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Finfeed Archived Feb 06, 2019
88 Energy (ASX:88E | AIM:88E) has provided an operations update for its oil and gas operations on the North Slope of Alaska. The rig mobilisation process has begun at the Winx-1 Exploration Well, with ice road and ice pad construction now complete. Further, cellar installation is finished, and a spud has been scheduled for circa 15 February 2019.
Delecta (ASX:DLC) has completed the due diligence process, and has exercised the option to acquire the Highline cobalt and copper mine. DLC reported that underground sampling of the mine has confirmed the high-grade nature of the previously exploited mineralisation.
Shares in Nickel Mines (ASX:NIC) have increased from 22 cents to 33 cents in the last month — an increase of 50%. Yet Bell Potter analyst David Coates sees sustained momentum in the stock. Just yesterday, Coates reaffirmed his ‘buy’ recommendation, upgrading forward earnings estimates and increasing his price target from 62 cents to 64 cents, implying share price upside of nearly 100%.
Ag-tech junior, CropLogic (ASX:CLI) is in the process of pursuing trial farming in Oregon, US, following its investigation into the state’s industrial hemp market. This will demonstrate CropLogic’s ability to vertically integrate its agronomy expertise, digital ag-tech, extensive knowledge of the local growing conditions, and its foothold in the Pacific North West region.
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Finfeed Archived Feb 05, 2019
Simble Solutions (ASX:SIS) has released its quarterly report for the period ended 31 December 2018. Overall, the report shows strong growth across SIS's operations, with the company entering into a number of new, potentially lucrative partnerships, and with all metrics trending in the right direction.
Finfeed Archived Feb 04, 2019
Nickel Mines’ (ASX:NIC) 60% owned Hengjaya Nickel Project has produced its first nickel pig iron (NPI).
Hot Chili (ASX:HCH) has revealed the details of a potentially transformative transaction that it’s undertaking with well-regarded Chilean mining group, SCM Carola. Following 18 months of high-level discussions, Hot Chili has executed a binding memorandum of understanding (MoU) for an option to acquire a 100% interest in Carola’s large landholding, which adjoins HCH’s Productora and El Fuego copper projects in Chile.
ASX junior Hot Chili (ASX:HCH) has clinched a formal option agreement with a private Chilean group to acquire 100% of a mining right which contains a portion of the Cortadera copper-gold discovery. Cortadera is situated 14 kilometres directly southeast of HCH’s large-scale Productora copper project, which is located at low altitude along Chile’s coastal range.
Finfeed Archived Feb 01, 2019
The Awak Mas Gold Project, which sits in Indonesia’s South Sulawesi region, is one of just a few undeveloped gold projects within the Asia-Pacific region.
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