Galantas Gold Corporation reported further positive results for three holes drilled from underground platforms within the Kearney vein at Cavanacaw in Omagh, County Tyrone. TARGETS Hole FR-DD-22-UG-192, targeted within the northern dilation zone, intersected 6.2 g/t gold and 46.6 g/t silver over an 11.1m intersection. This includes a higher grade section of 22.5 g/t gold […]
Tag: gold
Conroy Gold plans step-out drilling for 2,000m at Clay Lake target
Conroy Gold and Natural Resources plc plans an eight-hole step-out drill programme for 2,000m on the Derryhennet section of its Clay Lake gold target in the Longford-Down Massif gold trend in Northern Ireland. CLAY LAKE The company’s joint venture Turkish partner Demir Export S.A. is conducting the programme at the target in County Armagh, which […]
FCM to take core of Sunbeam gold project
First Class Metals plc (FCM) expects to hold the ‘core’ Sunbeam mine area claims in Ontario as the company prepares for its 2023 exploration programme. SUNBEAM FCM acquired Sunbeam in early 2022 and was awarded exploration permits to allow drilling. The property includes the historic high-grade underground Sunbeam gold mine which operated from 1898 to […]
Hummingbird receives £15m investment
Hummingbird Resources plc has received a strategic two-tranche investment of US$15 million from African investment company CIG SA. USES The investment will help ensure the start of production by the end of Q2 2023 at the company’s second gold mine Kouroussa in Guinea, and help accelerate further exploration. “As we bring the development of our […]
Hummingbird production to rise with Kouroussa
Hummingbird Resources plc expects first gold pour scheduled for the end of Q2 at its Kouroussa project in Guinea to add material increase to the group’s production for 2023. OUTLOOK In its operational report for Q4 2022 and outlook for 2023, the company added that critical path construction and operational readiness items were nearing completion […]
Conroy Gold finds further resource continuity at Clontibret
Conroy Gold and Natural Resources plc said it had found further evidence of resource continuity at the company’s joint venture Clontibret project in County Monaghan, Ireland. RESOURCE Partner Turkish miner Demir Export S.A. is completing an eight-hole step-out drilling programme which has demonstrated new gold zones and extended mineralisation. The Clontibret gold resource, open in […]