Kavango Resources plc said it had received £31,250 following notices to exercise warrants over 1,250,000 new ordinary shares of £0.001 each in the company (warrant shares). The warrant shares are being issued pursuant to the exercise of warrants granted and announced on 15 April 2020.
Day: 15 November 2024
Altona aims to extend over four African countries
Altona Rare Earths plc announced it intends to develop its portfolio with multiple African projects across the four countries of Mozambique, Angola, Tanzania and Uganda. The company expects to secure new rare earths projects in the second half of 2021, should they follow a strict selection process. In its current portfolio, Altona is negotiating three acquisition contracts through which it […]
Condor to expand La India resource with infill drill
Condor Gold plc said it had started a 1,700m infill geotechnical drill programme at its La India open pit, Nicaragua. The five to six-week programme using two rigs aims to achieve a feasibility level of design by SRK Consulting (UK) Ltd as well as complement other feasibility study level programmes underway. Condor Gold added that […]
Kavango to drill EM anomaly at metal sulphide project in KSZ
Kavango Resources plc said it planned to drill a new electro-magnetic anomaly in the Hukuntsi (northern) section of its Kalahari Suture Zone (KSZ) metal sulphide project in Botswana. Designated target C1, the conductive anomaly is located 11km from target A2 identified in April 2020. Both lie in ‘Norilsk-style’ gabbro keels. DRILL PROGRAMME The company expects to drill […]
Alba completes sale of Brockham oil interest
Alba Mineral Resources plc has completed the sale of its 5% interest in Brockham onshore oil field in Surrey to operator Angus Energy plc. The metals and minerals explorer said that the move was part of its drive to rationalise its non-core assets. In settlement of certain back costs and a contribution towards eventual abandonment […]
Alba starts 1,700 drill to prepare mineral resource for Amitsoq graphite
Alba Mineral Resources plc said it had started drilling in preparation for an initial mineral resource at the Amitsoq Island graphite deposit, southern Greenland. The miner aims to drill 15 holes for 1,700 metres in some six weeks. Alba has previously reported Amitsoq graphite to be among the highest-grade graphite projects in the world, averaging 28.7% […]