Alba Mineral Resources plc said it maintained its earn-in rights to the Finnsbo rare earth elements project in Sweden, despite “certain public statements” on the “purported termination” of the agreement. UNFOUNDED The company added it had fulfilled the earn-in terms, which involved an agreed work programme of drilling three holes in late 2025. Alba, which […]
Tag: earn-in
Oriole receives first $300,000 for Bibemi earn-in
Oriole Resources plc has received the first US$300,000 tranche of funding from BCM International Ltd, relating to an earn-in completion agreement at its Bibemi gold project in Cameroon. NEGOTIATIONS BCM has now earned a 50% beneficial interest in the Bibemi orogenic gold project, located in the northeast of the country. The operator is also earning […]
Alba completes inaugural drilling at Finnsbo
Alba Mineral Resources plc has completed an inaugural drilling programme at its Finnsbo gold-copper-rare earth elements earn-in located in Bergslagen, Uppland, eastern Sweden. EARN-IN The company drilled three holes for a total of 300 metres, focusing on the ‘Pop 2’ site, to determine continuity of high grade mineralisation. Laboratory assays are pending. Alba’s first stage […]
Oriole signs Mbe-Bibemi completion agreement
Oriole Resources plc has signed a completion agreement, including 2,950m inaugural diamond drilling, with its earn-in partner on the Bibemi and Mbe gold projects in Cameroon. EXPLORATION BCM International Ltd expects to begin operations in December, and will focus on MB01-N. The operator aims to convert the target’s range of 15 to 20 million tonnes […]
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 […]
Power Metal nears Oman copper earn-in target
Power Metal Resources plc has completed 10% of its 12.5% earn-in on the Block 8 copper exploration concession in northern Oman. TARGETS The company spent US$500,000 on work including rock chip sampling, mapping and in-fill gravimetric geophysics surveys focused on “high priority” prospects, Al Maider and Al Mansur. Power Metal said that both prospects had the […]