Galantas Gold Corporation intersected further high grade gold as the company evaluates an expansion of resources at its Cavanacaw gold project in Omagh, Northern Ireland. JOSHUA VEIN The Canadian miner is conducting a 4,000m drill programme at the site. Hole FR-DD-21-175, drilled from surface targeting the Joshua vein, intersected 17.4 g/t gold, 74.6 g/t silver […]
Tag: precious metals
Altus intersects ‘excellent’ gold grades
Altus Strategies plc said it had intersected high gold grades from reverse circulation (RC) drilling at the Diba NW prospect, in the Diba & Lakanfla gold project, western Mali. RESULTS The Diba NW prospect lies on the Diba licence, approximately 5km from the Lakanfla licence which holds the Lakanfla Central and Lakanfla West prospects. Altus […]
Conroy transfers Irish gold licences to Demir JV
Conroy Gold and Natural Resources plc has transferred its licences to the joint venture (JV) companies established with Demir Export for its gold project in Ireland and Northern Ireland. LICENCES The company received approval to transfer Clontibret licence PL2194 in the Republic of Ireland to Conroy Gold (Clontibret) Ltd. Additionally, it has transferred the Northern […]
Galantas signs $1.06m loan with Ocean Partners
Galantas Gold Corporation has entered into a loan agreement for US$1.06 million (£800,000) with Ocean Partners UK Ltd for working capital and Cavanacaw gold mine in Omagh, Northern Ireland. TERMS Galantas said in a statement that the loan would carry an interest at an annual rate of 10% and is payable six months from the […]
Altus amends Mali JV agreement
Altus Strategies plc has signed an amended joint venture and earn-in agreement (JVA) to cover a broader licence area and retain a 100% interest in the Lakanfla gold project in Mali. AGREEMENT The agreement with partner Marvel Gold replaces the original from June 2020. It now comprises the Tabakorole gold project (100km2) and two contiguous […]
Alba Mineral Resources announces PDMR dealings
Alba Mineral Resources plc announced PDMR* dealings in the company relating to its executive chairman. George Frangeskides has purchased 10,221,909 ordinary shares at an average price of 0.1475p into an ISA. Following these purchases, Mr Frangeskides now owns a total holding of 48,115,199 ordinary shares, representing 0.75% of the issued shared capital of the company. […]