Galantas Gold Corporation announced the early exercise of 83,333 warrants at an exercise price of CA$0.40 by its chief executive officer Mario Stifano. Following the exercise on 9 May, a total of 17,225,265, $0.40 warrants from the 14 May 2021 financing remain outstanding and are due to expire on May 14, 2023. Following admission, Mr Stifano’s interest will […]
Day: 15 November 2024
Anglesey encouraged by first Parys infill drill results
Anglesey Mining plc said the first assay results were encouraging from the initial four holes of infill drilling at its polymetallic project at Parys Mountain on Anglesey, northwest Wales. INFILL DRILLING The company, exploring for copper, zinc, lead, silver and gold volcanic massive sulphide deposits at the site, conducted infill drilling of the White Rock […]
Condor raises £3.25m via placing-subscription
Condor Gold plc said it had raised £3.25 million before expenses through a private placing of 11,607,149 units each at a price of 28p, including a directors’ subscription of 1,833,573 units. PLACING Each unit is comprised of one ordinary share in the company with a nominal or par value of 20p each and one-half of one […]
Dugbe DFS reveals 2.76Moz gold reserves
Hummingbird Resources plc said a definitive feasibility study showed a 2.76 million oz reserve base and 14-year life of mine with further potential for its 2,559 km2 Dugbe gold project in southern Liberia. MINE LIFE Currently comprising two deposits of Dugbe F and Tuzon, discovered by Hummingbird in 2009 and 2011 respectively, the project holds […]
Power Metal plans mapping and sampling at Selta
Power Metal Resources plc’s subsidiary plans mapping and surface sampling of prospective lithium targets at its Selta uranium-rare earth project in the Northern Territory, Australia. BUSINESS STRUCTURE First Development Resources Ltd (FDR), 82.78% owned by Power Metal, conducted a specific review on lithium following a recent in-depth data review covering the licence area. Selta is held within URE […]