Chesterfield Resources plc has completed an initial field programme on its new 300 km2 Adeline copper exploration project in Labrador, Canada. ADELINE During due diligence and following the acquisition, Chesterfield re-evaluated all historic data using modern techniques and software. “This provided the basis for a two-month helicopter-supported field study across a number of existing targets, […]
Tag: copper
Power Metal nears acquisition of Wallal
Power Metal Resources plc is closer to acquiring First Development Resources Australia (FDR Australia) with its two copper-gold Wallal exploration licences in the Paterson Province of Western Australia. LICENCES The news follows the granting of licences E45/5816 – Wallal Main and E45/5880 – Wallal West 2 to FDR Australia. The Wallal Main licence hosts two magnetic […]
Cadence could see copper added to its lithium interests
Cadence Minerals plc said it could have exposure to copper assets following Castillo Copper Ltd’s 90-day option agreement for lithium projects in which the mining investor has interests. EXPOSURE Cadence owns a 29% shareholding in Lithium Technologies Pty Ltd (LT) and Lithium Supplies Pty Ltd (LS) which have signed the deal. Following due diligence, Castillo […]
Power Metal encounters nickel enrichment at Molopo
Power Metal Resources plc said it had encountered nickel enrichment at Molopo Farms Complex nickel-copper-platinum group element (PGE) project in southwest Botswana. ASSAYS The results are from further assays received for hole KKME 1-6, the second of three holes at the project. Nickel enrichment was encountered throughout the entire 7m interval assayed as part of the batch, […]
Cornish Metals adds second rig to explore Trenares
Cornish Metals Inc has added a second drill rig for a new target as part of the company’s 8,000-9,000m drill programme at its polymetallic project at United Downs, Cornwall. TRENARES LODE The Canadian company said that the second rig would explore Trenares lode, a new copper – tin – zinc target discovered during the 1970s […]
Caerus notes significant gold-copper at Kalavasos dump
Caerus Mineral Resources plc said it had identified significant copper and gold mineralisation in the dump evaluation programme and general exploration of the Kalavasos project in Cyprus. EVALUATION Gold grades in particular were in 85% of all samples collected and returned anomalous grades. The company added that subject to metallurgical test work, the grades were […]