Latest news with #Cobra
Associated Press
8 hours ago
- Business
- Associated Press
Wudinna Gold Project Rights Acquisition Completed
HIGHLIGHTS ADELAIDE, AUSTRALIA / ACCESS Newswire / July 24, 2025 / Barton Gold Holdings Limited (ASX:BGD)(FRA:BGD3)(OTCQB:BGDFF) (Barton or Company) is pleased to announce completion of its rights to acquire the Wudinna Gold Project (Wudinna) from Cobra Resources PLC (Cobra). Cobra shareholders have approved the Transaction at a general meeting held yesterday, 24 July 2025 in the UK. Following this approval, Barton now has binding rights to ownership of Wudinna, and will work with Cobra to facilitate transfer of the Sale Assets to Barton, and Final Settlement. Commenting on the acquisition of Wudinna, Barton Managing Director Alexander Scanlon said: 'We are pleased to obtain Cobra shareholder approval for Barton's acquisition of the Wudinna Gold Project. Wudinna is a highly valuable addition to Barton's South Australian gold platform, which is now over 2Moz and set to grow further with the pending re-estimation of the Challenger underground mine. 'With this transaction approved, we will now continue our evaluation of opportunities to integrate Wudinna into our long-term regional development objectives. These assets offer significant optionality given our professional capabilities and planned future infrastructure. We look forward to sharing updates as we advance this project.' Wudinna Gold Project JORC Resources The Wudinna Gold Project is comprised of the Barns, White Tank, Clarke and Baggy Green Deposits hosting a combined JORC (2012) Mineral Resources Estimate (MRE) of 279,000oz Au (5.81Mt @ 1.5 g/t Au).2 Table 1 - Wudinna Gold Project September 2023 JORC (2012) Mineral Resources Estimate2 Key terms of acquisition The Wudinna acquisition was agreed on compelling terms for Barton, and in a framework of significant mutual benefit to each of Barton and Cobra. Cobra's shareholders will continue to hold a gold exposure through Barton and its considerably larger regional gold development platform, and each of Barton and Cobra will focus on their respective areas of development interest, gold and rare earths (respectively). Barton has paid to Cobra a non-refundable deposit of $50,000 cash, with further consideration to be paid subject to Completion and Final Settlement as summarised in Table 2 below:2 Table 2 - Wudinna Gold Project acquisition consideration payable2 Barton will also pay to Cobra certain contingent benefits, including:2 Other key terms of acquisition include:2 Barton and Cobra will now complete an Escrow Agreement and the Orderly Market Agreement, pursuant to which the tranche of $800,000 worth of Barton shares will be issued following New Tenements issue.5 Barton will provide further updates as the Transaction proceeds toward Final Settlement. 1 Refer to ASX announcement dated 2 July 2025; capitalised terms in this document have the same meaning as defined in that document 2 Refer to ASX announcement dated 2 July 2025; capitalised terms have the same meaning as defined in that document 3 Cobra has the right to acquire the Exploration Licenses over which the ELAs have been issued pursuant to Section 30AA of the South Australian Mining Act (Original Tenements). If the New Tenements are not granted, the Parties may pursue the issue of new Exploration Licenses (and Final Settlement) through an application for subdivision of the Original Tenements in favour of Barton for those areas representing the Sale Assets or, if this is unsuccessful, Barton shall have the right to elect to either (a) take the Original Tenements in lieu, or (b) terminate the Transaction. 4 All Barton Shares issues pursuant to the Agreement will be issued pursuant to Barton's ASX Listing Rule 7.1 capacity. 5 Number of Barton shares calculated by reference to VWAP for the 30 trading days up to, but not including, the Agreement date, being approximately $0.78 / Barton share as of the close of business on Friday, 27 June 2025. 6 Number of Barton shares calculated by reference to VWAP for the 30 trading days up to, but not including, the Exploration Milestone date. 7 Number of Barton shares calculated by reference to VWAP for the 30 trading days up to, but not including, the Production Benefit buyback date. Updated Company JORC Mineral Resources Statement Further to the MRE for the Wudinna Gold Project detailed in this announcement:* Authorised by the Board of Directors of Barton Gold Holdings Limited. For further information, please contact: Competent Persons Statements The information in this announcement that relates to the estimation and reporting of the gold Mineral Resource estimates for the Barns, Baggy Green and White Tank Deposits has been compiled by Mrs Christine Standing BSc Hons (Geology), MSc (Min Econs), MAusIMM, MAIG. Mrs Standing is a Member of the Australian Institute of Geoscientists and the Australian Institute of Mining and Metallurgy and is a full-time employee of Snowden Optiro (Optiro Pty Ltd) and has acted as an independent consultant. The information in this announcement that relates to the estimation and reporting of the gold Mineral Resource