Page 9 - IPO- Neat

IPos

company unveiled a maiden inferred Comment:
Besra Gold Inc resource of 15mt @ 11.3% manganese for Recently began drilling at its Reedy Creek
the LR1 prospect at Flanagan Bore, based project in NSW where historical intercepts
ASX: BEZ on historic drill data. A heritage survey was include 12.4m @ 1.13% copper from 33.2m
completed the same month, paving the within 48.1m @ 0.66% copper from 30.3m.
Listing date: October 8 way for drilling to extend the resource and The company also launched a geophysical
IPO amount: $10 million discover more manganese mineralisation survey over the P-47 and P-54 exploration
Share price range since listing: 9.5-22c across multiple targets. targets at the Sampson Tank project
Address: 45 Ventnor Ave, West Perth before year’s end. C29 hopes to have two
WA 6008 Burley Minerals Ltd exploration licence applications granted for
Tel: +61 8 6102 7133 the Torrens copper and uranium projects by
Q2 2022.
Website: besra.com ASX: BUR
Social media: @BesraGold Listing date: July 7 Cannon Resources Ltd
Email: info@besra.com IPO amount: $6 million
Key personnel: Andrew Worland (non- Share price range since listing: 16.5-41c ASX: CNR
executive chairman), Ray Shaw (chief Address: Level 3, 30 Richardson Street,
executive) West Perth WA 6005 Listing date: August 12
Focus: Gold, Malaysia Tel: +61 8 9322 6283 IPO amount: $6 million

Comment: Website: burleyminerals.com Share price range since listing: 23.5-66c
Address: Level 2, 87 Colin Street, West
Despite only joining the ASX last year, Email: info@burleyminerals.com Perth, WA 6005
Besra has spent more than $US40 million Key personnel: Bryan Dixon (non-
on exploration at the Bau gold project in executive chairman), Wayne Richards Tel: +61 8 9226 0044
Malaysia. Resources now total some 3.3 (chief executive), Gary Powell (technical Website: cannonres.com.au
moz gold from more than 250,000m of director) Social Media:
drilling and geophysical analysis. Work on Focus: Iron ore and base metals, WA Email: admin@cannonres.com.au
the project has been sparse since 2014. A
second rig was mobilised to Bau late last Comment: Key personnel: Trevor Benson (non-
year for the initial 3,000-4,000m diamond The company has the best of both worlds executive chairman), Stephen Lynn
drilling programme with the focus currently with its Yerecoin project near New Norcia. (chief executive), Alex Passmore (non-
on the Jugan sector before moving to the As well as an existing magnetite resource of executive director)
Pejiru and Bekajang prospects. 247mt @ 29.9% iron capable of producing Focus: Nickel, WA
a 68.1% iron concentrate, the project has Comment:
Black Canyon Ltd shown early potential for Julimar-style PGE- With Rox Resources Ltd now firmly focused
copper-nickel mineralisation which requires
on advancing the Youanmi gold project,
ASX: BCA follow-up work. Burley has launched into a Cannon is the new home for the Fisher East
PFS for the magnetite project and recently and Collurabbie nickel projects. A diamond
Listing date: May 5 appointed former Brockman Resources rig was mobilised to Fisher East upon listing
IPO amount: $5 million boss Wayne Richards as its new chief and the first three holes into the Musket
executive. Since listing, the company has
Share price range since listing: 18-36c also applied for three exploration licences in prospect returned very encouraging results,
including 14.94m @ 1.9% nickel from
Address: 283 Rokeby Road, Subiaco the Hamersley iron ore province. 366.15m and 5.81m @ 2.29% nickel from
WA 6008 584.35m. Subsequent drilling at Musket
Tel: +61 8 9426 0666 C29 Metals Ltd and the nearby Camelwood prospect
Website: blackcanyon.com.au has continued to extend the known nickel
Social media: ASX: C29 mineralisation beyond 100m.
Email: info@blackcanyon.com.au Listing date: November 3
Key personnel: Graham Ascough (non- IPO amount: $5 million Charger Metals NL
executive chairman), Brendan Cummins Share price range since listing: 16-22c
(executive director), Simon Taylor (non- ASX: CHR
executive director) Address: Suite 2, 1 Altona Street, West Listing date: July 9
Focus: Manganese, copper and cobalt, Perth WA 6005 IPO amount: $6 million
WA Tel: +61 8 6559 1792
Website: c29metals.com.au Share price range since listing: 19.5-91c
Comment: Social Media: @C29Metals Address: Unit 32, Level 3, 22 Railway
Established to explore and delineate Email: info@c29metals.com.au Road, Subiaco WA 6008
manganese, copper and cobalt targets Tel: +61 8 6146 5325
across the Pilbara, Black Canyon controls Key personnel: Mark Major (technical Website: chargermetals.com.au
more than 1,600sq km close to the director), David Lees (non-executive
operating Woodie Woodie manganese chairman) Social Media: @ChargerMetals
mine and Element 25 Ltd’s Butcherbird Focus: Copper in NSW, SA and WA Email: admin@chargermetals.com.au
development project. In October, the Key personnel: Terry Gardiner (non-

Page 36 FeBRUaRY 2022 aUSTRaLIa’S PaYDIRT