Ormonde Mining plc’s investee looks to increase its share of the Staghorn property within the Golden Rose copper-gold project in the Central Newfoundland Gold Belt, Canada. ASSAYS TRU Precious Metals Corp exercised its initial option to acquire a 51% interest in the Staghorn property, which itself represents around 11% of the overall project. The Canadian operator […]
Tag: Ormonde Mining plc
Ormonde drills ‘quality’ targets at Golden Rose
Ormonde Mining plc’s investee has started a 1,800-metre drilling campaign to test, for the first time, a “pipeline of quality exploration targets” at the Golden Rose copper-gold project in Newfoundland. REVIEW The company owns 36.3% of project owner and operator TRU Precious Metals Corp, while Eldorado Gold Corporation holds an option over Golden Rose. TRU’s […]
Ormonde notes drill contract for Golden Rose
Ormonde Mining plc’s investee has awarded the drill contract to MCL Drilling for a 1,800m drill at the Golden Rose copper-gold project in Central Newfoundland Gold Belt in Canada. STAGHORN Licence holder and operator TRU Precious Metals Corp, in which Ormonde owns 36.3%, plans to test for the first time a pipeline of exploration targets. […]
Ormonde acquires 100% of Zamora gold licences
Ormonde Mining plc has secured a three-year renewal for and regained full ownership of its two gold exploration licences in the Zamora province, western Spain. INTERESTS The company’s local subsidiary previously held 48.7% of Antofagasta and Cueva Negra while Shearwater Group plc held 51.3%. Acquisition of its partner’s share for €50,000 will be paid with five […]
Golden Rose to undergo detailed review
Ormonde Mining plc’s investee in Canada has begun an analysis of the Golden Rose gold-copper project in the central Newfoundland gold belt. FUNDING Funded by 80% earn-in partner Eldorado Gold Corp, the detailed review will include assessment and verification of existing data before being infilled and updated. Project owner TRU Precious Metals Corp will begin on […]
Ormonde appoints Steve Nicol as NED
Ormonde Mining plc has appointed its technical advisor Steve Nicol as a non-executive director, with immediate effect. Earlier this month he was appointed chief executive of the company’s investee TRU Precious Metals Corp, where he has been a director since Ormonde’s investment in 2023. In April, Mr Nicol was made a director of Ormonde’s other investee Peak Nickel […]