Equipment & Logistics Metals & Minerals News

Galantas first surface drill falls in predicted dilation zone

Galantas Gold Corp’s first drill hole in the new surface drill programme has fallen within a predicted dilation zone at the main Joshua vein in Cavanacaw mine, Omagh. POTENTIAL Dilation zones, first identified in the Kearney vein, have the potential for wider widths of mineralisation. Hole FR-DD-23-196 targeting a gap in the earlier resource model […]

Company Moves Metals & Minerals News

Tungsten West CFO Nigel Widdowson resigns

Tungsten West plc chief financial officer Nigel Widdowson has resigned after two years in the role and with immediate effect as a director. Mr Widdowson will remain CFO, focusing on funding and financing activities, while the company finds his replacement and to ensure a smooth transition. Chairman David Cather said: “On behalf of the board, […]

Equipment & Logistics Metals & Minerals News

Cornish Metals pumps first water in 25 years from South Crofty

Cornish Metals Inc has started pumping the first water in a quarter of a century using two submersible pumps in New Cook’s Kitchen shaft from South Crofty tin mine. TREATMENT PLANT Two KSB BSX 463/5 specialist high-head 950 kilowatt vertical submersible pumps, manufactured and supplied by KSB Ltd, sit approximately 360m below surface. The pumps […]

Finance Metals & Minerals News

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 […]

Finance Metals & Minerals News

Galantas raises C$749,000 via shares for creditors

Galantas Gold Corporation completed a shares-for-debt transaction announced in March with several of its arm’s length creditors for a total C$749,020 (£440,600). The company has accordingly issued a total 2,080,609 units of the company each at a deemed price of C$0.36. Each unit is comprised of one common share and one common share purchase warrant. Each […]