Aankondiging • Apr 15
Ragusa Minerals Limited Announces Board Changes, Effective 13 April 2026 Ragusa Minerals Limited announced the appointment of Mr. Petar Tomasevic as a Non-Executive Director, effective 13 April 2026. Mr. Tomasevic is a capital markets professional with extensive experience in funding companies and projects internationally. A former Olympian, he brings a strong network of international investor and institutional relationships to the Company. Mr. Tomasevic is currently a Director of American Uranium Limited, an ASX-listed company with uranium assets in the United States, where his experience in North American resources markets is expected to be highly complementary to Ragusa's strategic focus and growth ambitions in USA. Mr. Tomasevic is a Director of Vert Capital, a reputable corporate advisory firm based in Perth, is an avid ambassador of the Fremantle Water Polo Club and holds a Master of Business Administration (MBA) from Edith Cowan University, specialising in project management. Following Mr. Tomasevic's appointment, Melanie Ross has advised her intention to resign as Non-Executive Director of the Company, effective 13 April 2026. Ms Ross will remain as Company Secretary. New Risk • Mar 10
New minor risk - Financial data availability The 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 Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 23% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m (AU$2.1k revenue, or US$1.5k). Market cap is less than US$10m (AU$6.74m market cap, or US$4.81m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). New Risk • Jan 31
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 39% 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 (32% average weekly change). Earnings have declined by 23% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m (AU$2.1k revenue, or US$1.5k). Market cap is less than US$10m (AU$7.53m market cap, or US$5.25m). Aankondiging • Jan 29
Ragusa Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.6 million. Ragusa 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: 20,000,000
Price\Range: AUD 0.03
Transaction Features: Subsequent Direct Listing Aankondiging • Jan 28
Ragusa Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.6 million. Ragusa 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: 20,000,000
Price\Range: AUD 0.03
Transaction Features: Subsequent Direct Listing Aankondiging • Oct 29
Ragusa Minerals Limited (ASX:RAS) signed a letter of intent to acquire 60.90% stake in Pegasus Tel, Inc. (OTCPK:PTEL) for $0.20 million. Ragusa Minerals Limited (ASX:RAS) signed a letter of intent to acquire 60.90% stake in Pegasus Tel, Inc. (OTCPK:PTEL) for $0.20 million on October 29, 2025. A cash consideration of $0.2 million will be paid by Ragusa Minerals Limited. As part of consideration, $0.2 million is paid towards common equity of Pegasus Tel, Inc. In a related transaction Pegasus will, in turn, acquire a 100% interest in the Purple Pansy Project from Red Beryl Mining Company and Steven Cyros.
The transaction is subject to approval by regulatory board, consummation of due diligence investigation and third party approval needed. Transaction completion is expected by late-December 2025. Aankondiging • Sep 11
Ragusa Minerals Limited, Annual General Meeting, Oct 30, 2025 Ragusa Minerals Limited, Annual General Meeting, Oct 30, 2025. Aankondiging • Aug 24
Ragusa Minerals Limited Auditor Raises 'Going Concern' Doubt Ragusa Minerals Limited filed its Annual on Aug 22, 2025 for the period ending Jun 30, 2025. In this report its auditor, CRITERION AUDIT PTY LTD, gave an unqualified opinion expressing doubt that the company can continue as a going concern. New Risk • Jul 18
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 32% per year over the past 5 years. Revenue is less than US$1m (AU$5.5k revenue, or US$3.5k). Market cap is less than US$10m (AU$2.85m market cap, or US$1.85m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). Aankondiging • Jun 28
Ragusa Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.4272 million. Ragusa Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.4272 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 35,600,000
Price\Range: AUD 0.012
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Aankondiging • Jun 12
Ragusa Minerals Limited has withdrawn its Follow-on Equity Offering in the amount of AUD 2.002 million. Ragusa Minerals Limited has withdrawn its Follow-on Equity Offering in the amount of AUD 2.002 million.
Security Name: Ordinary shares
Security Type: Common Stock
Securities Offered: 13,650,000
Price\Range: AUD 0.022
Security Name: Ordinary shares
Security Type: Common Stock
Securities Offered: 77,350,000
Price\Range: AUD 0.022
Transaction Features: Subsequent Direct Listing Aankondiging • Mar 22
Ragusa Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.002 million. Ragusa Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.002 million.
