Erris Gold Resources Ltd has proposed new independent and non-executive directors for the board. The appointments include chief executive officer and director Aiden Lavelle; chief financial officer and director Alan Mooney; executive director David Hall; non-executive director (NED) Mick Oliver (chairman); NED Paul Foord (financial): NED Dr Richard Jemielita (technical) and financial advisor / consultant […]
Day: 15 November 2024
Erris notes highest grade boulder sample at Loch Tay
Erris Gold Resources Ltd has recorded its new highest grade boulder sample result of 97.4g/t gold at its precious metals project within the Loch Tay licence in Perthshire, Scotland. SAMPLES A full screen metallic analysis of a recent large boulder sample assayed 29.7 g/t compared with 20.1g/t Au from the initial grab sample near the […]
IOG raises £8.5m via placing-subscription
IOG plc raised £8.5 million through a placing and subscription of 33,800,000 new ordinary shares each at a price of 25 pence with existing and new investors. BOARD AND PDMR Certain directors and persons discharging managerial responsibilities (PDMRs) have entered into direct subscription agreements with the company for a total of 200,000 shares raising approximately […]
Rockhopper looks to Navitas as new Falklands partner
Rockhopper Exploration plc said it was in discussions with potential partner Navitas Petroleum LP after Harbour Energy plc decided against proceeding with the Sea Lion project in the North Falkland Basin. HARBOUR In its interim results published today, Harbour said it had undertaken a thorough review of the Sea Lion project in which it has a […]
Deltic grants 34m share options
Deltic Energy plc has granted options over a total of 34 million ordinary shares in the company to its directors, senior management and employees. DIRECTORS The options, granted at an exercise price of 2.05 pence each, are in accordance with the company’s enterprise management incentives plan and subject to certain share price performance criteria. Chief […]
Cornish Metals adds second rig to explore Trenares
Cornish Metals Inc has added a second drill rig for a new target as part of the company’s 8,000-9,000m drill programme at its polymetallic project at United Downs, Cornwall. TRENARES LODE The Canadian company said that the second rig would explore Trenares lode, a new copper – tin – zinc target discovered during the 1970s […]