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#KAV Kavango Resources PLC – Notice of General Meeting
Kavango Resources plc (LSE:KAV), the Southern Africa-focused metals exploration company, is pleased to announce that it will today post a copy of a notice of general meeting (the “General Meeting Notice” or “Circular”) and form of proxy for the general meeting to shareholders. The general meeting is to be held at 11 a.m. on 25 October 2023 at the offices of the Company’s Solicitors, Druces LLP, Salisbury House, London Wall, London EC2M 5PS (the “General Meeting”). The Company will also make these documents available to download from the Company’s website (www.kavangoresources.com).
In accordance with Listing Rule 14.3.6 of the UK Financial Conduct Authority (“FCA”), a copy of the General Meeting Notice will be submitted to the FCA via the National Storage Mechanism and will shortly be available to the public for inspection at:
https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism
Background
The General Meeting Notice will be published and posted to shareholders today, together with a form of proxy, providing notification of the General Meeting to consider the resolutions set out below.
Resolutions have been tabled to (i) seek approval from independent shareholders of a waiver in accordance with Rule 9 of the Takeover Code (Whitewash) in relation to the Stage 2 Subscription (as announced on 09 May 2023), (ii) issue and allot, or grant rights to subscribe for or convert any securities into the Stage 2 Subscription Shares, and to (iii) allot equity securities (as defined in section 560(1) of the Companies Act 2006) for cash in respect of the Stage 2 Subscription Shares on a non-premptive basis.
Further information in respect of Kavango and its business interests is provided on the Company’s website at www.kavangoresources.com and on X (formerly known as Twitter) at #KAV.
For further information please contact:
Kavango Resources plc
Ben Turney
+46 7697 406 06
First Equity (Broker)
+44 207 374 2212
Jason Robertson
The Vox Markets Podcast – Alan Green discusses Altona Rare Earths, Frontier IP & Warpaint
Alan Green CEO of Brand Communications discusses:
Altona Rare Earths #REE
Frontier IP Group #FIPP
Warpaint London #W7L
Listen- https://audioboom.com/posts/8373098-alan-green-discusses-altona-rare-earths-frontier-ip-warpaint
#FCM First Class Metals PLC – Canada Exploration Event in London
First Class Metals PLC (“First Class Metals” “FCM” or the “Company”) the UK metals exploration company focused on the discovery of economic metal deposits across its extensive Canadian – northwest Ontario, land holding is pleased to announce that Marc J Sale, Chief Executive Officer, will be co-hosting an investor event in the City of London on Tuesday, 19 September 2023 from 6.00pm UK time in conjunction with Darren Hazelwood, CEO of Panther Metals PLC (LSE: PALM) and Ryan Mee, CEO of Fulcrum Metals PLC (LSE: FMET).
At the event, which is free of charge and open to existing and potential investors of any of the three companies, the hosts will discuss:
· The opportunity Canada provides for mineral resource exploration.
· Each company’s strategy within this world class mining jurisdiction.
· The outlook for the resources sector and opportunities for junior mining companies.
There will also be a Q&A session where the hosts will field questions from the attendees. No new material or trading information will be provided at the event.
Event details are as follows:
· Date: Tuesday, 19 September 2023
· Time: 6.00pm for Drinks Reception, 6.30pm Event Commences
· Venue: Côte, 26 Ludgate Hill, London, EC4M 7DR
As places at this event are strictly limited, anyone wishing to attend must register in advance via the following link:
For those unable to attend, the event will also be live streamed via
https://www.youtube.com/@StockBox
and an on-demand version will be made available on the Company’s website after the event:
https://www.firstclassmetalsplc.com
For Further Information:
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James Knowles, Executive Chairman |
07488 362641 |
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Marc J Sale, CEO |
07711 093532 |
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Ayub Bodi, Executive Director |
07860 598086 |
First Equity Limited
(Financial Adviser & Broker)
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Jonathan Brown |
0207 3742212 |
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Jason Robertson |
0207 3742212 |
#HVO hVIVO plc – Capital Markets Day
-The event was a success since many attendees went on a facilities tour following the event.#POW Power Metal Resources Plc- Golden Metal Resources – Golconda Gold Anomalies
Power Metal Resources PLC (LON:POW) the London listed exploration company seeking large-scale metal discoveries across its global project portfolio announces an update from Golden Metal Resources PLC (“Golden Metal” or “GMT”), the Company’s 83.13% owned subsidiary, which is planning to list on the London capital markets this quarter.
