Golden Metal Resources plc has discovered two zones of “significant” copper anomalies at its Garfield project within the Walker Lane mineral belt in Nevada, USA. EXPECTATIONS The Power Line and High-Grade zones returned individual copper-in-soil results of up to 851ppm and 950ppm copper from high resolution soil sampling results. Golden Metal said that both were […]
Tag: copper
Tertiary’s results indicates copper-in-soil anomaly at Lubuila
Tertiary Minerals plc said its preliminary results from soil sampling indicated a “large open-ended copper-in-soil anomaly” at the Lubuila joint venture copper project in Zambia. PROGRAMME The company collected a total 450 soil samples across three separate grids targeting two untested areas of A and B, and a historical copper-in-soil anomaly at area C. Assays […]
Potential Adeline buyer sets exploration budget
Chesterfield Resources plc noted its potential purchaser of the Adeline copper project has earmarked C$2m (£1.18m) for summer exploration on the asset in Labrador, eastern Canada. ACTIVITIES Sterling Metals aims for a 2,500 metre drill campaign in addition to the C$500,000 (£296,000) airborne survey planned over the licence area. The finance will come from the […]
Red Rock raises £535,800 via placement
Red Rock Resources plc raised £535,840 before expenses by placing 376,028,070 new ordinary shares each of £0.0001 in the company at 0.1425 pence per placing share. USES Following admission, the company’s total issued share capital will consist of 1,958,538,069 ordinary shares, each with one voting right. Red Rock holds no shares in treasury. Net proceeds will fund the company’s […]
Tertiary identifies copper mineralisation at Mushima North
Tertiary Minerals plc said analysis of historic drill core showed copper mineralisation on the edge of an untested gravity anomaly at the Mushima North project in Zambia. DRILL CORE ANALYSIS The licence is one of five owned by local partner Mwashia Resources Ltd, as well as Konkola West, Lubuila, Mukai and Jacks. Assay results from […]
Tertiary begins 2023 Zambia exploration at Lubuila
Tertiary Minerals plc will start its 2023 exploration season in Zambia at its Lubuila joint venture (JV) project in the central African copper belt. LOCAL PARTNER The company’s partner Mwashia Resources Ltd has the right to earn in up to 90% of four licences including the Lubuila, Mukai, Konkola West and Mushima North projects. Lubuila […]