Page 28 - pd290-Feb21-mag-web

IPos

Address: Level 12, 197 St Georges was returning to market to raise $7.5 mil-
Desert Metals Ltd Terrace, Perth, WA 6000 lion to fund the acquisition of an operating
ASX: DM1 Tel: +61 8 9322 3383 gold mine and plant in Victoria owned by
Centennial Mining Ltd. The deal will deliver
Website: www.errawarra.com Kaiser the A1 gold mine as well as the Mal-
Listing date: December 18 Social: @AuNiCuWA don project. In parallel, Kaiser will continue
IPO amount: $5 million Email: info@errawarra.com with exploration on its Stuart Town gold
Share price range since listing: 50-71c Key personnel: Markus Bachmann project in NSW.
Address: Level 2, 41-43 Ord Street, West (non-executive chairman), Damian Hicks
Perth, WA 6005 (chief executive) Kingfisher Mining Ltd
Tel: +61 8 6458 4200 Focus: Gold, nickel and copper,
Website: www.desertmetals.com.au Western Australia ASX: KFM
Email: admin@desertmetals.com.au Comment: Listing date: December 11
Key personnel: Mark Stewart Errawarra completed the acquisition of the IPO amount: $6 million
(chairman), Robert Stuart (managing historic Binti Binti/Gindalbie goldfield in January,
director) which adjoins the company’s Binti Binti project. Share price range since listing: 25-33c
Approvals are being sought for the company
Focus: Nickel, Western Australia to restart drilling soon after an initial aircore Address: Level 11, London House, 216
Comment: programme was completed at Binti Binti, north- St Georges Terrace, Perth, WA 6000
Desert will start 2021 by targeting the strong east of Kalgoorlie, in December. In addition to Tel: +61 8 9481 0389
conductors in ultramafic rocks identified at the Binti Binti, nickel-copper in the Fraser Range Website: www.kingfishermining.com.au
Irridia Hill and Innouendy prospects, north- and gold, nickel and copper, 200km west of Social: @KingfisherASX
west margin of the Yilgarn Craton, with drilling Meekatharra, are areas of focus for Errawarra. Email: info@kingfishermining.com.au
in Q1. The company received a WA Govern-
ment $150,000 EIS co-funded drilling grant. Key personnel: Warren Hallam (non-
executive chairman), James Farrell
(chief executive)
Duke Exploration Ltd Focus: Gold, copper-gold in WA

ASX: DEX Comment:
With a board and management team
Listing date: November 10 well versed in the WA exploration sector,
IPO amount: $8 million Kingfisher has the look of the classic junior
explorer. Its four projects, Boolaloo (Ash-
Share price range since listing: 25.5-51c burton district), Kingfisher, Mick Well and
Address: Level 2, 400 Queen Street, Arthur River (all Gascoyne) are prospec-
Brisbane, QLD 4000 tive for gold and copper with the Boolaloo
Tel: +61 418 757 364 Listing with ground in NSW’s Lachlan in particular only 35km south-west of the
Fold Belt, Kaiser added significant
Website: www.duke-exploration.com.au interest in the Victorian gold sector Paulsens gold mine which Northern Star
Resources Ltd built its reputation on.
Email: md@duke-exploration.com.au in 2020
Key personnel: Tokorangi Thomas
Kapea (chairman), Eugene Iliescu Manuka Resources Ltd
(managing director) ASX: MKR
Focus: Copper, silver and gold, Kaiser Reef Ltd
Queensland and New South Wales ASX: KAU Listing date: July 14
Comment: IPO amount: $7 million
The company has interests in five drill-ready Listing date: February 28 Share price range since listing: 22-71c
projects in Queensland and New South Wales, IPO amount: $4.5 million
with the Bundarra copper, silver and gold Share price range since listing: 13-42c Address: Grafton Bond Building, 201-
porphyry the flagship asset. Bundarra, 145km 207 Kent Street, Sydney, NSW 2000
south-west of Mackay, central Queensland, is Address: Level 11, London House, St Tel: +61 412 268 114
considered the most advanced mine develop- Georges Terrace, Perth, WA 6000 Website: www.manukaresources.com.au
ment opportunity in the portfolio given the pres- Tel: +61 8 9481 0389 Social: @ManukaResources
ence of 47 copper, silver and gold prospects Website: www.kaiserreef.com.au
with historic underground and surface mining. Email: admin@manukaresources.com.au
Email: admin@kaiserreef.com.au Key personnel: Dennis Karp (executive
Key personnel: Adrian Byass (non- chairman), Anthony McPaul (non-
Errawarra Resources Ltd executive chairman), Jonathan Downes executive director), Nick Lindsay (non-
(managing director) executive director)
ASX: ERW
Focus: Gold, Victoria and New South Focus: Gold and silver, New South Wales
Listing date: December 14 Wales Comment:
IPO amount: $6 million Comment: The first resources IPO since the onset of
Share price range since listing: 20-25c Just months after starting its maiden drilling the coronavirus pandemic, Manuka has
campaign on the Lachlan Fold Belt, Kaiser since raised a further $7 million to underpin

Page 28 FeBRUaRY 2021 aUSTRaLIa’S PaYDIRT