Kanye Resources plc has identified several drill targets following completion of geophysical and geochemical surveys at the rare earth elements (REEs) project at Ditau, Botswana. The 50-50 joint venture company between the operator Kavango Resources plc and Power Metal Resources plc, completed the surveys on 12 target areas. HIGH PRIORITY Kavango said that seven drill […]
Tag: extractive industries
Oriole confirms gold at all four Bibemi prospects
Oriole Resources plc confirmed gold at all four prospects and the potential for large-scale mineralisation at 8.3km-long orogenic system at Bibemi in Cameroon. The news followed the company’s final results for its recently completed initial diamond drill programme at the 51%-owned project. Best intersections from the remaining holes BBDD010 to BBDD029 include 3.10m grading 1.07 […]
Hurricane NEDs resign and requisition notice withdrawn
Hurricane Energy plc announced board resignations and appointments as well as the withdrawal of a requisition notice from one of its shareholders. BOARD CHANGES Yesterday (29 June) chairman Steven McTiernan, and non-executive directors (NEDs) John van der Welle, Sandy Shaw, Beverley Smith and Dr David Jenkins resigned from the board with immediate effect. Alan John […]
Red Rock starts drilling at Luanshimba
Red Rock Resources plc has started a drill programme at the Luanshimba copper-cobalt project in the Haut-Katanga Province of the Democratic Republic of Congo (DRC). The company’s 80% owned Congolese subsidiary Red Rock Galaxy SA is the operator. The programme, which will be the first step towards delineating a resource, comprises an initial 2,000m of […]
Condor Gold intercept backs Cacao potential
Condor Gold plc announced the best drilling intercept to date from the Cacao prospect at the La India project in Nicaragua. The drill intercept of 25.93m (14.9m true width) at 3.94g/t gold from 263.82m, including 4.58m (2.6m true width) at 7.76g/t gold from 282.12m drill depth was in drill hole CCDC033. The junior miner said that the assay result supported […]
UKOG starts drilling Basur-3 appraisal well
UK Oil & Gas plc (UKOG) said it had marked a milestone with the start of air drilling at the Basur-3 appraisal oil well in the 305 km² Resan licence, Turkey. On 26 June, operations began on the initial 17.5 inch diameter hole section, following which a 13⅝ inch casing is expected to be set. […]