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Hampton Hill Mining
Hampton Hill
Mining NL listed on the ASX in 1994 and was delisted in 2022 as
it ceased active exploration activities. Since that date,
trading has been made possible through the facility provided by
the Primary Markets Trading hub and shareholders are directed to
that facility website (https://www.primarymarkets.com/tarding/).
The primary
activity of Hampton Hill has continued to be the managing of our
royalty interest in the Apollo Hill Central Leases owned by
Saturn Metals Limited (STN).The royalty is a gross 5% of all
gold produced after the first one million ounces of production.
It also holds a 0.98% NSR royalty for gold over the Northlander
Project owned by Evolution Mining Limited (EVN) and 10.8 million
shares in the Cobar copper explorer, Peel Mining Limited (PEX).
Additionally,
it holds the gold and base metal rights and a 2% FOB royalty for
iron ore over a large tenement package at the Glenview Project,
some 60 kilometres north west of Cue township. The known
resources of the project are modest is size and grade with no
current plans for mining. Fenix Resources Limited is actively
mining for Iron nearby.
At Apollo Hill,
STN is advancing the project towards final feasibility studies
and on 7th August released an ASX announcement detailing
positive results of a Preliminary Economic Assessment applying a
heap leaching technique for gold recovery. The current JORC
compliant Mineral Resource contains 1,839,000 ounces of gold at
a grade of 0.54 grams per tonne (Refer STN ASX anc of 28 June
2023).
At the
Northlander Project, which covers the Rajax target, a resource
of 1,178,000 tonnes of gold grading 1.29 grams per tonne has
been outlined (Refer EVN annual Mineral Resource Statement of 16
Feb 2022). EVN are making plans to mine late 2024.
PEX is making
good progress in advancing their Cobar projects, and released an
ASX announcement on 4th September confirming the receipt of NSW
government approval for their first decline development.
Refer to shareholder communication
at
Updates to shareholders |
