Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBeowulf Share News (BEM)

Share Price Information for Beowulf (BEM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.80
Bid: 0.75
Ask: 0.85
Change: 0.00 (0.00%)
Spread: 0.10 (13.333%)
Open: 0.80
High: 0.80
Low: 0.80
Prev. Close: 0.80
BEM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Beowulf shares up on Kosovo survey results

Thu, 26th Nov 2020 10:37

(Sharecast News) - Mineral exploration and development company Beowulf announced results from the induced polarisation and resistivity surveys undertaken by Vardar Minerals over the Metal Creek prospect on Thursday, which forms part of the Viti Project in south east Kosovo.
The AIM-traded firm said a "detailed" 3D survey had delineated high chargeability anomalies associated with an extensive north-north west trending zone of alteration and anomalous multi-element soil sample and rock grab sample results.

It said the newly-defined high chargeability anomalies sat in close proximity to gold and copper mineralisation, associated with altered porphyritic trachyte dykes, intersected by stratigraphic drilling in 2019.

The anomalies could represent higher grade mineralised zones, Beowulf said, with Vardar now planning to drill two short holes to test chargeability "hot spots".

"From a 'state of the art' geophysics programme, the Vardar team is producing an exceptionally high quality dataset for analysis and interpretation," said chief executive officer Kurt Budge.

"We have clearly defined targets from the geophysics programme at Metal Creek, which, when considered together with previous work, geological mapping, soil and grab sampling, presents a very attractive picture.

"Vardar now has plans to drill two short holes to intercept the anomalies."

Budge said the timing for the work had yet to be decided.

"Pushing ahead with our investment in Vardar in August, we only hoped for the promising results that we have seen for Wolf Mountain and Majdan Peak at Mitrovica and that we are now seeing for Metal Creek at Viti.

"We are working with the Vardar team on a plan for drilling the substantial number of targets that have been generated so far across both projects, prioritising the most attractive opportunities for a discovery."

At 1022 GMT, shares in Beowulf Mining were up 7.14% at 4.5p.
More News
2 Feb 2017 16:30

Beowulf Mining preparing response to mining concession rejection

(ShareCast News) - Sweden-focused mineral exploration and development company Beowulf said on Thursday that it received a letter from the Mining Inspectorate of Sweden, asking the company if it has any comments on the announcement made on Wednesday by the county administrative board for the County o

Read more
1 Feb 2017 11:39

Beowulf Mining shares crumble after exploration application rejected

(ShareCast News) - Shares in Beowulf Mining tanked and were suspended after the explorer's application for an exploitation concession for its Kallak North property was referred by the Norrbottenback County Administrative Board back to the Mining Inspectorate of Sweden. The AIM-listed outfit suspende

Read more
1 Feb 2017 11:13

Beowulf Approaching Four Years Without Kallak Exploitation Concession

Read more
25 Jan 2017 15:15

Beowulf releases positive test results from Finland

(ShareCast News) - Mineral exploration and development company Beowulf announced testwork results on Wednesday, for composite samples taken from its Haapamäki, Pitkäjärvi and Aitolampi graphite prospects located in eastern Finland, approximately 40 kilometres southwest of the well-established mining

Read more
25 Jan 2017 10:03

Beowulf Shares Rises On Positive Results From New Finnish Prospects

Read more
21 Dec 2016 09:30

Beowulf Mining raises £1m to develop Swedish projects

(ShareCast News) - Iron and polymetal explorer Beowulf Mining has raised £1m in equity in order to develop projects in Sweden. The £1m that will be raised will be added to the £140,000 already gained from investors in the UK and the £860,000 from investors in Sweden. At the beginning of December th

Read more
14 Oct 2016 08:31

Beowulf Mining offloads Grundtrask gold licences

(ShareCast News) - Mineral exploration and development company Beowulf Mining announced the divestment of its Grundtr?sk gold exploration licences on Friday. The AIM-traded firm confirmed it has divested its Grundtr?sk nr 6 and nr 7 gold exploration licences to Erris Resources Limited. It described

Read more
7 Oct 2016 11:53

Beowulf Mining makes positive discoveries at Atvidaberg

(ShareCast News) - Mineral exploration and development company Beowulf Mining provided an exploration update on its Åtvidaberg licence on Friday, confirming that to date, only a small part of the licence area has been studied. The AIM-traded firm said resources had so far been focused on areas in th

Read more
23 Sep 2016 14:31

Beowulf Mining revises Kallak North application

(ShareCast News) - Mineral exploration and development company Beowulf updated the market on the application process for Kallak North on Friday, having submitted a letter to the Mining Inspectorate of Sweden on 21 September. The AIM-traded firm said the letter revised its application boundary to enc

Read more
23 Sep 2016 07:22

Beowulf Still Looks No Closer To Obtaining Kallak North Concession

Read more
30 Aug 2016 11:33

Beowulf Ramps Up Efforts For Kallak North Exploitation Concession

Read more
30 Aug 2016 11:02

Beowulf Mining reports half year loss due to acquisition

(ShareCast News) - Iron ore explorer Beowulf Mining reported a half year loss due to an acquisition but benefited from the weak pound. For the six months ended 30 June loss after tax was £333,052, in line with the same period last year. In the second quarter a loss of £166,000 after tax was also

Read more
2 Aug 2016 09:07

Beowulf Prioritises Exploration At New Graphite Prospect In Finland

Read more
1 Jul 2016 07:21

Beowulf Application For Kallak North Concession To Be Reviewed

Read more
30 Jun 2016 09:44

WINNERS & LOSERS SUMMARY: Beowulf Rises As Swedish Government Meets

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.