Each one in plain English, with the numbers worked through for a shareholder.
29 Apr 2013investor presentation● Neutral
Paydirt Uranium Conference presentation repeating the Fitton uranium discovery (5m @ 0.25% U3O8), recent scintillometer readings and Albarta copper results. Says assays from the second Fitton drill program are due in May. No new results.
Media release of the Managing Director's Paydirt conference address, restating Fitton's best 2012 results (5m @ 0.25%, 14m @ 0.10% U3O8) and drilling over 1km of strike. Assays from the new program are expected early May. No new results.
Re-assays confirm very high-grade surface samples at Blueys: up to 2.2 kg/t (2,200 g/t) silver and about 10% copper. This resolves the earlier over-limit silver readings. Soil surveys are under way to pick targets for Albarta's first drilling in 2013.
Reconnaissance mapping found copper at surface at the new Paradise Well prospect in Albarta, with a best sample of 1.6% copper, 2km from an earlier 3.8% copper sample. Magnetite association may suggest IOCG style. Soil sampling follows to prioritise drill targets.
Broker briefing in Perth repeating the Fitton uranium discovery, the new scintillometer results and Albarta copper results. It states 49M shares on issue and first Albarta drilling in Q3. No new information.
Follow-up drilling at Scott Lee shows strongly elevated radioactivity readings, including 77m averaging 442 cps. The Scott Lee structure is now drilled over 1km and is open below 150m depth. These are handheld readings, not assays; assays are due early May.
Westpac and associates' holding is unchanged at 2,859,722 shares, but their voting power fell from 6.84% to 5.83% because Core's issued shares increased. Administrative; no trades occurred.
Purchase of the Mordor tenement (EL 28940) in the NT is completed, with 1,000,000 shares issued as payment, as approved at the November 2012 AGM. This resolves the open Mordor thread; Albarta's first drilling is planned mid-2013.
Mapping and rock-chip sampling at the Yerelina tenement (EL 5015) found up to 567 g/t silver and 15.11% combined lead and zinc, with mineralisation more than 1km beyond old workings. Gravity surveys are under way to define drill targets. Surface results only.
A 2,500m RC drilling program has restarted at Fitton to test strike and depth extensions of the Scott Lee uranium discovery, plus Hamilton and the new western surface target. Assays are expected progressively through April.
First Core rock-chip sampling at Blueys, part of Albarta in the NT, returned over 1,500 g/t silver and up to 9% copper at surface. Silver exceeded standard assay limits and is being retested; drilling is targeted mid-2013. Early-stage surface results only.
Half-year to 31 December 2012: net loss of $886,175. The report restates the Fitton uranium discovery and the Albarta IOCG build-up, with follow-up Fitton drilling planned for March 2013. No new operational results.
New surface rock-chip sampling at Fitton found up to 1,412ppm (0.14%) U3O8, 300m west of the nearest Scott Lee drill hole, widening the known uranium area. It extends the discovery beyond the drilled zone; follow-up drilling is planned for March.
ASX granted a waiver allowing Core to issue 1,000,000 shares at $0.07 for the Mordor tenement (EL28940, NT) up to 13 May 2013, beyond the usual three-month limit. Ministerial consent for the transfer is expected in 4-6 weeks.
Notice of a Boardroom Radio interview with the Managing Director on the latest Fitton drilling results. The announcement itself carries no new results or figures.
First results from the 2km Hamilton target at Fitton, two kilometres from Scott Lee: best 3m @ 104ppm U3O8 and 7m @ 1,020ppm copper from four shallow holes. Modest grades, but the geology matches Scott Lee. More drilling is planned before end of March.
Notice that 8.5m unlisted options (25 cent exercise price, expiring June and October 2014) will be released from escrow on 11 February 2013. Administrative.
Remaining Scott Lee assays confirm the discovery, including a new broad 29m intersection at 0.01% U3O8, with mineralisation open both directions. Soil sampling is under way, and follow-up RC drilling at Scott Lee is planned before the end of March, subject to land access approval.
Notice that 11,930,444 restricted shares will be released from escrow in February 2013 (11.6m on 11 Feb, 330,444 on 14 Feb). Administrative; no new money or assets.
11 Dec 2012capital raising announcement● NeutralMajor
Core raised $500,000 by placing 6,250,000 shares at $0.08 to sophisticated, professional and institutional investors, deliberately the minimum needed to limit dilution. Funds go to follow-up drilling at Fitton, surveys ahead of 2013 drilling at Albarta, and working capital.
What it means for a shareholder
6.3m new shares at $0.080 to raise about $500,000. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Core requested a voluntary trading suspension pending an announcement on a share placement, expected by end of 11 December. It signals a capital raising is imminent.
December presentation repeating the Fitton uranium results (14m @ 0.10% U3O8, including 5m @ 0.25%), the Mt Gee comparison and Albarta IOCG story. It states 41.8M shares on issue. No new results.
Notice of a Boardroom Radio interview with the Managing Director on the Fitton uranium discovery. The announcement itself carries no new results or figures.
Core's first Fitton drilling hit uranium at Scott Lee, best 14m @ 0.10% U3O8 including 5m @ 0.25%, with mineralisation open in both directions. Only the highest-reading samples are reported; assays from 15 holes are due mid-December. Follow-up drilling is planned early 2013.
A Geoscience Australia report rates the area covering Core's Albarta project (2,000km2, NT) as highly prospective for uranium-rich IOCG deposits. It is a government prospectivity assessment, not a drill result; Core says exploration there began this month.
Notice of a Boardroom Radio interview with the Managing Director reviewing 2012 and updating the Fitton drill program. The announcement itself carries no new results or figures.
AGM presentation: about 2,000m of a ~2,500m RC program is done across 20 holes at Fitton, with no assays yet and first results expected late November. Albarta is now described as 20 tenements over 2,000km2, up from 16 and ~1,650km2.