Red Mountain Mining Ltd

Type: Company
Name: Red Mountain Mining Ltd
First reported Sep 19 2014 - Updated Sep 19 2014 - 1 reports

19.09.2014 - Letter to Overseas Shareholders

Dear ShareholderWe write to you as the registered holder of Red Mountain Mining Limited (Red Mountain or Company) shares as at today's date. As announced on 15 September 2014, the Directors of Red Mountain have resolved to offer a pro-rata renounceable ... [Published Noodls - Sep 19 2014]
First reported Sep 18 2014 - Updated Sep 18 2014 - 1 reports

18.09.2014 - Disclosure under ASX Listing Rule 7.1A.4 and 3.10.5A

In relation to the Placement advised in the Appendix 3B released to the ASX today, and in accordance with ASX Listing Rules 7.1A.4(b) and 3.10.5A the Company makes the following disclosures in respect of the Placement:(a) The Company issued 68,925,234 ... [Published Noodls - Sep 18 2014]
First reported Sep 17 2014 - Updated Sep 18 2014 - 3 reports

Red Mountain Mining Intersects Breccia Lode At Camo

Red Mountain Mining ( ASX:RMX ) continues to advance exploration in the Philippines, with drilling now intersecting 12 metres down hole of sulphidic hydrothermal breccia lode at the Camo target.Camo is part of the Lobo Prospect, within the company's Batangas ... [Published Seeking Alpha - Sep 18 2014]
First reported Sep 15 2014 - Updated Sep 16 2014 - 1 reports

Red Mountain Mining's capital raising receives strong demand

Red Mountain Mining www.redmm.com.au/Full Red Mountain Mining profile here Red Mountain Mining (ASX: RMX) has interests in the Philippines including the prospective Batangas and Tapian San Francisco gold and copper-gold assets. Tweet Email Email to a ... [Published Proactive Investors Australia - Sep 15 2014]
First reported Sep 15 2014 - Updated Sep 15 2014 - 1 reports

RED MOUNTAIN MINING : Variation to Managing Director's Employment Terms

Release date- 12092014 - Perth based Red Mountain Mining Limited advises that, following its annual performance review of Managing Director, Mr Jon Dugdale , the Company and Mr Dugdale have agreed to vary the terms and conditions of Mr Dugdale's employment ... [Published 4 Traders - Sep 15 2014]
First reported Sep 15 2014 - Updated Sep 15 2014 - 1 reports

15.09.2014 - Red Mountain raises $2 million

•• Funds raised to drill priority targets and to complete Feasibility Study and PermittingPerth, Western Australia, based Red Mountain Mining Limited (ASX:RMX) is pleased to announce that it has received firm commitments from professional and sophisticated ... [Published Noodls - Sep 15 2014]
First reported Sep 11 2014 - Updated Sep 12 2014 - 2 reports

Red Mountain Mining to boost cash position

Philippines gold explorer Red Mountain Mining (ASX:RMX) recently significantly improved the economics of its Batangas Gold Project.A new production schedule highlights a potential longer initial mine life and an increased production to 100,000 ounces ... [Published Proactive Investors USA - Sep 12 2014]
First reported Sep 10 2014 - Updated Sep 10 2014 - 3 reports

Red Mountain advances DFS on Batangas

Today - 07:36 GMTPERTH (miningweekly.com) – Initial results from the definitive feasibility study (DFS) being undertaken by ASX-listed Red Mountain Mining over its Batangas gold project, in the Philippines, has delivered a significant increase in gold ... [Published Gold Industry Today - Sep 10 2014]
First reported Sep 04 2014 - Updated Sep 05 2014 - 4 reports

Red Mountain Mining Finds New Silver-Gold Zone In Philippines

Red Mountain Mining ( ASX:RMX ) has identified a second silver-gold zone at Camo with the anomaly providing another drilling target, at Camo Prospect while extending the target to over 500 metres in strike length.This comes just a day after the company ... [Published Seeking Alpha - Sep 05 2014]
First reported Sep 03 2014 - Updated Sep 04 2014 - 2 reports

Red Mountain Mining finds new silver-gold zone in Philippines

Red Mountain Mining www.redmm.com.au/Full Red Mountain Mining profile here Red Mountain Mining (ASX: RMX) has interests in the Philippines including the prospective Batangas and Tapian San Francisco gold and copper-gold assets. Tweet Email Email to a ... [Published Proactive Investors Australia - Sep 04 2014]
First reported Sep 02 2014 - Updated Sep 02 2014 - 2 reports

