Chesterfield Resources plc announced it is to acquire 100% of a belt-scale copper exploration project, named Adeline, in the Labrador region of eastern Canada. The company, which is exploring for copper in Cyprus, said its objective was to be a leading copper exploration and resource development company to help supply the global demand for electrification. Adeline covers […]
Tag: copper
Cornish Metals starts United Downs diamond drilling
Cornish Metals Inc said it had started a diamond drilling programme at its United Downs copper-tin project in Cornwall. The Canadian miner aims to target the high grade copper-tin mineralisation encountered during April 2020 in drill hole GWDD-002 that intersected 14.69 metres at 8.45% copper and 1.19% tin. Diamond drill hole GWDD-002 was drilled by […]
CAML progresses remediation from tailings leakage
Central Asia Metals plc (CAM) said it had made further progress with its environmental and social responsibilities, notably the leakage from its Sasa tailing storage facility at Sasa zinc-lead mine in North Macedonia. The company has focused on remediation work, cementing relationships with communities and is on course to producing its second sustainability report. CAM […]
CAML navigates 2021 from strong position
Central Asia Metals plc (CAM) minimised losses during 2020 as it increased cash in the bank while paying off more debt. The company owns 100% of the Kounrad SX-EW copper project in central Kazakhstan and Sasa zinc-lead mine in North Macedonia. For full year results for the 12 months ended 31 December 2020, the company reported group gross […]
Tertiary boosted by copper results at Lucky
Tertiary Minerals plc said it had encouraging analytical results from its first drill hole at the Lucky copper project in Nevada, USA. Hole 21TLRC001 was drilled to a depth of 108.24 metres and intersected two magnetic gossan zones containing low-grade copper (+/-gold) mineralisation. The miner said that there was highly anomalous copper (average 325 per […]
Altus Strategies adds to metals licences in Morocco
Altus Strategies plc has increased its metals projects in central Morocco to seven after being awarded three new copper and silver exploration licences. The projects – Izougza copper-silver; Azrar copper; and Tata copper – were awarded to the company’s 100% owned subsidiary, Aterian Resources Ltd, following a competitive tender process. The mining royalty company said […]