Red Rock Resources plc announced a higher gold grade while ounces decreased in a new mineral resource estimate (MRE) at the Mikei gold project in Migori, Kenya. The company also now its first 14, mainly shallow, new drill hole locations which will be tested while it plans further programmes for infill and step-out drilling and […]
Day: 15 November 2024
CRL to explore for copper-tin extensions
Cornwall Resources Ltd announced it aimed start work in early April on a trenching and auger exploration programme to investigate extensions of tin and copper mineralisation at Redmoor, Cornwall. TARGETS The subsidiary of Australian company Strategic Minerals, hopes to extend its programme up to 1,000 metres to the west of its current resource. It has […]
United marks significant potential of ASH-3, Egypt
United Oil & Gas plc announced that latest test results showed significant growth potential of the ASH-3 development well in the Abu Sennan concession, onshore Egypt. The ASH-3 development well is a step-out development well in the ASH Field and was spudded on 4 January. bityl.co/5ivX United today said that preliminary results indicated a maximum flow […]
Power Metal raises £101,500 through warrant exercise
Power Metal Resources plc said it had received subscription monies of £101,500 following notices to exercise warrants over 13,150,000 new ordinary shares of 0.1 pence each in the company (warrant shares). The warrant shares are being issued pursuant to the exercise of 7,150,000 warrants at an exercise price of 1.0 pence per ordinary share of […]