Chesterfield Resources plc said that assay returns from recent diamond drilling revealed a significant gold-mineralised system in the Westline target at its Troodos West project in Cyprus. INTERSECTIONS The company added that thick and locally high-grade gold intersections were evidence of a significant gold-enriched mineralised system which so far covered some 220m by 300m and […]
Tag: silver
Kavango signs MoU for 90% of copper-silver LVR project
Kavango Resources plc announced it had signed a memorandum of understanding (MoU) to accelerate its 90% ownership of the copper-silver LVR joint venture (JV) in the Kalahari copper belt (KCB), Botswana. LICENCES The LVR GeoExplorers (Pty) Ltd JV comprises prospecting licences PL082/2018 and PL 083/2018 which cover 1,091km2 of prospective ground. Kavango currently owns 25% and as […]
Altus to sell Moroccan copper-silver subsidiary to Eastinco
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 […]
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 […]