Firering Strategic Miner... Share Discussion Threads

[andrbea] 03/2/2023 09:52

waking up at last?(up 7.3%)

[the chairman elect] 18/1/2023 07:55

Firering Strategic Minerals plc / EPIC: FRG / Market: AIM / Sector: Mining

Start of Phase II Soil Sampling Programme

40% of the 2,491 Planned Soil Samples Completed



Firering Strategic Minerals plc, an exploration company focusing on critical minerals, is pleased to announce the commencement of its large-scale Phase II Soil Sampling Programme at its flagship Atex Lithium-Tantalum Project ("Atex"), in Côte d'Ivoire. The Phase II Programme is being undertaken in conjunction with Ricca Resources Limited ("Ricca") following its US$18.6 million investment to advance Atex to Definitive Feasibility Study ("DFS") announced on 2 November 2022.



Highlights:



· Two new pegmatite zones identified; one on each side of the main strike

· 993 soil samples taken out of a planned 2,491 samples

· 673 soil samples prepared for analysis with portable x-ray fluorescence spectrometry ("pXRF") and Laser Induced Breakdown Spectrometry ("LIBS")

· Coremet commenced coltan test work



Yuval Cohen, Chief Executive of Firering, said:

"After the successful completion of our Phase I diamond drilling programme and partnering with Ricca for the next phase of exploration, I am pleased to announce that Phase II of our planned soil sampling programme started on 9 January 2023. A total of 993 soil samples, approximately 40% of a planned total of 2,491 samples, were completed with 673 prepared for analysis with pXRF and LIBS.

"Particularly encouraging are the two new pegmatite zones found and mapped during the soil sampling exercise. Based on the current progress, we believe that our soil sampling programme will be completed ahead of time. I am looking forward to receiving the results and updating the market in due course."

[blackbear] 09/1/2023 15:05

Nice move today long and strong....

[burtond1] 30/12/2022 06:05

Yet another bleak year for the junior miners...Here @TMSreach we look at 12 Mining Companies that should be worth following over the next 12 months.Companies covered include:#CGH #CGO #EEE #FRG #HE1 #JAN #LND #LEX #PALM #POW #SRES #VASThttps://total-market-solutions.com/2022/12/12-mining-companies-to-follow-in-2023/

[noirua] 22/12/2022 16:35

The share price is nearly back to the start due to the underwhelming drilling results. Probably well overdone and time to buy back in.

[sipptrader88] 15/12/2022 15:22

My top up today is now in profit by a total of £3.......lol!

[sipptrader88] 15/12/2022 10:58

FRG dropped before 7 months ago from 11p to 9.5p....although over 5 days....not all at once!

Since then we have had an investment from RICCA $1m up front and another $18m (possibly $20.6m) odd to come and results including one exceptional intercept of 64m Intercept @ 1.24% Li2O in hole TVDD0004 announced last month, which ranked among the world's top five drill hits in October. Further continuity reported today.....25m at 1.39% Li2O from 77m in hole TVDD0018, and a nice report on the expected holes with no significant showings (most companies don't mention these).
The talk is of a DFS target of at least 20mt and we retain 50% (of the current 77% Atex Project) ..........and pray tell me why we are worth 30% less than when we floated a year ago?????????????????????????????????
Top up time?

[apfindley] 15/12/2022 09:04

Disappointing rns really. I was expecting much higher grades. The rampers promised so much more.

[andyview] 15/12/2022 08:42

Not exactly the reaction I expected…

Is it the timeframes mentioned?

Gla

[the chairman elect] 15/12/2022 07:25

Firering Strategic Minerals plc / EPIC: FRG / Market: AIM / Sector: Mining

Further Near Surface High-Grade Assays from Atex Lithium- Tantalum Project

Final Set of Assay Results Include Significant Intercept of 25m @ 1.39% Li2O

Firering Strategic Minerals plc ("FSM"), an exploration company focusing on critical minerals, is pleased to announce the final set of assay results from its maiden scout diamond drill programme at its flagship Atex Lithium-Tantalum Project ("Atex"), in Côte d'Ivoire.

Highlights:

· Positive results received from the final assays from scout drilling include:

o 25m at 1.39% Li2O from 77m in hole TVDD0018, including:

§ 18m at 1.85% Li2O from 80m.

o 7m at 1.33% Li2O from 60m in hole TVDD0019.

o 21m at 0.73% Li2O from 72m in hole TVDD0019, including:

§ 7m at 1.65% Li2O from 73m.

· Second phase of exploration is expected to start in Q1 2023 with the technical support from Ricca Resources Limited ("Ricca") following its US$18.6 million investment to advance Atex to Definitive Feasibility Study ("DFS"). Plans include:

o Immediate commencement in January of a large-scale soil sampling programme covering a 10km by 5km area west of the large pegmatite zones already identified in the Atex licence.

o The enlarged geochemical footprint will assist in determining new targets for the next phase of auger, Reverse Circulation ("RC") and diamond drilling planned for H2 2023.

Yuval Cohen, Chief Executive of Firering, said:

"Our maiden scout drilling campaign has been successful, confirming the continuity of the visible surface lithium bearing pegmatites below surface, with visible spodumene interceptions confirmed through the laboratory assays in several drill holes across our licence area. There have been several significant intercepts throughout our phase one scout drilling campaign, including one exceptional intercept of 64m Intercept @ 1.24% Li2O in hole TVDD0004 announced last month, which ranked among the world's top five drill hits in October.

"Our final assay results from our drilling campaign have not disappointed, with additional significant intercepts, including 25m, grading 1.39% Li2O identified. These intercepts again confirm the presence of lithium in our pegmatite system.

"We are excited to start the next phase of our exploration activities at Atex, in conjunction with our joint venture partner, Ricca Resources. Together, and following a site visit last month, we have agreed on a soil sampling programme, which will kick start work on site in early Q1 2023, which will drive the intended second auger and diamond drilling campaigns. We look forward to updating the market throughout this second campaign."

[blackbear] 14/12/2022 09:28

So cheap here.

[blackbear] 23/11/2022 11:25

This peak should be bigger this time 20p+

[gardenboy] 22/11/2022 07:44

$1m received from Ricca. RNS

[blackbear] 21/11/2022 14:08

so cheap should never have fallen back from 16p

[ridingthewaves1] 21/11/2022 14:07

No major buying yet

[thelung] 21/11/2022 11:28

Looks like it has a retrace to complete first

[the chairman elect] 16/11/2022 11:20

Noirua16 Nov '22 - 10:30 - 11894 of 11895

I've increased my holding in FRG by 70% at 13.18p. The average price paid is now 13.13p. Should push on back to 15p - 16p quite slowly on the low market cap to potential.

[the chairman elect] 16/11/2022 10:51

Yes it makes much sense to BUY the dips

[jbravo2] 16/11/2022 10:30

I’ll wait a bit yet

[andyview] 16/11/2022 10:07

Pick up a few more now?

Gla

[the chairman elect] 15/11/2022 12:05

GAP from yesterday now filled

[the chairman elect] 15/11/2022 08:25

Yes but due to the UT at the close yesterday FRG are actually UP nicely so far this morning....

[gardenboy] 15/11/2022 08:17

Picked a bad day to announce after Macquarie downbeat and Australian lithium tumbled overnight