Altus Strategies plc reported further encouraging diamond drill results and a new zone of gold mineralisation near the main deposit at Tabakorole, southern Mali. RESULTS The diamond drill programme in process totals 19 holes for 3,400m. Results from first six holes for 1,126m include:– 2.0 g/t Au over 13m from 174m– 3.9 g/t Au over […]
Month: November 2024
Power Metal raises £87,500 through warrant exercise
Power Metal Resources plc raised £87,500 after receiving notices to exercise warrants over 12,500,000 new ordinary shares of 0.1 pence each in the company (warrant shares). The warrant shares are being issued pursuant to the exercise of 12,500,000 warrants at an exercise price of 0.7 pence per ordinary share of 0.1 pence each.
Cora Gold notes ‘world class’ intersect at Sanankoro
Cora Gold Ltd reported a “world class” intersection with 19m @ 31.56 g/t Au from 65m at the Sanankoro gold project in southern Mali. The company added that its sixth set of drill results from the Phase 1 drilling at Zones A and C further reinforced the mineable quality of the Sanankoro gold structures. The […]
Hummingbird confident of expanding SE resource
Hummingbird Resources plc said that results from 14 new drilled holes showed “excellent” potential for the Sanioumale East (SE) deposit at the Yanfolila gold mine, Mali. The company also announced today it was in the process of issuing the final shares to Cassidy Group for the acquisition on the Kouroussa gold project in Guinea. SANIOUMALE EAST […]
Hurricane plugs and abandons Lincoln-14
Hurricane Energy plc has completed operations to plug and abandon the 205/26b-14 (Lincoln-14) well on the P1368 (South) licence in the Greater Warwick Area (GWA). DEADLINE The company is the operator (50%) for the GWA joint venture project with Spirit Energy Resources Ltd (50%). Hurricane completed the work within budget and before the deadline of […]
EnQuest completes acquisition of Bentley discovery
EnQuest plc has completed its acquisition from Whalsay Energy Holdings Ltd of P1078 licence containing the proven Bentley heavy oil discovery in the North Sea. Bentley is one of the largest undeveloped oil fields in the UK Continental Shelf with estimated stock-tank oil initially in place of 900 MMbbls. The discovery lies within 15km of […]