Scotgold Resources Ltd has lowered production Q3 2022 guidance following delays at its Cononish gold and silver mine near Tyndrum in Scotland. PRODUCTION In its quarterly report, the Australian company said it had lowered its guidance to 2,000 ounces from the previous target of 2,900 to 3,500 oz gold. This is due to the delayed […]
Day: 15 November 2024
i3 Energy spuds Serenity appraisal well
i3 Energy plc has spud the Serenity appraisal well on licence P.2358, block 13/23c in the Outer Moray Firth. SCHEDULE The operator owns a 75% working interest in the field and Europa Oil & Gas (Holdings) plc owns 25%. i3 expects that drilling programme will last some 30 days after which it will plug and […]
Red Rock raises £160,000 via discounted placing with single investor
Red Rock Resources plc received £160,000 through a placing of 40,000,000 new ordinary shares of £0.0001 each in the company with a high net worth investor at 0.4 pence per share. JOINT BROKER Monecor (London) Ltd, trading as OvalX, raised for the money which Red Rock will use for general working capital. In conjunction with the […]