PNX Metals Limited | Businesses

PNX Metals Limited

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24.01.2022 PNX has turned up multiple occurrences of visible gold in diamond drilling, suggesting a thickening and extension of the Tally Ho lode at Fountain Head. https://www.asx.com.au/asxp/20200403/pdf/44gp35971dk5dv.pdf #gold #mining #exploration #northernterritory

23.01.2022 PNX will focus its immediate efforts on proving up a gold heap leach operation at Fountain Head, with production potentially starting as early as H1 2021. https://www.asx.com.au/asxp/20191212/pdf/44cj6k2knhc2x7.pdf #gold #mining #exploration #northernterritory

20.01.2022 PNX is pleased to announce it has raised $1.6 million through the exercise of options held by major shareholder DELPHI and a share placement to sophisticated investors. Both fundraising initiatives were completed at a price of 1.5c per share, a premium of 200% on the company's current share price. The funds will be used to significantly advance feasibility studies and approvals for the Fountain Head heap leach gold operation.... https://www.asx.com.au/asxp/20200318/pdf/44g5810btvhv13.pdf #PNX #gold #mining #exploration #northernterritory

19.01.2022 All assays from the recent RC drilling program at Fountain Head have now been received, with the final batch delivering further high-grade intercepts. Assays from diamond hold FHDD181 in which multiple occurrences of visible gold were observed are expected in early June. https://www.asx.com.au/asxp/20200519/pdf/44hy2yd0vwrmrc.pdf... #gold #mining #exploration #northernterritory

18.01.2022 PNX has lifted the Fountain Head resource by 13% to 2.94Mt @ 1.7 g/t Au for 156,000oz. The level of confidence in the resource has also increased with 100,000oz now in the Indicated category. https://www.asx.com.au/asxp/20200616/pdf/44jp6q7pv8zqgb.pdf... #gold #mining #exploration #northernterritory

16.01.2022 PNX has released its March 2020 Quarterly Activities Report, a period during which solid progress was made on the Fountain Head Gold Project. https://www.asx.com.au/asxp/20200430/pdf/44hf8lxntbm45r.pdf #gold #mining #exploration #NorthernTerritory

15.01.2022 #gold #mining #exploration #northernterritory https://stockhead.com.au//heap-of-faith-in-pnxs-fountain-/

15.01.2022 Activities during the December quarter focused on the Fountain Head Gold Project and progressing that as a near-term production opportunity. https://www.asx.com.au/asxp/20200130/pdf/44dmn5734srbtp.pdf #gold #mining #exploration #northernterritory

09.01.2022 PNX has appointed Medea Natural Resources to assist with the financing of the Fountain Head Gold Project in the Northern Territory. https://www.asx.com.au/asxp/20191219/pdf/44cqnyj1rx8v0w.pdf #gold #mining #exploration #northernterritory

06.01.2022 PNX is pleased to announce the signing of a non-binding term sheet with Halifax Capital and its subsidiary Bridge Creek Mining to develop the Fountain Head Gold Project in the Northern Territory. Under the agreement, Halifax will provide up to $40 million in capital to fund the construction of conventional gold processing infrastructure at Fountain Head. We look forward to finalising a binding JV agreement and progressing on to development.... https://www.asx.com.au/asxp/20200715/pdf/44kjzqrnrcfg0r.pdf #gold #mining #northernterritory

05.01.2022 High grade, shallow gold intersections returned from Fountain Head RC drilling including 2m at 14.57 g/t from 11m and 1m at 14.24 g/t from 53m and 3m at 8.53 g/t from 34m. https://www.asx.com.au/asxp/20200225/pdf/44ff54wh9krv0g.pdf #gold #mining #exploration #northernterritory

04.01.2022 RC drilling at the Fountain Head project has identified high-grade gold mineralisation beyond the existing resource envelope #gold #mining #exploration #northernterritory https://www.asx.com.au/asxp/20191121/pdf/44bswvwzn5w6j0.pdf

03.01.2022 RC drilling returns excellent high-grade intercepts including 14m at 9.22 g/t gold from 17m between the Fountain Head and Tally Ho lodes. https://www.asx.com.au/asxp/20200316/pdf/44g30p3h4wlrlt.pdf #gold #mining #exploration #northernterritory