Altona Rare Earths plc said it expected to complete its admission in the coming weeks to the Standard segment of the London Stock Exchange. MONTE MUAMBE The company decided in early 2021 to transfer listing from AQSE to the LSE. While working with its advisers on admission, Altona has also progressed its flagship project at […]
Tag: rare earth elements
Power Metal acquires Badger Lake uranium project
Power Metal Resources plc has added a further property to and expanded an existing one in its uranium portfolio in the Athabasca Basin area in Saskatchewan, Canada. BADGER LAKE Badger Lake covers 16.71km2 and takes the company’s uranium holding in the region to 12 properties, including the conditional sale of Reitenbach, with a combined area of 829.58km2. The […]
FCM begins exploration and REE data review at McKellar
First Class Metals plc has started exploration and a historical data review of rare earth elements (REEs) on the McKellar polymetallic claim block in the Schreiber-Hemlo region of Ontario, Canada. MCKELLAR The property, comprising 58 claims covers 11km², contains known ‘showings’ or samples of gold, silver and base metals as well as a diatreme* with […]
Kavango secures new licence and renews six in Botswana
Kavango Resources plc has been awarded a new licence and renewed six existing ones at its two polymetallic projects in Botswana. PROJECTS The company’s new licence and renewal of five is in the Kalahari Suture Zone project. Kavango has also renewed its licence in its 50-50 joint venture with Power Metal Resources plc, currently under […]
Kavango identifies gold mineralising system at Ditau REE project
Kavango Resources plc said it had identified a gold mineralising system from analytical results, including gold fire and whole rock assays, at the Ditau Camp rare earth element project, southwest Botswana. ZONE OF INTEREST The company added that analyses from hole DITDD004, drilled to 393.29m on Target i10, showed the presence of gold associated with […]
Altona to raise £1.1m
Altona Rare Earths plc said it had conditionally raised £1.1 million through placing 13,750,000 million new ordinary shares at 8 pence each to help fund its operations at Monte Muambe, Mozambique. USES The funds will go towards completing an inaugural mineral resource estimate due in Q1 2023. The proceeds will also fund a preliminary economic […]