Angus Energy plc said that logistical issues had delayed rig procurement causing the sidetrack to be deferred at Saltfleetby gas field in East Lindsey, Lincolnshire. SIDETRACK The company added that the deferment avoided the risk of a drill programme running over into its commissioning timetable. “Whilst simultaneous drilling and commissioning operations are not considered to […]
Month: November 2024
Alba confirms global grade graphite from results at Amitsoq
Alba Mineral Resources plc’s investee announced that drill assay and channel sampling results confirm one of the highest global grades of graphite at Amitsoq, southern Greenland. JORC POTENTIAL GreenRoc Mining plc, in which Alba holds a 54% interest, added that the deposit had greater thickness and consistency than previously thought. The company confirmed high-grade graphite […]
Power Metal raises £61,250 via warrant exercise
Power Metal Resources plc has today raised a further £61,250 after receiving notice to exercise warrants over 8,750,000 new ordinary shares of 0.1 pence each in the company. The warrant shares are being issued pursuant to the exercise of 8,750,000 warrants at an exercise price of 0.7 pence per ordinary share of 0.1 pence each.
Cornish Lithium releases MRE for Trelavour hard rock
Cornish Lithium Ltd announced an initial JORC-compliant estimate for inferred resource at its Trelavour hard rock project in Cornwall. REPORT Mining Plus UK Ltd conducted the mineral resource estimate (MRE) for the project which lies in a non-operational china clay pit in St Austell. The total MRE is 1.7 million tonnes inferred resource at […]
Scirocco notes Phase I of 3D seismic at Ruvuma
Scirocco Energy plc announced that the first phase of the 3D seismic project has started on the onshore Ruvuma gas production sharing agreement (PSA) in Tanzania. FIRST PHASE The appointed sub-contractor began preparatory works as planned on 15 November ahead of the start of mobilisation next week. Scirocco expects the survey to begin on 15 […]
Power Metal reports high grade overlimit assay results at Silver Peak
Power Metal Resources plc reported high grade overlimit assay results from its 2021 diamond drilling exploration campaign at the Silver Peak project in British Columbia. SIGNIFICANT Phase 1 of the programme comprised 19 short cored drill holes with overlimit assays on all copper, antimony and lead results which returned >10,000 ppm (1%) from the original laboratory […]