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Explorers, explorers and more explorers. That’s the theme for the next two weeks, with six explorers from gold, to uranium and battery metals gearing up to list on the ASX.
But please note that these listing dates are extremely speculative.
If you’re interested, contact the company direct for a better idea of when they expect to start trading on the ASX.
These are the companies are listing next week:
Listing: 11 May
IPO: $10m at $0.20
This gold explorer is focused on revitalising the Victorian goldfields, which host Fosterville and Costerfield, two of the highest-grade underground deposits in the world.
The company is a spin-out from Toronto Stock Exchange listed Mawson Gold – which is now a Nordic focused gold exploration company that holds the Rajapalot gold-cobalt project in northern Finland.
SXG operates the Sunday Creek, Redcastle and Whroo projects in Victoria, along with the Mt Isa polymetalic project in Queensland.
Bellavista Resources (ASX:BVR)
Listing: 12 May
IPO: $6.5m at $0.20
The explorer is targeting large, high-grade base metal and battery mineral deposits in Western Australia.
The company has a large and highly prospective tenement package that covers approximately 100km of strike of the northern margin of the highly prospective Edmund Basin.
The projects include Brumby Deposit, Vernon Base Metals, Vernon Nickel-PGE and Gorge Creek which are highly prospective for zinc, copper, silver, PGE and uranium deposits.
Listing: 16 May
IPO: $8m at $0.20
This company is focused on the exploration and development of its Aurora Project in Oregon, USA.
The project hosts a defined uranium resource and is prospective for lithium and the company will conduct exploration and evaluation programs to assess the potential of both these minerals.
Listing: 16 May
IPO: $6m
This explorer is focussed on assets prospective for nickel, lithium and gold in the Goldfields-Esperance region of WA.
It actually holds the largest land package ever held by one company in the history of exploration within the Lake Johnston Greenstone Belt, and says the region has been historically overlooked and underexplored – with the Lake Johnston project never the main focus for nickel majors that previously held the ground.
Demetallica (ASX:DRM)
Listing 16 May
IPO: $15m at $0.25
Another explorer, this one is a spinout from Minotaur Exploration (ASX:MEP) targeting gold, gypsum and base metals at its projects across Queensland and SA.
The company holds the Pyramid Gold project, Windsor copper-zinc-lead-gold-silver project and Chimera copper-gold-lead-silver-zinc projects in Queensland.
DRM also has the Peake and Denision copper-gold, zinc-lead-silver JV and the Lake Purdilla gypsum project in SA.
“The company benefits from the past decade of intensive minerals exploration and resource definition work carried out by Minotaur,” chairman Dr Roger Higgins said.
“Demetallica will continue on that pathway, focussed primarily on copper-gold exploration within Australia.”
Bindi Metals (ASX:BIM)
Listing: 19 May
IPO: $4.8m at $0.20
This explorer is planning to acquire the Biloela project in Queensland which is prospective for gold and copper.
The company plans to compile data and geophysical surveys at the Flanagans and Great Blackall prospects, followed by a drilling program at both prospects.