Panther Metals plc has completed high resolution airborne magnetic geophysical drone surveys over three high prospectivity areas at Obonga in Ontario, Canada. TARGETS The Survey prospect contains a volcanogenic massive sulphide discovery while the Ottertooth and Silver Rim geophysical anomalies are yet to undergo drill testing. Once processed, the data will be used to prepare […]
Author: editorial
Fulcrum acquires uranium projects
Fulcrum Metals plc has exercised an option to acquire a 100% interest in the Charlot-Neely Lake, South Pendleton and Snowbird uranium projects in Saskatchewan, Canada. AGREEMENT The projects, covering 11,481 hectares, were owned by Gary Clayton Dunn and Jonathan Stewart Dunn who granted the Dunn option to Fulcrum. Fulcrum previously paid C$5,000 on receiving the […]
Cornish Tin records new tin lodes-intercepts
Cornish Tin Ltd reported positive results from its phase II exploration drilling at Great Wheal Vor in Cornwall. GOLDILOCKS From February to April, the company completed 2,810 metres diamond drilling with 1,506m focused on tin and 1,304m on the new lithium field intercepted in phase I. In phase II, drillhole four tested and proved a conceptual […]
Oriole renews Cameroon gold licences
Oriole Resources plc has secured a further two years for its five gold exploration licences within the Eastern Central Licence Package in the Adamawa and North regions, Cameroon. Held through the company’s 90%-owned subsidiary Oriole Cameroon SARL, the renewed licences represent a contiguous, district-scale land package covering 2,266km2. The Eastern CLP includes the flagship 80%-owned Mbe licence, […]
Panther confirms Glass Reef gold mineralisation
Panther Metals plc confirmed gold mineralisation from four of five inaugural diamond drilled holes at the Glass Reef target in Manitou Lakes, Ontario. BREAKTHROUGH The drilling programme was a follow‐up on the “widespread” anomalous gold-in-soil and rock sampling values in Panther’s geochemical survey over the historical Glass Reef mine area. The company said that there were […]
Karelian raises £329,000 via discounted placing
Karelian Diamond Resources plc has raised £328,747 through a 38.8% discounted placing. USES The placing comprised 21,916,479 ordinary shares of €0.00025 each, at 1.5 pence perordinary share. Certain parties also capitalised amounts owed to them totalling £25,252.75 by the issue of 1,683,516 new ordinary shares at the issue price. Each placing share and investment share […]