estimate for Clarke has been compiled by Ms Justine Tracey BSc Hons (Geology), MSc (Geostatistics), MAusIMM. Ms Tracey is a Member of the Australian Institute of Geoscientists and is a full-time employee of Snowden Optiro (Optiro Pty Ltd) and has acted as an independent consultant. Mrs Christine Standing and Ms Justine Tracey have sufficient experience with the style of mineralisation, deposit type under consideration and to the activities undertaken to qualify as Competent Persons as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (The JORC Code). Mrs Standing and Ms Tracey consent to the inclusion in this announcement of the contained technical information relating the Mineral Resource estimations in the form and context in which it appears. About Barton Gold Barton Gold is an ASX, OTCQB and Frankfurt Stock Exchange listed Australian gold developer targeting future gold production of 150,000ozpa with 2.1Moz Au & 3.1Moz Ag JORC Mineral Resources (78.9Mt @ 0.85 g/t Au), brownfield mines, and 100% ownership of the region's only gold mill in the renowned Gawler Craton of South Australia. Competent Persons Statement & Previously Reported Information The information in this announcement that relates to the historic Exploration Results and Mineral Resources as listed in the table below is based on, and fairly represents, information and supporting documentation prepared by the Competent Person whose name appears in the same row, who is an employee of or independent consultant to the Company and is a Member or Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), Australian Institute of Geoscientists (AIG) or a Recognised Professional Organisation (RPO). Each person named in the table below has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he has undertaken to quality as a Competent Person as defined in the JORC Code 2012 (JORC). The information relating to historic Exploration Results and Mineral Resources in this announcement is extracted from the Company's Prospectus dated 14 May 2021 or as otherwise noted in this announcement, available from the Company's website at or on the ASX website The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results and Mineral Resource information included in previous announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates, and any production targets and forecast financial information derived from the production targets, continue to apply and have not materially changed. The Company confirms that the form and context in which the applicable Competent Persons' findings are presented have not been materially modified from the previous announcements. Cautionary Statement Regarding Forward-Looking Information This document may contain forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as 'seek', 'anticipate', 'believe', 'plan', 'expect', 'target' and 'intend' and statements than an event or result 'may', 'will', 'should', 'would', 'could', or 'might' occur or be achieved and other similar expressions. Forward-looking information is subject to business, legal and economic risks and uncertainties and other factors that could cause actual results to differ materially from those contained in forward-looking statements. Such factors include, among other things, risks relating to property interests, the global economic climate, commodity prices, sovereign and legal risks, and environmental risks. Forward-looking statements are based upon estimates and opinions at the date the statements are made. Barton undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained herein. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense, net income and performance) are based upon the best judgment of Barton from information available as of the date of this document. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material. Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. Any reliance placed by the reader on this document, or on any forward-looking statement contained in or referred to in this document will be solely at the readers own risk, and readers are cautioned not to place undue reliance on forward-looking statements due to the inherent uncertainty thereof. * Refer to Barton Prospectus dated 14 May 2021 and ASX announcement dated 25 July 2025. Total Barton JORC (2012) Mineral Resources include 1,049koz Au (39.7Mt @ 0.82 g/t Au) in Indicated category and 1,095koz Au (39.2Mt @ 0.87 g/t Au) in Inferred category, and 3,070koz Ag (34.5Mt @ 2.80 g/t Ag) in Inferred category as a subset of Tunkillia gold JORC (2012) Mineral Resources. Cautionary Statement RegardingWudinna Gold Project MRE The resource estimates contained herein were prepared in accordance with the JORC (2012) Code by the Competent Persons for Cobra Resource PLC in 2023. The information has not materially changed since it was last reported. Nothing causes Barton to question the accuracy or reliability of the Competent Persons estimates. Barton accepts the quoted estimates and the Competent Persons view that the resource classification appropriately reflects the deposit's knowledge level. It is possible that following evaluation and/or further exploration work the currently reported estimates may materially change and hence need to be reported afresh under and in accordance with the JORC (2012) Code. Barton has not independently validated the former owner's estimates and is not to be regarded as reporting, adopting, or endorsing those estimates. Full disclosures are required to comply with ASX's 'Mining Report Rules for Mining Entities: See Frequently Asked Questions' FAQ 37 (Appendix 1) . APPENDIX 1 Additional Information in terms of ASX Mining FAQ 37 regarding the Wudinna Gold Project MRE. This material has also been previously published by Barton - refer to ASX announcement dated 2 July 2025. press release
