Guardian Metal Resources plc has signed a definitive exploration lease and option to purchase agreement for the historic Tempiute tungsten project in south-central Nevada. TERMS The agreement follows the binding letter of intent signed at the end of October 2024. Tempiute, formerly known as the Emerson tungsten mine, lies southwest of the company’s flagship Pilot […]
Tag: metals and minerals
CRL’s parent appoints Riverfort chairman as NED
Cornwall Resources Ltd’s parent company Strategic Minerals plc has appointed Philip Haydn-Slater as an independent non-executive director, with immediate effect. Mr Haydn-Slater is currently non-executive chairman of Riverfort Global Opportunities plc. His experience in public and private companies has covered corporate finance, investments, and he has also held board positions of publicly listed firms. Mr […]
Red Rock nears conclusion of DRC arbitration
Red Rock Resources plc said it will submit further documents in its arbitration case against its local partner in the Democratic Republic of Congo. PROGRESS The dispute relates to the sale of certain copper-cobalt assets in Katanga by VUP (Vumilia Pendeza SA) without Red Rock’s permission. Red Rock holds 50.1% of the joint venture which […]
Karelian identifies possible green diamond source
Karelian Diamond Resources plc said it had identified two anomalies possibly representing the kimberlitic source of the green diamond in the Kuhmo region of eastern Finland. TARGET The findings are from data based on a semi-airborne unmanned aerial vehicle (UAV) detailed electromagnetic survey over the green diamond target area. The diatreme-shaped anomalies, that could also […]
Guardian welcomes support for US mining
Guardian Metal Resources plc said it exploration operations in Nevada will benefit from the new American president’s Executive Order supporting energy, mining and oil and gas in the US. PROUD Guardian, which holds tungsten, industrial garnet, gold, copper and lithium interests, described Donald Trump’s ‘Unleashing American Energy’ directive as a “pivotal moment” for domestic mining in […]
Guardian issues 233,823 warrant shares
Guardian Metal Resources plc has issued 233,823 new ordinary shares of 1 pence each following an exercise of warrants at 17p per warrant share for a total £39,749.91. Following admission, the company’s issued share capital will comprise 125,340,814 ordinary shares of 1p each, equal to the number of voting rights. Guardian’s tungsten, industrial garnet, gold, copper […]