Block Energy plc reported a decrease in production and revenue with restricted output from WR-B1a at the company’s project in West Rustavi, Georgia. OPERATIONS AND FINANCES In its operations report for the three months ended 30 September 2021, Block recorded production of 34.6 Mboe (Q2: 42.6 Mboe). Revenue for Q3 was $901,000 (Q2: $1,165,000), comprising […]
Day: 15 November 2024
Kavango renews five prospecting licences in KSZ
Kavango Resources plc said it had renewed five prospecting licences (PLs) in the company’s Kalahari Suture Zone (KSZ) project in Botswana. LICENCES The renewed licences are: – PL363/2018 – PL364/2018 – PL365/2018 – PL163/2012 – PL164/2012 Each licence runs for an additional two years and is due to expire on 30 September 2023. DRILLING Kavango added it had also recently […]
Alba defines near-term development targets at Clogau
Alba Mineral Resources plc said it had identified two clear opportunities for near-term development at the Clogau-St David’s gold mine in North Wales. TARGETS Following 12 months’ drilling, the targets have been defined both along strike and down dip of areas of known historic gold production. The first is the Llechfraith payshoot (LLP), below the […]
Altus starts 11,300m drill campaign at Diba gold project, Mali
Altus Strategies plc has begun a 11,300m to expand the mineral resource estimate (MRE) at its 100% owned Diba gold project in western Mali. TESTS Diba hosts a shallow-dipping, near-surface gold deposit and a number of other prospective targets. The drill campaign comprises 10,000m reverse circulation (RC) and 1,300m diamond drilling (DD) and follows the […]
Sunrise agrees Jackson’s Wash perlite lease-option
Sunrise Resources plc has agreed a lease and purchase option for its 25 Jackson’s Wash perlite mining claims in Nevada, USA. STRATEGY The company’s subsidiary SR Minerals Inc. signed the agreement with Kinross Gold USA Inc. Sunrise retains the right to mine perlite on the claims during the lease/option period subject to no conflict with […]