Gascoyne Resources advised that the recent drilling at Gaffney's Find has intersected further shallow high grade gold mineralisation. The prospects are located at the Company's Egerton Project located in the Gascoyne region of Western Australia. The Mt Egerton project has current resources of 116,400t @ 6.4g/t Au at the Hibernian deposit. Stanmore Coal Ltd (ASX:SMR) has completed the exploration program for the second [...]
Monument Mining announces that Monument and Gascoyne Resources have mutually agreed to terminate the Heads of Agreement for the previously announced proposed acquisition transaction between the two companies due to the fact that certain conditions precedent to the completion of the transaction have not been met. The proposed transaction was announced on September 4, 2014. The parties have entered into a Deed of [...]
Monument Mining announces it has entered into a "Deed of Variation Agreement" with Gascoyne Resources to extend Closing Date of the Proposed Transaction to no later than January 31, 2015 from November 20, 2014. Both parties remain committed to satisfying the remaining conditions to completion. The extension is primarily due to the complexity, the number of projects, and number of parties involved which requires more [...]
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