This company is no longer activeThe company may no longer be operating, as it may be out of business. Find out why through their latest events.See Latest EventsDiscovEx Resources (DCX) 주식 개요Engages in the exploration and evaluation of mineral properties in Australia. 자세히 보기DCX 펀더멘털 분석스노우플레이크 점수가치 평가1/6미래 성장0/6과거 실적0/6재무 건전성6/6배당0/6위험 분석주식은 유동성이 매우 낮습니다수익이 USD$1m 미만입니다(A$727)의미 있는 시가총액이 없습니다(A$7M)모든 위험 점검 보기DCX Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueAU$Current PriceAU$0.20해당 없음내재 할인율Est. Revenue$PastFuture-7m952k2016201920222025202620282031Revenue AU$61.3Earnings AU$8.2AdvancedSet Fair ValueView all narrativesDiscovEx Resources Limited 경쟁사Perpetual ResourcesSymbol: ASX:PECMarket cap: AU$12.4mBrazilian Critical MineralsSymbol: ASX:BCMMarket cap: AU$78.4mGold MountainSymbol: ASX:GMNMarket cap: AU$24.7mKula GoldSymbol: ASX:KGDMarket cap: AU$95.7m가격 이력 및 성과DiscovEx Resources 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가AU$0.2052주 최고가AU$0.3052주 최저가AU$0.10베타1.71개월 변동0%3개월 변동0%1년 변동-20.00%3년 변동-66.67%5년 변동-50.00%IPO 이후 변동-94.74%최근 뉴스 및 업데이트공시 • Jul 02+ 1 more updateDiscovEx Resources Limited Announces Managing Director ChangesLatitude 66 Limited, previously named DiscovEx Resources Limited confirmed that on and from completion of the Takeover Offer, Mr. Grant Coyle has been appointed as Managing Director. Mr. Toby Wellman has resigned from his position as Managing Director as has been re-appointed as Technical Director of the Company.공시 • Apr 26DiscovEx Resources Limited, Annual General Meeting, May 24, 2024DiscovEx Resources Limited, Annual General Meeting, May 24, 2024, at 11:30 W. Australia Standard Time. Location: PKF Boardroom, Level 5 , 35 Havelock Street West Perth Australia Agenda: To consider change to nature and scale of activities; to issue of share to latitude shareholders in consideration for proposed acquisition; to approval issue shares under the public offer; to approval issue options; and to discuss other matters.공시 • Apr 06DiscovEx Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million.DiscovEx Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,000,000 Price\Range: AUD 0.2 Discount Per Security: AUD 0.012공시 • Oct 24DiscovEx Resources Limited, Annual General Meeting, Nov 23, 2023DiscovEx Resources Limited, Annual General Meeting, Nov 23, 2023, at 09:30 W. Australia Standard Time. Location: PKF Boardroom, Level 5 35 Havelock Street, West Perth WA Australia Agenda: To receive and consider the financial statements of the Company for the year ended 30 June 2023, together with the Directors' Report and the Auditor's Report as set out in the Annual Report; to consider Non-binding resolution to adopt Remuneration Report; to consider re-election of Director Heath Hellewell; and to consider additional 10% Placement Capacity.New Risk • Sep 28New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Share price has been highly volatile over the past 3 months (34% average weekly change). Revenue is less than US$1m (AU$183k revenue, or US$117k). Market cap is less than US$10m (AU$8.26m market cap, or US$5.26m).공시 • Feb 09+ 1 more updateSpartan Delivers Bedrock Gold Single Metre Results Up to 4.8G/T AuDiscovEx Resources Limited announce that all composite assay results have been returned from a total of 188 AC holes completed at the Spartan Prospect, part of an 80:20 joint venture with Gateway Mining Limited. The first pass reconnaissance drilling was completed in two phases, consisting of 37 holes within phase one and 151 holes in phase two. Both phases were designed to test down to the fresh bedrock interface beneath and along strike of a 1.3km long +50ppb gold in soil anomaly. Single metre re-splits have also been received from anomalous (>0.1g/t Au) composite samples taken as part of phase one drilling. Results have confirmed bedrock gold mineralisation has been intersected with significant results of 4m@1.24g/t Au from 82m, including 1m@3.42g/t Au from 82m (SPAC016), 1m@1.35g/t Au from 62m (SPAC128) and 1m@1.06g/t Au from 74m (SPAC026). The elevated bedrock results have highlighted three high priority target areas including two coherent "structural"zones of anomalous (>0.1g/t Au) bedrock gold