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 […]
Month: November 2024
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 […]
Kavango raises £6,250 through warrant exercise
Kavango Resources plc has raised £6,250 after receiving notices to exercise warrants over 625,000 new ordinary shares of £0.001 each in the company (warrant shares).
Hummingbird reports first drill results from Dugbe
Hummingbird Resources plc has received the first drill results from its Tuzon deposit at the Dugbe gold project in Liberia. The joint venture comprises Pasofino Gold Ltd which has an earn-in agreement for a 49% stake in the project, with Hummingbird owning 51%. Three of the four holes are ‘step-out’ holes to test the lateral […]
Chesterfield more than doubles Adeline
Chesterfield Resources plc said it had exercised the right to acquire a further 672 claims to more than double the size of its Adeline copper project in Labrador, Canada. The initial purchase of 129 km2 from mining royalty company Altius Minerals has now been extended to a district-scale 297km2 (29,725 ha), with a total of 1,189 […]