Forbes
19 hours ago
- Entertainment
- Forbes
GI JOE And Cobra Battle Around The World In Latest Risk Kickstarter
Two Hasbro household names come together for the first time in Risk GI JOE Special Missions One of the best parts of playing with toys as a kid are the crossovers. This is how He-Man teams up with Michaelangelo to defeat Shredder or Barbie marries Luke Skywalker in a wedding suddenly broken up by Superman. Companies rarely risk such combinations but sometimes it's the most fun to pour out of the toybox. Renegade Game Studios has a big Kickstarter going on now that combines two big brands from my childhood. Risk GI JOE Special Missions lets players use the structure of the classic board game to play out the global conflict between GI JOE and Cobra. The company sent me an advanced prototype of the game to check out as part of the coverage for this article. How to Play Risk GI JOE Special Missions Risk GI JOE Special Missions is a 2-4 player game where players take on the role of commanders battling around the world. In two and four player games, each side plays either a GI JOE or Cobra faction. In a three player game, two players play GI JOE against Cobra who starts out with more resources. Players select one of five scenario cards. These give different objectives for each side and are the main way to gain objective points which win the game. Many of these are based on classic GI JOE storylines such as claiming the M.A.S.S. Device. There are also objective cards that, when accomplished, gain objective points. This is the classic gameplay element of taking specific territories lives. Battles occur with different units in the game that reflect classic vehicles like Rattlers and Wolverines. FEATURED | Frase ByForbes™ Unscramble The Anagram To Reveal The Phrase Pinpoint By Linkedin Guess The Category Queens By Linkedin Crown Each Region Crossclimb By Linkedin Unlock A Trivia Ladder Each player also starts with a leader such as Snake Eyes or Cobra Commander. These leaders give a passive bonus as well as an action that's powered by command points. Kickstarter backers get an expansion pack that features more famous characters to play. What's Different About Risk GI JOE Special Missions? While the game uses the classic framework of Risk, it differs from the original game in a few ways. Sometimes when a game is paired with an IP, it's just a cosmetic change. That's not the case with Risk GI JOE Special Missions. In original Risk, the different pieces are a shorthand for how many armies are in a territory. The pieces here are different unit types with different bonuses and abilities. Air units, for example, can move through occupied territories. Units are also not permanently lost. They can be rebuilt and cycle back into play through the faction track. This mimics the feel of the classic cartoon where lasers were flying everywhere and vehicles blew up all the time but nobody ever seemed to get hurt. The game also uses an action card system. This has been seen in a few other Risk variants but it helps speed up play. Each player plays a certain amount of actions in their turn, the round ends and after three rounds the game is over. Risk GI JOE Special Missions Impressions I am always a little skeptical of board games that adapt one of the classics. Risk GI JOE Special Missions kept the things I liked about the original game while also adding in elements that changed up the experience. It's a solid balance between a new game and one everyone knows. The limited number of rounds addresses one of my issues with old school board games. Those games would drag on forever rather than have a clear winner or loser. With two phases over three rounds, things get fast and brutal. There's no time to hoard armies in Australia. I like how the game leaned towards the classic 80s cartoon. GIJOE is an IP that can bend between serious and silly. The cartoon is often silly but playing through games with things like the USS Flagg and Serpentor really hit what I love about the setting. I hope that there are expansions planned with more personalities and vehicles. They offer interesting wrinkles to the game play and also let players show their love for specific characters. I wouldn't mind miniature packs for the personalities rather than the tokens in the base game, either. Risk GI JOE Special Missions is on Kickstarter through August 14th, 2025. The game is expected to be released to backers in Q2 of 2026. Retail release is expected shortly thereafter.
