Cora Gold Ltd said it had identified two new gold discoveries as it announced the first results from its 2022 drill programme at the Sanankoro gold project in southern Mali. PROGRAMME The drill programme comprised 11 aircore (AC) shallow holes for 897m and 78 reverse circulation (RC) holes for a total of 6,992m. This included […]
Day: 15 November 2024
Kavango Resources raises £750,000 through placing
Kavango Resources plc said it had raised £750,000 through a “heavily oversubscribed” placing at 3p per share over the weekend. The company added that this was at no discount to the offer price of Kavango’s shares at close on Friday 6 May. A total of 25,000,000 new ordinary shares were placed by First Equity Ltd, on […]
Kavango notes potential second target at Great Red Spot in KSZ
Kavango Resources plc said it had found a second target, similar to the Oylmpic Dam polymetallic operation, in the Great Red Spot (GRS) in its Kalahari Suture Zone (KSZ) nickel-copper project in Botswana. GREAT RED SPOT The company added that the GRS conformed to an idealised model for a large iron oxide copper-gold (IOCG) style […]
Orcadian submits concept to cut offshore emissions
Orcadian Energy plc said it had submitted its final report into Central North Sea electrification to the area’s operators and the North Sea Transition Authority. FLOATING WIND TURBINES & HUBS The company’s ‘microgrid concept’ aims to reduce carbon emissions to ensure that the oil and gas are as sustainable as possible. “Orcadian and its consortium […]
GreenRoc Mining CEO Kirk Adams steps down
GreenRoc Mining plc’s chief executive Kirk Adams has resigned from the board, effective from 6 May. The company said that he was leaving for personal reasons. Non-executive director Lars Brünner will be the CEO until the company appoints a new long-term successor.