Auroch Stakes Highly Prospective IOGC Project at Lake Torrens

Auroch’s Torrens East copper project comprises two exploration licence applications covering a combined area of 1,622km2 and according to the company is considered highly-prospective for IOCG mineralization.

Auroch Minerals (ASX:AOU) has announced that it has applied for a large exploration tenement package in the Lake Torrens region of South Australia.

Auroch’s Torrens East copper project comprises two exploration licence applications covering a combined area of 1,622km2 and according to the company is considered highly-prospective for IOCG mineralization.

As highlighted in the press release:

  • Auroch has pegged 1,622km2 of ground considered highly-prospective for IOCG mineralization in the Lake Torrens region of South Australia
  • The large exploration licence applications are situated adjacent to the Torrens JV (70percent Aeris Resources; 30 percent Argonaut Resources) and cover the same large gravity anomaly
  • The ELAs are located approximately 50km from BHP’s recently-announced drilling in the Olympic Dam copper-gold province, host to the world-class Olympic Dam and Carrapateena (Oz Minerals Ltd) IOCG deposits. BHP’s significant drill results included: 425.7m at 3.04 percent copper and 0.59 grams per tonne (g/t) gold, including 180m at 6.07 percent copper and 0.92 g/t gold
  • A review of all historical geophysical and geological data is underway with an exploration programme planned for early 2019

Click here to read the full Auroch Minerals (ASX:AOU) press release.

Petratherm Limited Announces Filing of Early Warning Report Related to the Disposition of Common Shares of Outback Goldfields Corp.

Petratherm Limited (ASX: PTR) (“Petratherm”) announces that it has filed an early warning report (the “Report”) announcing that it has disposed of 33,333,333 common shares (the “Disposed Shares”) of Outback Goldfields Corp. (CSE:OZ) (formerly, Skarb Exploration Corp.) (“Outback Goldfields“). Petratherm acquired the Disposed Shares as consideration for the sale of its gold projects located in Victoria, Australia. Unless permitted under securities legislation, Petratherm must not trade the common shares before April 16, 2021. Following the expiry of this restriction period, Petratherm distributed all of the Disposed Shares in specie to its shareholders effective today. Following the disposition of the Disposed Shares, Petratherm holds nil shares of Outback Goldfields.

This press release is being issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bids and Insider Reporting Issues in connection with the filing of the Report by Petratherm.

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AU$4 Billion Galaxy/Orocobre Merger to Create Top 5 Lithium Company

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Once the merger is complete, the new company will become a top five lithium chemicals company globally — and top three outside of China — with production capacity of around 40,000 tonnes of lithium carbonate equivalent per year.

“The merged entity’s growth opportunities in both brine and hard rock position it uniquely to take advantage of expected rising EV demand for lithium,” Galaxy Chairman Martin Rowley said.

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IIROC Trading Halt – TMRR

The following issues have been halted by IIROC:

Company: Tempus Resources Ltd.

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Cleantech Investing in Australia

Climate change is a looming issue for Australians, with 82 percent concerned about bushfires and 81 percent worried that drought or flooding will affect crop production and food supply.

This is where conscious investors look to the cleantech sector, which covers everything from renewable energy to low-emission technologies to water technology to battery storage and more.

What should investors know about cleantech in Australia before they jump in? Read on for a look at key factors, including market size, the industries encompassed by cleantech and big players to watch.

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Galaxy Resources Limited Announcement

Galaxy Resources Limited (ASX: GXY) ( Company ) advises that the following announcement has been made to the Australian Securities Exchange which appears on the Company’s platform (ASX):

  • Becoming a substantial holder

The announcement can be viewed at:

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