First Class Metals plc (FCM) has discovered high grade nickel sulphide at its earn in/joint venture (JV) project at Pickle Lake within the Schreiber-Hemlo region, Ontario, Canada. JOINT VENTURE The project comprises 33 single cell mining claims over which Palladium One has the option to earn-in to an 80% interest subject to a three-year work programme. The JV sits […]
Day: 15 November 2024
Cornish Lithium awarded further grant for Trelavour
Cornish Lithium Ltd has secured additional government funding to help develop its hard rock lithium project at Trelavour near St Austell, Cornwall. GRANT The undisclosed sum of money is from Innovate UK through the automotive transformation fund (ATF)’s scale up readiness validation competition (SuRV). Cornish Lithium will use the grant to construct a hydrometallurgical section […]
Union Jack posts transformative half-year results
Union Jack Oil plc reported a transformative six months of the year with its inaugural profits attributed to the Wressle joint venture onshore oil and gas project in Lincolnshire. FINANCES The company’s unaudited results for the half year ended 30 June 2022 showed revenues soared to £4,384,254 (H1 2021: 241,467). Gross profit swung to a […]
Prospex Energy receives £100,000 via warrant exercise
Prospex Energy plc received £100,000.02 following notice for the exercise of warrants to subscribe for 3,333,334 new ordinary shares of 0.1p, each for 3 pence. The warrants, issued pursuant to a warrant agreement dated 23 February 2022, relate to a placing in March 2021. Following admission there will be a total of 260,026,699 ordinary […]