Power Metal Resources plc and Kavanago Resources plc have started exploration fieldwork on the South Ghanzi copper-silver project in the Kalahari Copper Belt (KCB), northwest Botswana. South Ghanzi comprises two prospecting licences PL036/2020 and PL037/2020 covering 1,294km2 and is held in a 50-50 strategic joint venture (SJV) between the two companies. The Botswana KCB has […]
Tag: silver
Scotgold makes first gold pour on St Andrew’s Day
Scotgold Resources Ltd announced its first gold pour at the Cononish gold and silver mine in the Scottish Grampian Mountains area. The gold exploration company achieved the milestone on St Andrew’s Day yesterday (30 November). Scotgold said it would now increase production at Cononish to design level early in 2021 to become Scotland’s first commercial […]
Power Metal drills at Silver Peak despite winter weather
Power Metal Resources plc said it had overcome bad weather by using smaller equipment to start diamond drilling at its Silver Peak project in British Columbia, Canada. CONDITIONS The company had expected to start a 500-metre confirmatory diamond core drill programme to test the Victoria vein. However, poor weather has prevented the drilling rig and […]
Galantas starts new review of Cavanacaw
Galantas Gold Corporation announced it was conducting a new technical review of exploration work, including a proposed core drilling programme, at Cavanacaw mine in Omagh, Northern Ireland. The Canadian company has said its licensed area holds more than three million ounces of gold which is wants to “aggressively explore”. Galantas said that the exploration report […]
Power Metal to drill at Silver Peak before winter
Power Metal Resources plc aims to start drilling for silver after signing a contract to test the Victoria Vein at the Silver Peak project in British Columbia, Canada. The project includes the Eureka-Victoria Silver Mine, the first Crown-granted mineral property in British Columbia. The drill programme is expected to be completed within a two-week window […]
Scotgold raises £3m to double mine production
Scotgold Resources has raised £3 million from a placing to double production and increase exploration during 2021 at its Cononish Gold and Silver Mine in Loch Lomond and Trossachs National Park. The company raised the funds before expenses by way of placing 2,727,273 depositary interests of no par value in the company (new ordinary shares) […]