Cornish Metals Inc. has further expanded its licence area by 4.5 acres, for a total 32.5 acres, at its South Crofty tin project in Cornwall. ACREAGE The land, purchased from Cornwall Council, is immediately next to existing surface land owned by the Canadian company. The extra acreage gives direct access to the main road at […]
Metals & Minerals
Sunrise NED Roger Murphy steps down
Sunrise Resources plc non-executive director Roger Murphy has stepped down after nearly nine years in the post. Mr Murphy had been a non-executive director of the company since May 2016, during which time he served as chairman of the remuneration committee. “The QCA Code* recommends that non-executive directors do not serve more than nineyears and […]
Guardian issues 388,000 shares in warrant exercise
Guardian Metal Resources plc has issued 388,122 new ordinary shares of 1 pence each following a warrants exercise over 388,122 shares each at 17p for £65,980.74. Following admission, the company’s issued share capital will comprise 127,437,551 ordinary shares of 1p each, with voting rights. The warrants exercise follows one on 7 March over 30,000 new ordinary […]
Power Metal to drill Drake Lake
Power Metal Resources plc uranium joint venture joint plans a diamond drilling programme at Drake Lake – Silas in the Central Mineral Belt of Newfoundland and Labrador, Canada. TARGETS The property covers two non-contiguous licences covering 1,250 hectares with the campaign beginning in June focused on the western licence of Drake Lake. Drilling in eight […]
Metals’ NED-PCA buy 564,901 shares
Metals Exploration plc non-executive director Andrew Chubb and a person closely associated with him have purchased in total 564,901 ordinary shares of £0.0001 each at an average 6.14p per share. Mr Chubb acquired 315,743 shares in the company on 28 and 31 March and Victoria Chubb bought 249,158 shares on 28 March. Following the acquisition, both […]
Altona intercepts gallium at Monte Muambe
Altona Rare Earths plc said it had discovered high grade gallium mineralisation at Monte Muambe in Tete Province, northwest Mozambique. ECONOMICS The company intercepted gallium, of up to 232 g/t, along the entire length of hole MM039 located at the Northern End of the Fluorite Zone at target 6. The best intercept at MM039 was […]