Power Metal Resources plc has conditionally sold its second uranium property of E-12, immediately south of the Athabasca Basin in Northern Saskatchewan, Canada. TEATHERS The 13km2 property is under acquisition by Teathers Financial plc, subject to its listing by 31 December 2022. Teathers will pay £250,000 in 20,142,853 new ordinary shares of 0.1p each at an issue price of 1.24114 pence, and […]
Month: November 2024
Neptune spuds Calypso exploration well
Neptune Energy has started drilling on the Calypso exploration well within the Neptune-operated PL938 licence in the Norwegian Sea. CALYPSO PROSPECT The Calypso prospect lies 14km northwest of the Draugen field and 22km northeast of the Njord A platform, within one of the company’s core areas on the Norwegian continental shelf. Neptune said that in […]
Tertiary agrees majority share in Jacks copper
Tertiary Minerals plc’s 96% owned Zambian subsidiary, Tertiary Minerals (Zambia) Ltd (TMZ), has agreed a full joint venture for the Jacks copper exploration project in Zambia. FURTHER LICENCES The move follows the option agreement in August 2021 between TMZ (formerly Luangwa Minerals Ltd) and Mwashia Resorces Ltd over licence 27069-HQ-LEL. The new agreement will result […]
Teathers appointment of director Benjamin Turney ends
Teathers Financial plc’s appointment of Matthew Benjamin Turney as a director has been terminated. Companies House recorded the change effective from 3 November 2022. Mr Turney was first appointed on 13 November 2020.
Power Metal intersects bonanza-high grade gold at Tati
Power Metal Resources plc has intersected bonanza and high grade gold from its drilling programme at the Tati project within the Tati greenstone belt near Francistown, Botswana. TATI In April, the owner-operator extended its licence area to cover the formerly producing Cherished Hope gold mine and a large gold-in-soil anomaly. During the August, drilling began on nine […]
Horizonte awards services contract for Araguaia
Horizonte Minerals plc has chosen MIP Engenharia and Milplan Engenharia to provide the electro-mechanical installation services at its 100%-owned Araguaia nickel project in Brazil. SPEND The appointments take the level of committed spend to more than US$400m, with a workforce already mobilising to begin furnace assembly activities on site. Chief executive Jeremy Martin added that […]