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Prospech Ltd Rincon Resources Ltd

ASX: PRS ASX: RCR
Listing date: December 4 Listing date: December 21
IPO amount: $5 million IPO amount: $6 million
Share price range since listing: 20.5-25c Share price range since listing: 27-43.5c
Address: Level 2, 66 Hunter Street, Address: Suite 1, 295 Rokeby Road,
Sydney, NSW 2000 Subiaco, WA 6008
Tel: +61 2 9300 3333 Tel: +61 9 6555 2950
Website: www.prospech.com.au Website: www.rinconresources.com.au
Email: info@prospech.com.au Email: info@rinconresources.com.au
Key personnel: Thomas Mann (non- Key personnel: Geoff McNamara
executive chairman), Jason Beckton (chairman), Zeff Reeves (non-executive
(managing director) director)
Focus: Gold, base metals, Slovakia Focus: Gold, WA
Comment: Comment:
Immediate success has been reported from The team behind the successful Tesoro
Bauch at the Hodrusa Homre exploration Resources Ltd has turned some of its atten-
licence, with diamond drilling intersecting tion to a suite of largely brownfields assets
12.8 g/t gold and 380 g/t silver from 89.1m in WA. The lead project is South Telfer
to 90.1m downhole. Individual assays up in the Paterson province, WA where the
to 17.2 g/t gold and 494 g/t silver were also company has picked up 540sq km covering
reported, with the company indicating that 40km of strike. Its second project comprises
sulphide mineralisation is potentially amena- ground around the Laverton township, while
ble to flotation processing. Kiwirrkurra in the West Arunta represents
Zeff Reeves the greenfields component of the portfolio.

Siren Gold Ltd WA Kaolin Ltd Westar Resources

ASX: SNG ASX: WAK ASX: WSR
Listing date: October 7 Listing date: November 26 Listing date: December 17
IPO amount: $10 million IPO amount: $22 million IPO amount: $5 million
Share price range since listing: 34.5-86c Share price range since listing: 17.5-32c Share price range since listing: 22-25.5c
Address: Suite 1, 295 Rokeby Road, Address: 3 Ward Road, Rockingham, Address: Level 3, 37 St Georges Terrace,
Subiaco, WA 6008 WA 6168 Perth, WA 6000
Tel: +61 8 6555 2950 Tel: +61 8 9439 6300 Tel: +61 8 6188 7675
Website: www.sirengold.com.au Website: www.wakaolin.com.au Website: www.westar.net.au
Email: admin@sirengold.com.au Social media: @WAKaolin Email: admin@westar.net.au
Key personnel: Brian Rodan (chairman), Email: asorensen@wakaolin.com.au Key personnel: Karl Jupp (managing
Paul Angus (technical director) Key personnel: John White (non- director), Simon Eley (non-executive
Focus: Gold, New Zealand executive chairman), Alf Baker chairman)
Comment: (executive director), Andrew Sorensen Focus: Gold, Western Australia
Visible gold was reported at Big River within (chief executive) Comment:
the Reefton Goldfield where Siren also has Focus: Kaolin, Western Australia With projects in four prolific key gold-produc-
the Alexander, Reefton South and Lyell Comment: ing regions – Sandstone, Mt Magnet, South-
projects. Siren was restarting drilling at Big “We are not promoters of projects; we ern Cross and the Pilbara – and a JV with an
River, where a 6m quartz reef – 6.6m @ are builders of projects as we have done established miner, Weststar is confident of
21.4 g/t – with visible gold down plunge privately over the years. We will look to do finding even more of the precious metal. “We
from an OceanaGold Corp drillhole was the same at WAK and the IPO process was felt that even though these projects were still
intersected, with drilling at Alexander also in done to accelerate that,” managing director moving at their own speed,” Jupp tells Paydirt
progress at the time of print. Sorensen told Paydirt. (see pages 32-35) on page 37.

aUSTRaLIa’S PaYDIRT FeBRUaRY 2021 Page 31