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octagonal resources ltd (ORS) Snapshot

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52 Week High
01/30/14 - A$0.11
52 Week Low
10/23/14 - A$0.0090
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octagonal resources ltd (ORS) Details

Octagonal Resources Limited engages in the exploration, development, and mining of gold properties in Australia. The company also explores for copper and silver deposits. It holds 18 exploration and mining licenses in the Maldon, Wehla, Pearl Croydon, Amherst, Campbelltown, Dunolly East, and Maryborough projects, which are located in the Bendigo Zone of the Lachlan Fold Belt in Victoria; and 9 exploration licenses in the Hogan’s project that is located in the Eastern Goldfields province of the Yilgarn Craton in Western Australia. The company was incorporated in 2010 and is headquartered in Southbank, Australia.

octagonal resources ltd (ORS) Top Compensated Officers

Managing Director, Director and Member of Aud...
Total Annual Compensation: A$235.0K
Compensation as of Fiscal Year 2014.

octagonal resources ltd (ORS) Key Developments

Octagonal Resources Limited, Annual General Meeting, Nov 26, 2014

Octagonal Resources Limited, Annual General Meeting, Nov 26, 2014., at 10:00 AUS Eastern Standard Time. Location: HWL Ebsworth Lawyers, Level 26, 530 Collins Street. Agenda: To approve the Financial Report of the company and of the controlled entities for the year ended 30 June 2014; to approve the Directors' Report; and to approve the Auditor's Report thereon; to approve Remuneration Report; to approve re-election of Director; to approve 10% placement facility; and to approve renewal of performance rights plan.

Octagonal Resources Limited Auditor Raises 'Going Concern' Doubt

Octagonal Resources Limited filed its Annual on Sep 26, 2014 for the period ending Jun 30, 2014. In this report its auditor, BDO International, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Octagonal Resources Limited Announces Second High-Grade Reef at Alliance South Deposit

Octagonal Resources Limited announced that underground mine development on the 1100 level of the Alliance South Deposit has identified a second high- grade gold-bearing reef positioned nine metres to the west of the Eaglehawk Reef at the Alliance South Shoot. An 8 metre long cross-cut developed to the west of the Eaglehawk to test a sludge hole drill result of 7 metre grading 13.9 g/t Au has exceeded expectations by returning 7.85 metres (true width) grading 29.4 g/t Au from the north wall and 7.95 metres (true width) grading 19.0 g/t Au from the south wall. These intersections include a newly identified high-grade gold reef that has returned initial assay results of 2.95 metres grading 40.3 g/t Au and 2.1 metres grading 30.4 g/t Au. The new high-grade gold reef is near-vertical and positioned 9 metres to the west and sub-parallel to the Eaglehawk Reef.


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