Power Metal Resources plc reported further high gold grades and 175 metres continuity of gold mineralisation in its final assays from the drilling programme at Tati near Francistown, Botswana. RESULTS The results, from six remaining holes, follow last week’s positive results from the first three drill holes of the nine-hole reverse circulation (RC) programme on […]
Tag: precious metals
Cora exploration target estimate adds 1.3Moz gold
Cora Gold Ltd reported an exploration target estimate of 26.0 Mt to 35.2 Mt indicating a possible increase in resource at its flagship Sanankoro project in southern Mali. ESTIMATE Chief executive Bert Monro said that the exploration target showed the potential for an additional 1.37 Moz of gold above the company’s existing 920 koz mineral […]
Power Metal intersects bonanza-high grade gold at Tati
Power Metal Resources plc has intersected bonanza and high grade gold from its drilling programme at the Tati project within the Tati greenstone belt near Francistown, Botswana. TATI In April, the owner-operator extended its licence area to cover the formerly producing Cherished Hope gold mine and a large gold-in-soil anomaly. During the August, drilling began on nine […]
Cora finds pre-drilling gold structures at Yanfolila
Cora Gold Ltd said results from regional exploration had discovered more than 12km of pre-drilling gold structures across across its five permits in the Yanfolila project area in southern Mali. GOLD STRUCTURES The permits lie predominantly within 20km of Hummingbird Resources plc’s Yanfolila gold mine. Cora’s regional exploration discovered the structures across the Farassaba III, […]
Oriole extends salary sacrifice scheme
Oriole Resources plc has completed converting the last two tranches of gross salary, totalling £51,000, under its directors’ salary sacrifice scheme which will be extended. COMPANY SHARE The company used the 30-day VWAP on 31 August 2022 (0.1785 pence) and 30 September 2022 (0.194 pence) respectively, for 17,427,633 new ordinary shares of 0.1p each. Following […]
Hummingbird partner to take 100% of Dugbe
Hummingbird Resources plc said that its joint venture partner will exercise its right to take 100% ownership of the 2,559 km2 Dugbe gold project in southern Liberia. TERMS The project lies within the southwestern corner of the Birimian Supergroup which hosts most West African gold deposits. Hummingbird identified two deposits of Dugbe F and Tuzon […]