Metals & Minerals News

Chesterfield finds significant gold mineralised system

Chesterfield Resources plc said that assay returns from recent diamond drilling revealed a significant gold-mineralised system in the Westline target at its Troodos West project in Cyprus. INTERSECTIONS The company added that thick and locally high-grade gold intersections were evidence of a significant gold-enriched mineralised system which so far covered some 220m by 300m and […]

Metals & Minerals News

Power Metal reports high grade overlimit assay results at Silver Peak

Power Metal Resources plc reported high grade overlimit assay results from its 2021 diamond drilling exploration campaign at the Silver Peak project in British Columbia. SIGNIFICANT Phase 1 of the programme comprised 19 short cored drill holes with overlimit assays on all copper, antimony and lead results which returned >10,000 ppm (1%) from the original laboratory […]

Metals & Minerals News

Kavango signs MoU for 90% of copper-silver LVR project

Kavango Resources plc announced it had signed a memorandum of understanding (MoU) to accelerate its 90% ownership of the copper-silver LVR joint venture (JV) in the Kalahari copper belt (KCB), Botswana. LICENCES The LVR GeoExplorers (Pty) Ltd JV comprises prospecting licences PL082/2018 and PL 083/2018 which cover 1,091km2 of prospective ground. Kavango currently owns 25% and as […]

Metals & Minerals News

Anglesey starts 2,750m drill at Parys

Anglesey Mining plc has started a nine-hole diamond drill programme for 2,750 metres at its copper-lead-zinc project on Parys Mountain, Anglesey. PROGRAMME The three-month programme will gather additional information for a feasibility study expected to begin during 2022. Anglesey Mining said that the drill programme includes infill drilling of the White Rock zone to convert […]

Metals & Minerals News

Kavango targets majority share in Molopo

Kavango Resources plc said it had entered an exclusive three-month option to acquire the majority share of the nickel-copper-platinum group elements Molopo Farms Complex project in Botswana. BUSINESS PARTNERS In an all-share transaction Kavango would acquire 85.23% of Kalahari Key Mineral Exploration Proprietary Ltd (KKME) which owns prospecting licences PL310/2016, PL311/2016 and PL202/2018 at Molopo. […]

Metals & Minerals News

Kavango identifies high priority Ni-Cu-PGE target at KSZ

Kavango Resources plc said it had identified 30km strike length of distinct magnetic Proterozoic gabbro at the Kalahari Suture Zone (KSZ) project in Botswana. REVISED MODEL The company added that the 30km strike length was now a high priority exploration target for the detection of possible large-scale nickel-copper-platinum group element (Ni-Cu-PGE) mineralisation. Strategic partner Spectral […]