Tertiary Minerals plc returned “thick, near-surface” intervals of silver mineralisation, extended 225 metres farther northwards, from two follow-up drill holes on target A1 at Mushima North in Zambia. TONNAGE The target is a large copper-in-soil anomaly measuring 3.1km by 1.7km, associated with a 1.7km by 0.5km zinc anomaly and coincidental to 1.3km by 0.3km silver-in-soil […]
Tag: copper
Altona raises £344,500
Altona Rare Earths plc has raised £344,500 via a subscription for 9,630,000 new ordinary shares of one pence each, at 3.6p per subscription share, and the transfer and exercise of warrants. TVRs The warrants were over 40.5 million ordinary shares, at an exercise price of one pence each. Existing shareholders participated in the fundraise, which […]
Kavango prepares drill targets at Karakubis
Kavango Resources plc is preparing final targets for a follow-up drilling programme at the 6,200km2 Karakubis copper project in the Kalahari copper belt, Botswana. DEPOSITS The company is targeting large-scale copper-silver mineralisation within the acreage of contiguous licences located on the border with Namibia Completion of a six-month ground geophysical programme, working with First Quantum Minerals […]
Altona to use £507,450 at Monte Muambe-Sesana
Altona Rare Earths plc has raised £407,450 through a subscription for 6,913,333 new ordinary shares of one pence each at 2.965p per subscription share, and the transfer and exercise of warrants. DIRECTORS Each new subscription share carries one warrant to subscribe for one new ordinary share at two pence for a period of 12 months […]
Guardian returns high copper-molybdenum at Pilot
Guardian Metal Resources plc’s rock chip sample assays have confirmed a “significant copper-molybdenum footprint” at the 1.5 km2 Porphyry South zone within the Pilot Mountain tungsten project in Nevada, USA. TESTING Sampling from outcrop showed “highly elevated” copper and molybdenum concentrations across Porphyry South, delineating a “sizeable” area of greater than 500 parts per million […]
Panther sees ‘many millions’ cash from Winston
Panther Metals plc said that sampling results had confirmed the “considerable potential value” of the tailings storage facility at its optioned Winston mine project in Ontario, Canada. INFRASTRUCTURE The site comprises the Pick Lake and Winston Lake deposits, the Winston Lake mine site infrastructure and “highly prospective” exploration targets. Sampling returns exceeded the company’s expectations […]