Cora Gold Ltd announced some “impressive” results among strong grades and widths in the initial results from Zone B at the Sanankoro gold project in southern Mali. The company said that it might extend the drill campaign from 35,000m – its largest to date – to follow up some of the “excellent results”. A total […]
Tag: extractive industries
Power Metal confirms geological model for magmatic sulphides at Molopo
Power Metal Resources plc said that recent proof-of-concept drilling had confirmed the geological model for magmatic sulphide mineralisation at Molopo Farms Complex (MFC) in Botswana. The company currently has a 40% direct MFC project interest as well as an 18% share in operator Kalahari Key Mineral Exploration Pty Ltd, for a combined effective economic interest of 50.8%. […]
Alba completes 100% acquisition of Greenland projects
Alba Mineral Resources plc has acquired outstanding minority interests to complete its 100% ownership of the Amitsoq graphite and Melville Bay iron ore projects in Greenland. The acquisitions are a precursor to the spin-out of Alba’s Greenland projects into a new AIM-quoted company Listco. The transaction requires 100% ownership of all the Greenland projects to be delivered to Listco. […]
La India starter pits gold grades exceed expectations
Condor Gold plc reported gold grades exceeding expectations from further diamond drilling between and along strike of the planned starter pits at La India project in Nicaragua. The company said it was encouraged by higher than expected grades in three of the 12 drill holes. In particular, two high-grade, wide intercepts lie between the two […]
Hummingbird boosts Yanfolila market gardens
Hummingbird Resources plc has completed key infrastructure for two new locally supported village market gardens at Yanfolila, southern Mali. The miner now supports a total of 10 market gardens. Progress has also been made at the company’s supported village nursery’s with some 10,000 trees ready to plant in the coming months as part of the […]
Hummingbird increases gold pour at Yanfolila
Hummingbird Resources plc announced an increase in gold poured and cleared its debt used to fund Yanfolila mine in southern Mali. In its operational and trading review for the second quarter of 2021, the company also reported the fatality of one of its sub-contractors. Hummingbird additionally made further progress on support for market gardens as […]