Richard Bevan

Mike Young-chaired junior explorer Cassini Resources says it is seeking to raise $3 million through an initial public offering, to fund exploration programs at its portfolio of minerals tenements in Western Australia.

Cassini Resources has resolved a share sale agreement to acquire 75 per cent of Crossbow Resources, the 100 per cent owner of the West Arunta X17 project in the Gibson Desert.

BHP Billiton’s divestment of its West Musgrave nickel project to Cassini Resources has had a dramatic and valuable impact on the junior miner's share price.

Cassini Resources has raised $10 million via a share placement with the proceeds earmarked for exploration activities its recently acquired West Musgrave nickel project.

Cassini Resources, the five cent explorer that quickly graduated to a 25 cent stock in April after acquiring BHP Billiton’s West Musgrave nickel-copper project has taken a share price hit in its stride as it seeks to educate the market on its as yet unrealised potential.

Maca and GR Engineering Services have become the preferred contractors for work at Cassini Resources’ Nebo-Babel nickel project while also committing to the mining company’s $8 million capital raising.

Local explorer Cassini Resources has attracted OZ Minerals as a joint venture partner for its West Musgrave nickel-copper project.

Mel Ashton has retired as director and chair of Empired. Current director Richard Bevan will become chair, and Thomas Stianos has been appointed as director.

OZ Minerals has progressed its joint venture with local explorer Cassini Resources at the West Musgrave nickel-copper project after positive results in a further scoping study.

Our board moves wrap includes Hugh Bresser, Tommy McKeith, Andrew Haslam, Richard Bevan, Michael Tilley, Oliver Carton, and Charles Schaus.