Arkle Resources plc announced it was due to start a fully funded, six-hole drilling programme for 2,300m at its Stonepark zinc project in Limerick, Ireland. PROGRAMME The company’s 23.44% of the programme is €75,000, with operator Group Eleven Resources Corp. holding the remaining 76.56%. The programme will include drilling two holes (250m and 400m) to […]
Tag: zinc
Power Metal subsidiary raises £750,000 for listing
Power Metal Resources plc said that its subsidiary Golden Metal Resources Ltd had raised £750,000 in pre-IPO financing for its planned listing and operational expenses for its projects in Nevada, USA. PROJECTS Golden Metal’s portfolio includes the Pilot Mountain tungsten (with copper, silver and zinc) and Golconda Summit (gold). LISTING Capital restructuring of Golden Metal share capital will enable additional […]
Cornish Metals results indicate greater potential at United Downs
Cornish Metals Inc said that recent high grade copper assay results at United Downs could indicate a copper-tin-silver mineral resource to complement the tin mineral resource at South Crofty in Cornwall. UNITED DOWNS RESULTS The Canadian company today reported results from three diamond drill holes at United Downs. Drill hole UD21-011A intersected five parallel zones […]
Chesterfield finds significant gold mineralised system
Chesterfield Resources plc said that assay returns from recent diamond drilling revealed a significant gold-mineralised system in the Westline target at its Troodos West project in Cyprus. INTERSECTIONS The company added that thick and locally high-grade gold intersections were evidence of a significant gold-enriched mineralised system which so far covered some 220m by 300m and […]
Anglesey starts 2,750m drill at Parys
Anglesey Mining plc has started a nine-hole diamond drill programme for 2,750 metres at its copper-lead-zinc project on Parys Mountain, Anglesey. PROGRAMME The three-month programme will gather additional information for a feasibility study expected to begin during 2022. Anglesey Mining said that the drill programme includes infill drilling of the White Rock zone to convert […]
Alba notes substantial precious and base metals results in Dolgellau
Alba Mineral Resources plc said it had a suite of substantial precious and base metal results from its field exploration in the Dolgellau gold field (DGF), Wales. DOLGELLAU Alba has conducted further exploration across a number of high-priority regional targets in the DGF. The company said that multi-commodity mineralisation had been confirmed from sampling at […]