Power Metal Resources plc has acquired two Nevada copper-gold exploration properties from Sunrise Resources plc. EXPLORATION The acquisition comprises the Garfield copper-gold and Stonewall gold projects located in the Walker Lane mineral belt. Garfield lies 10km east of the town of Hawthorne in Mineral County and Stonewall is 15km south of the historic mining town […]
Day: 15 November 2024
Cora Gold results show resource quality at Sanankoro
Cora Gold Ltd has announced its fifth set of drill results from its largest ever drilling campaign at its Sanankoro gold project in Southern Mali. The company aims to drill up to a total 35,000m by end of July 2021 to increase resource as well as infill drilling to convert existing inferred resources to the […]
Hurricane Energy FDPA approved for Lancaster
Hurricane Energy plc said that the Oil and Gas Authority (OGA) had approved the field development plan addendum (FDPA) for Lancaster oil field on the Rona Ridge, West of Shetland. The approval satisfies a key condition of Hurricane’s proposed financial restructuring. The FDPA, together with associated production, flare, and vent consents, enables production with the […]
Horizonte nears $325m deal for Araguaia
Horizonte Minerals plc said it expected to receive debt financing of US$325 million from international banks for its 100%-owned Araguaia nickel project in Brazil. The company added that due diligence had been completed on Araguaia and the credit approval process was underway. Horizonte is continuing discussions with Brazilian financial institutions and with a number of […]