Oriole Resources plc announced an independent mineral resource estimate (MRE) of 155,000 oz gold grading 1.26 g/t gold in the inferred category for Faré South in its Senala project, Senegal. JOINT VENTURE The MRE is independent of the company’s joint venture partner IAMGOLD Corporation which has the option to spend up to $8 million to earn a 70% interest. […]
Tag: gold
Hummingbird revenue falls with output weighted in H2
Hummingbird Resources plc recorded a fall in revenue and swung to a loss as the company expects production to be weighted in the second half of 2021 at its Yanfolila gold mine in Mali, West Africa. FINANCES In its unaudited results for the six months ended 30 June 2021, the company reported revenue of US$87 million (H1 […]
Oriole weighs ‘huge exploration potential’ at CLP
Oriole Resources plc’s initial sampling results support its hypothesis of huge potential for gold exploration on the 3,592km2 Central Licence Package (CLP) in Central Cameroon. PRIORITY Following a desktop remote sensing study that identified 12 initial priority gold targets, Oriole conducted a mapping and stream sediment sampling programme. The programme was completed over the five easternmost licences, […]
Condor Gold starter pits are ‘shovel ready’ at La India
Condor Gold plc said the starter pits are shovel ready following final assay results for the 3,370m drill programme at La India, Nicaragua. MINERALISATION The two starter pits are planned to exploit two high grade segments of the La India open pit to 35m below surface. The Southern starter pit is along a 250m strike […]
Oriole reports further ‘excellent’ results at Faré
Oriole Resources plc said it had received further excellent drill results from the Faré prospect in its Senala joint venture (JV) project, Senegal. RESULTS The news follows results earlier this week of up to 70m grading 1.46 g/t gold and 10m grading 1.69 g/t Au, respectively, at Faré and Madina Bafé. PHASE 1 Today’s published partial results are […]
Altus reports multiple intersections for outside Tabakorole gold deposit
Altus Strategies plc reported more positive results with multiple intersections encountered outside its mineral deposit at its Tabakorole joint venture gold project in southern Mali. RESULTS Results from five diamond drill holes (totalling 997m) from the central zone include shallow intersections outside of the mineral deposit of: 2.6 g/t gold over 21m from 70m; 1.3 […]