Western Gold Exploration Ltd has agreed a joint venture with the owner of the Cononish mine to explore for precious metals and critical minerals in the Caledonian gold project in central Scotland. TERMS The company’s subsidiary, Lorne Resources Ltd, and Acrux Gold Ltd signed a shareholder agreement on 25 November 2025 to create Glen Lyon […]
Tag: The Crown Estate
Alba extends licence at Clogau-St David gold mine
Alba Mineral Resources plc has been granted an extension to its exclusive exploration licence over the Clogau-St David’s gold mine in north Wales. Alba’s subsidiary, Gold Mines of Wales Ltd (GMOW), was originally awarded a six-year exclusive exploration licence, termed an option agreement, with effect from 10 February 2015. The licence covers 107 km² encompassing […]
Cornish Lithium granted geothermal exploration licences
Cornish Lithium has been granted licences to explore for lithium within the geothermal waters in areas off the north and south Cornish coasts. GEOLOGICAL STRUCTURES The Crown Estate, which manages the seabed and most of the foreshore around England, Wales and Northern Ireland, granted the rights in the Minerals Licensing Round. Yesterday’s decision follows a […]