Altus Strategies plc said it had excellent results from preliminary metallurgical test work on fresh rock samples at the FT Prospect of its Tabakorole gold project located in southern Mali. Bottle roll tests on core samples from diamond drilling at the FT Prospect indicated a straightforward, clean and non-refractory ore with low reagent consumption. The […]
Tag: UK mining
Altus finds karst-style system at Lakanfla gold site
Altus Strategies plc announced it had confirmed a karst-style system and low-grade gold following 3,8000m reverse drilling and associated passive seismic surveys at its Lakanfla gold project in western Mali. The mining and royalty company said that results showed a karst-style system along a 6km margin of granite intrusion, and that drilling had intersected widespread […]
Altus marks more positive Diba gold drill results
Altus Strategies plc announced further encouraging results from the recently completed 10,308m reverse circulation (RC) drilling programme at its 100% owned Diba gold project in western Mali. Diba, located in the Kayes region of the country, hosts a shallow-dipping, near-surface gold deposit and several other prospect areas. The company’s current mineral resource estimate (MRE) for […]
Condor Gold completes La India ground investigation
Condor Gold plc said it had completed a ground investigation programme comprising 23 geotechnical drill holes and 58 test pits at La India gold mine project in Nicaragua. The company is moving the project from a pre-feasibility level of design to final engineering designs on key infrastructure ahead of the mine’s construction. The ground investigation […]
Cornwall one of UK’s first to produce near battery-grade lithium carbonate
The first lithium carbonate has been produced from UK sources at Cornish Lithium’s Trelavour project in Cornwall and another from an undisclosed area in Scotland. DOMESTIC SUPPLY PROJECT The 18-month Li4UK (securing a domestic lithium supply chain for the UK) project involved a scoping study covering sites hosting potentially suitable lithium mineralisation in hard rock […]
Anglesey Mining raises £660,000 via placing
Anglesey Mining plc has raised £660,000 from placing 10 million new ordinary shares, representing 4.7% of the company’s current issued share capital, at 6.6 pence per share. The new ordinary shares of one pence each to be issued in respect of this transaction will rank pari passu with the existing ordinary shares of the company.