisation between the two historical mines. Two holes were removed from the program as the mineralised structural corridor between the historic Reedy Creek Mine and Endeavour 1 mine zone is now believed to be slightly more north of the current hole locations and outside the area where the company has secured land access. Samples from all seven holes have been submitted to ALS Laboratories in Orange. The Company has been informed that the sample turn around is currently 10-12 weeks. No assay results have been received yet from the initial holes. Assays will be reported in due course. The Reedy Creek project is considered prospective for hydrotherm al polymetallic (Au-Cu-Pb-Zn-Ag) deposits. The base-metal mineralisation is interpreted as skarn style, while the gold is related to a latter cross-cutting epithermal vein event. The mineralisation is located within a northeast trending structural corridor ranging between 150 & 200m wide and extending approximately 1,000m between the Reedy Creek Mine and Endeavour 1 prospect. Historical drilling results from the Reedy Creek area showed significant gold and base metal anomalism, including best results of: 48.1m @ 0.66% Cu from 30.3m, including 12.4m @ 1.13% Cu from 33.2m (DDH-3). 17m @ 1.04% Cu and 9.2% Mn from 4m including 8m @ 1.31% Cu from 9m, and 7m @ 14.4% Mn from 14m (RCR-4). 11m @ 1.91 g/t Au from 25m to EOH including 6m @ 3.1ppm Au from 25m (RCR-9). 27m @ 1.3% Zn from 18m including 7m @ 4.2% Zn, 1.0% Pb and 37 ppm Ag (RCR-11). 8m @ 0.56% Cu, 3.49% Pb, 0.83% Zn from 23m including 5m @ 0.57% Cu, 5.2% Pb, 0.9% Zn from 26m (RCR-12). 7.1m @ 1.21g/t Au from 71.3m (DDH-3).
공시 • Feb 16C29 Metals Limited Announces Diamond Drill Holes completion at the Reedy Creek Mine ProspectC29 Metals Limited announced that all diamond drill holes completed to date have intersected copper, lead and zinc mineralisation at the Reedy Creek Mine prospect. The Reedy Creek Project comprises of a granted exploration license (EL8541) and covers an area of around 42km2, located 20km west of the township of Cudal in the Eastern Lachlan Fold Belt (ELFB) of Central NSW. The company believes the visual observations of sulphide mineralisation and presence of disseminated native copper, highlight the potential for discovering new areas of possible economic Cu-Zn-Pb mineralisation adjacent to the structural corridor between the historic Reedy Creek Mine and Endeavour 1 mine zone. Diamond drilling commenced at Reedy Creek in early December, with four drillholes for 610m completed to date The drilling program being undertaken is planned to confirm the significant historical high-grade zones of copper, lead, zinc, manganese, silver and gold and to test the extensions of the mineralisation between the two historical mines. A fifth drillhole is currently in progress, and the company intends to drill at least three to four more holes during this program. Samples from the first three holes have been submitted to ALS Laboratories in Orange. No assay results have been received yet. RCDH001 was designed to test for continuity of the skarn alteration down-dip from historical intersections such as RCR11, which returned 27m @ 1.3% Zn from 18m downhole. The drillhole intersected a broad zone with almost 15m of skarn alteration from 47.6m to 59.9m containing a wide range of indicator minerals including garnet, magnetite, hematite, and the sulphides chalcopyrite, sphalerite, galena, and pyrite. RCDH002 crosscuts RCDH001 at depth and was designed to test for skarn alteration on the volcanic-limestone contact. No skarn was encountered, however the drillhole intersected trace amounts of sphalerite on the contact at 52m, followed by an approximately 6m wide zone of carbonate veining within limestone at 70m, containing visible occurrences of the copper carbonate minerals azurite and malachite. Both minerals are commonly found in the oxidized zone of copper deposits. Further work is required to understand why the intensity of mineralisation on the contact is lesser in this hole relative to RCDH001. RCDH003 was designed as a stratigraphic drillhole to test the geological model. It reached a depth of 192.6m and remained in the Dulladerry Volcanics throughout, intersecting volcaniclastic brecciadown to 148m and then remaining in andesite until end of hole. Patchy hematite-chlorite alteration was seen repeatedly within the drillcore, indicating the action of iron-rich oxidizing fluids. Very fine disseminated