Golden Metal Resources plc has identified three “significant” exploration targets which could increase the resource potential for its flagship Pilot Mountain tungsten project in Nevada, USA. ZONES Results from a high-resolution induced polarisation geophysics survey showed undrilled targets of Desert Scheelite parallel west zone; Porphyry depths zone; and Desert Scheelite east extension zone all within the Walker Lane […]
Tag: silver
Golden Metal publishes inaugural ESG report
Golden Metal Resources plc has published its inaugural environment, social and governance (ESG) report for its as yet non-producing four metals projects in Nevada, USA. MANAGEMENT The company’s principles in the 11-page report include ethical business practices; biodiversity & conservation; social responsibility; sustainable development; and health and safety & risk management. “By establishing this report […]
Scotgold to start blasting at Cononish
Scotgold Resources Ltd said it aimed to start blasting in approximately a week’s time at Cononish gold and silver mine near Tyndrum in Scotland. ORE GRADE The Australian company has finished long hole stoping on block 1 and now started on block 2 along the 115m strike length in the underground mine. Other work completed […]
Anglesey Mining prepares EIA for Parys
Anglesey Mining plc expects to submit an environmental impact assessment (EIA) and revise existing permissions for its Parys Mountain copper-zinc-lead-gold-silver project. LEGISLATION Changes in the Town & Country Planning Act and environmental legislation have been made since the company received approval for several existing planning permissions, valid until 2028. To gain consents for the former […]
Anglesey Mining revises MRE for Parys
Anglesey Mining plc reported a revised mineral resource estimate (MRE) with the inclusion of the first measured resource for Parys Mountain. CATEGORIES The company’s revised estimates for the White Rock and Engine zones are based on 10 additional drill holes completed in 2022 and a detailed review of previous geological interpretations. Measured resources include […]
Scotgold rise in revenues offset by increased loss and debt
Scotgold Resources Ltd’s increase in revenues were dented by a rise in pre-tax losses and debt at Cononish gold and silver mine, near Tyndrum in Scotland. FINANCES The company’s interim results for the six months ended 31 December 2022 showed total revenues of A$9.5 million (H1 2022: A$6.4m) Loss before taxation was A$9.5m (H1 2022: […]