Each one in plain English, with the numbers worked through for a shareholder.
30 Sept 2013annual report● Neutral
2013 annual report for the year to 30 June 2013. The chairman says Fitton uranium work is halted until uranium prices recover, and Albarta (over 2,000km2) is now the key focus. Financial figures are not visible in the text provided.
27 Sept 2013drilling result▲ Good
Infill soils extended the Inkheart silver anomaly to over 2,000m, with new peaks of 18,241, 16,084 and 14,758ppb; it remains open. Blueys infill defines a 700m x 400m footprint. Geophysics analysis due late October, then IP survey; no drilling yet.
10 Sept 2013drilling result▲ GoodMajor
New surface rock chips at Blueys assayed up to 4,065 g/t silver, 5.5% copper and 25% lead, Core's highest silver grades yet. Samples came from stockpiled material. Infill soils due mid-September, IP geophysics next month; no drilling yet.
9 Sept 2013capital raising announcement● Neutral
Core issued the shortfall shares announced on 2 September, completing the rights issue. Exercise prices on six series of unlisted options were trimmed by 0.37 cents (e.g. 25c to 24.63c) from 16 September. Administrative follow-through.
2 Sept 2013capital raising announcement▲ GoodMajor
Core placed the rest of the rights issue shortfall, raising a further $550,354 before costs: 18,345,154 shares at $0.03, each with a free option (10c, expiring 31 Oct 2014). This completes the June 2013 raising and funds Albarta exploration.
What it means for a shareholder
18.3m new shares at $0.030 to raise about $550,354. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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29 Aug 2013investor presentation▲ GoodMajor
EL 29689, the last Albarta application, has been granted, so the 20-tenement, roughly 2,000km2 project is fully granted. The release comes with a presentation repeating known results; it targets drill-ready targets in Q4 2013. The grant ends the pending-licence thread.
13 Aug 2013other● Neutral
Notice of a Boardroom Radio interview with the Managing Director on the Virginia copper results of up to 34% Cu. No new results.
12 Aug 2013drilling result▲ Good
Core highlights the Virginia copper prospect on its EL 29689 application: a stratiform copper horizon over 1km, with historic rock chips typically 1-5% Cu and up to 34%. The data is from previous explorers; there has been no drilling or geophysics. Core plans fieldwork once the licence is granted.
1 Aug 2013other● Neutral
Notice of a Boardroom Radio interview with the Managing Director summarising the June quarterly report and outlook. No new information.
22 July 2013drilling result▲ Good
Soil sampling at Albarta's Blueys prospect found silver up to 25,250ppb, well above the 100ppb anomalous level. A new neighbouring Inkheart prospect peaked at 19,552ppb. Core takes this as a sign of mineralisation at depth; infill soils and mapping follow. No drilling yet.
9 July 2013capital raising announcement● NeutralMajor
The rights issue closed 4 July with 14,375,142 shares (about $431k at 3c) taken up or applied for, against a maximum of 32.7M. The remaining 18,345,154 shares and options can be placed within three months. Funds are subject to cleared funds.
What it means for a shareholder
14.4m new shares at $0.030 to raise about $431,000. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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3 July 2013other● Neutral
Notice of a Boardroom Radio interview with the Managing Director on recent Albarta copper results. No new results or figures.
2 July 2013drilling result▲ Good
Core reports a new Paradise Well South prospect, with two rock samples at 1.1% Cu, 2.5km south of the original find. Soil sampling shows kilometre-scale copper and silver anomalies. Follow-up mapping, soils and geophysics are planned; no drilling yet.
28 June 2013drilling result▲ GoodMajor
Core says its new 100%-owned application EL 29689 (310km2) hosts a large copper field, with a 5km copper soil anomaly. The rock chips of up to 14.3% Cu and 72.3 g/t Au are historic, from previous explorers. Core plans its first geophysics there in the September quarter.
