United Oil & Gas plc has signed a contract for the R/V Gyre survey vessel to conduct the piston coring and surface geochemical programme at Walton Morant, offshore southern Jamaica. HURRICANE Texas-based TDI Brooks International is due to deliver the vessel to the 22,400km2 licence block in mid to late December 2025. The work programme, […]
Day: 2 December 2025
First Class secures £500,000 CLN
First Class Metals plc has agreed a convertible loan note for £500,000 with an “international institutional investor” to fund drilling the Dead Otter gold trend on North Hemlo in Ontario, Canada. USES The interest-free CLN matures in 12 months and has a conversion price of 80% of the lowest five-day VWAP prior to any conversion notice. The […]