Power Metal Resources plc announced the start of a test pitting programme targeting coarse gold mineralisation at the Alamo project in Arizona, USA. PROGRAMME The permitted programme allows for the excavation of up to six test pits (three at Breccia Hill and three at Big Boulder Wash), and five percussion drill holes. The company said that the geological […]
Day: 15 November 2024
Deltic JV completes 3D seismic on Cupertino Area
Deltic Energy plc announced that its partner Cairn Energy plc had completed the 3D seismic survey over licence P2428 (Cupertino Area) and surrounding areas in the Southern North Sea. DATA Sub-contractor ION Geophysical began the 3D seismic survey on 10 September 2021, covering approximately 680km2, and completed it on 21 November. Data collected will now […]
Kavango identifies high priority Ni-Cu-PGE target at KSZ
Kavango Resources plc said it had identified 30km strike length of distinct magnetic Proterozoic gabbro at the Kalahari Suture Zone (KSZ) project in Botswana. REVISED MODEL The company added that the 30km strike length was now a high priority exploration target for the detection of possible large-scale nickel-copper-platinum group element (Ni-Cu-PGE) mineralisation. Strategic partner Spectral […]
Altus to sell Moroccan copper-silver subsidiary to Eastinco
Altus Strategies plc said it is to sell its 100% owned Moroccan-focused copper-silver exploration subsidiary Aterian Resources Ltd to Eastinco Mining and Exploration plc. METALS Aterian is advancing assets of 15 primarily copper and silver exploration projects. Eastinco has a portfolio of tantalum exploration and development projects in Rwanda. TERMS Altus said yesterday it had […]