Each one in plain English, with the numbers worked through for a shareholder.
1 Feb 2013drilling result▲ Good
December mapping samples at Wilclo South assayed up to 13.6% graphitic carbon, with graphite now traced ~3.5km. Lacroma had a sample at 23.9% but the graphite is fine-grained. Drilling starts mid-February, aiming for an inferred resource by mid-2013.
31 Jan 2013regulatory community update▲ Good
South Australian Government approved the Falcon option, so the Alliance can begin exploration on the two tenements. Landowner and Native Title approvals come next, then a gravity survey. The Algebuckina project now covers five tenements totalling 2,853km2.
21 Dec 2012drilling result▼ BadMajor
The seven-hole Punt Hill program (6,875m) finished mid-December. Beyond the 75m @ 0.2% Cu in MMDD01, the remaining holes found no extensive mineralisation; Monax turns to other areas. Wilclo South graphite extends to ~2.5km, with RC drilling planned for early 2013.
19 Dec 2012material agreement▲ GoodMajor
Monax Alliance signed an option to buy two Falcon Minerals tenements (Peake-Denison, northern SA) for US$25,000 upfront, then US$50k, US$75k and US$250k over three years, plus US$10m on a decision to mine. They join the first Designated Project; a gravity survey comes first.
19 Dec 2012material agreement● Neutral
Falcon Minerals' version of the same deal: it grants Monax Alliance an option over its Peak-Denison copper-gold project on the same terms (US$25,000 upfront, staged payments, US$10m on a decision to mine). Falcon calls the project non-core.
20 Nov 2012investor presentation● Neutral
Waddikee presentation covering graphite, manganese and iron on the ~1000km2 tenement. Manganese drilling includes 52m @ 21.2% Mn, but IP surveys failed to give good drill targets. Share price 5.1c. Largely repeats known facts.
14 Nov 2012investor presentation● Neutral
AGM presentation by the Managing Director repeating known facts: $2.9m cash at 30 September, Punt Hill 75m @ 0.2% Cu, graphite beneficiation testing under way at Waddikee. Share price 5.4c, market value $8.1m. Five Punt Hill holes done at that date.
18 Oct 2012drilling result▲ GoodMajor
First Punt Hill hole of the 2012 program (a re-entry of MMDD1) returned 75m @ 0.2% copper from 990m, including 10m @ 0.72% copper. Skarn alteration widens the prospective area. Four holes are done; the other three found no or weak mineralisation. Antofagasta funds the program.
17 Oct 2012material agreement termination▼ BadMajor
Monax Alliance withdrew from the ERO Northern Gawler Craton term sheet. Its gravity survey over the Welbourn Hill target found no suitable target for a large copper-gold body. This ends the thread opened on 10 September, with no farm-in.
17 Oct 2012joint venture update● Neutral
ERO Mining says Monax Alliance completed its roughly 900-station gravity survey and decided not to explore further, so ERO keeps 100% and will review the data itself. Third-party confirmation of Monax's withdrawal; the rest covers ERO's other projects.
17 Sept 2012annual report● Neutral
Annual financial report for the year to 30 June 2012. The portion provided is the directors' report and board details, including that Reg Nelson left the board on 1 August 2012. The financial figures are not in the text supplied.
12 Sept 2012drilling result▲ Good
Petrology and assays confirm coarse flake graphite at Wilclo South: a surface sample assayed 22.9% graphitic carbon and drill samples up to 29.9%. Monax plans 4-6 weeks of further testing before more drilling. This builds on the 29 August drill results.
10 Sept 2012joint venture update● Neutral
Marmota released the sample data tables behind its 10 September Melton calcrete results. It adds no new findings.
10 Sept 2012material agreement▲ GoodMajor
Monax Alliance, the Antofagasta-backed vehicle, signed a non-binding term sheet with ERO Mining for four months' exclusive due diligence on the Northern Gawler Craton copper-gold project, with a 900-station gravity survey planned. An 80% farm-in is possible but terms are not final.
