Kavango Resources plc reported the purchase of a total 69.5 million ordinary shares in two directors’ dealings. Non-executive director Peter Wynter Bee purchased 63,250,000 each at 0.8p and chief executive officer Ben Turney bought 6,250,000 shares at the same price. The company’s current interests are copper in Botswana and gold in Zimbabwe.
Tag: base metals
FCM granted exploration permits for North Hemlo-Esa
First Class Metals plc (FCM) has been granted two exploration permits for the company’s North Hemlo and Esa polymetallic properties in the Hemlo area of northwest Ontario. DRILL LOCATIONS The company said it was on target to bring four of its properties to drill-ready status, with the possible exception of Esa, and to drill one […]
Golden Metal notes strong copper mineralisation
Golden Metal Resources plc reported strong copper mineralisation from geological mapping at its Garfield project within the Walker Lane mineral belt, Nevada. EVIDENCE The findings follow identification in September of the potential for large scale porphyry and skarn-type copper mineralisation on two anomalies. Additional focused prospecting and geological mapping over the High-Grade zone showed “strong skarn-type […]
Alba Mineral dewaters Clogau to level 3
Alba Mineral Resources plc has dewatered the lower Llechfraith workings at Clogau-St David’s gold mine to level 3 and completed field work at the historic Caerwych mine site. LOWER LLECHFRAITH The programme began following Natural Resources Wales’ refusal to allow a higher pump rate after heavy rainfall reflooded the lower Llechfraith workings. The company said […]
‘Intriguing’ Mushima North shows positive soil sample results
Tertiary Minerals plc reported positive follow-up results from portable XRF analysis of soil samples at the C1 target at the Mushima North copper project, Zambia. OPEN-ENDED ANOMALY The project, covering 701.3km2, lies 100km east of Manyinga in North-Western Province. C1 target, one of three so far identified, may hold iron-oxide-copper-gold (IOCG) style and traditional copper […]
CMR’s welcomes positive sampling results at Anzar
“Exceptionally” high copper and silver grades from channel sampling results along with the discovery of new mineralised layers have been reported at Anzar, central Morocco. SAMPLING Critical Mineral Resources plc (CMR) said that of a total 11 samples taken from random locations at three different historical mining sites, several returned “significantly higher grades than expected”. […]