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Nevertire’s Rebecca George receives scholarship

At 22 years of age, Nevertire's Rebecca George hopes to work with producers to achieve more sustainable methods of farming, whilst increasing efficiency. This week Rebecca has been named a recipient of The Royal Agricultural Society of NSW (RAS) Foundation's 2019 Rural Scholarship program. With a passion in beef cattle and dry land cropping, Rebecca is currently completing her fourth year of a Bachelor of Agriculture/ Bachelor of Business at the University of New England. Rebecca is one of three recipients of the scholarship program who call the Orana region home. An initiative designed to build strong and vibrant NSW rural communities, the scholarships are awarded to students originally from rural areas who are studying at University or TAFE within New South Wales. READ ALSO: RAS Foundation Manager Cecilia Logan said the future of rural and regional NSW starts with its youth. “The RAS Foundation is proud to recognise its 2019 scholarship recipients for their hard work and co..

At 22 years of age, Nevertire's Rebecca George hopes to work with producers to achieve more sustainable methods of farming, whilst increasing efficiency. This week Rebecca has been named a recipient of The Royal Agricultural Society of NSW (RAS) Foundation's 2019 Rural Scholarship program. With a passion in beef cattle and dry land cropping, Rebecca is currently completing her fourth year of a Bachelor of Agriculture/ Bachelor of Business at the University of New England. Rebecca is one of three recipients of the scholarship program who call the Orana region home. An initiative designed to build strong and vibrant NSW rural communities, the scholarships are awarded to students originally from rural areas who are studying at University or TAFE within New South Wales. READ ALSO: RAS Foundation Manager Cecilia Logan said the future of rural and regional NSW starts with its youth. "The RAS Foundation is proud to recognise its 2019 scholarship recipients for their hard work and commitment in contributing to the future of rural and regional NSW," she said. "The Rural Scholarships are aimed at reducing some of the financial challenges rural students face when it comes to pursuing their education and training goals. "It is pleasing that through the RAS Foundation we are able to provide support to these tremendous ambassadors for country NSW, and we look forward to following their progress as they work towards achieving their goals." The Orana scholarship recipients include: The RAS Rural Scholarships offer financial grants of $6,000 for full-time study and $3,000 for part-time study to assist students who are passionate about contributing to the future of rural and regional communities.

Nevertire's Rebecca George.

At 22 years of age, Nevertire's Rebecca George hopes to work with producers to achieve more sustainable methods of farming, whilst increasing efficiency.

This week Rebecca has been named a recipient of The Royal Agricultural Society of NSW (RAS) Foundation's 2019 Rural Scholarship program.

With a passion in beef cattle and dry land cropping, Rebecca is currently completing her fourth year of a Bachelor of Agriculture/ Bachelor of Business at the University of New England.

Rebecca is one of three recipients of the scholarship program who call the Orana region home.

An initiative designed to build strong and vibrant NSW rural communities, the scholarships are awarded to students originally from rural areas who are studying at University or TAFE within New South Wales.

READ ALSO:

RAS Foundation Manager Cecilia Logan said the future of rural and regional NSW starts with its youth.

"The RAS Foundation is proud to recognise its 2019 scholarship recipients for their hard work and commitment in contributing to the future of rural and regional NSW," she said.

"The Rural Scholarships areRead More – Source

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Australia

Core Lithiums new high-grade intersections to add to Carlton resource

Core Lithium Ltd (ASX:CXO) has confirmed new high-grade spodumene pegmatite intersections at the Carlton Prospect that are expected to expand the lithium resource.

The expanding Carlton lithium resource is currently being considered for addition to the development schedule and should add significant mine-life to the Finniss Lithium Project near Darwin in the NT.

High-grade results
High-grade lithium intersections outside the current resource include:

35 metres at 1.32% lithium oxide (NRC151);
14 metres at 1.40% lithium oxide and 8 metres at 1.37% lithium oxide (NRC154); and
23 metres at 1.12% lithium oxide and 32 metres at 1.52 % lithium oxide (NRC156) Including 5 metres at 2.69% lithium oxide.

These new drill results show that the primary pegmatite body at Carlton extends at least a further 100 metres vertically from previous drilling, and also extends south by an additional 100 metres.

A number of drill holes also intersected a second pegmatite body in addition to the primary pe..

Core Lithium Ltd (ASX:CXO) has confirmed new high-grade spodumene pegmatite intersections at the Carlton Prospect that are expected to expand the lithium resource.

The expanding Carlton lithium resource is currently being considered for addition to the development schedule and should add significant mine-life to the Finniss Lithium Project near Darwin in the NT.

High-grade results

High-grade lithium intersections outside the current resource include:

  • 35 metres at 1.32% lithium oxide (NRC151);
  • 14 metres at 1.40% lithium oxide and 8 metres at 1.37% lithium oxide (NRC154); and
  • 23 metres at 1.12% lithium oxide and 32 metres at 1.52 % lithium oxide (NRC156) Including 5 metres at 2.69% lithium oxide.

These new drill results show that the primary pegmatite body at Carlton extends at least a further 100 metres vertically from previous drilling, and also extends south by an additional 100 metres.

A number of drill holes also intersected a second pegmatite body in addition to the primary pegmatite

Cross-section showing primary and new secondary pegmatite body south of the current resource at Carlton

Core managing director Stephen Biggins said: “Cores ability to continue to find, expand and define new high grade spodumene pegmatite deposits at Finniss sets the path to delivering a long-term high-quality lithium supply on Asias doorstep.

