Anglesey Mining plc expects to submit an environmental impact assessment (EIA) and revise existing permissions for its Parys Mountain copper-zinc-lead-gold-silver project. LEGISLATION Changes in the Town & Country Planning Act and environmental legislation have been made since the company received approval for several existing planning permissions, valid until 2028. To gain consents for the former […]
Tag: silver
Anglesey Mining revises MRE for Parys
Anglesey Mining plc reported a revised mineral resource estimate (MRE) with the inclusion of the first measured resource for Parys Mountain. CATEGORIES The company’s revised estimates for the White Rock and Engine zones are based on 10 additional drill holes completed in 2022 and a detailed review of previous geological interpretations. Measured resources include […]
Scotgold rise in revenues offset by increased loss and debt
Scotgold Resources Ltd’s increase in revenues were dented by a rise in pre-tax losses and debt at Cononish gold and silver mine, near Tyndrum in Scotland. FINANCES The company’s interim results for the six months ended 31 December 2022 showed total revenues of A$9.5 million (H1 2022: A$6.4m) Loss before taxation was A$9.5m (H1 2022: […]
FCM stakes further eight claims next to McKellar
First Class Metals plc (FCM) has staked a further eight claims, each of 400ha, contiguous to its McKellar volcanic massive sulphide property in Ontario, Canada. TRENDS The property, previously comprising 58 claims across 12km², lies some 25km from the town of Marathon. The additional staking follows results from grab samples at McKellar and nearby occurrences […]
FCM reports new gold-silver showing on Enable
First Class Metals plc reported a “new gold showing with significant silver” from first assay results of the 2022 field campaign at the Enable property, west of Marathon in Ontario. CONTACT The company conducted the programme over a district-scale mineralised geological feature, striking northeast to southwest, which can be traced off property to historical showings. […]
Scotgold doubles losses in year of ‘transformative progress’
Scotgold Resources Ltd doubled losses while increasing revenue from the start of production at the Cononish gold and silver mine near Tyndrum, Scotland. FINANCES The company’s annual results for year ended 30 June 2022 showed total revenues rose to A$17.8 million / £9.9m for 2022 (2021: A$300,000/£166,000) Loss before taxation increased to A$10.8m / £6m (2021: A$5m […]