Metals & Minerals News

Guardian returns ‘best’ tungsten intercept at Pilot

Guardian Metal Resources plc reported “outstanding” tungsten mineralisation from a further 12 drill holes at Desert Scheelite within the Pilot Mountain project in Nevada, USA. GLOBAL The results from drill core samples for holes PM24-002 to 013 follow those returned in mid-September from assays of diamond drilling. The company said it believed that the intersection would […]

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IOG extends administration period

IOG plc, operator of the Saturn Banks gas project in the southern North Sea, has entered a 12-month extended period of administration. The company last year faced rising costs along with demands to repay postponed interest under a €100 million senior secured bond. IOG appointed administrators in October 2023. Companies House recorded the extension, with […]