Metals & Minerals News

Guardian issues 4.6m shares via warrants exercise

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. […]

Metals & Minerals News

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 is anticipated to start activities later this week as the weather becomes warmer. Focus said it aimed to meet its exploration goals by appointing a second geological […]

Metals & Minerals News

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 […]

Metals & Minerals News

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% […]