Power Metal Resources plc said it had started assessing priority targets for drilling at its Pilot Mountain tungsten-copper-silver-zinc project in Nevada, USA. STRUCTURE The company’s subsidiary (83.13%) Golden Metal Resources owns 100% of the Pilot Mountain, Garfield and Stonewall projects and a right to earn-in to a 100% interest in the Golconda project. Golden Metal […]
Tag: copper
Tertiary continues focus on Nevada and Zambia copper
Tertiary Minerals plc today said it would continue its focus on “the most widely used battery metal” – copper – at the company’s projects in Zambia and central Nevada, USA. BRUNTON PASS The company will next week begin a trenching programme at its 100%-owned Brunton Pass copper project. The programme comprises up to 950m trenching […]
Anglesey assays show mineralised system at White Rock
Anglesey Mining plc said its second round of assay results showed an “extensive mineralised system” in the White Rock deposit at the company’s polymetallic project on Parys Mountain on Anglesey, Wales. WHITE ROCK The company, which owns 100% of the copper-zinc-lead-silver-gold volcanogenic massive sulphide project, added that the results also showed multiple broad intercepts. Micon […]
Kavango’s Ditau rare earth and KCB projects valued at $8 million
Kavango Resources plc said it had received an independent valuation of US$8 million for its rare earth element (REE) Ditau Camp and Kalahari Copper Belt (KCB) joint venture in Botswana. VALUATION The 50-50 JV, under Kanye Resources plc, is between Power Metal Resources plc and operator Kavango which intends to regain 100% control of the […]
Caerus notes portfolio company-shareholder dispute
Caerus Mineral Resources plc said it was monitoring a dispute resolution between its portfolio company New Cyprus Copper P.A. Ltd (NCC)’s investee company and a shareholder. INTERESTS NCC owns a 90% interest in Treasure Development Ltd (TDL) in Cyprus and is also responsible for maintaining and progressing other Cypriot projects. Australian-listed BMG Resources Ltd is […]
Caerus NED Andrew Daniels resigns
Caerus Mineral Resources plc said that Andrew Daniels had resigned as non-executive director (NED). Mr Daniels will remain a director of New Cyprus Copper P.A. Ltd which is part of Caerus’ Cypriot portfolio. New Copper holds joint venture exploration licences in Cyprus.