Metminco Reports Drill Results from Chuscal Gold Target

Metminco has completed the first hole of the maiden drilling program on the Chuscal gold target at a depth of 452.5 metres.

Metminco (ASX:MNC) has completed the first hole of the maiden drilling program on the Chuscal gold target at a depth of 452.5 metres, after being extended by approximately 100 metres based on the encouraging visual observations from the drill core by the team on-site.

As quoted in the press release:

Managing Director Jason Stirbinskis said: “The first hole intersected a zone of strongly altered monzonite and diorite from 136 metres before passing into an extensive zone of hydrothermal breccias and magmatic breccias with overprinting by epithermal veinlets from 212 metres down to 410 metres.

“We are eagerly awaiting the assay results to know which parts or if all of this 274-metre zone is related to the generation of the extensive surface gold anomaly.”

Click here for the full text 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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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.

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Company: Tempus Resources Ltd.

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Cleantech Investing in Australia

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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

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The announcement can be viewed at:
https://www2.asx.com.au/markets/trade-our-cash-market/announcements.gxy

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