Helium One Global Ltd said it had mobilised a drilling rig and equipment from Tanzania and Mozambique ahead of drilling in May at its Rukwa project in Tanzania. The company also announced that its ordinary shares have today started publicly cross-trading on the US OTCQB Venture Market. PREPARATIONS The rig and equipment has been moved […]
Month: November 2024
Horizonte awards ESIA for Vermelho nickel-cobalt
Horizonte Minerals plc has awarded the environmental and social impact assessment (ESIA) contract to Ramboll for the company’s 100% owned nickel-cobalt Vermelho project in Brazil. The ESIA will form part of the process to obtain permits for Vermelho and is expected to lead to the award of the preliminary licence. The integrated ESIA will reflect […]
Condor Gold notes high grade drill results in La India starter pits
Condor Gold plc reported high grade intersects with the completion of infill drilling in the starter pits at La India gold project, Nicaragua. Condor said it intended to mine them early to quicken the payback period and enhance the project’s economics. The two planned high-grade starter pits (up to 35 metres deep) were drill tested […]
Power Metal raises £26,250 through warrant exercise
Power Metal Resources plc has received £26,250 after receiving notices to exercise warrants over 3,750,000 new ordinary shares of 0.1 pence each in the company (warrant shares). The warrant shares are being issued pursuant to the exercise of 3,750,000 warrants at an exercise price of 0.7 pence per ordinary share of 0.1 pence each in […]
Power Metal agrees Paterson acquisition
Power Metal Resources plc has agreed to a 75% strategic interest in a UK special acquisition vehicle which will acquire outright copper-gold focused First Development Resources (Pty) Ltd (FDR Australia) in Western Australia. EXPLORATION VEHICLE FDR Australia’s interests lie in the Paterson Province in the eastern Pilbara region. In January 2021, Power Metal secured an […]
Alba’s Amitsoq graphite is suitable for lithium-ion batteries
Alba Mineral Resources plc announced that the graphite at its 90%-owned Amitsoq project in southern Greenland is acceptable for lithium-ion batteries (LIBs). Results of purification test work confirmed the suitability of Amitsoq graphite which can be floated to grades above 95%. Alba added that the particle size distribution was also suitable, the bulk density was […]