Power Metal Resources plc announced the start of a test pitting programme targeting coarse gold mineralisation at the Alamo project in Arizona, USA. PROGRAMME The permitted programme allows for the excavation of up to six test pits (three at Breccia Hill and three at Big Boulder Wash), and five percussion drill holes. The company said that the geological […]
Tag: precious metals
Alba notes substantial precious and base metals results in Dolgellau
Alba Mineral Resources plc said it had a suite of substantial precious and base metal results from its field exploration in the Dolgellau gold field (DGF), Wales. DOLGELLAU Alba has conducted further exploration across a number of high-priority regional targets in the DGF. The company said that multi-commodity mineralisation had been confirmed from sampling at […]
Altus intersects high grades at Diba gold project
Altus Strategies plc said it had intersected high grades from diamond drilling at the company’s 100% owned Diba gold project in western Mali. INTERSECTIONS Diba hosts a shallow-dipping, near-surface gold deposit and a number of other prospective targets. Intersections (down-the-hole and not true widths) include: 21.9 g/t Au over 10.2m from 28m (including 72.2 g/t […]
Cononish production steady as planning begins for 2022
Scotgold Resources Ltd said it had maintained the rate of gold production at the Cononish gold-silver mine in Tyndrum, Scotland. OPERATIONS The company has also completed the first ball mill reline and started preparing plans for 2022 PRODUCTION “Around 64 tonnes of concentrate were produced during October,” said the company in a statement. “The concentrate […]
Power Metal acquires FDR Australia
Power Metal Resources plc has acquired 100% of First Development Resources Pty Ltd (FDR Australia) following the grant of the final copper-gold licence in the Paterson Region of Western Australia. REVISED AGREEMENT Earlier in 2021, the company made an offer, conditional on the granting of the final licence in the Wallal project, for 75% of the Australian company. […]
Cora Gold ends Zone B drill results on a high note
Cora Gold Ltd said the final set of results included some of the best to date from its largest ever 40,000m+ drill campaign in Zone B at its Sanankoro gold project in southern Mali. RESULTS The fourteenth set of results include: 17m @ 17.13g/t Au from 89m in hole SC0561 19m @ 6.14 g/t Au from […]