Monday, 3 September, 2018 - 17:17
Board Moves September 3, 2018
Jim McDowell has resigned as non-executive director of Austal. Mr McDowell has accepted an appointment to become chief executive of the Premier and Cabinet in South Australia.
Ed Turner has more than 30 years of experience as a geologist throughout Europe, South America, Africa and Australia in a range of roles encompassing base, precious and specialty metals for leading mining companies. His technical strengths include open pit and underground mining, resource estimation, feasibility studies and development level work.
Rank | Company | # | |
---|---|---|---|
186th | ![]() |
Lodestar Minerals | $640.64k |
231st | ![]() |
Galan Lithium | $317.55k |
232nd | ![]() |
Coda Minerals | $307.23k |
233rd | ![]() |
Brockman Mining | $305.74k |
234th | ![]() |
Killi Resources | $305.42k |
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
1694th | Revolver Resources">Revolver Resources | -68.19% | 0% |
1695th | Triangle Energy Global">Triangle Energy Global | -68.33% | -33.67% |
1696th | Lodestar Minerals">Lodestar Minerals | -68.34% | -30.86% |
1697th | Codrus Minerals">Codrus Minerals | -68.42% | 0% |
1698th | Lykos Metals">Lykos Metals | -68.94% | 0% |
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NEW ROLE: Managing Director, Lodestar Minerals | 28 Feb 2023 |
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NEW ROLE: Non-Executive Director, Lodestar Minerals | 02 Dec 2022 |
Jim McDowell has resigned as non-executive director of Austal. Mr McDowell has accepted an appointment to become chief executive of the Premier and Cabinet in South Australia.
Kingwest Resources plans to spend funds committed by sophisticated and institutional investors to accelerate ongoing exploration activities across its Western Australian projects.
Our board moves wrap includes Michael Bowen, Jay Hughes, Gregory Bittar, Ed Turner, Tony Bevan, and Paula Raffo.
Our board moves wrap includes Jonathan Fisher, Bill Clayton, Ross Taylor, Ed Turner, Jag Sanger, Tommy Logtenberg, Lisa Riley, Robin Romero, and Libby Mounsey.
Our board moves wrap includes Alasdair Cooke, Ed Turner, Ross Taylor, and Kwang Guan Tay.
Galena Mining has announced outstanding metallurgical test work results from its flagship Abra lead project, confirming its ability to produce high grade concentrates averaging 74.5% lead with recoveries exceeding 94%. Results showed that the ores can be processed into high quality base metal concentrates with low impurities, using conventional crushing and flotation techniques.
Galena Mining has intersected copper-lead sulphide mineralisation in a deep exploration drilling program at its Woodlands geological complex, 200km north of Meekatharra in W.A. The company targeted two highly conductive geophysical electromagnetic targets that coincide with anomalous copper and lead assays from historical drilling.
Galena Mining has announced some outstanding results in a scoping study for its Abra lead project in WA. With an initial mine life of 11 years, a base case scenario produces a pre-tax, post-royalty net present value of $394 million and a 61 percent internal rate of return. When fully operational, Abra will produce 1 million tonnes annually and generate free cash flows of up to $110 million a year.
Galena Mining’s targeting of the “apron zone” at its Abra project near Meekatharra will have shareholders pulses racing, after the company intercepted a 15.4m drill section grading 25.9% lead and 74g/t silver from 519m down-hole, including 7.7m at 41.7% lead and 116g/t silver from 525.7m. Drilling also intersected 8.0m @ 9.5g/t gold, 1.4% lead, 0.6% copper and 77g/t silver from 706m in the same hole.
Galena Mining’s resource drilling of the “apron zone” at its Abra project near Meekatharra has delivered wider intersections than expected, with results up to 28.3m grading 8.9% lead and 52g/t silver from 346.9m down-hole, including 8.1m at an impressive 11.2% lead from 395.8m deep. The drilling campaign is shoring up mineral resources that are to be incorporated into the company’s ongoing PFS, due for release next month.
