News
Aurelia reports promising results Aurelia Metals has recently announced promising results from four recent Induced Polarisation (IP) surveys conducted in the Nymagee district. The surveys have revealed what the company has described as “exciting anomalies in the next step to a new polymetallic discovery”. “All four prospects – Lyell-Burge Trig, Piney, Vaucluse and Lancelot – contain high chargeability levels, including 90 millivolts per volt (mV/V) at Lancelot where levels of 10-15mV/V warrant drill testing,” the company has reported on their website. “The results at Lancelot are especially intriguing and have significantly upgraded its mineral prospectivity and advanced the prospect through Aurelia’s exploration pipeline.” Aurelia reports the surveys have fast-tracked
their target definition process. “Fine-spaced soil sampling is planned for all four prospects in the June quarter followed by drill testing if results are favourable,” the company reports. Interim Chief Executive Officer, Andrew Graham commented on the IP Survey results. “We continue to invest in our extensive exploration portfolio because we strongly believe there is high prospectivity for multiple deposits like Federation just waiting to be discovered,” Mr Graham said. “With another 39 explorations prospects in the Nymagee District displaying confirmed physical mineral occurrences or alteration systems, we look forward to turning this tenement package into a source of substantial value for our shareholders.”
Strong increase in rural land values Land values in the Western NSW Region have jumped over the past year with rural land values showing an overall strong increase of 35.9 per cent between July 2021 and July 2022. The increase in rural land values, along with a 22.4 per cent increase in residential land, a 23.1 per cent rise in commercial land and a 10.4 per cent growth in industrial land value, has been reported by the NSW Valuer General. The total land value for the Western Region local government areas of Balranald, Bogan, Bourke, Brewarrina, Broken Hill, Central Darling, Cobar and Wentworth has increased by 33.1 per cent over the year from a value of $5.4 billion to $7.2 billion. The land values reflect the value of land only, as at July 1, 2022. It does not include the value of a home or other structure. The strong increase in rural land value has been based on a strong demand for large rural land with farming potential as overall confidence in the rural property market remained high.
Small rural recreational holdings located near town centres also saw increased demand with more purchasers seeking lifestyle changes. The Valuer General advises property sales are the most important factor valuers consider when determining land values. The new land values will be used by Revenue NSW to calculate land tax for the 2023 land tax year. Registered land tax clients will receive their land tax assessment from Revenue NSW from January 2023. Councils receive new land values for rating at least every three years. Land values are one factor used by councils to calculate rates. Councils have been issued with the July 1, 2022 land values. Landholders will receive a Notice of Valuation showing their land value before it is used by council for rating. Notices will be issued from January 2023. This gives landholders time to consider their land value. The latest land values for all properties in NSW and other related information are available at the NSW Valuer General website, www.valuergeneral.nsw.gov.au.
Thinking about a career in security? Cobar’s pubs and clubs desperately need licensed security officers to work in their venues. There’s currently a big need right across NSW which has been recognised by the NSW Government who are currently providing free security training as part of its NSW Jobtrainer program. The Cobar Liquor Accord is planning to bring a trainer to Cobar in March to conduct the course over 11 days. (The course has been modified—it usually runs over 21 days). As part of the course, participants will learn to keep people safe in places such as festivals, concerts and sporting events, shopping centres and work sites, anywhere people come and go. The course also covers first aid and emergency response along with training in communication equipment. The security industry can provide a range of career possibilities and, with experience and further training, participants could find future work in roles such as: a Close Personal protection/bodyguard, guard dog handler, armed guard, security supervisor/operations manager/compliance manager/consultant advisor/ equipment specialist/trainer, airport security officer or a private investigator. Cobar Bowling & Golf Club secretary/ manager Jason Howell said it would be of great benefit to local venues to have licensed security officers who are based in Cobar. “It will not only bring our bottom line costs down, it means money is staying here in Cobar and we’re not having to hire security from Sydney or from wherever we can get them which means extra costs in travel, accommodation and meals on top of their wages. “Anybody that wants to have public entertainment in Cobar would benefit from it— schools, the council, the mines and community groups,” Mr Howell said. See advertisement on this page for details of the security operations course.
Thief to face a Cobar court
A man recently arrested for rural theft in Nyngan is to appear at Cobar Local Court next week. Officers from the Rural Crime Prevention Team charged a man following an incident on a rural property at Miandetta near Nyngan on January 14. Police received a report that a window of a Mitsubishi Triton had been smashed and a spotlight from the vehicle was stolen, between 2am and 12pm, while parked on a property off the Barrier Highway. Following their investigations, Police officers attended a residence in Nyngan on January 16 and arrested a 21-year-old male over the incident. He was taken to Nyngan Police Station and charged with enter building/land with intent commit indictable offence and larceny value <= $2000. Rural Crime Investigators suspect there are others involved and investigations are continuing into this incident and other offences across the Central North Police District. They are appealing to anyone with information about this crime or other rural crimes to contact the Rural Crime Prevention Team, local police or Crime Stoppers. Page 6 The Cobar Weekly Wednesday January 25, 2023