Security Name: Ordinary shares
Security Type: Common Stock
Securities Offered: 13,650,000
Price\Range: AUD 0.022
Discount Per Security: AUD 0.00132
Security Name: Ordinary shares
Security Type: Common Stock
Securities Offered: 77,350,000
Price\Range: AUD 0.022
Discount Per Security: AUD 0.00132
Transaction Features: Subsequent Direct Listing New Risk • Feb 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.5m free cash flow). Earnings have declined by 45% per year over the past 5 years. Revenue is less than US$1m (AU$13k revenue, or US$8.0k). Market cap is less than US$10m (AU$2.28m market cap, or US$1.43m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Aankondiging • Oct 08
Ragusa Minerals Limited, Annual General Meeting, Nov 26, 2024 Ragusa Minerals Limited, Annual General Meeting, Nov 26, 2024. New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (AU$2.14m market cap, or US$1.44m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). New Risk • Sep 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. 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 Less than 1 year of cash runway based on free cash flow trend (-AU$1.8m free cash flow). Earnings have declined by 50% per year over the past 5 years. Revenue is less than US$1m (AU$22k revenue, or US$15k). Market cap is less than US$10m (AU$2.28m market cap, or US$1.52m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change). New Risk • Mar 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.8m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 50% per year over the past 5 years. Revenue is less than US$1m (AU$22k revenue, or US$15k). Market cap is less than US$10m (AU$4.71m market cap, or US$3.11m). New Risk • Nov 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 16% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$2.2m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 44% per year over the past 5 years. Revenue is less than US$1m (AU$20k revenue, or US$13k). Market cap is less than US$10m (AU$6.42m market cap, or US$4.07m). Minor Risk Shareholders have been diluted in the past year (8.8% increase in shares outstanding). Aankondiging • Oct 05
Ragusa Minerals Limited, Annual General Meeting, Nov 23, 2023 Ragusa Minerals Limited, Annual General Meeting, Nov 23, 2023. New Risk • Sep 20
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.2m free cash flow). Earnings have declined by 44% per year over the past 5 years. Revenue is less than US$1m (AU$20k revenue, or US$13k). Market cap is less than US$10m (AU$4.99m market cap, or US$3.22m). Minor Risk Shareholders have been diluted in the past year (8.9% increase in shares outstanding). New Risk • Sep 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 36% per year over the past 5 years. Revenue is less than US$1m (AU$8.9k revenue, or US$5.7k). Market cap is less than US$10m (AU$5.56m market cap, or US$3.58m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (8.9% increase in shares outstanding). New Risk • Aug 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 36% per year over the past 5 years. Revenue is less than US$1m (AU$8.9k revenue, or US$5.7k). Market cap is less than US$10m (AU$7.70m market cap, or US$4.99m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (8.9% increase in shares outstanding). Aankondiging • Feb 08
Ragusa Minerals Limited Provides NT Lithium Project Update Ragusa Minerals Limited announced that it has recently received data from a historic diamond drill-hole in the Tank Hill Prospect area containing a significant pegmatite intercept with logged spodumene and corresponding elevated lithium from laboratory assay results from the Company's NT Lithium Project located in the highly prospective Litchfield Pegmatite Belt in Northern Territory, approximately 120km south of Darwin. The diamond drill-hole (MDD004) was completed by May Drilling during 2019, with the assay and geological logging data only provided recently to Ragusa. The pegmatite drill-intercept starts and finishes well within the lithium depleted zone (top approximately 65m below surface), accounting for the anomalous Li2O grades intersected. Importantly, the Li2O grades correspond with the geological logging conducted, which describes much of the interval as containing spodumene and spatially with the surface outcrop containing abundant lepidolite (rock chip sample 140333)1. The surface expression of the pegmatite indicates an approximately 12m true thickness that is also supported by the downhole data. The Tank Hill Prospect contains at least two thick pegmatite outcrops approximately 63m apart and is one of the priority areas for planned drilling within the current approved mining management plan (MMP). This area was not accessible for drilling during the phase 1 drilling campaign in late-2022. The Company consider the Tank Hill Prospect area to be a high priority site for deeper drilling during the coming dry season. Planning is underway for additional exploration works to provide better information for drill-hole targeting, including deep ground penetrating radar. The Company is encouraged by this new information that is strongly supportive of the existence of spodumene mineralisation within the Project area and is looking forward to testing when access is possible. Aankondiging • Dec 22
Ragusa Minerals Limited Announces Burracoppin Project Additional Drill Results Ragusa Minerals Limited received additional laboratory assay results from the first round of drilling at the Company's 100% owned Burracoppin Project, identifying a high grade halloysite component together with significant ultra-bright ISO-Brightness (ISO-B) results across the remainder of the drilled area. All results have now been received for x-ray fluorescence (XRF) elemental composition and ISO-B levels. Results for the first batch of x-ray diffraction (XRD) analysis comprising 50 of the total 147 samples have also been received showing significant high grade halloysite intervals in several of the holes. Results received to date show the Burracoppin Project to be significantly well endowed in bright white Kaolinite, high grade Halloysite and rare earth elements all within a near surface formation, making it a true multi commodity project. Remaining XRD results are expected in coming weeks, after which a maiden JORC 2012 compliant resource estimation will be completed. Aankondiging • Dec 13
