Metals & Minerals News

Garfield sample results show potential for copper deposit

Golden Metal Resources plc’s rock sample results showed “extensive high-grade” copper, silver and gold mineralisation at the Garfield project within the Walker Lane mineral belt in Nevada, USA. EXTENSION Garfield lies within a north-south trending copper-gold porphyry/skarn belt, extending south from Hawthorne. Porphyry deposits are characterised by lower grade but bulk tonnage deposits and are “one of […]

Finance News Oil & Gas

Hartshead could sell further 20% of Anning-Somerville

Hartshead Resources NL has agreed an option to sell a further 20% in its licence P2607, in return for an uncapped free carry of gross costs for phase I project development. DE-RISKING The Australian company completed the original 60% farm-out deal in May with Viaro Energy Ltd’s subsidiary, RockRose Energy Ltd. Three months later it […]

Company Moves News Oil & Gas

Hartshead appoints Bevan Tarratt as chairman

Hartshead Resources NL has appointed non-executive chairman Bevan Tarratt as executive chairman, effective from 1 December. Mr Tarratt, who will be paid £1,000 per day exclusive of superannuation, has a background in corporate and financial services industries having worked for accounting and corporate broking firms for the past 15 years. Experienced in the recapitalisation, restructuring […]