Megado Minerals (MEG) 주식 개요메가도 미네랄은 호주, 미국, 캐나다, 에티오피아에서 광물 탐사 회사로 운영되고 있습니다. 자세히 보기MEG 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성6/6배당0/6위험 분석의미 있는 시가총액이 없습니다(A$12M)지난 1년 동안 주주가 크게 희석되었습니다.수익이 USD$1m 미만입니다(A$0)지난 5년간 매년 수익이 2.5% 감소했습니다.모든 위험 점검 보기MEG Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueAU$Current PriceAU$0.017해당 없음내재 할인율Est. Revenue$PastFuture-7m12016201920222025202620282031Revenue AU$1.0Earnings AU$0.1AdvancedSet Fair ValueView all narrativesMegado Minerals Limited 경쟁사Flynn GoldSymbol: ASX:FG1Market cap: AU$13.4mPerpetual ResourcesSymbol: ASX:PECMarket cap: AU$12.4mMandrake ResourcesSymbol: ASX:MANMarket cap: AU$12.5mNagambie ResourcesSymbol: ASX:NAGMarket cap: AU$13.9m가격 이력 및 성과Megado Minerals 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가AU$0.01752주 최고가AU$0.04952주 최저가AU$0.011베타0.251개월 변동0%3개월 변동-39.29%1년 변동21.43%3년 변동-66.00%5년 변동-89.38%IPO 이후 변동-93.33%최근 뉴스 및 업데이트공시 • Apr 10Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.65 million.Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.65 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 75,000,000 Price\Range: AUD 0.02 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,500,000 Price\Range: AUD 0.02 Security Features: Attached Options Transaction Features: Subsequent Direct Listing공시 • Apr 07Megado Minerals Limited, Annual General Meeting, May 07, 2026Megado Minerals Limited, Annual General Meeting, May 07, 2026. Location: level 3, 480 collins street, melbourne vic 3000 AustraliaBoard Change • Apr 04Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Adrien Wing was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Mar 14New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$14.2m (US$9.93m) 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 Earnings have declined by 8.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$14.2m market cap, or US$9.93m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end).New Risk • Mar 06New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (AU$17.4m market cap, or US$12.2m).Board Change • Mar 03Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Brad Drabsch is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Adrien Wing was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.더 많은 업데이트 보기Recent updates공시 • Apr 10Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.65 million.Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.65 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 75,000,000 Price\Range: AUD 0.02 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,500,000 Price\Range: AUD 0.02 Security Features: Attached Options Transaction Features: Subsequent Direct Listing공시 • Apr 07Megado Minerals Limited, Annual General Meeting, May 07, 2026Megado Minerals Limited, Annual General Meeting, May 07, 2026. Location: level 3, 480 collins street, melbourne vic 3000 AustraliaBoard Change • Apr 04Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Adrien Wing was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Mar 14New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$14.2m (US$9.93m) 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 Earnings have declined by 8.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$14.2m market cap, or US$9.93m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end).New Risk • Mar 06New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (AU$17.4m market cap, or US$12.2m).Board Change • Mar 03Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Brad Drabsch is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Adrien Wing was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.New Risk • Dec 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 8.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (106% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$20.0m market cap, or US$13.3m).New Risk • Sep 11New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$14.2m (US$9.38m) 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 (21% average weekly change). Earnings have declined by 8.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (154% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$14.2m market cap, or US$9.38m).공시 • Jul 03Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.78 million.Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.78 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 39,000,000 Price\Range: AUD 0.02 Transaction Features: Subsequent Direct Listing공시 • Jun 14Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.6 million.Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.6 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 38,000,000 Price\Range: AUD 0.012 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 12,000,000 Price\Range: AUD 0.012 Transaction Features: Subsequent Direct Listing공시 • Jun 13Megado Minerals Limited (ASX:MEG) completed the acquisition of 80% stake in Iberian Copper Pty Ltd.Megado Minerals Limited (ASX:MEG) agreed to acquire 80% stake in Iberian Copper Pty Ltd on November 5, 2024. The consideration consists of 175 million common equity of Megado Minerals Limited to be issued for common equity, 175 million Class A Performance Rights of Megado Minerals Limited to be issued for common equity and 175 million Class B Performance Rights of Megado Minerals Limited to be issued for common equity of Iberian Copper Pty Ltd. The transaction is subject to approval of offer by acquirer shareholders and subject to shareholder approval. The Directors of Megado expect to convene an Extraordinary General Meeting of the members of the Company in mid-December 2024 or early January 2025. Megado Minerals Limited (ASX:MEG) completed the acquisition of 80% stake in Iberian Copper Pty Ltd on June 13, 2025.공시 • Apr 04Megado Minerals Limited, Annual General Meeting, May 29, 2025Megado Minerals Limited, Annual General Meeting, May 29, 2025.New Risk • Mar 22New 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$947k 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$947k free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 6.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Revenue is less than US$1m (AU$9.6k revenue, or US$6.0k). Market cap is less than US$10m (AU$6.30m market cap, or US$3.95m).New Risk • Jan 21New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 65% 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 Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 5.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$5.88m market cap, or US$3.69m).공시 • Dec 12Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.526732 million.Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.526732 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,603,438 Price\Range: AUD 0.012 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 106,624,266 Price\Range: AUD 0.012 Transaction Features: Rights Offering공시 • Nov 06Megado Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.526733 million.Megado Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.526733 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 127,227,779 Price\Range: AUD 0.012 Transaction Features: Rights Offering공시 • Nov 05Megado Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.6 million.Megado Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.6 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 38,000,000 Price\Range: AUD 0.012 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 12,000,000 Price\Range: AUD 0.012 Transaction Features: Subsequent Direct Listing공시 • Apr 10Megado Minerals Limited, Annual General Meeting, May 31, 2024Megado Minerals Limited, Annual General Meeting, May 31, 2024. Agenda: To consider the election of Directors.공시 • Feb 16+ 1 more updateMegado Minerals Limited Announces Resignation of Ben Pearson as Managing Director, Effective 16 May 2024Megado Minerals Limited announced the impending departure of Managing Director, Mr. Ben Pearson. Mr. Pearson has provided the Company with 3 months' notice and will step down from his role on 16 May 2024. Mr. Pearson will continue to assist with the execution of the company's exploration strategy during his notice period.Board Change • Sep 06No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman Brad Drabsch was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.공시 • Jun 01Megado Minerals Limited Appoints Benjamin Pearson as DirectorMegado Minerals Limited reported Results of Annual General Meeting and approved Election of Director - Benjamin Pearson.공시 • Feb 17Megado Minerals Limited Announces Management ChangesMegado Minerals Limited announced Board and Management Changes. Current CEO, Mr. Ben Pearson, has been appointed Managing Director of the Company. Ben joined Megado in June 2022, bringing over 17 years' experience in the industry specialising in environment and social impact assessment, pollution control and toxicology. His management experience involves senior positions with non-government organisations, environmental regulators, consultancies, academia, and private industry. The key terms of Ben's remuneration are as follows: Commencement date of 13 February 2023. Base salary of AUD 264,000 per annum. Termination notice period of 3 months by either party or by the Company paying the equivalent of 3 months' notice in lieu of service; and The issue of 1,000,000 unlisted incentive options, exercisable at $0.10 and with an expiry date of 1 March 2027 (subject to shareholder approval). All other executive engagement terms are standard for this type of agreement. Director Resignations Dr. Chris Bowden resigns as a Non-Executive Director effective immediately. Chris will remain with the Company on a full-time basis as Chief Geologist. He will be responsible for advancing all aspects of the Company's technical operations including exploration, development of existing projects and identification of new project opportunities. Mr. Gregory Schifrin will step back from his role as a Non-Executive Director but will remain engaged with Megado as a consultant on an as needs basis. The Board thanks Greg for his contribution to date and looks forward to working with him in the future.