4CE
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Company News
Force Commodities cements Oman copper acquisitions from Savannah Resources
Following a long restructure period, Force Commodities (ASX: 4CE) has sparked back to life and is now the official owner of two high-grade copper projects in Oman after successfully purchasing the assets from AIM-listed Savannah Resources. The company announced in September it was acquiring Savannah’s interests in Bock 4 and Block 5 copper projects in […]
Force Commodities secures binding offtake agreement for all Tshimpala’s lead and silver
Africa-focused Force Commodities (ASX: 4CE) has collared a binding offtake agreement for 100% of the anticipated lead and silver production from its recently acquired Tshimpala project in Malawi. Under the agreement, global commodities trading group Swiss-based Transamine Trading SA has the right to purchase all the lead and silver generated from Tshimpala on an “evergreen” […]
Force Commodities hits high-grade pegmatites close to AVZ’s Manono project
Assays received from a phase one drilling program at Force Commodities’ (ASX: 4CE) Kanuka lithium project in the Democratic Republic of Congo, near AVZ Minerals’ (ASX: AVZ) world-class Manono lithium project, have confirmed the presence of high-grade lithium mineralised pegmatites. The program successfully intersected multiple stacked lithium-bearing veins over an initial inferred strike of 1.3 […]
Force Commodities grabs stake in neighbouring Kitotolo West lithium prospect
Force Commodities (ASX: 4CE) has inked a binding deal to farm into up to 75% of the Kitotolo West lithium prospect by paying vendor Walni Mineral Company SARL US$321,605 (A$321,605) and past rights holder African Arch Capital (Mauritius) A$1 million in Force shares. The 400 square kilometre prospect is located immediately west and is contiguous […]
Force Commodities to use same drilling company as AVZ Minerals for Kitotolo and Kanuka
Force Commodities (ASX: 4CE) has contracted Equity Drilling to carry out about 20,000m of drilling across its flagship Kitotolo lithium project and its recently acquired 50%-owned Kanuka lithium asset in the Democratic Republic of Congo. Equity is the same contractor that is completing diamond drilling across AVZ Minerals’ (ASX: AVZ) nearby Manono lithium project. Under […]
Force Commodities snaps up new lithium project 5km from AVZ Minerals’ Manono
Force Commodities (ASX: 4CE) has clinched a new lithium project close to AVZ Minerals’ Manono-Kitotolo lithium licences via a joint venture with VinMetals Group subsidiary Mining Mineral Resources. After emerging from a trading halt this morning, Force reported it had executed a binding heads of agreement with Mining Mineral Resources to establish the Kanuka lithium […]
Force Commodities kicks-off maiden lithium exploration at Kitotolo
Force Commodities (ASX: 4CE) has kicked-off a maiden exploration program at its recently acquired Kitotolo lithium project in the Democratic Republic of Congo. The first exploration phase involves 11 test pitting lines, with each line 1km in length. Local contractors and a large excavator have been mobilised to site to carry out the test pitting. […]
Assays confirm ‘significant’ lithium at Kitotolo for Force Commodities
Force Commodities (ASX: 4CE) today announced that assay results from its Kitotolo lithium project in the Democratic Republic of Congo had returned “significant” lithium, tin and tantalum. The company undertook a recent rock chip and channel sampling program at Kitotolo from surface to 6m depths over a 3km by 3.5km area. Assays returned lithium grades […]
Force Commodities to proceed with DRC lithium acquisition
Force Commodities (ASX: 4CE) is full steam ahead with acquiring its Kitotolo and Kiambi lithium projects in Africa’s Democratic Republic of Congo (DRC) after due diligence confirmed “significant occurrences” of spodumene and other lithium minerals. The due diligence included a four-week onsite review and Small Caps reported last week the report was to be submitted […]
Lithium DRC acquisition nears completion for Force Commodities
Force Commodities (ASX: 4CE) has announced its almost finalised due diligence for its proposed 70% stake in the Kitotolo and Kiambi lithium projects. Based in the Democratic Republic of Congo’s (DRC) Tanganyika Province, the projects are believed prospective for lithium, tin and tantalum. In early August, Force Commodities inked a binding heads of agreement (HoA) […]
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