Australian (ASX) Stock Market Forum

GGR - Golden Globe Resources

27 June 2010
Golden Globe Resources Limited is a minerals exploration company and was established for the purpose of identifying and developing prospective copper and gold assets in Queensland, New South Wales and Western Australia.

Golden Globe Resources project portfolio comprises the following tenements:

(a) Dooloo Creek Project (QLD) which comprises two granted exploration permits (EPM 15343 and EPM 27728) covering 77.94km2.. The project is located 500km northwest by road from Brisbane and 50km by road from the township of Monto;
(b) Alma Project (QLD) which comprises one granted exploration permit (EPM 27722) covering an area of 294.6km2. The project is located 670km northwest of Brisbane and 15km south of the township of Mount Morgan;
(c) Neila Creek Project (NSW) which comprises one exploration licence for minerals (EL8864) covering 42.73km2. The project is located 300km west of Sydney and 5km south of the township of Cowra; and
(d) Crossways Project (WA) which comprise one exploration permit for minerals (E28/2546) covering 29.27km2. The project is located 600km east of Perth and 200km south of Kalgoorlie.

The Company has a 100% legal and beneficial interest in the Dooloo Creek and Alma Projects, 69.7% of the Crossways Project and has the right to earn a 90% interest in the Neila Creek Project.

The Company holds three projects in important geological terrains that are host to copper and gold mineralisations, which include world-class mines at Mt Morgan and Cadia. While similar geology and proximity to significant mines does not necessarily indicate that such mineralisation will occur on GGR’s tenements, or that if mineralisation does occur it will be economic to extract, prospectivity is often a function of geologic setting.

It is anticipated that GGR will list on the ASX during November 2023.

Listing date09 November 2023 ; 11:00 AM AEDT ##
Company contact
Ph: 02 9623 5399
Principal ActivitiesMining Exploration
Issue PriceAUD0.20
Issue TypeOrdinary Fully Paid Shares
Security codeGGR
Capital to be Raised$6,000,000
Expected offer close date09 October 2023
UnderwriterNot underwritten, K S Capital Pty (Lead Manager).