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M24 - Mamba Exploration

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Mamba Exploration Limited is an early stage exploration and development company that has assembled a portfolio of highly prospective mineral exploration assets in the Ashburton, Kimberley, Darling Range and Great Southern regions of Western Australia.

The projects in the Ashburton and Great Southern are prospective for gold whilst those in the Kimberley and Darling Range are prospective for base metals such as copper, nickel and manganese.

Mamba's focus immediately after listing on the ASX will be to explore the Calyerup Creek and Darling Range Projects. Calyerup Creek contains historical gold workings and several prospective gold targets that the Company plan to systematically test.

It is anticipated that M24 will list on the ASX during February 2021.

 
hit the boards last Friday, holding around 30c

Listing date5 February 2021 10:00AM WST ##
Company contact detailshttp://www.mambaexploration.com.au/
Ph: + 61 8 9481 0389
Principal ActivitiesMineral exploration
GICS industry groupTBA
Issue Price$0.20
Issue TypeOrdinary Fully Paid Shares
Security codeM24
Capital to be Raised$7,000,000
Expected offer close date15 January 2021
UnderwriterNot underwritten. Canaccord Genuity (Australia) Limited (Lead Manager)
 
Uranium microcap Mamba Exploration (ASX:M24) has kicked off drilling on-site its ‘Canary’ Canadian uranium project, the company announced Thursday.
Officially, rigs first hit the earth overnight as a 1,000m-1,500m drill campaign kicked off for 3-4 holes. Geotechs are hoping to find shallow-lying uranium mineralisation.
One Year Live Chart: https://uk.advfn.com/p.php?pid=stat...=0&width=334&height=208&min_pre=0&min_after=0
 
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