AX8
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Company News
Accelerate Resources Expands WA Gold Portfolio with Balagundi Earn-In Agreement
Accelerate Resources (ASX: AX8) will boost its gold portfolio in Western Australia with an earn-in agreement over the historical Balagundi project near Kalgoorlie. The company signed the deal with a private vendor and it represents a significant step in the company’s strategy to consolidate highly-prospective, under-explored tenure in the eastern goldfields region. Consideration for the […]
Accelerate Resources targets gold discovery with high-impact drill prospects at Kanowna East
Accelerate Resources (ASX: AX8) has identified three new high-impact targets at its newly acquired Kanowna East gold project near Kalgoorlie in Western Australia. The company generated the targets after it applied advanced techniques to the geological re-interpretation and data analysis of field work completed in February. Accelerate is now progressing with regulatory approvals and a […]
Accelerate Resources to acquire Tambellup kaolin project and HPA processing technology
Perth-based Accelerate Resources (ASX: AX8) will take ownership of the Tambellup kaolin project and associated intellectual property rights for the processing of kaolin to high purity alumina (HPA) when it acquires Australian private minerals explorer Halcyon Resources Pty Ltd this month. Under the terms of the acquisition, Accelerate will issue 15 million fully-paid ordinary shares […]
Accelerate Resources encounters significant cobalt at Thomas Creek
Exploration junior Accelerate Resources (ASX: AX8) has intersected significant cobalt mineralisation and sulphide veining at depth during a drilling campaign at the Thomas Creek prospect within the wholly-owned Mount Read project in western Tasmania. Drilling at the copper-cobalt-gold prospect returned a best result of 3m at 0.23% cobalt from 150m including 1m at 0.33% cobalt. […]