MinRex Resources Limited
@MinRexResources
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MinRex Resources (ASX: $MRR) is a tier-one exploration leader developing world-class battery metal opportunities for a greener future.
Perth, Western Australia
Joined December 2020
๐ฅ Quick Fire Update Ian Shackleton outlines the strategic rationale behind $MRR's proposed merger with Electrum Discovery, creating 1M+ oz gold-copper explorer across Serbia & NSW With ~$8m in treasury, the merged group is set to move straight into drilling post-approval. โ๏ธ
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๐๏ธ MinRex Resources $MRR featured in @MiningComAuโs M&A Monday, highlighting its proposed $28m merger with Electrum Discovery to create a strengthened gold-copper explorer across Serbia and NSW ๐ท๐ธ๐ฆ๐บ A pivotal step toward scale, diversification & growth https://t.co/XPdlKxYDsv
mining.com.au
Global mergers and acquisition (M&A) deals hit a resurgence last year, reaching US$3 trillion ($4.47 trillion) according to Baker McKenzie.
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๐๏ธ MinRex Resources (ASX:MRR) reshapes growth profile through Serbian Australian gold copper merger https://t.co/JpG7pNXbsw
marketopen.com.au
MinRex Resources (ASX:MRR) has entered a definitive agreement to merge with TSX V listed Electrum Discovery Corp, combining advanced gold and copper assets in Serbia with MinRexโs Australian portfo...
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๐๏ธ MinRex Resources Ltd Transformational Merger Delivers Major Gold-Copper Portfolio @DiscoveryAlert
https://t.co/CvMd2NG4YC
discoveryalert.com.au
Minrex Resources Ltd announces transformational merger to accelerate growth and expand operational capabilities.
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๐ฅ Long Shortz with MinRex Resources (ASX: $MRR) The merger with Electrum delivers scale, a stronger balance sheet and Tier-1 jurisdiction exposure. With Tlamino now the flagship asset, MinRex is moving into early value-unlocking work programs. ๐ Watch on @StockheadAU TV ๐บ
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MinRex (ASX:MRR) featured in The Australian ๐ฐ MRR to merge with TSX-Vโs Electrum to create a $25m gold-copper explorer with +1Moz AuEq resources across Serbia & NSW Focus on growing & upgrading the Tlamino gold resource, backed by ~$8m cash and no debt https://t.co/jsSJb7u7p3
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๐๏ธ MinRex merger with Electrum Discovery to form +1Moz Serbia-Australia gold-copper explorer - @StockheadAU
https://t.co/YVth8eEp0I
stockhead.com.au
MinRexโs merger with Electrum Discovery will add the 670,000oz gold equivalent Tlamino gold project in Serbia.
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๐ฅ $MRR Director Ian Shackelton discusses proposed merger with Electrum Discovery (TSX-V:ELY) - creating a +1Moz AuEq explorer across Aus & Serbia ๐นNearly 3x resource growth ๐นEntry into Serbiaโs Timok copper-gold belt ๐นMulti-commodity upside + strengthened technical team
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๐จ Merger of Equals Announced ๐จ $MRR to merge with $ELY (TSX-V) creating a well-capitalised gold & copper explorer focused on Serbia + Australia โ๏ธ Pro-forma mkt cap ~A$28m โ๏ธ ~A$8m cash no debt โ๏ธ MRR remains ASX-listed Closing targeted for March 2026 https://t.co/oi9aQ0RYSa
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๐จ Fraser Range Drilling Unlocks Critical Mineral Potential $MRR & #WC1 drilling returns significant REE, TiOโ & Sc intersections in WAโs underexplored Fraser Range. 3 months to decide on 50% earn-in option. More: https://t.co/ODJe4DeVQt
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West Cobar Metals and MinRex Discover REE-Critical Mineral Potential at Fraser Range in WA @SmallCapsASX
https://t.co/Prjk6K54Rs
smallcaps.com.au
West Cobar Metals (ASX: WC1) and MinRex Resources (ASX: MRR) have unearthed rare earth element (REE) and critical mineral potential with drilling at the Fraser Range project in Western Australia....
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๐ Ian Shackleton on site at Fraser Range as RC drilling kicks off! ๐ฏ Targeting 5 high-priority copper-gold (IOCG & BHT) zones ๐ณ๏ธ 8 holes ~2,000m over 3โ4 weeks ๐ Operated by $WC1, powered by $MRR More news to come ๐ https://t.co/rSW9S3tpmL
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๐ RC drilling kicks off at Fraser Range! $MRR & $WC1 targeting 5 high-potential copper-gold zones in WAโs Biranup Zone โ near the famed Nova-Bollinger deposit. ~2,000m across 8 holes over 3โ4 weeks. Big news from a highly prospective region! #ASX #Copper #Gold #FraserRange
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๐จ Drilling underway at Fraser Range Copper-Gold Project, WA! ๐น 8 RC holes (~2,000m) ๐น 5 priority IOCG & BHT targets ๐น Program to run 3โ4 weeks ๐น Located ~120km NE of Esperance Exciting times ahead for $MRR & $WC1! ๐ https://t.co/rSW9S3tpmL
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๐ข MinRex Secures Fraser Range Copper-Gold Project Option! MinRex (ASX: $MRR) to acquire 50% of the Fraser Range Copper-Gold Project (WA) through a $500K earn-in deal with West Cobar Metals (ASX:WC1). Drilling planned in the coming months! ๐โ๏ธ https://t.co/Qd1vJFlA4z
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๐จ Rock chip sampling confirms 5 high-priority targets at Sunny Creek (NSW): ๐นLagoon Creek: 2.85 g/t Au & 298 g/t Ag ๐นMitchells Creek: 6.73 g/t Au ๐นEast Napoleon: 6.42 g/t Au Further exploration underway across all prospects. https://t.co/Og0bws1Ic4
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๐ฅ Insights from #MinRex - Exploration Manager Ian Shackleton shares key strategies: โ
40+ #gold #copper & #Silver โ
Exploring acquisitions to grow the portfolio โ
Cost-effective projects for shareholder value Watch the update ๐๐ฝ $MRR #mining @MarketOpenAUS @ResolveIR
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$MRR Sept '24 Quarter Highlights: ๐น Earned 51% in EL 7423 ๐คwith Fortuis Mines at Queenslander & Spring Gully #Gold Projects ๐น Promising rock chip results from Mt Pleasant Cu-Mo-Au & Sunny Corner Au in NSW ๐น New ๐ฏ for orogenic, polymetallic & intrusive gold identified
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