Author: backoffice

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Trading of Shares from Convertible Notes

Trading of Shares from Convertible Notes

As advised to the ASX on 28 May 2024, the Company’s share price has been significantly impacted by aggressive selling of shares by the Noteholder. The Company believes that the sale of the majority of the shares was not in accordance with the Convertible Note Deed. The Company’s position is that the Noteholder has not...

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True North Copper Appoints Bevan Jones as Managing Director

True North Copper Appoints Bevan Jones as Managing Director

Mr Jones is a seasoned operations officer offering nearly 30 years of experience in mine management across a diverse range of commodities and has a proven track record in directing business improvement initiatives and operational transformation. Mr Jones’ previous roles include Chief Operating Officer at Karora Resources (TSX: KRR), as well as General Manager of...

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New Major, Completely Unexplored Porphyry Complex and Drill Targets Secured

New Major, Completely Unexplored Porphyry Complex and Drill Targets Secured

The remaining untested intrusive complexes of the Macquarie Arc porphyry geology are a globally significant exploration opportunity. This is increasingly evidenced by AngloGold Ashanti, FMG and S2 Resources’ having secured over 10,000km2 of exploration ground in the last 12 months via four Earn-in and Joint Venture agreements supporting potentially over A$200m in exploration expenditure. Also...

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Further Assay Results from Link Zone Confirms Near- surface Mineralisation Across Multiple Lodes

Further Assay Results from Link Zone Confirms Near- surface Mineralisation Across Multiple Lodes

Brightstar Resources Limited (ASX: BTR) (Brightstar) is pleased to announce further assay results from the Link Zone Reverse Circulation (RC) drilling program, part of the large RC and diamond drilling (DD) program across the broader 1.45Moz Brightstar portfolio. The program is targeting gold mineralisation within delineated pit shells and underground designs outlined within Brightstar’s Scoping...

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Gold and Silver Prices End Week Lower as PCE Stays Flat in April

Gold and Silver Prices End Week Lower as PCE Stays Flat in April

Core PCE, which excludes the food and energy categories, was up 0.2 percent on a monthly basis, a decline from March’s 0.3 percent rise; however, year-over-year it matched the 2.8 percent gain from the previous month. Increases to personal income cooled slightly on a monthly basis, coming in at 0.3 percent, down from 0.5 percent...