The rare earth elements 50-50 strategic joint venture between Kavango Resources plc and Power Metal Resources plc has completed the first stage of orientation work at Ditau Camp, Botswana. The work included geophysical and geochemical surveys at the site covering two prospecting licences of PL169/2012 and PL010/2019. Power Metal said that orientation work was conducted […]
Tag: extractive industries
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 […]
Oriole awaits drill results of Hesdaba epithermal gold
Oriole Resources plc reported the completion of the first phase of a diamond drill programme at Hesdaba epithermal gold project in Djibouti in the Horn of Africa. The company, which has an 11.8% interest in operator Thani Stratex Djibouti Ltd, said the site team had drilled an additional 321.50m in three holes, and 1,884m reverse circulation […]
Altona Energy appoints Cedric Simonet as NED
Altona Energy plc has appointed Cedric Simonet as a non-executive director with immediate effect. French geologist Cedric Simonet, 47, has spent most of the past 25 years living and working in Africa and works as an independent consultant in mineral development across the continent. He graduated from Université Blaise Pascal with a Masters in Geology in […]
Kavango Resources chairman Douglas Wright to leave
Kavango Resources plc’s chairman and non-executive director Douglas Wright will resign at the end of 2020 to concentrate on his other business interests. Mr Wright joined the company as non-executive chairman prior to its admission to the Official List in 2018 and helped guide the company through the IPO process. Kavango co-founder and non-executive director Mike […]
Hummingbird to extend drilling at Yanfolila gold mine
Hummingbird Resources plc said it has extended its drilling campaign after it intersected new zones mineralisation and found improved grade continuing at depth at its Yanfolila gold mine in Mali. The company has been conducting its final drilling programme at the Sanioumale East (SE) deposit. Results show that at 8m at 2.68 g/t from 112 m […]