Nativo Resources plc has published an inaugural JORC (2012)-compliant exploration target for the Bonanza, Tesoro, Tesoro_1 and Morrocota vein systems at its Tesoro gold concession in southern Peru. POTENTIAL Results include contained gold of approximately 6,686 – 195,434 ounces and tonnages between 79,051 to 316,200 t. The Tesoro vein holds the highest amount of contained […]
Tag: mineral resource estimate (MRE)
Altona fluorspar-gallium MREs ‘revalue’ Monte Muambe
Altona Rare Earths plc has published a “transformative” JORC-compliant mineral resource estimates for fluorspar and gallium at its Monte Muambe project in Tete Province, northwest Mozamabique. TONNAGE Results showed 3.48 million tons at 20.6% calcium fluoride (CaF2) for 716,000 tons of calcium fluoride contained. The initial base case life of mine is 9.5 years at […]
Lansdowne raises £1.9m for switch to graphite
The two exploration licences are located within “one of the highest quality, prospective graphite regions in the world”.
Altona issues 10.6m new shares
Altona Rare Earths plc has issued 10,666,667 new ordinary shares following notices to exercise warrants over ordinary shares of £0.01 each in the company. TVRs A total of 10 million warrants each had an exercise price of 1.5 pence per ordinary share, while 666,667 warrants had an exercise of two pence per ordinary share, for […]
Altona issues 1m new shares
Altona Rare Earths plc has issued one million new ordinary shares of £0.01 each following an exercise of warrants, at a price of two pence per ordinary share, for £20,000. TVRs Following admission, Altona’s enlarged issued share capital will comprise 430,066,112 ordinary shares, each with voting rights The company has no shares held in treasury. […]
GreenRoc awards drilling contract for Amitsoq
GreenRoc Strategic Materials plc has awarded contracts for phase III drilling and geotechnical and hydrogeological surveys at its Amitsoq graphite project in southern Greenland. MRE Mineral Exploration Drilling Ltd’s operations aim to extend indicated and measured resource categories, as well as provide data for the planned pre-feasibility study. The programme involves up to 12 holes […]