Anglesey Mining plc’s reported further representation of an extensive mineralised system from multiple broad intercepts at its Parys Mountain polymetallic project on Anglesey. FINAL HOLES The company, exploring for copper, zinc, lead, silver and gold volcanic massive sulphide deposits, drilled a total of ten holes as part of the 2022 infill drilling programme. Today’s published […]
Tag: zinc
Ormonde completes €2.3m La Zarza assets sale
Ormonde Mining plc has completed the €2.3 million sale of its land, data and drillcore assets at La Zarza copper-gold-zinc project in Spain. The company has now received an initial €800,000 from the purchaser La Zarza Mineria Metalica S.L.U., a subsidiary of Tharsis Mining S.L. The balance will be paid in three equal payments of […]
Shareholders back Ormonde’s €2.3m sale of La Zarza
Ormonde Mining plc has received 99.77% shareholder approval for the €2.3 million sale of its La Zarza copper-gold-zinc project in Spain. ACQUISITIONS The vote was held in the company’s extraordinary general meeting earlier today. Following completion of the sale, Ormonde will become an AIM Rule 15 cash shell and have to make an acquisition or acquisitions constituting […]
Arkle agrees further drill hole at Stonepark
Arkle Resources plc said it had agreed with its joint venture (JV) partner to drill a further hole at the Stonepark zinc project in Limerick, Ireland. JOINT VENTURE The company holds 23.44% and operator Group Eleven Resources Corp owns 76.56%. STEP-OUT HOLE After completing the current six-hole programme, Group Eleven will drill the additional hole […]
Arkle notes restart of drilling at Stonepark
Arkle Resources plc’s joint venture (JV) partner is due to restart drilling at the Stonepark zinc and lead project in County Limerick, Ireland. PROGRAMME The JV, comprising six contiguous prospecting licences covering 184km2, is between Arkle (23.44%) and operator Group Eleven Resources Corp (76.56%). Group Eleven has to date completed three of six planned holes […]
CAML cautions over global inflation
Central Asia Metals plc reported an increased dividend from a strong financial performance driven by high commodity prices for its Kounrad copper operations in Kazakhstan and Sasa lead-zinc mine in North Macedonia. DIVIDEND In the company’s unaudited interim results for the six months ended 30 June 2022 chief executive Nigel Robinson announced an increase in […]