Chesterfield Resources plc executive chairman Kashif Afzal has further increased his stake in the company after participating in the £130,000 fundraise on 23 May 2025. POLYMETAL Mr Afzal, through his 100% owned Juniper International FZ LLC, purchased two million ordinary shares each at an aggregate price of 0.5p pence. Juniper’s total interest in Chesterfield is now […]
Month: June 2025
Guardian completes Desert Scheelite drilling
Guardian Metal Resources plc has completed geotechnical drilling for 1,156 metres, targeting the Desert Scheelite zone at the Pilot Mountain tungsten project in Nevada, USA. EXTENSION Seven drill holes were designed to provide geotechnical information in the area of the planned open pit shell. Data from the campaign is also expected to contribute to the […]
Alba progresses Clogau-Finnsbo
Alba Mineral Resources plc continues to progress operations at its Clogau-St David’s gold mine in north Wales and the gold-rare earth elements (REE) farm-in prospect in Finnsbo, eastern Sweden. HIGH GRADE The company has finalised plans for the next phase of underground blasting in the lower Llechfraith shaft at Clogau. Specifications to the technical blasting […]
Altona positive on fluorspar tests and discoveries
Altona Rare Earths plc returned “very encouraging” fluorspar metallurgical test results along with new fluorspar discoveries at its Monte Muambe rare earths project in Tete Province, northwest Mozambique. OUTCROPS Initial flotation tests of ore samples showed a concentrate at 93.62% calcium fluoride, with impurities reduced to “acceptable or near-acceptable levels” for hydrofluoric acid production. “These […]
Focus starts lithium exploration at Burrows
Focus Xplore plc has begun geological prospecting, mapping and sampling activities at its Burrows lithium projects in Ontario, Canada. PEGMATITES The programme follows the start last week of exploration at the Ellie lithium and Bay Road rare earth elements, specifically dysprosium and neodymium, projects. Burrows, comprising three properties across 2,400 hectares, is part of Focus’s […]
Fulcrum directors raise £140,000
Fulcrum Metals plc has raised £140,000 from a directors’ subscription of 2.8 million new ordinary shares at the issue price of five pence. TAILINGS On 23 May chief executive officer Ryan Mee subscribed for 2.3m shares for £115,000 and now has 9,973,910 ordinary shares, equivalent to 15.43% of the enlarged share capital. Chief financial officer […]