Cornish Metals Inc yesterday began wet commissioning, originally expected in May, of its new mine water treatment plant at South Crofty. PROCESS The plant will use high density sludge (HDS) process technology to treat raw mine water with 25,000m3/day of water pumped directly from South Crofty tin mine. The Canadian company will fill all the […]
Author: editorial
Prospex issues 2.5m shares to clear CLNs
Prospex Energy plc received notices to convert a total £109,043.57 in the final two of a group of convertible loan notes into 2,565,732 new ordinary shares each of 0.1p in the company. The CLNs, issued in July 2022, are convertible at 4.25p per share. On admission, the company will have 329,272,881 ordinary shares in issue. “These […]
Sunrise reports ‘medium-high grade’ sepiolite at Pioche
Two principal horizons of “medium-high grade” have been confirmed at Sunrise Resources plc’s sepiolite project near the town of Pioche in Lincoln County, Nevada. COMMERCIAL QUALITY Owner Sunrise Resources plc said that the summer’s exploration programme saw option holder and Spanish subsidiary Tolsa SA complete 20 drill holes over 2km by 1.1km. The holes, drilled […]
Golden Metal targets potential ‘large-scale’ copper zones
Golden Metal Resources plc reported potential large scale porphyry and skarn type copper mineralised bodies on two previously identified anomalies at the Garfield project in Nevada. MINERAL SYSTEM The Power Line and High-Grade zones have undergone detailed geochemical analysis since their discovery in May. Within the northeast of High-Grade, findings show a hornfels zone with tellurium and […]
Oriole refocuses Wapouzé on industrial minerals
Oriole Gold plc has identified “high-grade carbonate material” at Wapouzé but “significantly lower” gold potential than its nearby Bibemi project in northern Cameroon. ROYALTY The company said that a review of historical data showed the potential for “cement-quality limestone”. A total of 13 of 14 rock chip samples from outcropping limestone were suitable for the […]
i3 Energy CFO purchases 200,000 ordinary shares
i3 Energy plc chief financial officer Jason Dranchuk has bought 200,000 ordinary shares of 0.01 pence each in the company, at a price of C$0.215 per share. The purchase, on 22 and 25 September 2023, takes Mr Dranchuk’s total beneficial interest to 200,000 ordinary shares, representing 0.02% of the company’s issued share capital.