Arkle Resources plc identified several targets of interest with anomalous polymetallic discoveries from prospecting on its Aughrim block in County Wicklow. PROMISING The four licences comprise a 152.01km2 extension of the company’s Mine River gold project on the border with County Wexford. Today’s published findings are from samples taken in November 2023 from priority targets. […]
Tag: lithium
FCM drilling shows ‘robust’ intersects at Zigzag
First Class Metals plc (FCM) intersected spodumene-bearing pegmatites in nine targeted holes drilled at the Zigzag lithium property in the Seymour-Falcon corridor, northwestern Ontario. SAMPLING The company recorded more than 50 metres of pegmatite, exceeding 5m in thickness, and mineralisation remaining open along strike and down dip. Multiple mineralised pegmatite zones were intersected in holes […]
Red Rock raises £500,000 via placing
Red Rock Resources plc has raised £500,000 by placing 666,666,667 new ordinary shares each at 0.075 pence. DRC ARBITRATION Proceeds will be used for the company’s lithium production and export operations in Zimbabwe, gold studies and development in Burkina Faso, accounting and audit costs, and working capital. Following the issue of the placing shares, Red […]
Red Rock receives £110,000 from high net worth investor
Red Rock Resources plc received £110,000 via a subscription of 100,000,000 ordinary shares at £0.0011 per share by a high net worth investor. COSTS The company said that the investor had provided personnel to help bring its lithium assets in Zimbabwe and gold assets in Burkina Faso into production and establish an export pipeline for […]
FCM begins inaugural 500m drilling at Zigzag
First Class Metals plc (FCM) yesterday began an inaugural 500m drilling programme on the lithium, tantalum, rubidium and gallium Zigzag property in northwest Ontario. CENTRAL Following FCM’s early exploration agreement with Whitesand First Nation (WFN), Rodren Drilling, a WFN approved service provider, is the operator. Seven drillholes are initially planned over 50m with the provision […]
Power Metal expands lithium-REE targets at Selta
Power Metal Resources plc reported a “sigificant” expansion in the lithium-rare earth element exploration target area, as well as new target areas, at Selta in the Northern Territory. STRATEGY The company’s 58.59% owned subsidiary First Development Resources plc commissioned a geophysical and geographical desktop study on the project’s mineral exploration potential and prospectivity. Power Metal said […]