Altona Rare Earths plc has raised £344,500 via a subscription for 9,630,000 new ordinary shares of one pence each, at 3.6p per subscription share, and the transfer and exercise of warrants. TVRs The warrants were over 40.5 million ordinary shares, at an exercise price of one pence each. Existing shareholders participated in the fundraise, which […]
Tag: silver
Kavango prepares drill targets at Karakubis
Kavango Resources plc is preparing final targets for a follow-up drilling programme at the 6,200km2 Karakubis copper project in the Kalahari copper belt, Botswana. DEPOSITS The company is targeting large-scale copper-silver mineralisation within the acreage of contiguous licences located on the border with Namibia Completion of a six-month ground geophysical programme, working with First Quantum Minerals […]
Altona to use £507,450 at Monte Muambe-Sesana
Altona Rare Earths plc has raised £407,450 through a subscription for 6,913,333 new ordinary shares of one pence each at 2.965p per subscription share, and the transfer and exercise of warrants. DIRECTORS Each new subscription share carries one warrant to subscribe for one new ordinary share at two pence for a period of 12 months […]
Panther sees ‘many millions’ cash from Winston
Panther Metals plc said that sampling results had confirmed the “considerable potential value” of the tailings storage facility at its optioned Winston mine project in Ontario, Canada. INFRASTRUCTURE The site comprises the Pick Lake and Winston Lake deposits, the Winston Lake mine site infrastructure and “highly prospective” exploration targets. Sampling returns exceeded the company’s expectations […]
Tertiary begins 1,500m drilling at Mushima North
Tertiary Minerals plc has started up to 1,500 metres combined air core and reverse circulation drilling programme at the large target A1 silver-copper-zinc prospect at Mushima North in Zambia. ELEMENTS The campaign will test over 1.6km of strike and up to 0.3km width, as well as the depth extension of mineralisation in key areas to […]
Panther begins sampling at Winston tailings
Panther Metals plc has started a sampling programme of tailings at the Winston project on the historic Winston Lake mine in Ontario, Canada. QUANTITY The work also involves assessment of the financial potential of tailings reprocessing and the opportunities to increase the operational life of the project. Panther will also evaluate the potential to grow […]