Metals & Minerals News

Condor has ‘preferred bidder’ for La India

Condor Gold plc said that there was still substantial interest, with one preferred bidder, for La India open pit in Nicaragua. CONFIDENT Currently 11 companies are under non-disclosure agreements, five non-binding offers have been received and three site visits completed. Condor added it had received an “additional formal expression of interest” in the past three […]

Metals & Minerals News

Kavango identifies over 90 Karakubis trap sites

Kavango Resources plc has identified more than 90 interpreted trap-site features, with 10 priority targets for phase I drilling, at the 6,200km2 Karakubis copper project in Botswana. GOAL Previous analysis of core indicated the potential for the trap sites, which the company believes are associated with “doubly plunging anticlinal fold and fault structures”. Each potential trap […]

Metals & Minerals News

Fulcrum completes uranium option deal

Fulcrum Metals plc has completed the definitive option agreement to sell the company’s uranium projects in Saskatchewan, Canada. Purchaser Terra Balcanica Resources Corp acquired the option for 100% of the projects by completing four years’ exploration programmes and for staged cash and equity payments. The assets comprise Charlot-Neely, Fontaine Lake, Snowbird and South Pendleton. Proceeds […]