Power Metal Resources plc has appointed Edmund (Ed) Charles Frederick Edmund Shaw as non-executive director. Mr Shaw, aged 47, is an experienced City finance professional took up his position on 19 February 2021. His previous directorships include Dunton Capital LLP, Manders & Shaw Limited and ShawCap Limited. He is currently director at NewPeak Capital LLP […]
Tag: precious metals
Conroy Gold raised €1m as losses increased in H1 2020
Conroy Gold and Natural Resources plc has recorded increased losses while raising more than €1 million for its mining projects on either side of the Irish Border and in Finland. In its unaudited results published last Friday (26 February) for the half year ended 30 November 2020, loss after taxation for was €703,294 (six-month period […]
Cora to start largest drill campaign at Sanankoro
Cora Gold Ltd today announced it would start its largest single drill campaign at its flagship Sanankoro gold project in the Yanfolila gold belt, southern Mali. The $3.7 million programme will be for an initial 22,000 metre reverse core, diamond drilling which has been awarded to Capital Drilling Mali SARL. Cora said it expected the drilling to reach […]
GreenOre partner reaches second earn-in for Ayrshire
GreenOre Gold plc announced that its joint venture partner Koza Ltd has achieved the second earn-in on the Ayrshire gold prospect. JOINT VENTURE The Turkish company now holds an 80% interest in the project with GreenOre retaining 20%. All further spend will be conducted on a pro-rata basis. GreenOre said that the earn-in represented work […]
Power Metal losses narrow as global scope rises
Power Metal Resources plc reported it last year narrowed losses and increased its interests as it quickened the pace of its base and precious metals business. FINANCES In its audited results for the year to 30 September 2020, the company reported a loss of £1.4 million (2019: £1.6m). At the year end, Power Metal held […]
Red Rock new MRE shows higher gold grade at Mikei
Red Rock Resources plc announced a higher gold grade while ounces decreased in a new mineral resource estimate (MRE) at the Mikei gold project in Migori, Kenya. The company also now its first 14, mainly shallow, new drill hole locations which will be tested while it plans further programmes for infill and step-out drilling and […]