Power Metal Resources plc has identified multi-scale anomalies during due diligence at gold-nickel properties in the Tati greenstone belt, Botswana. TREND The company has the option to acquire 100% of prospecting licences 127/2019 and 126/2019, prospective for gold and nickel. Compiled historical data has identified “multi-kilometre-scale nickel, arsenic and gold in-soil anomalies” on PL127/2019 and […]
Tag: metals and minerals
Kanye sets Morula as priority target
Kanye Resources plc announced that Morula was now the highest priority exploration target following further results in the South Ghanzi project in the Kalahari Copper Belt (KCB), Botswana. The 50-50 strategic joint venture (SJV) involves Kavango Resouces plc (operator) and Power Metal Resources plc. Kavango completed and analysed samples from 16km of infill soil-sampling at […]
Altona raises £177,700 via placing
Altona Rare Earths plc raised £177,700 before expenses, through the issue of 1,480,836 new ordinary shares at an issue price of 12 pence per share, a 29% premium to the closing share price on 18 June 2021. The company is issuing 740,419 warrants, on a one warrant for every two shares purchased basis, to the […]
Cornish Lithium raises £6m via crowdfunding
Cornish Lithium Ltd today said it had raised £6 million within 20 minutes via a new crowdfunding campaign. The company opened the fundraise to pre-registered investors at 9am.
Cora Gold results show resource quality at Sanankoro
Cora Gold Ltd has announced its fifth set of drill results from its largest ever drilling campaign at its Sanankoro gold project in Southern Mali. The company aims to drill up to a total 35,000m by end of July 2021 to increase resource as well as infill drilling to convert existing inferred resources to the […]
Chesterfield more than doubles Adeline
Chesterfield Resources plc said it had exercised the right to acquire a further 672 claims to more than double the size of its Adeline copper project in Labrador, Canada. The initial purchase of 129 km2 from mining royalty company Altius Minerals has now been extended to a district-scale 297km2 (29,725 ha), with a total of 1,189 […]