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 […]
Month: November 2024
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 […]
Oriole reports further ‘excellent’ results at Faré
Oriole Resources plc said it had received further excellent drill results from the Faré prospect in its Senala joint venture (JV) project, Senegal. RESULTS The news follows results earlier this week of up to 70m grading 1.46 g/t gold and 10m grading 1.69 g/t Au, respectively, at Faré and Madina Bafé. PHASE 1 Today’s published partial results are […]
Scirocco welcomes two-year extension to Ruvuma licence
Scirocco Energy plc said that a two-year extension had been granted to the 3,447 km2 Ruvuma joint venture licence in southeast Tanzania. RUVUMA The company holds a 25% working interest in the licence which is operated by ARA Petroleum Tanzania Ltd (APT). Approximately 90% of the licence lies onshore with the remainder offshore. EXTENSION The […]
Cora posts high-grade gold intercepts at Sanankoro
Cora Gold Ltd has reported multiple high-grade gold intercepts at Sanankoro gold project in southern Mali. RESULTS Cora said that results from the programme had been consistently extremely encouraging, with good widths and high-grade results in generally shallow oxide ore. A total of 328 holes have been drilled totalling over 36,648m from start of the […]
Tertiary optimistic over Brunton Pass copper results
Tertiary Minerals plc announced further results of copper and gold in rock samples taken at its 100% Brunton Pass copper project in Nevada, USA. FINDINGS Tertiary has staked 24 mining claims with copper mineralisation across a 1km x 0.6km target area. Rock samples taken from the northern half of the claim block contain up to […]