Kavango Resources plc has created a single expanded exploration area in Botswana by adding a 90% interest in six further licences in the Kalahari copper belt (KCB). DOMAL STRUCTURES The licences are next to the company’s Karakubis and South Ghanzi blocks, collectively forming a contiguous exploration area next to the Namibian border. Kavango said it […]
Tag: copper
Tertiary signs non-binding earn-in for Konkola West
Tertiary Minerals plc has signed a “detailed, largely non-binding” term sheet for an earn-in and joint venture deal with a “well resourced” third party for the Konkola West copper project in Zambia. APPROVALS The project comprises exploration licence 27067-HQ-LEL, which covers 71.9km2 and lies 18km northwest of Chingola in the Central African copper belt. Tertiary […]
Chesterfield looks to UAE
Chesterfield Resources plc is considering new openings in the United Arab Emirates following the board resignation of 17.9% shareholder Polymetal International’s representative. JUNIPER INTERNATIONAL The move follows the pending sale of Chesterfield shares by Polymetal, represented by non-executive director (NED) Evgeny Vrublevskiy, to private investment holding and advisory company Juniper International FZ LLC. Chesterfield, which has […]
CMR completes $525,000 sale of Cyprus copper assets
Critical Mineral Resources plc (CMR) has concluded the $525,001 sale of its Cyprus copper assets to PM Ploutonic Metals Ltd and Indo-European Mining PR Ltd. Staged payments, with dates amended due to market conditions, are expected to complete in December 2023. The completion of the transaction, which began under CMR’s previous name of Caerus Mineral […]
‘Substantial’ copper-in-soil anomaly defined at Mukai
Tertiary Minerals plc has defined a substantial copper-in-soil anomaly from soil samples at the Mukai copper earn-in project in northwest Zambia. HIGH GRADE Analysis using a portable XRF instrument in the field of 526 soil samples showed the “large high-grade” anomaly with values in excess of a 160ppm copper across 1,300m by 400m. Peak soil […]
Cornish Tin to fundraise for second lithium-tin drill
Cornish Tin Ltd aims to raise further funds via a limited shares offer for its tin-copper-lithium-tungsten project at Great Wheal Vor near the village of Breage. USES Money, raised through crowdfunding, will go towards its second exploration drilling campaign and working capital. The first exploration programme for 6,500 metres showed tin grades of up to […]