Revolver Resources

𝗘𝘅𝗰𝗲𝗹𝗹𝗲𝗻𝘁 𝗣𝗿𝗼𝗴𝗿𝗲𝘀𝘀 𝗮𝘁 𝘁𝗵𝗲 𝗗𝗶𝗮𝗻𝗻𝗲 𝗖𝗼𝗽𝗽𝗲𝗿 𝗠𝗶𝗻𝗲 𝗣𝗿𝗼𝗷𝗲𝗰𝘁   Revolver Resources is pleased to share the excellent results from our column leach testwork program for the Dianne Copper Mine Project in northwest Queensland. This six-month program, designed to replicate full-scale heap leach conditions, demonstrates the strong technical and economic potential of this project.   The initial testwork on oxide and transition materials from the Dianne Deposit has delivered copper recoveries exceeding 85% within the targeted residence timeframe of six to nine months. Under enhanced leach conditions, recovery rates reached or surpassed 85% in just four to five months, reinforcing the project’s operational efficiency. Additional key findings include low abrasion indices that minimise plant wear, low fines content (5-10%), excellent heap leach amenability and significantly lower acid consumption of 10-15 kg/t compared to typical Australian operations, which range from 20-40 kg/t.   With column leach testwork scheduled to conclude in Q4 2024 and final results expected in Q1 2025, the Dianne Project is advancing steadily toward a targeted Final Investment Decision in the coming months. Subject to funding, we are on track to achieve first copper cathode production in the second half of 2025.   Managing Director, Pat Williams, commented: “We are extremely pleased with the initial outcomes from the process and column leach testwork undertaken to date on various samples from the Dianne Deposit. To be on track to achieve our target recoveries and residence times in a standard leach environment, and then surpass them in an enhanced setting, is a strong validation of the technical and economic opportunity afforded to us by the Dianne Copper Mine Project.”   Read the full announcement here: https://bit.ly/3CXho4Q #RevolverResources #RRR #Copper #Exploration #Mining #ASX

Revolver Resources is pleased to share our latest investor presentation, which showcases our strategic path towards building a high-returning copper business. This presentation highlights our two outstanding district-scale copper projects: the Dianne Mine Project and the Osprey Project, both located in Queensland.   At the Dianne Mine Project, we are advancing a rapid pathway to copper production, unlocking value from one of Australia’s highest-grade copper assets. The Osprey Project offers large-scale exploration potential, targeting IOCG and Mt Isa-style deposits, supported by cutting-edge AI-assisted prospectivity modelling.   Read the full presentation here: https://bit.ly/3CZe8FN   Pat Williams #RevolverResources #RRR #Copper #Exploration #Mining #ASX

Revolver Resources is pleased to announce its Quarterly Activities Report for the period ending 30 September 2024, highlighting advancements at the Dianne Copper Mine Project and the Osprey Project, along with key corporate developments.   At the Dianne Copper Mine Project, we have executed a Memorandum of Understanding with a leading Asian investment consortium for 100% copper cathode offtake. This agreement establishes a framework for sourcing and supplying additional cathode products, also paving a potential non-dilutive path to fund the recommencement of production. Subject to financing, we remain on track for targeted first LME-grade copper cathode production in H2 2025.   At the Osprey Project, we have identified multiple high-priority targets through detailed litho-structural interpretation, indicating strong prospectivity for large-scale Mt-Isa-style epigenetic copper mineralisation. We are planning an artificial intelligence overlay and ground-based geophysical program for Q4 2024 to refine these targets, alongside ongoing discussions about potential new funding to accelerate exploration.   We have secured new short-term loan facility agreements totalling A$550,000 for immediate working capital. Additionally, we executed a A$3 million at-the-market equity facility agreement, delivering access to cost-effective standby equity capital over a multi-year term.   We invite all shareholders and stakeholders to read the full report for more insights into our activities and future plans: https://bit.ly/3BZhQPh Pat Williams #RevolverResources #RRR #Copper #Exploration #QuarterlyReport #Mining #ASX

The Dianne Project holds the distinction of being Australia’s highest-grade historic copper operation. We are leveraging this legacy as we transition towards commercialising our at-surface copper deposit there.   Over the past year, we have adopted a streamlined approach to capitalise on the opportunity presented by the Dianne Copper Deposit. Next year, we are targeting the construction and commissioning of a SX-EW facility, with first copper cathode planned for H2 2025.   In addition to our immediate production goals, we are exploring the regional prospectivity surrounding the Dianne Project. This has included acquiring additional tenements that reinforce our belief in the substantial mineral potential of this area.   Read our latest investor presentation for more details on our future plans: https://bit.ly/3XUKutm   #RevolverResources #RRR #Copper #DianneCopperMine 

