Perth, Australia (ABN Newswire) - Cervantes Corporation Limited (ASX:CVS) submit the financial report of the consolidated group for the half year ended 31 December 2018. The Company had planned a follow-up drilling programme at the Primrose Project targeting Gold, Nickel, Cobalt and Copper at depth. However, Mines Department approvals were delayed meaning drilling could not start in conjunction with the Albury Heath programme, allowing all programmes to be completed prior to the New Year and...
Perth, Australia (ABN Newswire) - Cervantes (ASX:CVS) wishes to announce the updating of the Mineral Resource for its 100% owned Albury Heath Mine deposit and plans for further exploration work in the Albury Heath Project area (see Figure 1 in link below). - Albury Heath Mine Inferred Resource increased to 35,500 ounces (uncut) and 23,740 ounces (with 17.95g/t gold top cut) - Cervantes' drilling establishes mineralised lode continuity - Gold grade variability makes it prudent to classify the...
Perth, Australia (ABN Newswire) - Cervantes Corporation Ltd (ASX:CVS) ("the Company" or "Cervantes") is pleased to provide the quarter activity report for December 2018. HIGHLIGHTS - Completion of a focused seven holes 440 metres drilling campaign at Albury Heath to test previously intersected bonanza grade gold zones, not previously known from historic drilling or mine workings o Drilling designed to test extent of two newly discovered gold zones: -- 2m @ 67.2 g/t from 27m in AHP116, incl 1m @...
Perth, Australia (ABN Newswire) - Cervantes Corporation Ltd (ASX:CVS) (Cervantes, the Company) is extremely pleased to welcome Oakajee Corporation Limited (ASX:OKJ) to the Payne's Find area. Oakajee recently announced the potential to earn into 80% of a number of tenements including Mining Leases and Exploration and Prospecting Licenses covering some 112 sq km, effectively surrounding Cervantes's "Primrose Project" in Payne's Find. Full details of Oakajee's acquisition, proposed exploration...
Perth, Australia (ABN Newswire) - Cervantes Corporation Limited (ASX:CVS) announces drill testing of gold zones at Albury Heath intersect impressive quartz lodes. - Focused drill testing of bonanza grade gold at Albury Heath completed - Seven holes for approximately 440 metres designed to test extent of two newly discovered gold zones: 2m @ 67.2 g/t from 27m in AHP116, incl 1m @ 129.3 g/t from 27m 5m @ 63.1 g/t from 32m in AHP134, incl 1m @ 202.8 g/t from 33m - Quartz lodes up to 26m downhole...
Perth, Australia (ABN Newswire) - Cervantes Corporation Ltd (ASX:CVS) "Cervantes" is pleased to announce the completion of the follow up Reverse Circulation (RC) drilling program at the Albury Heath project in Meekatharra. Earlier this year Cervantes had bonanza grade gold intersections in zones not previously known from historic drilling or mine workings and represent newly identified centres of mineralisation: - 2m @ 67.2 g/t from 27m in AHP116, incl 1m @ 129.3 g/t from 27m - 5m @ 63.1 g/t...
Perth, Australia (ABN Newswire) - Cervantes (ASX:CVS) is pleased to announce that an RC rig has been mobilised to the Albury Heath Prospect (P51/2937, to commence drilling of this exciting new project Figure 1) (see link below) to follow-up on bonanza grade gold intercepts obtained in the previous drilling campaign (see announcement on 16 May, 28 June, and 17 July, 2018). - RC rig mobilised to commence drilling at Albury Heath to test previously intersected bonanza grade gold zones: 2m @ 67.2...
Perth, Australia (ABN Newswire) - Cervantes Corporation Ltd (ASX:CVS) ("the Company" or "Cervantes") is pleased to provide the September quarter activity report. HIGHLIGHTS - Primrose Project acquisition finalised - Primrose AC sampling assay result released - significant results include (down hole length, true width not known), refer to 11 July 2018 release for additional details: o 1m @ 0.18% NICKEL from 2m in hole PM1 o 1m @ 0.16% COPPER from 1m in hole PS21 o 1m @ 1.285g/t GOLD from 1m in...
Perth, Australia (ABN Newswire) - Cervantes Corporation Limited (ASX:CVS) Directors present their report, together with the financial statements of the Group, being the Company and its controlled entity, for the year ended 30 June 2018. Principal Activities and Significant Change in Nature of Activities The principal activities of the Group during the financial year were the exploration and evaluation of mineral resource projects. There were no other significant changes in the nature of the...
