Each one in plain English, with the numbers worked through for a shareholder.
3 Nov 2014drilling result▲ GoodMajor
Final assays from the Inkheart/Blueys drilling extend silver-lead mineralisation to at least 500m of strike, best 3m at 198 g/t silver and 4.1% lead (IKRC016). It remains open along strike and at depth. Focus now shifts to Virginia and Copper Royals; further Inkheart work is to be considered in early 2015.
30 Oct 2014agm notice● Neutral
All seven resolutions passed at the 2014 AGM, including the election of Heath Hellewell, the director performance rights for him, and the 10% additional placement capacity. Administrative result only.
30 Oct 2014investor presentation● Neutral
AGM presentation repeats known results and plans: Inkheart drilling, copper targets ready to drill in Q4 2014, and the Jervois AEM survey. It shows about 134M shares and about $1.3M cash at 30 September 2014.
24 Oct 2014quarterly activities report● Neutral
September 2014 quarter report recaps the Inkheart/Blueys drilling (18 holes, 2,527m; best 268 g/t silver and 8% lead) and the Jervois AEM survey. Drilling approvals for Virginia and Copper Royals are still awaited. Shares on issue are 135.5M. Cash was not shown in the text provided.
21 Oct 2014drilling result▲ GoodMajor
First assays from the follow-up drilling at Inkheart extend the silver-lead zone, with best results 3m at 268 g/t silver and 8.0% lead and 6m at 95.6 g/t silver. Seven of nine holes reported had significant hits. Roughly half of the assays are still pending, due within two weeks.
15 Oct 2014drilling progress report▲ Good
Airborne EM surveys have started over the 20km Jervois prospective zone next to KGL's 25.3Mt copper resource, with preliminary results expected in 2-4 weeks. The 2,500m Inkheart/Blueys drilling is complete, with first assays due that week.
3 Oct 2014farm in farm out completion▲ GoodMajor
Core completed the purchase of the Albarta joint venture interests, issuing 10,000,000 shares for 14 granted tenements, half escrowed 6 months and half 12 months. Core now holds 100% of over 2,000km2. Registration of the tenements in Core's name is still to occur. The managing director also received 500,000 shares on vesting performance rights.
2 Oct 2014security holder rights change● Neutral
Letter to holders of 32,720,296 listed options (10c, expiring 31 October 2014). Exercising all would lift shares on issue to 157.7M and raise about $3.3M (inference from the numbers). The share closed at 6.6c on 1 October, below the 10c exercise price, and there is no underwriting.
25 Sept 2014annual report● Neutral
The 2014 annual report lists Heath Hellewell as a non-executive director and recaps the year's Albarta tenement purchase agreements and Jervois ground. The Chairman says an airborne EM program is planned within six months, with CSIRO help, and Fitton awaits a uranium price recovery. Financial figures were not in the text provided.
24 Sept 2014investor presentation● Neutral
Presentation at the Melbourne Resources Round-up conference repeats known facts: about 124M shares, about $1.6M cash at 22 August, RC drilling underway at Inkheart, and copper IP targets ready to drill. Albarta 100% is still shown subject to Ministerial approval.
22 Sept 2014other● Neutral
Announcement only says the Next Small Cap website published an updated article on Core. It carries no new company information.
18 Sept 2014drilling spud▲ Good
Core has started the 2,500m follow-up RC drilling at Inkheart and Blueys, the silver-lead-zinc discovery from June 2014. It is due to finish in 2-3 weeks, with assays expected in October. This starts the drilling flagged in August, slightly later than planned.
15 Sept 2014director officer appointment▲ Good
Geologist Heath Hellewell joins the board as an independent non-executive director. He co-founded Doray Minerals (Andy Well gold discovery) and was part of the Independence Group team behind Tropicana. He is co-winner of the 2014 'Prospector of the Year' award.
27 Aug 2014investor presentation● Neutral
August/September 2014 update presentation says drilling starts next week. It shows about 124M shares, about $1.6M cash at 22 August 2014 and a market cap near $7M. It repeats known results; Albarta 100% remains subject to ministerial approval.
20 Aug 2014regulatory community update▲ Good
Core defined a 20km prospective zone in the Jervois area, running through its four tenements (about 280km2) next to KGL's project. Soil surveys start this month, then airborne EM surveys, with first results expected October 2014.
