First Class Metals plc said that photon assays of previous samples had revealed a new area of gold anomalism at the Dead Otter trend within its North Hemlo property in Ontario, Canada. DISTRIBUTION The company sent 25 samples of the total collected for re-assaying after earlier results had not reflected the potential gold values. Chief […]
Tag: gold
Panther exits Manitou Lakes gold option
Panther Metals plc has decided against acquiring the Manitou Lakes gold project on the Eagle – Manitou Lakes greenstone belt in Ontario, Canada. DISTRACTION The company signed an option and sale and purchase agreement in April 2022 with Shear Gold Exploration Corporation, which it has now terminated to focus on the critical minerals. Chief executive […]
Red Rock abandons three Côte d’Ivoire licences
Red Rock Resources plc has dropped three gold licence applications in Côte d’Ivoire after regulatory changes limited the number of licences to four per applicant. GUARDIAN METAL The company holds two licences covering 725.44km2 and two applications for a total 1,404.86 km2 in an area around the capital Yamoussoukro. The three abandoned applications are in […]
Oriole identifies potential ‘satellite’ targets at Mbe
Oriole Resources plc said it had identified new targets, adding to those in June, from a second soil sampling programme at the Mbe licence in the Adamawa region of Cameroon. DRILLING The “three further zones of gold anomalism” of MB02, MB03 and MB04 prospects lie to the east of MB01, with results of up to […]
Ormonde technical adviser becomes CEO of TRU
Ormonde Mining plc technical advisor Steve Nicol has been appointed chief executive officer of investee TRU Precious Metals Corp. He has been a director of the Canadian company, alongside Ormonde’s executive chair Brian Timmons, since Ormonde’s investment in 2023. He is also a director of Ormonde’s other investee company Peak Nickel Ltd. Mr Nicol is a […]
FCM accelerates Dead Otter exploration
First Class Metals plc has upgraded the Dead Otter trend within its North Hemlo property to “high profile” target and accelerated exploration with a “potentially significant impact”. DISCOVERY The project was previously confirmed to have a discontinuous 3.7km long gold trend, open along strike, in the south of the property. Gold was also panned from […]