Power Metal Resources plc said it had staked an additional nine claim blocks at its Alamo gold project in Arizona, increasing the site by 23.5% to 946 acres. NUGGETS Power Metal said it decided to enlarge the project following a successful reconnaissance programme during August 2020. In January 2020, the metals and minerals exploration company […]
Tag: extractive industries
Cornish Metals identifies new zones at United Downs
Cornish Metals today said it had identified at least five new zones of copper and / or tin mineralisation, including 4.04 metres grading of 4.44% copper and 2.06% tin, at the United Downs project in Cornwall. The results are from the second set of assays for start-up miner Cornish Lithium’s core diamond drill programme earlier […]
Power Metal mobilises rig at Haneti
Power Metal Resources plc said it had signed a drilling contract and is mobilising the rig to its 5,000 km2 nickel and platinum group metals (PGM) project in Haneti, central Tanzania. NOTABLE Power Metal holds a 35% ownership interest in Haneti with 65% held by Katoro Gold plc. The drill contract was signed with Amazon […]
Galantas extra shift to see 43% rise in production
Galantas Gold Corporation said it had increased gold concentrate processing after adding an extra work shift at its Cavanacaw Gold Mine in Omagh, County Tyrone. The Canadian company began three-shift processing on 26 October 2020 with the additional shift resulting in a rise in milling from 84 hours to 120 hours per week. Galantas added […]
Red Rock acquires 100% of Migori gold project
Red Rock Resources plc has acquired 100% interest in the Migori gold project in southwestern Kenya. MINERAL RESOURCE ESTIMATE The company has also appointed CSA Global (UK) to provide a revised mineral resource estimate (MRE) for the project. This will bring the 1.2 million oz MRE reported in 2013 according to the JORC 2004 code […]
Cadence JV drill results show positive rare earth indicators
Cadence Minerals plc said the latest drill results were positive indicators from the Simon’s Find deposit at the Yangibana rare earths joint venture in Gascoyne, Western Australia. ECONOMIC ZONE Partner Hastings Technology Metals’ drill results showed a “major 2km long zone of economic mineralisation significantly expanding the existing resource base”. The area also contained “world-beating […]