CR3 - Core Energy Minerals

[System]

On August 13th, 2014, Teys Limited (TYS) changed its name and ASX code to Oakdale Resources Limited (OAR).

 

[Justdigging]

What are these clowns doing at oakdale, who is this chairman john Lynch? Maybe Lynch sees oakdale as his private company with huge 42% ownership. Rudderless group, one minute they are cobalt in south Australia then start reporting on diamond project in South Africa, at least there is an investment strategy .... both going South like their share price

 

[noirua]

Oakdale Resources adds to ‘company-makers’ with “transformative” acquisition in new PGE-nickel-copper province
28 April 2020
https://www.proactiveinvestors.com....in-new-pge-nickel-copper-province-918229.html
The Crown PGE-Nickel-Copper Project is around 8 kilometres from Chalice Gold Mines’ Julimar Complex and is contiguous with tenure that incorporates the growing discovery.

 

[Dona Ferentes]

The Crown PGE-Nickel-Copper Project is around 8 kilometres from Chalice Gold Mines’ Julimar Complex and is contiguous with tenure that incorporates the growing discovery.

Nearology, but is it on-trend?

 

[frugal.rock]

13 August 2020 ASX Announcement
OAKDALE COMPLETES ACQUISITION OF CROWN PGE-NICKEL- COPPER PROJECT NEIGHBOURING JULIMAR DISCOVERY IN YILGARN, WA
HIGHLIGHTS
● The Crown PGE-Nickel-Copper Project is located circa 8km from Chalice Gold Mines (ASX: CHN) Julimar Complex and is contiguous with Chalice tenure that incorporates the growing discovery.
● Crown comprises a 93km² exploration license underlain by an extensive network of magnetic structures similar to those that host the nearby Julimar Ni-Cu-PGE discovery.
● The tenement area located only 60-70km northeast of Perth, has been demonstrated by Chalice Gold Mines (ASX: CHN) to be an entirely new PGE-Nickel-Copper province
with the potential for multiple Julimar analogues and extensions.
● With shareholder approval received, Oakdale has completed the acquisition of the Crown Project from Australian Precious Minerals Pty Ltd and will now move to
permitting and access to the tenement for start of the exploration activity.

Nearology, but is it on-trend?

Near enough.
Maybe a quick bag or 2 regardless of outcome.
Not held. 12 month chart.
.

 

[barney]

Near enough. Maybe a quick bag or 2 regardless of outcome.Not held. 12 month chart.

Recent Cap Raise (Only $1.4 million) at 0.002 so probably a bit of profit taking with the current jump.

Only $10 million Market Cap so very Spec, but plenty of upside potential if enough ducks join the line.

A 0.005 entry looks unlikely at the moment but might be a possibility once the dust settles. Should have paid more attention when @noirua tagged it back in April

 

[frugal.rock]

Took an entry recently on 0.007
Not disappointed with this yet.
A wait and see job.

27 August 2020
ASX Announcement
OAKDALE EXERCISES OPTION AND ACQUIRES THE ALPINE GOLD PROJECTS IN NEVADA, USA.

Hoping that the announcement amounts to some more prospects.
Volume since mid August noted.

 

[frugal.rock]

Totally OARsome...

 

[frugal.rock]

3 September 2020
ASX Announcement
DIAMOND DRILLING TO COMMENCE AT LAMBARSON CANYON GOLD PROJECT, NEVADA
HIGHLIGHTS:

 Site preparation work for planned fully funded diamond drilling has commenced at Lambarson Canyon

 Drilling and support contracts have been signed with experienced local contractors

 Diamond Drilling rig is scheduled to mobilise for commencement of drilling the week
beginning 7 September 2020 and expected to complete in three weeks

 At completion of drilling program at Lambarson Canyon, drill rig will mobilise to commence
planned drilling program at Douglas Canyon Project

 All drill samples will be sent for assay to ALS Chemex in Reno, as soon as they are collected and first results would be expected later in the quarter.

