Scotgold Resources Ltd granted unlisted options over 400,000 depositary interests of no par value each in the company with an exercise price of 75p to chief executive Philip Day. The award is in line with the terms of Mr Day’s employment. The shares, which vest on 1 September 2025, have an expiry date of 31 August 2027. […]
Tag: gold
Alba receives £22,000 via warrant exercise
Alba Mineral Resources plc received £22,000 following notice to exercise warrants for 16,923,077 shares. The warrants have an exercise price of 0.13p per share and an expiry date of 4 September 2022. Following admission, the total number of ordinary shares in issue will be 6,621,568,996.
Conroy Gold intersects new gold zones at Clontibret
Conroy Gold and Natural Resources plc said that initial drill results had intersected 18 gold zones, including four new zones, at the joint venture (JV) Clontibret project in Co Monaghan, Ireland. STEP-OUT DRILL PROGRAMME Turkish JV partner and operator Demir Export has completed three of eight planned drill holes for a total 3,000m. Two drill […]
Power Metal granted South Australia IOCG licence
Power Metal Resources plc has been granted its first exploration licence, covering 999km2, for a potential iron oxide-copper-gold (IOCG) deposit in the Anna Creek area of South Australia. GAWLOR CRATON The company submitted an application for two licences in October 2021. Licence EL6819 is valid for six years ending 24 August 2028, subject to a minimum exploration spend of A$100,000 (£59,000) […]
Hummingbird completes more than 50% of Kouroussa
Hummingbird Resources plc reported further high-grade assay results and completion of more than 50% of Kouroussa gold mine in Guinea. DEVELOPMENT Final assay results from the 2021 infill drilling campaign relate to 27 drill holes for 4,138 metres at the key deposit of Koekoe (KK) and include 9.0m @ 32.60 g/t from 116m. The new […]
Alba secures full ownership of Clogau
Alba Mineral Resources plc has completed the acquisition of a further 10% in Gold Mines of Wales Ltd to hold 100% of the Clogau gold project within the Dolgellau Gold Belt in North Wales. SHARES The company will apply for the 200 million company consideration shares to be admitted to trading on AIM. Following admission, […]