Guardian Metal Resources plc received £85,107.61 following notices to exercise warrants over 500,633 new ordinary shares of 1 pence each in the company. The exercise on 26 July, was at a price of 17p per warrant share. Following admission the company’s share capital will comprise 111,058,265 ordinary shares of 1p each, with voting rights. A TR-1 […]
Tag: Power Metal Resources plc
Katoro appoints Tertiary ex-MD as interim CEO
Katoro Gold plc has appointed Tertiary Minerals plc former managing director Patrick Cullen as interim chief executive officer on the board. REVIEW Mr Cullen has extensive geological, geophysical and mining experience from working in the junior resource exploration and major mining sectors. Katoro said that Mr Cullen, who also previously worked for Arkle Resources plc, […]
Power Metal finishes initial Balthaga exploration
Power Metal Resources plc has completed initial field exploration on the Balthaga lithium project 450km east of Jeddah in the southeast of the Arabian Shield. GEOLOGY A total of 43 in-situ rock chip samples were taken from targets visited while new areas were identified during the seven-day programme over more than 1,200 km2. The programme is included in the […]
Power Metal looks for Molopo funding
Power Metal Resources plc is exploring financing to progress its Molopo Farms Complex in southwest Botswana. INVESTMENT The company previously drilled hole DDH1-14C which intersected the steeply dipping geophysical superconductor at the high priority target area T1-14. Power Metal collected eight samples from 828.4m to 832.6m end of hole which remains open at depth. “Significant […]
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 […]
Power Metal signs 75% option for Cherished Hope
Power Metal Resources plc has signed a 75% share option over its 100% owned licence, containing the Cherished Hope gold mine, on the Tati Greenstone Belt, Botswana. MINING The agreement is between its local subsidiary Tati Greenstone Resources Pty Ltd (TGR) and Tuscan Holding Pty Ltd which is held by Medici Mining Investment LLC registered in Delaware, USA. If […]