First Class Metals plc has started exploration and a historical data review of rare earth elements (REEs) on the McKellar polymetallic claim block in the Schreiber-Hemlo region of Ontario, Canada. MCKELLAR The property, comprising 58 claims covers 11km², contains known ‘showings’ or samples of gold, silver and base metals as well as a diatreme* with […]
Author: editorial
UKOG completes Phase II seismic over Resan
UK Oil & Gas plc (UKOG) has completed acquisition of the Phase II seismic programme over its Resan licence (50%) in Turkiye. SEISMIC PROGRAMME The project is a 50-50 joint venture between UKOG and operator Aladdin Middle East. The company said that the programme, comprising four new 2D seismic lines over the possible updip western […]
NAE orders revised scoping study on Lochinvar
New Age Exploration Ltd (NAE) said it had commissioned a new study of its 100% owned Lochinvar coking coal project which had drawn fresh interest from investors. LOCHINVAR The project comprises three adjacent exploration and conditional underground mining licences of Lochinvar, Lochinvar North and Lochinvar South on the border of England and Scotland. SCOPING STUDY […]
Parkmead to drill first exploration well at Skerryvore
The Parkmead Group will drill its first exploration well in Skerryvore as it increases its stake from 30% to 50% in the high-impact UK central North Sea project. INFRASTRUCTURE The operator’s joint venture partners are Serica Energy (UK) Ltd with 20% and CalEnergy (Gas) Ltd holding 30%. The company said that its geotechnical work programme […]
Tertiary ‘turbo charges’ exploration with FQM deal in Zambia
Tertiary Minerals plc has signed a technical cooperation agreement with First Quantum Minerals Ltd (FQM) for two of its copper exploration licences in Zambia. PROJECTS The Mukai licence 27066-HQ-LEL, in Zambia’s North-western Province, is next to FQM’s Trident project which includes the large Sentinel copper mine and the recently opened enterprise nickel mine. The Mushima […]
Arkle notes restart of drilling at Stonepark
Arkle Resources plc’s joint venture (JV) partner is due to restart drilling at the Stonepark zinc and lead project in County Limerick, Ireland. PROGRAMME The JV, comprising six contiguous prospecting licences covering 184km2, is between Arkle (23.44%) and operator Group Eleven Resources Corp (76.56%). Group Eleven has to date completed three of six planned holes […]