Inflection Resources' President and CEO, Alistair Waddell, discusses Definitive Farm-in Agreement with AngloGold Ashanti Australia Limited that outlines the terms under which AngloGold may earn into a number of Inflection's copper-gold projects in New South Wales, Australia, in interview with David Morgan of the Morgan Report. A Media Snippet accompanying this announcement is available by clicking on the image or link [...]
Vancouver, June 14, 2023 - Inflection Resources Ltd. is pleased to announce it has signed a Definitive Farm-in Agreement with AngloGold Ashanti Australia Limited that outlines the terms under which AngloGold may earn into a number of Inflection's copper-gold projects in New South Wales, Australia. Summary Highlights: AngloGold shall fund up to AUD$10,000,000 on exploration expenditures across the portfolio of projects as [...]
Vancouver, June 2, 2023 - Inflection Resources Ltd. / / is pleased to announce the appointment of Mr. Philip Yee, MBA, CPA as Chief Financial Officer of the Company. Mr. Yee is a professional accountant with graduate degrees in business and engineering, and has over 20 years' experience in corporate management, regulatory and compliance, accounting and audit, and taxation for both private and public companies. Previously [...]
Vancouver, April 19, 2023 - Inflection Resources Ltd. is pleased to announce it is the recipient of an exploration grant from the Government of Queensland, Australia. The grant totalling AUD$200,000 has been awarded as part of the Queensland Government's Collaborative Exploration Initiative to further explore the Carron Gold project located in Northern Queensland. Alistair Waddell, Inflection's President and CEO, states [...]
Inflection Resources Ltd. / / is pleased to announce it has signed a non-binding Heads of Agreement with AngloGold Ashanti Australia Limited that outlines the principal terms under which AngloGold may enter into a multi-year Earn-in Agreement across a number of Inflection's copper-gold projects in New South Wales, Australia. Pursuant to the terms of the HOA, AngloGold shall have a 60-day period to complete further due [...]
Inflection Resources Ltd. is pleased to announce it is the recipient of two exploration grants under the New Frontiers Exploration program from the Government of New South Wales, Australia. The grants awarded to the Company's Australian subsidiary total up to AUD$145,500 to further explore the 100% owned Duck Creek copper-gold alkalic porphyry target. AUD$100,000 was awarded for drilling and an additional AUD$45,500 was [...]
Inflection Resources Ltd. is pleased to provide an update on the ongoing exploration program in New South Wales. Inflection is systematically drill testing a series of 100% owned, copper-gold alkalic porphyry targets located in the covered, northern extension of the Macquarie Arc. The most recent drilling has been focused on the Duck Creek target where strong porphyry-style alteration has been intercepted. Summary [...]
Inflection Resources Ltd. is pleased to announce that further to its news release of July 21, 2022, the Company has completed a non-brokered private placement with lead order from Crescat Capital, to raise gross proceeds of $1,647,500 through the sale of 16,475,000 units priced at $0.10 per Unit. Each Unit consists of one common share and one share purchase warrant, with each warrant exercisable into one further common [...]
Inflection Resources Ltd. is pleased to announce a non-brokered private placement to raise gross proceeds of up to $1,500,000 through the sale of up to 15,000,000 units priced at $0.10 per Unit. Each Unit consists of one common share and one share purchase warrant, with each warrant exercisable into one further common share at a price of $0.15 for a term of two years. Crescat Portfolio Management LLC has agreed to [...]
Inflection Resources Ltd. is pleased to provide an update on the ongoing drilling in New South Wales. Inflection is systematically drill testing a series of 100% owned, copper-gold alkalic porphyry targets located in the northern interpreted extension of the Macquarie Arc. Summary Highlights The Company has intersected strong porphyry-style alteration at the Duck Creek target; Hydrothermal alteration intercepted in drill [...]
Inflection Resources Ltd. is pleased to outline the next series of high-priority copper-gold alkalic porphyry projects to be drill tested in Northern New South Wales, Australia. The Company is currently preparing to mobilise a drill to test an additional five targets, three of which have not previously been drill tested, and two of which follow-up highly encouraging alteration and geochemistry previously drilled by the [...]
Inflection Resources Ltd. is pleased to provide an exploration update from its Carron gold project located in Northern Queensland, Australia. Exploration has been focused on two high-priority orogenic lode gold targets along trend from the historic Croydon gold mining district. Summary Highlights Inflection has completed two additional scout drill holes into the Carron project located in northern Queensland, Australia [...]