Power Metal Resources plc announced bonanza grades from its 2021 diamond drilling exploration programme on the Silver Peak project in British Columbia, Canada. PHASE I The company completed 19 short-cored drill holes using Shaw or Hilti portable drills, producing 34mm diameter core samples. INTERCEPTS Power Metal said that assay analysis showed that 10 out of the 19 […]
Tag: metals and minerals
Altona appoints Hilton Banda as NED
Altona Rare Earths plc has appointed Hilton Banda as a non-executive director with immediate effect. Mr Banda, aged 35, is a qualified geologist and group chairman of Akatswiri Holdings Ltd in Malawi. Akatswiri is the parent company of a number of resources focused companies including Akatswiri Rare Earths Pvt Ltd, in which Altona acquired a […]
Caerus signs JV for copper-gold licences in Cyprus
Caerus Mineral Resources plc has signed a joint venture agreement with Bezant Resources plc covering the Troulli, Kokkinapetra and Anglisides copper-gold licences in Cyprus. TERMS The JV began with immediate effect with Bezant’s financial contribution backdated from the start of diamond drilling at Troulli on 16 September 2021. The companies had committed an initial sum of […]
Oriole notes start of drilling on Hodine gold licence
Oriole Resources plc said drilling had started at its gold project interest in the Hodine exploration licence, Egypt. BUSINESS STRUCTURE The company holds a 24.92% interest in Thani Stratex Resources Ltd (TSR) which, through its local subsidiary Thani Dubai Mining, holds a 93% interest in the licence. Hodine is held by Red Sea Resources Ltd […]
Cornish Tin appoints Clive Newall as a director
Cornish Tin Ltd has appointed Geoffrey Clive Newall as a director of the company. Mr Newall was earlier this month appointed as non-executive chairman of the board.
Hummingbird on course to meet RGMPs
Hummingbird Resources plc said it was on course to conform fully to the World Gold Council’s responsible mining standards by 2022. PRINCIPLES The African-focused gold miner added it had received an external audited assurance report that it was adhering to the council’s Responsible Gold Mining Principles (RGMPs) A report from RSM Risk Assurance Services LLP […]