Kavango Resources plc said it had appeared to have intercepted the magnetic anomaly at the projected target depth at the rare earth element-base-precious metals project at Ditau Camp in Botswana. TARGET i10 The 50-50 joint venture, under the name of Kanye Resources plc, is between Kavango as the operator and Power Metal Resources plc. Kavango […]
Tag: precious metals
FCM expects drilling to start soon at Pickle Lake JV
First Class Metals Ltd (FCM) said that drilling was soon due to start at its precious metals Pickle Lake property in North Hemlo in Ontario, Canada. PICKLE LAKE Pickle Lake comprises 33 single cell mining claims for which FCM has now received an exploration permit, ahead of earn-in partner Palladium One beginning a drill programme. […]
Galantas on course for production at Cavanacaw
Galantas Gold Corporation said it remained on course for production next month and reaffirmed the potential for higher widths of mineralisation at Cavanacaw mine in Omagh, Northern Ireland. RESULTS The Canadian company’s results from four holes of its 4,000m drill programme from the underground development at the Kearney vein include: – FR-DD-22-UG-183 intersected a new […]
Power Metal restructures Australia subsidiary
Power Metal Resources plc has restructured its subsidiary with interests in Australia by acquiring 100% of Pardoo Resources Pty Ltd holding gold-copper interests in the Paterson Province. STRUCTURE Power Metal owns 83.33% of First Development Resources (FDR UK). Pardoo is an Australian exploration holding company which holds projects in trust for First Development Resources Pty Ltd (FDR Australia). In 2021, […]
Cora identifies new gold discoveries at Sanankoro
Cora Gold Ltd said it had identified two new gold discoveries as it announced the first results from its 2022 drill programme at the Sanankoro gold project in southern Mali. PROGRAMME The drill programme comprised 11 aircore (AC) shallow holes for 897m and 78 reverse circulation (RC) holes for a total of 6,992m. This included […]
Caerus ‘very encouraged’ by Kalavasos results
Caerus Mineral Resources plc reported results of residual gold in dumps and in new targets at the Kalavasos project licences in Cyprus. KALAVASOS The project consists of five Kalavasos licences and the Pano Lefkara and Layia licences. The area includes several abandoned mines including Platies, associated waste dumps and exposed gossans. Caerus said that widespread ancient […]