Power Metal Resources plc reported “significant” uranium prospectivity and refinement of drill targets from radon gas sampling at two of its properties at Athabasca basin, Saskatchewan. LARGE TARGET During the 2023 field season at the Tait Hill’s Mullis Lake target, the company found “very significant uranium” anomalies of up to 164ppm in soil. The deposits are […]
Day: 23 December 2024
FCM granted more permits for Enable-McKellar
First Class Metals plc (FCM) has been granted further exploration permits for its Enable and McKellar properties from the Ontario Ministry of Mines. COLLABORATION The three-year permits are effective until 16 November 2026 and will allow stripping, trail cutting and diamond drilling. Enable, with proven mineralisation and historical showings including Perch Lake reporting 1.85ppm gold, will […]
Oriole signs non-binding Bibemi-Mbe earn-ins
Oriole Resources plc has signed two non-binding heads of terms with BCM International Ltd for earn-ins at the company’s Mbe and Bibemi orogenic gold licences in Cameroon. MBE The transactions, for up to 50% interest in each licence with the Ghana-based mining and civil contractor, are expected to be executed before the end of the […]
Kavango awards 48m share options
Kavango Resources plc has granted 48 million share options to directors and persons discharging managerial duties and 20m to its key consultants. Both sets of options are exercisable at a price of 1.1 pence per ordinary share for a period of seven years, with the consultant options vesting in phases over 24 months. Non-executive chairman […]