Metals & Minerals News

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 […]

Metals & Minerals News

First Development plans gold surveys at Selta

First Development Resources plc plans airborne and ground surveys on “multiple prospective gold targets” at its Selta project in the Aileron Province of Northern Territory, Australia. DRILLING The company said that the gold targets, identified from historical reports and data, were associated with the continuation of the “regionally significant” Stafford gold trend, hosting gold and […]

Metals & Minerals News

FDR completes difficult drilling phase at Wallal

First Development Resources plc has drilled the “most technically difficult phase” in the first drill hole at the Wallal gold-copper project in Paterson Province, Western Australia. PROJECTS The explorer, currently 44.34% owned by Power Metal Resources plc, is targeting the 2.5km by 2.5km eastern magnetic bullseye anomaly, which one of three on the acreage. The […]

Company Moves Metals & Minerals News

Panther appoints SRK for Winston MRE

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 […]

Metals & Minerals News

Oriole issues 2.3m new shares

Oriole Resources plc has issued 2,330,000 new ordinary shares of 0.1 pence each following a warrants exercise at a price of 0.25p per warrant share, for £5,825. TVRs A total of 150,447,778 warrants and 399,916,245 options over ordinary shares, representing 14.12% of the company’s enlarged issued share capital, remain outstanding. On admission, Oriole’s issued share capital […]