Red Rock Resources plc has received approval to start production and sales of lithium from its first asset in Zimbabwe. ENVIRONMENT The move follows receipt of an environmental certificate after the company submitted the environmental impact assessment for Tin Hill and held stakeholder meetings. The property lies 29km northwest of Bikita which is one of […]
Tag: lithium
Cadence investee to buy land for Cinovec beneficiation plants
Cadence Minerals plc’s investee company European Metals Holdings Ltd is to buy land for $43.96 million on which to build lithium and ore beneficiation plants for the Cinovec lithium-tin mine in the Czech Republic. DUKLA The project, on the border with Germany, is 100% owned by Geomet s.r.o which in turn is 49% owned by […]
Cornish Lithium progresses revised Trelavour resource
Cornish Lithium has progressed work in preparation for a resource definition for its Trelavour hard rock project in Cornwall. FEASIBILITY STUDY The project is at the former kaolin pit near St Austell where lithium is present in mica minerals within the granite. The stability of the pit walls to reduce the risk of land slips […]
FCM starts 2023 exploration in Ontario
First Class Metals plc reported progress in exploration activities for its 2023 field season at five of its metals projects in northwest Ontario, Canada. SAMPLING In Zigzag, the company conducted an initial reconnaissance trip under cover of snow to appraise access, returning lithium grades of up to 1.00% and tantalum (Ta) up to 198 ppm. A […]
Cadence notes progress at Bynoe-Yangibana
Cadence Minerals plc this week noted the discovery of “very large zones” of lithium anomalism in progress from its two Australian investee companies. BYNOE Results from Evergreeen Lithium Ltd’s geochemical programme at its flagship Bynoe project in the Northern Territory showed anomalies “up to several kilometres long”. Included are anomalies in the geochemical pathfinder elements […]
Red Rock raises £535,800 via placement
Red Rock Resources plc raised £535,840 before expenses by placing 376,028,070 new ordinary shares each of £0.0001 in the company at 0.1425 pence per placing share. USES Following admission, the company’s total issued share capital will consist of 1,958,538,069 ordinary shares, each with one voting right. Red Rock holds no shares in treasury. Net proceeds will fund the company’s […]