ALBION RESOURCES ORD
Great Western Exploration divests non-core Yandal West gold project to Albion Resources
Great Western Exploration (ASX: GTE) has entered into a binding agreement to divest its non-core Yandal West gold project in Western Australia to Albion Resources (ASX: ALB). The all-scrip deal will see Great Western retain exposure to future exploration success at the project through a significant shareholding in Albion. Completion of the transaction is expected […]
Albion Resources firms up nickel-copper drill targets at Leinster
Albion Resources (ASX: ALB) has firmed up several nickel-copper drill targets at its Leinster project following an UltraFine+ soil geochemistry program. Australia’s CSIRO developed the UltraFine+ technology which enables soil particles less than 2 microns in size to be analysed. Albion carried out the soil geochemistry program over prospective ultramafic rocks within its recently granted […]
Albion Resources to go ahead with loyalty option plan as reward to initial shareholders
Albion Resources (ASX: ALB) is currently drafting a loyalty options prospectus to reward shareholders who backed its initial public offering earlier this year. The zinc and lead exploration company made its ASX debut on 30 April after raising $5 million, but its prospectus left open the decision whether loyalty options would proceed. The company’s first […]
Albion Resources inks heritage protection agreement for Lennard Shelf zinc-lead project
Albion Resources (ASX: ALB) says it has formed a “strong” alliance with local Aboriginal representatives after signing key agreements that take its Lennard Shelf zinc-lead project another step forward. Albion’s zinc-lead project is located about 30km southeast of Fitzroy Crossing in the southern Kimberley district of Western Australia. At what it terms a “successful” meeting […]