Articles On Alice Queen (ASX:AQX)

Alice Queen (AQX) has raised $1.3 million through a placement. The company will issue approximately 162.5 million shares at a price of $0.0008 per share The funds will be used for working capital and for exploration drilling at Horn Island...

“With the current IP survey at Horn Island nearing completion, we are looking forward to getting the drill bit spinning in February,” says MD.

Bearish sentiment is still gripping the local markets, but the ASX managed to pull into itself into positive territory in the last 30 minutes of trading. The benchmark would have slumped more today had it been not for the Mining sector, whi...

Mineral exploration company Alice Queen (AQX) has entered a trading halt ahead of a proposed capital raise The company yesterday announced discovering a 1.4-kilometre anomaly at its Horn Island project in Queensland The discovery was made...

Alice Queen (AQX) says an open, 1.4-kilometre chargeability anomaly is emerging at the Horn Island gold project in Queensland The Jedha 1 anomaly was found through an ongoing survey between the southwestern edge of the Horn Island resource...

The emerging and potentially large-scale anomaly identified is very encouraging and is well-aligned with its strategy to discover additional deposits. The potential for higher-grade gold to develop at depth and/or along strike remains a str...

The results also included recently returned surface and near-surface assays that are subject to additional biosecurity protocols.

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

The precious metals explorer recently drilled 51 reverse circulation (RC) drill holes to examine the gold profile of Horn Island’s legacy stockpiles.

Gold and copper explorer Alice Queen (AQX) receives positive gold results from the recent reverse circulation drilling program at its Horn Island Project in Queensland A total of 51 holes were drilled to test the low-grade stockpile, bund...

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....

The ASX closed the second last trading day of the year – and the last full day of the year – slightly higher marking the sixth straight day of gains. This was despite a quiet day for trading and no sectors standing out with the best being t...

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

The ASX started the week lower as a result of a drop in the energy and financial sectors. Energy shares fell by over 3%, as surging cases of the Omicron variant raised fears that new restrictions may hit fuel demand. Financials meanwhile we...

It’s been fairly choppy for precious metals this year, with economic recovery, rising nominal yields and the potential for rate hikes dampening investors’ appetite for gold. But on the flip side, new virus variants, fears of stagflation and...

US Fed chair Jerome Powell finally admitted that inflationary pressures weren’t going to be as sh­­ort-lived as perhaps expected. Earlier this week Powell surprised markets by suggesting it would be appropriate to drop the phrase “inflation...

“Nick has an amazing track record of success in turning small companies into big ones, and in doing so, laying the foundations for some A$5.7 billion in returns to the shareholders of those companies," said MD.

Alice Queen (AQX) commences a second dipole-dipole induced polarisation survey at its Horn Island Project, located in the Torres Strait in Northern Queensland The survey covers an area of 11 square kilometres and is helping identify priori...

"IP has proven itself as the key geophysical method by which to locate buried sulphide mineralisation, and it is within the sulphides that all of the gold at Horn Island is hosted,” says MD.

World stock markets bounced back after Friday’s rout Stock markets in US and Europe made a rebound overnight, following the knee jerk selloff last Friday on Omicron fears. Although data is still being gathered, there are early signs the new...

Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly...

Following a 7.6% surge from late September, the price of gold is now sitting ~$US1,860/oz for the first time since June. The Aussie price is looking even better, which is great news for our local producers: USD (dark) and AUD (light) gold p...

Growing concerns about inflation could send gold prices soaring back above the US$2,000 ($2,746) an ounce mark it last reached back in 2020. Prices of the precious metal have already been rising steadily over the past fortnight, up some 3.7...

“The Horn Island Scoping Study has been an exciting exercise in endeavouring to determine some high-level understanding about the potential economics of the project. The most exciting thing, however, is the prospect that the range of number...

After climbing into midday trade, the ASX 200 lost ground in the afternoon to finish 0.14% lower. There were sharper falls in the ASX microcap Emerging Companies index, which fell by 1.63% — its worst session since September 20. At the big...

