Scotgold Resources Ltd lowered its 2021 guidance for gold production, citing “teething problems” over handling issues and low recruitment due to pandemic restrictions imposed since 25 December. The company said that problems had occurred in three key areas of crusher circuit chokes, flotation circuit pumps and filter press controls at its Cononish gold and silver […]
Tag: silver
Power Metal looks to increase Ontario assets
Power Metal Resources plc plans to increase its interests in Ontario just days after the company’s acquisition of gold projects in the Canadian province. FOOTPRINT The company has signed a 30-day option for four gold exploration properties in the Hemlo-Schreiber greenstone belt for a total C$260,000. McKellar comprises 58 mining claims over 12.3km² prospective for […]
Anglesey PEA increases Parys mineable tonnage
Anglesey Mining plc reported major increase in mineable tonnage at its precious and base metals deposits at Parys Mountain in North Wales. POTENTIAL A preliminary economic assessment (PEA) conducted by Micon International Ltd of copper-zinc-lead-gold-silver deposits showed a new estimate of 5.2m tonnes in the indicated category at a combined base metal grade of 4.3%. […]
Power Metal delineates very high grade Ag at Silver Peak
Power Metal reported it had delineated very high grade silver at the Silver Peak project in British Columbia, Canada. The company managed to complete six diamond drill holes, each at an average of 12 feet, and collect rock chip samples using man-portable equipment before the snows fell at the end of November. Weather conditions made […]
Condor Gold clears site as it transforms into a producer
Condor Gold plc said it had started initial site preparations at the location of the processing plant facility at La India gold mine, Nicaragua. Work includes creating the main plant access road from a regional paved highway to the processing plant, in-plant roads and a bypass road. All key areas for the plant layout – […]
Condor Gold starts 4,000m La India infill diamond drill
Condor Gold plc announced the start of a 4,000 metre close-spaced infill diamond drilling programme within the open pit at the La India gold project in Nicaragua. The company also hopes to start drilling on the high grade Mestiza open pit in January 2021. Condor Gold chairman and chief executive Mark Child added that mining […]