Fulcrum Metals plc returned several metals, including “critical and technology” minerals, from auger drilling at the Teck-Hughes gold tailings project in Kirkland Lake, Ontario. PRODUCTION Results from the expanded programme for 159 holes revealed average grades from surface of 0.63 grams per tonne gold, 0.70g/t silver, 12.86g/t tellurium and 17.12g/t gallium A “growing suite” of “critical and technology […]
Month: September 2026
Arkle issues 5m new shares
Arkle Resources plc issued five million ordinary shares of €0.0025 each, following an exercise of warrants, at 0.35 pence per new share. TVRs The company received £17,500 from the exercise. On admission, Arkle’s issued share capital will comprise 1,488,310,997 ordinary shares, with voting rights. The company holds exploration assets for uranium in Namibia, lithium in […]
Redmoor study improves tungsten-silver recovery
Cornwall Resources Ltd’s recent metallurgical study showed a “significant improvement” in tungsten overall recovery and “confirmed silver recoverability” from the Redmoor project. QUALITY Parent company Strategic Minerals plc said that recoveries for tin and copper remained “broadly unchanged” at 67.2% and 82.4%, respectively. An increase in tungsten trioxide recovery, from 72.0% to 85.8%, represented “a 19.2% relative […]
Prospex awarded Poland licences
Prospex Energy plc has accepted the formal award of the San and Dunajec gas and oil onshore licences in southern Poland. SAN-DUNAJEC The company said that the formal award to its wholly owned local subsidiary PXEN Tatra Sp z.o.o., for a €289,000 fee, is expected to complete during April-May 2026. Prospex plans to establish a […]
Corcel issues 900m shares
Corcel plc has issued 900 million placing shares, in connection with the £3.6m fundraise on 19 March. TVRs Following admission, the company’s total issued share capital will comprise 9,415,475,996 ordinary shares, each with one voting righ. The company does not hold any ordinary shares in treasury. Net proceeds will fund drilling Corcel’s first exploration well, […]
First Class draws down £650,000 from CLN
First Class Metals plc has drawn down £650,000, under revised terms of its convertible loan note facility from January 2026. TVRs Of the sum, the company converted £250,000 into 16,447,368 new ordinary share at a price of 1.52 pence per share, equal to an approximate 18% discount to the mid-market closing price on 20 March 2026. […]