Metals & Minerals News

Galantas looks to district scale potential at Gairloch

Galantas Gold Corporation said its latest drill results from the Gairloch project in Scotland confirmed the potential for a district-scale polymetallic project. MINERALISATION The Canadian company drilled the second exploration hole 23-GL-02 to a depth of 50 metres as a step back from hole 23-GL-01, testing the Kerry Road deposit. The drillhole intersected 1.88 g/t […]

Metals & Minerals News

Chesterfield mulls new investments

Chesterfield Resources plc is considering investing in a “new area of activity” as its optioned partner begins 2,000 metre drilling at the Adeline copper project in Labrador, eastern Canada. EXPLORATION The company, with projects in Cyprus and Canada, last year underwent a change of management, appointed a new executive chairman and began cutting costs. Its […]

Metals & Minerals News

Arkle shareholder reduces holding to below 3%

Arkle Resources plc shareholder Andrew Batchelor is reported to have more than halved his shares in the company to below 3%. In April 2023, Mr Batchelor increased his holding to 25 million ordinary shares, representing 6.32% of the issued share capital. The Irish gold and zinc exploration company yesterday said that, following a recent review […]

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Anglesey nears first Northern Copper zone infill drill

Anglesey Mining plc has started preparations for the first infill drilling in nearly 50 years into the Northern copper zone (NCZ) at Parys Mountain on the Isle of Anglesey. EXTENSIONS The company has begun the design, planning and logistics to drill six holes for 3,700m to infill portions of the current resource and verify historical […]

Metals & Minerals News

Tertiary to use extensive data Konkola West exploration

Tertiary Minerals plc’s local earn-in partner Mwashia Resources has received extensive geophysical data to aid exploration on the 72km2 Konkola West copper exploration project in Zambia. KOBOLD The data was collected in 2021 by KoBold Metals, whose shareholders include Breakthrough Energy Ventures, founded by Bill Gates and backed by Jeff Bezos, Sir Richard Branson and […]

Metals & Minerals News

Tertiary’s results indicates copper-in-soil anomaly at Lubuila

Tertiary Minerals plc said its preliminary results from soil sampling indicated a “large open-ended copper-in-soil anomaly” at the Lubuila joint venture copper project in Zambia. PROGRAMME The company collected a total 450 soil samples across three separate grids targeting two untested areas of A and B, and a historical copper-in-soil anomaly at area C. Assays […]