defined over strike lengths of ~650m. Together with the bedrock mineralisation, significant gold has also been intersected within transported overburden with best results of 8m@1.64g/t Au from 29m including 4m@2.82g/t Au from 32m (SPAC017). The relationship between the significant accumulation of gold in transported cover and the bedrock gold at Spartan has not yet been resolved, however the identification of gold within sheared, altered bedrock is encouraging and provides targets for further follow up. Confirmation of the extensive and significant accumulation of near surface gold at Spartan and the bedrock mineralisation beneath it highlights the broader prospectivity of the project area.더 많은 업데이트 보기Recent updates공시 • Jul 02+ 1 more updateDiscovEx Resources Limited Announces Managing Director ChangesLatitude 66 Limited, previously named DiscovEx Resources Limited confirmed that on and from completion of the Takeover Offer, Mr. Grant Coyle has been appointed as Managing Director. Mr. Toby Wellman has resigned from his position as Managing Director as has been re-appointed as Technical Director of the Company.공시 • Apr 26DiscovEx Resources Limited, Annual General Meeting, May 24, 2024DiscovEx Resources Limited, Annual General Meeting, May 24, 2024, at 11:30 W. Australia Standard Time. Location: PKF Boardroom, Level 5 , 35 Havelock Street West Perth Australia Agenda: To consider change to nature and scale of activities; to issue of share to latitude shareholders in consideration for proposed acquisition; to approval issue shares under the public offer; to approval issue options; and to discuss other matters.공시 • Apr 06DiscovEx Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million.DiscovEx Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,000,000 Price\Range: AUD 0.2 Discount Per Security: AUD 0.012공시 • Oct 24DiscovEx Resources Limited, Annual General Meeting, Nov 23, 2023DiscovEx Resources Limited, Annual General Meeting, Nov 23, 2023, at 09:30 W. Australia Standard Time. Location: PKF Boardroom, Level 5 35 Havelock Street, West Perth WA Australia Agenda: To receive and consider the financial statements of the Company for the year ended 30 June 2023, together with the Directors' Report and the Auditor's Report as set out in the Annual Report; to consider Non-binding resolution to adopt Remuneration Report; to consider re-election of Director Heath Hellewell; and to consider additional 10% Placement Capacity.New Risk • Sep 28New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Share price has been highly volatile over the past 3 months (34% average weekly change). Revenue is less than US$1m (AU$183k revenue, or US$117k). Market cap is less than US$10m (AU$8.26m market cap, or US$5.26m).공시 • Feb 09+ 1 more updateSpartan Delivers Bedrock Gold Single Metre Results Up to 4.8G/T AuDiscovEx Resources Limited announce that all composite assay results have been returned from a total of 188 AC holes completed at the Spartan Prospect, part of an 80:20 joint venture with Gateway Mining Limited. The first pass reconnaissance drilling was completed in two phases, consisting of 37 holes within phase one and 151 holes in phase two. Both phases were designed to test down to the fresh bedrock interface beneath and along strike of a 1.3km long +50ppb gold in soil anomaly. Single metre re-splits have also been received from anomalous (>0.1g/t Au) composite samples taken as part of phase one drilling. Results have confirmed bedrock gold mineralisation has been intersected with significant results of 4m@1.24g/t Au from 82m, including 1m@3.42g/t Au from 82m (SPAC016), 1m@1.35g/t Au from 62m (SPAC128) and 1m@1.06g/t Au from 74m (SPAC026). The elevated bedrock results have highlighted three high priority target areas including two coherent "structural"zones of anomalous (>0.1g/t Au) bedrock gold defined over strike lengths of ~650m. Together with the bedrock mineralisation, significant gold has also been intersected within transported overburden with best results of 8m@1.64g/t Au from 29m including 4m@2.82g/t Au from 32m (SPAC017). The relationship between the significant accumulation of gold in transported cover and the bedrock gold at Spartan has not yet been resolved, however the identification of gold within sheared, altered bedrock is encouraging and provides targets for further follow up. Confirmation of the extensive and significant accumulation of near surface gold at Spartan and the bedrock mineralisation beneath it highlights the broader prospectivity of the project area.