The most recent update from Golden Metal was released on 26 August 2022 and can be found at the link below:
HIGHLIGHTS:
-Recently obtained historical dataset from a high-resolution geochemical soil survey covering the entirety of the Golconda Summit Project (“Golconda Summit” or the “Project”), has highlighted three zones of strongly anomalous arsenic and gold mineralisation for further investigation.
-Rock sample assay results from a geological mapping and sampling programme over Golconda Summit, undertaken by Golden Metal’s in-country senior geological consultant, have confirmed strong arsenic (pathfinder for Carlin-type gold mineralisation) and gold anomalism.
-At the Garfield Project assay results are pending for the recently completed soil geochemical survey.
-At the Pilot Mountain Project three-dimensional (“3D”) modelling of the high-resolution induced polarisation (“IP”) geophysics survey data collected over Golden Metal’s flagship project has been commissioned, with results eagerly awaited.
Oliver Friesen, Chief Executive Officer of Golden Metal Resources PLC, commented:
“Our 100% owned flagship Pilot Mountain Project has been a source of particular focus for GMT and our investors, with good reason, as we continue to engage in various discussions regarding possible technical and financial engagement at a project level.
Work has continued in parallel across GMT’S other Nevada interests and today’s update is focused on significant gold anomalism confirmed across the Golconda Summit Project where we are targeting a Carlin-type gold discovery.
Review of newly acquired historical datasets, together with recently completed detailed geological mapping and rock sampling at Golconda Summit have delivered clear evidence of gold and arsenic anomalism. These results, in GMT’s technical view, further underpin the strong value proposition associated with bringing this compelling gold opportunity to UK investors alongside the rest of our exciting Nevada focused project portfolio.
We are seeing a steady improvement of market conditions, and particularly those surrounding junior mining and exploration companies. As a result, we are seeking to secure the UK listing of Golden Metal Resources as soon as possible.
Paul Johnson, Chief Executive Officer of Power Metal Resources PLC, commented:
“The news from Golconda Summit today is the first key set of exploration results, and they have ratified our belief in the potential of the Project to host a Carlin-type gold deposit. As a result, Golconda has been designated as a priority Project for follow-on exploration and subsequent drilling.
The combination of the strategically significant Pilot Mountain Project combined with the blue-sky exploration upside offered by Golconda Summit, as confirmed today, makes Golden Metal, in our view, a unique investment proposition focused on Nevada, USA and we look forward to the planned listing in London.“
Further Information: Golconda Summit
Within Carlin-type gold deposits, which are found almost exclusively within northern Nevada, there are multiple alteration minerals that are typically found proximal and near to Carlin-type gold deposits. The most notable of these is arsenic, so as a result arsenic anomalism is often one of the best proxies when looking for Carlin-type gold deposits. Additionally, arsenic is considered to be highly mobile (compared to gold) and therefore arsenic can more easily be remobilised along fluid conduits away from Carlin-type mineralised systems.
Geochemical Sampling
Golden Metal have obtained the dataset for a high-resolution (60m x 60m sample spacing) soil geochemical survey completed across the entire Golconda Summit Project in 2006. This historical geochemical dataset includes 741 multi-element assay results from which three discrete anomalous zones have been identified: ‘Trench’, ‘Thrust’, and ‘Ridge’ zones. These zones are defined by the arsenic and gold results, of which there is a strong correlation noted. The ‘Trench’ zone is coincident with historical trenching completed within the Project, while little historical work is known to have been completed within the ‘Thrust’ and ‘Ridge’ zones (see Figure 1).
‘Trench Zone’ – Strong arsenic and gold anomalism was identified with individual results up to 929ppm As and 1846ppb Au (1.846g/t; Sample GS-358).
‘Thrust Zone’ – Strong arsenic and gold anomalism was identified with results up to 338ppm As and 402ppb Au (Sample GS-134).
‘Ridge Zone’ – Strong arsenic and gold anomalism was identified with results up to 110ppm As and 782ppm Au (Sample GS-679).
