Block Energy plc has raised £1,499,974 via an institutional placing of, and direct subscriptions for, a total 214,282,000 new ordinary shares of 0.25 pence each, at an issue price of 0.7 pence per share. TVRs The company, with oil and gas assets in Georgia, said the fundraise had attracted strong demand from new and existing investors. The fundraise, which […]
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Guardian finds more high-grade zones at Garfield
Guardian Metal Resources plc has revealed more zones of “high-grade gold, silver and copper mineralisation” from surface sampling at its Garfield project in the Walker Lane mineral belt, Nevada, USA. COMPELLING The property contains two large, “deep-seated intrusive/magnetic bodies” at the High-Grade and Power Line zones, which extend for more than 800 metres. Results of […]
Oriole signs Mbe-Bibemi completion agreement
Oriole Resources plc has signed a completion agreement, including 2,950m inaugural diamond drilling, with its earn-in partner on the Bibemi and Mbe gold projects in Cameroon. EXPLORATION BCM International Ltd expects to begin operations in December, and will focus on MB01-N. The operator aims to convert the target’s range of 15 to 20 million tonnes […]
Union Jack disappointed over Sark poor show
Union Jack Oil plc’s joint venture has had its first setback from a poor show in its fifth drilled well, Sark, in central Oklahoma, USA. PROGRAMME Operator and partner Reach Oil and Gas company plc drilled the well to a total depth of 5,391 feet, targeting an estimated 1,440,000 barrels of oil gross and a […]
Nativo chairman increases shareholding
Nativo Resources plc executive chairman Christian Yates and his wife purchased a total of 1,277,249 shares in the company on 4 November 2025. Mr Yates bought a total of 636,059 shares at a price of 0.3899 pence per share, while Rosemary Anne Yates purchased 641,190 shares, each at a price of 0.3899 pence. As a […]
Alba begins inaugural drill at Finnsbo
Alba Mineral Resources plc has started its inaugural drill, of three holes for 300 metres, at the Finnsbo gold-copper-rare earth elements earn-in located in eastern Bergslagen, Uppland, eastern Sweden. EXPENDITURE The two-week operation aims to determine continuity of high-grade mineralisation, with a focus on the ‘Pop 2’ site. Alba’s first stage earn-in involves the right […]