공시 • Jan 31DiscovEx Resources Limited Provides Sylvania Exploration UpdateDiscovEx Resources Limited announced that statutory approvals have been received from the Department of Mines, Industry Regulation and Safety relating to the grant of E52/3887 within the Sylvania Project, Newman WA. The tenement is located on the southern margin of the Archaen Sylvania Inlier and is prospective for gold and base metal mineralisation. Following the grant of the tenement, exploration activities were immediately started including the completion of a gravity survey at the Murphy's Prospect. The survey identified potential Archaen greenstone within the Sylvania Inlier, with this prospective geology located close to the contact with the overlying sediments of the Bangemall Basin. The location of this prospect area issignificant given the 2.29Moz Karlawinda Deposit 2 is located in a geologically analogous position approximately 57km to the east. Historic drill defined gold mineralisation at the Jim's Vein and Deadmans Hill prospects in neighbouring tenure are also located in a similar setting, approximately15km to the east and 5km to the west respectively. The E52/3887 tenement straddles the southern margin of the Sylvania Inlier, ~5km east of theDeadman's Hill greenstone belt and ~57km west of the Karlawinda Gold Project. The majority of the southern margin is obscured by recent transported sands and alluvium, making it difficult to determine exactly where the Sylvania Inlier is in contact with the overlying Fortescue Groupand Bangemall Basin sediments. To provide additional confidence to the existing airborne magnetics data, a gravity survey was completed to confirm the location of this contact as well as providing additional information on a 2.5km long by 2km wide magnetic anomaly north of the interpreted contact.Results from the gravity survey, which was completed on 250m x 250m centres have confirmed the location of the Sylvania Inlier contact and also generated a gravity high north of the contact, coincident with the magnetic anomaly. These two elevated geophysical responses are interpreted asrepresenting buried Archaen greenstone of the Sylvania Inlier and is a significant target area that will be drill tested once heritage and statutory compliance approvals have been received. Geochemical sampling was completed at the Contact Prospect and included 37 surface sampleassayed for a full suite of geochemical elements. Rock chips were selectively sampled targeting exposed rock and weathered saprolite where well developed foliation and fuchsite alteration was observed. This semi-continuous zone of shearing and alteration has been mapped over a strikelength of ~2.5km and is almost exclusively hosted within mafic lithologies. Occasional <1m wide pegmatite occurrences were also noted as part of the sampling exercise and were submitted for analysis. Results have confirmed that the Contact shear zone is mineralised along its length, with higher tenor gold results often present as the structure becomes proximal to a strike parallel banded iron unit. Assays up to 0.13g/t Au (130ppb Au) were returned within this area and were often coincident with additional pathfinder elements including elevated antimony and silver, with assays peaking at 4.12 ppm and 1.08ppm. A request has been lodged with Traditional Owners for Heritage clearance of several lines for first pass AC drilling, not only where surface mineralisation has been observed, but also to the north- west where the structure continues towards the Nanjilgardy Fault. The intersection between this regionally significant structure and the contact shear zone is completely obscured by transported cover but is a compelling target area for future investigation.Board Change • Sep 11No 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. 