Predator Oil & Gas Holdings plc has agreed a further 16.2% interest in the Cory Moruga E block, subject to Trinidad regulatory approval. WORKOVERS The company’s subsidiary T-Rex Resources Trinidad Ltd will shortly begin site clearance for the first well workover with quote for the work currently under review before contracts are awarded. Jacobin-1 well […]
Tag: Ireland
Conroy seeks new partner for Irish licences
Conroy Gold and Natural Resources plc and its partner in Ireland and Northern Ireland have ended their joint venture after two years. DISTRICT SCALE Turkish miner Demir Export A.Ş leaves the agreement with a net smelter royalty, having spent €5,657,671 across the licences since the JV became unconditional on 31 March 2022. The 2% NSR […]
Arkle drill results expand strike length at Inishowen
Arkle Resources plc said results from drilling in December at the Inishowen prospect had expanded the strike length of the known gold bearing structure. FLUCTUATIONS The company drilled four holes for a total 220.4m, of which the first two targeted the main vein at Meeneragh. Recorded gold grades, found within quartz veins and fault gouge […]
Conroy scout drilling shows open Clontibret
Conroy Gold and Natural Resources plc said scout drilling results from four gold targets further showed the Clontibret gold target to be open in all directions. MINERALISATION Corcaskea, Corraweelis and Dunraymond are in the 65km Orlock Bridge gold trend and Creenkill lies in the 24km Skullmartin gold trend, both of which are in the Longford-Down […]
Arkle swings to a loss in a ‘good exploration year’
Arkle Resources plc swung to loss from its activities during 2022 but experienced a “good exploration year”. FINANCES The group holds gold, zinc and lithium interests in Ireland and has expanded its interests to a small licence area for lithium in Zimbabwe. Full year results ended December 2022 show a loss of €299,214 (2021: profit […]
Predator directors’ share options-loan raise £1.25m
Predator Oil & Gas Holdings plc’s directors have raised a total £1,256,880 through the exercise of share options and a loan. SHARE OPTIONS The exercise notices are from executive directors Paul Griffiths for 7,855,486 share options and Lonny Baumgardner for 7,855,486 share options issued to them in the company’s unapproved share option schemes between 2018 […]