Cavanacaw gold mine will produce an estimated 5,000 tonnes per month of development and stope mineralised material within 12 months of start-up, according to its published mine plan. QME Mine owner Galantas Gold Corp said that an increase in operations would result in estimated costs of development prior to achieving steady-state production of approximately US$12 […]
Tag: gold
Galantas looks to district scale potential at Gairloch
Galantas Gold Corporation said its latest drill results from the Gairloch project in Scotland confirmed the potential for a district-scale polymetallic project. MINERALISATION The Canadian company drilled the second exploration hole 23-GL-02 to a depth of 50 metres as a step back from hole 23-GL-01, testing the Kerry Road deposit. The drillhole intersected 1.88 g/t […]
Kavango signs two more Zimbabwe gold options
Kavango Resources plc has signed an exclusive six-month option to acquire two further gold exploration projects in Matabeleland, southern Zimbabwe. HILLSIDE The company said the Hillside and Leopard projects each had the potential to host bulk mineable gold deposits. Hillside comprises 40 contiguous gold claims and contains a historic high-grade underground mine, reported to have […]
Hummingbird has strong first half at Yanofila
Hummingbird Resources plc has reversed its fortunes with strong first half production from Yanfolila gold mine in southern Mali. PRODUCTION The company’s Q2 2023 operational and trading report showed an increase to 23,885 oz gold produced in Q2 2023 (Q2 2023: 20,013 oz). Total H1 2023 gold produced reached 51,147 oz (H1 2022: 35,561 oz). […]
Alba starts dewatering lower Llechfraith
Alba Mineral Resources plc has begun dewatering the Lower Llechfraith workings containing the primary gold target within the Clogau-St David’s mine system in North Wales. GEOPHYSICAL SURVEYS The company added it expected to start safety works this week. However, unmanned aerial vehicle (UAV) geophysical survey flights planned over the wider Dolgellau gold exploration project are […]
Galantas Gold begins surface drilling
Galantas Gold Corporation reported positive results from the final underground drillhole from the Kearney vein as it begins surface drilling at the Joshua vein at Cavanacaw in Omagh. TRANSITION Hole FR-DD-23-UG-193, drilled from an underground platform within the second level of the vein, intersected 19.8 grams per tonne gold and 11.3 g/t silver over 1.7 […]