Tertiary Minerals plc has agreed up to a £450,000 unsecured convertible loan for three years to further exploration at the Mushima North silver-copper-zinc project in Zambia. TVRs The company will allot and issue 37,500,000 new ordinary shares for fees to the lender, Sanderson Capital Partners Ltd, at 0.06 pence, being the closing bid price on […]
Day: 2 December 2025
Tertiary begins 1,000m drilling at Mushima North A1
Tertiary Minerals plc has started 1,000-metre reverse circulation drilling to test extensions of mineralisation at target A1 on the Mushima North silver-copper-zinc project in Zambia. EXTENSIONS The programme will test “further lateral extensions” of known mineralisation, focusing on the area around high-grade silver and copper mineralisation in the north. Drilling will also test continuity of […]
Tungsten West generates first trial concentrate
Tungsten West plc has produced its first tungsten concentrate during a processing trial at Hemerdon mine in Devon. STRATEGIC The company said that the trial was part of a programme to test and optimise key sections of the mineral processing facility. Work will also de-risk operations and collect technical data for the restart of full-scale […]
Corcel granted licence for KON-16 seismic
Corcel plc has received final approval of its environmental impact assessment, which grants a full environmental licence for seismic acquisition and drilling in block KON-16, onshore Angola. OPERATOR The company’s local subsidiary, Atlas Petroleum Exploration Worldwide Ltd has also signed a contract for the 2D seismic with B.G.P. Geophysical Limitada, Lda and BGP Inc., China […]
Power Metal reduces shares in FDR
Power Metal Resources plc has reduced its shareholding from 43.44% to 33% in its Australia spin-out First Development Resources plc. The sale on 31 October results in Power Metal holding 45,987,594 votes in FDR and, as at 6 November, Power Metal remained the largest single shareholder. FDR is exploring for base and precious metals, lithium […]