Guardian Metal Resources plc has issued a total 4,627,142 new ordinary shares of 1p each following notices to exercise warrants at 17p per warrant share for a total of £786,614.14. TVRs Following admission, the company’s issued share capital will comprise 138,965,494 ordinary shares of one pence each. The same number will represent Guardian’s total voting rights. […]
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Focus to begin lithium exploration in Ontario
Focus Xplore plc expects to begin exploration at the Iva and Ellie lithium and Bay Road rare earth element projects in Ontario, Canada. GOALS Fladgate Exploration Consulting Corporation are anticipated to start activities later this week with the arrival of warmer weather. Focus said it aimed to meet its exploration goals by appointing a second […]
Oriole returns 125 gold-bearing intersects at Mbe
Oriole Resources plc reported an “incredible” discovery rate of 125 gold-bearing intersections in the first eight drill holes from its inaugural campaign at the Mbe orogenic gold project in the Adamawa region, Cameroon. MRE A total of 2,667.3 metres’ drilling at the MB01-S target revealed approximately “one gold intersection for every 21m drilled”. Results from […]
EGT secures more time for Olserum
European Green Transition plc has secured a four-year extension until June 2029 for its Olserum No. 21 licence at the Olserum rare earth elements project in southeast Sweden. MONETISATION The 10.99km2 licence has a historic resource estimate of 4.5 million tonnes grading 0.6% total rare earth oxides (TREO) in the indicated category and 3.3Mt grading 0.63% […]
Anglesey issues 12.1m share options
Anglesey Mining plc has issued a total of 12.1 million options to directors and employees to ensure the recipients are “appropriately compensated, motivated and retained”. DIRECTORS The share options have an exercise price of 1.2 pence, representing a premium of approximately 41% to the closing share price of 0.85p on 8 May. Issued under Anglesey’s […]
Conroy finds antimony samples at Clontibret
Conroy Gold and Natural Resources plc has discovered antimony-bearing float samples from its Clontibret gold deposit area in County Monaghan, Ireland. TREND The company said it identified the boulders during recent work near a reported historic antimony trial pit, northeast of the two historic antimony mines of Tullybuck and Lisglassan. The company noted that the […]