PNX - Director Interest Disclosures Director Interest Disclosures
PNX Metals Limited (ASX: PNX) notes today’s ASX announcement by Kin Mining NL (ASX: KIN). PNX confirms that it has received an unsolicited, non-binding, indicative, and incomplete proposal in relation to a potential merger from KIN (Indicative Proposal), and has subsequently engaged in preliminary discussions with KIN regarding the Indicative Proposal.
PNX Metals Limited (ASX: PNX) is pleased to report drill results not previously released, identified during recent assessment of historic data from the Thunderball Uranium deposit and nearby uranium prospects in 2014. The results demonstrate the significant potential to extend the high-grade mineralisation at Thunderball and to make further uranium discoveries regionally. High-Grade Uranium Intersections Previously Unreported from Thunderball
Quarterly Appendix 5B Cashflow Report for the quarter ended 31 December 2023. December Quarterly Report
PNX Metals Limited is pleased to announce further positive gold exploration results from its Burnside Northern Leases in the Pine Creek region of the Northern Territory. The Northern Leases, a new area for exploration in 2023, host multiple kilometre-scale gold targets with the potential for economically significant gold mineralisation along the same structural corridors as the Cosmo Howley gold mine (owned by Agnico Eagle) and numerous other gold deposits.
Priority Uranium Targets Identified During Evaluation of Thunderball Uranium Deposit.
The board of PNX Metals Limited (ASX: PNX) (“PNX”, “the Company”) advises that it has appointed Graham Ascough as Executive Chairman, as James Fox the current Managing Director and CEO has made the decision to transition to a part-time role to pursue other business opportunities. Mr Fox is to remain on the board as technical Director to ensure an orderly transition and to provide ongoing leadership and strategic support to the PNX team. Read more here: Board Changes PNX
Uranium rights returned to PNX over NT tenure upon expiry of 10-year third-party agreement • Includes the Thunderball uranium deposit and numerous nearby uranium prospects adjacent to PNX’s Hayes Creek zinc-gold-silver and Fountain Head gold projects • Numerous drill intercepts at Thunderball exceeded 1% U3O8, including: o 11.0 m @ 3.4% U3O8 from 144.0 m in TPCDD026, ▪ including 4.6 m @ 8.0 % U3O8, and o 15.0 m @ 8,633 ppm U3O8 from 135.0 m in TPCRD093, ▪ including 9.0 m @ 1.4 % U3O8, ▪ including 1.0 m @ 11.3 % U3O8 • Potential to generate significant shareholder
The Company is pleased to announce the appointment of Ms Katelyn Marie Adams as Company Secretary with effect from 1 November 2023. Ms Adams is replacing Mr Angelo Gaudio who will retire as Company Secretary and Chief Financial Officer, effective from the close of business on 31 October 2023.
The Company is pleased to announce further positive gold results from the high-grade C6 gold prospect and that RC drilling commences to test fresh-rock below weathered gold-rich massive sulphide veins mapped in costeans. The C6 prospect is part of PNX’s Burnside Northern Leases in the Pine Creek region of the NT, with the main high-grade zone located on its 100% owned EL31893, approximately 100 km south of Darwin and 35 km NNW of PNX’s Fountain Head gold development project.
Notice of Meeting for the Annual General Meeting to be held 10:30am Thursday 9 November 2023, level 3/170 Frome Street, Adelaide.
The Company is pleased to advise that the first assays from costeans (trenches) at the C6 gold prospect have confirmed gold mineralisation in bedrock where previously reported assays from surface rock-chip samples returned gold values up to 189.5 g/t. Mapping and sampling from the remaining 6 trenches is ongoing with assays pending. The C6 prospect is part of the Company’s Burnside Northern Leases with the new high-grade zone located on its 100% owned EL31893, in the Pine Creek region of the NT, approximately 100 km south of Darwin and 35 km NNW of PNX’s Fountain Head gold development project. There
Refer to PNX’s company page at www.asx.com.au for Announcements prior to 1 July 2014.