New ore sorting results by GL1 at Steinert’s Perth trialling facility has achieved improvement to high grade head feed. Previous sorting study results on lower grade material also generated positive results. GL1 has confirmed it will integrate ore sorting technology into Manna’s proposed process plant, improving mill feed grade from 1.0% to 1.2% Li2O. ThisRead more
Argonaut acted as Financial Adviser and Lead Manager to the Initial Public Offering of Novo Resources Corp. (ASX: NVO, TSX: NVO, & NVO.WT.A) (OTCQX: NSRPF). Novo is a leading Western Australian gold explorer which owns a 10,500km2 Pilbara exploration portfolio as well as the Belltopper Gold Project in Victoria. The Company has a well-defined growthRead more
Argonaut acted as Lead Manager to the A$5.5 million Placement of Warriedar Resources Limited (ASX:WA8) to accelerate drilling and exploration of priority gold and base metals targets at the Golden Range and Fields Find Projects in the Murchison region, Western Australia. The Placement was strongly supported from institutional, corporate and sophisticated investors along with existingRead more
Updated views on the sector and key picks post reporting season: A good year, despite challenges: Most companies provided positive updates through FY23 and share prices of companies on our list climbed on average 44% from June 2022 to July 2023. Mixed market response: Nearly all results were in line or better than guidance and/orRead more
Argonaut acted as Co-Manager to the A$55 million Placement of Auteco Minerals Limited (ASX:AUT) to fund the acquisition of the Green Bay Copper-Gold Project in Newfoundland, Canada. The Placement also ensures Auteco is fully-funded for an aggressive exploration program aimed at rapidly growing the Green Bay Resource. The Placement was strongly supported from global institutionalRead more
Ausgold’s recent Katanning (KGP) MRE update saw the project reach the +3Moz mark with a total MRE of 89Mt at 1.06g/t Au for 3.04Moz. The updated KGP MRE delivered a +400Koz increase in contained ounces and an overall 13% increase in grade. In this note, we discuss recent MRE changes and progress at the KatanningRead more
Corporate development challenges marred FY23. Worth holding as a beat up +200kozspa producer with $330M in the bank plus a fully developed growth asset taking 90,000m of drilling in FY24. To access the full report please log in under the Client Area at the bottom of this page. Argonaut’s Client Area allows you to viewRead more
Argonaut acted as Joint Lead Manager to the Placement of Northern Minerals Limited (ASX:NTU) to advance the Browns Range project towards a final investment decision during Q1 CY2024. The Placement was strongly supported by new & existing institutional and sophisticated investors. Proceeds from the Placement, along with existing cash reserves and Critical Minerals Development ProgramRead more
Argonaut acted as Joint Lead Manager to the A$18 million Placement of Lunnon Metals Limited (ASX:LM8) to ensure the Company is well funded for planned exploration at the Foster & Baker area along with the Silver Lake & Fisher area as well as and potential pre-development activities. The Placement was strongly supported from institutional andRead more
The Great Fingall restart is the second mine approved for development in as many months, with an FID for the Big Bell expansion expected this quarter. The restarts and the expansion are necessitated for feed to the Murchison mills. August’s hedge closure assists investment into organic growth, with exploration spend increasing as a focus onRead more
