Joint venture partners Kavango Resources and Power Metal Resources announced “encouraging” zinc concentrations in the Kalahari Copper Belt (KCB), Botswana. Zinc is a recognised pathfinder element for the less mobile copper ions in the soil. The JV expects to conduct airborne electromagnetic geophysics (AEM) surveys over prospective sections of the South Ghanzi project in Q1 […]
Month: November 2024
Kavango Resources chairman Douglas Wright to leave
Kavango Resources plc’s chairman and non-executive director Douglas Wright will resign at the end of 2020 to concentrate on his other business interests. Mr Wright joined the company as non-executive chairman prior to its admission to the Official List in 2018 and helped guide the company through the IPO process. Kavango co-founder and non-executive director Mike […]
Hummingbird to extend drilling at Yanfolila gold mine
Hummingbird Resources plc said it has extended its drilling campaign after it intersected new zones mineralisation and found improved grade continuing at depth at its Yanfolila gold mine in Mali. The company has been conducting its final drilling programme at the Sanioumale East (SE) deposit. Results show that at 8m at 2.68 g/t from 112 m […]
United appoints Tom Hickey as independent NED
United Oil & Gas plc has appointed Tom Hickey as independent non-executive director with effect from 1 January 2021. He will also chair United’s audit committee and will sit on the company’s AIM compliance and remuneration committees. Mr Hickey was chief financial officer for Tullow Oil plc from 2000 to 2008 and took a central […]
Judicial review dismissed over UKOG Horse Hill oil
A judicial review has been dismissed against Surrey County Council’s planning consent for long-term oil production at the UK Oil and Gas (UKOG) site in Horse Hill, Surrey. The High Court’s judgement rejected the challenge’s three grounds, so leaving the company’s planning consent in place. UKOG, which owns 85.635% of the project, was granted permission […]
Power Metal intersects conductive target at Molopo
Power Metal Resources plc intersected a conductive target in the second hole of its nickel sulphide-platinum group metals drill programme at Molopo Farms Complex in Botswana. PRIORITY TARGETS Hole 1-6 was drilled more than 500m with a further 100m expected to meet a “significant” target. The drill programme, for an initial 2,505m in four diamond […]