Articles On Gascoyne Resources (ASX:GCY)

Gascoyne Resources has declared standout new drill intercepts from ongoing resource drilling at the Gilbey’s North prospect, located less than 1000 metres from the +2.5 million tonnes per annum processing plant at its Dalgaranga Gold Projec...

Gascoyne Resources (ASX: GCY) has reported standout new drill intercepts from ongoing resource drilling at the Gilbey’s North prospect within the wholly-owned Dalgaranga gold project in Western Australia. Assays from infill holes up-dip of...

Gascoyne Resources (GCY) intersects “outstanding” high-grade gold mineralisation at the Gilbey’s North prospect within the Dalgaranga gold project in WA Results have been received for three holes which were drilled up-dip of the thickest h...

Gascoyne Resources’ Dalgaranga Gold Mine in Western Australia has produced a within-guidance figure of 71,153 ounces for the 2022 financial year. But gold production of 16,298oz for the June Quarter was down on the record of 21,669oz achiev...

Gascoyne Resources’ Gilbey’s North discovery, located immediately north of the operating Gilbey’s pit in the Dalgaranga Gold Project, continues to grow with exceptional new results from deep follow-up drill-holes. Gascoyne managing director...

Gascoyne has made a stellar intersection of 54m grading 6.55g/t gold at its Gilbey’s North discovery which is north of its operating Gilbey’s pit about 65km north-west of Mt Magnet, WA. Gilbey’s North is located only 1 kilometre from the Da...

Gascoyne Resources (GCY) intersects “standout” new intercepts from the Gilbey’s North prospect at its Dalgaranga gold project in WA Up to 20.1 g/t gold was intersected with the results confirming the presence of deeper and higher-grade min...

Culpeo Minerals up +90% after hitting 173m grading 1.05% copper Encounter Resources is on Garimpeiro’s list of ‘junior copper stocks to watch’ Drilling updates from First AU’s Dogwood porphyry copper project are pending Here are the bigge...

Meteoric Resources will sell its 387,000oz Juruena gold project for up to ~$30m Southern Cross Gold up 240% on its May 12 listing price Horseshoe Metals (copper gold) Firebird Metals (manganese), and Resource Mining Corp (nickel) up on no...

Capricorn Metals has entered into an agreement with Gascoyne Resources to acquire the prospective Mumbakine Well Project located close to the company’s Karlawinda Gold Project tenure in the Pilbara region of Western Australia. Capricorn wil...

ShareCafeEvening Report: 30 May, 2022 by Lauren Evans   The ASX 200 rose for a second successive day led by technology, materials and bank shares. At the closing bell, the index was 1.5 per cent or 104 points higher at 7,287, its best perfo...

ShareCafeLunch Report: 30 May, 2022 by Melissa Darmawan   Australian shares jumped to a three week high after a strong lead from Wall St. Every sector is rallying, bar utilities after news from AGL. The optimism is led by technology shares,...

Gascoyne Resources (GCY) encounters further high-grade gold from the Gilbey’s North target in Western Australia New results peaked at 8.58g/t gold and three of the holes ended in mineralisation with depths ranging from 53 to 54 metres Fol...

The Firetail Resources Limited (ASX: FTL) share price blazed through its debut on the ASX today. It came after the battery minerals explorer provided an update regarding its capital raise. At market close on Wednesday, Firetail shares fini...

Gold miners start March reporting season off strong with Gold Road and Gascoyne both posting stronger production US Fed sees more rate rises to come in March minutes, but gold holds steady with inflation on the rise Gina Rinehart confirms...

Gascoyne Resources (GCY) is set to undertake a $19 million capital raising to support its exploration strategy and repay its debt The capital raising will consist of a $15 million placement and $4 million share purchase plan (SPP) Under th...

Gascoyne Resources (GCY) has placed its shares in a trading halt regarding an upcoming capital raise The materials stock recently halved its debt with a major shareholder on the back of strong gold production as it focused on maintaining a...

ASX Emerging Companies (XEC) index has closed 0.8% lower on Thursday Monday winners: Australian Vanadium Limited (ASX:AVL), Roots Sustainable Agricultural Technologies (ASX:ROO)  Monday losers: Hawsons Iron Ore (ASX:HIO), Icannex Healthcar...

Gascoyne Resources is raising equity to pay its convertible debt early.

Follow-up drilling at Gascoyne Resources’ (GCY) Gilbey’s North, located within the Dalgaranga gold project, in WA, has further expanded its footprint of the discovery Close-spaced drilling immediately north of the main operating pit has de...

Gascoyne Resources (GCY) halves its debt with major shareholder, Deutsche Balaton AG, due to strong gold production The company has prepaid $10 million from its $20 million convertible note facility, which was entered with Deutsche Balaton...

Westgold Resources’ (ASX:WGX) was too little, too late with its bid to takeover Dalgaranga gold project owner Gascoyne Resources (ASX:GCY), a curious corporate stoush that saw under-the-radar junior gold explorer Firefly Resources emerge a...

Russia’s war in Ukraine may be driving oil and gas prices through the roof, but the foundations of crude’s run beyond US$100 a barrel have been building for years. Crude was above US$110/bbl last week, translating to over $2 a litre at the...

