Oriole Resources plc reported an increased inaugural JORC inferred mineral resource estimate to 1.23 million oz contained gold for the Mbe orogenic gold project in Cameroon. STATUS The figure, from independent consultants Forge International Ltd, is for the MB01-N and MB01-S deposits combined. The pit constrained inferred MRE for MB01-N is of 10.5 million tonnes […]
Month: September 2026
Sunda raises £405,000
Sunda Energy plc has raised gross £404,780 from a retail offer for the issue of 13,606,029 new shares and 6,802,977 warrants. REORGANISATION The sum raised adds to the £6.7 million raised earlier this week, which will fund the oil and gas exploration company’s proposed expansion into New Zealand. Shareholders are expected to vote on the […]
Reabold raises £687,000
Reabold Resources plc has raised £686,800 via a conditional subscription for 686,800,000 new ordinary shares of 0.1 pence each in the company, at 0.1 pence per share. DIRECTORS The company has also proposed a share consolidation, subject to shareholder approval. The subscription adds to the £1.51 million and £1.9m raised during March 2026, and takes […]
Weardale receives £700,000 grant
Weardale Lithium has received a £700,000 government grant for a detailed feasibility study at its geothermal lithium project in Eastgate, County Durham. MAPPING The funds are from the £4 billion DRIVE35 Scale-Up: Feasibility Studies competition, and delivered by the Department for Business and Trade in partnership with the Advanced Propulsion Centre UK (APC) and Innovate […]
Metals expands acreage at La India
Metals Exploration plc has added four “highly prospective” exploration concessions adjacent to its La India gold project in Nicaragua. TARGETS The awarded licences, comprising La Grecia, San Cristobel, Dos Hermanos and Las Cruces, cover a combined 64,400 hectares. La Grecia includes historical gold workings and “numerous” other gold targets, previously explored by Newcrest Mining Ltd. […]
Capricorn secures more time for possible offer
Capricorn Energy plc has been granted more time for Alamadiyaf al-Masiyyah for Trading LLC to make an all cash offer for the company. EGYPT The company said that the extended deadline of 5pm on 6 May 2026 allowed Alamadiyaf al-Masiyyah more time for its funding arrangements. Capricorn may also further extend the revised PUSU deadline […]