Galantas Gold Corporation reported a 77% increase in total contained gold ounces in a revised mineral resource estimate (MRE) for Cavanacaw mine in Omagh, Northern Ireland. ROBUST The Canadian company’s revised NI 43-101-compliant MRE is based on 42 additional drill holes and a complete review of the previous vein wireframe interpretations. Consultants Micon International Ltd’s […]
Tag: gold
Conroy finds mineralisation continuity at Creenkill
Conroy Gold and Natural Resources plc said that trenching and drill results showed continuity of a mineralised structure at Creenkill in its Mines Royal option of Newtownhamilton, County Armagh. GOLD TRENDS The programme is on the Skullmartin Fault gold trend, separate from and 20km to the south of the 65km long Orlock Bridge gold trend, […]
Cora starts tendering process for Sanankoro mine
Cora Gold Ltd has begun the tendering process for the front-end engineering and design and construction of the Sanankoro gold mine in southern Mali. BOUNDARIES The company is awaiting the end of Mali government’s November 2022 permit moratorium before formally starting the contract mining process. The application for the Sanankoro mining permit, which includes hybrid […]
Scotgold reviews mine design, schedule and production
Scotgold Resources Ltd plans a third-party review for the next 12 months at its Cononish mine following dwindling cash and initial low grade gold finds. DEVELOPMENT RATES The review will initially assess the mine design, schedule and production forecasts. Second stage power and ventilation upgrades will also be included to improve mine accessibility, allowing simultaneous operation […]
Cora Gold strengthens in-house team
Cora Gold Ltd has appointed a project manager, mining consultant and head of geology to broaden the company’s in-house capabilities. LOURENS STEENEKAMP Lourens Steenekamp, with a career spanning over three decades, began his career with Gold Fields. He then held engineering roles in Ghana and Tanzania where he progressed to construction projects. More recently, Mr […]
Condor Gold grants 4.6m share options
Condor Gold plc granted directors, employees and consultants a total 4.6 million share options, representing 2.45% of the issued share capital, under its existing share option scheme. PDMRs* On 6 July, directors receiving in total 3,250,000 options include chief executive officer Mark Child 1,250,000 options; chairman Jim Mellon 300,000; non-executive directors Kate Harcourt 300,000; Andrew […]