Guardian Metal Resources plc has staked 16 further claims at its Pilot Mountain tungsten project following indications of a “much larger” porphyry system than first expected. EXPANSION The company engaged porphyry copper deposit specialist Dr Lawrence Carter following the June discovery of the mineralised system in drill hole PM24-002 at the Nevada site. He will assess […]
Tag: copper
Altona exercises Sesana option
Altona Rare Earths plc has exercised its option to acquire up to 85% in the Sesana copper-silver project within PL2329/2023 in Botswana’s Kalahari copper belt. COMPANY MOVES The company and vendor Ignate African Minerals (Pty) Ltd are expected to sign the final agreement shortly. Altona said that activities relating to Botswana environmental and administrative processes […]
Kavango confirms mineralisation at Karakubis
Kavango Resources plc said it had confirmed copper-silver mineralisation in the first high priority target at the Karakubis copper project in Botswana’s Kalahari copper belt. MODELLING Analysis of core also showed “further indicators of structural trap sites” and “validated” the company’s modelling of the KCB. Results also confirmed the project’s prospectivity for “large-scale copper/silver deposits”, […]
Panther granted Dotted Lake exploration permit
Panther Metals plc has received a three-year exploration permit for the North Limb, covering Dotted Lake, of the Schreiber-Hemlo greenstone belt in Ontario. FINANCING The company plans a comprehensive work programme on the “highly prospective” intrusive linked nickel-copper-cobalt and platinum group metal target in the northeast of Dotted Lake. The site lies approximately 16km north of […]
Panther awarded Awkward West exploration permit
Panther Metals plc has received a three-year exploration permit for the Awkward West prospect on the Obonga greenstone belt in northern Ontario. ADVANCE The prospect includes the 730m long ‘trend 3’ graphite target and the Awkward magmatic feeder conduit target focused on a nickel-copper-platinum-palladium discovery. The permit covers up to 31 planned diamond core drill […]
CMR raises £900,000 for Igli silver option
Critical Mineral Resources plc has raised £900,000 for the newly signed exclusive option to acquire the high-grade copper-silver Igli project in the Anti-Atlas, Morocco. TARGETS A total £750,000 was raised yesterday through the issue of a convertible loan note, of which a “significant” proportion will come from Swiss and UAE-based Prism Group AG. The company […]