Oriole Resources plc has restarted field work following the rainy season at its Bibemi orogenic gold and Central Licence Package (CLP) gold projects in Cameroon. BIBEMI The company is currently conducting a pit optimisation study and site visit at Bibemi in the north of the country. The work aims to upgrade a portion of the […]
Tag: precious metals
First Class Metals receives £35,998 through warrants exercise
First Class Metals plc has received £35,998.50 following notice to exercise warrants over a total of 359,985 ordinary shares. Following admission, the company’s issued share capital will consist of 66,698,707 ordinary shares with voting rights.
Arkle adds lithium exploration at Mine River gold project
Arkle Resources plc has discovered pegmatites in the company’s new search for lithium at its 100% owned Mine River gold block on the Wexford-Wicklow border in Ireland. LEINSTER GRANITE Reconnaissance work at Mine River has confirmed the presence of granite, pegmatite and aplite rock and the company now plans to collect specimens for analysis. Arkle […]
Condor Gold to sell La India
Condor Gold plc is selling the company’s flagship La India open pit project in Nicaragua. MINE EXPERTISE La India comprises 588 km2 of 12 contiguous and adjacent concessions. The open pit is de-risked and nearly ready for construction which will take 18 months from receipt of project financing. The company aims to sell the project […]
Galantas appoints Micon to revise Cavanacaw MRE
Galantas Gold Corporation has appointed Micon International to produce a NI 43-101-compliant mineral resource estimate (MRE) for its Cavanacaw gold project in Omagh, Northern Ireland. DRILLING CAMPAIGN The Canadian company last year completed its largest exploration programme of more than 4,100 metres, since the 2014 resource estimate. The new MRE will also include drill results […]
FCM optimistic on further high grade West Pickle Lake results
First Class Metals plc (FCM) said it was cautiously optimistic following results of further high grade nickle sulphides at the West Pickle Lake earn-in joint venture (JV) at its Canadian Schreiber-Hemlo and Sunbeam project. PROGRAMME The JV lies on the eastern flank of FCM’s 100% owned flagship North Hemlo project. Partner and operator Palladium One Inc […]