Australia
Dark Horse Resources gears up for drill campaign on newly acquired Tampere gold project in Finland
Its a time of significant change for Dark Horse Resources Ltd (ASX:DHR). The company is expected to list on a European stock exchange in the near future in order to reflect better the strategic shift that has taken place, as it has moved its focus away from Argentina towards Finland and Sweden, where it has recently acquired new properties.
The precise timing of the European listing has yet to be decided, since the coronavirus is playing havoc with many peoples timetables, but Dark Horse is already listed in Australia, so sophisticated European investors already have a chance to buy in if they want to.
Now might be an opportune time, because the companys plans for transformation are only just getting started, according to chief executive David Mason.
“Our new business strategy is to source gold projects in good mining jurisdictions worldwide, with a particular emphasis on Australia, North America and Europe,” he says.
“Weve evaluated numerous projects over the past six months, and ..

Its a time of significant change for Dark Horse Resources Ltd (ASX:DHR). The company is expected to list on a European stock exchange in the near future in order to reflect better the strategic shift that has taken place, as it has moved its focus away from Argentina towards Finland and Sweden, where it has recently acquired new properties.
The precise timing of the European listing has yet to be decided, since the coronavirus is playing havoc with many peoples timetables, but Dark Horse is already listed in Australia, so sophisticated European investors already have a chance to buy in if they want to.
Now might be an opportune time, because the companys plans for transformation are only just getting started, according to chief executive David Mason.
“Our new business strategy is to source gold projects in good mining jurisdictions worldwide, with a particular emphasis on Australia, North America and Europe,” he says.
“Weve evaluated numerous projects over the past six months, and were still looking at assets in North America and Australia. But our first is the Tampere gold project in Finland.”
So, more deals could be on the way. in the meantime, though, an operational pullback from Argentina has been effected, and in a short space of time Finland has become the focus.
The deal was announced in early June, and on 7 July Dark Horse said that the completion of the permit purchase agreement with the seller, Sotkamo Silver AB, was reaching its final stages.
Around A$675,000 has been raised to get to work, and a drill programme is planned for later in the year, and an ongoing shareholder participation could another A$1mln or more.
But whats the opportunity here, if Sotkamo has seen fit to sell these assets?
The answer is that Sotkamo has recently put a silver mine into production, and that process has changed its whole way of looking at the world. Its no longer really an explorer, and assets like the Tampere gold project were no longer a key focus.
In the end, Sotkamo parted with Tampere and an associated portfolio of Swedish tungsten assets for €150,000 clean, with no residual milestone or royalty payments left hanging over Dark Horse. In that sense the deal looks a good one from the Dark Horse perspective.
Now the company has to get out and find some gold.
The initial area of operations will be on Hopeavuori leases, which already boast 3,000 metres worth of historic drilling. Some good gold intercepts were returned from this drilling, with highlights including 11.5 metres at 19.4 grams per tonne and three metres grading 106.7 grams per tonne, both close to surface.
Indeed, of the 54 holes previously drilled, none went deeper than 100 metres, while laterally they only covered around 200 metres of strike.
Mason reckons that the strike could be as much as 800 metres long, and with the mineralisation open at depth too, theres clearly an opportunity for some ambitious resource development work to be done.
Accordingly, the drilling should start in September or October of this year, supported by the new money, and it will be interesting to see the results as they come in.
In the meantime, Dark Horse will also be evaluating the other gold prospects in the new portfolio, some of which also haveRead More – Source
Australia
Australia election: Why is Australia’s parliament so white?

Australia
Scott Morrison effectively ditches his promise to establish a federal anti-corruption commission

