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 […]
Tag: silver
Critical Mineral issues 56.9m shares for funding
Critical Mineral Resources plc has issued 56,896,552 new ordinary shares at a price of 1.45 pence per share, as part of the second tranche investment by Gilini Holdings Ltd. MOROCCO Critical Mineral secured the overall £2.5 million investment in March 2025 and was due to receive the second tranche of £1,325,000 during Q2 2025. Following […]
Power Metal rules out Qatan earn-in
Power Metal Resources plc has decided against a binding agreement for a 49% earn-in with a US$3 million spend on the Qatan exploration licence in southern Saudi Arabia. MUTUAL The company signed a letter of intent in September 2024 with Saudi Arabian explorer and miner Al Masane Al Kobra Mining Company (AMAK) for the volcanogenic […]
CMR signs ‘key’ Morocco copper-silver earn-in
Critical Mineral Resources plc has broadened its Moroccan portfolio with a 60% earn-in to a sedimentary hosted copper-silver deposit, expected to become a “significant new discovery”. SCALE A diamond drill rig is due to leave Canada next week ahead of drilling starting during the third quarter at the site in Central Morocco. “In some areas […]
Mushima North shows more silver mineralisation
Tertiary Minerals plc’s assays have returned “thick” intervals of silver mineralisation associated with “broader” intervals of copper and zinc mineralisation at the Mushima North project in Zambia. ANOMALIES In Autumn 2024 the company drilled 25 holes on three traverses at target A1, a copper-in-soil anomaly, and one at C1. Results near surface at target A1 […]
CMR receives £462,474 via CLNs
Critical Mineral Resources plc has secured an additional £462,474 through the issue of convertible loan notes, following the £2.5 million investment earlier this month. The CLNs are convertible into ordinary shares in the company at £0.0145 per share, accruing interest of 5% per annum. CMR, focused on silver, copper and manganese in Morocco, will receive […]