Critical Mineral Resources plc has secured a £2.5 million investment from Gilini Holdings Ltd to advance its activities in Morocco. OPPORTUNITIES The funds will be used to acquire more projects, expand CMR’s commodities trading venture, progress its existing Morocco portfolio and for general working capital. Of the total investment, £2,075,000 has an average purchase price […]
Tag: silver
Tertiary pursues Mushima North silver discovery
Tertiary Minerals plc said it had discovered “economically significant” silver and cobalt mineralisation at its Mushima North copper project in Zambia. POTENTIAL The company’s Autumn 2024 drilling campaign involved 25 holes on three traverses at target A1, a copper-in-soil anomaly, and one at C1. Today’s results, from samples from four holes sent for multi-element check […]
Guardian positive on high-grade Pilot results
Guardian Metal Resources plc’s assays showed “one of the longest mineralised intervals” with an intersection of 46m from the expanded drilling programme at Pilot Mountain in Nevada, USA. MRE The results are from Desert Scheelite drill core samples from holes PM24-014 to PM24-017, with “very high grade tungsten and copper”. PM24-017 best results to date […]
Guardian looks to expand with Tempiute option
Guardian Metal Resources plc looks to grow its portfolio with a binding letter of intent for an option to acquire the Tempiute tungsten mine and mill in south-central Nevada, US. RESOURCE The potential acquisition from Hinkite Resources LLC lies 290km by road from the company’s flagship Pilot Mountain tungsten project and less than 240km north […]
Sunrise finds new mineralisation at Reese Ridge
Sunrise Resources plc sampling analytical results have located a new area of high-grade zinc, lead and silver at Reese Ridge in Nevada, USA. OPPORTUNITY The project lies on the south side of the Humboldt Structural Zone, 52 miles south-southwest of Battle Mountain. The company’s short summer programme aimed to find additional areas of high-grade base […]
Guardian intersects high grade tungsten at Pilot
Guardian Metal Resources plc’s first diamond core drill results intersected three zones of “high grade” tungsten mineralisation with ancillary zinc, silver and copper at Pilot Mountain in Nevada, USA. GARNET Assays from drillhole PM24-001 in the Desert Scheelite deposit returned a total 38.7m of tungsten mineralisation. All three zones are considered to be near surface […]