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Power Metal Resources PLC secures option to acquire two prospecting licences in Botswana - Vimarsana News

Power Metal Resources PLC secures option to acquire two prospecting licences in Botswana

The option allows for a 60-business day due diligence period Power Metal Resources PLC (LON:POW) announced has secured an option to acquire two prospecting licences for gold and nickel and located upon the Tati Greenstone Belt, Botswana. The option allows for a 60-business day due diligence period and, should the miner exercise it, it will undertake the licence acquisitions through its newly formed 100% owned subsidiary Power Metal Resources Botswana. The vendor is Vital Commodities, owned by Guernsey-based Equity Drilling Limited. The Tati Greenstone Belt, located in the northeast of the co...

Mickey Fulp: Buy These Metals in 2021 - Vimarsana News

Mickey Fulp: Buy These Metals in 2021

Contributed Opinion Streetwise Reports  (2/26/21) Mickey Fulp, the Mercenary Geologist, in conversation with Maurice Jackson of Proven and Probable, discusses what metals he is and is not buying, and also talks about two companies in his portfolio. Maurice Jackson: Joining us for a conversation is Mickey Fulp, the world-renowned Mercenary Geologist. It's always a pleasure to speak with you, sir. I hope that life has been treating you well and that your family is in good health. Mickey Fulp: Absolutely. Maurice Jackson: Mickey, the Biden administration has announced the Green New D...

Investegate |Galileo Resources Announcements | Galileo Resources: Half-year Report - Vimarsana News

Investegate |Galileo Resources Announcements | Galileo Resources: Half-year Report

  Period under review · Galileo acquired 100% of Botswana-incorporated Crocus-Serv (Pty) Ltd ("Crocus"), whose assets comprise of 21 copper and nickel-PGE (Platinum Group Elements) exploration Prospecting Licences ("PLs") in the highly prospective Kalahari Copper Belt ("KCB") and the Limpopo Mobile Belt ("LMB") in western and eastern Botswana respectively. The consideration of £163,020 for the acquisition comprised the issue of a total 38,814,246 new Galileo ordinary shares of 0.1p at 0.42p each and a separate cash payment of £10,828. · The Company c...

Investegate |Galileo Resources Announcements | Galileo Resources: Audited Results for the year ended 31 March 2020 - Vimarsana News

Investegate |Galileo Resources Announcements | Galileo Resources: Audited Results for the year ended 31 March 2020

  · Completed, 21 June 2019, an independent initial inferred resource estimate ("IRE") for the Star Zinc project in accordance with JORC 2012 · The IRE reports Inferred zinc resources with reasonable prospects of future economic extraction of approximately 500 000 tonnes at 16% Zn or 77 000 tonnes of contained metal above a cut-off grade of 2% Zn, including approximately 340 000 tonnes at 21% Zn for 72 000 tonnes of metal above a cut-off grade of 8% Zn · Raised £1,000,000 in placing, before expenses, to advance the Star Zinc Project and for ge...