Company
ASX:AX8
Accelerate Resources Limited is an emerging mineral exploration company focused on the discovery and development of gold and critical minerals. The company is committed to creating shareholder value through exploration success, project de-risking, and growth via strategic acquisitions and partnerships.
62 stories · page 2 of 4
With lithium and gold upside to boot, this West Aussie explorer is dedicated to farming up critical minerals on home soil, creating a reliable and sustainable supply chain that will satiate manganese demand in the decades to come.
The company is focused on copper, cobalt, gold and nickel prospects on Tasmania's west coast.
“We are delighted with the level of support we have received for this placement. Together with existing cash on hand, these funds will ensure we are well funded to rapidly advance our battery metals strategy," MD Yaxi Zhan said.
High-grade manganese deposits capable of producing lump or fines product with grades in excess of 40% are critical in steel and battery market supply chains.
Investments and investor services
The event will attract “the who’s who of the junior and mid-cap market CEOs” and will have a “bustling exhibition area”.
The drill core will now be sent to the lab for official assaying.
Chairman: “It is pleasing that we have reached an agreement that will enable both the board and GTT to focus on working together to drive value for all shareholders.”
The Mt Read project in western Tasmania featured a 99-metre-wide copper zone.
The company’s drilling is targeting an induced polarisation (IP) anomaly and the adjacent magnetic zone.
The grant relates to the company's Mount Read Project in Tasmania.
