United Oil & Gas plc announced the spudding of the ASD-2 development oil well in the Abu Sennan licence as the start of its drill campaign onshore Egypt. ASD-2 WELL United holds a 22% working interest in the licence, which is operated by Kuwait Energy Egypt. The ASD-2 is the first well in a fully funded four-well drilling […]
Day: 15 November 2024
Altus intersects ‘excellent’ gold grades
Altus Strategies plc said it had intersected high gold grades from reverse circulation (RC) drilling at the Diba NW prospect, in the Diba & Lakanfla gold project, western Mali. RESULTS The Diba NW prospect lies on the Diba licence, approximately 5km from the Lakanfla licence which holds the Lakanfla Central and Lakanfla West prospects. Altus […]
Chesterfield notes positive Adeline assays
Chesterfield Resources plc reported positive copper and silver assay results at its Adeline project in Labrador, eastern Canada. DRILLING The company completed a three-month field programme comprising chip and rock samples from multiple targets. Chesterfield also reported encouraging historical surface sampling results and drill intersections from its six-month desktop and data compilation study. At the […]
Conroy transfers Irish gold licences to Demir JV
Conroy Gold and Natural Resources plc has transferred its licences to the joint venture (JV) companies established with Demir Export for its gold project in Ireland and Northern Ireland. LICENCES The company received approval to transfer Clontibret licence PL2194 in the Republic of Ireland to Conroy Gold (Clontibret) Ltd. Additionally, it has transferred the Northern […]
NAE granted further Lochinvar licence
New Age Exploration plc (NAE) has received approval for a further conditional underground licence for a coking coal mine in Lochinvar, Scotland. LICENCES The Coal Authority received the Australian company’s application on 12 May 2020 and issued and approved licence CA11/UND/0192/N for Lochinvar Central on 21 January 2022. NAE’s 100% owned entire project comprises three […]