Chesterfield Resources plc has applied for new licences while recent diamond drill holes intersected further mineralisation at the company’s copper project in Cyprus. LICENCES The four additional mineral exploration licences, targeting copper and gold, total a further 9.29 km² containing known mineralisation. The areas include “significant historic exploration, together with under-explored target areas” said the company. […]
Month: November 2024
United starts production at ASX-1X oil well in Abu Sennan
United Oil & Gas plc has started production from the commercial discovery declared at the ASX-1X oil exploration well in the Abu Sennan licence, onshore Egypt. ASX-1X The ASX-1X well is the second exploration well to be drilled in 2021 on the Abu Sennan licence in which United holds a 22% interest. The company received […]
Kavango raises £38,977 via warrant exercise
Kavango Resources plc has raised £38,977.27 following notices to exercise warrants over 1,431,818 new ordinary shares of £0.001 each in the company. The warrant shares are being issued pursuant to the exercise of 1,250,000 warrants granted and announced on 15 April 2020 and 181,818 warrants granted and announced on 1 December 2020.
Power Metal stakes additional claims at Garfield
Power Metal Resources plc has staked eight further claims after identifying new copper anomalies at the Garfield copper property in the Walker Lane mineral belt in Nevada, USA. ADDITIONAL CLAIMS Analysis of recent satellite imagery of Advanced Spaceborne Thermal Emission and Reflection Radiometer (ASTER) and European Space Agency Sentinel-2 datasets identified two strong anomalies prospective for […]
Tertiary results extend silver mineralisation at Pyramid
Tertiary Minerals plc said that analytical results from the Phase 2 trenching has extended the strike and width of silver mineralisation at North Ruth at the Pyramid silver-gold project in Nevada, USA. GRADES The company added that silver and gold mineralisation has now been shown to extend over a strike extent of at least 530m. […]
Red Rock applies for gold exploration licences in Côte d’Ivoire
Red Rock Resources plc has applied for five gold exploration permits through wholly owned subsidiary LacGold Resources SARLU in Côte d’Ivoire, West Africa. LICENCES The licences cover a total area of 1,907.07km2 with each application located on a known regional shear zones where gold mines are operating. Red Rock said that all the applications have […]