공시 • Jan 17Megado Minerals Limited Provides an Update on Newly Acquired Historical Data North Fork REE ProjectMegado Minerals Limited has recently acquired previously unpublished data relating to its North Fork Rare Earths Elements (REE) Project, located in Idaho, USA. The historical rock sample assay data (35 samples in total) was identified by Megado Non-Executive Director Mr. Greg Schifrin and is understood to have been collected by US Rare Earths LLC as part of exploration activities conducted in 2013. The data set includes several rock samples collected around Lower Lee Buck and Upper Lee Buck. They reveal a corridor that looks highly prospective. Sampling this corridor will be a priority for the next field season in preparation for drill testing. The data and high TREE results over Silver King further strengthens the case for a planned drilling program for 2023. A Plan of Operation for a proposed drilling program at Silver King was recently submitted to the U.S. Forest Service for their consideration.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. 5 non-independent directors. Non-Executive Director Greg Schifrin 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 • Sep 15Megado Minerals Limited Provides an Update on North Fork Rare Earths ProjectMegado Minerals provided an update on activities associated with its North Fork Rare Earths Project, located in Idaho, USA. Rock sample results have been received from reconnaissance sampling at Dutchler Mountain and Silver King Prospect. All elements assayed are included on the US Government's 2022 List of Critical Minerals. Samples from the newly discovered Dutchler Prospect, approximately 300m east of the Silver King Prospect, returned up to 2.41% TREO including 0.58% Nd-Pr. The extent of the outcropping mineralised vein network at Dutchler is not yet known, with further mapping and sampling activities in the coming months to better define its extent. The Silver King prospect is known to consist of two (2) dike/sills (North & South) of 210 and 170 meters in strike length which are exposed at the surface. Historic channel sampling at Silver King returned elevated concentrations of TREO with the North and South vein returning assay grades of 10.3% and 5.8% TREO respectively. Historic exploration suggested that these 2 dikes/sills are related and may be the same vein offset by faulting. The relationship between these veins remains to be determined and will be clarified by Megado's future exploration work. Exploration and sampling activities on the North Fork Project have been delayed by an extensive fire in the Salmon-Challis National Forest. The fire continues to hamper access to the project area. The company is liaising with the relevant authorities to obtain access as soon as possible. The North Fork claims are located approximately 40km (25 miles) northwest of Salmon, Idaho and consist of 499 unpatented/patented BLM mining lode claims. The North Fork Project has several prospect areas warranting further exploration. North Fork 499 claims (granted and in application) cover approximately 10,309 acres (42km2) with outcropping, high- grade, rare-earth element (REE) mineralised rock. North Fork contains multiple carbonatite-hosted, high-grade, REE mineralised veins that have been observed at surface across numerous prospects over 10km along strike. Previous exploration has returned exceptional grades in channel samples (see previous ASX release): Silver King Prospect: 2m @ 10.3% TREO incl. 1.2% CREO1; and 2m @ 5.8% TREO; and 1.52m @ 17.7% TREO. Jackpot Prospect: 0.76m @ 21.5% TREO; and 0.76m @ 14.5% TREO. Monazite Queen Prospect: 0.91m @ 21% TREO; and 3m @ 2.16% TREO.공시 • Jun 23Megado Gold Limited (ASX:MEG) completed the acquisition of Felix Strategic Minerals Pty Ltd.Megado Gold Limited (ASX:MEG) entered into definitive agreement to acquire Felix Strategic Minerals Pty Ltd from The Olsen Family Trust, Brown Bricks Pty Ltd, Principal Global Investments Pty Ltd, ING Investment Fund Pty Ltd, Global Consortium Holdings Pty Ltd, Okawari Consortium Pty Ltd, J Stimpson Pty Ltd and James Baughman on April 14, 2022. Megado Gold will issue 32 million fully paid ordinary shares and 5 million options. Megado Gold Limited (ASX:MEG) completed the acquisition of Felix Strategic Minerals Pty Ltd from The Olsen Family Trust, Brown Bricks Pty Ltd, Principal Global Investments Pty Ltd, ING Investment Fund Pty Ltd, Global Consortium Holdings Pty Ltd, Okawari Consortium Pty Ltd, J Stimpson Pty Ltd and James Baughman on June 21, 2022.공시 • Jun 16+ 2 more updatesMegado Gold Limited Appoints Ben Pearson as CEOMegado Gold Limited appointed new CEO, Ben Pearson. Ben has over 17 years' experience in industry specialising in environmental impact assessment, pollution control and toxicology. His management experience involves senior positions with non-government organisations, environmental regulators, consultancies, academia and private industry. Ben has project managed several large-scale infrastructure projects throughout his career including regional water supply schemes, open cut and underground coal mines, wastewater treatment facilities and several major road projects. In 2018, Ben established Oteba Pty Ltd. to provide specialist advice for junior mining companies. Recent projects include work for Black Rock Mining, Marimaca, OKLO Resources and Emmerson PLC.공시 • May 31Megado Gold Limited Announces Resignation of Marta Luisa Ortiz Ortega as A Non-Executive Director of the Company Effective Tuesday, 31 May 2022Megado Gold Limited announced that Ms. Marta Luisa Ortiz Ortega has resigned as a Non-Executive Director of the Company effective Tuesday, 31 May 2022. The Board of Directors would like to thank Ms. Ortiz Ortega for her contribution to the Company since October 2020 and wishes her all the best in her future endeavours.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. 5 non-independent directors. Non-Executive Director Marta Ortega was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Apr 15Megado Gold Limited (ASX:MEG) entered into definitive agreement to acquire Felix Strategic Minerals Pty Ltd.Megado Gold Limited (ASX:MEG) entered into definitive agreement to acquire Felix Strategic Minerals Pty Ltd on April 14, 2022.공시 • Feb 17Megado Gold Limited Provides Updates from the Babicho Gold Project, Located in the Adola Gold Belt in EthiopiaMegado Gold Limited provided updates from the company's Babicho gold project, located in the Adola gold belt in Ethiopia. Babicho gold project's second phase trenching program has been completed trenching results confirm >3km of continuous mineralization along strike at the Roba Shakiso prospect. Trenching results returned indicate broad gold mineralization: BBTR025: 1m @ 13.75g/t Au (within 4m @ 3.67g/t Au), BBTR018: 4m @ 1.67g/t Au (within 21m @ 0.63g/t Au), BBTR017: 1m @ 2.44g/t Au (within 24m @ 0.32g/t Au) & 1m @ 1.25g/t Au, BBTR019: 1m @ 2.39g/t Au (within 21m @ 0.31g/t Au), BBTR021: 2m @ 1.54g/t Au (within 12m @ 0.42g/t Au), BBTR035: 1m @ 2.10g/t Au (within 15m @ 0.55g/t Au), Geological observations from drill holes and trenching indicate similar alteration and mineralization to that observed at nearby Lega Dembi and Sakaro deposits (>3Moz Au) Quartz veining with visible sulphides (pyrite) up to 7m wide within broad alteration zones 20-30m wide observed across trenching and drilling programs thus far trenching proximal to peak drilling result BBDD001 which ran 4.1m @ 1.97g/t Au (within 11m @ 0.79g/t Au) from 98m under trench BBTR001 (11.1m @ 3.21g/t Au).공시 • Sep 24Megado Gold Limited Provides an Update on Progress at its Chakata Gold Project, Located in the Adola Gold Belt in Southern EthiopiaMegado Gold Limited provide an update on progress at the Company's Chakata Gold Project, located in the Adola Gold Belt in southern Ethiopia. Six diamond drill holes totalling 1,122m were completed at the Chakata Gold Project's GT Prospect. The results from this first drilling program are extremely encouraging, highlighted by hole CKDD010 which, as reported previously, returned assays of 11m @ 2.88 g/t Au from 22m. The drilling program itself targeted mineralisation along strike and down-dip from the outcrops hosting high-grade rock chips of 4.40g/t Au and 4.17g/t Au. The program also followed up historically reported trench results highlighted by a historical trench interval of 25m @ 2.57g/t Au a program which had no known drill testing at depth beneath the trench or down plunge. Most importantly, these initial results at GT Prospect support Megado's thesis that the limited previous work at Chakata misinterpreted its geology. Megado's fieldwork identified numerous structures and stockwork vein zones at the GT Prospect that trend parallel to historical drilling and trenching. Previous efforts focused on testing the north-northeast trending primary structure by trenching and drilling along east-southeast lines. In contrast, Megado's field observations showed mineralisation locally trends east-northeast. Previous historical trenching and drilling sub-parallel to these structures likely explains their sporadic historical intercepts. Consequently, Megado drilling at GT Prospect oriented to test these local structures and a much broader zone of mapped intense alteration and veining thereby yielding these strong initial results. Moreover, CKDD012 and CKDD013 were drilled