News Oil & Gas

IGas awards 106,000 share options to CFO

IGas Energy plc has awarded chief financial officer Frances Ward 106,406 nil cost options over ordinary shares each of 0.002 pence per share in part lieu of an annual bonus. ALIGNMENT The award, under the company’s 2015 management retention plan, is to align better the interests of directors, persons discharging managerial responsibilities and other key […]

Metals & Minerals News

Tertiary to use extensive data Konkola West exploration

Tertiary Minerals plc’s local earn-in partner Mwashia Resources has received extensive geophysical data to aid exploration on the 72km2 Konkola West copper exploration project in Zambia. KOBOLD The data was collected in 2021 by KoBold Metals, whose shareholders include Breakthrough Energy Ventures, founded by Bill Gates and backed by Jeff Bezos, Sir Richard Branson and […]

News Oil & Gas

Egdon withdraws appeals against N. Kelsey refusal

Egdon Resources plc has withdrawn its appeals against council refusal for exploratory drilling at North Kelsey because of an invalid lateral borehole but plans to submit a new application. LATERAL BOREHOLE The company added that the lateral borehole was a fundamental aspect of the exploratory well on PEDL241 to ensure all targets were fully explored.   […]

Metals & Minerals News

Golden Metal’s targets add ‘significant potential’ to Pilot

Golden Metal Resources plc has identified three “significant” exploration targets which could increase the resource potential for its flagship Pilot Mountain tungsten project in Nevada, USA. ZONES Results from a high-resolution induced polarisation geophysics survey showed undrilled targets of Desert Scheelite parallel west zone; Porphyry depths zone; and Desert Scheelite east extension zone all within the Walker Lane […]