METALS EXPLORATION LS-,01 Aktie

The Rock Creek gold processing plant from Metals Exploration has arrived in Nicaragua on schedule or ahead of schedule; unloading is complete and transport to the La India project site is well advanced. Earthworks for the processing plant and the industrial area are about 95% complete, structural work has begun, and construction of the plant is scheduled to start in October 2025. The company confirms its target to commence gold production in the fourth quarter of 2026; no information was provided on production volumes or capital costs. » Więcej na de.investing.com

Metals Exploration has obtained an exploration license for the Dupax project in northern Luzon, Philippines, and has begun geophysical surveys and a drilling program. The goal is to identify new gold, copper, and zinc deposits that could extend processing at the existing Runruno plant. Initial samples show promising mineralization, and drilling results will be published on an ongoing basis. » Więcej na de.investing.com

Drachs Investments No3 Limited has raised its stake in Metals Exploration plc to 20.37% of the voting rights and now holds 594,465,701 shares. The threshold requiring notification was crossed on July 7 and reported in accordance with regulatory requirements. No information was provided regarding the reasons or strategic intentions behind the increase. » Więcej na de.investing.com