Golden Metal Resources plc has identified three “significant” exploration targets which could increase the resource potential for its flagship Pilot Mountain tungsten project in Nevada, USA. ZONES Results from a high-resolution induced polarisation geophysics survey showed undrilled targets of Desert Scheelite parallel west zone; Porphyry depths zone; and Desert Scheelite east extension zone all within the Walker Lane […]
Tag: copper
Golden Metal publishes inaugural ESG report
Golden Metal Resources plc has published its inaugural environment, social and governance (ESG) report for its as yet non-producing four metals projects in Nevada, USA. MANAGEMENT The company’s principles in the 11-page report include ethical business practices; biodiversity & conservation; social responsibility; sustainable development; and health and safety & risk management. “By establishing this report […]
Golden Metal finds zones of copper anomalies
Golden Metal Resources plc has discovered two zones of “significant” copper anomalies at its Garfield project within the Walker Lane mineral belt in Nevada, USA. EXPECTATIONS The Power Line and High-Grade zones returned individual copper-in-soil results of up to 851ppm and 950ppm copper from high resolution soil sampling results. Golden Metal said that both were […]
Tertiary’s results indicates copper-in-soil anomaly at Lubuila
Tertiary Minerals plc said its preliminary results from soil sampling indicated a “large open-ended copper-in-soil anomaly” at the Lubuila joint venture copper project in Zambia. PROGRAMME The company collected a total 450 soil samples across three separate grids targeting two untested areas of A and B, and a historical copper-in-soil anomaly at area C. Assays […]
Potential Adeline buyer sets exploration budget
Chesterfield Resources plc noted its potential purchaser of the Adeline copper project has earmarked C$2m (£1.18m) for summer exploration on the asset in Labrador, eastern Canada. ACTIVITIES Sterling Metals aims for a 2,500 metre drill campaign in addition to the C$500,000 (£296,000) airborne survey planned over the licence area. The finance will come from the […]
Red Rock raises £535,800 via placement
Red Rock Resources plc raised £535,840 before expenses by placing 376,028,070 new ordinary shares each of £0.0001 in the company at 0.1425 pence per placing share. USES Following admission, the company’s total issued share capital will consist of 1,958,538,069 ordinary shares, each with one voting right. Red Rock holds no shares in treasury. Net proceeds will fund the company’s […]