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 […]
Tag: vanadium
British Lithium cleared for Imerys JV
British Lithium Ltd has received clearance for a 20-80% joint venture (JV) with French minerals miner Imerys. PRODUCTION The Australian company has been processing lithium carbonate from Cornish granite on Imerys’ land, estimated to have an inferred mineral resources of 161 million tonnes at a grade of 0.54 % lithium oxide. The target life of […]
Corcel adds nickel exploration to vanadium at Dempster
Corcel plc said it had added nickel in its exploration scope at the Dempster vanadium project (50%) in Northern Yukon, Canada. NICKEL The company made the decision, subject to shareholder approval, following a recent external desktop study and a larger review of the project. Corcel added that high grade NiMo layers have been reported in […]
Corcel chairman converts debt for project funds
Corcel plc’s chairman has converted £128,586 debt into 8,572,400 new ordinary shares, locked up for 18 months, to fund the company’s projects in Canada and Papua New Guinea. LOAN The debt was converted by C4 Energy Ltd, controlled by chairman and director James Parsons. Mr Parsons has now increased his indirect interest in Corcel through […]