Metals & Minerals News

Hummingbird notes further high grade results

Hummingbird Resources plc said it continued to receive high grade assays from infill drilling at the Kouroussa gold mine in Guinea. KOEKOE The company reported high grade intercepts including a hole of 9 metres at 36.35 g/t at the Koekoe (KK) deposit.  Hummingbird added that results continued to support the company’s current interpretation and highlighted additional mineralisation zones. […]

Finance News Oil & Gas

VOG to raise $1.15m with major shareholder Hadron

Victoria Oil & Gas plc (VOG) has agreed a US$1.15 million unsecured loan note with one of its major shareholders Hadron Master Fund. TERMS The company said it had entered into a definitive agreement and will receive the proceeds by 4 April 2022. VOG will repay 110% of the aggregate loan note principal amount without […]

News Oil & Gas

Europa ends plan to acquire Ireland licence

Europa Oil & Gas (Holdings) plc today reported the cancellation of its acquisition of the Frontier exploration licence (FEL), offshore Ireland. NOTIFICATION In June 2020, Europa announced the conditional purchase of a 100% interest in FEL 3/19 near the Corrib gas field from Norwegian company DNO North Sea (UK) Ltd. “Europa has received notification from DNO […]

Metals & Minerals News

Kavango further extends option to acquire majority of KKME at Molopo

Kavango Resources plc announced an extension to the exclusive three-month option to acquire 85.23% of Kalahari Key Mineral Exploration Pty Ltd (KKME) at the Molopo project in Bostwana. TARGETS The company last week had a four-day extension and now has until close of business on 18 March 2022. “Technical due diligence of the Molopo Farms […]