The Tai-3 well has encountered a weathered crystalline Basement with “elevated helium shows up to six times above background levels” at Rukwa in southwest Tanzania. RESERVOIR TARGETS Helium One Global Ltd drilled over the weekend after repairing and reinstalling the component to the iron rough neck, reaching total depth (TD) of 1,448m measured depth. The […]
Day: 11 November 2024
Scotgold considers administration after funding talks fail
Scotgold Resources Ltd could appoint administrators in the next few days after advanced talks failed with a strategic investor for Cononish gold-silver mine. In a statement today the company said: “Unfortunately, these discussions have not resulted in an investment at this time. “Therefore, the directors, having assessed the options open to them, are now considering […]