Cornish Lithium Ltd said it had started the second drill campaign at its Trelavour hard rock lithium project near St Austell, Cornwall. MINERAL RESOURCE ESTIMATE The eight to 10-week drill campaign will use two drill rigs and comprise 1,500m diamond drilling and 2,500m reverse circulation drilling, with results contributing to the inaugural mineral resource estimate. […]
Author: editorial
United nears completion of initial testing of ASH-3
United Oil & Gas plc expects initial testing to be completed at the ASH-3 well ahead of being brought onstream at the joint venture Abu Sennan concession, onshore Egypt. PRODUCTION The company added that the well encountered 27.5m of net pay interpreted over a 59m gross section in the targeted Alem El Buieb (AEB) reservoir. […]
Conroy Gold raises £43,750 through warrant exercise
Conroy Gold and Natural Resources plc said it had received £43,750 following notices to exercise warrants over a total of 125,000 ordinary shares of €0.001 each (ordinary shares) at an exercise price of 35 pence per ordinary share (warrant shares). The warrants (financing warrants) were issued as part of the fundraising announced by the company […]
Cadence marks start of site works at Sonora lithium
Cadence Minerals plc, with joint venture interests in lithium exploration and development in northwest Mexico, announced that initial site activities have started at the project in Sonora. Canadian miner Bacanora Lithium is building Sonora with the world’s largest lithium metals producer, Ganfeng Lithium Co. Ltd. Cadence has interests in concessions of the project through its […]
WCM urges council to back coal mine
West Cumbria Mining Ltd (WCM) today urged Cumbria County Council to support once more the company’s plans for a metallurgical coal mine off the Cumbrian coast. The company’s comments follow yesterday’s (9 February) announcement by the local authority to return the application to its Development Control and Regulation Committee for redetermination. bit.ly/3tJEzGz The council referred […]
UKOG injunction upheld over Horse Hill oil protest
UK Oil & Gas plc has had its injunction upheld by the High Court against protesters at its Horse Hill oil site near Gatwick Airport in Surrey. The company said that the judge, Mrs Justice Falk DBE found yesterday (9 February) that there was “a sufficiently real and imminent risk to justify the interim injunction […]