Horizonte Minerals plc will admit 365,000 ordinary shares on AIM following the exercise by option holders. On issue of the new ordinary shares, the company’s issued share capital will comprise 268,778,906 ordinary shares, each with voting rights.
Tag: cobalt
Corcel renews Wowo Gap cobalt-nickel licence
Corcel plc has renewed its exploration licence 1165 to February 2024 for its 100% owned WoWo Gap cobalt-nickel project in Papua New Guinea. DEVELOPMENT The asset is part of the company’s recently announced restructure into an Asian-based joint venture. Corcel said it had of late focused on meeting commitments for the licence, which lies 200km from […]
Corcel progresses PNG non-operating strategy
Corcel plc has restructured its nickel-cobalt assets in Papua New Guinea by signing a 50-50 joint venture (JV) deal to create a new carried vehicle. JOINT VENTURE JV partner Integrated Energy Metals (IEM) is a new American company whose website states is focused on building “a world class battery supply chain”. The companies will establish Integrated […]
FCM increases strike length and potential at West Pickle Lake
First Class Metals plc (FCM) reported an increase in strike length to more than 600m following assays at the company’s West Pickle Lake polymetallic project in Ontario, Canada. TRENDING STRUCTURE The company has previously reported high grade intercepts from assays of its 2022 drill programme. FCM today added that the increased strike length remained open […]
Galantas expands into Scotland with Gairloch VMS project
Galantas Gold Corp has acquired exclusive rights to explore and develop the gold-bearing volcanogenic massive sulphide (VMS) deposit at Gairloch in Wester Ross, northwest Scotland. GAIRLOCH The project adds to the company’s existing Cavanacaw gold mine asset in Omagh, Northern Ireland. The 217 km² mineral licence, on land owned by the Gairloch Estate, covers the […]
Horizonte submits environmental studies for Vermelho
Horizonte Minerals plc has submitted environmental studies for its 100%-owned Vermelho nickel-cobalt project in northeast Brazil. PRELIMINARY LICENCE The company completed the environmental and social impact assessment (EIA) and the associated Relatório de Impacto Ambiental (RIMA) for the Pará State Secretariat for Environment and Sustainability (SEMAS). Horizonte said it hoped to receive approval for the EIA/RIMA […]