Past year: ▼ 35%(5.30c – 8.90c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
14 July 2016drilling result▲ GoodMajor
Diamond core assays at Siviour confirm shallow, high-grade graphite, up to 20.5% TGC, including 27m at 13.3% (SIV035). Hole SIV034 in the Inferred zone graded above the resource average of 6.9%, suggesting a possible upgrade. Follows the June diamond program whose assays were pending.
22 June 2016farm in farm out completion▲ GoodMajor
Renascor completed its $400,000 earn-in for 20% of Eyre Peninsula Minerals and exercised the option for a further 29% via 38.67m shares, taking it to 49% subject to the 30 June meeting. A final 51% option, about $2.04m of shares plus 15m options, runs to 21 Dec 2016.
7 June 2016drilling result▲ Good
Diamond program finished: four holes, about 225m, in Siviour's Indicated and Inferred zones, each hitting substantial graphite. No assay numbers yet; due later this month. Core will feed metallurgical tests and may support a resource upgrade.
19 May 2016drilling spud● Neutral
Large-diameter diamond drilling began at Siviour, up to 400m, to get core for metallurgical testing and twin existing holes. Finishes in about two weeks, assays two to three weeks later. Reverse circulation expansion drilling follows next month.
5 May 2016drilling scheduled▲ GoodMajor
Large-diameter diamond core drilling at Siviour to start this month for metallurgical samples, plus resource expansion drilling. Renascor plans to lift its Eyre Peninsula Minerals stake to 49% next month by issuing 38.67m shares, subject to shareholder approval. Scoping study still due next quarter.
3 May 2016drilling result▲ Good
Review of 2010 AngloGold soil samples at Munglinup found a 4km lithium-anomalous trend at the Young River prospect, peak 74.9 ppm. Renascor plans more sampling and mapping. A new, early-stage lithium thread alongside the graphite focus; no drilling yet.
17 Mar 2016resource reserve update▲ GoodMajor
Maiden JORC resource for Siviour, Arno: 16.8Mt at 7.4% TGC for 1,243,200t contained graphite, including 5.9Mt at 10.0% TGC at an 8% cut-off. Company calls it Australia's largest reported graphite resource. Resolves the resource thread; a scoping study is expected in the third quarter.
11 Mar 2016drilling result▲ Good
Microscope work on drill samples from four Siviour holes found over 80% of the graphite flakes in the large to super-jumbo size categories, with flakes up to 1,600µm. A maiden JORC resource, being prepared by Optiro, is expected within a week. No processing tests on Siviour yet.
25 Feb 2016drilling result▲ GoodMajor
Final assays from the 24-hole program found graphite at Siviour West (23m at 8.0% TGC) and Paxtons (27m at 7.8% TGC). Company says the zone may extend over 3km east-west. Next stage planned: more drilling and metallurgical testing to assess resource potential.
16 Feb 2016drilling result▲ Good
Five more Siviour holes hit thick, shallow graphite, including 27m at 13.0% TGC (Siv018) and up to 22.9% TGC. Confirms high-grade graphite at least 600m west of the original traverse, still open. Continues the February results; five holes still awaiting assay.
10 Feb 2016drilling result▲ GoodMajor
First assays from the 24-hole Arno program, which began in January: 10 holes at Siviour hit shallow graphite, best 19m at 14.8% TGC from 12m (Siv014). Suggests a flat-lying body over 600m strike, which the company says looks unique in the Eyre Peninsula. Remaining assays due in 2-3 weeks.
6 Jan 2016drilling scheduled▲ Good
Drilling to start the following week at Arno, with up to 3,000m planned in the first quarter of 2016. It begins with about 1,000m testing the Siviour zone west of earlier holes. All approvals are received and a rig is contracted. Follows the December acquisition.
26 Oct 2015drilling scheduled▲ Good
Survey data at the newly acquired Munglinup project identified two large conductors, Shiraz (over 2 km long) and Pinot, along strike from the Halbert's deposit (1.47Mt at 18.2%). Drilling is expected later this quarter, helped by the $140,000 grant. These are targets, not a resource.
4 Sept 2015drilling result● Neutral
Assay results show anomalous copper at Extension Tank, which the company says is likely a mafic volcanic sequence causing the gravity and magnetic features. Two holes to the east returned strongly anomalous lead, zinc and copper in the Angle Dam fault. An induced polarisation survey is planned.
