News Oil & Gas

Helium One holds £10m at start of phase II

Helium One Global Ltd said it had completed its 2021 exploration drilling campaign and started Phase II exploration work at its 100% owned Rukwa project in Tanzania. INFORMATION Drilling has now been completed on Tai-2 without the company identifying helium gas. Helium One said it had gained valuable information on shallow trap and seal potential.  […]

Metals & Minerals News

Caerus agrees Troulli JV and review of Cyprus projects

Caerus Mineral Resources plc said that the Troulli copper project in Cyprus had been selected for a joint venture with Bezant Resources plc. TROULLI The two companies will hold site meetings during the first two weeks of September to review the project comprising the Troulli, Kokkinapetra and Anglisides licences. The partners will also agree a programme for diamond drilling […]

Metals & Minerals News

Power Metal mobilises crews ahead of drilling at Tati

Power Metal Resources plc said that exploration crews had mobilised ahead of drilling next month as part of Phase II gold-nickel exploration in the Tati Greenstone belt near Francistown, Botswana. PHASE II The Phase II exploration programme involves planning ground-based magnetometer and radiometric geophysical surveys over 125 line-km split across three priority survey grids (Grids 3, […]

Metals & Minerals News

Power Metal completes Phase 1 diamond drill at Silver Peak

Power Metal Resources plc has completed its 2021 Phase I diamond drill exploration programme and established a new vehicle ahead of a possible public listing for the Silver Peak project in British Columbia, Canada. NEW VEHICLE A total of 19 holes were drilled and all cores are now being logged, catalogued and split by independent geological consultants prior to […]