10 Sept 2012material agreement● Neutral
ERO Mining's version of the non-binding term sheet giving Monax Alliance four months' exclusivity to assess its Northern Gawler Craton copper-gold project. A farm-in could follow: Monax Alliance would earn 80% by spending up to US$4m over three years (minimum US$400,000 firm commitment).
10 Sept 2012joint venture update● Neutral
Duplicate of the Marmota release of the same day carrying the calcrete sample data tables behind the Melton results. It adds no new findings.
10 Sept 2012joint venture update▲ Good
Marmota reports a 3.8km copper-gold-in-calcrete anomaly on its West Melton tenement, extending onto the Melton JV ground Monax shares 50:50 with Marmota. Follow-up sampling is planned, with aircore drilling after harvest. Third-party sampling result, not drilling.
29 Aug 2012drilling result▲ GoodMajor
Maiden Waddikee graphite drilling hit 15m @ 16.3% graphitic carbon and 9m @ 14.8% at Wilclo South, now the main focus. Lacroma gave 60m @ 6.6% (not considered economic). Balumbah, Cut Snake and Wilclo were weak, with no further work planned at Cut Snake or Wilclo.
20 Aug 2012drilling spud▲ GoodMajor
Diamond drilling began at Punt Hill under the Antofagasta farm-in, funded by its US$2.5m budget. Seven to eight holes are planned from 14 identified sites, testing a skarn system well over 10km long.
15 Aug 2012drilling progress report● Neutral
Monax finished its maiden Waddikee graphite drilling. The release's figure for total metres was garbled and was corrected in the amended version issued the same day. Assays were still pending.
15 Aug 2012admin correction● Neutral
Amended release fixing a garbled figure in the earlier announcement: 40 holes totalling 2,908m were completed at Waddikee, with graphite seen at all five prospects. No new information.
1 Aug 2012director officer appointment● Neutral
Non-executive director Reg Nelson resigned after nearly eight years on the board (since August 2004), citing his other commitments as Managing Director of Beach Energy. No replacement was named.
18 July 2012investor presentation● Neutral
July 2012 presentation repeating known projects and plans. It shows cash of $2.5m at 30 June 2012 and 149.5m shares on issue. Punt Hill drilling is planned for late August.
16 July 2012drilling result▲ Good
Petrology confirmed coarse flake graphite at Cut Snake, Wilclo and Wilclo South, with mean flake lengths of 0.5-0.8mm. Together with Argent and Balumbah, that makes five prospects with coarse flake graphite. Drilling is still under way.
11 July 2012drilling spud▲ GoodMajor
Monax began its first graphite drilling at Waddikee: about 58 holes totalling 4,700m across seven priority targets, expected to take about four weeks. A follow-up program is planned for late 2012 after the cropping season.
12 June 2012drilling result▲ Good
New surface sampling found more coarse flake graphite at Cut Snake and Wilclo on Waddikee, with samples sent for assay. Maiden graphite drilling is now planned for late July or early August, and landowners have approved the drilling plans.
4 June 2012joint venture update▼ Bad
OM Holdings says its manganese arm will focus Australian exploration on the Northern Territory and withdraw from South Australian farm-ins. For Monax, this signals the end of the OMM Waddikee earn-in; it is a third-party announcement.
4 June 2012farm in farm out completion● NeutralMajor
OM Manganese withdrew from the Waddikee farm-in without earning any interest, so Monax keeps 100% of the project. This ends the A$2m manganese/iron earn-in and leaves Monax free to pursue graphite and iron.
22 May 2012drilling result▲ Good
Further Waddikee rock samples assayed up to 19.84% carbon, and a new area north of Lacroma gave 13.94%. Re-assays of 136 manganese drill samples reached 3.45% carbon. Maiden graphite drilling is still being planned for later in 2012.
7 May 2012drilling result● Neutral
Waddikee drilling (45 holes, 2,306m) gave manganese up to 29% Mn in single metres at Polinga; Jamieson Tank best was 6m @ 12.4% Mn. No new thick high-grade body was reported, and graphite was hit in several holes.
