Tertiary Minerals plc said it had completed its first drill programme at the Jacks copper project in Zambia. JACKS The project lies within exploration licence 27069-HQ-LEL, held by the company’s local partner Mwashia Resources Ltd. Tertiary has an exclusive option to earn up to a 90% joint venture (JV) interest in the licence. PROGRAMME The […]
Tag: metals and minerals
Tertiary managing director Patrick Cullen resigns
Tertiary Minerals plc announced that managing director Patrick Cullen has resigned from the company, effective 20 June 2022. The company said it was looking to recruit a replacement during which time other members of the board would assume his responsibilities. Mr Cullen joined the company in September 2021. Executive chairman Patrick Cheetham added that the […]
Altus Strategies notes directors’ / PDMRs dealings
Altus Strategies plc announced three directors’ dealings on 15 June 2022. PDMRs Chief executive officer and director Steven Poulton purchased 100,000 ordinary shares of £0.05 each at an average price of 47.72p per share, for £47,724. This will increase his shares to 6,700,000, representing 5.71% of the company’s outstanding issued ordinary share capital. Executive director […]
Galantas notes CEO’s early warrant exercise
Galantas Gold Corporation announced the early exercise of 83,333 warrants at an exercise price of CA$0.40 by its chief executive officer Mario Stifano. Following the exercise on 9 May, a total of 17,225,265, $0.40 warrants from the 14 May 2021 financing remain outstanding and are due to expire on May 14, 2023. Following admission, Mr Stifano’s interest will […]
Anglesey encouraged by first Parys infill drill results
Anglesey Mining plc said the first assay results were encouraging from the initial four holes of infill drilling at its polymetallic project at Parys Mountain on Anglesey, northwest Wales. INFILL DRILLING The company, exploring for copper, zinc, lead, silver and gold volcanic massive sulphide deposits at the site, conducted infill drilling of the White Rock […]
Condor raises £3.25m via placing-subscription
Condor Gold plc said it had raised £3.25 million before expenses through a private placing of 11,607,149 units each at a price of 28p, including a directors’ subscription of 1,833,573 units. PLACING Each unit is comprised of one ordinary share in the company with a nominal or par value of 20p each and one-half of one […]