Chesterfield Resources plc has signed a new agreement to sell full ownership and rights over its Adeline copper project in Canada. TERMS The company had previously signed a conditional deal with Pacton Gold Inc which withdrew because of the “immense size” of the project. Today’s announced agreement will see Sterling Metals purchase an option for […]
Day: 15 November 2024
Cornish Metals progresses mine water treatment plant
Cornish Metals Inc said it had made “very good progress” over the last eight months towards the start of tin production in 2026 at South Crofty mine in Cornwall. DISCHARGE The Canadian company has been working on the mine water treatment plant (WTP) along with continuing its drilling campaign. The WTP is designed to treat […]
Conroy results show intersection extends 40m at 1.2g/t gold on Clay Lake JV target
Conroy Gold and Natural Resources plc assays showed a gold intersection extending 40.5m at 1.2 g/t gold on the Clay Lake target in County Armagh, Northern Ireland. CONTINUITY The results are from the first of an eight-hole step-out drilling programme for 2,000 metres on the Derryhennet section conducted with joint venture partner (JV) Demir Export […]
GreenRoc signs MoU for Amitsoq graphite mine and financing
GreenRoc Mining plc has signed a memorandum of understanding (MoU) to explore civil, mining and/or logistics work and commercial opportunities for the Amitsoq graphite project in southern Greenland. MINE CONSTRUCTION The company signed the MoU with construction and mining group Leonhard Nilsen & Sønner A/S (LNS) which is the potential sub-contractor during the construction and […]
GreenRoc Mining raises £550,000 via placing
GreenRoc Mining plc has raised £550,000 by placing 15,714,287 new ordinary shares of 0.1 pence each at a price of 3.5 pence per placing share. Following the issue of the placing shares, the company’s total issued share capital will be 134,314,288 ordinary shares of 0.1 pence each, with voting rights. USES GreenRoc will use net […]
Predator receives £79,500 via Optiva warrant exercise
Predator Oil & Gas Holdings plc has received £79,500 following notice from Optiva Securities Ltd to exercise 2,035,714 warrants. A total of 1,875,000 of the warrants are exercisable at 4 pence per share and 160,714 warrants are exercisable at 2.8 pence per share. Predator issued to Optiva a total 2,035,714 new ordinary shares, and now has […]