Tertiary Minerals plc reported positive follow-up results from portable XRF analysis of soil samples at the C1 target at the Mushima North copper project, Zambia. OPEN-ENDED ANOMALY The project, covering 701.3km2, lies 100km east of Manyinga in North-Western Province. C1 target, one of three so far identified, may hold iron-oxide-copper-gold (IOCG) style and traditional copper […]
Tag: equipment & logistics
Cornish Metals begins wet commissioning of water treatment plant
Cornish Metals Inc yesterday began wet commissioning, originally expected in May, of its new mine water treatment plant at South Crofty. PROCESS The plant will use high density sludge (HDS) process technology to treat raw mine water with 25,000m3/day of water pumped directly from South Crofty tin mine. The Canadian company will fill all the […]
Sunrise reports ‘medium-high grade’ sepiolite at Pioche
Two principal horizons of “medium-high grade” have been confirmed at Sunrise Resources plc’s sepiolite project near the town of Pioche in Lincoln County, Nevada. COMMERCIAL QUALITY Owner Sunrise Resources plc said that the summer’s exploration programme saw option holder and Spanish subsidiary Tolsa SA complete 20 drill holes over 2km by 1.1km. The holes, drilled […]
WR-34Z begins production ahead of KRT-45Z drilling at West Rustavi-Krtsanisi
Block Energy plc has started production from its third well, in the first of three projects, and is preparing to drill the fourth on the West Rustavi-Krtsanisi field, Georgia. TEST RESULTS The company said that the WR-34Z development well had been in continuous production for more than 19 days with test results showing an average […]
Baron pursues Chuditch-1 as losses double
Baron Oil plc has doubled losses while remaining focused on appraising the Chuditch gas discovery in Timor-Leste and expanding its operations. DRILL DECISION Six months to 30 June resulted in a net loss of £847,000 (H1 2022: net loss of £419,000). Administrative expenses rose to £778,000 (£497,000) and operating losses increased to £925,000 (420,000). Available cash nearly doubled […]
UKOG finds more powerful perforating gun for Pinarova-1
UK Oil & Gas plc (UKOG) has found a more powerful perforating gun to test the Pinorova-1 shallow oil exploration well, 6km north of the Basur- oil discovery in Turkey. UNDERLYING FORMATION Pinarova-1 is testing whether the active 42˚ API light oil seep, found during 2022 in a seismic shot hole above the Pinarova structure, is connected […]