ALB
Director Trades
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Company News
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 […]
Albion Resources granted exploration licence for Leinster nickel-copper-gold project
Newly-listed junior Albion Resources (ASX: ALB) has been granted an exploration licence for its prospective Leinster nickel-copper-gold project, 30 kilometres southeast of Leinster in Western Australia. The tenement is adjacent to BHP Group’s (ASX: BHP) Weebo Bore nickel deposit and along strike from Auroch Minerals’ (ASX: AOU) recently-announced Horn discovery. Last month, Auroch also reported […]
Albion Resources reports visible zinc-lead at Lennard Shelf project
Just two months after debuting on the ASX, Albion Resources (ASX: ALB) has reported encouraging news after a site visit to its Lennard Shelf project in the Kimberley region of Western Australia. Visible galena (the principal ore of lead) and hydrozincite (a white mineral containing zinc) were discovered 350m north of a historical drill hole, […]
Albion Resources uncovers high-grade copper, lead and zinc results from Pillara East review
Recent ASX debutant Albion Resources (ASX: ALB) has announced high-grade copper, lead and zinc results uncovered through a review of historical rock chip sampling at its Pillara East project in Western Australia’s Kimberley region. The 120 rock chips were collected by BHP (ASX: BHP) in the early 1980s and Western Areas in 1995. According to […]
Albion Resources uses ASX debut to fund exploration work at WA assets
With zinc back in the spotlight, base metal explorer Albion Resources (ASX: ALB) will use the proceeds of an oversubscribed $5 million IPO to advance its assets in Western Australia’s Kimberley and Kalgoorlie goldfields regions. The junior’s IPO closed this month after raising $5 million through the issue of 25 million shares at $0.20 each […]