First Class Metals plc (FCM) reported assay results showing a “massive sulphide” discovery representing a “major new nickel district” at West Pickle Lake nickel-copper-cobalt project 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 […]
Tag: base metals
Anglesey review shows ‘substantial upside’ at Parys
Anglesey Mining plc plans work programmes in the Northern Copper Zone (NCZ) after an internal review showed a “substantial upside” to the existing resource base at its Parys Mountain copper project. NORTHERN COPPER ZONE The company said that the NCZ, discovered in 1962, was interpreted as the downdip extension of the historical open pit mined […]
Tertiary begins exploration targeting at earn-in copper assets in Zambia
Tertiary Minerals plc has progressed to exploration targeting at two of four earn-in copper projects in Zambia. EXPLORATION TARGETING The four licences, owned by local partner Mwashia Resources Ltd, comprise Konkola West, Lubuila, Mukai and Mushima North. Tertiary said that consultants Remote Exploration Services (RES) of South Africa had completed initial prospectivity reviews of the […]
Arkle JV completes Stonepark drill campaign
Arkle Resources plc’s joint venture partner has completed the three remaining holes of a drill campaign at the Stonepark zinc project in Limerick, Ireland. CARRICKITTLE WEST Operator Group Eleven Resources Corp drilled a total six holes in the original 2022 programme. The three completed holes were funded earlier in the year from Arkle’s cash resources. […]
FCM optimistic on further high grade West Pickle Lake results
First Class Metals plc (FCM) said it was cautiously optimistic following results of further high grade nickle sulphides at the West Pickle Lake earn-in joint venture (JV) at its Canadian Schreiber-Hemlo and Sunbeam project. PROGRAMME The JV lies on the eastern flank of FCM’s 100% owned flagship North Hemlo project. Partner and operator Palladium One Inc […]
Caerus former chairman acquires one million shares
Caerus Mineral Resources plc noted that its former chairman Michael Johnson acquired 1,021,250 ordinary shares, representing 1.67% of the issued share capital of the company. The transactions, between 9 April 2021 and 6 May 2021, were at £0.00 and outside a trading venue. In total, Mr Johnson and persons closely associated hold 5,550,001 ordinary shares representing 9.0% […]