Central Asia Metals plc plans to expand into Canada by acquiring Quebec-focused copper-gold-silver developer Cygnus Metals Ltd, in an A$232 million (£123m) all share purchase. MRE The transaction adds the Chibougamau project to Central Asia’s Kazakhstan copper and North Macedonia zinc-lead production and its investment in Aberdeen Minerals Ltd’s base metals exploration project in Scotland. […]
Tag: feasibility study
Critical Mineral intercepts gold at Agadir Melloul
Critical Mineral Resources plc posted an “extremely exciting” gold intercept in a shallow setting, and delineated further copper mineralisation, from core drilling at Agadir Melloul, in central Morocco. TARGETS Operations at Zone 2 North, which contains the rhyolite discovery, revealed an intercept of 2.5g/t gold over one metre from 5m. Results also included near surface […]
Tungsten West publishes revised Hemerdon FS
Tungsten West plc has published a revised feasibility study to restart its Hemerdon tungsten-tin mine near Plympton, northeast of Plymouth in Devon. FUNDRAISING The FS includes the quantity of ore reserves within the open pit of 35.6 million tonnes of granite at an average grade of 0.18% tungsten trioxide and 0.03% tin, and 35Mt of […]
Tungsten West secures MPF permit
Tungsten West plc has been granted a permit to operate its mineral processing facility at the Hemerdon tungsten and tin mine near Plympton in south Devon. FEASIBILITY STUDY The grant from the Environment Agency is the final the key permit required to progress the project. The company said it would focus on maximising tungsten and […]
South Crofty drill samples tests exceed expectations
Cornish Metals Inc reported better than expected results from metallurgical testwork on drill samples from the South Crofty tin project in Pool, Redruth. UPGRADING POTENTIAL TOMRA Sorting GmbH completed X-Ray transmission (XRT) ore sorting and Wardell Armstrong International conducted the heavy liquid separation (HLS) preconcentration testwork. XRT resulted in 55% mass rejection and <3% metal […]
Cornish Metals MRE shows increase of contained tin
Cornish Metals Inc’s revised mineral resource estimate (MRE) showed an increase of contained tin in the indicated and inferred categories at South Crofty. REVIEW A 31.6% increase was recorded in the indicated while the inferred saw a rise of 15.5% in contained tin. The MRE, prepared in-house and externally verified, focuses on the tin-only section […]