Company
Cyclone Metals Ltd
ASX:CLE
Cyclone Metals Ltd owns and operates the Iron Bear magnetite iron ore project, formerly known as the Block 103 Project. The Iron Bear Project consists of ten licenses totalling 7,275 ha on 291 graticular Mineral Claims under the applicable Labrador and Newfoundland mining regulation, located near the Provincial border of Newfoundland and Labrador (NL) and Quebec (QC), approximately 30 km northwest of the town of Schefferville, QC and 1,200 km by air northeast of Montréal, QC.
48 stories
Cyclone Metals advances large, high-quality magnetite iron ore project in Canada
The company sees an opportunity to utilise its Lady Ethleen project as a demonstration deposit for the development of an environmentally-friendly alkaline leach processing solution.
Cyclone Metals confirms extensive gold-bearing quartz reef system in test pits at Nickol River Project
“It is with great pleasure I confirm that an extensive quartz reef system exists throughout the Nickol River Project test pit program area, that hosts coarse gold in nugget and specimen form,” said director Will Scott.
Cyclone Metals identifies gold anomalies in Iconic Leach™ trial for New Zealand-based projects
“It is very encouraging to get positive responses to the maiden exploration program that trialled Ionic Leach geochemistry, as this gives the company a cost-effective and relatively quick way to define gold anomalies over the extensive land
Cyclone Metals secures exclusive rights to “world-class” cobalt-nickel-manganese deposit in Cameroon
“To secure the exclusive rights to this asset is a game changer for the company. The licences have been highly sought after by many parties in the battery metals space for several years," says non-executive chair Terry Donnelly.
Cyclone Metals snaps up exploration permits for two more New Zealand gold projects
Now that the projects have been granted, Cyclone can press ahead with sampling programs, which will quickly assess Drybread and Waikerikeri’s drill target potential.
Cyclone Metals kicks off maiden exploration at Mareburn and Macraes South gold projects in New Zealand
“With both projects contiguous to OceanaGold Corp Macraes Gold Mine, that has a 6 million tonne per annum plant and 6-year mine life, any exploration success at Mareburn or Macraes South has the potential to add to that mine life," says cha
Cyclone Metals recovers gold nuggets up to 20.5 grams from test pits
“It is very encouraging to find coarse gold in nugget form, from this single tenement at Nickol River, from below tertiary river gravel and on SAM identified structures,” Cyclone Metals Director Will Scott said.
Cyclone Metals completes acquisition of gold, copper, nickel and PGE projects in New Zealand
Cyclone has acquired Grand Port Resources Pty Ltd, which holds six highly prospective gold, copper, nickel and PGE projects in New Zealand, with a further two lithium and rare earth project applications being submitted shortly.
Cyclone Metals acquires Grand Port and its diversified portfolio of gold, copper, nickel and PGE assets in New Zealand
It also proposes to raise $500,000 via the issue of 100 million shares to fund the initial work on Grand Port’s projects, acquisition costs and general working capital.
Cyclone Metals recovers gold specimen in the Pilbara, confirms confidence in future drill program
The company has proved its hypothesis that primary gold exists where eluvial gold has been mined in the area for the past 140 years.
Cyclone Metals garners WA Government approval for alluvial gold work at Nickol River
Approvals for the program of works, along with early positive results from geological surveying, are giving the company the confidence to drill for alluvial and eluvial gold in the Pilbara.
Cyclone Metals looks to the next chapter at Nickol River Project thanks to comprehensive survey
Early findings from the sub-audio magnetics (SAM) survey have pinpointed several areas of interest at Nickol River.
Cyclone Metals to kick off rare earths gravity survey at Yalardy, WA
The gravity survey will commence before the end of the month and a regional geochemical survey is planned to start at the beginning of November 2021.
Cyclone Metals snaps up more two more gold tenements in Australia’s engine room
The new acquisitions bolster Cyclone’s existing Nickol River landholding, where it’s prospecting for gold in WA’s Pilbara region — an area known as Australia’s engine room.
Cyclone Metals begins magnetic survey in first ever modern exploration program at Nickol River Gold Project
Cyclone director Will Scott said, “The project has had coarse gold recovery/mining since 1889 to the present day and has the potential to represent a deeper primary gold system which is evidenced by outcropping hard rock gold occurrences.”
Cyclone Metals enhances board skillset with operational and in-field expertise
The company has appointed William Scott, who has extensive practical experience in the region around the newly acquired Nickol River Gold Project, as a non-executive director.
Cyclone Metals reaps the rewards from Lady Ethleen test-work program
The mineral exploration company recovered up to 92.9% copper during its stage one metallurgical test-work program on the copper-gold asset, with the results representing a considerable improvement on traditional acid-leach results.
Cyclone Metals snaps up tenement package in red-hot gold region
The new land package is described as a “small but significant acquisition in a very desirable location for gold”, where groundwork will kick off imminently.
Cyclone Metals paves way for ASX trading reinstatement with moves to release prospectus and updates on activities
The company will also provide an update on the status of its financing facilities and investments and a working capital statement.
Cyclone Metals plans detailed exploration of newly granted tenements prospective for rare earths
"This is yet another exciting project we have been working on and with rare earth prices at high levels we will continue to work on this project for the benefit of shareholders,” says chairman.
Cyclone Metals has eyes on environmentally-friendly metal processing technology
The company has completed drilling at its Lady Ethleen Project in Queensland and sufficient samples have been sent to conduct Glyleach test-work at the MPS facility in Western Australia.
Cyclone Metals set to reduce debt with $1 million placement ahead of Lady Ethleen copper trial leach program
The funds raised from the placement will be used to reduce ATO debt and for general working capital at the company’s Lady Ethleen Copper Project.
Cyclone Metals plans initial exploration at rare earths project as it progresses tenure application
Cyclone has engaged Allender Exploration, a geological consultant with extensive experience in the project area, to undertake an initial exploration program.