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 […]
Tag: metals and minerals
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 […]
RRAL granted further Ballarat gold licences
Red Rock Australasia Pty Ltd (RRAL) announced that a further seven of its licence applications have been accepted and given the highest ranking in the Victoria gold fields of Australia. BACKLOG The company is a joint venture between Red Rock Resources plc (49%) and Power Metal Resources plc (50.1%). The partnership is targeting the historic […]
Alba starts surface drilling at Clogau gold mine
Alba Mineral Resources plc said it had started surface drilling after completing its underground drilling programme and bulk sampling at Clogau-St David’s Gold Mine in Snowdonia National Park, North Wales. The metals and critical minerals mining company reported that underground drilling programme had involved seven drill holes for a total of 559.5 metres and which […]
Anglesey marks start of Labrador iron mine PEA
Anglesey Mining plc said that a preliminary economic assessment (PEA) on its Houston iron project in Labrador, Canada has started and is due to be completed before the end of 2020. The base and precious metals exploration company, whose main project is Parys Mountain 100%-owned gold mine on Anglesey, holds a 12% interest in Labrador […]
Power Metal further invests in Molopo
Power Metal Resources plc has made a further investment in Kalahari Key Mineral Exploration (Pty) Ltd in their nickel sulphide and platinum-group metal (PGM) mineralisation project in Botswana. Kalahari Key holds 100% of the Molopo Farms Complex (MFC) project and Power Metal earns into a 40% interest by funding $500,000 exploration expenditure in 2020. Power […]