Home » Posts tagged 'orpheus project'
Tag Archives: orpheus project
Dead whale found in Thailand with 17 pounds of plastic in its stomach – NBC News
/ Source: Reuters
Volunteers and marine veterinarians from Department of Marine and Coastal Resources attempted to rescue a sick male pilot whale in the coastal area of southern Thailand near the Malaysian border, May 28, 2018. ThaiWhales / AFP – Getty Images
BANGKOK — Some 80 pieces of plastic rubbish weighing 17 pounds were found in the stomach of a whale that died in Thailand after a five-day effort to save it, a marine official said on Sunday.
The pilot whale was discovered on Monday in a canal in the southern province of Songkhla and received treatment from a team of veterinarians.
The whale spit out five plastic bags on Friday and later died, the Marine and Coastal Resources Department said on its website.
An autopsy found another 80 bags and other plastic items weighing more than 17 pounds (8 kg) in the whale’s stomach.
“This plastic rubbish made the whale sick and unable to hunt for food,” the department said.
Jatuporn Buruspat, head of the department, said the whale probably thought the floating plastic bags were food.
Pilot whales mainly feed on squid, but are known to eat octopus and small fish when squid are not available, according to the American Cetacean Society, a whale conservation group.
Jatuporn said his department planned to raise public awareness of the problem on World Oceans Day on June 8.
“We will use the whale case and invite all sectors to show their intentions on how to reduce the use of plastic in Thailand,” he told Reuters.
Thais use huge numbers of plastic bags but authorities have launched campaigns to try to encourage people to use fewer and to introduce reusable bags.
Globally, eight million tons of plastic — bottles, packaging and other waste — are dumped into the ocean every year, killing marine life and entering the human food chain, the United Nations Environment Programme said in December.
Apollo Minerals $AON – Plans to list Fraser Range Nickel-Copper-Gold Assets
ASX RELEASE | 23 APRIL 2018 | ASX:AON
Plans to List Fraser Range Nickel-Copper-Gold Assets
Following the recent successful capital raising by Apollo Minerals Limited and its increased focus on its European tungsten and gold projects, the Company advises that it will seek to list its wholly owned subsidiary Constellation Resources Limited, which holds the Fraser Range nickel-copper and gold assets, via an initial public offering (“IPO”) on the Australian Securities Exchange (“ASX”).
Shareholders of Apollo Minerals with a registered address in Australia and holding at least 12,500 shares as at 10 May 2018 (“Record Date”) will receive a priority entitlement to subscribe for Constellation shares on a 1 for 5 basis. This date is indicative only and Constellation reserves its right to vary this date.
It is expected that Constellation will offer 35 million new shares at an issue price of A$0.20 each to raise A$7.0 million (before costs). Subscribers will also receive one free attaching listed option with an exercise price of A$0.20 expiring on 31 July 2021 (“Constellation Option“) for every three shares subscribed under the IPO.
As Apollo Minerals is now principally focussed on developing the Couflens Project in France and the adjacent Aurenere Project in Spain, it is taking steps to maximise the potential for its portfolio of projects outside of Europe.
The separate listing of Constellation will allow Apollo Minerals’ management to focus on its Couflens and Aurenere Projects. The listing will also ensure that Constellation will have a dedicated management team and funding for exploration activities on the Fraser Range nickel-copper and gold assets (which are also referred to as the Orpheus Project).
Detailed information on Constellation, the offer of securities under the IPO, the capital structure and an indicative timetable will be included in a prospectus that will be made available after lodgement with the Australian Securities and Investments Commission (“ASIC”). Investors should consider the prospectus (when available) in deciding whether to acquire Constellation securities. Applications for Constellation securities can only be made by completing the application form which will accompany the prospectus. Constellation expects to lodge a prospectus in the coming weeks.
For further information contact:
Hugo Schumann Robert Behets
Tel: +44 207 478 3900 Tel: +61 8 9322 6322
Email: info@apollominerals.com.au
About Apollo Minerals
Apollo Minerals Limited is developing the Couflens Project and the Aurenere Project which, when combined, cover a 97km2 area in a highly prospective region of the Pyrenees.
The Couflens Project in located in the Pyrenees region of southern France and comprises a 42km2 license area, within which lies the high grade historical Salau tungsten mine.
The mine was one of the world’s highest grade tungsten mines, producing approximately 930,000 tonnes at 1.5% WO3 for around 11,500 tonnes of WO3 in concentrate, prior to its closure in 1986 following the rapid fall in the tungsten price caused by Chinese dumping of tungsten into global markets.
Apollo Minerals is focussed on two parallel work programs at the Couflens Project:
(1) Brownfields activities within, and immediately adjacent to, the historical Salau tungsten mine. The deposit remains open at depth with previous drilling below the base of the existing underground development confirming continuation of the mineralised system. Both the underground development and infrastructure will be examined to determine the most efficient method to progress mine exploration, development activities and potential mine reactivation;
(2) Continuation of an aggressive regional exploration program, focused initially on gold. Recent field campaigns have returned grades of up to 24.5 g/t gold from rock chip samples. Exploration will be focused on the multiple fault structures recognised within the major granodiorite intrusion at Salau and the discovery of shear hosted gold mineralisation associated with large fault structures extending along a 5km corridor to the west of the Salau mine area.
Progress made with both work programs has enhanced the Company’s understanding of the geology and regional scale exploration potential of the area.
As a result, the Company has signed agreements to acquire the remaining 20% of the Couflens Project, which will increase its ownership to 100%, and to acquire a 75% interest in the Aurenere tungsten-gold project in the Lleida province in northern Spain.
The Aurenere Project comprises an Investigation Permit under application which covers an area of 55km2, along strike from and adjacent to, the Company’s Couflens Project. The Aurenere Project hosts an extension of the highly prospective corridor for tungsten and gold which strikes east-west through the Couflens Project and into the Aurenere Project area.
Apollo Minerals is developing its Projects in accordance with the highest standards of environmental, social, health and safety, and economic management.
All work programs are carried out with a strong commitment to both sustainable development and proactive stakeholder engagement as the Company seeks to develop and maintain positive relationships with its host communities and stakeholders.
Competent Persons Statement
The information in this report that relates to Exploration Results is extracted from announcements on 29 November 2017, 5 February 2018 and 27 March 2018. These announcements are available to view on www.apollominerals.com.au. The information in the original announcements that related to Exploration Results were based on, and fairly represents, information compiled by Mr Robert Behets, a Competent Person who is a Fellow of The Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists. Mr Behets is a holder of shares and options in, and is a director of, Apollo Minerals Limited. Mr Behets has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement.
Apollo Minerals #AON – Completion of Institutional Placement
Apollo Minerals Limited is pleased to advise that it has completed its previously announced placement of 26.1 million shares to Institutional Investors to raise A$6.0 million before costs.
The placement was made to leading European institutions including one of the world’s largest mining funds.
Proceeds from the placement will be used to accelerate planned exploration programs including drilling and feasibility work at the Company’s Couflens Project in France, progressing the adjacent Aurenere Project in neighbouring Spain and general working capital.
The placement was managed by Tamesis Partners LLP in London.
As a result of its increasing focus on the Couflens and Aurenere projects in the Pyrenees, the Company is looking to rationalise its portfolio of projects outside of Europe, which may include the spin off or sale of non-core projects including the Orpheus Project in the Fraser Range Province of Western Australia.
For further information contact:
Hugo Schumann Robert Behets
Tel: +44 207 478 3900 Tel: +61 8 9322 6322
Email: info@apollominerals.com.au