Company
Polymetals Resources Ltd
ASX:POL
Polymetals Resources Ltd is an Australian mining and exploration company with a project portfolio with significant potential for the discovery and development of both precious and base metal resources. The company's cornerstone asset is the Endeavor Silver-Zinc-Lead Mine, one of the three large mines in Cobar NSW Australia. It is seeking to become a long term, consistent and profitable base and precious metal producer.
65 stories
Polymetals Resources promotes chair to executive position to oversee forward growth
The company has appointed 40-year veteran David Sproule to the position as Polymetals approaches the final stages of a potential asset acquisition, which it says will provide an opportunity for growth and diversification.
Polymetals Resources identifies multiple high-priority geophysical targets at Mansala Gold Project in Guinea
“In addition to identifying prospective gold zones within the Mansala tenement, the survey has provided the company with additional vectors to explore for new targets within the licence,” said project manager William Pountney.
Polymetals Resources progresses to early-stage mine acquisition discussions for Australian polymetallic asset
The company has recently conducted a high-level review of an Australian polymetallic production asset, currently on care and maintenance.
Polymetals Resources delivers broad zones of higher-grade gold at Alahiné in Guinea
"The positive results from our phase three drilling program at the Alahiné Gold Project has once again reinforced the prospectivity of the licence as we plan future drilling programs,” said CEO Alex Hanly.
Polymetals Resources identifies multiple high-priority gold targets in survey over Alahiné Project in Guinea
“The recent aeromagnetic survey has demonstrated why the Alahiné Project is in such a prospective gold zone and has provided the company with a better approach for targeting new prospects along strike both to the north and south," project m
Polymetals Resources begins Phase 3 RC drilling of high-priority gold targets at Alahiné in Guinea
The program is planned to confirm the strike continuity of the northeast quadrant and test the extent of high-grade mineralisation open at depth.
Polymetals Resources kicks off airborne magnetic survey at Mansala
Once the survey results are in, Polymetals will look for future drill targets and use the findings to design its next exploration campaigns in 2022.
Polymetals Resources demonstrates gold prospectivity of Mansala in Guinea as exploration acccelerates
“The latest results reinforce the prospectivity of the Mansala Gold Project and the potential for significant discovery within the licence,” says CEO.
Polymetals Resources launches airborne magnetic survey at gold projects in Guinea
“We are pleased that the aeromagnetic survey has commenced at our projects and are confident it will both provide new targets and unlock the structural controls at both Alahiné and Mansala," says CEO.
Polymetals Resources strengthens team in Guinea with project manager appointment
William Pountney’s appointment follows that of Nana Asante as lead exploration geologist earlier this year and enhances the company’s in-country capability and local knowledge.
Polymetals Resources identifies new gold targets at West African Project
“Three new mineralised trends identified during the recent drilling provide Polymetals with several follow up targets in addition to the well-defined north-north-east trend confirmed during the Phase 2 Air Core Drilling Program,” says lead
Polymetals Resources begins auger drilling at Mansala Gold Project in Guinea, West Africa
“Mansala has been subject to widespread artisanal activity, suggesting the area is highly prospective for gold,” CEO Alex Hanly said.
Polymetals Resources advances towards gold discovery at the Alahiné Gold Project in Guinea with auger drilling program
“Polymetals has continued the great momentum of 2021 with a suite of geological work scheduled for the coming year across both our Alahiné and Mansala Gold Projects as we lay the foundations for a significant gold discovery,” says CEO Alex
Polymetals Resources appoints West African specialist as lead exploration geologist
Nana Yaw Asante will plan and lead the company's exploration programs within the Siguiri Basin as Polymetals progresses its gold discovery strategy.
Polymetals Resources kicks off auger drilling at Alahiné in gold-rich Siguiri Basin in Guinea
The 10,000 metres auger program is designed to extend the high-grade near-surface potential defined in Phase 2, in addition to testing undrilled targets that display +100ppb gold in soils within the Alahiné licence.
Polymetals Resources surges on hitting bonanza-grade gold in Alahiné Phase 2 drilling
“We are very encouraged by what we have seen at Alahiné ... The high-grade near-surface intercepts of 96 g/t, 51 g/t and 34 g/t provide potential for possible near-term gold production within the Alahiné licence," says CEO.
Polymetals Resources looks forward to progressing projects as it enters FY22 debt-free
“We are encouraged by what we have seen at Alahiné, and the assay results will enable us to plan the next steps in our exploration strategy within the Siguiri Basin," says David Sproule.
Polymetals Resources latest assays point to a large gold target
“The additional results received provide further evidence that the laterite mineralisation mined by the artisanals is a very wide re-mobilisation halo. Although we are in the early stages of exploration, this halo demonstrates the potential
Polymetals Resources halts trade amidst news from Guinea military that government has been dissolved
The ASX-lister is developing a portfolio of gold projects in Guinea and has opted to halt trade until the political situation in the West African nation becomes more clear.
Polymetals encouraged by initial assays of up to 8 metres at 5.26 g/t gold from Guinea project
“We are very encouraged by the preliminary results received from the Alahiné phase-2 program, particularly the high-grade results from relatively shallow holes and eagerly await further assay results,” Polymetals supervising geologist Clive
Polymetals Resources poised to accelerate exploration at Alahiné
Alahiné Project hosts extensive historical and current artisanal gold production which reinforces the exploration potential of the area.
Polymetals Resources adds mineral exploration experience to the team with supervising geologist appointment
Polymetals is well funded to accelerate exploration at Alahiné after its successful $5.2 million initial public offer and ASX listing completed in June 2021.
Polymetals Resources maintains Alahiné momentum by extending phase-2 drilling
Polymetals is well funded to accelerate exploration at Alahiné after its successful $5.2 million initial public offer and ASX listing completed in June 2021.
Polymetals Resources tests Siguiri-style oxide gold potential across Alahiné licence in Guinea
The company continues to investigate new business development opportunities within the Siguiri Basin as well as advanced mining opportunities in Australia in a bid to diversify its asset base.
Polymetals Resources begins 5,100-metre drill campaign at Alahiné in Guinea
The company’s drilling program is designed to test the productive artisanal gold diggings enclosed by the 40 ppb gold-in-soil anomaly contour line at the East Alahiné North, Central and South prospects.
Polymetals Resources debuts on ASX, focusing on West African gold projects
The company successfully raised $5 million in its initial public offering and hit the boards today.