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 […]
Tag: copper
Altona secures more time for Sesana option
Altona Rare Earths plc has agreed a further extension to the Sesana copper option in Northwest District, Botswana. The binding agreement for the PL2329/2023 is valid for copper, cobalt, gold, silver, lead, zinc, aluminium, chromium, iron, titanium and platinum group metals. The company has extended the exclusivity period with Ignate African Minerals Ltd until 15 August […]
Ormonde investee starts Golden Rose exploration
Ormonde Mining plc’s 36.2% investee has started copper-focused exploration at the Golden Rose project in western-central Newfoundland, Canada. PIPELINE TRU Precious Metals Corp will concentrate on the deposit-bearing Cape Ray – Valentine Lake Shear Zone. The programme aims to develop deeper understanding of the potential at Golden Rose, and ideally identify drill targets. In addition […]
Golden Metal renamed as Guardian Metal
Golden Metal Resources plc has officially changed its name to Guardian Metal Resources plc. The new name reflects the company’s “strategic metals” projects including Pilot Mountain tungsten and Garfield copper, aimed at the US defence, industrial and energy sectors. On 28 June, the company was upgraded from the OTCQB market to the OTCQX market in […]
Altona extends Botswana option period
Altona Rare Earths plc has extended the exclusive period to 17 July for the Sesana copper-silver option in Botswana. FUNDRAISE In April the company signed a binding agreement with Ignate African Minerals Ltd for PL2329/2023, which lies in the heart of the Kalahari copper belt. The licence is valid for copper, cobalt, gold, silver, lead, […]
Panther completes surveys over Obonga
Panther Metals plc has completed high resolution airborne magnetic geophysical drone surveys over three high prospectivity areas at Obonga in Ontario, Canada. TARGETS The Survey prospect contains a volcanogenic massive sulphide discovery while the Ottertooth and Silver Rim geophysical anomalies are yet to undergo drill testing. Once processed, the data will be used to prepare […]