According to the Department for Transport, electric vehicle charging points will increase tenfold by the end of the decade.
The new Electric Vehicle Infrastructure Strategy by the government will see an increase in UK charge points to 30,000 from now until 300,000.
Atlantic Lithium Ltd (AIM: ALL) announce a significant Mineral Resource Estimate upgrade to 30.1Mt at 1.26% Li2O for the Ewoyaa lithium deposit within the Cape Coast Lithium Portfolio in Ghana, West Africa.
- 42% increase in MRE to 30.1Mt at 1.26% Li2O, reported in accordance with the JORC Code (2012) in Indicated and Inferred status at the Ewoyaa deposit.
- Total Resource grade remains largely unchanged, highlighting its robust geological fundamentals, and includes a 294% increase to 20.5Mt at 1.29% Li2O in the Indicated category and 9.6Mt at 1.19% Li2O in the Inferred category.
Breaking cover– How Kavango Resources is surveying beneath the surface in Botswana
Power Metal Resources PLC (LON: POW) update from its properties surrounding the Athabasca Basin in Saskatchewan, Canada. Uranium Portfolio Update – Athabasca Basin Canada. Extensive Uranium Prospectivity Identified at Cook Lake and E-12 Uranium Properties. Commissioning of NI 43-101 Technical Report at Reitenbach Property.
Through its wholly-owned Canadian operating companies, Power Metal holds seven 100% owned uranium focused properties (see Table 1) covering an area of 417.24 km2 (41,724 hectares).
Europa Metals Ltd (AIM: EUZ) Positive Ore Sorting Results for the Toral Project. A bulk sample of siliceous mineralisation and two further discrete carbonate samples (from holes TOD-025D and TOD-028) from the indicated mineral resource zone at the Company’s wholly-owned Toral lead, zinc and silver project in the Castilla y León region, Spain (“Toral” or the “Toral Project”) were evaluated by TOMRA. The XRT testwork forms part of a wider metallurgical programme that includes locked cycle flotation testwork and tailings evaluation for backfill.
Power Metal Resources plc (LON: POW), announces an update in respect of certain Botswana interests. Ditau Camp Project Drill Programme Commencement.
Further to previous announcements, Kavango Resources plc (LON: KAV) has at this time withdrawn from making an offer for the entire issued share capital of Kalahari Key Mineral Exploration Pty Limited (“Kalahari Key” or “KKME”) in order to focus on its other business interests. Power Metal holds 5,313 shares in Kalahari Key (circa 21.5% of the issued Kalahari Key shares) and together with an earned-in 40% direct Molopo project interest has an effective economic interest of circa 53% in Molopo.
Power Metal will now engage with Kalahari Key and its shareholders to review alternative strategies and take Molopo forward.
Beowulf (AIM: BEM; Spotlight: BEO), announced that its 100 per cent owned Jokkmokk Iron Mines AB (“JIMAB”) has been awarded an Exploitation Concession for the Kallak North Iron Ore Project (“Kallak”).
Kurt Budge, Chief Executive Officer of Beowulf, commented: I am grateful to the new Minister of Enterprise and Innovation for placing trust in the Company to take the Kallak project forward. The award of the Concession is simply a long-awaited milestone on the development timeline and we now look forward to environmental permitting.
TPI provides its latest research note on Alien Metals Limited (AIM: UFO)
Sovereign Metals Ltd (LON: SVML) Sovereign’s Rutile to Reduce Carbon Footprint. Announce the results of an expanded Life Cycle Assessment Study assessing the Global Warming Potential (GWP) of natural rutile produced at the Company’s Kasiya Rutile Project (Kasiya) in Malawi.
The Study concludes that Sovereign’s natural rutile product is expected to have substantially lower GWP (Scope 1, 2 and 3 scope emissions) when compared to other titanium feedstock alternatives produced by upgrading ilmenite (i.e., synthetic rutile and titania slag). Using natural rutile from Kasiya as titanium feedstock for the chloride pigment process would significantly reduce Scope 1, 2 and 3 greenhouse gas emissions. Titanium feedstock is a key component of various industrial and consumer products. Therefore, utilising natural rutile such as from Kasiya, as direct use titanium feedstock could hold the solution to developing low-carbon footprint products including low carbon paints.
Alien Metals Ltd (AIM: UFO), advised that the Company has completed the acquisition of a 100% interest in the Munni Munni Platinum Group Metals and Gold Project in the West Pilbara, Western Australia. As announced on 24 November 2021, the Munni Munni Project is currently subject to a joint venture between Artemis Resources Limited (ASX/AIM:ARV) and Platina Resources Limited (ASX:PGM).
Bill Brodie Good, Chief Executive Officer & Technical Director of Alien Metals, commented: We are now in a position to start technical work on the project and consolidate activities undertaken over the last 20 years to advance the project as a priority. Additionally, we are excited to have a larger geological setting to incorporate aspects from the different locations of the intrusion into an overall project and concept.
