Each one in plain English, with the numbers worked through for a shareholder.
26 Apr 2023drilling result▲ GoodMajor
Further Poochera assays confirm halloysite, including 11.4% over 16m from 25m (VM22-039) and 6.3% over 12m (VM22-017), adding to March results. More results await lab capacity; Stage 2 drilling is expected later in 2023.
17 Apr 2023drilling progress report● Neutral
Maiden Esker Lake drilling finished with 7 holes, fewer than the up to 12 planned. Core shows visible sulphides, but these are not assays; ALS assays are expected June 2023. Geophysics at three properties done, results due mid-May.
3 Apr 2023drilling spud▲ GoodMajor
Maiden diamond drilling began at Esker Lake, South Kitikmeot: up to 12 holes and 1,000m to test historic gold intercepts (e.g. 3m at 11.7g/t). Geophysics also planned on the other six properties. Follows the March approvals.
24 Mar 2023director officer appointment● Neutral
Shannon Robinson and Carly Terzanidis became joint Company Secretaries, replacing Ian Pamensky, who resigned. Administrative change; no operating or financial information given.
20 Mar 2023drilling result▲ GoodMajor
Surface rock samples at Smoky returned halloysite, peaking at 36.6% in raw material (VK-094), the first confirmation at the site since 1980s quarrying. Drill samples are now at the James Hutton Institute for assay; this is surface sampling, not drilling.
16 Mar 2023drilling result▲ GoodMajor
First halloysite confirmed at Poochera: 7.3% over 15m from 7m (VM22-019) and 8.9% over 14m (VM22-036), with local peaks to 18.9% over 2m. Also 90.4% kaolin over 31m. Resolves the earlier open question of halloysite; 39 more samples pending.
14 Mar 2023half year report● Neutral
Half-year to 31 December 2022: net loss $425,317, cash $3,161,008 (down from $3,906,774 in June), total liabilities $223,815, net assets $4,179,655. No revenue; no debt shown. Operations recap earlier announcements.
13 Mar 2023regulatory community update▲ GoodMajor
All approvals received for the maiden Esker Lake drilling at South Kitikmeot, up to 12 holes and 1,000m; camp construction began 5 March. Resolves the long-running permitting thread. Also reports first-stage Smoky drilling done: seven holes, 278m.
27 Feb 2023drilling spud● Neutral
Maiden aircore drilling has started at the 100%-owned Smoky halloysite project in NSW, up to 30 holes and 1,800m beside the historical halloysite quarry. A rig is on site; follows the November 2022 approval. Results to come.
23 Feb 2023admin correction● Neutral
Additional disclosure shows $2.05m spent since listing against a $5.26m budget, with exploration at $660k versus $2.5m budgeted. Company says it remains on track over the 24 months, given large exploration programs planned for early 2023.
13 Feb 2023director officer appointment● Neutral
Faheem Ahmed joined the board as non-executive director. Michael Melamed resigned as director but stays as Chief Financial Officer. Minor board change; Ahmed is to stand for election at the 2023 AGM.
25 Jan 2023quarterly activities report● Neutral
December 2022 quarterly recaps the completed 1,686m Poochera drilling, Smoky approval, and Stage 2 planning (2,000m). Company reviewed several potential acquisition opportunities. Further Poochera assays pending; no new results in the text shown.
30 Nov 2022agm notice● Neutral
Shareholders approved a new company constitution at the 30 November 2022 AGM. Administrative; details were in the earlier notice of meeting and no operating or financial information is given.
28 Nov 2022drilling result▲ GoodMajor
Scottish lab tests on 13 Poochera samples averaged 92% kaolinite and brightness 89 in the fine fraction; hole VM22-022 gave over 38m of mostly >90% kaolinite. No halloysite was detected in these samples. Confirms the visual logging; Stage 2 (~2,000m) still planned early 2023.
3 Nov 2022regulatory community update▲ Good
NSW regulator approved drilling at the Smoky halloysite project (EL8944, 6km2). A 1,800m, up to 30-hole aircore program is planned for early 2023, subject to rig availability. This resolves the Smoky approval thread from earlier quarters.
