Terramin Australia Limited (ASX:TZN) wishes to advise that underground diamond drilling has commenced to better establish the limits of known Reserves and Resources.
Drilling confirms large copper-gold system at Pipeline
Assays have been received from the first stage exploration programme of RAB and Slimline RC drilling on the Pipeline copper-gold prospect within Terramin’s Preamimma District Project (Figure 3). Drilling commenced on 15 January 2013 and concluded on 24 January 2013.
4th Quarter Report 2012
Terramin Australia released its 4th Quarter Report for 2012.
2012 Full Year Profit Guidance
Terramin Australia Limited (ASX: TZN) advises that its Angas Zinc Mine is expected to record earnings before interest, tax and depreciation (EBITDA) for the full year ended 31 December 2012 of approximately $15 million from revenues of $71 million.
Appointment of Non Executive Director
The board of Terramin Australia Limited is pleased to announce the appointment of Mr Angelo Siciliano as a non-executive director of the Company. Mr Siciliano’s appointment is effective immediately.
Financial Restructure and Capital Raising
Terramin Australia Limited Managing Director, Nic Clift, today announced a key financial restructure of the Company headlined by a placement to Wanshe Holdings Pty Ltd (Wanshe) and a fully underwritten 2.1 for 1 Entitlement Offer at $0.02 per new share, fully underwritten by Asipac Capital Pty Ltd (Asipac) and Wanshe (a company […]
Response to Media Report
Terramin Australia Limited (ASX: TZN) wishes to acknowledge that an article was published on the AdelaideNow website earlier today reporting that the Company had received an offer from Dr Kevin Moriarty in relation to the acquisition of the Company’s 65% interest in the Tala Hamza project for an aggregate price […]
Angas Exploration
Terramin Managing Director, Nic Clift, today announced the commencement of the first stage of a new exploration programme at the Angas Zinc Mine, aimed at extending the existing mine life.
Market Update
Terramin Australia Limited (the “Company”) advises that, as announced in its 3rd quarterly report released to the ASX on 31 October 2012, the Company has undertaken a capital raising initiative to strengthen its balance sheet.
3rd Quarter Report 2012
Terramin Australia released its 3rd Quarter Report for 2012.