Focus Xplore plc has appointed local consultants to complete initial exploration at the Iva, Ellie and Oba lithium and Bay Road rare earth elements projects in northwest Ontario. PROGRAMME Fladgate Exploration Consulting Corporation’s activities this Spring will include mapping and sampling over the projects’ respective 642 hectares, 530ha, 1,175ha and 425ha. Focus said that work […]
Tag: rare earth elements
EGT appoints Cathal Friel as chairman
European Green Transition plc has appointed its co-founder Cathal Friel as its non-executive chairman, with immediate effect. Mr Friel, who replaces Daniel Akselson, has more than 20 years’ experience in corporate finance and merger and acquisitions. He was previously chairman of hVIVO plc (formerly Open Orphan plc), before which he co-founded Amryt Pharma plc which […]
EGT granted more time for Pajala
European Green Transition plc has secured a three-year extension until March 2028 for the Pajala copper-graphite licences, Liviovaara 101 and Lehtosolka 101, in Northern Sweden. DEVELOPMENT The company said that “sufficient” work has been completed at the project for the Swedish mining authority to grant more time. EGT plans to either sell or find a […]
Katoro exits Haneti to focus on Ontario
Katoro Gold plc and Power Metal Resources plc have exited the Haneti nickel-lithium joint venture in central Tanzania due to the high levels of expenditure required. ONTARIO Katoro holds 65% of Haneti and Power Metal owns 35%. The early-stage project last underwent diamond drilling in 2022, with results failing to show economically significant nickel but […]
31 Explore acquired by Katoro Gold
Darlington-based ‘mineral exploration project generator’ 31 Explore Ltd has been acquired by Tanzania-focused Katoro Gold plc for 750 million warrants, under a heads of terms agreement. POWER METAL Katoro’s non-executive chairman Sean Wade, who is also chief executive of Power Metal Resources plc which holds 35% of Katoro, beneficially owns 14.29% of 31 Explore. Incorporated […]
EGT positive on final drill results from Olserum
European Green Transition plc reported positive results from the final five drill holes at the Olserum rare earth element project in Sweden. TARGETS The company, which previously confirmed the district-scale potential of its licence, has intersected mineralisation in all 13 drill holes. Recent results are for three holes at Djupedal prospect and two holes from […]