Shareholder support affirms growth path for NTM Gold

Emerging Goldfields explorer NTM Gold (ASX: NTM) was today pleased to see unwavering shareholder support for the company and its growth plans, with all resolutions strongly backed in favour of at a general meeting convened today. A total of seven resolutions were approved by shareholders today, including the issuing of performance rights to the company’s recently appointed managing director Andrew Muir.

Core Exploration - Junior Minerals Exploration Incentive

Emerging lithium producer Core Exploration (ASX: CXO) is pleased to announce it has been advised by the Australian Taxation Office that its application to participate in the JMEI scheme has been accepted and the Company has received an allocation of up to $750,000, which can be distributed to eligible shareholders. The JMEI scheme enables eligible exploration companies to create refundable tax credits to distribute to eligible shareholders by forgoing a portion of their carried forward tax losses that have arisen from allowable expenditure on “greenfield” exploration.

Northern Minerals - Commissioning commences at Browns Range

Australian heavy rare earths developer, Northern Minerals Limited (ASX: NTU) has reached a major milestone, as commissioning has commenced on the crushing circuit at the Browns Range pilot plant project. The commissioning of the crusher circuit represents the first phase of commissioning for Browns Range. To facilitate commissioning of the crusher, the power station has been commissioned and the E-house in the beneficiation area has been energised.

Gold Road Resources - Gruyere Gold Project - Construction Update

Gold Road Resources (ASX: GOR) updated the market on the definitive estimate and construction activities at its Gruyere Gold Project east of Laverton. The provisional forecast from a schedule review shows that first gold is likely early in the June 2019 quarter, rather than at the end of the March 2019 quarter as previously forecast. In addition, the capital cost estimate has increased, with the provisional forecast cost now moving to the upper end of the forecast range of $506m-$585m.

Nexus Minerals - Quarterly Activities Report - March 2018

Eastern Goldfields explorer Nexus Minerals Limited (ASX: NXM) has updated the market on its quarterly activities for the three months to March 31. During the period, Nexus completed its acquisition of the Wallbrook gold project from Saracen Mineral Holdings, and received positive results from its RC drilling programs at the Pinnacles Gold Project. Nexus also welcomed Saracen onto its share register with a 6 per cent shareholding.

Sino Gas & Energy - Q1 Activities Report

Sino Gas & Energy Holdings (ASX:SEH) has wrapped up the March 2018 quarter with record production levels and strong performance across the business. Gross production averaged about 25 million standard cubic feet per day during the quarter, with March production averaging a record 26mmscf/d. Sino Gas' net margin increased by 35 per cent quarter-on-quarter to US4.80/Mscf, on the back of increased production and natural gas prices, couple with a reduction in operating costs.

NTM Gold - Quarterly Activities Report to March 2018

Emerging Goldfields explorer NTM Gold (ASX: NTM) has signed off on a transformational March quarter during which Andrew Muir was appointed managing director and an aggressive drilling program at the Redcliffe Project, funded by an oversubscribed equity raising, highlighted the high-grade gold prospectivity. NTM said it was on track to to report a resource update for Redcliffe, near Leonora in WA's Goldfields, by the middle of this year.

Alta Zinc Ltd - Completion of Placement and Appendix 3B

Emerging zinc story Alta Zinc (ASX: AZI) has completed a $3 million placement at 1.1c a share to a group of investors led by the Hugh Morgan-chaired Arete Capital Partners, providing financial firepower for Alta to advance work at its 100%-owned high-grade Gorno zinc project in northern Italy. Alta is finalising a mining work plan to bring Gorno back into production at a time of global tight supplies of zinc. Arete chief executive Campbell Olsen has joined Alta's board.