Red Rock Resources plc raised £535,840 before expenses by placing 376,028,070 new ordinary shares each of £0.0001 in the company at 0.1425 pence per placing share. USES Following admission, the company’s total issued share capital will consist of 1,958,538,069 ordinary shares, each with one voting right. Red Rock holds no shares in treasury. Net proceeds will fund the company’s […]
Tag: base metals
Tertiary begins 2023 Zambia exploration at Lubuila
Tertiary Minerals plc will start its 2023 exploration season in Zambia at its Lubuila joint venture (JV) project in the central African copper belt. LOCAL PARTNER The company’s partner Mwashia Resources Ltd has the right to earn in up to 90% of four licences including the Lubuila, Mukai, Konkola West and Mushima North projects. Lubuila […]
Galantas mobilises for drilling Kerry Road
Galantas Gold Corporation has started mobilisation for a drill programme at its recently acquired Gairloch precious and base metals project in Wester Ross, Scotland. PROGRAMME The target is a volcanogenic massive sulphide (VMS) gold-copper-zinc deposit exposed at surface and one of the oldest known Besshi deposits. The Canadian company’s initial 800-metre programme at Kerry Road […]
Anglesey Mining prepares EIA for Parys
Anglesey Mining plc expects to submit an environmental impact assessment (EIA) and revise existing permissions for its Parys Mountain copper-zinc-lead-gold-silver project. LEGISLATION Changes in the Town & Country Planning Act and environmental legislation have been made since the company received approval for several existing planning permissions, valid until 2028. To gain consents for the former […]
Tertiary outlines 2023 copper exploration at Mukai
Tertiary Minerals plc has outlined its 2023 exploration programme for copper and nickel at the Mukai project in northwest Zambia. MUKAI Mukai lies within 27066-HQ-LEL, covering 55.4km2 and located 125km west of Solwezi. The project is in the Domes region of the Zambian copper belt and next to First Quantum Minerals (FQM)’s major copper mines. Tertiary […]
Anglesey Mining revises MRE for Parys
Anglesey Mining plc reported a revised mineral resource estimate (MRE) with the inclusion of the first measured resource for Parys Mountain. CATEGORIES The company’s revised estimates for the White Rock and Engine zones are based on 10 additional drill holes completed in 2022 and a detailed review of previous geological interpretations. Measured resources include […]