3 Aug 2015drilling result▼ BadMajor
Nine-hole, 1,609m program at Extension Tank found mafic meta-basalts with red-rock alteration but only low-level sulphides in the main anomalies. The company downgraded Extension Tank in its pipeline, a setback for the prospect; assays are due in three to four weeks.
1 July 2015drilling scheduled● Neutral
A rig is mobilised for a roughly 1,500m reverse circulation and diamond program at Extension Tank, starting early the following week and finishing mid to late July. Funded by the recent raising and the PACE grant. This is the follow-up drilling long flagged.
28 Jan 2015drilling result▲ GoodMajor
Final assays confirm the first Extension Tank hole hit 8m at 0.45% copper from 64m with hematite; the second hole, 300m north, found 42m of hematite alteration with trace copper sulphide. Both tested only the upper part of the 6 MGal gravity target; follow-up drilling due this quarter.
3 Dec 2014drilling result▲ GoodMajor
First drilling at Extension Tank found visible sulphide including chalcopyrite over 8 m from 64 m, and 42 m of hematite alteration in a second hole 300 m north. Management calls it a possible iron-oxide copper-gold system; assays due in two to three weeks.
13 Nov 2014drilling scheduled● Neutral
Rig mobilised for up to 1,000 m of reverse circulation drilling starting next week, first testing Extension Tank, Nilginee and Knights plus follow-up at 1050 East. Assays are expected in early December. Carries out the plan flagged in September.
29 Sept 2014drilling result▲ Good
Two diamond holes at 1050 East show visible copper sulphide (chalcopyrite) down-dip of the earlier 13m at 1.45% Cu hit, e.g. about 228-235 m and 244-267 m in EEDD027. Assays are pending, expected in three to four weeks; visual results only.
21 Aug 2014drilling scheduled● NeutralMajor
Rig mobilised for up to 1,000 m of diamond drilling at 1050 East, starting next week, to test for thicker massive sulphides below earlier hits. Soil sampling along the fault also starts. Resumes drilling after the earlier EM work.
12 Aug 2014drilling result▲ Good
Lab assays upgrade earlier XRF readings: 26m at 0.10% Cu from 92m (EERC017), and 6m at 0.52% Cu at the Quandong prospect about 2 km southwest. Shows a copper halo beside the massive sulphides; still low grade. Drilling to restart this month.
23 July 2014drilling progress report● Neutral
Moving loop EM survey started at 1050 East and at 1050 South, about 2 km south, to target massive sulphide extensions. Expected to finish within two weeks, with drilling later this quarter. Carries out the plan from 8 July; no results yet.
8 July 2014drilling scheduled● Neutral
New exploration phase: a ground EM survey at 1050 East and soil sampling over more than 10 km of the Angle Dam fault, with drilling due to restart later this quarter. Builds on the 8m at 2.2% Cu intercept; no new results.
17 June 2014drilling result● NeutralMajor
Nine shallow holes east of the high-grade zone found only low-grade copper over 1,200 m, based on field XRF readings (e.g. 38m at 507 ppm Cu). Management says the intercepts are not economic. Next drilling targets porphyry to the south and massive sulphides.
22 May 2014drilling spud● Neutral
Rig mobilised for the planned 1,500 m reverse circulation program at 1050 East, due to start early next week, first testing the shallow eastern IP zone. Finishes early June, assays three to four weeks later. Starts the drilling flagged in April.
30 Apr 2014drilling scheduled▲ Good
Drill contract signed for about 1,500 m of reverse circulation drilling at 1050 East, starting next month, first testing the shallow eastern IP zone. Additional copper anomalies were identified along strike. Follows the March IP result; no new assays.
6 Mar 2014drilling scheduled▲ GoodMajor
A detailed IP survey shows a shallow sulphide zone east of the 1050 East copper hits, about 1,400 m by 400 m, under 40 m deep and 40-70 m thick. Drilling of near-surface copper targets is planned this month, aiming at a possible open-pit resource.
21 Jan 2014drilling result▲ GoodMajor
Assays confirm high-grade copper at 1050 East: 13 m at 1.45% Cu, 66 ppm Ag and 0.17% Co in EEDD012, including 8 m at 2.2% Cu. All five holes on the main section hit, open in all directions. Next-stage drilling is being planned.
18 Dec 2013drilling result▲ GoodMajor
Diamond hole EEDD012 hit 8 m of massive sulphide with chalcopyrite (assays pending); EEDD008 assayed 14 m at 0.61% Cu. Sulphide is now shown over at least 150 m east-west, open north and south. Full assays are expected mid-January.
