Alba Mineral Resources plc has surrendered its Limerick zinc-lead prospecting licence in the absence of the third-party consents for drilling and viable drill targets. PRINCIPAL ASSETS The licence contained prospective targets but had not been a key focus and its surrender would have no material impact, said the company. “In fact, the surrender frees up […]
Tag: gold
Conroy Gold step-out drilling continues to extend mineralisation at Clontibret
Conroy Gold and Natural Resources plc said assay results from three further drill holes demonstrated a 375 metre extension to the northeast of the Clontibret deposit in County Monaghan, Ireland. STEP-OUT PROGRAMME In April 2022 the company, with Turkish joint venture partner and operator Demir Export SA began step-out drilling comprising eight holes. Today’s results […]
FCM reports new gold-silver showing on Enable
First Class Metals plc reported a “new gold showing with significant silver” from first assay results of the 2022 field campaign at the Enable property, west of Marathon in Ontario. CONTACT The company conducted the programme over a district-scale mineralised geological feature, striking northeast to southwest, which can be traced off property to historical showings. […]
FCM reports further high grade intercepts at West Pickle Lake
First Class Metals plc (FCM) reported further high-grade drillhole intercepts from the West Pickle Lake massive sulphide discovery in Ontario, Canada. JOINT VENTURE The Pickle Lake project area comprises 33 single cell mining claims over which Palladium One Inc has the option to earn in to an 80% interest subject to a three-year work programme commitment. […]
Arkle discovers lithium-bearing pegmatites at Mine River
Arkle Resources plc said it had discovered lithium-bearing pegmatites from rock chip samples in its Mine River gold block on the Wexford-Wicklow border in Ireland. MINE RIVER In 2017 the company acquired the block which comprises five licences over 213.5km2, covering an area of known gold mineralisation along a 15km trend. Arkle last year extended […]
New Ballarat extends Victoria licences
New Ballarat Gold Corporation plc (NBGC) joint venture (JV) has received positive rock sampling results of gold mineralisation surrounding Ballarat mine in the Victoria gold fields, Australia. ROCK SAMPLING The JV, planned for listing, is between Red Rock Resources plc (50.1%) and Power Metal (49.9%). The results were published as NBGC announced it was granted […]