Central Asia Metals plc (CAM) minimised losses during 2020 as it increased cash in the bank while paying off more debt. The company owns 100% of the Kounrad SX-EW copper project in central Kazakhstan and Sasa zinc-lead mine in North Macedonia. For full year results for the 12 months ended 31 December 2020, the company reported group gross […]
Tag: copper
Tertiary boosted by copper results at Lucky
Tertiary Minerals plc said it had encouraging analytical results from its first drill hole at the Lucky copper project in Nevada, USA. Hole 21TLRC001 was drilled to a depth of 108.24 metres and intersected two magnetic gossan zones containing low-grade copper (+/-gold) mineralisation. The miner said that there was highly anomalous copper (average 325 per […]
Altus Strategies adds to metals licences in Morocco
Altus Strategies plc has increased its metals projects in central Morocco to seven after being awarded three new copper and silver exploration licences. The projects – Izougza copper-silver; Azrar copper; and Tata copper – were awarded to the company’s 100% owned subsidiary, Aterian Resources Ltd, following a competitive tender process. The mining royalty company said […]
CRL to explore for copper-tin extensions
Cornwall Resources Ltd announced it aimed start work in early April on a trenching and auger exploration programme to investigate extensions of tin and copper mineralisation at Redmoor, Cornwall. TARGETS The subsidiary of Australian company Strategic Minerals, hopes to extend its programme up to 1,000 metres to the west of its current resource. It has […]
Power Metal acquires McKellar gold-VMS property in Ontario
Power Metal Resources plc has exercised its option to acquire the McKellar property located on the Schreiber-Hemlo greenstone belt in northwest Ontario, Canada. EXCLUSIVE OPTION The underexplored property comprises 58 mining claims (49 single cell mining claims and nine boundary cell mining claims) covering circa 12.3km². McKellar is one of four gold exploration properties on […]
Geologists unite for £4m Deep Digital Cornwall
Mining exploration companies in Cornwall will collaborate in a £4 million programme to gather fresh geochemistry and geophysical data for a new centre in the county. PARTNERS Cornwall Resources Ltd, a subsidiary of Australian miner Strategic Minerals, has been chosen for the Deep Digital Cornwall (DDC) project funded by the European Regional Development Fund. The […]