31 Oct 2022price query● Neutral
ASX temporarily paused trading in Viridis shares pending a further announcement. Same day as the Poochera kaolin drilling release; the text gives no reason.
31 Oct 2022admin correction● Neutral
Re-release of the 31 October Poochera kaolin announcement, amended to add a JORC Table 1 and related information. No change to the reported results.
31 Oct 2022drilling result▲ GoodMajor
Stage 1 Poochera drilling (55 holes, 1,686m) intersected kaolin over 30m thick in multiple holes at the newly named Philips Kaolin Deposit. Based on visual logging, not lab assays; 13 samples sent to Scotland to check for halloysite. Stage 2 (about 2,000m) planned early 2023; Smoky drilling slips to early 2023.
28 Oct 2022quarterly activities report● Neutral
September 2022 quarterly recaps the Poochera drilling start and Boddington West and Bindoon soil results. South Kitikmeot permitting advanced with land use and impact assessment applications; Smoky awaits REF approval. No new results beyond earlier announcements; cash figure not in text shown.
6 Oct 2022agm notice● Neutral
The 2022 AGM is set for 30 November 2022, with director nominations closing 13 October 2022. Notice of meeting is due in late October. Administrative notice.
28 Sept 2022drilling spud▲ GoodMajor
Maiden aircore drilling has started at the 100%-owned Poochera kaolin-halloysite project, planned at up to 60 holes for 3,000m, averaging 50m deep, taking about two weeks. This is the company's first drilling of its kaolin projects; assays to follow.
15 Sept 2022drilling result▲ Good
Bindoon soil sampling found gold up to 70 times background (14ppb vs 0.2ppb) at Swan Hills, plus elevated nickel, copper and palladium at Killcodey. Drilling is planned once tenements are granted; two of three tenements are still applications. Soil results only.
14 Sept 2022annual report● Neutral
Annual report to 30 June 2022: net loss $1,354,336 (including $852,567 share-based expense), cash $3,906,774, total liabilities $93,574, net assets $4,604,972. Confirms the $5m IPO and no debt.
14 Sept 2022annual report● Neutral
Corporate governance statement and Appendix 4G filed alongside the annual report. Compliance paperwork with no new operating or financial information.
13 Sept 2022drilling result▲ Good
Soil sampling (about 440 samples) at Boddington West found six gold anomalies; four tie to north-west faults parallel to those at the Boddington mine. Results are being used to generate drill targets; shallow drilling is proposed subject to tenement grant (still an application). Soil results only, no drilling.
24 Aug 2022regulatory community update▲ Good
South Australia approved the environmental program (EPEPR) for Poochera, clearing the way for the maiden 150-hole, 3,000m aircore drilling to start imminently, subject to rig availability. This resolves the approval thread from the June quarter; first stage expected to take about two weeks.
28 July 2022quarterly activities report● Neutral
June 2022 quarterly recaps the Esker Lake magnetic survey, Poochera licence grant, drill contractor appointment, Boddington West and Bindoon work, and Pervez becoming Executive Chairman. No new results in the text shown; Poochera drilling still awaits environmental approval.
29 June 2022drilling scheduled▲ GoodMajor
Jim McLeod Drilling is appointed for a 3,000m maiden aircore program at Poochera, expected in the September quarter subject to environmental approval. Smoky drilling follows straight after, subject to NSW approval. First drilling for the kaolin projects.
20 June 2022regulatory community update▲ Good
Reprocessed magnetic data indicates a north-west diorite trend running from the Boddington gold mine onto the company's Boddington West tenement. Surface sampling is complete at all three Bindoon tenements, with assays awaited. Follow-up geochemistry is planned at Boddington West. No assay results yet.
14 June 2022drilling result▲ GoodMajor
A ground magnetic survey (349 line-km) at Esker Lake, South Kitikmeot, suggests the gold-hosting iron formation may extend north-west, with a drill target identified. Drill planning has begun. The cited intercepts (3m @ 11.7g/t Au) are historic, not new. This delivers the Esker Lake work planned for May.
