Panther Metals plc has delineated an electromagnetic plunging conductor with a 500m strike length at its 100% owned Dotted Lake project on the Schreiber-Hemlo greenstone belt in Ontario, Canada. TARGETS The “very compelling” target is one of two parallel conductors identified following completion of independent 3D geophysical modelling and interpretation of airborne geophysical survey datasets. […]
Tag: Ontario – Canada
Fulcrum raises £643,500 via subscription
Fulcrum Metals plc has raised £643,500 via a 45% discounted conditional subscription of 8,043,750 new ordinary shares of 1 pence, at a price of 8 pence per share, by certain existing shareholders. DIRECTORS The company’s directors will later this month raise an additional £114,500, comprising a £89,769 subscription and conversion of outstanding salaries totalling £24,731 into […]
Panther granted Dotted Lake exploration permit
Panther Metals plc has received a three-year exploration permit for the North Limb, covering Dotted Lake, of the Schreiber-Hemlo greenstone belt in Ontario. FINANCING The company plans a comprehensive work programme on the “highly prospective” intrusive linked nickel-copper-cobalt and platinum group metal target in the northeast of Dotted Lake. The site lies approximately 16km north of […]
FCM advances Ontario field-technical work
First Class Metals plc said it had made significant advancements in field activities and technical developments for its four projects in northern Ontario, Canada. PHOTON Field work is now complete at the Coco East property which has potential for precious and base metals. The company interpreted the geophysical anomaly in the northern sector as a […]
FCM begins Coco East field work
First Class Metals plc has started field work on the gold-base metal Coco East property, comprising 30 single cell claims, 25km north of Terrace Bay town in northwest Ontario. FUNDS The 6.3km2 block lies on the eastern sector of the Big Duck Lake Porphyry which contains “a number of historic showings” on the Schreiber-Hemlo greenstone […]
Fulcrum encouraged by tailings leaching results
Fulcrum Metals plc said it was encouraged by strong initial leaching results from phase 1 sampling and testing at the Teck-Hughes gold tailings project in Ontario, Canada. INNOVATIVE The programme used Extrakt Processing Solutions LLC’s non-toxic technology. Sampling was completed across six locations chosen to provide representative sampling across the tailings with 32 samples taken […]