Copper producer Austral Resources Australia Ltd. is pleased to announce its planned development and exploration program for the remainder of calendar 2022 and the 1 st half of calendar 2023 . Key highlights: - Drilling of prioritised phase 1 Anthill 2.0 copper oxide exploration targets within the existing ML are currently in progress. - Drilling of phase 1 McLeod Hill and Lady Annie copper oxide exploration targets [...]
Copper producer Austral Resources Australia Ltd. is pleased to provide an overview of its activities for the Quarterly period ending 30 September 2022 . The September Quarter saw Austral continue to make strong improvements in production rates thanks to the solid operational performance of its team and contractors onsite at both the Anthill mine and Mt Kelly processing area. Highlights: - Austral achieved a 186% increase [...]
Copper producer Austral Resources Australia Ltd. is pleased to announce the completion of an update to the Mineral Resource Estimate for the Lady Colleen deposit within ML 90170 neighbouring the Mount Kelly treatment plant and Mount Clarke mine. Highlights: - Lady Colleen Mineral Resource updated to include estimates for potential on-site heap leach and toll sulphide treatment. o Low calcium leach feed at a 0.3% Cu [...]
Copper producer Austral Resources Australia Ltd. is pleased to announce further and final assay results from the diamond drilling hole program, part of the current Lady Colleen drilling program that includes Reverse Circulation drilling . Dan Jauncey CEO said: "The 2022 drilling campaign at Lady Colleen has been completed safely and effectively with the support of our contracting partners Tulla Drilling, Rural Earthworx [...]
Copper producer Austral Resources Australia Ltd. is pleased to provide shareholders and investors with a recording from the recent webinar where Dan Jauncey, Managing Director & CEO, and Ben Coutts, Exploration Manager discussed the Company's recent ASX announcements and engaged in a Q&A session. To view the Investor Webinar, please visit: https://www.abnnewswire.net/press/en/114113/ar1 About Austral Resources Australia [...]
Copper producer Austral Resources Australia Ltd. is pleased to invite shareholders and investors to a webinar which will be held on Wednesday 28 September 2022 at 10:15am AES / 8:15am AWST. Dan Jauncey, Managing Director & CEO, and Ben Coutts, Exploration Manager will be discussing the Company's recent ASX announcements as well as engaging in a Q&A session. Details of the webinar are as follows: Event: Austral Resources [...]
Copper producer Austral Resources Australia Ltd. is pleased to announce assay results from the diamond drilling hole program, part of the in-progress Lady Colleen drilling program that includes Reverse Circulation drilling . Dan Jauncey CEO said: "These further outstanding results are aligned with our exploration strategy at Lady Colleen, which is to explore for a high-grade core within the large Mineral Resource to [...]
Copper producer Austral Resources Australia Ltd. is pleased to announce that the Company has finalised the binding exploration earn-in agreements with MIM, a subsidiary of one of the world's largest mining companies, Glencore. As announced to the market on 8 June 2022, Austral and MIM entered into a value generating nonbinding complementary Exploration Earn-in Agreements with Austral to expand its oxide exploration [...]
Copper producer Austral Resources Australia Ltd. is pleased to announce that the Austral Board has approved a Scoping Study for the Lady Colleen Development Project. The scoping study has commenced to assess the potential of the LC Mineral Resource to support an open cut mining project. Lady Colleen is located on an existing Mining Lease within 2 km of the Mt Kelly processing facility where Austral is currently producing [...]
Austral Resources Australia Ltd. Managing Director Dan Jauncey Speaks with ABN Newswire on the recent 2,500 metre drilling program, with the first of the latest results showing high values. Austral's extensive pipeline includes 60mt JORC compliant resources as feedstock for their Copper Cathode production plant at Mt Kelly near Mt Isa. With an ongoing exploration program that has already produced exceptional results, the [...]
Copper producer Austral Resources Australia Ltd. is pleased to announce assay results from the reverse circulation drilling program, part of the in-progress Lady Colleen drilling program. Dan Jauncey CEO said "these drill results combined with known high-grade mineralisation only 100m from the surface augurs well for the development of the resource". Highlights: New assay results from RC drilling program at Lady Colleen [...]
Copper producer Austral Resources Australia Ltd. is pleased to provide a Company update on expected performance for 2022 and an outlook for 2023 following the successful capital raise of $17 million at an issue price of $0.37 per share from institutional and sophisticated investors. Highlights - Austral is on track to produce 10,000tpa from its Anthill Mine by FY23 despite initial operational delays in production and [...]