Red Mountain Mining starts drilling to test high grade silver-copper at Lobo

Red Mountain Mining  ( ASX:RMX ) has started drilling to test previous high grade silver-copper sampling results from Camo.Drilling will test previous exciting rock chip sampling and trenching results at Camo including:-    729g/t silver, 1.45g/t gold ... [Published Proactiveinvestors United Kingdom RSS feed - Sep 02 2014]
First reported Aug 25 2014 - Updated Aug 25 2014 - 2 reports

Red Mountain Mining has high grade silver at Lobo

Red Mountain Mining  ( ASX:RMX ) has identified high-grade silver from trenching at the Camo prospect, which has the potential for a “look-alike” to the high grade South West Breccia (SWB) gold zone at shallow depth.Camo is the first of five new priority ... [Published Proactiveinvestors United Kingdom RSS feed - Aug 25 2014]

Quotes

Jon Dugdale, managing director, commented: "The intersection of thick, strongly mineralised hydrothermal breccia lode in the two step out holes at Camo confirms the model for a northeasterly plunging zone of mineralisation, thickening at depth."
...“Drilling will continue to test the hydrothermal breccia lode down plunge with the objective of defining a new zone of gold mineralisation. "We are looking forward to the results.”Drilling program results to dateFive holes for 296 metres have now been completed, with high-silver grades near surface intersected such as:LB116: 1.65 metres at 61.2g/t silver, 0.14% copper from a 17.10 metre downhole; and LB117: 2.35 metres at 45.4g/t silver, 0.15% copper from 19.10 metres, including 1 metre at 83.2g/t silver and 0.32% copper.A nearby trench delivered last month: 4 metres at 379g/t silver, 2.0g/t gold, 0.62% copper or 7.16g/t gold equivalent.AnalysisRed Mountain has now intersected 12 metres down sulphidic hydrothermal breccia lode at the Camo target, with assays pending. "
Dugdale commented: "We are delighted with the interest and demand for this placement, in difficult market conditions, and look forward to giving our shareholders the opportunity to participate in the fully underwritten rights issue on the same terms."
"The new targets, such as current drilling target Camo, look to be fully preserved for potential epithermal gold mineralisation, so this will be an exciting phase of the program.“Meanwhile the Definitive Feasibility Study and final permitting for development of the initial low cost, early payback Batangas Gold project is on track for completion by early next year.”Additional raising detailsThe pro-rata, renounceable rights issue will be on a 2 for every 9 shares held.In addition, for every two shares issued under both the placement and the rights issue, the company will grant one new option exercisable at $0.012 each on or before 31 March 2016.Red Mountain said that it intends to issue these options on the same date as the rights issue shares and to apply for quotation of these options, to trade on the ASX.The potential of BatangasHighlighting the potential of the project, the DFS results released to date are encouraging with higher production, increased mine life and better gold recoveries for the main Kay Tanda West Resource.This will improve on the already convincing Scoping Study project economics, which estimated total C1 operating cashflow of $56 million over 4.5 years and capital payback within 1.3 years.  This was on low quartile average forecast C1 cash operating costs of A$769 per recovered gold oz (US$690/oz Au).Average operating cash flow, after C1 cash costs, (adjusted for recent gold pricing averaging US 1,300 per ounce and exchange rate of A$:US$ 0.93) averages a healthy A$12.4 million per annum for the initial mine life.Even at a current gold price of around US 1,230 an ounce, the project has an attractive and compelling operating cash flows and payback period.Analysis "