sulphides (<5%) were also noted in a 2m wide zone from 72m downhole, although the exact species could not be determined due to the fineness. RCDH004 tested the target zone at depth below RCDH002, passing from Dulladerry Volcanics into unaltered limestone at 111.9mdepth. Fine disseminated sphalerite and pyrite has been seen through a 16m wide zone from 134m downhole. Multiple occurrences of native copper mineralization were also seen within volcaniclasticsiltstone from 49.5m to 55m downhole. The Reedy Creek project is considered prospective for hydrothermal polymetallic (Au-Cu-Pb-Zn-Ag) deposits. The base-metal mineralisation is interpreted as skarn style, while the gold is related to a latter cross-cutting epithermal vein event. The mineralisation is located within a northeast trending structural corridor ranging between150 & 200m wide and extending approximately 1,000m between the Reedy Creek Mine and Endeavour 1 prospect. Historical drilling results from the Reedy Creek area showed significant gold and base metal anomalism, including best results of: 48.1m @ 0.66% Cu from 30.3m,including 12.4m @ 1.13% Cu from 33.2m (DDH-3); 17m @ 1.04% Cu and 9.2% Mn from 4m including 8m @ 1.31% Cu from 9m, and7m @ 14.4% Mn from 14m (RCR-4) 11m @ 1.91 g/t Au from 25m to EOH including 6m @ 3.1ppm Au from 25m (RCR-9); 27m @ 1.3% Zn from 18m including 7m @ 4.2% Zn, 1.0% Pb and 37 ppm Ag(RCR-11); 8m @ 0.56% Cu, 3.49% Pb, 0.83% Zn from 23m including 5m @ 0.57% Cu, 5.2% Pb, 0.9% Zn from 26m (RCR-12) 7.1m @ 1.21g/t Au from 71.3m (DDH-3).
공시 • Feb 15C29 Metals Limited Provides Update on Torrens Projects Exploration License ApplicationsC29 Metals Limited provided shareholders with an update on the exploration licence applications, located in South Australia. The tenement applications reside within the Olympic Dam iron oxide copper gold (uranium) province of the Stuart Shelf in central South Australia. The IOCG province is a Palaeoproterozoic and Mesoproterozoic tectonic and lithostratigraphic domain that extends for some 700km along the eastern margin of the Gawler Craton. The company has m ade several changes to the applications after consultation with the South Australian Department for Energy and Mining. Initial tenement application ELA2020/00205 required separation into four standalone tenement applications as the distance between each of the blocks was not conducive to a single application. These changes in the applications were recently registered as individual exploration licence applications. Application ELA2020/00219 remains unchanged. In doing these changes the company resulting tenement areas under application is now 1,960km. Due to the unanticipated changes in application process and delays with moving to grant; the company now believes the proposed expenditure set out for these assets, as disclosed in the prospectus will be delayed for a period of 6 to 8 months. The status of each application and indicative dates for completion. These dates are liquid and may change depending on the requirements of the various department s requirements.
공시 • Dec 15C29 Metals Limited Commences Geochemistry Survey At Sampson Tank ProjectC29 Metals Limited announced commencement of a geochemistry survey over the P-47 and P-54 exploration targets at the Sampson Tank Project. The Project is centered approximately 130km north-west by road of Parkes & 20km north- west of Tottenham, NSW. Sampson's Tank Project lies within the high-grade base metal hotspot of the highly mineralised Girilambone District of the Lachlan Fold Belt, NSW. The Girilambone District hosts a number of significant deformed and remobilized Besshi-type Volcanic Associated Massive Sulphide (VAMS) deposits such as the Tritton Cu-Au Mine, Collerina CZ Cu-Au discovery and the Tottenham Cu-Au deposit. The project is located approximately 20km from the Collerina and 15km from the Tottenham deposit. Modern VAMS exploration has typically been limited to areas of outcrop and subcrop closer to Tottenham, but the company has recognised the prospective stratigraphy extending further north beneath alluvial cover on C29 licence. The exploration tenure captures multiple deformed and interbedded sequence of metamorphosed siltstones, sandstone and shales of the Ordovician Giriliambone Group beneath a shallow veneer of Cainozoic and Quaternary alluvium. Historic drilling has intersected mafic schist, thought to be a deformed basalt associated with the Tottenham subgroup.
