AX8 Raises $2M to Advance Gold and Manganese Projects
Filed with ASX · · 4 pages · English
Summary by 6ix AI
The funds will be allocated to advance exploration at the Balagundi Gold Project and the Woodie Woodie North Manganese Project, with various drilling campaigns planned. The first tranche of the placement will settle soon, while the second tranche requires shareholder approval at an upcoming meeting. The company anticipates a consistent flow of exploration results throughout the year to enhance its project portfolio value.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Accelerate Resources Ltd. on 6ix
In the deck
Story so far
Earlier from Accelerate Resources
- AX8 Expands Balagundi and Divests Kanowna East
- Second New Gold Discovery at Balagundi
- High-Grade Manganese Hits Strengthen Woodie Woodie North
- Paris Gift Delivers 13m at 1.25 g/t Au from Surface
- Drilling Commences at Fluffy Gold Prospect
Later from Accelerate Resources
- Follow up Drilling Commences at Spencers Gold Discovery
- Strong Shallow Gold Hits from Fluffy Aircore Drilling
- Quarterly Activities/Appendix 5B Cash Flow Report
- Gravity Confirms Structural Controls on High-Grade Manganese
- Multiple Manganese Outcrops Mapped with Grades to 58.4% Mn
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