Ragusa Minerals Limited Receives Laboratory Assay Results from the First Phase of Exploration Drilling Ragusa Minerals Limited advises that it has received laboratory assay results from the first phase of exploration drilling at the Company's NT Lithium Project ("Project") - locatedin the highly prospective Litchfield Pegmatite Belt in Northern Territory, approximately 120km south of Darwin. The Company completed a total of 18 reverse circulation exploration drillholes comprising a total of 1,505 metres drilled - with 149 samples logged as pegmatite. A total of 232 samples (including duplicates) were submitted for laboratory analysis testing (including samples either side of logged pegmatite). Laboratory assay sample results show several elevated lithium values up to 0.35% Li2O within shallow intersections of pegmatite, well within the known lithium depleted zone as documented by Core Lithium and Lithium Plus in their projects to the north within the same geological host-rock. In several recent announcements1, Lithium Plus show a cross-section of their Lei Prospect where they have clearly marked a lithium depleted weathered zone with lithium grades within pegmatite averaging 0.25% Li2O in the depleted zone and up to 1.8% Li2O in the fresh pegmatite below. Both Core Lithium and Lithium Plus report the vast majority of the >1% Li2O grades are realised well below 100m in vertical depth. The Company is confident of the lithium prospectivity within the project area, given the strong similarities with known spodumene bearing deposits to the north. The elevated lithium grades intersected in the depleted weathered zone in several pegmatite bodies are consistent with fertile high grade spodumenebearing pegmatite at depth, which remains to be tested. Ragusa's first phase exploration drilling program was suspended in early-November before completing the planned number of drillholes or the target intercept depths of drillholes that were drilled. The drilling program was hampered by adverse weather conditions that prevented access to some planned drillholesentirely or placed limits on duration the rig could safely remain in some areas. In addition, targeted outcropping pegmatite was often not orientated as expected resulting in several drillholes missing target intersections, whilst several other drillholes were used for establishing geometry and didn't reach their pegmatite intersections at planned depths.Of the six major outcropping pegmatite trends visible in the project area, only two were able to be drill- tested to a limited degree, resulting in some of the priority targets remaining un-tested. The Company is preparing the remaining priority sites for drilling works during the next dry season, with possible interim activities including track-mounted diamond drilling and/or deep ground penetrating radar (as has been used with success at other pegmatite deposits). Aankondiging • Dec 06
Ragusa Minerals Limited Receives Initial Assay Results from the First Round of Drilling at Burracoppin Project Ragusa Minerals Limited announced that it has received initial assay results from the first round of drilling at the Company's 100% owned Burracoppin Project, identifying high-grade rare earth oxide (REO) mineralisation and very high average Al2O3 results, corresponding with very bright to ultra-bright ISO brightness figures in a significant portion of the deposit. Partial assay results have been received for all 147 composite samples submitted, which include complete sizing, x-ray fluorescence (XRF) and inductively coupled plasma (ICP) data for elemental composition including rare earth elements (REE). ISO brightness (ISO-B) results have been received for 50 of the 147 samples so far, with x-ray diffraction (XRD) results for kaolinite/halloysite determination still awaited. Results received to date indicate the Burracoppin Project contains exceptionally high-grade alumina averaging 33.73% Al2O3 with a peak grade of 38.3% Al2O3, corresponding with an ultra-bright ISO-B of 88% and 50% of samples greater than ISO-B 80%. In addition, 40% of the samples returned total rare earth oxide levels (TREO) above a 500ppm cut-off, with an average of 1,493ppm TREO and a peak value of 6,285ppm TREO. Compared to other similar projects, these results are exceptional and often exceed quality metrics for both bright white kaolinite with very high alumina levels, and TREO levels with elevated magnetic rare earth oxide (MREO) components. Tables 1 and 2 show the Burracoppin Project deposit metrics against similar projects for REO and Kaolinite/Halloysite respectively. In total, 198 composite samples ranging between 6m intervals and 1m intervals representing 553m were selected from the 1,143m of drilling conducted. All composite samples consisted of kaolinized granite and were mainly differentiated on colour changes downhole. Of the 198 composite samples selected, a subset of 147 composite samples were selected and submitted for laboratory assay testing. These composite samples were chosen based on mineralised thickness and lateral continuity, with the aim to maximise potential resource size at minimal laboratory expense due to high per sample analysis costs. Samples were weighed, dried and screened to -5.6mm before being sized into +180µm, -180 +45µm and -45µm fractions. The -45µm fraction was then assayed using XRF and ICP analysis for its elemental constituents. Brightness levels were determined using ISO-B protocols. Drill-holes were spaced nominally at 400m intervals in a diamond pattern so each sample of kaolinized granite represents a significant volume of material in any future resource estimation. The combined kaolinite and rare earth endowment of the Burracoppin Project presents a multi-commodity opportunity in the burgeoning critical minerals sector for Ragusa. The work conducted to date covers only ~5% of the project area, leaving enormous potential for development of a major multi-commodity project servicing the forecast critically short supply of battery and automotive components and future green energy technologies. Once the outstanding laboratory results are received, the Company will proceed with preparing a maiden resource estimate for the project. Aankondiging • Nov 21
Ragusa Minerals Limited Phase 1 Exploration Drilling Program Completed Ragusa Minerals Limited announced that it has recently completed its first phase exploration drilling program at the Company's NT Lithium Project ("Project") located in the highly prospective Litchfield Pegmatite Belt in Northern Territory, approximately 120km south of Darwin. The Company completed a total of 18 reverse circulation drillholes comprising a total of 1,505 metres drilled with 12 drillholes intersecting pegmatite. From the geological logging works conducted on site, a total of 226 drill samples were selected for laboratory analysis testing. Whilst the Company awaits the lithium sample assay results from the laboratory, the Company's geological staff identified additional samples containing visually significant levels of graphite in the hangingwall and footwall zones either side of some of the pegmatites. The Company will further review these samples prior to compiling and considering for laboratory analysis testing. Due to some targeted drill sites not being accessible during the phase 1 works program, the Company is preparing the remaining priority sites for drilling works during the next dry season. The Company will alsoconsider conducting diamond drilling operations (subject to drill rig access). The Company will also consider conducting geophysical surveying works in the priority target areas to assist with planning the next phase exploration drilling works. The maiden exploration drilling program targeted lithium bearing pegmatites beneath the weathering profile (evident at the Core Lithium Project located to the north). Upon receipt of all drill sample results, and in combination with other geological data gained, the Company will review all data to determine if an exploration target (or targets) can be delineated (subject to analysis results). Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Company Secretary & Non-Executive Director Melanie Ross 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. Aankondiging • Oct 26
