Metals Exploration plc has added four “highly prospective” exploration concessions adjacent to its La India gold project in Nicaragua. TARGETS The awarded licences, comprising La Grecia, San Cristobel, Dos Hermanos and Las Cruces, cover a combined 64,400 hectares. La Grecia includes historical gold workings and “numerous” other gold targets, previously explored by Newcrest Mining Ltd. […]
Tag: exractive industries
Power Metal receives £43,750 via warrant exercise
Power Metal Resources plc received £43,750 following notices to exercise warrants over 6,250,000 new ordinary shares of 0.1 pence each in the company. The warrant shares are each being issued at an exercise price of 0.7 pence.
Caerus completes acquisition of PR Ploutonic
Caerus Mineral Resources plc announced it had completed its acquisition of PR Ploutonic Resources Ltd and its three advanced copper-gold exploration licences in Cyprus. The company is paying £750,000 for the licences to be paid in 3,311,258 restricted-trading, new ordinary shares of 0.1p each (consideration shares) each at 22.65p. PRL is registered in the country […]
Chesterfield identifies new high priority ‘Olive’ target
Chesterfield Resources plc said it had confirmed a high priority drill target from the discovery of a large new anomaly at its copper-gold-zinc-silver project in western Cyprus. The target, which the miner has named Olive, is a buried anomaly similar to the nearby historic Limni mine, which is recorded to have yielded 90,000 tons of […]
Spirit wins new North Sea-Norwegian Sea licences
Spirit Energy has won three new licences in the Awards in Predefined Areas (APA) 2020 round in the North Sea and Norwegian Sea. Production Licence 1049 B is in the North Sea where the operator is Equinor (40%) and partners are Petoro (20%) and Spirit Energy (20%). Production Licence 1112 is in the Norwegian Sea. […]