Arkle Resources plc’s joint venture has been awarded a further prospecting licence surrounded by the five already held in Stonepark, Ireland. PROSPECTIVE Canadian company Group Eleven Resources Corp holds 76.56% and Arkle owns the remaining 23.44% of the zinc project. Arkle said that the interpreted southwest continuation of the prospective Coonagh Castle Fault lay under […]
Tag: zinc
CMR adds 26 polymetal permits to Morocco portfolio
Critical Mineral Resources plc (CMR) has added 26 exploration permits prospective for copper, antimony, tungsten, lead-zinc and gold to its Morocco portfolio. INFRASTRUCTURE The new permits were secured through an all-share acquisition of Hesperis Resources SARL, of which CMR’s new chief operating officer Noureddine Sabraoui is a 25% beneficial owner. Sixteen of the permits are […]
CAML plans exploration with $57m and new licence
Central Asia Metals plc (CAML) ended 2023 with $57.2 million cash and growth plans with a new mid-scale copper exploration licence in Kazakhstan. EXPLORATION The company formed a new subsidiary CAML Exploration in an arrangement with a team from Terra Exploration. “Potential target areas have been reviewed and remain under review, and currently one exploration […]
CRL highlights ‘significant mineralisation trends’
Cornwall Resources Ltd (CRL)’s completed field activities for the Deep Digital Cornwall (DDC) project have indicated “significant mineralisation trends near surface” at its Redmoor licence. TARGETS Parent company Strategic Minerals plc said that CRL submitted analytical data for 2,186 soil samples and a highly detailed ground gravity survey and 3D interpretation. The updated results improve […]
Galantas looks to district scale potential at Gairloch
Galantas Gold Corporation said its latest drill results from the Gairloch project in Scotland confirmed the potential for a district-scale polymetallic project. MINERALISATION The Canadian company drilled the second exploration hole 23-GL-02 to a depth of 50 metres as a step back from hole 23-GL-01, testing the Kerry Road deposit. The drillhole intersected 1.88 g/t […]
Galantas finds cobalt-vanadium at Gairloch
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 […]