Tertiary Minerals plc’s earn-in partner has completed drilling the first hole, short of the target horizon, at the Konkola West copper project in Zambia. POSITIVE Following “continued technical difficulties and limited advancement” operator KoBold Metals drilled hole KWDD001 to a down-hole depth of 2,711.1 metres. KoBold has the right to earn into the project by […]
Day: 1 April 2025
Helium One JV spuds Jackson-29 at Galactica
Helium One Global Ltd’s partner has spud the Jackson-29 SWNW 3054 development well at the Galactica helium project in Las Animas County, Colorado, USA. READINGS Operator Blue Star Helium is currently preparing to drill intermediate hole section. “The shallow conductor section has been set and blowout preventers are being installed and tested, and the next […]
FCM chairman resigns in police investigation
First Class Metals plc’s non-executive chairman David Webster, also chairman of its largest investor The Seventy Ninth Group, has resigned following police fraud allegations about the group. COMPANY MOVES Mr Webster has also resigned as a director with the Ontario-focused explorer, a spin-out from Power Metal Resources plc. Companies House records that as at 31 […]
Helium One accepts mining licence for Rukwa
Helium One Global Ltd has formally accepted the mining licence awarded at the end of February for its 480km2 project in the Momba and Sumbawanga Urban Districts in the southern Rukwa Basin, Tanzania. DEVELOPMENT The Tanzanian authorities have also approved the environmental and social impact assessment (ESIA) submitted as part of the company’s mining licence […]