European Green Transition plc has secured a three-year extension until March 2028 for the Pajala copper-graphite licences, Liviovaara 101 and Lehtosolka 101, in Northern Sweden. DEVELOPMENT The company said that “sufficient” work has been completed at the project for the Swedish mining authority to grant more time. EGT plans to either sell or find a […]
Tag: copper
Cornwall Resources to progress Redmoor with £1.5m
Cornwall Resources Ltd has agreed more than £764,000 funding with the Government for the first exploration drilling since 2018 at its Redmoor tungsten, tin and copper project. MRE The company’s parent Strategic Mineral Resources plc said it would match the funds up to a total project spend of £1,529,701. Operations over 12 months will include […]
Tertiary completes first Konkola West drill hole
Tertiary Minerals plc’s earn-in partner has completed drilling the first hole, short of the target horizon, at the Konkola West copper project in Zambia. POSITIVE Following “continued technical difficulties and limited advancement” operator KoBold Metals drilled hole KWDD001 to a down-hole depth of 2,711.1 metres. KoBold has the right to earn into the project by […]
Mushima North shows more silver mineralisation
Tertiary Minerals plc’s assays have returned “thick” intervals of silver mineralisation associated with “broader” intervals of copper and zinc mineralisation at the Mushima North project in Zambia. ANOMALIES In Autumn 2024 the company drilled 25 holes on three traverses at target A1, a copper-in-soil anomaly, and one at C1. Results near surface at target A1 […]
CMR receives £462,474 via CLNs
Critical Mineral Resources plc has secured an additional £462,474 through the issue of convertible loan notes, following the £2.5 million investment earlier this month. The CLNs are convertible into ordinary shares in the company at £0.0145 per share, accruing interest of 5% per annum. CMR, focused on silver, copper and manganese in Morocco, will receive […]
CMR secures £2.5m for Morocco activities
Critical Mineral Resources plc has secured a £2.5 million investment from Gilini Holdings Ltd to advance its activities in Morocco. OPPORTUNITIES The funds will be used to acquire more projects, expand CMR’s commodities trading venture, progress its existing Morocco portfolio and for general working capital. Of the total investment, £2,075,000 has an average purchase price […]