First Class Metals Ontario asset deal enters final completion phase
First Class Metals (AIM:FCM) surged 27.5% to 4.08p after the company confirmed that material commercial terms have been agreed for the monetisation of its Ontario asset and that the transaction has entered its final completion phase, with only customary closing steps remaining. The announcement marks a significant milestone in the company's effort to unlock value from its Canadian portfolio.
Shuka Minerals hits high-grade zinc in second Kabwe drill hole
Shuka Minerals (AIM:SKA) reported high-grade zinc intersections from its second drill hole at the Kabwe project in Zambia, advancing the company's 2026 drilling programme at the site. The result builds on the momentum established by the first hole and supports the geological case for the licence area. Separately, Shuka raised additional working capital through a share subscription. The stock edged 1.89% higher to 2.904p.
Serval Resources confirms copper showings across two Kaoko Basin licences
Serval Resources reported that initial geological mapping across two licences in Namibia's Kaoko Basin verified multiple copper showings and identified newly discovered surface mineralisation. The company also secured three-year environmental clearances for both licences, providing the regulatory runway needed to advance exploration work. The findings mark an early but meaningful step in defining the copper prospectivity of the ground.