Rock Sampling/Mapping
Detailed mapping and rock sampling was recently completed across Golconda Summit by Golden Metals’ in-country senior geological consultant. A total of 41 individual rock samples were taken, and detailed mapping of the easterly dipping iron-point thrust fault was completed. Most of the sampling was done within or near to the ‘Thrust Zone’. Strong arsenic and gold anomalism was identified within multiple samples, and in particular within five samples that are within the mapped iron-point thrust fault.
As with the geochemical results, a strong correlation between arsenic and gold results was noted. Of the 41 samples collected, 9 samples returned >250ppm As, with 6 samples returning >500ppm As (500ppb represents upper limits of analysis technique used). The three top gold results from the rock sampling completed were all from samples that returned >250ppm As (838, 335, and 280ppb Au).
Geological Model
At Golconda Summit, GMT’s geological consultant has completed several weeks of detailed mapping and has identified the presence of the Iron Point thrust fault. This thrust fault has controlled the emplacement of non-reactive ‘upper plate’ rocks, over top of reactive ‘lower plate’ rocks. Encouragingly (see Figure 2), a very strong arsenic anomalism within rock and soil sample results is coincident with the surface expression of the Iron Point thrust fault. The postulation is that there has been remobilisation of Carlin-type fluids up along the Iron Point thrust fault – with the view that one would need to drill test east of this thrust fault. Interestingly, the ‘Trench Zone’ is located with this drill target zone, and here, historical trenching completed by Nerco Mining Company in 1989 returned up to 7.6m of 19.7g/t Au within non-reactive ‘upper plate’ rocks. Secondary sub-vertical faults have been mapped across this trench area which could have controlled the remobilisation of Carlin-type gold from reactive ‘lower-plate’ rocks below.
Trenching as well as follow-up reverse circulation (“RC”) drilling is planned post the planned listing of Golden Metal. Golden Metal will be the first company to ever drill test at Golconda multiple prospective ‘lower plate’ units including the Antler Peak limestone, Edna Mountain and Preble Formations, all of which host Carlin-type gold deposits elsewhere in Northern Nevada.
Figure 1 – Golconda Summit: A plan map of the Project area including the recently obtained 2006 geochemical results as well as 2022 rock sampling results. Arsenic is a strong pathfinder for gold within Carlin-type gold deposits.
Figure 2 – Golconda Summit: A plan map of the Project showing the location of the ‘Ridge’, ‘Thrust’ and ‘Trench’ zones in relation to the major iron-point thrust fault which has been mapped across the Project.
The diagrams and images presented above may be viewed on GMT’s website and may be reached through the following link:
https://www.goldenmetalresources.com/project/the-golconda-summit-project/
Further photographs and videos from the drill programme are and will be available on the Company’s website gallery section, through the following link:
https://www.goldenmetalresources.com/investors/gallery/golconda-summit-project/
QUALIFIED PERSON STATEMENT
The technical information contained in this disclosure has been read and approved by Mr Nick O’Reilly (MSc, DIC, MIMMM, MAusIMM, FGS), who is a qualified geologist and acts as the Qualified Person under the AIM Rules – Note for Mining and Oil & Gas Companies. Mr O’Reilly is a Principal consultant working for Mining Analyst Consulting Ltd which has been retained by Power Metal Resources PLC to provide technical support.
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (“MAR”), and is disclosed in accordance with the Company’s obligations under Article 17 of MAR.
For further information please visit https://www.powermetalresources.com/ or contact:
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Power Metal Resources plc |
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Paul Johnson (Chief Executive Officer) |
+44 (0) 7766 465 617 |
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SP Angel Corporate Finance (Nomad and Joint Broker) |
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Ewan Leggat/Charlie Bouverat |
+44 (0) 20 3470 0470 |
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SI Capital Limited (Joint Broker) |
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Nick Emerson |
+44 (0) 1483 413 500 |
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First Equity Limited (Joint Broker) |
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David Cockbill/Jason Robertson |
+44 (0) 20 7330 1883 |
#TM1 Technology Minerals plc – Exploration update on the Leinster project
First work programme confirms high-grade lithium (2.95% Li2O) in spodumene pegmatite float on newly awarded exploration licence in Ireland
Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, is pleased to announce the results of the first work programme on new Prospecting Licence Area (PLA 1597) in County Wexford, Republic of Ireland, has yielded high-grade spodumene pegmatite samples in float ranging up to 2.95% Li2O.
