Metals & Minerals News

Oriole confirms lithium-bearing pegmatites at CLP

Oriole Resources plc confirmed “multiple” lithium-bearing pegmatites from early stage exploration at two licences on its 90%-owned Central Licence Package (CLP) in Cameroon. NDOM & GAMBOUKOU The CLP comprises nine contiguous licences over 4,091km2. Oriole said the previously unexplored Paleo-Proterozoic to Pan-African age rocks were “highly prospective” for a range of commodities, including orogenic-style gold mineralisation and […]

Finance Metals & Minerals News

Cadence notes possible £43m for Cinovec lithium

Cadence Minerals plc noted that its investee company’s joint venture (JV) Cinovec lithium project could receive up to £43 million funding after being classified as a strategic project for the Usti region of the Czech Republic. PRIORITY The JV is between CEZ a.s. and Australian company European Metals Holdings in which Cadence owns approximately 7.2%. […]

Metals & Minerals News

Cadence expects increased value with Evergreen listing

Cadence Minerals plc expects to see increased value for its portfolio of assets as its investee lithium company nears the start of trading in Australia. EVERGREEN The company today said that Evergreen Lithium Ltd had filed its prospectus with the Australian Securities & Investments Commission and the Australian Stock Exchange. Cadence owns approximately 15.8 million […]

Finance Metals & Minerals News Oil & Gas

Clontarf raises £1.3m via placing and subscription

Clontarf Energy plc has raised £1,300,000 before expenses via a placing and subscription for 2 billion new ordinary shares 0.01p each in the company. ISSUED SHARE CAPITAL The fundraise through “several Australian based brokers” was at a price of 0.065p per placing share, representing approximately 45.76% of the company’s issued share capital as enlarged by […]

Metals & Minerals News

Arkle discovers lithium-bearing pegmatites at Mine River

Arkle Resources plc said it had discovered lithium-bearing pegmatites from rock chip samples in its Mine River gold block on the Wexford-Wicklow border in Ireland.  MINE RIVER In 2017 the company acquired the block which comprises five licences over 213.5km2, covering an area of known gold mineralisation along a 15km trend. Arkle last year extended […]