Corcel plc has applied for a gold-copper tenement covering 464 km2 vacant ground in Papua New Guinea (PNG). TENEMENT The company’s wholly owned subsidiary Niugini Nickel Pty Ltd (NN) submitted the application for a total 136 graticular sub-blocks. The site covers the Star Mountains gold-copper exploration project and has undergone “considerable work” by Highlands Pacific […]
Tag: base metals
Anglesey assays indicate extensive mineralised system
Anglesey Mining plc’s reported further representation of an extensive mineralised system from multiple broad intercepts at its Parys Mountain polymetallic project on Anglesey. FINAL HOLES The company, exploring for copper, zinc, lead, silver and gold volcanic massive sulphide deposits, drilled a total of ten holes as part of the 2022 infill drilling programme. Today’s published […]
FCM notes high-grade assays at West Pickle Lake
First Class Metals plc (FCM) reported high grade results from its Pickle Lake nickel project in Ontario, Canada. PROSPECTIVITY Partner Palladium One has the option to earn-in to an 80% undivided working interest in the project, subject to a three-year work programme commitment. The project, comprising 33 single cell mining claims, sits on the eastern […]
Power Metal acquires Badger Lake uranium project
Power Metal Resources plc has added a further property to and expanded an existing one in its uranium portfolio in the Athabasca Basin area in Saskatchewan, Canada. BADGER LAKE Badger Lake covers 16.71km2 and takes the company’s uranium holding in the region to 12 properties, including the conditional sale of Reitenbach, with a combined area of 829.58km2. The […]
Ormonde completes €2.3m La Zarza assets sale
Ormonde Mining plc has completed the €2.3 million sale of its land, data and drillcore assets at La Zarza copper-gold-zinc project in Spain. The company has now received an initial €800,000 from the purchaser La Zarza Mineria Metalica S.L.U., a subsidiary of Tharsis Mining S.L. The balance will be paid in three equal payments of […]
Power Metal adds third major target for Molopo drill
Power Metal Resources plc has identified a third drill target at its 1,723km2 nickel-copper-platinum group element (PGE) project at Molopo Farms Complex in southwest Botswana. T1-3 Final analyses of MLEM surveys, which previously denoted targets T1-6 and T2-3 as priorities, have also highlighted a “significant ‘jelly-bean’ shaped, geophysical conductor” at target area T1-3. The company said […]