Ragusa Minerals Limited Provides Update on Drilling Operations at NT Lithium Project Ragusa Minerals Limited provided an update on drilling operations at the NT Lithium Project located in the highly prospective Litchfield Pegmatite Belt in Northern Territory, approximately 120km south of Darwin. The drilling program is targeting lithium bearing pegmatites beneath the weathering profile evident at the Core Lithium Project located to the north. The Company has currently completed eight RC drillholes for a total of 719m drilled. Several of these drillholes have intercepted pegmatite of significant thickness at varying depths, providing greater understanding of pegmatite morphology within the project area and assisting with pegmatite delineation. Geological logging in multiple drillholes has reported a substantial amount of "apple-green crystals" within the pegmatite (and are yet to be classified), but are of major interest given beryl, spodumene and amblygonite all commonly exist as a green crystals within LCT (lithium-bearing) pegmatites. The drilling to date has confirmed the presence of shallow depth pegmatites within the Company's project area. The Company is planning to complete sufficient RC drilling during this initial phase program to attain necessary geological data to delineate an exploration target (or targets) (subject to analysis results). The Company's approved Mining Management Plan for Exploration Activities (MMP) allows for up to 38 drill sites, plus additional drilling in pre-approved designated areas. The Company plans to continue RC drilling until the wet season prohibits further site access and operations, and will then, subject to regulatory approval via an MMP variation, seek to continue the drilling program during the wet season via diamond drilling operations (subject to drill rig access). Aankondiging • Oct 19
Ragusa Minerals Limited Receives Regulatory Approval Notification from the Northern Territory's Mining Operations Office Ragusa Minerals Limited advised that it has received regulatory approval notification from the Northern Territory's Mining Operations office of the variation to the current Mining Management Plan for Exploration Activities (MMP), to allow additional drilling sites to be included as part of the current drilling program within tenements EL28462, EL29731 and EL30521 - part of the Company's NT Lithium Project ("Project"). The updated MMP approval now allows for up to 38 drill sites, plus additional drilling in the approved designated areas. The Company will now enlarge its current drilling program, planning up to ~4000m from the approved sites, with drilling to continue until the wet season prohibits further site access and operations, and then re-commence in 2023. The drilling program is targeting lithium bearing pegmatites beneath the weathering profile - evident at the Core Lithium Project located to the north, targeting the most prospective pegmatites with view to defining a maiden mineral resource for the project. The Company recently commenced drilling operations and has completed several drillholes to date. The Company's Project area - comprising six granted tenements and two in application status, covers 319 blocks and hosts hard rock lithium prospects within the Litchfield Pegmatite Belt - host to discoveries including the neighbouring Core Lithium Finnis Project, Lithium Plus, Charger Metals and others. Aankondiging • Oct 15
Ragusa Minerals Limited Announces NT Lithium Project Tenement Granted Ragusa Minerals Limited announced that it has received notification from the Northern Territory's Mineral Titles office that the Company's 100% owned tenement EL33148 has been granted - part of the NT Lithium Project located approx. 175 kilometres south of Darwin in the Wingate region south of Daly River. EL33150 comprises 28 blocks covering an area of 91km2, was granted on 11 October 2022 for a period of 6 years. The Company identified the tenement (and associated Project area) as prospective for lithium from historical geological mapping works and the interpreted continuation of the geological rock-types found in the neighbouring lithium projects, indicating a high level of lithium prospectivity throughout the region. The Company's Project area - comprising six granted tenements and two in application status covering 319 blocks, hosts hard rock lithium prospects within the Litchfield Pegmatite Belt - host to discoveries including the neighbouring Core Lithium Finnis Project, Lithium Plus, Charger Metals and others. The Company will develop a lithium exploration program to prepare and submit a Mining Management Plan for Exploration (MMP), seeking approval to conduct exploration and drilling works in the tenement area. The Company will engage with key stakeholders in the project area and seek approval prior to conducting preliminary exploration works targeting lithium bearing pegmatite rocks using a combination of geological mapping, geochemical sampling, and reconnaissance drilling works. Aankondiging • Oct 13
Ragusa Minerals Limited Provides NT Lithium Project Update Ragusa Minerals Limited announced that it has commenced drilling operations at the NT Lithium Project located in the highly prospective Litchfield Pegmatite Belt in Northern Territory, approximately 120km south of Darwin. The drilling program is targeting lithium bearing pegmatites beneath the weathering profile evident at the Core Lithium Project located to the north. The Company plans to drill up to ~2000m from 21 MMP approved sites, targeting the most prospective pegmatites with a view to defining a maiden mineral resource for the project. Drilling operations have progressed well and the first drill-hole is already completed, with a very encouraging 35m downhole intercept of pegmatite recorded from 16m depth (below surface). This drill-hole provides beneficial geological reference data to determine pegmatite geometry, with upcoming drill sites targeting to intersect the same pegmatite at the desired vertical depth of ~60m. The Company is awaiting regulatory approval for a variation to the current MMP, to allow additional drilling sites to be included as part of the current drilling program within the project. Aankondiging • Oct 07
Ragusa Minerals Limited, Annual General Meeting, Nov 24, 2022 Ragusa Minerals Limited, Annual General Meeting, Nov 24, 2022. Aankondiging • Sep 27
