Oriole Resources plc has started 2,500 metres’ step-out diamond drilling in 10 holes at the Mbe South orogenic gold deposit in the Adamawa Region, central Cameroon. MRE The programme aims to expand the inaugural JORC inferred mineral resource estimate for the MB01-S deposit of 24.8 million tonnes, at a grade of 1.09 g/t gold, for […]
Month: September 2026
GreenRoc receives BB grade from Digbee
GreenRoc Strategic Materials plc, focused on the Amitsoq graphite project in Greenland, has received a BB rating for environment, social and governance from Digbee ESG. IMPARTIAL The company said that the rating was considered as ‘average’ and comprised a corporate rating of BBB and a project rating of BB. GreenRoc previously received a BB for […]
Cornwall Resources starts Redmoor infill drilling
Cornwall Resources Ltd has started resource infill drilling as part of the prefeasibilty study for its Redmoor tungsten-tin.copper project in the southeast of the county. MRE The company began on 28 March to drill hole CRD042, which is the first of eight planned holes from pad four, for a total 3,850 metres over six months. […]
Metals on track at La India with increased budget
Metals Exploration plc has increased its total budget forecast from US$165 million (£125m) to $171m (£130m) due to “revised electrical infrastructure costs” at La India gold project in Nicaragua. CONSTRUCTION The new figure follows the company’s decision to build a 138 kilovolt substation with the country’s national electricity transmission company ENATREL for US$6.2m, which is […]
Helium One raises £1.5m
Helium One Global Ltd has raised £1.5 million through an oversubscribed retail offer for 250m new ordinary shares, at 0.6 pence per share. TVRs The company said it increased its target figure of £1m following strong support from its retail shareholders. The sum adds to the £3.5m raised by way of a direct subscription for […]
First Class investor reduces shares to zero
First Class Metals plc investor The 79th Group has reduced its holding in the company from 11.8% to zero. POLYMETAL A TR-1 notification issued today showed that the threshold was crossed on 27 March 2026. The investment group previously sold 21.7% of its holding on 20 February 2026. The 79th Group is currently in administration […]