Central Asia Metals plc has created a “solid platform for growth” from its cash holding of $50.6 million from copper-lead-zinc operations in Kazakhstan and North Macedonia. FINANCES In its half-year results, the company said it had started early-stage exploration in Kazakhstan with Terra Exploration and in 2023 expects to complete the Kounrad solar power plant. Group […]
Tag: exploration
Tertiary receives Mukai-Mushima North permits
Tertiary Minerals plc has received its delayed permits for soil sampling in the forest areas within Mukai and Mushima North copper licences in Zambia. TARGETS Target C1 in Mushima North showed a “wide, low-grade” intersection of copper mineralisation from recent resampling of core from drill hole RKN800, and sits on the margin of a gravity […]
Power Metal courts US investors with OTC listing
Power Metal Resources plc aims to attract American investors by applying for an OTC listing in the USA. EXPLORATION The company added it was accelerating exploration across its Athabasca uranium interests in Saskatchewan, Canada, and the Tati gold fields project in Botswana. In its company results, Power Metal reported an increase in audited shareholder equity from £10.2 […]
Tertiary begins 2023 Zambia exploration at Lubuila
Tertiary Minerals plc will start its 2023 exploration season in Zambia at its Lubuila joint venture (JV) project in the central African copper belt. LOCAL PARTNER The company’s partner Mwashia Resources Ltd has the right to earn in up to 90% of four licences including the Lubuila, Mukai, Konkola West and Mushima North projects. Lubuila […]
Power Metal to confirm Tati gold-bearing system
Power Metal Resources plc said its 2023 exploration programme aimed to confirm a large gold-bearing system on its 100% owned and operated Tati gold project near Francistown in Botswana. PROGRAMME The company has started exploration activities which will also include the delineation of a deposit in the 8km long gold-in-soil anomaly. Work involves 500-metre mechanised trenching, […]
Tungsten West increases ORE and MRE at Hemerdon
Tungsten West plc published an increase in JORC (2012) compliant ore reserve estimate (ORE) and internal mineral resource estimate (MRE) at its Hemerdon tungsten and tin deposit in Devon. ORE RESERVE ESTIMATE The company reported a 60% increase in ore tonnage and 10% increase in contained metal from previous 2021 ORE. Tungsten West said that the […]