Power Metal Resources plc has completed its 2021 Phase I diamond drill exploration programme and established a new vehicle ahead of a possible public listing for the Silver Peak project in British Columbia, Canada. NEW VEHICLE A total of 19 holes were drilled and all cores are now being logged, catalogued and split by independent geological consultants prior to […]
Tag: UKmining
Alba increases drill holes and depths for TBS ilmenite
Alba Minerals Resources plc has completed its planned drilling programme, doubling the number of drill holes for greater depths at the Thule Black Sands (TBS) ilmenite project in Greenland. DRILL FENCES Through its subsidiary White Eagle Resources Ltd, the company aims to expand and upgrade the resources defined during the 2018 drilling campaign. A total […]
Erris doubles Loch Tay gold exploration area
Erris Gold Resources plc said it had more than doubled its exploration area with a new licence granted to partner Greenore Gold in the Loch Tay project within the Grampian gold belt, Scotland. LICENCE In May 2020, the companies jointly applied for the Glen Almond licence covering 250km2 of prospective ground. Erris Gold today announced […]
Kavango extends licence area and starts double shift at KSZ
Kavango Resources plc has extended its licence area to 8,751.7km2 and started double shift drilling in its exploration programme for copper-nickel-PGM rich sulphide ore bodies in the Kalahari Suture Zone (KSZ) in Botswana. LICENCES The company was awarded two further three-year PLs in the KSZ covering a combined 1,258km2 with the option of two two-year renewal […]
Condor Gold appoints John Seaberg as CFO
Condor Gold plc has appointed John Seaberg as chief financial officer with effect from 1 September 2021. He replaces Jeffrey Karoly who has been the company’s part-time CFO for four years while also being CFO of Rupert Resources. Mr Seaberg has more than 25 years’ experience in the mining industry and held a number of executive […]
Hummingbird revenue falls with output weighted in H2
Hummingbird Resources plc recorded a fall in revenue and swung to a loss as the company expects production to be weighted in the second half of 2021 at its Yanfolila gold mine in Mali, West Africa. FINANCES In its unaudited results for the six months ended 30 June 2021, the company reported revenue of US$87 million (H1 […]