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Exploration Geotechnical Shallow Multipurpose
Diamond Drilling Angle RC Drilling
Drilling Drilling

Almonty Industries Inc

ASX: AII

Listing date: August 2
IPO amount: $15.52 million
Share price range since listing:
84c-$1.08
Address: Suite 5700, 100 King Street
West, Toronto Canada M5X 1C7
Tel: +1 (647) 438-9766
Website: www.almonty.com
Social media: @Almonty_ (managing director, above), Beau
Email: info@almonty.com Alvo Minerals Ltd Nicholls (non-executive director)
Key personnel: Lewis Black (president Focus: Gold and base metals, Brazil
& CEO) ASX: ALV
Focus: Tungsten in South Korea, Spain Listing date: October 20 Comment:
and Portugal Seasoned geologists Rob Smakman and
IPO amount: $10 million Beau Nicholls have returned to Brazil with
Comment: Share price range since listing: 25.5-47c Alvo, which is the Portuguese word for “tar-
One of the world’s largest tungsten players Address: Level 4, 100 Albert Road, get”. The company’s flagship asset is the Pal-
quietly joined the ASX in August, comple- South Melbourne VIC 3205 ma VMS project which has been sporadically
menting its existing listing on the TSX. The Tel: +61 3 9692 7222 explored since the 1970s. Alvo last month
company already produces tungsten from two expanded its search area by 3,568ha after
mines in Spain and Portugal but the jewel in Website: www.alvo.com.au winning a Brazilian National Mining Agency
the crown is its future operation at Shandong Social media: @AlvoMinerals auction for two exploration permits adjacent to
in South Korea. First production is touted for Email: info@alvo.com.au its existing tenure. It comes after the company
Q4 2022 once final permits are received, after Key personnel: Graeme Slattery (non- initiated a fixed-loop EM survey late last year
which Almonty will account for about 30% of executive chairman), Rob Smakman and secured an additional diamond rig for its
the global tungsten production outside China. upcoming 10,000m drilling campaign.

Seismic Drilling Australia runs a highly experienced and efficient drilling
operation which caters for its’ clients’ needs, the safety and wellbeing of its
highly skilled workforce, and on delivering a service with low fuss and minimal
environmental impact.
Seismic Drilling Australia is Australia’s first indigenous owned and operated
multipurpose drilling contractor and a Supply Nation registered indigenous provider.
Phone: +61 8 9302 6777 Email: dm@seismicdrilling.com.au
Web: seismicdrilling.com.au

aUSTRaLIa’S PaYDIRT FeBRUaRY 2022 Page 31