The licence, which was awarded to Technology Minerals’ wholly owned subsidiary, LRH Resources Limited (“LRH”) on 22 March 2022, will form part of the Company’s Leinster Property exploration block, which is operated under an exclusive Option and Earn-in agreement with Global Battery Metals Ltd (“GBML”), (TSXV: GBML; OTCQB: REZZF; Frankfurt: REZ) with no project expenditure required by the Company.
Highlights
· The Company has been issued a new licence PLA 1597 by the GeoScience Regulation Office of the Department for the Environment, Climate and Communications of Ireland to add to the 15 licences already held bringing the total area of tenure to 526km2.
· Preliminary ground truthing and prospecting on PLA 1597 at two localities Knockeen and Carriglead have yielded high-grade spodumene pegmatite samples in float ranging up to 2.95% Li2O.
· Work programme due to commence to include detailed mapping, prospecting and deep overburden sampling at the Knockeen and Carriglead targets.
· Five previously identified target areas on the northern block are also to be targeted with follow up prospecting and sampling.
· Field exploration programmes to commence in October 2022 with a view to identifying specific areas for follow up drilling.
New licence PLA 1597 and initial prospecting results
PLA 1597 was identified as prospective for lithium pegmatite potential by the Company’s exploration consultants, Aurum Exploration Services (“Aurum”), following detailed desktop studies which outlined two proximal areas of spodumene-bearing pegmatite, reported by previous operators in the mid 1970s as part of their exploration programmes. The lithium pegmatite boulder trains at Knockeen and Carriglead are separated by a north-south valley and form an initial area of interest covering approximately 2km east-west and 1km north-south. An historical exploration map and report also described a trench excavated at Knockeen as having uncovered a 1.8m wide bedrock spodumene-bearing pegmatite vein. However, no detailed laboratory assays or geological maps of the trench were reported at that time.
LRH completed an initial one day reconnaissance site visit to the Knockeen – Carriglead prospects, with Aurum geologists visually confirming the presence of spodumene in float and collecting six samples which were submitted for analysis to ALS Laboratories, Loughrea, Co. Galway, Ireland and which returned values between 0.70% Li2O to 2.95% Li2O (Table 1).
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Sample ID |
Licence |
Prospect |
Li ppm |
Li2O %* |
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210724CL02 |
PL 1597 |
Knockeen |
3240 |
0.70 |
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210724CL03 |
PL 1597 |
Knockeen |
11200 |
2.41 |
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210724CL04 |
PL 1597 |
Knockeen |
11000 |
2.37 |
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210724CL05 |
PL 1597 |
Knockeen |
13700 |
2.95 |
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AES61137 |
PL 1597 |
Carriglead |
3550 |
0.76 |
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AES61138 |
PL 1597 |
Carriglead |
7470 |
1.61 |
Table 1: Results from prospecting at Knockeen and Carriglead Prospects PL 1597
*Li2O % = Li ppm % (x 2.153)
Dry stone field walls in the immediate vicinity of the historical Knockeen trench revealed abundant, spodumene-rich pegmatite float, with three of the four samples collected returning values of between 2.37% Li2O and 2.95% Li2O (Figure 1 & Photo 1).
Photo 1: Map showing spodumene pegmatite samples from Knockeen and Carriglead
A & B Spodumene pegmatite field samples Knockeen, C Spodumene pegmatite Knockeen Sample 210724CL05 (Li2O = 2.95% Li2O), D Spodumene pegmatite Carriglead Sample AES61138 (Li2O = 1.61% Li2O)
Further detailed exploration work on PLA 1597 by LRH, funded by its partner, GBML, has been agreed and is expected to commence in late October 2022, in the form of prospecting, mapping and deep overburden sampling surveys, which are aimed at defining targets for drilling.
The Leinster Property
The Leinster Property, located in the counties of Wicklow, Dublin and Wexford is focused on the exploration for lithium mineralisation within spodumene-bearing pegmatites. The Property consists of 15 prospecting licences, termed ‘the North-west Leinster Block’, which cover a total area of approximately 477km2, and a new Prospecting Licence Area (“PLA”), PLA 1597 48.32km2, in County Wexford which was awarded on 22 March 2022. All of the Property prospecting licences were granted to LRH.
