Cadence Minerals plc reported strong results from 12 completed holes out of a 19-hole drill programme at the Cínovec project in Prague. The company holds approximately 12% percent of the equity in the Australian site operator, European Metals Holdings Ltd (EMH), which has started work on the thirteenth hole. Cínovec lies on the border crossing with […]
Month: November 2024
Cornish Metals receives $670,400 via warrant exercise
Cornish Metals Inc said it had received $670,400 after Barkerville Gold Mines, a wholly owned subsidiary of Osisko Development Corp, exercised 9,577,143 previously issued common share purchase warrants. The warrants were issued following Cornish Metals’ private placement financing completed on 3 February, 2020. As a result of the exercise, Barkerville now owns 53,833,333 common shares […]
RRAL granted three licences in Victoria gold fields
Red Rock Resources Australasia Pty Ltd (RRAL) said it had been awarded its first licences for a period five years in the gold fields of Victoria, Australia. LICENCES The licences include 133 km2 Blue Whale, south and east of Ballarat (EL007271); 74 km2 Blue Chip, west and south of Ballarat (EL007281); and 8 km2 Blue […]
United positive for the future on strength of 2020
United Oil and Gas plc said its strong financial and performance during 2020 has well placed the company to build on its successes and withstand uncertain hydrocarbon prices. In its trading report for 2020, the oil and gas production, development, exploration and appraisal group, announced it had total revenues of $9 to $9.2 million for […]
VOG looks to high potential of La-108 well at Douala
Victoria Oil & Gas plc (VOG) said the full potential of the La-108 well was likely to exceed the capacity of the plant in the industrial port city of Douala, Cameroon. CAMEROON WELLS The company’s wholly owned subsidiary and operator, Gaz du Cameroun S.A. (GDC) currently holds interests in the neighbouring blocks of Logbaba and Matanda. Two producing […]
Wressle JV partners mark first oil flow
First oil flow was today announced by the joint venture partners at Wressle in North Lincolnshire. The oil field lies in licences PEDL180 and PEDL182 and is operated by Egdon Resources plc (30% interest) with other partners being Union Jack Oil plc (40%) and Europa Oil & Gas plc (30%). The news follows the recompletion of […]