Condor Gold plc said it had started a 1,700m infill geotechnical drill programme at its La India open pit, Nicaragua. The five to six-week programme using two rigs aims to achieve a feasibility level of design by SRK Consulting (UK) Ltd as well as complement other feasibility study level programmes underway. Condor Gold added that […]
Tag: extractive industries
Alba completes sale of Brockham oil interest
Alba Mineral Resources plc has completed the sale of its 5% interest in Brockham onshore oil field in Surrey to operator Angus Energy plc. The metals and minerals explorer said that the move was part of its drive to rationalise its non-core assets. In settlement of certain back costs and a contribution towards eventual abandonment […]
Helium One starts exploration drilling at Rukwa
Helium One Global Ltd said it had started its exploration drill programme at its 100%-owned Rukwa project in Tanzania. Last Friday (12 June), the company began drilling at Tai which it recently categorised as a ‘must drill’ three-way dip closure following a recent 2D infill seismic. Helium One’s three-well exploration programme is targeting shallow trap […]
Oriole results back model for Bibemi gold exploration
Oriole Resources plc said that drill results showed that its preliminary exploration model for mineralisation was correct at the Bibemi gold project in Cameroon. The company today reported further high grade intersections from its 3,118m diamond drilling programme at its 51%-owned venture. Holes BBDD002 to BBDD009 are all from the 5.3km-long Bakassi Zone 1 prospect […]
Cornish Lithium in £1m consortium to extract lithium from clay waste
Cornish Lithium Ltd has formed a consortium with Imerys Minerals Ltd and consultancy firm HSSMI for a £1 million project to produce lithium from china clay (kaolin) operations in Cornwall. EFFICIENCY The Innovate UK-funded project will assess the potential for lithium extraction from waste material of current and historic kaolin production processes. Cornish Lithium will […]
Altus Strategies appoints David Hall as strategic advisor Egypt
Altus Strategies plc has appointed mining executive David Hall as strategic advisor for Egypt. Mr Hall is an economic geologist with more than 35 years’ experience and has worked on exploration projects and mines in more than 55 countries with major and establishing companies. He is chairman and co-founder of Horizonte Minerals plc and founded […]