First Class Metals plc (FCM) reported an increase in strike length to more than 600m following assays at the company’s West Pickle Lake polymetallic project in Ontario, Canada. TRENDING STRUCTURE The company has previously reported high grade intercepts from assays of its 2022 drill programme. FCM today added that the increased strike length remained open […]
Month: November 2024
Hummingbird production to rise with Kouroussa
Hummingbird Resources plc expects first gold pour scheduled for the end of Q2 at its Kouroussa project in Guinea to add material increase to the group’s production for 2023. OUTLOOK In its operational report for Q4 2022 and outlook for 2023, the company added that critical path construction and operational readiness items were nearing completion […]
Egdon signs farm-out option for Weaverthorpe
Egdon Resources plc has signed an option agreement for onshore production licence PL081 containing the Weaverthorpe gas prospect in North Yorkshire. WEAVERTHORPE The company’s agreed the option with York Energy (UK) Holdings Ltd for six months beginning 3 February 2023. Egdon said that the Weaverthorpe was a relatively shallow Bunter Sandstone (Triassic) prospect located immediately up-dip […]
Capricorn issues details of new board members
Capricorn Energy plc issued details of its new board members appointed at this week’s requisitioned general meeting. None of the directors currently holds shares in the company. CHRIS COX Interim chief executive officer Chris Cox has more then 40 years’ experience in the global oil and gas upstream sector. Having held various senior roles with […]
Capricorn’s new board to review company’s future
Capricorn Energy plc’s new board appointed this week is expected to undertake a comprehensive strategic review of the business and potential directions for its future. NEW BOARD In the general meeting on 1 February, which was requisitioned by shareholder Palliser Capital Master Fund, six new members of the board were appointed each with 99.2% support. […]
Conroy Gold finds further resource continuity at Clontibret
Conroy Gold and Natural Resources plc said it had found further evidence of resource continuity at the company’s joint venture Clontibret project in County Monaghan, Ireland. RESOURCE Partner Turkish miner Demir Export S.A. is completing an eight-hole step-out drilling programme which has demonstrated new gold zones and extended mineralisation. The Clontibret gold resource, open in […]