Arkle Resources plc has expanded its exploration footprint with three lithium licences in Zimbabwe. ZIMBABWE Awarded in June, the “low-cost entry” prospecting licences cover 163 hectares in the Insiza District of the Matabeleland South Province. Chairman John Teeling described the acquisitions as a “toe-in-the-water exercise” by the company’s directors who have long experience in the country. CARRICKITTLE WEST […]
Tag: base metals
Power Metal starts next Molopo exploration phase
Power Metal Resources plc said it had started the next phase of exploration ahead of drilling at its nickel-copper-platinum group element (PGE) project at the Molopo Farms Complex in southwest Botswana. WORK The company has engaged Spectral Geophysics to conduct two electromagnetic geophysics surveys for precise targeting of planned diamond drill holes. Power Metal’s technical team has […]
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 […]
Chesterfield executive chairman Martin French resigns
Chesterfield Resources plc said that executive chairman Martin French had resigned with immediate effect to pursue other interests. The company has appointed Paul Ensor as his replacement with immediate effect. “The board would like to thank Martin for his contribution to the company since 2018,” said Mr Ensor. “He has been instrumental in getting the company […]
Ormonde enters conditional €2.3m sale of La Zarza interests
Ormonde Mining plc has signed a conditional framework agreement for the €2.3 million sale of its interests in the La Zarza copper-gold project in Spain. TRANSACTION The transaction is with La Zarza Mineria Metalica S.L.U, a subsidiary of Spanish company Tharsis Mining S.L, which controls the mining rights to La Zarza. The sale comprises Ormonde’s […]
Tertiary continues focus on Nevada and Zambia copper
Tertiary Minerals plc today said it would continue its focus on “the most widely used battery metal” – copper – at the company’s projects in Zambia and central Nevada, USA. BRUNTON PASS The company will next week begin a trenching programme at its 100%-owned Brunton Pass copper project. The programme comprises up to 950m trenching […]