Chase Mining Corporation Ltd (ASX:CML)

Chase Mining Corporation Ltd (ASX:CML)


Share Price
$ 0.04
Change
0.004 (12.50 %)
Market Cap
$7.45 m
Proactive Investors - Run By Investors For Investors

Chase Mining Corporation Ltd

Chase Mining Corporation Ltd (ASX:CML) is listed on the Australian Securities Exchange.

EPIC: CML
Market: ASX:CML
52-week High/Low: A$0.05 / A$0.02
Sector: Mining
Market Cap: $7.45 m
Website: www.chasemining.com.au
col 3
col 4
col 5
col 6

Chase Mining Corporation Ltd Snapshot

The website Home page is being updated following the recently announced changes to the Torrington tungsten resources and the signing of a Corporate Advisory Mandate entered into with GTT Ventures Pty Ltd.

The Exploration and JORC 2012 pages of the Torrington Project section are also being updated’.

Torrington Project

Project Overview

The Torrington Project comprises EL 8258 and adjoining EL 8355 held by Torrington Minerals Pty Ltd a wholly owned subsidiary of TopTung Limited (TopTung). The project is located in northern New South Wales, 240km south-west of Brisbane, Queensland, and 400km north of Newcastle, NSW, in proximity to the Torrington Township approximately 65km by road south-west of the local Shire town of Tenterfield (Figure 1). Generally, infrastructure is very good and includes a 22kVA power line to site. The Project area encompasses 53km2 and covers most of the numerous historic shallow tungsten mines and workings located within the State Forest Reserve and on private land holdings (see Figure2). Initial exploration will be restricted to the REF Area within the State Forest Reserve and Lot 20 (for which Company has concluded access and compensation agreements).

(click here for more information on the overview)


Mining History

Torrington Tungsten – A history sporadic mining over 80 years from 1899 to 1980.

The first recorded presence of tungsten, tin and bismuth mineralisation associated with the Torrington Pendant is in the Fielders Hill area in 1887 by David (see Figure 1). Mining commenced in 1899 by P. Bennet who recovered wolframite and bismuth from veins and vughs within silexite. Exploration of thtonne wider area is recorded from the late 19th century, originally in search of alluvial and readily accessible hard rock tin and tungsten lodes, small scale mining of these commodities and bismuth soon began.

(click here for more information on the mining history)


Geology

The Torrington Project lies within the Torrington Pendant, an elliptical ~30km2 outlier of Early Permian metasediments (siltstone, mudstone, sandstone and conglomerate) within the Mole Granite.

(click here for more information on Geology)

(click here for more information on this project)

 

Last updated 31st October 2018

Dr Leon Pretorius
Executive Chairman
BSc (Hons) MSc PhD FAusIMM (CP) MAIG PrNatSci

Dr Pretorius is a Geochemist with 46 years international mineral and mining experience.

Since settling in Brisbane in 1978 he has worked on varied commodities with discovery success in gold, industrial minerals and uranium both in Australasia (mainly Queensland) and southern Africa. Open pit mining and mineral processing experience has been gained in Gold, Industrial Minerals, Uranium and Tungsten.

Corporately, he has also been involved as a public listed company director in Australia and overseas since 1985 and in the ten years prior to joining TopTung’s Board as its Executive Chairman , he was a Director of Paladin Energy until April 2005; Managing Director of Deep Yellow Limited until March 2010; and, Executive Chairman of Carbine Tungsten until July 2013.


Mr Martin Kavanagh
Non-Executive Director
BSc (Hons) Geology FAusIMM MAIG

Martin is a geologist with over 45 years’ exploration and mining experience acquired through fieldwork, research and management of Australia-wide and offshore programmes in Indonesia, North America, the Southwest Pacific region and Southern Africa. As a senior executive and consultant in the resource industry Martin has developed a multi-commodity skill set primarily as an exploration geologist with a strong background in resource development, open-pit and underground mining, metallurgy and process plant operations with corporate sector experience gained from 18 years as a director of ASX listed companies.

Martin held both Executive and Non-Executive Director positions at Tanami Gold (ASX: TAM) from 1995 to 2007. From July 2005 until May 2013, he was a Non-Executive Director and Executive Director of Deep Yellow Limited (ASX: DYL), a Namibian-focused uranium exploration company. He is a Fellow of the Australian Institute of Mining and Metallurgy and a member of the Australian Institute of Geoscientists.

Martin is the Principal of KEM Resources - Mineral Industry Consultants. Since November 2014 he has been consulting to Krucible Metals / TopTung initially assisting in the evaluation; attempted divestment; rehabilitation requirements; and updating / finalising the statutory reporting requirements of its Western Queensland and Northern Territory properties. He also assisted in the evaluation of a range of projects the Company looked at investing in, including the ultimate acquisition of the Torrington Tungsten and Topaz Project. His most recent and ongoing work for TopTung has been focussed on operational governance matters and the documentation of supporting policies and procedures.


Mr Charles Thomas
Non-Executive Director
B.Com

Mr Charles Thomas holds a Bachelor of Commerce from UWA majoring in Corporate Finance. Mr Thomas is an Executive Director and Founding Partner of GTT a leading boutique corporate advisory firm based in Australia. Mr Thomas has worked in the financial service industry for more than a decade and has extensive experience in capital markets as well as the structuring of corporate transactions.

Mr Thomas has significant experience sitting on numerous ASX boards spanning the mining, resources and technology space. Mr Thomas’s previous directorships include among others AVZ Minerals Ltd (ASX:AVZ), Liberty Resources Ltd (ASX:LBY), Force Commodities Limited (ASX:4CE) and Applabs Technologies Ltd (ASX:ALA) where he was responsible for the sourcing and funding of numerous projects.

Mr Thomas is currently the Managing Director of Marquee Resources Limited (ASX:MQR) and Non-Executive Director of Viking Mines Ltd (ASX:VKA)


Mrs Suzanne Yeates
Chief Financial Officer / Company Secretary
C A B.Bus

Suzanne is a Chartered Accountant with more than 20 years experience, both in private practice and as a senior accountant with PwC. She holds the position of Company Secretary and Chief Financial Officer for a number of public and private companies.

 

Last updated 31st October 2018

Corporate Office

Level 8
46 Edward Street
Brisbane QLD 4002
Australia


Postal Address

PO Box 15505
City East QLD 4002
Australia

Email: [email protected]
Ph: +61 (0)419 702 616
Ph: +61 (0)439 310 818

Video RSS

Videos

VIEW ALL VIDEOS

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use