Galena Mining has appointed former Paladin Energy Chief Executive Officer Alex Molyneux as its Managing Director and Chief Executive Officer with effect from the 1st of September 2018 as the company moves towards becoming a base metals producer. Current Chief Executive Officer Ed Turner will remain as the company’s General Manager of Geology and Exploration from the same date.
Galena Mining’s resource extension drilling of the “apron zone” at its Abra lead-silver project near Meekatharra continues to extend the known mineralisation, with results of 16.2m @ 9.2% lead and 44g/t silver from 373m down-hole, including 4.5m @ 15.1% lead and 44g/t silver from 384.7m. The current campaign is proving up mineral resources that will be incorporated into the company’s PFS, due for release later this quarter.
Kingwest Resources is rapidly making its newly acquired Menzies gold project its own with ounce plus hits rolling off the drill bit. Thirty six grams per tonne gold over a metre intersection is a good start to what is shaping up to be an action-packed drill program across this exciting project that is littered with historic workings and old shafts.
Kingwest Resources recent Menzies acquisition looks like it might provide a payday for the ASX listed junior with ounce plus hits spinning off the drill bit. Latest results include 0.3m grading 71.3g/t within a broader zone of 1.5m grading 14.33g/t. This gold hit is located an impressive 100m below the known mineralisation at the historic Lady Shenton mine, potentially extending the length by at least 100m.
Kingwest Resources’ has rounded out the year at its Menzies gold project with some nice hits including 2.48m @ 23.22g/t that included almost half a metre going a whopping 110g/t – or 3.5 ounces to the tonne gold from the First Hit prospect. First Hit produced the best intercept of the year for Kingwest at 57.6 gram metres from 121.52m downhole, followed by Pericles with 41.5 gram metres.
A trip to the Mines Department appears to have paid off in spades for Kingwest Resources who has unearthed a treasure trove of lucrative looking historical face sample results taken along development drives and rises at its Menzies project. The results from 1924, show some amazing grades along the faces such as 22.3g/t gold over 31m of development at an average sampled width of 2.1m.
It is hard to understand how the old-timers left 49.5 g/t gold dirt behind at Kingwest’s Lady Shenton mine near Menzies, however that is what the recently unearthed records show from face sampling done over 100 years ago. Mines Department records from the long-abandoned mine include a 22m long drive going 49.5 g/t within a 45m long section going 22.3 g/t gold.
Kingwest Resources said its Pericles prospect has booked an 87% upgrade in total estimated resources to 79,500 ounces of contained gold which pushes the total near-surface resources at the Menzies Gold project to 208,300oz of gold. The indicated resource at Pericles now sits at 630,000 tonnes at 1.8g/t gold and the inferred resource is 780,000 tonnes grading 1.7g/t gold.
After an aggressive exploration campaign across its Menzies and Goongarrie projects in WA, Kingwest Resources has now surpassed the 250,000-ounce milestone for near surface gold resources across the two project areas. 233,336 of those ounces are housed at the company’s jewel in the crown, the Menzies gold project with the previous combined shallow resource estimate across both projects jumping from 171,000 ounces.
Kingwest Resources’ First Hit prospect has broken its own solid gold records, smashing out three metres with an incredible five ounces to the tonne gold that also includes a smaller two metre zone going 237.5 grams per tonne - over 7.5 ounces of gold to the tonne. Another stellar result was 5m grading 13.1g/t from 32m - an important result confirming the presence of the Stirling lode, above Lady Shenton.
Kingwest Resources continues to hit gold at depth at its Menzies project 130km north of Kalgoorlie after it hit its deepest-ever intercept below the Princess May shoot, returning a metre at 25.4g/t gold from 731.5m. Kingwest said the result proves that gold mineralisation continues below level 21 at the underground workings beneath the historical Yunndaga open pit.
Kingwest Resources has identified multiple new high-grade lodes at its Menzies gold project in Western Australia. The company is now undertaking optimisation studies on its near surface gold resources to determine how the recent aggressive drilling campaign has potentially enhanced the economic viability of the project. New high-grade lodes have been discovered at the Central Zone.
