Metals & Minerals News

Cora Gold notes further strong drill results at Sanankoro

Cora Gold Ltd reported further strong results from its largest ever drilling campaign at its Sanankoro gold project, Southern Mali. The company plans to drill up to 35,000m by the end of July 2021 to target resource growth as well as infill drilling to convert existing inferred resources to indicated. A total of 116 holes […]

Metals & Minerals News

Scotgold offers £2m director loan as losses rise at Cononish

Scotgold Resources Ltd said that some of its directors will provide a short-term loan of up to £2 million as the group reported mounting losses at Cononish, near Tyndrum in Scotland. Scotgold also announced that the mine’s processing plant had operated throughout April 2021, and that the first shipment of concentrate product was expected during […]

Finance Metals & Minerals News

Power Metal raises £26,250 through warrant exercise

Power Metal Resources plc has received £26,250 after receiving notices to exercise warrants over 3,750,000 new ordinary shares of 0.1 pence each in the company (warrant shares). The warrant shares are being issued pursuant to the exercise of 3,750,000 warrants at an exercise price of 0.7 pence per ordinary share of 0.1 pence each in […]