Perth, Australia (ABN Newswire) - Cervantes Corporation Limited (ASX:CVS) is pleased to present to you, Notice of our Annual General meeting, and look forward to your attendance. In spite of the very difficult market conditions for junior companies in the exploration industry over the last few years, we believe Cervantes has had a very successful year in regards to prudent acquisition of assets, and the initial exploration on those assets. We have secured three very promising and strategically...
Perth, Australia (ABN Newswire) - Cervantes Corporation Ltd (ASX:CVS) (Cervantes, the Company) is pleased to announce a capital raising of $700,000 by way of a Prospectus as released today. The capital raising will be primarily for the purpose of providing additional funds for the imminent drilling of Cervantes 2 gold project areas in the Meekatharra and Payne's Find districts. The Albury Heath project in Meekatharra which delivered exceptional drill results of 2m @ 67.2 g/t ( 2oz) from 27m in...
Perth, Australia (ABN Newswire) - A field inspection by two Directors of Cervantes Corporation Limited (ASX:CVS) (Cervantes) of the Company's Primrose Project, centred on the Paynes Find Goldfield, was undertaken recently. The visit was prompted by discussions with Mr Doug Taylor, whose family are third generation miners in this historic and productive gold field. It was a prelude to finalising the exploration targets for the next drilling campaign that will be undertaken on the Company's...
Perth, Australia (ABN Newswire) - Cervantes Corporation Limited (ASX:CVS) announces Pansy Pit keeps giving Gold. HIGHLIGHTS: - Shallow gold mineralisation intercepted at the historic Pansy Pit - Significant gold intercepts include (down hole widths, true width unknown): (see link below) - Gold mineralisation is much more pervasive than indicated in historic drilling and not restricted to quartz veins - Total hole gold grade averages, reflect the auriferous nature of this area - Gold grades may...
Perth, Australia (ABN Newswire) - Cervantes Corporation Ltd (ASX:CVS) ("the Company" or "Cervantes") is pleased to provide the June quarter activity report. During the June quarter, the Company commenced and completed inaugural drilling programmes at both the Albury Heath and Primrose Projects and finalised the purchase of the Primrose Project from European Lithium Ltd (ASX:EUR). The final assay results received post 30 June 2018 for both drilling programmes, released 17 July and 24 July 2018,...
Perth, Australia (ABN Newswire) - Cervantes Corporation Limited (ASX:CVS) confirms more high grade gold at Albury Heath. - Significant gold intersections from the RC drilling at Albury Heath include (down hole length, true width not known): 17m @ 18.8 g/t from 77m in AHP139, incl 4m @ 52.3 g/t from 86m, 1m @ 14.1 g/t from 58m in AHP120 2m @ 7.0 g/t from 9m in AHP134, incl 1m @ 13.3 g/t from 10m 2m @ 3.2 g/t from 29m in AHP136 1m @ 15.2g/t from 46m in hole 135 8m @ 15.3 g/t from 87m in AHP135,...
Perth, Australia (ABN Newswire) - Cervantes Corporation Limited (ASX:CVS) announces focused AC sampling delivers gold targets at Primrose. - Regional air core sampling campaign completed and final assays received from Primrose Project - Gold zones mapped out over areas of the Primrose Shear never before tested - New gold and nickel drilling targets identified - Significant results include (down hole length, true width not known): o 1m at 1.285g/t gold from 1m in hole PS21 o 1m at 1.052g/t gold...
Perth, Australia (ABN Newswire) - As announced 21 December 2017, Cervantes Corporation Limited (ASX:CVS) (the Company) confirmed that the purchase of the Paynes Find Gold Project from European Lithium Limited (ASX:EUR) (EUR) (the Transaction) had settled. The total consideration in relation to the Transaction comprises $500,000 cash (of which $420,000 has been paid to date) and $500,000 in share consideration (paid). The parties have agreed to settle the remaining cash consideration payable of...
Perth, Australia (ABN Newswire) - Cervantes Corporation Limited (ASX:CVS) (Cervantes) has assessed Rotary Air Blast geochemical data from the Primrose Project (see Figure 1 in link below) collected by the previous tenement owners, European Lithium Limited. This drilling had been undertaken while that company was divesting the project area to Cervantes and has never been reported. - Shallow RAB drilling identifies significant nickel - cobalt mineralisation - Anomalous zones clearly identified...
Perth, Australia (ABN Newswire) - With the authorisation of the submitted Programmes of Work, Cervantes (ASX:CVS) has mobilised two drilling rigs to its Primrose Project (see Figure 1 in link below) to start drill testing of identified targets. HIGHLIGHTS - Drill testing of historic gold mineralisation in the Pansy Pit has started - The drilling aims to confirm, better define, and expand that gold mineralisation - Regional aircore (AC) drilling will be taken on select lines across the...