Power Metal Resources plc’s uranium joint venture has expanded its portfolio by acquiring the Pardoe project, 35km southeast of the Athabasca Bain in northern Saskatchewan, Canada. TARGETS The company said that the acquisition lies in an area with over 33km of inferred geophysical linear constructors and multiple historical uranium occurrences. Pardoe has never been subject to “significant targeted […]
Month: January 2025
Guardian acquires water rights for Pilot Mountain
Guardian Metal Resources plc has purchased the water rights directly adjacent to its Pilot Mountain tungsten project in Nevada, USA. CONFIDENCE The company paid US$350,000, with a further $200,000 on or before 31 January 2025, to Belmont Resources Inc. for water permit 87850 located in the Kibby Basin Valley. On completion, 100% of the rights will be transferred to […]
Clogau blasting reveals visible sulphides-gold
Alba Mineral Resources plc reported “large” amounts of visible sulphide mineralisation in blasted rocks, indicating associated gold mineralisation, at its Clogau-St David’s gold mine. BULK SAMPLE The company has also noted visible gold within the blasted ore. Drilling and blasting at level 5 on the Llechfraith target continues round the clock, with a team of […]
Red Rock pays part of Australia JV share purchase
Red Rock Resources plc has paid part of the amount due to acquire its partner’s 49% share in their Australian gold exploration joint venture. CLNs The company announced earlier this year its intention to purchase Power Metal Resources plc’s share in New Ballarat Gold Corporation plc. NBGC, held by local operator Red Rock Resources Australasia […]
CMR signs offtake for high-grade antimony
Critical Mineral Resources plc has signed its first exclusive off-take contract for high-grade antimony ore mined by a small scale operator in Morocco. UNRIVALLED The renewable six-month contract covers purchase of all crude ore greater than 10% antimony mined at the source. The company, whose main focus is exploration for silver, said that the antimony […]
Helium One issues 15.7m shares for Itumbula test
Helium One Global Ltd has issued 15,716,133 ordinary shares in the company in lieu of cash payment for services provided on the Rukwa licence, Tanzania. The shares issue covers services during the extended well test on Itumbula West-1 earlier this year and was agreed with the provider company before the operation. Following admission, Helium One’s issued […]