Our 2024 Annual Report is now live, and we are pleased to share the progress we’ve made over the past year. As highlighted in the Chairman's Letter from Paul McKenna, it's been a productive year for Revolver Resources with significant advancements across our high-potential Queensland copper assets.   At our Osprey Project, exploration results from our reconnaissance diamond drilling and AI-assisted modelling have shown promising copper mineralisation. These results indicate proximity to a large-scale copper system, and we’ve identified high-priority IOCG targets that will be the focus of future exploration.   At the Dianne Project, our exploration program has revealed significant gold and copper-cobalt content. We're progressing toward recommencing mining at the historic Dianne Mine, with first copper cathode production targeted for 2025. Our pre-development feasibility workstreams are supported by a A$1.3 million grant from the Queensland Government, funding key engineering and processing studies.   Thank you to our shareholders, team and partners for your continued support. We invite you to read the full 2024 Annual Report and follow our progress as we move closer to becoming Australia’s next copper producer.   Read the full report here: https://bit.ly/3ZHwEMw   #RevolverResources #RRR #Copper #Exploration #AnnualReport #Mining #ASX

Copper use in solar panels is projected to rise from 400kt in 2021 to 1.6Mt by 2030. Each solar panel contains approximately 2.4kt of copper per gigawatt of capacity, making copper an essential element in solar PV technologies.   Copper's high conductivity, durability, and cost-effectiveness make it perfect for solar energy systems, which have an average life cycle of 25-30 years. As the world transitions to cleaner energy sources, copper’s role becomes increasingly vital.   At Revolver Resources, we are dedicated to advancing copper projects in Queensland to support this global shift towards sustainable energy 🌍   #RevovlerResources #RRR #Copper #SolarPanels #Copper #RenewableEnergy #Sustainability

We are pleased to announce the execution of new funding arrangements to support the ongoing advancement of the Dianne Copper Mine restart. Key highlights include:   ➡️ Convertible Note Facility Extinguished: No drawdown or share issuance occurred with Obsidian Global.  ➡️Short-Term Loan Facilities Secured: New agreements totaling A$550,000 to provide immediate working capital.  ➡️ At-The-Market Equity Facility: A$3 million standby equity arrangement secured with Alpha Investment Partners, offering cost-effective capital over a multi-year term.    These arrangements ensure Revolver is well-positioned as we advance towards key milestones, including: 🔹Dianne development finance initiatives, with recent MoU signed with China Copper Industry Investment Alliance.   🔹Final Investment Decision targeted for H2 2024.  🔹First LME-grade copper cathode production targeted in H2 2025.    Our Managing Director, Pat Williams commented:  “We have entered into these dual finance arrangements to deliver requisite working capital as we progress our broader project finance initiatives for the Dianne Copper Mine restart. The arrangements have been structured in a fashion designed to minimize shareholder dilution in the targeted event of successful timely progression of Dianne to development financing and production recommencement.   “We continue to advance commercial discussions with respect to predominantly asset/JV level funding of the Dianne restart – with targeted minimal or no direct dilution of Revolver shareholders. While these discussions are ongoing, definitive terms remain to be finalized.   “The Dianne Copper Mine restart represents a relatively low development risk, capital-lite production opportunity for Revolver. We are resolutely focused on its successful delivery over the next 12-18 months.”   Read the full announcement: https://bit.ly/3MGVd4a   #RevolverResources #RRR #Copper #DianneCopperMine 

The Queensland Critical Minerals and Battery Technology Fund is paving the way for a greener transport future by supporting critical mineral extraction and processing for electric vehicle batteries.   At Revolver Resources, we’re committed to contributing to this green transition. Our focus is on exploring and developing advanced copper projects in Queensland, a key component for the electrification of our world. We believe this surge in copper demand will be a significant growth phase in history.   Queensland Treasury   #RevovlerResources #RRR #Copper #DriveChange #WorldEVDay #CleanEnergy #GreenTransition

Our CEO, Pat Williams, recently presented at the Mines and Money 5@5 series where he provided insights into ‘Building a Great Copper Business’ focusing on our two outstanding district-scale copper projects: the Dianne Project and the Osprey Project.   Watch the recording here: https://bit.ly/4dRv52B   #RevolverResources #RRR #Copper #IMARC2024

Our Managing Director, Pat Williams is presenting at the Mines and Money 5@5 series tomorrow at 5pm (AEST). Secure your spot here ➡️ https://bit.ly/4dlrDwX Don't miss out on this free-to-attend webinar where we will share the latest updates on our projects alongside four other junior mining companies. #RevolverResources #RRR #Copper #Webinar #IMARC2024