Ormonde Mining plc’s investee plans copper-focused exploration during the summer at the Golden Rose project in western-central Newfoundland. DRILL TRU Precious Metals Corp’s assessment in the Cape Ray – Valentine Lake shear zone will also investigate other minerals occurrences hosting nickel and zinc. The programme will include prospecting, grab (rock) sampling, reconnaissance soil sampling and […]
Tag: Ormonde Mining plc
Ormonde encouraged by Golden Rose sampling results
Ormonde Mining plc reported “significant” gold-copper assay results from its investee’s prospecting and bedrock sampling in the Central Newfoundland gold belt. TIER-1 POTENTIAL TRU Precious Metals Corp used recent high resolution satellite and remote sensing data over the property to discover new gold and critical minerals targets at the Golden Rose project. Ormonde said that grab […]
Ormonde chairman Brian Timmons no longer Peak Nickel director
Sheffield-based Peak Nickel Ltd’s appointment of Brian Timmons as a director has ended. Companies House recorded the change effective on 27 September 2023. Mr Timmons, the executive chairman of Peak Nickel investor Ormonde Mining plc, began the directorship on 7 February 2023. He is currently a director of Ormonde’s other investee company TRU Precious Metals […]
Ormonde completes initial 36.2% acquisition of TRU
Ormonde Mining plc has completed its 36.2% acquisition in Canadian copper-gold explorer TRU Precious Metals Corp. BOARD COMPOSITION The Dublin-based company has the potential to increase its shareholding to up to 46.0% through the exercise of warrants. Ormonde also has the right to appoint three out of five of the TRU board of directors, subject […]
Ormonde shares admitted to Aquis Growth Market
Ormonde Mining plc’s ordinary shares totalling 472,507,482 of €0.01 each in the company were today admitted to the access segment of the Aquis Growth Market. The Dublin-based company’s ordinary shares will be cancelled from trading on AIM and Euronext Growth with effect from 5 September 2023. Following admission, major shareholder and Empire Cinemas owner Thomas […]
Shareholders back Ormonde’s investment in Canada
Ormonde Mining plc has received shareholder approval to invest an initial 36.2% controlling interest in TRU Precious Metals Corp exploring for gold and copper in Newfoundland. ASSETS The Dublin-based company will focus on TRU’s Golden Rose project as well as evaluation of other mineral property opportunities. Ormonde retains its 20% interest in Peak Nickel Ltd […]