Galantas Gold Corporation intersected further high grade gold as the company evaluates an expansion of resources at its Cavanacaw gold project in Omagh, Northern Ireland. JOSHUA VEIN The Canadian miner is conducting a 4,000m drill programme at the site. Hole FR-DD-21-175, drilled from surface targeting the Joshua vein, intersected 17.4 g/t gold, 74.6 g/t silver […]
Tag: silver
Chesterfield notes positive Adeline assays
Chesterfield Resources plc reported positive copper and silver assay results at its Adeline project in Labrador, eastern Canada. DRILLING The company completed a three-month field programme comprising chip and rock samples from multiple targets. Chesterfield also reported encouraging historical surface sampling results and drill intersections from its six-month desktop and data compilation study. At the […]
Ascent signs JV for Peru secondary mining and recovery
Ascent Resources plc said it would focus its environment, social and governance (ESG) projects on secondary mining and recovery in Peru. JOINT VENTURE The company has signed a joint venture (JV) agreement with Lima-based investment manager Blanco Safi SAC to identify and develop precious and base metal-rich tailing and processing operations. Founded in 2010, Blanco’s […]
Tertiary Minerals raises £500,000 through placing
Tertiary Minerals plc raised £500,000 before expenses through placing 294,117,647 new ordinary shares of 0.01 pence each at a price of 0.17 pence. PDMRs Directors of the company participated in an aggregate of £40,000 for 23,529,411 placing shares in support of the fundraising Proceeds will be used to fund drilling and exploration activities at the […]
Power Metal subsidiary raises £750,000 for listing
Power Metal Resources plc said that its subsidiary Golden Metal Resources Ltd had raised £750,000 in pre-IPO financing for its planned listing and operational expenses for its projects in Nevada, USA. PROJECTS Golden Metal’s portfolio includes the Pilot Mountain tungsten (with copper, silver and zinc) and Golconda Summit (gold). LISTING Capital restructuring of Golden Metal share capital will enable additional […]
Tertiary notes further high grade Pyramid sample results
Tertiary Minerals plc announced that results from recent surface sampling and mapping continued to return high grades at its Pyramid silver-gold project in Nevada, USA. RESULTS The company collected most of the new samples over a wide area along the recently established zone of silver mineralisation at North Ruth which has a strike length of […]