Peak Nickel Ltd has started a 1,000 metre drill campaign, with a possible extension, at the Rodburn project in Aberdeenshire, Scotland. COMPELLING The programme, on the “highest grade battery metals project in the UK”, follows last year’s 2,600m drill for 18 holes, testing areas around historically identified, non-compliant mineral resources. The Sheffield-based company’s new estimate […]
Tag: Ormonde Mining plc
Ormonde technical adviser becomes CEO of TRU
Ormonde Mining plc technical advisor Steve Nicol has been appointed chief executive officer of investee TRU Precious Metals Corp. He has been a director of the Canadian company, alongside Ormonde’s executive chair Brian Timmons, since Ormonde’s investment in 2023. He is also a director of Ormonde’s other investee company Peak Nickel Ltd. Mr Nicol is a […]
Ormonde welcomes Golden Rose earn-in
Ormonde Mining plc investee has signed a definitive agreement with a third company to join the Golden Rose copper-gold project in Newfoundland, Canada. ACCELERATE TRU Precious Metals Corp. granted Eldorado Gold Corp an exclusive option to earn an 80% ownership interest in the joint venture. Under the terms Eldorado’s expenditure will total $7 million with […]
Ormonde investee starts Golden Rose exploration
Ormonde Mining plc’s 36.2% investee has started copper-focused exploration at the Golden Rose project in western-central Newfoundland, Canada. PIPELINE TRU Precious Metals Corp will concentrate on the deposit-bearing Cape Ray – Valentine Lake Shear Zone. The programme aims to develop deeper understanding of the potential at Golden Rose, and ideally identify drill targets. In addition […]
Ormonde investee plans Golden Rose exploration
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 […]
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 […]