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IPos

East. Mining resumed at Anthill early last
Aurum Resources Ltd month after the company inked a three-year Australian Gold & Copper Ltd
contract with services provider Thiess.
ASX: AUE ASX: AGC

Listing date: November 2 Australasian Metals Ltd Listing date: January 20
IPO amount: $5 million IPO amount: $10 million
Share price range since listing: ASX: A8G Share price range since listing: 9-23.5c
16.5-26c Address: Suite 7, 55 Hampden Road,
Address: Suite 2 Level 1, 1 Altona Nedlands, WA 6009
Street, West Perth WA 6005 Tel: +61 8 9322 6009
Tel: +61 8 6559 1792 Website: austgoldcopper.com.au
Website: aurumres.com.au Social media: @AustralianLtd
Social media: @AurumResources Email: info@austgoldcopper.com.au
Email: contact@aurumres.com.au Key personnel: David Richardson
Key personnel: Joshua Letcher (non- (chairman), Glen Diemar (managing
executive chairman), Troy Flannery director)
(non-executive director) Focus: Gold, NSW
Focus: Gold, WA
Comment:
Comment: Spun out of Magmatic Resources Ltd early
Orlando Drilling has been booked for the last year, the company quickly launched
imminent maiden RC programme at Penny into a 7,000m drilling programme across a
South. A total of 18 holes for about 6,000m suite of non-porphyry gold and base metals
have been planned based on exploring the targets in the Central Lachlan Fold Belt of
existing down-hole geology and analytical NSW. Having achieved moderate success
results. An aircore programme at Ryans over the course of 2021, AGC rounded
Find remains subject to heritage negotia- out the year with NSW ministerial approval
tions and POW approval, with about 80 for 840sq km of Cobar Basin exploration
holes for up to 4,000m planned. Harmec Listing date: May 13 licences. The company indicated several
Drilling has been booked for this work. IPO amount: $5.5 million Cobar-style targets already existed within
Share price range since listing: the new tenure and it hoped to emulate the
ongoing discovery success of several major
Austral Resources 12.5-92.5c copper miners in the district.
Australia Ltd Address: Unit 34, Level 5, 123B Colin St,
West Perth WA 6005
ASX: AR1 Tel: +61 8 6507 3082

Listing date: November 3 Website: australasiangold.com
IPO amount: $30 million Social media: @A8G_ASX
Share price range since listing: 15-22c Email: info@australasiangold.com
Address: Suite 902, Level 9, 60 Edward Key personnel: Dr Qingtao Zeng
Street, Brisbane QLD 4000 (managing director)
Tel: +61 7 3520 2500 Focus: Gold and lithium, Queensland,
WA and Northern Territory
Website: australres.com
Social media: @AustralLimited Comment:
Email: admin@australres.com Initially established as a vehicle to intro-
Key personnel: Phillip Thomas (non- duce Chinese gold assets to the Australian
executive chairman), Steve Tambanis market, the company debuted as Australa-
(chief executive) sian Gold with a focus on the May Queen
and Mt Clermont projects in Queensland.
Focus: Copper, Queensland However, managing director Qingtao
Zeng’s reputation as a lithium wheeler and Australian Rare Earths Ltd
Comment: dealer saw the company make a slight
An unheralded copper cathode producer, pivot towards the battery mineral and enjoy ASX: AR3
Austral purchased the Lady Annie opera- instant success on the back of a discov-
tions from its predecessor CST Minerals ery at Mt Peake in the Northern Territory. Listing date: July 1
in July 2019. Lady Annie has been an Subsequently rebranded as Australasian IPO amount: $12 million
operational mine for more than a decade Metals, the company recently acquired 90%
and produces up to 30,000 tpa from four of a substantial lithium package in the North Share price range since listing:
open pits. Prior to listing, Austral completed Arunta pegmatite province. 40c-$1.35
open pits at Lady Brenda East and West Address: Level 7, 19 Grenfell Street,
and cutbacks at Flying Horse South and Adelaide SA 5000

Page 34 FeBRUaRY 2022 aUSTRaLIa’S PaYDIRT