Altona Rare Earths plc has issued one million new ordinary shares each at a price of 5 pence to settle fees with business development officer Christian Taylor-Wilkinson. The fees are for services provided in 2021 by Leander PR Ltd of which he is a director. Following the issue of shares, Mr Taylor-Wilkinson owns an interest […]
Month: November 2024
Predator results show further extension of Moulouya Fan
Predator Oil & Gas Holdings plc said that MOU-4 well drilling results showed the Moulouya Fan anomaly extended farther than previously mapped at Guercif, onshore Morocco. INTERVALS Operations showed mixed findings, with two of four prospects awaiting consultant NuTech wireline logs including the M1 Sand shallow interval from 540 to 589 metres TVD MD, not […]
Hartshead pursues third-party funding
Hartshead Resources NL has taken further steps to secure third-party funding for phase I development on P2607 gas licence in the UK southern North Sea. SURVEYS The Australian company has appointed corporate finance energy sector specialist Carlingford-GFI, extended its mandate with LAB Energy Advisors Ltd, and is exploring “multiple parallel options” to secure funds. Options […]
FCM signs up to 80% earn-in for Pickle Lake
First Class Metals plc has signed an earn-in for up to 80% with OnGold Investment Corp for the Pickle Lake property in McGill township, Ontario. EXPLORATION The property, of 163 single cell mining claims over 3,455ha, lies north of FCM’s West Pickle Lake nickel-copper discovery and contiguous to its North Hemlo property and Palladium One’s […]
Cora starts tendering process for Sanankoro mine
Cora Gold Ltd has begun the tendering process for the front-end engineering and design and construction of the Sanankoro gold mine in southern Mali. BOUNDARIES The company is awaiting the end of Mali government’s November 2022 permit moratorium before formally starting the contract mining process. The application for the Sanankoro mining permit, which includes hybrid […]
Scotgold reviews mine design, schedule and production
Scotgold Resources Ltd plans a third-party review for the next 12 months at its Cononish mine following dwindling cash and initial low grade gold finds. DEVELOPMENT RATES The review will initially assess the mine design, schedule and production forecasts. Second stage power and ventilation upgrades will also be included to improve mine accessibility, allowing simultaneous operation […]