First Class Metals plc (FCM) said that soil sampling and rock-grab results showed possible new structures at its Zigzag property in northwest Ontario. STRUCTURES Taken last year, the 68 soil samples from lines to the east west of the core section, showed anomalous lithium ratios. The company said that results from soil lines 200m to […]
Day: 19 December 2024
Power Metal begins diamond drilling at Molopo
Power Metal Resources plc has started diamond drilling, targeting a district-scale nickel and platinum group element discovery, at its Molopo Farms Complex in southwestern Botswana. LOCATIONS The company’s drill hole, estimated to reach a depth of 700-800m, is focused on the multi-kilometre, steeply-dipping conductor at target area T1-14. A ground audio-frequency magnetotelluric and magnetics over target […]
Helium One raises £4.7m via discounted placing
Helium One Global Ltd has raised £4.7 million before expenses through a company-led placing of 313,333,333 new ordinary shares at a price of 1.5p per share. The placing price represents a discount of approximately 30% to the closing share price of 2.16p on 6 February 2024. Following admission, Helium One’s issued and fully paid share […]