Panther Metals plc has appointed SRK Exploration Ltd as independent consultants to conduct a mineral resource estimate for its optioned Winston tailings project in Ontario, Canada. The historic site contains high-grade gold, gallium, silver, zinc, copper and cobalt and other minerals within the mine’s tailings storage facility. Panther said that the MRE would be based […]
Tag: gallium
Altona includes gallium in fluorspar MRE
Altona Rare Earths plc plans to include gallium in its fluorspar JORC mineral resource estimate at Monte Muambe in Tete Province, northwest Mozambique. DRILLING The decision follows metallurgy work on a sample of gallium-bearing fluorspar ore, which confirmed that the “flotation process would lead to a separation of fluorspar (in the concentrate) and gallium (in […]
Altona issues total 9.6m new shares
Altona Rare Earths plc has issued an additional 4.8 million new ordinary shares of one pence each to an existing shareholder, who transferred their warrants as part of two August fundraises. TVRs The company will therefore issue in aggregate 9,600,000 new ordinary shares to the shareholder. Following admission, Altona’s enlarged share capital and total voting […]
Panther applies for Winston tailings recovery permit
Panther Metals plc has started the application process for a recovery of minerals permit for the historic Winston Lake Mine polymetal tailings storage facility in Ontario, Canada. DRILLING The company has held a pre-submission meeting with the regulatory authority and will progress through the four-stage process alongside continuing other work at the site. Grid drill […]
Altona raises £344,500
Altona Rare Earths plc has raised £344,500 via a subscription for 9,630,000 new ordinary shares of one pence each, at 3.6p per subscription share, and the transfer and exercise of warrants. TVRs The warrants were over 40.5 million ordinary shares, at an exercise price of one pence each. Existing shareholders participated in the fundraise, which […]
Altona submits Monte Muambe plan for US funds
Altona Rare Earths plc has submitted a project proposal for United States’ funding for its Monte Muambe rare earths-fluorspar-gallium project in Tete Province, northwest Mozambique. DRILLING The company sent a formal proposal to the US Trade and Development Agency after the US Government had “re-engaged” on possible financing for a rare earths prefeasibility study. Altona […]