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Teena Data

Teena Information

  • General 2015-05-10
    Teck commenced a 4,000m diamond drilling program in August 2014 at the Teena deposit with the primary objective of defining the limits of the mineralised system. Previous drilling results at Teena intersected 26.4m @ 13.3% Zn Pb including 16.2m @ 17.2% Zn Pb, and 20.1m @ 15.0% Zn Pb including 12.5m @19.5% Zn Pb. Combined with historic drilling results, significant high grade zinc-lead mineralisation has been defined over a strike length of at least 1.5km. Rox has signed an Earn-In and Joint Venture Agreement* with Teck Australia to explore its highly prospective Reward zinc-lead project, located adjacent to the McArthur River zinc-lead mine. The project has two main areas of focus, the Teena deposit located 8km due west of the McArthur River Zinc Mine, and the Myrtle deposit which is located 20km south of the McArthur River mine.

Related News

  • Rox buys Collurabbie 2016-10-20
    Junior Rox Resources will pay A$25 00 and issue 7.4-million of its shares to fellow listed Falcon Minerals, to gain hold of the Collurabbie nickel project, some 70 km east of the company’s Fisher East nickel sulphide and Mt Fisher gold projects. The Collurabbie project consists of two exploration licenses covering 63.1 km2 and has been the subject of more than a decade’s worth of exploration.
  • Teck to Acquire 100% of Teena/Reward Zinc Project 2016-10-19

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 18, 2016) - Teck Resources Limited ("Teck", TSX: TCK.A and TCK.B, NYSE: TCK) announced today that a wholly owned subsidiary has exercised a right of first refusal to acquire the 49% interest held by Rox Resources Limited ("Rox")(ASX:RXL) in the Teena/Reward zinc project, which is already subject to Teck's right to earn an additional 19% interest. The consideration will consist of AUD$10.6 million in cash (or AUD$8.0 million in cash and AUD$3.6 million in freely trading securities) payable on closing, a three year AUD$5.25 million interest bearing promissory note, and a further AUD$3.75 million in cash payable on the earlier of six years from the closing date or completion of a bankable feasibility study for the project. Closing of the transaction is subject to customary conditions, including definitive documentation. On closing, Teck will hold a 100% interest in the Teena project.

  • Teck to Acquire 100% of Teena/Reward Zinc Project 2016-10-19

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 18, 2016) - Teck Resources Limited ("Teck", TSX: TCK.A and TCK.B, NYSE: TCK) announced today that a wholly owned subsidiary has exercised a right of first refusal to acquire the 49% interest held by Rox Resources Limited ("Rox")(ASX:RXL) in the Teena/Reward zinc project, which is already subject to Teck's right to earn an additional 19% interest. The consideration will consist of AUD$10.6 million in cash (or AUD$8.0 million in cash and AUD$3.6 million in freely trading securities) payable on closing, a three year AUD$5.25 million interest bearing promissory note, and a further AUD$3.75 million in cash payable on the earlier of six years from the closing date or completion of a bankable feasibility study for the project. Closing of the transaction is subject to customary conditions, including definitive documentation. On closing, Teck will hold a 100% interest in the Teena project.

  • ASX: Rox Acquires Collurabbie Nickel-Gold Project 2016-10-19
  • ASX: Rox Rewarded with up to $20.6 Million for Zinc Project Sale 2016-10-18

Teena News

  • Teck to Acquire 100% of Teena/Reward Zinc Project 2016-10-19

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 18, 2016) - Teck Resources Limited ("Teck", TSX: TCK.A and TCK.B, NYSE: TCK) announced today that a wholly owned subsidiary has exercised a right of first refusal to acquire the 49% interest held by Rox Resources Limited ("Rox")(ASX:RXL) in the Teena/Reward zinc project, which is already subject to Teck's right to earn an additional 19% interest. The consideration will consist of AUD$10.6 million in cash (or AUD$8.0 million in cash and AUD$3.6 million in freely trading securities) payable on closing, a three year AUD$5.25 million interest bearing promissory note, and a further AUD$3.75 million in cash payable on the earlier of six years from the closing date or completion of a bankable feasibility study for the project. Closing of the transaction is subject to customary conditions, including definitive documentation. On closing, Teck will hold a 100% interest in the Teena project.

  • ASX: Rox Rewarded with up to $20.6 Million for Zinc Project Sale 2016-10-18
  • ASX: Sale of Reward zinc-lead project 2016-08-22
  • Rox accepts $21m offer from Marindi for Reward project stake 2016-08-17
    Perth-based Rox Resources has accepted a revised offer from fellow ASX-listed Marindi Metals for its 49% interest in the 58-million tonne Reward zinc and lead project, in the Northern Territory. Marindi initially offered $16-million for the interest in the Reward project, but has revised its offer to $21-million, including a cash payment of $8-million, shares worth $4-million, three-year convertible notes with a face value of $5.25-million and a deferred payment of $3.75-million.
  • Marindi’s time-sensitive offer for Rox’s JV stake lapses 2016-08-10
    ASX-listed Marindi Metals is considering its options after its offer to acquire Rox Resources’ 49% stake in the Reward zinc/lead joint venture (JV) project, in the Northern Territory, lapsed on Tuesday evening. The initial unsolicited August 5 offer was placed on the clock on Tuesday after Marindi issued a deadline of Tuesday close of business for Rox to enter into a binding agreement.

Nearby Locations

Nearby Location News

  • Teck to Acquire 100% of Teena/Reward Zinc Project 2016-10-19

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 18, 2016) - Teck Resources Limited ("Teck", TSX: TCK.A and TCK.B, NYSE: TCK) announced today that a wholly owned subsidiary has exercised a right of first refusal to acquire the 49% interest held by Rox Resources Limited ("Rox")(ASX:RXL) in the Teena/Reward zinc project, which is already subject to Teck's right to earn an additional 19% interest. The consideration will consist of AUD$10.6 million in cash (or AUD$8.0 million in cash and AUD$3.6 million in freely trading securities) payable on closing, a three year AUD$5.25 million interest bearing promissory note, and a further AUD$3.75 million in cash payable on the earlier of six years from the closing date or completion of a bankable feasibility study for the project. Closing of the transaction is subject to customary conditions, including definitive documentation. On closing, Teck will hold a 100% interest in the Teena project.

  • ASX: Progress update for the Merlin diamond mine 2016-10-13
  • ASX: Progress update for the Merlin diamond mine 2016-10-13
  • ASX: Recommencement of operations at Merlin diamond mine 2016-10-05
  • Merlin restart set for October 2016-09-12
    ASX-listed Merlin Diamonds has revealed plans to restart its Merlin diamond mine, in the Northern Territory, in October this year. The junior said on Monday that the decision to restart operations followed approval from the Department of Mines and Energy for the mining plan.

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