Ragusa Minerals Limited Advises Progress Towards Commencement of the Maiden Drilling Program At the NT Lithium Project Ragusa Minerals Limited advised progress towards commencement of the maiden drilling program at the NT Lithium Project, with completion of site preparation earthworks, including access track and drill pad clearing. Executive Director Olaf Frederickson and the Company's project team conducted the recent site trip to arrange the site works, using a local Daly River contractor ahead of the upcoming drilling program. During the site visit, additional reconnaissance and sampling was undertaken, with new pegmatite occurrences identified, in addition to the known mapped pegmatite outcrops. A newly identified pegmatite of ~150m outcrop width was found along the eastern edge of the project area, to the north of the White Rocks prospect. Sample SM018 collected from the exposure returned a strongly anomalous lithium grade consistent with what would be expected from a depleted lithium-bearing pegmatite outcrop. It is not known if the intersection represents the true width of the pegmatite. Further inspection of some of the known pegmatite outcrops highlights the presence of strong lithium indicator minerals, such as albite feldspar and more of the same suspected weathered spodumene crystals within clearly zoned pegmatites - up to an estimated 30m wide outcrop. The continued positive results from ongoing field sampling combined with the increasing number of drill targets from both new pegmatite bodies and extensions to existing outcrops, together with continued identification of LCT indicator minerals gives the Company increasing optimism for the potential of a major new discovery beneath the superficial weathering surface. The Company's joint venture partner - May Drilling, indicates commencement of the drilling program is expected next week (following completion of their current drilling works). Ragusa's planned drilling program is targeting pegmatite beneath the weathering profile - evident at the Core Lithium Project located to the north, with the aim to test several of the known pegmatites. The Company plans to drill the most prospective pegmatites with a view to defining a maiden mineral resource for the project. Aankondiging • Sep 20
Ragusa Minerals Limited Announces NT Lithium Project Tenement EL33150 Granted for 6 Year Period Ragusa Minerals Limited announced that it has received notification from the Northern Territory's Mineral Titles office that the Company's 100% owned tenement EL33150 has been granted - part of the NT Lithium Project ("Project"), located ~60 kilometers south of Darwin. EL33150 was granted on 16 September 2022 for a period of 6 years. The Company identified the highly prospective tenement (and associated project area), as prospective for lithium from historical geological mapping works and the interpreted continuation of the geological rock-types found in the neighboring lithium projects, indicating a high level of lithium prospectivity throughout the region. The Company's NT Lithium Project area hosts hard rock lithium prospects, within the Litchfield Pegmatite Belt - host to discoveries including the neighboring Core Lithium Finnis Project, Lithium Plus, Charger Metals and others. Lithological units found within the Company's Project areas all contain predominantly Burrell Creek Formation sediments adjacent to Late Proterozoic undifferentiated granites, providing the appropriate geological setting to contain LCT pegmatites. The Company's tenements are located within this lithium exploration province. The Company will now engage with key stakeholders in the project area prior to conducting exploration works targeting outcropping pegmatite rocks and/or potential buried targets using a combination geochemical sampling, extrapolation of known/outcropping targets (outside the Company's tenure) but along strike, and remote sensing with geophysical techniques previously found to be successful in district. A detailed lithium exploration program will then be developed to prepare and submit a Mini Management Plan for Exploration (MMP) seeking approval to conduct exploration and drilling works the tenement area. Aankondiging • Aug 13
Ragusa Minerals Limited Provides NT Lithium Project Ragusa Minerals Limited advised that it has completed its initial desktop review of previous works conducted within the NT Lithium Project and compiled all results received to date as part of the target generation process and prioritisation. Historical works comprised limited reconnaissance exploration consisting of rock chip sampling, geochemical soil sampling and geophysical surveying. Some of these historical exploration works targeted outcropping pegmatite that identified numerous high grade lithium results from rock chip samples, including 8.03% Li2O3 and 7.25% Li2O6, and most others >2% Li2O (with several >5% Li2O). The results of the historical works have identified numerous priority drill targets. In addition, May Drilling conducted limited shallow RC and Diamond drilling at the Tank Hill trend, with the deepest pegmatite intersection at 43m downhole or 37m vertically in MDD004. During the Company's recent initial reconnaissance site visit, several samples from various locations were collected for confirmation of historic data, with sample SM001 recording 5.46% Li2O. Of significance, a single crystal approximately the size of a bowling ball was found at surface in a scraping adjacent to weathered albite/mica/quartz rubble and outcrop. Upon investigation, the crystal is thought to be a heavily weathered spodumene based on residual colour, estimated density, prismatic shape, internal striations parallel to the long axis and strongly elevated lithium content, although heavily depleted from weathering. The samples included high grade lithium in amblygonite, elevated lithium values in mica, as well as significant gold values from quartz/scorodite samples taken from pegmatite along the Tank Hill trend. From the identified outcropping pegmatite bodies, the true extent of many of the pegmatites is significant - spanning several kilometres in length, with potential for a significant discovery. Ragusa has completed planning of its initial drilling program to test the main known outcropping pegmatite bodies. Evidence from nearby discoveries in the Burrell Creek Formation, hosting lithium bearing pegmatites (Core Lithium, et al) have shown the region to be heavily weathered from surface to a depth of 60m, with the planned drilling program expected to yield definitive results for Ragusa. May Drilling has an existing approved Mining Management Plan for Exploration (MMP) allowing for up to 21 drill holes (RC and Diamond). The Company has also submitted a variation for this MMP to include additional drillhole sites. Logistics planning and preparation is underway to conduct this planned drilling campaign during the current dry season. Board Change • Apr 27
Less than half of directors are independent There are 3 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: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Olaf Frederickson is the most experienced director on the board, commencing their role in 2019. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Aankondiging • Mar 03