Kingwest Resources has lifted the total mineral resource at its historic Menzies gold project about 130km north of Kalgoorlie by a further 37 per cent after updating the estimate for the Lady Shenton deposit and unveiling a maiden estimate for the Stirling deposit. The revised global inferred and indicated resource for Menzies now stands at 4.78 million tonnes going 2.08 g/t for 319,900 ounces of contained gold, with much of it near surface.
Kingwest Resources is about to embark on a maiden RAB and aircore drilling program at its Goongarrie gold project 40km south of its flagship Menzies project and 90km north of Kalgoorlie. The gold hopeful, who recently completed an encouraging scoping study on the Goongarrie Lady deposit, has decided to sink the drill bit into what it describes as “an overlooked gold exploration opportunity”.
ASX-listed gold hopeful, Kingwest Resources, has offloaded a couple of non-core assets that are not part of its flagship Menzies gold project, pocketing just over $2 million which it intends to sink into exploration and development drilling work at Menzies. Kingwest’s Menzies project involves a plethora of old gold projects littered across about 10km of strike.
ASX-listed gold explorer, Kingwest Resources, has the drill rods spinning again at its flagship Menzies gold project about 130km north of Kalgoorlie as it looks to accelerate exploration programs, mineral resource estimates and scoping studies towards a potential revival of the historic project.
Kingwest Resources’ drilling campaign at Menzies in WA has continued to return a stream of spectacular drill intercepts including 1m at 107.00 g/t gold from 88m and an impressive 5m at 13.8 g/t gold that boasts a 2m long higher-grade section going an ounce to the tonne gold from 122m. The company has now expanded its program over the resurgent goldfield from 10,000m to 14,000m of drilling.
Kingwest Resources has continued to reel off a string of high-grade gold hits from multiple deposits as part of an onslaught of resource definition drilling at its Menzies gold project about 120km north of Kalgoorlie. The latest stand-out RC drill intersections included 11m at 7.13 g/t from 62m, 2m at 20.71 g/t from 91m, 1m at 26.78 g/t from 40m and 1m at 22.42 g/t from 88m.
Kingwest has landed another solid set of gold hits in its last dozen drill holes for 2020 at the Pericles deposit within the Lady Shenton System at its Menzies gold project in WA. Amongst the numbers was an intercept of 6m at 1.49 g/t gold from 214m downhole, a whopping 80m deeper than any previous drilling, whilst other shallower intercepts recorded grades up to 8.35 g/t.
Gold hopeful, Kingwest Resources has turned in the first assays from its inaugural aircore drilling campaign at the Goongarrie gold project and they have not disappointed. The initial report card reads well with one of the best hits returning a stellar 38m at 3.1 g/t gold from 62m, including 6m at 17.2 g/t from 94m downhole. The project sits almost on the main highway between Kalgoorlie and Menzies.
Kingwest Resources has expanded its global gold resource based on a cluster of deposits at its historic Menzies gold project about 130km north of Kalgoorlie by more than 125,000 ounces following its recent major resource definition drill out. The company increased the combined resource estimate for Menzies to 11 million tonnes of ore at an average grade of 1.26 grams per tonne for 446,200 ounces of gold.
Perth-based explorer Kingwest Resources continues to make waves in the Goldfields of WA with an initial aircore drilling campaign at the Goongarrie gold project returning significant results from three areas where the company appears to have defined a gold anomaly over 1,000m in strike length at Area 9. Further drilling on newly identified targets at the project is planned for quarter two.
Kingwest Resources has released a “strong economic case” for mining to kick off at its multi-deposit Menzies gold project in WA. The company’s scoping study on Menzies points to a proposed open-cut mining and toll treatment operation spitting out estimated net revenue of $330 million and free cash flows of between $64 million and $95 million across an initial project life of just over two-and-a-half years.
ASX-listed junior explorer, Kingwest Resources has finalised the acquisition of its advanced, multi-deposit Menzies gold project about 130 kilometres north of Kalgoorlie and the greenfields Goongarrie gold project 90km north of Kalgoorlie. Horizon Minerals has now banked the last instalment of $1.625 million cash and 10.83 million Kingwest shares to complete the $8 million sale to Kingwest announced in 2019.
