Cervantes Corporation Ltd. is pleased to announce a capital raising of $700,000 by way of a Prospectus as released today. The capital raising will be primarily for the purpose of providing additional funds for the imminent drilling of Cervantes 2 gold project areas in the Meekatharra and Payne's Find districts. The Albury Heath project in Meekatharra which delivered exceptional drill results of 2m @ 67.2 g/t from 27m in [...]
A field inspection by two Directors of Cervantes Corporation Ltd. of the Company's Primrose Project, centred on the Paynes Find Goldfield, was undertaken recently. The visit was prompted by discussions with Mr Doug Taylor, whose family are third generation miners in this historic and productive gold field. It was a prelude to finalising the exploration targets for the next drilling campaign that will be undertaken on the [...]
Cervantes Corporation announces Pansy Pit keeps giving Gold. HIGHLIGHTS: Shallow gold mineralisation intercepted at the historic Pansy Pit - Significant gold intercepts include: Gold mineralisation is much more pervasive than indicated in historic drilling and not restricted to quartz veins - Total hole gold grade averages, reflect the auriferous nature of this area - Gold grades may be amenable to a heap leach operation [...]
Cervantes Corporation is pleased to provide the June quarter activity report. During the June quarter, the Company commenced and completed inaugural drilling programmes at both the Albury Heath and Primrose Projects and finalised the purchase of the Primrose Project from European Lithium. The final assay results received post 30 June 2018 for both drilling programmes, released 17 July and 24 July 2018, were very [...]
Cervantes Corporation confirms more high grade gold at Albury Heath. - Significant gold intersections from the RC drilling at Albury Heath include : 17m @ 18.8 g/t from 77m in AHP139, incl 4m @ 52.3 g/t from 86m, 1m @ 14.1 g/t from 58m in AHP120 2m @ 7.0 g/t from 9m in AHP134, incl 1m @ 13.3 g/t from 10m 2m @ 3.2 g/t from 29m in AHP136 1m @ 15.2g/t from 46m in hole 135 8m @ 15.3 g/t from 87m in AHP135, incl 4m @ 30.1 g/t [...]
Cervantes Corporation announces focused AC sampling delivers gold targets at Primrose. - Regional air core sampling campaign completed and final assays received from Primrose Project - Gold zones mapped out over areas of the Primrose Shear never before tested - New gold and nickel drilling targets identified - Significant results include : o 1m at 1.285g/t gold from 1m in hole PS21 o 1m at 1.052g/t gold from 10m in hole [...]
As announced 21 December 2017, Cervantes Corporation confirmed that the purchase of the Paynes Find Gold Project from European Lithium had settled. The total consideration in relation to the Transaction comprises $500,000 cash and $500,000 in share consideration . The parties have agreed to settle the remaining cash consideration payable of $80,000 through the issue of 7,000,000 shares in Cervantes at a deemed issue price [...]
Cervantes Corporation has assessed Rotary Air Blast geochemical data from the Primrose Project collected by the previous tenement owners, European Lithium. This drilling had been undertaken while that company was divesting the project area to Cervantes and has never been reported. Shallow RAB drilling identifies significant nickel - cobalt mineralisation - Anomalous zones clearly identified with magnetic contacts [...]
With the authorisation of the submitted Programmes of Work, Cervantes has mobilised two drilling rigs to its Primrose Project to start drill testing of identified targets. HIGHLIGHTS - Drill testing of historic gold mineralisation in the Pansy Pit has started - The drilling aims to confirm, better define, and expand that gold mineralisation - Regional aircore drilling will be taken on select lines across the interpreted [...]
Cervantes Corporation has great pleasure in advising that the Company raised $281,397 from a placement in April 2018 as previously announced to the market, allowing the Company to pursue its current exploration programs and other activities. CHAIRMAN'S LETTER Cervantes as a result has applied for three new Prospecting licences on the western side of the main Primrose Project area, and acquired two new prospecting licences [...]
Cervantes Corporation wishes to advise that its inaugural drilling campaign at the Albury Heath Project has been completed. Cervantes has successfully concluded its inaugural drilling campaign at Albury Heath - The drilling aimed to confirm, better define, and expand the Inferred Gold Resource - 29 Reverse Circulation drill holes for 1,882m completed, two more holes than planned - Gold assaying awaited The Albury Heath [...]
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