Metals & Minerals News

Oriole begins 2,950m drilling at MB01-N

Oriole Resources plc’s partner and operator has started an inaugural 2,950 metre diamond drilling programme at the MB01-North target at the Mbe gold project in central Cameroon. PAYMENTS BCM International Ltd will pay Oriole US$900,000 in three equal monthly instalments, beginning this month, and contribute $300,000 to drilling costs, as agreed on 5 November, for up 50% of […]

Equipment & Logistics Metals & Minerals News

Panther appoints drilling contractor for Winston

Panther Metals plc has appointed Platinum Diamond Drilling Inc. to drill the Winston Lake gold-gallium-silver-zinc-copper-cobalt tailings storage facility in Ontario, ahead of a mineral resource estimate. TRANSFORM Independent consultants SRK Exploration Ltd, who were appointed in September, will conduct the MRE. Chief executive officer Darren Hazelwood said that the appointment of the drilling contractor was […]

Finance Metals & Minerals News

Galantas increases fundraise to CA$13.5m

Galantas Gold Corporation has increased its recent fundraise from CA$7 million to $13.5m following “strong investor demand”. CHILE The Canadian explorer and miner issued a total of 168,750,000 units, comprising one Galantas share and one warrant, at a price of C$0.08 per unit. Agents will be allowed to raise up to an additional additional C$2,025,000 […]