Author: backoffice

Highlights: Further to the above, Firetail Ownership has increased to 70% of the Picha and Charaque Copper Projects, through acquisition of Kiwanda S.A.C. Executive Chairman, Brett Grosvenor, commented: “The Firetail Board began a strategic process over 12 months ago of identifying opportunities in a rising copper market. The culmination of this process is the acquisition...

Highlights Commenting on the sampling results, Managing Director Wade Johnson said: “The recent field activities and assay results at our Christmas Gift prospect provide further support to the prospectivity of this new high-grade discovery within our large 14 Mile Well Project. We are excited by the further high-grade rock chip results and shallow surface activities...

Led by CEO Lisa Su, AMD introduced the MI325X accelerator, slated for release in this year’s fourth quarter. Su emphasized that AMD is seeking to go toe-to-toe with the undisputed industry leader. “AI is clearly our number one priority as a company and we have really harnessed all of the development capability within the company...

Tony Sage, Chairman of EUR, commented: “This is a huge milestone for the Wolfsberg project which now paves the way for the next financing steps”. European Lithium holds 67,788,383 (83.03%) ordinary shares in Critical Metals. Based on the closing share price of Critical Metals being US$10.67 per share as of 5 June 2024, the Company’s...

The non-binding letter of intent entered by the two companies outlines a deal through which Eskay will acquire all outstanding P2 Gold shares at an exchange ratio of 0.2778 Eskay shares for each P2 share. Eskay shareholders will hold 80 percent of the merged company, while P2 shareholders will own 20 percent. Once the transaction...

Highlights Managing Director, Mr Fairhall said: “Down plunge extensions are a key pillar of the significant upside story at Horden Lake. The southern flank of the deposit has only been drilled to around 200m, whereas mineralisation is defined to ~550m in the central portion. These high grade results in the south demonstrate the strong potential...

KEY POINTS: WEST MUSGRAVE COPPER PROJECT (100% RDS) – WESTERN AUSTRALIA The West Musgrave Project, which includes the Tollu Copper Vein deposit (Tollu), is located in the southeast portion of the West Musgrave region of Western Australia. Tollu comprises an initial JORC 2012 resource of 3.8 million tonnes at 1% Cu, containing 38,000 tonnes of...

KEY HIGHLIGHTS Commenting on the results, Eastern Metals’ Chief Executive Officer Ley Kingdom said: “These are highly encouraging initial results from our fieldwork programs, which have confirmed the ability of mapping and soil pXRF analysis to identify geochemical trends within EL6321. “What’s even more encouraging is that these programs have highlighted new anomalous areas along...

David Morgan, publisher of the Morgan Report, shared his latest thoughts on silver, outlining the main factors he sees driving the metal at the moment and what its price potential looks like moving forward in 2024. He thinks silver is breaking out given that its move above US$30 per ounce meets the criteria outlined in...

Tantalum is a key material in steel manufacturing, as well as many modern technologies — the critical metal is used in capacitors for everything from computers and mobile phones to air conditioners and refrigerators. Yet despite its importance in the world today, tantalum mining takes place in very few countries. What’s more, much of the...