Tag: #PT

Blackheath Resources finds more tungsten at Borralha

Blackheath Resources finds more tungsten at Borralha

Last year, Blackheath Resources (BHR.V) completed an additional drill hole at the Santa Helena breccia, part of the Borralha tungsten project. This hole was drilled approximately 100 meters south of hole 8A where assay results revealed an interval of 118 meters containing 0.29% WO3. Hole BO17 entered mineralization at a […]

Polymetal International publishes a maiden resource estimate at Viksha

Polymetal International publishes a maiden resource estimate at Viksha

Polymetal International (POLY.L, AUCOY) has recently published a first resource estimate on its 100%-owned Viksha Palladium-Platinum-Gold-Copper project located in the Republic of Karelia approximately 450 kilometers from St Petersburg. The company completed 166 diamond drill holes for a total of 22,145 meters of drilling, and this resulted in a large […]

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Blackheath is raising money at a substantial premium

Blackheath Resources (BHR.V) has announced it’s planning to conduct a private placement with its units priced at C$0.40. Each unit will include one common share as well as half a warrant valid for 2.5 years and exercisable at C$0.53. As Blackheath’s share price closed at C$0.26 before the announcement, the […]

Balmoral finds more Nickel at Grasset

Balmoral finds more Nickel at Grasset

Balmoral Resources (BAR.TO) has some more good news coming from its Grasset project in Québec, Canada. The most important result is an intercept of almost 45 meters containing 1.53% nickel, 0.16% copper, 0.86g/t palladium and 0.37g/t platinum. If one would try to re-calculate this into a nickel-equivalent grade using the […]

Sama Resources finds new Copper-Nickel zone in Ivory Coast

Sama Resources finds new Copper-Nickel zone in Ivory Coast

Sama Resources (SME.V) has announced it has discovered a new zone with nickel and copper mineralization at surface just nine kilometers from the Samapleu project. This sector was identified during an airborne survey last year and now a hand-held XRF analyzer has sampled rocks with grades ‘up to 2.11% nickel […]

Blackheath Resources earns a 70% interest in the Covas project

Blackheath Resources earns a 70% interest in the Covas project

Blackheath Resources (BHR.V) has announced it officially acquired a 70% interest in the Covas tungsten project in northern Portugal from Avrupa Minerals (AVU.V) as it has met the requirements in the initial joint venture agreement. Additionally, the company has re-negotiated the joint venture agreement and can now earn an additional […]