Convergent Minerals Limited
ASX:CVG ISIN:AU000000CVG2
Convergent Minerals Limited (ASX:CVG) is an Australia-based gold focused resources company. The Company is engaged in resources mineral exploration. The Company’s projects include bounty project, steam engine project. The bounty project is located approximately 350 kilometers east of Perth, Western Australia, and 100 kilometers southeast of the town of Southern Cross. The tenement package of 42.06 square kilometers is centered on the bounty gold mine. The Company owns 100% interest of the bounty gold project. In addition, the Company has acquired the nickel rights throughout the tenement package, which is situated within the Southern Cross (Forrestania) greenstone belt. The Company operates in the minerals exploration segment in Australia.
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News
Southern Cross Goldfields Limited (ASX:SXG) (SXG),is pleased to announce that it has entered into an agreement to sell certain Mt Holland tenements to Convergent Minerals Limited (ASX:CVG),for A$200K. SXG remains focused on dealing with non-core assets in a manner that preserves and enhances value, and continues to assess further opportunities within its portfolio.
Australian Market Report of September 08, 2010 includes; Coeur d'Alene Mines (NYSE:CDE) subsidiary Coeur Alaska, Inc., has entered into a contract with Aurubis AG (ETR:NDA). Pacific Brands (ASX:PBG) recovered to a full-year net profit of A$52.7 million for the 12 months ending June 30, Alexium International (ASX:AJX) today announced that the Patents Registry for the Hong Kong Special Administrative Region China has been approved, Convergent Minerals (ASX:CVG) is to acquire Windarling Peak Project by farm-in from Iron Road Ltd (ASX:IRD).
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