Ormonde Mining plc has given a mixed reaction to its 18.9% investee Peak Nickel Ltd’s option offer for Winshear Gold Corp to acquire the Portsoy licence in Aberdeenshire. CHALLENGING If exercised, the Canadian explorer would need to complete a £3 million drilling programme for 1,000m over five years, with a minimum annual spend of £300,000. […]
Tag: Aberdeenshire – Scotland
Peak Nickel begins 1,000m drill at Rodburn
Peak Nickel Ltd has started a 1,000 metre drill campaign, with a possible extension, at the Rodburn project in Aberdeenshire, Scotland. COMPELLING The programme, on the “highest grade battery metals project in the UK”, follows last year’s 2,600m drill for 18 holes, testing areas around historically identified, non-compliant mineral resources. The Sheffield-based company’s new estimate […]