Conroy Gold and Natural Resources plc said 3,000m drilling had started at its joint venture Clontibret gold target in Ireland. PROGRAMME The company’s joint venture (JV) partner and operator Demir Export S.A. began the eight-hole programme at the end of April. Conroy Gold added that the programme aimed to extend the eastern gold lodes and […]
Tag: precious metals
Galantas losses increase at Cavanacaw gold mine
Galantas Gold Corporation reported an increase in losses as administrative costs doubled for its gold project at Cavanacaw in Omagh, Northern Ireland. FINANCES The Canadian company’s results for year ended 31 December 2021 show net loss of CA$5,284,431 (2020: $3,228,452). General administrative expenses were $4,332,865 (2020: $2,065,277). Cash outflow from operating activities before changes in non-cash […]
Galantas extends metals licences for Irish subsidiary
Galantas Gold Corporation has been granted additional licences to increase its base and precious metals prospecting area in Ireland. FLINTRIDGE RESOURCES The Canadian company’s local operating subsidiary Flintridge Resources Ltd has expanded its two areas in Co. Leitrim, increasing the total exploration land package by 47.8km2 to 159.4km2. In October 2021, the Minister for the Environment, […]
Galantas to recruit overseas miners to bridge skills gap
Galantas Gold Corporation said the Government had granted it a visa licence to recruit eligible overseas mine workers for its Cavanacaw gold mine in Omagh, Northern Ireland. LABOUR MARKET The Canadian company added it had faced a tight labour market for experienced underground miners, and had focused on hiring and training local trainee miners. Galantas […]
GreenOre Gold records resignation of three directors
GreenOre Gold plc has recorded the resignation of three directors from the company. Companies House documents shows that Marc Sale stepped down on 31 December 2021 followed by Gavin Berkenheger and Raymond Keenan on 21 January 2022.
Tertiary fails to find significant results at North Ruth
Tertiary Minerals plc said that drill results had to date failed to show significant mineralisation at depth at the North Ruth target in the Pyramid silver-gold project in Nevada, USA. PROGRAMME The company conducted soil and rock chip sampling and trenching throughout 2021 which established “wide intervals of significant silver and associated gold mineralisation” at […]