Convergent Minerals (CVG)

Shares / Stock Code

CVG

Stock Exchange / Sharemarket

Australian Securities Exchange

Convergent Minerals Limited (CVG) is an explorer, acquirer and exploiter of gold and uranium resources in Australia. CVG is a single project company which has a key project knwon as the Steam Engine Project in the Woolgar Goldfield in Queensland. CVG was listed on the ASX on 22 December 2006.

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. On November 9, 2008, Convergent Minerals Limited acquired 99.9% interest of Montague Resources Australia Pty Ltd.

Convergent Minerals owns 100% of the Bounty Gold Project, and with an existing resource base, significant infrastructure in place, and an extensive exploration database with numerous targets to follow up, Bounty represents a golden opportunity. Through the reevaluation of existing JORC resources, Convergent aims to be a near- to mid-term gold producer, with the potential to significantly expand the resource base via ongoing exploration of the highly prospective ground holdings. In addition, the Company has recently acquired the nickel rights throughout the tenement package, which is situated within the Southern Cross (Forrestania) greenstone belt; a proven nickel district.

Convergent Minerals (CVG) Products and Services

  • Exploration for gold, uranium and nickel

Convergent Minerals (CVG) Locations and Subsidiaries

Convergent Minerals Head Office
Ground Floor, 33 Collns Street,
WEST PERTH, WA 6005
Phone: (08) 9226 1100
Fax: (08) 9226 2299

Convergent Minerals (CVG) Share Price

Submitted by ASX Listed Company on 13 March, 2010 - 00:42

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