Company Moves Metals & Minerals News

Karelian appoints Brendan McMorrow as chairman

Karelian Diamond Resources plc has appointed non-executive director Brendan McMorrow as non-executive chairman with immediate effect. Mr McMorrow, who became a board NED in November 2018, replaces founder and executive chairman Professor Richard Conroy who died last month. Karelian is exploring for diamonds in Finland and copper, nickel and platinum group metals in Northern Ireland.

Metals & Minerals News

WGE survey indicates numerous anomalies at Lorne

Western Gold Exploration Ltd reported “strong depth and near-surface potential” from a 779-line km helicopter survey at the Lorne porphyry district in Argyll, Scotland. WIDESPREAD Magnetotelluric (MT) geophysics over the Lagalochan and Ardlochan prospects also identified “other possible porphyry-related centres” across the company’s Crown Mines Royal licence. The Canadian company said it was the first […]

Metals & Minerals News

Ormonde-TRU positive on Golden Rose assays

Ormonde Mining plc’s investee has returned positive assays from exploration at the Golden Rose copper-gold project in the central Newfoundland gold belt, Canada. MODEL The company highlighted “significant” copper values from the Jacob’s and King George prospects, of up to 3.7% copper. Owner-operator TRU Precious Metals Corp, in which Ormonde owns 36.3%, also recorded anomalous values […]

Metals & Minerals News

Mushima North shows widespread mineralisation

Tertiary Minerals plc has intersected widespread copper and zinc mineralisation at its Mushima North copper project in Zambia. ANOMALY Twenty-five holes were drilled to a maximum depth of 112m on three traverses at target A1, a copper-in-soil anomaly covering 3km north-south by 1.5km east-west, and one at C1. Multiple drill holes from the inaugural programme […]

Metals & Minerals News

Power Metal formalises Oman copper earn-in

Power Metal Resources plc has finalised the formal binding earn-in on the Block 8 copper concession in the Hazm area of northwestern Oman. SAMPLING Agreed with Alara Resources Ltd and Awtad Copper LLC, the company’s subsidiary Power Metal Arabia will spend up to US$740,000 for a 12.5% stake. The company’s four main workstreams comprise stream and Wadi sampling with initial […]