Botswana Minerals plc has identified a copper and silver anomaly as well as lead-zinc mineralisation as possible drill targets on two of its licences in Ngamiland, northwest Botswana. PATTERNS The company said that the phase I work, using artificial intelligence, suggested that there might be two separate mineralised zones. The copper anomaly stretches some 9.5km […]
Month: September 2026
First Development to drill Lander West
First Development Resources plc has been granted an environmental (mining) licence, which allows drilling on the Selta project in the Northern Territory, Australia. COMPELLING The company will focus on the high priority Lander West gold target, located within the Stafford gold trend. Operations will include targeted reverse circulation drilling for 40 reverse circulation drill holes, […]
Power Metal posts mixed findings at Badger Lake
Power Metal Resources plc confirmed “favourable” geological conditions for uranium mineralisation but “no elevated radioactivity” at Badger Lake in the Athabasca Basin area, northern Saskatchewan, Canada. EXPLORATION A now completed diamond drilling programme of four holes for a total of 1,922 metres aimed to test “fault structures and analogies of major deposits”. Drilling intersected “highly encouraging […]
Reabold clarifies Bitcoin plan for West Newton
Reabold Resources plc is continuing to investigate the possibility of mining Bitcoin to finance gas production at the West Newton joint venture in East Yorkshire. SCALE The company first raised the idea in August 2025 when the JV also signed a non-binding letter of intent with Texas-based 360 Energy for potential Bitcoin mining. Operations at […]
Galantas investor nears 20% shareholding
Galantas Gold Corporation shareholder Eric Sprott has, through his company 2176423 Ontario Ltd, exercised 39 million common share purchase warrants, at C$0.12 (£0.06) per ordinary share, for C$46,800 (£25.253). TVRs Following the exercise, Mr Sprott will hold approximately 99,166,667 ordinary shares, equal to 19.9% of the Canadian company’s issued share capital. Galantas also reported that on […]
Tertiary awards 47m warrants
Tertiary Minerals plc has granted a total of 47 million five-year warrants, exercisable at 0.085 pence per new ordinary share, to its directors and employees as part of their remuneration. ZAMBIA The warrants represent 0.91% of the company’s existing issued share capital and allow the recipients to subscribe for new ordinary shares of 0.01 pence […]