Articles Tagged "Gippsland"

Gippsland raises A$3.2m to advance Abu Dabbab Tantalum Project

Gippsland (ASX: GIP, FRA: GIX) reports firm commitments from clients of Patersons Securities Ltd for the placement of 80 million fully paid ordinary shares at $0.04 per share to raise $3.2 million. The proceeds will be used to progress its flagship 44.5 million tonne Abu Dabbab Tantalum-Tin-Feldspar Project in Egypt and for working capital. For complete news [...]

Spin off IPO of Eritrean and Tasmanian Assets

Gippsland Ltd (ASX:GIP) reports has resolved to pursue spin-off via an IPO and listing on ASX Ltd on two projects namely Adobha project, Eritrea  and Heemskirk project, Tasmania. Gippsland’s primary focus is on the development of its flagship 44.5 million tonne Abu Dabbab tantalum-tin-feldspar project located in Egypt…. For complete news release, click here. For [...]

Gippsland: Heemskirk Tin Project Drilling Update

Gippsland Limited (ASX:GIP) reports an update on the drilling at the Heemskirk tin project located north of Zeehan on Tasmania’s west coast. Drilling at the near surface Queen Hill deposit has confirmed continuity of high grade tin mineralization over potentially mineable widths. For complete news release, click here. For Gippsland’s company profile & projects, click here.

Abu Dabbab tantalum-tin reserves double to 30 million tonnes

Gippsland Ltd. reported that ore reserves at the Egyptian Abu Dabbab tantalum-tin project have now doubled to 30.24 million tonnes from 14.60 million tonnes, grading 255 grams per tonne of tantalum pentoxide and 0.109 percent tin. This is an estimated 107 percent increase in total ore reserves. Executive chairman Jack Telford said: This massive increase in the project’s [...]