Metals & Minerals News

Arkle to drill at Stonepark

Arkle Resources plc announced it was due to start a fully funded, six-hole drilling programme for 2,300m at its Stonepark zinc project in Limerick, Ireland. PROGRAMME The company’s 23.44% of the programme is €75,000, with operator Group Eleven Resources Corp. holding the remaining 76.56%. The programme will include drilling two holes (250m and 400m) to […]

Finance Metals & Minerals News

Tertiary Minerals raises £500,000 through placing

Tertiary Minerals plc raised £500,000 before expenses through placing 294,117,647 new ordinary shares of 0.01 pence each at a price of 0.17 pence. PDMRs Directors of the company participated in an aggregate of £40,000 for 23,529,411 placing shares in support of the fundraising Proceeds will be used to fund drilling and exploration activities at the […]

Metals & Minerals News

Alba Mineral Resources announces PDMR dealings

Alba Mineral Resources plc announced PDMR* dealings in the company relating to its executive chairman. George Frangeskides has purchased 10,221,909 ordinary shares at an average price of 0.1475p into an ISA. Following these purchases, Mr Frangeskides now owns a total holding of 48,115,199 ordinary shares, representing 0.75% of the issued shared capital of the company. […]

News Oil & Gas

Egdon notes significant potential of Wressle-1

Egdon Resources plc announced “significant potential” from analysis of the downhole hole pressure data of the Wressle-1 well, East Yorkshire. POTENTIAL Independent energy consultancy ERCE conducted the interpretation on behalf of project partners Egdon (operator – 30%), Europa Oil & Gas (Holdings) plc (30%) and Union Jack Oil (40%). Egdon said in a statement that […]