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07/21/14 - A$0.02
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overland resources ltd (OVR) Details

Overland Resources Limited explores for and develops mineral deposits. The company primarily explores for zinc, lead, copper, and gold ores. It holds interest in the Yukon Base Metal Project comprising approximately 1,550 mineral claims covering an area of approximately 305 km2 located in the Selwyn Basin of the Yukon Territory, Canada. The company is headquartered in Subiaco, Australia.

overland resources ltd (OVR) Top Compensated Officers

Managing Director and Director
Total Annual Compensation: --
Chief Financial Officer and Company Secretary
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

overland resources ltd (OVR) Key Developments

Overland Resources Limited Receives High Grade Gold Results from Overland Resources at Rio Negro Project, Colombia

Overland Resources Limited has released final assay results from its initial work program at the Rio Negro Project located in the Santander Department of the Republic of Colombia. High grade gold assay results occur in two distinct areas within the Project area. At the northern end of the Project area outcrop/subcrop rock samples collected by the Company within an area 500 metres by 750 metres returned assay results up to 7.93 ppm Au. These anomalous rock results coincide with a zone of silica-sericite and potassic feldspar alteration, together with quartz vein stock-working - indicative of intrusive related, possibly porphyrytic, activity. Outcrop/subcrop rock chip samples collected from a second area (approximately 1,000 metres by 1,000 metres) located directly to the east of the town of Rio Negro returned a number of highly anomalous gold geochemistry results, the higher of which was 19.95 ppm Au. This confirms the high prospectivity of an area previously identified by Colombian Mines Corporation, where to date only mapping and selective rock-chip sampling has been undertaken. A total of 56 selected outcrop/subcrop samples were collected during this initial program. Located along the strike of the Bucaramanga fault zone and almost equi-distant between the two high grade areas, a third smaller zone (approximately 100 metres by 200 metres) has also been identified. Assay results from this area indicate gold bearing fluids have been active in this area however the Company is yet to obtain samples with gold grades of similar tenor to the higher grade zones. The Rio Negro Project is comprised of three (3) contiguous concession contracts together with three (3) pending concession applications, with a total combined area of approximately 2,245 hectares covering approximately 17.5 kilometers of strike length along the highly prospective Bucaramunga Fault Zone in north-eastern Colombia, 20 kilometers north of Bucaramanga. The Project is interpreted to lie at the intersection of the deep seated Bucaramunga Fault Zone and other oblique north-east trending structures that hosts the 10 Moz Au Angostura and the 3.5 Moz Au La Bodega deposits in the California gold fields of Colombia.

Overland Resources Limited, Annual General Meeting, Nov 27, 2013

Overland Resources Limited, Annual General Meeting, Nov 27, 2013., at 14:00 W. Australia Standard Time. Location: Hay Room, BDO. Agenda: To receive and consider the annual financial report of the company for the financial year ended 30 June 2013 together with the declaration of the directors, the director's report, the remuneration report and the auditor's report; to adopt remuneration report; to re-elect director David Oestreich; to re-elect director Michael Haynes; to approve 10% placement capacity; and to appoint auditor to fill vacancy.

Overland Resources Limited Appoints David Oestreich as Non-Executive Director

Overland Resources Limited to advise that Mr. David Oestreich has been appointed a Non-Executive Director of the company. Mr. Oestreich is currently employed by GlencoreXstrata. Mr. Oestreich is a qualified Chartered Accountant with over 14 years experience in finance roles in Australia and the United Kingdom, including senior roles with Chartered Accountants, Deloitte and Anglo American plc.


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