Hummingbird Resources plc said that the final results from its 48,000m drill programme showed a potential extension to the life of Yanfolila gold mine in Mali. CONFIDENCE The company analysed a further 12,000m of assays from the Sanioumale East (SE) deposit and 3,179m of assays from the initial drilling at greenfield deposit BBC. Results from 17,700m drilling completed […]
Day: 15 November 2024
Helium One study returns good results from Tai wells
Helium One Global said study results showed good to excellent quality reservoir with very low clay content from Tai at the company’s Rukwa (100%) helium project in Tanzania. STUDY The quantitative evaluation of minerals by scanning electron microscopy (QEMSCAN) study was on drill cuttings collected from the Tai-1/-1A wells. QEMSCAN analysis by rock type provided […]
Oriole progresses exploration at Wapouzé
Oriole Resources plc said it continued exploration ahead of identifying drill targets at its 90%-owned Wapouzé gold project in Cameroon. PROGRAMME RESULTS During Q4 2021, the company completed a soil sampling programme over the southwest extent of the Wapouzé licence. Oriole also completed five trenches for 2,524m over previously-identified soil anomalies at the Bataol Zone […]
Oriole drilling delivers bonanza gold grades at Bibemi
Oriole Resources plc announced bonanza gold grades from the completed Phase III diamond drilling programme at its 90%-owned Bibemi gold project in Cameroon. RESULTS The programme focused on infill and extensional drilling for 1,385.4m in nine holes at the Bakassi Zone 1 prospect which is one of four at the project. The company said that results […]
Chesterfield to drill further at Westland trend
Chesterfield Resources plc said it had started planning additional drilling on the Westline gold system and further exploration on the Limni South gold oxide project in Cyprus. CAMPAIGN The company’s field geologists are also planning a methodical mapping and sampling campaign. This will test the prospectivity of “several promising licence blocks” on the company’s 95km2 holding.
Chesterfield raises £700,000 in placing and subscription
Chesterfield Resources plc has raised £700,000 by way of a placing and subscription of 10,000,000 new ordinary shares of 0.1 pence each at 7 pence per share. Each two placing shares will have one warrant attached, exercisable at 12p per ordinary share for the period of 24 months from the date of admission of the placing […]