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Melbana Energy - Zapato-1 Drilling Update (ASX:MAY)

Highlights Zapato-1 now at 1,666 metres. Target structure estimated to begin at approximately 2,650 metres Melbana Energy Limited (ASX: MAY) (Melbana) is pleased to pr...read more

Melbana Energy - Zapato-1 Drilling Update (ASX:MAY)

Highlights * Zapato-1 now at 1,482 metres. * Target structure estimated to begin at 2,650 metres Melbana Energy Limited (ASX: MAY) (Melbana) is pleased to provide this update on activities in...read more

MinRex Resources - Placement Update (ASX:MRR)

* Subscriptions from cornerstone investors for $2.95 million worth of shares at 6.2 cents received and will be settled shortly * MinRex pursuing the balance of cornerstone funds per binding firm co...read more

Melbana Energy - Zapato-1 Drilling Update (ASX:MAY)

Highlights - Zapato-1 now at 1,233 metres with target structure estimated to begin at 2,650 metres - Zapato Prospect has a Prospective Resource of 95 million barrels of oil (Best Estimate) Me...read more

Magnetite Mines - Director Appointment/Resignation (ASX:MGT)

Magnetite Mines Limited (ASX:MGT) (Magnetite Mines or the Company) is pleased to announce the appointment of Simon Wandke as Non-Executive Director, effective immediately. Mr Wandke is a highly-a...read more

Melbana Energy - Block 9 Operations Update (ASX:MAY)

Highlights * Zapato-1 drilling ahead, now at 586 metres. Target estimated to begin at 2,650 metres * Independent reserves certification of Alameda and Marti structures expected late June * Appr...read more

MinRex Resources - Approvals Received for Maiden Drilling Over Lithium Projects (ASX:MRR)

* MinRex cashed-up with approximately $11.3M in the bank and an additional $6.8M to settle on 1 June from cornerstone investment group. * Programme of Works approved from the Department of Mines, I...read more

Magnetite Mines - Rights Issue Closes, Secures $15.8Mn as Targeted (ASX:MGT)

Highlights * Rights issue closes raising $15.8 million as targeted * Strong support from shareholders, directors, and new investors - a vote of confidence in the Razorback High Grade Iron Ore Pr...read more

Melbana Energy - Zapato-1 Exploration well on track to spud end of May (ASX:MAY)

Highlights - Relocation of rig and establishment of camp on schedule - All inventory items and materials required for drilling of well on hand, to be supplemented with contingent items and suppl...read more

Magnetite Mines Secures Muster Dam Tenement (ASX:MGT)

Highlights * Magnetite Mines has been formally granted the Muster Dam tenement (EL6746) by the South Australian Department for Energy and Mines * Muster Dam is hosted in the same Braemar Iron Fo...read more

Magnetite Mines - Mines and Money Conference Presentation (ASX:MGT)

To view the presentation, download the attached PDF.

MinRex Resources - Quarterly Activities & Cashflow Reports (ASX:MRR)

Highlights * MinRex adds to the current position ~890 km2 of granted exploration licenses across 14 projects within the highly prospective region of Pilbara, Western Australia (Figure 1). * The ...read more

Melbana Energy - Quarterly Activities/Appendix 5B Cash Flow Report (ASX:MAY)

Cuba - Block 9 PSC (Melbana 30%) * Total depth called on Alameda-1, the first of two exploration wells * Three significant and highly energised oil intervals encountered, each containing moveabl...read more

Melbana Energy - Preparations underway for start of Zapato-1 exploration well (ASX:MAY)

Highlights * Preparations underway for relocation of drilling rig and camp to Zapato-1. Drilling operations forecast to commence last week of May 2022 * The Zapato prospect to be tested by Zapat...read more

Magnetite Mines - Third Quarter Activities & Cashflow Reports (ASX:MGT)

Highlights * Positive Expansion Study completed for the Razorback Iron Ore Project, demonstrating the business case for further, staged expansion scenarios at the Project. * The Single Step Expa...read more

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