Ragusa Minerals Limited Completes the Desk-Top Review of the Monte Cristo Gold Project for the Planning of the 2022 Field Exploration Program Ragusa Minerals Limited advises that it has completed the desk-top review of the Monte Cristo Gold Project for the planning of the 2022 field exploration program. The targeting exercise was conducted to determine mineral prospectivity relative to the nearby multi-million ounce gold projects discovered by Nova Minerals Ltd. (Korbel deposit 8.1m oz Au1 and RPM deposit 1.5m oz Au2) and GoldMining Inc. (Whistler and Raintree deposits with combined 4.8m oz Au3), and identify potential new prospects in proximity to the recent RPM discovery. For the Monte Cristo prospect, the review outlined; The primary targets are large intrusion-related gold and/or porphyry copper-gold, with gold mineralisation hosted in highly altered Paleocene aged volcaniclastic and intrusive rocks. Mineralised zones occur on two parallel ridge-backs separated by 300 m of shallow glacial debris cover. From previous exploration works, extensive alteration zones with anomalous gold and copper values were detected, with historical sampling comprised rock samples (assay results up to 4.2 g/t gold4) and soil samples (talus fines) (assay results up to 3.0 g/t gold4). Regional aerial magnetic survey data indicates long wavelength anomalies trending SW to NE, with the Monte Cristo prospect in the region of the Whistler magnetic anomaly and the Island Mountain magnetic anomaly, suggesting a possible relationship both spatially and genetically to large potential porphyry centers. Aankondiging • Feb 26
Ragusa Minerals Limited Announces Updates for Monte Cristo Gold Project Ragusa Minerals Limited announced that it has commissioned its Alaskan geological consultants to conduct a desk-top review of the Monte Cristo Gold project, including prioritising the four historical prospects within the project area Monte Cristo, St Eugene, Old Man Breccia and Old Man Diorite, as a targeting exercise to identify mineral prospectivity relative to the nearby multi-million ounce gold projects discovered by Nova Minerals Ltd. Korbel deposit 8.1 million oz Au1 and RPM deposit 1.5 million oz Au2 and GoldMining Inc. Whistler and Raintree deposits with combined 4.8m oz Au3, and identify potential new prospects in proximity to the recent RPM discovery which is located in close proximity to Ragusa's project area. Aankondiging • Feb 25
Ragusa Minerals Limited Announces Burracoppin Halloysite Project Programme of Work Approved for Drilling Works Ragusa Minerals Limited advised that it has received regulatory approval of its "Program of Work" recently submitted to DMIRS, for drilling works and associated operations within tenement E70/5708, at the Company's 100% owned Burracoppin Halloysite Project ("Project"), located ~300 kilometres east of Perth in Western Australia. The Company has planned the maiden wide-spaced drilling program at the project - targeting the open strike extensions of the adjacent deposit, to delineate a JORC mineral resource, and is progressing toward commencement for late-Q1, 2022 (subject to drill rig scheduling/confirmation). In addition, the Company has obtained regulatory notice approving the inclusion of mineral surface rights (0-30m below surface) within the Burracoppin Project tenement E70/5708. The project area adjoins Latin Resources Ltd. ("Latin") Noombenberry Halloysite Project, and specifically the Cloud Nine deposit, where Latin have estimated a global Inferred Mineral Resource of 207 million tonnes of kaolinised granite, comprising 123 million tonnes of bright white kaolin-bearing material and 84 million tonnes of kaolin/halloysite-bearing material, with the potential for the strike extension to extend into the Burracoppin Halloysite Project area. Aankondiging • Feb 04
Ragusa Minerals Limited Announces Lonely Mine Gold Project Tiberius Prospect Drilling Results Ragusa Minerals Limited announced that the laboratory analysis results from the diamond drilling works at the Tiberius prospect part of the Company's 100% owned Lonely Mine Gold Project ("Project") in Zimbabwe have been received, with the compilation of the drilling results and project data now complete. The Company conducted a diamond drilling program comprising eight drill-holes, with 1236.64m drilled. Final assay results were recently received, with the Company's independent technical consultants having since reviewed the data collected to date and provided a summary report on the project. The report provides the context of existing known mineralisation in correlation with the results from the diamond drilling works, and also the overall prospectivity assessment of the Tiberius prospect. The drilling program was designed to target extensions of mineralisation identified from the Company's prior phases of work, including surface mapping, trenching, geophysical surveying (ground magnetics and induced polarisation), and underground mapping and sampling from underground levels 1 and 2 of the historic Tiberius workings. Results have identified an additional zone of mineralisation hosted within an andesitic basalt adjaent to the main mineralised quartz carbonate vein mineralisation, identified within the historic Tiberius underground workings. Mineralisation appears to be contained within disseminated sulphides identified within the andesitic host rock, most likely sourced from the same shear zone and mineralising fluids that make up the contact between the andesite and the adjacent limburgitic basalt - host to the quartz carbonate gold bearing veins targeted in the historic Tiberius workings. Significant intercepts from the drilling were as follows: TDD06: 10.43m @ 2.5g/t Au (128.48-138.91m), 0.5m @ 4.59g/t Au (142.08-142.58m), 5.17m @ 3.68g/t Au (146.18-154.48m) and 13.96m @ 3.61g/t Au (172.18-191.48m); TDD01: 0.66m @ 3,87g/t Au (227.84-228.5m); TDD02: 3.6m @ 1.08g/t Au (160.53-164.28m); TDD03: 1.83M @ 2.3g/t Au (247.73-249.56m). The Company's independent technical consultants concluded that the geological setting of this property has significant potential for the development of an economic gold deposit, noting further exploration is necessary to advance the understanding of the property. Aankondiging • Dec 08
Ragusa Minerals Limited Conducts Initial Reconnaissance Site Works and Surface Rock-Chip Sampling, with Laboratory Analysis Results Achieving Up to 20% Halloysite At the Company's 100% Owned Burracoppin Halloysite Project Ragusa Minerals Limited advised that it has conducted initial reconnaissance site works and surface rock-chip sampling, with laboratory analysis results achieving up to 20% halloysite at the Company's 100% owned Burracoppin Halloysite Project ("Project"), located ~300 kilometers east of Perth in Western Australia. During the initial site reconnaissance visit, a total of six surface rock-chip hand samples were collected from dam walls and exposed kaolinite found along roadside breakaways. Samples were submitted to Bureau Veritas for sample preparation, sizing, brightness, x-ray fluorescence (XRF) for chemical composition, and x-ray diffraction (XRD) for mineralogical identification. The table contains sample location details and analysis results from the sampling program. The brightness results are consistent with weathered surface samples (resulting from surface contamination and atmospheric exposure). The Company is encouraged by the hallo site and kaolinite analysis results of the preliminary sampling program, with the results being utilized for planning the maiden wide-spaced drilling program at the project, which is anticipated to commence in the first quarter of 2022, subject to receipt of regulatory approval of the "Program of Work" recently submitted to DMIRS. Aankondiging • Nov 22
