Altona Rare Earths plc returned “very encouraging” fluorspar metallurgical test results along with new fluorspar discoveries at its Monte Muambe rare earths project in Tete Province, northwest Mozambique. OUTCROPS Initial flotation tests of ore samples showed a concentrate at 93.62% calcium fluoride, with impurities reduced to “acceptable or near-acceptable levels” for hydrofluoric acid production. “These […]
Tag: mineral resource estimate (MRE)
Oriole increases MRE at Bakassi Zone 1
Oriole Resources plc reported a 23% increase in the mineral resource estimate for Bakassi Zone 1 (BZ1) at its 90% owned Bibemi orogenic gold project in Cameroon. PEA Independent consultant Forge International Ltd’s revised MRE of 460,000oz of contained gold has 100,000oz at 2.05 g/t gold in the indicated and 360,000oz gold at 2.06g/t gold in […]
Cornwall Resources to progress Redmoor with £1.5m
Cornwall Resources Ltd has agreed more than £764,000 funding with the Government for the first exploration drilling since 2018 at its Redmoor tungsten, tin and copper project. MRE The company’s parent Strategic Mineral Resources plc said it would match the funds up to a total project spend of £1,529,701. Operations over 12 months will include […]
Oriole completes phase V drilling at Bibemi
Oriole Resources plc has completed phase V of drilling, several weeks later than planned, at its 90% owned Bibemi orogenic gold project in Northern Cameroon. REVIEW Operator and earn-in partner BCM International drilled a total 6,915.40m in 56 holes at the Bakassi Zone 1 prospect over three sub-prospects of BZ1-MRE, BZ1-NW, and BZ1-SW. Results are due […]
Guardian intersects ‘very high grade’ tungsten
Guardian Metal Resources plc said that further “very high grade” tungsten intersections showed “tremendous upside potential” for its wholly owned Pilot Mountain in Nevada, USA. MRE Latest drill core assays from holes PM24-018 to PM24-028 in the Desert Scheelite zone confirm “multiple tungsten, copper, silver and zinc rich intervals”. Results include two highest tungsten intersections […]
Kavango targets MRE for Hillside open pit mine
Kavango Resources plc has started drilling to delineate a mineral resource for the basis of an open pit mine at Prospect 3 within the Hillside gold project in Matabeleland, southern Zimbabwe. DEPOSITS The programme will also obtain samples for metallurgical test work. Prospect 3 is the second of two priority targets at Hillside, with Prospect […]