Metals & Minerals News

Guardian issues two million shares

Guardian Metal Resources plc has issued 2,094,996 shares following warrant exercises by the company directors and other warrant holders for £294,195. DIRECTORS The exercise follows the expiry of the 10.75p and 17p warrants, after which the remaining warrant holders are no longer considered to hold inside information. A total of 991,276 warrants were exercised over new […]

Metals & Minerals News

Panther begins sampling at Winston tailings

Panther Metals plc has started a sampling programme of tailings at the Winston project on the historic Winston Lake mine in Ontario, Canada. QUANTITY The work also involves assessment of the financial potential of tailings reprocessing and the opportunities to increase the operational life of the project. Panther will also evaluate the potential to grow […]

Metals & Minerals News

Ormonde investee to increase share in Staghorn

Ormonde Mining plc’s investee looks to increase its share of the Staghorn property within the Golden Rose copper-gold project in the Central Newfoundland Gold Belt, Canada. ASSAYS TRU Precious Metals Corp exercised its initial option to acquire a 51% interest in the Staghorn property, which itself represents around 11% of the overall project. The Canadian operator […]

Equipment & Logistics Metals & Minerals News

Cornwall Resources starts drilling at Redmoor

Cornwall Resources Ltd has started a nine-borehole drill programme for 5,300 metres of new diamond core drilling at the Redmoor tungsten, tin and copper project in the east of the county. SOURCE The first of three drill holes is on Redmoor Road in Kelly Bray, Callington with all three expected to complete in three months. A […]

Metals & Minerals News

Karelian significant shareholder reduces stake

Karelian Diamond Resources plc’s significant shareholder David John Naylor has reduced his stake in the company. In February, Mr Naylor held 10,509,468 ordinary shares of €0.00025 each, equivalent to 8.17% of Karelian’s then issued ordinary shares and voting rights. Following a sale of shares today, he has an interest of 7,656,757 ordinary shares, equivalent to […]

Metals & Minerals News

Panther-Fulcrum mull deal over Winston tailings

Panther Metals plc will assess the commercial potential of its recently acquired option of Winston tailings in Ontario with its former investee focused on gold tailings recovery, Fulcrum Metals Ltd. CASHFLOW The project comprises the two deposits of Pick Lake and Winston Lake, the Winston Lake mine site infrastructure and “highly prospective” exploration targets. Panther […]