Australian Critical Minerals provides exposure to a drill-ready, multi-million-ounce gold and silver opportunity in Peru, with drilling at the flagship Flint Project commencing this quarter in a world-class epithermal belt.
Australian Critical Minerals Limited (ASX:ACM)
ACM
Lead Manager
Contact - Jake Grbavac
0474 484 982
jake@liquidity.com.au
Offer Price
A$0.0750
per share
Offer Size
A$2,000,000
Offer Details
Issue Price (Per Share)
A$0.0750
Discount
7.41%
Offer Size
A$2,000,000
Shares Available
26,666,666
$2,000,000 Placement at $0.075 per share. May accept up to $500k oversubscriptions via a second tranche.
Documents & Downloads
Company Overview
Australian Critical Minerals Limited is an Australia-based resource exploration company focused on building a high-grade, multi-commodity portfolio of gold, silver, copper and other critical minerals that are essential for clean energy, electrification and industrial growth. With a strategic core of Peruvian assets covering over 25,000 hectares featuring drill-ready targets and high-potential mineralisation, ACM also holds iron ore and other projects in Western Australia’s Pilbara region, giving exposure to both battery-related metals and bulk commodities.
Exploration Assets in Peru
Multi-million ounce potential across Peruvian projects with drilling to commence at Flint this quarter.
Flint: geochemistry, geophysics and alteration indicate large gold, silver target
- Drill permits in place, maiden program this quarter
- Large geochemical anomaly
- Pathfinder elements indicative of HSE (High-Sulfidation Epithermal) system
- Geophysics indicate 4km strike
- Prolific epithermal metallogenic belt with gold discovery exceeding 50 Moz Au
Blanca: historic 190k oz gold + 945k oz silver (2.2 g/t Au, non-JORC) > only 1/3 of vein tested Bonanza drill grades to 52.8g/t Au over 1.5 metres within 9.5m @ 11.27 g/t Au
- 4m @ 3.97 g/t Au, including 1.75m @ 7.5 g/t Au
- 1.5m @ 22.68 g/t Au within 5m @ 7.04 g/t Au
- 1.2m @ 8.13 g/t Au within 7.37m @ 2.44 g/t Au
- 6m @ 2.31 g/t Au
Riqueza: 4km+ strike of exceptional copper, silver and base metal surface grades
- 8.7% Cu, 4.7% Cu, 4.5% Cu, 4.3% Cu
- 78 rock chips over 1% Cu
- 2238 g/t Ag, 1385 g/t Ag, 1214 g/t Ag, 31%Zn, 35% Pb
Cerro Rayas: rock chips up to 26.80 g/t Ag, 46.08% Pb and 39.67% Zn
Use of Funds
Funds will predominantly be used for a maiden drill program at the Flint Prospect.
Disclaimer
This site does not constitute an offer, recommendation, or invitation to any person, nor does it purport to provide all of the information an interested party may require in order to investigate the affairs of Australian Critical Minerals Limited. This site is provided for information only and has not been prepared with the intention that the recipient should rely on it. Liquidity Technology Pty Ltd ("Liquidity") does not make any representation in relation to the contents of this site or give any assurances as to the accuracy or the degree of care or diligence used in preparing this document. The information, data, and advice herein is provided to recipients on the clear understanding that Liquidity nor any of its representatives, directors, officers, employees, agents, or advisers makes any representation or warranty about its accuracy, reliability, completeness, or suitability for any particular purpose and does not accept liability (including, but not limited to, for any expenses, losses, damages, and/or costs (including, but not limited to, indirect or consequential damage)) nor take any responsibility of any kind whatsoever (including, but not limited to, whether in contract, tort, financial or otherwise) for the information, data, or advice contained in or for any omission or for any other information, statement, or representation provided to any recipient (including, but not limited to, as a result of information, data, or advice being inaccurate, unreliable, incomplete, or unsuitable in any way and for any reason whatsoever). Users of this site must conduct their own investigation and analysis regarding any information, statement, or representation contained or provided to any recipient or its associates by Liquidity or any of the Liquidity Personnel. Each recipient waives any right of action, which it has now or in the future against Liquidity or any of the Liquidity Personnel in respect of any errors or omissions on or from this site, however caused. All rights are reserved. If the whole or any part of a provision of this "Notice and Disclaimer" is invalid, illegal, or unenforceable, then such provision will be severed and neither that part or provision or its severance will affect the validity or enforceability of the remaining parts or provisions.
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