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About Latitude

Latitude Consolidated Limited (ASX:LCD) is an Australian Listed Mining and Exploration Company.

The Company holds the Lyndon Station Base Metals Project located in the Canarvon Gascoyne region.

The Company has also acquired the Quinns and Mt Ida South Gold Projects, located approximately 110km west of Leonora in the Eastern Goldfields of Western Australia.

Please refer to the 'Projects' link above for details of these projects.

Latitude also continues to investigate and evaluate new opportunities available to it to generate value for shareholders and is evaluating options for further exploration.

Proactive Investors

Resonance Health Ltd begins approval process for new technology

Resonance Health Ltd (ASX:RHT) has initiated international regulatory submissions for its new technology for assessing bone marrow iron using magnetic resonance imaging (MRI).

Resonance Health specialises in the delivery of quantitative MRI techniques for the diagnosis and clinical management of diseases.

Submissions of the Bone Marrow R2-MRI technology are planned for Australia, Europe, and the U.S.

Regulatory approvals, anticipated by mid to late 2017, will expand the market from the research setting to the clinical community and will allow the technology to be actively marketed.

The knowledge of bone marrow iron is thought to have particular importance for patients being considered for a bone marrow transplant.

The Worldwide Network for Blood and Marrow Transplantation estimates that more than 50,000 patients are transplanted annually due to cancers and other diseases.

The mechanisms to decrease complications, such as improved monitoring and management of iron prior to transplant, would have profound health and economic benefits.

Resonance also offers ‘FerriScan’ for the quantitative measurement of liver iron concentration and ‘Cardiac T2*’ for the assessment of heart iron loading.

The company’s revenue for the year ended 30 June 2016 was $2.5 million, an increase of 4% from 2015.

Resonance’s share price has doubled during the past six months, last trading at $0.035.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

Tungsten Mining NL confirms near-surface mineralisation at Mt Mulgine

Tungsten Mining NL (ASX:TGN) has confirmed the continuity of shallow tungsten and molybdenum mineralisation at the Mt Mulgine Tungsten Project in Western Australia.

Drilling at the Mulgine Hill prospect intersected near-surface tungsten mineralisation including 17 metres at 0.46% tungsten and 0.02% molybdenum from 2 metres.

The Mulgine Trench prospect contained broad zones of tungsten mineralisation including 40 metres at 0.08% tungsten and 0.12% molybdenum from surface.

In December 2015, Tungsten Mining acquired the Mt Mulgine and Big Hill Projects from Hazelwood Resources Ltd at a cost of $1.2 million.

The company has 100% of the tungsten and molybdenum rights on a contiguous group of tenements at Mt Mulgine.

In June 2016, Tungsten Mining reported an updated mineral resource estimate for Mt Mulgine.

The new resource inventory of 88.6 million tonnes containing more than 15.5 million tonnes of tungsten makes it one of the largest tungsten resource inventories held by an ASX-listed company.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

Armour Energy Ltd completes first shipment of oil from Emu Apple

Armour Energy Ltd (ASX:AJQ) has shipped the first load of crude oil produced from the Emu Apple oil field near Roma in southwest Queensland.

Armour started oil production on 17 August and the field is currently producing at a steady rate of 42 barrels per day.

The operating cost per barrel of oil, including transportation cost to the refinery, is $21.50 per barrel.

Armour’s first load of 53,000 litres or 333 barrels of crude oil has been collected by a crude oil road tanker.

Emu Apple oil field is part of Armour’s 3000 square kilometre tenement area covering the Kincora Project area.

The overall replacement value of the Kincora infrastructure is estimated at more than $250 million.

The company is aiming to restart gas production through the Kincora gas facility in the coming months.

Armour’s share price has increased about 31% during the past three months, last trading at $0.08.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

Breaker Resources NL's shares halted

Breaker Resources NL (ASX:BRB) has been granted a trading halt by the ASX, with its shares placed in pre-open.

Breaker requested the halt pending an announcement as to clarification regarding media
commentary.

The halt will remain in place until the opening of trade on Tuesday 27th September 2016, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

Intueri Education Group Ltd's shares in pre-open

Intueri Education Group Ltd (ASX:IQE) has been granted a trading halt by the ASX, with its shares placed in pre-open.

Intueri requested the halt pending the release of an announcement to the market concerning notification received from the Australian Skills Quality Authority (ASQA) relating to possible sanctions.

The halt will remain in place until the opening of trade on Tuesday 27th September 2016, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

Minotaur Exploration Ltd in an ASX trading halt

Minotaur Exploration Ltd (ASX:MEP) has been granted a trading halt by the ASX, with its shares placed in pre-open.

Minotaur requested the halt to enable the company to review the drilling data and to prepare a suitable release to the market.

The halt will remain in place until the opening of trade on Tuesday 27th September 2016, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

Anson Resources Ltd to reveal farm-in

Anson Resources Ltd (ASX:ASN) has been granted a trading halt by the ASX, pending details of an agreement to farm-in to a project.

The halt will remain in place until the opening of trade on Tuesday 27th September 2016, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

Eastern Goldfields Ltd achieves major milestone at Davyhurst

Eastern Goldfields Ltd (ASX:EGS) has achieved a major milestone in bringing the Davyhurst processing facility back into operation by awarding a contract to refurbish the facility.

The engineering, procurement and construction (EPC) contract has been awarded to GR Engineering Services Ltd (ASX:GNG) for circa $12.5 million.

Eastern Goldfields will manage some of the work comprising tails line installation, concrete repairs and repainting of structural steel.

Michael Fotios-led Eastern Goldfields raised more than $25 million in March to bring the Davyhurst project into development. The company’s share price has more than doubled since then.

Davyhurst is an open cut mining operation located 140 kilometres northwest of Kalgoorlie in Western Australia.

The processing facilities have been on care and maintenance since 2008 and are being refurbished and recommissioned to process ore from nearby production sources.

The facility has a capacity of 1.2 million tonnes per annum.

The resource base at Davyhurst includes 18.6 million tonnes at an average grade of 2.3 g/t gold.

Eastern Goldfields is targeting 80,000 ounces gold production per annum by 2017.

The refurbishment work will commence immediately and is expected to be completed during the first quarter of 2017.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

Tawana Resources NL acquires lithium project in Namibia

Tawana Resources NL (ASX:TAW) has entered into an agreement to acquire the mining rights to the Uis pegmatite tailings stockpile in Namibia.

The Uis Project represents an estimated 20 million tonne of tailings stockpile derived from one of the largest pegmatite tin mines in the world.

Tawana has entered into an agreement to purchase all the shares of a company which has optional mining rights to the Uis pegmatite tailings stockpile.

The consideration for the transaction is $100,000 in cash and up to 15 million shares in Tawana if a decision to mine is taken.

Tawana will also need to pay US$1,875,000 on a staged basis to the owners of the mine before commencing production, along with a 5% net profit interest royalty.

The stockpiles at Uis comprise pegmatite material that was mined by open cut, hauled to a processing plant where the ore was crushed and tin concentrate was extracted by gravity.

The pegmatites contained significant quantities of tantalum minerals, much of which is believed to remain in the stockpile.

Significantly, no mining is required at the project, which normally represents 30-60% of the operating cost of a mine.

Namibia is a mining friendly jurisdiction which is ranked fourth in Africa on the 2015 Investment Attractiveness Index by the Fraser Institute.

An air core rig is expected to arrive on site in October 2016, with 21 deep holes and 45 shallow holes planned, totalling about 1500 metres.

Tawana’s share price has increased by 233% during the past three months, last trading at $0.11.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.