towards the south, testing an alternate hypothesis to mineralisation. The lack of significant gold results in these holes further bolsters the initial understanding Megado has of the system. It also increases the confidence to follow-up the mineralisation trend the team has identified from CKDD010, through WTR1, and at surface continuing to the north-east. Megado has a high degree of confidence of having identified the controls to gold mineralisation at GT. The team will continue its field reconnaissance to gather as much surface and drill core structural data to assist in building a 3D model of gold mineralisation. Follow-up drill programs are being planned for after the rainy season, and will be targeting the down dip and down-plunge extensions to the known mineralisation, including untested repeating sub-paralleling structures, evident from mapping and rock sample assays. Moreover, Megado's work at Chakata is in its infancy. The area drill-tested thus far at the GT Prospect represents a mere fraction of the more than 9km of strike that extends through the tenement towards the Sakaro and Lega Dembi gold mines, which have produced >3Moz gold. Moreover, drill core at both the CT and GT Prospects consistently produced zones of intense mineralisation similar to that reported at Lega Dembi, including strongly sericite-fuchsite altered and silicified metagranodiorite hosting quartz veins containing up to 3% sulphides (pyrite, chalcopyrite and pyrrhotite). There remains much work to be completed to test these quartz veins further. Megado will update the market regularly with what it expects to be exciting progress.공시 • Jun 10Megado Gold Provides Update on Progress Across the Chakata Gold Project, Located in the Adola Gold Belt in Southern EthiopiaMegado Gold provided an update on progress across the Company's Chakata Gold Project, located in the Adola Gold Belt in southern Ethiopia. Megado has received the first series of rock sample results from its Chakata Gold Project. These rock results are extremely encouraging, of note at the Contact Prospect, where Megado recently completed its first drilling program at Chakata, peak rock results returned 15.55g/t Au, 5.10g/t Au, and 3.73g/t Au. This is also where a historical drill program from the 1990's returned 2m @ 11.15g/t Au. Rocks from the newly defined Dragon Prospect have returned an impressive 5.94g/t Au, 4.21g/t Au, and 2.35g/t Au. Then at the GT Prospect, where drilling commenced on 21 May 2021, rock results were highlighted by 4.40g/t Au and 4.17g/t Au. The previously announced trenching campaign continues at Chakata's Dragon Prospect. The strong rock results from Dragon (see above) provide additional encouragement to a trenching program that has already produced several exciting findings. Of particular note, the first trench at Dragon revealed quartz veins and instances of rocks with visible gold. Megado's team has continued to observe mineralisation at Dragon throughout the trenching program, including sheared and highly altered metagranodiorite with amphibolite and mica schists hosting 20-30m wide shear zone related quartz veins with tourmaline-pyrite-chalcopyrite-(+/-bornite, +/-azurite)-galena mineralisation (e.g. CKTR003 from 0m). The geological team interprets that the Dragon Prospect is situated on a structure identical to that which hosts the high-grade Sakaro deposit along strike to the north. Megado has completed its first drilling program at the Contact Prospect within the Chakata Gold Project. This first phase consisted of seven holes for a total of 1,208m. Significantly, these holes were targeted at outcrops where the high-grade rocks referred to above were taken. As announced on 22 April 2021, holes completed as part of this drilling program have intercepted zones of several-metre-wide quartz- tourmaline veins with visible (up to 3%) pyrite-chalcopyrite-galena mineralisation (e.g. CKDD005 from 70m to 95m - assays pending). The Company is encouraged by this as gold rich zones at the nearby Lega Dembi and Sakaro gold deposits (>3Moz) display a similar assemblage and mineralisation. Immediately upon completion of drilling at the Contact Prospect, Megado commenced its next drilling program at the nearby GT Prospect. The drilling program at GT Prospect is targeting mineralisation along strike and down-dip from the outcrops hosting the high-grade rock chips referred to above as well as following up historically reported trench results (highlighted by a historical trench interval of 25m @ 2.57g/t Au). The early drill core from the GT Prospect shows zones of strongly silicified metagranodiorite hosting quartz veins containing up to 3% sulphides (pyrite, chalcopyrite and pyrrhotite).공시 • May 21Megado Gold Provides Drilling Results from the Babicho Gold Project, Located in the Adola Gold Belt in Southern EthiopiaMegado Gold provided drilling results from the Company's Babicho Gold Project, located in the Adola Gold Belt in southern Ethiopia. Visually mineralised core from Megado's maiden drilling program at Babicho has returned highly encouraging gold mineralisation, peaking at 11m @ 0.81g/t Au (inc. 4m @ 1.97g/t Au) from drillhole BBDD001 (from 98m). Importantly for the Company, wide zones of quartz veining upwards of 10-20m have also been consistently intersected along a strike of 1.5km in trenches and drillholes. The initial drilling phase at the Babicho Gold Project has achieved its goal of demonstrating ore width and grade gold mineralisation with similar characteristics to the >3Moz Lega Dembi deposit 50km along strike to the south. Aside from sporadic trenching and drilling historically, very little work has been done explaining the presence of the continuous, high tenor gold in soil anomaly that typifies the Babicho project. Megado has only scratched the surface in this proof-of-concept maiden drilling programme and now plans to fully explore the Babicho Project using systematic and proven methods. As announced on 6 May 2021, Megado's next phase at Babicho is an ambitious trenching program of 5,000m. The Company anticipates the forward trenching program will substantially improve understanding of the controls to mineralisation and provide a better planned forward drill program testing gold mineralisation down plunge and along strike. In addition to the work at Babicho, Megado continues to advance exploration activities at its Chakata Gold Project. The first series of diamond drillholes has been completed at the CT Prospect and the drilling program is making excellent progress at the extremely prospective GT Prospect (historical trench result of 25m @ 2.57g/t Au). As announced on 23 April 2021, holes completed as part of the initial drilling program at the CT Prospect have intercepted zones of several-metre-wide quartz veins with visible tourmaline-pyrite-chalcopyrite-galena mineralisation. Trenching at the Dragon Prospect in the north of the Chakata tenement is also progressing well. With half the nine trench, 2,400m program completed, Megado's team has reported observations of highly mineralised quartz veins and instances of rocks with visible gold. The first samples for both Chakata's drilling and trenching programs have arrived in Perth for analysis as prepared pulps ready for final assays. The Company eagerly awaits these results and expects to release them to the market in the coming weeks. The maiden drilling program at Babicho sought to confirm the area's potential to host significant gold mineralisation. The program consisted of five drillholes for a total of 1,207m. The early returns for Megado have been extremely encouraging with wide zones of gold mineralisation intercepted below trenching, including 4m @ 1.97g/t Au, within 11m @ 0.81g/t Au returned from the first drillhole below trench BBTR002 (Megado's recently announced peak trench results of 30m @ 1.27g/t Au including a higher grade interval of 11.1m @ 3.21g/t Au from trench BBTR002). The core from the drilling program exhibited many of the attributes noted in the lithology, alteration and mineralisation of the Lega Dembi and Sakaro gold deposits (>3Moz Au), situated along strike to the south. In addition to the encouraging gold results from hole BBDD001, there was also a strong visually mineralised interval of a highly silicified schist (from 101m to 120m), hosting quartz veins with pyrite (3%) and chalcopyrite (<1%), which indicate a zone of mineralisation dipping moderately to the east and apparently plunging to the north. Megado is eager to pursue comprehensive trenching and drilling programs throughout CY2021 to test this north trending plunge.