Metals & Minerals News

Power Metal to confirm Tati gold-bearing system

Power Metal Resources plc said its 2023 exploration programme aimed to confirm a large gold-bearing system on its 100% owned and operated Tati gold project near Francistown in Botswana. PROGRAMME The company has started exploration activities which will also include the delineation of a deposit in the 8km long gold-in-soil anomaly. Work involves 500-metre mechanised trenching, […]

Metals & Minerals News

FCM identifies Dead Otter Lake trend

First Class Metals plc said it had identified a gold and molybdenum anomalous trend more than 3km long on its North Hemlo property in Ontario, Canada. FOCUS The trend lies to the southeast of the historic Dead Otter Lake occurrence where sampling extended mineralisation to the southeast with assays including an “incredible” 19.6 g/t gold. […]

Metals & Minerals News

Cadence expects increased value with Evergreen listing

Cadence Minerals plc expects to see increased value for its portfolio of assets as its investee lithium company nears the start of trading in Australia. EVERGREEN The company today said that Evergreen Lithium Ltd had filed its prospectus with the Australian Securities & Investments Commission and the Australian Stock Exchange. Cadence owns approximately 15.8 million […]

Metals & Minerals News

Caerus signs sale of Cyprus copper-gold assets

Caerus Mineral Resources plc has signed the share purchase agreement (SPA) for the sale of its copper-gold subsidiaries in Cyprus. TERMS The transaction includes payment in cash from purchasers PM Ploutonic Metals Ltd and Indo-European Mining PR Ltd to Caerus of US$528,001 in stages. Closing of the deal will occur once Caerus has received the first […]