Red Rock Resources plc will begin preparations in March for trial processing at its Bilbale gold licence in Burkina Faso. ALLUVIAL EXPLORATION The company’s visit, deferred from this month, will also involve meeting Hong Kong partner Riverstone Resources Ltd owned by Mahendran Samuel. The licence, acquired in January 2022, is owned by Red Rock subsidiary […]
Tag: gold
Cornish Tin raises £2m via placing-crowdfunding
Cornish Tin Ltd ended last year with a total £2,080,000 million raised via a private placing by its shareholders and crowdfunding. EXPLORATION Funds will be used for working capital and to progress phase II drilling, started on 15 February 2024, after receiving permission on 9 January from Cornwall Council. Contractor Priority Drilling UK Ltd is […]
Oriole’s partner starts infill sampling at Mbe
Oriole Resources plc reported the start of infill sampling at the early-stage 312km2 Mbe gold project on the Eastern Central Licence Package in Cameroon. ANOMALISM The company believes it has identified targets “indicative of a corridor of gold mineralisation” running across all five of its Eastern CLP licences. Earn-in partner BCM International Ltd completed its […]
Kavango progresses Zimbabwe projects ahead of drilling
Kavango Resources plc has progressed exploration activities towards new or expanded drilling programmes at its gold projects in southern Zimbabwe. PREPARATIONS Acquired in July 2023, the Hillside project in Matabeleland comprises 40 contiguous gold claims and contains a historic high-grade underground mine. Kavango plans 16-line km induced polarisation surveys over four of the prospects, aimed […]
Anglesey returns further strong Parys drill results
Anglesey Mining plc reported high grade widths of mineralisation from exploration drilling at the Northern Copper zone at its 100% owned Parys Mountain on the Isle of Anglesey. CONTINUITY The company’s 2023-2024 programme is delineating mineral resource at the copper-zinc-lead-silver-gold volcanogenic massive sulfide project. Drilling is designed to verify the reliability of historical drill holes and […]
Power Metal finds further gold mineralisation at Tati
Power Metal Resources plc said new sampling results further demonstrated gold mineralisation continuity within the 8km-long gold trend at Tati near Francistown, Botswana. ANOMALIES The company first confirmed the project’s large-scale gold-in-soil anomaly in September 2021 two months after acquiring the project. Today’s published results are from last year’s extensive soil sampling and show the presence […]