Oriole Resources plc’s initial sampling results support its hypothesis of huge potential for gold exploration on the 3,592km2 Central Licence Package (CLP) in Central Cameroon. PRIORITY Following a desktop remote sensing study that identified 12 initial priority gold targets, Oriole conducted a mapping and stream sediment sampling programme. The programme was completed over the five easternmost licences, […]
Day: 15 November 2024
Helium One starts drilling Tai-2 exploration well
Helium One Global Ltd has started drilling its second exploration well, Tai-2, at its 100% owned Rukwa project in Tanzania. TARGETS The exploration well targets prospective Lake Bed stratigraphy, which was identified but not fully evaluated as part of the drilling of Tai-1. Tai-2 is located 20m from Tai-1 and utilises the same drill pad, […]
Tati anomalies could be game changing for Power Metal
Power Metal Resources plc confirmed large scale anomalies from first soil sample results at its wholly owned gold-nickel Tati project near Francistown in Botswana. SAMPLING The company collected a total of 1,107 soil samples and 49 rock samples across five grid areas. The results are from 727 soil samples from grids 2 to 5, analysed […]
Altona appoints Luis Veloso as project manager
Altona Rare Earths plc has appointed Luis Veloso as project manager for the Monte Muambe project in Mozambique. Mr Veloso, aged 38, is a qualified exploration geologist and environmental technician, and a board member of the Mozambican Geology and Mine Association. He has worked in Mozambique for the past 12 years, including spending 18 months […]
Condor Gold starter pits are ‘shovel ready’ at La India
Condor Gold plc said the starter pits are shovel ready following final assay results for the 3,370m drill programme at La India, Nicaragua. MINERALISATION The two starter pits are planned to exploit two high grade segments of the La India open pit to 35m below surface. The Southern starter pit is along a 250m strike […]
Power Metal raises £123,000 through warrant exercise
Power Metal Resources plc raised £123,000 following notices to exercise warrants over 16,500,000 new ordinary shares of 0.1 pence each. The warrant shares are being issued pursuant to the exercise of 15,000,000 warrants at an exercise price of 0.75 pence per ordinary share of 0.1 pence each in the company (ordinary share) and 1,500,000 warrants at an exercise price of 0.70p per […]