ITV News
a day ago
- Health
- ITV News
Northern Ireland's chief medical officer rejects underplaying seriousness of Coronavirus pandemic
Northern Ireland's chief medical officer has rejected a claim that there was an 'air of unreality' at the start of the coronavirus pandemic. Sir Michael McBride said he 'failed to understand' the comments made by Eddie Lynch, the former commissioner for older people for Northern Ireland. The exchange came during Sir Michael's final appearance at the UK Covid-19 Inquiry on Thursday. The long-running inquiry is currently looking at adult and residential care as part of its scrutiny of the response to the pandemic. It was put to Sir Michael that during a meeting in March 2020, Mr Lynch felt there was an 'an air of unreality', that scenes from Italy of old people dying, 'won't happen here'. Sir Michael said: 'I fail to understand those comments if I'm really honest.' He said it related to a meeting on March 13, which he described as 'part of a series of meetings which reflected the seriousness of the impending situation'. 'So in that series of meetings that day, I met with all the trade unions, I met with primary care representatives and secondary care representatives. 'I met with the Department of Communities and Local Government, and explained the evolving situation and the seriousness of this. 'This was about communicating to the system in Northern Ireland, not just health and social care, but right across other government departments as well, what we were about to face into. 'So I really don't understand any sense of unreality or lack of urgency.' He said he met Health and Social Care on February 11 and asked them to draw up plans for a surge, which he said he was 'fully anticipating', and had been attending meetings of Cobra, with the UK Government and Sage (Scientific Advisory Group for Emergencies). 'There was no sense of unreality in terms of what we were facing into at all,' he said. 'Within days, we had introduced, on March 16, social distancing, working from home, advising people not to go to pubs and restaurants. 'So I really don't understand that reflection.' Sir Michael also spoke about a shortage of Covid tests. It was put to him that in the first interim protocol for testing, which came out on March 19, frontline clinical workers were included in the priority for being tested, but not care home workers. He said: 'Frankly, we didn't have enough tests. It was simply that. 'We had just moved from the contain to the delay phase on March 12. 'We had stopped contact tracing because we didn't have enough tests to continue that, and we had to prioritise what tests we had for those people who were in hospital, either requiring ventilation like pneumonia. 'The management tried to protect individuals who may have been in contact with them in hospital, and to ensure that we were able to support those staff who were providing care for them, so it wasn't anything other than the fact we simply did not have the tests that we needed.' Inquiry chairwoman Baroness Heather Hallett thanked Sir Michael for his evidence. 'Whatever findings I make, I don't think anybody disputes how much pressure you and your colleagues were under and the efforts you went to to try and protect as many people as possible. 'So thank you very much for what you did, and thank you very much for your help with the inquiry.'
