Cornish Lithium Ltd said it had bought an exclusive £2.3 million technology licence for bulk metallurgical testing and building a pilot plant for its hard rock lithium project at Trelavour near St Austell, Cornwall. The money will come from the company’s recent crowdfunding which raised a final total of £5.2 million but will still allow […]
Tag: metals and minerals
Kavango-Power Metal start South Ghanzi exploration
Power Metal Resources plc and Kavanago Resources plc have started exploration fieldwork on the South Ghanzi copper-silver project in the Kalahari Copper Belt (KCB), northwest Botswana. South Ghanzi comprises two prospecting licences PL036/2020 and PL037/2020 covering 1,294km2 and is held in a 50-50 strategic joint venture (SJV) between the two companies. The Botswana KCB has […]
Altona to focus on East African REEs
Altona Energy plc today announced it had raised £138,459.12 before expenses for its exploration projects for rare earth minerals in East Africa. The funds were raised through the placing of 2,130,140 new ordinary shares at an issue price of 6.5 pence per share. Altona expects to be readmitted to trading on the Aquis Stock Exchange […]
Power Metal starts second drill hole at Molopo
Power Metal Resources plc has started the second diamond drill hole targeting nickel sulphide and platinum-group metals (PGM) at the Molopo Farms Complex (MFC) in Botswana. The company announced three days ago that it had finished drilling the first hole to a target depth of 520m with near 100% core recovery. bit.ly/3kXkQOd Diamond drilling of […]
Power Metal stakes additional claims at Alamo
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 […]
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 […]