Metals & Minerals News Oil & Gas

Ascent JV looks to new cash flows from Utah licences

Ascent Resources plc and its partner could receive additional cash flows ar their existing Paradox Basin oil and gas wells and leases from a second partnership exploring for metals and minerals at the 119,000 acreage in Utah, USA. TERMS The company and American Helium LLC signed a 60-day exclusive option agreement with Neometals Ltd and […]

Metals & Minerals News

Guardian issues 100,000 new shares

Guardian Metal Resources plc has issued 100,000 new ordinary shares of one pence each, following an exercise over options at 0.14p per warrant share, for £14,000. TVRs Following admission, the company’s issued share capital will comprise 167,998,967 ordinary shares of one pence each. The figure also represents Guardian’s total voting rights. The company holds tungsten, lithium, base and […]

Company Moves Metals & Minerals News

First Class reappoints CEO as executive director

First Class Metals plc has reappointed chief executive officer Marc J. Sale as an executive director, with immediate effect. VISION Chairman James Knowles said that the board appointment ensured “full alignment at a pivotal stage” in the Ontario-focused company’s development. “With Marc’s proven vision, technical expertise, and deep understanding of our portfolio, the company is […]

Metals & Minerals News

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 […]

Metals & Minerals News

Guardian joins Critical Minerals Forum

Guardian Metal Resources plc has become a member of the Critical Minerals Forum (CMF) in the United States. VALUE The company holds tungsten, lithium, base and precious licences in Nevada. Founded in 2024, the CMF has a partnership with the Defense Advanced Research Projects Agency’s (DARPA) open price exploration for national security (OPEN) initiative, which […]

Metals & Minerals News

Focus to finish initial lithium-REE exploration

Focus Xplore plc has appointed local consultants to complete initial exploration at the Iva, Ellie and Oba lithium and Bay Road rare earth elements projects in northwest Ontario. PROGRAMME Fladgate Exploration Consulting Corporation’s activities this Spring will include mapping and sampling over the projects’ respective 642 hectares, 530ha, 1,175ha and 425ha. Focus said that work […]