Power Metal Resources plc expects to drill test an identified high priority target in January 2024 at Molopo Farms Complex in southwestern Botswana. TWO AREAS The company has signed a drilling contract with Discovery Drilling Contractors Africa, which completed the 2021 drilling campaign on Molopo. Operations will focus on the “very strong, steeply dipping multi-kilometre” conductor, co-incident […]
Equipment & Logistics
South Crofty mine water levels fall faster than expected
Cornish Metals Inc said that water levels are falling quicker than expected during the dewatering of South Crofty tin mine. UNDERGROUND WORKINGS Operations began in early November with up to 25,000m3 per day of water pumped directly from the mine to the water treatment plant before discharge into the Red River. The Canadian company said […]
FCM begins inaugural 500m drilling at Zigzag
First Class Metals plc (FCM) yesterday began an inaugural 500m drilling programme on the lithium, tantalum, rubidium and gallium Zigzag property in northwest Ontario. CENTRAL Following FCM’s early exploration agreement with Whitesand First Nation (WFN), Rodren Drilling, a WFN approved service provider, is the operator. Seven drillholes are initially planned over 50m with the provision […]
EnQuest appoints Salman Malik as CEO of Veri
EnQuest plc has appointed chief financial officer and managing director, infrastructure and new energy Salman Malik as chief executive officer of its wholly owned subsidiary Veri Energy. Veri will manage EnQuest’s existing infrastructure and new energy business as part of EnQuest’s ambitions to build an infrastructure and new energy business in a “capital-light manner”. At […]
Baron Oil extends Chuditch-2 drilling schedule
Baron Oil plc’s subsidiary has secured a six-month extension to the production sharing contract ahead of committing to drilling the Chuditch-2 appraisal well, offshore Timor-Leste. PREPARATIONS The PSC for the company’s wholly owned subsidiary and operator SundaGas Banda Unipessoal Lda now ends on 18 June 2024. A formal decision on whether to enter the drilling phase for […]
Arkle to drill gold-bearing outcrop at Inishowen
Arkle Resources plc is this week due to start a four-hole drilling programme on the 46km2 gold licence in Inishowen, County Donegal. CONTINUITY The company will follow up work completed at the Meeneragh target and aim to test the main gold-bearing outcrop. Drilling, from two drill pads at -45 and -70 degrees, will focus on […]