OAR - OAR Resources

[frugal.rock]

21 July 2021

Oar Resources Commences Field Work at Crown Project

Highlights

 On-ground reconnaissance work has commenced at the Crown Ni-Cu-PGE and Gold prospective Project.

 Located in the highly sought after area of the Yilgarn Craton, Western Australia.

 Initial exploration includes detailed geological mapping and outcrop sampling to verify the 20-target areas identified in recent geophysical interpretation.

 Systematic soil sampling to follow prior to finalising potential drilling targets.

I might be jumping in a little early here

"The early bird gets the worm"
"Not today banana, tomorrow banana"

Have taken a position today.

 

[debtfree]

I picked OAR for the July Comp and I'm going to stick with it again for the August Comp.
I did know I was getting in a little too early before it exceeded previous highs but I was after high % returns and here I am, doing the same again this month. ?

 

[frugal.rock]

I picked OAR for the July Comp and I'm going to stick with it again for the August Comp.

Fingers crossed for you!
Have added to the holding today.
Hopefully it pushes up another tick Monday and breaks from current ranges... ?

 

[debtfree]

Fingers crossed for you!
Have added to the holding today.
Hopefully it pushes up another tick Monday and breaks from current ranges... ?

Don't be such a tight@rse @frugal.rock, pay a little more for them as I need the price to skyrocket to at least 0.021 to catch the leaders in the Comp. ?

 

[peter2]

@frugal.rock So you're the one who cleaned up the 0.014 asks today.
I'm also caught in this barcode that's going nowhere. I hope you weren't the only one buying today.

 

[frugal.rock]

I hope you weren't the only one buying today.

No, not me.
My take was 6.75% of total volume traded today which nearly doubled my holding with average in being 0.014

 

[frugal.rock]

Don't be such a tight@rse @frugal.rock, pay a little more for them as I need the price to skyrocket to at least 0.021 to catch the leaders in the Comp. ?

See what happens when you call me names !?
All may be forgiven though via LPD...right. Back to business.

ASX Announcement
1 September 2021

EXCEPTIONAL HIGH GRADE HALLOYSITE
DISCOVERED AT GIBRALTAR HALLOYSITE PROJECT

HIGHLIGHTS:

 Exceptional high grade halloysite and kaolinite results returned from large zone of
bright and ultra-bright white kaolinite in drilling by Oar, generating highest grade halloysite observed in any project in Australia:
o Highest grade composite sample of 53% halloysite
o Multiple composite samples grading in excess of 30% halloysite

 Results far exceed Oar expectations, and confirm discovery of a premium-grade
halloysite material with expected significant growing demand by global off-takers seeking supply of high grade halloysite for its nanotube properties

 Halloysite results from the southwest target area, which stretches over an area of
2.5km X 5.0km (defined by +70 ISO-B), have confirmed multiple coincident halloysite anomalies defined by +10% halloysite

 Three additional “Bullseye” anomalies with coincident high grade halloysite and high brightness kaolin also identified, demonstrating strong potential to define a large inventory of high-grade kaolin-halloysite at Gibraltar

 Systematic drill testing of the high-priority southwest target area and three bullseye targets to be undertaken under the Company’s existing drilling permits

 Next drilling already contracted, and expected to commence in early Q4

Held and currently prepping and saddling the race horse... ?

 

[greggles]

OAR rising off the bottom at 0.5c and poking its heading above resistance at 1c. Lots of volume being turned over. This rally could have legs. The Eyre Peninsula is a graphite hot spot and RNU is just down the road.

 

[frugal.rock]

Some same state nearology... ?

3 November 2022

Oar Resources agrees to acquire highly
prospective WA lithium project

HIGHLIGHTS

 Oar Resources signs Binding Option Term Sheet for acquisition of one granted tenement and two tenement applications, adding lithium to the Company’s diverse project portfolio.

 Tenements provide prospective Lithium-Caesium-Tantalum (LCT) pegmatite targets with historic lithium and rubidium anomalies reported from previous rock chips.

 Initial reconnaissance confirms presence of LCT pegmatites within the granted tenement.

 Project in proximity to Liontown Resources’ Kathleen Valley Lithium Deposit.

The nearology bit.

"Located approximately 50km west of Wiluna in the Northern Goldfields of Western Australia, the project lies 120km north-west of Liontown Resources’ Kathleen Valley lithium deposit, which holds a current Mineral Resource Estimate of 156Mt at 1.4% Li2O and 130ppm Ta2O5 (see Appendix 2 of this
announcement for details)."

I'm surprised that it's not on strike also...?

 

[Dona Ferentes]

tillerless, without a paddle.

market cap of $10million

 

[noirua]

Oar Minerals see shares rise 33% on news of massive Brazilian land increase

Oar Resources Ltd has increased its landholding in Brazil by 283%, picking up two additional uranium projects.

themarketonline.com.au

29 May 2024 12:08(AEST) -
The projects at the centre of Oar’s newly pegged land are Amorininpolis and Grande, and both are prospective for uranium hosted in sandstone and sediments, as well as lying within 10 kilometres of historical uranium occurrances, as identified by governmental authority the INB (Indústrias Nucleares do Brazil).

 

[Dona Ferentes]

barbwire paddle. $0.002 ... could go 50 per cent lower as there are buyers waiting.
.
OAR is pleased to announce that Mr Anthony Greenaway has been appointed as the Executive Director of the Company, and will be responsible for the operation of the Company’s exploration program as it expands its Uranium strategy into word-class mining regions of Brazil and Namibia.

Mr Greenaway has been the Non-Executive Technical Director of the Company since February 2022, and was previously the Company’s General Manager of Exploration. He is a senior geologist with over 25 years of international mining and exploration experience, covering operations in Australia, Brazil, Chile, Asia and Africa. Tony was responsible for the development of the Latin Resources lithium deposit in Minas Gerais, Brazil.

As recently reported, OAR has pegged 880km2 of prospective ground for Rare Earth Elements and uranium in Brazil. It has also executed a Memorandum of Understanding with Indústrias Nucleares do Brasil. INB is the State-owned entity that exercises the development, production and commercialisation of nuclear materials in Brazil.

OAR has prioritised exploration at its São José and Amorinopolis projects under the scope of the MoU, with a preliminary exploration plan being designed to test recently identified historic uranium occurrences at the Amorinopolis project, and to test the extension of an interpreted mineralised trend from a historic deposit of uranium, identified in the 1970’s by the predecessors to the INB, Nuclebrás Equipamentos Pesados S.A at São José. Tony will provide valuable input as the Company continues to pursue its exploration strategy to create, grow and maximise shareholder value.

Mr Paul Stephen has tendered his resignation from the position as Managing Director effective immediately. The Board would like to thank Mr Stephen for his contribution over the past 22 months.