First Class Metals plc (FCM) has signed an earn-in agreement with Nuinsco Resources Ltd for a new lithium project in northwest Ontario, Canada. STRATEGIC The deal, first announced in December 2022, is for Zigzag which lies less than 100km from Armstrong in the Seymour Lake area close to current and future planned key infrastructure. The […]
Tag: extractive industries
Conroy results show intersection extends 40m at 1.2g/t gold on Clay Lake JV target
Conroy Gold and Natural Resources plc assays showed a gold intersection extending 40.5m at 1.2 g/t gold on the Clay Lake target in County Armagh, Northern Ireland. CONTINUITY The results are from the first of an eight-hole step-out drilling programme for 2,000 metres on the Derryhennet section conducted with joint venture partner (JV) Demir Export […]
GreenRoc signs MoU for Amitsoq graphite mine and financing
GreenRoc Mining plc has signed a memorandum of understanding (MoU) to explore civil, mining and/or logistics work and commercial opportunities for the Amitsoq graphite project in southern Greenland. MINE CONSTRUCTION The company signed the MoU with construction and mining group Leonhard Nilsen & Sønner A/S (LNS) which is the potential sub-contractor during the construction and […]
GreenRoc Mining raises £550,000 via placing
GreenRoc Mining plc has raised £550,000 by placing 15,714,287 new ordinary shares of 0.1 pence each at a price of 3.5 pence per placing share. Following the issue of the placing shares, the company’s total issued share capital will be 134,314,288 ordinary shares of 0.1 pence each, with voting rights. USES GreenRoc will use net […]
Conroy identifies second gold trend
Conroy Gold and Natural Resources plc has discovered a second gold trend in the Longford-Down Massif after linking a new gold target to one found last month. SKULLMARTIN FAULT Assay results reported today from gold-in-soil sampling on prospecting licence 4554 in County Monaghan showed values greater than 10 parts per billion (ppb) gold over a […]
Galantas to add potential 20,000 oz gold from lower levels at Cavanacaw
Galantas Gold Corp plans to extract a potential 20,000 ounces gold a year from the dilation zones at the lower levels of Cavanacaw mine in Omagh, Northern Ireland. MINERAL RESOURCE ESTIMATE The Canadian company, which said it still lacked qualified underground miners, has also completed its first drill hole from underground on a third vein […]