Power Metal Resources plc has agreed a three-month extension to signing the 49% earn-in agreement for the Qatan copper-nickel exploration licence in southern Saudi Arabia. AGREEMENT The December 2024 letter of intent for a binding agreement with Al Masane Al Kobra (AMAK) Mining Company was for Power Metal to spend US$3 million for the earn-in. Power Metal […]
Tag: copper
Tertiary drills anomalous copper at Brunton Pass
Tertiary Minerals plc has intersected “thick intervals containing anomalous copper values”, possibly in the halo of a porphyry deposit, at its Brunton Pass copper-gold project in central Nevada, USA. THESIS The first pass phase I drilling programme, started in November 2024, comprised four reverse circulation percussion drill holes for a total 890m. The company said […]
Tertiary nears 3,000m in Konkola West drillhole
Tertiary Minerals plc’s earn-in partner is approaching the deeper-than-planned drill depth of 3,000 metres in the first hole at the Konkola West copper project in Zambia. GROUND-BREAKING The company said that operator KoBold Metals Company had drilled past 2,600m in hole KWDD001 and was drilling in the Kitwe Formation, which forms the upper part of […]
CRL notes further mineralisation at Redmoor
Cornwall Resources Ltd has identified additional tungsten and copper mineralisation from its relogging programme of diamond drill core at its Redmoor project. DERISK The findings follow August 2024 assays of “potentially economic” tungsten-tin-copper mineralisation within the deposit and outside of the mineral resource estimate. The company said that the new mineralisation could contribute to a […]
Guardian finds Cu-Mo mineralisation at Pilot
Guardian Metal Resources plc has confirmed copper-molybdenum mineralisation at surface within the Porphyry South target at the Pilot Mountain tungsten project in Nevada, USA. QUALITY Following November 2024 results of “elevated copper” from widely spaced sampling, highlighting a possible “copper-rich shell” within the target, the company undertook more comprehensive sampling. Results identified “significant” copper and […]
Power Metal finds new copper locations in Oman
Power Metal Resources plc’s exploration fieldwork has returned “very significant” copper results at its proposed 12.5% earn-in on Block 8 in the Hazm area, northwest Oman. AL MAIDAR The concession is held by Australian-listed Alara Resources Ltd and Awtad Copper LLC. A review of historical technical, geophysical and geological data has pinpointed an initial five target areas on […]