Too Much Gas and Not Enough Coyne, it Seems
Yesterday, Gascoyne Resources announced it would for the time being be pulling the plug on its WA gold mining business centred on the Dalgaranga mine in the Murchison.
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Gascoyne Resources Limited
Gascoyne Resources Limited was listed on the ASX in December 2009 and is focused on exploration, development and production of a number of gold projects in Western Australia.
The Company is a gold mining and exploration company that was listed on the ASX in December 2009. The Group holds assets and exploration tenements in the Gascoyne and Murchison regions of Western Australia.
The Group’s current projects include gold production and exploration at the Dalgaranga Gold Project and gold exploration at the Glenburgh Gold Project. The Group comprises the Company, its wholly owned subsidiary GNT Resources (which operates the Dalgaranga Gold Project) and several non-operating wholly owned subsidiaries (which hold ancillary assets, namely tenements).
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WA gold exposure – Gascoyne Resources Limited (ASX:GCY)
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News
Gascoyne Reaps Reward for Never Saying Never
Shares in Gascoyne Resources soared yesterday after a positive update from the wonderfully-named Never Never prospect near its Dalgaranga Gold Mine in WA.
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Trading Tidbits: BUB, PGH, GCY
Good news and bad from the pandemic for two mid-caps yesterday and the shares of the two went in very different directions while an attempted takeover in gold is getting scrappy.
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WA gold exposure – Gascoyne Resources Limited (ASX:GCY)
Presenter - Richard Hay - Managing Director & CEO - Gascoyne Resource Limited is focused on the exploration, development, and production of a number of gold projects in Western Australia.
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Gold Miner Gascoyne Resources Collapses After Mining Shareholders
All that glistens is not golden so the old adage says - just ask the shareholders in WA gold miner Gascoyne Resources which has collapsed, less than a month after raising more than $24 million from shareholders.
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