공시 • May 08Megado Gold Provides Results from the Babicho Gold Project, Located in the Adola Gold Belt in Southern EthiopiaMegado Gold provided results from the Company's Babicho Gold Project, located in the Adola Gold Belt in southern Ethiopia. Results from Megado's recent trenching program at Babicho have returned encouraging instances of gold mineralisation peaking at 30m @ 1.27g/t Au including a higher grade interval of 11.1m @ 3.21g/t Au from trench BBTR002. Hole BBDD001, completed after the trench was dug, included a strong visually mineralised interval of a highly silicified schist hosting quartz veins with pyrite (3%) and chalcopyrite (<1%), which indicate a zone of mineralisation dipping moderately to the east and apparently plunging to the north. Results from BBDD001 and the other drillholes completed at Babicho are expected shortly. Importantly for the Company, wide zones of quartz veining upwards of 10-20m have been consistently intersected along a strike of 1.5km in trenches and the drillholes. As the Company announced on 5 November 2020, historical soil sampling at Babicho delineated a coherent and highly significant 2km long gold-in-soil anomaly. This anomaly coincides with the major N-S trending shear zone that hosts the Lega Dembi and Sakaro gold deposits (>3.0Moz). Historical work included four trenches and four shallow drill holes with results headlined by 10m @ 3.5g/t Au and 1m @ 35.3g/t Au (from trenches TR-C6 and TR-C5 respectively). Megado's preliminary fieldwork on the soil anomaly confirmed Babicho's potential to host significant gold mineralisation. To test the theory, the team devised an initial ten trench program of some 989m dug over a 2km span. The program's goal centred on testing the western margin of the Silingo Shear Zone. The trenching results suggest highly encouraging and broad gold mineralisation. Megado has completed an initial drilling program at Babicho; assay results are still pending. Megado is highly encouraged by highly silicified schist hosting quartz veins with pyrite (3%) and chalcopyrite (<1%) intersected in drilling, particularly in hole 1 (BBDD001) underneath trench BBTR002 (11.1m @ 3.21g/t Au). Once final drill results are available and have been reviewed, Megado will update the market. Planned Follow-up Activities As noted in the 5 November 2020 announcement, Megado intends to fully test Babicho's high-order soil anomaly along its length and into previously unexplored areas. These first results justify this approach in identifying the characteristics of this highly prospective structure, as well as providing targets for future drilling programs throughout CY2021 and beyond. The immediate focus for Babicho is to follow-up these encouraging results with a more extensive trenching and subsequent drilling program. Megado intends to commence a 10 trench, 5,000m program in May 2021. Specific focus will be applied to the areas directly north and south of BBTR001 in order to clarify the extent of the mineralisation in this zone. Furthermore, numerous targets remain untested. The first phase trenching focused on the western margin of the Silingo Shear Zone. Future programs in and around the Silingo Shear Zone will target the soil anomalies to the south and southeast and its eastern margin, as well as all of the Biloya Shear both constitute the Babicho Shear, which itself is part of the broader Lega Dembi-Sakaro Shear Zone within the Adola Gold Belt. The expectation is that the second phase trenching program will continue to provide credence to the Company's thesis that the mineralisation evidenced at Babicho has the potential to host gold deposits of significant scale. Trenching will also be followed shortly thereafter with a second drilling campaign intended to delineate mineralisation extents. This drilling will likely commence in Second Quarter CY 2021.공시 • Feb 18Megado Gold Limited Provides an Update of its Field Activities at Chakata Gold ProjectMegado Gold Limited provided an update of its field activities at the company's Chakata Gold Project. As the company reported, historical exploration has provided walk-up, drill-ready targets at the Chakata Gold Project. Historical trenching at Chakata's GT Prospect returned an impressive 47m @ 1.55g/t Au, including 25m @ 2.57g/t Au, with no known drill testing at depth beneath the trench or down plunge. In addition, the company’s geologists have delineated additional targets considered to be highly prospective. The company believes there is significant potential for repeat, blind, high-grade plunging shoots. Such shoots are characteristically similar to the Sakaro deposit, within a locally north-northeast divergent 2.5km+ strike length structural splay at the GT Prospect. Previous exploration efforts at Chakata do not appear to have adequately led to a full understanding of its mineralization potential, resulting in minimal drilling of what appear to be obvious high priority prospects. Of the limited historical drilling previously conducted within the tenement, intercept highlights include: 2m @ 11.15g/t Au and 0.6m @ 6.47g/t Au. The company is well-positioned to build upon the previous work and looks forward to sharing results with the market shortly. The company is excited to drill test a number of possible controls to gold mineralization in this southern portion of the Chakata tenement. Recent field work by the company has identified numerous structures and stockwork vein zones at the GT Prospect that trend parallel to historical drilling and trenching. This is significant, as previous workers were focused on testing the north-northeast trending primary structure by trenching and drilling along east-southeast lines, whereas the company field observations show mineralization is locally trending east-southeast. Previous historical trenching and sporadically drilling parallel to these structures highly likely explains their sporadic historical intercepts. The company drilling at this target will orient drilling perpendicular to these local structures and test a much broader zone of mapped intense alteration and veining. In addition to this, drill targets also include follow-up to open historical trench and drill results (e.g. 25m @ 2.57g/t Au and 2m @ 11.15g/t Au respectively), as well as expanding on historical results at the Contact Target. This initial drill program at Chakata (10 holes for approximately 1,500m) will be highly flexible to observations from the drilling and be modified accordingly as drilling proceeds and reflecting the numerous structural settings and deposit styles observed at Chakata all the which make the area very prospective for gold, given that it is along strike from Sakaro being a blind high-grade gold deposit less than 15km along strike to the north. The first phase drilling program has been completed at the Babicho Gold Project. The program consisted of five drill holes for a total of 1,207m. The samples have been prepared and transported to ALS. Results are expected by the end of First Quarter and will be reported as soon as possible.공시 • Dec 02Maiden Commences Drilling at Babicho Gold ProjectMegado Gold announced that its maiden drilling program has commenced at the Company's Babicho Gold Project, located in the Adola Gold Belt in southern Ethiopia. Program objective to test >2km coherent gold-in-soil anomaly with six drill holes planned for a total of approximately 1,100 metres Historical trench sampling indicates potential for Babicho to host both high-grades and substantial widths of gold mineralisation. Extensive trenching program continues at Babicho. The first target is a shear zone located in the hinge of a WSW-ESE trending synform that is expressed at surface by a WNW-ESE-trending creek. The limbs of the folds are dominated by meta-basalts and/or other meta-volcanics. Within the meta-basalts/volcanics, cross-cutting and foliation-parallel quartz veins are present, these quartz veins are also present within the shear zone. Local artisanal miners selectively target quartz veins to mine, crush, and pan gold, with anecdotal reports of gold nuggets exposed in these veins. The second target is centred on Trench 6, excavated by previous workers. This trench exposed the highest gold grades from the historical trenching program. A single drill hole was completed here historically, however, it was collared approximately 90m to the south of the trench and recent mapping by Megado geologists suggests that the drill hole remained in meta-basalt/volcanics in the synformal limb and did not penetrate into the more prospective hinge zone, interpreted as hosting the auriferous shear. Megado's drill program is designed to test the possible down-dip continuation of the mineralization within the shear intersected in Trench 6. In parallel to the drilling program, a new phase of trenching is also underway. Megado intends to fully test the high-order soil anomaly at Babicho along its length and also into previously ignored areas of the anomaly. This target generation phase of work will lead to continued drilling into current year 2021. Upon completion of the initial drilling phase at Babicho, the team will immediately deploy the drill rig to Chakata. This program will test a number of targets, including the GT Prospect.공시 • Oct 29Megado Gold Limited Announces Appointment of Michael Gumbley as DirectorMegado Gold Limited announced appointment of Michael Gumbley as Director of the company. Date of appointment is March 8, 2019.주주 수익률MEGAU Metals and MiningAU 시장7D-10.5%-1.7%0.08%1Y21.4%54.5%3.1%전체 주주 수익률 보기수익률 대 산업: MEG은 지난 1년 동안 54.5%의 수익을 기록한 Australian Metals and Mining 산업보다 저조한 성과를 냈습니다.수익률 대 시장: MEG은 지난 1년 동안 3.1%를 기록한 Australian 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is MEG's price volatile compared to industry and market?MEG volatilityMEG Average Weekly Movement13.2%Metals and Mining Industry Average Movement12.1%Market Average Movement10.5%10% most volatile stocks in AU Market17.5%10% least volatile stocks in AU Market4.3%안정적인 주가: MEG는 지난 3개월 동안 Australian 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: MEG의 주간 변동성(13%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트2019n/an/amegadominerals.com메가도 미네랄은 호주, 미국, 캐나다, 에티오피아에서 광물 탐사 회사로 운영되고 있습니다. 희토류 원소와 리튬을 탐사합니다. 메가도 미네랄은 이전에 메가도 골드 리미티드로 알려졌으며 2022년 7월에 메가도 미네랄 리미티드로 사명을 변경했습니다.더 보기Megado Minerals Limited 기초 지표 요약Megado Minerals의 순이익과 매출은 시가총액과 어떻게 비교됩니까?MEG 기초 통계시가총액AU$12.25m순이익 (TTM)-AU$1.18m매출 (TTM)n/a0.0x주가매출비율(P/S)-10.4x주가수익비율(P/E)MEG는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표MEG 손익계산서 (TTM)매출AU$0매출원가AU$0총이익AU$0기타 비용AU$1.18m순이익-AU$1.18m최근 보고된 실적Dec 31, 2025다음 실적 발표일해당 없음주당순이익(EPS)-0.0016총이익률0.00%순이익률0.00%부채/자본 비율0%MEG의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/23 23:12종가2026/05/21 00:00수익2025/12/31연간 수익2025/12/31데이터 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 소스Megado Minerals 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.
