Conroy Gold and Natural Resources plc said it had discovered a new extensive gold-in-soil anomaly in the district-scale gold trend in the Longford-Down Massif in Ireland. The finding comes as the company’s drill programme continues on its licence area and the proposed joint venture with Demir Export A.S. progresses to “final documentation”. SAMPLING The new […]
Day: 15 November 2024
Kavango raises £12,500 through warrant exercise
Kavango Resources plc raised £12,500 after receiving 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.
Oriole awaits drill results as rains halt Senala operations
Oriole Resources plc said it expected drill results from Phase 2 drilling at Madina Bafé in the Senala joint venture gold project in Senegal. The company’s partner IAMGOLD Corporation has the option to spend up to $8 million to earn a 70% interest in the project. IAMGOLD, which started its Year 4 of that earn-in during […]
Caerus sells Black Pine nickel-cobalt project for £500,000
Caerus Mineral Resources plc has sold its non-core Black Pine nickel-cobalt project and associated licences for £500,000 to Aeramentum Resources Pty Ltd. PROJECT Caerus said that the four Black Pine licences, comprising nickel, cobalt and copper, had no exploration expenditure budgeted in the near future. The company added that although nickel-cobalt were essential battery metals, they were not […]
IOG signs gas sales agreement with Gazprom
IOG plc has signed a gas sales agreement (GSA) with Gazprom Marketing & Trading Ltd (GM&T) for its reserves in the UK Southern North Sea. The deal, which encloses a mutual extension option, followed a competitive off-take process involving more than 10 bidders over recent months. AGREEMENT The GSA relates to IOG’s equity production for […]
Anglesey appoints Jonathan Battershill as CEO
Anglesey Mining plc has appointed Jonathan (Jo) Battershill as new chief executive, replacing Bill Hooley, and a director with effect from 1 August 2021. The group also hopes to appoint in the coming weeks two non-executive directors. Mr Battershill, 50, is a mining geology graduate from Camborne School of Mines and has extensive operational and financial […]