Central Asia Metals plc (CAM) said it was continuing to implement its biggest project this year of cut and fill stoping at the zinc-lead mine at Sasa in North Macedonia. EFFICIENT In its full year results for the 12 months ended 31 December 2020, the company said that the process would see more than 40% […]
Tag: metals and minerals
Red Rock Resources raises £7,352 via warrant exercise
Red Rock Resources plc has raised £7,352.94 following notices to exercise warrants over 980,392 new ordinary shares of 0.01 pence each in the company. The warrant shares are being issued pursuant to the exercise of 980,392 warrants into shares at an exercise price of 0.75 pence per share.
Alba to restart exploration at lead-zinc project in Limerick
Alba Mineral Resources plc said it would restart exploration including drilling after it had identified three main target zones at its Limerick base metals project in Ireland. TARGETS A structural review showed three exploration target areas lie within PL3824, each with a number of structural and geological features found in zinc-lead deposits in the Irish […]
Erris starts inaugural drilling at Lead Trial
Erris Gold Resources Ltd has started its first drill programme at its Lead Trial precious metals prospect within the Loch Tay licence in Perthshire, Scotland. SCALE DEFINITION The drill rig mobilised earlier this week to the site where results last November showed high grade gold with a mineralised footprint extending over 4.5 km2. The company […]
Power Metal plans deep diamond drill at Haneti
Power Metal Resources plc said it planned a deep diamond drill campaign following results of RAB drilling at its joint venture nickel and platinum group metals (PGM) project at Haneti, central Tanzania. POTENTIAL The 50-hole, 1,965m shallow rotary air blast (RAB) drilling programme was conducted at Mihanza Hill and Mwaka Hill. Power Metal said that […]
Oriole primed for ‘new frontier’ of gold in Cameroon
Oriole Resources plc announced it had secured a controlling interest in it orogenic gold exploration projects at Bibemi and Wapouzé in northern Cameroon. LICENCES The move follows the completion of an initial funding commitment of $1.56 million set out under the terms of an option agreement signed in June 2018. Oriole now has 51% ownership […]