“Recently renewed Chinese Government support for the Electric Vehicle industry is expected to strengthen Asian EV sales alongside remarkable 30%-40% year-on-year growth in EVs in Europe.

“I wouldnt be surprised to see markets panic about the future shortfall in lithium supply as forecasts start to take into account lack of investment in new lithium supply as EV sales accelerate in China and back calculate the time needed for new supply to qualify to be on the road in a lithium battery in a new EV.

“Todays lithium inventory will look like a small speed-bump on the EV super-highway of tomorrow.”

Main prospects in the northern FinnissRead More – Source

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Australia

Alice Queen focused on advancing Horn Island JV and Northern Molong projects

Alice Queen Ltd (ASX: AQX) is underway with 2020 exploration programs across its projects with drilling at the Horn Island JV in Queensland and at Yarindury within the Northern Molong Project in New South Wales.

The companys strategy for increasing shareholder value in 2020 is centred on these two projects.

Alice Queen managing director Andrew Buxton said: “Having made great strides with our JV partner St Barbara in the latter part of 2019 and also commencing exploration drilling at our Northern Molong project, Yarindury, we are poised to further build value in 2020.

“The drilling program recommenced at Yarindury in early January and whilst this … is nearing completion, additional land access efforts to further target areas and drilling applications remain ongoing.

With drilling also now underway at the site of the gold mineral resource at Horn Island, Buxton said the company expected a steady stream of newsflow over the coming months as these programs progressed.

Horn Island JV
D..

Alice Queen Ltd (ASX: AQX) is underway with 2020 exploration programs across its projects with drilling at the Horn Island JV in Queensland and at Yarindury within the Northern Molong Project in New South Wales.

The companys strategy for increasing shareholder value in 2020 is centred on these two projects.

Alice Queen managing director Andrew Buxton said: “Having made great strides with our JV partner St Barbara in the latter part of 2019 and also commencing exploration drilling at our Northern Molong project, Yarindury, we are poised to further build value in 2020.

“The drilling program recommenced at Yarindury in early January and whilst this … is nearing completion, additional land access efforts to further target areas and drilling applications remain ongoing.

With drilling also now underway at the site of the gold mineral resource at Horn Island, Buxton said the company expected a steady stream of newsflow over the coming months as these programs progressed.

Horn Island JV

During the first six months of the earn-in JV with St Barbara Ltd (ASX:SBM), at which St Barbara is earning up to 70% in defined areas, the first two works programs were completed successfully.

Soils and rock chip programs were completed in October 2019 and the subsequent ground Dipole Induced Polarisation (DDIP) Survey was completed prior to Christmas.

Anomalous gold results from the surface program were returned and the DDIP survey was undertaken over a similar area.

The DDIP and surface results will be assessed ahead of the next stage in the exploration program.

Mineral resource drilling

Drilling as part of a targeted PQ diamond core drill program is underway at the Horn Island pit, which is excluded from the JV.

This consists of three holes for 540 metres to provide a larger sample size from within the existing mineral resource to further advance planning for future resource drilling, as well as providing sufficient material for bulk ore sorting test work with Tomra.

The gold within the Horn Island inferred resource is predominantly contained within the quartz veins and not within the host rock which means Tomra ore sorting technologies offer the potential to reduce the mass of material prior to milling by separating veins from the host rock.

This could reduce the scale and cost of the processing plant required as well as potential operating cost savings.

YarinduRead More – Source

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Australia

Resolute Mining recommences trading, issues first $146 million tranche of placement

Resolute Mining Limited (ASX:RSG) has issued 132.7 million shares at $1.10 raising $146 million in the first tranche of its two-tranche placement and share purchase plan (SPP).

The combined capital raising plans to raise a combined $196 million.

As customary in these circumstances, the $25 million second tranche of the placement will require shareholder approval – a meeting has been set for 27 February 2020.

The remaining $25 million aims to be raised by an SPP, which will give eligible shareholders of Resolute an opportunity to bid for up to $30,000 worth of stock at the $1.10 issue price.

Proceeds will be used to fully repay the US$130 million Toro Gold bridge facility.

Placement received strong support
Resolutes managing director and CEO John Welborn said: “We welcome the overwhelming support that has enabled the successful close of our A$146 million placement.

“Resolute received an exceptional level of interest from both new and existing institutional investors across Europe ..

Resolute Mining Limited (ASX:RSG) has issued 132.7 million shares at $1.10 raising $146 million in the first tranche of its two-tranche placement and share purchase plan (SPP).

The combined capital raising plans to raise a combined $196 million.

As customary in these circumstances, the $25 million second tranche of the placement will require shareholder approval – a meeting has been set for 27 February 2020.

The remaining $25 million aims to be raised by an SPP, which will give eligible shareholders of Resolute an opportunity to bid for up to $30,000 worth of stock at the $1.10 issue price.

Proceeds will be used to fully repay the US$130 million Toro Gold bridge facility.

Placement received strong support

Resolutes managing director and CEO John Welborn said: “We welcome the overwhelming support that has enabled the successful close of our A$146 million placement.

“Resolute received an exceptional level of interest from both new and existing institutional investors across Europe and Australia which saw the book many times oversubscribed.

“The heavily supported equity raise is an important endorsement of the companys strategy and vision to create a leading innovative and responsible mid-tier African gold producer.”

Directors plan to buy shares alongside investors

Notably, Resolute directors intend to participate in the equity raising via tranche two after received shareholder approval at the upcoming general meeting.

Resolute prRead More – Source

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