Oriole Resources plc said it had started the year in a strong position after a successful 2021 for its gold portfolio in Africa and copper-gold interests in Turkey. FINANCES In its final results for the year ended 31 December 2021, the company reported funds of £2.43 million to allow £1.78m of direct exploration expenditure in Cameroon. Oriole recorded […]
Tag: copper
Kavango identifies two strong conductor targets at KSZ, Botswana
Kavango Resources plc said it had identified two strongly conductive geophysical targets near borehole KSZDD002 at the Kalahari Suture Zone (KSZ) copper-nickel-PGM project in Botswana. DEVELOPMENTS The company had originally assumed that there was a single conductive conductive body. Kavango has now completed KSZDD002 to the target depth of 650m and a successful downhole Time […]
Kavango extends deadline for Molopo acquisition
Kavango Resources plc announced an extension to the exclusive three-month option to acquire 85.23% of Kalahari Key Mineral Exploration Pty Ltd (KKME) in Botswana. DATE KKME is a private company, which currently owns 100% of prospecting licences PL310/2016, PL311/2016 and PL202/2018 known as the Molopo Farms project. The exploration project is focused on nickel, copper […]
Caerus appoints Nigel Chapman as COO in Cyprus
Caerus Mineral Resources plc has appointed Nigel Chapman as chief operating officer for the company’s Cypriot operations. The company added that the COO role was not a board-level position.
Caerus receives encouraging assays for copper-gold JV in Troulli
Caerus Mineral Resources plc and its joint venture (JV) partner Bezant Resources plc said they had received encouraging assays from dump sampling and drilling at Troulli, Kokkinapetra and Anglisides in Cyprus. TROULLI The company reported that stockpile sampling returned a consistent average copper grade of 1.2% Cu over more than 639 metres of trenching with sections […]
Chesterfield identifies Troodos West 12km trend
Chesterfield Resources plc said it had identified further significant gold-rich and polymetallic mineralisation in a 12km geological trend at its Troodos West project in Cyprus. WESTLAND TREND The company added that its 2,078m diamond drilling in late 2021 had notably enhanced the prospectivity at three target areas of Orchard, Evlim and Evlim South. Assay results […]