Hummingbird Resources plc said it had achieved full compliance with World Gold Council (WGC) Responsible Gold Mining Principles (RGMP) within the shortest possible timeframe at corporate level and its Yanfolila gold mine in Mali. ESGs In June 2020, the company joined the WGC in its commitment to operate responsibly with strict environmental, social and governance […]
Tag: gold
Alba conditionally raises £500,000 via placing
Alba Mineral Resources plc has raised £500,000 before expenses through the issue of 500 million new ordinary shares at a price of 0.1 pence per ordinary share. Each subscriber in the discounted placing will receive one warrant for every two subscribed shares, for a total of 250 million warrants. The warrants will have an exercise price of 0.2 pence per share and […]
Power Metal notes 175m mineralisation at Tati
Power Metal Resources plc reported further high gold grades and 175 metres continuity of gold mineralisation in its final assays from the drilling programme at Tati near Francistown, Botswana. RESULTS The results, from six remaining holes, follow last week’s positive results from the first three drill holes of the nine-hole reverse circulation (RC) programme on […]
Cora exploration target estimate adds 1.3Moz gold
Cora Gold Ltd reported an exploration target estimate of 26.0 Mt to 35.2 Mt indicating a possible increase in resource at its flagship Sanankoro project in southern Mali. ESTIMATE Chief executive Bert Monro said that the exploration target showed the potential for an additional 1.37 Moz of gold above the company’s existing 920 koz mineral […]
Power Metal intersects bonanza-high grade gold at Tati
Power Metal Resources plc has intersected bonanza and high grade gold from its drilling programme at the Tati project within the Tati greenstone belt near Francistown, Botswana. TATI In April, the owner-operator extended its licence area to cover the formerly producing Cherished Hope gold mine and a large gold-in-soil anomaly. During the August, drilling began on nine […]
Cora finds pre-drilling gold structures at Yanfolila
Cora Gold Ltd has discovered more than “12km of pre-drilling gold structures” from exploration across its five permits in the Yanfolila project area, southern Mali. TARGETS The permits lie predominantly within 20km of Hummingbird Resources plc’s Yanfolila gold mine. Cora’s discovered structures lie across the Farassaba III, Tékélédougou, Siékerolé, Tagan and Farani permits. The company […]