15 Aug 2014capital raising announcement▲ GoodMajor
Core raised $1,000,000 via a placement of 18,181,818 shares at 5.5c, a 5% discount to the last close and a 2% premium to the 15-day VWAP. It funds Blueys/Inkheart, Virginia and Copper Queen drilling and Jervois exploration. Fees are 6%.
What it means for a shareholder
18.2m new shares at $0.055 to raise about $1.0m. 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.
13 Aug 2014drilling scheduled● Neutral
A 2,500m RC follow-up program at Inkheart/Blueys is set to start in the first week of September, taking about 3 weeks, with assays toward end-September. Copper drilling at Virginia and Copper Queen is to follow.
11 Aug 2014drilling result▲ Good
Mapping and sampling found copper outcrop up to 8.9% at the new Jay and Manny prospects, tied to a 2km magnetic feature in the Greater Paradise Well area. It adds drill targets; no drilling is reported.
5 Aug 2014regulatory community update▲ Good
All approvals are received to resume follow-up drilling at the Blueys and Inkheart silver-lead-zinc discovery. Drilling tenders are being assessed, and a start date is due within two weeks. This clears the Q3 follow-up drilling thread.
30 July 2014drilling result▲ Good
IP surveys found chargeable drill targets beneath surface copper at Copper Queen, where rock chips run up to 20% copper and 72.3 g/t gold. RC drilling there and at Virginia awaits approvals expected later this quarter.
24 July 2014quarterly activities report● Neutral
June 2014 quarter report recaps the maiden Blueys/Inkheart drilling (up to 1,070 g/t silver) and Virginia IP targets. Drilling approvals are lodged for a drill-focused phase this quarter. Shares on issue remain 106.8M; cash is not shown in the text provided.
22 July 2014regulatory community update▲ Good
Core began copper exploration on four 100%-owned Jervois-region tenements (about 280km2) after neighbour KGL hit 13m at 5.75% copper, 500m from Core's EL 29581. Soils and mapping are planned this quarter to find drill targets.
2 July 2014drilling result▲ Good
Rock chips at the new Selins copper prospect in Albarta assayed up to 13% copper, with 10 samples averaging 4.1%, along a 5km prospective trend. Follow-up mapping and geochemistry is planned to rank drill targets; no drilling yet.
1 July 2014director officer appointment● NeutralMajor
Colin Skidmore, formerly of Investigator Resources' Paris silver project, is appointed Exploration Manager. Michael Schwarz moves to non-executive director in July 2014, and Managing Director Stephen Biggins' consulting services are extended two years to July 2016.
30 June 2014admin correction● Neutral
7,000,000 unlisted director options (exercise price $0.2463) lapsed on 30 June 2014 and will not be exercised, with an updated Appendix 3B. Administrative only; no cash raised.
20 June 2014admin correction● Neutral
100,000 unlisted employee options (exercise price $0.1063, expiry 18 June 2014) lapsed, with an updated Appendix 3B. Administrative only.
17 June 2014drilling result▲ GoodMajor
Maiden drilling hit high-grade silver-lead: 1m at 1,070 g/t Ag and 8% Pb at Blueys, and a new discovery at Inkheart with 4m at 195 g/t Ag, 5.24% Pb, 2.49% Zn. 16 of 17 holes were anomalous. Follow-up drilling is planned for Q3 2014.
3 June 2014drilling result▲ Good
An IP survey found shallow chargeable targets, generally under 100m, below a 1km copper horizon at Virginia; 75 rock chips average 2.4% copper, up to 34%. Core plans drilling in Q3 2014 and applied for NT government co-funding. Blueys drilling is complete, with assays pending.
21 May 2014investor presentation● Neutral
May 2014 company presentation says Blueys assays are expected within weeks. It repeats known Albarta, Roxby, Fitton and Yerelina results. The 100% Albarta ownership is noted as subject to ministerial approval. No new data.
6 May 2014drilling spud▲ GoodMajor
Core's first NT drilling is underway at Blueys and Inkheart: 2,500m over 20 holes, expected to take 3-4 weeks. Assay results are expected over the next eight weeks. The targets have never been drill tested below 52m.