공시 • Apr 10Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.65 million.Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.65 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 75,000,000 Price\Range: AUD 0.02 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,500,000 Price\Range: AUD 0.02 Security Features: Attached Options Transaction Features: Subsequent Direct Listing
공시 • Apr 07Megado Minerals Limited, Annual General Meeting, May 07, 2026Megado Minerals Limited, Annual General Meeting, May 07, 2026. Location: level 3, 480 collins street, melbourne vic 3000 Australia
Board Change • Apr 04Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Adrien Wing was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Mar 14New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$14.2m (US$9.93m) 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 Earnings have declined by 8.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$14.2m market cap, or US$9.93m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end).
New Risk • Mar 06New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (AU$17.4m market cap, or US$12.2m).
Board Change • Mar 03Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Brad Drabsch is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Adrien Wing was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
공시 • Apr 10Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.65 million.Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.65 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 75,000,000 Price\Range: AUD 0.02 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,500,000 Price\Range: AUD 0.02 Security Features: Attached Options Transaction Features: Subsequent Direct Listing
공시 • Apr 07Megado Minerals Limited, Annual General Meeting, May 07, 2026Megado Minerals Limited, Annual General Meeting, May 07, 2026. Location: level 3, 480 collins street, melbourne vic 3000 Australia
Board Change • Apr 04Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Adrien Wing was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Mar 14New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$14.2m (US$9.93m) 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 Earnings have declined by 8.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$14.2m market cap, or US$9.93m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end).
New Risk • Mar 06New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (AU$17.4m market cap, or US$12.2m).
Board Change • Mar 03Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Brad Drabsch is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Adrien Wing was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
New Risk • Dec 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 8.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (106% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$20.0m market cap, or US$13.3m).
New Risk • Sep 11New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$14.2m (US$9.38m) 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 (21% average weekly change). Earnings have declined by 8.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (154% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$14.2m market cap, or US$9.38m).
공시 • Jul 03Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.78 million.Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.78 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 39,000,000 Price\Range: AUD 0.02 Transaction Features: Subsequent Direct Listing
공시 • Jun 14Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.6 million.Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.6 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 38,000,000 Price\Range: AUD 0.012 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 12,000,000 Price\Range: AUD 0.012 Transaction Features: Subsequent Direct Listing
공시 • Jun 13Megado Minerals Limited (ASX:MEG) completed the acquisition of 80% stake in Iberian Copper Pty Ltd.Megado Minerals Limited (ASX:MEG) agreed to acquire 80% stake in Iberian Copper Pty Ltd on November 5, 2024. The consideration consists of 175 million common equity of Megado Minerals Limited to be issued for common equity, 175 million Class A Performance Rights of Megado Minerals Limited to be issued for common equity and 175 million Class B Performance Rights of Megado Minerals Limited to be issued for common equity of Iberian Copper Pty Ltd. The transaction is subject to approval of offer by acquirer shareholders and subject to shareholder approval. The Directors of Megado expect to convene an Extraordinary General Meeting of the members of the Company in mid-December 2024 or early January 2025. Megado Minerals Limited (ASX:MEG) completed the acquisition of 80% stake in Iberian Copper Pty Ltd on June 13, 2025.
공시 • Apr 04Megado Minerals Limited, Annual General Meeting, May 29, 2025Megado Minerals Limited, Annual General Meeting, May 29, 2025.
New Risk • Mar 22New 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$947k 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$947k free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 6.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Revenue is less than US$1m (AU$9.6k revenue, or US$6.0k). Market cap is less than US$10m (AU$6.30m market cap, or US$3.95m).
New Risk • Jan 21New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 65% 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 Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 5.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$5.88m market cap, or US$3.69m).
공시 • Dec 12Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.526732 million.Megado Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.526732 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,603,438 Price\Range: AUD 0.012 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 106,624,266 Price\Range: AUD 0.012 Transaction Features: Rights Offering
공시 • Nov 06Megado Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.526733 million.Megado Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.526733 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 127,227,779 Price\Range: AUD 0.012 Transaction Features: Rights Offering
공시 • Nov 05Megado Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.6 million.Megado Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.6 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 38,000,000 Price\Range: AUD 0.012 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 12,000,000 Price\Range: AUD 0.012 Transaction Features: Subsequent Direct Listing
공시 • Apr 10Megado Minerals Limited, Annual General Meeting, May 31, 2024Megado Minerals Limited, Annual General Meeting, May 31, 2024. Agenda: To consider the election of Directors.
공시 • Feb 16+ 1 more updateMegado Minerals Limited Announces Resignation of Ben Pearson as Managing Director, Effective 16 May 2024Megado Minerals Limited announced the impending departure of Managing Director, Mr. Ben Pearson. Mr. Pearson has provided the Company with 3 months' notice and will step down from his role on 16 May 2024. Mr. Pearson will continue to assist with the execution of the company's exploration strategy during his notice period.
Board Change • Sep 06No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman Brad Drabsch was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
공시 • Jun 01Megado Minerals Limited Appoints Benjamin Pearson as DirectorMegado Minerals Limited reported Results of Annual General Meeting and approved Election of Director - Benjamin Pearson.
공시 • Feb 17Megado Minerals Limited Announces Management ChangesMegado Minerals Limited announced Board and Management Changes. Current CEO, Mr. Ben Pearson, has been appointed Managing Director of the Company. Ben joined Megado in June 2022, bringing over 17 years' experience in the industry specialising in environment and social impact assessment, pollution control and toxicology. His management experience involves senior positions with non-government organisations, environmental regulators, consultancies, academia, and private industry. The key terms of Ben's remuneration are as follows: Commencement date of 13 February 2023. Base salary of AUD 264,000 per annum. Termination notice period of 3 months by either party or by the Company paying the equivalent of 3 months' notice in lieu of service; and The issue of 1,000,000 unlisted incentive options, exercisable at $0.10 and with an expiry date of 1 March 2027 (subject to shareholder approval). All other executive engagement terms are standard for this type of agreement. Director Resignations Dr. Chris Bowden resigns as a Non-Executive Director effective immediately. Chris will remain with the Company on a full-time basis as Chief Geologist. He will be responsible for advancing all aspects of the Company's technical operations including exploration, development of existing projects and identification of new project opportunities. Mr. Gregory Schifrin will step back from his role as a Non-Executive Director but will remain engaged with Megado as a consultant on an as needs basis. The Board thanks Greg for his contribution to date and looks forward to working with him in the future.
