Chase Mining Corporation Limited (Chase Mining or the Company) (ASX: CML) is an Australian-based mineral exploration and development company with projects in Australia.
- In New South Wales Australia, the Company has an advanced Topaz-Tungsten project 60km SSW of Tenterfield where it is focused on the recovery of Tungsten and Topaz concentrate from a large deposit of outcropping silexite,
Silexite is nominally 80% quartz and 20% topaz plus variable levels of tungsten (wolframite and ferberite) mineralisation. Metallurgical testwork and the resultant process flowsheet shows that crushing of silexite to minus 1mm followed by water (or air) based gravity separation and concentration processes followed by magnetic clean-up results in excellent recovery of both Tungsten and Topaz saleable products.
Topaz is an alumina silicate mineral that given its hardness can be used in abrasive applications, especially in high-pressure water cutting and as a raw material for castable refractory and ceramic production. It can also be used to produce castable mullite and to produce mullite fibre for use in the specialist metals / ceramic composite markets. The latter has been the subject of a recently concluded 4-year research project at the UNSW which resulted in several proof-of-concept trajectory applications, including for instance in the production of military vehicle and personnel armour, friction (brake) pads and catalytic converters.
- In Queensland Australia, the Company made a strategic investment of A$600,000 to become a 40% shareholder in Red Fox Resources Pty Limited in late 2020. Red Fox is a private Queensland focused advanced exploration Company that holds seven wholly owned granted tenements (EPMs) covering 900 square km in two highly mineralised districts: Mt Isa / Cloncurry and Georgetown. The tenements contain a pipeline of targets for discovery of Ernest Henry style IOCG Cu-Au; Tick Hill style high grade Au); and, large Century and Broken Hill style Zn-Pb-Ag deposits. Further information on Red Fox and its activities can be found on its website: http://www.redfoxresources.net.au
- New project opportunities. The Company continues to review several complimentary projects that would be a strategic fit for the Company and would add substantial value for shareholders. The Board will update the market if any of these projects should they reach the binding agreement stage.
Latest Announcements
- CML – Rare Earths project in Northern Territory expanded – 26th May 2022
- CML – Disposal of Alotta and Lorraine Projects in Quebec – 24 May 2022
- CML – Exploration for Magmatic Nickel Sulphide in QLD Expanded – 18 May 2022
- CML – Cancellation of Prophet Resources binding Term Sheet – 11th May 2022
- CML – JV Drilling scheduled for Auburn and CML Hawkwood Project – 04 May 2022
- CML – JV Drilling scheduled for Hawkwood in Cu Co Au Pge in QLD – 03 May 2022
- CML – Quarterly Activities and Appendix 5B Cash Flow Report – 31 March 2022 – 21 April 2022
- Change of Director’s Interest 3Y – Leon Pretorius – 06 April 2022
- CML -Red Fox commences 2022 Field Work – 04 April 2022
- CML – Half Year Report – 31 December 2021 – 15 March 2022
- CML – Red Fox awarded two QLD Government grants to fund drilling – 18 Feb 2022
- Notification of Issue Conversion or Payment up of Unquoted Equity Securities – 16 Feb 2022
- CML – Red Fox completes preliminary Copper Creek field assessment – 15 February 2022
- CML – Red Fox completes preliminary Butchers Bore field assessment – 03 Feb 2022
- CML – LARGE SCALE RARE EARTHS AND BASE METAL PROJECT IDENTIFIED – 02 Feb 2022
- CML – AREAS IDENTIFIED WITH RARE EARTH POTENTIAL IN NW QLD – 19 Jan 2022
- CML – Quarterly Activities and Appendix 5B Cash Flow Report – 31st Dec 2021 – 18 January 2022
- CML – Christmas and New Year Greetings – 21 Dec 2021
- CML – RESULT OF ANNUAL GENERAL MEETING (ASX REPORT) – 17 Dec 2021
- CML – Application for quotation of securities – 17 Dec 2021
- Change of Director’s Interest Notice – Dr Leon Pretorius – 17 Dec 2021
- CML – ISSUE OF CLEANSING NOTICE UNDER SECTION 708A CORPORATIONS ACT – 17 Dec 2021
- Notice of change of interests of substantial holder – Dr Leon Pretorius – 17 Dec 2021
- CML – Red Fox Geophysical modelling review at Ernest Henry West – 16th December 2021
- CML – Notice of change of interests of substantial holder – Syracuse Capital Pty Ltd – 01 Dec 2021
- Change of Director’s Interest – Dr Leon Pretorius – 24Nov2021
- Change of Director’s Interest – Charles Thomas – 24Nov2021
- Change of Director’s Interest – Julian Atkinson – 24Nov2021
- CML – Application for quotation of securities – 22 Nov 2021
- CML – SHARE PURCHASE PLAN RESULTS – 18 Nov 2021