Metals & Minerals News

Anglesey returns further strong Parys drill results

Anglesey Mining plc reported high grade widths of mineralisation from exploration drilling at the Northern Copper zone at its 100% owned Parys Mountain on the Isle of Anglesey. CONTINUITY The company’s 2023-2024 programme is delineating mineral resource at the copper-zinc-lead-silver-gold volcanogenic massive sulfide project. Drilling is designed to verify the reliability of historical drill holes and […]

Metals & Minerals News

CMR adds 26 polymetal permits to Morocco portfolio

Critical Mineral Resources plc (CMR) has added 26 exploration permits prospective for copper, antimony, tungsten, lead-zinc and gold to its Morocco portfolio. INFRASTRUCTURE The new permits were secured through an all-share acquisition of Hesperis Resources SARL, of which CMR’s new chief operating officer Noureddine Sabraoui is a 25% beneficial owner. Sixteen of the permits are […]

Metals & Minerals News

CAML plans exploration with $57m and new licence

Central Asia Metals plc (CAML) ended 2023 with $57.2 million cash and growth plans with a new mid-scale copper exploration licence in Kazakhstan. EXPLORATION The company formed a new subsidiary CAML Exploration in an arrangement with a team from Terra Exploration. “Potential target areas have been reviewed and remain under review, and currently one exploration […]

Equipment & Logistics Metals & Minerals News

Tertiary signs earn-in with KoBold for Konkola West

Tertiary Minerals plc has signed a definitive earn-in with KoBold Metals for the Konkola West copper project in Zambia. JOINT VENTURE The agreement over exploration licence 27067-HQ-LEL is between the company’s 96% owned subsidiary Tertiary Minerals (Zambia) Ltd (TMZ), a subsidiary of KoBold and TMZ’s local partner Mwashia Resources Ltd. Private US-based mineral explorer KoBold […]

Metals & Minerals News

Golden Metal assays increase Garfield potential

Golden Metal Resources plc reported greater than expected copper-silver-gold mineralisation from overlimit assay testing at Garfield within the Walker Lane mineral belt in Nevada. SIGNIFICANT Following last week’s preliminary results from ground exploration, overlimit samples were reanalysed using higher-grade threshold assay methods. Results of 11 of 32 samples returned greater than 1% calculated copper equivalent (CuEq) including 23.92% CuEq (2.37% Cu, […]

Metals & Minerals News

CMR exits Zagora cobalt to focus on Meseta copper

Critical Mineral Resources plc has expanded its Moroccan portfolio with four new exploration permits, covering 80 km2, in the Rabat and Beni-Mellal regions. PRODUCTION The company and its partner have also mutually terminated the binding agreement on the Zagora cobalt earn-in option, although both will continue to seek future joint opportunities. Three of the new […]