Nativo Resources plc has raised £640,000, by means of a placing, to progress its gold projects in Peru. USES Net proceeds will go towards commissioning the gold ore processing plant, including construction and engaging an engineering, procurement and construction (EPC) contractor, and further underground development of the Tesoro gold concession. Funds will additionally advance Nativo’s […]
Tag: metals and minerals
Tertiary appoints new director
Tertiary Minerals plc has appointed Lorenz Werndle as an independent non-executive director to the board, with immediate effect. Mr Werndle replaces Donald McAlister, who will leave on 4 August 2026 due to other full-time work commitments. Mr McAlister has served on Tertiary’s board for more than 25 years, since the company first began trading. “Donald will be […]
Anglesey appoints principal geologist
Anglesey Mining plc has appointed James McFarlane as principal geologist on a retained basis. A chartered geologist and chartered engineer, Mr McFarlane was managing director from 2022 to 2023 of Tungsten West plc which is preparing to restart the Hemerdon tungsten-tin mine in Devon. He holds more than 20 years’ international experience across mineral exploration, resource […]
Arkle JV finds new ‘robust’ zinc-lead zone at Stonepark
Arkle Resources plc joint venture has discovered a “new and robust zone of zinc-lead mineralisation” in previously untested ground at Stonepark in County Limerick, Ireland. SULPHIDES Partner and operator Group Eleven Resources Corp revealed the zone in a step-out drill hole 550 metres from the closest edge of the Stonepark mineral resource estimate. Arkle, which […]
Oriole increases Mbe inferred MRE
Oriole Resources plc has published a JORC inferred mineral reserves estimate of 1.66 million oz contained gold, with a mean grade of 1.02g/t, for the combined MB01-S and MB01-N deposits at Mbe in Cameroon. EXTENSIONS The figures follow completion during June of “a relatively modest amount of drilling” of 10 step-out holes for 2,476.80m. Consultant […]
Tertiary looks to copper continuity at Mushima North
Tertiary Minerals plc reported continuation of a “higher-grade copper zone” as suggested from preliminary drilling results at the silver-copper-zinc target A1 at Mushima North in Zambia. MRE Ox Drilling, which began the programme in June, has started drilling to improve definition of the zone, which lies within the “near surface, lower grade oxide mineralisation”, in […]