Conroy Gold and Natural Resources plc said it had discovered a new extensive gold-in-soil anomaly in the district-scale gold trend in the Longford-Down Massif in Ireland. The finding comes as the company’s drill programme continues on its licence area and the proposed joint venture with Demir Export A.S. progresses to “final documentation”. SAMPLING The new […]
Tag: gold
Oriole awaits drill results as rains halt Senala operations
Oriole Resources plc said it expected drill results from Phase 2 drilling at Madina Bafé in the Senala joint venture gold project in Senegal. The company’s partner IAMGOLD Corporation has the option to spend up to $8 million to earn a 70% interest in the project. IAMGOLD, which started its Year 4 of that earn-in during […]
Caerus sells Black Pine nickel-cobalt project for £500,000
Caerus Mineral Resources plc has sold its non-core Black Pine nickel-cobalt project and associated licences for £500,000 to Aeramentum Resources Pty Ltd. PROJECT Caerus said that the four Black Pine licences, comprising nickel, cobalt and copper, had no exploration expenditure budgeted in the near future. The company added that although nickel-cobalt were essential battery metals, they were not […]
Oriole appoints Claire Bay as executive director E&D
Oriole Resources plc has appointed Claire Bay to the board of directors as executive director, exploration and development, with immediate effect. Ms Bay is chartered geologist with more than 13 years’ experience in the resources sector. She graduated in 2007 with a Masters in geology from the University of Southampton before working for Stratex International for […]
New zone and encouraging drill results for Altus at Tabakorole gold JV
Altus Strategies plc reported further encouraging diamond drill results and a new zone of gold mineralisation near the main deposit at Tabakorole, southern Mali. RESULTS The diamond drill programme in process totals 19 holes for 3,400m. Results from first six holes for 1,126m include:– 2.0 g/t Au over 13m from 174m– 3.9 g/t Au over […]
Altus doubles landholding with new gold licence at Tabakorole
Altus Strategies plc has increased its landholding by 56% to 292km2 at the joint venture (JV) gold project at Tabakorole in southern Mali. The mining royalty company holds a 49% equity interest and 2.5% net smelter return (NSR) royalty on the project. Exploration activities at Tabakorole are being funded by JV partner Marvel Gold Ltd. […]