Panther Metals plc said that sampling results had confirmed the “considerable potential value” of the tailings storage facility at its optioned Winston mine project in Ontario, Canada. INFRASTRUCTURE The site comprises the Pick Lake and Winston Lake deposits, the Winston Lake mine site infrastructure and “highly prospective” exploration targets. Sampling returns exceeded the company’s expectations […]
Tag: gold
Guardian issues two million shares
Guardian Metal Resources plc has issued 2,094,996 shares following warrant exercises by the company directors and other warrant holders for £294,195. DIRECTORS The exercise follows the expiry of the 10.75p and 17p warrants, after which the remaining warrant holders are no longer considered to hold inside information. A total of 991,276 warrants were exercised over new […]
Panther begins sampling at Winston tailings
Panther Metals plc has started a sampling programme of tailings at the Winston project on the historic Winston Lake mine in Ontario, Canada. QUANTITY The work also involves assessment of the financial potential of tailings reprocessing and the opportunities to increase the operational life of the project. Panther will also evaluate the potential to grow […]
Ormonde investee to increase share in Staghorn
Ormonde Mining plc’s investee looks to increase its share of the Staghorn property within the Golden Rose copper-gold project in the Central Newfoundland Gold Belt, Canada. ASSAYS TRU Precious Metals Corp exercised its initial option to acquire a 51% interest in the Staghorn property, which itself represents around 11% of the overall project. The Canadian operator […]
Oriole directors buy 19.7m shares
Oriole Resources plc reported three directors’ purchases of a total 19,711,343 ordinary shares of 0.1 pence each in the company, at an average price of 0.21 pence per share. TVRs Chair Eileen Carr bought 15 million shares and now holds 196,672,969 shares, equal to 5.05% of the issued share capital of Oriole following the transaction. Chief […]
Power Metal rules out Qatan earn-in
Power Metal Resources plc has decided against a binding agreement for a 49% earn-in with a US$3 million spend on the Qatan exploration licence in southern Saudi Arabia. MUTUAL The company signed a letter of intent in September 2024 with Saudi Arabian explorer and miner Al Masane Al Kobra Mining Company (AMAK) for the volcanogenic […]