Red Rock Resources plc has progressed exploration drilling at its gold licence interests in southwest Kenya. WESTERN LICENCE The company holds a 75% direct interest in Mid Migori Mining Company Ltd which controls a 723 koz JORC gold resource within two exploration licences in the Migori greenstone belt. The asset comprises the Mikei resource with […]
Tag: precious metals
Tertiary notes further high grade Pyramid sample results
Tertiary Minerals plc announced that results from recent surface sampling and mapping continued to return high grades at its Pyramid silver-gold project in Nevada, USA. RESULTS The company collected most of the new samples over a wide area along the recently established zone of silver mineralisation at North Ruth which has a strike length of […]
Chesterfield finds significant gold mineralised system
Chesterfield Resources plc said that assay returns from recent diamond drilling revealed a significant gold-mineralised system in the Westline target at its Troodos West project in Cyprus. INTERSECTIONS The company added that thick and locally high-grade gold intersections were evidence of a significant gold-enriched mineralised system which so far covered some 220m by 300m and […]
Conroy agrees main terms with Demir for Clontibret
Conroy Gold and Natural Resources plc said it had agreed the main terms of the proposed joint venture (JV) with Turkish miner Demir Export on the Clontibret licence in Ireland. AGREEMENT The JV called Project Inis will involve Demir developing the gold deposit to construction ready status and bringing it into operation as a gold […]
Hummingbird resumes operations at Yanfolila
Hummingbird Resources plc announced that, following recent unrest, it had restarted its Yanfolila gold mine in Mali. PRODUCTION On 29 November, the company paused operations due to public disorder and illegal roadblocks. Hummingbird today said that the Mali government had intervened and restored order in the region. “All employees and contractors have been safely accounted […]
Galantas encouraged by new Cavanacaw surveys
Galantas Gold Corporation said that new geophysical surveys indicated the potential presence of gold-bearing structures near the Cavanacaw gold mine in Omagh, Northern Ireland. TEST GRIDS The company recently conducted induced polarisation (IP) gradient array surveys close to the mine to determine the value of the gradient array method not previously tried in the area. […]