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All (51) | News (44) | Reports (0) | Blogs (7) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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19.09.2014 - Letter to Overseas Shareholders [Published Noodls - Sep 19 2014]
18.09.2014 - Disclosure under ASX Listing Rule ... [Published Noodls - Sep 18 2014]
Red Mountain Mining Intersects Breccia Lode At ... [Published Seeking Alpha - Sep 18 2014]
Red Mountain Mining intersects breccia lode at ... [Published Proactiveinvestors United Kingdom website - Sep 17 2014]
Red Mountain Mining intersects breccia lode at ... [Published Proactive Investors Australia - Sep 17 2014]
Red Mountain Mining's Capital Raising Receives ... [Published Seeking Alpha - Sep 16 2014]
Red Mountain Mining's capital raising receives ... [Published Proactiveinvestors United Kingdom RSS feed - Sep 15 2014]
RED MOUNTAIN MINING : Variation to Managing Dir... [Published 4 Traders - Sep 15 2014]
Red Mountain Mining's capital raising receives ... [Published Proactive Investors Australia - Sep 15 2014]
15.09.2014 - Red Mountain raises $2 million [Published Noodls - Sep 15 2014]
11.09.2014 - Variation to Managing Director's E... [Published Noodls - Sep 12 2014]
Red Mountain sees improvements at Batangas [Published PNGIndustryNews.net - Sep 12 2014]
Red Mountain Mining to boost cash position [Published Proactive Investors USA - Sep 12 2014]
Red Mountain Mining to boost cash position [Published Proactiveinvestors United Kingdom RSS feed - Sep 11 2014]
Red Mountain advances DFS on Batangas [Published Gold Industry Today - Sep 10 2014]
Red Mountain Mining study points to higher Bata... [Published MENAFN - Sep 10 2014]
Red Mountain Mining study points to higher Bata... [Published Proactiveinvestors United Kingdom RSS feed - Sep 10 2014]
Red Mountain sees improvements... [Published MiningNewsPremium.net - Sep 10 2014]
Red Mountain Mining study points to higher Bata... [Published Proactive Investors Australia - Sep 10 2014]
Red Mountain Mining's Silver-Copper Results Ext... [Published Seeking Alpha - Sep 09 2014]
Red Mountain Mining's silver-copper results ext... [Published Proactiveinvestors United Kingdom website - Sep 08 2014]
Red Mountain Mining's silver-copper results ext... [Published Proactive Investors Australia - Sep 08 2014]
Red Mountain Mining Finds New Silver-Gold Zone ... [Published Seeking Alpha - Sep 05 2014]
Red Mountain Mining finds new silver-gold zone ... [Published Proactiveinvestors United Kingdom RSS feed - Sep 04 2014]
02.09.2014 - Drilling commenced testing High-Gr... [Published Noodls - Sep 04 2014]
Red Mountain Mining : 03.09.2014 - Red Mountain... [Published 4 Traders - Sep 04 2014]
Red Mountain Mining : 04.09.2014 - Second silve... [Published 4 Traders - Sep 04 2014]
Red Mountain Mining finds new silver-gold zone ... [Published Proactive Investors Australia - Sep 04 2014]
Red Mountain Mining secures $3M in standby equi... [Published Proactive Investors Australia - Sep 03 2014]
Red Mountain Mining starts drilling to test hig... [Published Proactiveinvestors United Kingdom RSS feed - Sep 02 2014]
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sort by: Date | Relevance
Red Mountain Mining intersects breccia lode at ... [Published Proactiveinvestors United Kingdom website - Sep 17 2014]
Red Mountain Mining  ( ASX:RMX ) continues to advance exploration in the Philippines, with drilling now intersecting 12 metres down hole of sulphidic hydrothermal breccia lode at the Camo target.Camo is part of the Lobo Prospect, within the company's ...
Red Mountain Mining's silver-copper results ext... [Published Proactiveinvestors United Kingdom website - Sep 08 2014]
Red Mountain Mining ’s ( ASX:RMX ) rockchip sampling has returned more significant silver-copper surface results, extending the Camo drilling target at the Lobo Prospect in the Philippines.Drilling has also intersected mineralised lode in two holes ...
Red Mountain Mining drilling hits high grade go... [Published Proactiveinvestors United Kingdom website - Jun 10 2014]
Red Mountain Mining  ( ASX:RMX ) has delivered what investors have been waiting for - high grade gold from drilling at the South West Breccia (SWB) of the company's Lobo Project within its Philippines based Batangas Gold Project.RMX shares are expected ...
Red Mountain Mining: Drilling hits high-grade g... [Published Proactiveinvestors United Kingdom website - May 07 2014]
Red Mountain Mining 's ( ASX: RMX ) shares are expected to firm after delivering what many investors have been waiting for, high-grade gold from drilling under the South West Breccia (SWB) resource.Metallurgical hole intersects: 6.7 metres at 11.6 g/t ...
Mindoro Raises Additional $792,686 From Sale of... [Published Marketwire - Breaking News Releases - Apr 04 2014]
EDMONTON, ALBERTA--(Marketwired - April 4, 2014) - Mindoro Resources Ltd. (TSX VENTURE:MIO)(ASX:MDO)(FRANKFURT:WKN 906167) ("Mindoro", or "the Company") today advised that, further to its press release of March 7, 2014, the Company has sold an additional ...
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