공시 • Jan 17Megado Minerals Limited Provides an Update on Newly Acquired Historical Data North Fork REE ProjectMegado Minerals Limited has recently acquired previously unpublished data relating to its North Fork Rare Earths Elements (REE) Project, located in Idaho, USA. The historical rock sample assay data (35 samples in total) was identified by Megado Non-Executive Director Mr. Greg Schifrin and is understood to have been collected by US Rare Earths LLC as part of exploration activities conducted in 2013. The data set includes several rock samples collected around Lower Lee Buck and Upper Lee Buck. They reveal a corridor that looks highly prospective. Sampling this corridor will be a priority for the next field season in preparation for drill testing. The data and high TREE results over Silver King further strengthens the case for a planned drilling program for 2023. A Plan of Operation for a proposed drilling program at Silver King was recently submitted to the U.S. Forest Service for their consideration.
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. 5 non-independent directors. Non-Executive Director Greg Schifrin 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 • Sep 15Megado Minerals Limited Provides an Update on North Fork Rare Earths ProjectMegado Minerals provided an update on activities associated with its North Fork Rare Earths Project, located in Idaho, USA. Rock sample results have been received from reconnaissance sampling at Dutchler Mountain and Silver King Prospect. All elements assayed are included on the US Government's 2022 List of Critical Minerals. Samples from the newly discovered Dutchler Prospect, approximately 300m east of the Silver King Prospect, returned up to 2.41% TREO including 0.58% Nd-Pr. The extent of the outcropping mineralised vein network at Dutchler is not yet known, with further mapping and sampling activities in the coming months to better define its extent. The Silver King prospect is known to consist of two (2) dike/sills (North & South) of 210 and 170 meters in strike length which are exposed at the surface. Historic channel sampling at Silver King returned elevated concentrations of TREO with the North and South vein returning assay grades of 10.3% and 5.8% TREO respectively. Historic exploration suggested that these 2 dikes/sills are related and may be the same vein offset by faulting. The relationship between these veins remains to be determined and will be clarified by Megado's future exploration work. Exploration and sampling activities on the North Fork Project have been delayed by an extensive fire in the Salmon-Challis National Forest. The fire continues to hamper access to the project area. The company is liaising with the relevant authorities to obtain access as soon as possible. The North Fork claims are located approximately 40km (25 miles) northwest of Salmon, Idaho and consist of 499 unpatented/patented BLM mining lode claims. The North Fork Project has several prospect areas warranting further exploration. North Fork 499 claims (granted and in application) cover approximately 10,309 acres (42km2) with outcropping, high- grade, rare-earth element (REE) mineralised rock. North Fork contains multiple carbonatite-hosted, high-grade, REE mineralised veins that have been observed at surface across numerous prospects over 10km along strike. Previous exploration has returned exceptional grades in channel samples (see previous ASX release): Silver King Prospect: 2m @ 10.3% TREO incl. 1.2% CREO1; and 2m @ 5.8% TREO; and 1.52m @ 17.7% TREO. Jackpot Prospect: 0.76m @ 21.5% TREO; and 0.76m @ 14.5% TREO. Monazite Queen Prospect: 0.91m @ 21% TREO; and 3m @ 2.16% TREO.
공시 • Jun 23Megado Gold Limited (ASX:MEG) completed the acquisition of Felix Strategic Minerals Pty Ltd.Megado Gold Limited (ASX:MEG) entered into definitive agreement to acquire Felix Strategic Minerals Pty Ltd from The Olsen Family Trust, Brown Bricks Pty Ltd, Principal Global Investments Pty Ltd, ING Investment Fund Pty Ltd, Global Consortium Holdings Pty Ltd, Okawari Consortium Pty Ltd, J Stimpson Pty Ltd and James Baughman on April 14, 2022. Megado Gold will issue 32 million fully paid ordinary shares and 5 million options. Megado Gold Limited (ASX:MEG) completed the acquisition of Felix Strategic Minerals Pty Ltd from The Olsen Family Trust, Brown Bricks Pty Ltd, Principal Global Investments Pty Ltd, ING Investment Fund Pty Ltd, Global Consortium Holdings Pty Ltd, Okawari Consortium Pty Ltd, J Stimpson Pty Ltd and James Baughman on June 21, 2022.
공시 • Jun 16+ 2 more updatesMegado Gold Limited Appoints Ben Pearson as CEOMegado Gold Limited appointed new CEO, Ben Pearson. Ben has over 17 years' experience in industry specialising in environmental impact assessment, pollution control and toxicology. His management experience involves senior positions with non-government organisations, environmental regulators, consultancies, academia and private industry. Ben has project managed several large-scale infrastructure projects throughout his career including regional water supply schemes, open cut and underground coal mines, wastewater treatment facilities and several major road projects. In 2018, Ben established Oteba Pty Ltd. to provide specialist advice for junior mining companies. Recent projects include work for Black Rock Mining, Marimaca, OKLO Resources and Emmerson PLC.
공시 • May 31Megado Gold Limited Announces Resignation of Marta Luisa Ortiz Ortega as A Non-Executive Director of the Company Effective Tuesday, 31 May 2022Megado Gold Limited announced that Ms. Marta Luisa Ortiz Ortega has resigned as a Non-Executive Director of the Company effective Tuesday, 31 May 2022. The Board of Directors would like to thank Ms. Ortiz Ortega for her contribution to the Company since October 2020 and wishes her all the best in her future endeavours.
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. 5 non-independent directors. Non-Executive Director Marta Ortega was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Apr 15Megado Gold Limited (ASX:MEG) entered into definitive agreement to acquire Felix Strategic Minerals Pty Ltd.Megado Gold Limited (ASX:MEG) entered into definitive agreement to acquire Felix Strategic Minerals Pty Ltd on April 14, 2022.
공시 • Feb 17Megado Gold Limited Provides Updates from the Babicho Gold Project, Located in the Adola Gold Belt in EthiopiaMegado Gold Limited provided updates from the company's Babicho gold project, located in the Adola gold belt in Ethiopia. Babicho gold project's second phase trenching program has been completed trenching results confirm >3km of continuous mineralization along strike at the Roba Shakiso prospect. Trenching results returned indicate broad gold mineralization: BBTR025: 1m @ 13.75g/t Au (within 4m @ 3.67g/t Au), BBTR018: 4m @ 1.67g/t Au (within 21m @ 0.63g/t Au), BBTR017: 1m @ 2.44g/t Au (within 24m @ 0.32g/t Au) & 1m @ 1.25g/t Au, BBTR019: 1m @ 2.39g/t Au (within 21m @ 0.31g/t Au), BBTR021: 2m @ 1.54g/t Au (within 12m @ 0.42g/t Au), BBTR035: 1m @ 2.10g/t Au (within 15m @ 0.55g/t Au), Geological observations from drill holes and trenching indicate similar alteration and mineralization to that observed at nearby Lega Dembi and Sakaro deposits (>3Moz Au) Quartz veining with visible sulphides (pyrite) up to 7m wide within broad alteration zones 20-30m wide observed across trenching and drilling programs thus far trenching proximal to peak drilling result BBDD001 which ran 4.1m @ 1.97g/t Au (within 11m @ 0.79g/t Au) from 98m under trench BBTR001 (11.1m @ 3.21g/t Au).