4 non-independent directors. Non-Executive Chairman Heath Hellewell was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Executive Departure • Apr 28MD & Executive Director has left the companyOn the 23rd of April, Bradley Drabsch's tenure as MD & Executive Director ended after 1.4 years in the role. As of December 2020, Bradley personally held 12.50m shares (AU$100k worth at the time). A total of 2 executives have left over the last 12 months.Executive Departure • Mar 11Independent Non-Executive Chairman Peter Langworthy has left the companyOn the 11th of March, Peter Langworthy's tenure as Independent Non-Executive Chairman ended after 9.0 years in the role. As of December 2020, Peter personally held 19.45m shares (AU$156k worth at the time). Peter is the only executive to leave the company over the last 12 months.주주 수익률DCXAU Metals and MiningAU 시장7D0%-1.7%0.08%1Y-20.0%54.5%3.1%전체 주주 수익률 보기수익률 대 산업: DCX은 지난 1년 동안 54.5%의 수익을 기록한 Australian Metals and Mining 산업보다 저조한 성과를 냈습니다.수익률 대 시장: DCX은 지난 1년 동안 3.1%를 기록한 Australian 시장보다 저조한 성과를 냈습니다.주가 변동성Is DCX's price volatile compared to industry and market?DCX volatilityDCX Average Weekly Movementn/aMetals and Mining Industry Average Movement12.2%Market Average Movement10.4%10% most volatile stocks in AU Market17.6%10% least volatile stocks in AU Market4.3%안정적인 주가: DCX의 주가는 지난 3개월 동안 Australian 시장보다 변동성이 컸습니다.시간에 따른 변동성: Insufficient data to determine DCX의 변동성 변화를 판단할 수 없습니다.회사 소개설립직원 수CEO웹사이트2005n/aToby Wellmanwww.discovexresources.com.au더 보기DiscovEx Resources Limited 기초 지표 요약DiscovEx Resources의 순이익과 매출은 시가총액과 어떻게 비교됩니까?DCX 기초 통계시가총액AU$6.61m순이익 (TTM)-AU$1.88m매출 (TTM)AU$727.009,085x주가매출비율(P/S)-3.5x주가수익비율(P/E)DCX는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표DCX 손익계산서 (TTM)매출AU$727.00매출원가AU$0총이익AU$727.00기타 비용AU$1.88m순이익-AU$1.88m최근 보고된 실적Dec 31, 2023다음 실적 발표일해당 없음주당순이익(EPS)-0.057총이익률100.00%순이익률-259,124.76%부채/자본 비율0%DCX의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/06/08 06:30종가2024/03/11 00:00수익2023/12/31연간 수익2023/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스DiscovEx Resources Limited는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Peter ChiltonEdison Investment Research
공시 • Jul 02+ 1 more updateDiscovEx Resources Limited Announces Managing Director ChangesLatitude 66 Limited, previously named DiscovEx Resources Limited confirmed that on and from completion of the Takeover Offer, Mr. Grant Coyle has been appointed as Managing Director. Mr. Toby Wellman has resigned from his position as Managing Director as has been re-appointed as Technical Director of the Company.
공시 • Apr 26DiscovEx Resources Limited, Annual General Meeting, May 24, 2024DiscovEx Resources Limited, Annual General Meeting, May 24, 2024, at 11:30 W. Australia Standard Time. Location: PKF Boardroom, Level 5 , 35 Havelock Street West Perth Australia Agenda: To consider change to nature and scale of activities; to issue of share to latitude shareholders in consideration for proposed acquisition; to approval issue shares under the public offer; to approval issue options; and to discuss other matters.
공시 • Apr 06DiscovEx Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million.DiscovEx Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,000,000 Price\Range: AUD 0.2 Discount Per Security: AUD 0.012
공시 • Oct 24DiscovEx Resources Limited, Annual General Meeting, Nov 23, 2023DiscovEx Resources Limited, Annual General Meeting, Nov 23, 2023, at 09:30 W. Australia Standard Time. Location: PKF Boardroom, Level 5 35 Havelock Street, West Perth WA Australia Agenda: To receive and consider the financial statements of the Company for the year ended 30 June 2023, together with the Directors' Report and the Auditor's Report as set out in the Annual Report; to consider Non-binding resolution to adopt Remuneration Report; to consider re-election of Director Heath Hellewell; and to consider additional 10% Placement Capacity.
New Risk • Sep 28New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Share price has been highly volatile over the past 3 months (34% average weekly change). Revenue is less than US$1m (AU$183k revenue, or US$117k). Market cap is less than US$10m (AU$8.26m market cap, or US$5.26m).