19 June 2013capital raising announcement● Neutral
Core is mailing the rights issue prospectus, a supplementary prospectus lodged 19 June, and entitlement forms on 20 June. Terms are unchanged: about 32.7M shares at $0.03, first $360,000 underwritten. The supplementary's content is not visible in the text provided.
What it means for a shareholder
32.7m new shares at $0.030 to raise about $981,000. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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18 June 2013drilling result▲ Good
Mapping at Paradise Well in the Albarta project found a new copper-bearing (malachite) zone up to 10m wide and about 160m long, 100m from April's samples. Magnetite association suggests possible IOCG style. Rock chip and soil assays are due in coming weeks; no assay numbers yet.
13 June 2013capital raising announcement● Neutral
Rights to the 3-cent issue began trading on ASX (code CXOR) on 12 June, running to 27 June, so holders can sell or buy rights. The text puts the issue price at a 39% discount to the last trade of 4.9c. Administrative.
11 June 2013drilling result▲ Good
Core highlights copper-nickel-platinum group metal targets on its 100%-owned Mordor tenement in Albarta, mostly from earlier Rio Tinto work (30.4m @ 0.25% Cu at Braveheart). Core calls them 'walk-up' drill targets and says Mordor may suit a joint venture.
11 June 2013capital raising announcement● Neutral
Standard letter to eligible shareholders restating the 2-for-3 rights issue at 3 cents with a free 10c option (to 31 Oct 2014), up to about $0.98M, Patersons as underwriter. Funds go to Albarta targets and working capital. Closes 4 July; no new terms.
7 June 2013other● Neutral
Notice of a Boardroom Radio interview with the Managing Director on the rights issue and current NT and SA exploration. No new results or figures.
5 June 2013capital raising announcement● Neutral
Prospectus for the rights issue: about 32.7M new shares at $0.03 to raise up to about $981,609, with one free option per share. First $360,000 (12M shares) underwritten by Patersons; offer closes 4 July, new shares trade around 15 July. Detail of an already-announced raising.
What it means for a shareholder
32.7m new shares at $0.030 to raise about $981,609. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
5 June 2013capital raising announcement● NeutralMajor
Core launches a 2-for-3 renounceable rights issue at 3 cents per share to raise up to about $1m, a 38% discount to the last close, with a free 10c option attached. Underwritten to $360,000 by Patersons. Funds go to Albarta and Fitton target work.
5 June 2013listing compliance notice● Neutral
ASX lifts the trading suspension immediately after the rights issue announcement. Administrative; ends the suspension thread.
5 June 2013admin correction● Neutral
Compliance letter to optionholders: existing options carry no right to join the rights issue unless exercised before the 18 June record date. Exercise is not compulsory, and the letter notes the options are not in the money.
5 June 2013admin correction● Neutral
Letter telling shareholders with registered addresses outside Australia and New Zealand they are ineligible for the rights issue, citing small numbers and compliance cost. Administrative.
3 June 2013listing compliance notice● NeutralMajor
Core asked for a voluntary trading suspension from 3 June 2013 pending a capital raising announcement, to last until an announcement or 5 June at the latest. This starts a new capital raising thread.
13 May 2013other● Neutral
Notice of a Boardroom Radio interview with the Managing Director on the thick Fitton uranium intersections released the same day. No new results.
13 May 2013drilling result▲ GoodMajor
First assays from the second Fitton program confirm thick uranium at Scott Lee: 60m @ 482ppm U3O8 (including 4m @ 3,100ppm) in SLRC028, and 75m @ 268ppm in SLRC029. This backs up the earlier scintillometer readings; remaining assays are due late May.
30 Apr 2013investor presentation● Neutral
SAREIC conference slides on the Albarta IOCG project (20 tenements, over 2,000km2) and Yerelina, covering regional prospectivity and current soil, mapping and geophysics work. Background material; no new results shown in the text provided.
30 Apr 2013investor presentation● Neutral
Media release on a SAREIC conference talk by the exploration director, pitching Albarta (20 tenements, over 2,000km2) and Yerelina silver-lead-zinc as the two prime prospects. It repeats known surface results; no new data.
