Finance Metals & Minerals News

Chesterfield to minimise dilutive capital raisings

Chesterfield Resources plc said it had completed the initial round of cost efficiencies to minimise the need for dilutive capital raisings. REDUCTIONS The company previously stated it hoped to source the capital from non-dilutive external sources for the development of its Adeline copper project in Labrador, Canada. Chesterfield today added it expected to reduce “ongoing […]

Metals & Minerals News

Chesterfield deems secondary listing ‘not prudent’

Chesterfield Resources plc has revised its plans for secondary listings on the Toronto Stock Exchange Venture, Frankfurt and the OTC markets for its copper assets. STRATEGY The move is part of the company’s strategy to unlock value for shareholders from its Adeline project in Labrador, Canada and exploration package in Cyprus. In a statement, Chesterfield […]

Metals & Minerals News

Chesterfield nears listing Adeline in N. America

Chesterfield Resources plc is a step closer to North American listing after publishing its NI 43-101 technical report on the Adeline copper project in Labrador, Canada. PROGRAMME The company said that the report was a key component of its application for a secondary listing on the TSX-V exchange in Canada and on the OTC market […]

Metals & Minerals News

Chesterfield notes positive Adeline assays

Chesterfield Resources plc reported positive copper and silver assay results at its Adeline project in Labrador, eastern Canada. DRILLING The company completed a three-month field programme comprising chip and rock samples from multiple targets. Chesterfield also reported encouraging historical surface sampling results and drill intersections from its six-month desktop and data compilation study. At the […]

Metals & Minerals News

Chesterfield more than doubles Adeline

Chesterfield Resources plc said it had exercised the right to acquire a further 672 claims to more than double the size of its Adeline copper project in Labrador, Canada. The initial purchase of 129 km2 from mining royalty company Altius Minerals has now been extended to a district-scale 297km2  (29,725 ha), with a total of 1,189 […]

Metals & Minerals News

Chesterfield to acquire Adeline copper project

Chesterfield Resources plc announced it is to acquire 100% of a belt-scale copper exploration project, named Adeline, in the Labrador region of eastern Canada.  The company, which is exploring for copper in Cyprus, said its objective was to be a leading copper exploration and resource development company to help supply the global demand for electrification. Adeline covers […]