Norge Mining plc has announced the publication of a mineral resource estimate for the critical raw materials Storeknuten Deposit in the Høyland Exploration Area.
Norge Mining plc: Publication of Mineral Resource Estimate for Storeknuten in the Høyland Exploration Area
1 deposit of EU Critical Raw Materials
Mineral Resource Estimate of 240 million tonnes containing potentially economic vanadium, titanium and phosphate
Phosphate grades significantly higher than at the Company s world-class Øygrei Deposit
Norge Mining plc, the Anglo-Norwegian mineral exploration company focused on the Bjerkreim Exploration Project in southwest Norway, announces publication of a Mineral Resource Estimate for the Storeknuten Deposit in the Høyland Exploration Area. The data confirms Storeknuten as the Company s second world-class discovery in the Bjerkreim Exploration Project.
The Storeknuten Mineral Resource covers an area of about 400,000 sq m, which represents approximately 15% of the Høyland Exploration Area.
Publication of Mineral Resource Estimate for Storeknuten in the Høyland Exploration Area streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Share:
VANCOUVER, British Columbia, March 16, 2021 (GLOBE NEWSWIRE)
Asante Gold Corporation (CSE:ASE, OTC:ASGOF) ( Asante or the Company ) announces a private placement to accredited and exempt investors (the Private Placement ) of up to 33,333,333 units at CAD$0.15 per unit (each a Unit ), for gross proceeds of up to CAD$5.0 million.
Each Unit will consist of one common share of the Company (a Common Share ), and one Common Share purchase warrant (a Warrant ). Each Warrant will entitle the holder to purchase one additional Common Share at an exercise price of CAD$0.25 at any time during the 24 months following the closing date. The Company is relying on exemptions from the prospectus requirements and applicable securities laws to issue the shares. All securities purchased under this offering will be subject to a four month and one day hold period. Directors and officers of the Company may participate in the private placement. Proceeds from the placement will be use
Press release content from Business Wire. The AP news staff was not involved in its creation.
Norge Mining plc - Publication of Mineral Resource Estimate
February 17, 2021 GMT
LONDON (BUSINESS WIRE) Feb 17, 2021
Norge Mining plc, the UK-based exploration company focused on Norway, announces the publication of a maiden Mineral Resource Estimate for the Øygrei area, which confirms the world-class 1 characteristics of the Company’s Bjerkreim Exploration Project in south west Norway.
Highlights
Maiden Mineral Resource Estimate of 1.55 billion tonnes, containing mean grades of 1.74% phosphorus pentoxide, 4.95% titanium dioxide and 0.07% vanadium pentoxide.
This is a world-class resource of EU Critical Raw Materials, defined as materials of strategic importance for the European economy but for which the EU currently relies on imported supply, and could potentially support a mine life in excess of 50 years.