Here's a 5 year chart.
It looks like the bottom is in...

A little clearer on the 3 month chart over the last month.

Edit, SP hit 0.014

 

[frugal.rock]

OAR, starting to float again.
Pickup of momentum noticed today, on a "funny" market day. Interesting to see if follows through next week.

 

[over9k]

I was literally thinking about buying on friday too.

FFS.

 

[frugal.rock]

I was literally thinking about buying on friday too.

FFS.

Can't win em all.
With the majority of today's strength from around 2 pm onwards and with a strong close,
I'm wondering where it's going tomorrow, as to me the 7th September bar high may be challenged... wishful thinking?

 

[frugal.rock]

1 October 2020 ASX Announcement
GIBRALTAR HALLOYSITE - KAOLIN PROJECT
SOUTH AUSTRALIA,
TENEMENT GRANTED AND DRILLING TO COMMENCE

HIGHLIGHTS:
 Exploration Licence EL6506 (Gibraltar) granted on South Australian Eyre peninsular,
located adjacent to Andromeda Metals ‘Mt Hope Halloysite Project’.

 Project is considered highly prospective for potential Halloysite Mineralisation.

 Regional historic shallow drilling confirms the presence of shallow kaolinitic clays within the new tenement.

 Landholder access agreements are in place for EL6506, with a drill permit application submitted to the SA Department for Energy and Mining for approval.

 Drilling anticipated to commence in October 2020 pending final approval.

 

[Dona Ferentes]

a question to the assembled eminences; how many halloysite plays are there on the ASX?

(and,@frugal.rock , if you had dipped your OAR in the Monthly comp water, you'd be up 20%, leading, trailblazing, unassailable etc, on Day One)

 

[System]

On January 12th, 2021, Oakdale Resources Limited changed its name to OAR Resources Limited.

 

[frugal.rock]

So, the OAR is steering the boat again.
Still holding a residual leftover from previous spike.
Unless @peter2 has sold, he has it in his speccie portfolio which is returning very impressive results.
Today's volume is of interest in combo with price move.

 

[peter2]

OAR has gone into trading halt after hours today....

Results pending hey, just my luck they'll be HUGE. Halloysite everywhere, imbedded with rare earths, lithium and uranium.

 

[Stockbailx]

Been watching this for a bit now when game up on the radar a couple of days ago...Up 17% early days of development..

 

[Stockbailx]

Oar Resources Limited (ASX: OAR) or (the Company) is pleased to announce it has, late yesterday, received confirmation from the Department of Mines, Industry Regulation and Safety (DMIRS), in relation to the anticipated granting of the Company’s Crown Project Tenement, E70/5406, which OAR announced it had agreed to acquire on 28 April 2020. The Crown Project area contains numerous magnetic features that are interpreted to represent mafic volcanic rocks which are considered to be highly prospective for Ni-Cu-PGE and gold mineralisation. A detailed interpretation of this regional magnetic data by independent consultants Southern Geoscience, has highlighted at least 20 separate target areasi (Figure 1), which require further investigation. The Crown Project is located just nine kilometres west of the Julimar Complex, where Chalice Mining (ASX: CHN) has made the Gonneville Ni-Cu-PGE discovery, where recent results include: 50m @ 1.8g/t Pd, 0.5g/t Pt, 0.9g/t Au, 0.2% Ni, 1. 1% Cuii. Oar will initially undertake a program of reconnaissance mapping and rock chip sampling to verify the geophysical target areas, followed up by systematic geochemical soil sampling, and a subsequent maiden drilling program at for the Crown Project in H2, calendar 2021

 

[debtfree]

I'm tipping OAR in the July Monthly Comp as there seems to be a little bit of interest in it lately. I might be jumping in a little early here but if it works out it just might be a nice earner, percentage wise.

Weekly chart tells it all - A little early / Couple of good blue bars bars with a touch of volume / sure previous support now resistance above / higher low / if it breaks 0.017 it could run towards 0.030 cents.
Only time will tell.