ASX-listed gold explorer, Kingwest Resources continues to deliver the goods at the Menzies project in the Goldfields of WA. Recent extensional and infill drilling has returned a suite of high-grade results outside the existing mineral resource including 4 metres going 7.7 grams per tonne gold. Interestingly, some holes hit gold outside the pit shell design from the recent scoping study.
Kingwest Resources will start a new round of deeper drilling at its Menzies gold project north of Kalgoorlie in WA later this month after reporting more high-grade hits from below shallow existing resources at the historic mine. Best new intercepts include 12m at 3.7 grams per tonne gold from 102m and 2m at 17.3 g/t gold from 125m.
ASX-listed aspiring gold developer, Kingwest Resources has kicked off another round of reverse circulation drilling targeting depth extensions to a triumvirate of key near-surface satellite deposits that form part of its flagship Menzies gold project in WA. The company will look to delve deeper at the project’s Lady Shenton, Lady Harriet and Yunndaga systems to test for gold mineralisation beneath the current indicated and inferred resources for each.
Extensional RC drilling by ASX-listed Kingwest Resources has delivered a slew of cracking high-grade gold hits in auriferous shoots outside the existing mineral resource at its multi-deposit Menzies gold project in WA. The pick of the new intersections from the recently completed program was 26m at an average grade of 4.56 grams per tonne gold from 158m including 2m at 49.49 g/t from 169m.
Kingwest Resources has teased out tantalising gold intersections from drilling beyond the current pit shell limit for one of the key deposits at its multi-deposit flagship Menzies gold project in WA. The company’s extensional drilling at the Yunndaga deposit returned impressive assays of 7m grading 5 g/t gold from 163m including 3m at 10.6 g/t and 5m at 2.35 g/t from 100m including 1m at 7.55 g/t.
Kingwest Resources has chalked up a cluster of encouraging gold intersections from a recent round of follow-up reverse circulation drilling at its promising Goongarrie gold project about 90km north of Kalgoorlie in WA. The stand-out composite assays were 20m grading a respectable 2.55 grams per tonne gold from 72m including 8m at 4.94 g/t from 72m, 4m going at 2.18 g/t from 64m and 8m at 1.43 g/t from 44m.
ASX-listed Kingwest Resources has kicked off an aircore drilling campaign at its Lake Goongarrie project 90km north of Kalgoorlie. The campaign taking aim at litho-structural targets will punch out 5,000m of drilling with first assays expected in a couple of weeks. Final assays from recent drilling at “target A9” show a headline hit of 5m going 8.31 grams per tonne gold.
Kingwest Resources has boosted its underground resource at its Yunndaga deposit within the Menzies gold project 6km south of Menzies. Importantly, the new estimate represents Kingwest’s first “high grade” resource estimate for Yunndaga and the company says the deposit may now be amenable to underground mining. New estimates are based on 13 new RC drill holes focused on eking out some high grade dirt at the Yunndaga underground deposit.
Kingwest Resources has produced an exceptional set of first pass drill results that appear to show a significant gold discovery lurking under the mineralised cover at Lake Goongarrie north of Kalgoorlie. Twelve holes intersected significant gold values across a 500 metre extent of the first drill line within Target A10 of the newly named Sir Laurence prospect under the lake at Goongarrie.
Kingwest Resources has signed a joint venture agreement with FMR Investments which will see the company resume underground mining at the Menzies Gold Project north of Kalgoorlie. The deposit was last mined 85 years ago and produced 526,000 tonnes at 16 grams per tonne gold for 270,000 ounces. Lake Goongarrie is also set to be extended with five new gold anomalous zones detected.
Kingwest Resources has drilled 107 holes at its Sir Laurence gold discovery near Menzies with significant “bedrock” mineralisation reported on every line over a 1km trend that remains open along strike and down dip. Diamond coring operations have commenced with initial results expected before Christmas. The company anticipates assays from a remaining 63 holes will also arrive in time for some holiday cheer.
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