Finance Metals & Minerals News

Focus reviews portfolio and new projects

Focus Xplore plc has started to review its existing interests and evaluate a “range of new exploration opportunities”. FINANCES The company’s current exploration portfolio covers uranium, lithium and selected rare earth elements (magnet metals) in Ontario, Canada. The review follows last month’s board resignations and appointments, while the company expects to appoint an additional director. Focus […]

Metals & Minerals News

CRL’s reanalysis increases grades at Redmoor

Cornwall Resources Ltd has identified an overall increase in grades at its Redmoor tungsten, tin and copper project following reanalysis of 73 pulp samples from 2017 and 2018 exploration drilling. MRE The review applied a reduced analytical cutoff grade utilised to select samples for x-ray fluorescence (XRF) from 0.5% tungsten trioxide to 0.3%. A total […]

Metals & Minerals News

Oriole selects fire assay method for Mbe

Oriole Resources plc said that following a review of assay methods it has elected to use a standard fire assay on samples from its 90% owned Mbe orogenic gold project in Cameroon. DRILLING The company added that comparisons with photon assays found minor differences to fire assays which also have cost savings based on ability […]

Finance Metals & Minerals News

NAE Lochinvar remains ‘commercially robust’

New Age Exploration Ltd said it had received a positive review of a 2014 scoping study, as previously updated in 2017, of its Lochinvar coal project. COSTS NAE owns 100% of three contiguous exploration and conditional underground mininglicences known as Lochinvar, Lochinvar North and Lochinvar South on the border of Scotland and England. A previously […]

News Oil & Gas

Egdon adds support for review on shale gas extraction

Egdon Resources plc today added its support for Government’s move to commission the British Geological Survey for a scientific review of shale gas.  GAINSBOROUGH TROUGH The company’s comments follow those of IGas yesterday after the Government made its announcement. Egdon’s shale gas licences cover 151,742 net acres (614 km2) which it estimates to hold mean […]