공시 • Nov 24+ 1 more updateC29 Metals Limited Provides Update on the Two Exploration Licence ApplicationsC29 Metals Limited provided shareholders with an update on the two exploration licence applications, ELA 2020/00219 Torrens North and ELA2020/00205 Mount Samuel group, all located in the highly prospective Olympic Dam IOCG Domain of the Gawler Craton region, South Australia. The Company currently has 1,768 km2 of tenure under application. Within the licence application areas copper and uranium prospects are known, some of which include historical diggings. Application ELA 2020/00219 has had the most exploration activity historically with six prospects identified. The tenement applications reside within the Olympic Dam iron oxide copper gold (uranium) (IOCG) province of the Stuart Shelf in central South Australia. The IOCG province is a Palaeoproterozoic and Mesoproterozoic tectonic and lithostratigraphic domain that extends for some 700km along the eastern margin of the Gawler Craton. The Torrens North tenement ELA 2020/00219 is situated approximately 50km north-east of BHP's Olympic Dam Mine and approximately 30km northeast of the township of Andamooka in South Australia. Torrens North Sub-Project (ELA 2020/00205 part of the Mount Samuel tenement group) is located on the north-eastern side of Lake Torrens, just south of the Torrens North tenement. The Mount Samuel Tenement ELA 2020/00205 separated into four subblocks, mainly located East and South of Lake Torrens. The Torrens North project (ELA 2020/00219) is considered prospective for several types of economic precious and base metal deposits. Within the dominant Adelaidean and Cambrian sediments of this area, possible types of mineralisation could include: Sediment-hosted copper deposits, of the Zambian Copperbelt style or associated with brecciated diapiric structures. Mississippi Valley type (MVT) lead-zinc-copper-silver mineralisation systems. Structurally-hosted gold deposits associated with large fault systems in the Adelaidean sediments. Disseminated sediment-hosted gold deposits. Willemite (zinc silicate) mineralisation similar to the deposits at the Puttapa Mine. Tertiary silcrete carnotite Uranium (Yeerlirrie) style deposits. Within the Mesoproterozoic basement rocks under the majority of the tenements, the main exploration target is are the Olympic Dam style Cu-Au deposits also known as IOCG's. The Torrens North project area is known to host several prospective copper projects. The majority of these are pure copper plays or copper associated with precious metals, including one uranium occurrence. West Mount Prospect: West Mount has an area of historical copper workings, where small shafts and pits occur on the eastern flank of West Mount over a strike length of approximately 500m. The mine dumps contain malachite (copper mineral) bearing quartz veins, including breccia. Historical drilling has been limited to the Torrens North area, with several holes recording anomalous copper intersections at the West Mount prospect. Notable intersections include: 28m @ 0.34% Cu from 44m (WMRC016); 14m @ 0.37% Cu from 14m (WMRC010); 2m @ 1.45% Cu from 10m and 6m @ 0.32% Cu from 58m (WMRC007); 6m @ 0.36% Cu from 14m (WMRC012). Seaham Prospect: Considerable areas of Tertiary silcrete outcrop within the Seaham prospect. This area was identified to have favourable conditions for the deposition of secondary uranium mineralisation, and recorded uranium mineralisation in the form of carnotite. An initial scintillometer traversing exploration revealed the presence of the radioactive silcrete horizon in 1979. The tenure was dropped before drilling could be undertaken in 1980. No drilling has been undertaken. Assays taken on the initial rock samples ranged from 65ppm upto 210ppm Uranium. No details of the rock locations are known besides a hand drawn mud map presented in the SARIG report ENV03556.