Ragusa Minerals Limited Grants Burracoppin Halloysite Project Key Tenement Ragusa Minerals Limited announced that it has received notification from Western Australia's Department of Mining, Industry Regulation and Safety that tenement E70/5708 has been granted part of the Company's 100% owned Burracoppin Halloysite Project located ~300 kilometres east of Perth in Western Australia. E70/5708 comprises 68 blocks and is prospective for halloysite and kaolinite. The Burracoppin Project is located near Merredin, with port access easily accessible via the Great Eastern Highway. All services required for a low-cost operation are in close proximity. Tenement E77/2774 also part of the Burracoppin Halloysite Project, is currently still in the application phase, however is currently being processed by DMIRS. Aankondiging • Aug 25
Ragusa Minerals Limited Announces Drilling Drilling Update at Lonely Mine Gold Project Ragusa Minerals Limited announced that the first phase diamond drilling works at the Tiberius prospect part of the company's 100% owned Lonely Mine Gold Project in Zimbabwe were recently completed, with 937m drilled at six priority drill sites. The company's technical site personnel are currently conducting core logging and sampling works, with selected samples to undergo laboratory analysis testing. Based on the success of the current drilling, the Company has determined to conduct additional drilling works to test the open-ended strike extensions, with up to an additional 500m of diamond drilling to be carried out. The Phase 1 diamond drill program targeted the interpreted orebody identified from recent works, comprising geological mapping, geophysical surveying (ground magnetics and induced polarization), surface trenching, and underground rock/channel sampling and mapping. Aankondiging • Jul 24
Ragusa Minerals Limited Announces Lonely Mine - Drilling to Commence At Tiberius Prospect Ragusa Minerals Limited advised that the first phase diamond drilling works will commence at the Tiberius prospect, part of the Company's 100% owned Lonely Mine Gold Project ("Project") in Zimbabwe. The Phase 1 drill program plan is targeting seven priority drill sites, totalling 900 metres of diamond drilling works. The proposed drilling will target the interpreted orebody identified from previous works, comprising geological mapping, geophysical surveying (ground magnetics and induced polarization), surface trenching, and underground rock/channel sampling and mapping. The proposed diamond drill-holes will range in target depths between 120m and 150m. Ragusa confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. Ragusa confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement. The information contained in this ASX release relating to Exploration Results has been prepared by Mr. Jerko Zuvela. Mr. Zuvela is a Member of the Australasian Institute of Mining and Metallurgy and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr. Zuvela is the Chairperson of Ragusa Minerals Ltd. and consents to the inclusion in this announcement of this information in the form and context in which it appears. The information in this announcement is an accurate representation of the available data from exploration at the Lonely Mine Gold Project. Aankondiging • Jul 15
Ragusa Minerals Limited Announces Lonely Mine Gold Project Underground Sampling Results Ragusa Minerals Limited advised that it has completed initial underground reconnaissance works (access via the Tiberius shaft), comprising underground surveying and channel/rock sampling works at the Tiberius prospect, part of the Company's 100% owned Lonely Mine Gold Project ("Project") in Zimbabwe. Thirteen underground samples were collected from the mineralised reef (undiluted) and analysed, with results achieved up to 221g/t. Other significant sampling results include 68g/t, 49.5g/t and 45.8g/t. The underground reconnaissance works - surveying and subsequent channel/rock sampling at the Tiberius prospect was carried out by the Company's local geological consultants. The sampling phase comprised channel/rock sampling to delineate and map the drives, and to define the mineralisation mode, for use in prioritising drill target sites at surface (noting the complex local geology at this prospect). The mineralised reef comprises a quartz carbonate fissure, with pyrite, chalcopyrite, and massive and disseminated sulphides in areas that have a secondary deformation in the form of NE-SW late stage shearing that mark mineralised areas. The geological model derived from recent previous works conducted at the Tiberius prospect, including magnetic and induced polarization surveying, indicates a potential major NE-SW trending shear zone. This shear probably post-dates the E-W trending mineralised quartz carbonate fissure. Following the underground works and results achieved, the Company's local geological consultants determined that the Tiberius reef is a likely splay from the main Peter Pan regional shear trending NE-SW, and is likely remobilised by later shearing creating mineralised zones along strike and down-dip. The surveying and sampling works assisted in interpreting the complex geological structures and mineralised zones, with drilling now recommended to test depth and strike extensions of the Tiberius lode. The Company will continue reviewing additional mineral project opportunities, to enhance its project portfolio and increase the overall value proposition of RAS. The Company may then consider conducting due diligence on any selected projects. The Company will consider any such opportunities and advance as required (and subject to regulatory approval) to progress with such project(s). The Company is working to ensure it is best placed to deliver value and upside potential for all its shareholders. Aankondiging • Jul 06
