Condor Gold’s cash balance increased to £5.5 million for the nine months ending 30 September 2020 compared with £3.6m for the same period in 2019 at its La India project in Nicaragua. In its unaudited results for three and nine months ending 30 September 2020, the precious metals miner added it was fast tracking the […]
Tag: gold
RRAL granted further Ballarat gold licences
Red Rock Australasia Pty Ltd (RRAL) announced that a further seven of its licence applications have been accepted and given the highest ranking in the Victoria gold fields of Australia. BACKLOG The company is a joint venture between Red Rock Resources plc (49%) and Power Metal Resources plc (50.1%). The partnership is targeting the historic […]
RRAL applies for additional licence in Victoria gold fields
Red Rock Resources plc and Power Metal Resources plc have applied for an additional licence that forms a close inner circle around the Ballarat mine in the Victoria gold fields, Australia. LICENCES The licence area covers 148km2 (EL007540)) and is surrounded by existing applications from the joint venture partners under Red Rock Australasia Pty Ltd […]
Galantas starts new review of Cavanacaw
Galantas Gold Corporation announced it was conducting a new technical review of exploration work, including a proposed core drilling programme, at Cavanacaw mine in Omagh, Northern Ireland. The Canadian company has said its licensed area holds more than three million ounces of gold which is wants to “aggressively explore”. Galantas said that the exploration report […]
Alba starts surface drilling at Clogau gold mine
Alba Mineral Resources plc said it had started surface drilling after completing its underground drilling programme and bulk sampling at Clogau-St David’s Gold Mine in Snowdonia National Park, North Wales. The metals and critical minerals mining company reported that underground drilling programme had involved seven drill holes for a total of 559.5 metres and which […]
Alba Mineral appoints Mark Austin as COO
Alba Mineral Resources plc has appointed its senior geologist Mark Austin as full-time chief operating officer. He will be responsible for the company’s day-to-day mining projects in north Wales, Greenland and Ireland. Mr Austin has management and operational experience in a career spanning four decades across a range of commodities, but with a particular focus […]