Power Metal Resources plc has expanded its Canadian gold portfolio with a new project covering three individual interests in Hemlo North, Ontario. TARGETS The company has signed an agreement to acquire three contiguous exploration sites of Roger Lake with 50 claims, Olga Lake (42) and Dotted East (30), covering a total 25.82km2. The projects are […]
Tag: gold
Power Metal targets second Australia acquisition
Power Metal Resources plc said it had secured an exclusive 60-day option in a potential new acquisition of copper-gold interests in the Paterson Province in the eastern Pilbara Region of Western Australia. MAJOR CENTRES Chief executive Paul Johnson added that the company was keen to build its Australian base and precious metals exploration with the […]
Condor Gold starts second rig to drill 4,000m at La India
Condor Gold plc announced that a second drill rig had started a 4,000 metre infill diamond drilling programme at the ‘high-grade’ starter pits La India, Nicaragua. The company said that the starter pits were designed pits containing 445Kt at 4.17g/t gold for 59,700 oz gold using a 2.0g/t gold cut-off. The rig was mobilised for […]
Condor Gold raises £18,600 through warrant exercise
Condor Gold plc has raised £18,600 following the exercise of warrants to issue 60,000 new ordinary shares with a nominal value of 20p each in the capital of the company at a subscription price of 31p per share.
Condor Gold receives £189,435 via warrant exercise
Condor Gold received gross proceeds of £189,435.20 on 13 January 2020 following notices to exercise of warrants. The company issued 501,713 new ordinary shares with a nominal value of 20p each in the capital of the company at a subscription price of 31p per share for 125,000 warrants and at a subscription price of 40p […]
Oriole expects gold drill results at Senala
Oriole Resources plc announced that a 10,000 metre air core (AC) drilling programme has been completed on schedule at the Senala gold project in Senegal. The AC drilling, conducted by joint venture partner IAMGOLD, aims to define better the geochemical footprint of gold mineralisation at the Faré prospect. Results are due during the first quarter […]