Sunrise Resources plc has identified “extensive sepiolite beds” based on exploration data now received from its former earn-in partner Tolsa at the Pioche sepiolite project in Nevada, USA. TARGETS The Spanish company’s work since June 2022 included geological mapping, trenching, surface sampling, 20 auger drill holes, 10 sonic drill holes and specialist testing results for […]
Month: March 2025
Karelian significant investor increases holding
Karelian Diamonds Resources plc reported that one of its significant shareholders, David John Naylor, has acquired further shares in the company. Following the purchase on 12 February, Mr Naylor now has an interest of 10,509,468 ordinary shares of €0.00025 each. The figure is equivalent to 8.17% of Karelian’s current issued ordinary shares and voting rights […]
Oriole completes phase V drilling at Bibemi
Oriole Resources plc has completed phase V of drilling, several weeks later than planned, at its 90% owned Bibemi orogenic gold project in Northern Cameroon. REVIEW Operator and earn-in partner BCM International drilled a total 6,915.40m in 56 holes at the Bakassi Zone 1 prospect over three sub-prospects of BZ1-MRE, BZ1-NW, and BZ1-SW. Results are due […]
CRL notes further mineralisation at Redmoor
Cornwall Resources Ltd has identified additional tungsten and copper mineralisation from its relogging programme of diamond drill core at its Redmoor project. DERISK The findings follow August 2024 assays of “potentially economic” tungsten-tin-copper mineralisation within the deposit and outside of the mineral resource estimate. The company said that the new mineralisation could contribute to a […]
Hartshead to cut costs for Anning-Somerville
Hartshead Resources NL has submitted a new development programme with lower costs for the Anning and Somerville gas joint venture within P2607 in the UK southern North Sea. FUNDING Each field will retain an unmanned production platform and three production wells. Changes include the export of gas from Somerville through a 24 inch pipeline to […]
Helium One JV mobilises rig to Jackson-31
Helium One Global Ltd’s partner has mobilised the rig to the Jackson-31 well site at the Galactica-Pegasus joint venture project in Las Animas County, Colorado, USA. DEVELOPMENT Operator Blue Star Helium is in the process of rigging up ahead of the start of drilling. The full development programme for Galactica involves 15 wells with the initial […]