UK Oil and Gas plc (UKOG) has applied for an environmental permit to explore a proposed new oil well site in Arreton on the Isle of Wight. If permission is granted, the company aims to operate for three years and to drill an exploratory borehole and one side-track borehole. The wider area has the appearance […]
Day: 15 November 2024
Caerus drill exceeds copper-gold expectations at Troulli
Caerus Mineral Resources plc announced that results from a preliminary drill programme had “significantly exceeded expectations” at its recently acquired Troulli licence, Cyprus. The miner added that all holes intersected “significant gold and/or copper mineralisation” at the former small-scale mine. Eight completed holes indicated robust and potentially significant oxide gold and volcanogenic massive sulphide (VMS) […]