Metals & Minerals News

Karelian starts follow-up exploration in Kuhmo

Karelian Diamond Resources plc has started follow-up exploration programme focused on excavation and drilling in the Kuhmo region of eastern Finland. TARGETS The company said that operations were located “up-ice” of its green diamond discovery. A total of 38 kimberlite targets have been identified from drone-based aeromagnetic data combined with kimberlite indicator sampling results and […]

Finance Metals & Minerals News

Conroy Gold settles Karelian debt with shares

Conroy Gold and Natural Resources plc has acquired shares in Karelian Diamond Resources plc to part-settle debt owed to it. TERMS The company has also agreed a loan to help fund Karelian’s exploration in Finland. As at the end of the six-month period ending 30 November 2022, Dublin-based Karelian owed Conroy Gold €234,651. Conroy Gold […]