Scott Morrison has effectively abandoned his promise to establish a federal anti-corruption watchdog, confirming he would only proceed with legislation in the new parliament if Labor agreed to pass the Coalition’s heavily criticised proposal without amendments.
Morrison pledged before the 2019 election to legislate a federal integrity body in the parliamentary term that has just ended. The prime minister broke that promise, failing to introduce his own proposal before the 46th parliament was prorogued.
On the hustings on Wednesday, Morrison was asked – given his previous undertaking to create the body – whether he would promise to put his proposal to a vote in the next parliament in the event the Coalition won the 21 May election.
Morrison declined to make that promise. “Our position on this hasn’t changed,” the prime minister said. “Our view has been the same – when the Labor party is prepared to support that legislation in that form, then we will proceed with it.”
The prime minister has attempted to inoculate himself from criticism about breaking an election promise by saying he tabled the integrity commission proposal in the parliament.
Tabling an exposure draft, which is what the prime minister did, is not the same as introducing finished legislation to the House of Representatives or the Senate that is then debated and voted on.
As well as repeatedly fudging what happened in parliament, Morrison has also created the impression the proposal can only proceed if Labor agrees to its passage without amendments.
All governments routinely introduce legislation for debate without any undertaking that it will be passed by the opposition. Labor favours a stronger model than the Coalition’s proposal.
Morrison’s lack of urgency on the issue created tensions within government ranks. Late last year, the Tasmanian Liberal MP Bridget Archer crossed the floor to support independent MP Helen Haines’ bill to establish a federal integrity commission. Archer accused the government of “inertia” over the issue.
At that time, Archer said she was “perplexed” at her own government’s failure to release a revised bill almost three years after it was promised before the last election.
While Morrison clearly wants to move on from the issue, he will face renewed pressure from crossbench independents if the coming election is close enough to deliver a hung parliament.
A number of independents running against Liberals in metropolitan seats have made it clear that establishing a credible national integrity commission will be a key demand in the event any new government – Liberal or Labor – is seeking agreements for confidence and supply.
Haines blasted Morrison’s comments on Wednesday. “Mr Morrison broke an election promise to introduce an anti-corruption commission and his pathway to creating one is still as vague as it was in the last parliament,” she said.
The crossbench independent said it was “nonsense” for the prime minister to claim that he could not proceed unless Labor agreed with the Coalition’s proposal without seeking any amendments. “It would appear we are in the same void as we were before,” Haines said.
Australia
Chinese healer Hong Chi Xiao has manslaughter charge overturned and will face new trial

A western Sydney “slapping therapy” practitioner who was found guilty of the manslaughter of a six-year-old diabetic boy and sentenced to 10 years in prison has had his conviction overturned and will face another trial.
Hong Chi Xiao appeared in Sydney’s Court of Criminal Appeal on Wednesday.
Mr Xiao was extradited from London to Sydney in 2017 to face charges more than two years after the boy, who cannot be named for legal reasons, died following a series of workshops held in Hurstville in April 2015.
The boy’s parents attended the conference where the self-proclaimed Chinese healer showed a “disdain for Western medicine”.
Mr Xiao allegedly advised the parents to stop their son’s insulin injections and blood glucose tests.
A Health Care Complaints Commission (HCCC) investigation found that Mr Xiao told the boy’s parents that slapping therapy “could heal all diseases, including diabetes, and that no medication was required because insulin could be generated” through the treatment.
He also allegedly recommended the six-year-old boy stop eating for three days and only drink water or a “ginger date drink”.
Slapping therapy, also known as paida lajin, advocates the slapping of skin to release toxins from patients.
The boy became visibly ill over several days and began vomiting a black substance, but Mr Xiao allegedly told the boy’s mother that his body was adjusting to the “self-healing process”.
He began having seizures and was rushed to St George Hospital, where he died.
The NSW Coroner found the treatment directly caused the boy’s death on April 27, 2015.
A District Court jury found Mr Xiao guilty of manslaughter for breaching the duty of care he owed the six-year-old boy through gross negligence.
He was handed a sentence of 10 years with a non-parole period of 7½ years in December 2019.
District Court Judge Garry Neilson said Mr Xiao showed “no signs of true remorse”.
Mr Xiao launched an appeal against his conviction, claiming inconsistencies in the evidence and that Judge Neilson told the jury that there was “no defence” during the trial.
Tim Game SC told the court that Judge Neilson did not summarise the defence case and did not give enough evidence to the jury to make a sound decision.
After a short adjournment, Justice Derek Price, Justice Ian Harrison and Justice Mark Ierace granted the appeal and quashed Mr Xiao’s conviction.
However, he will have to face a fresh trial in front of a new jury.
Mr Xiao will face the Sydney District Court on March 11 for mention.
He has been permanently banned from practising medicine by the HCCC.
The boy’s mother, father and grandmother were also initially charged over his death, but they were found not guilty and acquitted.
Mr Xiao has been in prison since his arrest in 2017 but has long rejected criticism that his techniques endanger lives.
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