“We also welcome both Artemis Resources and Platina Resources to the register as shareholders of the Company”.
Caracal Gold PLC (LON: GCAT) the expanding East African gold producer with operations in East Africa and over 650,000oz JORC-compliant gold resources, new heap leach plant. The Company confirmed that construction of its new heap leach plant is on schedule and is expected to positively impact cash flow, in line with the Company’s projections. This underscores the Company’s commitment to increase production to 24,000oz pa at its Kilimapesa Gold Mining and Processing Operations.
The first 5,000tpm pad for the heap leach operation has been completed, loaded with ore and is being commissioned. This first heap leach pad will act as a ‘pilot plant’, with the full heap leach plant operation to be expanded up to a capacity of 20,000tpm.
Kavango Resources plc (LSE: KAV) announces it proposes to make an offer to acquire 100 per cent of the issued share capital of Kalahari Key Mineral Exploration Proprietary Ltd (“KKME”) (the “Provisional Offer”). KKME has a 60% effective economic interest in the Molopo Farms Nickel Exploration Project, Botswana.
Ariana Resources PLC (AIM: AAU) provide an update on Venus Minerals Ltd. Venus is focused on the exploration and development of copper and gold assets in Cyprus and is 50% owned by Ariana and its beneficial ownership will remain dominated by Cypriot and British shareholders.
Thor Mining PLC (ASX:AIM: THR) Nicole Galloway Warland, Managing Director Interview
On a flying visit to London from Australia, we managed to catch up with Nicole Galloway Warland in the London studio and ask her a few questions to update shareholders (link above)
- What is the reason for your visit to the UK?
- How have you settled into the role of Managing Director?
- The company released the Half-year report on Tuesday, any highlights you would like to talk about
Rockfire Resources plc (LON: ROCK), announced that the Company’s 100% owned Copperhead Cu-Mo-Ag Deposit in Queensland, Australia, has delivered a maiden JORC (2012) Mineral Resource of 120,000 tonnes of copper equivalent.
Kibo Energy PLC (AIM: KIBO) Acquisition of Brownhill and Suspension of Trading. The Company has signed a Share Purchase Agreement (“SPA”) to acquire the Victoria Falls Solar Park project in Zimbabwe from Broomfield International Limited (“Broomfield”).
Kibo will acquire 100% of the issued share capital of Brownhill International Limited (“Brownhill”) and shareholder loan claims against Brownhill (the “Transaction”) which holds the Project through its wholly owned subsidiary Power Ventures (Private) Limited. The Transaction will be for a consideration of GBP 10,000,000, payable in new ordinary shares of Kibo at an issue price of 5p per share, following an intended 1 for 10 share consolidation as part of the Transaction (equivalent to 0.5p pre consolidation).
Alba Mineral Resources plc (AIM: ALBA) updated regarding the Clogau-St David’s Gold Mine, where assay results from a Phase 2 sampling programme undertaken at the historic Waste Tip have returned gold grades of up to 11.35 g/t.
Alba’s Executive Chairman, George Frangeskides, commented: With gold grades of up to 11.35 g/t, in tandem with a successful initial bulk sampling programme, we hope to fast-track the start of low-cost production from the Waste Tip at this historic gold mine. Additionally, given the fine nature of the material that has the potential to filter downwards, we are exploring options to take a second bulk sample from the lower reaches of the Waste Tip that could further strengthen the Project’s economics.”
Greatland Gold plc (AIM: GGP), announced its interim results for the six months ended 31 December 2021. The Company made significant progress in the first six months of the financial year.
Havieron
- The Stage 1 Pre-Feasibility Study (“PFS”) on the South-East Crescent of the Havieron deposit was released on 12 October 2021
- PFS revealed the tip of the Havieron iceberg with a fraction of the initial resource supporting the total capex of the project, justifying a fast start approach to early cashflow generation and reinvesting back into Havieron development and infrastructure.
- In addition, Havieron completed a total of 219,561m of drilling from 266 holes, with all the latest completed holes continuing to intersect mineralisation, and 19 reporting significant mineralisation.
- Post period on 3 March 2022, announced an updated mineral resource that substantially increased Havieron Resource and Reserve
Shaun Day, Chief Executive Officer of Greatland Gold plc, commented:
“We are very pleased with the strides we have taken in the first six months of the year as we continued to deliver outstanding progress at Havieron, ensured the Company remained well capitalised to accelerate exploration activities and built up of the breadth and capability of the Greatland management team and Board.
At Havieron, our joint venture with Newcrest released the Stage 1 Pre-Feasibility Study. The study revealed that a segment of the initial resource covers the total capex of the project, supporting Greatland’s belief that the profile of Havieron makes it a globally unique opportunity for bringing a low risk, low capex tier-one gold-copper mine into production. In addition, the rapid development and growth potential at Havieron was demonstrated by the recently released mineral resource and reserve update which, in only 10 months of further drilling, added more than 50% in total gold content.
