Condor Gold plc is selling the company’s flagship La India open pit project in Nicaragua. MINE EXPERTISE La India comprises 588 km2 of 12 contiguous and adjacent concessions. The open pit is de-risked and nearly ready for construction which will take 18 months from receipt of project financing. The company aims to sell the project […]
Tag: gold
Galantas appoints Micon to revise Cavanacaw MRE
Galantas Gold Corporation has appointed Micon International to produce a NI 43-101-compliant mineral resource estimate (MRE) for its Cavanacaw gold project in Omagh, Northern Ireland. DRILLING CAMPAIGN The Canadian company last year completed its largest exploration programme of more than 4,100 metres, since the 2014 resource estimate. The new MRE will also include drill results […]
FCM optimistic on further high grade West Pickle Lake results
First Class Metals plc (FCM) said it was cautiously optimistic following results of further high grade nickle sulphides at the West Pickle Lake earn-in joint venture (JV) at its Canadian Schreiber-Hemlo and Sunbeam project. PROGRAMME The JV lies on the eastern flank of FCM’s 100% owned flagship North Hemlo project. Partner and operator Palladium One Inc […]
Cora completes DFS and optimised economics
Cora Gold Ltd has completed the definitive feasibility study (DFS) alongside its inaugural reserves and optimised project economics for its flagship Sanankoro gold project in southern Mali. RESERVES The inaugural probable reserves are 422koz @ 1.3 g/t Au with 6.8 years reserve mine life and average annual production of 56,000 oz. A total of 121koz […]
Caerus former chairman acquires one million shares
Caerus Mineral Resources plc noted that its former chairman Michael Johnson acquired 1,021,250 ordinary shares, representing 1.67% of the issued share capital of the company. The transactions, between 9 April 2021 and 6 May 2021, were at £0.00 and outside a trading venue. In total, Mr Johnson and persons closely associated hold 5,550,001 ordinary shares representing 9.0% […]
Alba appoints Vivien Johnston Glass as consultant
Alba Mineral Resources plc has engaged Vivien Johnston Glass FRSA as specialist ‘mine-to-market’ supply chain consultant for refined gold products. Ms Glass has more than 20 years’ experience in the jewellery industry and is an expert in responsible sourcing of precious metals, diamonds and gems. She formerly worked for Scotgold Resources (2011-2022) from the planning stage to […]