Critical Mineral Resources plc confirmed a potential new, district scale copper-silver play, following “extremely encouraging results” from inaugural core drilling at Agadir Melloul, central Morocco. RHYOLITE The company also plans to accelerate its programme with an additional rig, to drill multiple targets, at its 60% earn-in of the 80 km2 sedimentary hosted deposit. “Exceptional” near-surface copper […]
Tag: copper
Guardian issues 100,000 new shares
Guardian Metal Resources plc has issued 100,000 new ordinary shares of one pence each, following an exercise over options at 0.14p per warrant share, for £14,000. TVRs Following admission, the company’s issued share capital will comprise 167,998,967 ordinary shares of one pence each. The figure also represents Guardian’s total voting rights. The company holds tungsten, lithium, base and […]
Redmoor shows new zones of high grade tin-tungsten
Cornwall Resources Ltd reported new zones of high-grade tin and tungsten from its drilling campaign at Redmoor in Cornwall. GLOBAL Assays from drill hole CRD033 include 2.00 metres at 1.06% tin from 231.90m. The results allow the company to restate sampled intersections, adding a tungsten trioxide equivalent. Results now include 2.00m at 4.04% tungsten trioxide equivalent […]
Alba begins inaugural drill at Finnsbo
Alba Mineral Resources plc has started its inaugural drill, of three holes for 300 metres, at the Finnsbo gold-copper-rare earth elements earn-in located in eastern Bergslagen, Uppland, eastern Sweden. EXPENDITURE The two-week operation aims to determine continuity of high-grade mineralisation, with a focus on the ‘Pop 2’ site. Alba’s first stage earn-in involves the right […]
CMR finds visible mineralisation at Agadir Melloul
Critical Mineral Resources plc reported visible copper mineralisation in more than 60% of completed drill holes, and defined a new exploration target, at Agadir Melloul in central Morocco. MINE The company is earning 60% of the sedimentary hosted copper-silver deposit, which covers 80 km2. Operations began in September, with 20 drill holes completed so far, […]
European signs exclusive option to sell Pajala
European Green Transition plc has agreed an exclusive six-month option to sell its Pajala copper project in northern Sweden. MONETISING Potential purchaser, Recovery Metals Cyprus Ltd, will fund all due diligence on the project’s Liviövaara nr 101 and Lehtosölkä nr 101 exploration licences. European said that Pajala was a potential iron oxide copper gold (IOCG) […]