Sunrise Resources plc partner and option holder has completed phase II drilling and pitting at the Pioche sepiolite project in southeastern Nevada. CHARACTERISATION Tolsa USA Inc engaged Harris Exploration to use sonic drilling, suitable for drill sampling of soft and unconsolidated materials, focusing on the central and eastern area of the claim block. The campaign […]
Month: September 2024
Karelian retains Lahtojoki mine boundary
Karelian Diamond Resources plc said that the Lahtojoki diamond mine boundary will remain in its original position, as ruled by the Finnish Land Court. DECISION The company added that on 12 August, the court also rejected two landowners’ appeals in relation to compensation from the mine development, save for three items which are subject of […]
Sunda signs exclusivity deal for Chuditch drill
Sunda Energy plc has entered into an exclusivity agreement to fund drilling the Chuditch-2 gas appraisal well under the TL-SO-19-16 production sharing contract, Timor-Leste. RIG The company said that any investment from private Singapore investor Pacific LNG Operations Pte Ltd would be through equity issued from a Sunda subsidiary. The agreement contains “carve-outs” for several […]
Cornish Metals appoints Don Turvey as CEO
Cornish Metals Inc has appointed Don Turvey as chief executive officer and a director of the company, effective 1 September. He will relocate from South Africa to Cornwall subject to approval of a UK work visa. Mr Turvey is a mining executive with more than 40 years’ experience including in production, project execution, business development, […]
Peak Nickel begins 1,000m drill at Rodburn
Peak Nickel Ltd has started a 1,000 metre drill campaign, with a possible extension, at the Rodburn project in Aberdeenshire, Scotland. COMPELLING The programme, on the “highest grade battery metals project in the UK”, follows last year’s 2,600m drill for 18 holes, testing areas around historically identified, non-compliant mineral resources. The Sheffield-based company’s new estimate […]
Star issues 231,366 shares
Star Energy Group plc will issue 231,366 ordinary shares of 0.002p each under the company’s share incentive plan. The company said that the SIP shares would be held by Equiniti Share Plan Trustees Ltd. Following admission, the group’s issued capital will be 129,537,872 ordinary shares, each with one voting right. The number of deferred shares […]