European Green Metals Ltd (EGM) has been awarded a “highly prospective” three-year exploration licence covering several historic mining districts in the state of Saxony, Germany. FUNDING The Marienberg permit, covering 381km2 in southern Saxony, hosts several styles of mineralisation within the Marienberg-Pobershau, Annaberg-Buccholz and Seiffen mining districts. EGM said that the districts were mined, from […]
Tag: silver
Kavango extends Botswana exploration footprint
Kavango Resources plc has created a single expanded exploration area in Botswana by adding a 90% interest in six further licences in the Kalahari copper belt (KCB). DOMAL STRUCTURES The licences are next to the company’s Karakubis and South Ghanzi blocks, collectively forming a contiguous exploration area next to the Namibian border. Kavango said it […]
CMR sets up Morocco ‘incubator portfolio’
Critical Mineral Resources plc (CMR) has started its Moroccan acquisitions with an “incubator portfolio” and a binding deal for an advanced copper-silver project. DISTINCT PROJECTS The company said it had identified a number of open areas prospective for copper, silver, manganese and barite while it continues fieldwork on prospective areas. Local subsidiary Atlantic Research Minerals […]
Galantas looks to district scale potential at Gairloch
Galantas Gold Corporation said its latest drill results from the Gairloch project in Scotland confirmed the potential for a district-scale polymetallic project. MINERALISATION The Canadian company drilled the second exploration hole 23-GL-02 to a depth of 50 metres as a step back from hole 23-GL-01, testing the Kerry Road deposit. The drillhole intersected 1.88 g/t […]
Galantas finds cobalt-vanadium at Gairloch
Galantas Gold Corporation said it had discovered a range of metals including cobalt and vanadium in the first exploration drillhole at the Gairloch polymetallic project Wester Ross, Scotland. POTENTIAL The Canadian company, targeting the Kerry Road gold-bearing volcanogenic massive sulphide deposit, also found copper, silver, titanium and zinc. Hole 23-GL-01 intersected 2.87% copper, 0.77 g/t […]
Sunrise samples show high grades at Reese Ridge
Sunrise Resources plc received high zinc, lead and silver grades from analysis of samples collected from its Reese Ridge project in central Nevada, USA. RESULTS The project lies on the south side of the prospective Humboldt structural zone, 52 miles south-southwest of Battle Mountain. A previous mapping sample yielded 15.9% zinc and the company has […]