Cornish Tin & Lithium Ltd posted positive results from phase III exploration drilling, targeting lithium-enriched aplite-pegmatite sheets, in the new extension area of Tregonning South in West Cornwall. SHEETS The company said it had previously discovered the same style of mineralisation, named the Newall Formation, at Tregonning North, where lithium grades included 0.3m at 1.33% […]
Tag: copper
Panther begins drilling Awkward conduit at Obonga
Panther Metals plc has started 400 metres’ diamond drilling to test the company’s geological model at the Awkward conduit target, within the Obonga project in Ontario, Canada. CAUTIOUS The programme will target the interpreted lower portion of a “potentially tube-like magma conduit system, or chonolith” which hosts anomalous levels of nickel, copper and platinum group metals. […]
Nativo agrees exploration-development deal for Peru
Nativo Resources plc has agreed to work with a mining services company to identify new gold and other precious metals potential projects in Peru. SHOVEL-READY The framework agreement with operator Constructora e Inversiones Andina Kuboc C&P SAC will see the two companies evaluate and develop mining opportunities. Kuboc already holds the mining and logistics contract […]
Botswana identifies copper targets with AI analysis
Botswana Minerals plc has identified 36 copper anomalies “grouped within six exploration corridors”, which contain clusters of anomalies, on two of its licences in Ngamiland, northwest Botswana. DATABASE The company said that the anomalies, identified using artificial intelligence, shared the geological characteristics of “several major operating and historical deposits”. Botswana continues to evaluate the remaining […]
Strategic expands infill drilling at Redmoor
Strategic Minerals plc has expanded its current infill drilling programme, from 16,000 metres to 22,500m, following strong results at its Redmoor tungsten-tin-copper project in southeast Cornwall. RIGS The company’s subsidiary Cornwall Resources Ltd has to date completed the first of seven holes and started the second on 7 May. Strategic said that initial hole CRD042 […]
Altona chairman increases shareholding
Altona Rare Earths plc non-executive chairman Harvey Sinclair has bought 154,995 ordinary shares of £0.01, at £0.032 per share. HOLDING The £4,959.84 purchase on 8 May results in Mr Sinclair’s beneficial holding increasing to 2,100,757 shares, representing 0.47% of the company’s issued share capital. Altona owns the Monte Muambe rare earth elements-fluorspar-gallium project in Mozambique and […]