Panther Metals plc has started a sampling programme of tailings at the Winston project on the historic Winston Lake mine in Ontario, Canada. QUANTITY The work also involves assessment of the financial potential of tailings reprocessing and the opportunities to increase the operational life of the project. Panther will also evaluate the potential to grow […]
Metals & Minerals
Alba to acquire 51% stake in Motzfeldt
Alba Mineral Resources plc has agreed a 51% stake in, and operatorship of, the Motzfeldt niobium-tantalum-zirconium-rare earth element project in the Gardar Province in southern Greenland. ARIES The project adds to Alba’s portfolio of a 26.15% share in spin-out GreenRoc Strategic Materials plc, the Finnbo REE and gold earn-in in Sweden and its Clogau-St David’s […]
Ormonde investee to increase Staghorn footprint
Ormonde Mining plc’s investee looks to increase its footprint and has also completed 1,988 metres’ diamond drilling at the Golden Rose copper-gold project in the central Newfoundland gold belt, Canada. FOLLOW-UP TRU Precious Metals Corp exercised its initial option to acquire a 51% interest in the Staghorn property which represents around 11% of the overall project. […]
Power Metal’s Australia subsidiary nears listing
Power Metal Resources plc expects to complete the listing in the coming weeks of its 2021 Australia acquisition held in First Development Resources plc. ASSETS FDR owns three prospective copper-gold projects of Wallal, Ripon Hills & Braeside West in the Paterson Province, Western Australia. The company also holds the Selta uranium and rare earth elements project in […]
Cornish Metals issues 287,914 shares
Cornish Metals Inc. has issued 287,914 common shares via the exercise of 750,000 stock options using a “net exercise” which shareholders approved in June 2023. TVRs The method involves issuing shares equivalent to the value of the net gain, which is the difference between the exercise price and the market value on the date of […]
Oriole directors buy 19.7m shares
Oriole Resources plc reported three directors’ purchases of a total 19,711,343 ordinary shares of 0.1 pence each in the company, at an average price of 0.21 pence per share. TVRs Chair Eileen Carr bought 15 million shares and now holds 196,672,969 shares, equal to 5.05% of the issued share capital of Oriole following the transaction. Chief […]