Ormonde Mining plc’s investee plans copper-focused exploration during the summer at the Golden Rose project in western-central Newfoundland. DRILL TRU Precious Metals Corp’s assessment in the Cape Ray – Valentine Lake shear zone will also investigate other minerals occurrences hosting nickel and zinc. The programme will include prospecting, grab (rock) sampling, reconnaissance soil sampling and […]
Tag: TRU Precious Metals Corp
Peak appoints ex-Cornish Metals CEO as director
Peak Nickel Ltd has appointed former Cornish Metals chief executive officer Richard Williams as a director. He is joined by Steve Nicol, also as a director. Mr Nicol is Ormonde Mining plc’s technical advisor, as well as a director of TRU Precious Metals Corp and chair of its technical committee. Companies House reported the changes […]
Ormonde encouraged by Golden Rose sampling results
Ormonde Mining plc reported “significant” gold-copper assay results from its investee’s prospecting and bedrock sampling in the Central Newfoundland gold belt. TIER-1 POTENTIAL TRU Precious Metals Corp used recent high resolution satellite and remote sensing data over the property to discover new gold and critical minerals targets at the Golden Rose project. Ormonde said that grab […]
Ormonde acquires initial 36.2% of TRU
Ormonde Mining plc has completed its 36.2% acquisition in Canadian copper-gold explorer TRU Precious Metals Corp. BOARD COMPOSITION The Dublin-based company has the potential to increase its shareholding to up to 46.0% through the exercise of warrants. Ormonde also has the right to appoint three out of five of the TRU board of directors, subject […]
Ormonde shareholders back TRU investment
Ormonde Mining plc has received shareholder approval to invest an initial 36.2% controlling interest in TRU Precious Metals Corp, exploring for gold and copper in Newfoundland. AQSE The Dublin-based company will focus on TRU’s Golden Rose project as well as evaluation of other mineral property opportunities. Ormonde retains its 20% interest in Peak Nickel Ltd […]
Ormonde to exit AIM-Euronext in Canada acquisition
Ormonde Mining plc plans to cancel its AIM and Euronext Growth Market listings as part of its proposed investment via a subscription in a Canadian gold-copper explorer. RULES The company became an AIM Rule 15 cash shell in October 2022 and was required to make an acquisition or acquisitions constituting a reverse takeover (RTO) on, […]