Scotgold Resources Ltd reached higher grade ore zones quicker than expected but a bearing failure last month thwarted an increase to full production at Cononish gold mine near Tyndrum, Scotland. Gold doré sent to the refiners in May was refined through normal treatment processes, validating Scotgold’s process plant production. “Mining in the latter part of […]
Month: November 2024
Kavango extends drilling for Cu-Ni-PGMs at Hukuntsi
Kavango Resources plc will extend its drill programme after identifying an electro-magnetic (EM) anomaly in target area B in the Hukuntsi (northern) section of the Kalahari Suture Zone (KSZ) project, Botswana. The company holds 14 prospecting licences for copper-nickel-PGM rich sulphide ore bodies covering 7,573.1km2 of ground. These also include 12 licences over a significant portion […]
Kavango Resources raises £1.94 million through placing
Kavango Resources plc has raised £1.94 million through the placing of 35,272,727 new ordinary shares at a price of 5.5p. A one-for-one warrant has been issued to all placing participants, at 8.5p per share for a period of two years.
Kanye identifies REE drill targets at Ditau
Kanye Resources plc has identified several drill targets following completion of geophysical and geochemical surveys at the rare earth elements (REEs) project at Ditau, Botswana. The 50-50 joint venture company between the operator Kavango Resources plc and Power Metal Resources plc, completed the surveys on 12 target areas. HIGH PRIORITY Kavango said that seven drill […]
Altus notes high grade Cu-Ag at new projects in Morocco
Altus Strategies plc announced findings of high-grade copper and silver from reconnaissance exploration at its new copper-silver assets in the western Anti-Atlas of Morocco. The Azrar, Izougza and Tata projects, covering 252 km2, are held by the company’s 100% owned subsidiary Aterian Resources Ltd. Exploration has also started on the recently granted Jafra, Tiddas and […]