Cornwall Resources Ltd has identified an overall increase in grades at its Redmoor tungsten, tin and copper project following reanalysis of 73 pulp samples from 2017 and 2018 exploration drilling. MRE The review applied a reduced analytical cutoff grade utilised to select samples for x-ray fluorescence (XRF) from 0.5% tungsten trioxide to 0.3%. A total […]
Day: 19 June 2025
Reabold nears 50% stake in Colle Santo
Reabold Resources plc now holds 45.1% in the Colle Santo gas field after converting £500,000 of outstanding convertible loan notes into 374 ordinary shares in the project’s majority owner. RESERVES The conversion was at an average price of £1,350 per share in LNEnergy Limited (LNE). LNE manages and owns 100% of Italian company LNE Srl, […]
Capricorn JV to integrate Egypt concessions
Capricorn Energy plc is closer to integrating eight of its existing joint venture Egyptian Western Desert concessions into a new, single concession with improved commercial and development terms. PRODUCTION The Egyptian General Petroleum Corporation (EGPC) granted consent to the company and its partner Cheiron Oil and Gas Ltd, each holding 50%. The new concession agreement […]
Metals starts construction at La India
Metals Exploration plc has started constructing infrastructure, marked by an official opening ceremony, at the La India gold project in Nicaragua. ECONOMY The project hosts the historic La India gold mine which produced between 1938 and 1956, mainly while owned by Canadian miner Noranda Inc. Condor Gold plc, acquired by Metals, began exploratory work in […]