공시 • Sep 24Megado Gold Limited Provides an Update on Progress at its Chakata Gold Project, Located in the Adola Gold Belt in Southern EthiopiaMegado Gold Limited provide an update on progress at the Company's Chakata Gold Project, located in the Adola Gold Belt in southern Ethiopia. Six diamond drill holes totalling 1,122m were completed at the Chakata Gold Project's GT Prospect. The results from this first drilling program are extremely encouraging, highlighted by hole CKDD010 which, as reported previously, returned assays of 11m @ 2.88 g/t Au from 22m. The drilling program itself targeted mineralisation along strike and down-dip from the outcrops hosting high-grade rock chips of 4.40g/t Au and 4.17g/t Au. The program also followed up historically reported trench results highlighted by a historical trench interval of 25m @ 2.57g/t Au a program which had no known drill testing at depth beneath the trench or down plunge. Most importantly, these initial results at GT Prospect support Megado's thesis that the limited previous work at Chakata misinterpreted its geology. Megado's fieldwork identified numerous structures and stockwork vein zones at the GT Prospect that trend parallel to historical drilling and trenching. Previous efforts focused on testing the north-northeast trending primary structure by trenching and drilling along east-southeast lines. In contrast, Megado's field observations showed mineralisation locally trends east-northeast. Previous historical trenching and drilling sub-parallel to these structures likely explains their sporadic historical intercepts. Consequently, Megado drilling at GT Prospect oriented to test these local structures and a much broader zone of mapped intense alteration and veining thereby yielding these strong initial results. Moreover, CKDD012 and CKDD013 were drilled towards the south, testing an alternate hypothesis to mineralisation. The lack of significant gold results in these holes further bolsters the initial understanding Megado has of the system. It also increases the confidence to follow-up the mineralisation trend the team has identified from CKDD010, through WTR1, and at surface continuing to the north-east. Megado has a high degree of confidence of having identified the controls to gold mineralisation at GT. The team will continue its field reconnaissance to gather as much surface and drill core structural data to assist in building a 3D model of gold mineralisation. Follow-up drill programs are being planned for after the rainy season, and will be targeting the down dip and down-plunge extensions to the known mineralisation, including untested repeating sub-paralleling structures, evident from mapping and rock sample assays. Moreover, Megado's work at Chakata is in its infancy. The area drill-tested thus far at the GT Prospect represents a mere fraction of the more than 9km of strike that extends through the tenement towards the Sakaro and Lega Dembi gold mines, which have produced >3Moz gold. Moreover, drill core at both the CT and GT Prospects consistently produced zones of intense mineralisation similar to that reported at Lega Dembi, including strongly sericite-fuchsite altered and silicified metagranodiorite hosting quartz veins containing up to 3% sulphides (pyrite, chalcopyrite and pyrrhotite). There remains much work to be completed to test these quartz veins further. Megado will update the market regularly with what it expects to be exciting progress.
공시 • Jun 10Megado Gold Provides Update on Progress Across the Chakata Gold Project, Located in the Adola Gold Belt in Southern EthiopiaMegado Gold provided an update on progress across the Company's Chakata Gold Project, located in the Adola Gold Belt in southern Ethiopia. Megado has received the first series of rock sample results from its Chakata Gold Project. These rock results are extremely encouraging, of note at the Contact Prospect, where Megado recently completed its first drilling program at Chakata, peak rock results returned 15.55g/t Au, 5.10g/t Au, and 3.73g/t Au. This is also where a historical drill program from the 1990's returned 2m @ 11.15g/t Au. Rocks from the newly defined Dragon Prospect have returned an impressive 5.94g/t Au, 4.21g/t Au, and 2.35g/t Au. Then at the GT Prospect, where drilling commenced on 21 May 2021, rock results were highlighted by 4.40g/t Au and 4.17g/t Au. The previously announced trenching campaign continues at Chakata's Dragon Prospect. The strong rock results from Dragon (see above) provide additional encouragement to a trenching program that has already produced several exciting findings. Of particular note, the first trench at Dragon revealed quartz veins and instances of rocks with visible gold. Megado's team has continued to observe mineralisation at Dragon throughout the trenching program, including sheared and highly altered metagranodiorite with amphibolite and mica schists hosting 20-30m wide shear zone related quartz veins with tourmaline-pyrite-chalcopyrite-(+/-bornite, +/-azurite)-galena mineralisation (e.g. CKTR003 from 0m). The geological team interprets that the Dragon Prospect is situated on a structure identical to that which hosts the high-grade Sakaro deposit along strike to the north. Megado has completed its first drilling program at the Contact Prospect within the Chakata Gold Project. This first phase consisted of seven holes for a total of 1,208m. Significantly, these holes were targeted at outcrops where the high-grade rocks referred to above were taken. As announced on 22 April 2021, holes completed as part of this drilling program have intercepted zones of several-metre-wide quartz- tourmaline veins with visible (up to 3%) pyrite-chalcopyrite-galena mineralisation (e.g. CKDD005 from 70m to 95m - assays pending). The Company is encouraged by this as gold rich zones at the nearby Lega Dembi and Sakaro gold deposits (>3Moz) display a similar assemblage and mineralisation. Immediately upon completion of drilling at the Contact Prospect, Megado commenced its next drilling program at the nearby GT Prospect. The drilling program at GT Prospect is targeting mineralisation along strike and down-dip from the outcrops hosting the high-grade rock chips referred to above as well as following up historically reported trench results (highlighted by a historical trench interval of 25m @ 2.57g/t Au). The early drill core from the GT Prospect shows zones of strongly silicified metagranodiorite hosting quartz veins containing up to 3% sulphides (pyrite, chalcopyrite and pyrrhotite).
공시 • May 21Megado Gold Provides Drilling Results from the Babicho Gold Project, Located in the Adola Gold Belt in Southern EthiopiaMegado Gold provided drilling results from the Company's Babicho Gold Project, located in the Adola Gold Belt in southern Ethiopia. Visually mineralised core from Megado's maiden drilling program at Babicho has returned highly encouraging gold mineralisation, peaking at 11m @ 0.81g/t Au (inc. 4m @ 1.97g/t Au) from drillhole BBDD001 (from 98m). Importantly for the Company, wide zones of quartz veining upwards of 10-20m have also been consistently intersected along a strike of 1.5km in trenches and drillholes. The initial drilling phase at the Babicho Gold Project has achieved its goal of demonstrating ore width and grade gold mineralisation with similar characteristics to the >3Moz Lega Dembi deposit 50km along strike to the south. Aside from sporadic trenching and drilling historically, very little work has been done explaining the presence of the continuous, high tenor gold in soil anomaly that typifies the Babicho project. Megado has only scratched the surface in this proof-of-concept maiden drilling programme and now plans to fully explore the Babicho Project using systematic and proven methods. As announced on 6 May 2021, Megado's next phase at Babicho is an ambitious trenching program of 5,000m. The Company anticipates the forward trenching program will substantially improve understanding of the controls to mineralisation and provide a better planned forward drill program testing gold mineralisation down plunge and along strike. In addition to the work at Babicho, Megado continues to advance exploration activities at its Chakata Gold Project. The first series of diamond drillholes has been completed at the CT Prospect and the drilling program is making excellent progress at the extremely prospective GT Prospect (historical trench result of 25m @ 2.57g/t Au). As announced on 23 April 2021, holes completed as part of the initial drilling program at the CT Prospect have intercepted zones of several-metre-wide quartz veins with visible tourmaline-pyrite-chalcopyrite-galena mineralisation. Trenching at the Dragon Prospect in the north of the Chakata tenement is also progressing well. With half the nine trench, 2,400m program completed, Megado's team has reported observations of highly mineralised quartz veins and instances of rocks with visible gold. The first samples for both Chakata's drilling and trenching programs have arrived in Perth for analysis as prepared pulps ready for final assays. The Company eagerly awaits these results and expects to release them to the market in the coming weeks. The maiden drilling program at Babicho sought to confirm the area's potential to host significant gold mineralisation. The program consisted of five drillholes for a total of 1,207m. The early returns for Megado have been extremely encouraging with wide zones of gold mineralisation intercepted below trenching, including 4m @ 1.97g/t Au, within 11m @ 0.81g/t Au returned from the first drillhole below trench BBTR002 (Megado's recently announced peak trench results of 30m @ 1.27g/t Au including a higher grade interval of 11.1m @ 3.21g/t Au from trench BBTR002). The core from the drilling program exhibited many of the attributes noted in the lithology, alteration and mineralisation of the Lega Dembi and Sakaro gold deposits (>3Moz Au), situated along strike to the south. In addition to the encouraging gold results from hole BBDD001, there was also a strong visually mineralised interval of a highly silicified schist (from 101m to 120m), hosting quartz veins with pyrite (3%) and chalcopyrite (<1%), which indicate a zone of mineralisation dipping moderately to the east and apparently plunging to the north. Megado is eager to pursue comprehensive trenching and drilling programs throughout CY2021 to test this north trending plunge.