The Property lies along a 135km long regional structural trend of known lithium-bearing pegmatites, along the south-eastern margin of the Leinster Massif, centred on the Aclare and Moylisha occurrences, which were discovered during 1960s and 1970s and are currently being explored under the Ganfeng – International Lithium joint venture.
In addition to the work on PLA 1597, five target areas on the North Leinster Block (Figure 2) will be followed-up, with detailed prospecting work by Aurum during Q4 2022. Exploration on these areas to-date has identified lithium-rich aplite and spodumene pegmatite float boulders within broader zones of Geological Survey of Ireland lithium anomalism in drainage stream sediment samples. This work has been previously reported by LRH and a summary of the prospecting is presented below:
1. Aghavannagh (1.78% Li2O equivalent in large angular blocks of spodumene-beating pegmatite float);
2. Sorrel (1.6% Li2O equivalent in spodumene-beating pegmatite float);
3. Tonygarrow (1.0% Li2O equivalent in spodumene-beating pegmatite float);
4. Scurlocks (0.65% Li2O equivalent in aplite float);
5. Knocknaboley (anomalous lithium, 820 ppm Lithium in aplite float).
As part of an on-going workflow, the Company continues to identify, fully assess and apply for new prospective areas for spodumene-pegmatite exploration opportunities along the district-scale Irish lithium pegmatite belt.
Figure 1: Map showing location of prospecting samples at Knockeen and Carriglead
Figure 2: Target map showing location of Northern Block and PL 1597
Alex Stanbury, CEO of Technology Minerals, said: “We are very pleased by the results of our first work programme at the Leinster Property which has confirmed the presence of high-grade lithium in spodumene-pegmatites and further strengthens our confidence in the potential of our prospects in the Irish pegmatite belt. Exploration programmes are expected to commence later this month to identify specific areas for follow up drilling and we are continuing to add to our portfolio of projects in Ireland with new applications focused on lithium exploration, a critical mineral needed to power the transition to a carbon neutral economy.”
Competent Person
All scientific and technical information in this announcement has been prepared under the supervision of EuroGeol Vaughan Williams M.Sc. P.Geo (a Principal of Aurum Exploration Services who currently provides exploration services to TM and to LRH), and a “qualified person” within the meaning of National Instrument 43-101. Vaughan Williams is also company secretary of LRH and a Director of the LRH Spanish subsidiary Asturmet Recursos S.L.
Enquiries
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Technology Minerals Plc |
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Robin Brundle, Executive Chairman Alexander Stanbury, Chief Executive Officer |
+44 20 4582 3500 |
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Global Battery Metals Ltd. |
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Michael Murphy BA, MBA, MSc., ICD, President & CEO |
+1 604-649-2350 |
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Oberon Investments Limited |
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Nick Lovering, Adam Pollock |
+44 (0)20 3179 0535 |
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Arden Partners Plc |
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Ruari McGirr, George Morgan |
+44 (0)207 614 5900 |
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Gracechurch Group |
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Harry Chathli, Alexis Gore, Amy Stupavsky |
+44 20 4582 3500 |
Technology Minerals Plc
Technology Minerals is developing the UK’s first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. Technology Minerals is focused on extracting raw materials required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. With the increasing global demand for battery metals to supply electrification, the group will explore, mine, and recycle metals from spent batteries. Further information on Technology Minerals is available at www.technologyminerals.co.uk
#GRX GreenX Metals – Notice of AGM
DATE OF ANNUAL GENERAL MEETING
GreenX Metals Limited (GreenX or the Company) advises that the Annual General Meeting (AGM) of the Company will be held at the Conference Room, Ground Floor, 28 The Esplanade, Perth, Western Australia on Wednesday, 16 November 2022 at 10.00am (AWST).
Further information relating to the AGM, including the resolutions proposed and explanatory information in respect of such resolutions, is set out in the Notice of AGM which is available for download on GreenX’s website at: https://greenxmetals.com/investors/announcements/.
A Form of Instruction will be sent to all depository interest holders allowing them the opportunity to vote via proxy at the AGM.
For further information please contact:
Dylan Browne
Company Secretary
+61 8 9322 6322