Caerus Mineral Resources plc has signed the share purchase agreement (SPA) for the sale of its copper-gold subsidiaries in Cyprus. TERMS The transaction includes payment in cash from purchasers PM Ploutonic Metals Ltd and Indo-European Mining PR Ltd to Caerus of US$528,001 in stages. Closing of the deal will occur once Caerus has received the first […]
Tag: precious metals
First Class Metals receives £15,625 via warrants exercise
First Class Metals plc received £15,625 following notice to exercise warrants over a total of 125,000 ordinary shares. Following admission, the company’s issued share capital will consist of 70,094,589 ordinary shares with voting rights.
Oriole pays respects to Cameroon mining minister
Oriole Resources plc has paid its respects to Cameroon’s mining minister who has died aged 51. LEADERSHIP Minister of mines, industry and technological development, Gabriel Dodo Ndoke, died in the early hours of Saturday, 21 January. Oriole sent its deepest condolences to Mr Ndoke’s family, friends and colleagues. “We are deeply saddened to learn that […]
Alba surrenders non-core Limerick licence
Alba Mineral Resources plc has surrendered its Limerick zinc-lead prospecting licence in the absence of the third-party consents for drilling and viable drill targets. PRINCIPAL ASSETS The licence contained prospective targets but had not been a key focus and its surrender would have no material impact, said the company. “In fact, the surrender frees up […]
Conroy Gold step-out drilling continues to extend mineralisation at Clontibret
Conroy Gold and Natural Resources plc said assay results from three further drill holes demonstrated a 375 metre extension to the northeast of the Clontibret deposit in County Monaghan, Ireland. STEP-OUT PROGRAMME In April 2022 the company, with Turkish joint venture partner and operator Demir Export SA began step-out drilling comprising eight holes. Today’s results […]
FCM reports new gold-silver showing on Enable
First Class Metals plc reported a “new gold showing with significant silver” from first assay results of the 2022 field campaign at the Enable property, west of Marathon in Ontario. CONTACT The company conducted the programme over a district-scale mineralised geological feature, striking northeast to southwest, which can be traced off property to historical showings. […]