Hummingbird Resources plc has reversed its fortunes with strong first half production from Yanfolila gold mine in southern Mali. PRODUCTION The company’s Q2 2023 operational and trading report showed an increase to 23,885 oz gold produced in Q2 2023 (Q2 2023: 20,013 oz). Total H1 2023 gold produced reached 51,147 oz (H1 2022: 35,561 oz). […]
Tag: precious metals
Alba starts dewatering lower Llechfraith
Alba Mineral Resources plc has begun dewatering the Lower Llechfraith workings containing the primary gold target within the Clogau-St David’s mine system in North Wales. GEOPHYSICAL SURVEYS The company added it expected to start safety works this week. However, unmanned aerial vehicle (UAV) geophysical survey flights planned over the wider Dolgellau gold exploration project are […]
Galantas Gold begins surface drilling
Galantas Gold Corporation reported positive results from the final underground drillhole from the Kearney vein as it begins surface drilling at the Joshua vein at Cavanacaw in Omagh. TRANSITION Hole FR-DD-23-UG-193, drilled from an underground platform within the second level of the vein, intersected 19.8 grams per tonne gold and 11.3 g/t silver over 1.7 […]
Galantas MRE shows 77% rise in contained gold oz
Galantas Gold Corporation reported a 77% increase in total contained gold ounces in a revised mineral resource estimate (MRE) for Cavanacaw mine in Omagh, Northern Ireland. ROBUST The Canadian company’s revised NI 43-101-compliant MRE is based on 42 additional drill holes and a complete review of the previous vein wireframe interpretations. Consultants Micon International Ltd’s […]
Conroy finds mineralisation continuity at Creenkill
Conroy Gold and Natural Resources plc said that trenching and drill results showed continuity of a mineralised structure at Creenkill in its Mines Royal option of Newtownhamilton, County Armagh. GOLD TRENDS The programme is on the Skullmartin Fault gold trend, separate from and 20km to the south of the 65km long Orlock Bridge gold trend, […]
Scotgold reviews mine design, schedule and production
Scotgold Resources Ltd plans a third-party review for the next 12 months at its Cononish mine following dwindling cash and initial low grade gold finds. DEVELOPMENT RATES The review will initially assess the mine design, schedule and production forecasts. Second stage power and ventilation upgrades will also be included to improve mine accessibility, allowing simultaneous operation […]