공시 • May 08Megado Gold Provides Results from the Babicho Gold Project, Located in the Adola Gold Belt in Southern EthiopiaMegado Gold provided results from the Company's Babicho Gold Project, located in the Adola Gold Belt in southern Ethiopia. Results from Megado's recent trenching program at Babicho have returned encouraging instances of gold mineralisation peaking at 30m @ 1.27g/t Au including a higher grade interval of 11.1m @ 3.21g/t Au from trench BBTR002. Hole BBDD001, completed after the trench was dug, included a strong visually mineralised interval of a highly silicified schist hosting quartz veins with pyrite (3%) and chalcopyrite (<1%), which indicate a zone of mineralisation dipping moderately to the east and apparently plunging to the north. Results from BBDD001 and the other drillholes completed at Babicho are expected shortly. Importantly for the Company, wide zones of quartz veining upwards of 10-20m have been consistently intersected along a strike of 1.5km in trenches and the drillholes. As the Company announced on 5 November 2020, historical soil sampling at Babicho delineated a coherent and highly significant 2km long gold-in-soil anomaly. This anomaly coincides with the major N-S trending shear zone that hosts the Lega Dembi and Sakaro gold deposits (>3.0Moz). Historical work included four trenches and four shallow drill holes with results headlined by 10m @ 3.5g/t Au and 1m @ 35.3g/t Au (from trenches TR-C6 and TR-C5 respectively). Megado's preliminary fieldwork on the soil anomaly confirmed Babicho's potential to host significant gold mineralisation. To test the theory, the team devised an initial ten trench program of some 989m dug over a 2km span. The program's goal centred on testing the western margin of the Silingo Shear Zone. The trenching results suggest highly encouraging and broad gold mineralisation. Megado has completed an initial drilling program at Babicho; assay results are still pending. Megado is highly encouraged by highly silicified schist hosting quartz veins with pyrite (3%) and chalcopyrite (<1%) intersected in drilling, particularly in hole 1 (BBDD001) underneath trench BBTR002 (11.1m @ 3.21g/t Au). Once final drill results are available and have been reviewed, Megado will update the market. Planned Follow-up Activities As noted in the 5 November 2020 announcement, Megado intends to fully test Babicho's high-order soil anomaly along its length and into previously unexplored areas. These first results justify this approach in identifying the characteristics of this highly prospective structure, as well as providing targets for future drilling programs throughout CY2021 and beyond. The immediate focus for Babicho is to follow-up these encouraging results with a more extensive trenching and subsequent drilling program. Megado intends to commence a 10 trench, 5,000m program in May 2021. Specific focus will be applied to the areas directly north and south of BBTR001 in order to clarify the extent of the mineralisation in this zone. Furthermore, numerous targets remain untested. The first phase trenching focused on the western margin of the Silingo Shear Zone. Future programs in and around the Silingo Shear Zone will target the soil anomalies to the south and southeast and its eastern margin, as well as all of the Biloya Shear both constitute the Babicho Shear, which itself is part of the broader Lega Dembi-Sakaro Shear Zone within the Adola Gold Belt. The expectation is that the second phase trenching program will continue to provide credence to the Company's thesis that the mineralisation evidenced at Babicho has the potential to host gold deposits of significant scale. Trenching will also be followed shortly thereafter with a second drilling campaign intended to delineate mineralisation extents. This drilling will likely commence in Second Quarter CY 2021.
공시 • Feb 18Megado Gold Limited Provides an Update of its Field Activities at Chakata Gold ProjectMegado Gold Limited provided an update of its field activities at the company's Chakata Gold Project. As the company reported, historical exploration has provided walk-up, drill-ready targets at the Chakata Gold Project. Historical trenching at Chakata's GT Prospect returned an impressive 47m @ 1.55g/t Au, including 25m @ 2.57g/t Au, with no known drill testing at depth beneath the trench or down plunge. In addition, the company’s geologists have delineated additional targets considered to be highly prospective. The company believes there is significant potential for repeat, blind, high-grade plunging shoots. Such shoots are characteristically similar to the Sakaro deposit, within a locally north-northeast divergent 2.5km+ strike length structural splay at the GT Prospect. Previous exploration efforts at Chakata do not appear to have adequately led to a full understanding of its mineralization potential, resulting in minimal drilling of what appear to be obvious high priority prospects. Of the limited historical drilling previously conducted within the tenement, intercept highlights include: 2m @ 11.15g/t Au and 0.6m @ 6.47g/t Au. The company is well-positioned to build upon the previous work and looks forward to sharing results with the market shortly. The company is excited to drill test a number of possible controls to gold mineralization in this southern portion of the Chakata tenement. Recent field work by the company has identified numerous structures and stockwork vein zones at the GT Prospect that trend parallel to historical drilling and trenching. This is significant, as previous workers were focused on testing the north-northeast trending primary structure by trenching and drilling along east-southeast lines, whereas the company field observations show mineralization is locally trending east-southeast. Previous historical trenching and sporadically drilling parallel to these structures highly likely explains their sporadic historical intercepts. The company drilling at this target will orient drilling perpendicular to these local structures and test a much broader zone of mapped intense alteration and veining. In addition to this, drill targets also include follow-up to open historical trench and drill results (e.g. 25m @ 2.57g/t Au and 2m @ 11.15g/t Au respectively), as well as expanding on historical results at the Contact Target. This initial drill program at Chakata (10 holes for approximately 1,500m) will be highly flexible to observations from the drilling and be modified accordingly as drilling proceeds and reflecting the numerous structural settings and deposit styles observed at Chakata all the which make the area very prospective for gold, given that it is along strike from Sakaro being a blind high-grade gold deposit less than 15km along strike to the north. The first phase drilling program has been completed at the Babicho Gold Project. The program consisted of five drill holes for a total of 1,207m. The samples have been prepared and transported to ALS. Results are expected by the end of First Quarter and will be reported as soon as possible.
공시 • Dec 02Maiden Commences Drilling at Babicho Gold ProjectMegado Gold announced that its maiden drilling program has commenced at the Company's Babicho Gold Project, located in the Adola Gold Belt in southern Ethiopia. Program objective to test >2km coherent gold-in-soil anomaly with six drill holes planned for a total of approximately 1,100 metres Historical trench sampling indicates potential for Babicho to host both high-grades and substantial widths of gold mineralisation. Extensive trenching program continues at Babicho. The first target is a shear zone located in the hinge of a WSW-ESE trending synform that is expressed at surface by a WNW-ESE-trending creek. The limbs of the folds are dominated by meta-basalts and/or other meta-volcanics. Within the meta-basalts/volcanics, cross-cutting and foliation-parallel quartz veins are present, these quartz veins are also present within the shear zone. Local artisanal miners selectively target quartz veins to mine, crush, and pan gold, with anecdotal reports of gold nuggets exposed in these veins. The second target is centred on Trench 6, excavated by previous workers. This trench exposed the highest gold grades from the historical trenching program. A single drill hole was completed here historically, however, it was collared approximately 90m to the south of the trench and recent mapping by Megado geologists suggests that the drill hole remained in meta-basalt/volcanics in the synformal limb and did not penetrate into the more prospective hinge zone, interpreted as hosting the auriferous shear. Megado's drill program is designed to test the possible down-dip continuation of the mineralization within the shear intersected in Trench 6. In parallel to the drilling program, a new phase of trenching is also underway. Megado intends to fully test the high-order soil anomaly at Babicho along its length and also into previously ignored areas of the anomaly. This target generation phase of work will lead to continued drilling into current year 2021. Upon completion of the initial drilling phase at Babicho, the team will immediately deploy the drill rig to Chakata. This program will test a number of targets, including the GT Prospect.
공시 • Oct 29Megado Gold Limited Announces Appointment of Michael Gumbley as DirectorMegado Gold Limited announced appointment of Michael Gumbley as Director of the company. Date of appointment is March 8, 2019.
