#SVML Sovereign Metals – INFILL DRILLING PROGRAM TO UPGRADE KASIYA RESOURCE
INFILL DRILLING PROGRAM TO UPGRADE KASIYA RESOURCE · Infill drilling commenced with focus on southern Kasiya, which intends to provide ore feed for first eight years of production · Program aims to upgrade Mineral Resource Estimate in this area from Indicated to Measured category, allowing conversion of Ore Reserves from Probable to Proven category · Drilling program […]
#FCM First Class Metals – KERRS GOLD PROPERTY EARN-IN AGREEMENT SIGNED
First Class Metals PLC (“First Class Metals” “FCM” or the “Company”) the UK listed metals exploration company seeking economic metal discoveries across its extensive Canadian, focused in north west Ontario land holdings, is pleased to announce the signing of the Kerrs Gold earn-in agreement. Highlights · The Kerrs Gold Project in Northeastern Ontario holds a historic […]
#AYM Anglesey Mining – Blocklisting – Interim Review
Name of applicant: Anglesey Mining plc Name of scheme: Unapproved Share Option Scheme Period of return: From 1 October 2023 to 31 March 2024 Balance of unallotted securities under scheme at beginning of period: 6,500,000 Plus: The amount by which the block scheme has been increased since the date of the […]
#BRES Blencowe Resources – Bulk Sample Processing underway at Pilot Plant Facility in China
Blencowe Resources Plc (LSE: BRES) is pleased to report significant progress on the Definitive Feasibility Study (“DFS”) works for the 100%-owned Orom-Cross graphite project in Uganda including commencement of the 600 tonne bulk sample test work at the Jilin Huiyang New Material Technology Company Ltd (“Jiliin”) facility in China. Highlights: · Bulk Sample Processing […]
#SVML Sovereign Metals Ltd – COMMISSIONING OF SUSTAINABLE FARMING INITIATIVE
SOVEREIGN COMMISSIONS SUSTAINABLE FARMING INITIATIVE IN MALAWI · Sovereign has initiated a Conservation Farming Program in Malawi as part of its sustainability initiatives related to the development of Kasiya · Local farmers will be trained in sustainable farming techniques to increase maize crop yield; protect soil from erosion and degradation; and to improve long term food […]
#FCM First Class Metals Plc – Share Placing
First Class Metals PLC (“First Class Metals” “FCM” or the “Company”) the UK listed metals exploration company seeking economic metal discoveries across its extensive Canadian Schreiber-Hemlo, Sunbeam and Zigzag land holdings, is pleased to announce the completion of a private placing of a total of 3,700,000 ordinary shares of 0.1p each (“Ordinary Shares”) at a price […]
Blencowe Resources #BRES – Subscription & Conditional Subscription
New Investor The Company is pleased to report it has raised US$500,000 (£392,350) at 5 pence per share with a specialist African-based investor (“African Investor”) through the issue of 7,847,000 new ordinary shares. The investor has undertaken extensive due diligence over the last four months and the current investment is viewed as an initial entry […]
#BRES Blencowe Resources – DFC LOI REGARDING PROJECT FINANCING
Blencowe Resources Plc (LSE: BRES) is pleased to announce it has received a formal Letter of Interest (“LOI”) from the US International Development Finance Corporation (“DFC”) in which the DFC has indicated its willingness to participate in debt funding for the Orom-Cross graphite project (“Orom-Cross or the “Project”) in Uganda, subject to all necessary due […]
#BRES Blencowe Resources – Receipt of Further $1m tranche from the DFC
Blencowe Resources Plc (“Blencowe” or the “Company”) (LSE: BRES) is pleased to announce it has received its second tranche US$1 million funding payment from the United States International Development Finance Corporation (“DFC”). This represents a further 20% of the full US$5 million DFC grant to be utilised for Orom-Cross Definitive Feasibility Study (“DFS”) costs, with […]
#SVML Sovereign Metals – HIGHLY EXPERIENCED SOCIAL SPECIALIST FIRM APPOINTED TO ASSIST IN ADVANCING KASIYA
· African-based social specialist consultancy, SocialEssence has been appointed to lead social and community development programs for Sovereign in Malawi · SocialEssence joins Sovereign’s Owners Team and will design, implement, and manage several social and community initiatives which will feed into the DFS and permitting requirements · SocialEssence will build upon existing relationships cultivated over the last decade, […]