Conroy Gold and Natural Resources plc has reported “encouraging” survey results and plans for a joint venture for its Irish gold licences. CARGALISGORRAN The 2,800m ground geophysical survey focused on the Cargalisgorran part of the Clay Lake gold target in Armagh, Northern Ireland. Reinterpretation of the geology using new geophysical data “highlighted details of the […]
Month: November 2024
Northern Lithium to explore Weardale granite
Northern Lithium Ltd has secured the rights to explore and extract lithium across 185km2 from hot saline brines within the granite in Weardale, County Durham. EXTRACTION The new natural resource company, based in Wolsingham, said it had entered into definitive mineral rights agreements for lithium and other minerals in underground hot saline brines. If successful, […]
Power Metal raises £88,962 through warrant exercise
Power Metal Resources plc said it had received subscription monies of £88,962 following notices to exercise warrants over 8,896,200 new ordinary shares of 0.1 pence each in the company (warrant shares). The warrant shares are being issued pursuant to the exercise of 8,896,200 warrants at an exercise price of 1.0 pence per ordinary share of […]
Oriole identifies first priority CLP gold targets
Oriole Resources plc said that an independent desktop remote sensing study had identified 12 initial priority gold targets at its 3,592km2 Central Licence Package, central Cameroon. OROGENIC The company, which owns 90% of the district-scale site, plans to start regional mapping and stream sediment sampling during the first half of 2021. Oriole said that seven of […]
Altus drilling extends gold strike length at Tabakorole
Altus Strategies plc announced that reverse circulation (RC) drilling had extended the strike length of the FT Prospect by at least 150m, to beyond 3km at the Tabakorole joint venture gold project in southern Mali. The company said that intersections include (down-the-hole and not true width) 2.0 g/t over 23m from 178m; 1.24 g/t over […]
Power Metal acquires McKellar gold-VMS property in Ontario
Power Metal Resources plc has exercised its option to acquire the McKellar property located on the Schreiber-Hemlo greenstone belt in northwest Ontario, Canada. EXCLUSIVE OPTION The underexplored property comprises 58 mining claims (49 single cell mining claims and nine boundary cell mining claims) covering circa 12.3km². McKellar is one of four gold exploration properties on […]