First Class Metals plc said it was seeking new funding after its largest investor The Seventy Ninth Group Ltd appointed administrators. DISCUSSIONS The move follows a current fraud investigation by City of London Police into Seventy Ninth and the subsequent resignation of the chairman of both companies David Webster. In December 2024, FCM secured a […]
Day: 19 June 2025
Guardian finds tungsten mineralisation at Tempiute
Guardian Metal Resources plc has identified “extensive tungsten-rich skarn and porphyry mineralisation” at the past producing Tempiute tungsten mine and surrounding area in south-central Nevada, USA. STOCKPILES The company subsequently more than doubled its footprint by staking a further 29 new lode mining claims to cover the new target areas. The findings from porphyry expert Dr Lawrence Carter […]
Red Rock issues 147.6m shares
Red Rock Resources plc has issued 146,636,298 ordinary shares of £0.0001 each under its share incentive plan for the 2024-25 tax year as agreed by the trustees on 1 April 2025. DIRECTORS The company’s directors participated in the shares purchase and award of 82,943,994 of the new ordinary shares. Chairman and chief executive Andrew Bell received 27,692,306 […]