News & Updates
2024 RIU Sydney Resources Round-up Conference Q&A with Frazer Tabeart of Alma Metals
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Barry FitzGerald: This copper junior’s pooling the bulk tonnage that gets big end of town buying
Two months ago Garimpeiro said he was taken by BHP’s assessment at the time that the supply deficit in copper previously expected to emerge in the final third of the 2020s could well come earlier.
What’s more, the supply deficit could be “pronounced’’ in the medium – term (five years).
Supply deficits force higher prices, and if they are pronounced, so too is the price response. As it is, we’re getting a taste of what that could mean for copper as the price of the red has taken off to $US4.59/lb on Tuesday morning.
Alma to raise $2.77m to grow its Briggs porphyry copper resource ahead of pivotal scoping study
Alma Metals’ (ASX:ALM) flagship Briggs porphyry copper deposit currently has an inferred resource of 415Mt @ 0.25% copper and 31 parts per million (ppm) molybdenum – one of the largest copper and moly deposits in Australia.
MD Frazer Tabeart chats with Resources Roadhouse
Wally Graham of The Resources Roadhouse chats with Alma Metals (ASX: ALM) Managing Director Frazer Tabeart, at the recent 2024 Tribeca Future Facing Commodities Conference in Singapore.
Next Big Copper Discovery
Where is Australia’s next big copper discovery coming from after a disappointing run for this ‘everything, everywhere, all at once’ metal?
Briggs Zone Extended
The eastern contact zone at the Briggs central deposit has been extended to ~500m with depth outlined to over 200m. Drilling to upgrade resource confidence to start in early Q2 2024.
Closing Bell
The benchmark ended Thursday significantly higher, with IT stocks rising by a science fiction-like 6.6pc. Discover how ASX embraces Star Tech and Return of the Jobless.
Alma Extends Copper Moly Zone
Alma Metals has extended the higher-grade copper-molybdenum mineralisation strike at the Central Zone within its Briggs project in Queensland to about 500m, with new drill hits including 161m at 0.29 per cent copper and 71 parts per million moly from 22m.
High Grade Copper Moly
The latest drillhole intersected a good thickness of high-grade copper-moly mineralisation from surface to a downhole depth of 136.3m. Management believes the high-grade, near-surface results that occur just above the base of oxidation most likely reflect a modest “bonanza zone†style of supergene enrichment.
Briggs Hits High Grade
Recently completed core drilling at the Briggs project has intersected a thick zone of copper-molybdenum mineralisation from surface
In Case You Missed It
Here are the highlights of today’s most interesting small cap stories that might have slipped under your radar.
Expanded Flagship Project
Explorer Alma Metals is using its porphyry copper expertise to advance its recently expanded flagship project the Briggs joint venture in Queensland – already in the top 10 of undeveloped copper projects in Australia.
Eyes Two New Permits
Alma Metals to acquire two new Exploration Permits for Minerals (EPMs) next to the Briggs copper project in Queensland.
Alma Metals Expands
Alma adds new ground and expands the Briggs, Mannersley and Fig Tree Hill joint venture it shares with Canterbury Resources in central Queensland by grabbing two new exploration permits adjacent to the project.
In Case You Missed It
Here are the most interesting highlights of today’s small cap stories that might have slipped beneath your radar.
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