Anglesey Mining plc has taken further measures to grow resource at its Parys Mountain base and precious metals volcanogenic sulphide project in North Wales. FOUNDATION Steps include a review of the mineral resource estimate, delineation of more exploration targets, and bringing together historical geological data, geophysics and geo-metallurgy. The company has additionally appointed a principal and […]
Tag: mineral resource estimate (MRE)
Oriole starts drilling Wapouzé
Oriole Resources plc has started an inaugural drilling programme at its 85%-owned Wapouzé limestone project in northeast Cameroon. QUALITY The planned 1,000-metre campaign for 19 holes will target “steeply-dipping metamorphosed limestone (or ‘marble’) units”, located in the northeast of the licence. Drilling will focus on outcrops within three main zones, covering a total strike length […]
Oriole to diamond drill Wapouzé
Oriole Resources plc aims to begin an inaugural diamond drilling programme later this month at its 85%-owned Wapouzé limestone project, in northeast Cameroon. TVRs Drilling for 1,000 metres will determine the depth continuity of “outcropping limestone/marble units”, previously classified as “high-grade carbonate material”. The company said that the material was potentially suitable for use mainly […]
Central Asia to expand into Canada
Central Asia Metals plc plans to expand into Canada by acquiring Quebec-focused copper-gold-silver developer Cygnus Metals Ltd, in an A$232 million (£123m) all share purchase. MRE The transaction adds the Chibougamau project to Central Asia’s Kazakhstan copper and North Macedonia zinc-lead production and its investment in Aberdeen Minerals Ltd’s base metals exploration project in Scotland. […]
Critical finds new copper-silver at Agadir Melloul
Critical Mineral Resources plc has confirmed continuation new “laterally extensive, near-surface copper-silver mineralisation” from its drilling programme at Agadir Melloul in central Morocco. ANALOGUE The project has potential for “favourable development economics” due to the “shallow and gently dipping nature of the mineralisation”, said the company. New results include 9.7 metres at 0.74% copper and […]
Cornish Metals looks to grow Roskear resource
Cornish Metals plc’s surface diamond drilling has intersected “multiple target mineralised structures” which could potentially increase resource in the Roskear area of the South Crofty tin mine project. MINERALISATION The 2,400-metre programme aims to test extensions to known mineralisation and evaluate several priority exploration targets. Drill hole SDD26_001A reached a depth of 1,199.1m and “intersected […]