Arkle Resources plc has identified lithium and “significant” grades of magnesium from preliminary regional sampling at the Makgadikgadi salt pans in Botswana. DRILLING The company took 20 samples from part of its 937km2 licences, noting “lower grades” of lithium in each one. Arkle said that lithium normally fluctuated in the salt pans and that higher […]
Tag: metals and minerals
Tertiary appoints Richard Belcher as MD
Tertiary Minerals plc has appointed Richard Belcher as managing director, effective following the company’s general meeting on 7 March. Dr Belcher has more than 22 years’ post PhD geological experience as a contractor andconsulting geologist and he was the company’s exploration manager in Zambia. His experience covers a variety of commodities from early stage to […]
Guardian issues 125,588 shares in warrant exercise
Guardian Metal Resources plc has issued 125,588 new ordinary shares of one pence each following a warrants exercise at 17p per warrant share for a total £21,349.96. Following admission, the company’s issued share capital will comprise 127,019,429 ordinary shares of 1p each. The figure will also represent Guardian’s total voting rights.
Guardian verifies extended gold mineralisation
Guardian Metal Resources plc confirmed extended “high grade gold mineralisation” from trenching results at Golconda Summit in the Walker Lane mineral belt, northern Nevada, USA. ZONES The November 2024 sampling totalled 527 metres across 10 trenches in the ‘Trench’ and ‘Thrust’ zones. The programme’s objective was to confirm high-grade structures identified by previous operators and test […]
Tertiary nears 3,000m in Konkola West drillhole
Tertiary Minerals plc’s earn-in partner is approaching the deeper-than-planned drill depth of 3,000 metres in the first hole at the Konkola West copper project in Zambia. GROUND-BREAKING The company said that operator KoBold Metals Company had drilled past 2,600m in hole KWDD001 and was drilling in the Kitwe Formation, which forms the upper part of […]
Power Metal signs SPA for 29.7m Guardian shares
Power Metal Resources plc’s uranium portfolio partner has become the largest shareholder in spin-out Guardian Metal Resources plc following a legally binding sale and purchase agreement. INVESTOR Announced earlier this month, UCAM Ltd has bought from Power Metal 29,758,334 shares in tungsten-focused Guardian along with warrants over 986,352 ordinary shares for £9,225,083.91 before costs. UCAM now holds 23.45% […]