공시 • Feb 09+ 1 more updateSpartan Delivers Bedrock Gold Single Metre Results Up to 4.8G/T AuDiscovEx Resources Limited announce that all composite assay results have been returned from a total of 188 AC holes completed at the Spartan Prospect, part of an 80:20 joint venture with Gateway Mining Limited. The first pass reconnaissance drilling was completed in two phases, consisting of 37 holes within phase one and 151 holes in phase two. Both phases were designed to test down to the fresh bedrock interface beneath and along strike of a 1.3km long +50ppb gold in soil anomaly. Single metre re-splits have also been received from anomalous (>0.1g/t Au) composite samples taken as part of phase one drilling. Results have confirmed bedrock gold mineralisation has been intersected with significant results of 4m@1.24g/t Au from 82m, including 1m@3.42g/t Au from 82m (SPAC016), 1m@1.35g/t Au from 62m (SPAC128) and 1m@1.06g/t Au from 74m (SPAC026). The elevated bedrock results have highlighted three high priority target areas including two coherent "structural"zones of anomalous (>0.1g/t Au) bedrock gold defined over strike lengths of ~650m. Together with the bedrock mineralisation, significant gold has also been intersected within transported overburden with best results of 8m@1.64g/t Au from 29m including 4m@2.82g/t Au from 32m (SPAC017). The relationship between the significant accumulation of gold in transported cover and the bedrock gold at Spartan has not yet been resolved, however the identification of gold within sheared, altered bedrock is encouraging and provides targets for further follow up. Confirmation of the extensive and significant accumulation of near surface gold at Spartan and the bedrock mineralisation beneath it highlights the broader prospectivity of the project area.
공시 • Jul 02+ 1 more updateDiscovEx Resources Limited Announces Managing Director ChangesLatitude 66 Limited, previously named DiscovEx Resources Limited confirmed that on and from completion of the Takeover Offer, Mr. Grant Coyle has been appointed as Managing Director. Mr. Toby Wellman has resigned from his position as Managing Director as has been re-appointed as Technical Director of the Company.
공시 • Apr 26DiscovEx Resources Limited, Annual General Meeting, May 24, 2024DiscovEx Resources Limited, Annual General Meeting, May 24, 2024, at 11:30 W. Australia Standard Time. Location: PKF Boardroom, Level 5 , 35 Havelock Street West Perth Australia Agenda: To consider change to nature and scale of activities; to issue of share to latitude shareholders in consideration for proposed acquisition; to approval issue shares under the public offer; to approval issue options; and to discuss other matters.
공시 • Apr 06DiscovEx Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million.DiscovEx Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,000,000 Price\Range: AUD 0.2 Discount Per Security: AUD 0.012
공시 • Oct 24DiscovEx Resources Limited, Annual General Meeting, Nov 23, 2023DiscovEx Resources Limited, Annual General Meeting, Nov 23, 2023, at 09:30 W. Australia Standard Time. Location: PKF Boardroom, Level 5 35 Havelock Street, West Perth WA Australia Agenda: To receive and consider the financial statements of the Company for the year ended 30 June 2023, together with the Directors' Report and the Auditor's Report as set out in the Annual Report; to consider Non-binding resolution to adopt Remuneration Report; to consider re-election of Director Heath Hellewell; and to consider additional 10% Placement Capacity.
New Risk • Sep 28New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Share price has been highly volatile over the past 3 months (34% average weekly change). Revenue is less than US$1m (AU$183k revenue, or US$117k). Market cap is less than US$10m (AU$8.26m market cap, or US$5.26m).
공시 • Feb 09+ 1 more updateSpartan Delivers Bedrock Gold Single Metre Results Up to 4.8G/T AuDiscovEx Resources Limited announce that all composite assay results have been returned from a total of 188 AC holes completed at the Spartan Prospect, part of an 80:20 joint venture with Gateway Mining Limited. The first pass reconnaissance drilling was completed in two phases, consisting of 37 holes within phase one and 151 holes in phase two. Both phases were designed to test down to the fresh bedrock interface beneath and along strike of a 1.3km long +50ppb gold in soil anomaly. Single metre re-splits have also been received from anomalous (>0.1g/t Au) composite samples taken as part of phase one drilling. Results have confirmed bedrock gold mineralisation has been intersected with significant results of 4m@1.24g/t Au from 82m, including 1m@3.42g/t Au from 82m (SPAC016), 1m@1.35g/t Au from 62m (SPAC128) and 1m@1.06g/t Au from 74m (SPAC026). The elevated bedrock results have highlighted three high priority target areas including two coherent "structural"zones of anomalous (>0.1g/t Au) bedrock gold defined over strike lengths of ~650m. Together with the bedrock mineralisation, significant gold has also been intersected within transported overburden with best results of 8m@1.64g/t Au from 29m including 4m@2.82g/t Au from 32m (SPAC017). The relationship between the significant accumulation of gold in transported cover and the bedrock gold at Spartan has not yet been resolved, however the identification of gold within sheared, altered bedrock is encouraging and provides targets for further follow up. Confirmation of the extensive and significant accumulation of near surface gold at Spartan and the bedrock mineralisation beneath it highlights the broader prospectivity of the project area.
