Oriole Resources plc’s initial sampling results support its hypothesis of huge potential for gold exploration on the 3,592km2 Central Licence Package (CLP) in Central Cameroon. PRIORITY Following a desktop remote sensing study that identified 12 initial priority gold targets, Oriole conducted a mapping and stream sediment sampling programme. The programme was completed over the five easternmost licences, […]
Tag: UKmining
Power Metal raises £123,000 through warrant exercise
Power Metal Resources plc raised £123,000 following notices to exercise warrants over 16,500,000 new ordinary shares of 0.1 pence each. The warrant shares are being issued pursuant to the exercise of 15,000,000 warrants at an exercise price of 0.75 pence per ordinary share of 0.1 pence each in the company (ordinary share) and 1,500,000 warrants at an exercise price of 0.70p per […]
Tertiary optimistic over Brunton Pass copper results
Tertiary Minerals plc announced further results of copper and gold in rock samples taken at its 100% Brunton Pass copper project in Nevada, USA. FINDINGS Tertiary has staked 24 mining claims with copper mineralisation across a 1km x 0.6km target area. Rock samples taken from the northern half of the claim block contain up to […]
Altus reports multiple intersections for outside Tabakorole gold deposit
Altus Strategies plc reported more positive results with multiple intersections encountered outside its mineral deposit at its Tabakorole joint venture gold project in southern Mali. RESULTS Results from five diamond drill holes (totalling 997m) from the central zone include shallow intersections outside of the mineral deposit of: 2.6 g/t gold over 21m from 70m; 1.3 […]
Red Rock starts drilling at Mikei gold project, Kenya
Red Rock Resources plc has started a 2,000m reverse circulation drill programme while continuing exploration and surveys in its 100% owned Mikei gold project (MGP), in the Migori greenstone belt, Kenya. OPERATIONS Drilling follows receipt of necessary permits and targets the Central Kakula-Kalange-Munyu gold prospect in the centre of the MGP. The company also continues […]
Alba intersects significant graphite layers at Amitsoq
Alba Mineral Resources plc said its completed first drilling campaign had intersected “significant” graphite layers at the Amitsoq graphite project in southern Greenland. THICKNESS The company’s subsidiary Obsidian Mining Ltd completed its planned diamond drill programme at the Amitsoq Island deposit, part of the overall Amitsoq project, to establish an initial mineral resource. A total […]