Gascoyne Resources (GCY) drills its “best hole to date” at the Gilbey’s North discovery near its Dalgaranga gold processing plant in Western Australia The company says the reverse circulation hole has delivered several intercepts totalling...

“This remarkable drill result, which is literally within the afternoon shadow of the Gilbey’s Waste Dump, is a potential game-changer for this emerging gold discovery," says CEO.

Gascoyne Resources is enjoying further near-mine exploration success on two fronts at its Dalgaranga gold project in the Murchison region with significant strikes including 11 metres grading 2.75 g/t gold.

“These results really reinforce Gascoyne as an exciting growth opportunity, with solid production and a great processing plant at its core – and an active exploration team delivering new ounces and blue-sky growth potential,” says MD.

Gascoyne Resources (GCY) reports on further encouraging drill results from its Dalgaranga Gold Project in Western Australia Drilling was undertaken at Golby’s North with 21 reverse circulation holes drilled and 17 intersecting significant...

“Our on-site geology team continues to deliver consistent drilling results less than one kilometre from the processing facility at Dalgaranga,” says CEO and MD Simon Lawson.

Gascoyne Resources might have found its next key mining zone after it discovered an area with significant gold mineralisation at its Dalgaranga project located near Mount Magnet in WA’s Murchison region.

Gascoyne Resources (GCY) has discovered a new zone of gold mineralisation immediately north of the Gilbey’s open pit at its Dalgaranga gold project in WA The Gilbey’s North zone was highlighted through drilling and has so far been defined...

“Our objective will be to advance this new discovery as quickly as possible to resource status so we can get the engineers working on potential mine plans," said managing director Simon Lawson.

Keep up with the latest progress in Australian mines, including from BHP, Gascoyne, Austral and Strandline.  BHP will transition its South Flank mine to autonomous haulage, less than a year after first ore was produced at the Western Austra...

Non-executive director and chairman George Bauk has stepped down today, handing the reins to fellow non-executive director Rowan Johnston.

Gascoyne Resources has revitalised its near-mine exploration strategy in the Murchison region of WA with a swag of high-grade gold results returned within a 5km radius of the 2.5Mtpa Dalgaranga Mill.

Iron ore looks poised to cross the US$120/t again before the end of the year, as prices flirted with the mark on Friday. The most traded January contract on the Singapore exchange hit US$127.95/t before coming back to US$125.45/t, a gain of...

Gascoyne Resources (GCY) enters into a $20 million debt facility with major shareholder Deutsche Balaton AG The facility consists two equally priced tranches over a two year term with key terms including a fixed interest rate of 18 per cen...

The debt facility, split into two equal tranches, will help Gascoyne repay an existing debt with financial services firm Investec and provide general working capital to invest in growth opportunities.

Gascoyne Resources has tabled a bumper updated mineral resource estimate for its newly acquired Yalgoo gold project about 60 kilometres west of its Dalgaranga gold operations in the Murchison region of WA.

The gold explorer and project developer strengthened the estimate with a maiden mineral resource at the Applecross prospect, as well as an update to Yalgoo’s key Melville deposit.

Gascoyne Resources has capped a hectic period that included a failed takeover bid by Westgold and a merger with ASX-listed explorer Firefly Resources with the appointment of Simon Lawson as Managing Director.

Gascoyne Resources (GCY) appoints Simon Lawson as Managing Director and CEO, effective immediately Prior to joining Gascoyne on November 10 as Non-Executive Director, Mr Lawson was the Managing Director of Firefly Resources before the com...

It has been an ‘extraordinary’ gold run over the past few days, according to OANDA UK & EMEA senior market analyst Craig Erlam. The price of the precious metal is now at 5 month highs of +$US1,860/oz. Pic: Gold price over the past year....

Lawson has built and led teams that contributed more than 3 million ounces and in excess of 15 years mine life to several high-profile mining operations across a number of highly successful gold producers.

“We recognise our obligation to now deliver on the strategic rationale and value uplift of the Firefly transaction to our shareholders,” Gascoyne stated in a letter to shareholders.

Gascoyne Resources looks set to throw its lot in with ASX-listed Firefly Resources after the Supreme Court motioned through a merger deal between Gascoyne and Firefly. The move ends Westgold’s bid for Gascoyne.

Apollo Consolidated (ASX:AOP) shareholders hoping for a takeover battle between suitors Gold Road Resources (ASX:GOR) and Ramelius Resources (ASX:RMS) are set to be disappointed. The game of oneupmanship lasted just a couple rounds as Gold...

Westgold Resources non-executive chairman Peter Cook remains focused on growing the company but says the gold miner is happy to play the long game after abandoning its bid for Gascoyne Resources.

What happened to the most talked about metals and minerals in October? Investor sentiment for commodities went ballistic, almost across the board. Copper was back in vogue, rising above US$10,000/t for the first time since May. The close of...

Highlights  The demand for most commodities has reached the pre-COVID-19 levels and continues to rise. State Gas is advancing well with new phase of production activities across its Queensland gas projects. The merger between Firefly...