First Development Resources plc has been granted an environmental (mining) licence, which allows drilling on the Selta project in the Northern Territory, Australia. COMPELLING The company will focus on the high priority Lander West gold target, located within the Stafford gold trend. Operations will include targeted reverse circulation drilling for 40 reverse circulation drill holes, […]
Day: 16 September 2026
Power Metal posts mixed findings at Badger Lake
Power Metal Resources plc confirmed “favourable” geological conditions for uranium mineralisation but “no elevated radioactivity” at Badger Lake in the Athabasca Basin area, northern Saskatchewan, Canada. EXPLORATION A now completed diamond drilling programme of four holes for a total of 1,922 metres aimed to test “fault structures and analogies of major deposits”. Drilling intersected “highly encouraging […]
Reabold clarifies Bitcoin plan for West Newton
Reabold Resources plc is continuing to investigate the possibility of mining Bitcoin to finance gas production at the West Newton joint venture in East Yorkshire. SCALE The company first raised the idea in August 2025 when the JV also signed a non-binding letter of intent with Texas-based 360 Energy for potential Bitcoin mining. Operations at […]