Power Metal Resources plc has completed soil and rock sampling on its two gold-nickel licences in the Tati Greenstone Belt near Francistown, Botswana. WORKINGS Power Metal exercised an option to acquire a 100% interest in the project at the end of July 2021, through its local wholly owned operating subsidiary Power Metal Resources Botswana (Pty). The […]
Month: November 2024
Cora intersects ‘extremely strong’ mineralisation at Selin
Cora Gold Ltd has intersected “extremely strong” mineralisation in grades and widths at the Selin deposit in the Sanankoro gold project, southern Mali. NEW ZONE The company said that many of the intercepts were outside existing pit shells and that an additional new mineral zone had been intercepted within the existing pit shell. The results […]
VOG seeks to increase La-108 gas production at Douala
Victoria Oil & Gas plc said it was considering adding perforations to well La-108 at Logbaba to double the net pay at its operations in the port city of Doula in Cameroon. In its Q2 2021 review, the onshore gas producer and distributor said that its subsidiary, Gaz du Cameroun (GDC) had shut in the […]
Altus appoints Mark Campbell as NE chairman of Egyptian subsidiary
Altus Strategies plc has appointed Mark Campbell as non-executive chairman and director of the company’s 100% owned subsidiary Akh Gold Holdings Ltd. He has also been named general manager of the Egyptian branch, that is being incorporated, of the latter company’s 100% owned subsidiary Akh Gold Ltd. Mr Campbell is based in Cairo and has […]
Cairn notes oil find offshore Mexico
Cairn Energy plc announced an oil find on the joint venture Sayulita exploration prospect in Block 10 in the mid-deep water of the Cuenca Salina/Sureste Basin, offshore Mexico. The company added that preliminary estimates state that the new find may contain between 150 and 200Mboe in place. Cairn holds a 15% working interest through its […]
Caerus signs deal to develop copper-gold hard rock in Cyprus
Caerus Mineral Resources plc has signed a binding and exclusive option agreement with Bezant Resources plc to develop copper and gold-bearing hard rock resources within Caerus’ portfolio. Bezant will have 18 months to assess the merits and economic prospects of all Caerus’s unexploited hard rock mining assets. It will also be allowed to identify one or […]