Caerus Mineral Resources plc said that due diligence scout drilling had intersected significant gold oxide and copper-gold sulphide mineralisation at shallow depth on the Pano Lefkara licence in Cyprus. DRILL READY Drilling aims to confirm the results derived from historic exploration and ahead of starting a more detailed programme of work. Caerus has defined for […]
Day: 15 November 2024
Cora nears new MRE with 11th set of drill results
Cora Gold Ltd is nearing a revised mineral resource estimate as it announced the eleventh set of drill results from its largest ever drilling campaign at its Sanankoro gold project in southern Mali. RESULTS The company is targeting resource growth as well as infill drilling to convert existing inferred resources to the indicated category. SELIN […]
Power Metal confirms large gold-in-soil anomaly at Tati
Power Metal Resources plc confirmed a large scale gold-in-soil anomaly at the Tati project located in the Tati greenstone belt near Francistown, Botswana. RESULTS The gold anomaly at the Sikukwe Zone was confirmed following laboratory assay testing results of soil and rock samples collected during the company’s Phase I exploration programme. The second batch of samples, including […]
Altus expects $1m from Caserones copper mine
Altus Strategies plc said it expected to receive more than US$1 million for its first royalty income payment this month, from its 0.418% net smelter return royalty interest on the Caserones copper mine in Chile. PRICES The royalty, before tax, is for the quarter ending 30 June 2021. The company said that, due to strong […]
Caerus notes completion of on-site review at Cyprus
Caerus Mineral Resources plc said an on-site review had been completed as part of its option agreement and proposed joint venture for metallurgical processing and metal recovery at its Cyprus portfolio. PORTFOLIO Caerus’s brownfield licence portfolio comprises numerous former producing mines and associated surface materials, together with sulphide potential. The company’s hopes to further the agreements […]
Tertiary appoints Patrick Cullen as managing director
Tertiary Minerals plc has appointed Patrick Cullen as managing director with immediate effect. Mr Cullen is a mineral exploration executive with a strong technical background in geology, geophysics and mining and has led multi-disciplinary teams across Southern Africa and Europe. Most recently, he was chief executive officer at Arkle Resources plc, exploring for gold and […]