SmallCaps
ASX:CGRMaterialsDiversified Metals & Mining

CGN Resources Ltd

CGN Resources Limited is an Australia-based exploration-focused mining company targeting copper, nickel, and specialty metals in Western Australia’s West Arunta Region.

$0.056– ⁠$0.000 (0.00%)AUD · Closed
+29.8%52-week return
Day Range
$0.056 – $0.056
52 Week Range
$0.000 – $0.140
Volume
5.93K
Avg Volume (10D)
4.17K
Market Cap
$6.45M
The company

The business

What CGN Resources Ltd does

CGN Resources Limited is an Australia-based exploration-focused mining company targeting copper, nickel, and specialty metals in Western Australia’s West Arunta Region. The Company’s flagship Webb Project encompasses a significant 961 square kilometer package of tenements located in the highly prospective West Arunta Orogen in Western Australia. The Webb Project is located in northern Western Australia, in the Aileron province of the West Arunta Orogen (WAO). The Company’s six targets include Tantor, Surus, Shep, Hathi, Snorky and Horton. It considers four potential deposits, including iron oxide copper gold (IOCG)-style, Orthomagmatic nickel, rare earth elements (REE) mineralization and Diamondiferous kimberlites.

Incorporated
AUS
Public since
2023-10-18
Shareholders
854
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Share price & key data

Share price

OHLC · volume · moving averages
$0.056+$0.001 (+1.82%)over 6M
Hi$0.094Lo$0.000
Price-sensitive newsVolumePrev close · 52W range

Market Statistics

Today
Open
$0.056
Prev Close
$0.056
Day High
$0.056
Day Low
$0.056
52wk High
$0.140
52wk Low
$0.000

Valuation

Multiples
Market Cap
$6.45M
Shares Out
115.17M
Price/Book
2.65

Trading Activity

Volume & book
Volume
5.93K
Value Traded
$331.97
Bid
$0.059 × 15,000
Ask
$0.085 × 10,000
Avg Vol 10D
4.17K

Performance

Total return
1 Day
+0.00%
5 Day
-2.63%
13 Week
+8.82%
52 Week
+29.82%
YTD
-12.94%
Peers & news

Latest news

From the Small Caps desk
CGN Resources获得2024年西West Arunta钻井计划的主要承包商
Mining & Resources

CGN Resources获得2024年西West Arunta钻井计划的主要承包商

CGN Resources (ASX: CGR) 已敲定多项重要合同，为 2024 年西澳大利亚West Arunta地区 Webb 项目的重大勘探活动做准备。 该公司已授予地球物理合同，并已开始选择钻探承包商，地球物理现场工作计划于 2 月开始，钻探将于 2024 年第二季度初开始。 新一轮勘探的地球物理方面将于二月份在韦伯开始，包括对项目区域进行重力、激发极化 (IP) 和电磁 (EM) 勘测。 CGN已选择对Surus、Tantor、Snorky和Horton目标进行重力和IP调查，而Shep目标将通过EM调查进一步评估。 然后，该公司的技术团队将利用各种调查的数据来帮助完善每个目标的最终钻探位置。 该公司已发出未来反循环（RC）和金刚石钻探（DD）项目的报价请求。 这些将构成地面地球物理调查后续勘探的第二阶段。 2024年重点勘探计划 总经理Stan Wholley表示，勘探和钻探活动将是CGN 2024年季节的主要项目。 “很高兴能够以一系列积极步骤开启新的一年，以实现我们 2024 年广泛的勘探计划。锁定我们的地球物理主要承包商，为我们迈向发现之路迈出了明确的第一步。” 他补充道：“随着我们 10 月份的首次公开募股取得了巨大成功，筹集了 1000 万澳元，我们现在处于有利地位，可以在勘探领域大力推进，并尝试效仿West Arunta一些邻国的成功。” 初步成果强劲 CGN对该地区的信心因去年 11 月在西澳州政府共同资助的 Tantor 目标区完成的积极钻探活动而得到提振，该处的首次钻孔与多个新发现的超镁铁质岩床相交。 该公司现已收到 Tantor 孔上半部的第一批分析结果，证实存在含有高含量镍、钒、铬和钛的超镁铁质基岩。 Wholley先生表示，这些以前未知的岩石将成为进一步勘探的对象，以评估它们是否具有经济潜力。 “最近的钻探结果令人鼓舞，证实了该项目中存在以前未知的超镁铁质岩石。” “这为 Tantor 矿区提供了一种额外的目标类型，也许更重要的是，为我们在 Shep 镍目标的概念模型提供了强有力的支持，”他说。 钻探计划公布 CGN透露，其即将在韦伯进行的反循环钻探计划最初将重点关注先前确定的高达 […]

By Colin Hay··1 min read

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