Red Rock Resources plc and Power Metal Resources plc announced a new business structure ahead of a drill programme in their Victoria gold fields joint venture, Australia. ADDITIONAL LICENCE Red Rock has exchanged shares in its JV Red Rock Australasia Pty Ltd for 50.1% of the newly formed New Ballarat Gold Corporation (NBGC) plc. Power […]
Day: 15 November 2024
Tertiary notes further high grade Pyramid sample results
Tertiary Minerals plc announced that results from recent surface sampling and mapping continued to return high grades at its Pyramid silver-gold project in Nevada, USA. RESULTS The company collected most of the new samples over a wide area along the recently established zone of silver mineralisation at North Ruth which has a strike length of […]
Hummingbird partner raises up to $5.5m for Dugbe
Hummingbird Resources plc’s earn-in partner Pasofino Gold Ltd has raised up to US$5.5 million, including $4.5m from Turkish miner ESAN, for the Dugbe gold project in Liberia. DFS Pasofino’s non-brokered private placement of its common shares will allow the company to complete the definitive feasibility study due during Q2 2022. Today’s news follows a revised […]
United extends deadline for £3.2m Maria sale
United Oil & Gas plc announced an extension to the deadline for the £3.2 million sale to Quattro Energy Ltd of its licences P2480 and P2519 in the UK Central North Sea. NEW DATE The long stop date to satisfy the sale and purchase (SPA) conditions was 6 December 2021. United said today that the […]
Cornish Metals results indicate greater potential at United Downs
Cornish Metals Inc said that recent high grade copper assay results at United Downs could indicate a copper-tin-silver mineral resource to complement the tin mineral resource at South Crofty in Cornwall. UNITED DOWNS RESULTS The Canadian company today reported results from three diamond drill holes at United Downs. Drill hole UD21-011A intersected five parallel zones […]
Serica Energy appoints David Latin as board NED
Serica Energy plc has appointed David Latin as a non-executive director on the company’s board. He will join the HSE/ESG Committee and Reserves Committee. In 2011, Mr Latin joined OMV as group senior vice president for exploration and production in North West Europe, Africa and Australasia. He led offshore and onshore operations, set strategy, led […]