Galantas Gold Corporation reported a parallel high grade intercept from the second underground hole in its 4,000m drilling programme at Cavanacaw mine in Omagh, Northern Ireland. KEARNEY VEIN The second hole was drilled from the lowest level in the underground development at the Kearney vein. Two two intersections returned 26.7 g/t gold, 88.2 g/t silver […]
Month: November 2024
Block Energy starts gas sales from KRT-39
Block Energy plc announced the start of gas sales from well KRT-39 in Block XIB in West Rustavi, Georgia. WELL KRT-39 The associated gas produced (currently 140,000 scf per day) from KRT-39 was being flared prior to the company’s acquisition of Block XIB. Gas sales began following the installation of two gas separators and the […]
United granted further two years for Walton Morant
United Oil & Gas plc said it had been granted a two-year extension for its 100% Walton Morant licence, Jamaica. POTENTIAL Following completion of the approval process, the licence will run to 31 January 2024. United believes that there is a hydrocarbon system in Jamaica including source, reservoir, and seal rocks. An independent evaluation by […]
JOG grants total 700,000 share options to CFO-CCO
Jersey Oil & Gas plc (JOG) has granted options over a total 700,000 ordinary shares of 1p each to its recently appointed chief financial officer and chief commercial officer. The options each have an exercise price of 147 pence representing the middle market closing price of an ordinary share on 19 November 2021. CFO Graham […]
Power Metal notes start of test pitting at Alamo gold project
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 […]
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 […]