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.
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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.”