REG - Metals One PLC - Black Schist Ni-Zn-Cu-Co Project Update

Metals OneAnnouncement

17/04/2024 16:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240417:nRSQ0213La&default-theme=true

RNS Number : 0213L  Metals One PLC  17 April 2024

 

17 April 2024

 

Metals One Plc

("Metals One" or the "Company")

 

Black Schist Ni-Zn-Cu-Co Project Update

 

Metals One, which is advancing critical minerals projects in Finland and
Norway, announces that further to its announcement of 22 February 2024, it now
expects to receive and then announce the assay results from the un-assayed
intersections at its P5 target at the Black Schist Ni-Zn-Cu-Co Project in
Finland in May. The Company still expects to share its findings having updated
the block model and resource estimate in Q2 2024 as previously advised.

 

Enquiries:

 

 Metals One Plc                                                     via Vigo Consulting

 Jonathan Owen, Chief Executive Officer                             +44 (0)20 7390 0234

 Beaumont Cornish Limited (Nominated Adviser)                       +44 (0)20 7628 3396

 James Biddle / Roland Cornish

 www.beaumontcornish.com (http://www.beaumontcornish.com)

 Shard Capital Partners LLP (Joint Broker)                          +44 (0)20 7186 9952

 Damon Heath / Erik Woolgar

 SI Capital Limited (Joint Broker)                                  +44 (0)14 8341 3500

 Nick Emerson

 Fortified Securities (Joint Broker)                                +44 (0)20 3411 7773

 Guy Wheatley, CFA

 www.fortifiedsecurities.com (http://www.fortifiedsecurities.com)

 Vigo Consulting (Investor Relations)                               +44 (0)20 7390 0234

 Ben Simons / Kendall Hill

 metalsone@vigoconsulting.com

 

About Metals One

 

Metals One is developing critical minerals projects in Finland (Black Schist
Project) and Norway (SRH Råna Project), with approximately £9 million of
exploration carry exposure through farm-in agreements. Metals One is aiming to
help meet the significant critical minerals by defining resources on the
doorstep of Europe's major electric vehicle OEMs and battery manufacturers.
Metals One's Black Schist Project in Finland, totalling 706 km(2) across three
licence areas, has an Inferred Resource of 28.1 Mt nickel-zinc-copper-cobalt
and is located adjacent to Talvivaara, Europe's largest operating nickel mine.
Metals One's fully carried SRH Råna Project in Norway covers 18.14 km²
across three contiguous exploration licences, with significant opportunity for
brownfield exploration of the Råna intrusion, and proven potential for
massive sulphide nickel-cobalt-copper mineralisation.

 

Follow us on social media:

 

LinkedIn: https://www.linkedin.com/company/metals-one-plc/
(https://www.linkedin.com/company/metals-one-plc/)

X (Twitter): https://twitter.com/metals_one_PLC
(https://twitter.com/metals_one_PLC)

 

Subscribe to our news alert service on the Investors page of our website at:
www.metals-one.com (http://www.metals-one.com)

 

Market Abuse Regulation (MAR) Disclosure

 

The information set out below is provided in accordance with the requirements
of Article 19(3) of the Market Abuse Regulations (EU) No. 596/2014 which forms
part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018
('MAR').

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDSFLFLWELSELL