Caerus Mineral Resources plc has sold its non-core Black Pine nickel-cobalt project and associated licences for £500,000 to Aeramentum Resources Pty Ltd. PROJECT Caerus said that the four Black Pine licences, comprising nickel, cobalt and copper, had no exploration expenditure budgeted in the near future. The company added that although nickel-cobalt were essential battery metals, they were not […]
Tag: metals and minerals
Anglesey appoints Jonathan Battershill as CEO
Anglesey Mining plc has appointed Jonathan (Jo) Battershill as new chief executive, replacing Bill Hooley, and a director with effect from 1 August 2021. The group also hopes to appoint in the coming weeks two non-executive directors. Mr Battershill, 50, is a mining geology graduate from Camborne School of Mines and has extensive operational and financial […]
Power Metal acquires Tati gold-nickel licences
Power Metal Resources plc has exercised its option to acquire a 100% interest in two gold-nickel exploration licences within the Tati Greenstone Belt near Francistown, Botswana. PROSPECTIVE Chief executive Paul Johnson said that Francistown and its surrounding area had not undergone extensive modern exploration. “The company’s due diligence review of historic data identified numerous multi kilometre-scale […]
Galantas plans 4,000m underground and surface drilling
Galantas Gold Corporation is soon to start a surface and underground exploration programme of 4,000 metres diamond drilling at Cavanacaw gold mine in Omagh, Northern Ireland. UNDERGROUND Initial Phase I drilling will focus on the Kearney and Joshua veins, two of “many high-priority targets” on the company’s land package. Underground drilling on the Kearney vein […]
Cora Gold might extend 35,000m drill at Sanankoro
Cora Gold Ltd announced some “impressive” results among strong grades and widths in the initial results from Zone B at the Sanankoro gold project in southern Mali. The company said that it might extend the drill campaign from 35,000m – its largest to date – to follow up some of the “excellent results”. A total […]
Altus extends Moroccan Cu-Ag portfolio to 14 projects
Altus Strategies plc has been granted four new silver-copper exploration projects and an extension to an existing one, taking the total licence area to 824.3km2 in Morocco. The new projects are considered to be highly prospective for silver and copper and total 148.5 km2 in the Anti-Atlas of central Morocco. PROJECTS Agdz copper-silver project has been […]