Deal Summary:
- A$4.5m to be raised with no overs.
- Capital structure of 35m SOI, Market Capitalisation of A$7.0m with an Enterprise Valuation of A$2.5m on debut.
- 1:2 options planned at 20c strike with 3-year life.
- Lead broker - CPS Capital
- Corporate Advisors - Mining Corporate
- High quality “brown fields” critical & precious metal portfolio.
- Exceptional nearologies in the tier one jurisdictions of QLD & WA
- Drill ready, JORC defining target/s.
- High calibre board recognised for non-dilutive acquisitions, directing funds to discovery, outstanding investor trust and accessibility.
Investors will also benefit greatly by Mr Eddie King’s presence on the BoD as Executive Chairman.
Rubix’s Portfolio Overview:
Paperbark (Cu, Zn-Pb): 25km from and along strike to NCZ
Copper: Outstanding copper sulphide and oxide potential including6m @ 1.4% Cu, rock chips up to43% Cuand anomalous strike zones spanning20km+. Drilling ASAP.
Zinc: Rubixwill infill drill higher grade zones at JB Prospect including7m @ 8.8% Zn+Pbto define aJORC resource. Shallow intercepts at the neighbouring JE Prospect including2m @ 8% Zn+Pb from 22m highlights regional prospectivity. Drilling asap.
Etheridge (Au):
Gold:Numerous high grade shallow gold drill intercepts including3m @ 33.7g/t Au from 20m and 6m @ 15g/t Au from 11m.Never been subject to modern, systematic exploration – huge potential below the shallow oxides.
Lake Johnston (Ni-Cu-PGE, Au, Li):
Nickle: Significant structural anomaly along the Jimberlana Dyke, containing layered mafic complexes - adjacent to Maggie Hays Deposit (3.5Mt @ 1.5% Ni)
Collurabbie North (Ni-Cu-PGE, Zn-Pb):
Nickel: Northern extension of Gerry Well Greenstone Belt, along strike to Olympia Ni-Cu-PGE deposit (573kt @ 2.3% NiEq)
