Red Rock Resources plc said a rise in air freight rates had led it to transport testing and production equipment by sea to its Bilbale and Boulon gold projects in Burkina Faso. LOGISTICS Containers have been loaded ahead of ships setting sail, although maritime rates have also increased. Initial earth moving and trucking equipment, generators […]
Day: 17 September 2024
Tertiary to begin soil sampling at Mupala
Tertiary Minerals plc will this week begin exploration at the Mupala copper project located on the west side of the Kabompo Dome in the Northwest Province of Zambia. MOMENTUM Exploration licence 32139-HQ-LEL, covering 41.2 km2, is 100% owned by the company’s 96% owned subsidiary, Tertiary Minerals (Zambia) Ltd. Geological and exploration contractor, Geo-Junction Consulting Ltd, […]
New Ballarat extends sale & purchase date
Power Metal Resources plc has agreed to extend the sale date of its 49.9% interest in its Australian gold joint venture to partner Red Rock Resources plc because of a national public holiday. EXPLORATION Red Rock owns 50.1% of New Ballarat Gold Corporation plc, which wholly owns Red Rock Australasia Pty Ltd (RRAL), the local operator with […]
Golden Metal raises £500,000 via subscription
Golden Metal Resources plc has raised £506,250 via a direct and premium priced subscription by Purebond Ltd. The subscription in the company is Purebond‘s second this year and takes the total invested so far to approximately £1.26 million and total ownership to 6.65%. Golden Metal issued 2,250,000 new ordinary shares of 1.0p each representing 2.06% of […]