Articles On Comet Resources (ASX:CRL)

Comet Resources has hit the ground running in northern Mexico with a drill rig already pushing out diamond core from the company’s Santa Teresa gold project, where previous exploration returned assays of more than 950 grams per tonne gold.

The company has started the drilling to test extensions of known gold mineralisation along strike and at depth, and to target areas identified from prior drilling.

Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services pro...

Comet Resources has pulled off something of a coup, entering into an agreement to acquire the mineralised extensions to its Santa Teresa gold mine in northern Mexico. Historical production from the neighbouring La Sorpresa III lease graded...

The company has signed a binding HOA to acquire the La Sorpresa III tenement which is contiguous to the northwest licence boundary of Comet’s main Santa Teresa Gold Project tenement.

Comet Resources has finalised the acquisition of several highly prospective copper assets from Bath Resources in the Northern Territory amid surging copper prices. The best drilling results from the Oonagalabi copper-zinc project, north-wes...

Comet Resources has added geographic and commodity diversity to its portfolio with a deal to acquire large tracts of prospective copper-gold and base metals exploration ground in the Northern Territory. Limited past exploration has turned u...

With copper prices touching records highs, the company believes it is a great time to add to its portfolio with advanced and early-stage copper projects with gold and base metals as well.

Comet Resources has been given the green light to begin drilling at its high-grade Santa Teresa gold project in northern Mexico, with the Environmental Impact and Risk assessment department in Baja California clearing the way for diamond dr...

Drilling will aim to test extensions of known gold mineralisation zones along strike and at depth, as well as target areas of interest identified by review of prior drilling results.

Comet looks forward to receiving the results from its various workstreams and will provide updates as soon as the information is available.

The capital raisings boom on the ASX is continuing in 2021 with nearly $10 billion raised in the first four months of the year. Across 325 deals, ASX companies have raised $9.878 billion in capital amidst IPOs, placements and rights issues....

In what is becoming a definite trend for graphite developers now, ASX-listed Comet Resources is looking for downstream commercial opportunities for its Springdale graphite deposit near Ravensthorpe in WA. The company says it is aiming to cr...

Once the bulk sample of graphite concentrate is produced it will be forwarded to a specialist lab in Germany that will assess, among other properties, the performance of the graphite during purification, micronisation and spheronisation.

ASX-listed explorer, Comet Resources has struck an agreement to buy a portfolio of prospective greenfields base and precious metals properties in the Northern Territory, most of which boast some good early numbers that look like they are be...

Source: SvedOliver,Shutterstock Summary Comet Resources (ASX: CRL) has acquired a highly prospective copper-gold project in the Northern Territory. The current acquisition aids the company to build a robust portfolio of base and preci...

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...

2021 is set to be another big year for ASX capital raisings with solid volumes so far in 2021. In the first nine weeks of the new year, ASX companies have raised over $1.96 billion. Although this is lower than the $3 billion raised in the f...

Comet Resources is set to launch an aeromagnetic survey at its Barraba copper project in north-east NSW following recently completed initial geochemical soil and rock chip sampling work that yielded high-grade base metal assay values.

Data acquired through the survey with an Unmanned Aerial Vehicle is expected to display geological structures that may previously be undetected in the project area.

Comet Resources has rattled the tin and raised a million dollars from sophisticated and institutional investors. The company says the cash injection will largely go towards funding a planned expansion of exploration activities at its Barrab...

Funds will primarily be used at the Barraba Copper Project with exploration to be expanded to include two historic mine areas.

Comet Resources has unearthed samples bearing visible gold at its high-grade Santa Teresa project in Mexico. Detailed geological mapping and sampling throughout the historic mine area has identified a raft of previously unrecognised gold-be...

Drilling permit applications will be submitted shortly once documentation is completed, with approval expected 60 days thereafter.

The company revealed a maiden 88,600-ounce JORC-compliant mineral resource estimate for the Santa Teresa High-Grade Gold Project in Baja California, Mexico.

Soil geochemical sampling and analysis has confirmed surface copper mineralisation around the historic Murchison Mine, with mineralisation open to the west and east.

Summary Comet Resources (ASX:CRL) has announced significant progress at its Santa Teresa gold project. Intermico Services, appointed as the Project Manager, has engaged a local geological consultancy. All the primary tasks have been c...

Comet Resources says drilling is expected to commence in the new year at its 50 per cent-owned Santa Teresa Gold Project in Mexico where it has already booked a maiden high-grade resource of 369,000 tonnes at a solid 7.47 g/t gold.

The company’s project manager has appointed a geological consultant to help in a mapping and trenching program focused on vein outcrops, which will assist in finalising drill-hole positioning.

ASX-listed gold and base metals explorer, Comet Resources, has wasted no time in kicking rocks at its Barraba copper project in the New England Fold Belt region of NSW after only recently securing exploration access to the historic mining a...

The field program included grid-based geochemical soil sampling, rock chip sampling and geological mapping around the historical high-grade Murchison Copper Mine and several IP anomalies at Gulf Creek North.

During Q3, the company executed binding documents with Raptor Capital International Limited for a streaming facility to provide a minimum of US$6 million (and up to US$20 million) in funding for development of Santa Teresa Gold.

ASX-listed gold and base metals explorer, Comet Resources, has reached a breakthrough agreement that frees it up to proceed with exploration at the historic Barraba copper project along the Peel Fault line in the New England Fold Belt regio...

The land accessible under the access agreement includes the high-grade Murchison Copper Mine which historically produced copper at 3% average grade from surface with historical assays returning grades of up to 5.1% copper.

Interminco’s executives have worked in Latin America and Mexico for more than 20 years and have broad experience with tier-1 major miners and exploration.

Comet Resources has wasted no time at its Santa Teresa gold project in Mexico, delivering a high-grade maiden resource for the project, tipping the scales with 369,000 tonnes at an impressive 7.47 g/t gold.

The updated Santa Teresa gold mineral resource estimate was completed by independent consultants from Cube Consulting Pty Ltd.

Funds raised through the SPP and $2 million placement will be used for ongoing exploration at the company’s Santa Teresa Gold Project and Barraba Copper Project.

Capital raising funds will primarily be used for ongoing exploration at the company’s Santa Teresa Gold Project and Barraba Copper Project.

ASX-listed explorer, Comet Resources, has finalised a US$20 million “streaming” facility with Raptor Capital International for the potential development of its high-grade Santa Teresa gold project in Mexico.

Raptor Capital will provide a streaming facility to assist in the development of the Santa Teresa project in Baja California, Mexico.

Capital raising funds will be used for ongoing exploration at the company’s Santa Teresa Gold Project, Barraba Copper Project and Springdale Graphite Project.

Under the SPP, eligible Comet shareholders will have the opportunity to apply for up to $30,000 of new shares at an offer price of 0.2 cents per new share.

The halt will be in place until the beginning of trading on Wednesday, September 9, or when an announcement is released.