Glasgow Times
a day ago
- Health
- Glasgow Times
NI chief medical officer rejects claim of ‘air of unreality' at pandemic's start
Sir Michael McBride said he 'failed to understand' the comments made by Eddie Lynch, the former commissioner for older people for Northern Ireland. The exchange came during Sir Michael's final appearance at the UK Covid-19 Inquiry on Thursday. The long-running inquiry is currently looking at adult and residential care as part of its scrutiny of the response to the pandemic. It was put to Sir Michael that during a meeting in March 2020, Mr Lynch felt there was an 'an air of unreality', that scenes from Italy of old people dying, 'won't happen here'. Sir Michael said: 'I fail to understand those comments if I'm really honest.' He said it related to a meeting on March 13, which he described as 'part of a series of meetings which reflected the seriousness of the impending situation'. 'So in that series of meetings that day, I met with all the trade unions, I met with primary care representatives and secondary care representatives. 'I met with the Department of Communities and Local Government, and explained the evolving situation and the seriousness of this. 'This was about communicating to the system in Northern Ireland, not just health and social care, but right across other government departments as well, what we were about to face into. 'So I really don't understand any sense of unreality or lack of urgency.' Eddie Lynch, former commissioner for older people for Northern Ireland. He said he met Health and Social Care on February 11 and asked them to draw up plans for a surge, which he said he was 'fully anticipating', and had been attending meetings of Cobra, with the UK Government and Sage (Scientific Advisory Group for Emergencies). 'There was no sense of unreality in terms of what we were facing into at all,' he said. 'Within days, we had introduced, on March 16, social distancing, working from home, advising people not to go to pubs and restaurants. 'So I really don't understand that reflection.' Sir Michael also spoke about a shortage of Covid tests. It was put to him that in the first interim protocol for testing, which came out on March 19, frontline clinical workers were included in the priority for being tested, but not care home workers. He said: 'Frankly, we didn't have enough tests. It was simply that. 'We had just moved from the contain to the delay phase on March 12. 'We had stopped contact tracing because we didn't have enough tests to continue that, and we had to prioritise what tests we had for those people who were in hospital, either requiring ventilation like pneumonia. 'The management tried to protect individuals who may have been in contact with them in hospital, and to ensure that we were able to support those staff who were providing care for them, so it wasn't anything other than the fact we simply did not have the tests that we needed.' Inquiry chairwoman Baroness Heather Hallett thanked Sir Michael for his evidence. 'Whatever findings I make, I don't think anybody disputes how much pressure you and your colleagues were under and the efforts you went to to try and protect as many people as possible. 'So thank you very much for what you did, and thank you very much for your help with the inquiry.'
Leader Live
a day ago
- Health
- Leader Live
NI chief medical officer rejects claim of ‘air of unreality' at pandemic's start
Sir Michael McBride said he 'failed to understand' the comments made by Eddie Lynch, the former commissioner for older people for Northern Ireland. The exchange came during Sir Michael's final appearance at the UK Covid-19 Inquiry on Thursday. The long-running inquiry is currently looking at adult and residential care as part of its scrutiny of the response to the pandemic. It was put to Sir Michael that during a meeting in March 2020, Mr Lynch felt there was an 'an air of unreality', that scenes from Italy of old people dying, 'won't happen here'. Sir Michael said: 'I fail to understand those comments if I'm really honest.' He said it related to a meeting on March 13, which he described as 'part of a series of meetings which reflected the seriousness of the impending situation'. 'So in that series of meetings that day, I met with all the trade unions, I met with primary care representatives and secondary care representatives. 'I met with the Department of Communities and Local Government, and explained the evolving situation and the seriousness of this. 'This was about communicating to the system in Northern Ireland, not just health and social care, but right across other government departments as well, what we were about to face into. 'So I really don't understand any sense of unreality or lack of urgency.' He said he met Health and Social Care on February 11 and asked them to draw up plans for a surge, which he said he was 'fully anticipating', and had been attending meetings of Cobra, with the UK Government and Sage (Scientific Advisory Group for Emergencies). 'There was no sense of unreality in terms of what we were facing into at all,' he said. 'Within days, we had introduced, on March 16, social distancing, working from home, advising people not to go to pubs and restaurants. 'So I really don't understand that reflection.' Sir Michael also spoke about a shortage of Covid tests. It was put to him that in the first interim protocol for testing, which came out on March 19, frontline clinical workers were included in the priority for being tested, but not care home workers. He said: 'Frankly, we didn't have enough tests. It was simply that. 'We had just moved from the contain to the delay phase on March 12. 'We had stopped contact tracing because we didn't have enough tests to continue that, and we had to prioritise what tests we had for those people who were in hospital, either requiring ventilation like pneumonia. 'The management tried to protect individuals who may have been in contact with them in hospital, and to ensure that we were able to support those staff who were providing care for them, so it wasn't anything other than the fact we simply did not have the tests that we needed.' Inquiry chairwoman Baroness Heather Hallett thanked Sir Michael for his evidence. 'Whatever findings I make, I don't think anybody disputes how much pressure you and your colleagues were under and the efforts you went to to try and protect as many people as possible. 'So thank you very much for what you did, and thank you very much for your help with the inquiry.'
