Page 26 - IPO- Neat

main Dianne orebody, confirming the
QMines Ltd Resource Base Ltd polymetallic nature of the project and
completing an IP survey, reinforcing
ASX: POL ASX: RBX the belief that there is further untested
sulphide mineralisation on the project.
Listing date: May 6 Listing date: July 2
IPO amount: $11.5 million IPO amount: $5.5 million
Share price range since listing: 25-66.5c Share price range since listing: 15.5-31c Ronin Resources Ltd
Address: Suite J, 34 Suakin Drive, Address: Suite 5, 62 Ord Street, West ASX: RON
Mosman NSW 2088 Perth, WA 6005
Tel: +61 2 8915 6241 Tel: +61 8 9322 1587 Listing date: December 16
Website: qmines.com.au Website: resourcebase.com.au IPO amount: $5 million
Social Media: @qminesL Social Media: @ResourceBaseLtd Share price range since listing: 16.5-23c
Email: info@qmines.com.au Email: info@resourcebase.com.au Address: L21, 459 Collins St, Melbourne
VIC 3000
Key personnel: Andrew Sparke Key personnel: Shannon Green
(executive chairman), James Anderson (executive chairman) John Lewis Tel: +61 3 8630 3321
(general manager – operations) (executive director) Website: roninresources.com.au
Focus: Gold, copper, QLD Focus: Copper, NSW Social Media:
Comment: Comment: Email: admin@roninresources.com.au
The undoubted flagship among the Although it listed with a suite of copper- Key personnel: Joseph van den Elsen
company’s Queensland portfolio is Mt gold targets in Victoria, Resource Base (executive chairman), Wilson Casteneda
Chalmers near Rockhampton where had always declared itself on the lookout (director)
the company has an existing inferred for other highly prospective projects. Focus: Coal, gold, copper, Colombia
resource of 3.9mt @ 1.87% copper The company believes it may have
equivalent, as well as numerous found one in the Mitre Hill project in the Comment:
exploration targets around the historical Murray Basin across the Victorian-South Led by dual Australian-Colombian citizen
mine. In December, QMines announced Australia border. The main target at Mitre van den Elsen, Ronin has two project
an increased resource of 5.8mt @ 1.7% Hill is ionic clay-hosted rare earths of the in northern Colombia Vetas – near the
copper equivalent with a further upgrade type rarely seen outside of China. The Venezuelan border – and Santa Rosa
expected in the first half of 2022. Mitre Hill ELAs sit either side of Australian but they are largely shrouded in mystery
Rare Earths Ltd’s Red Tail and Yellow Tail with no commodities or exploration plans
deposits which already boast a JORC mentioned on the company’s website.
Recharge Metals Ltd 2012-compliant resource.

ASX: REC Rubix Resources Ltd
Revolver Resources Holdings Ltd
Listing date: October 11 ASX: RB6
IPO amount: $5 million ASX: RRR Listing date: December 23
Share price range since listing: 14.5-22.5c Listing date: September 23 IPO amount: $4.5 million
Address: L11 London House, 216 St IPO amount: $12.7 million Share price range since listing: 15.5-27c
Georges Tce, Perth WA 6000 Share price range since listing: 22-63c Address: L11, 216 St Georges Tce, Perth
Tel: +61 8 9481 0389 Address: L23, 240 Queen St, Brisbane, WA 6000
Website: rechargemetals.com.au QLD 4000 Tel: +61 8 9481 0389
Social Media: @RechargeMetals Tel: +61 7 3016 5000 Website: rubixresources.com.au
Email: brettw@rechargemetals.com.au Website: revolverresources.com.au Email: contact@rubixresources.com.au
Key personnel: Brett Wallace (managing Social Media: @RevolverRes Key personnel: Eddie King (executive
director), Simon Andrew (chairman) Email: hello@revolverresources.com.au chairman), Colin Locke (director)
Focus: Copper, WA Key personnel: Pat Williams (managing Focus: Copper, nickel, PGE, zinc, gold,
Comment: director), Paul McKenna (executive QLD, WA
Recharge got to work immediately after chairman) Comment:
listing, launching a four-hole RC drilling Another to beat the pre-Christmas rush to
programme on its Brandy Hill South copper Focus: Copper, NSW market, Rubix has a portfolio split between
project in the Murchison during November. Comment: Queensland and WA. In Queensland, the
While assays from that programme were Revolver’s goal of reviving the prolific main focus is Paperback 25km east of the
still in the lab at the time of print, they did Dianne copper mine in Far North Century base metal mine. Century-style
show visible copper mineralisation and the Queensland is on track with geophysical stratiform mineralisation is the target for
company had already returned to drilling surveys and drilling proving equally Rubix but the company also plans to test for
with a second campaign of 15 RC holes successful during 2021. In December, MVT-style mineralisation as well. In WA, it
beginning in December. managing director Pat Williams told the has ELAs adjacent to the Lake Johnstone
market the company was delivering on nickel complex and at Collurabbie North
all its prospectus commitments including 220km east of Wiluna.
completion an initial resource for the

aUSTRaLIa’S PaYDIRT FeBRUaRY 2022 Page 53