Ormonde Mining plc reported “significant” gold-copper assay results from its investee’s prospecting and bedrock sampling in the Central Newfoundland gold belt. TIER-1 POTENTIAL TRU Precious Metals Corp used recent high resolution satellite and remote sensing data over the property to discover new gold and critical minerals targets at the Golden Rose project. Ormonde said that grab […]
Tag: copper
Kavango completes acquisition of new Botswana licences
Kavango Resources plc has completed its transaction for a 90% interest in six additional prospecting licences in Botswana’s Kalahari copper belt (KCB). TARGETS Signed in September, the deal results in the company holding an extensive single contiguous project area in the KCB covering 7,629km2. The new acquisitions lie adjacent to Kavango’s South Ghanzi licence block […]
Arkle begins lithium prospecting on Aughrim
Arkle Resources plc has begun a reconnaissance prospecting programme on lithium-bearing pegmatites on its recently acquired Aughrim block of licences in County Wicklow. TARGET AREAS Comprising four prospecting licences over more than 150km2, the block is also prospective for gold being contiguous to the company’s Mine River gold exploration project. Compilation work has revealed “multiple […]
CRL highlights ‘significant mineralisation trends’
Cornwall Resources Ltd (CRL)’s completed field activities for the Deep Digital Cornwall (DDC) project have indicated “significant mineralisation trends near surface” at its Redmoor licence. TARGETS Parent company Strategic Minerals plc said that CRL submitted analytical data for 2,186 soil samples and a highly detailed ground gravity survey and 3D interpretation. The updated results improve […]
Kavango Resources directors buy 69.5m shares
Kavango Resources plc reported the purchase of a total 69.5 million ordinary shares in two directors’ dealings. Non-executive director Peter Wynter Bee purchased 63,250,000 each at 0.8p and chief executive officer Ben Turney bought 6,250,000 shares at the same price. The company’s current interests are copper in Botswana and gold in Zimbabwe.
FCM granted exploration permits for North Hemlo and Esa
First Class Metals plc (FCM) has been granted two exploration permits for the company’s North Hemlo and Esa polymetallic properties in the Hemlo area of northwest Ontario. DRILL LOCATIONS The company said it was on target to bring four of its properties to drill-ready status, with the possible exception of Esa, and to drill one […]