Angus Energy plc said that a completed seismic reinterpretation showed a significant extension out of licence PL241 area of the Lidsey oil field, West Sussex. EXTENSION The site operator and majority owner (80%) said in a statement that the seismic was the final part of the most comprehensive review of the Lidsey structure ever conducted. […]
Month: November 2024
Galantas narrows quarterly losses at Cavanacaw gold mine
Galantas Gold Corporation reported a net loss of US$1,173,276 for the third quarter of 2021, lower than Q2, for its gold mine at Cavanacaw in Omagh, Northern Ireland. FINANCES In its unaudited third quarter results ended 30 September 2021, the Canadian company said that the loss, compared with Q3 2020: $776,956, was mainly due to […]
Condor completes La India geotechnical drilling
Condor Gold plc has completed 21 geotechnical drill holes for 2,551.50m for the feasibility study (FS) at its 100% owned La India gold project in Nicaragua. INFORMATION The company said that the programme needed a total of 2,551.50m of oriented core drilling supported by optical and acoustic televiewer scanning, as well as geotechnical lab testing […]
Altona completes 2021 drill at Monte Muambe
Altona Rare Earths plc announced it had completed on time and within budget its 2021 drill programme at its Monte Muambe project in Mozambique. PHASE I The company drilled five diamond drill holes for 590 metres and 38 reverse circulation holes for 2,441m. Altona tested the lateral extension of known REE mineralisation in the crater […]
Erris changes name to Green Glen Minerals
Erris Gold Resources Ltd has changed its name to Green Glen Minerals Ltd. LISTING The company registered the new name with Companies House on 26 November and aims to reregister as a public limited company in mid-December 2021. PROJECTS Green Glen is exploring for gold in Scotland and zinc-lead-silver-gold in Norway. It has also been […]
Kavango signs MoU for 90% of copper-silver LVR project
Kavango Resources plc announced it had signed a memorandum of understanding (MoU) to accelerate its 90% ownership of the copper-silver LVR joint venture (JV) in the Kalahari copper belt (KCB), Botswana. LICENCES The LVR GeoExplorers (Pty) Ltd JV comprises prospecting licences PL082/2018 and PL 083/2018 which cover 1,091km2 of prospective ground. Kavango currently owns 25% and as […]