Altus Strategies plc said it is to sell its 100% owned Moroccan-focused copper-silver exploration subsidiary Aterian Resources Ltd to Eastinco Mining and Exploration plc. METALS Aterian is advancing assets of 15 primarily copper and silver exploration projects. Eastinco has a portfolio of tantalum exploration and development projects in Rwanda. TERMS Altus said yesterday it had […]
Tag: silver
Alba notes substantial precious and base metals results in Dolgellau
Alba Mineral Resources plc said it had a suite of substantial precious and base metal results from its field exploration in the Dolgellau gold field (DGF), Wales. DOLGELLAU Alba has conducted further exploration across a number of high-priority regional targets in the DGF. The company said that multi-commodity mineralisation had been confirmed from sampling at […]
Cornish Metals intersects further high grade metals at United Downs
Cornish Metals Inc. announced further high grade tin-copper-silver-zinc intersections from its diamond drill programme at United Downs, Cornwall. DRILL PROGRAMME The assay results are from holes, UD21-006 and UD21-008, which are part of the continuing drill programme, with reported intercepts being drilled lengths. Chief executive Richard Williams said that the results continued to demonstrate the presence […]
Scotgold chairman Nathaniel Le Roux steps down
Scotgold Resources Ltd announced that Nathaniel (Nat) Le Roux is stepping down from his position as non-executive chairman. Mr Le Roux had held the post since March 2015 when he recapitalised Scotgold and will remain on the board as a NED and major shareholder of the company. Non-executive director (NED) Peter Heatherington has been appointed […]
Power Metal exercises option to acquire Pilot
Power Metal Resources plc has acquired the Pilot Mountain tungsten-copper-silver-zinc project in Nevada, United States. GOLDEN METAL The company’s subsidiary Golden Metal Resources Ltd signed the option at the end of August, adding the acquisition to its other projects of Garfield and Stonewall and the right to earn 100% of Golconda Summit. The deal sees Power […]
Tertiary results extend silver mineralisation at Pyramid
Tertiary Minerals plc said that analytical results from the Phase 2 trenching has extended the strike and width of silver mineralisation at North Ruth at the Pyramid silver-gold project in Nevada, USA. GRADES The company added that silver and gold mineralisation has now been shown to extend over a strike extent of at least 530m. […]