공시 • Jan 31DiscovEx Resources Limited Provides Sylvania Exploration UpdateDiscovEx Resources Limited announced that statutory approvals have been received from the Department of Mines, Industry Regulation and Safety relating to the grant of E52/3887 within the Sylvania Project, Newman WA. The tenement is located on the southern margin of the Archaen Sylvania Inlier and is prospective for gold and base metal mineralisation. Following the grant of the tenement, exploration activities were immediately started including the completion of a gravity survey at the Murphy's Prospect. The survey identified potential Archaen greenstone within the Sylvania Inlier, with this prospective geology located close to the contact with the overlying sediments of the Bangemall Basin. The location of this prospect area issignificant given the 2.29Moz Karlawinda Deposit 2 is located in a geologically analogous position approximately 57km to the east. Historic drill defined gold mineralisation at the Jim's Vein and Deadmans Hill prospects in neighbouring tenure are also located in a similar setting, approximately15km to the east and 5km to the west respectively. The E52/3887 tenement straddles the southern margin of the Sylvania Inlier, ~5km east of theDeadman's Hill greenstone belt and ~57km west of the Karlawinda Gold Project. The majority of the southern margin is obscured by recent transported sands and alluvium, making it difficult to determine exactly where the Sylvania Inlier is in contact with the overlying Fortescue Groupand Bangemall Basin sediments. To provide additional confidence to the existing airborne magnetics data, a gravity survey was completed to confirm the location of this contact as well as providing additional information on a 2.5km long by 2km wide magnetic anomaly north of the interpreted contact.Results from the gravity survey, which was completed on 250m x 250m centres have confirmed the location of the Sylvania Inlier contact and also generated a gravity high north of the contact, coincident with the magnetic anomaly. These two elevated geophysical responses are interpreted asrepresenting buried Archaen greenstone of the Sylvania Inlier and is a significant target area that will be drill tested once heritage and statutory compliance approvals have been received. Geochemical sampling was completed at the Contact Prospect and included 37 surface sampleassayed for a full suite of geochemical elements. Rock chips were selectively sampled targeting exposed rock and weathered saprolite where well developed foliation and fuchsite alteration was observed. This semi-continuous zone of shearing and alteration has been mapped over a strikelength of ~2.5km and is almost exclusively hosted within mafic lithologies. Occasional <1m wide pegmatite occurrences were also noted as part of the sampling exercise and were submitted for analysis. Results have confirmed that the Contact shear zone is mineralised along its length, with higher tenor gold results often present as the structure becomes proximal to a strike parallel banded iron unit. Assays up to 0.13g/t Au (130ppb Au) were returned within this area and were often coincident with additional pathfinder elements including elevated antimony and silver, with assays peaking at 4.12 ppm and 1.08ppm. A request has been lodged with Traditional Owners for Heritage clearance of several lines for first pass AC drilling, not only where surface mineralisation has been observed, but also to the north- west where the structure continues towards the Nanjilgardy Fault. The intersection between this regionally significant structure and the contact shear zone is completely obscured by transported cover but is a compelling target area for future investigation.
Board Change • Sep 11No 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. 4 non-independent directors. Non-Executive Chairman Heath Hellewell was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Executive Departure • Apr 28MD & Executive Director has left the companyOn the 23rd of April, Bradley Drabsch's tenure as MD & Executive Director ended after 1.4 years in the role. As of December 2020, Bradley personally held 12.50m shares (AU$100k worth at the time). A total of 2 executives have left over the last 12 months.
Executive Departure • Mar 11Independent Non-Executive Chairman Peter Langworthy has left the companyOn the 11th of March, Peter Langworthy's tenure as Independent Non-Executive Chairman ended after 9.0 years in the role. As of December 2020, Peter personally held 19.45m shares (AU$156k worth at the time). Peter is the only executive to leave the company over the last 12 months.
