Alba Mineral Resources plc said it had a suite of substantial precious and base metal results from its field exploration in the Dolgellau gold field (DGF), Wales. DOLGELLAU Alba has conducted further exploration across a number of high-priority regional targets in the DGF. The company said that multi-commodity mineralisation had been confirmed from sampling at […]
Tag: base metals
Kanye JV adds base metals to REEs exploration at Ditau
Kanye Resources Pty Ltd joint venture (JV) said it had increased its exploration scope by adding base metals to rare earth elements at its project in Ditau, Botswana. PROGRAMME The 50-50 JV comprises operator Kavango Resources plc and Power Metal Resources plc with exploration costs equally shared. Kavango said it had accelerated drilling on I10 […]
FCM extends flagship Hemlo North gold-base metal project
First Class Metals Ltd (FCM) has expanded its flagship Hemlo North gold-base metal project and begun a key technical study in the Hemlo – Harte region, Ontario. TRENDS The company staked a further 15 new mining cell claims contiguous to the existing project, expanding the asset by 3.7% to 86.62km2. Telluris Consulting will conduct a […]
Power Metal encounters nickel enrichment at Molopo
Power Metal Resources plc said it had encountered nickel enrichment at Molopo Farms Complex nickel-copper-platinum group element (PGE) project in southwest Botswana. ASSAYS The results are from further assays received for hole KKME 1-6, the second of three holes at the project. Nickel enrichment was encountered throughout the entire 7m interval assayed as part of the batch, […]
Power Metal aims to become ‘stand-out performer’
Power Metal Resources plc has increased its assets, investments and working capital to grow its portfolio across Australia, Africa and North America. FINANCES In its unaudited interim results for the six months ended 31 March 2021, the junior miner recorded £2,692,474 raised through warrant exercises and held net assets of £4.6 million (30 September 2020: […]
Power Metal losses narrow as global scope rises
Power Metal Resources plc reported it last year narrowed losses and increased its interests as it quickened the pace of its base and precious metals business. FINANCES In its audited results for the year to 30 September 2020, the company reported a loss of £1.4 million (2019: £1.6m). At the year end, Power Metal held […]