Tertiary Minerals plc reported that laboratory checks had enhanced previous provisional results of portable XRF (pXRF) analyses taken in the field on soil samples from the Jacks copper project in Zambia. RATIOS The company said that laboratory check multi-element analytical results for 107 soil samples from four sample grids showed “excellent correlation” with field pXRF […]
Tag: base metals
Tertiary notes environment brief approval for Mushima copper
Tertiary Minerals plc’s local partner and licence holder Mwashia Resources Ltd has received approval of the environmental project brief (EPB) for its Mushima North copper projects in Zambia. MUSHIMA The project, together with the Mukai project in Zambia has a data sharing and technical agreement with global copper producer First Quantum Minerals Ltd. Tertiary is […]
FCM reports further high grade intercepts at West Pickle Lake
First Class Metals plc (FCM) reported further high-grade drillhole intercepts from the West Pickle Lake massive sulphide discovery in Ontario, Canada. JOINT VENTURE The Pickle Lake project area comprises 33 single cell mining claims over which Palladium One Inc has the option to earn in to an 80% interest subject to a three-year work programme commitment. […]
CAML records strong Kounrad-Sasa production
Central Asia Metals plc operations report showed copper recovery above guidance and zinc-lead production within guidance from its operations in Kazakhstan and North Macedonia. KOUNRAD At the Kounrad dump leach, solvent extraction and electro-winning (SX-EW) copper recovery plant, the company reported record production of 14, 254 tonnes of copper, with zero lost time injuries. The […]
Caerus to sell copper assets for larger projects
Caerus Mineral Resources plc plans to sell its Cyprus copper assets to two of its shareholders, PM Ploutonic Metals Ltd and Indo-European Mining PR Ltd, and evolve into a battery metals company. STRATEGY Caerus has signed a binding heads of agreement with the two companies, signalling the end of its direct involvement in Cyprus. The […]
Caerus signs up to £625,000 CLN deal
Caerus Mineral Resources plc has signed a subscription agreement with shareholder EV Metals Group plc (EVM) under which Caerus may need EVM to subscribe up to £625,000 for unsecured convertible loan notes. USES The company added that EVM’s holding in Caerus would increase from 16.34% to 29.9% should it require EVM to subscribe for the […]