The ASX closed down again today in spite of resources and tech gaining over 1%. The ASX 200 fell 0.24%, closing at 7,434 points. Despite the gains in resources and tech most other sectors fell with financials, property and energy retreating...

A global carbon taxation regime could slash gold miner profit margins by up to 45% unless an effort is made to reduce greenhouse gas emissions, Metals Focus says. Some countries, such as Canada and Sweden, already impose carbon taxes and th...

Local stocks posted a solid session on Wednesday ahead of this week’s main event on global markets later tonight — the US Fed’s latest policy decision. After plenty of forward guidance, the Fed is expected to formally announce the taper of...

The ASX 200 rose 0.64% on the first trading day of the month. All sectors were in the green except financials – a sector dragged down by Westpac (ASX:WBC) following its results. The best sectors were consumer discretionaries, telcos and uti...

Frontier Resources buys a couple of rare earths and high purity alumina projects in WA Accelerate Resources pegs lithium project near its manganese assets in the Pilbara  ‘Heavily overbid’ $13.6m cap rise will fast track exploration at Glo...

The gold price may be in a holding pattern at ~$US1,800/oz, but Aussie gold miners continue to throw piles of cash at acquisitions and new developments. Westgold (ASX:WGX) looks increasingly likely  to hoover up struggling producer Gascoyne...

Gold stocks are cheap, experts keep saying. Well-known analyst Jesse Felder has now demonstrated the “pathetic performance” of the US gold majors in handy chart form. The US listed BANG stocks (Felder’s play on FANG) include gold giants Bar...

The +9Moz, ~350,000ozpa ‘Kyuchus’ field will be one of Russia’s biggest gold mining projects. Kyuchus was first discovered in 1963, but its isolation in the harsh Arctic climate of the Yakutia region has, so far, stymied numerous developmen...

Investors want to see gold miners wisely grow their production profile. Not like miners did during the last cycle, when some irrational, highly priced M&A action destroyed significant wealth. The big gold miners have a “lousy recent his...

There is a lot of uncertainty in the market due to tensions in China, rising interest rates and continuing economic recovery of the global COVID-19 pandemic, with investors fleeing for safe havens to park their cash in. Safe havens like gol...

The valuations of major gold miners remain weak despite falling debt and record dividends, according to the latest Metals Focus Gold Peer Group Analysis. Australia’s largest gold miners Newcrest (ASX:NCM), Northern Star (ASX:NST), and Evolu...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

It’s been a frustrating few months for gold bulls. As an investment hedge, gold shines during periods of poor or volatile market sentiment. It loves drama like pandemics, civil wars, or the unprecedented failure of the Lehman Brothers in 20...

Gold continues to consolidate around $US1,800/oz which, if we went back in time to July 2020, would be cause for celebration. Back then $US1,800/oz was an eight-year high and bullish sentiment was nudging even the shittiest exploration stoc...

ASX Capital Raise Roundup is a fortnightly look at ASX capital raisings. This extended Australian lockdown, affecting ~60% of the population, certainly is a bruising time for the industries hardest hit.  As an example, health club operator ...

Gold bugs would be breathing a sigh of relief this week as the price stabilises just shy of $US1,800/oz ($2,463/oz Aussie) thanks to Monday’s healthy 1.5% gain. While there are plenty of other red hot sectors attracting investor dollars rig...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

“As the Horn Island Scoping Study nears completion, we are pleased to have completed a capital raise that will allow us to accelerate further exploration at Horn Island,” says MD.

Local markets continued their strong form on Wednesday as the ASX rose for the third straight session. Reporting season threw up some big-name winners as markets responded to the latest round of full-year results. While the ASX 200 edged hi...

It was another positive close for the Australian bourse today with energy the standout sector. The ASX 200 closed 0.17% higher at 7,503 points while the ASX Emerging Companies Index gained 1.1% to close at 2,262 points. Leading the charge w...

The company is set to kick off diamond drilling at its Mendooran Project in New South Wales, comprising two deep 700-metre holes.

The gold price itself had 12 months of consolidation. Now we are entering a new stage of a bull market which Barry Dawes of Martin Place Securities believes “will take it much, much higher”. In the big scheme of things, the pullback we have...