Kavango Resources plc said it had confirmed copper-silver mineralisation in the first high priority target at the Karakubis copper project in Botswana’s Kalahari copper belt. MODELLING Analysis of core also showed “further indicators of structural trap sites” and “validated” the company’s modelling of the KCB. Results also confirmed the project’s prospectivity for “large-scale copper/silver deposits”, […]
Tag: silver
CMR raises £900,000 for Igli silver option
Critical Mineral Resources plc has raised £900,000 for the newly signed exclusive option to acquire the high-grade copper-silver Igli project in the Anti-Atlas, Morocco. TARGETS A total £750,000 was raised yesterday through the issue of a convertible loan note, of which a “significant” proportion will come from Swiss and UAE-based Prism Group AG. The company […]
Altona extends Botswana option period
Altona Rare Earths plc has extended the exclusive period to 17 July for the Sesana copper-silver option in Botswana. FUNDRAISE In April the company signed a binding agreement with Ignate African Minerals Ltd for PL2329/2023, which lies in the heart of the Kalahari copper belt. The licence is valid for copper, cobalt, gold, silver, lead, […]
FCM completes McKellar-Enable sale
First Class Metals plc has sold its McKellar gold-VMS and Enable gold-silver properties to the Seventy Ninth Group Ltd for a total £270,000 and agreed a £230,000 loan with the purchaser. OPPORTUNITIES The company said that Seventy Ninth Resources Ltd, which is preparing to list on the Toronto Stock Exchange Venture, continued to progress due […]
Golden Metal begins largest geophysics
Golden Metal Resources plc has started its largest geophysics programme to date before drill targeting at the Garfield copper-gold-silver and Pilot Mountain tungsten-garnet projects in Nevada, USA. STRATEGY In May, the company confirmed new anomalies at Garfield and expanded the licensed area while also beginning a 2,000-metre drilling campaign in the Desert Scheelite zone at Pilot. Golden […]
Altona appoints David Catterall as consultant
Altona Rare Earths plc has appointed David Catterall as a consultant, with a special focus on the company’s Sesana copper-silver option in Botswana. Mr Catterall, M.Sc., Pr. Sci. Nat., is a geologist with more than 36 years’ operational and field experience in mineral exploration throughout Africa and Europe. He has covered a wide range of […]