Power Metal Resources plc is exploring financing to progress its Molopo Farms Complex in southwest Botswana. INVESTMENT The company previously drilled hole DDH1-14C which intersected the steeply dipping geophysical superconductor at the high priority target area T1-14. Power Metal collected eight samples from 828.4m to 832.6m end of hole which remains open at depth. “Significant […]
Month: September 2024
FCM begins Coco East field work
First Class Metals plc has started field work on the gold-base metal Coco East property, comprising 30 single cell claims, 25km north of Terrace Bay town in northwest Ontario. FUNDS The 6.3km2 block lies on the eastern sector of the Big Duck Lake Porphyry which contains “a number of historic showings” on the Schreiber-Hemlo greenstone […]
Panther awarded Wishbone exploration permit
Panther Metals plc has received a three-year exploration permit for the Wishbone prospect at the Obonga project in northern Ontario. CLUSTER The company acquired the Obonga greenstone belt in July 2021 and has to date identified five prospective primary targets of Wishbone, Awkward, Survey, Ottertooth and Silver Rim. The new permit allows up to 39 […]
Predator receives £300,000 via warrant exercise
Predator Oil & Gas Holdings plc has received £304,474.06 following notices to exercise 5,221,203 warrants by Novum Securities Ltd. A total 2,890,908 warrants are exercisable at 5.5 pence per share; 1,780,412 warrants at 5.7 pence per share; and 549,883 warrants at 8 pence per share. The company has issued to Novum 5,221,203 new ordinary shares. […]
WGE completes C$1.2m fundraise
Western Gold Exploration plc said it had completed its previously announced non-brokered private placement for C$1,243,580 via a private placement. The company issued 17,765,428 common shares each at a price of C$0.07. Monaco-based Zila Corporation, which held 14.07% of WGE’s issued and outstanding common shares, acquired 4,285,714 shares for C$300,000. The investor now holds 11,334,388 […]
Golden Metal positive on Pilot visual drill results
Golden Metal plc reported “very exciting visual results” from the first two drillholes at its Pilot Mountain 2,000 metre drill campaign. MINERALISATION Operations at the Nevada tungsten project began in May with the first two holes completed for a combined 547.6m with assay results pending. Drillhole PM24-001 near the central portion of the Desert Scheelite […]