Ragusa Minerals Limited Announces That It Has Entered into Separate Binding Heads of Agreements with Iridium Resources Pty Ltd to Acquire 100% of Stradun Australia Pty Ltd, Which Owns 100% of the Monte Cristo Gold Project in Alaska Ragusa Minerals Limited announced that it has entered into separate binding Heads of Agreements (each a "HOA") with Iridium Resources Pty Ltd. ("Vendor 1") to acquire 100% of Stradun Australia Pty Ltd, which owns 100% of the Monte Cristo Gold Project in Alaska, and with Carlo Puca ("Vendor 2"), who holds a 100% interest in exploration licence applications E77/2774 and E70/5708, comprising the Burracoppin Halloysite Project in Western Australia. The binding HOA's are subject to standard conditions, including as requested by the ASX - obtaining shareholder approval for each of the project acquisitions, and conduct a capital raising for $400,000 (before costs) to fund initial exploration activities at both projects (to preserve current capital for expenditure at the Lonely Mine Gold Project). The Monte Cristo Gold Project comprises 500 granted claims (tenements), totalling 323.74km, located in Alaska, USA. The Project is located within the vicinity of multi-million ounce gold projects discovered by Nova Minerals Ltd. (Korbel deposit 4.7m oz Au1) and GoldMining Inc. (Whistler and Raintree deposits with combined 4.8m oz Au2). The Project area contains four historical prospects Monte Cristo, St Eugene, Old Man Breccia and Old Man Diorite and these will be priority exploration targets to conduct initial exploration works. The Monte Cristo Gold Project has several similarities to the Korbel deposit, including several valleys in a similar topographic setting, similar local geology and geophysical features (from resistivity and magnetic survey information). The Company will target exploring for intrusion zones, with the potential to discover large intrusion deposits, similar to the neighbouring multi-million ounce deposits. Ragusa will, subject to successful completion of the transaction, initiate works to determine the most effective development strategy for the Project. The Company will secure specialist and experienced consultants to assist with advancing the Project. The project vendor was involved in the staking and identification of the adjacent Estelle Gold Project and the subsequent Korbel deposit (for Nova Minerals Ltd). The Burracoppin Halloysite Project comprises 68 blocks, is located ~300 kilometres east of Perth in Western Australia, and is prospective for halloysite and kaolinite. The project is located near Merredin, with port access easily accessible via the Great Eastern Highway. All services required for a low-cost operation are in close proximity. The project area adjoins Latin Resources Ltd. ("Latin") Noombenberry Halloysite Project, and specifically the Cloud Nine deposit, with the potential for the strike extension to extend into the Burracoppin Halloysite Project area. Latin estimated a global Inferred Mineral Resource of 207 million tonnes of kaolinized granite, comprising 123 million tonnes of bright white kaolin-bearing material and 84 million tonnes of kaolin/halloysite-bearing material. The local geology in the project area consists predominantly of sandy topsoil and colluvial sediments amongst sporadic granite outcrops in varying degrees of weathering. Noombenberry Rock is a named weathered granite outcrop that protrudes towards the eastern edge of E70/5708, with the majority of the remaining tenement mapped as colluvial/alluvial sediments. Publically available magnetic imagery shows a series of magnetic highs within the project area, potentially being buried greenstones (possibly similar to those that are host to numerous gold and base metal deposits in the Eastern Goldfields of WA). Ragusa will, subject to successful completion of the transaction, initiate works to determine the most effective development strategy for the Project. The Company's initial project review scope proposes the potential for priority drill testing, targeting the open strike extensions of Latin's Cloud Nine deposit . The Company will secure specialist and experienced consultants to assist with advancing the project. Aankondiging • Jun 15
Ragusa Minerals Limited Provides Lonely Mine Gold Project Update Ragusa Minerals Limited announced that it has completed the exploration trenching and sampling works to assist with delineating priority drill target sites at the Tiberius prospect, part of the Company's 100% owned Lonely Mine Gold Project ("Project") in Zimbabwe. The exploration trenching works comprised a total of 13 trench excavations, with average trench length of 60 metres and average trench depth of 1.5 metres (from surface into saprolite bedrock). The aim of the trenching works was to define the shear zone structure identified during the prior geophysical survey works. The trenching works intersected 60% of the geophysical anomalous areas (as delineated by the ground magnetic survey and geological mapping), in form of shear zones, quartz veining, silicification, dykes and formational unit contacts, which are the targeted zones for mineralisation. The trenching works identified the three forms of mineralisation targeted for testing. These areas were sampled via the collection of 19 surface trench samples (from the 13 trenches). The trenching results correspond to the intersection of structures at surface, the geophysical survey anomalous areas, and defined the continuity of strike of the investigated structures and mineralisation trends. The Company is also conducting underground reconnaissance works, with access via the Tiberius shaft, and carrying out underground mapping, channel/rock sampling and surveying works at the Tiberius prospect, to assist with delineation of the priority drill target sites for the planned drill program. The Company is also reviewing additional mineral project opportunities, to enhance its project portfolio and increase the overall value proposition of RAS. The Company may then consider conducting due diligence on any selected projects. The Company will consider any such opportunities and advance as required (and subject to regulatory approval) to progress with such project(s). Aankondiging • May 18
Ragusa Minerals Limited Announces Update from Lonely Mine Gold Project Update Ragusa Minerals Limited announced that it has commenced exploration trenching and underground reconnaissance works to assist with delineating priority drill target sites at the Tiberius prospect, part of the Company's 100% owned Lonely Mine Gold Project in Zimbabwe. The exploration trenching works are being conducted to define the shear zone structure identified during the prior geophysical survey works These works will confirm the priority target sites for the planned drill program. The Company is also conducting underground reconnaissance works, with access via the Tiberius shaft, with the aim to carry out underground mapping and channel/rock sampling works at the Tiberius prospect, to assist with delineation of the priority drill target sites for the planned drill program. The Company is also reviewing additional mineral project opportunities, to enhance its project portfolio and increase the overall value proposition of RAS. The Company may then consider conducting due diligence on any selected projects. The Company will consider any such opportunities and advance as required (and subject to regulatory approval) to progress with such project(s). The Company is working to ensure it is best placed to deliver value and upside potential for all its shareholders. Aankondiging • Dec 01
Ragusa Minerals Limited Announces Resignation of Peter Chai as Non-Executive Director Ragusa Minerals Limited announced that Mr. Peter Chai has resigned as a Non-Executive Director from Ragusa effective 1 December 2020. Aankondiging • Nov 03
Ragusa Minerals Limited, Annual General Meeting, Dec 17, 2020 Ragusa Minerals Limited, Annual General Meeting, Dec 17, 2020. Aankondiging • Oct 02
Ragusa Minerals Limited Appoints Jerko Peter Zuvela as Director Ragusa Minerals Limited announced the appointment of Jerko Peter Zuvela as Director. Date of appointment is 29 September 2020. 