Tertiary Minerals plc’s assays have returned “thick” intervals of silver mineralisation associated with “broader” intervals of copper and zinc mineralisation at the Mushima North project in Zambia. ANOMALIES In Autumn 2024 the company drilled 25 holes on three traverses at target A1, a copper-in-soil anomaly, and one at C1. Results near surface at target A1 […]
Tag: silver
CMR receives £462,474 via CLNs
Critical Mineral Resources plc has secured an additional £462,474 through the issue of convertible loan notes, following the £2.5 million investment earlier this month. The CLNs are convertible into ordinary shares in the company at £0.0145 per share, accruing interest of 5% per annum. CMR, focused on silver, copper and manganese in Morocco, will receive […]
CMR secures £2.5m for Morocco activities
Critical Mineral Resources plc has secured a £2.5 million investment from Gilini Holdings Ltd to advance its activities in Morocco. OPPORTUNITIES The funds will be used to acquire more projects, expand CMR’s commodities trading venture, progress its existing Morocco portfolio and for general working capital. Of the total investment, £2,075,000 has an average purchase price […]
Tertiary pursues Mushima North silver discovery
Tertiary Minerals plc said it had discovered “economically significant” silver and cobalt mineralisation at its Mushima North copper project in Zambia. POTENTIAL The company’s Autumn 2024 drilling campaign involved 25 holes on three traverses at target A1, a copper-in-soil anomaly, and one at C1. Today’s results, from samples from four holes sent for multi-element check […]
Guardian positive on high-grade Pilot results
Guardian Metal Resources plc’s assays showed “one of the longest mineralised intervals” with an intersection of 46m from the expanded drilling programme at Pilot Mountain in Nevada, USA. MRE The results are from Desert Scheelite drill core samples from holes PM24-014 to PM24-017, with “very high grade tungsten and copper”. PM24-017 best results to date […]
Guardian looks to expand with Tempiute option
Guardian Metal Resources plc looks to grow its portfolio with a binding letter of intent for an option to acquire the Tempiute tungsten mine and mill in south-central Nevada, US. RESOURCE The potential acquisition from Hinkite Resources LLC lies 290km by road from the company’s flagship Pilot Mountain tungsten project and less than 240km north […]